Hubbell Inc. (HUBB) intrinsic value & 10-year financials

Hubbell Inc. (HUBB) has a Graham intrinsic value of $510.00 per share. At $461.10 on Oct 17, 2026, the stock trades 10% below that value. Over the last 10 fiscal years revenue grew 5.8% a year to $5.8B, with an average return on invested capital of 15.5%.

Graham intrinsic value
$510.00
Share price (Oct 17, 2026)
$461.10
Price vs Graham value
10% below
Market cap
$24.7B
Revenue (FY2025)
$5.8B
Revenue growth (10-yr CAGR)
5.8%
ROIC (10-yr avg)
15.5%
Free cash flow (FY2025)
$874.7M

HUBB 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $5.8B $887.1M $16.54 $874.7M 20.7% 18.4%
FY2024 $5.6B $777.8M $14.37 $810.8M 19.4% 18.2%
FY2023 $5.4B $759.8M $14.05 $715.1M 19.3% 19.8%
FY2022 $4.9B $545.9M $10.07 $506.9M 14.3% 16.4%
FY2021 $4.2B $399.5M $7.28 $423.5M 12.7% 12.6%
FY2020 $4.2B $351.2M $6.43 $559.6M 12.7% 12.2%
FY2019 $4.6B $400.9M $7.31 $497.7M 13.0% 13.8%
FY2018 $4.5B $360.2M $6.54 $420.9M 12.4% 15.4%
FY2017 $3.7B $243.1M $4.39 $299.3M 13.7% 12.6%
FY2016 $3.5B $293.0M $5.24 $331.0M 13.6% 15.3%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Hubbell Incorporated has demonstrated mature, steady growth, with revenue compounding at 5.8% annually over the past decade.

Hubbell Incorporated has earned high returns on invested capital, averaging 15.5% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

Over the decade, Hubbell Incorporated shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Hubbell Incorporated is modeled at 13.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $510.00 per share.

HUBB stock: frequently asked questions

What is the intrinsic value of Hubbell Inc. (HUBB) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 13.6% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, HUBB's intrinsic value is about $510.00 per share.

Is HUBB stock undervalued?

At $461.10 (close on Oct 17, 2026), HUBB trades 10% below its Graham value of $510.00. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has Hubbell Inc. grown?

Revenue went from $3.5B in fiscal 2016 to $5.8B in fiscal 2025, a compound annual growth rate of 5.8%. Net income was $887.1M in fiscal 2025.

Does Hubbell Inc. generate free cash flow?

Hubbell Inc. generated $874.7M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 10 of the last 10 reported years.

What is HUBB's return on invested capital?

Average ROIC over the last 10 fiscal years was 15.5%, and average return on equity was 21.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this HUBB data come from?

From Hubbell Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jul 29, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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