Hub (HUBG) Gross Margin (2009 - 2025)
Hub (HUBG) recorded quarterly Gross Margin of 26.84% in Q3 2025, down 2.66% quarter-over-quarter from 27.58% in Q2 2025, and up 182.0% on a YoY basis from 9.52% in Q3 2024.
Hub (HUBG) Gross Margin (2009 - 2025) Analysis & Trends
Hub's Gross Margin history runs 17 years deep, the most recent figure standing at 26.84% for Q3 2025.
- In Q3 2025, Gross Margin rose 182.0% year-over-year to 26.84%; the TTM figure through Sep 2025 stood at 27.04% (up 157.0% YoY), while the FY2024 annual figure was 25.74%, up 59.0% from the prior year.
- Gross Margin was 26.84% for Q3 2025 at Hub, down from 27.58% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 28.11% in Q1 2025 to a low of 11.83% in Q1 2021.
- Historically, Gross Margin has averaged 21.49% across 5 years, with a median of 24.63% in 2023.
- The sharpest annual moves came in 2021 and 2023: Gross Margin tumbled 148 bps in 2021, then surged 900 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 16.93% in 2021, then fell by 6 bps to 15.9% in 2022, then surged by 55 bps to 24.63% in 2023, then rose by 4 bps to 25.72% in 2024, then increased by 4 bps to 26.84% in 2025.
- The last three Gross Margin figures came in at 26.84% (Q3 2025), 27.58% (Q2 2025), and 28.11% (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 86.96% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 85.38% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 94.27% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 37.30% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 99.58% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 98.74% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 14.86% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 24.36% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 78.63% |
| 10 | Hub | 2.58 Mn | 2.11 Mn | 250.84 Mn | 26.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 26.84% |
| Jun 30, 2025 | 27.58% |
| Mar 31, 2025 | 28.11% |
| Dec 31, 2024 | 25.72% |
| Sep 30, 2024 | 25.02% |
| Jun 30, 2024 | 26.28% |
| Mar 31, 2024 | 25.95% |
| Dec 31, 2023 | 24.63% |
| Sep 30, 2023 | 24.61% |
| Jun 30, 2023 | 26.61% |
| Mar 31, 2023 | 24.76% |
| 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% |