Business Segments · Goodwill

Utility Solutions — Goodwill

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ4 2018
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

Significant changes often signal recent M&A activity, while impairment charges indicate that the value of past acquisitions has declined.

Detailed definition

An intangible asset recorded on the segment's balance sheet when the purchase price of an acquired business exceeds the...

Peer comparison

Standard balance sheet item for companies that grow through acquisition.

Metric ID: hubb_segment_utility_solutions_goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$1.25B$2.38B
CAGR+14.4%
Avg YoY Growth+15.6%
Median YoY Growth+2.0%

Frequently Asked Questions

What is Hubbell's utility solutions — goodwill?
Hubbell (HUBB) reported utility solutions — goodwill of $2.38B in Q1 2026.
How has Hubbell's utility solutions — goodwill changed year-over-year?
Hubbell's utility solutions — goodwill increased by 27.1% year-over-year, from $1.88B to $2.38B.
What is the long-term trend for Hubbell's utility solutions — goodwill?
Over 4 years (2021 to 2025), Hubbell's utility solutions — goodwill has grown at a 12.5% compound annual growth rate (CAGR), from $5.04B to $8.06B.
What does utility solutions — goodwill mean?
The value of intangible assets like brand and customer base acquired through business purchases.