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Side-by-side financial comparison of Hubbell Incorporated (HUBB) and Prologis (PLD). Click either name above to swap in a different company.

Prologis is the larger business by last-quarter revenue ($2.3B vs $1.5B, roughly 1.5× Hubbell Incorporated). Prologis runs the higher net margin — 62.1% vs 14.6%, a 47.6% gap on every dollar of revenue. On growth, Hubbell Incorporated posted the faster year-over-year revenue change (11.9% vs 2.4%). Over the past eight quarters, Prologis's revenue compounded faster (7.3% CAGR vs 3.3%).

Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.

HUBB vs PLD — Head-to-Head

Bigger by revenue
PLD
PLD
1.5× larger
PLD
$2.3B
$1.5B
HUBB
Growing faster (revenue YoY)
HUBB
HUBB
+9.5% gap
HUBB
11.9%
2.4%
PLD
Higher net margin
PLD
PLD
47.6% more per $
PLD
62.1%
14.6%
HUBB
Faster 2-yr revenue CAGR
PLD
PLD
Annualised
PLD
7.3%
3.3%
HUBB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HUBB
HUBB
PLD
PLD
Revenue
$1.5B
$2.3B
Net Profit
$217.7M
$1.4B
Gross Margin
34.6%
Operating Margin
20.3%
72.2%
Net Margin
14.6%
62.1%
Revenue YoY
11.9%
2.4%
Net Profit YoY
10.5%
9.5%
EPS (diluted)
$4.06
$1.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HUBB
HUBB
PLD
PLD
Q4 25
$1.5B
$2.3B
Q3 25
$1.5B
$2.2B
Q2 25
$1.5B
$2.2B
Q1 25
$1.4B
$2.1B
Q4 24
$1.3B
$2.2B
Q3 24
$1.4B
$2.0B
Q2 24
$1.5B
$2.0B
Q1 24
$1.4B
$2.0B
Net Profit
HUBB
HUBB
PLD
PLD
Q4 25
$217.7M
$1.4B
Q3 25
$255.5M
$764.3M
Q2 25
$244.2M
$571.2M
Q1 25
$169.7M
$593.0M
Q4 24
$197.0M
$1.3B
Q3 24
$219.4M
$1.0B
Q2 24
$213.6M
$861.3M
Q1 24
$147.8M
$585.7M
Gross Margin
HUBB
HUBB
PLD
PLD
Q4 25
34.6%
Q3 25
36.2%
Q2 25
37.2%
Q1 25
33.1%
Q4 24
33.8%
Q3 24
34.5%
Q2 24
35.0%
Q1 24
32.0%
Operating Margin
HUBB
HUBB
PLD
PLD
Q4 25
20.3%
72.2%
Q3 25
22.0%
42.5%
Q2 25
22.7%
41.8%
Q1 25
17.5%
41.1%
Q4 24
19.3%
64.6%
Q3 24
21.1%
61.4%
Q2 24
20.7%
51.0%
Q1 24
16.3%
36.8%
Net Margin
HUBB
HUBB
PLD
PLD
Q4 25
14.6%
62.1%
Q3 25
17.0%
34.5%
Q2 25
16.5%
26.2%
Q1 25
12.4%
27.7%
Q4 24
14.8%
58.1%
Q3 24
15.2%
49.4%
Q2 24
14.7%
42.9%
Q1 24
10.6%
29.9%
EPS (diluted)
HUBB
HUBB
PLD
PLD
Q4 25
$4.06
$1.50
Q3 25
$4.77
$0.82
Q2 25
$4.56
$0.61
Q1 25
$3.15
$0.63
Q4 24
$3.65
$1.38
Q3 24
$4.05
$1.08
Q2 24
$3.94
$0.92
Q1 24
$2.73
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HUBB
HUBB
PLD
PLD
Cash + ST InvestmentsLiquidity on hand
$497.9M
$1.1B
Total DebtLower is stronger
$35.0B
Stockholders' EquityBook value
$3.8B
$53.2B
Total Assets
$8.2B
$98.7B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUBB
HUBB
PLD
PLD
Q4 25
$497.9M
$1.1B
Q3 25
$680.9M
$1.2B
Q2 25
$399.6M
$1.1B
Q1 25
$360.3M
$671.1M
Q4 24
$345.0M
$1.3B
Q3 24
$445.6M
$780.9M
Q2 24
$406.5M
$598.3M
Q1 24
$400.3M
$500.6M
Total Debt
HUBB
HUBB
PLD
PLD
Q4 25
$35.0B
Q3 25
$1.4B
$35.3B
Q2 25
$1.4B
$34.7B
Q1 25
$1.4B
$32.3B
Q4 24
$1.4B
$30.9B
Q3 24
$1.7B
$32.3B
Q2 24
$1.9B
$29.9B
Q1 24
$1.9B
$29.6B
Stockholders' Equity
HUBB
HUBB
PLD
PLD
Q4 25
$3.8B
$53.2B
Q3 25
$3.7B
$52.6B
Q2 25
$3.5B
$52.7B
Q1 25
$3.3B
$53.5B
Q4 24
$3.3B
$54.0B
Q3 24
$3.2B
$53.1B
Q2 24
$3.1B
$53.3B
Q1 24
$2.9B
$53.2B
Total Assets
HUBB
HUBB
PLD
PLD
Q4 25
$8.2B
$98.7B
Q3 25
$7.5B
$98.3B
Q2 25
$7.1B
$97.7B
Q1 25
$6.9B
$96.0B
Q4 24
$6.7B
$95.3B
Q3 24
$6.9B
$95.9B
Q2 24
$6.9B
$93.5B
Q1 24
$6.9B
$93.3B
Debt / Equity
HUBB
HUBB
PLD
PLD
Q4 25
0.66×
Q3 25
0.39×
0.67×
Q2 25
0.41×
0.66×
Q1 25
0.44×
0.60×
Q4 24
0.44×
0.57×
Q3 24
0.51×
0.61×
Q2 24
0.63×
0.56×
Q1 24
0.65×
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HUBB
HUBB
PLD
PLD
Operating Cash FlowLast quarter
$447.5M
$1.2B
Free Cash FlowOCF − Capex
$388.8M
FCF MarginFCF / Revenue
26.0%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
2.06×
0.83×
TTM Free Cash FlowTrailing 4 quarters
$874.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUBB
HUBB
PLD
PLD
Q4 25
$447.5M
$1.2B
Q3 25
$284.3M
$1.4B
Q2 25
$260.6M
$1.2B
Q1 25
$37.4M
$1.2B
Q4 24
$432.4M
$1.3B
Q3 24
$227.0M
$1.4B
Q2 24
$239.6M
$1.1B
Q1 24
$92.2M
$1.1B
Free Cash Flow
HUBB
HUBB
PLD
PLD
Q4 25
$388.8M
Q3 25
$253.8M
Q2 25
$220.7M
Q1 25
$11.4M
Q4 24
$364.4M
Q3 24
$188.8M
Q2 24
$205.7M
Q1 24
$51.9M
FCF Margin
HUBB
HUBB
PLD
PLD
Q4 25
26.0%
Q3 25
16.9%
Q2 25
14.9%
Q1 25
0.8%
Q4 24
27.3%
Q3 24
13.1%
Q2 24
14.2%
Q1 24
3.7%
Capex Intensity
HUBB
HUBB
PLD
PLD
Q4 25
3.9%
Q3 25
2.0%
Q2 25
2.7%
Q1 25
1.9%
Q4 24
5.1%
Q3 24
2.6%
Q2 24
2.3%
Q1 24
2.9%
Cash Conversion
HUBB
HUBB
PLD
PLD
Q4 25
2.06×
0.83×
Q3 25
1.11×
1.89×
Q2 25
1.07×
2.17×
Q1 25
0.22×
1.96×
Q4 24
2.19×
1.04×
Q3 24
1.03×
1.43×
Q2 24
1.12×
1.26×
Q1 24
0.62×
1.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HUBB
HUBB

Grid Infrastructure$717.0M48%
Industrial$393.7M26%
Grid Automation$218.9M15%
Electrical Products$163.1M11%

PLD
PLD

Real Estate Operations Segment$2.0B88%
Unconsolidated Co Investment Ventures$131.7M6%
Other$82.6M4%
Strategic Capital Segment$49.9M2%

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