Discontinued — last reported Q3 '24
Business Segments · Operating Income as a % of Net Sales
Electrical Solutions — Operating Income as a % of Net Sales
Hubbell Electrical Solutions — Operating Income as a % of Net Sales decreased by 8.5% to 18.3% in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from 16.6% to 18.3%. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ3 2015
Last reportedQ3 2024Oct 30, 2024
Rolls up toOperating Income as a % of Net Sales
How to read this metric
An increasing margin indicates improved operational efficiency, better pricing power, or favorable product mix shifts.
Detailed definition
The operating margin of the segment, calculated as operating income divided by net sales. It measures the segment's abil...
Peer comparison
A standard 'Operating Margin' metric used across all industrial sectors to compare segment-level profitability.
Metric ID:
hubb_segment_electrical_solutions_operating_income_as_a_of_net_salesHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 14.9% | 13.8% | 10.9% | 15% | 13.6% | 14.2% | 16.5% | 16.6% | 14.1% | 20% | 18.3% |
| QoQ Change | — | -7.4% | -21.0% | +37.6% | -9.3% | +4.4% | +16.2% | +0.6% | -15.1% | +41.8% | -8.5% |
| YoY Change | — | — | — | +0.7% | -1.4% | +30.3% | +10.0% | +22.1% | -0.7% | +21.2% | +10.2% |
Range10.9% – 20%
CAGR+8.6%
Avg YoY Growth+11.5%
Median YoY Growth+10.1%
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Frequently Asked Questions
- What is Hubbell's electrical solutions — operating income as a % of net sales?
- Hubbell (HUBB) reported electrical solutions — operating income as a % of net sales of 18.3% in Q3 2024.
- How has Hubbell's electrical solutions — operating income as a % of net sales changed year-over-year?
- Hubbell's electrical solutions — operating income as a % of net sales increased by 10.2% year-over-year, from 16.6% to 18.3%.
- What does electrical solutions — operating income as a % of net sales mean?
- The percentage of segment revenue that remains as profit after operating expenses.