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% quarter-over-quarter 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.
- Asset Writedowns and Impairment for Q3 2024 came in at -$600000.0, down 500.0% year-over-year; the trailing twelve-month figure through Sep 2024 was -$300000.0 (down 117.65% YoY), and the FY2023 annual result was $300000.0, down 95.95% from the prior year.
- Asset Writedowns and Impairment slipped to -$600000.0 in Q3 2024 per HUBB's latest filing, from $200000.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $5.3 million in Q1 2020 and troughed at -$1.6 million in Q4 2020.
- A 5-year average of $838888.9 and a median of $250000.0 in 2021 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment jumped 1300.0% in 2022, then sank 500.0% in 2024.
- A 5-year view of Asset Writedowns and Impairment shows it stood at -$1.6 million in 2020, then soared by 187.5% to $1.4 million in 2021, then increased by 21.43% to $1.7 million in 2022, then plunged by 82.35% to $300000.0 in 2023, then sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 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 |