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

Simon Property Group is the larger business by last-quarter revenue ($1.8B vs $1.5B, roughly 1.2× Hubbell Incorporated). Simon Property Group runs the higher net margin — 197.6% vs 14.6%, a 183.0% gap on every dollar of revenue. On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs 11.9%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $388.8M). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% 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.

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

HUBB vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.2× larger
SPG
$1.8B
$1.5B
HUBB
Growing faster (revenue YoY)
SPG
SPG
+1.4% gap
SPG
13.2%
11.9%
HUBB
Higher net margin
SPG
SPG
183.0% more per $
SPG
197.6%
14.6%
HUBB
More free cash flow
SPG
SPG
$560.0M more FCF
SPG
$948.8M
$388.8M
HUBB
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
3.3%
HUBB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HUBB
HUBB
SPG
SPG
Revenue
$1.5B
$1.8B
Net Profit
$217.7M
$3.5B
Gross Margin
34.6%
Operating Margin
20.3%
49.7%
Net Margin
14.6%
197.6%
Revenue YoY
11.9%
13.2%
Net Profit YoY
10.5%
358.7%
EPS (diluted)
$4.06
$9.34

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
SPG
SPG
Q4 25
$1.5B
$1.8B
Q3 25
$1.5B
$1.6B
Q2 25
$1.5B
$1.5B
Q1 25
$1.4B
$1.5B
Q4 24
$1.3B
$1.6B
Q3 24
$1.4B
$1.5B
Q2 24
$1.5B
$1.5B
Q1 24
$1.4B
$1.4B
Net Profit
HUBB
HUBB
SPG
SPG
Q4 25
$217.7M
$3.5B
Q3 25
$255.5M
$702.7M
Q2 25
$244.2M
$643.7M
Q1 25
$169.7M
$477.9M
Q4 24
$197.0M
$771.8M
Q3 24
$219.4M
$546.7M
Q2 24
$213.6M
$569.4M
Q1 24
$147.8M
$841.2M
Gross Margin
HUBB
HUBB
SPG
SPG
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
SPG
SPG
Q4 25
20.3%
49.7%
Q3 25
22.0%
50.8%
Q2 25
22.7%
49.7%
Q1 25
17.5%
49.4%
Q4 24
19.3%
52.8%
Q3 24
21.1%
51.9%
Q2 24
20.7%
51.7%
Q1 24
16.3%
51.0%
Net Margin
HUBB
HUBB
SPG
SPG
Q4 25
14.6%
197.6%
Q3 25
17.0%
43.9%
Q2 25
16.5%
43.0%
Q1 25
12.4%
32.4%
Q4 24
14.8%
48.8%
Q3 24
15.2%
36.9%
Q2 24
14.7%
39.0%
Q1 24
10.6%
58.3%
EPS (diluted)
HUBB
HUBB
SPG
SPG
Q4 25
$4.06
$9.34
Q3 25
$4.77
$1.86
Q2 25
$4.56
$1.70
Q1 25
$3.15
$1.27
Q4 24
$3.65
$2.04
Q3 24
$4.05
$1.46
Q2 24
$3.94
$1.51
Q1 24
$2.73
$2.25

Balance Sheet & Financial Strength

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

Metric
HUBB
HUBB
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$497.9M
$823.1M
Total DebtLower is stronger
$28.4B
Stockholders' EquityBook value
$3.8B
$5.2B
Total Assets
$8.2B
$40.6B
Debt / EquityLower = less leverage
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUBB
HUBB
SPG
SPG
Q4 25
$497.9M
$823.1M
Q3 25
$680.9M
$1.6B
Q2 25
$399.6M
$1.2B
Q1 25
$360.3M
$1.4B
Q4 24
$345.0M
$1.4B
Q3 24
$445.6M
$2.5B
Q2 24
$406.5M
$2.5B
Q1 24
$400.3M
$2.6B
Total Debt
HUBB
HUBB
SPG
SPG
Q4 25
$28.4B
Q3 25
$1.4B
$25.8B
Q2 25
$1.4B
$25.4B
Q1 25
$1.4B
$24.8B
Q4 24
$1.4B
$24.3B
Q3 24
$1.7B
$25.4B
Q2 24
$1.9B
$25.3B
Q1 24
$1.9B
$25.5B
Stockholders' Equity
HUBB
HUBB
SPG
SPG
Q4 25
$3.8B
$5.2B
Q3 25
$3.7B
$2.3B
Q2 25
$3.5B
$2.5B
Q1 25
$3.3B
$2.6B
Q4 24
$3.3B
$2.9B
Q3 24
$3.2B
$2.7B
Q2 24
$3.1B
$2.9B
Q1 24
$2.9B
$3.1B
Total Assets
HUBB
HUBB
SPG
SPG
Q4 25
$8.2B
$40.6B
Q3 25
$7.5B
$33.6B
Q2 25
$7.1B
$33.3B
Q1 25
$6.9B
$32.5B
Q4 24
$6.7B
$32.4B
Q3 24
$6.9B
$33.3B
Q2 24
$6.9B
$33.4B
Q1 24
$6.9B
$33.7B
Debt / Equity
HUBB
HUBB
SPG
SPG
Q4 25
5.46×
Q3 25
0.39×
10.98×
Q2 25
0.41×
10.36×
Q1 25
0.44×
9.50×
Q4 24
0.44×
8.25×
Q3 24
0.51×
9.37×
Q2 24
0.63×
8.59×
Q1 24
0.65×
8.22×

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
SPG
SPG
Operating Cash FlowLast quarter
$447.5M
$1.2B
Free Cash FlowOCF − Capex
$388.8M
$948.8M
FCF MarginFCF / Revenue
26.0%
53.0%
Capex IntensityCapex / Revenue
3.9%
14.2%
Cash ConversionOCF / Net Profit
2.06×
0.34×
TTM Free Cash FlowTrailing 4 quarters
$874.7M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUBB
HUBB
SPG
SPG
Q4 25
$447.5M
$1.2B
Q3 25
$284.3M
$890.3M
Q2 25
$260.6M
$1.2B
Q1 25
$37.4M
$827.2M
Q4 24
$432.4M
$1.1B
Q3 24
$227.0M
$892.9M
Q2 24
$239.6M
$1.1B
Q1 24
$92.2M
$773.1M
Free Cash Flow
HUBB
HUBB
SPG
SPG
Q4 25
$388.8M
$948.8M
Q3 25
$253.8M
$685.0M
Q2 25
$220.7M
$971.3M
Q1 25
$11.4M
$597.0M
Q4 24
$364.4M
$867.7M
Q3 24
$188.8M
$706.5M
Q2 24
$205.7M
$874.8M
Q1 24
$51.9M
$610.1M
FCF Margin
HUBB
HUBB
SPG
SPG
Q4 25
26.0%
53.0%
Q3 25
16.9%
42.8%
Q2 25
14.9%
64.8%
Q1 25
0.8%
40.5%
Q4 24
27.3%
54.8%
Q3 24
13.1%
47.7%
Q2 24
14.2%
60.0%
Q1 24
3.7%
42.3%
Capex Intensity
HUBB
HUBB
SPG
SPG
Q4 25
3.9%
14.2%
Q3 25
2.0%
12.8%
Q2 25
2.7%
16.3%
Q1 25
1.9%
15.6%
Q4 24
5.1%
13.8%
Q3 24
2.6%
12.6%
Q2 24
2.3%
12.9%
Q1 24
2.9%
11.3%
Cash Conversion
HUBB
HUBB
SPG
SPG
Q4 25
2.06×
0.34×
Q3 25
1.11×
1.27×
Q2 25
1.07×
1.89×
Q1 25
0.22×
1.73×
Q4 24
2.19×
1.41×
Q3 24
1.03×
1.63×
Q2 24
1.12×
1.87×
Q1 24
0.62×
0.92×

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%

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

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