What is Hubbell Debt-to-Equity?
Hubbell's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $148 Mil. Hubbell's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,142 Mil. Hubbell's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,877 Mil.
Hubbell's debt to equity for the quarter that ended in Dec. 2023 was 0.80.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Hubbell's Debt-to-Equity or its related term are showing as below:
HUBB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.67 Max: 1.01
Current: 0.8
During the past 13 years, the highest Debt-to-Equity Ratio of Hubbell was 1.01. The lowest was 0.31. And the median was 0.67.
Hubbell Debt-to-Equity Historical Data
The historical data trend for Hubbell's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hubbell Debt-to-Equity Chart
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Hubbell Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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0.86 |
0.82 |
0.69 |
0.66 |
0.80 |
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Hubbell Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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0.66 |
0.63 |
0.59 |
0.58 |
0.80 |
Competitive Comparison of Hubbell's Debt-to-Equity
For the Electrical Equipment & Parts subindustry, Hubbell's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hubbell's Debt-to-Equity Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hubbell's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hubbell's Debt-to-Equity falls into.
Hubbell Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Hubbell's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Hubbell's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hubbell (Hubbell) Business Description
Traded in Other Exchanges
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.
Executives
| John F Malloy |
director |
2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105 |
| Del Nero Jonathan M. |
officer: Vice President, Controller |
C/0 HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Alyssa R Flynn |
officer: Chief Human Resources Officer |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| William R Sperry |
officer: Executive VP and CFO |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Gerben Bakker |
officer: Group Vice President |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Mark Eugene Mikes |
officer: President Electrical Solutions |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Gregory Gumbs |
officer: President, Utility Solutions |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Debra L. Dial |
director |
208 S. AKARD, 29TH FLOOR, DALLAS TX 75202 |
| Carlos M Cardoso |
director |
STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053 |
| Anthony Guzzi |
director |
301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851 |
| Allan Connolly |
officer: Group President, Power Systems |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Stephen M Mais |
officer: Vice President Human Resources |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Rhett Anthony Hernandez |
director |
40 WATERVIEW DRIVE, SHELTON CT 06484 |
| David G Nord |
officer: Senior VP & CFO |
UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101 |
| Joseph Anthony Capozzoli |
officer: VP and Corporate Controller |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
Hubbell (Hubbell) Headlines
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