Hubbell (HUBB) Asset Writedowns and Impairment (2019 - 2024)
Hubbell (HUBB) reported Asset Writedowns and Impairment of -$600000.0 for Q3 2024, down 500.0% year-over-year from $150000.0 in Q4 2023, and down 400.0% on a QoQ basis from $200000.0 in Q2 2024.
Hubbell (HUBB) has 6 years of Asset Writedowns and Impairment data on file, last reported at -$600000.0 in Q3 2024.
- Quarterly Asset Writedowns and Impairment fell 500.0% year-over-year to -$600000.0 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was -$300000.0 (down 117.65% YoY) and the FY2023 annual result came in at $300000.0, down 95.95% from the prior year.
- Asset Writedowns and Impairment eased to -$600000.0 in Q3 2024 per HUBB's latest filing, from $200000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $5.3 million in Q1 2020 and bottomed at -$1.6 million in Q4 2020.
- The 5-year median for Asset Writedowns and Impairment is $250000.0 (2021), against an average of $838888.9.
- The widest annual swing landed in 2022, when Asset Writedowns and Impairment surged 1300.0%; it then tumbled 500.0% in 2024.
- Tracing HUBB's Asset Writedowns and Impairment over 5 years: stood at -$1.6 million in 2020, then jumped by 187.5% to $1.4 million in 2021, then climbed by 21.43% to $1.7 million in 2022, then slumped by 82.35% to $300000.0 in 2023, then tumbled by 300.0% to -$600000.0 in 2024.
- Per Business Quant, the three latest HUBB Asset Writedowns and Impairment figures stand at -$600000.0 (Q3 2024), $200000.0 (Q2 2024), and -$200000.0 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -600,000.00 |
| Sep 30, 2024 | -600,000.00 |
| Jun 30, 2024 | 200,000.00 |
| Jun 30, 2024 | 200,000.00 |
| Mar 31, 2024 | -200,000.00 |
| Mar 31, 2024 | -200,000.00 |
| Dec 31, 2023 | 300,000.00 |
| Dec 31, 2023 | 300,000.00 |
| Sep 30, 2023 | -100,000.00 |
| Sep 30, 2023 | -100,000.00 |
| Mar 31, 2023 | 100,000.00 |
| Mar 31, 2023 | 100,000.00 |
| Dec 31, 2022 | 1.70 Mn |
| Dec 31, 2022 | 1.70 Mn |
| Sep 30, 2022 | 1.30 Mn |
| Sep 30, 2022 | 1.30 Mn |
| Jun 30, 2022 | 2.80 Mn |
| Jun 30, 2022 | 2.80 Mn |
| Mar 31, 2022 | 1.60 Mn |
| Mar 31, 2022 | 1.60 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Sep 30, 2021 | 200,000.00 |
| Sep 30, 2021 | 200,000.00 |
| Jun 30, 2021 | 200,000.00 |
| Jun 30, 2021 | 200,000.00 |
| Mar 31, 2021 | -500,000.00 |
| Mar 31, 2021 | -500,000.00 |
| Dec 31, 2020 | -1.60 Mn |
| Dec 31, 2020 | -1.60 Mn |
| Sep 30, 2020 | 1.50 Mn |
| Sep 30, 2020 | 1.50 Mn |
| Jun 30, 2020 | 1.50 Mn |
| Jun 30, 2020 | 1.50 Mn |
| Mar 31, 2020 | 5.30 Mn |
| Mar 31, 2020 | 5.30 Mn |
| Dec 31, 2019 | 900,000.00 |
| Dec 31, 2019 | 900,000.00 |
| Sep 30, 2019 | 1.10 Mn |
| Sep 30, 2019 | 1.10 Mn |
| Jun 30, 2019 | -1.10 Mn |
| Jun 30, 2019 | -1.10 Mn |
| Mar 31, 2019 | 800,000.00 |
| Mar 31, 2019 | 800,000.00 |