Hubbell Incorporated income statement
In fiscal 2025, Hubbell Incorporated reported revenue of $5.84bn, up 3.8% on the year before, operating income of $1.21bn (a 20.7% margin) and net income of $887m, or $16.54 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,356 | 2,541 | 2,872 | 3,044 | 3,184 | 3,359 | 3,390 | 3,505 | 3,669 | 4,482 | 3,947 | 3,683 | 4,194 | 4,948 | 5,373 | 5,629 | 5,845 | 6,594 |
| Cost of revenue | 1,630 | 1,713 | 1,948 | 2,032 | 2,113 | 2,250 | 2,299 | 2,400 | 2,514 | 3,181 | 2,775 | 2,597 | 3,043 | 3,476 | 3,496 | 3,723 | 3,781 | 4,262 |
| Gross profit | 726 | 829 | 924 | 1,012 | 1,071 | 1,109 | 1,092 | 1,105 | 1,155 | 1,300 | 1,172 | 1,086 | 1,152 | 1,472 | 1,877 | 1,906 | 2,064 | 2,332 |
| Selling, general and administrative | 431 | 461 | 500 | 540 | 563 | 592 | 617 | 615 | 636 | 744 | 645 | 591 | 619 | 763 | 850 | 813 | 855 | 999 |
| Operating income | 295 | 368 | 424 | 472 | 508 | 517 | 475 | 490 | 519 | 557 | 527 | 495 | 532 | 709 | 1,027 | 1,093 | 1,209 | 1,333 |
| Interest expense | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 43 | 45 | 72 | 69 | 60 | — | — | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | — | — | — | −69 | −60 | −55 | −50 | −37 | — | — | — |
| Income before tax | 262 | 320 | 390 | 442 | 474 | 486 | 419 | 430 | 443 | 467 | 469 | 425 | 459 | 657 | 972 | 1,007 | 1,119 | 1,167 |
| Income tax | 80 | 102 | 120 | 140 | 144 | 158 | 137 | 133 | 193 | 101 | 101 | 90 | 88 | 140 | 215 | 222 | 227 | 252 |
| Net income | 180 | 217 | 268 | 300 | 327 | 325 | 277 | 293 | 243 | 360 | 401 | 351 | 400 | 546 | 751 | 779 | 887 | 909 |
| Diluted EPS | $3.15 | $3.59 | $4.42 | $5.00 | $5.47 | $5.48 | $4.77 | $5.24 | $4.39 | $6.54 | $7.31 | $6.43 | $7.28 | $10.07 | $13.89 | $14.39 | $16.54 | $17.08 |
| Diluted shares (average) | 57m | 60m | 60m | 60m | 60m | 59m | 58m | 56m | 55m | 55m | 55m | 55m | 55m | 54m | 54m | 54m | 54m | 53m |
| EBITDA | 365 | 440 | 492 | 539 | 578 | 597 | 560 | 581 | 617 | 705 | 665 | 639 | 681 | 858 | 1,177 | 1,305 | 1,415 | 1,614 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,334 | 1,365 | 1,484 | 1,502 | 1,493 | 1,517 | 1,712 | 1,873 |
| Cost of revenue | 882 | 923 | 932 | 958 | 968 | 1,011 | 1,099 | 1,184 |
| Gross profit | 452 | 443 | 552 | 544 | 525 | 505 | 613 | 688 |
| Selling, general and administrative | 193 | 212 | 216 | 214 | 214 | 242 | 264 | 280 |
| Operating income | 260 | 230 | 336 | 331 | 312 | 264 | 349 | 409 |
| Income before tax | 246 | 211 | 315 | 311 | 282 | 236 | 304 | 345 |
| Income tax | 46 | 47 | 70 | 54 | 56 | 53 | 62 | 81 |
| Net income | 198 | 163 | 244 | 256 | 224 | 182 | 240 | 263 |
| Diluted EPS | $3.66 | $3.03 | $4.56 | $4.77 | $4.19 | $3.41 | $4.52 | $4.94 |
| EBITDA | 313 | 277 | 385 | 380 | 373 | 324 | 416 | 501 |
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