Hubbell (HUBB) Asset Writedowns and Impairment (2019 - 2024)
Hubbell (HUBB) posted quarterly 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% quarter-over-quarter from $200000.0 in Q2 2024.
Hubbell (HUBB) Asset Writedowns and Impairment (2019 - 2024) Analysis & Trends
Hubbell (HUBB) has reported Asset Writedowns and Impairment for 6 consecutive years, with -$600000.0 the latest figure, recorded in Q3 2024.
- In Q3 2024, Asset Writedowns and Impairment fell 500.0% year-over-year to -$600000.0; the TTM figure through Sep 2024 stood at -$300000.0 (down 117.65% YoY), while the FY2023 annual figure was $300000.0, down 95.95% from the prior year.
- Asset Writedowns and Impairment fell 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.
- Historically, Asset Writedowns and Impairment has averaged $838888.9 across 5 years, with a median of $250000.0 in 2021.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment jumped 1300.0% — and 2024, when it sank 500.0%.
- Hubbell's Asset Writedowns and Impairment stood at -$1.6 million in 2020, then jumped by 187.5% to $1.4 million in 2021, then rose 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.
- Business Quant data shows HUBB's Asset Writedowns and Impairment at -$600000.0 in Q3 2024, $200000.0 in Q2 2024, and -$200000.0 in Q1 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn |
| 10 | Hayward Holdings | 3.17 Bn | 2.69 Bn | 155.05 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 |