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Hubbell Incorporated HUBB
$ 511.39 0.85%
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Quarterly report 2026-Q1
added 07-29-2026

Hubbell Incorporated Balance Sheet 2025-2007 | HUBB

Brief overview of Hubbell Incorporated's balance sheet structure

Balance sheet changes are traced across five available annual reports between 2021 and 2025.

Assets rose from $5.3 billion to $8.2 billion, a gain of +55.8%, while CAGR was about 11.7%. The balance sheet expanded rapidly.

Assets outpaced liabilities, +55.8% versus +43.7%. Dependence on external funding declined.

Equity finances 46.8% of the balance sheet, compared with 42.2% at the start. The cushion remains adequate.

Net debt equals roughly 0.41x of equity. This is a moderate load and leaves room for maneuver.

Cash accounts for 5.9% of assets versus 5.4% initially. The change indicates the degree of financial flexibility.

Retained earnings stand at $4.2 billion; the five-period change was +62.3%. This reflects accumulated business performance.

What the balance sheet shows

Hubbell Incorporated's balance sheet looks resilient: assets are supported by substantial equity, while debt does not overwhelm financial flexibility.

Annual Balance Sheet Hubbell Incorporated

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Net Debt

1.59 B 1.15 B 1.72 B 1.03 B 1.18 B 1.21 B 1.36 B 1.58 B 680 M 556 M 301 M -54.9 M -143 M -39.5 M 29.6 M 75.2 M 239 M - -

Long Term Debt

2.04 B 1.44 B 2.02 B 1.44 B 1.44 B 1.44 B 1.51 B 1.74 B 987 M 990 M 596 M 598 M 597 M 597 M 596 M 596 M 497 M - -

Long Term Debt Current

40.7 M 34.2 M 30.6 M 30.5 M 27.1 M 32.1 M 29.6 M - - - - - - - - - - - -

Total Non Current Liabilities

- - - - - - 2.1 B 2.23 B 1.37 B 1.33 B 857 M 888 M 805 M 832 M 881 M - - - -

Total Current Liabilities

1.51 B 1.27 B 1.32 B 1.09 B 1.07 B 948 M 845 M 839 M 706 M 590 M 603 M 499 M 467 M 447 M 492 M 445 M 418 M - -

Total Liabilities

4.37 B 3.44 B 4.02 B 3.03 B 3.04 B 3 B 2.94 B 3.07 B 2.07 B 1.92 B 1.46 B 1.39 B 1.27 B 1.28 B 1.37 B 1.24 B 1.1 B - -

Deferred Revenue

161 M 135 M 112 M 45.8 M - - 31 M 27.7 M 10.2 M 11.8 M 15 M 18.2 M 15.8 M 16.4 M 18.1 M 34.9 M - - -

Retained Earnings

4.16 B 3.78 B 3.18 B 2.71 B 2.56 B 2.39 B 2.28 B 2.06 B 1.89 B 1.88 B 1.89 B 1.94 B 1.93 B 1.72 B 1.52 B 1.34 B 1.21 B - -

Total Assets

8.23 B 6.85 B 7.08 B 5.4 B 5.28 B 5.09 B 4.9 B 4.87 B 3.72 B 3.52 B 3.21 B 3.32 B 3.19 B 2.95 B 2.85 B 2.71 B 2.4 B - -

Cash and Cash Equivalents

482 M 329 M 336 M 440 M 286 M 259 M 182 M 189 M 375 M 438 M 344 M 654 M 741 M 645 M 570 M 521 M 258 M 178 M 77.5 M

Book Value

3.86 B 3.41 B 3.06 B 2.37 B 2.24 B 2.09 B 1.96 B 1.8 B 1.65 B 1.6 B 1.75 B 1.94 B 1.91 B 1.67 B 1.47 B 1.46 B 1.3 B - -

Total Shareholders Equity

3.85 B 3.4 B 2.88 B 2.36 B 2.23 B 2.07 B 1.95 B 1.78 B 1.63 B 1.59 B 1.74 B 1.93 B 1.91 B 1.66 B 1.47 B 1.46 B 1.3 B - -

All numbers in USD currency

Quarterly Balance Sheet Hubbell Incorporated

2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2

Long Term Debt

2.04 B 1.04 B 1.04 B 1.04 B 1.64 B 1.89 B 1.9 B 1.44 B 1.44 B 1.44 B 1.44 B 1.44 B - 1.44 B 1.44 B 1.43 B 1.43 B 1.43 B 1.44 B 1.44 B 1.44 B 1.44 B 1.51 B 1.51 B 1.51 B 1.51 B 1.74 B 1.74 B 1.74 B 1.74 B 987 M 987 M 987 M 987 M 990 M 990 M 990 M 990 M 596 M 596 M 596 M 596 M 595 M 598 M 598 M 598 M 597 M 597 M 597 M 597 M 597 M 597 M 597 M 597 M 596 M 596 M 596 M 596 M 502 M 501 M

Total Liabilities

4.64 B 3.83 B 3.65 B 3.65 B 3.71 B 3.81 B 3.92 B 3.02 B 3.01 B 3 B 3.03 B 3.01 B - 2.95 B 3.04 B 3.06 B 3.03 B 3.19 B 3 B 3 B 3 B 3 B 2.94 B 2.94 B 2.94 B 2.94 B 3.07 B 3.07 B 3.07 B 3.07 B 2.07 B 2.07 B 2.07 B 2.07 B 1.92 B 1.92 B 1.92 B 1.92 B 1.46 B 1.46 B 1.46 B 1.46 B 1.38 B 1.39 B 1.39 B 1.39 B 1.27 B 1.27 B 1.27 B 1.27 B 1.28 B 1.28 B 1.28 B 1.28 B 1.37 B 1.37 B 1.37 B 1.37 B 1.18 B 1.19 B

Deferred Revenue

154 M 124 M 144 M 170 M 127 M 142 M 134 M - - - - - - - - - - - - - - - 31 M - - - 27.7 M - - - 10.2 M 14.9 M 12.1 M 12.3 M 11.8 M 11.8 M 11.8 M 11.8 M 15 M 15 M 15 M 15 M 18.2 M 18.2 M 18.2 M 18.2 M 15.8 M 15.8 M 15.8 M 15.8 M 16.4 M 16.4 M 16.4 M 16.4 M 18.1 M 18.1 M 18.1 M 18.1 M - -

Retained Earnings

- - - - - - - - - - - - - - 2.56 B - - - 2.39 B - - - 2.28 B - - - 2.06 B 2.03 B 1.97 B 1.91 B 1.89 B 1.89 B 1.89 B 1.89 B 1.88 B 1.88 B 1.88 B 1.88 B 1.89 B 1.89 B 1.89 B 1.89 B 1.94 B 1.94 B 1.94 B 1.94 B 1.74 B 1.93 B 1.93 B 1.93 B 1.72 B 1.72 B 1.72 B 1.72 B 1.52 B 1.52 B 1.52 B 1.52 B - -

Total Assets

8.42 B 7.53 B 7.15 B 6.92 B 6.94 B 6.87 B 6.86 B 5.77 B 5.64 B 5.48 B 5.4 B 5.34 B - 5.17 B 5.28 B 5.24 B 5.17 B 5.29 B 5.09 B 5.09 B 5.09 B 5.09 B 4.9 B 4.9 B 4.9 B 4.9 B 4.87 B 4.87 B 4.87 B 4.87 B 3.72 B 3.72 B 3.72 B 3.72 B 3.52 B 3.52 B 3.52 B 3.52 B 3.21 B 3.21 B 3.21 B 3.21 B 3.32 B 3.32 B 3.32 B 3.32 B 3.18 B 3.19 B 3.19 B 3.19 B 2.95 B 2.95 B 2.95 B 2.95 B 2.85 B 2.85 B 2.85 B 2.85 B 2.61 B 2.56 B

Cash and Cash Equivalents

502 M 667 M 383 M 347 M 436 M 397 M 388 M 573 M 493 M 430 M 440 M 367 M 424 M 359 M 286 M 258 M 265 M 434 M 259 M 260 M 260 M 260 M 182 M 182 M 182 M 182 M 189 M 189 M 189 M 189 M 375 M 375 M 375 M 375 M 438 M 438 M 438 M 438 M 344 M 344 M 344 M 344 M 654 M 654 M 654 M 654 M 741 M 741 M 741 M 741 M 645 M 645 M 645 M 645 M 570 M 570 M 570 M 570 M 343 M 288 M

Book Value

3.78 B 3.69 B 3.5 B 3.27 B 3.23 B 3.07 B 2.94 B 2.75 B 2.63 B 2.48 B 2.37 B 2.33 B - 2.22 B 2.24 B 2.18 B 2.14 B 2.1 B 2.09 B 2.09 B 2.09 B 2.09 B 1.96 B 1.96 B 1.96 B 1.96 B 1.8 B 1.8 B 1.8 B 1.8 B 1.65 B 1.65 B 1.65 B 1.65 B 1.6 B 1.6 B 1.6 B 1.6 B 1.75 B 1.75 B 1.75 B 1.75 B 1.94 B 1.94 B 1.94 B 1.94 B 1.91 B 1.91 B 1.91 B 1.91 B 1.67 B 1.67 B 1.67 B 1.67 B 1.47 B 1.47 B 1.47 B 1.47 B 1.43 B 1.36 B

Total Shareholders Equity

3.77 B 3.68 B 3.49 B 3.26 B 3.22 B 3.05 B 2.93 B 2.74 B 2.62 B 2.47 B 2.36 B 2.32 B - 2.21 B 2.23 B 2.17 B 2.13 B 2.08 B 2.07 B 2.07 B 2.07 B 2.07 B 1.95 B 1.95 B 1.95 B 1.95 B 1.78 B 1.78 B 1.78 B 1.78 B 1.63 B 1.63 B 1.63 B 1.63 B 1.59 B 1.59 B 1.59 B 1.59 B 1.74 B 1.74 B 1.74 B 1.74 B 1.93 B 1.93 B 1.93 B 1.93 B 1.91 B 1.91 B 1.91 B 1.91 B 1.66 B 1.66 B 1.66 B 1.66 B 1.47 B 1.47 B 1.47 B 1.47 B 1.43 B 1.36 B

All numbers in USD currency

Balance Sheet is a fundamental financial report of Hubbell Incorporated, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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