Companies /Industrials

Hubbell Inc

NYSE: HUBB Electrical Equipment & Parts
$470.28
▼ $2.18 (−0.46%) today
Markets closed · 12:37am ET

Q3 2025 Earnings

Reported Oct 28, 2025, 8:11am ET · SEC source
$5.17
Beat +3.91%
EPS · est. $4.98
$1.5B
Miss −2.00%
Revenue · est. $1.5B
−4.7%
Trailing market
HUBB vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+5%+10%Oct 28Oct 29report 8:11am ETearnings+0.3%+11.5%
0+5%+10%Oct 28Oct 29earnings+0.3%+11.5%
HUBB +11.5%S&P 500 +0.3%
0+5%+10%Oct 28Oct 29report 8:11am ETearnings+0.9%+11.5%
0+5%+10%Oct 28Oct 29earnings+0.9%+11.5%
HUBB +11.5%NASDAQ +0.9%
0+5%+10%Oct 27Nov 4report 8:11am ETearnings−1.5%+7.6%
0+5%+10%Oct 27Nov 4earnings−1.5%+7.6%
HUBB +7.6%S&P 500 −1.5%
0+5%+10%Oct 27Nov 4report 8:11am ETearnings−1.6%+7.6%
0+5%+10%Oct 27Nov 4earnings−1.6%+7.6%
HUBB +7.6%NASDAQ −1.6%
+4.92%
Day of report
+3.78%
Next session
+0.90%
One week
−5.25%
30 days

S&P 500 over the same 30 days: −0.53%.

Did HUBB Beat Earnings? Q3 2025 Results

Hubbell delivered a mixed but ultimately encouraging third quarter, beating earnings expectations while falling just short on the top line. The industrial electrical equipment maker posted adjusted diluted EPS of $5.17 for Q3 2025, clearing the $4.98 consensus estimate by 3.91%, even as revenue of $1.50 billion came in 2.00% below expectations despite rising 4.2% year over year. The earnings outperformance was meaningfully supported by a lower effective tax rate of 17.5%, partly reflecting a one-time income tax benefit from an international restructuring, though segment-level momentum was genuine; Electrical Solutions grew net sales 10% to $558.60 million on datacenter and light industrial demand, while Utility Solutions edged up 1% to $943.80 million as strong Grid Infrastructure gains were offset by an approximately 18% decline in Grid Automation. Confidence in the underlying business prompted management to raise full-year 2025 adjusted EPS guidance to $18.10 to $18.30, with total net sales growth of 3% to 4% now expected, and the company also announced a quarterly dividend increase to $1.42 per share.

Key Takeaways
  • Strong organic growth in Electrical Solutions driven by datacenter and light industrial markets
  • Grid Infrastructure achieved 8% organic growth from utility investment in interconnecting new load and generation sources
  • Price realization and productivity exceeded cost inflation across both segments
  • Lower year-over-year effective tax rate (17.5% vs 21.0%) due to international restructuring tax benefit
  • Segment unification strategy driving innovation, commercial alignment, and operating efficiencies

“Hubbell delivered double digit adjusted earnings per diluted share growth in the third quarter, driven by strong organic growth in Electrical Solutions and Grid Infrastructure products within our Utility Solutions segment, as well as a lower year-over-year tax rate”

Hubbell CEO, on the earnings call

Forward Guidance & Outlook

Hubbell raised its full-year 2025 guidance: GAAP diluted EPS of $16.55-$16.75 and adjusted diluted EPS of $18.10-$18.30. The company anticipates full-year total and organic net sales growth of 3-4%, an adjusted tax rate of 20.5%-21.0%, approximately $20 million of restructuring and related investment, and free cash flow conversion of approximately 90% on adjusted net income. Adjusted EPS excludes approximately $1.45 per share of acquisition-related intangible asset amortization and approximately $0.10 of transaction, integration, and separation costs.

HUBB YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$500.0M$1.0B$1.5B$1.4B$1.5BRevenue$506.0M$544.3MGross Profit$312.7M$330.6MOperating Income$226.2M$255.5MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income

HUBB Revenue by Segment

Utility Solutions$943.8M+1.0%
Electrical Solutions$558.6M+10.0%

Figures from SEC filings and company reports. Not investment advice.