Hub Group Financial Statements
NASDAQ: HUBGIndustrialsIntegrated Freight & LogisticsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hub Group revenue and earnings
In fiscal 2024, Hub Group generated $3.95 billion in revenue, down 6.1% from fiscal 2023, its first annual decline since 2023. Net income was $104.0 million (-37.9% year over year), for a net margin of 2.6% versus a median of 4.0% in the prior 5 years. Operating margin was 3.6%.
Diluted earnings per share came in at $1.70, down from $2.62. Over the last 5 fiscal years, HUBG's revenue has grown at a 1.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Hub Group income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 | FY 20152015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.95B | 4.20B | 5.34B | 4.23B | 3.50B | 3.67B | 3.68B | 3.12B | 2.75B | 3.53B |
| Revenue growth (YoY) | -6.10% | -21.31% | +26.18% | +21.08% | -4.70% | -0.42% | +17.95% | +13.55% | -21.99% | -1.27% |
| Cost of Revenue | — | — | 4.45B | 3.63B | 3.07B | 3.15B | 3.24B | 2.79B | 2.42B | 3.11B |
| Gross Profit | — | — | 889.50M | 599.64M | 425.44M | 521.07M | 445.60M | 337.63M | 331.32M | 412.69M |
| Operating Expenses | 3.81B | 3.99B | 4.87B | 3.99B | 319.61M | 368.65M | 320.68M | 264.96M | 234.76M | 295.67M |
| Operating Income | 140.29M | 212.23M | 474.72M | 238.46M | 105.83M | 152.42M | 124.92M | 72.67M | 96.56M | 117.03M |
| Interest Expense | 14.46M | 13.44M | 7.51M | 7.31M | 9.34M | 10.99M | 9.61M | 6.75M | 3.63M | 2.97M |
| Other Income (Expense) | -7.75M | -3.03M | -6.76M | -7.55M | -9.73M | -8.55M | -8.19M | -5.74M | -2.53M | -5.45M |
| Pretax Income | 132.55M | 209.20M | 467.96M | 230.91M | 96.10M | 143.87M | 116.72M | 66.93M | 94.03M | 111.58M |
| Income Tax | 28.50M | 41.68M | 111.01M | 59.44M | 22.54M | 36.70M | 29.06M | -53.08M | 36.38M | 40.63M |
| Net Income | 103.99M | 167.53M | 356.95M | 171.47M | 73.56M | 107.17M | 201.74M | 135.15M | 74.81M | 70.95M |
| Net Income growth (YoY) | -37.93% | -53.07% | +108.16% | +133.11% | -31.36% | -46.88% | +49.27% | +80.67% | +5.43% | +37.61% |
| EPS (Basic) | 1.72 | 2.65 | 5.37 | 2.56 | 2.22 | 3.22 | 6.04 | 4.07 | 2.21 | 1.98 |
| EPS (Diluted) | 1.70 | 2.62 | 5.32 | 2.53 | 2.19 | 3.20 | 6.01 | 4.05 | 2.20 | 1.97 |
| Shares Outstanding (Basic) | 60.62K | 63.32K | 66.42K | 66.87K | 33.18K | 33.28K | 33.39M | 33.22M | 33.84M | 35.88M |
| Shares Outstanding (Diluted) | 61.10K | 63.95K | 67.12K | 67.78K | 33.54K | 33.48K | 33.56M | 33.35M | 33.95M | 35.97M |
| EBITDA | 332.85M | 396.68M | 628.45M | 369.09M | 229.50M | 269.31M | 208.83M | 134.84M | 141.27M | 154.07M |
| Gross Margin | — | — | 16.66% | 14.17% | 12.17% | 14.21% | 12.10% | 10.81% | 12.05% | 11.71% |
| Operating Margin | 3.55% | 5.05% | 8.89% | 5.63% | 3.03% | 4.16% | 3.39% | 2.33% | 3.51% | 3.32% |
| Net Margin | 2.64% | 3.99% | 6.68% | 4.05% | 2.10% | 2.92% | 5.48% | 4.33% | 2.72% | 2.01% |
This table shows 10 annual periods of Hub Group's income statement, from FY 2024 back to FY 2015, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow HUBG's reporting calendar. What is a income statement?