| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 35 | 27.2x | 17.8x | Bottom tier | |
Growth | 65 | 10.6% | 7.1% | Around median | |
Quality | 75 | 13.4% | 4.5% | Top tier | |
Safety | 46 | 3.5x | 2.6x | Around median | |
Capital Return | 32 | 1.17% | 2.12% | Bottom tier | |
Momentum | 50 | 18.8% | 2.9% | Around median | |
Sentiment | 75 | 9 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Hubbell Incorporated operates in the market for critical electrical components and solutions through two main segments: Utility Solutions and Electrical Solutions. The Utility Solutions segment serves investment in electric transmission and distribution grids, including grid infrastructure, automation, protection and control, substations, and metering, while the Electrical Solutions segment benefits from demand in data centers, non-residential facilities, light industrial applications, connectivity and grounding products, and network infrastructure. The company relies on selling high-criticality products where the cost of downtime is substantial, while expanding production capacity and developing products such as pin and sleeve devices designed for 800-volt architecture, PCX solutions, and DMC Power connectors.
In Q2 of fiscal year 2026, sales increased 15% year over year to $1.712 billion, including 10% organic growth and a 5-percentage-point contribution from acquisitions. Adjusted operating profit reached $409 million, up 13%, and the adjusted operating margin reached 23.9%, with slight contraction from the year-earlier period, while adjusted diluted earnings per share increased 12% to $5.52. For comparison with the latest available EDGAR data, Q1 of fiscal year 2026 recorded revenue of $1.5 billion, gross profit of $505.3 million, net income of $181.8 million, and earnings per share of $3.41.
The Utility Solutions segment accounted for approximately 60% of Q2 fiscal year 2026 sales, with revenue of $1.026 billion, growth of 10%, and adjusted operating profit of $263 million, while the Electrical Solutions segment accounted for approximately 40%, with revenue of $686 million, growth of 25%, and adjusted operating profit of $146 million. Utility Solutions grew organically by 6%, compared with 18% for Electrical Solutions, driven by an approximately 65% surge in data center sales. The adjusted Utility Solutions margin was approximately 25.6%, while the Electrical Solutions margin was 21.2%, down 130 basis points year over year.
The analyst consensus on HUB is Neutral, with an average price target of $546.60 and a target range of $503 to $600. The average target is approximately 3.3% below the 52-week range high of $565.4999, while the highest target exceeds that high; this divergence reflects the balance between data center and utility growth and raised guidance, versus higher leverage and pressure on the Electrical Solutions margin.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
Hubbell's sales increased 15% to $1.712 billion, supported by 10% organic growth and a 5-percentage-point contribution from acquisitions. The acceleration came primarily from electric distribution and data centers, where sales increased approximately 65%. DMC Power and a partial month of NSI contributed to acquisition growth, while higher volumes increased adjusted operating profit by 13% to $409 million.
The Utility Solutions segment generated revenue of $1.026 billion in Q2 of fiscal year 2026, up 10%, and adjusted operating profit of $263 million. The Electrical Solutions segment generated revenue of $686 million, up 25%, and adjusted operating profit of $146 million. Organic growth was 6% in Utility Solutions and 18% in Electrical Solutions, but the Electrical Solutions segment margin declined 130 basis points to 21.2%.
Management expects total sales growth of between 16% and 18% and organic growth of between 9% and 11% in fiscal year 2026. It expects organic growth of between 7% and 9% for Utility Solutions and between 12% and 14% for Electrical Solutions, with data center sales growth of approximately 50%. It also targets an adjusted operating margin of between 23.1% and 23.4% and adjusted earnings per share of between $20.25 and $20.55.
Automated analysis for informational purposes only — not investment advice.
Hubbell closed the NSI acquisition in early June 2026 for $3 billion, and NSI contributed $35 million in sales during the remainder of the month. Management expects an addition of approximately $0.20 to adjusted earnings per share in fiscal year 2026 and approximately $0.80 in fiscal year 2027. Over three years, the company targets sales synergies of between 2% and 3% and cost synergies of between 3% and 5%, but pro forma leverage increased to approximately 2.9 times net debt to earnings before interest, taxes, depreciation, and amortization.
Data center sales increased approximately 65% in Q2 of fiscal year 2026, supported by production capacity, new products, and increased project content. In Utility Solutions, the orders-to-sales ratio was approximately 1.2 times during the first half, and transmission and substation orders began extending into fiscal year 2027. The volume of transmission and substation project quotations also approximately doubled over two years, and the company expects the $1.5 billion high-voltage opportunity over ten years to add approximately one point of annual growth over several years.
The foremost risk is the increase in debt following the financing of the NSI acquisition, with expected net interest expense of $170 million in fiscal year 2026 and a plan to reduce leverage over 24–30 months. The Electrical Solutions margin also declined 130 basis points in Q2, while restructuring expenses, inflation, and tariffs continue to pressure profitability. Cash flow remains constrained by expected capital expenditures of between $175 million and $190 million and a cash conversion rate of approximately 90%, while analysts maintain a Neutral consensus and a wide target range of $503 to $600.
