Discontinued — last reported Q4 '23
Sealing Solutions — Total Net Sales
IDEX Sealing Solutions — Total Net Sales remained flat by 0.0% to $60.58M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $66.50M to $60.58M. Over 2 years (FY 2021 to FY 2023), Sealing Solutions — Total Net Sales shows relatively stable performance with a -4.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing market demand or successful pricing strategies within the sealing technology product line, while a decrease may signal market saturation, competitive pressure, or reduced industrial activity.
Detailed definition
This metric represents the total revenue generated from the sale of sealing components and related fluidic systems withi...
Peer comparison
Comparable to segment-specific revenue reporting in other diversified industrial manufacturing firms that provide specialized components or fluid handling solutions.
iex_segment_sealing_solutions_total_net_salesHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $264.20M | $266.00M | $242.30M |
| YoY Change | — | +0.7% | -8.9% |
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Frequently Asked Questions
- What is IDEX's sealing solutions — total net sales?
- IDEX (IEX) reported sealing solutions — total net sales of $60.58M in Q4 2023.
- How has IDEX's sealing solutions — total net sales changed year-over-year?
- IDEX's sealing solutions — total net sales decreased by 8.9% year-over-year, from $66.50M to $60.58M.
- What is the long-term trend for IDEX's sealing solutions — total net sales?
- Over 2 years (2021 to 2023), IDEX's sealing solutions — total net sales has grown at a -4.2% compound annual growth rate (CAGR), from $264.20M to $242.30M.
- What does sealing solutions — total net sales mean?
- The total revenue earned from the Sealing Solutions business segment.