HUBBELL INC

HUBB

NYSELarge CapTechnology

13F Pro Quality Score

64.1/100

Rank #572 of 2,962 stocksTOP 25%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

40.7/100

Profitability

74.0/100

Balance Sheet

88.7/100

Earnings Quality

46.4/100

Free Cash Flow

65.6/100

Institutional Flow

51.6/100

Revenue Scale

80.3/100

Dilution Risk

72.1/100

Price Chart

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What's Driving HUBB's Business? Latest 10-Q Breakdown

37/37 datapoints verified

AI-extracted from the 10-Q filed 2026-07-29 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Net sales rose 15.3% to $1,711.8M (10.2% organic) on data center and utility transmission strength, but the $3.0B debt-funded NSI Industries acquisition pushed total debt-to-capital to 58% from 38% and compressed operating margin 230bps to 20.4%.

Biggest Revenue Drivers

Utility Solutions$1,025.8M+9.7% YoY

5.5% organic growth from strong substation, transmission and distribution markets, plus a 3.9% boost from acquisitions

Electrical Solutions$686.0M+25.1% YoY

18.3% organic growth led by data center, light industrial and non-residential markets, plus 6.5% from the NSI Industries acquisition

Biggest Revenue Drivers

Total revenue: $1,711.8M+15.3% YoY

Utility Solutions$1,025.8M+9.7% YoY

5.5% organic growth from strong substation, transmission and distribution markets, plus a 3.9% boost from acquisitions

Within Utility Solutions

Grid Infrastructure$785.5M

Grid Automation$240.3M

Electrical Solutions$686.0M+25.1% YoY

18.3% organic growth led by data center, light industrial and non-residential markets, plus 6.5% from the NSI Industries acquisition

Within Electrical Solutions

Industrial$410.4M

Largest Expense Items

Cost of goods sold$1,098.8M+140bps to 64.2% of net sales

Material and other cost inflation, including tariff expense, more than offset favorable price realization, productivity and volume gains

Selling & administrative expenses$264.4M+22.5% YoY

Higher transaction and integration costs, acquisition-related intangible amortization, SG&A added by acquisitions, and higher employee compensation

Interest expense, net$39.1M+$24.6M YoY

Higher average outstanding debt from financing the NSI Industries acquisition, including $7.2M of bridge financing costs

Margins: Operating margin contracted 230bps to 20.4%, driven by acquisition-related intangible amortization and transaction/integration costs; adjusted operating margin was 23.9% (-50bps) as price realization, productivity and volume gains were more than offset by material cost inflation including tariffs.

Watch Items from the Filing

NSI Industries acquisition ($3.0B) was financed with a $900M term loan, $1.9B of new senior notes and commercial paper, pushing total debt-to-capital to 58% (vs. 38%) and net debt-to-capital to 52% (vs. 28%).
Electrical Solutions operating margin contracted 480bps YoY to 16.7% due to material and tariff cost inflation plus higher restructuring and integration investment.
Company received ~$30M of IEEPA tariff refunds after quarter-end but had not recognized them as of June 30, 2026 under its gain-contingency accounting model.
Effective tax rate fell to 20.3% from 22.1%, aided by release of a valuation allowance and an advance energy project credit that partly offset transaction-related costs.
Filing flags continued softness in heavy industrial and residential markets as an ongoing risk to Electrical Solutions demand.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →