Hubbell (HUBB) Asset Writedowns and Impairment (2019 - 2024)
Hubbell's (HUBB) quarterly Asset Writedowns and Impairment came in at -$600000.0 in Q3 2024, down 500.0% year-on-year from $150000.0 in Q4 2023, and down 400.0% on a QoQ basis from $200000.0 in Q2 2024.
Hubbell (HUBB) Asset Writedowns and Impairment (2019 - 2024) Analysis & Trends
Hubbell (HUBB) has 6 years of Asset Writedowns and Impairment data on file, last reported at -$600000.0 in Q3 2024.
- On a quarterly basis, Asset Writedowns and Impairment fell 500.0% year-over-year to -$600000.0 in Q3 2024; TTM through Sep 2024 was -$300000.0, a 117.65% decrease from a year earlier, with the FY2023 full-year figure at $300000.0, down 95.95% from the prior year.
- Asset Writedowns and Impairment for Q3 2024 stood at -$600000.0, down from $200000.0 in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for HUBB reached as high as $5.3 million in Q1 2020 and fell as low as -$1.6 million in Q4 2020.
- Historically, Asset Writedowns and Impairment has averaged $838888.9 across 5 years, with a median of $250000.0 in 2021.
- Across the five-year window, Asset Writedowns and Impairment surged 1300.0% in 2022 and tumbled 500.0% in 2024, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at -$1.6 million in 2020, then soared by 187.5% to $1.4 million in 2021, then advanced by 21.43% to $1.7 million in 2022, then sank by 82.35% to $300000.0 in 2023, then slumped by 300.0% to -$600000.0 in 2024.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$600000.0 in Q3 2024, $200000.0 in Q2 2024, and -$200000.0 in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 408.14 Bn | 408.11 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 107.82 Bn | 105.32 Bn | 999.70 Mn |
| 3 | Bloom Energy | 51.42 Bn | 48.93 Bn | 225.54 Mn |
| 4 | Hubbell | 25.68 Bn | 25.16 Bn | 505.30 Mn |
| 5 | nVent Electric | 23.65 Bn | 23.46 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.02 Bn | 10.32 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 10.01 Bn | 9.60 Bn | 606.40 Mn |
| 8 | Powell Industries | 8.16 Bn | 7.62 Bn | 87.94 Mn |
| 9 | EnerSys | 7.00 Bn | 6.57 Bn | 290.87 Mn |
| 10 | Hayward Holdings | 3.17 Bn | 2.94 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 |