Hubbell Inc (HUBB)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 6,679,100 | 6,935,000 | 6,871,700 | 6,862,100 | 6,914,000 | 5,768,300 | 5,640,900 | 5,480,800 | 5,402,600 | 5,338,400 | 5,238,200 | 5,169,700 | 5,281,500 | 5,241,700 | 5,172,800 | 5,292,900 | 5,085,100 | 4,877,100 | 5,058,700 | 4,959,100 |
| Operating ROA | 16.34% | 15.27% | 15.01% | 14.84% | 15.02% | 17.07% | 16.17% | 14.87% | 13.13% | 12.58% | 11.72% | 10.93% | 10.08% | 9.14% | 9.59% | 9.17% | 9.72% | 9.83% | 9.67% | 10.58% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,091,600K ÷ $6,679,100K
= 16.34%
Hubbell Inc's operating return on assets (operating ROA) has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The operating ROA ranged from a low of 9.17% in March 31, 2021, to a high of 17.07% in September 30, 2023. The average operating ROA for the period was 12.01%. The increase in operating ROA from 9.67% in June 30, 2020, to 16.34% in December 31, 2024, indicates a general improvement in the company's ability to generate operating profits from its assets. The upward trend in operating ROA suggests that Hubbell Inc has been effectively utilizing its assets to generate operating income, reflecting positively on the company's operational efficiency and profitability. However, the decline in operating ROA from 17.07% in September 30, 2023, to 15.02% in December 31, 2023, followed by relatively stable figures in the subsequent periods, may warrant further analysis to identify potential factors influencing the fluctuation in the company's operating ROA.
Peer comparison
Dec 31, 2024