Hubbell Inc (HUBB)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	1,091,600	1,059,100	1,031,600	1,018,200	1,038,500	984,900	912,200	815,000	709,100	671,400	613,700	565,300	532,300	479,300	496,300	485,600	494,500	479,200	489,200	524,600
Revenue (ttm)	US$ in thousands	5,601,600	5,602,400	5,527,800	5,432,000	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
Operating profit margin		19.49%	18.90%	18.66%	18.74%	19.47%	18.91%	17.74%	16.20%	14.48%	14.02%	13.10%	12.30%	11.78%	10.75%	11.41%	11.76%	11.94%	11.39%	11.32%	11.49%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,091,600K ÷ $5,601,600K
= 19.49%

Hubbell Inc's operating profit margin has shown a fluctuating trend over the past few years. It ranged between 10.75% to 14.48% in 2021, indicating some variability in the company's ability to generate profits from its core operations. However, in 2022, there was a notable improvement in the operating profit margin, which reached 14.48% by the end of December. This upward trend continued into 2023 and 2024, with the operating profit margin consistently increasing to 19.49% by the end of December 2024.

The rising operating profit margin suggests that Hubbell Inc has been effectively managing its operating expenses and improving operational efficiency, resulting in higher profitability relative to its operating income. This positive trend may indicate improved cost control measures, increased sales generation, or a combination of both, leading to stronger financial performance for the company. Additionally, the sustained growth in operating profit margin over time may reflect Hubbell Inc's strategic initiatives to drive profitability and create long-term value for its stakeholders.