HUBBELL INC
Business
HUBBELL INC presents itself as a manufacturer of electrical and utility solutions that enable reliable operation of energy and critical infrastructure. It offers transmission, distribution, substation, telecommunications, meter and grid monitoring equipment, smart meters, protection and control devices, wiring and rough‑in products, connectors, grounding products, industrial controls, and other electrical equipment. The company operates through two reporting segments: Utility Solutions and Electrical Solutions. Its products are manufactured and sourced globally and distributed via distributors, direct utility sales, wholesalers, contractors, OEMs, retailers, home centers and online channels.
Summary from filing dated 2025-02-13
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 5,845 | 5,629 | 5,373 | 4,948 | 4,194 | |
| Cost of goods sold | 3,781 | 3,723 | 3,496 | 3,476 | 3,043 | |
| Gross profit | 2,064 | 1,906 | 1,877 | 1,472 | 1,152 | |
| Selling & administrative expenses | 855 | 813 | 850 | 763 | 619 | |
| Operating income | 1,209 | 1,093 | 1,027 | 709 | 532 | |
| Loss on disposition of business (Note 3) | −400,000 | −5 | 0 | 0 | −7 | |
| Interest expense, net | −64 | −74 | −37 | −50 | — | |
| Other expense, net | −25 | −7 | −19 | 5 | 5 | |
| Total other expense | −90 | −86 | −55 | −52 | −73 | |
| Income before income taxes | 1,119 | 1,007 | 972 | 657 | 459 | |
| Provision for income taxes | 227 | 222 | 215 | 140 | 88 | |
| Net income | 892 | 785 | 758 | — | — | |
| Less: Net income attributable to noncontrolling interest | −5 | −6 | −6 | −6 | −6 | |
| Net income attributable to Hubbell Incorporated | 887 | 779 | 751 | 546 | 400 | |
| Basic earnings per share (USD per share) | 16.63 | 14.49 | 13.98 | 10.13 | 7.33 | |
| Diluted earnings per share (USD per share) | 16.54 | 14.39 | 13.89 | 10.07 | 7.28 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 483 | 329 | 336 | 441 | 286 | |
| Short-term investments | 15 | 16 | 13 | 14 | 9 | |
| Accounts receivable (net of allowances of $13.9 and $11.3) | 857 | 756 | 785 | 742 | 675 | |
| Inventories, net | 1,084 | 1,010 | 833 | 741 | 662 | |
| Other current assets | 155 | 147 | 130 | 84 | 67 | |
| Total Current Assets | 2,594 | 2,258 | 2,167 | 2,021 | 1,879 | |
| Property, Plant, and Equipment, net | 841 | 727 | 653 | 528 | 460 | |
| Investments | 98 | 85 | 76 | 66 | 69 | |
| Goodwill | 3,061 | 2,501 | 2,533 | 1,971 | 1,871 | |
| Other intangible assets, net | 1,394 | 1,080 | 1,196 | 670 | 682 | |
| Other long-term assets | 240 | 198 | 197 | 147 | 144 | |
| TOTAL ASSETS | 8,229 | 6,848 | 7,081 | 5,403 | 5,282 | |
| Short-term debt | 289 | 125 | 117 | 5 | 10 | |
| Accounts payable | 571 | 542 | 564 | 530 | 533 | |
| Accrued salaries, wages and employee benefits | 115 | 146 | 174 | 144 | 95 | |
| Accrued insurance | 83 | 89 | 79 | 76 | 73 | |
| Other accrued liabilities | 451 | 372 | 365 | 334 | 263 | |
| Total Current Liabilities | 1,509 | 1,274 | 1,323 | 1,089 | 1,065 | |
| Long-term Debt | 2,036 | 1,443 | 2,023 | 1,438 | 1,436 | |
| Other Non-Current Liabilities | 826 | 720 | 661 | 506 | 521 | |
| TOTAL LIABILITIES | 4,371 | 3,437 | 4,025 | 3,032 | 3,041 | |
| Commitments and Contingencies (see Note 15) | — | — | — | — | — | |
| Common stock - Authorized 200,000,000 shares, outstanding 53,253,805 and 53,759,976 shares | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | |
| Additional paid-in capital | 6 | 3 | 6 | 0 | 0 | |
| Retained earnings | 4,156 | 3,780 | 3,183 | 2,706 | 2,560 | |
| Accumulated other comprehensive loss | −315 | −387 | −312 | −345 | −331 | |
| Total Hubbell Incorporated Shareholders Equity | 3,848 | 3,396 | 2,877 | 2,361 | 2,230 | |
| Noncontrolling interest | 10 | 14 | 12 | 10 | 11 | |
| TOTAL EQUITY | 3,858 | 3,411 | 2,889 | 2,371 | 2,241 | |
| TOTAL LIABILITIES AND EQUITY | 8,229 | 6,848 | 6,914 | 5,403 | 5,282 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 206 | 212 | 150 | 149 | 149 | |
| Deferred income taxes | 11 | 2 | −19 | −28 | 9 | |
| Stock-based compensation | 33 | 31 | 27 | 25 | 18 | |
| Loss on sale of assets | 1 | 1 | 3 | 4 | −5 | |
| (Increase) decrease in accounts receivable | −68 | 22 | −2 | −67 | −125 | |
| Increase in inventories | −32 | −24 | −31 | −67 | −139 | |
| Increase (decrease) in accounts payable | 6 | −14 | 13 | −15 | 195 | |
| Increase (decrease) in current liabilities | 33 | −24 | −5 | 108 | 28 | |
| Changes in other assets and liabilities, net | 5 | 15 | 2 | 13 | −15 | |
| Contributions to qualified defined benefit pension plans | −41 | −1 | −20 | −13 | −100,000 | |
| Other, net | −16 | −18 | 5 | 3 | 3 | |
| Net cash provided by operating activities | 1,030 | 991 | 881 | — | — | |
| Capital expenditures | −155 | −180 | −166 | −129 | −90 | |
| Acquisitions, net of cash acquired | −958 | 6 | −1,212 | −177 | 100,000 | |
| Proceeds from disposal of business, net of cash | 3 | 123 | 0 | 333 | 9 | |
| Purchases of available-for-sale investments | −25 | −21 | −25 | −34 | −11 | |
| Proceeds from sales of available-for-sale investments | 17 | 16 | 22 | 23 | 12 | |
| Other, net | 25 | −2 | 800,000 | 2 | 9 | |
| NET CASH USED IN INVESTING ACTIVITIES | −1,095 | −59 | −1,380 | — | — | |
| Issuance of long-term debt | 1,000 | 0 | 600 | 0 | 299 | |
| Payment of long-term debt | −400 | −600 | 0 | — | — | |
| Issuance of short-term debt | 164 | 23 | 100 | 0 | 8 | |
| Payment of short-term debt | −300,000 | 0 | −2 | −5 | −152 | |
| Payment of dividends | −287 | −267 | −246 | −230 | −217 | |
| Debt issuance cost | −9 | 0 | −2 | 0 | −5 | |
| Acquisition of common shares | −225 | −40 | −30 | −182 | −11 | |
| Other | −39 | −39 | −32 | −21 | −40 | |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | 204 | −923 | 389 | −437 | −433 | |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | 14 | −16 | 7 | −9 | −3 | |
| Increase (decrease) in cash, cash equivalents, and restricted cash | 153 | −8 | −104 | 154 | 30 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is HUBBELL INC's CIK number?
HUBBELL INC's SEC CIK number is 0000048898 (48898). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find HUBBELL INC's SEC filings?
All of HUBBELL INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did HUBBELL INC last report earnings?
HUBBELL INC (HUBB) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028600). This is HUBBELL INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is HUBBELL INC's most recent earnings 8-K?
HUBBELL INC's latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001628280-26-028600. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View HUBBELL INC's latest earnings 8-K →
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