HUBB Q4 2023 Earnings — Hubbell Incorporated Revenue & Financial Results | Market Cap Arena

HUBBHubbell Incorporated

$26B

Q4 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1.3B+10.3% YoY

Gross Profit

$456M33.9% margin

Operating Income

$226M16.8% margin

Net Income

$171M12.7% margin

EPS (Diluted)

$3.16

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$346M

Free Cash Flow

$284M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$4.0B

Stockholders' Equity

$2.9B

Cash & Equivalents

$336M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+10.3%
Gross Profit	$456M	$367M	+24.4%
Operating Income	$226M	$172M	+31.2%
Net Income	$171M	$105M	+63.5%

Revenue Segments

Utility Solutions Segment

$811M60%

Electrical Segment

$534M40%