Hubbell Inc (HUBB)
Industrials · Industrial Machinery & Supplies & Components · US stock · S&P 500 component
$448.10
▲ +2.30 (0.52%)
Fair valueFair
$410 −7.9% to fair value
$205fair band $349–$498$616
Day's range
$435.51 – $451.33
52-week range
$403.82 – $565.50
About Hubbell Inc
Hubbell makes electrical and utility products used to build, connect and protect power systems. Its utility business supplies components for electricity transmission and distribution, grid automation, communications and metering for power companies, while its electrical business makes wiring devices, connectors, lighting, enclosures and industrial controls for commercial, industrial and residential buildings. Customers include utilities, electrical contractors and the wholesale distributors that serve them.
Revenue comes from products ordered by utilities for grid upgrades and by contractors and distributors for building projects. Sales were $6.0 billion over the last twelve months, with growth of 5.7% a year across the last three years. The operating margin is 20.7%, and the business earns a profit of 16% on the capital invested in it. Net debt is 1.8 times EBITDA. It pays a dividend with a yield of 1.3%. On the site's X-Ray Score it receives 49 out of 100.
Price chart
52-wk range $403.82 – $565.50Volume 500,579Daily, split-adjusted
Vitals
Market cap$23.9B
52-week range$403.82 – $565.50
Volume (last day)500,579
P/E (TTM)26.4
EBIT / EV yield4.7%
Free-cash-flow yield3.8%
Dividend yield1.3%
Revenue (TTM)$6.0B
Net income (TTM)$906M
Operating margin20.7%
Return on capital15.5%
Debt incl. leases$3.1B
Cash & securities$517M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$410middle half of models $396 – $454
Fair
−7.9% to fair value
Average of the 13 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Low, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $448
Undervalued < $349Fair $349 – $498Overvalued > $498
P/E multiple
$447
P/B multiple
$429
P/S multiple
$396
EV/EBITDA multiple
$436
EV/EBIT multiple
$440
EV/revenue multiple
$401
10-year DCF, EBITDA exit
$459
5-year DCF, EBITDA exit
$471
10-year DCF, revenue exit
$454
5-year DCF, revenue exit
$460
10-year DCF, growth exit
$313
5-year DCF, growth exit
$295
Earnings power value
$335
Growth the price implies
14.9%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Fair
52/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.7%
Free-cash-flow yield3.8%
Fair value vs price0.9×
Growth
Fair
54/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)5.7%
EPS growth (3y)18.0%
Growth consistency80%
Profitability
Weak
48/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital15.5%
Operating margin20.7%
Gross profitability25.3%
Financial health
Weak
47/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA1.8×
Interest coverNo interest cost
Dividends
Weak
33/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.3%
Dividends vs free cash flow33%
Quarterly results: last 6 quarters
-0.9%
Dec '24
-2.4%
Mar '25
+2.2%
Jun '25
+4.1%
Sep '25
+11.9%
Dec '25
+11.1%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.5B, diluted EPS $3.41.
Compare with peers
SNA Snap-on Inc66 PNR PENTAIR plc62 XYL Xylem Inc.55 GWW W.W. Grainger, Inc.55Other Industrial Machinery & Supplies & Components companies by X-Ray Score.
SWOT analysis: Hubbell Inc
Strengthsinside the company
- Return on invested capital is 15.5%, against a median of 13.1% for industry peers.
- Earnings per share have compounded at 18.0% a year over three years.
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- No clear weakness in the figures we track.
Opportunitiesvaluation and setting
- Dividends use only 33% of free cash flow, which leaves room to raise them.
Threatsvaluation and setting
- The price trend is down on the daily and weekly signals.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare HUBB with peers and sector
Medians of 13 Industrial Machinery & Supplies & Components peers and of 80 Industrials stocks in our universe.
Largest peers (X-Ray Score): PH 50, ITW 46, GWW 55, IR 47, OTIS 55, DOV 49.
| Metric | HUBB | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 49 | 50 | 51 |
| Valuation | 52 | 57 | 44 |
| Growth | 54 | 37 | 50 |
| Profitability | 48 | 51 | 51 |
| Financial health | 46 | 56 | 49 |
| Dividends | 33 | 55 | 53 |
Sector leaders: highest X-Ray Score in Industrials
HUBB ranks #50 of 81 in Industrials and #10 of 14 in Industrial Machinery & Supplies & Components by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for HUBB
Each factor is rated by where HUBB stands among the 81 Industrials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 5 Good · 13 Average · 4 Bad of 22
Growth: 1 · 2 · 0
Profitability: 2 · 3 · 0
Financial strength: 2 · 1 · 1
Valuation: 0 · 5 · 0
Cash flow: 0 · 1 · 2
Efficiency: 0 · 1 · 1
| Factor | HUBB | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +5.7% | Average beats 52% | +5.6% | – | – |
| Revenue growth, last year | +3.8% | Average beats 46% | +4.5% | +8.6% | ▼ Worse |
| EPS growth, 3 years a year | +18.0% | Good beats 76% | +5.7% | – | – |
| Profitability | |||||
| Gross margin | 35.5% | Average beats 39% | 38.0% | 33.9% | ≈ In line |
| Operating margin | 20.7% | Good beats 75% | 17.5% | 19.1% | ≈ In line |
| Net margin | 15.1% | Good beats 67% | 12.8% | 13.8% | ≈ In line |
| Return on invested capital | 15.5% | Average beats 52% | 14.9% | – | – |
| Return on equity | 24.0% | Average beats 53% | 23.7% | 23.1% | ≈ In line |
| Financial strength | |||||
| Net debt / EBITDA | 1.8x | Average beats 51% | 1.8x | 1.5x | ≈ In line |
| Interest cover | 50.0x | Good beats 76% | 21.4x | – | – |
| Current ratio | 1.58 | Good beats 69% | 1.25 | 1.76 | ▼ Worse |
| Piotroski F-score | 5 / 9 | Bad beats 16% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 26.2x | Average beats 57% | 28.9x | 26.8x | ≈ In line |
| Price / book | 6.3x | Average beats 49% | 6.2x | 6.2x | ≈ In line |
| Price / sales | 4.0x | Average beats 40% | 3.5x | 3.3x | ▼ Worse |
| EV / EBITDA | 18.0x | Average beats 52% | 18.5x | 18.3x | ≈ In line |
| Free cash flow yield | 3.8% | Average beats 49% | 3.8% | 3.7% | ≈ In line |
| Cash flow | |||||
| Free cash flow margin | 15.2% | Average beats 54% | 13.8% | 14.4% | ≈ In line |
| Cash from operations / net income | 1.19 | Bad beats 28% | 1.39 | 1.17 | ≈ In line |
| Accruals (lower is better) | −2.1% | Bad beats 30% | −3.2% | – | – |
| Efficiency | |||||
| Inventory turnover | 3.4x | Bad beats 28% | 4.0x | 4.2x | ▼ Worse |
| Days sales outstanding | 59 days | Average beats 46% | 57 days | 54 days | ▼ Worse |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 4 Good · ● 8 Average · ● 2 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Piotroski F-ScoreBad
Growth
EPS growth (3y)Good
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginGood
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 54/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.9B | $5.4B | $5.6B | $5.8B |
| Operating income | $532M | $709M | $1.0B | $1.1B | $1.2B |
| Net income | $400M | $546M | $751M | $779M | $887M |
| Operating cash flow | – | – | $881M | $991M | $1.0B |
| Operating margin | 12.7% | 14.3% | 19.1% | 19.4% | 20.7% |
| Free cash flow | – | – | $715M | $811M | $875M |
| Diluted EPS | $7.28 | $10.07 | $13.89 | $14.39 | $16.54 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
1 bullish · 3 neutral · 12 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Neutral
4 bullish · 1 neutral · 3 bearish
Moving averages (daily)
| SMA 10 | 463.0 | Bearish |
| EMA 10 | 459.8 | Bearish |
| SMA 20 | 467.1 | Bearish |
| EMA 20 | 463.1 | Bearish |
| SMA 50 | 463.9 | Bearish |
| EMA 50 | 467.4 | Bearish |
| SMA 100 | 478.2 | Bearish |
| EMA 100 | 473.5 | Bearish |
| SMA 200 | 486.8 | Bearish |
| EMA 200 | 471.9 | Bearish |
Oscillators (daily)
| RSI (14) | 38.49 | Neutral |
| MACD (12, 26) | -2.97 | Bearish |
| Momentum (12) | -5.74 | Bearish |
| Stochastic %K (14) | 24.15 | Neutral |
| Williams %R (14) | -75.85 | Neutral |
| CCI (20) | -169.6 | Bullish |
Pivot points (classic, last session)
S3 422.8 | S2 429.2 | S1 438.6 | Pivot 445.0 | R1 454.5 | R2 460.8 | R3 470.3 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
5.68 USD
Yield on today's price
1.27%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 1.4200 | |
| 1.4200 | |
| 1.4200 | |
| 1.4200 | |
| 1.3200 | |
| 1.3200 | |
| 1.3200 | |
| 1.3200 | |
| 1.2200 | |
| 1.2200 | |
| 1.2200 | |
| 1.2200 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold HUBB
| ETF | Share of the fund |
|---|---|
| GRID First Trust NASDAQ Clean Edge Smart Gr... | 2.61% |
| AIPO Defiance AI & Power Infrastructure | 1.70% |
| PAVE Global X U.S. Infrastructure Developme... | 1.36% |
| RSPN Invesco S&P 500 Equal Weight Industria... | 1.20% |
| BKDV BNY Mellon Dynamic Value | 0.55% |
| XLI Industrial Select Sector SPDR | 0.48% |
| FVD First Trust Value Line Dividend Index | 0.38% |
| VIS Vanguard Industrials | 0.36% |
The eight funds with the largest weight in HUBB among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
HUBB stock splits
HUBB has split its stock 5 times since 1990. The latest was a 2-for-1 split on 12 Aug 1996.
Full HUBB stock split history →HUBB SEC filings
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Regulation FD disclosure; Other events
8-KSEC EDGAR
Entered a material agreement; Other events
8-KSEC EDGAR
Entered a material agreement
8-KSEC EDGAR
Shareholder vote results
8-KSEC EDGAR
Entered a material agreement; Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.