HUBB · Hubbell Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $5.84B | $5.63B | $5.37B | $4.95B | $4.19B | $4.19B |
| Cost of Revenue | $3.78B | $3.72B | $3.48B | $3.48B | $3.04B | $2.98B |
| Gross Profit | $2.06B | $1.90B | $1.89B | $1.47B | $1.15B | $1.21B |
| R&D | - | - | - | - | - | - |
| SG&A | $855.30M | $812.50M | $849.60M | $762.50M | $619.20M | $676.30M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $206.10M | $212.10M | $149.70M | $148.50M | $149.10M | $157.60M |
| Operating Income | $1.21B | $1.09B | $1.04B | $709.10M | $532.30M | $533.00M |
| Interest Expense | - | - | - | - | - | $60.30M |
| Income Tax | $227.20M | $221.80M | $217.30M | $140.20M | $88.20M | $97.50M |
| Net Income | $887.10M | $777.80M | $759.80M | $545.90M | $399.50M | $351.20M |
| EPS - Basic | $16.63 | $14.46 | $14.14 | $10.13 | $7.33 | $6.46 |
| EPS - Diluted | $16.54 | $14.37 | $14.05 | $10.07 | $7.28 | $6.43 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $482.50M | $329.10M | $336.10M | $440.50M | $286.20M | $259.60M |
| Accounts Receivable | $856.90M | $756.00M | $785.40M | $741.60M | $675.30M | $634.70M |
| Inventory | $1.08B | $841.80M | $832.90M | $740.70M | $662.10M | $607.30M |
| Accounts Payable | $570.50M | $541.70M | $563.50M | $529.90M | $532.80M | $378.00M |
| Current Assets | $2.59B | $2.09B | $2.17B | $2.02B | $1.88B | $1.59B |
| Total Assets | $8.23B | $6.68B | $6.91B | $5.40B | $5.28B | $5.09B |
| Current Liabilities | $1.51B | $1.27B | $1.32B | $1.09B | $1.07B | $948.20M |
| Long-term Debt | $2.04B | $1.44B | $2.02B | $1.44B | $1.44B | $1.44B |
| Total Liabilities | $4.37B | $3.40B | $4.02B | $3.03B | $3.04B | $3.00B |
| Stockholders' Equity | $3.85B | $3.27B | $2.88B | $2.36B | $2.23B | $2.07B |
| Retained Earnings | $4.16B | $3.65B | $3.18B | $2.71B | $2.56B | $2.39B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $991.20M | $991.20M | $880.80M | $636.20M | $602.90M | $648.00M |
| Investing Cash Flow | ($59.10M) | ($59.10M) | ($1.38B) | $18.10M | ($323.30M) | ($328.80M) |
| Financing Cash Flow | $203.60M | ($923.40M) | $388.50M | ($437.10M) | ($433.00M) | ($244.20M) |
| CapEx | $155.10M | $180.40M | $165.70M | $129.30M | $90.20M | $88.40M |
| Free Cash Flow | $836.10M | $810.80M | $715.10M | $506.90M | $512.70M | $559.60M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 35.3% | 33.8% | 35.1% | 29.7% | 27.5% | 28.9% |
| Operating margin | 20.7% | 19.4% | 19.3% | 14.3% | 12.7% | 12.7% |
| EBITDA margin | 24.2% | 23.2% | 22.1% | 17.3% | 16.2% | 16.5% |
| Net margin | 15.2% | 13.8% | 14.1% | 11.0% | 9.5% | 8.4% |
| Free cash flow margin | 14.3% | 14.4% | 13.3% | 10.2% | 12.2% | 13.4% |
| FCF / Net income | 0.94 | 1.04 | 0.94 | 0.93 | 1.28 | 1.59 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 14.6% | 14.4% | 15.8% | 15.4% | 14.8% | 16.2% |
| Effective tax rate | 20.4% | 22.2% | 22.2% | 20.4% | 18.1% | 21.7% |
| Return on assets | 10.8% | 11.6% | 11.0% | 10.1% | 7.6% | 6.9% |
| Return on equity | 23.1% | 23.8% | 26.4% | 23.1% | 17.9% | 17.0% |
| Return on invested capital | 16.4% | 18.0% | 16.5% | 14.9% | 11.9% | 11.9% |
| Liquidity | ||||||
| Current ratio | 1.72 | 1.64 | 1.64 | 1.86 | 1.76 | 1.67 |
| Quick ratio | 1.00 | 0.98 | 1.01 | 1.18 | 1.14 | 1.03 |
| Cash ratio | 0.32 | 0.26 | 0.25 | 0.40 | 0.27 | 0.27 |
| Leverage | ||||||
| Debt / Equity | 0.53 | 0.44 | 0.70 | 0.61 | 0.64 | 0.69 |
| Debt / Assets | 0.25 | 0.22 | 0.29 | 0.27 | 0.27 | 0.28 |
| Debt / EBITDA | 1.44 | 1.11 | 1.70 | 1.68 | 2.11 | 2.08 |
| Interest coverage | - | - | - | - | - | 8.8x |
| Equity multiplier | 2.14 | 2.04 | 2.40 | 2.29 | 2.37 | 2.46 |
| Liabilities / Assets | 0.53 | 0.51 | 0.58 | 0.56 | 0.58 | 0.59 |
| Efficiency | ||||||
| Asset turnover | 0.71 | 0.84 | 0.78 | 0.92 | 0.79 | 0.82 |
| Inventory turnover | 3.49 | 4.42 | 4.18 | 4.69 | 4.60 | 4.90 |
| Days sales outstanding | 54d | 49d | 53d | 55d | 59d | 55d |
| Days inventory outstanding | 105d | 82d | 87d | 78d | 79d | 74d |
| Days payable outstanding | 55d | 53d | 59d | 56d | 64d | 46d |
| Cash conversion cycle | 103d | 78d | 82d | 77d | 74d | 83d |
| Valuation | ||||||
| P / E | 26.9x | 29.2x | 23.4x | 23.3x | 28.6x | 24.4x |
| P / B | 6.2x | 6.9x | 6.2x | 5.4x | 5.1x | 4.1x |
| P / S | 4.1x | 4.0x | 3.3x | 2.6x | 2.7x | 2.0x |
| EV / EBITDA | 17.9x | 18.2x | 16.4x | 16.0x | 18.4x | 14.1x |
| Growth | ||||||
| Revenue growth (YoY) | 3.8% | 4.8% | 8.6% | 18.0% | 0.2% | -8.8% |
| Revenue CAGR (3y) | 5.7% | 10.3% | 8.7% | 2.5% | 6.2% | 4.5% |
| Revenue CAGR (5y) | 6.9% | 4.2% | 8.9% | 6.2% | 3.7% | 4.3% |
| Gross profit growth (YoY) | 8.4% | 0.8% | 28.3% | 27.8% | -4.8% | -10.6% |
| Operating income growth (YoY) | 10.7% | 5.1% | 46.5% | 33.2% | -0.1% | -10.7% |
| Net income growth (YoY) | 14.1% | 2.4% | 39.2% | 36.6% | 13.8% | -12.4% |
| EPS growth (YoY) | 15.1% | 2.3% | 39.5% | 38.3% | 13.2% | -12.0% |
| EPS CAGR (3y) | 18.0% | 25.4% | 29.8% | 11.3% | 3.6% | 13.6% |
| EPS CAGR (5y) | 20.8% | 14.5% | 16.5% | 18.1% | 6.8% | 6.2% |
| FCF growth (YoY) | 3.1% | 13.4% | 41.1% | -1.1% | -8.4% | 12.4% |
| FCF CAGR (5y) | 8.4% | 10.3% | 11.2% | 11.1% | 9.1% | 12.9% |
| Book value growth (YoY) | 17.7% | 13.6% | 21.9% | 5.9% | 7.7% | 6.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.84B totalUtility Solutions Segment$3.67B · 62.8%
Electrical Segment$2.17B · 37.2%
Product / service
$5.84B totalGrid Infrastructure$2.75B · 47.0%
Industrial$1.29B · 22.0%
Grid Automation$924.10M · 15.8%
Electrical Products$885.20M · 15.1%
Geographic
$3.67B totalUS$3.52B · 95.8%
Non Us$153.40M · 4.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.06
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Electronic Components & Accessories
Comparing HUBBELL INC against the 5 most active filers in the same SIC group.
Dividends
$5.58/share trailing 12 months · +7.7% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $1.4200 |
| Feb 27, 2026 | $1.4200 |
| Nov 28, 2025 | $1.4200 |
| Aug 29, 2025 | $1.3200 |
| May 30, 2025 | $1.3200 |
| Feb 28, 2025 | $1.3200 |
| Nov 29, 2024 | $1.3200 |
| Aug 30, 2024 | $1.2200 |
| May 31, 2024 | $1.2200 |
| Feb 28, 2024 | $1.2200 |
| Nov 29, 2023 | $1.2200 |
| Aug 30, 2023 | $1.1200 |
| May 30, 2023 | $1.1200 |
| Feb 27, 2023 | $1.1200 |
| Nov 29, 2022 | $1.1200 |
| Aug 30, 2022 | $1.0500 |
| May 27, 2022 | $1.0500 |
| Feb 25, 2022 | $1.0500 |
| Nov 29, 2021 | $1.0500 |
| Aug 30, 2021 | $0.9800 |
| May 27, 2021 | $0.9800 |
| Feb 25, 2021 | $0.9800 |
| Nov 27, 2020 | $0.9800 |
| Aug 28, 2020 | $0.9100 |