TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0000048898 /10-K filed Feb 12, 2026, compared with Feb 13, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
DDEFXVLTOPAYXHUBBODFL
NYSE Industrials · Electronic Components

Hubbell Incorporated HUBB

HUBB quote by TradingView
Headquarters
Shelton, CT
CEO
Gerben Bakker
Next results
around Feb 2, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $5.8B through the costs to a net profit of $887.1M · income statement of the 10-K

21% operating margin
Revenue to Gross profit: $2.1BRevenue to Cost of revenue: $3.8BGross profit to Operating profit: $1.2BGross profit to Operating expenses: $855.3MOperating profit to Net profit: $887.1MOperating profit to Tax & other: $321.7M Revenue: $5.8B REVENUE $5.8B +4% Y/Y Gross profit: $2.1B · 35% margin GROSS PROFIT $2.1B 35% margin · +8% Y/Y Cost of revenue: $3.8B · 65% of revenue COST OF REVENUE $3.8B 65% of revenue Operating profit: $1.2B · 21% margin OPERATING PROFIT $1.2B 21% margin · +11% Y/Y Operating expenses: $855.3M · 15% of revenue OPERATING EXPENSES $855.3M 15% of revenue Net profit: $887.1M · 15% margin NET PROFIT $887.1M 15% margin · +14% Y/Y Tax & other: $321.7M · 6% of revenue TAX & OTHER $321.7M 6% of revenue
Gross profit $2.1B 35% margin · +8% Y/Y
Operating profit $1.2B 21% margin · +11% Y/Y
Net profit $887.1M 15% margin · +14% Y/Y
The full income statement, year by year

HUBB among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 3.8%, above 43% of 81 peers (their median 4.9%) REVENUE GROWTH 3.8% · above 43% Gross margin: 35.4%, above 31% of 51 peers (their median 38.6%) GROSS MARGIN 35.4% · above 31% Operating margin: 20.2%, above 68% of 71 peers (their median 17.5%) OPERATING MARGIN 20.2% · above 68% Net margin: 13.8%, above 59% of 81 peers (their median 13.0%) NET MARGIN 13.8% · above 59% FCF margin: 14.1%, above 54% of 78 peers (their median 13.0%) FCF MARGIN 14.1% · above 54% Return on capital: 10.4%, above 37% of 65 peers (their median 14.2%) RETURN ON CAPITAL 10.4% · above 37%
HUBB Peer median Below the median

What changed

4 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 12, 2026 against Feb 13, 2025.

Risk factors
4 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: Revenue Recognition - Point in Time Product Revenue (“As described in Notes 1 and 2 to the consolidated financial statements, the Company’s net sales were $5,844.6 million for the year ended December 31, 2025, the majority of which is point in time product revenue. Revenue is recognized when performance obligations identified under the terms of contrac”); Acquisition of DMC Power - Valuation of Customer Relationships (“As described in Note 3 to the consolidated financial statements, on October 1, 2025, the Company acquired all of the issued and outstanding equity of DMC Power for approximately $829 million, net of cash acquired. The Company recognized intangible assets of $364.0 million, of which $290.0 million re”). No longer listed: Goodwill Impairment Assessment - Interim Quantitative Goodwill Impairment Assessment for a Certain Reporting Unit
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Critical audit matters changed
    New this year: Revenue Recognition - Point in Time Product Revenue (“As described in Notes 1 and 2 to the consolidated financial statements, the Company’s net sales were $5,844.6 million for the year ended December 31, 2025, the majority of which is point in time product revenue. Revenue is recognized when performance obligations identified under the terms of contrac”); Acquisition of DMC Power - Valuation of Customer Relationships (“As described in Note 3 to the consolidated financial statements, on October 1, 2025, the Company acquired all of the issued and outstanding equity of DMC Power for approximately $829 million, net of cash acquired. The Company recognized intangible assets of $364.0 million, of which $290.0 million re”). No longer listed: Goodwill Impairment Assessment - Interim Quantitative Goodwill Impairment Assessment for a Certain Reporting Unit
  • Receivables +13.3% vs revenue +3.8% (+9.5 pts)
9 more checks with nothing to note
  • Cash from operations $1.0B vs net income $887.1M (FY ending Dec 31, 2025)
  • Inventory +7.3% vs revenue +3.8% (+3.4 pts)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

4 paragraphs in Risk Factors that were not in the 10-K filed Feb 13, 2025. Quoted as filed.

All 4 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    In addition, Hubbell is increasingly evaluating, developing, or utilizing artificial intelligence (“AI”), including machine learning, automation, and data‑driven analytics technologies, whether internally, embedded in third‑party software products, or integrated into customer‑facing solutions. The use of AI technologies introduces…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    Evolving international tax frameworks may adversely affect our global tax position. Governments worldwide and the Organisation for Economic Co-operation and Development (“OECD”) continue to advance extensive changes to the taxation of multinational enterprises, including global minimum tax rules under the OECD's Pillar Two initiative to…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$4.9B$5.4B$5.6B$5.8B
Net income$545.9M$751.4M$779.0M$887.1M
Operating cash flow$636.2M$880.8M$991.2M$1.0B
Free cash flow$506.9M$715.1M$810.8M$874.7M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$5.8B ▲ 3.8% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Hubbell Incorporated, Shelton, CT · from the 10-K filed Feb 12, 2026

Hubbell Incorporated (herein referred to as “Hubbell”, the “Company”, the “registrant”, “we”, “our” or “us”, which references shall include its divisions and subsidiaries as the context may require) was founded as a proprietorship in 1888, and was incorporated in Connecticut in 1905. Recognized for our innovation, quality, and deep commitment to serving our customers for over 135 years, Hubbell is a world-class manufacturer of electrical and utility solutions, with more than 75 brands used around the world.

Headquarters
Shelton, CT
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
CT

Email alerts

Sources

The 10-K filed Feb 12, 2026 (open at SEC), compared with the 10-K filed Feb 13, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/HUBB/export.csv") into a cell.