Hub HUBG
NASDAQ HUBG
$28.16 -0.58 (-2.02%)
As of: Oct 6, 2026 · 3:59 PM EDT

Hub Group, Inc. (HUBG) Gross Margin (2009 - 2022)

Updated

Hub (HUBG) posted Gross Margin of 15.90% for Q4 2022, down 1.03 percentage points from 16.93% a year earlier and down 0.57 percentage points from the prior quarter.

Analysis

Hub Group, Inc. (HUBG) Gross Margin (2009 - 2022) Analysis & Trends

For FY2022, Hub's Gross Margin came in at 16.66%, up 2.49 percentage points from FY2021.

  • Annual Gross Margin shows a five-year change of +5.85 percentage points (FY2017 to FY2022).
  • In prior years, Hub's Gross Margin was 14.17% in FY2021 (+2.00 pp), 12.17% in FY2020 (-2.03 pp), 14.21% in FY2019 (+2.11 pp) and 12.10% in FY2018 (+1.29 pp).
  • The Q4 2022 figure stands as the lowest quarterly Gross Margin since Q3 2021.
  • On a year-over-year basis, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +2.19 percentage points.
  • The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 5.85 percentage points; the weakest was Q3 2020, with a drop of 3.12 percentage points.
  • According to Business Quant data, Gross Margin for the three prior quarters was 16.47% (Q3 2022), 17.61% (Q2 2022) and 16.56% (Q1 2022).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 15.90%
Sep 30, 2022 16.47%
Jun 30, 2022 17.61%
Mar 31, 2022 16.56%
Dec 31, 2021 16.93%
Sep 30, 2021 14.66%
Jun 30, 2021 12.29%
Mar 31, 2021 11.83%
Dec 31, 2020 11.08%
Sep 30, 2020 11.68%
Jun 30, 2020 13.76%
Mar 31, 2020 12.47%
Dec 31, 2019 13.97%
Sep 30, 2019 14.81%
Jun 30, 2019 14.41%
Mar 31, 2019 13.64%
Dec 31, 2018 13.61%
Sep 30, 2018 12.32%
Jun 30, 2018 11.29%
Mar 31, 2018 10.87%
API Access

Hub Group, Inc. Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=HUBG&period=max&api_key=YOUR_API_KEY