Hubbell Inc (HUBB)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 999,600 | 977,100 | 686,100 | 487,700 | 441,000 |
| Revenue | US$ in thousands | 5,622,200 | 5,333,700 | 4,894,800 | 4,120,400 | 4,125,400 |
| Pretax margin | 17.78% | 18.32% | 14.02% | 11.84% | 10.69% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $999,600K ÷ $5,622,200K
= 17.78%
The pretax margin of Hubbell Inc has shown a consistent improvement over the years, reflecting the company's ability to effectively manage its operating expenses relative to its revenue generation. From 2020 to 2024, the pretax margin has increased steadily from 10.69% to 17.78%. This signifies a positive trend in the company's profitability before accounting for taxes and indicates an enhancement in operational efficiency and cost control measures. The significant rise in pretax margin from 2020 to 2024, peaking at 18.32% in 2023, suggests that Hubbell Inc has been successful in optimizing its financial performance and maximizing its earnings potential. This upward trajectory bodes well for the financial health and profitability outlook of the company.
Peer comparison
Dec 31, 2024