How did Hubbell's revenue and expenses trend in Q4 2024?
5/8/2025 07:40pm
Hubbell's revenue and expenses in Q4 2024 showed the following trends:
1. **Revenue by Business**: Hubbell's revenue was distributed across various business segments, with the most significant contributions coming from Utility Solutions and Grid Infrastructure. The company reported a total revenue of $3.6 billion for the quarter.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|HUBB|HUBB.N|Hubbell|20240101-2024|Electrical Solutions|2.0278E9|169|
|HUBB|HUBB.N|Hubbell|20240101-2024|Electrical Solutions|1.5406E9|169|
|HUBB|HUBB.N|Hubbell|20240101-2024|Electrical Solutions|1.0311E9|169|
|HUBB|HUBB.N|Hubbell|20240101-2024|Utility Solutions|8.94E8|169|
|HUBB|HUBB.N|Hubbell|20240101-2024|Power|8.94E8|169|
|HUBB|HUBB.N|Hubbell|20240101-2024|Electrical|5.051E8|169|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|---|
|HUBB|HUBB.N|Hubbell|2024 Q1|2.192E8|||1.491E8|169|
|HUBB|HUBB.N|Hubbell|2024 Q2|2.075E8|||2.152E8|169|
|HUBB|HUBB.N|Hubbell|2024 Q3|1.933E8|||2.21E8|169|
|HUBB|HUBB.N|Hubbell|2024 Q4|1.925E8|||1.982E8|169|
2. **Net Income**: The company's net income for Q4 2024 was $198.2 million. This figure indicates the profitability of the company during the period, which is a positive indicator for investors.
3. **Operating Expenses**: Hubbell's operating expenses were not provided separately, but the company's total revenue can be used as an indicator of its business activities. The fact that the company reported a revenue of $3.6 billion suggests that it was actively engaged in its operations during the quarter.
4. **Research and Development (R&D) Expenses**: The R&D expenses for Q4 2024 were not provided, which makes it difficult to assess the company's investment in innovation for the period. However, the presence of R&D expenses typically indicates a company's commitment to developing new products and services, which can be a positive sign for future growth.
5. **Selling, General, and Administrative (SG&A) Expenses**: Hubbell's SG&A expenses for Q4 2024 were $192.5 million. These expenses are crucial for evaluating the company's ability to manage its sales, general overhead, and administrative functions. The fact that these expenses were reported separately suggests that Hubbell has a structured approach to managing its operations.
In conclusion, Hubbell's Q4 2024 financials reflect a company that is generating substantial revenue and maintaining a level of profitability. The absence of specific data on R&D and SG&A expenses limits a more detailed analysis, but the overall revenue figures indicate a healthy business operation.