Discontinued — last reported Q2 '24
Industrial Controls — Net Sales
Hubbell Industrial Controls — Net Sales increased by 14.1% to $110.60M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $109.10M to $110.60M. Over 2 years (FY 2021 to FY 2023), Industrial Controls — Net Sales shows an upward trend with a 30.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong demand for industrial automation and infrastructure upgrades, while a decrease may indicate a slowdown in industrial capital expenditure or loss of market share.
Detailed definition
This metric represents the total revenue generated from the sale of industrial control products and systems within the s...
Peer comparison
Comparable to industrial automation and control revenue segments at diversified electrical equipment manufacturers, often benchmarked against industrial CAPEX cycles.
hubb_segment_industrial_controls_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $64.70M | $64.70M | $69.90M | $73.00M | $76.70M | $95.40M | $92.60M | $93.90M | $109.10M | $112.30M | $122.90M | $96.90M | $110.60M |
| QoQ Change | — | +0.0% | +8.0% | +4.4% | +5.1% | +24.4% | -2.9% | +1.4% | +16.2% | +2.9% | +9.4% | -21.2% | +14.1% |
| YoY Change | — | — | — | — | +18.5% | +47.4% | +32.5% | +28.6% | +42.2% | +17.7% | +32.7% | +3.2% | +1.4% |
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Frequently Asked Questions
- What is Hubbell's industrial controls — net sales?
- Hubbell (HUBB) reported industrial controls — net sales of $110.60M in Q2 2024.
- How has Hubbell's industrial controls — net sales changed year-over-year?
- Hubbell's industrial controls — net sales increased by 1.4% year-over-year, from $109.10M to $110.60M.
- What is the long-term trend for Hubbell's industrial controls — net sales?
- Over 2 years (2021 to 2023), Hubbell's industrial controls — net sales has grown at a 30.4% compound annual growth rate (CAGR), from $257.80M to $438.20M.
- What does industrial controls — net sales mean?
- The total revenue earned from selling industrial control equipment and systems.