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
DateValue
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%