Hubbell HUBB Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| TOTAL NET SALES by Business | |||||
| Electrical Solutions | $2.17B+7.1% | $2.03B-4.0% | $2.11B+1.7% | $2.08B+11.7% | |
| Utility Solutions | $3.67B+2.0% | $3.6B+10.4% | $3.26B+13.6% | $2.87B+23.0% | |
| Total Operating Income by Business | |||||
| Electrical Solutions | $418.9M+14.6% | $365.6M+11.1% | $329M+21.4% | $270.9M+9.1% | |
| Utility Solutions | $789.9M+6.5% | $741.6M+6.2% | $698.4M+59.4% | $438.2M+54.2% | |
| Total Gross Profit by Business | |||||
| Electrical Solutions | $788.1M+8.3% | $727.6M-2.3% | $745.1M+12.5% | $662.1M— | |
| Utility Solutions | $1.28B+7.0% | $1.19B+5.3% | $1.13B+39.8% | $809.5M— | |
| Total Operating Income as a % of Net Sales by Business | |||||
| Electrical Solutions | 57.3%+3.8pp | 53.5%+37.9pp | 15.6%— | —— | |
| Total expected costs by Business | |||||
| Electrical Solutions | $52.4M+58.8% | $33M-19.9% | $41.2M+68.9% | $24.4M-69.3% | |
| Utility Solutions | $26M+33.3% | $19.5M-25.6% | $26.2M-21.3% | $33.3M-31.2% | |
| TOTAL ASSETS by Business | |||||
| Electrical Solutions | $8.51B— | —— | —— | —— | |
| Utility Solutions | $19.53B— | —— | —— | —— | |
| Cost of goods sold by Business | |||||
| Electrical Solutions | $1.38B+6.5% | $1.3B-4.8% | $1.37B-3.4% | $1.41B— | |
| Utility Solutions | $2.4B-0.5% | $2.41B+13.1% | $2.13B+3.3% | $2.06B— | |
| Selling & administrative expenses by Business | |||||
| Electrical Solutions | $369.2M+2.0% | $362M-13.0% | $416.1M+6.4% | $391.2M— | |
| Utility Solutions | $486.1M+7.9% | $450.5M+3.9% | $433.5M+16.8% | $371.3M— | |
| D&A by Business | |||||
| Electrical Solutions | $54.3M+14.1% | $47.6M+2.8% | $46.3M-6.1% | $49.3M+21.4% | |
| Utility Solutions | $151.8M-7.7% | $164.5M+59.1% | $103.4M+4.2% | $99.2M-8.6% | |
| Foreign currency translation by Business | |||||
| Utility Solutions | $18M— | —— | $5.7M— | —— | |
| Pre-tax Restructuring Costs by Business | |||||
| Electrical Solutions | $5.9M-28.9% | $8.3M+219% | $2.6M-60.0% | $6.5M— | |
| Utility Solutions | $6.1M+35.6% | $4.5M+55.2% | $2.9M-39.6% | $4.8M+100% | |
| Remaining costs by Business | |||||
| Electrical Solutions | $15M+20.0% | $12.5M-5.3% | $13.2M+67.1% | $7.9M-39.2% | |
| Utility Solutions | $8.5M+193% | $2.9M-27.5% | $4M-77.7% | $17.9M+61.3% | |
| TOTAL CAPITAL EXPENDITURES by Business | |||||
| Electrical Solutions | $73.8M-3.9% | $76.8M+16.0% | $66.2M+67.6% | $39.5M+27.0% | |
| Utility Solutions | $81.3M-21.5% | $103.6M+4.1% | $99.5M+14.5% | $86.9M+55.7% | |
| Costs incurred by Business | |||||
| Electrical Solutions | $5.9M-13.2% | $6.8M+172% | $2.5M-60.3% | $6.3M— | |
| Utility Solutions | $6.1M+48.8% | $4.1M+41.4% | $2.9M-27.5% | $4M+66.7% | |
| Goodwill by Business | |||||
| Electrical Solutions | $2.7B+6.5% | $2.54B-6.9% | $2.73B+5.1% | $2.6B-0.3% | |
| Utility Solutions | $8.06B+7.0% | $7.53B+30.4% | $5.78B+14.3% | $5.05B+0.3% | |
| TOTAL NET SALES by Product | |||||
| Electrical Products | $913.2M+3.5% | $881.9M+11.8% | $788.9M-18.6% | $969.1M+19.7% | |
| Grid Automation | $924.1M-13.6% | $1.07B+6.7% | $1B+17.2% | $855.5M— | |
| Grid Infrastructure | $2.75B+8.6% | $2.53B+12.0% | $2.26B+12.1% | $2.02B— | |
| Industrial | $1.26B+11.9% | $1.12B— | —— | $879.7M— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Hubbell break its business down?
- Hubbell (HUBB) reports total net sales by business across 2 parts — Electrical Solutions and Utility Solutions. Each is extracted from the segment footnotes and tracked over time.
- Where does Hubbell's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Hubbell's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
