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HUBB

HUBBELL INC

Technology • CIK: 0000048898

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Market Cap
$21.86B
P/E (TTM)
26.4x
Rev Growth (TTM)
Net Margin (TTM)
14.8%
FCF Yield (TTM)
FCF Margin (TTM)
13.6%

LATEST EARNINGS

Q4 FY2025
24 days ago
View source
Revenue
$1.49B
+11.9%
Net Income
$225.20M
EPS
$4.19
+14.5%
Gross
35.2% +1.3%
Operating
20.9% +1.4%
Net
15.0% +0.2%
  • Q4 diluted EPS of $4.19, up 14% year-over-year.
  • Q4 net sales increased 12% year-over-year, with organic net sales up 9%.
  • Q4 operating margin was 20.9%, an expansion of 140 bps year-over-year.
  • Full year 2025 diluted EPS of $16.54, up 15% year-over-year.

Cash Flow Health

Free Cash Flow6/8 positive
TTM$765M
Q2 '25
$261M+597%
Q1 '25
$37M+107%
FCF Margin
TTM13.6%
Q2 '2517.6%+541%
Sector: 14.5%Below Avg
OCF Margin
OCF/NI0.92x
CapEx Coverage
FCF Yield
FCF Growth (2Y)
Cash Conversion Cycle

Capital Allocation & Returns

Balanced
Total Shareholder YieldEst.
Est.2.6%
Div Yield1.2%
+
Est. Buyback1.4%

Balancing returns with reinvestment

Dividend & Payout Metrics
Dividend Yield (TTM)1.2%
FCF Payout Ratio35.6%
Free Cash Flow (TTM)$764.6M
Stock Repurchases ()$245.0M
Est. Dividends Paid (TTM)$271.9M
Estimated: Buyback data estimated from FCF. Actual repurchase data not available for this company.
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
19.2%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
16.0%
Asset Turnover
0.82x
Leverage (1+D/E)
1.53x
D/E: 0.53x
DuPont: 19.9%19.2% ROIC
Asset & CapEx Efficiency
Invested Cap Turn
1.20x
8Q:
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Revenue
$5.6B
$1.5B8.7%
$1.4B2.3%
$1.3B7.5%
$1.4B0.7%
$1.5B3.8%
$1.4B4.0%
$1.3B2.2%
$1.4B
Operating Income
$1.1B
$336.3M40.7%
$239.0M5.5%
$253.0M16.7%
$303.8M0.8%
$306.3M34.0%
$228.5M1.3%
$225.6M18.3%
$276.3M
Net Income
$830.3M
$244.2M43.9%
$169.7M12.1%
$193.1M12.0%
$219.4M0.9%
$217.5M47.2%
$147.8M13.6%
$171.0M14.5%
$200.1M
Operating Cash Flow
$764.6M
$260.6M596.8%
$37.4M83.5%
$227.0M5.3%
$239.6M159.9%
$92.2M52.4%
$193.9M14.8%
$227.7M100.3%
$113.7M
Free Cash Flow
$764.6M
$260.6M596.8%
$37.4M106.7%
$-558.8M346.2%
$227.0M5.3%
$239.6M159.9%
$92.2M117.2%
$-535.3M376.1%
$193.9M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
26.4x
Valuation Lenses
Earnings
26.4x
vs sector
Cash Flow
9.2x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
1.4P/E per %ROIC
ROIC: 19.2%
Shareholder Returns
Dividend
1.2%
Buyback
Total Yield
Market Cap$21.86B
EV
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
97/100
Exceptional

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 25%
25.5%
8Q:
Return on Invested Capital (ROIC)Top 25%
19.2%
8Q:
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 16.0%
Asset Turnover: 0.82x

Earnings Quality

Cash Conversion

0.92x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin34.7%

Capital Efficiency

Invested Capital Turnover1.20x

Working Capital

Cash Conversion Cycle

Growth Quality & Momentum

Growth Rates

Revenue Growth YoY
N/A
OpInc Growth YoY
9.8%
EPS Growth YoY
N/A
FCF 3Y CAGR
N/A

Margin Quality & Sustainability

High Quality
Profitability Cascade
Gross
34.7%
Operating
20.2%
Above Avg in sector
Net
14.8%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
-1.2 pts
FCF: 13.6% | Net: 14.8%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate
Net Debt / EBITDA
Net Debt: $1.45B
Interest Coverage
Leverage Metrics
Debt-to-Equity
0.53x
Balance sheet risk & solvency analysis