| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.63B | $5.37B | $4.95B | $4.19B | $3.68B | $3.95B | $4.48B | $3.67B |
| Cost of Revenue | $3.72B | $3.48B | $3.48B | $3.04B | $2.60B | $2.77B | $3.18B | $2.51B |
| Gross Profit | $1.90B | $1.89B | $1.47B | $1.15B | $1.09B | $1.17B | $1.30B | $1.16B |
| Gross Margin | 33.83% | 35.14% | 29.74% | 27.46% | 29.49% | 29.69% | 29.02% | 31.48% |
| Operating Expenses | $812.50M | $849.60M | $762.50M | $619.20M | $591.30M | $644.90M | $743.50M | $636.30M |
| Operating Income | $1.09B | $1.04B | $709.10M | $532.30M | $494.50M | $526.70M | $556.90M | $518.80M |
| Operating Margin | 19.39% | 19.33% | 14.33% | 12.69% | 13.43% | 13.35% | 12.43% | 14.14% |
| Net Income | $777.80M | $759.80M | $545.90M | $399.50M | $351.20M | $361.50M | $360.20M | $243.10M |
| Net Margin | 13.82% | 14.14% | 11.03% | 9.53% | 9.54% | 9.16% | 8.04% | 6.63% |
| EPS (Basic) | $14.46 | $14.14 | $9.49 | $7.34 | $6.46 | $7.34 | $6.60 | $4.42 |
| EBITDA | $1.29B | $1.17B | $855.10M | $663.10M | $629.10M | $675.70M | $687.80M | $586.20M |
| Stock Option Compensation Expense | $30.60M | $26.50M | $24.50M | $17.50M | $21.90M | $16.40M | $24.20M | $22.30M |
| Price To Earnings Ratio | 29.08 | 23.20 | 23.09 | 28.31 | 24.20 | 22.24 | 15.06 | 30.51 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $22.62B | $17.63B | $12.60B | $11.31B | $8.50B | $8.04B | $5.42B | $7.42B |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $6.68B | $6.91B | $5.40B | $5.28B | $5.09B | $4.90B | $4.87B | $3.72B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.40B | $4.02B | $3.03B | $3.04B | $3.00B | $2.94B | $3.07B | $2.07B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $3.27B | $2.88B | $2.36B | $2.23B | $2.07B | $1.95B | $1.78B | $1.63B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $3.27B | $2.88B | $2.36B | $2.23B | $2.07B | $1.95B | $1.78B | $1.63B |
| Total Liabilities & Stockholders Equity | $6.68B | $6.91B | $5.40B | $5.28B | $5.09B | $4.90B | $4.87B | $3.72B |
| Book Value Per Share | $60.79 | $53.90 | $44.15 | $41.27 | $38.48 | $36.04 | $32.95 | $30.07 |
| Tangible Book Value Per Share | $-5.52 | $-15.67 | $-5.02 | $-5.75 | $-10.30 | $-11.63 | $-14.74 | $1.80 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 11.65% | 10.99% | 10.10% | 7.56% | 6.91% | 7.37% | 7.39% | 6.53% |
| Return on Equity | 23.80% | 26.41% | 23.12% | 17.92% | 16.97% | 18.57% | 20.23% | 14.88% |
| Return on Invested Capital | 15.29% | 14.10% | 12.82% | 10.11% | 9.02% | 9.95% | 10.68% | 9.49% |
| Quick Ratio | 0.98 | 1.01 | 1.18 | 1.14 | 1.12 | 1.11 | 1.18 | 1.37 |
| Current Ratio | 1.64 | 1.64 | 1.86 | 1.76 | 1.67 | 1.86 | 1.96 | 2.27 |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $777.80M | $759.80M | $545.90M | $399.50M | $351.20M | $361.50M | $360.20M | $243.10M |
| Depreciation | $212.10M | $149.70M | $148.50M | $149.10M | $144.50M | $137.90M | $148.40M | $98.20M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $991.20M | $880.80M | $583.20M | $543.80M | $648.00M | $591.60M | $517.10M | $379.00M |
| Capital Expenditures | $180.40M | $165.70M | $129.30M | $90.20M | $88.40M | $93.90M | $96.20M | $79.70M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $267.30M | $245.50M | $229.60M | $216.90M | $201.40M | $186.60M | $172.30M | $157.60M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $40.00M | $30.00M | $182.00M | $11.20M | $41.30M | $35.00M | $40.00M | $92.50M |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $810.80M | $715.10M | $453.90M | $453.60M | $559.60M | $497.70M | $420.90M | $299.30M |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
Hubbell, Inc. engages in the designing, manufacturing, and sale of electrical and electronic products for non-residential and residential construction, industrial, and utility applications. It operates through the Electrical Solutions and Utility Solutions segments. The Electrical Solutions segment manufactures and sells wiring and electrical, lighting fixtures, and controls for indoor and outdoor applications as well as specialty lighting and communications products. The Utility Solutions segment is involved in the design, manufacture, and sale of electrical distribution, transmission, substation, and telecommunications products. The company was founded by Harvey Hubbell II in 1888 and is headquartered in Shelton, CT.
Why it moved over time
Hubbell reported Q2 adjusted EPS of $5.52, topped estimates and raised its full-year outlook after closing the NSI acquisition, signaling stronger sales and profit momentum in utility and data-center markets.
Key fact: Q2 adjusted diluted EPS $5.52, beating consensus estimates (company cited 15% net sales growth: organic 10% and M&A 5%).
seekingalpha.com: Hubbell Incorporated (HUBB) Q2 2026 Earnings Call Transcript