Hubbell Return On Assets from 2010 to 2024

HUBB Stock  USD 445.58  6.79  1.50%   
Hubbell's Return On Assets are decreasing over the years with very volatile fluctuation. Overall, Return On Assets are expected to go to 0.11 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Hubbell earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.10989297
Current Value
0.11
Quarterly Volatility
0.0145544
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hubbell financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hubbell's main balance sheet or income statement drivers, such as Depreciation And Amortization of 157.2 M, Interest Expense of 22.3 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 3.45, Dividend Yield of 0.0132 or PTB Ratio of 6.43. Hubbell financial statements analysis is a perfect complement when working with Hubbell Valuation or Volatility modules.
  
Check out the analysis of Hubbell Correlation against competitors.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.

Latest Hubbell's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Hubbell over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Hubbell's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hubbell's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Hubbell Return On Assets Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.09
Coefficient Of Variation16.19
Mean Deviation0.01
Median0.09
Standard Deviation0.01
Sample Variance0.0002
Range0.0447
R-Value(0.03)
Mean Square Error0.0002
R-Squared0.0007
Significance0.93
Slope(0.000086)
Total Sum of Squares0

Hubbell Return On Assets History

2023 0.11
2021 0.0756
2020 0.0691
2019 0.0818
2018 0.0739
2017 0.0653
2016 0.0831

About Hubbell Financial Statements

Hubbell stakeholders use historical fundamental indicators, such as Hubbell's Return On Assets, to determine how well the company is positioned to perform in the future. Although Hubbell investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hubbell's assets and liabilities are reflected in the revenues and expenses on Hubbell's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hubbell. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.11  0.11 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hubbell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hubbell's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hubbell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hubbell Stock:
Check out the analysis of Hubbell Correlation against competitors.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hubbell. If investors know Hubbell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hubbell listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.095
Dividend Share
4.88
Earnings Share
13.9
Revenue Per Share
105.077
Quarterly Revenue Growth
0.049
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hubbell's market value can be influenced by many factors that don't directly affect Hubbell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.