HUBB Hubbell margins

Relative Growth: Rel. Growth: 86

Relative Strength: Rel. Strength: 40

Relative Valuation: Rel. Valuation: 41

Relative Profitability: Rel. Profitability: 71

Gross margin

35.4%

Operating margin

20.2%

EBITDA margin

24%

Net margin

13.8%

At present, Hubbell reports a gross margin of 35.4%, an operating margin of 20.2%, an EBITDA margin of 24%, and a net margin of 13.8%. EBITDA margin recorded the largest improvement, rising by 0.6 percentage points. Net margin recorded the largest decline, falling by 1.3 percentage points.

HUBB margin history

Gross, operating, EBITDA and net margin trends

Hubbell's margins averaged 34.68% gross, 19.68% operating, 22.79% EBITDA, and 14.19% net during the last 3 years. Against the three-year averages, gross, operating, and EBITDA margins are above their three-year averages and net margin is below its three-year average.

HUBB margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in EBITDA margin, up 0.6 percentage points. Gross margin also expanded by 0.4 percentage points, while operating margin contracted by 0.1 percentage points and net margin by 1.3 percentage points.

Gross margin expansion

0.4pp

Operating margin expansion

-0.1pp

EBITDA margin expansion

0.6pp

Net margin expansion

-1.3pp

HUBB Gross margin

Hubbell recorded an average gross margin of 34.68% across the last 3 years. Against its three-year average, Hubbell's gross margin is currently 35.4%, 0.7 percentage points above its three-year average. Looking back over the last 3 years, Hubbell's gross margin reached 35.5% at its highest point in Mar 2026 and 33.9% at its lowest in Sep 2024.

HUBB Operating margin

The average operating margin for Hubbell was 19.68% in the last 3 years. Currently, the current operating margin for Hubbell is 20.2%, 0.5 percentage points above its three-year average. The operating margin for Hubbell moved between 18.4% in Mar 2024 and 20.7% in Mar 2026.

HUBB EBITDA margin

Across the last 3 years, Hubbell recorded an average EBITDA margin of 22.79%. Hubbell's current EBITDA margin is 24% and is 1.2 percentage points above its three-year average. The highest EBITDA margin for Hubbell was 24% in Sep 2026, while the lowest was 21% in Mar 2024.

HUBB Net margin

Hubbell's net margin averaged 14.19% across the past 3 years. Compared with its three-year average, Hubbell's current net margin is 13.8% and is 0.4 percentage points below its three-year average. Over the last 3 years, Hubbell's net margin peaked at 15.2% in Dec 2025 and reached a low of 13.1% in Mar 2024.

HUBB margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 35.4%, HUBB stands higher than the Industrials sector and the industry average. Looking at the Industrials sector average of 32.5%, Hubbell's gross margin is 9% higher.

HUBB margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Hubbell's gross margin?

For the period ending Sep 30, 2026, HUBB recorded a gross margin of 35.4%.

What is Hubbell's operating margin?

For the period ending Sep 30, 2026, HUBB recorded an operating margin of 20.2%.

What is Hubbell's EBITDA margin?

As of Sep 30, 2026, HUBB has an EBITDA margin of 24%.

What is Hubbell's net margin?

The current net margin for HUBB is 13.8% as of Sep 30, 2026.

What are the average margins of HUBB?

Across the last 3 years, HUBB averaged 34.7% gross, 19.7% operating, 22.8% EBITDA, and 14.2% net.

What are the highest historical margins of HUBB?

Looking back across 5 years, HUBB reached 35.5% gross in Mar 2026, 20.7% operating in Mar 2026, 24% EBITDA in Sep 2026, and 15.2% net in Dec 2025.

What are the lowest historical margins of HUBB?

In the last 5 years, the lowest margins reported by HUBB were 27.5% gross in Dec 2021, 12.7% operating in Dec 2021, 16.5% EBITDA in Dec 2021, and 9.5% net in Dec 2021.