Hubbell Fixed Asset Turnover from 2010 to 2024

HUBB Stock  USD 460.81  4.33  0.95%   
Hubbell's Fixed Asset Turnover is increasing over the years with stable fluctuation. Fixed Asset Turnover is expected to dwindle to 6.31. From 2010 to 2024 Hubbell Fixed Asset Turnover quarterly data regression line had arithmetic mean of  8.00 and r-squared of  0.02. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.71864449
Current Value
6.31
Quarterly Volatility
1.14659953
 
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 Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Hubbell over the last few years. It is Hubbell's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Hubbell Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.00
Geometric Mean7.91
Coefficient Of Variation14.34
Mean Deviation0.78
Median8.08
Standard Deviation1.15
Sample Variance1.31
Range4.2432
R-Value0.15
Mean Square Error1.39
R-Squared0.02
Significance0.60
Slope0.04
Total Sum of Squares18.41

Hubbell Fixed Asset Turnover History

2024 6.31
2023 6.72
2022 9.37
2021 9.13
2020 8.06
2019 9.09
2018 8.93

About Hubbell Financial Statements

Hubbell stakeholders use historical fundamental indicators, such as Hubbell's Fixed Asset Turnover, 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
Fixed Asset Turnover 6.72  6.31 

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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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
13.88
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.