OverviewSuggest Edit

Hubbell is a manufacturer of electrical and electronic products. It designs, manufactures, and sells electrical, lighting, utility, and electronic product solutions for non-residential and residential construction, industrial, and utility applications. The company operates brands in five segments, such as lighting and controls, electrical and wiring, power and utilities, data communications, oil and gas.
TypePublic
Founded1888
HQShelton, CT, US
Websitehubbell.com
Employee Ratings3.5
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)19,100(+2%)
Job Openings576
Revenue (FY, 2020)$4.2 B(-8%)
Share Price (Nov 2021)$208.2
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Hubbell

Gerben W. Bakker

Gerben W. Bakker

President and Chief Executive Officer
William R. Sperry

William R. Sperry

Executive Vice President and Chief Financial Officer
Alexis Bernard

Alexis Bernard

Chief Technology Officer
Drew M. Marquardt

Drew M. Marquardt

Chief Information Officer
Susan Huppertz

Susan Huppertz

Chief Manufacturing and Supply Chain Officer
Katherine A. Lane

Katherine A. Lane

Senior Vice President, General Counsel and Secretary
Show more

Hubbell Office Locations

Hubbell has offices in Shelton, Aiken, Columbia, Leeds and in 11 other locations
Shelton, CT, US (HQ)
40 Waterview Dr
Aiken, SC, US
1850 Richland Ave E
Columbia, SC, US
THE BERKELEY BUILDING, 200 Center Point Cir #200
Leeds, AL, US
1615 Moore's St
Lenoir City, TN, US
3621 Industrial Park Dr
Mayville, WI, US
600 S Clark St
Show all (16)

Hubbell Financials and Metrics

Hubbell Revenue

Embed Graph
View revenue for all periods
Hubbell's revenue was reported to be $4.19 b in FY, 2020 which is a 8.8% decrease from the previous period.
USD

Revenue (Q3, 2021)

1.2b

Gross profit (Q3, 2021)

330.3m

Gross profit margin (Q3, 2021), %

27.2%

Net income (Q3, 2021)

110.6m

EBIT (Q3, 2021)

155.3m

Market capitalization (12-Nov-2021)

11.3b

Closing stock price (12-Nov-2021)

208.2

Cash (30-Sept-2021)

257.9m

EV

12.6b
Hubbell's current market capitalization is $11.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

4.5b4.6b4.2b

Revenue growth, %

22%2%(9%)

Cost of goods sold

3.2b3.2b3.0b

Gross profit

1.3b1.4b1.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2020Q3, 2021

Revenue

1.1b1.2b1.2b1.1b949.2m1.1b1.1b1.2b1.2b

Cost of goods sold

780.0m839.0m842.0m776.8m668.7m779.0m788.6m861.0m883.3m

Gross profit

307.3m357.4m362.0m313.5m280.5m329.6m289.8m330.8m330.3m

Gross profit Margin, %

28%30%30%29%30%30%27%28%27%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

189.0m182.0m259.6m

Accounts Receivable

725.4m683.0m634.7m

Inventories

651.0m633.0m607.3m

Current Assets

1.6b1.6b1.6b
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

366.1m407.4m356.0m

Depreciation and Amortization

148.4m151.0m157.6m

Inventories

34.2m12.2m50.7m

Accounts Payable

(36.2m)22.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

73.8m171.7m304.3m75.7m164.8m273.4m79.1m175.7m286.3m

Depreciation and Amortization

36.6m73.7m111.1m38.9m77.6m117.0m42.6m83.5m122.6m

Inventories

(10.7m)(10.1m)(23.4m)32.7m24.5m45.1m(12.1m)(33.2m)(97.9m)

Accounts Payable

12.6m39.0m30.6m15.2m13.1m45.0m45.2m92.2m120.6m
USDFY, 2018

EV/EBIT

12.6 x

EV/CFO

13.6 x

EV/FCF

16.7 x

Revenue/Employee

229.2k

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.7 x

P/E Ratio

15.2
Show all financial metrics

Hubbell Operating Metrics

Hubbell's Backlog was reported to be $1.1b in FY, 2020.
FY, 2018FY, 2019FY, 2020

Backlog

$1.25 b$1.04 b$1.07 b

Manufacturing Facilities

585253

Warehouses

191819

Patents Issued

2.25 k2.4 k2.6 k
Show all operating metrics

Hubbell Acquisitions / Subsidiaries

Company NameDateDeal Size
AccelTex Solutions, LLCDecember 31, 2020$45.1 m
Armorcast Products Company, Inc.December 31, 2020$136.8 m
Beckwith Electric Co. IncDecember 31, 2020$54.3 m
Cantega Technologies Inc.December 31, 2019
Greenjacket Inc.December 31, 2019
Reliaguard Inc.December 31, 2019
AclaraFebruary 02, 2018$1.1 b
iDevicesApril 25, 2017
Litecontrol CorporationApril 17, 2014$45.3 m
PCORE Electric Company, Inc.October 02, 2007
Show more

Hubbell Revenue Breakdown

Embed Graph

Hubbell revenue breakdown by business segment: 54.1% from Electrical Solutions and 45.9% from Utility Solutions

Hubbell revenue breakdown by geographic segment: 92.2% from United States and 7.8% from International

Human Capital Metrics

Source: www.sec.gov
Embed Graph
Show all human capital metrics

Hubbell Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Hubbell Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Hubbell Online and Social Media Presence

Embed Graph

Hubbell Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    A-

    75/100

  • Compensation

    B+

    78/100

Learn more on Comparably

Hubbell News and Updates

Hubbell Reports Third Quarter 2021 Results

Shelton, CT, Oct. 26, 2021 (GLOBE NEWSWIRE) -- HUBBELL REPORTS THIRD QUARTER 2021 EARNINGS PER DILUTED SHARE OF $1.98 AND ADJUSTED EARNINGS PER DILUTED SHARE OF $2.24

Hubbell Incorporated Declares 7% Dividend Increase

Shelton, CT, Oct. 22, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 7% increase in the common stock dividend rate. The new annual payment of $4.20 per share, or $1.05 per quarter, compares to the former rate of $3.92 per share, or $0.98 per qu…

Hubbell Incorporated to Announce Third Quarter 2021 Results on October 26, 2021

Shelton, CT, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2021 financial results prior to the opening of the market on October 26, 2021. The Company will then webcast its Analysts' Conference Call to discuss the results at 10…

Hubbell Realty partners with Camp Sunnyside on company's 5th 'extreme build' — CEO Rick Tollakson's last

A construction crew began hour one of a 168-hour, seven-day speed build of Camp Sunnyside's new, 13,000-square-foot childhood development center.

Hubbell Incorporated to Appear at the Morgan Stanley Laguna Conference

Hubbell Incorporated (NYSE: HUBB) today announced that Gerben Bakker, Chairman, President and Chief Executive Officer, along with Bill Sperry, Executive Vice President and Chief Financial Officer, will appear at the Morgan Stanley Annual Laguna Conference. The event will be webcast and is scheduled…

Ex-Dividend Reminder: Power Integrations, Corning and Hubbell

Looking at the universe of stocks we cover at Dividend Channel, on 8/30/21, Power Integrations Inc. (Symbol: POWI), Corning Inc (Symbol: GLW), and Hubbell Inc. (Symbol: HUBB) will all trade ex-dividend for their respective upcoming dividends
Show more

Hubbell Frequently Asked Questions

  • When was Hubbell founded?

    Hubbell was founded in 1888.

  • Who are Hubbell key executives?

    Hubbell's key executives are Gerben W. Bakker, William R. Sperry and Alexis Bernard.

  • How many employees does Hubbell have?

    Hubbell has 19,100 employees.

  • What is Hubbell revenue?

    Latest Hubbell annual revenue is $4.2 b.

  • What is Hubbell revenue per employee?

    Latest Hubbell revenue per employee is $219.2 k.

  • Who are Hubbell competitors?

    Competitors of Hubbell include Rockwell Automation, Emerson and Dover.

  • Where is Hubbell headquarters?

    Hubbell headquarters is located at 40 Waterview Dr, Shelton.

  • Where are Hubbell offices?

    Hubbell has offices in Shelton, Aiken, Columbia, Leeds and in 11 other locations.

  • How many offices does Hubbell have?

    Hubbell has 16 offices.