Hubbell (HUBB) Financials

$475.12 +14.14 (+3.07%)

Closing price 05/22/2026 03:59 PM Eastern

Extended Trading

$474.20 -0.92 (-0.19%)

As of 05/22/2026 07:54 PM Eastern

Annual Income Statements for Hubbell

This table shows Hubbell'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	2025
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	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	277	293	243	360	401	351	400	546	751	779	887
Consolidated Net Income / (Loss)	282	298	250	366	407	356	406	558	758	785	892
Net Income / (Loss) Continuing Operations	282	298	250	366	368	335	736	1,028	758	785	892
Total Pre-Tax Income	419	430	443	467	469	425	459	657	972	1,007	1,119
Total Operating Income	475	490	519	557	527	495	532	709	1,027	1,093	1,209
Total Gross Profit	1,092	1,105	1,155	1,300	1,172	1,086	1,152	1,472	1,877	1,906	2,064
Total Revenue	3,390	3,505	3,669	4,482	3,947	3,683	4,194	4,948	5,373	5,629	5,845
Operating Revenue	3,390	3,505	3,669	4,482	3,947	3,683	4,194	4,948	5,373	5,629	5,845
Total Cost of Revenue	2,299	2,400	2,514	3,181	2,775	2,597	3,043	3,476	3,496	3,723	3,781
Operating Cost of Revenue	2,299	2,400	2,514	3,181	2,775	2,597	3,043	3,476	3,496	3,723	3,781
Total Operating Expenses	617	615	636	744	645	599	619	763	850	813	855
Selling, General & Admin Expense	617	615	636	744	645	591	619	763	850	813	855
Total Other Income / (Expense), net	-56	-59	-76	-90	-58	-62	-73	-45	-55	-86	-90
Interest & Investment Income	0.50	0.50	0.90	0.10	1.50	-	-	-50	-37	-74	-64
Other Income / (Expense), net	-26	-17	-22	-18	9.60	-2.30	-1.50	4.50	-19	-13	-26
Income Tax Expense	137	133	193	101	101	90	88	140	215	222	227
Net Income / (Loss) Attributable to Noncontrolling Interest	4.80	4.80	6.80	5.90	6.50	4.70	6.10	5.50	6.20	5.70	4.80
Basic Earnings per Share	$4.79	$5.26	$4.42	$6.57	$7.35	$6.46	$7.33	$10.13	$13.98	$14.49	$16.63
Weighted Average Basic Shares Outstanding	57.70M	55.50M	54.80M	54.60M	54.43M	54.30M	54.41M	53.60M	53.63M	53.67M	53.16M
Diluted Earnings per Share	$4.77	$5.24	$4.39	$6.54	$7.31	$6.43	$7.28	$10.07	$13.89	$14.39	$16.54
Weighted Average Diluted Shares Outstanding	57.70M	55.50M	54.80M	54.60M	54.43M	54.30M	54.41M	53.60M	53.63M	53.67M	53.16M
Weighted Average Basic & Diluted Shares Outstanding	57.70M	55.50M	54.80M	54.60M	54.43M	54.30M	54.41M	53.60M	53.63M	53.67M	53.16M
Cash Dividends to Common per Share	$2.31	$2.59	$2.87	$3.15	$3.43	$3.71	$3.99	$4.27	$4.58	$4.98	$5.38

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	200	165	148	218	226	191	163	244	256	218	182
Consolidated Net Income / (Loss)	202	166	149	219	228	193	165	246	257	219	183
Net Income / (Loss) Continuing Operations	202	172	149	219	228	198	165	246	257	219	183
Total Pre-Tax Income	265	210	201	285	288	244	211	315	311	273	236
Total Operating Income	276	226	229	306	313	258	230	336	331	303	264
Total Gross Profit	487	456	448	514	506	451	443	552	544	517	505
Total Revenue	1,376	1,346	1,399	1,453	1,443	1,334	1,365	1,484	1,502	1,493	1,517
Operating Revenue	1,376	1,346	1,399	1,453	1,443	1,334	1,365	1,484	1,502	1,493	1,517
Total Cost of Revenue	888	890	951	939	937	884	923	932	958	976	1,011
Operating Cost of Revenue	888	890	951	939	937	884	923	932	958	976	1,011
Total Operating Expenses	211	231	219	208	193	193	212	216	214	214	242
Selling, General & Admin Expense	211	231	219	208	193	193	212	216	214	214	242
Total Other Income / (Expense), net	-11	-16	-27	-21	-24	-14	-19	-21	-20	-30	-27
Interest & Investment Income	-7.80	-	-21	-20	-19	-	-14	-15	-14	-22	-22
Other Income / (Expense), net	-3.50	-6.10	-6.00	-1.20	-5.60	0.30	-5.30	-6.60	-5.90	-7.80	-5.40
Income Tax Expense	63	37	52	66	61	46	47	70	54	54	53
Net Income / (Loss) Attributable to Noncontrolling Interest	1.90	1.40	1.30	1.60	1.60	1.20	1.30	1.30	1.20	1.00	1.20
Basic Earnings per Share	$3.72	$3.18	$2.75	$4.04	$4.21	$3.66	$3.04	$4.58	$4.80	$4.09	$3.42
Weighted Average Basic Shares Outstanding	53.62M	53.63M	53.69M	53.68M	53.67M	53.67M	53.37M	53.14M	53.14M	53.16M	52.84M
Diluted Earnings per Share	$3.70	$3.16	$2.73	$4.01	$4.18	$3.65	$3.03	$4.56	$4.77	$4.06	$3.41
Weighted Average Diluted Shares Outstanding	53.62M	53.63M	53.69M	53.68M	53.67M	53.67M	53.37M	53.14M	53.14M	53.16M	52.84M
Weighted Average Basic & Diluted Shares Outstanding	53.62M	53.63M	53.69M	53.68M	53.67M	53.67M	53.37M	53.14M	53.14M	53.16M	52.84M

This table details how cash moves in and out of Hubbell'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	2025
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	12/31/2025
Net Change in Cash & Equivalents	-310	94	-63	-186	-7.00	78	30	154	-104	-7.70	153
Net Cash From Operating Activities	339	411	379	517	517	603	514	636	881	991	1,030
Net Cash From Continuing Operating Activities	339	411	379	517	517	603	514	636	881	991	1,030
Net Income / (Loss) Continuing Operations	282	298	250	366	368	335	371	517	758	785	892
Consolidated Net Income / (Loss)	282	298	250	366	-	-	-	-	758	785	892
Depreciation Expense	85	91	98	148	138	145	149	149	150	212	206
Non-Cash Adjustments To Reconcile Net Income	25	29	25	28	13	45	40	38	34	19	19
Changes in Operating Assets and Liabilities, net	-53	-7.00	5.70	-25	-1.90	79	-47	-67	-61	-24	-87
Net Cash From Investing Activities	-250	-230	-246	-1,201	-122	-323	-72	18	-1,380	-59	-1,095
Net Cash From Continuing Investing Activities	-250	-230	-246	-1,201	-122	-323	-72	18	-1,380	-59	-1,095
Purchase of Property, Plant & Equipment	-77	-67	-80	-96	-87	-83	-90	-129	-166	-180	-155
Acquisitions	-163	-173	-184	-1,118	-71	-240	0.10	-177	-1,212	5.90	-958
Purchase of Investments	-25	-20	-21	-17	-14	-35	-11	-34	-25	-21	-25
Divestitures	-	-	0.00	0.00	34	0.00	8.50	333	0.00	123	2.60
Sale and/or Maturity of Investments	14	13	17	21	13	29	12	23	22	16	17
Other Investing Activities, net	0.90	6.30	3.30	2.10	3.70	5.30	9.40	2.40	0.80	-2.30	25
Net Cash From Financing Activities	-379	-59	-214	507	-471	-244	-433	-437	389	-923	204
Net Cash From Continuing Financing Activities	-379	-59	-214	507	-471	-244	-433	-437	389	-923	204
Repayment of Debt	-9.30	-64	-325	-226	-250	-352	-512	-26	-36	-39	-49
Repurchase of Common Equity	-79	-247	-93	-40	-35	-41	-11	-182	-30	-40	-225
Payment of Dividends	-139	-147	-161	-176	-187	-201	-217	-230	-246	-267	-287
Issuance of Debt	49	398	364	948	0.70	351	307	0.00	700	23	1,164
Other Financing Activities, net	-201	-	-	-	-	-	-	-	0.00	-600	-400
Effect of Exchange Rate Changes	-21	-27	18	-8.20	1.30	2.60	-3.00	-8.80	6.90	-16	14

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	80	-237	52	8.60	39	-107	17	36	284	-185	19
Net Cash From Operating Activities	194	346	92	240	227	432	37	261	284	448	87
Net Cash From Continuing Operating Activities	194	346	92	240	227	432	37	261	284	448	87
Net Income / (Loss) Continuing Operations	202	172	149	215	221	198	165	239	257	225	183
Consolidated Net Income / (Loss)	202	-	149	215	221	-	165	239	257	225	183
Depreciation Expense	38	40	60	50	49	53	47	49	49	62	60
Non-Cash Adjustments To Reconcile Net Income	1.60	18	17	-4.30	9.60	-2.90	15	7.10	2.30	-6.20	14
Changes in Operating Assets and Liabilities, net	-47	116	-133	-21	-53	184	-189	-34	-24	167	-171
Net Cash From Investing Activities	-33	-1,219	89	-33	-36	-79	-99	-41	-75	-879	-41
Net Cash From Continuing Investing Activities	-33	-1,219	89	-33	-36	-79	-99	-41	-75	-879	-41
Purchase of Property, Plant & Equipment	-35	-62	-40	-34	-38	-68	-26	-40	-31	-59	-41
Acquisitions	-	-1,152	0.00	5.90	-	-	-73	0.10	-56	-829	2.40
Purchase of Investments	-4.60	-12	0.00	-9.70	-2.00	-9.30	-3.90	-12	-2.10	-7.60	-5.10
Sale and/or Maturity of Investments	5.40	6.00	5.40	5.20	3.90	1.30	3.90	1.50	7.30	4.00	1.40
Other Investing Activities, net	0.90	0.50	0.60	-	0.20	-3.10	0.00	6.00	6.40	12	0.60
Net Cash From Financing Activities	-76	630	-125	-194	-157	-447	75	-193	75	246	-23
Net Cash From Continuing Financing Activities	-76	630	-125	-194	-157	-447	75	-193	75	246	-23
Repayment of Debt	-4.40	-5.80	-23	-16	2.30	-602	-21	-8.70	-3.50	-16	-27
Repurchase of Common Equity	-10	-	-10	-10	-10	-10	-125	-100	-	-	-168
Payment of Dividends	-60	-65	-66	-66	-66	-71	-71	-70	-70	-76	-75
Issuance of Debt	-	701	98	-	-	-151	291	-14	149	738	247
Effect of Exchange Rate Changes	-4.80	-	-3.50	-4.50	4.80	-	4.10	9.00	-0.10	0.90	-2.70

This table presents Hubbell'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	2025
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	12/31/2025
Total Assets	3,209	3,525	3,721	4,872	4,903	5,085	5,282	5,403	6,914	6,848	8,229
Total Current Assets	1,388	1,551	1,604	1,644	1,574	1,588	1,879	2,021	2,167	2,258	2,594
Cash & Equivalents	344	438	375	189	182	259	286	441	336	329	483
Short-Term Investments	12	11	15	9.20	14	9.30	9.40	14	13	16	15
Accounts Receivable	467	530	540	725	683	553	675	742	785	756	857
Inventories, net	540	532	635	651	633	527	662	741	833	1,010	1,084
Other Current Assets	26	40	40	69	62	72	67	84	130	147	155
Plant, Property, & Equipment, net	420	440	458	502	505	439	460	528	653	727	841
Total Noncurrent Assets	1,401	1,534	1,658	2,726	2,824	3,059	2,943	2,853	4,094	3,863	4,794
Long-Term Investments	50	56	58	56	56	71	69	66	76	85	98
Goodwill	929	991	1,089	1,784	1,812	1,873	1,871	1,971	2,533	2,501	3,061
Intangible Assets	372	432	460	820	782	771	682	670	1,196	1,080	1,394
Other Noncurrent Operating Assets	51	55	51	66	175	160	144	147	197	198	240
Total Liabilities & Shareholders' Equity	3,209	3,525	3,721	4,872	4,903	5,085	5,282	5,403	6,914	6,848	8,229
Total Liabilities	1,460	1,922	2,073	3,073	2,943	3,000	3,041	3,032	4,025	3,437	4,371
Total Current Liabilities	603	590	706	839	845	948	1,065	1,089	1,323	1,274	1,509
Short-Term Debt	48	3.20	68	56	65	153	9.70	4.70	117	125	289
Accounts Payable	290	292	327	394	348	339	533	530	564	542	571
Accrued Expenses	190	212	235	288	330	292	337	410	444	461	534
Current Employee Benefit Liabilities	75	83	77	102	102	84	95	144	174	146	115
Total Noncurrent Liabilities	857	1,332	1,367	2,234	2,098	2,052	1,976	1,944	2,701	2,163	2,862
Long-Term Debt	857	1,332	1,367	2,234	2,098	1,437	1,436	1,438	2,023	1,443	2,036
Other Noncurrent Operating Liabilities	-	-	-	-	-	597	521	506	661	720	826
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,749	1,603	1,648	1,799	1,961	2,085	2,241	2,371	2,889	3,411	3,858
Total Preferred & Common Equity	1,741	1,593	1,634	1,781	1,947	2,070	2,230	2,361	2,877	3,396	3,848
Total Common Equity	1,741	1,593	1,634	1,781	1,947	2,070	2,230	2,361	2,877	3,396	3,848
Common Stock	79	16	12	1.90	0.60	5.50	0.60	0.60	6.70	3.20	3,848
Noncontrolling Interest	8.40	10	14	18	13	15	11	9.70	12	14	10

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

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	5,641	5,768	6,914	6,862	6,872	6,935	6,679	6,922	7,149	7,527	8,418
Total Current Assets	2,206	2,318	2,167	2,233	2,275	2,319	2,089	2,262	2,476	2,790	2,802
Cash & Equivalents	493	573	336	388	397	436	329	347	383	667	502
Short-Term Investments	16	18	13	12	9.30	9.90	16	13	17	14	15
Accounts Receivable	811	853	785	866	893	895	756	902	900	910	974
Inventories, net	794	788	833	842	857	850	842	849	1,030	1,054	1,140
Other Current Assets	92	86	130	124	119	129	147	151	148	146	172
Plant, Property, & Equipment, net	558	572	653	662	675	693	727	734	746	766	843
Total Noncurrent Assets	2,878	2,878	4,094	3,967	3,923	3,923	3,863	3,926	3,927	3,971	4,772
Long-Term Investments	70	62	76	75	81	86	85	87	96	100	100
Goodwill	1,999	1,995	2,533	2,533	2,514	2,524	2,501	2,549	2,562	2,589	3,060
Intangible Assets	664	645	1,196	1,165	1,136	1,108	1,080	1,091	1,066	1,060	1,366
Other Noncurrent Operating Assets	145	177	197	194	192	206	198	199	203	222	246
Total Liabilities & Shareholders' Equity	5,641	5,768	6,914	6,862	6,872	6,935	6,679	6,922	7,149	7,527	8,418
Total Liabilities	3,010	3,018	4,025	3,919	3,805	3,706	3,396	3,650	3,650	3,834	4,639
Total Current Liabilities	1,070	1,071	1,323	1,349	1,259	1,397	1,274	1,938	1,908	2,054	1,775
Short-Term Debt	1.80	3.30	117	220	111	291	125	816	803	952	536
Accounts Payable	555	555	564	599	587	548	542	546	530	537	606
Accrued Expenses	396	384	444	457	450	438	461	505	470	455	543
Current Employee Benefit Liabilities	117	129	174	74	111	120	146	71	106	111	91
Total Noncurrent Liabilities	1,940	1,946	2,701	2,570	2,547	2,310	2,122	1,712	1,742	1,780	2,864
Long-Term Debt	1,439	1,440	2,023	1,896	1,893	1,640	1,443	1,044	1,044	1,045	2,037
Other Noncurrent Operating Liabilities	501	507	661	675	654	669	680	668	697	735	827
Commitments & Contingencies	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,631	2,751	2,889	2,943	3,066	3,229	3,283	3,272	3,499	3,693	3,779
Total Preferred & Common Equity	2,621	2,739	2,877	2,930	3,053	3,215	3,268	3,261	3,488	3,681	3,769
Total Common Equity	2,621	2,739	2,877	2,930	3,053	3,215	3,268	3,261	3,488	3,681	3,769
Common Stock	2,621	2,739	6.70	2,930	3,053	3,215	3.20	3,261	3,488	3,681	3,769
Noncontrolling Interest	10	11	12	13	14	14	14	11	11	12	11

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
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	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.92%	3.39%	4.67%	22.16%	-11.94%	-6.69%	13.89%	17.97%	8.59%	4.76%	3.84%
EBITDA Growth	-10.17%	5.60%	5.53%	15.50%	-1.96%	-5.56%	6.79%	26.80%	35.68%	10.39%	7.47%
EBIT Growth	-12.90%	5.39%	5.05%	8.47%	-0.56%	-8.22%	7.84%	34.44%	42.94%	5.79%	9.49%
NOPAT Growth	-8.28%	5.96%	-13.66%	49.21%	-5.38%	-5.62%	10.31%	29.69%	45.04%	5.16%	13.08%
Net Income Growth	-13.78%	5.57%	-16.08%	46.50%	11.28%	-12.64%	13.96%	37.67%	36.07%	2.37%	13.66%
EPS Growth	-12.96%	9.85%	-16.22%	48.97%	11.77%	-12.04%	13.22%	38.32%	39.52%	2.28%	14.94%
Operating Cash Flow Growth	-13.31%	21.10%	-7.79%	36.44%	-0.06%	16.66%	-14.80%	23.85%	38.45%	12.53%	3.89%
Free Cash Flow Firm Growth	13.03%	-17.92%	-41.21%	-941.59%	149.30%	213.81%	-62.93%	-22.25%	-212.83%	338.52%	-109.49%
Invested Capital Growth	6.24%	8.22%	8.30%	45.50%	0.97%	-20.40%	-0.23%	7.08%	36.22%	-1.43%	22.82%
Revenue Q/Q Growth	-0.56%	0.70%	1.76%	5.32%	-14.79%	2.09%	15.59%	2.47%	2.41%	-0.20%	2.79%
EBITDA Q/Q Growth	-4.69%	1.99%	2.39%	3.46%	-6.43%	-1.00%	9.38%	4.46%	4.34%	4.25%	4.43%
EBIT Q/Q Growth	-5.81%	2.22%	2.62%	2.06%	-6.54%	-1.42%	10.24%	4.76%	5.14%	3.74%	4.48%
NOPAT Q/Q Growth	-2.72%	0.98%	-16.38%	23.83%	-11.37%	4.15%	10.57%	4.91%	6.54%	2.90%	4.77%
Net Income Q/Q Growth	-5.97%	1.02%	-14.77%	22.32%	3.53%	-5.47%	10.25%	-1.34%	7.59%	3.50%	4.32%
EPS Q/Q Growth	-6.29%	1.75%	-15.25%	23.63%	3.54%	-5.58%	9.97%	-2.04%	9.59%	3.53%	3.83%
Operating Cash Flow Q/Q Growth	-1.99%	-1.08%	2.32%	5.62%	-8.21%	2.66%	17.96%	2.73%	13.26%	9.61%	1.49%
Free Cash Flow Firm Q/Q Growth	4.89%	-16.75%	-54.43%	14.92%	-20.36%	141.05%	171.00%	-71.70%	-170.56%	450.27%	-111.69%
Invested Capital Q/Q Growth	-3.84%	-2.23%	-0.17%	-1.39%	-0.29%	-18.20%	-23.04%	-0.99%	26.65%	-4.50%	13.82%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.20%	31.53%	31.48%	29.02%	29.69%	29.49%	27.46%	29.74%	35.14%	33.83%	35.32%
EBITDA Margin	15.76%	16.10%	16.23%	15.34%	17.08%	17.29%	16.21%	17.42%	21.77%	22.94%	23.77%
Operating Margin	14.00%	13.97%	14.14%	12.43%	13.35%	13.43%	12.69%	14.33%	19.33%	19.39%	20.68%
EBIT Margin	13.25%	13.50%	13.55%	12.03%	13.59%	13.37%	12.66%	14.42%	18.98%	19.17%	20.24%
Profit (Net Income) Margin	8.32%	8.50%	6.81%	8.17%	10.32%	9.66%	9.67%	11.29%	14.14%	13.82%	15.26%
Tax Burden Percent	67.39%	69.19%	56.40%	78.39%	86.83%	83.84%	88.31%	84.99%	77.27%	77.37%	79.70%
Interest Burden Percent	93.21%	90.94%	89.12%	86.59%	87.49%	86.25%	86.53%	92.07%	96.40%	93.16%	94.58%
Effective Tax Rate	32.61%	30.81%	43.60%	21.61%	21.57%	21.15%	19.20%	21.34%	22.10%	22.06%	20.30%
Return on Invested Capital (ROIC)	14.65%	14.48%	11.54%	13.50%	10.72%	11.21%	13.97%	17.52%	20.80%	19.11%	19.01%
ROIC Less NNEP Spread (ROIC-NNEP)	3.56%	8.30%	6.85%	8.83%	10.43%	8.88%	11.30%	17.59%	16.89%	13.77%	14.02%
Return on Net Nonoperating Assets (RNNOA)	0.66%	3.29%	3.83%	7.75%	10.95%	6.38%	4.78%	6.70%	8.09%	6.10%	5.53%
Return on Equity (ROE)	15.31%	17.77%	15.37%	21.24%	21.67%	17.59%	18.75%	24.22%	28.89%	25.20%	24.54%
Cash Return on Invested Capital (CROIC)	8.60%	6.58%	3.57%	-23.57%	9.76%	33.93%	14.21%	10.68%	-9.86%	20.55%	-1.48%
Operating Return on Assets (OROA)	13.76%	14.06%	13.72%	12.55%	10.97%	9.86%	10.24%	13.36%	16.56%	15.88%	15.70%
Return on Assets (ROA)	8.64%	8.85%	6.90%	8.52%	8.34%	7.13%	7.83%	10.45%	12.34%	11.44%	11.83%
Return on Common Equity (ROCE)	15.24%	17.67%	15.26%	21.05%	21.49%	17.47%	18.64%	24.11%	28.77%	25.10%	24.46%
Return on Equity Simple (ROE_SIMPLE)	16.21%	18.70%	15.29%	20.56%	20.92%	17.19%	18.19%	23.65%	26.41%	23.80%	0.00%
Net Operating Profit after Tax (NOPAT)	320	339	293	437	413	390	430	558	809	851	963
NOPAT Margin	9.43%	9.67%	7.98%	9.74%	10.47%	10.59%	10.25%	11.27%	15.06%	15.12%	16.48%
Net Nonoperating Expense Percent (NNEP)	11.09%	6.18%	4.70%	4.66%	0.29%	2.34%	2.67%	-0.07%	3.91%	5.34%	4.99%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	14.63%	16.08%	17.54%	15.58%
Cost of Revenue to Revenue	67.80%	68.47%	68.52%	70.98%	70.31%	70.51%	72.54%	70.26%	64.86%	66.17%	64.68%
SG&A Expenses to Revenue	18.20%	17.55%	17.34%	16.59%	16.34%	16.06%	14.76%	15.41%	15.81%	14.44%	14.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.20%	17.55%	17.34%	16.59%	16.34%	16.26%	14.76%	15.41%	15.81%	14.44%	14.63%
Earnings before Interest and Taxes (EBIT)	449	473	497	539	536	492	531	714	1,020	1,079	1,183
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	534	564	595	688	674	637	680	862	1,170	1,291	1,389
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.77	3.43	3.92	2.71	3.77	3.85	4.87	5.19	6.06	6.88	6.13
Price to Tangible Book Value (P/TBV)	10.96	32.05	75.60	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.42	1.56	1.75	1.08	1.86	2.17	2.59	2.48	3.24	3.99	4.04
Price to Earnings (P/E)	17.39	18.63	26.37	13.42	18.32	22.71	27.16	22.44	23.12	29.12	26.61
Dividend Yield	2.77%	2.63%	2.45%	3.57%	2.54%	2.52%	2.00%	1.87%	1.41%	1.19%	1.21%
Earnings Yield	5.75%	5.37%	3.79%	7.45%	5.46%	4.40%	3.68%	4.46%	4.33%	3.43%	3.76%
Enterprise Value to Invested Capital (EV/IC)	2.37	2.59	2.81	1.80	2.39	3.00	3.88	4.00	4.27	5.35	4.54
Enterprise Value to Revenue (EV/Rev)	1.57	1.80	2.02	1.54	2.35	2.51	2.85	2.66	3.56	4.20	4.34
Enterprise Value to EBITDA (EV/EBITDA)	9.98	11.17	12.45	10.01	13.75	14.52	17.56	15.29	16.37	18.30	18.24
Enterprise Value to EBIT (EV/EBIT)	11.87	13.31	14.91	12.77	17.29	18.78	22.50	18.48	18.77	21.90	21.42
Enterprise Value to NOPAT (EV/NOPAT)	16.67	18.59	25.33	15.78	22.44	23.71	27.77	23.64	23.67	27.78	26.30
Enterprise Value to Operating Cash Flow (EV/OCF)	15.70	15.33	19.56	13.32	17.94	15.33	23.25	20.72	21.74	23.84	24.61
Enterprise Value to Free Cash Flow (EV/FCFF)	28.39	40.88	81.81	0.00	24.66	7.84	27.31	38.78	0.00	25.83	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.52	0.83	0.87	1.27	1.10	0.76	0.65	0.61	0.74	0.48	0.60
Long-Term Debt to Equity	0.49	0.83	0.83	1.24	1.07	0.69	0.64	0.61	0.70	0.44	0.53
Financial Leverage	0.18	0.40	0.56	0.88	1.05	0.72	0.42	0.38	0.48	0.44	0.39
Leverage Ratio	1.77	2.01	2.23	2.49	2.60	2.47	2.40	2.32	2.34	2.20	2.07
Compound Leverage Factor	1.65	1.83	1.99	2.16	2.27	2.13	2.07	2.13	2.26	2.05	1.96
Debt to Total Capital	34.09%	45.44%	46.54%	56.01%	52.46%	43.26%	39.21%	37.83%	42.56%	32.33%	37.61%
Short-Term Debt to Total Capital	1.82%	0.11%	2.21%	1.37%	1.59%	4.17%	0.26%	0.12%	2.33%	2.59%	4.68%
Long-Term Debt to Total Capital	32.28%	45.33%	44.33%	54.63%	50.87%	39.10%	38.95%	37.71%	40.22%	29.74%	32.93%
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%	0.00%
Noncontrolling Interests to Total Capital	0.32%	0.35%	0.44%	0.45%	0.33%	0.42%	0.30%	0.25%	0.24%	0.30%	0.16%
Common Equity to Total Capital	65.59%	54.20%	53.01%	43.55%	47.22%	56.32%	60.50%	61.91%	57.20%	67.38%	62.23%
Debt to EBITDA	1.69	2.37	2.41	3.33	3.21	2.50	2.13	1.67	1.83	1.21	1.67
Net Debt to EBITDA	0.94	1.47	1.66	2.96	2.83	1.96	1.59	1.07	1.47	0.88	1.24
Long-Term Debt to EBITDA	1.60	2.36	2.30	3.25	3.11	2.26	2.11	1.67	1.73	1.12	1.47
Debt to NOPAT	2.83	3.94	4.90	5.25	5.24	4.08	3.36	2.59	2.65	1.84	2.41
Net Debt to NOPAT	1.56	2.45	3.38	4.66	4.63	3.21	2.51	1.65	2.12	1.34	1.79
Long-Term Debt to NOPAT	2.68	3.93	4.67	5.12	5.08	3.69	3.34	2.58	2.50	1.70	2.11
Altman Z-Score	4.62	4.22	4.28	3.02	3.49	3.45	4.13	4.68	4.65	6.26	5.29
Noncontrolling Interest Sharing Ratio	0.48%	0.56%	0.74%	0.93%	0.84%	0.71%	0.61%	0.45%	0.42%	0.43%	0.34%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.30	2.63	2.27	1.96	1.86	1.67	1.76	1.86	1.64	1.64	1.72
Quick Ratio	1.36	1.66	1.32	1.10	1.04	0.87	0.91	1.10	0.86	0.86	0.90
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	188	154	91	-762	376	1,180	437	340	-384	915	-75
Operating Cash Flow to CapEx	444.24%	728.72%	618.27%	578.41%	596.08%	728.14%	569.51%	492.03%	531.56%	549.45%	663.96%
Free Cash Flow to Firm to Interest Expense	6.06	3.55	1.65	-10.53	5.48	19.63	6.12	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	10.95	9.47	6.89	7.14	7.53	10.03	7.18	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	8.48	8.17	5.78	5.91	6.27	8.65	5.92	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.04	1.04	1.01	1.04	0.81	0.74	0.81	0.93	0.87	0.83	0.78
Accounts Receivable Turnover	7.24	7.03	6.86	7.08	5.60	5.96	6.83	6.98	7.04	7.30	7.25
Inventory Turnover	4.68	4.48	4.31	4.95	4.32	4.48	5.12	4.96	4.43	4.45	3.61
Fixed Asset Turnover	8.26	8.16	8.17	9.33	7.84	7.80	9.34	10.02	9.10	8.16	7.46
Accounts Payable Turnover	8.62	8.26	8.13	8.83	7.49	7.56	6.98	6.54	6.37	6.74	6.80
Days Sales Outstanding (DSO)	50.41	51.89	53.24	51.54	65.13	61.27	53.46	52.26	51.87	49.98	50.36
Days Inventory Outstanding (DIO)	77.95	81.54	84.73	73.76	84.44	81.51	71.31	73.64	82.41	82.06	101.10
Days Payable Outstanding (DPO)	42.36	44.19	44.88	41.32	48.76	48.28	52.30	55.79	57.26	54.16	53.69
Cash Conversion Cycle (CCC)	86.00	89.25	93.10	83.98	100.81	94.50	72.46	70.12	77.02	77.88	97.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,249	2,433	2,635	3,834	3,872	3,082	3,075	3,293	4,485	4,421	5,587
Invested Capital Turnover	1.55	1.50	1.45	1.39	1.02	1.06	1.36	1.55	1.38	1.26	1.15
Increase / (Decrease) in Invested Capital	132	185	202	1,199	37	-790	-7.20	218	1,193	-64	1,038
Enterprise Value (EV)	5,330	6,300	7,412	6,887	9,270	9,243	11,942	13,184	19,149	23,635	25,341
Market Capitalization	4,822	5,459	6,410	4,833	7,346	7,977	10,851	12,252	17,420	22,482	23,602
Book Value per Share	$30.07	$28.77	$29.87	$32.55	$35.80	$38.17	$40.98	$43.96	$53.65	$60.90	$72.40
Tangible Book Value per Share	$7.60	$3.08	$1.55	($15.05)	($11.88)	($10.58)	($5.94)	($5.20)	($15.90)	($5.82)	($11.43)
Total Capital	2,654	2,939	3,083	4,089	4,124	3,675	3,686	3,813	5,030	4,851	6,183
Total Debt	905	1,335	1,435	2,290	2,163	1,590	1,445	1,443	2,141	1,568	2,325
Total Long-Term Debt	857	1,332	1,367	2,234	2,098	1,437	1,436	1,438	2,023	1,443	2,036
Net Debt	500	830	988	2,036	1,911	1,251	1,081	922	1,716	1,138	1,729
Capital Expenditures (CapEx)	76	56	61	89	87	83	90	129	166	180	155
Debt-free, Cash-free Net Working Capital (DFCFNWC)	477	516	577	662	599	525	528	483	613	596	877
Debt-free Net Working Capital (DFNWC)	833	965	966	861	795	793	824	938	961	941	1,374
Net Working Capital (NWC)	785	962	898	804	729	639	814	933	844	815	1,085
Net Nonoperating Expense (NNE)	38	41	43	70	5.70	34	24	-0.62	49	73	71
Net Nonoperating Obligations (NNO)	500	830	988	2,036	1,911	997	834	922	1,596	1,138	1,729
Total Depreciation and Amortization (D&A)	85	91	98	148	138	145	149	149	150	212	206
Debt-free, Cash-free Net Working Capital to Revenue	14.08%	14.72%	15.72%	14.78%	15.17%	14.25%	12.59%	9.76%	11.40%	10.58%	15.00%
Debt-free Net Working Capital to Revenue	24.57%	27.53%	26.33%	19.20%	20.14%	21.52%	19.64%	18.95%	17.89%	16.71%	23.52%
Net Working Capital to Revenue	23.14%	27.44%	24.48%	17.95%	18.48%	17.36%	19.41%	18.85%	15.70%	14.48%	18.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.79	$5.26	$4.42	$6.57	$7.35	$6.46	$7.33	$10.13	$14.14	$14.46	$16.63
Adjusted Weighted Average Basic Shares Outstanding	56.74M	55.45M	54.82M	54.60M	54.43M	54.30M	54.41M	53.60M	53.63M	53.67M	53.16M
Adjusted Diluted Earnings per Share	$4.77	$5.24	$4.39	$6.54	$7.31	$6.43	$7.28	$10.07	$14.05	$14.37	$16.54
Adjusted Weighted Average Diluted Shares Outstanding	56.74M	55.45M	54.82M	54.60M	54.43M	54.30M	54.41M	53.60M	53.63M	53.67M	53.16M
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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	56.74M	55.45M	54.82M	54.60M	54.43M	54.30M	54.41M	53.60M	53.63M	53.67M	53.16M
Normalized Net Operating Profit after Tax (NOPAT)	320	339	293	437	413	390	430	558	809	851	963
Normalized NOPAT Margin	9.43%	9.67%	7.98%	9.74%	10.47%	10.59%	10.25%	11.27%	15.06%	15.12%	16.48%
Pre Tax Income Margin	12.35%	12.28%	12.08%	10.42%	11.89%	11.53%	10.95%	13.28%	18.30%	17.86%	19.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	14.49	10.91	9.04	7.45	7.82	8.19	7.42	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	10.32	7.81	5.32	6.03	6.02	6.49	6.02	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	12.02	9.61	7.93	6.21	6.55	6.81	6.16	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	7.85	6.51	4.21	4.80	4.76	5.11	4.75	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	49.17%	49.29%	64.47%	48.13%	45.80%	56.59%	53.48%	41.12%	32.31%	34.37%	32.13%
Augmented Payout Ratio	77.21%	132.17%	101.48%	59.05%	54.39%	68.19%	56.24%	73.71%	36.26%	39.51%	57.36%

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	53,161,602.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	53,161,602.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	3.42
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.53%	10.35%	8.85%	6.34%	4.86%	-0.85%	-2.42%	2.19%	4.15%	11.87%	11.10%
EBITDA Growth	27.95%	23.09%	0.75%	9.28%	11.95%	20.30%	-0.71%	6.63%	4.97%	19.18%	17.13%
EBIT Growth	33.46%	29.42%	-9.07%	6.01%	9.31%	17.72%	5.03%	8.06%	5.73%	20.01%	14.79%
NOPAT Growth	29.85%	36.60%	-12.88%	5.70%	14.05%	12.84%	9.87%	11.35%	10.44%	21.36%	13.85%
Net Income Growth	43.47%	47.60%	-18.70%	3.36%	9.41%	15.82%	14.69%	12.05%	12.69%	15.90%	11.25%
EPS Growth	43.97%	63.73%	-18.99%	3.14%	9.46%	15.51%	15.38%	13.72%	14.11%	17.00%	12.54%
Operating Cash Flow Growth	-11.70%	42.53%	-18.91%	5.23%	17.07%	25.15%	-59.44%	8.76%	25.24%	3.49%	131.55%
Free Cash Flow Firm Growth	-100.61%	-1,129.65%	-21,072.00%	-1,052.96%	-16,567.65%	127.18%	108.36%	99.28%	99.21%	-683.52%	-1,196.53%
Invested Capital Growth	6.49%	36.22%	34.26%	31.16%	30.72%	-1.43%	2.23%	5.85%	6.04%	22.82%	22.42%
Revenue Q/Q Growth	0.72%	-2.18%	3.96%	3.82%	-0.68%	-7.51%	2.32%	8.72%	1.22%	-0.65%	1.61%
EBITDA Q/Q Growth	-2.97%	-16.53%	8.99%	23.80%	-0.60%	-10.30%	-10.04%	34.88%	-1.08%	-4.68%	-10.66%
EBIT Q/Q Growth	-3.60%	-19.54%	1.37%	34.83%	-0.60%	-13.35%	-9.56%	41.08%	-1.52%	-9.12%	-12.44%
NOPAT Q/Q Growth	-3.76%	-11.85%	-8.88%	36.75%	3.84%	-12.79%	-11.28%	40.94%	4.14%	-11.02%	-15.87%
Net Income Q/Q Growth	-2.98%	-17.72%	-11.30%	44.33%	2.70%	-12.90%	-11.17%	43.57%	4.56%	-14.80%	-16.32%
EPS Q/Q Growth	-3.14%	-14.59%	-13.61%	44.32%	2.79%	-9.88%	-13.70%	44.76%	4.61%	-14.88%	-16.01%
Operating Cash Flow Q/Q Growth	-14.84%	78.18%	-73.31%	159.87%	-5.26%	90.48%	-91.35%	596.79%	9.09%	57.40%	-80.65%
Free Cash Flow Firm Q/Q Growth	93.16%	-19,696.87%	0.66%	14.30%	1.11%	132.28%	-69.43%	-107.37%	-7.20%	-11,934.46%	-6.38%
Invested Capital Q/Q Growth	1.36%	26.65%	2.18%	-0.02%	1.03%	-4.50%	5.98%	3.53%	1.20%	13.82%	2.66%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.43%	33.90%	32.00%	35.02%	34.46%	33.77%	33.05%	37.20%	36.23%	34.60%	33.32%
EBITDA Margin	22.56%	19.25%	20.18%	24.07%	24.09%	23.36%	20.54%	25.48%	24.90%	23.89%	21.01%
Operating Margin	20.08%	16.76%	16.33%	20.74%	21.06%	19.34%	17.51%	22.66%	22.00%	20.29%	17.39%
EBIT Margin	19.83%	16.31%	15.90%	20.65%	20.67%	19.37%	17.12%	22.21%	21.61%	19.77%	17.04%
Profit (Net Income) Margin	14.68%	12.35%	10.66%	14.82%	15.32%	14.43%	12.53%	16.54%	17.09%	14.65%	12.07%
Tax Burden Percent	76.23%	79.33%	74.03%	76.80%	79.07%	78.83%	77.76%	77.89%	82.51%	80.14%	77.41%
Interest Burden Percent	97.14%	95.44%	90.52%	93.40%	93.73%	94.50%	94.10%	95.60%	95.81%	92.48%	91.49%
Effective Tax Rate	23.77%	17.71%	25.97%	23.20%	20.93%	18.84%	22.24%	22.11%	17.49%	19.86%	22.59%
Return on Invested Capital (ROIC)	23.39%	19.06%	16.59%	21.98%	22.99%	19.84%	16.44%	21.05%	21.65%	18.75%	15.49%
ROIC Less NNEP Spread (ROIC-NNEP)	22.43%	17.51%	15.03%	20.63%	21.24%	18.60%	15.46%	19.91%	20.42%	17.08%	14.24%
Return on Net Nonoperating Assets (RNNOA)	7.88%	8.38%	7.12%	8.61%	7.78%	8.24%	7.59%	8.69%	7.72%	6.74%	6.80%
Return on Equity (ROE)	31.28%	27.44%	23.71%	30.59%	30.77%	28.08%	24.03%	29.75%	29.37%	25.49%	22.30%
Cash Return on Invested Capital (CROIC)	15.83%	-9.86%	-9.63%	-7.22%	-6.39%	20.55%	16.50%	13.26%	13.42%	-1.48%	-1.19%
Operating Return on Assets (OROA)	18.73%	14.23%	14.14%	18.40%	18.36%	16.04%	13.90%	17.83%	17.00%	15.33%	13.32%
Return on Assets (ROA)	13.87%	10.77%	9.47%	13.20%	13.60%	11.95%	10.17%	13.27%	13.44%	11.36%	9.43%
Return on Common Equity (ROCE)	31.14%	27.33%	12.81%	30.46%	30.64%	27.96%	23.94%	29.63%	29.26%	25.41%	22.23%
Return on Equity Simple (ROE_SIMPLE)	25.78%	0.00%	24.76%	24.00%	23.37%	0.00%	24.52%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	211	186	169	231	240	209	186	262	273	243	204
NOPAT Margin	15.31%	13.79%	12.09%	15.93%	16.65%	15.70%	13.61%	17.65%	18.16%	16.26%	13.46%
Net Nonoperating Expense Percent (NNEP)	0.96%	1.55%	1.56%	1.36%	1.75%	1.24%	0.97%	1.15%	1.23%	1.68%	1.26%
Return On Investment Capital (ROIC_SIMPLE)	-	3.69%	-	-	-	4.32%	3.62%	4.90%	4.79%	3.93%	3.21%
Cost of Revenue to Revenue	64.57%	66.10%	68.00%	64.98%	65.54%	66.23%	66.95%	62.80%	63.77%	65.40%	66.68%
SG&A Expenses to Revenue	15.34%	17.13%	15.67%	14.29%	13.40%	14.43%	15.54%	14.54%	14.22%	14.31%	15.92%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.34%	17.13%	15.67%	14.29%	13.40%	14.43%	15.54%	14.54%	14.22%	14.31%	15.92%
Earnings before Interest and Taxes (EBIT)	273	220	223	300	298	258	234	330	325	295	258
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	310	259	282	350	348	312	280	378	374	357	319
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.05	6.06	7.57	6.43	7.15	6.88	5.45	6.25	6.21	6.13	6.92
Price to Tangible Book Value (P/TBV)	166.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	701.43	0.00	0.00
Price to Revenue (P/Rev)	3.16	3.24	4.04	3.52	4.08	3.99	3.17	3.87	4.02	4.04	4.35
Price to Earnings (P/E)	23.91	23.12	30.84	27.02	30.84	29.12	22.37	26.56	26.90	26.61	28.80
Dividend Yield	1.45%	1.41%	1.13%	1.31%	1.14%	1.19%	1.54%	1.27%	1.23%	1.21%	1.12%
Earnings Yield	4.18%	4.33%	3.24%	3.70%	3.24%	3.43%	4.47%	3.77%	3.72%	3.76%	3.47%
Enterprise Value to Invested Capital (EV/IC)	4.91	4.27	5.20	4.62	5.27	5.35	4.09	4.78	4.91	4.54	4.89
Enterprise Value to Revenue (EV/Rev)	3.31	3.56	4.34	3.80	4.33	4.20	3.43	4.12	4.24	4.34	4.68
Enterprise Value to EBITDA (EV/EBITDA)	15.50	16.37	20.34	17.60	19.71	18.30	14.88	17.64	18.11	18.24	19.54
Enterprise Value to EBIT (EV/EBIT)	17.92	18.77	23.89	20.84	23.47	21.90	17.59	20.77	21.28	21.42	23.06
Enterprise Value to NOPAT (EV/NOPAT)	22.89	23.67	30.39	26.54	29.52	27.78	22.13	25.92	26.20	26.30	28.39
Enterprise Value to Operating Cash Flow (EV/OCF)	22.35	21.74	27.74	24.28	26.99	23.84	20.49	24.19	23.74	24.61	26.00
Enterprise Value to Free Cash Flow (EV/FCFF)	31.97	0.00	0.00	0.00	0.00	25.83	25.08	37.02	37.64	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.52	0.74	0.72	0.65	0.60	0.48	0.57	0.53	0.54	0.60	0.68
Long-Term Debt to Equity	0.52	0.70	0.64	0.62	0.51	0.44	0.32	0.30	0.28	0.53	0.54
Financial Leverage	0.35	0.48	0.47	0.42	0.37	0.44	0.49	0.44	0.38	0.39	0.48
Leverage Ratio	2.19	2.34	2.27	2.20	2.12	2.20	2.22	2.14	2.09	2.07	2.18
Compound Leverage Factor	2.12	2.23	2.06	2.05	1.99	2.08	2.09	2.04	2.00	1.92	1.99
Debt to Total Capital	34.41%	42.56%	41.82%	39.51%	37.43%	32.33%	36.24%	34.55%	35.09%	37.61%	40.51%
Short-Term Debt to Total Capital	0.08%	2.33%	4.34%	2.18%	5.64%	2.59%	15.90%	15.02%	16.72%	4.68%	8.44%
Long-Term Debt to Total Capital	34.33%	40.22%	37.48%	37.34%	31.79%	29.74%	20.34%	19.54%	18.36%	32.93%	32.07%
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%	0.00%
Noncontrolling Interests to Total Capital	0.27%	0.24%	0.25%	0.27%	0.27%	0.30%	0.21%	0.21%	0.21%	0.16%	0.17%
Common Equity to Total Capital	65.32%	57.20%	57.93%	60.22%	62.30%	67.38%	63.55%	65.24%	64.71%	62.23%	59.33%
Debt to EBITDA	1.29	1.83	1.81	1.67	1.56	1.21	1.44	1.41	1.50	1.67	1.79
Net Debt to EBITDA	0.71	1.47	1.40	1.26	1.13	0.88	1.10	1.03	0.91	1.24	1.36
Long-Term Debt to EBITDA	1.28	1.73	1.62	1.58	1.32	1.12	0.81	0.80	0.79	1.47	1.42
Debt to NOPAT	1.90	2.65	2.70	2.51	2.34	1.84	2.15	2.07	2.17	2.41	2.60
Net Debt to NOPAT	1.04	2.12	2.09	1.90	1.69	1.34	1.63	1.51	1.32	1.79	1.98
Long-Term Debt to NOPAT	1.90	2.50	2.42	2.37	1.98	1.70	1.20	1.17	1.14	2.11	2.06
Altman Z-Score	4.62	4.27	4.46	4.23	4.84	5.85	3.90	4.62	4.59	4.93	4.33
Noncontrolling Interest Sharing Ratio	0.45%	0.42%	46.00%	0.42%	0.42%	0.43%	0.38%	0.38%	0.37%	0.34%	0.30%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.16	1.64	1.66	1.81	1.66	1.64	1.17	1.30	1.36	1.72	1.58
Quick Ratio	1.35	0.86	0.94	1.03	0.96	0.86	0.65	0.68	0.77	0.90	0.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-5.09	-1,007	-1,000	-857	-848	274	84	-6.17	-6.61	-795	-846
Operating Cash Flow to CapEx	555.59%	558.16%	228.78%	706.78%	594.24%	635.88%	143.85%	653.13%	932.13%	762.35%	213.30%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-47.41	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	4.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	2.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.94	0.87	0.89	0.89	0.89	0.83	0.81	0.80	0.79	0.78	0.78
Accounts Receivable Turnover	6.35	7.04	6.68	6.54	6.45	7.30	6.33	6.28	6.30	7.25	6.39
Inventory Turnover	4.51	4.43	4.44	4.45	4.55	4.45	4.36	3.90	3.89	3.61	3.89
Fixed Asset Turnover	9.99	9.10	9.14	9.05	8.92	8.16	8.01	7.92	7.80	7.46	7.60
Accounts Payable Turnover	6.13	6.37	6.29	6.44	6.77	6.74	6.44	6.59	6.83	6.80	6.72
Days Sales Outstanding (DSO)	57.51	51.87	54.68	55.81	56.55	49.98	57.66	58.16	57.92	50.36	57.11
Days Inventory Outstanding (DIO)	80.84	82.41	82.25	82.01	80.16	82.06	83.71	93.52	93.85	101.10	93.78
Days Payable Outstanding (DPO)	59.52	57.26	58.00	56.71	53.92	54.16	56.64	55.35	53.44	53.69	54.30
Cash Conversion Cycle (CCC)	78.83	77.02	78.93	81.11	82.79	77.88	84.73	96.33	98.33	97.77	96.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,541	4,485	4,583	4,582	4,629	4,421	4,685	4,850	4,909	5,587	5,736
Invested Capital Turnover	1.53	1.38	1.37	1.38	1.38	1.26	1.21	1.19	1.19	1.15	1.15
Increase / (Decrease) in Invested Capital	216	1,193	1,170	1,089	1,088	-64	102	268	279	1,038	1,050
Enterprise Value (EV)	17,382	19,149	23,839	21,151	24,408	23,635	19,183	23,161	24,094	25,341	28,055
Market Capitalization	16,580	17,420	22,186	19,621	22,994	22,482	17,759	21,798	22,867	23,602	26,089
Book Value per Share	$51.07	$53.65	$54.58	$56.86	$59.89	$60.90	$60.77	$65.35	$69.28	$72.40	$70.89
Tangible Book Value per Share	$1.86	($15.90)	($14.29)	($11.12)	($7.77)	($5.82)	($7.05)	($2.63)	$0.61	($11.43)	($12.36)
Total Capital	4,194	5,030	5,059	5,070	5,160	4,851	5,132	5,346	5,689	6,183	6,352
Total Debt	1,443	2,141	2,115	2,003	1,932	1,568	1,860	1,847	1,996	2,325	2,573
Total Long-Term Debt	1,440	2,023	1,896	1,893	1,640	1,443	1,044	1,044	1,045	2,036	2,037
Net Debt	791	1,716	1,640	1,516	1,400	1,138	1,413	1,352	1,216	1,729	1,956
Capital Expenditures (CapEx)	35	62	40	34	38	68	26	40	31	59	41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	660	613	703	720	768	596	779	971	1,006	877	1,047
Debt-free Net Working Capital (DFNWC)	1,250	961	1,104	1,127	1,214	941	1,140	1,371	1,687	1,374	1,563
Net Working Capital (NWC)	1,247	844	884	1,016	922	815	324	568	736	1,085	1,027
Net Nonoperating Expense (NNE)	8.61	19	20	16	19	17	15	16	16	24	21
Net Nonoperating Obligations (NNO)	791	1,596	1,640	1,516	1,400	1,138	1,413	1,352	1,216	1,729	1,956
Total Depreciation and Amortization (D&A)	38	40	60	50	49	53	47	49	49	62	60
Debt-free, Cash-free Net Working Capital to Revenue	12.57%	11.40%	12.82%	12.92%	13.62%	10.58%	13.93%	17.26%	17.70%	15.00%	17.45%
Debt-free Net Working Capital to Revenue	23.83%	17.89%	20.11%	20.22%	21.52%	16.71%	20.37%	24.36%	29.67%	23.52%	26.07%
Net Working Capital to Revenue	23.77%	15.70%	16.11%	18.23%	16.35%	14.48%	5.78%	10.10%	12.94%	18.57%	17.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.72	$3.18	$2.75	$3.97	$4.08	$3.66	$3.16	$4.58	$4.80	$4.09	$3.42
Adjusted Weighted Average Basic Shares Outstanding	53.62M	53.63M	53.69M	53.68M	53.67M	53.67M	53.37M	53.14M	53.14M	53.16M	52.84M
Adjusted Diluted Earnings per Share	$3.70	$3.16	$2.73	$3.94	$4.05	$3.65	$3.15	$4.56	$4.77	$4.06	$3.41
Adjusted Weighted Average Diluted Shares Outstanding	53.62M	53.63M	53.69M	53.68M	53.67M	53.67M	53.37M	53.14M	53.14M	53.16M	52.84M
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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	53.62M	53.63M	53.69M	53.68M	53.67M	53.67M	53.37M	53.14M	53.14M	53.16M	52.84M
Normalized Net Operating Profit after Tax (NOPAT)	211	186	169	231	240	209	186	262	273	243	204
Normalized NOPAT Margin	15.31%	13.79%	12.09%	15.93%	16.65%	15.70%	13.61%	17.65%	18.16%	16.26%	13.46%
Pre Tax Income Margin	19.26%	15.57%	14.40%	19.29%	19.37%	18.30%	16.11%	21.24%	20.71%	18.28%	15.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	10.55	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	8.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	8.64	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	6.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	34.00%	32.31%	34.60%	35.00%	34.85%	34.37%	34.08%	33.56%	32.97%	32.13%	32.00%
Augmented Payout Ratio	42.78%	36.26%	37.35%	39.10%	38.84%	39.51%	53.46%	63.21%	60.46%	57.36%	61.38%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for Hubbell (HUBB) based on the latest four years of quarterly data. The bullets highlight what appears to be working well, what is ongoing, and potential areas of concern for investors.

Revenue growth: In 2025, quarterly revenue trended around 1.48–1.50 billion, with Q4 2025 at 1,492.7 million versus Q4 2024 at 1,334.3 million, indicating solid top-line expansion year over year.
Operating margin stability/strength: 2025 saw operating margins in the roughly 20–22% range in the latter half of the year (Q2 2025 ≈ 22.6%, Q3 2025 ≈ 22.0%, Q4 2025 ≈ 20.3%), suggesting sustained profitability from core operations even as volumes rise.
Cash flow from operations: Q4 2025 showed robust cash from continuing operations at about 447.5 million, with meaningful quarterly gains in Q2–Q4 2025 (roughly 260–447 million across those quarters), underscoring strong cash generation.
Liquidity position: Balance-sheet liquidity remained solid in 2025, with cash and equivalents around 0.67 billion in late 3Q2025, total current assets near 2.79 billion, and total current liabilities around 2.05 billion, yielding a healthy current ratio roughly 1.36.
Capital allocation to growth: In 2025, financing activity contributed positive cash flow in Q4 (net financing cash flow around +246 million) while the company pursued large acquisitions (e.g., acquisitions of about 829 million in Q4 2025), signaling an active growth strategy funded by new financing.
SG&A discipline: Selling, General & Administrative expenses remained relatively stable as a percentage of revenue across quarters in 2025 (roughly mid-teens as a percent of revenue), indicating cost control even as top-line growth accelerates.
Earnings per share volatility: Quarterly EPS fluctuated in 2025 (e.g., diluted EPS around the low-to-mid 4s range, with some quarters lower/higher depending on mix and share count), suggesting timing and one-time effects can influence quarterly results.
Acquisitions drive near-term cash outflows: Q4 2025 included large acquisitions (~829 million) and net cash from investing activities was substantially negative (~-879 million), which presses cash reserves in the near term.
Near-term cash impact of investing: The heavy cash outflow in investing activities, combined with positive but variable operating cash flow, led to a negative net change in cash for Q4 2025 (~-184.6 million), highlighting liquidity sensitivity if operating cash flow slows.
Leverage considerations: Total debt sits near 2.0 billion (short-term plus long-term), against cash around 0.67 billion, implying a net debt position of roughly 1.3 billion and indicating leverage risk if earnings or cash flows disappoint.

05/23/26 12:54 PM ETAI Generated. May Contain Errors.

Hubbell Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Hubbell's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Hubbell's net income appears to be on an upward trend, with a most recent value of $891.90 million in 2025, rising from $282.10 million in 2015. The previous period was $784.70 million in 2024. Find out what analysts predict for Hubbell in the coming months.

Hubbell's total operating income in 2025 was $1.21 billion, based on the following breakdown:

Total Gross Profit: $2.06 billion
Total Operating Expenses: $855.30 million

Over the last 10 years, Hubbell's total revenue changed from $3.39 billion in 2015 to $5.84 billion in 2025, a change of 72.4%.

Hubbell's total liabilities were at $4.37 billion at the end of 2025, a 27.2% increase from 2024, and a 199.4% increase since 2015.

In the past 10 years, Hubbell's cash and equivalents has ranged from $182 million in 2019 to $482.50 million in 2025, and is currently $482.50 million as of their latest financial filing in 2025.

Over the last 10 years, Hubbell's book value per share changed from 30.07 in 2015 to 72.40 in 2025, a change of 140.8%.

Related Companies

Financial statements for NYSE:HUBB last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Hubbell (HUBB) Financials

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