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Hubbell (HUBB)

Industrials · $23.0B market cap · SEC CIK 0000048898

$437.79 ▼−0.86% on the day close of Nov 10, 2026
69 Screens well
ahead of 69% of the S&P 500 · #21 of 79 in Industrials

Next reports on Feb 1, 2027, after the close, with analysts expecting $5.36 in earnings per share.

52-week range $403.82 to $565.50. 23% below its 52-week high and 8% above its low.

The case for HUBB

The case against

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

Valuewhat you pay for the earnings and cash, against the growth you get71
Growthhow fast revenue and earnings are moving, this year and over five71
Profitabilityhow much of the revenue becomes profit, and how much of that is cash56
Momentumhow the price has behaved lately29
Stabilityhow violently it moves, what it owes and what it pays you80

The financials

Revenue growth

Is the business growing? Yes

Last 12 months+16.0%
Over 5 years+9.7% a year
FY2025 revenue$5.8B (+4%)

Free cash flow

Is it generating real cash? Yes

FY2025 free cash flow$875M
Of revenue15%
Of profit99%

Profit margins

Is profitability improving? Holding steady

Gross margin35%
Operating margin20%
Net margin, FY24 → FY25 → now13.8% → 15.2% → 13.8%

Debt vs. cash

Is the balance sheet healthy? Yes, the debt is manageable

Cash$483M
Long-term debt$2.0B
Net debt$1.6B
Years to repay2.0 yrs

Valuation

Is the stock price reasonable? Yes, about fair

P/E25.3×
Fair P/E for its growth34×
P/FCF26.3×
Forward P/E18.7×
EV / EBITDA17.2×

At 25.3× earnings it trades below the 34× that 15% a year of growth plus a 1.6% dividend would justify. At 26.3× free cash flow it trades below that same mark.

The financials, five years deep

Pulled from Hubbell's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

FY2025FY2024FY2023FY2022FY2021
Revenue growth
Revenue$5.8B$5.6B$5.4B$4.9B$4.2B
Change on the year+4%+5%+9%+18%—
Free cash flow
Free cash flow$875M$811M$715M$507M$424M
Of revenue15%14%13%10%10%
Profit margins
Gross margin35.3%33.9%34.9%29.7%27.5%
Operating margin20.7%19.4%19.1%14.3%12.7%
Net margin15.2%13.8%14.0%11.0%9.5%
Debt vs. cash
Cash$483M$329M$336M$441M$286M
Long-term debt$2.0B$1.4B$2.0B$1.4B$1.4B
Net cash (debt)−$1.6B−$1.1B−$1.7B−$997M−$1.1B

What Hubbell says it does

Hubbell Incorporated (herein referred to as “Hubbell”, the “Company”, the “registrant”, “we”, “our” or “us”, which references shall include its divisions and subsidiaries as the context may require) was founded as a proprietorship in 1888, and was incorporated in Connecticut in 1905. Recognized for our innovation, quality, and deep commitment to serving our customers for over 135 years, Hubbell is a world-class manufacturer of electrical and utility solutions, with more than 75 brands used around the world. We provide utility and electrical solutions that enable our customers to operate critical infrastructure reliably and efficiently, and we empower and energize communities through innovative solutions supporting energy infrastructure In Front of the Meter, on The Edge, and Behind the Meter. In Front of the Meter is where utilities transmit and distribute energy to their customers. The Edge connects utilities with owners and operators…

Risk factors HUBB lists in its 10-K

Filings

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