Discontinued — last reported Q3 '24
Business Segments · Operating Income as a % of Net Sales
Utility Solutions — Operating Income as a % of Net Sales
Hubbell Utility Solutions — Operating Income as a % of Net Sales increased by 6.6% to 22.6% in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from 22.3% to 22.6%. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2024
How to read this metric
An increasing ratio suggests improved operational efficiency, better pricing power, or favorable product mix shifts.
Detailed definition
Measures the segment's operating profitability by expressing operating income as a percentage of net sales. It indicates...
Peer comparison
A primary benchmark for comparing the operational efficiency of business segments across different industrial companies.
Metric ID:
hubb_segment_utility_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 | 13% | 13.8% | 13.5% | 15.3% | 16.8% | 22.7% | 24% | 22.3% | 17.6% | 21.2% | 22.6% |
| QoQ Change | — | +6.2% | -2.2% | +13.3% | +9.8% | +35.1% | +5.7% | -7.1% | -21.1% | +20.5% | +6.6% |
| YoY Change | — | — | — | +17.7% | +21.7% | +68.1% | +56.9% | +32.7% | -22.5% | -11.7% | +1.3% |
Range13% – 24%
CAGR+24.8%
Avg YoY Growth+20.5%
Median YoY Growth+19.7%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Hubbell's utility solutions — operating income as a % of net sales?
- Hubbell (HUBB) reported utility solutions — operating income as a % of net sales of 22.6% in Q3 2024.
- How has Hubbell's utility solutions — operating income as a % of net sales changed year-over-year?
- Hubbell's utility solutions — operating income as a % of net sales increased by 1.3% year-over-year, from 22.3% to 22.6%.
- What does utility solutions — operating income as a % of net sales mean?
- The percentage of segment revenue that remains as operating profit.