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Hubbell HUBB Utility Solutions — Cost of goods sold

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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$27.65B+19.0%
Enterprise value$29.35B+22.3%
P/E30.5×+2.6×
P/S4.6×+0.5×

Profitability

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Gross margin35.5%+1.2pp
Operating margin20.7%+0.9pp
Net margin15.1%+0.7pp
FCF margin15.2%+1.4pp

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

Reported directly by Hubbell in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 utility solutions — cost of goods sold?
Hubbell (HUBB) reported utility solutions — cost of goods sold of $631.8M in Q1 2026.
How has Hubbell's utility solutions — cost of goods sold changed year-over-year?
Hubbell's utility solutions — cost of goods sold increased by 7.9% year-over-year, from $585.4M to $631.8M.
What is the long-term trend for Hubbell's utility solutions — cost of goods sold?
Over 3 years (2022 to 2025), Hubbell's utility solutions — cost of goods sold has grown at a 5.1% compound annual growth rate (CAGR), from $2.06B to $2.4B.
What does utility solutions — cost of goods sold mean?
Includes the direct costs attributable to the production of goods sold by the Utility Solutions segment, such as raw materials, direct labor, and manufacturing overhead. It serves as a primary indicator of production efficiency and the direct cost structure of the segment's manufacturing operations.