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Hubbell Inc

hubbell.com

Hubbell Incorporated (NYSE: HUBB) is an electrical products manufacturer that designs, manufactures, and sells components used to transmit, distribute, and manage electrical power across utility and commercial infrastructure. Revenue comes from transactional product sales across two segments: Utility Solutions (63% of consolidated revenues in FY2025) and Electrical Solutions (37% of consolidated revenues in FY2025). Utility Solutions serves electric utilities with products positioned in front of the meter and at the grid edge. Electrical Solutions serves buildings, factories, datacenters, and industrial facilities with wiring devices, connectors, grounding products, and industrial controls. Products are manufactured and assembled across facilities in the United States, Canada, Puerto Rico, Mexico, China, the United Kingdom, Brazil, Australia, Spain, Ireland, and the Philippines. CEO Gerben W. Bakker has held his current role since May 2021 and joined Hubbell in 1988. Hubbell holds approximately 3,250 active U.S. and foreign patents as of the FY2025 10-K filing dated February 12, 2026.

Products & Services

Utility Solutions segment: products positioned in front of the meter and on the grid edge for electric utilities. Electrical Solutions segment: standard and special application wiring devices, rough-in electrical products, connector and grounding products, industrial controls, and communication systems. Products are sold in both stock and custom configurations for harsh and hazardous environments.

Revenue Model

Transactional product sales. Hubbell sells manufactured and assembled electrical components to utilities, electrical contractors, industrial operators, and distributors. Revenue is split between the Utility Solutions segment (63% of FY2025 consolidated revenues) and the Electrical Solutions segment (37% of FY2025 consolidated revenues). Products include both stock and custom configurations.

Customers & Markets

End markets include electric utilities, non-residential construction, light and heavy industrial facilities, datacenters, electric transmission and distribution, and renewables. Customer types include electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies.

Geographic Exposure

Primary manufacturing and assembly in the United States, Canada, Puerto Rico, Mexico, China, the United Kingdom, Brazil, Australia, Spain, Ireland, and the Philippines. Joint ventures in Hong Kong and the Philippines. Offices in Singapore, Italy, China, India, Mexico, South Korea, Chile, and countries in the Middle East.

Financial Snapshot

Revenue
TTM
$6.224B
Gross Margin
TTM
35.17%
Net Income
TTM
$901.6M
Current Assets
2026 Q2
$3.010B
Current Liabilities
2026 Q2
$1.871B
Current Ratio
2026 Q2
160.94%
Total Assets
2026 Q2
$11.85B
Total Liabilities
2026 Q2
$7.934B
Book Value
2026 Q2
3.912B
Cash
2026 Q2
$378.6M
P/E
TTM
27.70
Free Cash Flow
TTM
$901.4M

Stock Price

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Market Cap: $24.97 Billion

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