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Hubbell HUBB Gross margin

Gross margin at other companies

TE Connectivity logo
TE ConnectivityTEL
36.1%+1.2pp
Eaton Corporation logo
Eaton CorporationETN
36.9%-1.6pp
nVent Electric plc logo
nVent Electric plcNVT
37%-2.9pp
EMCOR Group logo
EMCOR GroupEME
19.3%0.0pp
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
23.3%+2.2pp
Wesco International logo
Wesco InternationalWCC
21.2%-0.4pp

Other financials

Income statement

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Revenue$1.5B+11.1%
Gross profit$505.3M+14.2%
Operating income$263.8M+14.5%
Net income$181.8M+11.4%
EPS (diluted)$3.41+12.5%

Balance sheet

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Cash & equivalents$501.6M+44.6%
Total debt$2.2B+84.3%
Total equity$3.8B+15.6%
Total assets$8.4B+21.6%

Cash flow

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Operating cash flow$86.6M+132%
CapEx$40.6M+56.2%
Free cash flow$46.0M+304%

Valuation

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Market cap$26.89B+46.8%
Enterprise value$28.59B+49.2%
P/E29.7×+6.9×
P/S4.5×+1.2×

Profitability

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Operating margin20.7%+0.9pp
Net margin15.1%+0.7pp

Returns & leverage

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Return on equity25.8%-0.2pp
Debt / equity0.6×+0.2×
Current ratio1.6×+0.4×

Where this comes from

Calculated from Hubbell’s reported figures.

Based on trailing twelve months.

The official record: Hubbell’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hubbell's gross margin?
Hubbell (HUBB) reported gross margin of 35.5% in Q1 2026.
How has Hubbell's gross margin changed year-over-year?
Hubbell's gross margin increased by 3.6% year-over-year, from 34.2% to 35.5%.
What is the long-term trend for Hubbell's gross margin?
Over 4 years (2021 to 2025), Hubbell's gross margin has grown at a 5.3% compound annual growth rate (CAGR), from 113.1% to 139.3%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.