Slide 1: Third Quarter Earnings
Third Quarter Earnings OCTOBER 20, 2015
Slide 2: Agenda
AGENDA • IDEX’s Outlook • Q3 2015 Financial Performance • Q3 2015 Segment Performance • Fluid & Metering • Health & Science • Fire & Safety / Diversified Products • Guidance Update • Q&A 1 Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries
Slide 3: Replay Information
Replay Information • Dial toll–free: 877.660.6853 • International: 201.612.7415 • Conference ID: #13604137 • Log on to: www.idexcorp.com 2 Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries
Slide 4: Cautionary Statement Under the Private Securities Litigation Reform Act
Cautionary Statement Under the Private Securities Litigation Reform Act This presentation and discussion will include forward-looking statements. Our actual performance may differ materially from that indicated or suggested by any such statements. There are a number of factors that could cause those
Slide 5: IDEX Q3 Financial Performance
IDEX Q3 Financial Performance Sales Adjusted EPS* Organic: 4% decrease 1% increase $0.88 $0.89 $533 $504 $1.00 $600 $400 $0.50 $200 $0 $0.00 Q3 Q3 2014 2015 2014 2015 Adjusted Operating Margin* Free Cash Flow 70 bps increase 15% increase 21.5% 23.0% 20.8% $105 $150 $92 21.0% $100 19.0% $50 17.0% $0
Slide 6: Fluid & Metering
Fluid & Metering Orders Sales Adjusted Operating Margin* Organic: 3% decrease Organic: 4% decrease 120 bps decrease $220 $210 $300 $223 $212 24.5% $300 26.0% 23.3% $200 $200 24.0% $100 $100 22.0% $0 $0 20.0% Q3 Q3 Q3 2014 2015 2014 2015 2014 2015 Q3 Sales Mix: Organic -4% Q3 Summary: Water Service
Slide 7: Health & Science
Health & Science Orders Sales Adjusted Operating Margin* Organic: 2% increase Organic: 3% decrease 40 bps decrease $177 $191 $185 $174 $200 $200 22.5% 22.1% $150 $150 $100 $100 22.0% 21.7% $50 $50 $0 $0 21.5% Q3 Q3 Q3 2014 2015 2014 2015 2014 2015 Q3 Sales Mix: Organic -3% Q3 Summary: Scientific F
Slide 8: Fire & Safety / Diversified
Fire & Safety / Diversified Orders Sales Adjusted Operating Margin* Organic: 8% decrease Organic: 5% decrease 460 bps increase $114 $120 $150 $99 $150 $107 35.0% 30.7% 26.1% $100 $100 30.0% $50 $50 25.0% 20.0% $0 $0 Q3 Q3 Q3 2014 2015 2014 2015 2014 2015 Q3 Sales Mix: Organic -5% Q3 Summary: Dispe
Slide 9: Outlook: 2015 Guidance Summary
Outlook: 2015 Guidance Summary Q4 2015 EPS estimate range: $0.88 – $0.91 Operating margin: ~ 20.5% Tax rate: ~ 27.0 -- 27.5% Fx impact: ~3% topline headwind, based on current Fx rates FY 2015 EPS estimate range: $3.50 – $3.53 Organic revenue growth: ~ (3%) – (2%) Operating margin: ~ 21% Fx impact: ~