Hubbell Inc (HUBB)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 759,800 | 693,400 | 632,400 | 547,600 | 545,900 | 558,900 | 528,200 | 502,000 | 399,500 | 362,800 | 361,500 | 353,900 | 351,200 | 372,200 | 395,800 | 403,600 | 400,900 | 387,000 | 369,900 | 374,200 |
| Revenue (ttm) | US$ in thousands | 5,335,100 | 5,207,000 | 5,143,100 | 5,029,700 | 4,896,200 | 4,789,600 | 4,685,500 | 4,597,700 | 4,518,800 | 4,456,600 | 4,350,200 | 4,128,200 | 4,140,200 | 4,205,600 | 4,320,700 | 4,566,400 | 4,561,000 | 4,601,800 | 4,554,400 | 4,523,100 |
| Net profit margin | 14.24% | 13.32% | 12.30% | 10.89% | 11.15% | 11.67% | 11.27% | 10.92% | 8.84% | 8.14% | 8.31% | 8.57% | 8.48% | 8.85% | 9.16% | 8.84% | 8.79% | 8.41% | 8.12% | 8.27% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $759,800K ÷ $5,335,100K
= 14.24%
The net profit margin of Hubbell Inc. has shown some fluctuations over the past eight quarters. The net profit margin indicates the percentage of revenue that translates into profit after all expenses are accounted for.
In Q4 2023, Hubbell Inc. had a net profit margin of 14.11%, representing a slight increase compared to the previous quarter. This indicates that the company was able to generate more profit from its revenue in that quarter.
Looking at the trend over the quarters, the net profit margin has generally been above 10%, indicating healthy profitability levels. However, there were fluctuations observed, with the highest net profit margin recorded in Q4 2023 at 14.11% and the lowest in Q1 2023 at 10.76%.
Overall, the analysis suggests that Hubbell Inc. has maintained a relatively consistent level of profitability over the quarters, but it experienced some variability in its net profit margin performance. Further investigation into the factors influencing these fluctuations would provide deeper insights into the company's financial health and performance.
Peer comparison
Dec 31, 2023