Industrials · Electrical Equipment & Parts
Price
$520.35
Market Cap
$27.5B
Employees
18,000
Beta
0.91
Avg Volume
623,119
CEO
Gerben W. Bakker
Business Description
Hubbell Incorporated, together with its subsidiaries, manufactures and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Utility Solution segment offers critical components that allow the grid to transmit and distribute energy, as well as the communications and controls technologies, including utility transmission and distribution components, such as arresters, insulators, connectors, anchors, bushings, enclosures, cutouts, and switches; and solutions that serve the edge of the utility infrastructure comprising smart meters, communications systems, and protection and control devices. It sells its products under various brands and/or trademarks to the electrical distribution, substation and transmission markets, as well as markets for grid protection and controls, utility meters and advanced metering infrastructure and telcom and gas distribution markets. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, and residential product-oriented internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The company was founded in 1888 and is headquartered in Shelton, Connecticut.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
31.29
Stock Price: $520.35
EPS (Diluted): 16.63
EPS (Diluted): 16.63
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
6.14
Stock Price: $520.35
Total Equity: $3.85B
Shares: 53,564,000
Total Equity: $3.85B
Shares: 53,564,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
19.17
Market Cap: $27.50B
Total Debt: $2.49B
Cash: $482.50M
EBITDA: $1.34B
Total Debt: $2.49B
Cash: $482.50M
EBITDA: $1.34B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$25.8B
Market Cap: $27.50B
Total Debt: $2.49B
Cash: $482.50M
Total Debt: $2.49B
Cash: $482.50M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
35.5%
Gross Profit: $2.07B
Revenue: $5.84B
Revenue: $5.84B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
20.8%
Operating Income: $1.22B
Revenue: $5.84B
Revenue: $5.84B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
15.2%
Net Income: $887.10M
Revenue: $5.84B
Revenue: $5.84B
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
23.1%
Net Income: $887.10M
Total Equity: $3.85B
Total Equity: $3.85B
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
16.6%
Operating Income: $1.22B
Tax Rate: 20.3%
Equity: $3.85B
Total Debt: $2.49B
Cash: $482.50M
Tax Rate: 20.3%
Equity: $3.85B
Total Debt: $2.49B
Cash: $482.50M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.72
Current Assets: $2.59B
Current Liabilities: $1.51B
Current Liabilities: $1.51B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.65
Short-Term Debt: $329.80M
Long-Term Debt: $2.16B
Total Debt: $2.49B
Total Equity: $3.85B
Long-Term Debt: $2.16B
Total Debt: $2.49B
Total Equity: $3.85B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$109.11
Revenue: $5.84B
Shares: 53,564,000
Shares: 53,564,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$71.84
Total Equity: $3.85B
Shares: 53,564,000
Shares: 53,564,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$16.33
Operating CF: $1.03B
CapEx: -$155.10M
Shares: 53,564,000
CapEx: -$155.10M
Shares: 53,564,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.2%
Last Dividend: N/A
Stock Price: $520.35
Stock Price: $520.35
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $887.10M
Net Income: $887.10M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares HUBB against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 7:28pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.9B | $5.4B | $5.6B | $5.8B |
| Cost of Revenue | $3.0B | $3.5B | $3.5B | $3.7B | $3.8B |
| Gross Profit | $1.2B | $1.5B | $1.9B | $1.9B | $2.1B |
| Operating Expenses | $619.2M | $762.5M | $849.6M | $812.5M | $855.3M |
| Operating Income | $532.3M | $709.1M | $1.0B | $1.1B | $1.2B |
| Net Income | $399.5M | $545.9M | $759.8M | $777.8M | $887.1M |
| EBITDA | $663.1M | $855.1M | $1.2B | $1.3B | $1.3B |
| EPS | $7.34 | $9.49 | $14.14 | $14.46 | $16.63 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:28pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $286.2M | $440.5M | $336.1M | $329.1M | $482.5M |
| Total Current Assets | $1.9B | $2.0B | $2.2B | $2.1B | $2.6B |
| Total Assets | $5.3B | $5.4B | $6.9B | $6.7B | $8.2B |
| Current Liabilities | $1.1B | $1.1B | $1.3B | $1.3B | $1.5B |
| Long-Term Debt | $1.4B | $1.4B | $2.0B | $1.4B | $2.2B |
| Total Liabilities | $3.0B | $3.0B | $4.0B | $3.4B | $4.4B |
| Total Equity | $2.2B | $2.4B | $2.9B | $3.3B | $3.8B |
| Retained Earnings | $2.6B | $2.7B | $3.2B | $3.7B | $4.2B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:28pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $543.8M | $583.2M | $880.8M | $991.2M | $1.0B |
| Capital Expenditure | -$90.2M | -$129.3M | -$165.7M | -$180.4M | -$155.1M |
| Free Cash Flow | $453.6M | $453.9M | $715.1M | $810.8M | $874.7M |
| Acquisitions (net) | $8.6M | $155.7M | -$1.2B | $5.9M | -$958.3M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$11.2M | -$182.0M | -$30.0M | -$40.0M | -$225.0M |
| Net Change in Cash | $27.6M | $154.3M | -$104.4M | -$7.0M | $153.4M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 12:12pm (20h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$5.8B $5.8B – $5.9B
|
$6.4B $6.4B – $6.5B
|
$6.8B $6.7B – $6.9B
|
$7.2B $6.8B – $7.6B
|
| EBITDA |
$1.9B $1.9B – $1.9B
|
$2.1B $2.0B – $2.1B
|
$2.2B $2.1B – $2.2B
|
$2.3B $2.2B – $2.4B
|
| Net Income |
$973.8M $970.5M – $977.0M
|
$1.1B $1.1B – $1.1B
|
$1.2B $1.2B – $1.2B
|
$1.3B $1.3B – $1.3B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:28pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +18.0% | +8.6% | +4.8% | +3.8% |
| Gross Profit Growth | +27.8% | +28.3% | +0.8% | +8.9% |
| Operating Income Growth | +33.2% | +46.5% | +5.1% | +11.5% |
| Net Income Growth | +36.6% | +39.2% | +2.4% | +14.1% |
| EBITDA Growth | +29.0% | +36.8% | +10.4% | +4.1% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:28pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-29 | $1.42 | 2026-04-24 | 2026-05-29 | 2026-06-15 |
| 2026-02-27 | $1.42 | 2026-01-30 | 2026-02-27 | 2026-03-16 |
| 2025-11-28 | $1.42 | 2025-10-23 | 2025-11-28 | 2025-12-15 |
| 2025-08-29 | $1.32 | 2025-07-25 | 2025-08-29 | 2025-09-15 |
| 2025-05-30 | $1.32 | 2025-04-25 | 2025-05-30 | 2025-06-16 |
| 2025-02-28 | $1.32 | 2025-01-31 | 2025-02-28 | 2025-03-17 |
| 2024-11-29 | $1.32 | 2024-10-25 | 2024-11-29 | 2024-12-16 |
| 2024-08-30 | $1.22 | 2024-07-26 | 2024-08-30 | 2024-09-16 |
| 2024-05-31 | $1.22 | 2024-04-26 | 2024-05-31 | 2024-06-17 |
| 2024-02-28 | $1.22 | 2024-01-26 | 2024-02-29 | 2024-03-15 |
| 2023-11-29 | $1.22 | 2023-10-27 | 2023-11-30 | 2023-12-15 |
| 2023-08-30 | $1.12 | 2023-07-21 | 2023-08-31 | 2023-09-15 |
| 2023-05-30 | $1.12 | 2023-04-21 | 2023-05-31 | 2023-06-15 |
| 2023-02-27 | $1.12 | 2023-01-27 | 2023-02-28 | 2023-03-15 |
| 2022-11-29 | $1.12 | 2022-10-21 | 2022-11-30 | 2022-12-15 |
| 2022-08-30 | $1.05 | 2022-07-21 | 2022-08-31 | 2022-09-15 |
| 2022-05-27 | $1.05 | 2022-04-22 | 2022-05-31 | 2022-06-15 |
| 2022-02-25 | $1.05 | 2022-01-28 | 2022-02-28 | 2022-03-15 |
| 2021-11-29 | $1.05 | 2021-10-22 | 2021-11-30 | 2021-12-15 |
| 2021-08-30 | $0.98 | 2021-07-22 | 2021-08-31 | 2021-09-15 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for HUBB — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30