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Mar 31

Hubbell Q1 2025 Earnings Report

Hubbell reported strong earnings despite modest revenue decline and inflationary pressures.

Key Takeaways

Hubbell delivered solid Q1 2025 performance, with EPS and net income increasing year-over-year, supported by growth in the Electrical Solutions segment and resilience in Grid Infrastructure, though Grid Automation softness and cost inflation impacted results.

EPS rose to $3.15, with adjusted EPS at $3.50.

Net income grew to $169.7 million, up from $147.8 million YoY.

Revenue declined slightly to $1.365 billion from $1.399 billion YoY.

Electrical Solutions saw 5% organic sales growth, led by datacenter demand.

Total Revenue
$1.37B
Previous year: $1.4B
-2.4%
EPS
$3.5
Previous year: $3.6
-2.8%
Organic Sales Growth
-0.6%
Previous year: 2.3%
-126.1%
Price/Cost Impact
-$1
Gross Profit
$451M
Previous year: $452M
-0.2%
Cash and Equivalents
$347M
Previous year: $388M
-10.6%
Free Cash Flow
$11.4M
Previous year: $52M
-78.1%
Total Assets
$6.92B
Previous year: $6.86B
+0.9%

Hubbell

Hubbell

Hubbell Revenue by Segment

Forward Guidance

Hubbell reaffirmed strong EPS guidance and anticipates organic growth driven by electrification and grid modernization tailwinds.

Positive Outlook

  • 2025 adjusted EPS guidance maintained at $17.35–$17.85.
  • Expected full-year sales growth of 6–8%.
  • Price actions to help offset inflation.
  • Strong order activity across Grid Infrastructure.
  • End market tailwinds from electrification and grid modernization.

Challenges Ahead

  • Ongoing cost inflation, including raw materials and tariffs.
  • Grid Automation sales declined double digits in Q1.
  • Reduced cash flow versus prior year.
  • Potential macroeconomic uncertainty and rate environment.
  • Challenges integrating recent acquisitions could impact synergies.

Revenue & Expenses

Visualization of income flow from segment revenue to net income