Stock Analysis on Net
Stock Analysis on Net

Hubbell Inc. (NYSE:HUBB)

This company has been moved to the archive! The financial data has not been updated since November 1, 2023.

Common-Size Income Statement 
Quarterly Data

Hubbell Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Net sales 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -64.57 -63.67 -65.12 -69.92 -69.72 -69.49 -72.05 -73.65 -72.21 -71.71 -72.58 -72.47 -70.27 -70.45 -71.25 -70.45 -69.93 -70.13 -71.74 -71.98 -70.42 -70.18 -71.46
Gross profit 35.43% 36.33% 34.88% 30.08% 30.28% 30.51% 27.95% 26.35% 27.79% 28.29% 27.42% 27.53% 29.73% 29.55% 28.75% 29.55% 30.07% 29.87% 28.26% 28.02% 29.58% 29.82% 28.54%
Selling & administrative expenses -15.34 -15.26 -15.52 -15.97 -14.81 -15.33 -15.59 -14.14 -14.33 -14.81 -15.93 -15.98 -15.04 -15.70 -17.86 -17.23 -15.71 -15.92 -17.14 -16.08 -15.70 -16.37 -18.49
Operating income 20.08% 21.07% 19.36% 14.10% 15.47% 15.18% 12.36% 12.21% 13.47% 13.49% 11.49% 11.54% 14.69% 13.85% 10.90% 12.32% 14.36% 13.95% 11.12% 11.94% 13.88% 13.45% 10.05%
Interest expense, net -0.57 -0.67 -0.75 -0.96 -0.92 -1.01 -1.13 -1.21 -1.26 -1.20 -1.59 -1.40 -1.35 -1.65 -1.38 -1.60 -1.41 -1.44 -1.61 -1.56 -1.56 -1.61 -1.75
Gain (loss) on disposition of business 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 -0.64 0.00 0.00 0.00 0.00 0.00 0.00 1.80 0.00 0.00 0.00 0.00 0.00 0.00
Loss on extinguishment of debt 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Pension charge 0.00 0.00 0.00 -0.09 -0.11 -0.35 0.00 0.00 0.00 0.00 0.00 -0.10 -0.60 0.00 0.00 1.31 0.00 -1.91 0.00 0.00 0.00 0.00 0.00
Investment income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.00 0.00 0.00 0.01 0.00 0.00 0.00
Other income (expense), net -0.25 -0.35 -0.32 -0.20 0.06 0.20 0.31 0.26 0.07 0.05 0.13 -0.26 -0.21 -0.29 -0.35 -0.29 -0.80 -0.27 -0.50 -0.36 -0.25 -0.35 -0.66
Other expense -0.82% -1.02% -1.07% -1.25% -0.97% -1.16% -0.82% -0.95% -1.19% -3.39% -1.46% -1.75% -2.16% -1.95% -1.73% -0.45% -0.41% -3.62% -2.11% -1.91% -1.81% -1.96% -2.40%
Income from continuing operations before income taxes 19.26% 20.05% 18.28% 12.86% 14.50% 14.01% 11.54% 11.26% 12.28% 10.10% 10.03% 9.79% 12.54% 11.90% 9.16% 11.86% 13.95% 10.33% 9.01% 10.03% 12.08% 11.49% 7.65%
Provision for income taxes -4.58 -4.80 -4.01 -2.70 -2.95 -3.10 -2.56 -2.05 -2.54 -1.60 -2.22 -1.83 -2.74 -2.52 -2.22 -2.52 -2.94 -2.15 -2.23 -2.23 -2.36 -2.71 -1.61
Net income from continuing operations 14.68% 15.24% 14.27% 10.16% 11.55% 10.92% 8.98% 9.21% 9.74% 8.50% 7.81% 7.96% 9.80% 9.39% 6.94% 9.34% 11.01% 8.18% 6.79% 7.80% 9.72% 8.78% 6.03%
Income (loss) from discontinued operations, net of tax 0.00 0.00 0.00 -1.50 -0.85 -1.08 6.72 1.65 0.46 0.66 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net income 14.68% 15.24% 14.27% 8.66% 10.70% 9.83% 15.70% 10.85% 10.20% 9.16% 8.27% 7.96% 9.80% 9.39% 6.94% 9.34% 11.01% 8.18% 6.79% 7.80% 9.72% 8.78% 6.03%
Net income attributable to noncontrolling interest -0.14 -0.10 -0.12 -0.08 -0.13 -0.12 -0.11 -0.16 -0.19 -0.08 -0.15 -0.16 -0.14 -0.09 -0.06 -0.11 -0.16 -0.16 -0.14 -0.10 -0.09 -0.18 -0.15
Net income attributable to Hubbell Incorporated 14.54% 15.14% 14.15% 8.58% 10.57% 9.71% 15.59% 10.69% 10.01% 9.09% 8.13% 7.79% 9.66% 9.29% 6.88% 9.24% 10.86% 8.02% 6.65% 7.69% 9.63% 8.60% 5.88%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Hubbell Inc. operating income as a percentage of net sales increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.
Income from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Hubbell Inc. income from continuing operations before income taxes as a percentage of net sales increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023.
Net income attributable to Hubbell Incorporated The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Hubbell Inc. net income attributable to Hubbell Incorporated as a percentage of net sales increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.