Hubbell Inc.
Hubbell Q2 2025 Results: Double Digit Adjusted EPS Growth Despite Inventory Accounting Change
Summary
Hubbell Incorporated reported second quarter 2025 results on July 29, 2025, showing double-digit growth in adjusted earnings per share (EPS) to $4.93, up from $4.44 in Q2 2024. Net sales increased by 2% to $1,484.3 million, and adjusted operating margin improved to 24.4%. The company changed its inventory accounting method from LIFO to FIFO, resulting in a $29 million decrease in cost of goods sold for Q2 2025. Hubbell also raised its 2025 adjusted EPS outlook to $17.65-$18.15, anticipating mid-single-digit organic growth and continued margin expansion.
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About Hubbell Inc.
Hubbell Inc. is a prominent manufacturer of electrical and electronic products globally. The company primarily focuses on designing, manufacturing, and selling quality electrical and utility solutions that play a crucial role in improving overall infrastructure efficiency and safety. Hubbell's extensive product range includes lighting fixtures, wiring devices, power distribution units, and other electrical components vital for residential, commercial, and industrial applications. Serving sectors like construction, energy, utility, and telecommunications, its products facilitate essential electrical and power connections and controls across various infrastructure projects. Founded in 1888, Hubbell has a rich history of innovation and adaptability, positioning itself as a significant player in enhancing operational reliability and connectivity in the markets it serves. With a commitment to meeting the evolving needs of a forward-moving society, Hubbell Inc. continues to influence the development and modernization of critical infrastructure systems around the world, underscoring its importance in the global market.
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