Hubbell Incorporated management check
HUBB · Industrials · Industrial Machinery & Supplies & Components · CEO Gerben W. Bakker
Filings as of
4 good · 3 to watch · 0 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $308, against $223 for the peer group the company picked itself.
- Watch
Does pay follow performance?
Pay only loosely tracked returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.21 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
1.2% of net income$10.3m of reported pay in fiscal 2025, against $887.1m of net income.
- Watch
Do they own the stock?
CEO stake ≈ 4.1 years of payThe CEO holds 81,760 shares, directly or through trusts (unvested awards not counted): about 4.1 years of pay. Light activity: no buys, $284k sold in six months.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -0.5% a year over the last three fiscal years. Stock-based pay was 0.6% of revenue in the latest year.
- Good
Is leadership stable?
5 leadership filings in 3 yearsCEO in the pay table: Gerben W. Bakker. 5 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 98 | 55 | |
| Pay for performance | 61 | 86 | |
| CEO cost | 44 | 48 | |
| Skin in the game | 65 | 55 | |
| Dilution | 56 | 62 | |
| Stable leadership | 100 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Others in Industrial Machinery & Supplies & Components, by management score. Hubbell Incorporated is 17th of 81 in its sector.
- 120HUBBHubbell Incorporated75
- 123GWWW. W. Grainger74
- 151PHParker Hannifin72
- 170OTISOtis Worldwide71
- 179SNASnap-on70
- 196DOVDover Corporation69
- 197IRIngersoll Rand69
- 213PNRPentair68
- 286XYLXylem Inc.62
- 293NDSNNordson Corporation62
Pay versus performance
From the proxy statement filed March 23, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Gerben W. Bakker | $10.3m | $11.6m | $2.8m | $308 | $223 | $887.1m |
| 2024 | Gerben W. Bakker | $9.3m | $23.3m | $2.7m | $286 | $168 | $777.8m |
| 2023 | Gerben W. Bakker | $9.7m | $25.2m | $2.8m | $222 | $127 | $759.8m |
| 2022 | Gerben W. Bakker | $8.1m | $16.3m | $2.3m | $156 | $101 | $511.3m |
| 2021 | Gerben W. Bakker | $6.1m | $12.2m | $2.2m | $136 | $124 | $365.0m |
The board says pay is tied most to Adjusted Diluted EPS. Its other key measures: Adjusted Diluted Earnings Per Share (EPS), Relative Sales Growth, Adjusted Operating Profit Margin, Relative Total Shareholder Return.
Insiders and the CEO's stake
Gerben Bakker (Chairman, President & CEO) held 81,760 shares directly after their latest Form 4 on May 5, 2026, roughly $42.0m at that filing's price.
Light activity: no buys, $284k sold in six months.
- SoldNero Jonathan M. DelVice President, Controller$284kAug 11, 2026
Leadership and governance on file
- Sep 10, 2025Leadership change8-K 5.02
- Aug 29, 2025Leadership change8-K 5.02
- May 7, 2025Leadership change8-K 5.02
- Nov 19, 2024Leadership change8-K 5.02
- Jan 30, 2024Leadership change8-K 5.02
- Jun 29, 2023Leadership change8-K 5.02
- Jun 9, 2023Leadership change8-K 5.02
- Dec 30, 2022Leadership change8-K 5.02
- Sep 27, 2022Leadership change8-K 5.02
- Feb 15, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 6, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $488.2m returned to owners in buybacks and dividends, 15% of net income, and $132.1m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.2bn | $4.9bn | $5.4bn | $5.6bn | $5.8bn |
| Net income | $399.5m | $545.9m | $751.4m | $779.0m | $887.1m |
| Stock-based pay | $17.5m | $24.5m | $26.5m | $30.6m | $33.0m |
| Buybacks | $11.2m | $182.0m | $30.0m | $40.0m | $225.0m |
| Dividends | — | — | — | — | — |
| Diluted shares | 55m | 54m | 54m | 54m | 54m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.