HUBB Hubbell Inc Common Stock
About Hubbell Inc Common Stock Company overview from Wikipedia
Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.
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Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.
The company is ranked 651st on the Fortune 500 list of the largest United States corporations by total revenue.
The company operates two segments: the utility solutions segment, which produces items such as arresters, insulators, connectors, anchors, bushings, enclosures, cutoffs and switches and the electrical solutions segment, which produces application wiring device products, rough-in electrical products, connector and grounding products, and lighting fixtures, as well as other electrical equipment.
Hubbell has manufacturing facilities in the United States, Canada, Switzerland, Puerto Rico, Mexico, China, Italy, the United Kingdom, Brazil and Australia and maintains sales offices in Singapore, China, India, Mexico, South Korea, and countries in the Middle East.
## History
Hubbell Incorporated was founded as a proprietorship in 1888 by Harvey Hubbell II. Born in Connecticut in 1857, he was a U.S. inventor, entrepreneur, and industrialist. Hubbell's best-known inventions are the U.S. electrical plug and the pull-chain light socket. Hubbell graduated from high school and began working for companies manufacturing marine engines and printing machinery. During this time, he accumulated several ideas for new inventions, and in 1888, he set out on his own, opening a small manufacturing facility in Bridgeport, Connecticut. Hubbell's first product was taken from his own patent for a paper roll holder with a toothed blade for use in stores that sold wrapping paper. This cutter stand became a tremendous success; it was a common feature of retail stores that used wrapping paper in the early 1900s and remained widely used into the late 20th century.
Soon, Hubbell discovered that he had to design machinery to make its parts. One of the first was a tapping machine, as was its patent. Around 1896, with his business in machinery progressing, Hubbell's next patent was a major breakthrough in the fastener industry: the process and machinery for cold rolled screw threads which reduced the rate of material lost in production by more than 50%. He designed and built progressive blanking and forming dies, patented machinery to slot screw heads, a machine to assemble screws and small parts, devised tools to indicate speed, and patented a changeable speed screwdriver. Hubbell's idea was to provide convenience, safety, and control to an electric light with his new "pull socket" which was patented in August 1896. The same familiar device with its on/off pull chain is still in use today. Hubbell built three prototypes by hand using metal and insulated wood parts to design a product with individual wires permanently attached in the proper sequence and correct polarity, and one which could be connected or disconnected, easily and safely, to a power supply in the wall. Cartridge fuses and fuse block, lamp holders, key sockets, soon followed the same path Later, Hubbell's "separable plug" design took shape on the drawing board back in Bridgeport, and then submitted to the patent office in Washington, D.C. Additional designs based on that basic concept separable plugs in different configurations, a single flush mounted receptacle as well as new products for electrical circuits. One of the most successful and familiar today, was the duplex receptacle which is still found everywhere that electrical power is used.
In 1901, Hubbell published a 12-page catalogue that listed 63 electrical products of his company's manufacture, and four years later he incorporated his enterprise as Harvey Hubbell, Incorporated. In the same year, the company registered its trademark of "...a sphere with meridian lines and the name 'Hubbell' centered within". Hubbell's pace of new ideas and product design did not falter. In 1909, the company began constructing a four-floor factory and office building that would become the first building in New England made of reinforced concrete.
Between 1896 and 1909, he was granted 45 patents on a wide variety of electrical products company's product lines had been continuously expanded. Catalogue No. 17 was published in March 1917. The catalogue had more than 100 pages and listed more than a thousand products. In bulb sockets alone, the company manufactured 277 different types and sizes. Hubbell's toggle action light switch which incorporated a "quick make or break" feature to meet the rigid requirements of Underwriters' Laboratories (UL) was replacing the former two button type push switch. Hubbell designed a "Loxin" mechanism which fit into any standard socket and locked the bulb in place. Falling lightbulbs no longer endangered streetcar passengers, and overly thrifty commuters had to find a new source of replacement bulbs for home use. For the home, the company developed a system for lighting fixture connections called "Elexit" which allowed the homeowner to install most fixtures without hiring an electrician.
Company's first era ended when its founder Harvey Hubbell II died on December 17, 1927. He was succeeded as president of the company by his son, Harvey Hubbell III. Twenty-six years old when he succeeded his father, Harvey Hubbell III had already spent years working in the business. That early experience with electrical equipment engineering and learning the discipline of production was to stand the company in good stead in the decades to come.
Harvey Hubbell III soon showed that he had inherited his father's twin acumen for product innovation and business development. In product innovation, he devised the company's lines of Twist-Lock industrial connectors with new 2-, 3-, and 4-wire devices of various ratings, designed a whole new series of locking connectors for industrial use which he named "Hubbellock", and introduced heavy-duty, circuit-breaking devices. The company played a large part in the war effort by meeting the demand for electrical components and systems to power the nation's industries and by developing products for the special applications needed by the military. These included components for military vehicle electrical circuits, battery-charging systems for M-4 tanks, power jacks for test meters, vacuum tube sockets for radio communications, and a line of electrical and electronic connectors for aircraft. The company's years of experience in building devices reliable enough for industrial use was a valuable asset in the production of products that could perform under rugged battlefield conditions. A second plant was opened in Lexington, Kentucky, in order to meet the demand and as a safety measure since the main plant in Bridgeport was considered vulnerable to air or sea attack.
Hubbell Inc. assisted Allied efforts during World War II by manufacturing military vehicle electrical circuits, battery-charging systems for M4 Sherman tanks, power jacks for test meters, vacuum tube sockets for radio communications, and a line of electrical and electronic connectors for aircraft.
Hubbell had been one of the first to manufacture flush toggle switches for alternating current only. The first Safety Receptacle was designed and produced as were the original "grounding only" devices which helped to set the standards for the industry. And while Hubbell was busy on land, the company found new opportunities at sea. In 1952, the ocean liner "SS United States" was launched in Newport News, Virginia. Queen of the seas for many years, the ship was completely fitted with Hubbell wiring devices designed expressly for narrow stateroom partitions and to withstand the effects of salt air. An ardent yachtsman himself, Harvey Hubbell III designed a complete family of corrosion resistant devices including both on-board and dockside equipment for the expanding pleasure boat industry. Familiar sights at marinas today, these first products were so successful that alternative designs were produced for many industrial applications where corrosive atmospheres and materials posed challenges for standard wiring devices.
The company's sales in new products and continuing lines increased proportionately to these successes, but more was to come as Harvey Hubbell Incorporated added diversification. Beginning in 1960, the company entered a new period of rapidly expanding growth in both sales and income. Much of the growth resulted from the company's internal product development, a longstanding Hubbell tradition, and a source that expanded under the industry leadership of Harvey Hubbell III and other Hubbell engineers. A second source of growth through acquisition, from 1960 onwards to now, Hubbell Incorporated has acquired many companies working for power, electric, lighting sectors. Hubbell Incorporated has grown to be an international manufacturer of electrical and electronic products for a broad range of non-residential and residential construction, industrial, and utility applications.
In 2010, the company moved its headquarters from Orange, Connecticut to Shelton, Connecticut.
In October 2021, Hubbell announced an agreement to sell its Commercial and Industrial Lighting business to GE Current, a Daintree company (now Current Lighting Solutions). The agreement did not include Bell, Chalmit Lighting, Killark, or Progress Lighting (which all make lighting products).
In the first quarter of 2024, Hubbell completed the sale of Progress Lighting. In 2023, Progress Lighting had revenue of $187.1 million (Hubbell Lighting had revenue of $515 million in 2022) and the sale amounted to $131 million.
In March 2024, Hubbell was named one of Ethisphere Institute's World's Most Ethical Companies of the Year for the fourth time. In 2024, 136 honourees from 20 countries and 44 industries were recognised.
=== Acquisitions ===
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
HUBB Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
HUBB Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| May 29, 2026 | $1.4200 |
| Feb. 27, 2026 | $1.4200 |
| Nov. 28, 2025 | $1.4200 |
| Aug. 29, 2025 | $1.3200 |
| May 30, 2025 | $1.3200 |
| Feb. 28, 2025 | $1.3200 |
| Nov. 29, 2024 | $1.3200 |
| Aug. 30, 2024 | $1.2200 |
| May 31, 2024 | $1.2200 |
| Feb. 28, 2024 | $1.2200 |
| Nov. 29, 2023 | $1.2200 |
| Aug. 30, 2023 | $1.1200 |
| May 30, 2023 | $1.1200 |
| Feb. 27, 2023 | $1.1200 |
| Nov. 29, 2022 | $1.1200 |
| Aug. 30, 2022 | $1.0500 |
| May 27, 2022 | $1.0500 |
| Feb. 25, 2022 | $1.0500 |
| Nov. 29, 2021 | $1.0500 |
| Aug. 30, 2021 | $0.9800 |
HUBB Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 4 20.0%
- Buy 8 40.0%
- Hold 8 40.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
10 analysts · 2026-08-22Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $5.52 | $5.49 | 0.03% |
| March 31, 2026 | $3.93 | $3.96 | -0.03% |
| Dec. 31, 2025 | $4.73 | $4.80 | -0.07% |
| Sept. 30, 2025 | $5.17 | $5.08 | 0.09% |
| June 30, 2025 | $4.93 | $4.50 | 0.43% |
| March 31, 2025 | $3.50 | $3.80 | -0.30% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| HUBB | $23.65B | 26.9 | 3.8% | 15.2% | 24.5% | 35.3% |
| VRT | $61.98B | 47.5 | 27.7% | 13.0% | 37.7% | — |
| EMR | $73.83B | 32.5 | 3.0% | 12.7% | 10.9% | 52.8% |
| AME | $47.02B | 32.1 | 6.6% | 20.0% | 14.6% | — |
| ROK | $39.29B | 45.6 | 0.94% | 10.4% | 24.3% | 48.1% |
| NXT | — | 31.4 | 20.3% | 16.5% | 27.1% | 32.6% |
| GNRC | — | 50.7 | -2.0% | 3.8% | 6.2% | 38.3% |
| RRX | $9.32B | 33.4 | -1.7% | 4.7% | 4.3% | 37.4% |
| VICR | — | 42.0 | 26.1% | 26.2% | 18.5% | 57.3% |
| AYI | $10.02B | 26.1 | 13.1% | 9.1% | 15.1% | 47.8% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.84B | $5.63B | $5.37B | $4.95B | $4.19B | $3.68B | $3.95B | $4.48B | $3.67B | $3.51B | $3.39B | $3.36B | |
| Cost of Revenue | $3.78B | $3.72B | $3.50B | $3.48B | $3.04B | $2.60B | $2.77B | $3.18B | $2.51B | $2.40B | $2.30B | $2.25B | |
| Gross Profit | $2.06B | $1.91B | $1.88B | $1.47B | $1.15B | $1.09B | $1.17B | $1.30B | $1.16B | $1.11B | $1.09B | $1.11B | |
| SG&A Expense | $855M | $812M | $850M | $762M | $619M | $591M | $645M | $744M | $636M | $615M | $617M | $592M | |
| Operating Income | $1.21B | $1.09B | $1.03B | $709M | $532M | $494M | $527M | $557M | $519M | $490M | $475M | $517M | |
| Interest Expense | · | · | · | · | · | $60M | $69M | $72M | $45M | $43M | $31M | $31M | |
| Other Non-op | $-25M | $-7M | $-18M | $4M | $5M | $-2M | $-12M | $-18M | $-22M | $-16M | $-26M | $-2M | |
| Pretax Income | $1.12B | $1.01B | $972M | $657M | $459M | $424M | $469M | $467M | $443M | $430M | $419M | $486M | |
| Income Tax | $227M | $222M | $215M | $140M | $88M | $90M | $101M | $101M | $193M | $133M | $136M | $158M | |
| Net Income | $887M | $779M | $751M | $546M | $400M | $351M | $401M | $360M | $243M | $293M | $277M | $325M | |
| EPS (Basic) | $16.63 | $14.49 | $13.98 | $10.13 | $7.33 | $6.46 | $7.35 | $6.57 | $4.42 | $5.26 | $4.79 | $5.51 | |
| EPS (Diluted) | $16.54 | $14.39 | $13.89 | $10.07 | $7.28 | $6.43 | $7.31 | $6.54 | $4.39 | $5.24 | $4.77 | $5.48 | |
| Shares (Basic) | 53,200,000 | 53,700,000 | 53,600,000 | 53,700,000 | 54,300,000 | 54,200,000 | 54,400,000 | 54,600,000 | 54,800,000 | 55,500,000 | 57,700,000 | 58,800,000 | |
| Shares (Diluted) | 53,500,000 | 54,000,000 | 54,000,000 | 54,100,000 | 54,700,000 | 54,500,000 | 54,700,000 | 54,900,000 | 55,100,000 | 55,700,000 | 58,000,000 | 59,200,000 | |
| EBITDA | $1.41B | $1.30B | $1.19B | $858M | $681M | $691M | $748M | $705M | $604M | $570M | $560M | $597M |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $482M | $329M | $336M | $440M | $286M | $259M | $182M | $189M | $375M | $438M | $344M | $654M | |
| Short-term Investments | $15M | $16M | $13M | $14M | $9M | $9M | $14M | $9M | $14M | $11M | $12M | $8M | |
| Receivables | $857M | $756M | $785M | $742M | $675M | $553M | $683M | $725M | $540M | $530M | $467M | $470M | |
| Inventory | $1.08B | $1.01B | $833M | $741M | $662M | $527M | $633M | $651M | $635M | $532M | $540M | $442M | |
| Other Current Assets | $155M | $146M | $130M | $84M | $67M | $72M | $62M | $69M | $40M | $40M | $26M | · | |
| Current Assets | $2.59B | $2.26B | $2.17B | $2.02B | $1.88B | $1.59B | $1.57B | $1.64B | $1.60B | $1.55B | $1.39B | $1.63B | |
| PP&E (Net) | $841M | $727M | $653M | $528M | $460M | $439M | $505M | $502M | $458M | $440M | $420M | $401M | |
| PP&E (Gross) | $1.68B | $1.53B | $1.41B | $1.25B | $1.15B | $1.11B | $1.25B | $1.23B | $1.16B | $1.13B | $1.10B | $1.06B | |
| Accum. Depreciation | $836M | $803M | $756M | $719M | $694M | $669M | $749M | $727M | $704M | $694M | $681M | $656M | |
| Goodwill | $3.06B | $2.50B | $2.53B | $1.97B | $1.87B | $1.87B | $1.76B | $1.78B | $1.09B | $991M | $928M | $875M | |
| Intangibles | $1.39B | $1.08B | $1.20B | $670M | $682M | $771M | $782M | $820M | $460M | $432M | $372M | $323M | |
| Other Non-current Assets | $240M | $198M | $197M | $147M | $144M | $160M | $175M | $66M | $51M | $55M | $51M | $48M | |
| Total Assets | $8.23B | $6.85B | $7.08B | $5.40B | $5.28B | $5.09B | $4.90B | $4.87B | $3.72B | $3.52B | $3.21B | $3.32B | |
| Accounts Payable | $570M | $542M | $564M | $530M | $533M | $339M | $348M | $394M | $326M | $292M | $290M | $244M | |
| Accrued Liabilities | $451M | $372M | $365M | $334M | $263M | $225M | $262M | $227M | $175M | $156M | $140M | $130M | |
| Short-term Debt | $287M | $123M | $100M | $0 | $0 | $150M | $26M | $26M | $68M | $3M | $48M | $1M | |
| Current Liabilities | $1.51B | $1.27B | $1.32B | $1.09B | $1.07B | $948M | $845M | $839M | $706M | $590M | $603M | $499M | |
| Capital Leases | $121M | $117M | $119M | $85M | $58M | $72M | $72M | · | · | · | · | · | |
| Deferred Tax | $420M | $277M | $240M | $114M | $115M | $127M | $127M | $120M | $24M | · | · | · | |
| Other Non-current Liabilities | $406M | $720M | $661M | $506M | $521M | $597M | $115M | $117M | $118M | $68M | $50M | $54M | |
| Total Liabilities | $4.37B | $3.44B | $4.02B | $3.03B | $3.04B | $3.00B | $2.94B | $3.07B | $2.07B | $1.92B | $1.46B | $1.38B | |
| Long-term Debt | · | $1.44B | $2.04B | · | · | $1.44B | $1.54B | $1.76B | · | · | $596M | · | |
| Total Debt | $2.32B | $1.57B | $2.14B | $1.44B | $1.44B | $1.59B | $1.57B | $1.82B | $1.06B | $994M | $644M | $599M | |
| Common Stock | · | · | · | · | · | · | · | · | $600.0K | $600.0K | $600.0K | · | |
| Retained Earnings | $4.16B | $3.78B | $3.18B | $2.71B | $2.56B | $2.39B | $2.28B | $2.06B | $1.89B | $1.88B | $1.89B | $1.94B | |
| AOCI | $-315M | $-386M | $-312M | $-345M | $-331M | $-329M | $-333M | $-286M | $-270M | $-302M | $-224M | $-164M | |
| Stockholders' Equity | $3.85B | $3.40B | $2.88B | $2.36B | $2.23B | $2.07B | $1.95B | $1.78B | $1.63B | $1.59B | $1.74B | $1.93B | |
| Liabilities + Equity | $8.23B | $6.85B | $6.91B | $5.40B | $5.28B | $5.09B | $4.90B | $4.87B | $3.72B | $3.52B | $3.21B | $3.32B | |
| Shares Outstanding | 53,253,805 | 53,759,976 | 53,730,000 | 53,689,000 | 54,518,000 | 54,383,000 | 54,514,000 | 54,715,000 | 54,882,000 | 55,532,000 | 57,837,000 | 0 |
Cash Flow 19
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $206M | $212M | $150M | $148M | $149M | $144M | $138M | $148M | $98M | $91M | $85M | $79M | |
| Stock-based Comp | $33M | $31M | $26M | $24M | $18M | $22M | $14M | $24M | $22M | $22M | $17M | $16M | |
| Deferred Tax | $11M | $2M | $-19M | $-28M | $9M | $1M | $4M | $49M | $-14M | $13M | $-5M | $30M | |
| Amort. of Intangibles | $104M | $117M | $74M | $76M | $76M | $72M | $69M | $69M | $35M | $32M | $28M | $24M | |
| Restructuring | $12M | $13M | $5M | $10M | $4M | $20M | $29M | $12M | $20M | $35M | $24M | $5M | |
| Other Non-cash | $-107M | $-31M | $-39M | $-55M | $-62M | $112M | $17M | $-65M | $28M | $-22M | $-43M | $-60M | |
| Operating Cash Flow | $1.03B | $991M | $881M | $636M | $514M | $603M | $517M | $517M | $379M | $411M | $339M | $392M | |
| CapEx | $155M | $180M | $166M | $129M | $90M | $83M | $87M | $96M | $80M | $67M | $77M | $60M | |
| Investing Cash Flow | $-1.09B | $-59M | $-1.38B | · | · | $-329M | $-129M | $-1.20B | $-246M | $-230M | $-250M | $-243M | |
| Debt Issued | $1.00B | $0 | $600M | $0 | $299M | $225M | $0 | $948M | $298M | $397M | $0 | $0 | |
| Net Debt Issued | $1.00B | $-600M | $600M | $0 | $-1M | $-106M | $-225M | $779M | $-2M | $397M | · | · | |
| Stock Repurchased | $225M | $40M | $30M | $182M | $11M | $41M | $35M | $40M | $92M | $247M | $79M | $106M | |
| Net Stock Activity | $-225M | $-40M | $-30M | $-182M | $-11M | $-41M | $-35M | $-40M | $-92M | $-247M | $-79M | $-106M | |
| Dividends Paid | · | · | · | · | · | $201M | $187M | $172M | $158M | $144M | $134M | $121M | |
| Financing Cash Flow | $204M | $-923M | $388M | $-437M | $-433M | $-244M | $-471M | $506M | $-214M | $-59M | $-379M | $-216M | |
| Net Change in Cash | $153M | $-8M | $-104M | $154M | $30M | $78M | $-7M | $-186M | $-63M | $94M | $-310M | $-87M | |
| Taxes Paid | $214M | $225M | $215M | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $875M | $811M | $715M | $507M | $424M | $560M | $498M | $421M | $299M | $331M | $254M | $331M | |
| Levered FCF | · | · | · | · | · | $512M | $443M | $364M | $274M | $301M | $233M | $310M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.3% | 33.8% | 35.1% | 29.7% | 27.5% | 28.9% | 29.5% | 29.0% | 31.4% | 31.4% | 32.2% | 33.0% | |
| Operating Margin | 20.7% | 19.4% | 19.3% | 14.3% | 12.7% | 12.7% | 13.0% | 12.4% | 13.7% | 13.6% | 14.0% | 15.4% | |
| Net Margin | 15.2% | 13.8% | 14.1% | 11.0% | 9.5% | 8.4% | 8.7% | 8.0% | 6.6% | 8.4% | 8.2% | 9.7% | |
| Pretax Margin | 19.1% | 17.9% | 18.3% | 13.3% | 10.9% | 10.8% | 11.3% | 10.4% | 12.1% | 12.3% | 12.3% | 14.4% | |
| EBITDA Margin | 24.2% | 23.2% | 22.1% | 17.3% | 16.2% | 16.5% | 16.3% | 15.7% | 16.4% | 16.3% | 16.5% | 17.8% | |
| ROA | 11.8% | 11.3% | 12.3% | 10.2% | 7.7% | 7.0% | 8.2% | 8.4% | 6.7% | 8.7% | 8.5% | 10.0% | |
| ROE | 24.5% | 25.3% | 29.0% | 23.8% | 18.6% | 17.5% | 21.5% | 21.1% | 15.1% | 17.6% | 15.1% | 17.0% | |
| ROIC | 15.6% | 17.6% | 16.1% | 14.7% | 11.7% | 11.4% | 13.3% | 12.1% | 10.6% | 12.8% | 13.4% | 13.8% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.7 | 1.6 | 1.6 | 1.9 | 1.8 | 1.7 | 1.9 | 2.0 | 2.3 | 2.6 | 2.3 | 3.3 | |
| Quick Ratio | 0.9 | 0.9 | 0.9 | 1.1 | 0.9 | 1.0 | 1.0 | 1.1 | 1.3 | 1.7 | 1.4 | 2.3 | |
| Debt / Equity | 0.6 | 0.5 | 0.7 | 0.6 | 0.6 | 0.8 | 0.8 | 1.0 | 0.6 | 0.6 | 0.4 | 0.3 | |
| LT Debt / Equity | 0.5 | 0.4 | 0.7 | 0.6 | 0.6 | 0.7 | 0.8 | 1.0 | 0.6 | 0.6 | 0.3 | 0.3 | |
| Interest Coverage | · | · | · | · | · | 8.8 | 8.6 | 7.7 | 11.2 | 11.0 | 15.3 | 16.6 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.8 | 0.9 | 0.9 | 0.8 | 0.8 | 0.9 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | |
| Inventory Turnover | 3.6 | 4.4 | 4.4 | 5.0 | 5.1 | 4.8 | 5.0 | 4.9 | 4.3 | 4.5 | 4.7 | 5.4 | |
| Receivables Turnover | 7.2 | 7.3 | 7.0 | 7.0 | 6.8 | 6.4 | 6.5 | 7.1 | 6.9 | 7.0 | 7.2 | 7.4 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 3.8% | 4.8% | 8.6% | 18.0% | 13.9% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 5.7% | 10.3% | 13.4% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.7% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 14.9% | 3.6% | 37.9% | 38.3% | 13.2% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 18.0% | 25.5% | 29.3% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 20.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 13.9% | 3.7% | 37.6% | 36.6% | 13.8% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 17.6% | 24.9% | 28.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 20.4% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $5.84B | $5.63B | $5.37B | $4.95B | $4.19B | $3.68B | $3.95B | $4.48B | $3.67B | $3.51B | $3.39B | $3.36B | |
| Net Income TTM | $887M | $779M | $751M | $546M | $400M | $351M | $401M | $360M | $243M | $293M | $277M | $325M | |
| Market Cap | $23.65B | $22.52B | · | · | · | · | · | · | · | · | · | · | |
| Enterprise Value | $25.48B | $23.74B | · | · | · | · | · | · | · | · | · | · | |
| P/E | 26.9 | 29.1 | · | · | · | · | · | · | · | · | · | · | |
| P/S | 4.0 | 4.0 | · | · | · | · | · | · | · | · | · | · | |
| P/B | 6.1 | 6.9 | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 23.0 | 22.7 | · | · | · | · | · | · | · | · | · | · | |
| P / FCF | 27.0 | 27.8 | · | · | · | · | · | · | · | · | · | · | |
| EV / EBITDA | 18.0 | 18.2 | · | · | · | · | · | · | · | · | · | · | |
| EV / FCF | 29.1 | 29.3 | · | · | · | · | · | · | · | · | · | · | |
| EV / Revenue | 4.4 | 4.2 | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 3.7% | 3.4% | · | · | · | · | · | · | · | · | · | · | |
| Payout Ratio | · | · | · | · | · | 57.4% | 46.6% | 47.8% | 64.8% | 49.1% | 48.2% | 37.3% | |
| Annual Payout | · | · | · | · | · | $201M | $187M | $172M | $158M | $144M | $134M | $121M |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.52B | $1.49B | $1.50B | $1.48B | $1.37B | $1.33B | $1.44B | $1.45B | $1.40B | $1.35B | $1.38B | $1.37B | $1.29B | $1.22B | $1.32B | |
| Cost of Revenue | $1.10B | $1.01B | $968M | $958M | $932M | $923M | $882M | $937M | $939M | $966M | $901M | $888M | $870M | $837M | $853M | $918M | |
| Gross Profit | $613M | $505M | $525M | $544M | $552M | $443M | $452M | $506M | $514M | $434M | $445M | $487M | $496M | $448M | $367M | $398M | |
| SG&A Expense | $264M | $242M | $214M | $214M | $216M | $212M | $192M | $193M | $208M | $219M | $231M | $211M | $208M | $200M | $195M | $195M | |
| Operating Income | $349M | $264M | $303M | $331M | $336M | $230M | $246M | $313M | $306M | $228M | $214M | $276M | $288M | $249M | $172M | $204M | |
| Other Non-op | $-6M | $-5M | $-8M | $-6M | $-6M | $-5M | $300.0K | $-6M | $-1M | $-700.0K | $-6M | $-4M | $-5M | $-4M | $-2M | $800.0K | |
| Pretax Income | $304M | $236M | $273M | $311M | $315M | $211M | $232M | $288M | $285M | $201M | $198M | $265M | $274M | $235M | $157M | $191M | |
| Income Tax | $62M | $53M | $54M | $54M | $70M | $47M | $43M | $61M | $66M | $52M | $34M | $63M | $66M | $52M | $33M | $39M | |
| Net Income | $240M | $182M | $224M | $256M | $244M | $163M | $198M | $226M | $218M | $137M | $163M | $200M | $207M | $182M | $105M | $139M | |
| EPS (Basic) | $4.54 | $3.42 | $4.21 | $4.80 | $4.58 | $3.04 | $3.69 | $4.21 | $4.04 | $2.55 | $3.02 | $3.72 | $3.85 | $3.39 | $1.96 | $2.58 | |
| EPS (Diluted) | $4.52 | $3.41 | $4.19 | $4.77 | $4.56 | $3.03 | $3.66 | $4.18 | $4.01 | $2.53 | $3.00 | $3.70 | $3.82 | $3.37 | $1.93 | $2.57 | |
| Shares (Basic) | 52,900,000 | 53,100,000 | -106,600,000 | 53,100,000 | 53,200,000 | 53,500,000 | -107,400,000 | 53,700,000 | 53,700,000 | 53,700,000 | -107,200,000 | 53,600,000 | 53,600,000 | 53,600,000 | -107,700,000 | 53,700,000 | |
| Shares (Diluted) | 53,100,000 | 53,300,000 | -107,200,000 | 53,400,000 | 53,500,000 | 53,800,000 | -108,100,000 | 54,000,000 | 54,100,000 | 54,000,000 | -107,900,000 | 54,000,000 | 54,000,000 | 53,900,000 | -108,200,000 | 54,000,000 | |
| EBITDA | $416M | $324M | · | $380M | $385M | $286M | · | $304M | $301M | $288M | · | $276M | $288M | $284M | · | $204M |
Balance Sheet 28
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $379M | $502M | $482M | $667M | $383M | $347M | $329M | $436M | $397M | $388M | · | $573M | $493M | $430M | · | $367M | |
| Short-term Investments | $16M | $15M | $15M | $14M | $17M | $13M | $16M | $10M | $9M | $12M | · | $18M | $16M | $17M | · | $12M | |
| Receivables | $1.15B | $974M | $857M | $910M | $900M | $902M | $756M | $895M | $893M | $866M | · | $853M | $811M | $778M | · | $800M | |
| Inventory | $1.27B | $1.14B | $1.08B | $1.05B | $1.03B | $849M | $1.01B | $850M | $856M | $842M | · | $788M | $794M | $780M | · | $739M | |
| Other Current Assets | $197M | $172M | $155M | $146M | $148M | $151M | $146M | $129M | $118M | $124M | · | $86M | $92M | $94M | · | $76M | |
| Current Assets | $3.01B | $2.80B | $2.59B | $2.79B | $2.48B | $2.26B | $2.26B | $2.32B | $2.27B | $2.23B | · | $2.32B | $2.21B | $2.10B | · | $1.99B | |
| PP&E (Net) | $902M | $843M | $841M | $766M | $746M | $734M | $727M | $693M | $674M | $662M | · | $572M | $558M | $539M | · | $478M | |
| PP&E (Gross) | · | · | $1.68B | · | · | · | $1.53B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $836M | · | · | · | $803M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $4.35B | $3.06B | $3.06B | $2.59B | $2.56B | $2.55B | $2.50B | $2.52B | $2.51B | $2.53B | $2.53B | $1.99B | $2.00B | $1.98B | $1.97B | $1.95B | |
| Intangibles | $3.19B | $1.37B | $1.39B | $1.06B | $1.07B | $1.09B | $1.08B | $1.11B | $1.14B | $1.17B | · | $645M | $664M | $653M | · | $690M | |
| Other Non-current Assets | $286M | $246M | $240M | $222M | $203M | $199M | $198M | $206M | $192M | $194M | · | $177M | $145M | $148M | · | $160M | |
| Total Assets | $11.85B | $8.42B | $8.23B | $7.53B | $7.15B | $6.92B | $6.85B | $6.93B | $6.87B | $6.86B | $7.08B | $5.77B | $5.64B | $5.48B | $5.40B | $5.34B | |
| Accounts Payable | $650M | $606M | $570M | $537M | $530M | $546M | $542M | $548M | $587M | $598M | · | $555M | $555M | $545M | · | $570M | |
| Accrued Liabilities | $449M | $453M | $451M | $375M | $389M | $421M | $372M | $360M | $374M | $369M | · | $304M | $317M | $348M | · | $306M | |
| Short-term Debt | $567M | $534M | $287M | $550M | $401M | $415M | $123M | $274M | $90M | $199M | · | · | · | · | · | · | |
| Current Liabilities | $1.87B | $1.77B | $1.51B | $2.05B | $1.91B | $1.94B | $1.27B | $1.40B | $1.26B | $1.35B | · | $1.07B | $1.07B | $1.05B | · | $1.06B | |
| Capital Leases | $137M | $122M | $121M | $116M | $118M | $117M | $117M | $126M | $114M | $116M | · | $108M | $84M | $87M | · | $82M | |
| Deferred Tax | $816M | $419M | $420M | $304M | $271M | $247M | $277M | $246M | $248M | $259M | · | $102M | $113M | $114M | · | $97M | |
| Other Non-current Liabilities | $433M | $826M | $826M | $735M | $697M | $668M | $720M | $669M | $654M | $675M | · | $507M | $501M | $507M | · | $508M | |
| Total Liabilities | $7.92B | $4.64B | $4.37B | $3.83B | $3.65B | $3.65B | $3.44B | $3.71B | $3.81B | $3.92B | · | $3.02B | $3.01B | $3.00B | · | $3.01B | |
| Long-term Debt | · | · | · | $1.44B | $1.44B | $1.44B | · | $1.66B | $1.91B | $1.91B | · | · | · | · | · | · | |
| Total Debt | $5.37B | $2.57B | · | $1.59B | $1.45B | $1.46B | · | $1.91B | $2.00B | $2.11B | · | $1.44B | $1.44B | $1.44B | · | $1.44B | |
| Retained Earnings | · | · | $4.16B | · | · | · | $3.78B | · | · | · | · | · | · | · | · | · | |
| AOCI | · | · | $-315M | · | · | · | $-386M | · | · | · | · | · | · | · | · | · | |
| Stockholders' Equity | $3.91B | $3.77B | $3.85B | $3.68B | $3.49B | $3.26B | $3.40B | $3.21B | $3.05B | $2.93B | · | $2.74B | $2.62B | $2.47B | · | $2.32B | |
| Liabilities + Equity | $11.85B | $8.42B | $8.23B | $7.53B | $7.15B | $6.92B | $6.85B | $6.93B | $6.87B | $6.86B | · | $5.77B | $5.64B | $5.48B | · | $5.34B | |
| Shares Outstanding | · | · | 53,253,805 | · | · | · | 53,759,976 | · | · | · | 53,730,000 | · | · | · | 53,689,000 | · |
Cash Flow 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $68M | $60M | $62M | $49M | $48M | $47M | $53M | $49M | $50M | $60M | $40M | $38M | $37M | $36M | $41M | $38M | |
| Stock-based Comp | $8M | $14M | $6M | $6M | $6M | $14M | $6M | $5M | $6M | $13M | $5M | $6M | $4M | $12M | $3M | $5M | |
| Deferred Tax | $-6M | $-3M | $19M | $10M | $-19M | $600.0K | $-2M | $-6M | $-12M | $19M | $-2M | $-12M | $-2M | $-3M | $14M | $-3M | |
| Amort. of Intangibles | $32M | $28M | $30M | $25M | $25M | $24M | $31M | $28M | $28M | $28M | $19M | $18M | $18M | $18M | $22M | $19M | |
| Restructuring | $2M | $5M | $2M | $6M | $3M | $2M | $2M | $1M | $4M | $5M | $2M | $1M | $2M | $500.0K | $600.0K | $6M | |
| Other Non-cash | · | $-167M | · | · | · | $-194M | · | · | · | $-147M | · | · | · | $-112M | · | · | |
| Operating Cash Flow | $250M | $87M | $448M | $284M | $261M | $37M | $432M | $227M | $240M | $92M | $346M | $194M | $228M | $114M | $242M | $220M | |
| CapEx | $37M | $41M | $59M | $30M | $40M | $26M | $68M | $38M | $34M | $40M | $62M | $35M | $36M | $33M | $62M | $25M | |
| Investing Cash Flow | $-3.05B | $-41M | $-879M | $-75M | $-41M | $-99M | $-79M | $-36M | $-32M | $89M | $-1.22B | $-33M | $-93M | $-35M | · | · | |
| Stock Repurchased | $36M | $168M | $0 | $0 | $100M | $125M | $10M | $10M | $10M | $10M | $0 | $10M | $0 | $20M | $32M | $0 | |
| Net Stock Activity | · | $-168M | · | · | · | $-125M | · | · | · | $-10M | · | · | · | $-20M | · | · | |
| Financing Cash Flow | $2.68B | $-23M | $246M | $75M | $-192M | $75M | $-447M | $-157M | $-194M | $-125M | $630M | $-76M | $-74M | $-92M | $-97M | $-62M | |
| Net Change in Cash | $-119M | $19M | $-185M | $284M | $36M | $17M | $-107M | $39M | $9M | $52M | $-236M | $80M | $63M | $-10M | $74M | $-57M | |
| Free Cash Flow | · | $46M | · | · | · | $11M | · | · | · | $52M | · | · | · | $80M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.8% | 33.3% | · | 36.2% | 37.2% | 33.1% | · | 34.5% | 35.0% | 32.0% | · | 35.4% | 36.3% | 34.9% | · | 30.3% | |
| Operating Margin | 20.4% | 17.4% | · | 22.0% | 22.7% | 17.5% | · | 21.1% | 20.7% | 16.3% | · | 20.1% | 21.1% | 19.4% | · | 15.5% | |
| Net Margin | 14.0% | 12.0% | · | 17.0% | 16.4% | 12.4% | · | 15.2% | 14.7% | 10.6% | · | 14.5% | 15.1% | 14.1% | · | 10.6% | |
| Pretax Margin | 17.7% | 15.6% | · | 20.7% | 21.2% | 16.1% | · | 19.4% | 19.3% | 14.4% | · | 19.3% | 20.1% | 18.3% | · | 14.5% | |
| EBITDA Margin | 24.3% | 21.4% | · | 25.3% | 25.9% | 20.9% | · | 21.1% | 20.7% | 20.6% | · | 20.1% | 21.1% | 22.1% | · | 15.5% | |
| ROA | 2.5% | 2.4% | · | 3.5% | 3.5% | 2.5% | · | 3.5% | 3.4% | 2.4% | · | 3.6% | 3.8% | 3.4% | · | 2.6% | |
| ROE | 6.5% | 5.2% | · | 7.4% | 7.5% | 5.5% | · | 7.4% | 7.5% | 5.5% | · | 7.9% | 8.5% | 7.8% | · | 6.2% | |
| ROIC | 3.0% | 3.2% | · | 5.2% | 5.3% | 3.9% | · | 4.7% | 4.6% | 3.4% | · | 5.0% | 5.4% | 5.0% | · | 4.3% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.6 | 1.6 | · | 1.4 | 1.3 | 1.2 | · | 1.7 | 1.8 | 1.7 | · | 2.2 | 2.1 | 2.0 | · | 1.9 | |
| Quick Ratio | 0.8 | 0.8 | · | 0.8 | 0.7 | 0.7 | · | 1.0 | 1.0 | 0.9 | · | 1.3 | 1.2 | 1.2 | · | 1.1 | |
| Debt / Equity | 1.4 | 0.7 | · | 0.4 | 0.4 | 0.4 | · | 0.6 | 0.7 | 0.7 | · | 0.5 | 0.5 | 0.6 | · | 0.6 | |
| LT Debt / Equity | 1.2 | 0.5 | · | 0.3 | 0.3 | 0.3 | · | 0.5 | 0.6 | 0.6 | · | 0.5 | 0.5 | 0.6 | · | 0.6 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.3 | 0.2 | · | 0.2 | |
| Inventory Turnover | 1.0 | 1.0 | · | 1.0 | 1.0 | 1.1 | · | 1.2 | 1.1 | 1.2 | · | 1.2 | 1.1 | 1.1 | · | 1.3 | |
| Receivables Turnover | 1.7 | 1.6 | · | 1.7 | 1.7 | 1.5 | · | 1.7 | 1.7 | 1.7 | · | 1.7 | 1.7 | 1.7 | · | 1.6 |
Valuation (TTM) 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.22B | $6.00B | · | $5.69B | $5.63B | $5.59B | · | $5.67B | $5.59B | $5.43B | · | $5.34B | $5.22B | $5.01B | · | $4.83B | |
| Net Income TTM | $902M | $906M | · | $861M | $832M | $805M | · | $781M | $762M | $726M | · | $728M | $650M | $623M | · | $550M | |
| P/E | 31.0 | 29.0 | · | 26.9 | 26.5 | 22.2 | · | 29.7 | 26.0 | · | · | · | · | · | · | · | |
| Earnings Yield | 3.2% | 3.5% | · | 3.7% | 3.8% | 4.5% | · | 3.4% | 3.9% | · | · | · | · | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $5.84B | $5.63B | $5.37B | $4.95B | $4.19B |
| Gross Margin % | 35.3% | 33.8% | 35.1% | 29.7% | 27.5% |
| Operating Margin % | 20.7% | 19.4% | 19.3% | 14.3% | 12.7% |
| Net Income | $887M | $779M | $751M | $546M | $400M |
| Diluted EPS | $16.54 | $14.39 | $13.89 | $10.07 | $7.28 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.6 | 0.5 | 0.7 | 0.6 | 0.6 |
| Current Ratio | 1.7 | 1.6 | 1.6 | 1.9 | 1.8 |
| Quick Ratio | 0.9 | 0.9 | 0.9 | 1.1 | 0.9 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $875M | $811M | $715M | $507M | $424M |
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Institutional owners (13F) 1,089 filers · $16.2B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 116 (-31 vs prior Q) | 60 (+7 vs prior Q) | 386 (+35 vs prior Q) | 311 (+23 vs prior Q) | +191K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $1,806,565,128 | 3,452,915 | 11.16% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,400,774,347 | 2,677,321 | 8.65% | Shares |
| STATE STREET CORP | $1,248,670,166 | 2,386,602 | 7.71% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $648,485,260 | 1,245,084 | 4.01% | Shares |
| PARNASSUS INVESTMENTS, LLC | $561,168,624 | 1,072,570 | 3.47% | Shares |
| FIRST TRUST ADVISORS LP | $471,452,868 | 901,095 | 2.91% | Shares |
| Select Equity Group, L.P. | $437,008,032 | 835,260 | 2.70% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $385,164,667 | 736,171 | 2.38% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $376,875,086 | 720,327 | 2.33% | Shares |
| Mirova US LLC | $293,943,701 | 561,819 | 1.82% | Shares |
| Bank of New York Mellon Corp | $284,098,646 | 543,002 | 1.75% | Shares |
| Impax Asset Management Group plc | $254,722,429 | 486,855 | 1.57% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $249,220,559 | 476,340 | 1.54% | Shares |
| Troy Asset Management Ltd | $229,289,261 | 438,244 | 1.42% | Shares |
| Bahl & Gaynor LLC | $206,566,162 | 394,813 | 1.28% | Shares |
| ROYAL LONDON ASSET MANAGEMENT LTD | $199,311,992 | 380,948 | 1.23% | Shares |
| Man Group plc | $179,698,272 | 343,460 | 1.11% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $155,294,131 | 296,816 | 0.96% | Shares |
| PNC Financial Services Group, Inc. | $144,125,381 | 275,469 | 0.89% | Shares |
| GOLDMAN SACHS GROUP INC | $142,492,041 | 272,347 | 0.88% | Shares |
| Boston Partners | $122,488,440 | 234,114 | 0.76% | Shares |
| JOHNSON INVESTMENT COUNSEL INC | $110,842,334 | 211,855 | 0.68% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $108,624,691 | 207,616 | 0.67% | Shares |
| Boston Trust Walden Corp | $102,237,719 | 195,408 | 0.63% | Shares |
| BlackRock, Inc. | $93,359,285 | 178,439 | 0.58% | Shares |
| RAYMOND JAMES FINANCIAL INC | $93,292,593 | 178,312 | 0.58% | Shares |
| AMERICAN CENTURY COMPANIES INC | $91,347,581 | 174,594 | 0.56% | Shares |
| NORGES BANK | $90,279,206 | 172,552 | 0.56% | Shares |
| Robeco Institutional Asset Management B.V. | $85,845,085 | 164,077 | 0.53% | Shares |
| Nuveen Asset Management, LLC | $84,768,465 | 202,365 | 0.52% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $82,916,736 | 158,480 | 0.51% | Shares |
| Swiss National Bank | $78,260,256 | 149,580 | 0.48% | Shares |
| BANK OF AMERICA CORP /DE/ | $76,813,608 | 146,815 | 0.47% | Shares |
| Navera Investment Management Ltd. | $75,639,224 | 144,569 | 0.47% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $73,173,823 | 139,858 | 0.45% | Shares |
| Stephens Investment Management Group LLC | $72,074,986 | 137,758 | 0.45% | Shares |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $70,990,915 | 135,686 | 0.44% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $68,339,861 | 130,619 | 0.42% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $62,782,657 | 119,997 | 0.39% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $61,373,453 | 117,304 | 0.38% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $61,362,989 | 117,284 | 0.38% | Shares |
| Alyeska Investment Group, L.P. | $60,718,930 | 116,053 | 0.38% | Shares |
| Vanguard Global Advisers, LLC | $59,521,325 | 113,764 | 0.37% | Shares |
| FMR LLC | $59,240,506 | 113,227 | 0.37% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $59,001,264 | 112,770 | 0.36% | Shares |
| BRADLEY FOSTER & SARGENT INC/CT | $58,381,216 | 111,585 | 0.36% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $57,193,959 | 109,316 | 0.35% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $56,996,362 | 108,938 | 0.35% | Shares |
| California Public Employees Retirement System | $54,589,118 | 104,337 | 0.34% | Shares |
| RHUMBLINE ADVISERS | $54,168,381 | 103,533 | 0.33% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $53,809,860 | 103,395 | 0.33% | Shares |
| ANCHOR CAPITAL ADVISORS LLC | $53,359,485 | 101,987 | 0.33% | Shares |
| FIL Ltd | $52,647,523 | 100,626 | 0.33% | Shares |
| CIBC Private Wealth Group LLC | $52,203,586 | 121,316 | 0.32% | Shares |
| PFA Pension, Forsikringsaktieselskab | $52,099,935 | 99,579 | 0.32% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $50,834,635 | 97,161 | 0.31% | Shares |
| Nuveen, LLC | $50,544,782 | 96,607 | 0.31% | Shares |
| AVIVA PLC | $49,524,542 | 94,657 | 0.31% | Shares |
| HM PAYSON & CO | $48,845,912 | 93,360 | 0.30% | Shares |
| Smith Group Asset Management, LLC | $48,398,616 | 92,505 | 0.30% | Shares |
| BROWN BROTHERS HARRIMAN & CO | $47,411,861 | 90,619 | 0.29% | Shares |
| National Pension Service | $47,255,424 | 90,320 | 0.29% | Shares |
| Erste Asset Management GmbH | $47,164,403 | 91,573 | 0.29% | Shares |
| Fiera Capital Corp | $46,463,822 | 88,807 | 0.29% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $46,088,165 | 88,089 | 0.28% | Shares |
| Vontobel Holding Ltd. | $44,110,992 | 84,310 | 0.27% | Shares |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $43,299,623 | 82,759 | 0.27% | Shares |
| Gotham Asset Management, LLC | $40,326,686 | 77,077 | 0.25% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $40,209,273 | 81,936 | 0.25% | Shares |
| FACTORY MUTUAL INSURANCE CO | $39,475,440 | 75,450 | 0.24% | Shares |
| JANE STREET GROUP, LLC | $38,170,579 | 72,956 | 0.24% | Shares |
| Korea Investment CORP | $37,431,298 | 71,543 | 0.23% | Shares |
| ABN AMRO INVESTMENT SOLUTIONS | $36,705,619 | 70,156 | 0.23% | Shares |
| ALLIANCEBERNSTEIN L.P. | $36,248,510 | 73,865 | 0.22% | Shares |
| JANE STREET GROUP, LLC | $35,002,080 | 66,900 | 0.22% | Call option |
| NEW YORK STATE COMMON RETIREMENT FUND | $34,128,859 | 65,231 | 0.21% | Shares |
| UBS Group AG | $34,117,872 | 65,210 | 0.21% | Shares |
| TUDOR INVESTMENT CORP ET AL | $34,102,699 | 65,181 | 0.21% | Shares |
| CIBC Bancorp USA Inc. | $33,415,013 | 63,868 | 0.21% | Shares |
| JOHO CAPITAL LLC | $31,915,200 | 61,000 | 0.20% | Shares |
| AMERIPRISE FINANCIAL INC | $31,873,343 | 60,920 | 0.20% | Shares |
| Legal & General Group Plc | $31,737,313 | 60,660 | 0.20% | Shares |
| SCOPUS ASSET MANAGEMENT, L.P. | $31,392,000 | 60,000 | 0.19% | Call option |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $31,066,804 | 59,447 | 0.19% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $30,332,520 | 57,975 | 0.19% | Shares |
| Balyasny Asset Management L.P. | $29,438,894 | 56,267 | 0.18% | Shares |
| Eurizon Capital SGR S.p.A. | $29,340,393 | 56,127 | 0.18% | Shares |
| MORGAN STANLEY | $29,301,293 | 56,004 | 0.18% | Shares |
| CITADEL ADVISORS LLC | $28,776,000 | 55,000 | 0.18% | Call option |
| Freestone Grove Partners LP | $27,843,134 | 53,217 | 0.17% | Shares |
| Interval Partners, LP | $26,835,974 | 51,292 | 0.17% | Shares |
| Covea Finance | $26,536,704 | 50,720 | 0.16% | Shares |
| Squarepoint Ops LLC | $25,626,336 | 48,980 | 0.16% | Shares |
| JANUS HENDERSON GROUP PLC | $25,476,924 | 51,891 | 0.16% | Shares |
| St. James Investment Company, LLC | $25,332,298 | 48,418 | 0.16% | Shares |
| Granite Investment Partners, LLC | $25,316,078 | 48,387 | 0.16% | Shares |
| MILLENNIUM MANAGEMENT LLC | $25,297,766 | 48,352 | 0.16% | Shares |
| BECK MACK & OLIVER LLC | $25,238,645 | 48,239 | 0.16% | Shares |
| DNB Asset Management AS | $25,226,611 | 48,216 | 0.16% | Shares |
| Baird Financial Group, Inc. | $25,008,437 | 47,799 | 0.15% | Shares |
Company insiders 45 insiders · 21 officers · 20 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| David G Nord | Chairman, President & CEO | Feb. 11, 2016 F | 92,871 | 0 | 0 | $0 |
| William R Sperry | Executive VP and CFO | Aug. 2, 2023 M | 52,773 | 0 | 0 | $0 |
| Mark Eugene Mikes | President Electrical Solutions | July 6, 2026 F | 3,239 | 0 | 0 | $0 |
| Gregory Gumbs | President, Utility Solutions | July 6, 2026 F | 2,952 | 0 | 0 | $0 |
| Kevin Arthur Poyck | Group President, Lighting | July 1, 2016 F | 7,411 | 0 | 0 | $0 |
| Rodd Richard Ruland | Group President, C&E | July 1, 2016 F | 5,626 | 0 | 0 | $0 |
| Darrin S Wegman | Group President, C&I | July 1, 2016 F | 7,668 | 0 | 0 | $0 |
| Gerben Bakker | Group President, Power Systems | Feb. 11, 2016 F | 8,337 | 0 | 0 | $0 |
| Alyssa R Flynn | Chief Human Resources Officer | Aug. 2, 2023 M | 3,471 | 0 | 0 | $0 |
| Maria Ricciardone Lee | Treasurer/VP, Corp Strategy | July 1, 2016 F | 888 | 0 | 0 | $0 |
| Joseph Anthony Capozzoli | VP and Corporate Controller | April 15, 2016 F | 1,994 | 0 | 0 | $0 |
| Stephen M Mais | Vice President Human Resources | Feb. 11, 2016 F | 15,611 | 0 | 0 | $0 |
| An-Ping Hsieh | Vice President General Counsel | Feb. 11, 2016 F | 9,068 | 0 | 0 | $0 |
| William T Tolley | Senior VP, Growth & Innovation | Feb. 11, 2016 F | 20,215 | 0 | 0 | $0 |
| Gary N Amato | EVP Hubbell Electrical Segment | Dec. 23, 2015 J | 18,931 | 0 | 0 | $0 |
| James H Biggart | Vice President and Treasurer | Dec. 23, 2015 J | 4 | 0 | 0 | $0 |
| Robert W Murphy | Executive VP Marketing & Sales | May 12, 2015 M | 19,876 | 0 | 0 | $0 |
| Scott H Muse | Group Vice President | Aug. 25, 2014 S | 2,968 | 0 | 0 | $0 |
| Richard W Davies | Senior VP, Legal Affairs | Dec. 10, 2012 M | 59,579 | 0 | 0 | $0 |
| Thomas P Smith | Group Vice President | Dec. 5, 2008 F | 17,232 | 0 | 0 | $0 |
| Gregory F Covino | Vice President, Controller | Dec. 6, 2007 M | 7,918 | 0 | 0 | $0 |
| Neal J. Keating | Director | Aug. 14, 2026 A | 5,571 | 0 | 0 | $0 |
| Anthony Guzzi | Director | Aug. 14, 2026 A | 6,480 | 0 | 0 | $0 |
| Bonnie Cruickshank Lind | Director | Aug. 14, 2026 A | — | 0 | 0 | $0 |
| Richard J Swift | Director | July 29, 2016 S | 5,081 | 0 | 0 | $0 |
| Steven R Shawley | Director | May 13, 2016 A | 1,000 | 0 | 0 | $0 |
| John G Russell | Director | May 13, 2016 A | 1,100 | 0 | 0 | $0 |
| Judith Fran Marks | Director | May 3, 2016 A | 1,000 | 0 | 0 | $0 |
| Carlos M Cardoso | Director | May 3, 2016 A | 1,000 | 0 | 0 | $0 |
| Carlos A Rodriguez | Director | Feb. 15, 2016 A | 3,121 | 0 | 0 | $0 |
| Andrew Mcnally IV | Director | Feb. 24, 2015 G | 33,965 | 0 | 0 | $0 |
| Lynn J Good | Director | Feb. 13, 2015 A | 4,321 | 0 | 0 | $0 |
| George J Ratcliffe | Director | May 6, 2014 A | 172,240 | 0 | 0 | $0 |
| Timothy H Powers | Director | April 30, 2014 S | 229,315 | 0 | 0 | $0 |
| Daniel S Van Riper | Director | March 15, 2013 A | 18,043 | 0 | 0 | $0 |
| Joel S Hoffman | Director | May 1, 2011 A | 25,117 | 0 | 0 | $0 |
| George W Edwards JR | Director | May 3, 2010 A | 36,409 | 0 | 0 | $0 |
| Richard E Brooks | Director | May 2, 2010 A | 2,686 | 0 | 0 | $0 |
| Daniel J Meyer | Director | April 10, 2009 J | 2,526 | 0 | 0 | $0 |
| Malcolm Wallop | Director | Oct. 11, 2005 J | — | 0 | 0 | $0 |
| HUBBELL HARVEY TRUST | 10% owner | Sept. 12, 2007 S | 1,410,440 | 0 | 0 | $0 |
| ROCHE LOUIE E TRUST | 10% owner | Sept. 12, 2007 S | 2,078,020 | 0 | 0 | $0 |
| Jonathan M. Del Nero | — | Aug. 11, 2026 S | 2,933 | 0 | 1 | $-283,652 |
| John F Malloy | — | May 3, 2016 A | 9,794 | 0 | 0 | $0 |
| John Francis Mulvihill | — | March 11, 2014 S | 17,001 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 7 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Bessemer Trust Company, N.A. ×5 filings | Oct. 13, 2016 | — | Initial filing | — | SEC |
| Andrew McNally IV, G. Jackson Ratcliffe, John Mulvihill ×2 filings | June 9, 2014 | — | Initial filing | — | SEC |
| Mason Capital Management LLC, in its capacity as investment manager for certain investment funds and managed accounts., Kenneth M. Garschina, Michael E. Martino ×3 filings | Jan. 16, 2014 | — | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Dec. 19, 2013 | — | Initial filing | — | SEC |
| Richard W. Davies, Andrew McNally IV, G. Jackson Ratcliffe | Dec. 2, 2005 | — | Initial filing | — | SEC |
| Sept. 17, 2003 | — | Initial filing | — | SEC | |
| Undisclosed reporting person | May 16, 2002 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 188 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| MID · AMERICAN CENTURY ETF TRUST | 3.84% | 8,071 NS | May 31, 2026 | N-PORT |
| TEKX · SSGA Active Trust | 3.53% | 422 NS | April 30, 2026 | N-PORT |
| VOLT · Tema ETF Trust | 3.28% | 50,085 NS | May 31, 2026 | N-PORT |
| POWR · iShares, Inc. | 3.24% | 31,809 SH | Aug. 21, 2026 | Daily |
| PRCS · Parnassus Funds II | 2.96% | 9,116 NS | June 30, 2026 | N-PORT |
| POW · Tidal Trust III | 2.74% | 3,920 NS | May 31, 2026 | N-PORT |
| ZAP · Global X Funds | 2.73% | 24,544 NS | April 30, 2026 | N-PORT |
| GRID · First Trust Exchange-Traded Fund II | 2.61% | 602,271 NS | June 30, 2026 | N-PORT |
| CCSO · Tidal Trust II | 2.16% | 1,982 NS | April 30, 2026 | N-PORT |
| AIPO · Tidal Trust II | 1.70% | 26,982 NS | May 31, 2026 | N-PORT |
| PAVE · Global X Funds | 1.36% | 389,837 NS | May 31, 2026 | N-PORT |
| PSET · Principal Exchange-Traded Funds | 1.22% | 673 NS | June 30, 2026 | N-PORT |
| VCLN · Virtus ETF Trust II | 1.18% | 148 NS | April 30, 2026 | N-PORT |
| RSPN · Invesco Exchange-Traded Fund Trust | 1.16% | 25,961 SH | Aug. 21, 2026 | Daily |
| DGLO · First Trust Exchange-Traded Fund VI | 1.15% | 79 NS | June 30, 2026 | N-PORT |
| PBD · Invesco Exchange-Traded Fund Trust … | 1.07% | 4,308 SH | Aug. 21, 2026 | Daily |
| BKDV · BNY Mellon ETF Trust II | 0.98% | 26,654 NS | April 30, 2026 | N-PORT |
| DRES · GMO ETF Trust | 0.98% | 750 NS | May 31, 2026 | N-PORT |
| FSCS · First Trust Exchange-Traded Fund VI | 0.97% | 1,093 NS | June 30, 2026 | N-PORT |
| RBLD · First Trust Exchange-Traded Fund II | 0.93% | 720 NS | June 30, 2026 | N-PORT |
| MMID · MFS Active Exchange Traded Funds Tr… | 0.92% | 665 NS | May 31, 2026 | N-PORT |
| MADE · iShares Trust | 0.82% | 1,069 SH | Aug. 21, 2026 | Daily |
| JOET · Virtus ETF Trust II | 0.73% | 3,368 NS | April 30, 2026 | N-PORT |
| LCLG · Advisors Series Trust | 0.70% | 1,401 NS | April 30, 2026 | N-PORT |
| JSTC · Tidal Trust I | 0.67% | 4,747 NS | May 31, 2026 | N-PORT |
| SMIZ · Zacks Trust | 0.49% | 2,693 NS | May 31, 2026 | N-PORT |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.48% | 12,016 NS | April 30, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.41% | 3,532 NS | April 30, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 0.39% | 15,764 NS | April 30, 2026 | N-PORT |
| FVD · First Trust Exchange-Traded Fund | 0.38% | 58,109 NS | June 30, 2026 | N-PORT |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.37% | 3,243 NS | April 30, 2026 | N-PORT |
| VIS · VANGUARD WORLD FUND | 0.37% | 64,386 SH | Aug. 19, 2026 | Daily |
| DUSL · Direxion Shares ETF Trust | 0.35% | 373 NS | April 30, 2026 | N-PORT |
| SZNE · Pacer Funds Trust | 0.33% | 86 NS | April 30, 2026 | N-PORT |
| IMCG · iShares Trust | 0.32% | 27,602 SH | Aug. 21, 2026 | Daily |
| IYJ · iShares Trust | 0.30% | 12,079 SH | Aug. 20, 2026 | Daily |
| UXI · ProShares Trust | 0.29% | 177 NS | May 31, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.27% | 2,316 NS | May 31, 2026 | N-PORT |
| CVMC · Morgan Stanley ETF Trust | 0.27% | 528 NS | June 30, 2026 | N-PORT |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.27% | 11,506 NS | April 30, 2026 | N-PORT |
| FTLS · First Trust Exchange-Traded Fund III | 0.27% | 12,087 NS | April 30, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.26% | 7,510 NS | April 30, 2026 | N-PORT |
| EXI · iShares Trust | 0.24% | 7,457 SH | Aug. 21, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.24% | 2,274 NS | April 30, 2026 | N-PORT |
| IWS · iShares Trust | 0.24% | 79,496 SH | Aug. 21, 2026 | Daily |
| SDVY · First Trust Exchange-Traded Fund VI | 0.24% | 51,057 NS | June 30, 2026 | N-PORT |
| BFOR · ALPS ETF Trust | 0.23% | 1,056 NS | May 31, 2026 | N-PORT |
| SDVD · First Trust Exchange-Traded Fund IV | 0.23% | 3,823 NS | April 30, 2026 | N-PORT |
| FXR · First Trust Exchange-Traded AlphaDE… | 0.22% | 3,036 NS | April 30, 2026 | N-PORT |
| XT · iShares Trust | 0.22% | 18,061 SH | Aug. 21, 2026 | Daily |