Hub Group, Inc. (HUBG) Gross Margin (2009 - 2022)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HUBG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HUBG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();