Hubbell Inc (HUBB)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	777,800	751,800	732,500	725,700	759,800	693,400	632,400	547,600	545,900	558,900	528,200	502,000	399,500	362,800	361,500	353,900	351,200	372,200	395,800	403,600
Total stockholders’ equity	US$ in thousands	3,268,300	3,215,000	3,052,600	2,930,400	2,877,000	2,739,100	2,620,700	2,472,700	2,360,900	2,318,700	2,256,900	2,213,300	2,229,800	2,168,800	2,125,700	2,082,700	2,070,000	2,016,800	1,959,900	1,914,900
ROE		23.80%	23.38%	24.00%	24.76%	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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $777,800K ÷ $3,268,300K
= 23.80%

Hubbell Inc's return on equity (ROE) has shown a fluctuating trend over the past few years, ranging from 16.97% to 26.41%. The ROE increased from 16.97% in December 2020 to a peak of 26.41% in December 2023 before experiencing a slight decline.

Overall, the ROE has demonstrated a general upward trajectory, indicating improved profitability and efficiency in generating earnings from shareholders' equity. The company's ability to deliver consistent and increasing returns to its equity holders suggests effective management of assets and a strong financial performance. Hubbell Inc's ROE exceeding 20% in most periods reflects a healthy level of profitability and efficient capital utilization.

The recent ROE of 23.80% in December 2024 remains robust, signaling the company's continued ability to generate value for its shareholders. This indicates that Hubbell Inc is effectively leveraging its equity to generate profits and create value for its investors.