HUBB FY 2023 Earnings — Hubbell Incorporated Revenue & Financial Results | Market Cap Arena

HUBBHubbell Incorporated

$26B

FY 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$5.4B+8.6% YoY

Gross Profit

$1.9B35.1% margin

Operating Income

$1.0B19.3% margin

Net Income

$760M14.1% margin

EPS (Diluted)

$14.04

Cash Flow

Operating Cash Flow

$881M

Free Cash Flow

$715M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$4.0B

Stockholders' Equity

$2.9B

Cash & Equivalents

$336M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$4.9B	+8.6%
Gross Profit	$1.9B	$1.5B	+28.3%
Operating Income	$1.0B	$709M	+46.5%
Net Income	$760M	$546M	+39.2%