HUBBELL INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Hubbell Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Hubbell Inc Operating Margin for the quarter ending June 30, 2024 was 18.5 %, a 5.23% increase year-over-year.
  • Hubbell Inc annual Operating Margin for 2023 was 19.3 %, a 34.9% increase from 2022.
  • Hubbell Inc annual Operating Margin for 2022 was 14.3 %, a 12.9% increase from 2021.
  • Hubbell Inc annual Operating Margin for 2021 was 12.7 %, a 5.51% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 19.3 +5 +34.9% Jan 1, 2023 Dec 31, 2023
2022 14.3 +1.64 +12.9% Jan 1, 2022 Dec 31, 2022
2021 12.7 -0.74 -5.51% Jan 1, 2021 Dec 31, 2021
2020 13.4 +0.08 +0.6% Jan 1, 2020 Dec 31, 2020
2019 13.4 +0.92 +7.4% Jan 1, 2019 Dec 31, 2019
2018 12.4 -1.71 -12.1% Jan 1, 2018 Dec 31, 2018
2017 14.1 +0.17 +1.22% Jan 1, 2017 Dec 31, 2017
2016 14 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.