EBITDA Performance Review: Hubbell Incorporated vs IDEX Corporation

Hubbell vs. IDEX: A Decade of EBITDA Growth

__timestampHubbell IncorporatedIDEX Corporation
Wednesday, January 1, 2014594700000504019000
Thursday, January 1, 2015533600000505071000
Friday, January 1, 2016564700000507871000
Sunday, January 1, 2017585600000591033000
Monday, January 1, 2018677500000657092000
Tuesday, January 1, 2019740900000647793000
Wednesday, January 1, 2020671400000604602000
Friday, January 1, 2021661000000720500000
Saturday, January 1, 2022854300000909800000
Sunday, January 1, 20231169700000964100000
Monday, January 1, 20241291200000677200000
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Igniting the spark of knowledge

A Decade of EBITDA Growth: Hubbell vs. IDEX

In the competitive landscape of industrial manufacturing, EBITDA serves as a crucial indicator of financial health and operational efficiency. Over the past decade, Hubbell Incorporated and IDEX Corporation have demonstrated remarkable growth in this metric.

Performance Highlights

From 2014 to 2023, Hubbell's EBITDA surged by approximately 97%, peaking in 2023. This growth trajectory underscores Hubbell's strategic initiatives and market adaptability. Meanwhile, IDEX Corporation also showcased a robust performance, with a 91% increase in EBITDA over the same period.

Year-on-Year Insights

The year 2022 marked a significant milestone for both companies, with Hubbell achieving an EBITDA of 854 million and IDEX reaching 910 million. This upward trend continued into 2023, with Hubbell surpassing the billion mark, reflecting its strong market position.

Conclusion

As these industry giants continue to innovate and expand, their EBITDA performance remains a testament to their enduring market leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025