Hubbell Inc · NYSE:HUBB
Hubbell — Q3 2026 Earnings Presentation
14 slides from Hubbell's earnings presentation, Oct 27, 2026
Slide 1: Third Quarter 2026 Earnings Call
Third Quarter 2026 Earnings Call October 27, 2026
Slide 2: Forward Looking Statements and Non-GAAP Measures
Forward Looking Statements and Non-GAAP Measures Forward Looking Statements Certain statements contained herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements generally relate to our expectations and beliefs rega
Slide 3: Key Messages
Key Messages Strong 3Q financial performance highlighted by double digit growth in 1 organic sales, adjusted operating profit, adjusted EPS and free cash flow HES organic growth >20% in 3Q; NSI performance and integration ahead of 2 expectations 3 HUS strong core T&D performance; investing to serve
Slide 4: 3Q 2026 Results
3Q 2026 Results NET SALES ADJ. OPERATING PROFIT ADJ. DILUTED EPS FREE CASH FLOW $ millions $ millions $ per share $ millions +14% +25% +33% $5.91 +10% 1,873 477 280 Organic 25.5% +11% 358 $5.17 1,502 254 Acquisitions +13% 23.9% 3Q 2025 3Q 2026 3Q 2025 3Q 2026 3Q 2025 3Q 2026 3Q 2025 3Q 2026 Organic
Slide 5: 3Q 2026 Hubbell Utility Solutions (HUS) Segment Results
3Q 2026 Hubbell Utility Solutions (HUS) Segment Results HUS NET SALES HUS ADJUSTED OPERATING PROFIT $ millions +9% $ millions +10% 1,028 267 242 944 26.0% Organic +5% Acquisitions +4% 25.7% 3Q 2025 3Q 2026 3Q 2025 3Q 2026 HIGHLIGHTS AND KEY PERFORMANCE DRIVERS Grid Infrastructure sales $808M (+8% or
Slide 6: 3Q 2026 Hubbell Electrical Solutions (HES) Segment Results
3Q 2026 Hubbell Electrical Solutions (HES) Segment Results HES NET SALES HES ADJUSTED OPERATING PROFIT $ millions $ millions +51% +80% 845 210 559 Organic +22% 116 24.8% Acquisitions +29% 20.8% 3Q 2025 3Q 2026 3Q 2025 3Q 2026 HIGHLIGHTS AND KEY PERFORMANCE DRIVERS ▪ Datacenter sales up >80% organica
Slide 7: Raising 2026 Outlook
Raising 2026 Outlook Prior Updated Commentary Outlook Outlook ▪ Organic growth outlook increased from +9-11% to +10-11% Sales Growth +16-18% +18-19% ▪ Acquisition contribution increased from +7% to +7.5% ▪ Electrical Solutions organic growth outlook increased to +17-18% Organic Growth +9-11% +10-11%
Slide 8: 2027 End Market Preview
2027 End Market Preview UTILITY SOLUTIONS ELECTRICAL SOLUTIONS 8 ▪ Broad-based orders strength throughout 2026; >$500M of backlog built YTD ▪ Broad-based orders strength throughout 2026; >$100M of backlog built YTD ▪ Large trans/sub projects to facilitate load growth visible in backlog and pipeline
Slide 9: Appendix
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Slide 10: Appendix
APPENDIX References to "adjusted" operating measures exclude the impact of certain costs, gains or losses. Management believes Free cash flow is a non-GAAP measure that we believe provides useful information regarding the Company's ability to these adjusted operating measures provide useful informat
Slide 11: Appendix
APPENDIX Reconciliation of Adjusted Net Income to the most directly comparable GAAP measure (millions): Hubbell Incorporated Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 Change 2026 2025 Change Net income attributable to Hubbell (GAAP measure) $ 262.5 $ 255.5 3 % $ 684.
Slide 12: Appendix
APPENDIX Reconciliation of Adjusted Operating Margin to the most directly comparable GAAP measure (millions): Hubbell Incorporated Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 Change 2026 2025 Change Net Sales [a] $ 1,872.5 $ 1,502.4 25 % $ 5,101.0 $ 4,351.9 17 % Operat
Slide 13: Appendix
APPENDIX Reconciliation of Organic Net Sales Growth to Net Sales Growth (millions and percentage change): Hubbell Incorporated Three Months Ended September 30, Nine Months Ended September 30, 2026 Inc/(Dec)% 2025 Inc/(Dec)% 2026 Inc/(Dec)% 2025 Inc/(Dec)% Net sales growth (decline) (GAAP measure) $
Slide 14: Appendix
APPENDIX Reconciliation of Net Debt to the most directly comparable GAAP measure (millions): Hubbell Incorporated September 30, 2026 December 31, 2025 Total Debt (GAAP measure) $ 5,120.2 $ 2,325.4 Total Hubbell Shareholders’ Equity 4,105.6 3,847.9 Total Capital $ 9,225.8 $ 6,173.3 Total Debt to Tota