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Revenue (Tables)

9 Months Ended

Sep. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

Revenue by reporting unit for the three and nine months ended September 30, 2024 and 2023 was as follows:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2024						2023						2024						2023
Pumps			$	102.5					$	94.7					$	305.8					$	309.0
Water			87.3						79.8						259.2						261.2
Energy			48.7						53.7						159.0						160.1
Agriculture			33.0						39.2						111.3						117.9
Valves			29.3						33.7						98.6						99.8
Intersegment elimination			(0.2)						(0.6)						(0.9)						(2.3)
Fluid & Metering Technologies			300.6						300.5						933.0						945.7
Scientific Fluidics & Optics			167.6						162.1						487.9						509.7
Sealing Solutions			57.0						59.2						177.3						186.3
Performance Pneumatic Technologies			58.7						60.0						175.5						195.4
Material Processing Technologies			27.7						29.7						84.2						90.4
Micropump(1)			—						2.2						—						21.9
Intersegment elimination			(1.1)						(0.5)						(2.6)						(2.3)
Health & Science Technologies			309.9						312.7						922.3						1,001.4
Fire & Safety			123.2						112.0						340.0						328.0
Dispensing			35.4						41.9						122.0						122.8
BAND-IT			29.4						26.7						89.4						89.0
Intersegment elimination			(0.3)						(0.4)						(0.8)						(1.9)
Fire & Safety/Diversified Products			187.7						180.2						550.6						537.9
Net sales			$	798.2					$	793.4					$	2,405.9					$	2,485.0

(1) Revenue from Micropump (sold on August 3, 2023) has been included in the Condensed Consolidated Statements of Income through the date of disposition.

Schedule of External Net Sales Disaggregated by Geography

Revenue by geographical region for the three and nine months ended September 30, 2024 and 2023 was as follows:

			Three Months Ended September 30, 2024
			FMT						HST						FSDP						IDEX
U.S.			$	168.5					$	139.9					$	88.9					$	397.3
North America, excluding U.S.			17.2						6.0						10.0						33.2
Europe			45.7						100.4						44.4						190.5
Asia			43.6						59.4						35.1						138.1
Other(1)			25.8						5.3						9.6						40.7
Intersegment elimination			(0.2)						(1.1)						(0.3)						(1.6)
Net sales			$	300.6					$	309.9					$	187.7					$	798.2

			Three Months Ended September 30, 2023
			FMT						HST						FSDP						IDEX
U.S.			$	168.4					$	139.2					$	94.4					$	402.0
North America, excluding U.S.			15.5						3.2						8.8						27.5
Europe			52.3						106.0						39.0						197.3
Asia			43.1						57.8						29.0						129.9
Other(1)			21.8						7.0						9.4						38.2
Intersegment elimination			(0.6)						(0.5)						(0.4)						(1.5)
Net sales			$	300.5					$	312.7					$	180.2					$	793.4

			Nine Months Ended September 30, 2024
			FMT						HST						FSDP						IDEX
U.S.			$	522.3					$	420.6					$	259.5					$	1,202.4
North America, excluding U.S.			50.8						16.3						26.3						93.4
Europe			159.8						303.0						135.7						598.5
Asia			129.8						168.9						102.3						401.0
Other(1)			71.2						16.1						27.6						114.9
Intersegment elimination			(0.9)						(2.6)						(0.8)						(4.3)
Net sales			$	933.0					$	922.3					$	550.6					$	2,405.9

			Nine Months Ended September 30, 2023
			FMT						HST						FSDP						IDEX
U.S.			$	525.9					$	437.3					$	280.5					$	1,243.7
North America, excluding U.S.			52.8						16.6						25.4						94.8
Europe			163.0						338.1						126.1						627.2
Asia			137.0						189.6						80.4						407.0
Other(1)			69.3						22.1						27.4						118.8
Intersegment elimination			(2.3)						(2.3)						(1.9)						(6.5)
Net sales			$	945.7					$	1,001.4					$	537.9					$	2,485.0

(1) Other includes: South America, Middle East, Australia and Africa.

Schedule of Contract with Customer, Asset and Liability

The composition of customer receivables was as follows:

			September 30, 2024						December 31, 2023
Billed receivables			$	451.4					$	408.1
Unbilled receivables			15.9						10.9
Total customer receivables			$	467.3					$	419.0

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The composition of deferred revenue was as follows:

			September 30, 2024						December 31, 2023
Deferred revenue – current			$	65.0					$	55.9
Deferred revenue – noncurrent			16.3						17.3
Total deferred revenue			$	81.3					$	73.2

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Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

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