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 19.7% 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
20.36%
Earnings growth rate
20.68%
EPS growth rate
| Electrical Industry Growth | 9.91% |
| Revenue growth rate | 9.20% |
| Return on equity | 24.09% |
| Net Margin | 15.08% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
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.
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.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.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.Hubbell's Small Picture Looks OK, But The Big Megatrend Picture Is Fantastic
Feb 24HUBB: 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.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.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.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.Hubbell Incorporated's (NYSE:HUBB) Shares May Have Run Too Fast Too Soon
Jan 07
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.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.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.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.Hubbell's (NYSE:HUBB) Dividend Will Be Increased To $1.42
Oct 30Electrical 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.Some Shareholders Feeling Restless Over Hubbell Incorporated's (NYSE:HUBB) P/E Ratio
Sep 08Is Now The Time To Put Hubbell (NYSE:HUBB) On Your Watchlist?
Aug 19Hubbell Incorporated Just Beat EPS By 14%: Here's What Analysts Think Will Happen Next
Aug 01We Like Hubbell's (NYSE:HUBB) Returns And Here's How They're Trending
Jul 20We Think Hubbell (NYSE:HUBB) Can Stay On Top Of Its Debt
Jul 07Estimating The Intrinsic Value Of Hubbell Incorporated (NYSE:HUBB)
May 27Hubbell: Valuation Fair With No Immediate Short-Term Upside
Feb 13Hubbell: Too Electrified, Despite A Great Positioning
Nov 22Hubbell: Winning The Electricity Mega-Trends
Sep 07Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Hubbell makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 5,996 | 904 | 894 | 0 |
| 31 Dec 25 | 5,845 | 886 | 865 | 0 |
| 30 Sep 25 | 5,686 | 858 | 817 | 0 |
| 30 Jun 25 | 5,626 | 829 | 824 | 0 |
| 31 Mar 25 | 5,595 | 802 | 811 | 0 |
| 31 Dec 24 | 5,629 | 778 | 809 | 0 |
| 30 Sep 24 | 5,640 | 750 | 845 | 0 |
| 30 Jun 24 | 5,573 | 724 | 863 | 0 |
| 31 Mar 24 | 5,487 | 713 | 860 | 0 |
| 31 Dec 23 | 5,373 | 750 | 853 | 0 |
| 30 Sep 23 | 5,247 | 710 | 816 | 0 |
| 30 Jun 23 | 5,187 | 660 | 801 | 0 |
| 31 Mar 23 | 5,077 | 589 | 793 | 0 |
| 31 Dec 22 | 4,948 | 510 | 769 | 0 |
| 30 Sep 22 | 4,828 | 487 | 726 | 0 |
| 30 Jun 22 | 4,596 | 440 | 686 | 0 |
| 31 Mar 22 | 4,394 | 393 | 646 | 0 |
| 31 Dec 21 | 4,194 | 364 | 618 | 0 |
| 30 Sep 21 | 3,628 | 324 | 539 | 0 |
| 30 Jun 21 | 3,654 | 328 | 559 | 0 |
| 31 Mar 21 | 3,549 | 327 | 552 | 0 |
| 31 Dec 20 | 3,683 | 329 | 595 | 0 |
| 30 Sep 20 | 4,251 | 371 | 689 | 0 |
| 30 Jun 20 | 4,347 | 394 | 702 | 0 |
| 31 Mar 20 | 4,594 | 402 | 766 | 0 |
| 31 Dec 19 | 3,947 | 360 | 636 | 0 |
| 30 Sep 19 | 4,632 | 386 | 766 | 0 |
| 30 Jun 19 | 4,608 | 368 | 761 | 0 |
| 31 Mar 19 | 4,578 | 373 | 740 | 0 |
| 31 Dec 18 | 4,482 | 359 | 730 | 0 |
| 30 Sep 18 | 4,255 | 292 | 703 | 0 |
| 30 Jun 18 | 4,026 | 259 | 676 | 0 |
| 31 Mar 18 | 3,808 | 238 | 644 | 0 |
| 31 Dec 17 | 3,669 | 242 | 623 | 0 |
| 30 Sep 17 | 3,605 | 286 | 624 | 0 |
| 30 Jun 17 | 3,562 | 292 | 619 | 0 |
| 31 Mar 17 | 3,523 | 294 | 618 | 0 |
| 31 Dec 16 | 3,505 | 292 | 608 | 0 |
| 30 Sep 16 | 3,481 | 289 | 615 | 0 |
| 30 Jun 16 | 3,450 | 276 | 617 | 0 |
| 31 Mar 16 | 3,416 | 275 | 609 | 0 |
| 31 Dec 15 | 3,390 | 277 | 602 | 0 |
| 30 Sep 15 | 3,410 | 296 | 598 | 0 |
| 30 Jun 15 | 3,428 | 313 | 597 | 0 |
Quality Earnings: HUBB has high quality earnings.
Growing Profit Margin: HUBB's current net profit margins (15.1%) are higher than last year (14.3%).
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 (12.7%) is below its 5-year average (20.4% per year).
Earnings vs Industry: HUBB earnings growth over the past year (12.7%) did not outperform the Electrical industry 26.1%.
Return on Equity
High ROE: HUBB's Return on Equity (24.1%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 22:24 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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 24 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julian Mitchell | Barclays |
| Robert Cornell | Barclays |
| Charles Albert Dillard | Bernstein |