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HUBB Q2 2023 Earnings — Hubbell Incorporated Revenue & Financial Results | Market Cap Arena
HUBB
Hubbell Incorporated
$26B
Q2 2023 Earnings
Industrials
Electrical Equipment & Parts
Income Statement
Revenue
$1.4B
+8.8% YoY
Gross Profit
$496M
36.3% margin
Operating Income
$288M
21.1% margin
Net Income
$207M
15.1% margin
EPS (Diluted)
$3.82
QoQ Revenue Growth
+6.3%
Cash Flow
Operating Cash Flow
$228M
Free Cash Flow
$192M
Stock-Based Comp.
$4M
Balance Sheet
Total Assets
$5.6B
Total Liabilities
$3.0B
Stockholders' Equity
$2.6B
Cash & Equivalents
$493M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.4B
$1.3B
+8.8%
Gross Profit
$496M
$383M
+29.5%
Operating Income
$288M
$191M
+51.0%
Net Income
$207M
$122M
+69.5%
Revenue Segments
Utility Solutions Segment
$831M
61%
Electrical Segment
$535M
39%
← FY 2023
All Quarters
Q3 2023 →