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Hub Group (HUBG) Financials

$31.65 +0.36 (+1.15%)

Closing price 05/7/2025 04:00 PM Eastern

Extended Trading

$31.66 +0.01 (+0.03%)

As of 05/7/2025 05:52 PM Eastern

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Annual Income Statements for Hub Group

This table shows Hub Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	71	75	135	202	107	74	171	357	168	104
Consolidated Net Income / (Loss)	71	75	135	202	107	74	171	357	168	104
Net Income / (Loss) Continuing Operations	71	58	120	88	0.00	0.00	171	357	168	104
Total Pre-Tax Income	112	94	67	117	144	96	231	468	209	133
Total Operating Income	117	97	73	125	152	106	238	475	212	140
Total Gross Profit	254	165	162	223	521	425	3,642	4,797	3,649	3,369
Total Revenue	3,526	2,750	3,123	3,684	3,668	3,496	4,232	5,340	4,203	3,946
Operating Revenue	3,526	2,750	3,123	3,684	3,668	3,496	4,232	5,340	4,203	3,946
Total Cost of Revenue	3,272	2,585	2,961	3,461	3,383	3,070	590	543	553	577
Operating Cost of Revenue	3,272	2,585	2,961	3,461	3,383	3,070	590	543	553	577
Total Operating Expenses	137	69	89	98	133	320	3,404	4,323	3,437	3,229
Selling, General & Admin Expense	129	61	77	81	104	288	90	121	106	114
Marketing Expense	-	-	-	-	-	-	44	58	49	44
Depreciation Expense	7.99	7.71	12	17	28	31	116	132	144	141
Other Operating Expenses / (Income)	-	-	-	-	-	-	3,172	4,037	3,146	2,931
Other Special Charges / (Income)	-	-	-	-	-	-	-19	-24	-6.84	-1.27
Total Other Income / (Expense), net	-5.45	-2.53	-5.74	-8.19	-8.55	-9.73	-7.55	-6.76	-3.03	-7.75
Interest Expense	2.97	3.63	6.75	9.61	11	9.34	7.31	7.51	13	14
Interest & Investment Income	0.08	0.35	0.35	1.36	2.10	0.00	0.01	0.87	10	6.89
Other Income / (Expense), net	-2.56	0.75	0.67	0.06	0.34	-0.38	-0.25	-0.13	0.40	-0.17
Income Tax Expense	41	36	-53	29	37	23	59	111	42	29
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	-	0.00	0.00	0.05
Basic Earnings per Share	$1.98	$2.21	$4.07	$6.04	$3.22	$2.22	$2.56	$5.37	$2.65	$1.72
Weighted Average Basic Shares Outstanding	35.88M	33.84M	33.22M	33.39M	33.28M	33.18M	66.87M	66.42M	63.32M	60.62M
Diluted Earnings per Share	$1.97	$2.20	$4.05	$6.01	$3.20	$2.19	$2.53	$5.32	$2.62	$1.70
Weighted Average Diluted Shares Outstanding	35.97M	33.95M	33.35M	33.56M	33.48M	33.54M	67.78M	67.12M	63.95M	61.10M
Weighted Average Basic & Diluted Shares Outstanding	35.80M	33.80M	33.20M	33.40M	34.25M	34.43M	34.69M	33.38M	62.83M	61.50M

This table shows Hub Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	87	79	62	47	30	29	27	29	24	24
Consolidated Net Income / (Loss)	87	79	62	47	30	29	27	29	24	24
Net Income / (Loss) Continuing Operations	87	79	62	47	30	29	27	29	24	24
Total Pre-Tax Income	115	103	77	61	42	30	34	38	31	30
Total Operating Income	118	104	78	62	43	29	37	40	32	32
Total Gross Profit	1,218	1,138	1,015	899	886	849	855	845	844	825
Total Revenue	1,355	1,286	1,152	1,040	1,025	985	999	986	987	974
Operating Revenue	1,355	1,286	1,152	1,040	1,025	985	999	986	987	974
Total Cost of Revenue	138	147	137	142	139	136	144	142	143	148
Operating Cost of Revenue	138	147	137	142	139	136	144	142	143	148
Total Operating Expenses	1,100	1,034	937	837	844	820	818	805	812	794
Selling, General & Admin Expense	34	27	26	27	24	29	27	28	30	29
Marketing Expense	18	21	13	12	12	13	13	13	10	8.71
Depreciation Expense	34	35	35	35	36	37	38	38	32	33
Other Operating Expenses / (Income)	1,023	955	867	764	773	742	740	727	740	723
Other Special Charges / (Income)	-8.59	-3.08	-3.98	-0.86	-0.77	-1.24	-0.50	-0.41	-0.43	0.06
Total Other Income / (Expense), net	-2.53	-1.07	-1.56	-0.96	-0.89	0.38	-2.68	-1.95	-1.36	-1.77
Interest Expense	2.19	2.21	2.97	3.12	3.54	3.81	3.90	3.69	3.58	3.29
Interest & Investment Income	0.04	0.83	1.38	2.09	2.84	3.71	1.39	1.81	2.25	1.44
Other Income / (Expense), net	-0.38	0.32	0.04	0.07	-0.19	0.48	-0.17	-0.07	-0.02	0.09
Income Tax Expense	28	24	15	15	11	0.99	7.41	8.57	7.14	5.39
Basic Earnings per Share	$2.63	$1.19	$0.95	$0.73	$0.49	$0.45	$0.44	$0.48	$0.39	$0.40
Weighted Average Basic Shares Outstanding	33.15M	66.42M	65.10M	64.07M	62.28M	63.32M	61.33M	60.71M	60.37M	60.62M
Diluted Earnings per Share	$2.61	$1.19	$0.94	$0.72	$0.48	$0.45	$0.44	$0.47	$0.39	$0.40
Weighted Average Diluted Shares Outstanding	33.52M	67.12M	65.68M	64.59M	62.99M	63.95M	61.67M	61.11M	60.95M	61.10M
Basic & Diluted Earnings per Share	-	$1.19	-	-	-	$0.45	-	-	-	$0.40
Weighted Average Basic & Diluted Shares Outstanding	33.23M	33.38M	33.35M	31.99M	574.90K	62.83M	62.32M	62.17M	61.36M	61.50M
Cash Dividends to Common per Share	-	-	-	-	-	-	-	-	-	$0.14

This table details how cash moves in and out of Hub Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	98	-80	-99	33	107	-44	35	127	-99	-60
Net Cash From Operating Activities	172	102	125	211	255	175	253	458	422	194
Net Cash From Continuing Operating Activities	172	102	125	211	255	175	254	458	425	194
Net Income / (Loss) Continuing Operations	71	75	135	202	107	74	171	357	168	104
Consolidated Net Income / (Loss)	71	75	135	202	107	74	171	357	168	104
Depreciation Expense	37	45	62	84	117	124	131	154	184	193
Non-Cash Adjustments To Reconcile Net Income	8.46	7.40	7.01	-125	12	24	0.88	8.32	17	17
Changes in Operating Assets and Liabilities, net	55	-24	-79	50	18	-46	-49	-61	56	-119
Net Cash From Investing Activities	-81	-105	-235	-209	-66	-197	-210	-279	-373	-53
Net Cash From Continuing Investing Activities	-81	-105	-235	-209	-66	-197	-211	-279	-376	-53
Purchase of Property, Plant & Equipment	-83	-107	-75	-200	-95	-115	-133	-219	-140	-51
Acquisitions	-	-	-166	-249	-0.73	-85	-122	-103	-261	-15
Sale of Property, Plant & Equipment	2.31	2.06	5.33	11	10	3.29	45	43	28	12
Net Cash From Financing Activities	7.15	-77	11	32	-81	-22	-7.41	-52	-148	-201
Net Cash From Continuing Financing Activities	7.15	-77	11	32	-81	-22	-7.41	-52	-148	-201
Repayment of Debt	-26	-37	-81	-133	-106	-199	-108	-111	-106	-107
Repurchase of Common Equity	-29	-100	-	0.00	-25	0.00	0.00	-75	-144	-68
Payment of Dividends	-	-	-	-	-	-	-	0.00	0.00	-31
Issuance of Debt	64	62	99	172	56	187	112	179	114	18
Other Financing Activities, net	-2.72	-2.12	-6.21	-7.16	-6.94	-11	-12	-45	-13	-12
Effect of Exchange Rate Changes	-0.13	-0.11	0.01	-0.03	-0.00	-0.02	-	0.03	-	-0.09
Cash Interest Paid	2.98	3.67	6.16	9.68	11	9.46	7.60	7.99	13	15
Cash Income Taxes Paid	6.99	33	13	14	40	18	59	129	35	38

This table details how cash moves in and out of Hub Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-87	75	56	-0.14	58	-213	8.09	25	-34	-59
Net Cash From Operating Activities	150	108	89	132	101	99	81	70	43	0.60
Net Cash From Continuing Operating Activities	150	108	89	132	101	102	81	70	43	0.60
Net Income / (Loss) Continuing Operations	87	79	62	47	30	29	27	29	24	24
Consolidated Net Income / (Loss)	87	79	62	47	30	29	27	29	24	24
Depreciation Expense	39	42	46	46	45	48	50	49	46	47
Non-Cash Adjustments To Reconcile Net Income	3.68	1.71	0.14	5.46	5.10	5.83	3.91	4.33	4.54	4.23
Changes in Operating Assets and Liabilities, net	19	-16	-18	34	20	20	-0.05	-13	-31	-75
Net Cash From Investing Activities	-159	-53	-17	-34	-35	-288	-14	-7.72	-7.92	-24
Net Cash From Continuing Investing Activities	-159	-53	-17	-34	-35	-291	-14	-7.72	-7.92	-24
Purchase of Property, Plant & Equipment	-72	-61	-27	-39	-40	-34	-18	-14	-12	-7.63
Acquisitions	-103	-	0.11	-	-	-261	0.00	3.70	-	-18
Sale of Property, Plant & Equipment	15	8.94	10	4.96	5.07	7.51	3.44	2.31	4.04	2.37
Net Cash From Financing Activities	-77	20	-17	-98	-8.06	-25	-58	-37	-70	-36
Net Cash From Continuing Financing Activities	-77	20	-17	-98	-8.06	-25	-58	-37	-70	-36
Repayment of Debt	-28	-30	-29	-27	-25	-25	-27	-26	-28	-26
Payment of Dividends	-	-	0.00	-	-	-	-7.63	-7.60	-7.50	-8.60
Other Financing Activities, net	-35	-3.05	-8.49	-0.83	-0.78	-2.76	-9.09	-0.79	-0.72	-1.88
Effect of Exchange Rate Changes	0.00	0.01	0.02	0.03	-0.02	-	0.00	-0.02	-0.01	-0.06
Cash Interest Paid	2.13	2.15	3.32	3.37	2.86	2.96	3.98	3.43	3.89	3.30
Cash Income Taxes Paid	38	33	1.29	13	8.85	12	-1.44	22	7.72	9.79

This table presents Hub Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,301	1,360	1,671	1,925	1,992	2,105	2,437	2,810	2,936	2,868
Total Current Assets	625	622	656	589	640	673	894	1,057	849	768
Cash & Equivalents	208	127	29	61	169	125	160	287	187	98
Restricted Cash	-	-	-	-	-	-	-	-	0.00	29
Accounts Receivable	390	478	430	499	447	520	705	720	604	592
Prepaid Expenses	18	17	25	28	24	27	28	33	41	34
Current Deferred & Refundable Income Taxes	8.77	0.29	12	0.62	0.63	1.34	2.19	17	17	15
Plant, Property, & Equipment, net	375	439	561	682	663	671	681	784	792	740
Total Noncurrent Assets	302	299	454	654	688	761	862	970	1,295	1,360
Long-Term Investments	21	21	20	19	23	23	24	18	21	22
Noncurrent Note & Lease Receivables	-	-	-	-	5.87	3.56	1.25	1.19	2.52	1.06
Goodwill	263	262	319	484	484	509	577	629	734	814
Intangible Assets	13	12	65	135	121	164	197	197	305	267
Other Noncurrent Operating Assets	4.85	4.28	5.49	17	54	62	62	124	234	256
Total Liabilities & Shareholders' Equity	1,301	1,360	1,671	1,925	1,992	2,105	2,437	2,810	2,936	2,868
Total Liabilities	653	732	901	944	916	947	1,097	1,210	1,301	1,176
Total Current Liabilities	359	418	520	527	507	529	687	692	658	579
Short-Term Debt	35	48	80	102	95	94	97	102	105	100
Accounts Payable	252	288	252	284	269	298	437	360	364	309
Accrued Expenses	39	46	54	83	87	103	83	132	121	91
Current Employee Benefit Liabilities	33	36	27	56	46	23	57	67	22	33
Other Current Liabilities	-	-	-	2.85	12	12	13	31	46	46
Total Noncurrent Liabilities	295	314	382	417	409	418	410	519	643	597
Long-Term Debt	101	116	215	229	187	177	177	241	246	164
Capital Lease Obligations	13	11	7.70	-	1.82	0.01	35	0.00	179	198
Noncurrent Deferred & Payable Income Tax Liabilities	160	165	121	154	155	162	156	156	164	153
Other Noncurrent Operating Liabilities	20	24	34	34	65	79	42	122	55	82
Total Equity & Noncontrolling Interests	648	628	770	981	1,075	1,188	1,340	1,600	1,635	1,692
Total Preferred & Common Equity	648	628	770	981	1,075	1,158	1,340	1,600	1,635	1,645
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	648	628	769	980	1,075	1,188	1,340	1,600	1,635	1,645
Common Stock	175	174	173	172	180	186	190	209	211	223
Retained Earnings	661	736	871	1,072	1,180	1,253	1,425	1,782	1,949	2,022
Treasury Stock	-172	-266	-259	-249	-269	-266	-258	-375	-525	-599
Accumulated Other Comprehensive Income / (Loss)	-0.18	-0.27	-0.19	-0.18	-0.19	-0.19	-0.21	-0.21	-0.13	-1.45
Noncontrolling Interest	-	-	-	-	-	-	-	-	0.00	47

This table presents Hub Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	2,753	2,888	2,800	2,918	2,891	2,859	2,833
Total Current Assets	1,023	1,072	990	1,083	828	837	805
Cash & Equivalents	212	343	342	401	195	220	186
Accounts Receivable	785	701	617	636	589	588	582
Prepaid Expenses	23	19	15	27	29	16	26
Current Deferred & Refundable Income Taxes	3.60	9.38	15	19	10	13	11
Plant, Property, & Equipment, net	756	777	783	790	777	760	742
Total Noncurrent Assets	974	1,039	1,027	1,045	1,286	1,262	1,286
Long-Term Investments	17	19	20	20	20	21	21
Noncurrent Note & Lease Receivables	1.71	4.36	3.74	3.14	2.15	1.54	1.23
Goodwill	628	629	629	630	735	772	773
Intangible Assets	205	190	184	177	296	248	240
Other Noncurrent Operating Assets	123	196	190	216	232	219	251
Total Liabilities & Shareholders' Equity	2,753	2,888	2,800	2,918	2,891	2,859	2,833
Total Liabilities	1,235	1,229	1,189	1,289	1,269	1,218	1,207
Total Current Liabilities	741	638	594	656	649	635	618
Short-Term Debt	102	98	98	103	104	103	100
Accounts Payable	428	343	305	361	339	350	334
Accrued Expenses	113	131	129	125	126	112	106
Current Employee Benefit Liabilities	68	29	23	26	32	29	34
Other Current Liabilities	29	38	38	42	47	41	44
Total Noncurrent Liabilities	495	591	596	633	620	582	589
Long-Term Debt	218	236	238	244	231	210	187
Capital Lease Obligations	80	148	143	1.00	0.82	164	194
Noncurrent Deferred & Payable Income Tax Liabilities	152	160	166	174	160	155	152
Other Noncurrent Operating Liabilities	45	48	49	214	228	53	55
Total Equity & Noncontrolling Interests	1,517	1,659	1,611	1,629	1,622	1,641	1,626
Total Preferred & Common Equity	1,517	1,659	1,611	1,629	1,622	1,641	1,626
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,517	1,659	1,611	1,629	1,622	1,641	1,626
Common Stock	203	207	215	221	210	212	217
Retained Earnings	1,702	1,843	1,890	1,920	1,968	1,990	2,006
Treasury Stock	-372	-375	-478	-496	-556	-560	-596
Accumulated Other Comprehensive Income / (Loss)	-0.24	-0.18	-0.14	-0.17	-0.14	-0.20	-0.23

This table displays calculated financial ratios and metrics derived from Hub Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.28%	-21.99%	13.55%	17.95%	-0.42%	-4.70%	21.08%	26.18%	-21.31%	-6.10%
EBITDA Growth	34.08%	-6.27%	-4.58%	54.15%	29.09%	-15.03%	60.98%	70.35%	-36.80%	-16.22%
EBIT Growth	36.89%	-14.99%	-24.63%	70.42%	22.23%	-30.98%	125.92%	99.23%	-55.20%	-34.10%
NOPAT Growth	40.87%	-20.45%	120.12%	-28.00%	21.03%	-28.66%	118.61%	104.49%	-53.07%	-35.20%
Net Income Growth	37.61%	5.43%	80.67%	49.27%	-46.88%	-31.36%	133.11%	108.16%	-53.07%	-37.90%
EPS Growth	40.71%	11.68%	84.09%	48.40%	-46.76%	-31.56%	133.11%	108.16%	-53.07%	-35.11%
Operating Cash Flow Growth	74.24%	-40.32%	22.20%	68.37%	20.71%	-31.26%	44.52%	81.21%	-7.86%	-53.95%
Free Cash Flow Firm Growth	432.31%	-130.85%	-456.95%	-39.41%	186.16%	-118.09%	73.68%	2,361.33%	-177.90%	140.57%
Invested Capital Growth	-1.97%	15.08%	42.48%	32.13%	-5.16%	9.68%	14.49%	11.69%	19.45%	2.55%
Revenue Q/Q Growth	-0.71%	-21.07%	11.64%	17.04%	-3.11%	1.51%	7.73%	0.55%	-6.67%	-0.29%
EBITDA Q/Q Growth	8.86%	-17.48%	24.73%	17.57%	-1.76%	-2.22%	32.00%	-0.86%	-14.87%	0.35%
EBIT Q/Q Growth	9.75%	-24.60%	38.21%	25.17%	-6.30%	-6.16%	57.16%	-2.69%	-26.00%	1.26%
NOPAT Q/Q Growth	9.29%	-26.39%	263.41%	-39.79%	-4.92%	-5.91%	53.06%	-1.47%	-23.26%	-2.58%
Net Income Q/Q Growth	9.27%	-5.23%	152.84%	-20.19%	-16.36%	-7.04%	56.53%	-1.39%	-23.16%	-4.07%
EPS Q/Q Growth	10.67%	-3.93%	153.13%	-20.29%	-16.23%	-7.59%	56.53%	-1.39%	-23.16%	-5.56%
Operating Cash Flow Q/Q Growth	-0.60%	-13.07%	13.22%	17.88%	28.05%	-29.59%	9.77%	7.74%	-1.91%	-33.71%
Free Cash Flow Firm Q/Q Growth	2.28%	-309.70%	46.75%	-259.57%	216.38%	-122.30%	-141.73%	412.16%	-142.02%	126.09%
Invested Capital Q/Q Growth	4.72%	7.13%	0.92%	29.56%	-4.44%	9.99%	16.38%	-3.01%	25.68%	5.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.20%	6.01%	5.19%	6.05%	14.21%	12.17%	86.06%	89.83%	86.83%	85.37%
EBITDA Margin	4.30%	5.16%	4.34%	5.67%	7.35%	6.55%	8.71%	11.77%	9.45%	8.43%
Operating Margin	3.32%	3.51%	2.33%	3.39%	4.16%	3.03%	5.63%	8.89%	5.05%	3.55%
EBIT Margin	3.25%	3.54%	2.35%	3.39%	4.16%	3.02%	5.63%	8.89%	5.06%	3.55%
Profit (Net Income) Margin	2.01%	2.72%	4.33%	5.48%	2.92%	2.10%	4.05%	6.68%	3.99%	2.64%
Tax Burden Percent	63.58%	79.56%	201.93%	172.83%	74.49%	76.54%	74.26%	76.28%	80.08%	78.50%
Interest Burden Percent	97.48%	96.63%	91.27%	93.40%	94.18%	91.14%	96.93%	98.60%	98.39%	94.59%
Effective Tax Rate	36.42%	38.69%	-79.31%	24.90%	25.51%	23.46%	25.74%	23.72%	19.92%	21.50%
Return on Invested Capital (ROIC)	12.97%	9.69%	16.44%	8.68%	9.47%	6.62%	12.90%	23.34%	9.46%	5.56%
ROIC Less NNEP Spread (ROIC-NNEP)	19.84%	-48.16%	21.61%	61.09%	5.75%	-1.47%	7.75%	17.02%	8.11%	3.64%
Return on Net Nonoperating Assets (RNNOA)	-1.60%	2.04%	2.90%	14.37%	0.96%	-0.12%	0.67%	0.95%	0.90%	0.70%
Return on Equity (ROE)	11.36%	11.72%	19.33%	23.05%	10.42%	6.50%	13.56%	24.28%	10.36%	6.26%
Cash Return on Invested Capital (CROIC)	14.95%	-4.33%	-18.60%	-19.01%	14.77%	-2.62%	-0.61%	12.29%	-8.27%	3.04%
Operating Return on Assets (OROA)	9.11%	7.31%	4.84%	6.95%	7.80%	5.15%	10.49%	18.09%	7.40%	4.83%
Return on Assets (ROA)	5.65%	5.62%	8.92%	11.22%	5.47%	3.59%	7.55%	13.60%	5.83%	3.59%
Return on Common Equity (ROCE)	11.36%	11.72%	19.32%	23.04%	10.42%	6.50%	13.56%	24.28%	10.36%	6.17%
Return on Equity Simple (ROE_SIMPLE)	10.95%	11.91%	17.56%	20.57%	9.97%	6.35%	12.79%	22.31%	10.25%	6.32%
Net Operating Profit after Tax (NOPAT)	74	59	130	94	114	81	177	362	170	110
NOPAT Margin	2.11%	2.15%	4.17%	2.55%	3.10%	2.32%	4.18%	6.78%	4.04%	2.79%
Net Nonoperating Expense Percent (NNEP)	-6.87%	57.85%	-5.18%	-52.41%	3.72%	8.09%	5.15%	6.31%	1.35%	1.91%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	18.65%	7.85%	5.11%
Cost of Revenue to Revenue	92.80%	93.99%	94.81%	93.95%	92.23%	87.83%	13.94%	10.17%	13.17%	14.63%
SG&A Expenses to Revenue	3.65%	2.22%	2.47%	2.21%	2.84%	8.25%	2.13%	2.26%	2.52%	2.88%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	3.88%	2.50%	2.86%	2.66%	3.62%	9.14%	80.43%	80.94%	81.78%	81.81%
Earnings before Interest and Taxes (EBIT)	114	97	73	125	153	105	238	475	213	140
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	152	142	136	209	270	229	369	628	397	333
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.84	2.35	2.11	1.29	1.61	1.63	2.16	1.63	1.77	1.66
Price to Tangible Book Value (P/TBV)	3.20	4.17	4.21	3.49	3.69	3.75	5.12	3.38	4.84	4.85
Price to Revenue (P/Rev)	0.34	0.54	0.52	0.34	0.47	0.55	0.69	0.49	0.69	0.69
Price to Earnings (P/E)	16.79	19.69	12.02	6.26	16.20	26.32	16.91	7.32	17.24	26.29
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.12%
Earnings Yield	5.96%	5.08%	8.32%	15.97%	6.17%	3.80%	5.91%	13.66%	5.80%	3.80%
Enterprise Value to Invested Capital (EV/IC)	1.96	2.29	2.02	1.23	1.57	1.61	2.06	1.62	1.64	1.54
Enterprise Value to Revenue (EV/Rev)	0.32	0.54	0.60	0.41	0.50	0.59	0.72	0.50	0.76	0.78
Enterprise Value to EBITDA (EV/EBITDA)	7.34	10.55	13.86	7.24	6.78	8.98	8.20	4.22	8.08	9.30
Enterprise Value to EBIT (EV/EBIT)	9.71	15.40	25.61	12.11	11.97	19.52	12.70	5.58	15.10	22.09
Enterprise Value to NOPAT (EV/NOPAT)	14.94	25.31	14.42	16.13	16.10	25.41	17.09	7.32	18.89	28.11
Enterprise Value to Operating Cash Flow (EV/OCF)	6.47	14.62	15.00	7.18	7.18	11.76	11.97	5.78	7.60	15.92
Enterprise Value to Free Cash Flow (EV/FCFF)	12.95	0.00	0.00	0.00	10.32	0.00	0.00	13.90	0.00	51.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.23	0.28	0.39	0.34	0.26	0.23	0.23	0.21	0.32	0.27
Long-Term Debt to Equity	0.18	0.20	0.29	0.23	0.18	0.15	0.16	0.15	0.26	0.21
Financial Leverage	-0.08	-0.04	0.13	0.24	0.17	0.08	0.09	0.06	0.11	0.19
Leverage Ratio	2.01	2.09	2.17	2.05	1.90	1.81	1.80	1.78	1.78	1.74
Compound Leverage Factor	1.96	2.02	1.98	1.92	1.79	1.65	1.74	1.76	1.75	1.65
Debt to Total Capital	18.72%	21.69%	28.21%	25.22%	20.86%	18.53%	18.77%	17.63%	24.46%	21.46%
Short-Term Debt to Total Capital	4.39%	5.97%	7.46%	7.75%	6.97%	6.41%	5.90%	5.24%	4.86%	4.64%
Long-Term Debt to Total Capital	14.33%	15.72%	20.75%	17.46%	13.89%	12.12%	12.87%	12.40%	19.60%	16.82%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.18%
Common Equity to Total Capital	81.28%	78.26%	71.75%	74.75%	79.14%	81.47%	81.23%	82.37%	75.54%	76.36%
Debt to EBITDA	0.98	1.23	2.23	1.58	1.05	1.18	0.84	0.55	1.33	1.39
Net Debt to EBITDA	-0.53	0.18	1.87	1.20	0.34	0.53	0.34	0.06	0.81	0.94
Long-Term Debt to EBITDA	0.75	0.89	1.64	1.10	0.70	0.77	0.58	0.38	1.07	1.09
Debt to NOPAT	2.01	2.94	2.32	3.53	2.50	3.34	1.75	0.95	3.11	4.20
Net Debt to NOPAT	-1.07	0.43	1.95	2.67	0.81	1.51	0.71	0.10	1.89	2.85
Long-Term Debt to NOPAT	1.53	2.13	1.71	2.44	1.66	2.18	1.20	0.66	2.50	3.29
Altman Z-Score	5.05	4.40	3.92	3.75	4.14	3.97	4.57	4.80	4.01	4.00
Noncontrolling Interest Sharing Ratio	0.03%	0.03%	0.06%	0.05%	0.02%	0.00%	0.00%	0.00%	0.00%	1.41%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.74	1.49	1.26	1.12	1.26	1.27	1.30	1.53	1.29	1.33
Quick Ratio	1.67	1.45	0.88	1.06	1.21	1.22	1.26	1.46	1.20	1.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	86	-26	-147	-206	177	-32	-8.43	191	-149	60
Operating Cash Flow to CapEx	212.67%	97.27%	180.92%	111.66%	300.05%	156.19%	288.05%	260.01%	375.75%	502.52%
Free Cash Flow to Firm to Interest Expense	28.88	-7.30	-21.83	-21.39	16.11	-3.43	-1.15	25.40	-11.06	4.17
Operating Cash Flow to Interest Expense	57.79	28.27	18.54	21.94	23.15	18.73	34.60	61.04	31.42	13.44
Operating Cash Flow Less CapEx to Interest Expense	30.62	-0.79	8.29	2.29	15.43	6.74	22.59	37.56	23.06	10.77
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.81	2.07	2.06	2.05	1.87	1.71	1.86	2.04	1.46	1.36
Accounts Receivable Turnover	8.63	6.34	6.88	7.93	7.76	7.23	6.91	7.50	6.35	6.60
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	9.89	6.76	6.25	5.93	5.45	5.24	6.26	7.29	5.34	5.15
Accounts Payable Turnover	12.36	9.58	10.97	12.92	12.24	10.83	1.60	1.36	1.53	1.72
Days Sales Outstanding (DSO)	42.29	57.61	53.08	46.05	47.06	50.49	52.81	48.69	57.48	55.31
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	29.54	38.09	33.27	28.26	29.81	33.69	227.48	268.11	238.85	212.66
Cash Conversion Cycle (CCC)	12.75	19.52	19.81	17.79	17.25	16.79	-174.67	-219.42	-181.36	-157.35
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	568	654	932	1,231	1,167	1,280	1,466	1,637	1,956	2,006
Invested Capital Turnover	6.14	4.50	3.94	3.41	3.06	2.86	3.08	3.44	2.34	1.99
Increase / (Decrease) in Invested Capital	-11	86	278	299	-64	113	186	171	318	50
Enterprise Value (EV)	1,111	1,498	1,878	1,513	1,828	2,058	3,026	2,650	3,210	3,095
Market Capitalization	1,191	1,473	1,625	1,263	1,736	1,936	2,900	2,612	2,889	2,734
Book Value per Share	$17.82	$18.54	$22.56	$28.60	$31.59	$34.79	$38.70	$48.14	$51.46	$26.81
Tangible Book Value per Share	$10.23	$10.44	$11.30	$10.56	$13.80	$15.10	$16.37	$23.26	$18.77	$9.18
Total Capital	797	802	1,072	1,312	1,359	1,459	1,650	1,942	2,164	2,154
Total Debt	149	174	303	331	283	270	310	342	529	462
Total Long-Term Debt	114	126	223	229	189	177	212	241	424	362
Net Debt	-80	26	254	250	92	123	126	38	321	314
Capital Expenditures (CapEx)	81	105	69	189	85	112	88	176	112	39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	93	125	188	102	59	113	145	180	109	162
Debt-free Net Working Capital (DFNWC)	301	252	217	164	228	237	304	467	296	289
Net Working Capital (NWC)	266	205	137	62	133	144	207	365	191	189
Net Nonoperating Expense (NNE)	3.46	-16	-4.85	-108	6.37	7.44	5.60	5.16	2.42	6.08
Net Nonoperating Obligations (NNO)	-80	26	162	250	92	92	126	38	321	314
Total Depreciation and Amortization (D&A)	37	45	62	84	117	124	131	154	184	193
Debt-free, Cash-free Net Working Capital to Revenue	2.64%	4.55%	6.02%	2.77%	1.60%	3.23%	3.42%	3.37%	2.59%	4.10%
Debt-free Net Working Capital to Revenue	8.54%	9.18%	6.93%	4.44%	6.20%	6.79%	7.19%	8.74%	7.05%	7.32%
Net Working Capital to Revenue	7.54%	7.44%	4.37%	1.68%	3.62%	4.11%	4.90%	6.83%	4.55%	4.79%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.99	$1.11	$2.04	$3.02	$1.61	$1.11	$2.57	$5.38	$2.65	$1.72
Adjusted Weighted Average Basic Shares Outstanding	71.75M	67.68M	66.44M	66.79M	66.57M	66.36M	66.87M	66.42M	63.32M	60.62M
Adjusted Diluted Earnings per Share	$0.99	$1.10	$2.03	$3.01	$1.60	$1.10	$2.53	$5.32	$2.62	$1.70
Adjusted Weighted Average Diluted Shares Outstanding	71.94M	67.90M	66.70M	67.12M	66.96M	67.09M	67.78M	67.12M	63.95M	61.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	71.30M	68.27M	68.76M	69.55M	68.50M	68.87M	69.38M	66.76M	62.83M	61.50M
Normalized Net Operating Profit after Tax (NOPAT)	74	59	51	94	114	81	163	344	164	109
Normalized NOPAT Margin	2.11%	2.15%	1.63%	2.55%	3.10%	2.32%	3.85%	6.44%	3.91%	2.77%
Pre Tax Income Margin	3.16%	3.42%	2.14%	3.17%	3.92%	2.75%	5.46%	8.76%	4.98%	3.36%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	38.53	26.84	10.86	13.00	13.89	11.29	32.60	63.23	15.83	9.69
NOPAT to Interest Expense	25.05	16.33	19.29	9.76	10.33	8.67	24.23	48.24	12.65	7.61
EBIT Less CapEx to Interest Expense	11.36	-2.22	0.61	-6.64	6.18	-0.70	20.59	39.75	7.46	7.01
NOPAT Less CapEx to Interest Expense	-2.13	-12.73	9.04	-9.88	2.61	-3.32	12.22	24.77	4.29	4.94
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	30.12%
Augmented Payout Ratio	40.63%	133.68%	0.00%	0.00%	23.33%	0.00%	0.00%	21.01%	85.82%	95.74%

This table displays calculated financial ratios and metrics derived from Hub Group's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	26.07%	2.32%	-11.24%	-25.76%	-24.39%	-23.37%	-13.26%	-5.19%	-3.70%	-1.17%
EBITDA Growth	71.04%	-3.59%	-17.51%	-38.10%	-44.11%	-47.21%	-30.21%	-17.48%	-10.51%	1.49%
EBIT Growth	96.32%	-11.14%	-32.08%	-54.79%	-63.90%	-71.44%	-52.75%	-36.49%	-24.29%	5.82%
NOPAT Growth	99.43%	-6.31%	-28.95%	-54.60%	-65.14%	-64.51%	-53.75%	-35.39%	-20.78%	-9.16%
Net Income Growth	101.50%	-5.98%	-29.40%	-54.78%	-65.12%	-63.69%	-56.21%	-37.61%	-22.51%	-15.33%
EPS Growth	103.91%	-5.98%	-29.40%	-54.78%	-65.12%	-63.69%	-53.19%	-34.72%	-18.75%	-11.11%
Operating Cash Flow Growth	3,517.69%	44.02%	11.43%	9.53%	-32.35%	-7.62%	-9.91%	-47.01%	-57.20%	-99.39%
Free Cash Flow Firm Growth	-568.87%	8.70%	-16.12%	24.60%	148.07%	-217.63%	129.00%	31.96%	-295.80%	91.71%
Invested Capital Growth	34.02%	11.69%	20.89%	14.80%	-7.82%	19.45%	-2.34%	8.68%	22.11%	2.55%
Revenue Q/Q Growth	-3.29%	-5.16%	-10.36%	-9.70%	-1.50%	-3.88%	1.47%	-1.30%	0.04%	-1.36%
EBITDA Q/Q Growth	-9.95%	-6.33%	-15.56%	-13.10%	-18.68%	-11.54%	11.63%	2.75%	-11.81%	0.33%
EBIT Q/Q Growth	-14.62%	-10.87%	-25.20%	-20.58%	-31.82%	-29.48%	23.73%	6.74%	-18.72%	-1.43%
NOPAT Q/Q Growth	-14.23%	-10.26%	-21.30%	-25.06%	-34.14%	-8.63%	2.58%	4.68%	-19.25%	4.76%
Net Income Q/Q Growth	-15.09%	-9.22%	-22.07%	-24.72%	-34.50%	-5.50%	-6.01%	7.25%	-18.65%	3.26%
EPS Q/Q Growth	-13.86%	-9.22%	-22.07%	-24.72%	-34.50%	-5.50%	-2.22%	6.82%	-17.02%	2.56%
Operating Cash Flow Q/Q Growth	24.24%	-28.08%	-17.01%	47.70%	-23.26%	-1.79%	-19.06%	-13.12%	-38.03%	-98.61%
Free Cash Flow Firm Q/Q Growth	-45.82%	73.09%	-167.52%	28.19%	192.98%	-277.82%	124.43%	-268.49%	-167.57%	92.47%
Invested Capital Q/Q Growth	12.20%	-3.01%	8.64%	-2.90%	-9.91%	25.68%	-11.18%	8.06%	1.22%	5.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	89.84%	88.56%	88.07%	86.37%	86.49%	86.24%	85.54%	85.62%	85.52%	84.78%
EBITDA Margin	11.57%	11.43%	10.77%	10.36%	8.55%	7.87%	8.66%	9.02%	7.95%	8.08%
Operating Margin	8.69%	8.11%	6.79%	5.97%	4.15%	2.98%	3.72%	4.01%	3.25%	3.24%
EBIT Margin	8.66%	8.14%	6.79%	5.97%	4.13%	3.03%	3.70%	4.00%	3.25%	3.25%
Profit (Net Income) Margin	6.44%	6.17%	5.36%	4.47%	2.97%	2.92%	2.71%	2.94%	2.39%	2.50%
Tax Burden Percent	75.80%	76.80%	80.60%	76.10%	73.10%	96.67%	78.50%	77.21%	76.78%	81.90%
Interest Burden Percent	98.17%	98.68%	97.96%	98.34%	98.35%	99.66%	93.22%	95.23%	95.84%	94.12%
Effective Tax Rate	24.20%	23.20%	19.40%	23.90%	26.90%	3.33%	21.50%	22.79%	23.22%	18.10%
Return on Invested Capital (ROIC)	23.73%	21.44%	17.49%	13.58%	8.43%	6.75%	6.72%	6.86%	5.72%	5.28%
ROIC Less NNEP Spread (ROIC-NNEP)	21.54%	20.44%	15.61%	11.88%	7.10%	6.95%	4.93%	6.01%	4.68%	4.83%
Return on Net Nonoperating Assets (RNNOA)	1.36%	1.14%	0.67%	0.33%	0.22%	0.77%	0.35%	0.65%	0.29%	0.92%
Return on Equity (ROE)	25.09%	22.58%	18.16%	13.90%	8.65%	7.52%	7.07%	7.51%	6.01%	6.21%
Cash Return on Invested Capital (CROIC)	-4.14%	12.29%	1.79%	3.52%	21.79%	-8.27%	10.11%	-1.69%	-13.37%	3.04%
Operating Return on Assets (OROA)	18.23%	16.56%	12.98%	10.54%	6.57%	4.44%	5.18%	5.65%	4.47%	4.42%
Return on Assets (ROA)	13.57%	12.55%	10.25%	7.89%	4.72%	4.27%	3.79%	4.15%	3.29%	3.40%
Return on Common Equity (ROCE)	25.09%	22.58%	18.16%	13.90%	8.65%	7.52%	7.07%	7.51%	6.01%	6.12%
Return on Equity Simple (ROE_SIMPLE)	23.86%	0.00%	19.96%	17.07%	13.38%	0.00%	8.19%	7.03%	6.67%	0.00%
Net Operating Profit after Tax (NOPAT)	89	80	63	47	31	28	29	31	25	26
NOPAT Margin	6.58%	6.23%	5.47%	4.54%	3.04%	2.89%	2.92%	3.09%	2.50%	2.65%
Net Nonoperating Expense Percent (NNEP)	2.19%	1.00%	1.87%	1.70%	1.32%	-0.20%	1.79%	0.85%	1.04%	0.46%
Return On Investment Capital (ROIC_SIMPLE)	-	4.12%	-	-	-	1.31%	-	-	-	1.20%
Cost of Revenue to Revenue	10.16%	11.44%	11.93%	13.63%	13.51%	13.76%	14.46%	14.38%	14.48%	15.22%
SG&A Expenses to Revenue	2.54%	2.08%	2.22%	2.57%	2.36%	2.97%	2.72%	2.83%	3.01%	2.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	81.16%	80.44%	81.29%	80.40%	82.33%	83.25%	81.83%	81.61%	82.26%	81.54%
Earnings before Interest and Taxes (EBIT)	117	105	78	62	42	30	37	39	32	32
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	157	147	124	108	88	78	87	89	78	79
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.57	1.63	1.68	1.65	1.53	1.77	1.69	1.63	1.74	1.66
Price to Tangible Book Value (P/TBV)	3.47	3.38	3.32	3.34	3.03	4.84	4.63	4.32	4.61	4.85
Price to Revenue (P/Rev)	0.45	0.49	0.54	0.55	0.55	0.69	0.68	0.67	0.71	0.69
Price to Earnings (P/E)	6.56	7.32	8.41	9.69	11.43	17.24	20.62	23.27	26.05	26.29
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.29%	0.58%	0.83%	1.12%
Earnings Yield	15.23%	13.66%	11.89%	10.32%	8.75%	5.80%	4.85%	4.30%	3.84%	3.80%
Enterprise Value to Invested Capital (EV/IC)	1.51	1.62	1.63	1.61	1.55	1.64	1.65	1.55	1.63	1.54
Enterprise Value to Revenue (EV/Rev)	0.48	0.50	0.56	0.58	0.54	0.76	0.71	0.73	0.78	0.78
Enterprise Value to EBITDA (EV/EBITDA)	4.02	4.22	4.83	5.19	5.18	8.08	7.95	8.57	9.35	9.30
Enterprise Value to EBIT (EV/EBIT)	5.22	5.58	6.64	7.67	8.42	15.10	16.68	19.63	22.40	22.09
Enterprise Value to NOPAT (EV/NOPAT)	6.93	7.32	8.64	9.94	10.92	18.89	21.00	24.44	27.42	28.11
Enterprise Value to Operating Cash Flow (EV/OCF)	5.99	5.78	6.22	5.81	5.62	7.60	6.91	8.31	10.57	15.92
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	13.90	99.98	48.84	6.84	0.00	16.07	0.00	0.00	51.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.26	0.21	0.29	0.30	0.21	0.32	0.21	0.29	0.30	0.27
Long-Term Debt to Equity	0.20	0.15	0.23	0.24	0.15	0.26	0.14	0.23	0.23	0.21
Financial Leverage	0.06	0.06	0.04	0.03	0.03	0.11	0.07	0.11	0.06	0.19
Leverage Ratio	1.82	1.78	1.74	1.74	1.80	1.78	1.76	1.74	1.77	1.74
Compound Leverage Factor	1.79	1.76	1.71	1.71	1.77	1.77	1.64	1.66	1.69	1.64
Debt to Total Capital	20.85%	17.63%	22.50%	22.93%	17.59%	24.46%	17.14%	22.53%	22.84%	21.46%
Short-Term Debt to Total Capital	5.33%	5.24%	4.57%	4.71%	5.20%	4.86%	5.31%	4.87%	4.74%	4.64%
Long-Term Debt to Total Capital	15.52%	12.40%	17.92%	18.23%	12.39%	19.60%	11.83%	17.66%	18.10%	16.82%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.18%
Common Equity to Total Capital	79.15%	82.37%	77.50%	77.07%	82.41%	75.54%	82.86%	77.47%	77.16%	76.36%
Debt to EBITDA	0.63	0.55	0.80	0.89	0.75	1.33	0.93	1.40	1.45	1.39
Net Debt to EBITDA	0.27	0.06	0.20	0.22	-0.16	0.81	0.33	0.69	0.83	0.94
Long-Term Debt to EBITDA	0.47	0.38	0.64	0.71	0.52	1.07	0.64	1.10	1.15	1.09
Debt to NOPAT	1.09	0.95	1.43	1.71	1.57	3.11	2.47	4.00	4.26	4.20
Net Debt to NOPAT	0.46	0.10	0.36	0.42	-0.33	1.89	0.88	1.98	2.42	2.85
Long-Term Debt to NOPAT	0.81	0.66	1.14	1.36	1.11	2.50	1.70	3.13	3.38	3.29
Altman Z-Score	4.21	4.36	4.32	4.26	3.85	3.80	3.77	3.82	3.91	3.87
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.41%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.38	1.53	1.68	1.67	1.65	1.29	1.28	1.32	1.30	1.33
Quick Ratio	1.35	1.46	1.64	1.62	1.58	1.20	1.21	1.27	1.24	1.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-339	-91	-244	-175	163	-290	71	-119	-319	-24
Operating Cash Flow to CapEx	265.90%	204.97%	536.05%	390.24%	289.76%	369.93%	571.77%	612.35%	547.14%	11.48%
Free Cash Flow to Firm to Interest Expense	-154.95	-41.40	-82.26	-56.31	46.12	-76.10	18.17	-32.36	-89.17	-7.30
Operating Cash Flow to Interest Expense	68.37	48.82	30.09	42.36	28.64	26.10	20.65	18.96	12.10	0.18
Operating Cash Flow Less CapEx to Interest Expense	42.66	25.00	24.48	31.51	18.76	19.04	17.04	15.87	9.89	-1.41
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.11	2.04	1.91	1.76	1.59	1.46	1.40	1.41	1.38	1.36
Accounts Receivable Turnover	7.58	7.50	7.06	6.83	6.34	6.35	6.28	6.64	6.50	6.60
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	7.50	7.29	7.08	6.46	5.83	5.34	5.21	5.18	5.17	5.15
Accounts Payable Turnover	0.00	1.36	1.40	1.51	1.43	1.53	1.64	1.71	1.62	1.72
Days Sales Outstanding (DSO)	48.18	48.69	51.67	53.41	57.60	57.48	58.13	55.00	56.18	55.31
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	268.11	260.60	241.39	254.85	238.85	222.01	213.28	224.64	212.66
Cash Conversion Cycle (CCC)	48.18	-219.42	-208.92	-187.98	-197.26	-181.36	-163.87	-158.27	-168.46	-157.35
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,688	1,637	1,779	1,727	1,556	1,956	1,737	1,877	1,900	2,006
Invested Capital Turnover	3.60	3.44	3.20	2.99	2.78	2.34	2.30	2.22	2.29	1.99
Increase / (Decrease) in Invested Capital	429	171	307	223	-132	318	-42	150	344	50
Enterprise Value (EV)	2,547	2,650	2,905	2,780	2,418	3,210	2,858	2,919	3,100	3,095
Market Capitalization	2,376	2,612	2,786	2,663	2,491	2,889	2,738	2,683	2,826	2,734
Book Value per Share	$43.79	$48.14	$49.70	$48.30	$50.92	$51.46	$26.45	$26.34	$26.16	$26.81
Tangible Book Value per Share	$19.76	$23.26	$25.15	$23.92	$25.70	$18.77	$9.63	$9.96	$9.87	$9.18
Total Capital	1,917	1,942	2,141	2,090	1,977	2,164	1,958	2,119	2,108	2,154
Total Debt	400	342	482	479	348	529	336	477	481	462
Total Long-Term Debt	298	241	384	381	245	424	232	374	382	362
Net Debt	171	38	120	117	-73	321	120	236	274	314
Capital Expenditures (CapEx)	56	53	17	34	35	27	14	11	7.92	5.26
Debt-free, Cash-free Net Working Capital (DFCFNWC)	172	180	190	152	129	109	88	84	101	162
Debt-free Net Working Capital (DFNWC)	384	467	533	495	529	296	283	305	287	289
Net Working Capital (NWC)	282	365	435	396	427	191	179	202	187	189
Net Nonoperating Expense (NNE)	1.92	0.82	1.25	0.73	0.65	-0.36	2.10	1.50	1.04	1.45
Net Nonoperating Obligations (NNO)	171	38	120	117	-73	321	115	236	274	314
Total Depreciation and Amortization (D&A)	39	42	46	46	45	48	50	49	46	47
Debt-free, Cash-free Net Working Capital to Revenue	3.25%	3.37%	3.66%	3.15%	2.86%	2.59%	2.17%	2.11%	2.56%	4.10%
Debt-free Net Working Capital to Revenue	7.24%	8.74%	10.25%	10.23%	11.75%	7.05%	7.00%	7.63%	7.26%	7.32%
Net Working Capital to Revenue	5.31%	6.83%	8.37%	8.20%	9.47%	4.55%	4.43%	5.04%	4.74%	4.79%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.32	$0.60	$0.95	$0.73	$0.49	$0.23	$0.44	$0.48	$0.39	$0.40
Adjusted Weighted Average Basic Shares Outstanding	66.29M	132.84M	65.10M	64.07M	62.28M	126.65M	61.33M	60.71M	60.37M	60.62M
Adjusted Diluted Earnings per Share	$1.31	$0.60	$0.94	$0.72	$0.49	$0.23	$0.44	$0.47	$0.39	$0.40
Adjusted Weighted Average Diluted Shares Outstanding	67.04M	134.24M	65.68M	64.59M	62.99M	127.91M	61.67M	61.11M	60.95M	61.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.60	$0.00	$0.00	$0.00	$0.23	$0.00	$0.00	$0.00	$0.40
Adjusted Weighted Average Basic & Diluted Shares Outstanding	66.46M	66.76M	66.70M	63.98M	1.15M	125.65M	62.32M	62.17M	61.36M	61.50M
Normalized Net Operating Profit after Tax (NOPAT)	83	78	60	47	31	27	29	30	24	26
Normalized NOPAT Margin	6.10%	6.05%	5.19%	4.48%	2.98%	2.76%	2.88%	3.06%	2.46%	2.66%
Pre Tax Income Margin	8.50%	8.03%	6.65%	5.87%	4.07%	3.02%	3.45%	3.81%	3.12%	3.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	53.59	47.42	26.34	19.94	11.98	7.84	9.48	10.70	8.95	9.60
NOPAT to Interest Expense	40.75	36.31	21.22	15.16	8.79	7.46	7.48	8.27	6.88	7.84
EBIT Less CapEx to Interest Expense	27.87	23.60	20.73	9.09	2.09	0.78	5.87	7.60	6.74	8.00
NOPAT Less CapEx to Interest Expense	15.04	12.49	15.61	4.30	-1.09	0.40	3.87	5.18	4.67	6.24
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	30.12%
Augmented Payout Ratio	20.72%	21.01%	0.00%	63.67%	53.83%	85.82%	127.65%	66.50%	87.31%	95.74%

Frequently Asked Questions About Hub Group's Financials

When does Hub Group's financial year end?

According to the most recent income statement we have on file, Hub Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Hub Group's net income changed over the last 9 years?

Hub Group's net income appears to be on an upward trend, with a most recent value of $104.04 million in 2024, rising from $70.95 million in 2015. The previous period was $167.53 million in 2023. Check out Hub Group's forecast to explore projected trends and price targets.

What is Hub Group's operating income?

Hub Group's total operating income in 2024 was $140.29 million, based on the following breakdown:

Total Gross Profit: $3.37 billion
Total Operating Expenses: $3.23 billion

How has Hub Group revenue changed over the last 9 years?

Over the last 9 years, Hub Group's total revenue changed from $3.53 billion in 2015 to $3.95 billion in 2024, a change of 11.9%.

How much debt does Hub Group have?

Hub Group's total liabilities were at $1.18 billion at the end of 2024, a 9.6% decrease from 2023, and a 80.1% increase since 2015.

How much cash does Hub Group have?

In the past 9 years, Hub Group's cash and equivalents has ranged from $28.56 million in 2017 to $286.64 million in 2022, and is currently $98.25 million as of their latest financial filing in 2024.

How has Hub Group's book value per share changed over the last 9 years?

Over the last 9 years, Hub Group's book value per share changed from 17.82 in 2015 to 26.81 in 2024, a change of 50.5%.

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This page (NASDAQ:HUBG) was last updated on 5/8/2025 by MarketBeat.com Staff

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Hub Group (HUBG) Financials

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Hub Group (HUBG) Financials

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