Hub Group Past Earnings Performance
Past criteria checks 2/6
Hub Group's earnings have been declining at an average annual rate of -2.3%, while the Logistics industry saw earnings declining at 1.9% annually. Revenues have been growing at an average rate of 0.1% per year. Hub Group's return on equity is 6%, and it has net margins of 2.8%.
Key information
-2.25%
Earnings growth rate
-0.52%
EPS growth rate
| Logistics Industry Growth | 19.04% |
| Revenue growth rate | 0.12% |
| Return on equity | 6.01% |
| Net Margin | 2.82% |
| Last Earnings Update | 30 Sep 2025 |
Recent past performance updates
Recent updates
Narrative Update • Jul 01
HUBG: Restatements And Legal Actions Will Pressure Earnings Quality
Hub Group's updated analyst fair value estimate has shifted from $36.00 to $29.00, reflecting a lower projected future P/E, along with revised views on revenue growth, profit margins and recent Street price target moves. Analyst Commentary on Hub Group Recent Street research on Hub Group reflects a more cautious tone, with several bearish analysts trimming price targets and recalibrating expectations for the stock.Analysis Article • Jun 17
Hub Group (HUBG) Stock Could Be 17.8% Undervalued Ahead Of Next Week’s Earnings
Hub Group (HUBG) stock is in focus ahead of next Friday’s earnings report, as investors weigh last quarter’s revenue beat alongside an EPS miss and monitor year-on-year revenue trends. See our latest analysis for Hub Group. At a share price of $45.19, Hub Group stock has pulled back slightly over the last day but still shows strong recent momentum, with a 30 day share price return of 18.39% and a 1 year total shareholder return of 40.19%. This suggests investors are reassessing both earnings...
Narrative Update • Jun 17
HUBG: Restatements And Leadership Turnover Will Challenge Fair Value Steadiness
Analysts have trimmed the Hub Group price target to $42. This reflects a series of recent target cuts and a more cautious outlook embedded in slightly adjusted discount rate and valuation assumptions.Narrative Update • Jun 03
HUBG: Restatements And Governance Reset Will Test Fair Value Stability
Hub Group's updated analyst price target has edged down to about $42 per share from around $43, with analysts citing fine tuned assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E after a mix of target cuts and increases across recent research updates. Analyst Commentary Recent research on Hub Group reflects a mix of optimism and caution, with several firms recalibrating their price targets and one shifting its rating.Narrative Update • Apr 26
HUBG: Rail Merger And Free Cash Flow Will Offset Execution Concerns
The updated analyst price target for Hub Group edges lower by about $0.13 to roughly $42.73, as analysts weigh recent target cuts and downgrades alongside a few modest target increases and slightly revised assumptions on growth, margins, and future P/E. Analyst Commentary Recent research on Hub Group reflects a mixed view, with some analysts trimming targets and ratings while others make modest upward revisions to their estimates.Narrative Update • Apr 10
HUBG: Rail Merger And Free Cash Flow Will Shape Balanced Outlook
Analysts have trimmed the Hub Group fair value estimate from $44.33 to $42.87. This reflects updated views on slightly softer revenue growth and profit margin assumptions, partially offset by modestly higher long term P/E expectations and mixed recent price target changes across the Street.Seeking Alpha • Apr 08
Hub Group: The Error That Broke The Buy Thesis (Rating Downgrade)
Summary Hub Group is downgraded to a sell due to ongoing EBITDA margin pressure and accounting uncertainty. An accounting issue understated accounts payable by $77 million, dropping adjusted EBITDA margin from 7.5% to 4.7%. Valuation is now fair only if the $77 million pressure is structural; upside exists only if this is a one-off event. Until Hub Group clarifies whether the EBITDA impact is ongoing or temporary, risk outweighs reward, and exiting the position is prudent. Read the full article on Seeking AlphaNarrative Update • Mar 27
HUBG: Rail Merger And Free Cash Flow Will Support Forward Upside
Hub Group's updated analyst price target edges lower by about $1 to roughly $44, as analysts weigh mixed recent research that includes earlier target hikes tied to rail partnership benefits and trucking supply tightness, alongside more cautious downgrades and trims reflecting softer seasonality and industry uncertainty. Analyst Commentary Recent research on Hub Group offers a split picture, with some analysts highlighting upside tied to rail partnerships and supply driven improvements in trucking, while others focus on softer seasonality and ongoing uncertainty around freight demand and pricing.Narrative Update • Mar 12
HUBG: Rail Merger Benefits And Buybacks Will Support Forward Upside
Analysts have raised their average price target on Hub Group to $45.67, reflecting updated views on intermodal volumes, potential benefits from proposed rail mergers, and a series of recent target changes across major firms. Analyst Commentary Recent research on Hub Group has been mixed, with several firms lifting price targets and a couple of fresh downgrades reminding investors that execution and industry conditions remain key swing factors.Narrative Update • Feb 26
HUBG: Rail Tie Up And Buybacks Will Shape Cautious Forward Outlook
Our updated analyst price target for Hub Group, now set at $45.67, reflects a balanced reading of recent research where several firms raised targets based on expectations around intermodal trends, rail partnership benefits and truckload supply tightening, while others turned more cautious on valuation and near term industry headwinds. Analyst Commentary Recent research on Hub Group splits into two clear camps, with some analysts becoming more constructive on the company’s position in intermodal and truckload, while others are dialing back enthusiasm on valuation and industry cyclicality.Narrative Update • Feb 11
HUBG: Rail Tie Up And Buybacks Will Underpin Cautious Future Upside
Our fair value estimate for Hub Group has been adjusted from $48.00 to $45.67 as analysts factor in higher discount rates, slightly lower profit margins, and a modestly reduced future P/E multiple, even as several firms lift their price targets on expectations for intermodal and truckload improvement and potential benefits from the proposed Union Pacific and Norfolk Southern rail tie up. Analyst Commentary Recent Street research on Hub Group reflects a mixed setup, with several firms lifting price targets or ratings while others turn more cautious, often on timing and sustainability of any freight upturn rather than the company’s basic positioning.
New Narrative • Feb 10
Intermodal Service Strength And Productivity Gains Will Support A Bullish Long Term Outlook
Catalysts About Hub Group Hub Group provides intermodal, dedicated trucking and logistics services across North America to help shippers manage and move freight efficiently. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 27
HUBG: Rail Tie Up And Free Cash Flow Will Support Measured Upside
Analysts have lifted their price targets and fair value estimate for Hub Group to about $48 per share, citing improved intermodal prospects, potential benefits from the proposed Union Pacific and Norfolk Southern rail tie up, and solid free cash flow alongside a valuation they still view as discounted. Analyst Commentary Recent research updates on Hub Group cluster around a higher fair value range, with most firms lifting price targets into the high $40s to mid $50s and several shifting to more constructive ratings.Narrative Update • Jan 12
HUBG: Gradual Truckload Recovery Will Meet Cautious Guidance And Fair Valuation
Narrative Update The analyst price target for Hub Group has moved higher by about US$3 to US$4 per share, as analysts factor in updated views on a gradual truckload recovery, tighter valuation frameworks, and modest adjustments to long term growth, profitability, and P/E assumptions. Analyst Commentary Recent research on Hub Group points to a mix of cautious optimism and ongoing concerns, with higher price targets reflecting updated views on truckload conditions, valuation frameworks, and the need for clearer improvement in fundamentals.Narrative Update • Dec 26
HUBG: Soft Freight Conditions Will Meet Gradual Margin And Guidance Improvement
Analysts have nudged their blended price target for Hub Group modestly higher, with fair value rising by roughly $0.50 per share to about $41.30. Slightly better long term margin and valuation assumptions outweighed cautious revenue growth expectations amid weak industrial demand and oversupplied transport markets.Narrative Update • Dec 12
HUBG: Cautious Freight Backdrop Will Meet Gradual Earnings And Guidance Recovery
Analysts have nudged their price target on Hub Group modestly higher to approximately $40.82 from about $39.94, citing slightly improved long term growth and profitability assumptions, even as they point to ongoing industry oversupply and only gradually improving fundamentals. Analyst Commentary Recent Street research reflects a mixed but generally cautious stance on Hub Group, with modest price target revisions that capture both incremental optimism on execution and lingering concerns around the broader freight backdrop.Analysis Article • Nov 27
Hub Group's (NASDAQ:HUBG) Dividend Will Be $0.125
Hub Group, Inc. ( NASDAQ:HUBG ) has announced that it will pay a dividend of $0.125 per share on the 17th of December...Analysis Article • Nov 02
Analyst Estimates: Here's What Brokers Think Of Hub Group, Inc. (NASDAQ:HUBG) After Its Third-Quarter Report
Investors in Hub Group, Inc. ( NASDAQ:HUBG ) had a good week, as its shares rose 3.4% to close at US$36.83 following...Analysis Article • Sep 23
Be Wary Of Hub Group (NASDAQ:HUBG) And Its Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Analysis Article • Sep 05
Hub Group's (NASDAQ:HUBG) Dividend Will Be $0.125
Hub Group, Inc.'s ( NASDAQ:HUBG ) investors are due to receive a payment of $0.125 per share on 24th of September. This...Analysis Article • Jul 02
An Intrinsic Calculation For Hub Group, Inc. (NASDAQ:HUBG) Suggests It's 35% Undervalued
Key Insights Hub Group's estimated fair value is US$53.95 based on 2 Stage Free Cash Flow to Equity Current share price...Analysis Article • Jun 16
Returns On Capital Signal Tricky Times Ahead For Hub Group (NASDAQ:HUBG)
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • May 28
At US$34.23, Is Hub Group, Inc. (NASDAQ:HUBG) Worth Looking At Closely?
Hub Group, Inc. ( NASDAQ:HUBG ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • May 13
Hub Group, Inc. Just Missed Revenue By 5.0%: Here's What Analysts Think Will Happen Next
It's been a pretty great week for Hub Group, Inc. ( NASDAQ:HUBG ) shareholders, with its shares surging 11% to US$35.84...Seeking Alpha • Apr 16
Hub Group: Uncertainty For A Fragile Market
Summary Hub Group, Inc.'s stock has declined over 30% due to overcapacity in logistics and trade tensions impacting demand, leading to reduced price targets. The company reported $3.95 billion in sales, missing estimates, and faces margin pressures from economic uncertainties and trade policies. 2025 guidance reflects uncertainty with a wide range for sales and EPS, highlighting the challenging macroeconomic environment. Despite maintaining a buy rating for HUBG stock, I acknowledge the high risks and potential for future downgrades if recovery plans are insufficient. Read the full article on Seeking AlphaAnalysis Article • Apr 15
Investors Appear Satisfied With Hub Group, Inc.'s (NASDAQ:HUBG) Prospects
Hub Group, Inc.'s ( NASDAQ:HUBG ) price-to-earnings (or "P/E") ratio of 19.8x might make it look like a sell right now...Analysis Article • Mar 31
Is There An Opportunity With Hub Group, Inc.'s (NASDAQ:HUBG) 47% Undervaluation?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Hub Group fair value estimate is US$70.25 Hub Group's US$37.13...Analysis Article • Mar 10
Hub Group (NASDAQ:HUBG) Has Affirmed Its Dividend Of $0.125
Hub Group, Inc. ( NASDAQ:HUBG ) will pay a dividend of $0.125 on the 28th of March. Including this payment, the...Analysis Article • Feb 27
Capital Allocation Trends At Hub Group (NASDAQ:HUBG) Aren't Ideal
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Analysis Article • Feb 12
Is Now The Time To Look At Buying Hub Group, Inc. (NASDAQ:HUBG)?
Hub Group, Inc. ( NASDAQ:HUBG ), is not the largest company out there, but it saw significant share price movement...Analysis Article • Dec 17
Hub Group (NASDAQ:HUBG) Seems To Use Debt Quite Sensibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Dec 02
Shareholders Should Be Pleased With Hub Group, Inc.'s (NASDAQ:HUBG) Price
With a price-to-earnings (or "P/E") ratio of 29.2x Hub Group, Inc. ( NASDAQ:HUBG ) may be sending bearish signals at...Analysis Article • Nov 16
Hub Group (NASDAQ:HUBG) Will Be Hoping To Turn Its Returns On Capital Around
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Oct 17
Should You Think About Buying Hub Group, Inc. (NASDAQ:HUBG) Now?
While Hub Group, Inc. ( NASDAQ:HUBG ) might not have the largest market cap around , it saw significant share price...
New Narrative • Sep 09
Strategic Moves And Market Dynamics Set To Propel Logistics Leader's Growth And Margins
Integration of acquisitions and new customer site onboarding in logistics services are expected to drive revenue growth and improve net margins.Seeking Alpha • Aug 30
Hub Group: Why I Am Cutting My Stock Price Target By 10%
Summary Hub Group faces a challenging demand environment, but LTL business growth and cost reductions provide some upside potential. Q2 revenues declined, with operating income dropping 36%, reflecting tough macroeconomic conditions and margin contraction. Revised EPS guidance is slightly lower, but Hub Group's low leverage and potential for intermodal growth offer some optimism. Despite a 10% lower price target, I maintain a buy rating due to cost control, low leverage, and potential 2025 upside. Read the full article on Seeking AlphaAnalysis Article • Aug 19
Are Investors Undervaluing Hub Group, Inc. (NASDAQ:HUBG) By 32%?
Key Insights The projected fair value for Hub Group is US$63.54 based on 2 Stage Free Cash Flow to Equity Hub Group is...Analysis Article • Jul 29
Hub Group (NASDAQ:HUBG) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jul 13
Returns On Capital At Hub Group (NASDAQ:HUBG) Paint A Concerning Picture
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Analysis Article • May 21
Market Participants Recognise Hub Group, Inc.'s (NASDAQ:HUBG) Earnings
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...Seeking Alpha • May 17
Is Hub Group Stock A Buy Despite The Freight Recession?
Summary Hub Group, Inc.'s Q1 2024 earnings show a freight recession with declining revenues and operating income margin. The company is focused on managing costs and shifting truck loads to intermodal to improve business performance. Despite the current challenges, there is a compelling investment case for Hub Group, with potential upside in 2025 and beyond. Read the full article on Seeking AlphaAnalysis Article • May 05
Should You Investigate Hub Group, Inc. (NASDAQ:HUBG) At US$42.54?
Hub Group, Inc. ( NASDAQ:HUBG ), is not the largest company out there, but it saw significant share price movement...Analysis Article • Apr 19
Hub Group, Inc.'s (NASDAQ:HUBG) Intrinsic Value Is Potentially 51% Above Its Share Price
Key Insights The projected fair value for Hub Group is US$58.46 based on 2 Stage Free Cash Flow to Equity Hub Group's...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Hub Group 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 |
|---|---|---|---|---|
| 30 Sep 25 | 3,729 | 105 | 150 | 0 |
| 30 Jun 25 | 3,781 | 100 | 152 | 0 |
| 31 Mar 25 | 3,862 | 104 | 153 | 0 |
| 31 Dec 24 | 3,946 | 104 | 155 | 0 |
| 30 Sep 24 | 3,958 | 108 | 161 | 0 |
| 30 Jun 24 | 3,996 | 115 | 158 | 0 |
| 31 Mar 24 | 4,050 | 133 | 154 | 0 |
| 31 Dec 23 | 4,203 | 168 | 153 | 0 |
| 30 Sep 23 | 4,503 | 218 | 154 | 0 |
| 30 Jun 23 | 4,834 | 275 | 168 | 0 |
| 31 Mar 23 | 5,195 | 331 | 178 | 0 |
| 31 Dec 22 | 5,340 | 357 | 173 | 0 |
| 30 Sep 22 | 5,311 | 362 | 214 | 0 |
| 30 Jun 22 | 5,031 | 318 | 251 | 0 |
| 31 Mar 22 | 4,611 | 242 | 279 | 0 |
| 31 Dec 21 | 4,232 | 171 | 135 | 0 |
| 30 Sep 21 | 3,929 | 110 | 299 | 0 |
| 30 Jun 21 | 3,778 | 91 | 277 | 0 |
| 31 Mar 21 | 3,576 | 78 | 280 | 0 |
| 31 Dec 20 | 3,496 | 74 | 287 | 0 |
| 30 Sep 20 | 3,444 | 79 | 302 | 0 |
| 30 Jun 20 | 3,432 | 80 | 321 | 0 |
| 31 Mar 20 | 3,574 | 97 | 328 | 0 |
| 31 Dec 19 | 3,668 | 107 | 335 | 0 |
| 30 Sep 19 | 3,786 | 113 | 339 | 0 |
| 30 Jun 19 | 3,806 | 113 | 331 | 0 |
| 31 Mar 19 | 3,779 | 100 | 322 | 0 |
| 31 Dec 18 | 3,684 | 88 | 303 | 0 |
| 30 Sep 18 | 3,575 | 150 | 290 | 0 |
| 30 Jun 18 | 3,466 | 136 | 279 | 0 |
| 31 Mar 18 | 3,068 | 121 | 240 | 0 |
| 31 Dec 17 | 3,123 | 120 | 253 | 0 |
| 30 Sep 17 | 3,192 | 42 | 273 | 0 |
| 30 Jun 17 | 3,300 | 48 | 285 | 0 |
| 31 Mar 17 | 3,660 | 67 | 327 | 0 |
| 31 Dec 16 | 2,750 | 58 | 227 | 0 |
| 30 Sep 16 | 3,485 | 79 | 314 | 0 |
| 30 Jun 16 | 3,452 | 81 | 304 | 0 |
| 31 Mar 16 | 3,496 | 79 | 297 | 0 |
| 31 Dec 15 | 3,526 | 71 | 288 | 0 |
| 30 Sep 15 | 3,551 | 65 | 272 | 0 |
Quality Earnings: HUBG has high quality earnings.
Growing Profit Margin: HUBG's current net profit margins (2.8%) are higher than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HUBG's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: HUBG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HUBG had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Logistics industry average (-1%).
Return on Equity
High ROE: HUBG's Return on Equity (6%) is considered low.
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 | 2026/07/10 22:09 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Hub Group, Inc. is covered by 29 analysts. 11 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 |
|---|---|
| Daniel Moore | Baird |
| Brandon Oglenski | Barclays |
| Christopher Kuhn | Benchmark Company |