IDEX (IEX) Risk Factor Changes

$1,247.4 million, respectively.

The Company is exposed to fluctuations in foreign currency exchange rates arising from its global business operations.

•geopolitical events, including natural disasters, catastrophic weather events, climate change, public health conditions, including epidemics, pandemics and other outbreaks (such as the global outbreak of the COVID-19…

•the imposition of and changes in the United States’ and other governments’ trade regulations, trade wars, increased or new tariffs and other trade barriers, and variability and unpredictability in trade relations, in…

In 2025, 51% of the Company’s sales were derived from customers within the U.S.

The Company faces various risks related to the occurrence of catastrophic weather events or significant natural disasters, including earthquakes, wildfires, droughts, fires, power-outages or other catastrophic events,…

enactment or proposal of “anti-ESG” legislation or policies.

In addition to changes in regulations or industry standards, a failure by the Company to innovate and adapt products to new markets, changing customer preferences for higher-efficiency products, or increasing scrutiny…

We also are or may become subject to increasing sustainability-related reporting requirements.

Increased public awareness and concern regarding environmental risks, including global climate change and the potential global transition to a lower-carbon economy, may result in more international, regional, federal…

The Company’s total assets includes substantial intangible assets, primarily goodwill and identifiable intangible assets, which primarily result from acquisitions.

In addition, the increasing use and development of AI has increased demand for AI-related projects, including data center power solutions and semiconductor applications.