HUBBELL INC
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
HUBB$441.57+2.8%Stored close · as of Nov 9, 2026
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Consolidated Statement of Comprehensive Income
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions) | 2024 | 2023 | 2022 |
| Net income | $783.5 | $766.0 | $551.4 |
| Other comprehensive (loss) income: | |||
| Currency translation adjustment: | |||
| Foreign currency translation adjustments | (60.3) | 22.9 | (27.9) |
| Reclassification of currency translation gains included in net income | — | — | 0.5 |
| Defined benefit pension and post-retirement plans, net of taxes of $4.6, $(4.2) and $(4.8) | (15.0) | 10.2 | 14.2 |
| Unrealized gain (loss) on investments, net of taxes of $0.0, $(0.2) and $0.4 | (0.1) | 0.6 | (1.4) |
| Unrealized gains (losses) on cash flow hedges, net of taxes of $(0.6), $0.4 and $(0.1) | 1.3 | (0.9) | 0.2 |
| Other comprehensive (loss) income | (74.1) | 32.8 | (14.4) |
| Comprehensive income | 709.4 | 798.8 | 537.0 |
| Less: Comprehensive income attributable to noncontrolling interest | 5.7 | 6.2 | 5.5 |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO HUBBELL | $703.7 | $792.6 | $531.5 |
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