HUBB Q3 2022 Earnings — Hubbell Incorporated Revenue & Financial Results | Market Cap Arena

HUBBHubbell Incorporated

$26B

Q3 2022 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1.3B+21.5% YoY

Gross Profit

$399M30.3% margin

Operating Income

$204M15.5% margin

Net Income

$139M10.6% margin

EPS (Diluted)

$2.58

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

$214M

Free Cash Flow

$189M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$3.0B

Stockholders' Equity

$2.3B

Cash & Equivalents

$367M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.1B	+21.5%
Gross Profit	$399M	$301M	+32.3%
Operating Income	$204M	$146M	+39.5%
Net Income	$139M	$108M	+28.3%

Revenue Segments

Utility Solutions Segment

$775M59%

Electrical Segment

$542M41%