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Hub Group (HUBG)
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Hub Group Income Statement 2024-2007 | HUBG
Brief overview of profit and loss at Hub Group
The conclusions below are based on five years of reported results. Revenue reported by Hub Group was $3.7 billion at the beginning of the period and $3.9 billion at the end. Overall revenue changed by +7.6%, equal to an annualized rate of about 1.5%. Sales changed only slightly and remained broadly flat.
At the gross-profit level, the result moved from 521 million dollars to 3.4 billion dollars, a change of +546.5%. The cost base moved more slowly than the top line, which supported margins. Comparing the endpoints gives gross margins of 14.2% and 85.4%. The margin shift points to a more favorable sales-and-cost structure.
The operating result measured by EBITDA moved from $181 million to $333 million, or +84%. EBITDA expanded faster than the top line. Comparing the endpoints gives EBITDA margins of 4.9% and 8.4%. A wider margin confirms stronger operating efficiency.
Net income changed from 107 million dollars to 104 million dollars (−3%). The final result remained comparatively stable.
Over the period, capitalization shifted from $1.8 billion to $2.6 million (−99.9%). Market value lagged the financial performance.
Financial takeaway
The results present an uneven picture without one dominant signal. Key strengths include a stronger gross margin, positive operating leverage and stable net income. The weaker side of the profile includes limited revenue growth and a weaker market valuation. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Hub Group
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.56 M | 2.8 M | 6.2 M | 5.64 M | 1.91 M | 1.79 B | 1.49 B | 1.59 B | 1.51 B | 1.09 B | 1.22 B | 1.53 B | 1.37 B | 1.26 B | 562 M | 384 M | 659 M | - |
Shares |
60.6 K | 63.3 K | 66.4 K | 66.9 K | 33.2 K | 33.3 M | 33.4 M | 33.2 M | 33.8 M | 35.9 M | 36.6 M | 36.8 M | 37.1 M | 36.9 M | 37.2 M | 37.4 M | 37.2 M | - |
Historical Prices |
42.2 | 44.2 | 93.4 | 84.4 | 57.6 | 46.2 | 43 | 43.6 | 50.5 | 36.9 | 40.4 | 39.1 | 37.7 | 35.6 | 15.1 | 10.3 | 17.7 | 18.9 |
Net Income |
104 M | 168 M | 357 M | 171 M | 73.6 M | 107 M | 202 M | 135 M | 74.8 M | 70.9 M | 51.6 M | 69.1 M | 68 M | 58.2 M | 43.5 M | 34.3 M | 59.2 M | - |
Revenue |
3.95 B | 4.2 B | 5.34 B | 4.23 B | 3.5 B | 3.67 B | 3.68 B | 4.03 B | 3.57 B | 3.53 B | 3.57 B | 3.37 B | 3.12 B | 2.75 B | - | - | - | - |
Cost of Revenue |
577 M | 553 M | 543 M | 590 M | 3.07 B | 3.15 B | 3.24 B | 2.79 B | 2.42 B | 159 M | 136 M | 135 M | 129 M | 121 M | 99.1 M | 88.5 M | 93.7 M | - |
Gross Profit |
- | - | - | - | 425 M | 521 M | 446 M | 458 M | 455 M | 413 M | 370 M | 371 M | 356 M | 313 M | 213 M | 186 M | 234 M | - |
Operating Income |
140 M | 212 M | 475 M | 238 M | 106 M | 152 M | 125 M | 72.7 M | 96.6 M | 117 M | 83.9 M | 114 M | 112 M | 94.5 M | 69.9 M | 55.5 M | 95.5 M | - |
Interest Expense |
-167 K | 397 K | -131 K | 7.31 M | 9.34 M | 11 M | 9.61 M | 6.75 M | 3.62 M | 2.97 M | 1.78 M | 1.25 M | 1.21 M | 638 K | 54 K | 91 K | 102 K | - |
EBITDA |
333 M | 397 M | 628 M | 369 M | 230 M | 181 M | 142 M | 110 M | 133 M | 125 M | 114 M | 123 M | 119 M | 100 M | 78.5 M | 63.7 M | 103 M | - |
Operating Expenses |
3.81 B | 3.99 B | 4.87 B | 3.99 B | 320 M | 369 M | 321 M | 361 M | 331 M | 296 M | 264 M | 254 M | 244 M | 218 M | 144 M | 130 M | 139 M | - |
General and Administrative Expenses |
114 M | 106 M | 121 M | 90 M | 99.6 M | 340 M | 304 M | 274 M | 249 M | 219 M | 194 M | 192 M | 182 M | 212 M | 40.6 M | 37.5 M | 41.2 M | - |
Annual performance
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All numbers in USD currency
Quarterly Income Statement Hub Group
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
60 K | 60 K | 60.2 K | 60.4 K | 60.7 K | 61.3 K | 62.3 K | 64.1 K | 65.1 K | - | 33.1 K | 33.7 K | 33.6 K | - | 33.4 K | 33.4 K | 33.4 K | - | 33.2 K | 33.2 K | 33.2 K | - | 33 M | 33.6 M | 33.6 M | - | 33.4 M | 33.4 M | 33.4 M | - | 33.2 M | 33.2 M | 33.2 M | - | 33.2 M | 33.9 M | 35.1 M | - | 35.8 M | 36 M | 36.2 M | - | 36.7 M | 36.7 M | 36.7 M | - | 36.9 M | 36.9 M | 36.9 M | - | 37.1 M | 37.1 M | 37 M | - | 36.9 M | 36.9 M | 36.9 M | 37.1 K | 37.4 M |
Net Income |
28.6 M | 25.2 M | 26.8 M | 23.6 M | 29 M | 27.1 M | 30.5 M | 46.5 M | 61.8 M | - | 87.3 M | 103 M | 87.5 M | - | 43.3 M | 26.6 M | 17.2 M | 22.4 M | 24.8 M | 13.2 M | 13.2 M | 28 M | 26.1 M | 29.2 M | 23.9 M | 48.9 M | 115 M | 22.1 M | 16.2 M | 99.9 M | 15.3 M | 9.54 M | 10.3 M | 18.2 M | 17.9 M | 20.7 M | 18 M | 22.4 M | 19.8 M | 18.5 M | 10.3 M | 16.4 M | 4.49 M | 18.7 M | 12 M | 16.5 M | 18.6 M | 18.6 M | 15.4 M | 18.8 M | 18.5 M | 17 M | 13.7 M | 17 M | 16.3 M | 14.4 M | 10.5 M | 12.6 M | 9.63 M |
Revenue |
934 M | 906 M | 915 M | 987 M | 986 M | 999 M | 1.02 B | 1.04 B | 1.15 B | - | 1.36 B | 1.4 B | 1.3 B | - | 1.08 B | 981 M | 920 M | 953 M | 925 M | 779 M | 839 M | 901 M | 913 M | 921 M | 933 M | 1.02 B | 933 M | 895 M | 837 M | 909 M | 825 M | 709 M | 680 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
143 M | 143 M | 149 M | 143 M | 142 M | 144 M | 139 M | 142 M | 137 M | - | 138 M | 129 M | 129 M | - | 918 M | 861 M | 811 M | - | 817 M | 672 M | 734 M | - | 778 M | 788 M | 806 M | - | 818 M | 794 M | 746 M | - | 738 M | 822 M | 43.2 M | - | 42.6 M | 43.6 M | 43.9 M | - | 36.4 M | 38.8 M | 39.5 M | - | 30.9 M | 35.6 M | 37.1 M | - | 31.9 M | 35 M | 34.6 M | - | 31.4 M | 31.4 M | 33.3 M | - | 32 M | 32.7 M | 26.8 M | 25.5 M | 23.9 M |
Gross Profit |
- | - | - | - | - | - | - | - | - | - | 223 M | - | 215 M | - | 158 M | 121 M | 109 M | 106 M | 108 M | 107 M | 105 M | 126 M | 135 M | 133 M | 127 M | 139 M | 115 M | 101 M | 91 M | 107 M | 86.3 M | 72.9 M | 71.8 M | 120 M | 111 M | 114 M | 108 M | 117 M | 105 M | 102 M | 89.1 M | 89.9 M | 93.2 M | 98.6 M | 88.7 M | 95.1 M | 93.1 M | 95.5 M | 87.3 M | 93.4 M | 91.6 M | 87.4 M | 83.7 M | 83.8 M | 86.7 M | 84.7 M | 57.3 M | 57.4 M | 50.6 M |
Operating Income |
39.4 M | 34.3 M | 37.3 M | 32.1 M | 39.5 M | 37.1 M | 42.6 M | 62.1 M | 78.2 M | - | 118 M | 138 M | 115 M | - | 59.9 M | 36.9 M | 24.1 M | 31.2 M | 33.9 M | 21 M | 19.8 M | 38.9 M | 37.2 M | 40.7 M | 35.6 M | 48.2 M | 34.7 M | 25.4 M | 16.5 M | 35.1 M | 15.7 M | 10.5 M | 11.3 M | 30.8 M | 29.9 M | 34.3 M | 28.8 M | 35.3 M | 33.4 M | 29.5 M | 18.8 M | 24.8 M | 7.68 M | 30.9 M | 20.5 M | 27.3 M | 31.3 M | 30.5 M | 24.7 M | 31.6 M | 30.4 M | 27.8 M | 22.5 M | 27.1 M | 26.6 M | 23.9 M | 16.8 M | 20.7 M | 15.7 M |
Interest Expense |
735 K | 728 K | 295 K | -23 K | -66 K | -170 K | -188 K | 3.12 M | 2.97 M | - | 2.19 M | 1.41 M | 1.7 M | - | 1.79 M | 1.86 M | 1.9 M | - | 2.24 M | 3.01 M | 2.46 M | - | 2.78 M | 2.69 M | 3.06 M | - | 2.41 M | 2.19 M | 2.1 M | - | 2.34 M | 1.03 M | 1.1 M | - | 888 K | 857 K | 911 K | - | 757 K | 720 K | 741 K | - | 361 K | 398 K | 407 K | - | 323 K | 305 K | 290 K | - | 300 K | 301 K | 307 K | - | 236 K | 69 K | 14 K | 12 K | 12 K |
EBITDA |
180 M | 129 M | 84.4 M | 64.5 M | 77.3 M | 86.7 M | 78.6 M | 97.5 M | 124 M | - | 151 M | 170 M | 150 M | - | 156 M | 45.8 M | 56.2 M | 31.2 M | 126 M | 82.7 M | 50.3 M | 38.9 M | 124 M | 97.8 M | 64 M | 48.2 M | 93.9 M | 63.7 M | 35.1 M | 35.1 M | 59.3 M | 35.8 M | 23.8 M | 30.8 M | 62.5 M | 55.7 M | 39.5 M | 35.3 M | 60.1 M | 47 M | 27.5 M | 24.8 M | 28.8 M | 44.7 M | 27.3 M | 27.3 M | 46.8 M | 40.4 M | 29.8 M | 31.6 M | 46.7 M | 38.9 M | 28 M | 27.1 M | 37.6 M | 30.2 M | 19.4 M | 26.8 M | 19.7 M |
Operating Expenses |
895 M | 871 M | 878 M | 955 M | 947 M | 962 M | 982 M | 978 M | 1.07 B | - | 1.24 B | 1.26 B | 1.18 B | - | 97.7 M | 83.6 M | 84.7 M | - | 74.1 M | 86.3 M | 84.8 M | - | 98 M | 92 M | 91.7 M | - | 80.2 M | 75.6 M | 74.5 M | - | 70.6 M | 84.7 M | 84.4 M | - | 81.6 M | 80.2 M | 79.5 M | - | 71.6 M | 72.3 M | 70.3 M | - | 85.5 M | 67.7 M | 68.2 M | - | 61.8 M | 65 M | 62.6 M | - | 61.2 M | 59.5 M | 61.2 M | - | 60.1 M | 60.8 M | 40.5 M | 36.7 M | 34.9 M |
General and Administrative Expenses |
27.1 M | 28.9 M | 27.1 M | 29.7 M | 27.9 M | 27.2 M | 24.1 M | 26.8 M | 25.5 M | - | 34.4 M | 36.2 M | 23.2 M | - | 23.4 M | 20.4 M | 19.2 M | - | 20.8 M | 29 M | 26.3 M | - | 30.9 M | 24 M | 22.9 M | - | 19.3 M | 17.8 M | 18.4 M | - | 20.6 M | 20.1 M | 20.8 M | - | 17.6 M | 16.1 M | 16.6 M | - | 15.5 M | 14.8 M | 14.1 M | - | 13.9 M | 14.7 M | 15.4 M | - | 13.8 M | 14.7 M | 13.2 M | - | 14.4 M | 12.7 M | 12.6 M | - | 12.6 M | 12.9 M | 12.8 M | 10.2 M | 10.1 M |
Quarterly performance
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All numbers in USD currency
The income statement is one of the three key financial reports of a company Hub Group (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.