Hubbell Inc (HUBB)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	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	400,900	387,000	369,900	374,200
Total stockholders’ equity	US$ in thousands	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	1,947,100	1,903,100	1,835,900	1,808,100
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%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $759,800K ÷ $2,877,000K
= 26.41%

To analyze Hubbell Inc.'s return on equity (ROE) over the past eight quarters, we observe a generally positive trend in ROE performance. ROE has gradually increased from 22.62% in Q1 2022 to 26.35% in Q4 2023. This indicates an improvement in the company's ability to generate profits from shareholders' equity.

The consistent upward trajectory of ROE suggests that Hubbell Inc. is effectively utilizing its equity to generate returns for shareholders. The company's management may be effectively deploying resources, controlling costs, or increasing revenues to improve profitability.

It is important to note that fluctuations in quarterly ROE figures may be influenced by seasonal factors, economic conditions, or specific operational challenges faced by the company. However, the overall trend of increasing ROE over the period under review indicates a positive performance in terms of profitability and efficiency in utilizing shareholder equity.

Investors and stakeholders may view Hubbell Inc.'s improving ROE as a positive signal of the company's financial health and operational effectiveness. Further analysis of the company's financial statements and key performance indicators would provide a more comprehensive understanding of its financial performance and prospects.