HUBB Q1 2022 Earnings — Hubbell Incorporated Revenue & Financial Results | Market Cap Arena

HUBBHubbell Incorporated

$26B

Q1 2022 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1.2B+20.9% YoY

Gross Profit

$323M27.9% margin

Operating Income

$143M12.4% margin

Net Income

$180M15.6% margin

EPS (Diluted)

$1.91

QoQ Revenue Growth

+62.8%

Cash Flow

Operating Cash Flow

-$37M

Free Cash Flow

-$58M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$2.9B

Stockholders' Equity

$2.2B

Cash & Equivalents

$359M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$956M	+20.9%
Gross Profit	$323M	$262M	+23.2%
Operating Income	$143M	$110M	+30.0%
Net Income	$180M	$78M	+131.9%

Revenue Segments

Utility Solutions Segment

$652M56%

Electrical Segment

$504M44%