Hubbell Utility Solutions — Goodwill decreased by 0.0% to $2.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.1%, from $1.88B to $2.38B. Over 4 years (FY 2021 to FY 2025), Utility Solutions — Goodwill shows an upward trend with a 12.5% CAGR.
Significant changes often signal recent M&A activity, while impairment charges indicate that the value of past acquisitions has declined.
An intangible asset recorded on the segment's balance sheet when the purchase price of an acquired business exceeds the...
Standard balance sheet item for companies that grow through acquisition.
hubb_segment_utility_solutions_goodwill| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.26B | $1.26B | $1.26B | $1.26B | $1.25B | $1.27B | $1.28B | $1.28B | $1.30B | $1.30B | $1.90B | $1.90B | $1.88B | $1.89B | $1.87B | $1.88B | $1.89B | $1.91B | $2.38B | $2.38B |
| QoQ Change | — | +0.2% | -0.1% | -0.0% | -0.5% | +1.3% | +0.7% | +0.3% | +1.7% | -0.2% | +46.1% | +0.0% | -1.0% | +0.4% | -0.9% | +0.4% | +0.5% | +1.5% | +24.6% | -0.0% |
| YoY Change | — | — | — | — | -0.5% | +0.6% | +1.4% | +1.6% | +3.9% | +2.4% | +48.7% | +48.4% | +44.5% | +45.3% | -1.5% | -1.2% | +0.3% | +1.4% | +27.6% | +27.1% |