Hub Group, Inc. (HUBG) Net Margin (2009 - 2025)
Hub (HUBG) recorded Net Margin of 3.06% in Q3 2025, up 0.66 percentage points from 2.39% a year earlier and up 0.27 percentage points from the prior quarter.
Hub Group, Inc. (HUBG) Net Margin (2009 - 2025) Analysis & Trends
On a TTM basis, Hub's Net Margin came in at 2.82% as of Sep 30, 2025, up 0.07 percentage points year-over-year; for FY2024, it was 2.64%, down 1.35 percentage points from FY2023.
- Annual Net Margin has a five-year change of -0.29 percentage points (FY2019 to FY2024).
- Across earlier years, Net Margin came in at 3.99% in FY2023 (-2.70 pp), 6.68% in FY2022 (+2.63 pp), 4.05% in FY2021 (+1.95 pp) and 2.10% in FY2020 (-0.82 pp).
- The Q3 2025 figure is the highest quarterly Net Margin since Q2 2023.
- On a year-over-year basis, Net Margin rose in two of the last eight quarters, with an average year-over-year change of -0.96 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 4.87 percentage points in Q1 2022, against a drop of 3.47 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.79% (Q2 2025), 2.93% (Q1 2025) and 2.50% (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 3.06% |
| Jun 30, 2025 | 2.79% |
| Mar 31, 2025 | 2.93% |
| Dec 31, 2024 | 2.50% |
| Sep 30, 2024 | 2.39% |
| Jun 30, 2024 | 2.94% |
| Mar 31, 2024 | 2.71% |
| Dec 31, 2023 | 2.92% |
| Sep 30, 2023 | 2.97% |
| Jun 30, 2023 | 4.47% |
| Mar 31, 2023 | 5.36% |
| Dec 31, 2022 | 6.17% |
| Sep 30, 2022 | 6.44% |
| Jun 30, 2022 | 7.34% |
| Mar 31, 2022 | 6.74% |
| Dec 31, 2021 | 6.71% |
| Sep 30, 2021 | 4.03% |
| Jun 30, 2021 | 2.71% |
| Mar 31, 2021 | 1.87% |
| Dec 31, 2020 | 2.35% |
Hub Group, Inc. Net 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=net-margin&ticker=HUBG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=HUBG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();