Hubbell Inc (HUBB)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,091,600 | 1,059,100 | 1,031,600 | 1,018,200 | 1,038,500 | 984,900 | 912,200 | 815,000 | 709,100 | 671,400 | 613,700 | 565,300 | 532,300 | 479,300 | 496,300 | 485,600 | 494,500 | 479,200 | 489,200 | 524,600 |
| Long-term debt | US$ in thousands | 1,442,700 | 1,640,300 | 1,892,700 | 1,895,700 | 2,023,200 | 1,439,700 | 1,439,100 | 1,438,500 | 1,437,900 | 1,437,300 | 1,436,700 | 1,436,100 | 1,435,500 | 1,434,900 | 1,434,200 | 1,433,700 | 1,436,900 | 1,436,300 | 1,610,400 | 1,597,300 |
| 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 |
| Return on total capital | 23.17% | 21.81% | 20.86% | 21.10% | 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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,091,600K ÷ ($1,442,700K + $3,268,300K)
= 23.17%
Hubbell Inc's return on total capital has been showing a generally increasing trend over the past few years. The ratio started at 14.94% in March 2020 and experienced fluctuations before reaching 23.17% by December 2024. The company's ability to generate returns from its total capital has improved significantly over time, indicating better utilization of its resources and potentially more efficient operations. Overall, the increasing trend in return on total capital reflects positively on Hubbell Inc's financial performance and efficiency in deploying its capital to generate profits for its stakeholders.
Peer comparison
Dec 31, 2024