Hubbell Commercial paper borrowings outstanding increased by 86.1% to $534.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.7%, from $415.00M to $534.00M. Over 5 years (FY 2020 to FY 2025), Commercial paper borrowings outstanding shows an upward trend with a 13.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests higher short-term financing needs, while a decrease indicates reduced reliance on short-term debt markets.
This represents short-term, unsecured promissory notes issued by the company to meet immediate working capital needs. It...
Common among large-cap firms with high credit ratings; peers often maintain similar commercial paper programs for treasury management.
other_commercial_paper| Q4 '21 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $100.00M | $199.00M | $90.00M | $274.00M | $123.00M | $415.00M | $401.00M | $550.00M | $287.00M | $534.00M |
| QoQ Change | — | — | — | +99.0% | -54.8% | +204.4% | -55.1% | +237.4% | -3.4% | +37.2% | -47.8% | +86.1% |
| YoY Change | — | — | — | — | — | — | +23.0% | +108.5% | +345.6% | +100.7% | +133.3% | +28.7% |