Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Hubbell Inc.HUBB · business equipment
GradeTortoiseCmiddle fifth of 497 graded peers; percentile 48.0, sampling error 2.2 points; lower is stronger
Rank239 of 497
ProfitabilityDpercentile 66.0
SolvencyBpercentile 35.9
Growth and financingB/Cpercentile 41.2
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $8.2B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone active
Inputs computable11 of 14
Graded fromfilings received through Feb 12, 2026239 days before the rescan; every figure keyed to the SEC receipt date
Last close$475.792026-10-08; market equity $25.1B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$400$500NovDecJanFebMarAprMayJunJulAugSepOctBC$475.40
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ5
Feb 21, 2014B30.7Q5
Apr 21, 2014B/C36.2Q5
Jun 21, 2014B36.1Q5
Jul 21, 2014B/C43.0Q5
Sep 21, 2014C44.3Q5
Oct 21, 2014B/C43.4Q5
Nov 21, 2014C45.9Q5
Dec 21, 2014B/C40.5Q5
Feb 21, 2015B30.9Q5
Feb 21, 2016C/D57.9Q5
Mar 21, 2016C52.5Q5
Feb 21, 2017B/C38.6Q5
Jan 21, 2018B36.8Q5
Feb 21, 2018C51.9Q5
Jun 21, 2021C/D57.2Q5
Aug 21, 2021C56.7Q5
Oct 21, 2021C/D57.8Q5
Feb 21, 2022D72.3Q5
Feb 21, 2023C49.0Q5
Feb 21, 2024C/D60.8Q5
Jun 21, 2024D63.1Q5
Sep 21, 2024C/D61.3Q5
Oct 21, 2024D62.5Q5
Feb 21, 2025B/C42.3Q5
Apr 21, 2025B37.2Q5
Feb 21, 2026C52.8Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 12, 2026; the document on sec.gov.

Hubbell Incorporated (herein referred to as “Hubbell”, the “Company”, the “registrant”, “we”, “our” or “us”, which references shall include its divisions and subsidiaries as the context may require) was founded as a proprietorship in 1888, and was incorporated in Connecticut in 1905. Recognized for our innovation, quality, and deep commitment to serving our customers for over 135 years, Hubbell is a world-class manufacturer of electrical and utility solutions, with more than 75 brands used around the world.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 66.0
Gross profitability25.1%[1,3]28.5%54.85582025-12-31
Return on invested capitalnot computable10.9%
latest aligned inputs end 2024-12-31; latest annual assets end 2025-12-31
Accruals ratio(1.9%)[1,4-6](7.4%)80.86212025-12-31
Gross margin stability, five years3.1 pts[2-3,7-14]2.4 pts62.44292025-12-31
Solvency, sleeve percentile 35.9
Twelve-month failure probability0.03%0.05%23.01012026-03-31
Altman Z double-prime4.42[1,15-20]2.1828.05662025-12-31
Net debt to EBITDAnot computable1.11x
latest aligned inputs end 2024-12-31; latest annual assets end 2025-12-31
Interest coveragenot computable3.77x
latest aligned inputs end 2020-12-31; latest annual assets end 2025-12-31
Current ratio1.72x[15-16]2.02x56.76662025-12-31
Growth and financing, sleeve percentile 41.2
Revenue growth, three-year compound5.7%[2,8,10,12]6.4%52.35382025-12-31
Free cash flow growth, three-year compound19.9%[5,21-27]17.2%46.12682025-12-31
Reinvestment rate5.3%[15-16,18,21,28-32]14.3%53.82262025-12-31
Asset growth, three years15.1%[1,6,33-34]5.0%24.45632025-12-31
Net share issuance, one year(0.9%)[35-36]0.5%29.64072026-02-05

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.054; sampling error 2.2 percentile points on 497 peers.

Among 497 Peers [top]

ABCDENVDA, Nvidia Corp.; A, percentile 3.0; market equity $5.6T; warnings: fortress balance sheetNVDAMSFT, Microsoft Corp.; A, percentile 8.7; market equity $3.9TMSFTAMD, Advanced Micro Devices Inc.; A/B, percentile 20.2; market equity $1.0T; warnings: fortress balance sheetAMDAAPL, Apple Inc.; B, percentile 35.5; market equity $5.0TAAPLMU, Micron Technology Inc.; B/C, percentile 40.9; market equity $1.2TMUAVGO, Broadcom Inc.; C, percentile 53.2; market equity $1.7TAVGOHUBB 48.0strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
234ACI Worldwide, Inc. (ACIW)

ACI Worldwide, Inc. (ACIW)

Cmiddle fifth; percentile 47.0

Nasdaq · Services-Prepackaged Software

market equity $5.2B; last close $51.10

No active warnings; 12 of 14 inputs

47.0C
235SentinelOne, Inc. (S)

SentinelOne, Inc. (S)

Cmiddle fifth; percentile 47.2

NYSE · Services-Prepackaged Software

last close $25.41

No active warnings; 7 of 14 inputs

47.2C
236Audioeye Inc. (AEYE)

Audioeye Inc. (AEYE)

Cmiddle fifth; percentile 47.4

Nasdaq · Services-Prepackaged Software

market equity $86.0M; last close $6.89

No active warnings; 8 of 14 inputs

47.4C
237Planet Labs PBC (PL)

Planet Labs PBC (PL)

Cmiddle fifth; percentile 47.6

NYSE · Radio & Tv Broadcasting & Communications Equipment

market equity $4.5B; last close $17.17

No active warnings; 7 of 14 inputs

47.6C
238Hurco Companies Inc. (HURC)

Hurco Companies Inc. (HURC)

Cmiddle fifth; percentile 47.8

Nasdaq · Industrial Instruments For Measurement, Display, and Control

market equity $136.4M; last close $20.91

No active warnings; 7 of 14 inputs

47.8C
239Hubbell Inc. (HUBB)

Hubbell Inc. (HUBB)

Cmiddle fifth; percentile 48.0

NYSE · Electronic Components & Accessories

market equity $25.1B; last close $475.79

No active warnings; 11 of 14 inputs

48.0C
240Kulicke & Soffa Industries Inc. (KLIC)

Kulicke & Soffa Industries Inc. (KLIC)

Cmiddle fifth; percentile 48.2

Nasdaq · Semiconductors & Related Devices

market equity $4.8B; last close $90.94

No active warnings; 10 of 14 inputs

48.2C
241Aviat Networks, Inc. (AVNW)

Aviat Networks, Inc. (AVNW)

Cmiddle fifth; percentile 48.4

Nasdaq · Radio & Tv Broadcasting & Communications Equipment

market equity $261.4M; last close $20.42

No active warnings; 11 of 14 inputs

48.4C
242Aehr Test Systems (AEHR)

Aehr Test Systems (AEHR)

Cmiddle fifth; percentile 48.6

Nasdaq · Instruments For Meas & Testing of Electricity & Elec Signals

market equity $2.8B; last close $87.21

Warnings: fortress balance sheet; 8 of 14 inputs

48.6Cfortress balance sheet
243Lantronix Inc. (LTRX)

Lantronix Inc. (LTRX)

Cmiddle fifth; percentile 48.8

Nasdaq · Computer Communications Equipment

market equity $319.0M; last close $6.83

Warnings: fortress balance sheet; 8 of 14 inputs

48.8Cfortress balance sheet
244Arteris, Inc. (AIP)

Arteris, Inc. (AIP)

Cmiddle fifth; percentile 49.0

Nasdaq · Semiconductors & Related Devices

market equity $1.1B; last close $22.84

No active warnings; 8 of 14 inputs

49.0C
Peer policyLetterPercentilePeers
all graded filers, equal sleevesB37.12204
sector peers, equal sleeves (the grade)C48.0497
same exchange, equal sleevesB37.2984
sector peers, equal inputsB/C42.1497

Each letter is one fifth of the 497 graded peers, about 99 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month6.2%2.2%54hotter than 54 of 100 peers
Distance from 52-week high(14.8%)(30.0%)72closer to its high than 72 of 100 peers
EBIT to enterprise value4.6%1.5%77pricier than 23 of 100 peers
Free cash flow yield3.5%2.7%58pricier than 42 of 100 peers
Book value to price0.150.2334pricier than 66 of 100 peers
Sales to price0.230.3042pricier than 58 of 100 peers
Composite equity issuance, five years(11.6%)3.9%25more equity-funded than 25 of 100 peers
Relative strength against the sector, log excess return(0.22)(0.26)54ahead of 54 of 100 peers

Inputs: market equity $25.1B; EBIT $1.2B; free cash flow $874.7M; book equity $3.8B; sales $5.8B; debt $1.4B; cash $501.6M[37].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 7 of 9, period end 2025-12-31
Return on assets above zero13.0%✓ pass[4,6]
Operating cash flow above zero$1.0B✓ pass[5]
Return on assets improved2.0 pts✓ pass[4,6,33,38]
Operating cash flow exceeds net income$142.7M✓ pass[4-5]
Long-term leverage fell6.3 pts✗ fail[1,6,33,39-40]
Current ratio improved(5.3 pts)✗ fail[15-16,31-32]
No new shares issued(0.9%)✓ pass[35-36]
Gross margin improved1.5 pts✓ pass[2-3,7-8]
Asset turnover improved5.9 pts✓ pass[2,6,8,33]
Cash, filings, liquidity
Cash and equivalents$501.6M[41]
Operating cash flow, four quarters$1.1B[5,41-45]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing72
10-Q received Jul 29, 2026
Median daily dollar volume$218.5M
63 sessions
Days since newest grade input239

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$8.2B2025-12-312026-02-1210-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.8B2025-12-312026-02-1210-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$2.1B2025-12-312026-02-1210-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$887.1M2025-12-312026-02-1210-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.0B2025-12-312026-02-1210-Kfiling · viewer · series
6assetsus-gaap:Assets$6.8B2024-12-312026-02-1210-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$1.9B2024-12-312026-02-1210-Kfiling · viewer · series
8revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.6B2024-12-312026-02-1210-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$1.9B2023-12-312026-02-1210-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.4B2023-12-312026-02-1210-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$1.5B2022-12-312025-02-1310-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$4.9B2022-12-312025-02-1310-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$1.2B2021-12-312024-02-0810-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$4.2B2021-12-312024-02-0810-Kfiling · viewer · series
15current assetsus-gaap:AssetsCurrent$2.6B2025-12-312026-02-1210-Kfiling · viewer · series
16current liabilitiesus-gaap:LiabilitiesCurrent$1.5B2025-12-312026-02-1210-Kfiling · viewer · series
17retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$4.2B2025-12-312026-02-1210-Kfiling · viewer · series
18operating incomeus-gaap:OperatingIncomeLoss$1.2B2025-12-312026-02-1210-Kfiling · viewer · series
19book equityus-gaap:StockholdersEquity$3.8B2025-12-312026-02-1210-Kfiling · viewer · series
20liabilitiesus-gaap:Liabilities$4.4B2025-12-312026-02-1210-Kfiling · viewer · series
21capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$155.1M2025-12-312026-02-1210-Kfiling · viewer · series
22operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$991.2M2024-12-312025-02-1310-Kfiling · viewer · series
23capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$180.4M2024-12-312026-02-1210-Kfiling · viewer · series
24operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$880.8M2023-12-312025-02-1310-Kfiling · viewer · series
25capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$165.7M2023-12-312026-02-1210-Kfiling · viewer · series
26operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$636.2M2022-12-312025-02-1310-Kfiling · viewer · series
27capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$129.3M2022-12-312025-02-1310-Kfiling · viewer · series
28depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$206.1M2025-12-312026-02-1210-Kfiling · viewer · series
29pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$1.1B2025-12-312026-02-1210-Kfiling · viewer · series
30income taxus-gaap:IncomeTaxExpenseBenefit$227.2M2025-12-312026-02-1210-Kfiling · viewer · series
31current assetsus-gaap:AssetsCurrent$2.3B2024-12-312026-02-1210-Kfiling · viewer · series
32current liabilitiesus-gaap:LiabilitiesCurrent$1.3B2024-12-312026-02-1210-Kfiling · viewer · series
33assetsus-gaap:Assets$7.1B2023-12-312026-02-1210-Kfiling · viewer · series
34assetsus-gaap:Assets$5.4B2022-12-312025-02-1310-Kfiling · viewer · series
35shares outstandingdei:EntityCommonStockSharesOutstanding53,161,6022026-02-052026-02-1210-Kfiling · viewer · series
36shares outstandingdei:EntityCommonStockSharesOutstanding53,667,6742025-02-062025-02-1310-Kfiling · viewer · series
37shares outstandingdei:EntityCommonStockSharesOutstanding52,841,7772026-04-272026-05-0110-Qfiling · viewer · series
38net incomeus-gaap:NetIncomeLoss$779.0M2024-12-312026-02-1210-Kfiling · viewer · series
39long term debtus-gaap:LongTermDebtNoncurrent$2.0B2025-12-312026-02-1210-Kfiling · viewer · series
40long term debtus-gaap:LongTermDebtNoncurrent$1.4B2024-12-312026-02-1210-Kfiling · viewer · series
41cashus-gaap:CashAndCashEquivalentsAtCarryingValue$501.6M2026-03-312026-05-0110-Qfiling · viewer · series
42operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$86.6M2026-03-312026-05-0110-Qfiling · viewer · series
43operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$582.3M2025-09-302025-10-2910-Qfiling · viewer · series
44operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$298.0M2025-06-302025-07-3010-Qfiling · viewer · series
45operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$37.4M2025-03-312026-05-0110-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 48.0 is 8.0 points from the nearest band edge; sampling error is 2.2 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.