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Hubbell HUBB Operating margin

Operating margin at other companies

TE Connectivity logo
TE ConnectivityTEL
19.7%+2.0pp
nVent Electric plc logo
nVent Electric plcNVT
15.8%-1.3pp
EMCOR Group logo
EMCOR GroupEME
10.1%+0.8pp
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
16.9%+3.7pp
Wesco International logo
Wesco InternationalWCC
5.3%-0.2pp
Quanta Services logo
Quanta ServicesPWR
5.7%-0.1pp

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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Gross margin35.5%+1.2pp
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 operating margin?
Hubbell (HUBB) reported operating margin of 20.7% in Q1 2026.
How has Hubbell's operating margin changed year-over-year?
Hubbell's operating margin increased by 4.5% year-over-year, from 19.8% to 20.7%.
What is the long-term trend for Hubbell's operating margin?
Over 4 years (2021 to 2025), Hubbell's operating margin has grown at a 12.5% compound annual growth rate (CAGR), from 50.6% to 81.1%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.