How has IDEX's material processing technologies — total net sales changed year-over-year?

IDEX's material processing technologies — total net sales decreased by 12.6% year-over-year, from $34.53M to $30.18M.

What is the long-term trend for IDEX's material processing technologies — total net sales?

Over 2 years (2021 to 2023), IDEX's material processing technologies — total net sales has grown at a -5.3% compound annual growth rate (CAGR), from $134.50M to $120.70M.

Discontinued — last reported Q4 '23

Products & Services · Total Net Sales

Material Processing Technologies — Total Net Sales

IDEX Material Processing Technologies — Total Net Sales remained flat by 0.0% to $30.18M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 12.6%, from $34.53M to $30.18M. Over 2 years (FY 2021 to FY 2023), Material Processing Technologies — Total Net Sales shows a downward trend with a -5.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityModerate

First reportedQ1 2018

Last reportedQ4 2023Feb 22, 2024

Rolls up toTotal Revenue

How to read this metric

An increase indicates growing market demand or successful product adoption within the material processing sector, while a decrease may signal market saturation, competitive pressure, or reduced industrial capital expenditure.

Detailed definition

This metric represents the total revenue generated from the sale of goods and services within the Material Processing Te...

Peer comparison

Comparable to segment-level revenue reporting in diversified industrial manufacturing firms, often benchmarked against industrial machinery and equipment peers.

Metric ID: iex_segment_material_processing_technologies_total_net_sales

Historical Data

3 years

	FY'21	FY'22	FY'23
Value	$134.50M	$138.10M	$120.70M
YoY Change	—	+2.7%	-12.6%

Range$120.70M – $138.10M

CAGR-5.3%

Avg YoY Growth-5.0%

Median YoY Growth-5.0%

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Frequently Asked Questions

What is IDEX's material processing technologies — total net sales?: IDEX (IEX) reported material processing technologies — total net sales of $30.18M in Q4 2023.
How has IDEX's material processing technologies — total net sales changed year-over-year?: IDEX's material processing technologies — total net sales decreased by 12.6% year-over-year, from $34.53M to $30.18M.
What is the long-term trend for IDEX's material processing technologies — total net sales?: Over 2 years (2021 to 2023), IDEX's material processing technologies — total net sales has grown at a -5.3% compound annual growth rate (CAGR), from $134.50M to $120.70M.
What does material processing technologies — total net sales mean?: The total revenue earned from the Material Processing Technologies business segment.