Hubbell Incorporated

NYSE:HUBB Stock Report

Market Cap: US$25.0b

Hubbell Past Earnings Performance

Past criteria checks 4/6

Hubbell has been growing earnings at an average annual rate of 20.4%, while the Electrical industry saw earnings growing at 17.7% annually. Revenues have been growing at an average rate of 9.2% per year. Hubbell's return on equity is 24.1%, and it has net margins of 15.1%.

Key information

20.37%

Earnings growth rate

20.68%

EPS growth rate

Electrical Industry Growth9.91%
Revenue growth rate9.20%
Return on equity24.09%
Net Margin15.08%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update May 07

HUBB: Fairly Valued Outlook As 2026 Guidance And Rate Assumptions Shape Expectations

Hubbell's analyst price target has shifted by about $11, with analysts pointing to updated post-earnings estimates, modest adjustments to revenue growth and profit margin assumptions, a slightly lower future P/E multiple, and a higher discount rate as key drivers of the change. Analyst Commentary Bullish Takeaways Bullish analysts have raised their price targets by amounts ranging from the low tens of dollars up to $50, which signals higher conviction in the valuation supported by their updated models.
Seeking Alpha May 05

Hubbell: More M&A And Improved Organic Growth

Summary Hubbell is capitalizing on electrification trends, recently announcing a $3 billion acquisition of NSI Industries to bolster its product portfolio and market reach. The NSI deal, valued at 15.5x 2026 EBITDA, is expected to be modestly accretive and aligns with Hubbell's improved organic growth and premium margin profile. Q1 results showed 11% sales growth and 16% adjusted EPS growth, but shares remain expensive at 26x earnings and nearly 3x leverage post-acquisition. I remain on the sidelines due to valuation concerns, preferring to revisit Hubbell in the mid-$400s given current price momentum and leverage. Read the full article on Seeking Alpha
Analysis Article May 03

Analysts Have Made A Financial Statement On Hubbell Incorporated's (NYSE:HUBB) First-Quarter Report

Hubbell Incorporated ( NYSE:HUBB ) shareholders are probably feeling a little disappointed, since its shares fell 8.1...
Narrative Update Apr 20

HUBB: Fairly Valued Outlook As 2026 Guidance And Mixed Views Shape Expectations

Analysts have nudged their fair value estimate for Hubbell slightly higher to about $536 from roughly $533, reflecting modestly stronger revenue growth assumptions, a slightly lower discount rate, and a higher future P/E multiple, even as margin expectations are a bit more conservative, in line with recent mixed price target moves and updated earnings models across the Street. Analyst Commentary Street research on Hubbell over the past few months shows a mix of optimism and caution, with several firms adjusting price targets and short term views after recent earnings and share price moves.
Narrative Update Apr 06

HUBB: AI Demand And 2026 Guidance Will Drive Future Returns

Analysts have adjusted their price targets on Hubbell, with recent cuts such as a $20 reduction from one firm balanced by multiple upward revisions, including moves to $515 and $565. These changes reflect updated earnings estimates and a modestly lower implied future P/E of about 33.5x in the latest assumptions.
Narrative Update Mar 21

HUBB: AI Demand And 2026 Guidance Will Support Higher Future Returns

Analysts have raised their collective price targets on Hubbell into the mid $500s, with recent moves such as Morgan Stanley's lift to $565, citing refreshed post earnings estimates, a higher applied P/E multiple, and what they describe as firmer demand tied to areas like artificial intelligence orders. Analyst Commentary Recent research has clustered around higher price targets for Hubbell, centering in the low to mid US$500 range.
Narrative Update Mar 06

HUBB: Firmer AI Demand And 2026 Outlook Will Shape Future Returns

Analysts have nudged their price targets on Hubbell higher into the $465 to $515 range, pointing to updated estimates and a firmer demand outlook supported by artificial intelligence related orders, along with cautious expectations for 2026 guidance. Analyst Commentary Recent research has clustered price targets for Hubbell in the $465 to $515 range, with several bullish analysts pointing to refreshed estimates ahead of Q4 and early views on 2026 guidance.
Narrative Update Feb 20

HUBB: Firmer AI Demand And Richer P/E Assumptions Will Shape Returns

The analyst fair value estimate for Hubbell moves to $585 from $575, with analysts pointing to a higher assumed future P/E multiple and recent price target increases across the Street as key supports for the change. Analyst Commentary Bullish analysts have been lifting their price targets on Hubbell in recent months, and that cluster of positive revisions is a key factor behind the higher fair value estimate.
Narrative Update Feb 06

HUBB: Fairly Valued Outlook As 2026 Guidance And AI Demand Shape Expectations

The analyst price target for Hubbell has been raised from about $497 to about $533. Analysts are factoring in updated assumptions that include a slightly higher discount rate, a modestly lower revenue growth outlook, a mildly higher profit margin, and a higher future P/E multiple supported by recent price target increases across major research firms.
Narrative Update Jan 23

HUBB: Firmer AI-Linked Demand And Margins Will Support Future Earnings Power

Narrative Update Overview The analyst price target for Hubbell is updated to US$575, up from US$567.52, as analysts factor in revised expectations for revenue growth, profit margin and P/E, along with recent target increases from firms citing a firmer demand outlook and estimate updates ahead of Q4 results. Analyst Commentary Recent research has centered on refreshed price targets and views on Hubbell's earnings power, with several bullish analysts adjusting their models ahead of Q4 and early 2026 guidance.
Narrative Update Jan 09

HUBB: Balanced Outlook As EPS Guidance And Dividend Increase Meet Higher Expectations

Analysts have lifted their implied fair value for Hubbell to about $497 from roughly $479, reflecting updated expectations around growth, profitability and valuation that align with recent price target increases in the $465 to $515 range. Analyst Commentary Recent research on Hubbell reflects a mix of optimism around the company’s positioning and caution around how much of that is already captured in the share price.
Analysis Article Jan 07

Hubbell Incorporated's (NYSE:HUBB) Shares May Have Run Too Fast Too Soon

Hubbell Incorporated's ( NYSE:HUBB ) price-to-earnings (or "P/E") ratio of 29.6x might make it look like a strong sell...
Narrative Update Dec 17

HUBB Margins And Dividend Policy Will Support Stronger Future Earnings Power

Analysts have modestly raised their price target on Hubbell, increasing their fair value estimate by about $61 to roughly $568 per share. They cite improving growth and margin expectations, while also noting that the stock's valuation appears close to full given its recent modest organic growth trends.
Narrative Update Dec 03

HUBB: Raised EPS Outlook And Dividend Increase Will Drive Renewed Upside

Analysts have lowered their price target on Hubbell by about $3 to reflect slightly reduced fair value estimates and a view that the stock's current valuation already incorporates its modest organic growth outlook. Analyst Commentary Recent Street research reflects a balanced view on Hubbell, with analysts acknowledging solid fundamentals but questioning how much upside remains at the current share price.
Narrative Update Nov 19

HUBB: Anticipated 10% Organic Turnaround Will Support Renewed Bullish Momentum

Hubbell's analyst price target was raised from $445 to $490, as analysts cite expectations for a turnaround to 10% organic growth in the coming year. This increase in growth is anticipated to support a higher valuation for the company.
Narrative Update Nov 03

HUBB: Organic Momentum And Management Execution Will Shape Balanced Outlook

Analysts have raised their price target on Hubbell from approximately $461 to $481, citing expectations for accelerating organic growth and improved consensus forecasts over the coming year. Analyst Commentary Bullish Takeaways Bullish analysts now project a 10% organic growth rate over the next year, representing a marked improvement from the negative growth seen previously.
Analysis Article Oct 30

Hubbell's (NYSE:HUBB) Dividend Will Be Increased To $1.42

Hubbell Incorporated's ( NYSE:HUBB ) periodic dividend will be increasing on the 15th of December to $1.42, with...
Narrative Update Oct 20

Electrical Solutions And Utility Solutions Will Advance Future Prospects

Analysts have raised their price target for Hubbell by over $30 per share, citing improved forecasts for organic growth and higher future earnings expectations. Analyst Commentary Recent analyst updates offer a mixed outlook on Hubbell's prospects, reflecting both optimism about the company's improving fundamentals and caution regarding industry headwinds.
Analysis Article Sep 08

Some Shareholders Feeling Restless Over Hubbell Incorporated's (NYSE:HUBB) P/E Ratio

Hubbell Incorporated's ( NYSE:HUBB ) price-to-earnings (or "P/E") ratio of 27.9x might make it look like a sell right...
Analysis Article Aug 19

Is Now The Time To Put Hubbell (NYSE:HUBB) On Your Watchlist?

NYSE:HUBB 1 Year Share Price vs Fair Value Explore Hubbell's Fair Values from the Community and select yours It's...
Analysis Article Aug 01

Hubbell Incorporated Just Beat EPS By 14%: Here's What Analysts Think Will Happen Next

Hubbell Incorporated ( NYSE:HUBB ) came out with its quarterly results last week, and we wanted to see how the business...
Analysis Article Jul 20

We Like Hubbell's (NYSE:HUBB) Returns And Here's How They're Trending

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jul 07

We Think Hubbell (NYSE:HUBB) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Feb 13

Hubbell: Valuation Fair With No Immediate Short-Term Upside

Summary Hubbell Incorporated is currently trading at the lower end of its 52-week range, with limited upside potential, making it a Hold. The company’s growth is driven by acquisitions, but organic growth remains slow, with 2024 net sales up only 5% YoY. HUBB’s 2025 outlook includes low single-digit organic growth, with an EPS guidance of $17.35 - $17.85, but it trades at a premium. Despite strong net margins and a solid dividend, HUBB underperforms compared to sector ETFs like XLI, making it less appealing for new investments. Read the full article on Seeking Alpha
Seeking Alpha Nov 22

Hubbell: Too Electrified, Despite A Great Positioning

Summary Hubbell has shown impressive growth driven by megatrends like energy efficiency and digital technology, but recently, organic growth has been flat. Despite strong margins and earnings growth, Hubbell's current valuation at 27 times earnings is high, posing a risk if margins revert. The company has been active in M&A, including the $1.1 billion acquisition of Northern Star Holdings, boosting its growth profile. Given the high valuation and flat organic growth, I am extremely cautious about Hubbell's shares at current levels. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Hubbell makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:HUBB Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 265,9969048890
31 Dec 255,8458868650
30 Sep 255,6868588170
30 Jun 255,6268298240
31 Mar 255,5958048100
31 Dec 245,6297788090
30 Sep 245,6407508450
30 Jun 245,5737248630
31 Mar 245,4877138600
31 Dec 235,3737508530
30 Sep 235,2477108160
30 Jun 235,1876608010
31 Mar 235,0775897930
31 Dec 224,9485107690
30 Sep 224,8284877260
30 Jun 224,5964406860
31 Mar 224,3943936460
31 Dec 214,1943646180
30 Sep 213,6283245390
30 Jun 213,6543285590
31 Mar 213,5493275520
31 Dec 203,6833295950
30 Sep 204,2513716890
30 Jun 204,3473947020
31 Mar 204,5944027660
31 Dec 193,9473606360
30 Sep 194,6323867660
30 Jun 194,6083687610
31 Mar 194,5783737400
31 Dec 184,4823597300
30 Sep 184,2552927030
30 Jun 184,0262596760
31 Mar 183,8082386440
31 Dec 173,6692426230
30 Sep 173,6052866240
30 Jun 173,5622926190
31 Mar 173,5232946180
31 Dec 163,5052926080
30 Sep 163,4812896150
30 Jun 163,4502766170
31 Mar 163,4162756090
31 Dec 153,3902776020
30 Sep 153,4102965980
30 Jun 153,4283135970

Quality Earnings: HUBB has high quality earnings.

Growing Profit Margin: HUBB's current net profit margins (15.1%) are higher than last year (14.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HUBB's earnings have grown significantly by 20.4% per year over the past 5 years.

Accelerating Growth: HUBB's earnings growth over the past year (12.5%) is below its 5-year average (20.4% per year).

Earnings vs Industry: HUBB earnings growth over the past year (12.5%) did not outperform the Electrical industry 23.1%.


Return on Equity

High ROE: HUBB's Return on Equity (24.1%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 05:49
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hubbell Incorporated is covered by 25 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert CornellBarclays
Julian MitchellBarclays
Charles Albert DillardBernstein