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HUBB (Hubbell) Debt-to-EBITDA : 1.38 (As of Dec. 2024)


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What is Hubbell Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hubbell's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $160 Mil. Hubbell's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1,560 Mil. Hubbell's annualized EBITDA for the quarter that ended in Dec. 2024 was $1,247 Mil. Hubbell's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.38.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hubbell's Debt-to-EBITDA or its related term are showing as below:

HUBB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.2   Med: 1.89   Max: 2.69
Current: 1.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hubbell was 2.69. The lowest was 1.20. And the median was 1.89.

HUBB's Debt-to-EBITDA is ranked better than
56.71% of 2294 companies
in the Industrial Products industry
Industry Median: 1.71 vs HUBB: 1.33

Hubbell Debt-to-EBITDA Historical Data

The historical data trend for Hubbell's Debt-to-EBITDA 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.

* Premium members only.

Hubbell Debt-to-EBITDA Chart

Hubbell Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.31 1.82 1.96 1.33

Hubbell Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 2.00 1.54 1.51 1.38

Competitive Comparison of Hubbell's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Hubbell's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hubbell's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hubbell's Debt-to-EBITDA falls into.


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Hubbell Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hubbell's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(159.6 + 1560) / 1291.2
=1.33

Hubbell's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(159.6 + 1560) / 1246.8
=1.38

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.


Hubbell  (NYSE:HUBB) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hubbell Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Hubbell's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Hubbell Business Description

Traded in Other Exchanges
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Founded in 1888 by Harvey Hubbell, the eponymous company was the conduit through which the pull-chain lamp socket was originally sold. Hubbell has since grown into an electricity transmission and distribution behemoth, housing more than 75 brands that sell components found on power lines, electrical substations, and within commercial and industrial buildings. The company's primary operations are within the United States, where around 90% of revenue is derived.
Executives
Alyssa R Flynn officer: Chief Human Resources Officer C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
John F Malloy director 2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105
Mark Eugene Mikes officer: President Electrical Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Del Nero Jonathan M. officer: Vice President, Controller C/0 HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gerben Bakker officer: Group Vice President C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Carlos M Cardoso director STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Debra L. Dial director 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Neal J Keating director C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Katherine Anne Lane officer: VP, Acting GC and Secretary 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
Gregory Gumbs officer: President, Utility Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
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