HUBB HUBBELL INC

Overview and Growth

Fiscal 2025 results for HUBBELL INC combined $5.84B of revenue with net income of $887.10M and an operating cash inflow of $1.03B. Revenue of $5.84B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $5.63B in fiscal 2024, revenue recorded a 3.8% year-over-year increase. The company reported diluted EPS of $16.54, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS increased by 14.9% from $14.39 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis.

Profitability

The first profit layer was $2.06B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 35.3%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced $1.21B of income after the reported operating expense base, before the remaining non-operating and tax effects. The operating result equaled 20.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $887.10M, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 15.2% of revenue, connecting the absolute net income figure with the company’s top-line scale. The earnings statement records $1.12B of pretax income, the profit base against which the reported tax provision can be assessed. Measured against revenue, pretax income equaled 19.1%, adding a pre-tax profitability layer between revenue and net income. The company recognized $227.20M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 20.3%, quantifying the portion of pre-tax earnings paid in income tax.

Liquidity and Capital Structure

Total assets were $8.23B, supported by $4.37B of liabilities and $3.86B of shareholder equity. Current assets were $2.59B against $1.51B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 1.72x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $482.50M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 32.0%, excluding receivables and other current assets. Borrowings totaled $2.33B, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-equity relationship was 0.6x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 28.3%, comparing borrowing with the total asset balance. Relative to total assets, liabilities measured 53.1%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 5.9%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $1.03B, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 1.16x, comparing cash generated by operations with the bottom-line earnings result. Capital expenditures used $155.10M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital spending absorbed 15.1% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $874.70M, leaving a positive amount after capital expenditures. Free cash flow represented 15.0% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 10.6% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.