Analysis of Geographic Areas
Hubbell Inc. operates in 2 regions: United States and International.
Area Profit Margin
Hubbell Inc., profit margin by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 13.19% | 11.54% | 12.34% | 12.64% | 11.83% |
| International | 26.88% | 24.12% | 17.44% | 16.70% | 17.89% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | United States | United States area profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
| International | International area profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Profit Margin: United States
Hubbell Inc.; United States; area profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Operating income | 598,500) | 439,600) | 476,200) | 529,700) | 478,000) |
| Net sales | 4,536,400) | 3,809,800) | 3,860,400) | 4,190,500) | 4,040,600) |
| Area Profitability Ratio | |||||
| Area profit margin1 | 13.19% | 11.54% | 12.34% | 12.64% | 11.83% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area profit margin = 100 × Operating income ÷ Net sales
= 100 × 598,500 ÷ 4,536,400 = 13.19%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | United States | United States area profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Area Profit Margin: International
Hubbell Inc.; International; area profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Operating income | 110,600) | 92,700) | 56,800) | 66,900) | 78,900) |
| Net sales | 411,500) | 384,300) | 325,600) | 400,500) | 441,100) |
| Area Profitability Ratio | |||||
| Area profit margin1 | 26.88% | 24.12% | 17.44% | 16.70% | 17.89% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area profit margin = 100 × Operating income ÷ Net sales
= 100 × 110,600 ÷ 411,500 = 26.88%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | International | International area profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Return on Assets (Area ROA)
Hubbell Inc., ROA by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 20.06% | 14.47% | 15.29% | 17.95% | 16.08% |
| International | 28.19% | 25.82% | 15.00% | 17.97% | 32.20% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | United States | United States area ROA deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
| International | International area ROA improved from 2020 to 2021 and from 2021 to 2022. |
Area ROA: United States
Hubbell Inc.; United States; area ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Operating income | 598,500) | 439,600) | 476,200) | 529,700) | 478,000) |
| Long-lived assets | 2,983,500) | 3,038,100) | 3,113,700) | 2,950,400) | 2,972,400) |
| Area Profitability Ratio | |||||
| Area ROA1 | 20.06% | 14.47% | 15.29% | 17.95% | 16.08% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area ROA = 100 × Operating income ÷ Long-lived assets
= 100 × 598,500 ÷ 2,983,500 = 20.06%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | United States | United States area ROA deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Area ROA: International
Hubbell Inc.; International; area ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Operating income | 110,600) | 92,700) | 56,800) | 66,900) | 78,900) |
| Long-lived assets | 392,300) | 359,000) | 378,700) | 372,200) | 245,000) |
| Area Profitability Ratio | |||||
| Area ROA1 | 28.19% | 25.82% | 15.00% | 17.97% | 32.20% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area ROA = 100 × Operating income ÷ Long-lived assets
= 100 × 110,600 ÷ 392,300 = 28.19%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | International | International area ROA improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover
Hubbell Inc., asset turnover by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 1.52 | 1.25 | 1.24 | 1.42 | 1.36 |
| International | 1.05 | 1.07 | 0.86 | 1.08 | 1.80 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
| International | International area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Area Asset Turnover: United States
Hubbell Inc.; United States; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Net sales | 4,536,400) | 3,809,800) | 3,860,400) | 4,190,500) | 4,040,600) |
| Long-lived assets | 2,983,500) | 3,038,100) | 3,113,700) | 2,950,400) | 2,972,400) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.52 | 1.25 | 1.24 | 1.42 | 1.36 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= 4,536,400 ÷ 2,983,500 = 1.52
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: International
Hubbell Inc.; International; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Net sales | 411,500) | 384,300) | 325,600) | 400,500) | 441,100) |
| Long-lived assets | 392,300) | 359,000) | 378,700) | 372,200) | 245,000) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.05 | 1.07 | 0.86 | 1.08 | 1.80 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= 411,500 ÷ 392,300 = 1.05
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | International | International area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Net sales
Hubbell Inc., net sales by geographic area
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 4,536,400) | 3,809,800) | 3,860,400) | 4,190,500) | 4,040,600) |
| International | 411,500) | 384,300) | 325,600) | 400,500) | 441,100) |
| Total | 4,947,900) | 4,194,100) | 4,186,000) | 4,591,000) | 4,481,700) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Operating income
Hubbell Inc., operating income by geographic area
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 598,500) | 439,600) | 476,200) | 529,700) | 478,000) |
| International | 110,600) | 92,700) | 56,800) | 66,900) | 78,900) |
| Total | 709,100) | 532,300) | 533,000) | 596,600) | 556,900) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Long-lived assets
Hubbell Inc., long-lived assets by geographic area
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 2,983,500) | 3,038,100) | 3,113,700) | 2,950,400) | 2,972,400) |
| International | 392,300) | 359,000) | 378,700) | 372,200) | 245,000) |
| Total | 3,375,800) | 3,397,100) | 3,492,400) | 3,322,600) | 3,217,400) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).