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Hubbell's operating margins are expanding, especially in the HES segment, driven by strong management execution and strategic reorganization. Secular trends in grid investment and utility capex are fueling inflection in top-line growth, supporting my continued confidence in Hubbell's long-term outlook. Key variables to monitor include sustained margin expansion, narrowing HUS/HES margin gap, and whether volume drives incremental growth; any reversal would impact outperformance.
While the top- and bottom-line numbers for Hubbell (HUBB) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Electrical Equipment & Parts Industry | Industrials Sector | Gerben W. Bakker CEO | XDUS Exchange | US4435106079 ISIN |
US Country | 17,700 Employees | 29 Aug 2025 Last Dividend | 12 Aug 1996 Last Split | 24 Dec 2015 IPO Date |
Hubbell Incorporated, established in 1888 and based in Shelton, Connecticut, operates globally, offering a wide array of electrical and utility solutions. The company's operations are grouped into two main segments: Electrical Solutions and Utility Solutions. Through its expansive product range, Hubbell caters to the needs of industrial, commercial, and institutional facilities. It also serves electrical contractors, maintenance personnel, electricians, utilities, telecommunications companies, and a variety of other industrial markets, including the oil and gas and mining sectors. Hubbell's products are distributed through a comprehensive network, including electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and internet sites, ensuring widespread availability.
This segment provides a vast selection of products and services tailored for use in industrial, commercial, and institutional facilities. Offerings include standard and special application wiring device products, rough-in electrical products, connector and grounding products, and lighting fixtures. Additionally, this segment designs and manufactures industrial controls and communication systems for non-residential and industrial markets, along with specialized products for the oil and gas and mining industries. Products are mainly distributed through electrical and industrial distributors, home centers, and other outlets.
Geared towards electrical distribution, transmission, substation, and telecommunications, this segment offers products such as arresters, insulators, connectors, anchors, bushings, and enclosures cutoffs and switches. It also provides utility infrastructure products like smart meters, communications systems, and protection and control devices. These critical components support the infrastructure needs of the utility industry and are distributed primarily through various distributor channels.