Discontinued — last reported Q2 '24
Connection and Bonding — Net Sales
Hubbell Connection and Bonding — Net Sales increased by 9.6% to $192.30M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $165.70M to $192.30M. Over 2 years (FY 2021 to FY 2023), Connection and Bonding — Net Sales shows an upward trend with a 11.4% 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 electrical infrastructure components and successful market penetration, while a decrease may indicate slowing industrial activity or competitive pricing pressures.
Detailed definition
This metric represents the total revenue generated from the sale of connection and bonding products, which are essential...
Peer comparison
Peers in the electrical components and industrial hardware sector typically report this as a sub-segment or product-line revenue, often benchmarked against broader industrial capital expenditure trends.
hubb_segment_connection_and_bonding_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 | $135.40M | $137.00M | $136.80M | $143.90M | $156.40M | $156.50M | $151.90M | $153.90M | $165.70M | $165.60M | $167.10M | $175.50M | $192.30M |
| QoQ Change | — | +1.2% | -0.1% | +5.2% | +8.7% | +0.1% | -2.9% | +1.3% | +7.7% | -0.1% | +0.9% | +5.0% | +9.6% |
| YoY Change | — | — | — | — | +15.5% | +14.2% | +11.0% | +6.9% | +5.9% | +5.8% | +10.0% | +14.0% | +16.1% |
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Frequently Asked Questions
- What is Hubbell's connection and bonding — net sales?
- Hubbell (HUBB) reported connection and bonding — net sales of $192.30M in Q2 2024.
- How has Hubbell's connection and bonding — net sales changed year-over-year?
- Hubbell's connection and bonding — net sales increased by 16.1% year-over-year, from $165.70M to $192.30M.
- What is the long-term trend for Hubbell's connection and bonding — net sales?
- Over 2 years (2021 to 2023), Hubbell's connection and bonding — net sales has grown at a 11.4% compound annual growth rate (CAGR), from $525.30M to $652.30M.
- What does connection and bonding — net sales mean?
- The total revenue earned from selling connection and bonding electrical hardware.