Hub Group, Inc. (HUBG) Operating Margin (2009 - 2025)
Hub (HUBG) reported Operating Margin of 4.22% for Q3 2025, up 0.97 percentage points from 3.25% a year earlier and up 0.43 percentage points from the prior quarter.
Hub Group, Inc. (HUBG) Operating Margin (2009 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Hub's Operating Margin came in at 3.83%, up 0.33 percentage points year-over-year; for FY2024, it was 3.55%, down 1.50 percentage points from FY2023.
- Operating Margin has a five-year change of -0.60 percentage points (FY2019 to FY2024).
- By year, Operating Margin came in at 5.05% in FY2023 (-3.84 pp), 8.89% in FY2022 (+3.25 pp), 5.63% in FY2021 (+2.61 pp) and 3.03% in FY2020 (-1.13 pp).
- The Q3 2025 figure ranks as the highest quarterly Operating Margin since Q2 2023.
- Year over year, Operating Margin gained in three of the last eight quarters, with an average year-over-year change of -1.21 percentage points.
- The high point for year-over-year Operating Margin in five years was Q1 2022 (a gain of 6.25 percentage points); the low point was Q4 2023 (a drop of 5.13 percentage points).
- Per Business Quant data, the three quarters before Q3 2025 came in at 3.79% (Q2 2025), 4.08% (Q1 2025) and 3.24% (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 4.22% |
| Jun 30, 2025 | 3.79% |
| Mar 31, 2025 | 4.08% |
| Dec 31, 2024 | 3.24% |
| Sep 30, 2024 | 3.25% |
| Jun 30, 2024 | 4.01% |
| Mar 31, 2024 | 3.72% |
| Dec 31, 2023 | 2.98% |
| Sep 30, 2023 | 4.15% |
| Jun 30, 2023 | 5.97% |
| Mar 31, 2023 | 6.79% |
| Dec 31, 2022 | 8.11% |
| Sep 30, 2022 | 8.69% |
| Jun 30, 2022 | 9.82% |
| Mar 31, 2022 | 8.86% |
| Dec 31, 2021 | 9.36% |
| Sep 30, 2021 | 5.57% |
| Jun 30, 2021 | 3.77% |
| Mar 31, 2021 | 2.62% |
| Dec 31, 2020 | 3.27% |
Hub Group, Inc. Operating 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=operating-margin&ticker=HUBG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=HUBG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();