Hubbell Inc (HUBB)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.39% | 34.54% | 33.24% | 31.75% | 30.06% | 29.12% | 27.69% | 26.37% | 25.48% | 25.17% | 25.60% | 25.93% | 26.23% | 27.38% | 28.25% | 28.97% | 29.66% | 29.28% | 29.30% | 29.29% |
| Operating profit margin | 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% | 11.55% | 12.98% | 12.91% | 12.78% |
| 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% |
| 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% |
Hubbell Inc.'s profitability ratios have shown a positive trend over the analyzed periods, indicating improving efficiency in generating profits. The gross profit margin has been consistently increasing, from 27.74% in Q1 2022 to 35.14% in Q4 2023, reflecting a continuous enhancement in controlling the cost of goods sold.
The operating profit margin has also demonstrated steady growth, rising from 13.05% in Q1 2022 to 19.33% in Q4 2023, signifying effective management of operating expenses and operational efficiency.
Moreover, the pretax margin has shown a notable improvement over the periods, increasing from 11.50% in Q1 2022 to 18.30% in Q4 2023, indicating a stronger performance in generating profits before considering taxes.
The net profit margin, measuring the company's profitability after all expenses have been deducted, has displayed a similar positive trend, increasing from 11.72% in Q1 2022 to 14.11% in Q4 2023, demonstrating effective cost management, pricing strategies, and overall financial performance.
Overall, the consistent growth in these profitability ratios reflects Hubbell Inc.'s ability to efficiently manage its costs, enhance operational effectiveness, and increase profitability over the analyzed periods.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 10.74% | 11.77% | 11.68% | 11.62% |
| Return on assets (ROA) | 10.99% | 12.02% | 11.21% | 9.99% | 10.10% | 10.47% | 10.08% | 9.71% | 7.56% | 6.92% | 6.99% | 6.69% | 6.91% | 7.63% | 7.82% | 8.14% | 8.18% | 7.63% | 7.35% | 7.52% |
| Return on total capital | 21.19% | 23.57% | 22.47% | 20.84% | 18.67% | 17.88% | 16.62% | 15.49% | 14.52% | 13.30% | 13.94% | 13.81% | 14.10% | 13.88% | 13.70% | 14.94% | 15.25% | 16.51% | 16.53% | 16.34% |
| Return on equity (ROE) | 26.41% | 25.31% | 24.13% | 22.15% | 23.12% | 24.10% | 23.40% | 22.68% | 17.92% | 16.73% | 17.01% | 16.99% | 16.97% | 18.45% | 20.19% | 21.08% | 20.59% | 20.34% | 20.15% | 20.70% |
Hubbell Inc.'s profitability ratios have shown consistent improvement over the past eight quarters, indicating strong performance.
- Operating return on assets (Operating ROA) has been steadily increasing, reaching 15.02% in Q4 2023. This metric demonstrates the company's ability to generate profits from its operating activities relative to its total assets.
- Return on assets (ROA) has also shown an upward trend, with Q3 2023 recording the highest figure at 11.99%. ROA reflects how efficiently the company is utilizing its assets to generate profits.
- Return on total capital has consistently increased, reaching 20.70% in Q4 2023. This ratio indicates the company's ability to generate returns for both equity and debt investors.
- Return on equity (ROE) has shown a positive trajectory, with Q4 2023 recording the highest percentage at 26.35%. ROE demonstrates how effectively the company is using shareholders' equity to generate profits.
Overall, Hubbell Inc.'s profitability ratios indicate improved efficiency and effectiveness in utilizing its assets and capital to generate returns for its investors. These trends suggest a positive outlook for the company's financial performance.