Is the business good?
How good a business is HUBB?
Hubbell Incorporated earns 17% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
17%
Return on invested capital · cost of capital 9.0% · 7.8 points above what the capital costs: growth creates value
- Operating margin
- 21%
Operating margin · Electrical Equipment & Parts median 7.3% · 12 months to Q1 2026
- Cash conversion
- 1.00×
Cash conversion · 0.96× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −0.93%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 13% |
| FY2021 | 13% |
| FY2022 | 14% |
| FY2023 | 19% |
| FY2024 | 19% |
| FY2025 | 21% |
Details›
- Gross margin12 months to Q1 2026
- 35%
- Operating margin12 months to Q1 2026
- 21%
- Net margin12 months to Q1 2026
- 15%
- Free cash flow margin
- 15%
- Revenue, trailing twelve months
- $6.00B
- Free cash flow, trailing twelve months
- $909M
- Net income, trailing twelve months
- $906M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 17%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Electrical Equipment & Parts
Ranks #2 of 20 by Smart Score