Hubbell Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $5.84B | $5.63B | $5.37B | $4.95B | $4.19B | $3.68B | $3.95B |
| Cost of Revenue | — | $3.78B | $3.72B | $3.50B | $3.48B | $3.04B | $2.60B | $2.78B |
| Gross Profit | — | $2.06B | $1.91B | $1.88B | $1.47B | $1.15B | $1.09B | $1.17B |
| Gross Margin | — | 35.3% | 33.9% | 34.9% | 29.7% | 27.5% | 29.5% | 29.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $855.3M | $812.5M | $849.6M | $762.5M | $619.2M | $591.3M | $644.9M |
| Operating Income | — | $1.21B | $1.09B | $1.03B | $709.1M | $532.3M | $494.5M | $526.7M |
| Operating Margin | — | 20.7% | 19.4% | 19.1% | 14.3% | 12.7% | 13.4% | 13.3% |
| Interest Expense | — | — | — | — | — | — | $60.3M | $69.4M |
| Pretax Income | — | $1.12B | $1.01B | $972.2M | $657.0M | $459.3M | $424.5M | $469.2M |
| Income Tax Expense | — | $227.2M | $222.1M | $214.6M | $140.2M | $88.2M | $89.8M | $101.2M |
| Net Income | — | $887.1M | $779.0M | $751.4M | $545.9M | $399.5M | $351.2M | $400.9M |
| Net Margin | — | 15.2% | 13.8% | 14.0% | 11.0% | 9.5% | 9.5% | 10.2% |
| EPS (Basic) | — | $16.63 | $14.49 | $13.98 | $10.13 | $7.33 | $6.46 | $7.35 |
| EPS (Diluted) | — | $16.54 | $14.39 | $13.89 | $10.07 | $7.28 | $6.43 | $7.31 |
| Shares Outstanding (Basic) | 53.2M | 53.2M | 53.7M | 53.6M | 53.7M | 54.3M | 54.2M | 54.4M |
| Shares Outstanding (Diluted) | 53.2M | 53.5M | 54.0M | 54.0M | 54.1M | 54.7M | 54.5M | 54.7M |
| Dividends Per Share | — | $5.38 | $4.98 | $4.58 | $4.27 | $3.99 | $3.71 | $3.43 |