Hubbell Incorporated (HUBB)
Industrials · Electrical infrastructure and utility equipment manufacturing
Hubbell is a 135-year-old manufacturer of electrical and utility infrastructure solutions serving grids, buildings, and critical infrastructure across three positioning layers: In Front of, on The Edge of, and Behind the Meter.
What Hubbell Incorporated does
Hubbell Incorporated manufactures and distributes electrical and utility solutions that enable customers to operate critical infrastructure reliably and efficiently. The company operates through two segments: Utility Solutions (63% of revenues), which provides grid transmission and distribution components, smart meters, communications systems, and protection/control devices; and Electrical Solutions (37% of revenues), which provides wiring devices, connectors, grounding products, and electrical equipment for buildings, factories, and industrial infrastructure. Hubbell serves utilities, electrical contractors, industrial operators, and telecommunications companies through a global manufacturing and distribution network with over 75 brands.
Themes: ["Grid modernization","Smart grid infrastructure","Utility infrastructure","Energy transmission and distribution","Building electrical infrastructure","Industrial power management","Critical infrastructure reliability","Advanced metering infrastructure"]
Fundamentals
- Price$485.41 as of 2026-07-09 close
- Market cap$25.9B as of 2026-07-10
- 1-year return+16.5% as of 2026-07-09 close
- P/E28.62 as of 2026-07-10
- Net margin+15.1% as of 2026-07-10
- Gross margin+35.7% as of 2026-07-10
- ROE+24.5% as of 2026-07-10
- Debt / equity0.68 as of 2026-07-10
- Revenue growth (YoY)+7.2% as of 2026-07-10
- Revenue CAGR (3y)+5.7% SEC XBRL
- Beta0.90 as of 2026-07-10
Dividend: yield +1.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Substantial variability in purchases by electrical utilities could significantly impact Utility Solutions segment (63% of revenues), creating cyclical revenue exposure","Global operations across multiple countries expose the company to currency translation risks and geopolitical uncertainties","High debt levels ($2.6B in debt as of Q1 2026) and rising interest expense ($22M in Q1 2026 vs $13.8M prior year) increase financial leverage and reduce flexibility"]
Competitors & peers
- Eaton Corporation
- ABB Ltd
- Schneider Electric
- Leviton Manufacturing
- Siemens
- General Electric
- Anixter International
- Esco Technologies
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.