The analysis results for other companies are summarized below:

IDEX: Strong second quarter, solid growth

IDEX's total sales for the first half of 2025 were $1.68 billion, an increase of approximately 4.5% year-over-year, while total orders were $1.702 billion, a 6.8% year-over-year increase.

Fluid & Metering Technologies sales were $601 million, a 5% decrease year-over-year; Health & Science Technologies sales were $707 million, a 15.1% increase year-over-year; and Fire & Safety/Diversified Products sales were $375 million, a 3.4% increase year-over-year.

Despite the current challenging operating environment, the IDEX team once again demonstrated strong execution in the second quarter. Order trends for its fast-turnaround business slowed slightly at the end of the second quarter, but current levels suggest solid sequential growth in the third quarter.

GRACO: Significant Growth in Africa and Asia Pacific

Graco's total sales for the first half of 2025 were $1.1 billion, up approximately 5% year-over-year; net income was $302 million, up 2% year-over-year. Industrial segment sales were $474 million.

Incremental sales from acquisitions contributed significantly to the growth, with sales growth in Europe, the Middle East, and Africa (EMEA) and Asia Pacific partially offset by a decline in the Americas.

Despite a 3% year-over-year organic revenue decline, primarily driven by a sales decline in the dealership segment, overall sales in the second quarter still increased by 3%.

The organic sales decline in the dealership segment was driven by a weak North American construction market, cautious channel and dealer investments, and reduced home center traffic. The decline in organic revenue was primarily driven by the Americas, while both EMEA and Asia Pacific saw sales growth.

Pentair Raises Full-Year Forecast

Pentair's total sales for the first half of 2025 were $2.133 billion, an increase of approximately 0.8% year-over-year; operating profit was $421 million, a decrease of 1.9% year-over-year.

For the first half of 2025, sales for the Fluids segment were $765 million, a decrease of 2% year-over-year; sales for the Water Treatment segment were $765 million to $557 million, a decrease of 4.6% year-over-year; and sales for the Pool segment were $811 million, an increase of 8% year-over-year.

Despite tariffs and economic uncertainty, the Pentair team executed with precision, once again delivering strong free cash flow, sales growth, and adjusted earnings growth, driving solid financial and operational performance. Pentair will continue to invest in innovation and growth initiatives to drive differentiated growth across its three business segments: Delivering, Improving, and Enjoying Water.

Benefiting from the first half of the year's performance and continued confidence in the resilience of its business model, Pentair has raised its full-year sales growth and adjusted earnings per share forecasts. Pentair's transformation initiatives are progressing as planned and are expected to achieve the expected cost savings this year.