HUBB Q2 2022 Earnings — Hubbell Incorporated Revenue & Financial Results | Market Cap Arena

HUBBHubbell Incorporated

$26B

Q2 2022 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1.3B+19.1% YoY

Gross Profit

$383M30.5% margin

Operating Income

$191M15.2% margin

Net Income

$122M9.7% margin

EPS (Diluted)

$2.26

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$166M

Free Cash Flow

$146M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$3.0B

Stockholders' Equity

$2.3B

Cash & Equivalents

$424M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.1B	+19.1%
Gross Profit	$383M	$298M	+28.5%
Operating Income	$191M	$142M	+34.0%
Net Income	$122M	$96M	+27.3%

Revenue Segments

Utility Solutions Segment

$729M58%

Electrical Segment

$528M42%