Hubbell Incorporated (HUBB) Stock

Hubbell Incorporated (HUBB) is a Technology stock trading at $469.86 (as of 2026-08-20), with a market capitalization of $24.83B and a trailing P/E of 27.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Hubbell Incorporated designs, manufactures, and sells electrical and electronic products for customers in the United States and internationally. It operates through Electrical Solution and Utility Solution segments, supplying wiring devices, electrical equipment, lighting and related products, plus components and control and communication systems for industrial, commercial, institutional, and utility uses.

Understand Hubbell Incorporated: how it makes money

Hubbell designs, manufactures, and sells electrical and electronic products, through Utility Solution and Electrical Solution segments, and makes money by selling these products to electrical contractors, maintenance personnel, electricians, utilities, telecom customers, and other industrial, commercial, and institutional end markets.

Hubbell’s profit model is driven by segment mix, with Utility Solution generating substantially more operating profit than Electrical Solution (Utility segment operating profit, 0.24 USD_B, versus Electrical segment operating profit, 0.08 USD_B).

Revenue by segment (latest quarter)
Utility	$0.9B
Electrical	$0.6B

Business quality (Mixed): Clear two-segment structure, with earnings concentrated in Utility Solution operating profitability, but investors should watch for shifts in segment demand and margin to understand how overall results move.

Valuation: At 31× earnings, HUBB trades 39% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

Utility Solution is the main operating profit engine: Utility segment operating profit is 0.24 USD_B versus 0.08 USD_B for the Electrical segment, so Utility Solution performance is central to overall profitability.
Broad product categories for multiple electrical end markets: Electrical Solution includes wiring devices, rough-in electrical products, connectors and grounding, lighting fixtures, and more, supporting sales to electrical contractors, electricians, utilities, and telecom customers.

Bear case

Results can be sensitive to Utility Solution fundamentals: Because Utility Solution contributes the majority of segment operating profit, any downturn or margin pressure in Utility Solution could disproportionately affect total operating profit.
Execution and margin pressure risk across manufacturing and supply: Hubbell manufactures products, so operating profit can be pressured by cost changes and operational execution, especially if demand weakens or mix shifts between segments.

Valuation — source: SEC EDGAR (first-party)
Price	$469.86
Market Cap	$24.83B
P/E Ratio	27.6
EV / EBITDA	18.5
Price / Book	6.57
Price / Sales	4.14
FCF Yield	3.7%
DCF Value (model)	$190.65
DCF Upside vs Price	-59.4%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$5.84B
Net Margin	15.2%
Revenue Growth (YoY)	11.1%
EPS Growth (YoY)	8.2%
FCF Growth (YoY)	303.5%

Financial Health — source: SEC EDGAR
Altman Z-Score	5.49 (safe)
Piotroski F-Score	6/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	27.6
Sector P/E (Technology)	33.9
Industry P/E (Electronic Equipment)	39.4
vs Sector	-18.6%
vs Industry	-29.9%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($2.94B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Technology
Industry	Electronic Equipment
CEO	Gerben W. Bakker
Employees	17,700
Country	US
IPO Date	1972-06-05

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.