Hubbell (HUBB) Gross Margin (2009 - 2026)
Hubbell's (HUBB) quarterly Gross Margin came in at 33.32% in Q1 2026, up 90.0% year-on-year from 17.53% in Q1 2025, and down 5.29% on a QoQ basis from 35.18% in Q4 2025.
Hubbell (HUBB) Gross Margin (2009 - 2026) Analysis & Trends
Hubbell (HUBB) has 18 years of Gross Margin data on file, last reported at 33.32% in Q1 2026.
- On a quarterly basis, Gross Margin rose 90.0% year-over-year to 33.32% in Q1 2026; TTM through Mar 2026 was 35.47%, a 125.0% increase from a year earlier, with the FY2025 full-year figure at 35.32%, up 146.0% from the prior year.
- Gross Margin for Q1 2026 stood at 33.32%, down from 35.18% in the prior quarter.
- Over the last five years, Gross Margin for HUBB reached as high as 37.2% in Q2 2025 and fell as low as 27.95% in Q1 2022.
- Historically, Gross Margin has averaged 33.42% across 5 years, with a median of 33.89% in 2024.
- Across the five-year window, Gross Margin jumped 693 bps in 2023 and slumped 388 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 30.08% in 2022, then gained by 10 bps to 33.07% in 2023, then advanced by 2 bps to 33.89% in 2024, then rose by 4 bps to 35.18% in 2025, then slipped by 5 bps to 33.32% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 33.32% in Q1 2026, 35.18% in Q4 2025, and 36.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 33.45% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 30.03% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 33.32% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 35.88% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.32% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 50.62% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 29.65% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 29.44% |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn | 46.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.32% |
| Dec 31, 2025 | 35.18% |
| Sep 30, 2025 | 36.23% |
| Jun 30, 2025 | 37.20% |
| Mar 31, 2025 | 32.42% |
| Dec 31, 2024 | 33.89% |
| Sep 30, 2024 | 35.08% |
| Jun 30, 2024 | 35.37% |
| Mar 31, 2024 | 30.99% |
| Dec 31, 2023 | 33.07% |
| Sep 30, 2023 | 35.43% |
| Jun 30, 2023 | 36.33% |
| Mar 31, 2023 | 34.88% |
| Dec 31, 2022 | 30.08% |
| Sep 30, 2022 | 30.28% |
| Jun 30, 2022 | 30.51% |
| Mar 31, 2022 | 27.95% |
| Dec 31, 2021 | 26.35% |
| Sep 30, 2021 | 27.79% |
| Jun 30, 2021 | 28.29% |