HUBB Q3 2024 Earnings — Hubbell Incorporated Revenue & Financial Results | Market Cap Arena

HUBBHubbell Incorporated

$26B

Q3 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1.4B+4.9% YoY

Gross Profit

$506M35.1% margin

Operating Income

$313M21.7% margin

Net Income

$226M15.7% margin

EPS (Diluted)

$4.18

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$227M

Free Cash Flow

$189M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$3.7B

Stockholders' Equity

$3.2B

Cash & Equivalents

$436M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	+4.9%
Gross Profit	$506M	$487M	+3.8%
Operating Income	$313M	$276M	+13.2%
Net Income	$226M	$200M	+13.0%

Revenue Segments

Utility Solutions Segment

$933M65%

Electrical Segment

$510M35%