Hubbell Inc

Common Name

Hubbell

Country

United States

Sector

Industrials

Industry

Electrical Equipment & Parts

Employees

17,800

Ticker

HUBB

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.hubbell.com

Description

Hubbell Inc. is a prominent manufacturer of electrical and electronic products globally. The company primarily focuses on designing, manufacturing, and selling quality electrical and utility solutions... Show more

Financial Statements of Hubbell

Below are the financial statements of Hubbell, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	329.1^a	336.1^a
Short-term investments	15.9^a	12.6^a
Accounts receivable (net of allowances of $11.3 and $11.6)	756^a	785.4^a
Inventories, net	841.8^a	832.9^a
Other current assets	146.5^a	129.7^a
Assets held for sale - current	0^a	70.5^a
Total current assets	2,089.3^a	2,167.2^a
Property, plant, and equipment, net	726.6^a	652.6^a
Other assets	—	—
Investments	84.9^a	75.8^a
Goodwill	2,500.8^a	2,533.4^a
Other intangible assets, net	1,080^a	1,196^a
Other long-term assets	197.5^a	197.1^a
Assets held for sale - non-current	0^a	91.9^a
Total assets	6,679.1^a	6,914^a
Current liabilities	—	—
Short-term debt and current portion of long-term debt	125.4^a	117.4^a
Accounts payable	541.7^a	563.5^a
Accrued salaries, wages and employee benefits	145.7^a	173.6^a
Accrued insurance	89^a	79.1^a
Other accrued liabilities	372.4^a	365.2^a
Liabilities held for sale - current	0^a	24.6^a
Total current liabilities	1,274.2^a	1,323.4^a
Liabilities and equity	—	—
Long-term debt	1,442.7^a	2,023.2^a
Other non-current liabilities	679.5^a	660.6^a
Liabilities held for sale - non-current	0^a	17.5^a
Total liabilities	3,396.4^a	4,024.7^a
Hubbell incorporated shareholders’ equity	—	—
Common stock	0.6^a	0.6^a
Additional paid-in capital	2.6^a	6.1^a
Retained earnings	3,651.6^a	3,182.7^a
Accumulated other comprehensive loss	-386.5^a	-312.4^a
Total Hubbell incorporated shareholders’ equity	3,268.3^a	2,877^a
Noncontrolling interest	14.4^a	12.3^a
Total equity	3,282.7^a	2,889.3^a
Total liabilities and equity	6,679.1^a	6,914^a

Verified Sources Behind Hubbell’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hubbell’s data sources below and access millions more through our Disclosure Search.

a. Hubbell's Annual Report 2024

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Hubbell Inc

Financial Statements of Hubbell

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