Hubbell Inc (HUBB)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 977,100 | 906,500 | 821,300 | 709,800 | 686,100 | 688,800 | 646,800 | 598,600 | 487,700 | 439,700 | 441,300 | 440,700 | 441,000 | 466,600 | 495,200 | 504,800 | 502,100 | 497,800 | 473,100 | 483,300 |
| 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 |
| Pretax margin | 18.31% | 17.41% | 15.97% | 14.11% | 14.01% | 14.38% | 13.80% | 13.02% | 10.79% | 9.87% | 10.14% | 10.68% | 10.65% | 11.09% | 11.46% | 11.05% | 11.01% | 10.82% | 10.39% | 10.69% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $977,100K ÷ $5,335,100K
= 18.31%
The pretax margin of Hubbell Inc. has shown a positive trend over the past eight quarters, reflecting the company's ability to effectively manage its operating expenses and generate higher profits before taxes. The pretax margin increased from 11.50% in Q1 2022 to 18.30% in Q4 2023, indicating a steady improvement in the company's profitability. This growth suggests that Hubbell Inc. has been successful in optimizing its operations and maximizing its earnings relative to its revenue. Overall, the consistent upward trajectory of the pretax margin demonstrates Hubbell Inc.'s commitment to operational efficiency and financial performance.
Peer comparison
Dec 31, 2023