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Hubbell HUBB Non-Controlling Interests

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Other financials

Income statement

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Revenue$1.7B+15.3%
Gross profit$613.0M+11.0%
Operating income$348.6M+3.7%
Net income$240.4M-1.6%
EPS (diluted)$4.52-0.9%

Balance sheet

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Cash & equivalents$378.6M-1.0%
Total debt$5.0B+316%
Total equity$3.9B+12.2%
Total assets$11.8B+65.7%

Cash flow

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Operating cash flow$249.8M-4.1%
CapEx$37.0M-7.3%
Free cash flow$212.8M-3.6%

Valuation

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Market cap$27.13B+20.5%
Enterprise value$31.74B+36.1%
P/E30.1×+2.8×
P/S4.4×+0.4×

Profitability

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Gross margin35.2%+0.6pp
Operating margin20.2%-0.1pp
Net margin14.5%-0.2pp
FCF margin14.5%+0.5pp

Returns & leverage

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Return on equity24.4%-0.9pp
Debt / equity1.3×+0.9×
Current ratio1.6×+0.3×

Where this comes from

Reported directly by Hubbell in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Hubbell’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 8:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050405
(in millions)June 30, 2026December 31, 2025
Deferred tax liabilities816.0420.1
Other Non-Current Liabilities432.8405.8
TOTAL LIABILITIES7,923.24,370.9
Commitments and contingencies (Note 15)
Hubbell Incorporated Shareholders’ Equity3,911.93,847.9
Noncontrolling interest11.110.0
TOTAL EQUITY3,923.03,857.9
TOTAL LIABILITIES AND EQUITY$11,846.2$8,228.8

ITEM 1 Financial Statements

FAQ

What is Hubbell's non-controlling interests?
Hubbell (HUBB) reported non-controlling interests of $11.1M in Q2 2026.
How has Hubbell's non-controlling interests changed year-over-year?
Hubbell's non-controlling interests decreased by 0.0% year-over-year, from $11.1M to $11.1M.
What is the long-term trend for Hubbell's non-controlling interests?
Over 5 years (2020 to 2025), Hubbell's non-controlling interests has grown at a -8.3% compound annual growth rate (CAGR), from $15.4M to $10M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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