TTM
35.5%
YoY change
+1.63pp
Trough year (2001)
23.9%
Peak year (1992)
36.2%
Latest annual
35.5%
Gross Margin history chart for Hubbell (HUBB) from 1985 to 2025
Latest: 35.5%
Gross Margin change chart for Hubbell (HUBB) from 1985 to 2025
Latest: +1.63pp
Gross Margin history table for Hubbell (HUBB) from 1985 to 2025
| 2025 | 35.5% | +1.63pp | ||
| 2024 | 33.8% | -1.31pp | ||
| 2023 | 35.1% | +5.40pp | ||
| 2022 | 29.7% | +2.29pp | ||
| 2021 | 27.5% | -2.03pp | ||
| 2020 | 29.5% | -0.20pp | ||
| 2019 | 29.7% | +0.67pp | ||
| 2018 | 29.0% | -2.47pp | ||
| 2017 | 31.5% | -0.04pp | ||
| 2016 | 31.5% | -0.68pp | ||
| 2015 | 32.2% | -0.81pp | ||
| 2014 | 33.0% | -0.61pp | ||
| 2013 | 33.6% | +0.37pp | ||
| 2012 | 33.2% | +1.08pp | ||
| 2011 | 32.2% | -0.44pp | ||
| 2010 | 32.6% | +1.79pp | ||
| 2009 | 30.8% | +1.11pp | ||
| 2008 | 29.7% | +0.67pp | ||
| 2007 | 29.0% | +1.83pp | ||
| 2006 | 27.2% | -1.06pp | ||
| 2005 | 28.3% | +0.07pp | ||
| 2004 | 28.2% | +1.00pp | ||
| 2003 | 27.2% | +1.43pp | ||
| 2002 | 25.8% | +1.84pp | ||
| 2001 | 23.9% | -5.84pp | ||
| 2000 | 29.8% | -2.04pp | ||
| 1999 | 31.8% | -2.33pp | ||
| 1998 | 34.1% | -0.21pp | ||
| 1997 | 34.3% | +1.07pp | ||
| 1996 | 33.3% | +0.37pp | ||
| 1995 | 32.9% | -0.54pp | ||
| 1994 | 33.4% | -1.76pp | ||
| 1993 | 35.2% | -1.00pp | ||
| 1992 | 36.2% | +0.52pp | ||
| 1991 | 35.7% | +0.96pp | ||
| 1990 | 34.7% | -0.42pp | ||
| 1989 | 35.1% | -0.93pp | ||
| 1988 | 36.1% | -0.08pp | ||
| 1987 | 36.1% | +1.08pp | ||
| 1986 | 35.1% | -0.12pp | ||
| 1985 | 35.2% | — |
- 202535.5%+1.63pp
- 202433.8%-1.31pp
- 202335.1%+5.40pp
- 202229.7%+2.29pp
- 202127.5%-2.03pp
- 202029.5%-0.20pp
- 201929.7%+0.67pp
- 201829.0%-2.47pp
- 201731.5%-0.04pp
- 201631.5%-0.68pp
- 201532.2%-0.81pp
- 201433.0%-0.61pp
- 201333.6%+0.37pp
- 201233.2%+1.08pp
- 201132.2%-0.44pp
- 201032.6%+1.79pp
- 200930.8%+1.11pp
- 200829.7%+0.67pp
- 200729.0%+1.83pp
- 200627.2%-1.06pp
- 200528.3%+0.07pp
- 200428.2%+1.00pp
- 200327.2%+1.43pp
- 200225.8%+1.84pp
- 200123.9%-5.84pp
- 200029.8%-2.04pp
- 199931.8%-2.33pp
- 199834.1%-0.21pp
- 199734.3%+1.07pp
- 199633.3%+0.37pp
- 199532.9%-0.54pp
- 199433.4%-1.76pp
- 199335.2%-1.00pp
- 199236.2%+0.52pp
- 199135.7%+0.96pp
- 199034.7%-0.42pp
- 198935.1%-0.93pp
- 198836.1%-0.08pp
- 198736.1%+1.08pp
- 198635.1%-0.12pp
- 198535.2%—
Gross Margin values are taken from Hubbell's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Hubbell (HUBB)
According to Hubbell's latest reported financial statements, the company's latest reported gross margin is 35.5%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Hubbell (HUBB) gross margin totalled 35.46% – expanded 1.6 percentage points year-over-year.
The record annual gross margin stands at 36.20%, reached in 1992; the historical low of 23.93% was recorded in 2001.
Hubbell Gross Margin by Year
Hubbell Gross Margin 2025: 35.5%
Hubbell gross margin in 2025 was 35.46%, expanded 1.6 percentage points from 2024.
Hubbell Gross Margin 2024: 33.8%
2024's gross margin for Hubbell came in at 33.83%, contracted 1.3 percentage points from 2023.
Hubbell Gross Margin 2023: 35.1%
Hubbell posted gross margin of 35.14% in 2023, expanded 5.4 percentage points from 2022.
Hubbell Gross Margin 2022: 29.7%
In 2022, Hubbell reported gross margin of 29.74%, expanded 2.3 percentage points from 2021.
Hubbell Gross Margin 2021: 27.5%
Hubbell gross margin in 2021 was 27.46%.
See more financial history for Hubbell (HUBB).
Sector peers by Gross Margin
Industrials peers of Hubbell (HUBB), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
Hubbell (HUBB) Key Financials
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