Last updated 2024-09-19 04:45:55 (EDT)

Quarterly Revenue Trend Analysis

Overall Quarterly Revenue Growth Trend of Industrials Sector Companies.

Trend Chart of Adjusted Quarterly Revenue vs. Stock Price Trend Chart for Industrials Sector ETF (XLI)
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Seasonally Adjusted Quarterly Revenue Growth Rate tooltip

QoQ Growth Rate of Revenue-0.8%
YoY Growth Rate of Revenue2.1%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Industrials Sector ETF (XLI) and the seasonally adjusted overall quarterly revenue of Industrials sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Seasonally Adjusted Quarterly Revenue vs. Stock Price for Industrials Sector

Seasonally Adjusted Quarterly Revenue and stock price of Industrials Sector show a Low Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price

Low Correlation 0.45

Related Stocks

Related Industrials sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker Name QoQ Growth Rate of
Seasonally Adjusted
Quarterly Revenue
YoY Growth Rate of
Seasonally Adjusted
Quarterly Revenue
AVAV
AeroVironment, Inc.
53.9%24.4%
FTAI
FTAI Aviation Ltd.
42.1%63.1%
VRT
Vertiv Holdings Co
34.3%12.6%
FERG
Ferguson plc
27.9%1.4%
BWXT
BWX Technologies, Inc.
19.4%11.2%
NVT
nVent Electric plc
18.3%9.6%
TTC
The Toro Company
18.3%210.1%
ALK
Alaska Air Group, Inc.
17.1%2.1%
IEP
Icahn Enterprises L.P.
16.4%-8.3%
RYAAY
Ryanair Holdings plc
16.2%-0.6%
GXO
GXO Logistics, Inc.
16.2%18.9%
CAE
CAE Inc.
15.9%14.9%
MLI
Mueller Industries, Inc.
14.1%11.2%
DAL
Delta Air Lines, Inc.
13.4%6.9%
TFII
TFI International Inc.
13.3%26.4%
CRS
Carpenter Technology Corporation
13.2%5.4%
LOAR
Loar Holdings Inc.
12.8%31.1%
AXON
Axon Enterprise, Inc.
12.4%34.6%
ERJ
Embraer S.A.
11.7%17.2%
ZWS
Zurn Elkay Water Solutions Corporation
11.5%2.2%
AWI
Armstrong World Industries, Inc.
11.3%12.2%
FER
Ferrovial SE
11.1%11.9%
AAON
AAON, Inc.
11.1%10.4%
UAL
United Airlines Holdings, Inc.
10.7%5.7%
PWR
Quanta Services, Inc.
9.9%10.8%
WSC
WillScot Mobile Mini Holdings Corp.
9.9%3.9%
OC
Owens Corning
9.7%8.8%
ARMK
Aramark
9.3%-7.9%
GD
General Dynamics Corporation
8.8%18%
FLR
Fluor Corporation
8.4%7.3%
GFL
GFL Environmental Inc.
8.3%6%
CSL
Carlisle Companies Incorporated
8.1%-4.9%
FIX
Comfort Systems USA, Inc.
8%39.6%
ATI
ATI Inc.
7.9%4.7%
AAL
American Airlines Group Inc.
7.7%2%
OSK
Oshkosh Corporation
7.4%21.4%
BAH
Booz Allen Hamilton Holding Corporation
7.4%10.8%
LPX
Louisiana-Pacific Corporation
6.6%33.2%
LUV
Southwest Airlines Co.
6.4%4.5%
EXPD
Expeditors International of Washington, Inc.
6.3%8.9%
CR
Crane Company
6.3%14.1%
MIDD
The Middleby Corporation
6%-4.7%
MSA
MSA Safety Incorporated
5.9%3.4%
GPN
Global Payments Inc.
5.9%4.7%
GGG
Graco Inc.
5.9%-1.1%
HWM
Howmet Aerospace Inc.
5.8%14.1%
EME
EMCOR Group, Inc.
5.8%20.4%
FSS
Federal Signal Corporation
5.7%10.8%
RTO
Rentokil Initial plc
5.6%72.2%
AZEK
The AZEK Company Inc.
5.6%12.1%
HEI
HEICO Corporation
5.5%37.3%
STN
Stantec Inc.
5.5%15.4%
TDG
TransDigm Group Incorporated
5.4%17.3%
FBHS
Fortune Brands Home & Security, Inc.
5.2%-38.6%
HII
Huntington Ingalls Industries, Inc.
5.1%6.8%
KNX
Knight-Swift Transportation Holdings Inc.
5%18.9%
CW
Curtiss-Wright Corporation
4.9%11.4%
PNR
Pentair plc
4.7%1.6%
TXT
Textron Inc.
4.6%3%
PSN
Parsons Corporation
4.4%23.1%
TTEK
Tetra Tech, Inc.
4.3%11.2%
CLH
Clean Harbors, Inc.
4.2%11.1%
CMI
Cummins Inc.
4.2%1.8%
AVY
Avery Dennison Corporation
4%6.9%
ACM
AECOM
3.9%13.3%
DRS
Leonardo DRS, Inc.
3.8%19.9%
ETN
Eaton Corporation plc
3.8%8.3%
BLD
TopBuild Corp.
3.5%1.1%
ADP
Automatic Data Processing, Inc.
3.1%6.5%
WCN
Waste Connections, Inc.
3%11.2%
URI
United Rentals, Inc.
3%6.2%
LECO
Lincoln Electric Holdings, Inc.
2.8%-3.7%
WAB
Westinghouse Air Brake Technologies Corporation
2.7%9.8%
VRSK
Verisk Analytics, Inc.
2.6%6.2%
ROP
Roper Technologies, Inc.
2.6%12.1%
AQUA
Evoqua Water Technologies Corp.
2.5%12%
WWD
Woodward, Inc.
2.5%5.9%
AOS
A. O. Smith Corporation
2.5%6.6%
SAIA
Saia, Inc.
2.5%18.5%
EFX
Equifax Inc.
2.3%8.6%
PH
Parker-Hannifin Corporation
2.2%1.8%
RBC
RBC Bearings Incorporated
2.2%5%
R
Ryder System, Inc.
2.2%10.3%
PCAR
PACCAR Inc
2.2%-1.2%
DOV
Dover Corporation
1.9%3.7%
LII
Lennox International Inc.
1.9%2.8%
ALLE
Allegion plc
1.8%5.8%
VLTO
Veralto Corporation
1.7%2.8%
HON
Honeywell International Inc.
1.7%4.7%
SPXC
SPX Technologies, Inc.
1.7%18.4%
BZ
Kanzhun Limited
1.6%28.8%
KEX
Kirby Corporation
1.6%6.1%
TRU
TransUnion
1.6%7.5%
ITW
Illinois Tool Works Inc.
1.6%-1.2%
VMI
Valmont Industries, Inc.
1.6%-0.6%
ULS
UL Solutions Inc.
1.5%6%
AIT
Applied Industrial Technologies, Inc.
1.1%0.2%
BA
The Boeing Company
1.1%-14.6%
IBP
Installed Building Products, Inc.
1.1%6.6%
FCN
FTI Consulting, Inc.
1%9.8%
RSG
Republic Services, Inc.
1%8.6%
GNRC
Generac Holdings Inc.
1%-0.2%
KBR
KBR, Inc.
0.9%5.8%
SRCL
Stericycle, Inc.
0.8%-1.2%
GWW
W.W. Grainger, Inc.
0.8%3.1%
BLDR
Builders FirstSource, Inc.
0.8%-1.6%
FDX
FedEx Corporation
0.6%0.8%
ITT
ITT Inc.
0.6%8.6%
TT
Trane Technologies plc
0.6%12.8%
RHI
Robert Half International Inc.
0.6%-10.2%
NOC
Northrop Grumman Corporation
0.5%6.7%
CTAS
Cintas Corporation
0.5%8.2%
NSC
Norfolk Southern Corporation
0.4%2.1%
CAT
Caterpillar Inc.
0.3%-3.6%
ESAB
ESAB Corporation
0.2%-1.9%
ESLT
Elbit Systems Ltd.
-10.3%
LSTR
Landstar System, Inc.
--10.8%
APG
APi Group Corporation
--2.3%
XPO
XPO Logistics, Inc.
-8.5%
DY
Dycom Industries, Inc.
-15.5%
WM
Waste Management, Inc.
-0.1%5.5%
FBIN
Fortune Brands Innovations, Inc.
-0.1%6.6%
TKR
The Timken Company
-0.1%-7.1%
XYL
Xylem Inc.
-0.1%26%
CSX
CSX Corporation
-0.3%0.1%
SNA
Snap-on Incorporated
-0.3%7.4%
AER
AerCap Holdings N.V.
-0.4%-1.9%
MOG-A
Moog Inc.
-0.4%6.4%
UNP
Union Pacific Corporation
-0.4%0.7%
JCI
Johnson Controls International plc
-0.5%1.4%
ADT
ADT Inc.
-0.5%-24.4%
AME
AMETEK, Inc.
-0.7%5.4%
CWST
Casella Waste Systems, Inc.
-0.7%30.2%
UHAL
U-Haul Holding Company
-0.7%0.5%
OTIS
Otis Worldwide Corporation
-0.7%-3.2%
EXPO
Exponent, Inc.
-1%0.2%
CNM
Core & Main, Inc.
-1%5.5%
UPS
United Parcel Service, Inc.
-1%-1.3%
IEX
IDEX Corporation
-1.1%-4.6%
CP
Canadian Pacific Railway Limited
-1.3%13.5%
AYI
Acuity Brands, Inc.
-1.3%-3.2%
FLS
Flowserve Corporation
-1.3%7.1%
PAYX
Paychex, Inc.
-1.3%5.3%
DCI
Donaldson Company, Inc.
-1.4%6.4%
J
Jacobs Engineering Group Inc.
-1.5%1.1%
CSWI
CSW Industrials, Inc.
-1.5%11.2%
CARR
Carrier Global Corporation
-1.6%11.6%
LMT
Lockheed Martin Corporation
-1.7%8.6%
WTS
Watts Water Technologies, Inc.
-1.8%12.1%
LHX
L3Harris Technologies, Inc.
-2%12.9%
RTX
RTX Corporation
-2%7.7%
ODFL
Old Dominion Freight Line, Inc.
-2%6.1%
HUBB
Hubbell Incorporated
-2.1%6.3%
SSD
Simpson Manufacturing Co., Inc.
-2.2%-0.1%
CHRW
C.H. Robinson Worldwide, Inc.
-2.2%1.4%
IR
Ingersoll Rand Inc.
-2.3%7%
FAST
Fastenal Company
-2.3%1.8%
ABB
ABB Ltd
-2.3%12.6%
SWK
Stanley Black & Decker, Inc.
-2.4%-3.2%
WCC
WESCO International, Inc.
-2.4%-4.6%
BECN
Beacon Roofing Supply, Inc.
-2.6%10.4%
MAS
Masco Corporation
-2.7%-1.7%
ROK
Rockwell Automation, Inc.
-3%-8.4%
LTM
LATAM Airlines Group S.A.
-3.2%11.5%
WSO
Watsco, Inc.
-3.4%6.8%
IAA
IAA, Inc.
-3.5%-4.5%
JBHT
J.B. Hunt Transport Services, Inc.
-3.7%-6.5%
ZTO
ZTO Express (Cayman) Inc.
-4.1%10.1%
NDSN
Nordson Corporation
-4.2%2%
MMS
Maximus, Inc.
-4.3%10.6%
CNH
CNH Industrial NV
-4.3%-16.4%
RRX
Regal Rexnord Corporation
-4.5%-12.5%
EMR
Emerson Electric Co.
-4.8%11%
ASR
Grupo Aeroportuario del Sureste, S. A. B. de C. V.
-5.4%20.1%
CNHI
CNH Industrial N.V.
-5.5%-9.8%
TRI
Thomson Reuters Corporation
-5.5%5.6%
MTZ
MasTec, Inc.
-5.7%3%
PAC
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
-6%-13.2%
DE
Deere & Company
-6%-15.3%
AGCO
AGCO Corporation
-6.3%-15.1%
SITE
SiteOne Landscape Supply, Inc.
-6.9%4.4%
POOL
Pool Corporation
-7.1%-4.7%
WMS
Advanced Drainage Systems, Inc.
-12.3%4.8%
TREX
Trex Company, Inc.
-12.4%5.6%
RBA
Ritchie Bros. Auctioneers Incorporated
-18.8%-1%
MDU
MDU Resources Group, Inc.
-19.6%-4%
MMM
3M Company
-22.1%-24.9%
CNI
Canadian National Railway Company
-26%6.7%
GE
General Electric Company
-44.4%3.9%
CEA
China Eastern Airlines Corporation Limited
-55.3%-68.9%

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.

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