NASDAQ : HUBG
Hub Group, Inc. — Financial statements
Industrials · Integrated Freight & Logistics · United States
Last price 26.71 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.63B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Hub Group, Inc. (HUBG) reported revenue of 3.73B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | 3.73B | 3.95B | 4.20B | 5.34B | 4.23B | 3.50B |
| Cost of Revenue | 3.30B | 3.51B | 3.70B | 4.58B | 3.76B | 3.07B |
| Gross Profit | 424.25M | 438.36M | 503.66M | 760.98M | 470.26M | 425.44M |
| Selling, General & Admin | 149.88M | 155.08M | 152.73M | 172.77M | 134.51M | 287.37M |
| Operating Expenses | 279.22M | 296.55M | 296.26M | 304.56M | 250.98M | 318.61M |
| Operating Income | 145.04M | 141.82M | 207.41M | 456.42M | 219.28M | 106.83M |
| Interest Expense | -12.71M | -14.46M | -13.44M | -7.51M | -7.31M | -9.34M |
| Interest & Investment Income | 5.07M | 6.89M | 10.01M | 874.00K | 5.00K | |
| Other Non Operating Income (Expenses) | 1.85M | -167.00K | 397.00K | -131.00K | -245.00K | -383.00K |
| EBT Excluding Unusual Items | 139.25M | 134.07M | 204.38M | 449.66M | 211.74M | 97.10M |
| Merger & Restructuring Charges | -2.80M | -2.80M | -1.00M | |||
| Gain (Loss) on Sale of Assets | 417.00K | 1.27M | 6.83M | 24.18M | 19.17M | |
| Asset Writedown | -2.01M | -5.87M | ||||
| Pretax Income | 136.86M | 132.55M | 209.20M | 467.96M | 230.91M | 96.10M |
| Income Tax Expense | 31.34M | 28.50M | 41.68M | 111.01M | 59.44M | 22.54M |
| Earnings From Continuing Operations | 105.53M | 104.04M | 167.53M | 356.95M | 171.47M | 73.56M |
| Net Income to Company | 105.53M | 104.04M | 167.53M | 356.95M | 171.47M | 73.56M |
| Minority Interest in Earnings | -555.00K | -50.00K | ||||
| Net Income | 104.97M | 103.99M | 167.53M | 356.95M | 171.47M | 73.56M |
| Net Income to Common | 104.97M | 103.99M | 167.53M | 356.95M | 171.47M | 73.56M |
| Shares Outstanding (Basic) | 60.07M | 60.62M | 63.32M | 66.42M | 66.87M | 66.36M |
| Shares Outstanding (Diluted) | 60.41M | 61.10M | 63.95M | 67.12M | 67.78M | 67.09M |
| EPS (Basic) | 1.75 | 1.72 | 2.65 | 5.37 | 2.56 | 1.11 |
| EPS (Diluted) | 1.74 | 1.70 | 2.62 | 5.32 | 2.53 | 1.09 |
| Free Cash Flow | 59.99M | 143.57M | 282.09M | 239.02M | 119.88M | 59.65M |
| Free Cash Flow Per Share | 0.99 | 2.35 | 4.41 | 3.56 | 1.77 | 0.89 |
| Dividend Per Share | 0.50 | 0.50 | ||||
| Gross Margin | 11.38% | 11.11% | 11.98% | 14.25% | 11.11% | 12.17% |
| Operating Margin | 3.89% | 3.59% | 4.93% | 8.55% | 5.18% | 3.06% |
| Profit Margin | 2.81% | 2.63% | 3.99% | 6.68% | 4.05% | 2.10% |
| Free Cash Flow Margin | 1.61% | 3.64% | 6.71% | 4.48% | 2.83% | 1.71% |
| EBITDA | 332.96M | 334.38M | 391.86M | 610.14M | 349.91M | 230.50M |
| EBITDA Margin | 8.93% | 8.47% | 9.32% | 11.43% | 8.27% | 6.59% |
| D&A For EBITDA | 187.92M | 192.56M | 184.45M | 153.73M | 130.63M | 123.68M |
| EBIT | 145.04M | 141.82M | 207.41M | 456.42M | 219.28M | 106.83M |
| EBIT Margin | 3.89% | 3.59% | 4.93% | 8.55% | 5.18% | 3.06% |
| Effective Tax Rate | 22.90% | 21.50% | 19.92% | 23.72% | 25.74% | 23.46% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 119.70M | 98.25M | 187.27M | 286.64M | 159.78M | 124.51M |
| Cash & Short-Term Investments | 119.70M | 98.25M | 187.27M | 286.64M | 159.78M | 124.51M |
| Accounts Receivable | 592.20M | 581.52M | 600.20M | 716.19M | 701.51M | 518.98M |
| Other Receivables | 13.58M | 10.88M | 3.36M | 3.97M | 3.02M | 1.26M |
| Receivables | 605.78M | 592.40M | 603.55M | 720.16M | 704.53M | 520.24M |
| Prepaid Expenses | 36.05M | 48.98M | 58.42M | 49.90M | 29.97M | 28.09M |
| Restricted Cash | 26.81M | 28.70M | ||||
| Total Current Assets | 788.33M | 768.33M | 849.25M | 1.06B | 894.29M | 672.84M |
| Property, Plant & Equipment | 996.54M | 974.61M | 1.00B | 886.99M | 726.74M | 718.23M |
| Goodwill | 818.15M | 814.31M | 733.70M | 629.40M | 576.91M | 508.56M |
| Other Intangible Assets | 251.89M | 280.56M | 316.61M | 208.79M | 209.07M | 177.85M |
| Other Long-Term Assets | 45.81M | 30.54M | 31.54M | 28.20M | 30.28M | 27.92M |
| Total Assets | 2.90B | 2.87B | 2.94B | 2.81B | 2.44B | 2.11B |
| Accounts Payable | 243.41M | 279.98M | 349.38M | 344.75M | 424.92M | 285.32M |
| Accrued Expenses | 120.18M | 124.27M | 142.98M | 198.99M | 139.76M | 125.66M |
| Current Portion of Long-Term Debt | 94.52M | 100.00M | 105.11M | 101.74M | 97.27M | 93.56M |
| Current Portion of Leases | 46.64M | 46.16M | 46.27M | 30.72M | 12.62M | 11.89M |
| Other Current Liabilities | 30.24M | 29.07M | 14.47M | 15.56M | 12.49M | 12.68M |
| Total Current Liabilities | 535.00M | 579.48M | 658.21M | 691.77M | 687.07M | 529.11M |
| Long-Term Debt | 160.48M | 164.36M | 245.57M | 240.72M | 177.48M | 176.80M |
| Long-Term Leases | 197.12M | 197.99M | 178.56M | 78.56M | 34.92M | 36.34M |
| Long-Term Deferred Tax Liabilities | 172.20M | 152.91M | 163.77M | 155.92M | 155.94M | 162.32M |
| Other Long-Term Liabilities | 80.36M | 81.64M | 55.29M | 43.51M | 41.57M | 42.91M |
| Total Liabilities | 1.15B | 1.18B | 1.30B | 1.21B | 1.10B | 947.47M |
| Common Stock | 729.00K | 729.00K | 761.00K | 761.00K | 419.00K | 419.00K |
| Additional Paid-In Capital | 222.45M | 222.04M | 209.83M | 207.82M | 189.26M | 186.06M |
| Retained Earnings | 2.08B | 2.02B | 1.95B | 1.78B | 1.42B | 1.25B |
| Treasury Stock | -605.19M | -598.58M | -524.93M | -374.89M | -258.33M | -266.06M |
| Comprehensive Income & Other | 4.25M | -1.45M | -129.00K | -15.67M | -15.66M | -15.65M |
| Total Common Equity | 1.70B | 1.64B | 1.63B | 1.60B | 1.34B | 1.16B |
| Minority Interest | 53.14M | 46.95M | ||||
| Shareholders' Equity | 1.76B | 1.69B | 1.63B | 1.60B | 1.34B | 1.16B |
| Total Liabilities & Equity | 2.90B | 2.87B | 2.94B | 2.81B | 2.44B | 2.11B |
| Total Debt | 498.76M | 508.51M | 575.51M | 451.74M | 322.28M | 318.58M |
| Net Cash (Debt) | -379.06M | -410.26M | -388.25M | -165.10M | -162.50M | -194.07M |
| Net Cash Per Share | -6.27 | -6.71 | -6.07 | -2.46 | -2.40 | -2.89 |
| Filing Date Shares Outstanding | 61.15M | 61.50M | 63.40M | 66.76M | 69.38M | 68.87M |
| Total Common Shares Outstanding | 61.18M | 61.32M | 63.35M | 66.44M | 69.14M | 68.42M |
| Working Capital | 253.33M | 188.85M | 191.03M | 364.93M | 207.22M | 143.73M |
| Book Value Per Share | 27.83 | 26.83 | 25.80 | 24.07 | 19.39 | 16.92 |
| Tangible Book Value | 632.37M | 550.13M | 584.34M | 761.41M | 554.33M | 471.51M |
| Tangible Book Value Per Share | 10.34 | 8.97 | 9.22 | 11.46 | 8.02 | 6.89 |
| Land | 24.72M | 24.72M | 24.72M | 24.72M | 24.71M | |
| Buildings | 91.11M | 90.26M | 90.23M | 36.62M | 36.65M | |
| Machinery | 1.23B | 1.24B | 1.17B | 1.03B | 1.02B | |
| Construction In Progress | 902.00K | 45.25M | 33.47M | |||
| Leasehold Improvements | 15.54M | 14.26M | 9.85M | 7.96M | 7.69M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Net Income | 104.97M | 103.99M | 167.53M | 356.95M | 171.47M | 73.56M |
| Depreciation & Amortization | 187.92M | 192.56M | 184.45M | 153.73M | 130.63M | 123.68M |
| Loss (Gain) From Sale of Assets | -416.00K | -1.27M | -6.83M | -24.18M | -19.17M | 907.00K |
| Asset Writedown & Restructuring Costs | 2.01M | 5.87M | ||||
| Stock-Based Compensation | 18.85M | 19.16M | 21.35M | 20.43M | 20.06M | 17.05M |
| Other Operating Activities | 4.73M | -13.76M | 9.59M | 4.45M | -3.99M | 13.85M |
| Change in Accounts Receivable | 575.00K | 33.65M | 145.09M | 8.30M | -115.57M | -47.22M |
| Change in Accounts Payable | -81.41M | -73.90M | 1.22M | -89.10M | 78.45M | 5.59M |
| Change in Income Taxes | -528.00K | 3.37M | -344.00K | -14.80M | -856.00K | -707.00K |
| Change in Other Net Operating Assets | -74.47M | -69.37M | -101.89M | 36.52M | -8.18M | -11.76M |
| Operating Cash Flow | 160.24M | 194.42M | 422.16M | 458.16M | 252.84M | 174.95M |
| Capital Expenditures | -100.24M | -50.85M | -140.07M | -219.14M | -132.95M | -115.31M |
| Sale of Property, Plant & Equipment | 9.20M | 12.16M | 27.72M | 42.93M | 45.18M | 3.29M |
| Cash Acquisitions | -19.60M | -14.64M | -260.81M | -102.66M | -122.36M | -84.84M |
| Investing Cash Flow | -110.64M | -53.33M | -373.16M | -278.87M | -210.13M | -196.86M |
| Long-Term Debt Issued | 17.76M | 113.99M | 179.19M | 112.00M | 187.47M | |
| Long-Term Debt Repaid | -108.70M | -108.48M | -113.58M | -110.29M | -201.81M | |
| Net Debt Issued (Repaid) | -35.87M | -90.94M | 5.51M | 65.62M | 1.71M | -14.33M |
| Repurchase of Common Stock | -22.31M | -79.06M | -153.92M | -118.08M | -9.12M | -7.96M |
| Common Dividends Paid | -30.01M | -30.25M | ||||
| Other Financing Activities | -1.09M | -1.09M | ||||
| Financing Cash Flow | -89.28M | -201.33M | -148.41M | -52.46M | -7.41M | -22.30M |
| Foreign Exchange Rate Adjustments | 51.00K | -89.00K | 40.00K | 26.00K | -10.00K | -20.00K |
| Net Cash Flow | -39.63M | -60.32M | -99.37M | 126.86M | 35.28M | -44.22M |
| Free Cash Flow | 59.99M | 143.57M | 282.09M | 239.02M | 119.88M | 59.65M |
| Free Cash Flow Margin | 1.61% | 3.64% | 6.71% | 4.48% | 2.83% | 1.71% |
| Free Cash Flow Per Share | 0.99 | 2.35 | 4.41 | 3.56 | 1.77 | 0.89 |
| Levered Free Cash Flow | 59.15M | 158.85M | 242.57M | 182.15M | 117.57M | 32.11M |
| Unlevered Free Cash Flow | 67.09M | 167.89M | 250.97M | 186.85M | 122.13M | 37.95M |
| Cash Interest Paid | 12.47M | 14.60M | 12.51M | 7.99M | 7.60M | 9.46M |
| Cash Income Tax Paid | 26.80M | 38.20M | 34.88M | 128.81M | 58.59M | 18.39M |
| Change in Working Capital | -155.83M | -106.26M | 44.07M | -59.08M | -46.16M | -54.09M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.68B | 2.73B | 2.92B | 2.64B | 2.92B | 1.95B |
| Enterprise Value | 2.06B | 3.07B | 3.07B | 2.86B | 2.99B | 2.04B |
| Last Close Price | 26.71 | 43.51 | 44.39 | 38.38 | 40.67 | 27.52 |
| PE Ratio | 15.84 | 26.29 | 17.43 | 7.40 | 17.01 | 26.47 |
| Forward PE | 13.33 | 20.42 | 17.77 | 9.58 | 17.12 | 19.93 |
| PS Ratio | 0.46 | 0.69 | 0.69 | 0.49 | 0.69 | 0.56 |
| PB Ratio | 0.96 | 1.62 | 1.79 | 1.65 | 2.18 | 1.68 |
| P/TBV Ratio | 2.68 | 4.97 | 5.00 | 3.47 | 5.26 | 4.13 |
| P/FCF Ratio | 28.29 | 19.05 | 10.35 | 11.05 | 24.33 | 32.64 |
| P/OCF Ratio | 10.59 | 14.06 | 6.92 | 5.76 | 11.54 | 11.13 |
| PEG Ratio | 0.81 | 1.09 | 27.93 | 0.60 | 0.44 | 2.85 |
| EV/Sales Ratio | 0.56 | 0.78 | 0.73 | 0.54 | 0.71 | 0.58 |
| EV/EBITDA Ratio | 6.24 | 9.19 | 7.85 | 4.68 | 8.54 | 8.83 |
| EV/EBIT Ratio | 14.31 | 21.67 | 14.82 | 6.26 | 13.64 | 19.06 |
| EV/FCF Ratio | 34.61 | 21.41 | 10.90 | 11.96 | 24.94 | 34.14 |
| Debt / Equity Ratio | 0.28 | 0.30 | 0.35 | 0.28 | 0.24 | 0.28 |
| Debt / EBITDA Ratio | 1.24 | 1.29 | 1.31 | 0.72 | 0.89 | 1.32 |
| Debt / FCF Ratio | 8.31 | 3.54 | 2.04 | 1.89 | 2.69 | 5.34 |
| Net Debt / Equity Ratio | 0.22 | 0.24 | 0.24 | 0.10 | 0.12 | 0.17 |
| Net Debt / EBITDA Ratio | 1.14 | 1.23 | 0.99 | 0.27 | 0.46 | 0.84 |
| Net Debt / FCF Ratio | 6.32 | 2.86 | 1.38 | 0.69 | 1.35 | 3.25 |
| Asset Turnover | 1.30 | 1.36 | 1.46 | 2.04 | 1.86 | 1.71 |
| Quick Ratio | 1.36 | 1.19 | 1.20 | 1.46 | 1.26 | 1.22 |
| Current Ratio | 1.47 | 1.33 | 1.29 | 1.53 | 1.30 | 1.27 |
| Return on Equity (ROE) | 6.24% | 6.25% | 10.36% | 24.28% | 13.73% | 6.59% |
| Return on Assets (ROA) | 3.16% | 3.05% | 4.51% | 10.87% | 6.03% | 3.26% |
| Return on Invested Capital (ROIC) | 5.34% | 5.40% | 8.77% | 21.31% | 11.41% | 6.33% |
| Return on Capital Employed (ROCE) | 6.10% | 6.20% | 9.10% | 21.50% | 12.50% | 6.80% |
| Earnings Yield | 6.31% | 3.80% | 5.74% | 13.51% | 5.88% | 3.78% |
| FCF Yield | 3.54% | 5.25% | 9.66% | 9.05% | 4.11% | 3.06% |
| Dividend Yield | 1.81% | 1.12% | ||||
| Payout Ratio | 28.74% | 29.09% | ||||
| Buyback Yield / Dilution | 1.88% | 4.46% | 4.71% | 0.98% | -1.04% | -0.19% |
| Total Shareholder Return | 3.69% | 5.58% | 4.71% | 0.98% | -1.04% | -0.19% |