For the year ending 2025-12-31, HUBB had $152,700K increase in cash & cash equivalents over the period. $874,700K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income from continuing operations | - | 783,500 | 766,000 | 516,800 |
| Net income | 891,900 | - | - | - |
| Depreciation and amortization | 206,100 | 212,100 | 149,700 | 148,500 |
| Deferred income taxes | 11,000 | 1,700 | -16,200 | -27,800 |
| Stock-based compensation | 33,000 | 30,600 | 26,500 | 24,500 |
| Provision for bad debt expense | - | - | 300 | 7,400 |
| Loss on disposition of business | -400 | -5,300 | 0 | 0 |
| Loss on extinguishment of debt | - | - | 0 | 0 |
| Pension charge | - | 0 | 0 | 7,000 |
| Loss on sale of assets | -1,200 | -1,000 | -2,500 | -3,500 |
| (increase) decrease in accounts receivable | 68,200 | -22,200 | 1,900 | 74,200 |
| Increase in inventories | 32,300 | 22,700 | 42,100 | 66,500 |
| Increase (decrease) in accounts payable | 6,300 | -13,600 | 13,200 | -15,300 |
| Increase (decrease) in current liabilities | 33,300 | -24,300 | -4,500 | 108,300 |
| Changes in other assets and liabilities, net | -4,600 | -14,900 | -2,100 | -13,200 |
| Contributions to qualified defined benefit pension plans | 41,400 | 1,300 | 20,000 | 12,500 |
| Other, net | 16,100 | 18,200 | -5,200 | -3,300 |
| Net cash provided by operating activities from continuing operations | - | 991,200 | 880,800 | 636,200 |
| Net cash provided by operating activities | 1,029,800 | - | - | - |
| Capital expenditures | 155,100 | 180,400 | 165,700 | 129,300 |
| Acquisitions, net of cash acquired | 958,300 | -5,900 | 1,211,700 | 177,100 |
| Proceeds from disposal of business, net of cash | 2,600 | 122,900 | 0 | 332,800 |
| Purchases of available-for-sale investments | 25,200 | 21,000 | 25,400 | 33,700 |
| Proceeds from sales of available-for-sale investments | 16,700 | 15,800 | 21,800 | 23,000 |
| Other, net | -24,700 | 2,300 | -800 | -2,400 |
| Net cash (used in) provided by investing activities from continuing operations | - | -59,100 | -1,380,200 | 18,100 |
| Net cash used in investing activities | -1,094,600 | - | - | - |
| Issuance of long-term debt | 1,000,000 | 0 | 600,000 | 0 |
| Payment of long-term debt | 400,000 | 600,000 | 0 | 0 |
| Issuance of short-term debt | 164,000 | 22,900 | 100,000 | 0 |
| Payment of short-term debt | 300 | 0 | 2,200 | 4,800 |
| Payment of dividends | 286,600 | 267,300 | 245,500 | 229,600 |
| Make whole payment for retirement of long-term debt | - | - | 0 | 0 |
| Debt issuance cost | 9,200 | 0 | 2,200 | 0 |
| Acquisition of common shares | 225,000 | 40,000 | 30,000 | 182,000 |
| Other | -39,300 | -39,000 | -31,600 | -20,700 |
| Net cash provided by (used in) financing activities | 203,600 | -923,400 | 388,500 | -437,100 |
| Cash (used in) provided by operating activities | - | 0 | 0 | -53,000 |
| Cash used in investing activities | - | 0 | 0 | -1,700 |
| Cash (used in) provided by discontinued operations | - | 0 | 0 | -54,700 |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | 13,900 | -16,400 | 6,900 | -8,800 |
| Increase (decrease) in cash, cash equivalents, and restricted cash | 152,700 | -7,700 | -104,000 | 153,700 |
HUBBELL INC (HUBB)
HUBBELL INC (HUBB)