HUBBELL 10-K FILED: FY23 FINANCIALS DISCLOSED

TL;DR

**Hubbell's 2023 10-K is out, giving investors the full financial picture.**

AI Summary

Hubbell Inc. filed its 10-K report on February 8, 2024, for the fiscal year ending December 31, 2023. This filing provides a comprehensive overview of the company's financial performance and position, including details on its common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income. For investors, this matters because it offers transparency into Hubbell's financial health and operational results, which are crucial for evaluating the company's stability and future growth prospects, especially given its role in electronic components and accessories.

Why It Matters

This filing provides a detailed look into Hubbell's financial performance and position, which is essential for investors to assess the company's stability and potential for future returns.

Risk Assessment

Risk Level: medium — The filing itself is a standard disclosure, but the underlying business in electronic components can be subject to market fluctuations and supply chain risks.

Analyst Insight

Investors should review the full 10-K document to understand the detailed financial performance, risks, and management's discussion and analysis for the fiscal year ending December 31, 2023, before making any investment decisions.

Key Numbers

• 2023-12-31 — Fiscal Year End Date (The period covered by the financial statements in this 10-K.)
• 2024-02-08 — Filing Date (The date the 10-K was officially submitted to the SEC.)
• 156 — Public Document Count (Indicates the number of pages or sections in the public document, suggesting a comprehensive report.)
• 0000048898 — Central Index Key (CIK) (Unique identifier for HUBBELL INC with the SEC.)
• 001-02958 — SEC File Number (Specific registration number for HUBBELL INC's filings with the SEC.)

Key Players & Entities

• HUBBELL INC (company) — the company filing the 10-K
• December 31, 2023 (date) — the end of the fiscal year reported
• February 8, 2024 (date) — the date the 10-K was filed
• 0000048898 (company) — Central Index Key (CIK) for HUBBELL INC
• 001-02958 (company) — SEC File Number for HUBBELL INC

Forward-Looking Statements

• Hubbell Inc. will continue to operate in the electronic components and accessories industry. (HUBBELL INC) — high confidence, target: 2025-12-31
• The company will likely file its next annual report around the same time next year. (HUBBELL INC) — high confidence, target: 2025-02-08

FAQ

From the Filing

0001628280-24-003792.txt : 20240208 0001628280-24-003792.hdr.sgml : 20240208 20240208081527 ACCESSION NUMBER: 0001628280-24-003792 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 156 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUBBELL INC CENTRAL INDEX KEY: 0000048898 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060397030 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02958 FILM NUMBER: 24606950 BUSINESS ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 BUSINESS PHONE: 2037994100 MAIL ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 FORMER COMPANY: FORMER CONFORMED NAME: HUBBELL HARVEY INC DATE OF NAME CHANGE: 19860716 10-K 1 hubb-20231231.htm 10-K hubb-20231231 0000048898 2023 FY FALSE P3Y http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#CommitmentsAndContingencies http://fasb.org/us-gaap/2023#CommitmentsAndContingencies 0.3333 0.3333 0.3333 0.3333 0.3333 0.3333 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0000048898 2023-01-01 2023-12-31 0000048898 2023-06-30 iso4217:USD 0000048898 2024-02-01 xbrli:shares 0000048898 2022-01-01 2022-12-31 0000048898 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0000048898 2023-12-31 0000048898 2022-12-31 0000048898 2021-12-31 0000048898 2020-12-31 0000048898 us-gaap:CommonStockMember 2020-12-31 0000048898 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000048898 us-gaap:RetainedEarningsMember 2020-12-31 0000048898 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000048898 us-gaap:ParentMember 2020-12-31 0000048898 us-gaap:NoncontrollingInterestMember 2020-12-31 0000048898 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000048898 us-gaap:ParentMember 2021-01-01 2021-12-31 0000048898 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0000048898 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000048898 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000048898 us-gaap:CommonStockMember 2021-12-31 0000048898 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000048898 us-gaap:RetainedEarningsMember 2021-12-31 0000048898 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000048898 us-gaap:ParentMember 2021-12-31 0000048898 us-gaap:NoncontrollingInterestMember 2021-12-31 0000048898 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000048898 us-gaap:ParentMember 2022-01-01 2022-12-31 0000048898 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0000048898 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0000048898 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000048898 us-gaap:CommonStockMember 2022-12-31 0000048898 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000048898 us-gaap:RetainedEarningsMember 2022-12-31 0000048898 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000048898 us-gaap:ParentMember 2022-12-31 0000048898 us-gaap:NoncontrollingInterestMember 2022-12-31 0000048898 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000048898 us-gaap:ParentMember 2023-01-01 2023-12-31 0000048898 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0000048898 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0000048898 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000048898 us-gaap:CommonStockMember 2023-12-31 0000048898 us-gaap:AdditionalPaidInCapitalMember 20