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Side-by-side financial comparison of Hubbell Incorporated (HUBB) and Otis Worldwide (OTIS), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Otis Worldwide is the larger business by last-quarter revenue ($3.8B vs $1.5B, roughly 2.5× Hubbell Incorporated). Hubbell Incorporated runs the higher net margin — 14.6% vs 9.9%, a 4.7% gap on every dollar of revenue. On growth, Hubbell Incorporated posted the faster year-over-year revenue change (11.9% vs 3.3%). Otis Worldwide produced more free cash flow last quarter ($772.0M vs $388.8M). Over the past eight quarters, Otis Worldwide's revenue compounded faster (5.1% 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.

Otis Worldwide Corporation styled as OTIS is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.

HUBB vs OTIS — Head-to-Head

Bigger by revenue
OTIS
OTIS
2.5× larger
OTIS
$3.8B
$1.5B
HUBB
Growing faster (revenue YoY)
HUBB
HUBB
+8.6% gap
HUBB
11.9%
3.3%
OTIS
Higher net margin
HUBB
HUBB
4.7% more per $
HUBB
14.6%
9.9%
OTIS
More free cash flow
OTIS
OTIS
$383.2M more FCF
OTIS
$772.0M
$388.8M
HUBB
Faster 2-yr revenue CAGR
OTIS
OTIS
Annualised
OTIS
5.1%
3.3%
HUBB

Income Statement — Q4 2025 vs Q4 2025

Metric
HUBB
HUBB
OTIS
OTIS
Revenue
$1.5B
$3.8B
Net Profit
$217.7M
$374.0M
Gross Margin
34.6%
Operating Margin
20.3%
15.5%
Net Margin
14.6%
9.9%
Revenue YoY
11.9%
3.3%
Net Profit YoY
10.5%
11.0%
EPS (diluted)
$4.06
$0.95

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
HUBB
HUBB
OTIS
OTIS
Q4 25
$1.5B
$3.8B
Q3 25
$1.5B
$3.7B
Q2 25
$1.5B
$3.6B
Q1 25
$1.4B
$3.4B
Q4 24
$1.3B
$3.7B
Q3 24
$1.4B
$3.5B
Q2 24
$1.5B
$3.6B
Q1 24
$1.4B
$3.4B
Net Profit
HUBB
HUBB
OTIS
OTIS
Q4 25
$217.7M
$374.0M
Q3 25
$255.5M
$374.0M
Q2 25
$244.2M
$393.0M
Q1 25
$169.7M
$243.0M
Q4 24
$197.0M
$337.0M
Q3 24
$219.4M
$540.0M
Q2 24
$213.6M
$415.0M
Q1 24
$147.8M
$353.0M
Gross Margin
HUBB
HUBB
OTIS
OTIS
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
OTIS
OTIS
Q4 25
20.3%
15.5%
Q3 25
22.0%
15.9%
Q2 25
22.7%
15.2%
Q1 25
17.5%
12.3%
Q4 24
19.3%
14.4%
Q3 24
21.1%
10.2%
Q2 24
20.7%
15.8%
Q1 24
16.3%
15.8%
Net Margin
HUBB
HUBB
OTIS
OTIS
Q4 25
14.6%
9.9%
Q3 25
17.0%
10.1%
Q2 25
16.5%
10.9%
Q1 25
12.4%
7.3%
Q4 24
14.8%
9.2%
Q3 24
15.2%
15.2%
Q2 24
14.7%
11.5%
Q1 24
10.6%
10.3%
EPS (diluted)
HUBB
HUBB
OTIS
OTIS
Q4 25
$4.06
$0.95
Q3 25
$4.77
$0.95
Q2 25
$4.56
$0.99
Q1 25
$3.15
$0.61
Q4 24
$3.65
$0.85
Q3 24
$4.05
$1.34
Q2 24
$3.94
$1.02
Q1 24
$2.73
$0.86

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
HUBB
HUBB
OTIS
OTIS
Cash + ST InvestmentsLiquidity on hand
$497.9M
$1.1B
Total DebtLower is stronger
$7.8B
Stockholders' EquityBook value
$3.8B
$-5.4B
Total Assets
$8.2B
$10.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
HUBB
HUBB
OTIS
OTIS
Q4 25
$497.9M
$1.1B
Q3 25
$680.9M
$840.0M
Q2 25
$399.6M
$688.0M
Q1 25
$360.3M
$1.9B
Q4 24
$345.0M
$2.3B
Q3 24
$445.6M
$827.0M
Q2 24
$406.5M
$942.0M
Q1 24
$400.3M
$884.0M
Total Debt
HUBB
HUBB
OTIS
OTIS
Q4 25
$7.8B
Q3 25
$1.4B
$7.7B
Q2 25
$1.4B
$7.2B
Q1 25
$1.4B
$8.4B
Q4 24
$1.4B
$8.3B
Q3 24
$1.7B
$6.9B
Q2 24
$1.9B
$6.8B
Q1 24
$1.9B
$6.8B
Stockholders' Equity
HUBB
HUBB
OTIS
OTIS
Q4 25
$3.8B
$-5.4B
Q3 25
$3.7B
$-5.4B
Q2 25
$3.5B
$-5.4B
Q1 25
$3.3B
$-5.1B
Q4 24
$3.3B
$-4.8B
Q3 24
$3.2B
$-4.9B
Q2 24
$3.1B
$-5.0B
Q1 24
$2.9B
$-5.0B
Total Assets
HUBB
HUBB
OTIS
OTIS
Q4 25
$8.2B
$10.7B
Q3 25
$7.5B
$10.8B
Q2 25
$7.1B
$10.5B
Q1 25
$6.9B
$11.2B
Q4 24
$6.7B
$11.3B
Q3 24
$6.9B
$10.3B
Q2 24
$6.9B
$9.9B
Q1 24
$6.9B
$9.8B
Debt / Equity
HUBB
HUBB
OTIS
OTIS
Q4 25
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.44×
Q4 24
0.44×
Q3 24
0.51×
Q2 24
0.63×
Q1 24
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
HUBB
HUBB
OTIS
OTIS
Operating Cash FlowLast quarter
$447.5M
$817.0M
Free Cash FlowOCF − Capex
$388.8M
$772.0M
FCF MarginFCF / Revenue
26.0%
20.3%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
3.9%
1.2%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
2.06×
2.18×
TTM Free Cash FlowTrailing 4 quarters
$874.7M
$1.4B

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
HUBB
HUBB
OTIS
OTIS
Q4 25
$447.5M
$817.0M
Q3 25
$284.3M
$374.0M
Q2 25
$260.6M
$215.0M
Q1 25
$37.4M
$190.0M
Q4 24
$432.4M
$690.0M
Q3 24
$227.0M
$394.0M
Q2 24
$239.6M
$308.0M
Q1 24
$92.2M
$171.0M
Free Cash Flow
HUBB
HUBB
OTIS
OTIS
Q4 25
$388.8M
$772.0M
Q3 25
$253.8M
$337.0M
Q2 25
$220.7M
$179.0M
Q1 25
$11.4M
$156.0M
Q4 24
$364.4M
$651.0M
Q3 24
$188.8M
$362.0M
Q2 24
$205.7M
$284.0M
Q1 24
$51.9M
$140.0M
FCF Margin
HUBB
HUBB
OTIS
OTIS
Q4 25
26.0%
20.3%
Q3 25
16.9%
9.1%
Q2 25
14.9%
5.0%
Q1 25
0.8%
4.7%
Q4 24
27.3%
17.7%
Q3 24
13.1%
10.2%
Q2 24
14.2%
7.9%
Q1 24
3.7%
4.1%
Capex Intensity
HUBB
HUBB
OTIS
OTIS
Q4 25
3.9%
1.2%
Q3 25
2.0%
1.0%
Q2 25
2.7%
1.0%
Q1 25
1.9%
1.0%
Q4 24
5.1%
1.1%
Q3 24
2.6%
0.9%
Q2 24
2.3%
0.7%
Q1 24
2.9%
0.9%
Cash Conversion
HUBB
HUBB
OTIS
OTIS
Q4 25
2.06×
2.18×
Q3 25
1.11×
1.00×
Q2 25
1.07×
0.55×
Q1 25
0.22×
0.78×
Q4 24
2.19×
2.05×
Q3 24
1.03×
0.73×
Q2 24
1.12×
0.74×
Q1 24
0.62×
0.48×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

HUBB
HUBB

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

OTIS
OTIS

Services$2.5B66%
New Equipment$1.3B34%

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