HUBB · XBRL financial data
Hubbell financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (HUBB's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 4,186 | 4,194 | 4,948 | 5,373 | 5,629 | 5,845 |
| Cost of goods and services sold | 2,977 | 3,043 | 3,476 | 3,485 | 3,724 | 3,781 |
| Gross profit | 1,209 | 1,152 | 1,472 | 1,888 | 1,904 | 2,064 |
| Selling, general and administrative | 676 | 619 | 763 | 850 | 813 | 855 |
| Operating income (loss) | 533 | 532 | 709 | 1,039 | 1,092 | 1,209 |
| Interest expense | 60 | — | — | — | — | — |
| Other income (expense) | (12) | 5 | 5 | (19) | (7) | (25) |
| Income tax expense (benefit) | 98 | 88 | 140 | 217 | 222 | 227 |
| Net income (loss) | 351 | 400 | 546 | 760 | 778 | 887 |
| Earnings per share, basic USD per share | 6.46 | 7.33 | 10.13 | 14.14 | 14.46 | 16.63 |
| Earnings per share, diluted USD per share | 6.43 | 7.28 | 10.07 | 14.05 | 14.37 | 16.54 |
| Weighted average shares, basic millions of shares | 54 | 54 | 54 | 54 | 54 | 53 |
| Weighted average shares, diluted millions of shares | 55 | 55 | 54 | 54 | 54 | 54 |
Balance sheet
CSVFiscal years (HUBB's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 260 | 286 | 441 | 336 | 329 | 483 |
| Short-term investments | 9 | 9 | 14 | 13 | 16 | 15 |
| Marketable securities, non-current | 71 | 69 | 66 | 76 | 85 | 98 |
| Inventory | 607 | 662 | 741 | 833 | 842 | 1,084 |
| Total current assets | 1,588 | 1,879 | 2,021 | 2,167 | 2,089 | 2,594 |
| Property and equipment, net | 519 | 460 | 528 | 653 | 727 | 841 |
| Right-of-use asset | 103 | 81 | 108 | 147 | 146 | 156 |
| Goodwill | 1,923 | 1,871 | 1,971 | 2,533 | 2,501 | 3,061 |
| Total assets | 5,085 | 5,282 | 5,403 | 6,914 | 6,679 | 8,229 |
| Accounts payable | 378 | 533 | 530 | 564 | 542 | 571 |
| Accrued liabilities | 254 | 263 | 334 | 365 | 372 | 451 |
| Commercial paper | 150 | 0 | 0 | 100 | 123 | 287 |
| Current portion of long-term debt | — | — | — | 15 | — | — |
| Total current liabilities | 948 | 1,065 | 1,089 | 1,323 | 1,274 | 1,509 |
| Long-term debt | 1,437 | 1,436 | 1,438 | 2,023 | 1,443 | 2,036 |
| Lease liability, non-current | 75 | 58 | 85 | 119 | 117 | 121 |
| Total liabilities | 3,000 | 3,041 | 3,032 | 4,025 | 3,396 | 4,371 |
| Retained earnings | 2,394 | 2,560 | 2,706 | 3,183 | 3,652 | 4,156 |
| Total stockholders' equity | 2,070 | 2,230 | 2,361 | 2,877 | 3,268 | 3,848 |
| Total liabilities and equity | 5,085 | 5,282 | 5,403 | 6,914 | 6,679 | 8,229 |
| Common shares outstanding (cover page) millions of shares | 54 | 54 | 54 | 54 | 54 | 53 |
Cash flows
CSVFiscal years (HUBB's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 351 | 400 | 546 | 760 | 778 | 887 |
| Stock-based compensation | 24 | 18 | 25 | 27 | 31 | 33 |
| Depreciation and amortization | 158 | 149 | 149 | 150 | 212 | 206 |
| Net cash from operating activities | 648 | — | — | 881 | 991 | 1,030 |
| Net cash from investing activities | (329) | — | — | (1,380) | (59) | (1,095) |
| Share repurchases | 41 | 11 | 182 | 30 | 40 | 225 |
| Dividends paid | 201 | — | — | — | — | — |
| Proceeds from long-term debt | 225 | 299 | 0 | 600 | 0 | 1,000 |
| Repayments of long-term debt | 331 | 300 | 0 | 0 | 600 | — |
| Net cash from financing activities | (244) | (433) | (437) | 389 | (923) | 204 |
| Net change in cash | 78 | 30 | 154 | (104) | (8) | 153 |
Compare with peers
SIC 3670 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3670 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Hubbell | 335 | 1,873 | 323* | 52.8M | 10-QSep 30, 2026 |
| Flex | 3,083 | 8,491 | 501* | 369.5M | 10-QSep 25, 2026 |
| On Semiconductor | 4,158 | 1,722 | 516* | 389.3M | 10-QOct 2, 2026 |
| Qnity Electronics | 961 | 1,429 | 241* | 209.2M | 10-QJun 30, 2026 |
| Jabil | 1,739 | 10,616* | 733* | 103.0M | 10-KAug 31, 2026 |
| Monolithic Power Systems | 561 | 1,202 | 290* | 48.8M | 10-QSep 30, 2026 |
| Celestica | 3,961 | 5,830 | 390 | 126.1M | 10-QSep 30, 2026 |
| First Solar | 1,576 | 1,231 | (43)* | 107.5M | 10-QSep 30, 2026 |
| Credo Technology Group Holding | 467 | 479 | 90 | 188.0M | 10-QAug 1, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.