HUBBELL INC

For the period ended Mar 31, 2025. Filed May 2, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 2, 2025

HUBB$441.57+2.8%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

Condensed Consolidated Balance Sheets (unaudited)

(in millions)	March 31, 2025	December 31, 2024
ASSETS
Current Assets
Cash and cash equivalents	$346.9	$329.1
Short-term investments	13.4	15.9
Accounts receivable (net of allowances of $12.1 and $11.3)	902.0	756.0
Inventories, net	848.7	841.8
Other current assets	150.8	146.5
Total Current Assets	2,261.8	2,089.3
Property, Plant, and Equipment, net	734.4	726.6
Other Assets
Investments	86.9	84.9
Goodwill	2,548.8	2,500.8
Other intangible assets, net	1,090.8	1,080.0
Other long-term assets	199.4	197.5
TOTAL ASSETS	$6,922.1	$6,679.1
LIABILITIES AND EQUITY
Current Liabilities
Short-term debt and current portion of long-term debt	$816.1	$125.4
Accounts payable	545.8	541.7
Accrued salaries, wages and employee benefits	71.2	145.7
Accrued insurance	83.9	89.0
Other accrued liabilities	421.3	372.4
Total Current Liabilities	1,938.3	1,274.2
Long-Term Debt	1,044.0	1,442.7
Other Non-Current Liabilities	667.6	679.5
TOTAL LIABILITIES	3,649.9	3,396.4
Commitments and contingencies (Note 15)
Hubbell Incorporated Shareholders’ Equity	3,261.4	3,268.3
Noncontrolling interest	10.8	14.4
TOTAL EQUITY	3,272.2	3,282.7
TOTAL LIABILITIES AND EQUITY	$6,922.1	$6,679.1

HUBBELL INCORPORATED-Form 10-Q 5

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.