Hubbell Incorporated
Rank #286ValueHUBB · NYSE · Industrials
Hubbell Incorporated (HUBB) — Rank #286 by gross profitability (GP/assets 0.25) · ROE 23.5% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0000048898 · all metrics point-in-time as of the filing date.
About
Hubbell Incorporated, together with its subsidiaries, manufactures and sells electrical and utility solutions in the United States and internationally.
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It operates through two segments, Electrical Solutions and Utility Solutions. The Utility Solution segment offers critical components that allow the grid to transmit and distribute energy, as well as the communications and controls technologies, including utility transmission and distribution components, such as arresters, insulators, connectors, anchors, bushings, enclosures, cutouts, and switches; and solutions that serve the edge of the utility infrastructure comprising smart meters, communications systems, and protection and control devices. It sells its products under various brands and/or trademarks to the electrical distribution, substation and transmission markets, as well as markets for grid protection and controls, utility meters and advanced metering infrastructure and telcom and gas distribution markets. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, and residential product-oriented internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers.
The company was founded in 1888 and is headquartered in Shelton, Connecticut.
- Industry
- Electrical Equipment & Parts
- Sector
- Industrials
- State
- CT
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- hubbell.com
Price History
Company Snapshot
P/E and dividend yield are the primary valuation lenses for mature businesses.
Market Cap
$23.10B
P/E (annual)
26.4
P/S (annual)
4.0
P/B
6.1
P/OCF (annual)
22.4
Shareholder Yield
0.9%
Employees
19,400
Industry
Electrical Equipment & Parts
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
2/3 passGrowth
2/2 passTerry Smith quality gate
Passes 2/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
11.7%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -0.9% — per-share value needs a total required return of 10.7% once share-count change is priced in.
vs. own 6-year median revenue growth: 6.7%
priced above its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
7.1%
r = 10% (base)
11.7%
r = 12%
15.6%
Net debt / market cap: 8.4%
Note: current FCF margin is 1.5σ above its historical mean — implied growth may understate valuation risk if the margin reverts.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).
Profitability
Gross profitability (GP / assets)
0.25
Primary signal (Novy-Marx).
36th pctl of 43 SIC 36 peers
Return on equity
23.5%
Gross margin
35.3%
17th pctl of 43 SIC 36 peers
Revenue growth (YoY)
3.8%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
5.7%
Revenue CAGR (5Y)
9.7%
Earnings CAGR (3Y)
17.6%
FCF CAGR (3Y)
19.9%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.23
18th pctl of 41 SIC 36 peers (best = lowest)
Current ratio
1.58×
7th pctl of 43 SIC 36 peers
Quick ratio
0.84×
Net cash
-$1.96B
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$874.70M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
-0.01
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.6%
Stock-based comp intensity.
Piotroski F-Score
F-Score
5 / 9
Fundamental-strength score (0-9).