HUBBNYSEElectronic Components & AccessoriesFiscal year ends December 31
HUBBELL INC
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$464.92+3.82 (+0.83%)
Close on Oct 19, 2026
- Market cap
- $24.78B
- P/E (TTM)
- 27.5
- Dividend yield
- 1.16%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
35.3%+5.8 pts over 5 years
Operating margin
20.7%+7.3 pts over 5 years
Net margin
15.2%+5.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.8% | +5.7% | +9.7% | +5.6% | |
| Gross profit | +8.3% | +11.9% | +13.7% | +6.6% | |
| Operating income | +10.6% | +19.5% | +19.6% | +9.8% | |
| Net income | +13.9% | +17.6% | +20.4% | +12.3% | |
| EPS, diluted | +14.9% | +18.0% | +20.8% | +13.2% | |
| Free cash flow | +7.9% | +19.9% | +11.0% | +12.8% | |
| Dividend per share | +8.0% | +8.0% | +7.7% | +8.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 17.6% | 17.5% | 24.5% | |
| Return on assets | 8.7% | 7.0% | 11.8% | |
| Current ratio | 2.63 | 1.67 | 1.72 | |
| Debt to equity | 0.62 | 0.77 | 0.60 | |
| Net debt to EBITDA | 0.96× | 2.08× | 1.30× | |
| Interest coverage | 11.3× | 8.2× | – | |
| Inventory turnover | 4.5× | 4.5× | 3.6× | |
| Capex to revenue | 1.9% | 2.2% | 2.7% | |
| Diluted shares | 56M | 55M | 54M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hubbell generated $4.05B from operations and spent $1.21B on capital expenditure, dividends and share buybacks. 60% of that went back into the business.
Generated
$4.05B
Used
$1.21B
Capital expenditure$720.70M60%Dividends$00%Share buybacks$488.20M40%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin15.2%
×Asset turnover0.78×
×Equity multiplier2.08×
=Return on equity, FY202524.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 15.2% | 0.78× | 2.08× | 24.5% |
| FY2024 | 13.8% | 0.81× | 2.22× | 24.8% |
| FY2023 | 14.0% | 0.86× | 2.38× | 28.7% |
| FY2022 | 11.0% | 0.93× | 2.33× | 23.8% |
| FY2021 | 9.5% | 0.81× | 2.41× | 18.6% |
| FY2020 | 9.5% | 0.74× | 2.49× | 17.5% |
| FY2019 | 10.2% | 0.81× | 2.62× | 21.5% |
| FY2018 | 8.0% | 1.04× | 2.52× | 21.1% |
| FY2017 | 6.6% | 1.01× | 2.25× | 15.1% |
| FY2016 | 8.4% | 1.04× | 2.02× | 17.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$887.10M
- Cash generatingOperating cash flow above zero$1.03B
- Return on assets improvedROA up on the prior year11.0% → 13.0%
- Earnings backed by cashOperating cash flow above net income$1.03B vs $887.10M
- Less leverageLong-term debt to assets fell21.1% → 24.7%
- Better liquidityCurrent ratio rose1.77 → 1.72
- No dilutionShare count did not rise54M → 54M
- Gross margin improvedGross margin up on the prior year33.86% → 35.32%
- More efficientAsset turnover rose0.79 → 0.85