Discontinued — last reported Q4 '23
BAND-IT — Total Net Sales
IDEX BAND-IT — Total Net Sales remained flat by 0.0% to $29.85M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $27.90M to $29.85M. Over 2 years (FY 2021 to FY 2023), BAND-IT — Total Net Sales shows an upward trend with a 8.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase in net sales indicates growing market adoption or successful pricing strategies for the segment's product offerings, while a decrease may signal softening demand or competitive pressure in the industrial fastening market.
Detailed definition
This metric represents the total revenue generated by the BAND-IT business unit, which specializes in engineered fasteni...
Peer comparison
Comparable to revenue metrics for specialized industrial components or niche manufacturing business units at diversified industrial peers.
iex_segment_band_it_total_net_salesHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $100.80M | $111.60M | $119.40M |
| YoY Change | — | +10.7% | +7.0% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is IDEX's band-it — total net sales?
- IDEX (IEX) reported band-it — total net sales of $29.85M in Q4 2023.
- How has IDEX's band-it — total net sales changed year-over-year?
- IDEX's band-it — total net sales increased by 7.0% year-over-year, from $27.90M to $29.85M.
- What is the long-term trend for IDEX's band-it — total net sales?
- Over 2 years (2021 to 2023), IDEX's band-it — total net sales has grown at a 8.8% compound annual growth rate (CAGR), from $100.80M to $119.40M.
- What does band-it — total net sales mean?
- The total revenue earned from the sale of BAND-IT branded fastening and clamping products.