Hubbell B (HUBB) AI Stock Analysis

• Market Cap: $25.93B
• Dividend Yield: 1.18%
• Average Volume (3M): 390.92K
• Price to Earnings (P/E): 30.3
• Beta (1Y): 1.27
• Revenue Growth: 0.82%
• EPS Growth: 16.05%
• Country: US
• Employees: 17,700
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 5.17
• Shares Outstanding: 53,144,753
• 10 Day Avg. Volume: 441,996
• 30 Day Avg. Volume: 390,917
• PEG Ratio: 12.85
• Price to Book (P/B): 6.92
• Price to Sales (P/S): 4.02
• P/FCF Ratio: 27.90
• Enterprise Value/Market Cap: 1.06
• Enterprise Value/Revenue: 4.82
• Enterprise Value/Gross Profit: 13.72
• Enterprise Value/Ebitda: 20.39
• 1Y Price Target: $503.50
• Price Target Upside: 3.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: $554.00 ▲(13.54% Upside)

Hubbell B's strong financial performance and positive earnings call guidance are significant strengths, supporting a robust overall score. Technical indicators suggest potential short-term volatility, and the stock's valuation appears high relative to peers, which slightly tempers the overall outlook.

Positive Factors

Free Cash Flow Generation

A 34% FCF increase to $254M demonstrates durable cash generation that funds capex, dividends, debt reduction, and M&A. With a stated goal of high net-income-to-FCF conversion, persistent strong cash flow underpins long-term financial flexibility and strategic optionality.

Margins and Profitability

Sustained ~35% gross and ~15% net margins indicate structural pricing power and efficient cost management across Electrical and Utility segments. These margins support reinvestment, returns on capital and resilience to commodity or input cost variability over the medium term.

Strategic Acquisition Strength

DMC Power expands Hubbell's high-voltage connector capabilities and complements Utility Solutions, increasing TAM exposure to grid modernization. The acquisition augments product breadth and cross-sell potential, supporting durable revenue and margin accretion in utility infrastructure markets.

Negative Factors

Rising Debt Levels

Although leverage (D/E ~0.54) is moderate, the trend of rising total debt and recent long-dated note issuance increases interest and refinancing exposure. Higher absolute debt reduces financial flexibility and raises risk if cash flow or interest-rate conditions deteriorate over the medium term.

Operating Cash Flow Conversion

A sub-1.0 operating cash/NI ratio implies earnings do not fully convert to cash, and declining operating coverage heightens liquidity risk. Persistently weak conversion limits internal funding for capex and acquisitions and makes the company more sensitive to working-capital swings over the next several quarters.

Utility Segment Headwinds

An 18% drop in Grid Automation and a Utility segment drag of ~4% highlight lumpy, project-driven demand. Utilities and grid modernization are cyclical and timing-sensitive; prolonged project roll-offs or slower spend can weigh on medium-term revenue visibility and margin sustainability in that segment.

Hubbell B Business Overview & Revenue Model

Company Description

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and electronic products in the United States and internationally. It operates through two segments, Electrical Solution and Utility Solution. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies for the natural gas distribution market. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and residential product-oriented Internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The Utility Solution segment designs, manufactures, and sells distribution, transmission, substation, and telecommunications products, such as arresters, insulators, connectors, anchors, bushings, and enclosures; and utility infrastructure products, including smart meters, communications systems, and protection and control devices. This segment sells its products to distributors, as well as directly to users, such as utilities, telecommunication companies, industrial firms, and construction and engineering firms. Its brand portfolio includes Hubbell, Kellems, Bryant, Burndy, CMC, Bell, TayMac, Wiegmann, Killark, Hawke, Aclara, Fargo, Quazite, Hot Box, etc. The company was founded in 1888 and is headquartered in Shelton, Connecticut.

How the Company Makes Money

Hubbell generates revenue primarily through the sale of its electrical and lighting products across multiple sectors. The company's revenue model is based on direct sales to contractors, utilities, and distributors, as well as through partnerships with other manufacturers and service providers. Key revenue streams include the Electrical segment, which contributes a significant portion of sales through products like circuit breakers, wiring devices, and lighting fixtures. The Utility Solutions segment also plays a crucial role, providing products and services for utility infrastructure, including transformers and smart grid solutions. Additionally, Hubbell benefits from strategic partnerships and collaborations that enhance its product offerings and market reach, contributing to its overall earnings.

Hubbell B Financial Statement Overview

Summary

Hubbell B demonstrates strong financial health with consistent revenue and profit growth, efficient cost management, and robust cash flow generation. The company maintains a balanced leverage position, although rising debt levels warrant attention.

Income Statement

Hubbell B has shown strong revenue growth with a TTM (Trailing-Twelve-Months) increase of 6.3%. The gross profit margin is healthy at 35.1%, indicating efficient cost management. Net profit margin has improved to 15.2%, reflecting enhanced profitability. However, the EBIT margin has slightly decreased from the previous year, suggesting potential cost pressures or operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio is stable at 0.54, indicating a balanced approach to leveraging. Return on equity is robust at 25.3%, showcasing effective use of shareholder funds. The equity ratio stands at 49.1%, reflecting a solid equity base. However, the increase in total debt over the years could pose future risks if not managed carefully.

Cash Flow

Hubbell B's free cash flow growth rate is impressive at 8.3%, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.49, suggesting a moderate conversion of income to cash. The free cash flow to net income ratio is high at 83.8%, highlighting efficient cash management. Nonetheless, the operating cash flow coverage ratio has decreased, which could impact liquidity if the trend continues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.69B	5.63B	5.37B	4.95B	4.19B	3.68B
Gross Profit	2.00B	1.90B	1.89B	1.47B	1.15B	1.09B
EBITDA	1.34B	1.29B	1.17B	855.10M	663.10M	629.10M
Net Income	866.40M	777.80M	759.80M	545.90M	399.50M	351.20M
Balance Sheet
Total Assets	7.53B	6.68B	6.91B	5.40B	5.28B	5.09B
Cash, Cash Equivalents and Short-Term Investments	680.90M	345.00M	348.70M	454.80M	295.60M	267.90M
Total Debt	2.15B	1.72B	2.29B	1.56B	1.53B	1.69B
Total Liabilities	3.83B	3.40B	4.02B	3.03B	3.04B	3.00B
Stockholders Equity	3.69B	3.27B	2.88B	2.36B	2.23B	2.07B
Cash Flow
Free Cash Flow	850.30M	810.80M	715.10M	453.90M	453.60M	559.60M
Operating Cash Flow	1.01B	991.20M	880.80M	583.20M	543.80M	648.00M
Investing Cash Flow	-294.50M	-59.10M	-1.38B	16.40M	-77.80M	-328.80M
Financing Cash Flow	-489.60M	-923.40M	388.50M	-437.10M	-433.00M	-244.20M

Hubbell B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 487.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HUBB, the sentiment is Positive. The current price of 487.94 is above the 20-day moving average (MA) of 478.84, above the 50-day MA of 453.98, and above the 200-day MA of 422.21, indicating a bullish trend. The MACD of 9.96 indicates Negative momentum. The RSI at 58.69 is Neutral, neither overbought nor oversold. The STOCH value of 67.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HUBB.

Hubbell B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	79 Outperform	$6.65B	21.06	18.22%	0.67%	6.17%	20.86%
HUBB	77 Outperform	$25.93B	30.26	25.08%	1.18%	0.82%	16.05%
NVT	76 Outperform	$18.11B	30.93	8.57%	0.84%	5.31%	5.76%
AEIS	73 Outperform	$9.64B	67.18	11.80%	0.18%	17.18%	235.76%
AYI	70 Outperform	$9.48B	23.80	15.61%	0.18%	13.14%	-6.09%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ATKR	52 Neutral	$2.34B	-132.11	-1.11%	2.02%	-10.98%	-103.99%

Hubbell B Corporate Events

Hubbell B Completes $400M Senior Notes Offering

On November 14, 2025, Hubbell B completed a public offering of $400 million in 4.800% Senior Notes due 2035, with net proceeds of approximately $392 million after expenses. The company plans to use these funds, along with cash on hand, to fully redeem its outstanding 3.350% Senior Notes due 2026, with a redemption date set for December 1, 2025. This strategic financial move aims to manage the company’s debt obligations effectively, potentially impacting its financial stability and market positioning.

The most recent analyst rating on (HUBB) stock is a Buy with a $500.00 price target. To see the full list of analyst forecasts on Hubbell B stock, see the HUBB Stock Forecast page.

Hubbell B Announces $400 Million Senior Notes Offering

On October 30, 2025, Hubbell Incorporated announced an underwriting agreement for a public offering of $400 million in 4.800% Senior Notes due 2035. The proceeds from this offering, expected to close on November 14, 2025, will be used to redeem the company’s outstanding 3.350% Senior Notes due 2026. This strategic move is part of Hubbell’s financial management strategy, aiming to optimize its debt structure and potentially improve its market positioning.

The most recent analyst rating on (HUBB) stock is a Hold with a $456.00 price target. To see the full list of analyst forecasts on Hubbell B stock, see the HUBB Stock Forecast page.