Hubbell Incorporated, together with its subsidiaries, manufactures and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Utility Solution segment offers critical components that allow the grid to transmit and distribute energy, as well as the communications and controls technologies, including utility transmission and distribution components, such as arresters, insulators, connectors, anchors, bushings, enclosures, cutouts, and switches; and solutions that serve the edge of the utility infrastructure comprising smart meters, communications systems, and protection and control devices. It sells its products under various brands and/or trademarks to the electrical distribution, substation and transmission markets, as well as markets for grid protection and controls, utility meters and advanced metering infrastructure and telcom and gas distribution markets. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, and residential product-oriented internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The company was founded in 1888 and is headquartered in Shelton, Connecticut.
Navigating Challenges | Delve into Hubbell's strategies for addressing tariff costs and volume headwinds while leveraging opportunities in the post-destocking phase and utility market recoupling |
Market Dynamics | Explore Hubbell's potential to capitalize on infrastructure investments and grid modernization initiatives, with a book-to-bill ratio exceeding 1.2X in 2024 |
Financial Resilience | Despite mixed quarterly results, Hubbell maintains robust EPS forecasts and a 55-year dividend streak, with analyst price targets ranging from $400 to $475 |
Utility T&D Leade | Hubbell strengthens its position in the high-growth Utility Transmission & Distribution market through strategic acquisitions and product portfolio expansion |

Metrics to compare | HUBB | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipHUBBPeersSector | |
|---|---|---|---|---|
P/E Ratio | 31.6x | 33.5x | 12.6x | |
PEG Ratio | 2.11 | 0.78 | 0.03 | |
Price / Book | 7.3x | 5.3x | 1.4x | |
Price / LTM Sales | 4.8x | 3.0x | 1.3x | |
Upside (Analyst Target) | 3.7% | 25.4% | 20.0% | |
Fair Value Upside | Unlock | −8.7% | 5.5% | Unlock |