0001628280-26-007500 | 10-K | XBRL Viewer

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Leases - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
Leases - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Lessee, Lease, Description [Line Items]
Term of leases (in years)	10 years
Options to extend, term (in years)	5 years
Termination period (in years)	1 year
Operating lease expense	$ 45.3	$ 41.9	$ 37.7
Cash outflow for operating leases	44.6	41.6	$ 34.8
Right-of-use assets obtained in exchange for operating lease liabilities	$ 48.4	$ 37.5
Operating lease, weighted average remaining lease term (in years)	4 years 9 months 18 days	4 years 8 months 12 days
Operating lease, weighted average discount rate (as a percent)	4.30%	3.80%
2025 Acquisitions
Lessee, Lease, Description [Line Items]
Right-of-use assets obtained in exchange for operating lease liabilities	$ 5.3

Restructuring Costs - Schedule of Reserve (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	$ 4.6
Pre-tax Restructuring Costs	12.0	$ 12.8	$ 5.4
Utilization and Foreign Exchange	(11.9)
Ending Accrued Restructuring Balance	4.7	4.6
2025 Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	0.0
Pre-tax Restructuring Costs	9.1
Utilization and Foreign Exchange	(8.5)
Ending Accrued Restructuring Balance	0.6	0.0
2024 and Prior Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	4.6
Pre-tax Restructuring Costs	2.9
Utilization and Foreign Exchange	(3.4)
Ending Accrued Restructuring Balance	4.1	4.6
Severance \| 2025 Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	0.0
Pre-tax Restructuring Costs	4.6
Utilization and Foreign Exchange	(4.0)
Ending Accrued Restructuring Balance	0.6	0.0
Severance \| 2024 and Prior Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	4.5
Pre-tax Restructuring Costs	0.5
Utilization and Foreign Exchange	(1.4)
Ending Accrued Restructuring Balance	3.6	4.5
Asset write-downs \| 2025 Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	0.0
Pre-tax Restructuring Costs	1.6
Utilization and Foreign Exchange	(1.6)
Ending Accrued Restructuring Balance	0.0	0.0
Asset write-downs \| 2024 and Prior Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	0.0
Pre-tax Restructuring Costs	0.0
Utilization and Foreign Exchange	0.0
Ending Accrued Restructuring Balance	0.0	0.0
Facility closure and other costs \| 2025 Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	0.0
Pre-tax Restructuring Costs	2.9
Utilization and Foreign Exchange	(2.9)
Ending Accrued Restructuring Balance	0.0	0.0
Facility closure and other costs \| 2024 and Prior Restructuring Actions
Restructuring Reserve [Roll Forward]
Beginning Accrued Restructuring Balance	0.1
Pre-tax Restructuring Costs	2.4
Utilization and Foreign Exchange	(2.0)
Ending Accrued Restructuring Balance	$ 0.5	$ 0.1

- Definition

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.

+ References + Details

Significant Accounting Policies - Schedule of Change in Accounting Principle (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Jan. 01, 2023
Consolidated Statement of Income
Net sales	$ 1,492.7	$ 1,502.4	$ 1,484.3	$ 1,365.2	$ 1,334.3	$ 1,442.6	$ 1,452.5	$ 1,399.1	$ 5,844.6	$ 5,628.5	$ 5,372.9
Cost of goods sold	967.6	958.1	932.2	922.6	882.1	936.6	938.7	965.5	3,780.5	3,722.9	3,495.9
Operating Income									1,208.8	1,093.1	1,027.4
Income before income taxes									1,119.1	1,006.8	972.2
Provision for income taxes									227.2	222.1	214.6
Net income	225.2	256.7	245.5	164.5	199.4	227.8	219.1	138.4	891.9	784.7	757.6
Less: Net income attributable to noncontrolling interest									(4.8)	(5.7)	(6.2)
Net income attributable to Hubbell Incorporated	$ 224.2	$ 255.5	$ 244.2	$ 163.2	$ 198.2	$ 226.2	$ 217.5	$ 137.1	$ 887.1	$ 779.0	$ 751.4
Earnings per share:
Basic earnings per share (USD per share)	$ 4.21	$ 4.80	$ 4.58	$ 3.04	$ 3.69	$ 4.21	$ 4.04	$ 2.55	$ 16.63	$ 14.49	$ 13.98
Diluted earnings per share (USD per share)	$ 4.19	$ 4.77	$ 4.56	$ 3.03	$ 3.66	$ 4.18	$ 4.01	$ 2.53	$ 16.54	$ 14.39	$ 13.89
Condensed Balance Sheet
Inventories, net	$ 1,083.8				$ 1,010.4				$ 1,083.8	$ 1,010.4
Total Current Assets	2,594.0				2,257.9				2,594.0	2,257.9
TOTAL ASSETS	8,228.8				6,847.7				8,228.8	6,847.7	$ 7,081.1
Other accrued liabilities	450.7				372.4				450.7	372.4
Total Current Liabilities	1,508.7				1,274.2				1,508.7	1,274.2
Other Non-Current Liabilities	825.9				720.2				825.9	720.2
TOTAL LIABILITIES	4,370.9				3,437.1				4,370.9	3,437.1
Hubbell Incorporated Shareholders' Equity	3,847.9				3,396.2				3,847.9	3,396.2
TOTAL EQUITY	3,857.9				3,410.6				3,857.9	3,410.6
TOTAL LIABILITIES AND EQUITY	8,228.8				6,847.7				8,228.8	6,847.7
Condensed Statement of Cash Flows
Net income	225.2	$ 256.7	$ 245.5	$ 164.5	199.4	$ 227.8	$ 219.1	$ 138.4	891.9	784.7	757.6
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:
Deferred income taxes									11.0	2.0	(18.9)
Changes in assets and liabilities, net of acquisitions:
(Increase) Decrease in inventories, net									(32.3)	(24.2)	(31.0)
Net cash provided by operating activities									1,029.8	991.2	880.8
As Computed Under LIFO
Consolidated Statement of Income
Net sales									5,844.6	5,628.5	5,372.9
Cost of goods sold									3,843.2	3,724.4	3,484.8
Operating Income									1,146.1	1,091.6	1,038.5
Income before income taxes									1,056.4	1,005.3	983.3
Provision for income taxes									212.3	221.8	217.3
Net income									844.1	783.5	766.0
Less: Net income attributable to noncontrolling interest									(4.8)	(5.7)	(6.2)
Net income attributable to Hubbell Incorporated									$ 839.3	$ 777.8	$ 759.8
Earnings per share:
Basic earnings per share (USD per share)									$ 15.73	$ 14.46	$ 14.14
Diluted earnings per share (USD per share)									$ 15.65	$ 14.37	$ 14.05
Condensed Balance Sheet
Inventories, net	852.5				841.8				$ 852.5	$ 841.8
Total Current Assets	2,362.7				2,089.3				2,362.7	2,089.3
TOTAL ASSETS	7,997.5				6,679.1				7,997.5	6,679.1
Other accrued liabilities	422.6				372.4				422.6	372.4
Total Current Liabilities	1,480.6				1,274.2				1,480.6	1,274.2
Other Non-Current Liabilities	798.4				679.5				798.4	679.5
TOTAL LIABILITIES	4,315.3				3,396.4				4,315.3	3,396.4
Hubbell Incorporated Shareholders' Equity	3,672.2				3,268.3				3,672.2	3,268.3
TOTAL EQUITY	3,682.2				3,282.7				3,682.2	3,282.7
TOTAL LIABILITIES AND EQUITY	7,997.5				6,679.1				7,997.5	6,679.1
Condensed Statement of Cash Flows
Net income									844.1	783.5	$ 766.0
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:
Deferred income taxes										1.7	(16.2)
Changes in assets and liabilities, net of acquisitions:
(Increase) Decrease in inventories, net										(22.7)	(42.1)
Net cash provided by operating activities										991.2	880.8
Impact of Change
Consolidated Statement of Income
Net sales									0.0	0.0	0.0
Cost of goods sold									(62.7)	(1.5)	11.1
Operating Income									62.7	1.5	(11.1)
Income before income taxes									62.7	1.5	(11.1)
Provision for income taxes									14.9	0.3	(2.7)
Net income									47.8	1.2	(8.4)
Less: Net income attributable to noncontrolling interest									0.0	0.0	0.0
Net income attributable to Hubbell Incorporated									$ 47.8	$ 1.2	$ (8.4)
Earnings per share:
Basic earnings per share (USD per share)									$ 0.90	$ 0.03	$ (0.16)
Diluted earnings per share (USD per share)									$ 0.89	$ 0.02	$ (0.16)
Condensed Balance Sheet
Inventories, net	231.3				168.6				$ 231.3	$ 168.6		$ 178.2
Total Current Assets	231.3				168.6				231.3	168.6
TOTAL ASSETS	231.3				168.6				231.3	168.6
Other accrued liabilities	28.1				0.0				28.1	0.0
Total Current Liabilities	28.1				0.0				28.1	0.0
Other Non-Current Liabilities	27.5				40.7				27.5	40.7
TOTAL LIABILITIES	55.6				40.7				55.6	40.7
Hubbell Incorporated Shareholders' Equity	175.7				127.9				175.7	127.9
TOTAL EQUITY	175.7				127.9				175.7	127.9
TOTAL LIABILITIES AND EQUITY	$ 231.3				$ 168.6				231.3	168.6
Condensed Statement of Cash Flows
Net income									$ 47.8	1.2	$ (8.4)
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:
Deferred income taxes										0.3	(2.7)
Changes in assets and liabilities, net of acquisitions:
(Increase) Decrease in inventories, net										(1.5)	11.1
Net cash provided by operating activities										$ 0.0	$ 0.0

Earnings Per Share

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Earnings Per Share

The Company computes earnings per share using the two-class method, which is an earnings allocation formula that determines earnings per share for common stock and participating securities. Restricted stock granted by the Company is considered a participating security since it contains a non-forfeitable right to dividends.

The following table sets forth the computation of earnings per share for the three years ended December 31 (in millions, except per share amounts):


	2025		2024		2023
Numerator:
Net income attributable to Hubbell Incorporated	$	887.1	$	779.0	$	751.4
Less: Earnings allocated to participating securities	(1.5)		(1.5)		(1.8)
Net income available to common shareholders	$	885.6	$	777.5	$	749.6

Denominator:
Average number of common shares outstanding	53.2		53.7		53.6
Potential dilutive common shares	0.3		0.3		0.4
Average number of diluted shares outstanding	53.5		54.0		54.0

Earnings per share:
Basic earnings per share	$	16.63	$	14.49	$	13.98
Diluted earnings per share	$	16.54	$	14.39	$	13.89

The Company did not have any material anti-dilutive securities in 2025, 2024 or 2023.

Significant Accounting Policies

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

Principles of Consolidation

The Consolidated Financial Statements include all wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated. The Company participates in two joint ventures that have been consolidated in accordance with the consolidation accounting guidance. An analysis is performed to determine which reporting entity, if any, has a controlling financial interest in a variable interest entity (“VIE”) with a primarily qualitative analysis. The qualitative analysis is based on identifying the party that has both the power to direct the activities that most significantly impact the VIE’s economic performance (the “power criterion”) and the obligation to absorb losses from or the right to receive benefits of the VIE that could potentially be significant to the VIE (the “losses/benefit criterion”). The party that meets both these criteria is deemed to have a controlling financial interest. The party with the controlling financial interest is considered to be the primary beneficiary and as a result is required to consolidate the VIE. The Company has a 50% interest in a joint venture in Hong Kong, established as Hubbell Asia Limited (“HAL”). The principal objective of HAL is to manage the operations of its wholly-owned manufacturing company in China. Under the accounting guidance, the Company is the primary beneficiary of HAL and as a result consolidates HAL.

This determination is based on the fact that HAL’s sole business purpose is to manufacture product exclusively for the Company (the power criterion) and the Company is financially responsible for ensuring HAL maintains a fixed operating margin (the losses/benefit criterion). The consolidation of HAL is not material to the Company’s consolidated financial statements.

Use of Estimates

The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts in the Consolidated Financial Statements and accompanying Notes to Consolidated Financial Statements. Actual results could differ from the estimates that are used.

Revenue Recognition

The Company also has performance obligations, primarily within the Utility Solutions segment, that are recognized over time due to the customized nature of the product and the Company’s enforceable right to receive payment for work performed to date in the event of a cancellation. The Company uses an input measure to determine the extent of progress towards completion of the performance obligation, which the Company believes best depicts the transfer of control to the customer. Under this method, revenue recognition is based upon the ratio of costs incurred to date compared with estimated total costs to complete.

Revenue from service contracts and post-shipment performance obligations is approximately one percent of total annual consolidated net revenue and those service contracts and post-shipment obligations are primarily within the Utility Solutions segment. Revenue from service contracts and post-shipment performance obligations is recognized when or as those obligations are satisfied. The Company primarily offers assurance-type standard warranties that do not represent separate performance obligations and on occasion will separately offer and price extended warranties that are separate performance obligations for which the associated revenue is recognized over-time based on the extended warranty period. The Company records amounts billed to customers for reimbursement of shipping and handling costs within revenue. Shipping and handling costs associated with outbound freight after control over a product has transferred to a customer are accounted for as fulfillment costs and are included in cost of goods sold. Sales taxes and other usage-based taxes are excluded from revenue.

Certain businesses require a portion of the transaction price to be paid in advance of transfer of control. Advance payments are not considered a significant financing component as they are received less than one year before the related performance obligations are satisfied. In addition, in the Utility Solutions segment, certain businesses offer annual maintenance service contracts that require payment at the beginning of the contract period. These payments are treated as a contract liability and are classified in Other accrued liabilities in the Consolidated Balance Sheet. Once control transfers to the customer and the Company meets the revenue recognition criteria, the deferred revenue is recognized in the Consolidated Statement of Income. The deferred revenue relating to the annual maintenance service contracts is recognized in the Consolidated Statement of Income on a straight line basis over the expected term of the contract.

The Company has certain arrangements that require us to estimate at the time of sale the amounts of variable consideration that should not be recorded as revenue as certain amounts are not expected to be collected from customers, as well as an estimate of the value of the product to be returned. The Company principally relies on historical experience, specific customer agreements and anticipated future trends to estimate these amounts at the time of shipment and to reduce the transaction price. These arrangements include sales discounts and allowances based on sales volumes, specific programs and special pricing allowances, and returned goods, as are customary in the electrical products industry. Customer returns have historically been approximately 1% of gross sales.

Shipping and Handling Costs

The Company records shipping and handling costs as part of Cost of goods sold in the Consolidated Statement of Income.

Foreign Currency Translation

The assets and liabilities of international subsidiaries are translated to U.S. dollars at exchange rates in effect at the end of the year, and income and expense items are translated at average exchange rates in effect during the year. The effects of exchange rate fluctuations on the translated amounts of foreign currency assets and liabilities are included as translation adjustments in Accumulated other comprehensive loss within Hubbell shareholders’ equity. Gains and losses from foreign currency transactions are included in results of operations.

Cash and Cash Equivalents

The carrying value of cash equivalents approximates fair value. Cash equivalents consist of highly liquid investments with original maturities to the Company of three months or less.

Investments

Investments in debt and equity securities are classified by individual security as available-for-sale, held-to-maturity or trading securities. Our available-for-sale securities, consisting of municipal bonds, are carried on the balance sheet at fair value with current period adjustments to carrying value recorded in Accumulated other comprehensive loss within Hubbell shareholders’ equity, net of tax. Realized gains and losses are recorded in income in the period of sale. The Company’s trading securities are carried on the balance sheet at fair value and consist primarily of debt and equity mutual funds. Gains and losses associated with these trading securities are reflected in the results of operations. The Company did not have any investments classified as held-to-maturity as of December 31, 2025 and 2024.

Accounts Receivable and Allowances

Trade accounts receivable are recorded at the invoiced amount and generally do not bear interest. The allowance for doubtful accounts is based on an estimated amount of probable credit losses in existing accounts receivable. The allowance is calculated based upon a combination of historical write-off experience, fixed percentages applied to aging categories and specific identification based upon a review of past due balances and problem accounts. Account balances are charged off against the allowance when it is determined that internal collection efforts should no longer be pursued. The Company also maintains a reserve for credit memos and cash discounts which are principally calculated based upon historical experience, specific customer agreements, and anticipated future trends.

Inventories

Inventories are stated at the lower of cost and net realizable value. The cost of foreign inventories and domestic inventories is determined utilizing first-in, first-out (FIFO) or average cost methods of inventory accounting. Reserves for excess and obsolete inventory are provided based on current assessments about future demand compared to on-hand quantities.

In the second quarter of 2025, the Company elected to change its method of accounting for certain inventory in the U.S. from last in, first out ("LIFO") to first in, first out ("FIFO"). The change to FIFO is preferable because it provides a better matching of costs and revenues, conforms the Company's inventory to a single method of accounting and improves comparability with the Company's peers. The Company retrospectively applied this change in accounting principle to all prior periods resulting in a cumulative effect adjustment at January 1, 2023 to increase inventory by $178.2 million, to increase deferred income tax liabilities by $43.1 million and to increase retained earnings by $135.1 million (net of tax).

The table below illustrates the impacts for the years ended December 31, 2025, 2024 and 2023, respectively had the Company continued to report under the LIFO basis of accounting. The Consolidated Statement of Income at December 31, 2025, 2024 and 2023 have been retrospectively adjusted to reflect the change in accounting principle (in millions, except per share data):


	For the Year Ended December, 31, 2025						For the Year Ended December, 31, 2024						For the Year Ended December, 31, 2023
	As Computed Under LIFO		Impact of Change		As Reported		As Reported Under LIFO		Impact of Change FIFO		As Adjusted		As Reported Under LIFO		Impact of Change FIFO		As Adjusted
Consolidated Statement of Income
Net sales	$	5,844.6	$	—	$	5,844.6	$	5,628.5	$	—	$	5,628.5	$	5,372.9	$	—	$	5,372.9
Cost of goods sold	3,843.2		(62.7)		3,780.5		3,724.4		(1.5)		3,722.9		3,484.8		11.1		3,495.9
Operating Income	1,146.1		62.7		1,208.8		1,091.6		1.5		1,093.1		1,038.5		(11.1)		1,027.4
Income before income taxes	1,056.4		62.7		1,119.1		1,005.3		1.5		1,006.8		983.3		(11.1)		972.2
Provision for income taxes	212.3		14.9		227.2		221.8		0.3		222.1		217.3		(2.7)		214.6
Net income	844.1		47.8		891.9		783.5		1.2		784.7		766.0		(8.4)		757.6
Less: Net income attributable to noncontrolling interest	(4.8)		—		(4.8)		(5.7)		—		(5.7)		(6.2)		—		(6.2)
Net income attributable to Hubbell Incorporated	$	839.3	$	47.8	$	887.1	$	777.8	$	1.2	$	779.0	$	759.8	$	(8.4)	$	751.4

Earnings per share
Basic earnings per share	$	15.73	$	0.90	$	16.63	$	14.46	$	0.03	$	14.49	$	14.14	$	(0.16)	$	13.98
Diluted earnings per share	$	15.65	$	0.89	$	16.54	$	14.37	$	0.02	$	14.39	$	14.05	$	(0.16)	$	13.89

The Consolidated Balance Sheet at December 31, 2025 and December 31, 2024 have been retrospectively adjusted to reflect the change in accounting principle (in millions):


	December 31, 2025						December 31, 2024
	As Computed Under LIFO		Impact of Change		As Reported		As Reported Under LIFO		Impact of Change FIFO		As Adjusted
Condensed Balance Sheet
Inventories, net	$	852.5	$	231.3	$	1,083.8	$	841.8	$	168.6	$	1,010.4
Total Current Assets	2,362.7		231.3		2,594.0		2,089.3		168.6		2,257.9
Total Assets	7,997.5		231.3		8,228.8		6,679.1		168.6		6,847.7

Other Accrued Liabilities	422.6		28.1		450.7		372.4		—		372.4
Total Current Liabilities	1,480.6		28.1		1,508.7		1,274.2		—		1,274.2
Other Non-Current Liabilities	798.4		27.5		825.9		679.5		40.7		720.2
Total Liabilities	4,315.3		55.6		4,370.9		3,396.4		40.7		3,437.1
Hubbell Incorporated Shareholders' Equity	3,672.2		175.7		3,847.9		3,268.3		127.9		3,396.2
Total Equity	3,682.2		175.7		3,857.9		3,282.7		127.9		3,410.6
Total Liabilities and Equity	$	7,997.5	$	231.3	$	8,228.8	$	6,679.1	$	168.6	$	6,847.7

The Consolidated Statement of Cash Flows for the years ended December 31, 2024 and December 31, 2023 have been retrospectively adjusted to reflect the change in accounting principle (in millions):


	Year Ended December 31, 2024						Year Ended December 31, 2023
	As Reported Under LIFO		Impact of Change FIFO		As Adjusted		As Reported Under LIFO		Impact of Change FIFO		As Adjusted
Condensed Statement of Cash Flows
Net income	$	783.5	$	1.2	$	784.7	$	766.0	$	(8.4)	$	757.6
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income taxes	1.7		0.3		2.0		(16.2)		(2.7)		(18.9)
Changes in assets and liabilities, excluding effects of acquisitions:
(Increase) Decrease in inventories, net	(22.7)		(1.5)		(24.2)		(42.1)		11.1		(31.0)
Net cash provided by operating activities	$	991.2	$	—	$	991.2	$	880.8	$	—	$	880.8

Property, Plant, and Equipment

Property, plant, and equipment values are stated at cost less accumulated depreciation and are depreciated over their estimated useful lives. Maintenance and repair expenditures that do not significantly increase the life of an asset are charged to expense when incurred. Leasehold improvements are amortized over the shorter of their economic lives or the lease term. Gains and losses arising on the disposal of property, plant and equipment are included in Operating income in the Consolidated Statement of Income.

Capitalized Computer Software Costs

Capitalized computer software costs, net of amortization, were $9.7 million and $6.3 million at December 31, 2025 and 2024, respectively. This balance is reflected in Other long-term assets in the Consolidated Balance Sheet. Capitalized computer software is for internal use and costs primarily consist of purchased materials, external services and salary costs for personnel dedicated to the projects. Software is amortized on a straight-line basis over appropriate periods, generally between three and five years. The Company recorded amortization expense of $3.8 million in 2025, $3.6 million in 2024 and $4.3 million in 2023 relating to capitalized computer software.

Goodwill and Other Intangible Assets

Goodwill represents purchase price in excess of fair values of the underlying net assets of acquired companies. Indefinite-lived intangible assets and goodwill are subject to annual impairment testing using the specific guidance and criteria described in the accounting guidance. The Company performs its goodwill impairment testing as of April 1st of each year, unless circumstances dictate the need for more frequent assessments. The accounting guidance provides entities with an option of performing a qualitative assessment (a “step-zero” test) before performing a quantitative analysis. If the entity determines, on the basis of certain qualitative factors, that it is more-likely-than-not that the goodwill is not impaired, the entity would not need to proceed to the quantitative goodwill impairment testing process as prescribed in the guidance. For each of the Company’s reporting units in 2025, the Company elected to utilize the quantitative goodwill impairment testing process, as permitted in the accounting guidance, by comparing the estimated fair value of the Company’s reporting units to their carrying values. If the fair value of the reporting unit exceeds its carrying value, no impairment exists.

Goodwill impairment testing requires judgment, including the identification of reporting units, assigning assets and liabilities to reporting units and determining the fair value of each reporting unit. Significant judgment is required to estimate the fair value of reporting units, including estimating future cash flows, determining appropriate discount rates and other assumptions, including assumptions about secular economic and market conditions. The Company uses internal discounted cash flow models to estimate fair value. These cash flow estimates are derived from historical experience, third party end market data, and future long-term business plans and include assumptions on future sales growth, gross margin, operating margin, terminal growth rate, and the application of an appropriate discount rate. Significant changes in these estimates and assumptions could materially affect the determination of fair value and/or goodwill impairment for each reporting unit. The Company believes that its estimated aggregate fair value of its reporting units is reasonable when compared to the Company’s market capitalization on the valuation date.

The Company completed its annual goodwill impairment test as of April 1, 2025. The impairment testing resulted in implied fair values for each reporting unit that significantly exceeded such reporting unit’s carrying value, including goodwill. Additionally, the Company did not have any reporting units with zero or negative carrying amounts. The Company has not recorded any goodwill impairments since the initial adoption of the accounting guidance in 2002.

The organizational changes described in Note 2 - Revenue resulted in a change in the Company’s reporting units within the Electrical Solutions segment. As a result of the change in reporting units, the Company performed an interim goodwill impairment assessment during the third quarter of 2025, for the reporting units within the Electrical Solutions segment. Because the changes did not affect the Utility Solutions segment, no interim goodwill impairment assessment was required for that segment. For this interim assessment, the Company elected to utilize the quantitative goodwill impairment testing process, as permitted in the accounting guidance, by comparing the estimated fair value of the reporting units to their carrying values. The interim impairment testing resulted in implied fair values for each reporting unit that significantly exceeded such reporting unit’s carrying value, including goodwill.

The Company’s intangible assets consist primarily of customer relationships, tradenames, developed technology and patents. Intangible assets with definite lives are amortized over periods generally ranging from 5-30 years. The Company amortizes intangible assets with definite lives using either an accelerated method that reflects the pattern in which economic benefits of the intangible assets are consumed and results in higher amortization in the earlier years of the assets’ useful life, or using a straight line method. Approximately 90% of the gross value of definite-lived intangible assets follow an accelerated amortization method. These definite lived intangibles are tested for impairment whenever events or circumstances indicate that the carrying amount of an asset (asset group) may not be recoverable. An impairment loss is recognized when the carrying amount of an asset exceeds the estimated undiscounted cash flows used in determining the fair value of the asset. The Company did not record any material impairments related to its definite lived intangible assets in 2025, 2024 or 2023. The Company also has some tradenames that are considered to be indefinite-lived intangible assets. These indefinite-lived intangible assets are not amortized and are tested for impairment annually, unless circumstances dictate the need for more frequent assessment.

The identification and measurement of impairment of indefinite-lived intangible assets involves either an assessment of qualitative factors to determine whether events or circumstances indicate that it is more-likely-than-not that an indefinite-lived intangible asset is impaired or a quantitative assessment whereby the estimated fair value of each indefinite-lived intangible asset is compared to its carrying value. If it is more-likely-than-not that the asset is impaired, the estimated fair value of the indefinite lived intangibles will be determined using discounted cash flow estimates. If the carrying value of these assets exceeds the estimated fair value, the carrying value will be reduced to the estimated fair value.

For the Company’s annual impairment test as of April 1, 2025, the Company elected to utilize the quantitative impairment testing process as permitted in the accounting guidance. The estimated fair value was determined utilizing an income approach (relief from royalty method). Significant judgment is required to estimate the fair value of the indefinite-lived intangible assets, including assumptions for future revenues, discount rates, royalty rates, and other assumptions, including assumptions about secular economic and market conditions. Significant changes in these estimates and assumptions could affect the determination of fair value and/or impairment for each indefinite-lived intangible asset. As of April 1, 2025, the impairment testing resulted in estimated fair values for each indefinite-lived intangible asset that significantly exceeded the carrying values and there were no indefinite-lived intangible assets at risk of failing the quantitative impairment test.

The Company did not record any impairments related to indefinite-lived intangible assets in 2025, 2024 and 2023.

Other Long-Lived Assets

The Company reviews depreciable long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. If such a change in circumstances occurs, the related estimated future undiscounted cash flows expected to result from the use of the asset group and its eventual disposition is compared to the carrying amount. If the sum of the expected cash flows is less than the carrying amount, an impairment charge is recorded. The impairment charge is measured as the amount by which the carrying amount exceeds the fair value of the asset. The fair value of impaired assets is determined using expected cash flow estimates, quoted market prices when available and appraisals as appropriate. The Company did not record any material impairment charges in 2025, 2024 or 2023.

Leases

We determine if an arrangement is a lease at inception. Operating leases are included as ROU assets within other long-term assets, and lease liabilities are included as other accrued liabilities, and other non-current liabilities in our Consolidated Balance Sheets. Finance leases are included in property, plant, and equipment, net, other accrued liabilities, and other non-current liabilities. The Company’s finance leases are immaterial.

ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. We use an implicit rate when readily determinable. For leases existing as of January 1, 2019, we have elected to use the remaining lease term as of the adoption date in determining the incremental borrowing rate. Our determination of the lease term may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option.

We have lease agreements with lease and non-lease components, which are generally accounted for separately. Additionally, for our vehicle leases, we apply a portfolio approach regarding the assumed lease term.

Accrued Insurance

The Company retains a significant portion of the risks associated with workers’ compensation, medical, automobile and general liability insurance. The Company estimates self-insurance liabilities using a number of factors, including historical claims experience, demographic factors, and other actuarial assumptions. The accrued liabilities associated with these programs are based on the Company’s estimate of the ultimate costs to settle known claims as well as claims incurred but not reported as of the balance sheet date. The Company periodically reviews the assumptions with a third party actuary to determine the adequacy of these self-insurance reserves.

Accrued Warranty

The Company offers product warranties which cover defects on most of its products. These warranties primarily apply to products that are properly installed, maintained and used for their intended purposes. The Company accrues estimated warranty costs at the time of sale. Estimated warranty expenses, recorded in cost of goods sold, are based upon historical information such as past experience, product failure rates, or the estimated number of units to be repaired or replaced. Adjustments are made to the product warranty accrual as claims are incurred, additional information becomes known or as historical experience indicates.

Income Taxes

The Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. The IRS and other tax authorities routinely examine the Company’s tax returns. These audits can involve complex issues which may require an extended period of time to resolve. The Company makes adequate provisions for best estimates of exposures on previously filed tax returns. Deferred income taxes are recognized for the tax consequence of differences between financial statement carrying amounts and the tax basis of assets and liabilities by applying the currently enacted statutory tax rates in accordance with the accounting guidance for income taxes. The effect of a change in statutory tax rates is recognized in the period that includes the enactment date. Additionally, deferred tax assets are required to be reduced by a valuation allowance if it is more-likely-than-not that a portion or all of the deferred tax asset will not be realized. The Company uses factors to assess the likelihood of realization of deferred tax assets such as the forecast of future taxable income and available tax planning that could be implemented to realize the deferred tax assets.

In addition, the accounting guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of the tax position taken or expected to be taken in a tax return. For any amount of benefit to be recognized, it must be determined that it is more-likely-than-not that a tax position will be sustained upon examination by taxing authorities based on the technical merits of the position. The amount of benefit to be recognized is based on the Company’s assertion of the most likely outcome resulting from an examination, including resolution of any related appeals or litigation processes. Companies are required to reflect only those tax positions that are more-likely-than-not to be sustained. See Note 13 — Income Taxes for additional information.

Research and Development

Research and development expenditures represent costs to discover and/or apply new knowledge in developing a new product, process, or in bringing about a significant improvement to an existing product or process. Research and development expenses are recorded as a component of Cost of goods sold. Expenses for research and development were approximately 1% of Net Sales in 2025, 1% in 2024, and 2% in 2023.

Government Assistance

The Company records amounts received from government entities as a reduction of the associated expense. Amounts received related to depreciable assets are recognized as a reduction to depreciation expense. The total impact of government assistance was not material to the Company in 2025, 2024, and 2023.

Retirement Benefits

The Company maintains various defined benefit pension plans for some of its U.S. and foreign employees. The accounting guidance for retirement benefits requires the Company to recognize the funded status of its defined benefit pension and postretirement plans as an asset or liability in the Consolidated Balance Sheet. Gains or losses, prior service costs or credits, and transition assets or obligations that have not yet been included in net periodic benefit cost as of the end of the year are recognized as components of Accumulated other comprehensive loss, net of tax, within Hubbell shareholders’ equity. The Company’s policy is to fund pension costs within the ranges prescribed by applicable regulations. In addition to providing defined benefit pension benefits, the Company provides health care and life insurance benefits for some of its active and retired employees. The Company’s policy is to fund these benefits through insurance premiums or as actual expenditures are made. See also Note 11 — Retirement Benefits.

Earnings Per Share

Restricted stock granted by the Company is considered a participating security since it contains a non-forfeitable right to dividends. As a result, the earnings per share accounting guidance requires the Company to use the two-class method for calculating earnings per share. The two-class method is an earnings allocation formula that determines earnings per share for common stock and participating securities. Basic earnings per share is calculated as net income available to common shareholders divided by the weighted average number of shares of common stock outstanding. Earnings per diluted share is calculated as net income available to common shareholders divided by the weighted average number of shares outstanding of common stock plus the incremental shares outstanding assuming the exercise of dilutive stock appreciation rights and performance shares. See also Note 18 — Earnings Per Share.

Stock-Based Compensation

The Company recognizes the grant-date fair value of all stock-based awards on a straight-line basis over their respective requisite service periods (generally equal to an award’s vesting period). A stock-based award is considered vested for expense attribution purposes when the retention of the award is no longer contingent on providing subsequent service. Accordingly, the Company generally recognizes compensation cost immediately for awards granted to retirement-eligible individuals or over the period from the grant date to the date retirement eligibility is achieved, if less than the stated vesting period. The expense is recorded in Cost of goods sold and Selling & Administrative expense in the Consolidated Statement of Income based on the recipients’ respective functions within the organization.

The Company records deferred tax assets for awards that will result in deductions on its tax returns, based upon the amount of compensation cost recognized and the statutory tax rate in the jurisdiction in which it will receive a deduction. See also Note 17 — Stock-Based Compensation.

Recently Adopted Accounting Pronouncements

In September 2022, the FASB issued ASU 2022-04, “Liabilities - Supplier Finance Programs (Subtopic 405-50: Disclosure of Supplier Finance Program Obligations)”, which the Company adopted in the first quarter of 2023, with the exception of the rollforward information, which was effective for the Company in the first quarter of 2024.

Payment Services Arrangements

The Company has ongoing agreements with financial institutions to facilitate the processing of vendor payables (“Payment Services Arrangement”). Under these agreements, the Company pays the financial institution the stated amount of confirmed invoices from participating suppliers on their original maturity date. The terms of the vendor payables are not affected by vendors participating in these agreements. As a result, the amounts owed are presented as accounts payable in the Company’s Consolidated Balance Sheet, of which $95.5 million and $101.9 million was outstanding at December 31, 2025 and December 31, 2024, respectively. Either party may terminate the agreements with 30 days written notice. Cash flows under the program are reported in operating activities in the Company’s Consolidated Statement of Cash Flows.

The rollforward of the Company’s outstanding obligations confirmed as valid under the Payment Services Arrangements supplier finance program for the year ended December 31, 2025 and December 31, 2024, is as follows:



(in millions)	Year Ended December 31, 2025		Year Ended December 31, 2024
Confirmed obligations outstanding at the beginning of the period	$	101.9	$	101.3
Invoices confirmed during the period	322.9		348.7
Confirmed invoices paid during the period	(329.3)		(348.1)
Confirmed obligations outstanding at the end of the period	$	95.5	$	101.9

Commercial Card Program

In 2021, the Company entered into an agreement with a financial institution that allows participating suppliers to receive payment for outstanding invoices through a commercial purchasing card sponsored by a financial institution. The Company is required to settle such outstanding invoices through a consolidated payment to the financial institution 15 days after the commercial card billing cycle. The Company receives the benefit of extended payment terms and a rebate from the financial institution. Either party may terminate the agreement with 60 days written notice. The amount outstanding to the financial institution is presented as short-term debt in the Company’s Consolidated Balance Sheet, of which, $2.1 million and $2.4 million was outstanding at December 31, 2025 and December 31, 2024, respectively. Cash flows under the program are reported in financing activities in the Company’s Consolidated Statement of Cash Flows.

The rollforward of the Company’s outstanding obligations confirmed as valid under the commercial card supplier finance program for the year ended December 31, 2025 and December 31, 2024, is as follows:



(in millions)	Year Ended December 31, 2025		Year Ended December 31, 2024
Confirmed obligations outstanding at the beginning of the period	$	2.4	$	2.0
Invoices confirmed during the period	21.8		24.7
Confirmed invoices paid during the period	(22.1)		(24.3)
Confirmed obligations outstanding at the end of the period	$	2.1	$	2.4

In November 2023, the FASB issued ASU No. 2023-07, “Segment Reporting-Improvements to Reportable Segment Disclosures”, which adds a requirement for public entities to disclose its significant segment expense categories and amounts for each reportable segment for all periods presented. This information is required to be disclosed at both interim and annual periods. In addition, this ASU requires a public entity to disclose the title and position of the Chief Operating Decision Maker (“CODM”) in the consolidated financial statements. Public entities are also required to disclose how the CODM uses each reported measure of segment profit or loss to assess performance and allocate resources to the segments. The ASU is effective for public entities for fiscal years beginning after December 15, 2023, and interim periods in fiscal years beginning after December 15, 2024. The Company included the applicable disclosures within Note 20 - Industry Segments and Geographic Area Information.

In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes: Improvements to Income Tax Disclosures”, which enhances the disaggregation of income tax disclosures. The ASU requires public entities on an annual basis to disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold equal to or greater than 5%. Public entities are required to provide an explanation of certain rate reconciling items if not otherwise evident, such as the nature, causes and judgment used to categorize the item. The ASU also requires disclosure of income taxes paid (net of refund received) detailed by federal, state/local and foreign, and amounts paid to individual jurisdictions that are equal or greater than 5% of total income taxes paid. The ASU is effective for public entities for fiscal years beginning after December 15, 2024 and for interim periods for fiscal years beginning after December 15, 2025. The Company adopted the ASU on a retrospective basis with the applicable disclosures included within Note 13 - Income Taxes.

Recently Issued Accounting Pronouncements Not Yet Adopted

In November 2024, the FASB issued ASU 2024-03,“Disaggregation of Income Statement Expenses (DISE),” which requires additional disclosure of the nature of expenses included in the income statement. The standard requires disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. The ASU is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The requirements are required to be adopted prospectively with the option for retrospective application. The company is assessing the impact of adopting this standard on its financial statements and disclosures.

In September 2025, the FASB issued ASU 2025-06, "Targeted Improvements to the Accounting for Internal-Use Software", which modernizes the accounting for software costs. The ASU is effective for public entities for fiscal years beginning after December 15, 2027, and interim periods for fiscal years beginning after December 15, 2027. The Company is assessing the impact of adopting this standard on its financial statements and disclosures.

In October 2025, the FASB issued ASU 2025-10, "Accounting for Government Grants Received by Business Entities", which establishes the accounting for business entities on the recognition, measurement, presentation, and disclosure of government grants. The ASU is effective for public entities for fiscal years beginning after December 15, 2028, and interim periods for fiscal years beginning after December 15, 2029. The Company is assessing the impact of adopting this standard on its financial statements and disclosures.

Industry Segments and Geographic Area Information - Schedule of Industry Segment Data (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
TOTAL NET SALES	$ 1,492.7	$ 1,502.4	$ 1,484.3	$ 1,365.2	$ 1,334.3	$ 1,442.6	$ 1,452.5	$ 1,399.1	$ 5,844.6	$ 5,628.5	$ 5,372.9
Total Cost of Goods Sold	967.6	958.1	932.2	922.6	882.1	936.6	938.7	965.5	3,780.5	3,722.9	3,495.9
Total Gross Profit	525.1	544.3	552.1	442.6	452.2	506.0	513.8	433.6	2,064.1	1,905.6	1,877.0
Total Selling and Administrative Expenses	213.6	$ 213.7	215.8	$ 212.2	192.5	$ 193.3	$ 207.5	219.2	855.3	812.5	849.6
Total Operating Income									1,208.8	1,093.1	1,027.4
Loss on disposition of business (Note 3)			$ (0.4)					$ (5.3)	(0.4)	(5.3)	0.0
Interest expense, net									(64.1)	(73.8)	(36.7)
Other expense, net									(25.2)	(7.2)	(18.5)
Income before income taxes									$ 1,119.1	$ 1,006.8	$ 972.2
Total Operating Income as % of Net Sales									20.70%	19.40%	19.10%
Assets:
TOTAL ASSETS	8,228.8				6,847.7				$ 8,228.8	$ 6,847.7	$ 7,081.1
Capital Expenditures:
TOTAL CAPITAL EXPENDITURES									155.1	180.4	165.7
Depreciation and Amortization:
TOTAL DEPRECIATION AND AMORTIZATION									206.1	212.1	149.7
Utility Solutions
Segment Reporting Information [Line Items]
TOTAL NET SALES									3,672.3	3,600.7	3,261.7
Electrical Solutions
Segment Reporting Information [Line Items]
TOTAL NET SALES									2,172.3	2,027.8	2,111.2
Operating Segments \| Utility Solutions
Segment Reporting Information [Line Items]
TOTAL NET SALES									3,672.3	3,600.7	3,261.7
Total Cost of Goods Sold									2,396.3	2,418.4	2,129.8
Total Gross Profit									1,276.0	1,182.3	1,131.9
Total Selling and Administrative Expenses									486.1	450.5	433.5
Total Operating Income									$ 789.9	$ 731.8	$ 698.4
Total Operating Income as % of Net Sales									21.50%	20.30%	21.40%
Assets:
TOTAL ASSETS	5,603.8				4,569.1				$ 5,603.8	$ 4,569.1	$ 4,690.1
Capital Expenditures:
TOTAL CAPITAL EXPENDITURES									81.3	103.6	99.5
Depreciation and Amortization:
TOTAL DEPRECIATION AND AMORTIZATION									151.8	164.5	103.4
Operating Segments \| Electrical Solutions
Segment Reporting Information [Line Items]
TOTAL NET SALES									2,172.3	2,027.8	2,111.2
Total Cost of Goods Sold									1,384.2	1,304.5	1,366.1
Total Gross Profit									788.1	723.3	745.1
Total Selling and Administrative Expenses									369.2	362.0	416.1
Total Operating Income									$ 418.9	$ 361.3	$ 329.0
Total Operating Income as % of Net Sales									19.30%	17.80%	15.60%
Assets:
TOTAL ASSETS	2,238.8				1,943.4				$ 2,238.8	$ 1,943.4	$ 2,001.1
Capital Expenditures:
TOTAL CAPITAL EXPENDITURES									73.8	76.8	66.2
Depreciation and Amortization:
TOTAL DEPRECIATION AND AMORTIZATION									54.3	47.6	46.3
General Corporate
Assets:
TOTAL ASSETS	$ 386.2				$ 335.2				$ 386.2	$ 335.2	$ 389.9

Restructuring Costs (Tables)

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Pre-tax Restructuring Costs

Pre-tax restructuring costs incurred in each of our segments and the location of the costs in the Consolidated Statement of Income for the years ended December 31, 2025, 2024 and 2023 are as follows (in millions):


	Twelve Months Ended December 31, 2025						Twelve Months Ended December 31, 2024						Twelve Months Ended December 31, 2023
	Utility Solutions		Electrical Solutions		Total		Utility Solutions		Electrical Solutions		Total		Utility Solutions		Electrical Solutions		Total
Restructuring costs
Cost of goods sold	$	5.6	$	4.3	$	9.9	$	3.2	$	6.1	$	9.3	$	2.7	$	1.7	$	4.4
S&A expense	0.5		1.6		2.1		1.3		2.2		3.5		0.2		0.8		1.0
Total restructuring costs	$	6.1	$	5.9	$	12.0	$	4.5	$	8.3	$	12.8	$	2.9	$	2.5	$	5.4

Schedule of Restructuring Reserve by Type of Cost

The following table summarizes the accrued liabilities for our restructuring actions (in millions):


	Beginning Accrued Restructuring Balance 1/1/25		Pre-tax Restructuring Costs		Utilization and Foreign Exchange		Ending Accrued Restructuring Balance 12/31/25
2025 Restructuring Actions
Severance	$	—	$	4.6	$	(4.0)	$	0.6
Asset write-downs	—		1.6		(1.6)		—
Facility closure and other costs	—		2.9		(2.9)		—
Total 2025 Restructuring Actions	$	—	$	9.1	$	(8.5)	$	0.6
2024 and Prior Restructuring Actions
Severance	$	4.5	$	0.5	$	(1.4)	$	3.6
Asset write-downs	—		—		—		—
Facility closure and other costs	0.1		2.4		(2.0)		0.5
Total 2024 and Prior Restructuring Actions	$	4.6	$	2.9	$	(3.4)	$	4.1
Total Restructuring Actions	$	4.6	$	12.0	$	(11.9)	$	4.7

The actual and expected pre-tax costs for our restructuring actions are as follows (in millions):


	Expected Costs		Costs incurred in 2023		Costs incurred in 2024		Costs incurred in 2025		Remaining costs at 12/31/25
2025 Restructuring Actions
Utility Solutions	$	7.7	$	—	$	—	$	6.0	$	1.7
Electrical Solutions	3.3		—		—		3.1		0.2
Total 2025 Restructuring Actions	$	11.0	$	—	$	—	$	9.1	$	1.9
2024 Restructuring Actions
Utility Solutions	$	4.2	$	—	$	4.1	$	0.1	$	—
Electrical Solutions	11.7		—		6.8		2.8		2.1
Total 2024 Restructuring Actions	$	15.9	$	—	$	10.9	$	2.9	$	2.1
2023 and Prior Restructuring Actions
Utility Solutions	$	3.3	$	2.9	$	0.4	$	—	$	—
Electrical Solutions	4.0		2.5		1.5		—		—
Total 2023 and Prior Restructuring Actions	$	7.3	$	5.4	$	1.9	$	—	$	—
Total Restructuring Actions	$	34.2	$	5.4	$	12.8	$	12.0	$	4.0

Cover - USD ($)	12 Months Ended
Cover - USD ($)	Dec. 31, 2025	Feb. 05, 2026	Jun. 30, 2025
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Current Fiscal Year End Date	--12-31
Document Period End Date	Dec. 31, 2025
Document Transition Report	false
Entity File Number	1-2958
Entity Registrant Name	HUBBELL INC
Entity Incorporation, State or Country Code	CT
Entity Tax Identification Number	06-0397030
Entity Address, Address Line One	40 Waterview Drive
Entity Address, City or Town	Shelton
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06484
City Area Code	(475)
Local Phone Number	882-4000
Title of 12(b) Security	Common Stock — par value $0.01 per share
Trading Symbol	HUBB
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 21,586,750,695
Entity Common Stock, Shares Outstanding		53,161,602
Documents Incorporated by Reference	Portions of the definitive proxy statement for the registrant’s 2026 annual meeting of shareholders to be filed with the Securities and Exchange Commission (the “SEC”), are incorporated by reference in answer to Part III of this Form 10-K.
Entity Central Index Key	0000048898
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	FY
Amendment Flag	false

Retirement Benefits - Schedule of Projected Benefit Obligation Assumptions (Details)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Pension Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate	5.49%	5.58%	5.16%
Rate of compensation increase	0.08%	0.08%	0.08%
Discount rate	5.58%	5.16%	5.46%
Expected return on plan assets	5.75%	5.93%	5.68%
Rate of compensation increase	0.08%	0.08%	0.08%
Other Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate	5.50%	5.60%	5.20%
Rate of compensation increase	5.00%	5.00%	5.00%
Discount rate	5.60%	5.20%	5.50%
Rate of compensation increase	5.00%	5.00%	3.93%

Business Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of the Fair Values of the Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the date of acquisition for the Company's 2025 acquisitions of Ventev, Nicor and DMC Power (in millions):


Accounts receivable	$	32.3
Inventories	47.6
Other current assets	1.9
Property, plant and equipment	54.7
Other non-current assets	5.4
Intangible assets	417.1
Accounts payable	(12.6)
Other accrued liabilities	(16.1)
Deferred tax liabilities, net	(106.5)
Other non-current liabilities	(4.7)
Goodwill	539.2
Total Estimate of Consideration Transferred, Net of Cash Acquired	$	958.3

The following table presents the final determination of the fair value of identifiable assets acquired and liabilities assumed from the Company’s 2023 acquisitions. Fair value estimates are based on a complex series of judgments about future events and uncertainties and rely heavily on estimates and assumptions. The judgments used to determine the estimated fair value assigned to each class of assets acquired and liabilities assumed, as well as asset lives, can materially impact the Company’s results of operations (in millions):


Accounts receivable	$	71.5
Inventories	84.9
Other current assets	49.6
Property, plant and equipment	31.6
Other non-current assets	2.8
Intangible assets	608.2
Accounts payable	(17.5)
Other accrued liabilities	(85.1)
Deferred tax liabilities, net	(134.0)
Other non-current liabilities	(11.9)
Goodwill	605.7
Total Estimate of Consideration Transferred, Net of Cash Acquired	$	1,205.8

Schedule of Business Acquisition, Pro Forma Information, Nonrecurring Adjustments

The following unaudited supplemental pro-forma information presents consolidated results as if the acquisitions had been completed on January 1, 2022. Following that approach, for the purpose of the pro-forma results presented in the tables below, certain costs incurred by the Company during 2023 have been reclassified into the pro-forma 2022 period. Those reclassifications primarily include the following, which represent the amount of increase or (decrease) to reported results to arrive at the pro-forma results (in millions, except per share amounts).



	Twelve Months Ended December 31,		Per Diluted Share
	2023		2023
Transaction costs incurred in 2023(1)	$	11.2	$	0.21
Intangible amortization and inventory step up(2)	$	(20.7)	$	(0.38)
Interest expense(3)	$	1.2	$	0.02

(1) Transaction costs incurred in 2023 have been reclassified into the comparative pro-forma 2022 period.

(2) Intangible amortization and inventory step up amortization incurred in 2023 have been reclassified into the comparable pro-forma 2022 period and increased to reflect the assumption the transactions were completed on January 1, 2022. The pro-forma 2023 period includes the intangible amortization that would be incurred assuming that the transactions had been completed on January 1, 2022.

(3) Interest expense incurred in 2023, reflecting amounts incurred from the date of the acquisitions, has been reclassified into the pro-forma 2022 period and increased to reflect the assumption that the transactions were completed on January 1, 2022. The pro-forma 2023 period includes the interest expense that would have been incurred assuming the transactions had been completed on January 1, 2022.

Schedule of Business Acquisition, Pro Forma Information

The pro-forma results were calculated by combining the results of the Company with the stand-alone results of the acquisitions for the pre-acquisition periods, as described above:


	Twelve Months Ended
(in millions, except per share amounts)	December 31, 2023
Net sales	$	5,762.1
Net income attributable to Hubbell	$	801.4
Earnings Per Share:
Basic	$	14.92
Diluted	$	14.81

Business Combination, Intangible Asset, Acquired, Finite-Lived

The purchase price allocation to identifiable intangible assets acquired for all of the 2025 acquisitions is as follows (in millions, except useful life amounts):


	Estimated Fair Value		Weighted Average Estimated Useful Life
Patents, tradenames and trademarks	$	19.2	20
Customer relationships	338.5		23
Developed technology	55.0		10
Backlog	4.4		2
Total	$	417.1

The purchase price allocation to identifiable intangible assets acquired for all of the 2023 acquisitions is as follows (in millions, except useful life amounts):


	Estimated Fair Value		Weighted Average Estimated Useful Life
Patents, tradenames and trademarks	$	45.1	20
Customer relationships	503.0		21
Developed technology	8.5		10
Backlog	51.6		3
Total	$	608.2

- Definition

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.

+ References + Details

Guarantees (Tables)

12 Months Ended

Dec. 31, 2025

Standard Product Warranty Disclosure [Abstract]

Schedule of Changes in the Accrued Product Warranties

Changes in the accrual for product warranties for the two years ended December 31 are set forth below (in millions):


BALANCE AT DECEMBER 31, 2023	$	39.2
Provision	12.8
Expenditures/other	(10.3)

BALANCE AT DECEMBER 31, 2024	$	41.7
Provision	10.4
Expenditures/other	(18.1)

BALANCE AT DECEMBER 31, 2025(a)	$	34.0

(a) Refer to Note 9 – Other Accrued Liabilities and Note 10 – Other Non-Current Liabilities for a breakout of short-term and long-term warranties.

Restructuring Costs - Schedule of Pre-tax Restructuring Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	$ 12.0	$ 12.8	$ 5.4
Restructuring Incurred Cost Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag	Consolidated Statement of Income
Cost of goods sold
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	$ 9.9	9.3	4.4
S&A expense
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	2.1	3.5	1.0
Utility Solutions
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	6.1	4.5	2.9
Utility Solutions \| Cost of goods sold
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	5.6	3.2	2.7
Utility Solutions \| S&A expense
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	0.5	1.3	0.2
Electrical Solutions
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	5.9	8.3	2.5
Electrical Solutions \| Cost of goods sold
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	4.3	6.1	1.7
Electrical Solutions \| S&A expense
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	$ 1.6	$ 2.2	$ 0.8

- Definition

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.

+ References + Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Other Non-Current Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Other Liabilities, Noncurrent [Abstract]
Pensions	$ 117.4	$ 167.1
Other post-employment benefits	10.3	12.9
Deferred tax liabilities	420.1	277.1
Accrued warranties long-term	18.8	21.1
Non-current operating lease liabilities	121.2	117.3
Other	138.1	124.7
TOTAL	$ 825.9	$ 720.2

Revenue - Schedule of Disaggregated Revenue by Business Group (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Net sales	$ 1,492.7	$ 1,502.4	$ 1,484.3	$ 1,365.2	$ 1,334.3	$ 1,442.6	$ 1,452.5	$ 1,399.1	$ 5,844.6	$ 5,628.5	$ 5,372.9
United States
Disaggregation of Revenue [Line Items]
Net sales									5,411.3	5,159.3	4,922.4
International
Disaggregation of Revenue [Line Items]
Net sales									433.3	469.2	450.5
Utility Solutions
Disaggregation of Revenue [Line Items]
Net sales									3,672.3	3,600.7	3,261.7
Utility Solutions \| United States
Disaggregation of Revenue [Line Items]
Net sales									3,518.9	3,428.2	3,090.7
Utility Solutions \| International
Disaggregation of Revenue [Line Items]
Net sales									153.4	172.5	171.0
Utility Solutions \| Grid Infrastructure
Disaggregation of Revenue [Line Items]
Net sales									2,748.2	2,531.3	2,259.2
Utility Solutions \| Grid Automation
Disaggregation of Revenue [Line Items]
Net sales									924.1	1,069.4	1,002.5
Electrical Solutions
Disaggregation of Revenue [Line Items]
Net sales									2,172.3	2,027.8	2,111.2
Electrical Solutions \| United States
Disaggregation of Revenue [Line Items]
Net sales									1,892.4	1,731.1	1,831.7
Electrical Solutions \| International
Disaggregation of Revenue [Line Items]
Net sales									279.9	296.7	279.5
Electrical Solutions \| Electrical Products
Disaggregation of Revenue [Line Items]
Net sales									885.2	835.3	823.0
Electrical Solutions \| Industrial
Disaggregation of Revenue [Line Items]
Net sales									1,287.1	1,171.3	1,101.1
Electrical Solutions \| Retail and Builder
Disaggregation of Revenue [Line Items]
Net sales									$ 0.0	$ 21.2	$ 187.1

Revenue (Tables)

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregated Revenue by Business Group

The following table presents disaggregated revenue by business group. In January 2024, we internally reorganized certain businesses within our Utility Solutions segment, and in July 2024 and September 2025, we internally reorganized certain businesses within our Electrical Solutions segment. Those re-organizations streamline the organization and align the organization to better serve our customers. These changes had no impact to our reportable segments. In conjunction with these changes, prior period amounts have been reclassified to conform to the current organizational structure. In addition, the residential lighting business, included in the Retail and Builder section below, was sold in the first quarter of 2024.


	Twelve Months Ended December 31,
(in millions)	2025		2024		2023
Net sales
Grid Infrastructure	$	2,748.2	$	2,531.3	$	2,259.2
Grid Automation	924.1		1,069.4		1,002.5
Total Utility Solutions	$	3,672.3	$	3,600.7	$	3,261.7
Electrical Products	$	885.2	$	835.3	$	823.0
Industrial	1,287.1		1,171.3		1,101.1
Retail and Builder	—		21.2		187.1
Total Electrical Solutions	$	2,172.3	$	2,027.8	$	2,111.2
TOTAL	$	5,844.6	$	5,628.5	$	5,372.9

The following table presents disaggregated third-party Net sales by geographic location (on a geographic basis, the Company defines “international” as operations based outside of the United States and its possessions):


	Twelve Months Ended December 31,
(in millions)	2025		2024		2023
Net sales
United States	$	3,518.9	$	3,428.2	$	3,090.7
International	153.4		172.5		171.0
Total Utility Solutions	$	3,672.3	$	3,600.7	$	3,261.7
United States	$	1,892.4	$	1,731.1	$	1,831.7
International	279.9		296.7		279.5
Total Electrical Solutions	$	2,172.3	$	2,027.8	$	2,111.2
TOTAL	$	5,844.6	$	5,628.5	$	5,372.9

Accumulated Other Comprehensive Loss - Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	$ 967.6	$ 958.1	$ 932.2	$ 922.6	$ 882.1	$ 936.6	$ 938.7	$ 965.5	$ 3,780.5	$ 3,722.9	$ 3,495.9
Tax (expense)									(227.2)	(222.1)	(214.6)
Gain net of tax	$ 225.2	$ 256.7	$ 245.5	$ 164.5	$ 199.4	$ 227.8	$ 219.1	$ 138.4	891.9	784.7	$ 757.6
Reclassification out of accumulated other comprehensive income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gain net of tax									(8.2)	(7.0)
Cash flow hedges gain (loss) \| Reclassification out of accumulated other comprehensive income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold									0.7	0.6
Total before tax									0.7	0.6
Tax (expense)									(0.3)	(0.1)
Gain net of tax									0.4	0.5
Amortization of defined benefit pension and post retirement benefit items \| Reclassification out of accumulated other comprehensive income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax									(11.1)	(9.9)
Tax (expense)									2.5	2.4
Gain net of tax									(8.6)	(7.5)
Prior-service credits \| Reclassification out of accumulated other comprehensive income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax									(0.4)	(0.4)
Actuarial gains/(losses) \| Reclassification out of accumulated other comprehensive income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax									$ (10.7)	$ (9.5)

Financial Instruments and Fair Value Measurement - Schedule of Fair Value Hierarchy (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 187.4	$ 63.2
Available for sale investments	78.4	69.6
Trading securities	32.5	28.1
Deferred compensation plan liabilities	(32.5)	(28.1)
Derivatives:
Forward exchange contracts-Assets	0.1	1.4
Forward exchange contracts-(Liabilities)	(0.5)
Fair value, net asset (liability)	268.3	137.3
Time Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Time deposits	2.9	3.1
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	187.4	63.2
Available for sale investments	0.0	0.0
Trading securities	32.5	28.1
Deferred compensation plan liabilities	(32.5)	(28.1)
Derivatives:
Forward exchange contracts-Assets	0.0	0.0
Forward exchange contracts-(Liabilities)	0.0
Fair value, net asset (liability)	187.4	63.2
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Time Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Time deposits	0.0	0.0
Quoted Prices in Active Markets for Similar Assets (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0.0	0.0
Available for sale investments	78.4	69.6
Trading securities	0.0	0.0
Deferred compensation plan liabilities	0.0	0.0
Derivatives:
Forward exchange contracts-Assets	0.1	1.4
Forward exchange contracts-(Liabilities)	(0.5)
Fair value, net asset (liability)	80.9	74.1
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Time Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Time deposits	2.9	3.1
Unobservable inputs for which little or no market data exists (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0.0	0.0
Available for sale investments	0.0	0.0
Trading securities	0.0	0.0
Deferred compensation plan liabilities	0.0	0.0
Derivatives:
Forward exchange contracts-Assets	0.0	0.0
Forward exchange contracts-(Liabilities)	0.0
Fair value, net asset (liability)	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Time Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Time deposits	$ 0.0	$ 0.0

Restructuring Costs - Schedule of Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Expected Costs	$ 34.2
Costs incurred to date	12.0	$ 12.8	$ 5.4
Remaining costs	4.0
2025 Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	11.0
Costs incurred to date	9.1	0.0	0.0
Remaining costs	1.9
2024 Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	15.9
Costs incurred to date	2.9	10.9	0.0
Remaining costs	2.1
2023 and Prior Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	7.3
Costs incurred to date	0.0	1.9	5.4
Remaining costs	0.0
Utility Solutions \| 2025 Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	7.7
Costs incurred to date	6.0	0.0	0.0
Remaining costs	1.7
Utility Solutions \| 2024 Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	4.2
Costs incurred to date	0.1	4.1	0.0
Remaining costs	0.0
Utility Solutions \| 2023 and Prior Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	3.3
Costs incurred to date	0.0	0.4	2.9
Remaining costs	0.0
Electrical Solutions \| 2025 Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	3.3
Costs incurred to date	3.1	0.0	0.0
Remaining costs	0.2
Electrical Solutions \| 2024 Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	11.7
Costs incurred to date	2.8	6.8	0.0
Remaining costs	2.1
Electrical Solutions \| 2023 and Prior Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Expected Costs	4.0
Costs incurred to date	0.0	$ 1.5	$ 2.5
Remaining costs	$ 0.0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Revenue - Unsatisfied Performance Obligations (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 $ in Millions	Dec. 31, 2025 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied performance obligation	$ 20.0
Unsatisfied performance obligation, period of recognition (in years)	2 years

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Numerator:
Net income attributable to Hubbell Incorporated	$ 224.2	$ 255.5	$ 244.2	$ 163.2	$ 198.2	$ 226.2	$ 217.5	$ 137.1	$ 887.1	$ 779.0	$ 751.4
Less: Earnings allocated to participating securities									(1.5)	(1.5)	(1.8)
Net income available to common shareholders									$ 885.6	$ 777.5	$ 749.6
Denominator:
Average number of common shares outstanding (in shares)									53.2	53.7	53.6
Potential dilutive shares (in shares)									0.3	0.3	0.4
Average number of diluted shares outstanding (in shares)									53.5	54.0	54.0
Earnings per share:
Basic earnings per share (USD per share)	$ 4.21	$ 4.80	$ 4.58	$ 3.04	$ 3.69	$ 4.21	$ 4.04	$ 2.55	$ 16.63	$ 14.49	$ 13.98
Diluted earnings per share (USD per share)	$ 4.19	$ 4.77	$ 4.56	$ 3.03	$ 3.66	$ 4.18	$ 4.01	$ 2.53	$ 16.54	$ 14.39	$ 13.89

Business Acquisitions and Dispositions

12 Months Ended

Dec. 31, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Business Acquisitions and Dispositions

2025 Acquisitions

In the first quarter of 2025, the Company acquired all of the issued and outstanding equity of Alliance USAcqCo 2, Inc., a Delaware Corporation (“Ventev”) for approximately $73 million, net of cash acquired, subject to customary purchase price adjustments. Ventev is a leading manufacturer and provider of a complete ecosystem of solutions to power, protect, and connect wireless networks. The Ventev business has been added to the Electrical Solutions segment. We have recognized intangible assets of $34.5 million and goodwill of $40.0 million as a result of the acquisition. The $34.5 million of intangible assets consists primarily of customer relationships and trade names and will be amortized over a weighted average period of approximately 17 years.

In the third quarter of 2025, the Company acquired all of the issued and outstanding equity of Nicor, Inc., a Texas corporation ("Nicor") for approximately $56 million, net of cash acquired, subject to customary purchase price adjustments. Nicor designs and manufactures water metering endpoint solutions to integrate and optimize advanced metering infrastructure networks. Such solutions include polymer meter box lids and covers. Nicor has been added to the Utility Solutions segment. We have recognized intangible assets of $18.6 million and goodwill of $30.3 million as a result of the acquisition. The $18.6 million of intangible assets consists primarily of customer relationships and a trade name and will be amortized over a weighted average period of approximately 18 years.

On October 1, 2025, the Company acquired all of the issued and outstanding equity of Power Rose Acquisition, Inc., a Delaware corporation ("Power Rose" and together with its subsidiaries, "DMC Power") for approximately $829 million, net of cash acquired, subject to customary purchase price adjustments. DMC Power is a provider of swaged connection systems and tooling for utility substation and transmission markets. DMC Power has been added to the Utility Solutions segment. We have recognized intangible assets of $364.0 million and goodwill of $468.9 million as a result of the acquisition. The $364.0 million of intangible assets consists primarily of $290.0 million of customer relationships, with the remaining $74.0 million consisting of developed technology, trade names and backlog. The intangible assets will be amortized over a weighted average period of approximately 21 years.

The Company financed the acquisition of DMC Power with net proceeds from borrowings under a new unsecured term loan facility in the aggregate principal amount of $600.0 million and issuances of commercial paper.

We determined the preliminary fair values of the customer relationships intangible assets using an multi-period excess earnings method. The significant assumptions used in determining the preliminary fair values of the customer relationships intangible assets included revenue growth rates, gross margin, attrition rate, and discount rate. We determined the preliminary fair values of the developed technology, trade name and backlog intangible assets using an income approach. Accordingly, the fair value measurement of the customer relationships intangible assets, developed technology, trade name, and backlog intangible assets are classified in Level 3 of the fair value hierarchy.

These business acquisitions have been accounted for as business combinations and have resulted in the recognition of goodwill. The goodwill relates to a number of factors implied in the purchase price, including the future earnings and cash flow potential of the business as well as the complementary strategic fit and resulting synergies that such business acquisition brings to the Company’s existing operations. The goodwill related to the Ventev, Nicor and DMC Power acquisitions is not deductible for tax purposes.

Allocation of Consideration Transferred to Net Assets Acquired

The following table presents the preliminary determination of the fair values of identifiable assets acquired and liabilities assumed from the Company's 2025 acquisitions of Ventev, Nicor and DMC Power. The final determination of the fair value of certain assets and liabilities will be completed within the applicable one year measurement period as required by FASB ASC Topic 805, “Business Combinations.” As the Company finalizes the fair values of assets acquired and liabilities assumed, additional purchase price adjustments may be recorded during the measurement period. Fair value estimates are based on a complex series of judgments about future events and uncertainties and rely heavily on estimates and assumptions. The judgments used to determine the estimated fair value assigned to each class of assets acquired and liabilities assumed, as well as asset lives, can materially impact the Company's results of operations and financial position. The finalization of the purchase accounting assessment may result in a change in the valuation of assets acquired and liabilities assumed and may have a material impact on the Company's results of operations and financial position.


Accounts receivable	$	32.3
Inventories	47.6
Other current assets	1.9
Property, plant and equipment	54.7
Other non-current assets	5.4
Intangible assets	417.1
Accounts payable	(12.6)
Other accrued liabilities	(16.1)
Deferred tax liabilities, net	(106.5)
Other non-current liabilities	(4.7)
Goodwill	539.2
Total Estimate of Consideration Transferred, Net of Cash Acquired	$	958.3

The Condensed Consolidated Financial Statements include the results of operations of the acquired businesses from their respective dates of acquisition. Pro forma information related to these acquisitions has not been included because the impact of net sales and earnings related to these acquisitions for the twelve months ended December 31, 2025 was not material to the Company’s condensed consolidated results of operations.

Cash used for the acquisition of businesses, net of cash acquired as reported in the Consolidated Statement of Cash Flows for the year ended December 31, 2025 is $958.3 million.

The purchase price allocation to identifiable intangible assets acquired for all of the 2025 acquisitions is as follows (in millions, except useful life amounts):


	Estimated Fair Value		Weighted Average Estimated Useful Life
Patents, tradenames and trademarks	$	19.2	20
Customer relationships	338.5		23
Developed technology	55.0		10
Backlog	4.4		2
Total	$	417.1

Customer relationships and developed technology intangible assets acquired are amortized using an accelerated method that reflects the pattern in which economic benefits of the intangible assets are consumed and results in higher amortization in the earlier years of the asset’s useful life.

2023 Acquisitions

In the fourth quarter of 2023 the Company acquired Northern Star Holdings, Inc., (“Systems Control”) for approximately $1.1 billion, net of cash acquired, subject to customary purchase price adjustments. Systems Control is a manufacturer of substation control and relay panels, as well as turnkey substation control building solutions. This business is reported in the Utility Solutions segment. We have recognized intangible assets of $573.9 million and goodwill of $517.9 million as a result of this acquisition. The goodwill is attributable primarily to expected synergies, expanded market opportunities, and other expected benefits that the Company believes will result from combining its operations with the operations of Systems Control. For tax purposes, $138.8 million of the Systems Control historical goodwill is deductible. The incremental goodwill created as a result of the acquisition is not deductible for tax purposes. The intangible assets of $573.9 million consist primarily of customer relationships, tradenames and backlog and will be amortized over a weighted average period of approximately 19 years.

In the fourth quarter of 2023, the Company acquired all of the issued and outstanding shares of Indústria Eletromecânica Balestro Ltda. (“Balestro”) for a cash purchase price of approximately $87 million, net of cash acquired, subject to customary purchase price adjustments. Balestro is a company headquartered in Mogi Mirim, São Paulo, Brazil and designs, manufactures, and delivers top quality products for the electrical utility industry in Brazil and other countries in Latin America, as well as other parts of the world. This business is reported in the Utility Solutions segment. We have recognized intangible assets of $5.6 million and goodwill of $64.5 million as a result of this acquisition. The intangible assets of $5.6 million consist primarily of customer relationships, tradenames and backlog and will be amortized over a weighted average period of approximately 21 years. The goodwill is not expected to be deductible for tax purposes.

In the second quarter of 2023, the Company acquired all of the issued and outstanding membership interests of EI Electronics LLC (“EIG”) for a cash purchase price of approximately $60 million, net of cash acquired, subject to customary purchase price adjustments. EIG offers fully integrated energy management and power quality monitoring solutions for the electric utility and commercial & industrial markets. This business is reported in the Utility Solutions segment. We have recognized intangible assets of $28.7 million and goodwill of $23.3 million as a result of this acquisition. The intangible assets of $28.7 million consist primarily of customer relationships, developed technology, a trade name and backlog and will be amortized over a weighted average period of approximately 14 years. All of the goodwill is expected to be deductible for tax purposes.

These business acquisitions have been accounted for as business combinations and have resulted in the recognition of goodwill. The goodwill relates to a number of factors implied in the purchase prices, including the future earnings and cash flow potential of the businesses as well as the complementary strategic fit and resulting synergies that such business acquisitions bring to the Company’s existing operations.

Allocation of Consideration Transferred to Net Assets Acquired


Accounts receivable	$	71.5
Inventories	84.9
Other current assets	49.6
Property, plant and equipment	31.6
Other non-current assets	2.8
Intangible assets	608.2
Accounts payable	(17.5)
Other accrued liabilities	(85.1)
Deferred tax liabilities, net	(134.0)
Other non-current liabilities	(11.9)
Goodwill	605.7
Total Estimate of Consideration Transferred, Net of Cash Acquired	$	1,205.8

Cash used for the acquisition of businesses, net of cash acquired as reported in the Consolidated Statement of Cash Flows for the year ended December 31, 2023 is $1,211.7 million and net working capital settlements relating to acquisitions completed in previous years resulted in $5.9 million of cash receipts for the year ended December 31, 2024. These amounts exclude approximately $7.2 million of deferred purchase price related to the Balestro acquisition.

The purchase price allocation to identifiable intangible assets acquired for all of the 2023 acquisitions is as follows (in millions, except useful life amounts):


	Estimated Fair Value		Weighted Average Estimated Useful Life
Patents, tradenames and trademarks	$	45.1	20
Customer relationships	503.0		21
Developed technology	8.5		10
Backlog	51.6		3
Total	$	608.2

Supplemental Pro-forma Data

The results of operations for the 2023 acquisitions have been included in the Company’s consolidated financial statements for the period subsequent to the completion of the acquisitions on their respective dates. Acquisitions contributed sales of approximately $41.4 million and operating income of approximately $0.0 million, before any transaction costs described below, for the period from the completion of the acquisitions through December 31, 2023.



	Twelve Months Ended December 31,		Per Diluted Share
	2023		2023
Transaction costs incurred in 2023(1)	$	11.2	$	0.21
Intangible amortization and inventory step up(2)	$	(20.7)	$	(0.38)
Interest expense(3)	$	1.2	$	0.02

(1) Transaction costs incurred in 2023 have been reclassified into the comparative pro-forma 2022 period.

The pro-forma results were calculated by combining the results of the Company with the stand-alone results of the acquisitions for the pre-acquisition periods, as described above:


	Twelve Months Ended
(in millions, except per share amounts)	December 31, 2023
Net sales	$	5,762.1
Net income attributable to Hubbell	$	801.4
Earnings Per Share:
Basic	$	14.92
Diluted	$	14.81

The unaudited supplemental pro-forma financial information does not reflect the actual performance of the 2023 acquisitions in the periods presented and does not reflect the potential realization of cost savings relating to the integration of the acquisitions with Hubbell. Further, the pro-forma data should not be considered indicative of the results that would have occurred if the acquisitions and related financing had been consummated on January 1, 2022, nor are they indicative of future results.

Dispositions

In December 2023, the Company entered into a definitive agreement to sell its residential lighting business for a cash purchase price of $131 million, subject to customary adjustments. The Company concluded the business met the criteria for classification as held for sale in the fourth quarter of 2023. The residential lighting business is reported with the Electrical Solutions Segment. The transaction closed in the first quarter of 2024 and the Company recorded a pre-tax loss on the sale of $5.3 million, which is recorded within Total other expense in the Company’s Consolidated Statement of Income.

Under the terms of the transaction, Hubbell and the buyer entered into a transition services agreement (“TSA”), pursuant to which the Company agreed to provide certain administrative and operational services for a period of 12 months or less. Income from the TSA for the years ended December 31, 2025 and 2024 was $1.9 million and $7.2 million, respectively, and was recorded in Other expense, net in the Consolidated Statement of Income.

In the second quarter of 2025, the Company sold a product line from the Electrical Solutions segment for $2.6 million, and recognized a $0.4 million pre-tax loss on the disposition, which is recorded within Total other expense in the Company's Consolidated Statements of Income.

Receivables and Allowances (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Accounts and Financing Receivable, after Allowance for Credit Loss, Current [Abstract]
Trade accounts receivable	$ 879.4	$ 780.1
Non-trade receivables	29.5	22.4
Accounts receivable, gross	908.9	802.5
Allowance for credit memos, returns and cash discounts	(38.1)	(35.2)
Allowance for doubtful accounts	(13.9)	(11.3)
Total allowances	(52.0)	(46.5)
ACCOUNTS RECEIVABLE, NET	$ 856.9	$ 756.0

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Changes in the carrying amounts of goodwill for the years ended December 31, 2025 and 2024, by segment, were as follows (in millions):


	Segment
	Utility Solutions		Electrical Solutions		Total
BALANCE AT DECEMBER 31, 2023	$	1,897.5	$	635.9	$	2,533.4
Prior year acquisitions	(9.0)		—		(9.0)


Foreign currency translation	(20.1)		(3.5)		(23.6)
BALANCE AT DECEMBER 31, 2024	$	1,868.4	$	632.4	$	2,500.8
Current year dispositions(1)	—		(0.3)		(0.3)

Current year acquisitions(1)	499.2		40.0		539.2
Foreign currency translation	16.4		4.7		21.1
BALANCE AT DECEMBER 31, 2025	$	2,384.0	$	676.8	$	3,060.8

(1) Refer to Note 3 - Business Acquisitions and Dispositions for additional information.

The Company has not recorded any goodwill impairments since the initial adoption of the related accounting guidance in 2002.

Identifiable intangible assets are recorded in Other intangible assets, net in the Consolidated Balance Sheet. Identifiable intangible assets are comprised of the following (in millions):


	December 31, 2025				December 31, 2024
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Definite-lived:
Patents, tradenames and trademarks	$	250.0	$	(104.7)	$	232.4	$	(95.2)
Customer relationships	1,633.6		(517.6)		1,290.0		(443.2)
Developed technology and other	278.6		(179.4)		221.4		(158.8)
TOTAL DEFINITE-LIVED INTANGIBLES	2,162.2		(801.7)		1,743.8		(697.2)
Indefinite-lived:
Tradenames and other	33.8		—		33.4		—
TOTAL OTHER INTANGIBLE ASSETS	$	2,196.0	$	(801.7)	$	1,777.2	$	(697.2)

Amortization expense associated with these definite-lived intangible assets was $103.6 million, $116.6 million and $73.5 million in 2025, 2024 and 2023, respectively. Amortization expense associated with these intangible assets is expected to be $111.5 million in 2026, $114.1 million in 2027, $109.5 million in 2028, $104.8 million in 2029 and $97.7 million in 2030. The Company amortizes intangible assets with definite lives using either an accelerated method that reflects the pattern in which economic benefits of the intangible assets are consumed and results in higher amortization in the earlier years of the assets’ useful life, or using a straight line method. Approximately 90% of the gross value of definite-lived intangible assets follow an accelerated amortization method.

Consolidated Statement of Changes in Equity (Parenthetical) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Cash dividends declared (USD per share)

$ 5.38

$ 4.98

$ 4.58

Retained Earnings

Acquisition and surrender of common shares

^[1]

$ 223.9

$ 41.1

$ 36.6

[1]

For accounting purposes, the Company treats repurchased shares as constructively retired when acquired and accordingly charges the purchase price against Common Stock par value, Additional paid-in capital, to the extent available, and Retained earnings. The change in Retained earnings of $223.9 million, $41.1 million and $36.6 million in 2025, 2024 and 2023, respectively, reflects this accounting treatment.

Income Taxes

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Income Taxes

The following table sets forth selected data with respect to the Company’s income tax provisions for the years ended December 31, (in millions):


	2025		2024		2023
Income before income taxes:
United States	$	968.1	$	851.3	$	836.9
International	151.0		155.5		135.3
TOTAL INCOME BEFORE INCOME TAXES	$	1,119.1	$	1,006.8	$	972.2
Provision for income taxes — current:
Federal	$	155.0	$	150.2	$	165.6
State	24.3		33.0		35.6
International	36.9		36.9		32.3
Total provision — current	$	216.2	$	220.1	$	233.5
Provision for income taxes — deferred:
Federal	$	28.3	$	12.6	$	(10.8)
State	0.8		(3.5)		(8.4)
International	(18.1)		(7.1)		0.3
Total provision — deferred	$	11.0	$	2.0	$	(18.9)
TOTAL PROVISION FOR INCOME TAXES	$	227.2	$	222.1	$	214.6

Deferred tax assets and liabilities result from differences in the basis of assets and liabilities for tax and financial statement purposes. The components of the deferred tax assets/(liabilities) at December 31, were as follows (in millions):


	2025		2024
Deferred tax assets:
Inventories	$	17.7	$	—
Lease liabilities	39.5		38.2
Income tax credits	10.4		23.9
Accrued liabilities	42.6		38.0
Pension	24.0		33.0
Post retirement and post employment benefits	3.1		3.4
Stock-based compensation	8.0		8.0
Loss carryforwards	11.1		10.4
Capitalized research expenditures	32.5		56.2
Miscellaneous other	24.1		23.3
Gross deferred tax assets	213.0		234.4
Valuation allowance	(19.7)		(34.1)
Total deferred tax assets, net of valuation allowance	193.3		200.3
Deferred tax liabilities:
Historical inventories including impact of accounting method change	(39.3)		(32.2)
Liability on undistributed foreign earnings	(5.6)		(5.3)
Goodwill and intangibles	(408.0)		(335.1)
Right-of-use assets	(38.0)		(36.8)
Property, plant, and equipment	(96.7)		(60.5)
Total deferred tax liabilities	(587.6)		(469.9)
TOTAL NET DEFERRED TAX LIABILITY	$	(394.3)	$	(269.6)
Deferred taxes are reflected in the Consolidated Balance Sheet as follows:
Non-current tax assets (included in Other long-term assets)	$	25.8	$	7.5
Non-current tax liabilities (included in Other Non-Current Liabilities)	(420.1)		(277.1)
TOTAL NET DEFERRED TAX LIABILITY	$	(394.3)	$	(269.6)

As of December 31, 2025, the Company had a total of $10.4 million of U.S. federal, state (net of federal benefit) and foreign tax credit carryforwards, available to offset future income taxes. As of December 31, 2025, $1.9 million of the tax credits may be carried forward indefinitely while the remaining $8.5 million will begin to expire at various times in 2026 through 2054. As of December 31, 2025, the Company had recorded tax benefits totaling $11.1 million for U.S. federal, state and foreign net operating loss carryforwards (“NOLs”). As of December 31, 2025, $5.2 million of NOLs may be carried forward indefinitely while the remaining $5.9 million will begin to expire at various times in 2026 through 2055. The tax benefit related to a portion of these NOLs has been adjusted to reflect an “ownership change” pursuant to Internal Revenue Code Section 382, which imposes an annual limitation on the utilization of pre-acquisition operating losses. The Company has recorded a net valuation allowance of $19.7 million on certain deferred tax assets including a portion of foreign and state tax credit carryforwards, capital loss carryforwards and NOLs that the Company anticipates will expire prior to utilization.

During 2025, the Company repatriated certain of its foreign earnings. As of December 31, 2025, the Company also anticipates repatriating certain of its foreign earnings in the future. The accompanying financial statements reflect the income tax expense associated with actual and anticipated remittances related to certain of our outside basis differences. The Company has not provided for the income tax effects of distributing the remaining undistributed foreign earnings as those amounts are either permanently reinvested or intended to be reinvested in our international operations. It is not practicable to estimate the tax cost associated with a remittance of such earnings.

The Company paid cash income taxes (net of refunds) in the following jurisdictions (in millions):


	2025		2024		2023
Federal	$	147.2	$	158.5	$	157.9
State payments	28.5		30.3		27.6
Foreign	38.6		36.5		29.5
TOTAL CASH TAXES PAID	$	214.3	$	225.3	$	215.0

The Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. The IRS and other tax authorities routinely audit the Company’s tax returns. These audits can involve complex issues which may require an extended period of time to resolve. In January 2023, the Company completed its 2018 U.S. federal tax examination with no material adjustments. The Company is currently not under a U.S. tax audit. The Company is under audit in Canada for the tax years 2020-2021. With few exceptions, the Company is no longer subject to state, local, or income tax examinations by tax authorities for years prior to 2021.

The following tax years, by major jurisdiction, are still subject to examination by taxing authorities:


Jurisdiction			Open Years
United States			2022-2025
UK			2022-2025
Puerto Rico			2021-2025
Canada			2020-2025

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions):


	2025		2024		2023
Unrecognized tax benefits at beginning of year	$	48.2	$	47.0	$	42.1
Additions based on tax positions relating to the current year	13.9		10.0		10.4
Reductions based on expiration of statute of limitations	(5.6)		(7.2)		(7.6)
Additions/(Subtractions) to tax positions relating to previous years	2.6		(0.4)		2.8
Settlements	(0.2)		(1.2)		(0.7)
TOTAL UNRECOGNIZED TAX BENEFITS	$	58.9	$	48.2	$	47.0

Included in the balance at December 31, 2025 are approximately $52.1 million of tax positions which, if in the future are determined to be recognizable, would affect the annual effective income tax rate. Additionally, there are $0.5 million of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty as to the timing of such deductibility. Because of the impact of deferred tax accounting, other than interest and penalties, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the applicable taxing authority to an earlier period. It is reasonably possible that in the next twelve months, because of changes in facts and circumstances, the unrecognized tax benefits may increase or decrease.

The Company’s policy is to record interest and penalties associated with the underpayment of income taxes within Provision for income taxes in the Consolidated Statement of Income. The Company recognized expense (benefit), before federal tax impact, related to interest and penalties of $0.9 million in 2025, $0.7 million in 2024 and $1.2 million in 2023. The Company had $9.5 million and $8.6 million accrued for the payment of interest and penalties as of December 31, 2025 and December 31, 2024, respectively.

The consolidated effective income tax rate varied from the United States federal statutory income tax rate for the years ended December 31, as follows (in millions and percentage):


	2025				2024				2023
	Amount		Percentage		Amount		Percentage		Amount		Percentage
U.S. Federal Statutory Tax Rate	$	235.0	21.0	%	$	211.5	21.0	%	$	203.9	21.0	%
State and Local Income taxes, net of federal income tax effect (1)	20.3		1.8		23.4		2.3		22.9		2.4
Foreign Tax Effect (2)	(11.4)		(1.0)		(1.5)		(0.1)		4.6		0.5
Effect of Cross-Border Tax Laws	(5.2)		(0.5)		(5.7)		(0.6)		(1.2)		(0.1)
Tax Credits	(8.5)		(0.8)		(7.4)		(0.7)		(9.4)		(1.0)
Nontaxable or Nondeductible Items	(0.3)		—		5.4		0.5		0.9		0.1
Changes in Unrecognized Tax Benefits	(2.7)		(0.2)		(3.6)		(0.3)		(7.1)		(0.8)
EFFECTIVE TAX RATE	$	227.2	20.3	%	$	222.1	22.1	%	$	214.6	22.1	%

(1) In 2025, state and local income taxes in California, Illinois, New Jersey, Texas, Minnesota, Wisconsin, Pennsylvania, Florida and Georgia comprise the majority of the state and local income taxes, net of federal effect category. In 2024, state and local income taxes in California, Illinois, New Jersey, Florida, Minnesota, Texas, Wisconsin, Georgia and Pennsylvania comprise the majority of the state and local income taxes, net of federal effect category. In 2023, state and local income taxes in California, Illinois, New Jersey, Florida, Texas, Minnesota, Wisconsin, Pennsylvania, Georgia and Michigan comprise the majority of the state and local income taxes, net of federal effect category.

(2) Includes the income tax benefit from International Restructuring.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
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-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 5: http://www.xbrl.org/2003/role/exampleRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Retirement Benefits - Schedule of Change in Benefit Obligations and Plan Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Pension Benefits
Change in benefit obligation
Benefit obligation at beginning of year	$ 657.1	$ 674.9
Service cost	0.5	0.6	$ 0.6
Interest cost	35.2	33.4	35.2
Plan participants’ contributions	0.0	0.0
Amendments	0.0	0.0
Actuarial (gain)/loss	(0.6)	5.4
Currency impact	4.4	(1.8)
Other	0.0	0.0
Benefits paid	(60.4)	(55.4)
Benefit obligation at end of year	636.2	657.1	674.9
Change in plan assets
Fair value of plan assets at beginning of year	499.0	543.1
Actual return on plan assets	44.8	5.2
Employer contributions	48.8	8.2
Plan participants’ contributions	0.0	0.0
Currency impact	4.5	(2.1)
Benefits paid	(60.4)	(55.4)
Fair value of plan assets at end of year	536.7	499.0	543.1
FUNDED STATUS	(99.5)	(158.1)
Amounts recognized in the consolidated balance sheet consist of:
Prepaid pensions (included in Other long-term assets)	23.8	15.5
Accrued benefit liability (short-term and long-term)	(123.3)	(173.6)
NET AMOUNT RECOGNIZED IN THE CONSOLIDATED BALANCE SHEET	(99.5)	(158.1)
Amounts recognized in Accumulated other comprehensive loss (income) consist of:
Net actuarial loss (gain)	226.1	251.6
Prior service cost	5.3	5.6
NET AMOUNT RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE LOSS	231.4	257.2
Other Benefits
Change in benefit obligation
Benefit obligation at beginning of year	14.2	16.1
Service cost	0.0	0.0	0.0
Interest cost	0.7	0.8	0.8
Plan participants’ contributions	0.0	0.0
Amendments	0.0	0.0
Actuarial (gain)/loss	(1.4)	(1.8)
Currency impact	0.0	0.0
Other	0.0	0.0
Benefits paid	(0.7)	(0.9)
Benefit obligation at end of year	12.8	14.2	16.1
Change in plan assets
Fair value of plan assets at beginning of year	0.0	0.0
Actual return on plan assets	0.0	0.0
Employer contributions	0.7	0.9
Plan participants’ contributions	0.0	0.0
Currency impact	0.0	0.0
Benefits paid	(0.7)	(0.9)
Fair value of plan assets at end of year	0.0	0.0	$ 0.0
FUNDED STATUS	(12.8)	(14.2)
Amounts recognized in the consolidated balance sheet consist of:
Prepaid pensions (included in Other long-term assets)	0.0	0.0
Accrued benefit liability (short-term and long-term)	(12.8)	(14.2)
NET AMOUNT RECOGNIZED IN THE CONSOLIDATED BALANCE SHEET	(12.8)	(14.2)
Amounts recognized in Accumulated other comprehensive loss (income) consist of:
Net actuarial loss (gain)	(6.9)	(6.1)
Prior service cost	0.0	0.0
NET AMOUNT RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE LOSS	$ (6.9)	$ (6.1)

Stock-Based Compensation - Schedule of Performance Shares, Performance Condition (Details) - Performance Shares - Performance Condition - $ / shares	1 Months Ended
	Feb. 28, 2025	Feb. 29, 2024	Feb. 28, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (USD per share)	$ 380.99	$ 341.19	$ 230.64
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based criteria plan payout ( as percent)	0.00%	0.00%	0.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based criteria plan payout ( as percent)	200.00%	200.00%	200.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
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-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
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+ Details

Industry Segments and Geographic Area Information - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
Export sales from United States	$ 326.7	$ 396.0	$ 345.6
Number Of Reportable Segments Disclosed By Definition Flag	reporting segments
International \| Net Sales Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	7.00%	8.00%	8.00%
International \| Long-lived assets Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	9.00%	10.00%	10.00%
Canada \| Net Sales Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	33.00%
United Kingdom \| Net Sales Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	24.00%
United Kingdom \| Long-lived assets Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	21.00%
Brazil \| Net Sales Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	19.00%
Brazil \| Long-lived assets Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	18.00%
Spain \| Long-lived assets Total \| Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as percent)	14.00%

Stock-Based Compensation - Schedule of Stock Appreciation Rights (Details) - Stock Appreciation Rights SARS $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($) $ / shares shares
Number of Rights
OUTSTANDING beginning balance (in shares) \| shares	489
Shares granted (in shares) \| shares	66
Exercised (in shares) \| shares	(96)
Forfeited (in shares) \| shares	(5)
Canceled (in shares) \| shares	0
OUTSTANDING ending balance (in shares) \| shares	454
EXERCISABLE (in shares) \| shares	318
Weighted Average Exercise Price (USD per share)
OUTSTANDING beginning balance (USD per share) \| $ / shares	$ 198.12
Granted (USD per share) \| $ / shares	393.19
Exercised (USD per share) \| $ / shares	159.16
Forfeited (USD per share) \| $ / shares	306.77
Canceled (USD per share) \| $ / shares	0
OUTSTANDING AT ending balance (USD per Share) \| $ / shares	233.77
EXCERCISABLE (USD per share) \| $ / shares	$ 184.49
Weighted average remaining contractual term, outstanding	6 years 3 months 18 days
Weighted average remaining contractual term, exercisable	5 years 3 months 18 days
Aggregate intrinsic value, outstanding \| $	$ 95,455
Aggregate intrinsic value, exercisable \| $	$ 82,540

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Activity Related to Employee and Non-Employee Restricted Stock

Activity related to both employee and non-employee restricted stock awards for the year ended December 31, 2025 is as follows (in thousands, except per share amounts):


	Shares	Weighted Average Grant Date Fair Value/Share
RESTRICTED STOCK AT DECEMBER 31, 2024	151	$	221.92
Shares granted	40	389.14
Shares vested	(53)	217.46
Shares forfeited	(4)	316.54
RESTRICTED STOCK AT DECEMBER 31, 2025	134	$	269.99

Schedule of Stock Appreciation Rights

Activity related to SARs for the year ended December 31, 2025 is as follows (in thousands, except per share amounts):


	Number of Rights	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
OUTSTANDING AT DECEMBER 31, 2024	489	$	198.12
Granted	66	393.19
Exercised	(96)	159.16
Forfeited	(5)	306.77
Canceled	—	—
OUTSTANDING AT DECEMBER 31, 2025	454	$	233.77	6.3	$	95,455
EXERCISABLE AT DECEMBER 31, 2025	318	$	184.49	5.3	$	82,540

Schedule of the Weighted-Average Assumption Used in Estimating Fair Value of Stock Appreciation Rights

The following table summarizes the weighted-average assumptions used in estimating the fair value of the SARs granted during the years 2025, 2024 and 2023:


Grant Date	Expected Dividend Yield	Expected Volatility	Risk Free Interest Rate	Expected Term	Weighted Avg. Grant Date Fair Value of 1 SAR
2025	1.2%	24.2%	4.4%	4.8 years	$100.15
2024	1.5%	25.7%	4.0%	4.8 years	$88.17
2023	1.8%	28.0%	3.7%	4.9 years	$62.79

Schedule of the Attributes of the Performance Shares Granted During the Period

The following table summarizes the related assumptions used to determine the fair values of the performance share awards with a market condition granted during February 2025, 2024 and 2023:


Grant Date	Stock Price on Measurement Date	Dividend Yield	Expected Volatility	Risk Free Interest Rate	Expected Term	Weighted Avg. Grant Date Fair Value
February 2025	$393.16	1.3%	31.0%	4.3%	2.9 years	$421.00
February 2024	$352.55	1.4%	30.6%	4.1%	2.9 years	$483.99
February 2023	$241.17	1.9%	39.4%	4.1%	2.9 years	$279.47

The Company expenses these awards on a straight-line basis over the requisite service period and including an assessment of the performance achieved to date. The weighted average fair value per share was $380.99, $341.19 and $230.64 for the awards granted in 2025, 2024, and 2023, respectively.

Grant Date

Fair Value

Performance Period

Payout Range

February 2025

$380.99

Jan 2025 - Dec 2027

0-200%

February 2024

$341.19

Jan 2024 - Dec 2026

0-200%

February 2023

$230.64

Jan 2023 - Dec 2025

0-200%

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2025
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include all wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated. The Company participates in two joint ventures that have been consolidated in accordance with the consolidation accounting guidance. An analysis is performed to determine which reporting entity, if any, has a controlling financial interest in a variable interest entity (“VIE”) with a primarily qualitative analysis. The qualitative analysis is based on identifying the party that has both the power to direct the activities that most significantly impact the VIE’s economic performance (the “power criterion”) and the obligation to absorb losses from or the right to receive benefits of the VIE that could potentially be significant to the VIE (the “losses/benefit criterion”). The party that meets both these criteria is deemed to have a controlling financial interest. The party with the controlling financial interest is considered to be the primary beneficiary and as a result is required to consolidate the VIE. The Company has a 50% interest in a joint venture in Hong Kong, established as Hubbell Asia Limited (“HAL”). The principal objective of HAL is to manage the operations of its wholly-owned manufacturing company in China. Under the accounting guidance, the Company is the primary beneficiary of HAL and as a result consolidates HAL. This determination is based on the fact that HAL’s sole business purpose is to manufacture product exclusively for the Company (the power criterion) and the Company is financially responsible for ensuring HAL maintains a fixed operating margin (the losses/benefit criterion). The consolidation of HAL is not material to the Company’s consolidated financial statements.
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts in the Consolidated Financial Statements and accompanying Notes to Consolidated Financial Statements. Actual results could differ from the estimates that are used.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which generally occurs, for products, upon the transfer of control in accordance with the contractual terms and conditions of the sale. The majority of the Company’s revenue associated with products is recognized at a point in time when the product is shipped to the customer, with a relatively small amount of transactions in the Utility Solutions segment recognized upon delivery of the product at the contractually specified destination. The Company also has performance obligations, primarily within the Utility Solutions segment, that are recognized over time due to the customized nature of the product and the Company’s enforceable right to receive payment for work performed to date in the event of a cancellation. The Company uses an input measure to determine the extent of progress towards completion of the performance obligation, which the Company believes best depicts the transfer of control to the customer. Under this method, revenue recognition is based upon the ratio of costs incurred to date compared with estimated total costs to complete. Revenue from service contracts and post-shipment performance obligations is approximately one percent of total annual consolidated net revenue and those service contracts and post-shipment obligations are primarily within the Utility Solutions segment. Revenue from service contracts and post-shipment performance obligations is recognized when or as those obligations are satisfied. The Company primarily offers assurance-type standard warranties that do not represent separate performance obligations and on occasion will separately offer and price extended warranties that are separate performance obligations for which the associated revenue is recognized over-time based on the extended warranty period. The Company records amounts billed to customers for reimbursement of shipping and handling costs within revenue. Shipping and handling costs associated with outbound freight after control over a product has transferred to a customer are accounted for as fulfillment costs and are included in cost of goods sold. Sales taxes and other usage-based taxes are excluded from revenue. Certain businesses require a portion of the transaction price to be paid in advance of transfer of control. Advance payments are not considered a significant financing component as they are received less than one year before the related performance obligations are satisfied. In addition, in the Utility Solutions segment, certain businesses offer annual maintenance service contracts that require payment at the beginning of the contract period. These payments are treated as a contract liability and are classified in Other accrued liabilities in the Consolidated Balance Sheet. Once control transfers to the customer and the Company meets the revenue recognition criteria, the deferred revenue is recognized in the Consolidated Statement of Income. The deferred revenue relating to the annual maintenance service contracts is recognized in the Consolidated Statement of Income on a straight line basis over the expected term of the contract. The Company has certain arrangements that require us to estimate at the time of sale the amounts of variable consideration that should not be recorded as revenue as certain amounts are not expected to be collected from customers, as well as an estimate of the value of the product to be returned. The Company principally relies on historical experience, specific customer agreements and anticipated future trends to estimate these amounts at the time of shipment and to reduce the transaction price. These arrangements include sales discounts and allowances based on sales volumes, specific programs and special pricing allowances, and returned goods, as are customary in the electrical products industry. Customer returns have historically been approximately 1% of gross sales. Shipping and Handling Costs The Company records shipping and handling costs as part of Cost of goods sold in the Consolidated Statement of Income.
Foreign Currency Translation	Foreign Currency Translation The assets and liabilities of international subsidiaries are translated to U.S. dollars at exchange rates in effect at the end of the year, and income and expense items are translated at average exchange rates in effect during the year. The effects of exchange rate fluctuations on the translated amounts of foreign currency assets and liabilities are included as translation adjustments in Accumulated other comprehensive loss within Hubbell shareholders’ equity. Gains and losses from foreign currency transactions are included in results of operations.
Cash and Cash Equivalents	Cash and Cash Equivalents The carrying value of cash equivalents approximates fair value. Cash equivalents consist of highly liquid investments with original maturities to the Company of three months or less.
Investments	Investments Investments in debt and equity securities are classified by individual security as available-for-sale, held-to-maturity or trading securities. Our available-for-sale securities, consisting of municipal bonds, are carried on the balance sheet at fair value with current period adjustments to carrying value recorded in Accumulated other comprehensive loss within Hubbell shareholders’ equity, net of tax. Realized gains and losses are recorded in income in the period of sale. The Company’s trading securities are carried on the balance sheet at fair value and consist primarily of debt and equity mutual funds. Gains and losses associated with these trading securities are reflected in the results of operations.
Accounts Receivable and Allowances	Accounts Receivable and Allowances Trade accounts receivable are recorded at the invoiced amount and generally do not bear interest. The allowance for doubtful accounts is based on an estimated amount of probable credit losses in existing accounts receivable. The allowance is calculated based upon a combination of historical write-off experience, fixed percentages applied to aging categories and specific identification based upon a review of past due balances and problem accounts. Account balances are charged off against the allowance when it is determined that internal collection efforts should no longer be pursued. The Company also maintains a reserve for credit memos and cash discounts which are principally calculated based upon historical experience, specific customer agreements, and anticipated future trends.
Inventories	Inventories Inventories are stated at the lower of cost and net realizable value. The cost of foreign inventories and domestic inventories is determined utilizing first-in, first-out (FIFO) or average cost methods of inventory accounting. Reserves for excess and obsolete inventory are provided based on current assessments about future demand compared to on-hand quantities. In the second quarter of 2025, the Company elected to change its method of accounting for certain inventory in the U.S. from last in, first out ("LIFO") to first in, first out ("FIFO"). The change to FIFO is preferable because it provides a better matching of costs and revenues, conforms the Company's inventory to a single method of accounting and improves comparability with the Company's peers.
Property, Plant and Equipment	Property, Plant, and Equipment Property, plant, and equipment values are stated at cost less accumulated depreciation and are depreciated over their estimated useful lives. Maintenance and repair expenditures that do not significantly increase the life of an asset are charged to expense when incurred. Leasehold improvements are amortized over the shorter of their economic lives or the lease term. Gains and losses arising on the disposal of property, plant and equipment are included in Operating income in the Consolidated Statement of Income.
Capitalized Computer Software Costs	Capitalized Computer Software Costs Capitalized computer software costs, net of amortization, were $9.7 million and $6.3 million at December 31, 2025 and 2024, respectively. This balance is reflected in Other long-term assets in the Consolidated Balance Sheet. Capitalized computer software is for internal use and costs primarily consist of purchased materials, external services and salary costs for personnel dedicated to the projects. Software is amortized on a straight-line basis over appropriate periods, generally between three and five years. The Company recorded amortization expense of $3.8 million in 2025, $3.6 million in 2024 and $4.3 million in 2023 relating to capitalized computer software.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents purchase price in excess of fair values of the underlying net assets of acquired companies. Indefinite-lived intangible assets and goodwill are subject to annual impairment testing using the specific guidance and criteria described in the accounting guidance. The Company performs its goodwill impairment testing as of April 1st of each year, unless circumstances dictate the need for more frequent assessments. The accounting guidance provides entities with an option of performing a qualitative assessment (a “step-zero” test) before performing a quantitative analysis. If the entity determines, on the basis of certain qualitative factors, that it is more-likely-than-not that the goodwill is not impaired, the entity would not need to proceed to the quantitative goodwill impairment testing process as prescribed in the guidance. For each of the Company’s reporting units in 2025, the Company elected to utilize the quantitative goodwill impairment testing process, as permitted in the accounting guidance, by comparing the estimated fair value of the Company’s reporting units to their carrying values. If the fair value of the reporting unit exceeds its carrying value, no impairment exists. Goodwill impairment testing requires judgment, including the identification of reporting units, assigning assets and liabilities to reporting units and determining the fair value of each reporting unit. Significant judgment is required to estimate the fair value of reporting units, including estimating future cash flows, determining appropriate discount rates and other assumptions, including assumptions about secular economic and market conditions. The Company uses internal discounted cash flow models to estimate fair value. These cash flow estimates are derived from historical experience, third party end market data, and future long-term business plans and include assumptions on future sales growth, gross margin, operating margin, terminal growth rate, and the application of an appropriate discount rate. Significant changes in these estimates and assumptions could materially affect the determination of fair value and/or goodwill impairment for each reporting unit. The Company believes that its estimated aggregate fair value of its reporting units is reasonable when compared to the Company’s market capitalization on the valuation date. The Company completed its annual goodwill impairment test as of April 1, 2025. The impairment testing resulted in implied fair values for each reporting unit that significantly exceeded such reporting unit’s carrying value, including goodwill. Additionally, the Company did not have any reporting units with zero or negative carrying amounts. The Company has not recorded any goodwill impairments since the initial adoption of the accounting guidance in 2002. The organizational changes described in Note 2 - Revenue resulted in a change in the Company’s reporting units within the Electrical Solutions segment. As a result of the change in reporting units, the Company performed an interim goodwill impairment assessment during the third quarter of 2025, for the reporting units within the Electrical Solutions segment. Because the changes did not affect the Utility Solutions segment, no interim goodwill impairment assessment was required for that segment. For this interim assessment, the Company elected to utilize the quantitative goodwill impairment testing process, as permitted in the accounting guidance, by comparing the estimated fair value of the reporting units to their carrying values. The interim impairment testing resulted in implied fair values for each reporting unit that significantly exceeded such reporting unit’s carrying value, including goodwill. The Company’s intangible assets consist primarily of customer relationships, tradenames, developed technology and patents. Intangible assets with definite lives are amortized over periods generally ranging from 5-30 years. The Company amortizes intangible assets with definite lives using either an accelerated method that reflects the pattern in which economic benefits of the intangible assets are consumed and results in higher amortization in the earlier years of the assets’ useful life, or using a straight line method. Approximately 90% of the gross value of definite-lived intangible assets follow an accelerated amortization method. These definite lived intangibles are tested for impairment whenever events or circumstances indicate that the carrying amount of an asset (asset group) may not be recoverable. An impairment loss is recognized when the carrying amount of an asset exceeds the estimated undiscounted cash flows used in determining the fair value of the asset. The Company did not record any material impairments related to its definite lived intangible assets in 2025, 2024 or 2023. The Company also has some tradenames that are considered to be indefinite-lived intangible assets. These indefinite-lived intangible assets are not amortized and are tested for impairment annually, unless circumstances dictate the need for more frequent assessment. The identification and measurement of impairment of indefinite-lived intangible assets involves either an assessment of qualitative factors to determine whether events or circumstances indicate that it is more-likely-than-not that an indefinite-lived intangible asset is impaired or a quantitative assessment whereby the estimated fair value of each indefinite-lived intangible asset is compared to its carrying value. If it is more-likely-than-not that the asset is impaired, the estimated fair value of the indefinite lived intangibles will be determined using discounted cash flow estimates. If the carrying value of these assets exceeds the estimated fair value, the carrying value will be reduced to the estimated fair value. For the Company’s annual impairment test as of April 1, 2025, the Company elected to utilize the quantitative impairment testing process as permitted in the accounting guidance. The estimated fair value was determined utilizing an income approach (relief from royalty method). Significant judgment is required to estimate the fair value of the indefinite-lived intangible assets, including assumptions for future revenues, discount rates, royalty rates, and other assumptions, including assumptions about secular economic and market conditions. Significant changes in these estimates and assumptions could affect the determination of fair value and/or impairment for each indefinite-lived intangible asset. As of April 1, 2025, the impairment testing resulted in estimated fair values for each indefinite-lived intangible asset that significantly exceeded the carrying values and there were no indefinite-lived intangible assets at risk of failing the quantitative impairment test. The Company did not record any impairments related to indefinite-lived intangible assets in 2025, 2024 and 2023.
Other Long-Lived Assets	Other Long-Lived Assets The Company reviews depreciable long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. If such a change in circumstances occurs, the related estimated future undiscounted cash flows expected to result from the use of the asset group and its eventual disposition is compared to the carrying amount. If the sum of the expected cash flows is less than the carrying amount, an impairment charge is recorded. The impairment charge is measured as the amount by which the carrying amount exceeds the fair value of the asset. The fair value of impaired assets is determined using expected cash flow estimates, quoted market prices when available and appraisals as appropriate. The Company did not record any material impairment charges in 2025, 2024 or 2023.
Leases	Leases We determine if an arrangement is a lease at inception. Operating leases are included as ROU assets within other long-term assets, and lease liabilities are included as other accrued liabilities, and other non-current liabilities in our Consolidated Balance Sheets. Finance leases are included in property, plant, and equipment, net, other accrued liabilities, and other non-current liabilities. The Company’s finance leases are immaterial. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. We use an implicit rate when readily determinable. For leases existing as of January 1, 2019, we have elected to use the remaining lease term as of the adoption date in determining the incremental borrowing rate. Our determination of the lease term may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. We have lease agreements with lease and non-lease components, which are generally accounted for separately. Additionally, for our vehicle leases, we apply a portfolio approach regarding the assumed lease term.
Accrued Insurance	Accrued Insurance The Company retains a significant portion of the risks associated with workers’ compensation, medical, automobile and general liability insurance. The Company estimates self-insurance liabilities using a number of factors, including historical claims experience, demographic factors, and other actuarial assumptions. The accrued liabilities associated with these programs are based on the Company’s estimate of the ultimate costs to settle known claims as well as claims incurred but not reported as of the balance sheet date. The Company periodically reviews the assumptions with a third party actuary to determine the adequacy of these self-insurance reserves.
Accrued Warranty	Accrued Warranty The Company offers product warranties which cover defects on most of its products. These warranties primarily apply to products that are properly installed, maintained and used for their intended purposes. The Company accrues estimated warranty costs at the time of sale. Estimated warranty expenses, recorded in cost of goods sold, are based upon historical information such as past experience, product failure rates, or the estimated number of units to be repaired or replaced. Adjustments are made to the product warranty accrual as claims are incurred, additional information becomes known or as historical experience indicates.
Income Taxes	Income Taxes The Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. The IRS and other tax authorities routinely examine the Company’s tax returns. These audits can involve complex issues which may require an extended period of time to resolve. The Company makes adequate provisions for best estimates of exposures on previously filed tax returns. Deferred income taxes are recognized for the tax consequence of differences between financial statement carrying amounts and the tax basis of assets and liabilities by applying the currently enacted statutory tax rates in accordance with the accounting guidance for income taxes. The effect of a change in statutory tax rates is recognized in the period that includes the enactment date. Additionally, deferred tax assets are required to be reduced by a valuation allowance if it is more-likely-than-not that a portion or all of the deferred tax asset will not be realized. The Company uses factors to assess the likelihood of realization of deferred tax assets such as the forecast of future taxable income and available tax planning that could be implemented to realize the deferred tax assets. In addition, the accounting guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of the tax position taken or expected to be taken in a tax return. For any amount of benefit to be recognized, it must be determined that it is more-likely-than-not that a tax position will be sustained upon examination by taxing authorities based on the technical merits of the position. The amount of benefit to be recognized is based on the Company’s assertion of the most likely outcome resulting from an examination, including resolution of any related appeals or litigation processes. Companies are required to reflect only those tax positions that are more-likely-than-not to be sustained. See Note 13 — Income Taxes for additional information.
Research and Development	Research and Development Research and development expenditures represent costs to discover and/or apply new knowledge in developing a new product, process, or in bringing about a significant improvement to an existing product or process. Research and development expenses are recorded as a component of Cost of goods sold.
Government Assistance	Government Assistance The Company records amounts received from government entities as a reduction of the associated expense. Amounts received related to depreciable assets are recognized as a reduction to depreciation expense. The total impact of government assistance was not material to the Company in 2025, 2024, and 2023.
Retirement Benefits	Retirement Benefits The Company maintains various defined benefit pension plans for some of its U.S. and foreign employees. The accounting guidance for retirement benefits requires the Company to recognize the funded status of its defined benefit pension and postretirement plans as an asset or liability in the Consolidated Balance Sheet. Gains or losses, prior service costs or credits, and transition assets or obligations that have not yet been included in net periodic benefit cost as of the end of the year are recognized as components of Accumulated other comprehensive loss, net of tax, within Hubbell shareholders’ equity. The Company’s policy is to fund pension costs within the ranges prescribed by applicable regulations. In addition to providing defined benefit pension benefits, the Company provides health care and life insurance benefits for some of its active and retired employees. The Company’s policy is to fund these benefits through insurance premiums or as actual expenditures are made. See also Note 11 — Retirement Benefits.
Earnings Per Share	Earnings Per Share Restricted stock granted by the Company is considered a participating security since it contains a non-forfeitable right to dividends. As a result, the earnings per share accounting guidance requires the Company to use the two-class method for calculating earnings per share. The two-class method is an earnings allocation formula that determines earnings per share for common stock and participating securities. Basic earnings per share is calculated as net income available to common shareholders divided by the weighted average number of shares of common stock outstanding. Earnings per diluted share is calculated as net income available to common shareholders divided by the weighted average number of shares outstanding of common stock plus the incremental shares outstanding assuming the exercise of dilutive stock appreciation rights and performance shares. See also Note 18 — Earnings Per Share.
Stock-Based Compensation	Stock-Based Compensation The Company recognizes the grant-date fair value of all stock-based awards on a straight-line basis over their respective requisite service periods (generally equal to an award’s vesting period). A stock-based award is considered vested for expense attribution purposes when the retention of the award is no longer contingent on providing subsequent service. Accordingly, the Company generally recognizes compensation cost immediately for awards granted to retirement-eligible individuals or over the period from the grant date to the date retirement eligibility is achieved, if less than the stated vesting period. The expense is recorded in Cost of goods sold and Selling & Administrative expense in the Consolidated Statement of Income based on the recipients’ respective functions within the organization. The Company records deferred tax assets for awards that will result in deductions on its tax returns, based upon the amount of compensation cost recognized and the statutory tax rate in the jurisdiction in which it will receive a deduction. See also Note 17 — Stock-Based Compensation.
Recently Adopted Accounting Pronouncements and Issued Accounting Pronouncements Not Yet Adopted	Recently Adopted Accounting Pronouncements In September 2022, the FASB issued ASU 2022-04, “Liabilities - Supplier Finance Programs (Subtopic 405-50: Disclosure of Supplier Finance Program Obligations)”, which the Company adopted in the first quarter of 2023, with the exception of the rollforward information, which was effective for the Company in the first quarter of 2024. Payment Services Arrangements The Company has ongoing agreements with financial institutions to facilitate the processing of vendor payables (“Payment Services Arrangement”). Under these agreements, the Company pays the financial institution the stated amount of confirmed invoices from participating suppliers on their original maturity date. The terms of the vendor payables are not affected by vendors participating in these agreements. As a result, the amounts owed are presented as accounts payable in the Company’s Consolidated Balance Sheet, of which $95.5 million and $101.9 million was outstanding at December 31, 2025 and December 31, 2024, respectively. Either party may terminate the agreements with 30 days written notice. Cash flows under the program are reported in operating activities in the Company’s Consolidated Statement of Cash Flows. In November 2023, the FASB issued ASU No. 2023-07, “Segment Reporting-Improvements to Reportable Segment Disclosures”, which adds a requirement for public entities to disclose its significant segment expense categories and amounts for each reportable segment for all periods presented. This information is required to be disclosed at both interim and annual periods. In addition, this ASU requires a public entity to disclose the title and position of the Chief Operating Decision Maker (“CODM”) in the consolidated financial statements. Public entities are also required to disclose how the CODM uses each reported measure of segment profit or loss to assess performance and allocate resources to the segments. The ASU is effective for public entities for fiscal years beginning after December 15, 2023, and interim periods in fiscal years beginning after December 15, 2024. The Company included the applicable disclosures within Note 20 - Industry Segments and Geographic Area Information. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes: Improvements to Income Tax Disclosures”, which enhances the disaggregation of income tax disclosures. The ASU requires public entities on an annual basis to disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold equal to or greater than 5%. Public entities are required to provide an explanation of certain rate reconciling items if not otherwise evident, such as the nature, causes and judgment used to categorize the item. The ASU also requires disclosure of income taxes paid (net of refund received) detailed by federal, state/local and foreign, and amounts paid to individual jurisdictions that are equal or greater than 5% of total income taxes paid. The ASU is effective for public entities for fiscal years beginning after December 15, 2024 and for interim periods for fiscal years beginning after December 15, 2025. The Company adopted the ASU on a retrospective basis with the applicable disclosures included within Note 13 - Income Taxes. Recently Issued Accounting Pronouncements Not Yet Adopted In November 2024, the FASB issued ASU 2024-03,“Disaggregation of Income Statement Expenses (DISE),” which requires additional disclosure of the nature of expenses included in the income statement. The standard requires disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. The ASU is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The requirements are required to be adopted prospectively with the option for retrospective application. The company is assessing the impact of adopting this standard on its financial statements and disclosures. In September 2025, the FASB issued ASU 2025-06, "Targeted Improvements to the Accounting for Internal-Use Software", which modernizes the accounting for software costs. The ASU is effective for public entities for fiscal years beginning after December 15, 2027, and interim periods for fiscal years beginning after December 15, 2027. The Company is assessing the impact of adopting this standard on its financial statements and disclosures. In October 2025, the FASB issued ASU 2025-10, "Accounting for Government Grants Received by Business Entities", which establishes the accounting for business entities on the recognition, measurement, presentation, and disclosure of government grants. The ASU is effective for public entities for fiscal years beginning after December 15, 2028, and interim periods for fiscal years beginning after December 15, 2029. The Company is assessing the impact of adopting this standard on its financial statements and disclosures.

Significant Accounting Policies - Schedule of Supplier Finance Program Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Payment Services Arrangement
Supplier Finance Program, Obligation [Roll Forward]
Confirmed obligations outstanding at the beginning of the period	$ 101.9	$ 101.3
Invoices confirmed during the period	322.9	348.7
Confirmed invoices paid during the period	(329.3)	(348.1)
Confirmed obligations outstanding at the end of the period	95.5	101.9
Commercial Card Program
Supplier Finance Program, Obligation [Roll Forward]
Confirmed obligations outstanding at the beginning of the period	2.4	2.0
Invoices confirmed during the period	21.8	24.7
Confirmed invoices paid during the period	(22.1)	(24.3)
Confirmed obligations outstanding at the end of the period	$ 2.1	$ 2.4

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 1,492.7	$ 1,502.4	$ 1,484.3	$ 1,365.2	$ 1,334.3	$ 1,442.6	$ 1,452.5	$ 1,399.1	$ 5,844.6	$ 5,628.5	$ 5,372.9
Cost of goods sold	967.6	958.1	932.2	922.6	882.1	936.6	938.7	965.5	3,780.5	3,722.9	3,495.9
Gross profit	525.1	544.3	552.1	442.6	452.2	506.0	513.8	433.6	2,064.1	1,905.6	1,877.0
Selling & administrative expenses	213.6	213.7	215.8	212.2	192.5	193.3	207.5	219.2	855.3	812.5	849.6
Net income	225.2	256.7	245.5	164.5	199.4	227.8	219.1	138.4	891.9	784.7	757.6
Net income attributable to Hubbell Incorporated	$ 224.2	$ 255.5	$ 244.2	$ 163.2	$ 198.2	$ 226.2	$ 217.5	$ 137.1	$ 887.1	$ 779.0	$ 751.4
Basic earnings per share (USD per share)	$ 4.21	$ 4.80	$ 4.58	$ 3.04	$ 3.69	$ 4.21	$ 4.04	$ 2.55	$ 16.63	$ 14.49	$ 13.98
Diluted earnings per share (USD per share)	$ 4.19	$ 4.77	$ 4.56	$ 3.03	$ 3.66	$ 4.18	$ 4.01	$ 2.53	$ 16.54	$ 14.39	$ 13.89

- Definition

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References + Details

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

- Definition

The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

+ References + Details

Consolidated Statement of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent, Parenthetical Disclosures [Abstract]
Defined benefit pension and post-retirement plans, tax	$ (6.9)	$ 4.6	$ (4.2)
Unrealized gain (loss) on investments, tax	(0.2)	(0.0)	(0.2)
Unrealized gain (losses) on cash flow hedges, tax	$ 0.6	$ (0.6)	$ 0.4

Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 01, 2025	Nov. 14, 2025	Dec. 31, 2024	Mar. 12, 2021	Feb. 28, 2018	Aug. 31, 2017
Debt Instrument [Line Items]
Long-term debt	$ 2,036.3			$ 1,442.7
Notes 2026 Term \| Senior Notes
Debt Instrument [Line Items]
Senior notes, stated (as a percent)	3.35%	3.35%
Long-term debt	$ 0.0			399.2
Notes 2027 Term \| Senior Notes
Debt Instrument [Line Items]
Senior notes, stated (as a percent)	3.15%						3.15%
Long-term debt	$ 299.1			298.6
Notes 2028 Term \| Senior Notes
Debt Instrument [Line Items]
Senior notes, stated (as a percent)	3.50%					3.50%
Long-term debt	$ 448.5			447.7
Notes 2031 Term \| Senior Notes
Debt Instrument [Line Items]
Senior notes, stated (as a percent)	2.30%				2.30%
Long-term debt	$ 297.7			297.2
Notes 2035 Term \| Senior Notes
Debt Instrument [Line Items]
Senior notes, stated (as a percent)	4.80%		4.80%
Long-term debt	$ 392.1			0.0
Term Loan \| Senior Notes
Debt Instrument [Line Items]
Senior notes, stated (as a percent)	4.99%
Long-term debt	$ 598.9			$ 0.0

Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	$ 3,410.6
Other comprehensive (loss) income	71.7	$ (74.1)	$ 32.8
End of period	3,857.9	3,410.6
AOCI Attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(386.5)	(312.4)	(345.2)
Other comprehensive income (loss) before reclassifications	63.5	(81.1)	25.7
Amounts reclassified from accumulated other comprehensive loss	8.2	7.0	7.1
Other comprehensive (loss) income	71.7	(74.1)	32.8
End of period	(314.8)	(386.5)	(312.4)
Cash Flow Hedge (Loss) Gain
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	1.0	(0.3)	0.6
Other comprehensive income (loss) before reclassifications	(0.9)	1.8	(0.3)
Amounts reclassified from accumulated other comprehensive loss	(0.4)	(0.5)	(0.6)
Other comprehensive (loss) income	(1.3)	1.3	(0.9)
End of period	(0.3)	1.0	(0.3)
Unrealized Gain (Loss) on Available-for-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(0.3)	(0.2)	(0.8)
Other comprehensive income (loss) before reclassifications	0.7	(0.1)	0.6
Amounts reclassified from accumulated other comprehensive loss	0.0	0.0	0.0
Other comprehensive (loss) income	0.7	(0.1)	0.6
End of period	0.4	(0.3)	(0.2)
Pension and Post Retirement Benefit Plan Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(193.4)	(178.4)	(188.6)
Other comprehensive income (loss) before reclassifications	15.0	(22.5)	2.5
Amounts reclassified from accumulated other comprehensive loss	8.6	7.5	7.7
Other comprehensive (loss) income	23.6	(15.0)	10.2
End of period	(169.8)	(193.4)	(178.4)
Cumulative Translation Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(193.8)	(133.5)	(156.4)
Other comprehensive income (loss) before reclassifications	48.7	(60.3)	22.9
Amounts reclassified from accumulated other comprehensive loss	0.0	0.0	0.0
Other comprehensive (loss) income	48.7	(60.3)	22.9
End of period	$ (145.1)	$ (193.8)	$ (133.5)

Financial Instruments and Fair Value Measurement - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Account receivable, net of allowances	$ 856.9	$ 756.0
Accounts receivable, allowances	13.9	11.3
Allowance for doubtful accounts increase (decrease)	2.6
Purchase of trading securities held-for-investment	3.6	4.9
Proceeds from the sale of trading securities held-for-investment	3.5	3.0
Long-term Debt	2,036.3	1,442.7
Long-term debt, fair value	2,008.3	1,367.3
Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments carried at fair value	$ 113.8	$ 100.8
Net Sales \| Top Ten Customers \| Customer Concentration Risk
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Concentration risk (as percent)	42.00%

Restructuring Costs

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Restructuring Costs

During 2025, we incurred costs for restructuring actions initiated in 2025 as well as costs relating to restructuring actions initiated in the prior year. Our restructuring actions are associated with cost reduction efforts that include the consolidation of manufacturing and distribution facilities, as well as, workforce reductions and the sale or exit of business units we determine to be non-strategic. Restructuring costs are primarily severance and employee benefits, asset impairments, as well as facility closure, contract termination and certain pension costs that are directly related to restructuring actions. These costs are predominantly settled in cash from our operating activities and are generally settled within one year, with the exception of asset impairments, which are non-cash.


	Twelve Months Ended December 31, 2025						Twelve Months Ended December 31, 2024						Twelve Months Ended December 31, 2023
	Utility Solutions		Electrical Solutions		Total		Utility Solutions		Electrical Solutions		Total		Utility Solutions		Electrical Solutions		Total
Restructuring costs
Cost of goods sold	$	5.6	$	4.3	$	9.9	$	3.2	$	6.1	$	9.3	$	2.7	$	1.7	$	4.4
S&A expense	0.5		1.6		2.1		1.3		2.2		3.5		0.2		0.8		1.0
Total restructuring costs	$	6.1	$	5.9	$	12.0	$	4.5	$	8.3	$	12.8	$	2.9	$	2.5	$	5.4

The following table summarizes the accrued liabilities for our restructuring actions (in millions):


	Beginning Accrued Restructuring Balance 1/1/25		Pre-tax Restructuring Costs		Utilization and Foreign Exchange		Ending Accrued Restructuring Balance 12/31/25
2025 Restructuring Actions
Severance	$	—	$	4.6	$	(4.0)	$	0.6
Asset write-downs	—		1.6		(1.6)		—
Facility closure and other costs	—		2.9		(2.9)		—
Total 2025 Restructuring Actions	$	—	$	9.1	$	(8.5)	$	0.6
2024 and Prior Restructuring Actions
Severance	$	4.5	$	0.5	$	(1.4)	$	3.6
Asset write-downs	—		—		—		—
Facility closure and other costs	0.1		2.4		(2.0)		0.5
Total 2024 and Prior Restructuring Actions	$	4.6	$	2.9	$	(3.4)	$	4.1
Total Restructuring Actions	$	4.6	$	12.0	$	(11.9)	$	4.7

The actual and expected pre-tax costs for our restructuring actions are as follows (in millions):


	Expected Costs		Costs incurred in 2023		Costs incurred in 2024		Costs incurred in 2025		Remaining costs at 12/31/25
2025 Restructuring Actions
Utility Solutions	$	7.7	$	—	$	—	$	6.0	$	1.7
Electrical Solutions	3.3		—		—		3.1		0.2
Total 2025 Restructuring Actions	$	11.0	$	—	$	—	$	9.1	$	1.9
2024 Restructuring Actions
Utility Solutions	$	4.2	$	—	$	4.1	$	0.1	$	—
Electrical Solutions	11.7		—		6.8		2.8		2.1
Total 2024 Restructuring Actions	$	15.9	$	—	$	10.9	$	2.9	$	2.1
2023 and Prior Restructuring Actions
Utility Solutions	$	3.3	$	2.9	$	0.4	$	—	$	—
Electrical Solutions	4.0		2.5		1.5		—		—
Total 2023 and Prior Restructuring Actions	$	7.3	$	5.4	$	1.9	$	—	$	—
Total Restructuring Actions	$	34.2	$	5.4	$	12.8	$	12.0	$	4.0

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Deferred tax assets:
Inventories	$ 17.7	$ 0.0
Lease liabilities	39.5	38.2
Income tax credits	10.4	23.9
Accrued liabilities	42.6	38.0
Pension	24.0	33.0
Post retirement and post employment benefits	3.1	3.4
Stock-based compensation	8.0	8.0
Loss carryforwards	11.1	10.4
Capitalized research expenditures	32.5	56.2
Miscellaneous other	24.1	23.3
Gross deferred tax assets	213.0	234.4
Valuation allowance	(19.7)	(34.1)
Total deferred tax assets, net of valuation allowance	193.3	200.3
Deferred tax liabilities:
Historical inventories including impact of accounting method change	(39.3)	(32.2)
Liability on undistributed foreign earnings	(5.6)	(5.3)
Goodwill and intangibles	(408.0)	(335.1)
Right-of-use assets	(38.0)	(36.8)
Property, plant, and equipment	(96.7)	(60.5)
Total deferred tax liabilities	(587.6)	(469.9)
Deferred taxes are reflected in the Consolidated Balance Sheet as follows:
Non-current tax assets (included in Other long-term assets)	25.8	7.5
Non-current tax liabilities (included in Other Non-Current Liabilities)	(420.1)	(277.1)
TOTAL NET DEFERRED TAX LIABILITY	$ (394.3)	$ (269.6)

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Schedule of Supplier Finance Program Obligations



(in millions)	Year Ended December 31, 2025		Year Ended December 31, 2024
Confirmed obligations outstanding at the beginning of the period	$	101.9	$	101.3
Invoices confirmed during the period	322.9		348.7
Confirmed invoices paid during the period	(329.3)		(348.1)
Confirmed obligations outstanding at the end of the period	$	95.5	$	101.9



(in millions)	Year Ended December 31, 2025		Year Ended December 31, 2024
Confirmed obligations outstanding at the beginning of the period	$	2.4	$	2.0
Invoices confirmed during the period	21.8		24.7
Confirmed invoices paid during the period	(22.1)		(24.3)
Confirmed obligations outstanding at the end of the period	$	2.1	$	2.4

Schedule of Change in Inventory Costing Method


	For the Year Ended December, 31, 2025						For the Year Ended December, 31, 2024						For the Year Ended December, 31, 2023
	As Computed Under LIFO		Impact of Change		As Reported		As Reported Under LIFO		Impact of Change FIFO		As Adjusted		As Reported Under LIFO		Impact of Change FIFO		As Adjusted
Consolidated Statement of Income
Net sales	$	5,844.6	$	—	$	5,844.6	$	5,628.5	$	—	$	5,628.5	$	5,372.9	$	—	$	5,372.9
Cost of goods sold	3,843.2		(62.7)		3,780.5		3,724.4		(1.5)		3,722.9		3,484.8		11.1		3,495.9
Operating Income	1,146.1		62.7		1,208.8		1,091.6		1.5		1,093.1		1,038.5		(11.1)		1,027.4
Income before income taxes	1,056.4		62.7		1,119.1		1,005.3		1.5		1,006.8		983.3		(11.1)		972.2
Provision for income taxes	212.3		14.9		227.2		221.8		0.3		222.1		217.3		(2.7)		214.6
Net income	844.1		47.8		891.9		783.5		1.2		784.7		766.0		(8.4)		757.6
Less: Net income attributable to noncontrolling interest	(4.8)		—		(4.8)		(5.7)		—		(5.7)		(6.2)		—		(6.2)
Net income attributable to Hubbell Incorporated	$	839.3	$	47.8	$	887.1	$	777.8	$	1.2	$	779.0	$	759.8	$	(8.4)	$	751.4

Earnings per share
Basic earnings per share	$	15.73	$	0.90	$	16.63	$	14.46	$	0.03	$	14.49	$	14.14	$	(0.16)	$	13.98
Diluted earnings per share	$	15.65	$	0.89	$	16.54	$	14.37	$	0.02	$	14.39	$	14.05	$	(0.16)	$	13.89

The Consolidated Balance Sheet at December 31, 2025 and December 31, 2024 have been retrospectively adjusted to reflect the change in accounting principle (in millions):


	December 31, 2025						December 31, 2024
	As Computed Under LIFO		Impact of Change		As Reported		As Reported Under LIFO		Impact of Change FIFO		As Adjusted
Condensed Balance Sheet
Inventories, net	$	852.5	$	231.3	$	1,083.8	$	841.8	$	168.6	$	1,010.4
Total Current Assets	2,362.7		231.3		2,594.0		2,089.3		168.6		2,257.9
Total Assets	7,997.5		231.3		8,228.8		6,679.1		168.6		6,847.7

Other Accrued Liabilities	422.6		28.1		450.7		372.4		—		372.4
Total Current Liabilities	1,480.6		28.1		1,508.7		1,274.2		—		1,274.2
Other Non-Current Liabilities	798.4		27.5		825.9		679.5		40.7		720.2
Total Liabilities	4,315.3		55.6		4,370.9		3,396.4		40.7		3,437.1
Hubbell Incorporated Shareholders' Equity	3,672.2		175.7		3,847.9		3,268.3		127.9		3,396.2
Total Equity	3,682.2		175.7		3,857.9		3,282.7		127.9		3,410.6
Total Liabilities and Equity	$	7,997.5	$	231.3	$	8,228.8	$	6,679.1	$	168.6	$	6,847.7

The Consolidated Statement of Cash Flows for the years ended December 31, 2024 and December 31, 2023 have been retrospectively adjusted to reflect the change in accounting principle (in millions):


	Year Ended December 31, 2024						Year Ended December 31, 2023
	As Reported Under LIFO		Impact of Change FIFO		As Adjusted		As Reported Under LIFO		Impact of Change FIFO		As Adjusted
Condensed Statement of Cash Flows
Net income	$	783.5	$	1.2	$	784.7	$	766.0	$	(8.4)	$	757.6
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income taxes	1.7		0.3		2.0		(16.2)		(2.7)		(18.9)
Changes in assets and liabilities, excluding effects of acquisitions:
(Increase) Decrease in inventories, net	(22.7)		(1.5)		(24.2)		(42.1)		11.1		(31.0)
Net cash provided by operating activities	$	991.2	$	—	$	991.2	$	880.8	$	—	$	880.8

Retirement Benefits - Schedule of Combined Targeted and Actual Domestic and Foreign Pension Plans Weighted Average Asset Allocation (Details)	Dec. 31, 2026	Dec. 31, 2025	Dec. 31, 2024
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, actual		100.00%	100.00%
Forecast
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, target	100.00%
Equity securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, actual		20.00%	21.00%
Equity securities \| Forecast
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, target	20.00%
Debt securities & Cash
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, actual		80.00%	79.00%
Debt securities & Cash \| Forecast
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, target	80.00%
Alternative Investments
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, actual		0.00%	0.00%
Alternative Investments \| Forecast
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Percentage of plan assets, target	0.00%

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 103.6	$ 116.6	$ 73.5
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
Amortization expense, 2026	111.5
Amortization expense, 2027	114.1
Amortization expense, 2028	109.5
Amortization expense, 2029	104.8
Amortization expense, 2030	$ 97.7
Percentage of definite-lived intangible assets under accelerated amortization method (approximate) (as a percent)	90.00%

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Subparagraph (b)
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-Topic 230
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-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
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-Name Accounting Standards Codification
-Section 55
-Paragraph 18
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-URI https://asc.fasb.org/1943274/2147476153/220-40-55-18

Reference 3: http://www.xbrl.org/2003/role/exampleRef
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-URI https://asc.fasb.org/1943274/2147476153/220-40-55-11

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
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-URI https://asc.fasb.org/1943274/2147476153/220-40-55-24

Reference 5: http://www.xbrl.org/2003/role/exampleRef
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-URI https://asc.fasb.org/1943274/2147476148/220-40-50-12

Reference 6: http://www.xbrl.org/2003/role/exampleRef
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-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476148/220-40-50-6

+ Details

Stock-Based Compensation - Schedule of Performance Shares, Market Condition (Details) - Performance Shares - Market Condition - $ / shares	1 Months Ended
	Feb. 28, 2025	Feb. 29, 2024	Feb. 28, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Price (USD per share)	$ 393.16	$ 352.55	$ 241.17
Expected Dividend Yield	1.30%	1.40%	1.90%
Expected Volatility	31.00%	30.60%	39.40%
Risk Free Interest Rate	4.30%	4.10%	4.10%
Expected Term	2 years 10 months 24 days	2 years 10 months 24 days	2 years 10 months 24 days
Shares granted (USD per share)	$ 421.00	$ 483.99	$ 279.47

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Other Accrued Liabilities (Table)

12 Months Ended

Dec. 31, 2025

Accrued Liabilities [Abstract]

Schedule of Other Accrued Liabilities

Other accrued liabilities consist of the following at December 31, (in millions):


	2025		2024
Customer program incentives	$	73.5	$	51.7
Accrued income taxes	27.5		21.4
Contract liabilities - deferred revenue	161.3		134.6
Customer refund liability	20.5		20.1
Accrued warranties(1)	15.2		20.6
Current operating lease liabilities	40.7		34.2
Other	112.0		89.8
TOTAL	$	450.7	$	372.4

(1) Refer to Note 21 – Guarantees for additional information regarding warranties.

Guarantees (Details) - USD ($) $ in Millions	12 Months Ended
Guarantees (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 41.7	$ 39.2
Provision	10.4	12.8
Expenditures/other	(18.1)	(10.3)
Ending balance	$ 34.0	$ 41.7

Commitments and Contingencies (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Environmental Loss Contingency, Statement of Financial Position [Extensible Enumeration]	Commitments and Contingencies	Commitments and Contingencies
Total environmental liabilities	$ 7.8	$ 6.6

Business Acquisitions and Dispositions - Schedule of Business Acquisition, Pro Forma Information (Details) - 2023 Acquisitions $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares
Business Combination, Pro Forma Information [Line Items]
Net sales \| $	$ 5,762.1
Net income attributable to Hubbell \| $	$ 801.4
Basic earnings per share (USD per share) \| $ / shares	$ 14.92
Diluted earnings per share (USD per share) \| $ / shares	$ 14.81

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Consolidated Statement of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash Flows from Operating Activities
Net income	$ 891.9	$ 784.7	$ 757.6
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:
Depreciation and amortization	206.1	212.1	149.7
Deferred income taxes	11.0	2.0	(18.9)
Stock-based compensation	33.0	30.6	26.5
Loss on disposition of business	0.4	5.3	0.0
Loss on sale of assets	1.2	1.0	2.5
Changes in assets and liabilities, net of acquisitions:
(Increase) decrease in accounts receivable	(68.2)	22.2	(1.6)
Increase in inventories	(32.3)	(24.2)	(31.0)
Increase (decrease) in accounts payable	6.3	(13.6)	13.2
Increase (decrease) in current liabilities	33.3	(24.3)	(4.5)
Changes in other assets and liabilities, net	4.6	14.9	2.1
Contributions to qualified defined benefit pension plans	(41.4)	(1.3)	(20.0)
Other, net	(16.1)	(18.2)	5.2
Net cash provided by operating activities	1,029.8	991.2	880.8
Cash Flows from Investing Activities
Capital expenditures	(155.1)	(180.4)	(165.7)
Acquisitions, net of cash acquired	(958.3)	5.9	(1,211.7)
Proceeds from disposal of business, net of cash	2.6	122.9	0.0
Purchases of available-for-sale investments	(25.2)	(21.0)	(25.4)
Proceeds from sales of available-for-sale investments	16.7	15.8	21.8
Other, net	24.7	(2.3)	0.8
NET CASH USED IN INVESTING ACTIVITIES	(1,094.6)	(59.1)	(1,380.2)
Cash Flows from Financing Activities
Issuance of long-term debt	1,000.0	0.0	600.0
Payment of long-term debt	(400.0)	(600.0)	0.0
Issuance of short-term debt	164.0	22.9	100.0
Payment of short-term debt	(0.3)	0.0	(2.2)
Payment of dividends	(286.6)	(267.3)	(245.5)
Debt issuance cost	(9.2)	0.0	(2.2)
Acquisition of common shares	(225.0)	(40.0)	(30.0)
Other	(39.3)	(39.0)	(31.6)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	203.6	(923.4)	388.5
Effect of foreign currency exchange rate changes on cash and cash equivalents	13.9	(16.4)	6.9
Increase (decrease) in cash, cash equivalents, and restricted cash	152.7	(7.7)	(104.0)
Cash and cash equivalents, beginning of year	329.1	336.1	440.5
Restricted cash, included in other assets, beginning of year	2.5	3.2	2.8
Less: Restricted cash, included in Other Assets	1.8	2.5	3.2
Cash and cash equivalents, end of year	$ 482.5	$ 329.1	$ 336.1

Capital Stock (Tables)

12 Months Ended

Dec. 31, 2025

Stockholders' Equity Note [Abstract]

Schedule of Activity in the Company's Common Shares Outstanding

Activity in the Company’s common shares outstanding is set forth below for the three years ended December 31, 2025 (in thousands):


			Common Stock
OUTSTANDING AT DECEMBER 31, 2022			53,689
Exercise of stock appreciation rights			77
Director compensation arrangements, net			4
Restricted/performance shares activity, net of forfeitures			127
Acquisition/surrender of shares			(167)
OUTSTANDING AT DECEMBER 31, 2023			53,730
Exercise of stock appreciation rights			72
Director compensation arrangements, net			4
Restricted/performance shares activity, net of forfeitures			105
Acquisition/surrender of shares			(151)
OUTSTANDING AT DECEMBER 31, 2024			53,760
Exercise of stock appreciation rights			36
Director compensation arrangements, net			4
Restricted/performance shares activity, net of forfeitures			103
Acquisition/surrender of shares			(649)
OUTSTANDING AT DECEMBER 31, 2025			53,254

Schedule of Shares of the Company's Reserved Common Stock

Shares of the Company’s common stock were reserved at December 31, 2025 as follows (in thousands):


			Common Stock

Future grant of stock-based compensation			1,017
Shares reserved under other equity compensation plans			113
TOTAL			1,130

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
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+ Details

Valuation and Qualifying Accounts and Reserves (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Allowances for doubtful accounts receivable:
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	$ 11.3	$ 11.6	$ 14.3
Additions / (Reversals) Charged to Costs and Expenses	2.0	1.3	(0.2)
Deductions	(1.5)	(1.6)	(2.5)
Other	2.1	0.0	0.0
Balance at End of Year	13.9	11.3	11.6
Allowance for credit memos, returns and cash discounts:
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	35.2	38.2	44.1
Additions / (Reversals) Charged to Costs and Expenses	369.0	356.7	365.5
Deductions	(366.1)	(359.7)	(371.4)
Other	0.0	0.0	0.0
Balance at End of Year	38.1	35.2	38.2
Valuation allowance on deferred tax assets:
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	34.1	37.4	32.2
Additions / (Reversals) Charged to Costs and Expenses	(0.9)	(0.6)	5.2
Deductions	(13.5)	(2.7)	0.0
Other	0.0	0.0	0.0
Balance at End of Year	$ 19.7	$ 34.1	$ 37.4

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant, and Equipment

Property, plant, and equipment, carried at cost, is summarized as follows at December 31, (in millions):


	2025		2024
Land	$	37.9	$	34.8
Buildings and improvements	291.5		269.6
Machinery, tools, and equipment	1,225.8		1,089.8
Construction-in-progress	121.7		135.7
Gross property, plant, and equipment	1,676.9		1,529.9
Less accumulated depreciation	(835.7)		(803.3)
PROPERTY, PLANT, AND EQUIPMENT, NET	$	841.2	$	726.6

Depreciable lives on buildings range between 20-45 years. Depreciable lives on machinery, tools, and equipment range between 3-15 years. The Company recorded depreciation expense of $92.8 million, $81.3 million and $71.9 million for 2025, 2024 and 2023, respectively.

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 891.9	$ 784.7	$ 757.6
Currency translation adjustment:
Foreign currency translation adjustments	48.7	(60.3)	22.9
Defined benefit pension and post-retirement plans, net of taxes of $(6.9), $4.6 and $(4.2)	23.6	(15.0)	10.2
Unrealized gain (loss) on investments, net of taxes of $(0.2), $0.0 and $(0.2)	0.7	(0.1)	0.6
Unrealized gains (losses) on cash flow hedges, net of taxes of $0.6, $(0.6) and $0.4	(1.3)	1.3	(0.9)
Other comprehensive (loss) income	71.7	(74.1)	32.8
Comprehensive income	963.6	710.6	790.4
Less: Comprehensive income attributable to noncontrolling interest	4.8	5.7	6.2
COMPREHENSIVE INCOME ATTRIBUTABLE TO HUBBELL	$ 958.8	$ 704.9	$ 784.2

Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2025

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts and Reserves

Valuation and Qualifying Accounts and Reserves for the Years Ended December 31, 2023, 2024 and 2025

Reserves deducted in the balance sheet from the assets to which they apply (in millions):


	Balance at Beginning of Year		Additions / (Reversals) Charged to Costs and Expenses		Deductions		Other		Balance at End of Year
Allowances for doubtful accounts receivable:
Year 2023	$	14.3	$	(0.2)	$	(2.5)	$	—	$	11.6
Year 2024	$	11.6	$	1.3	$	(1.6)	$	—	$	11.3
Year 2025	$	11.3	$	2.0	$	(1.5)	$	2.1	$	13.9
Allowance for credit memos, returns and cash discounts:
Year 2023	$	44.1	$	365.5	$	(371.4)	$	—	$	38.2
Year 2024	$	38.2	$	356.7	$	(359.7)	$	—	$	35.2
Year 2025	$	35.2	$	369.0	$	(366.1)	$	—	$	38.1
Valuation allowance on deferred tax assets:
Year 2023	$	32.2	$	5.2	$	—	$	—	$	37.4
Year 2024	$	37.4	$	(0.6)	$	(2.7)	$	—	$	34.1
Year 2025	$	34.1	$	(0.9)	$	(13.5)	$	—	$	19.7

Receivables and Allowances

12 Months Ended

Dec. 31, 2025

Accounts and Financing Receivable, after Allowance for Credit Loss, Current [Abstract]

Receivables and Allowances

Receivables consist of the following components at December 31, (in millions):


	2025		2024
Trade accounts receivable	$	879.4	$	780.1
Non-trade receivables	29.5		22.4
Accounts receivable, gross	908.9		802.5
Allowance for credit memos, returns and cash discounts	(38.1)		(35.2)
Allowance for doubtful accounts	(13.9)		(11.3)
Total allowances	(52.0)		(46.5)
ACCOUNTS RECEIVABLE, NET	$	856.9	$	756.0

Investments

12 Months Ended

Dec. 31, 2025

Investments [Abstract]

Investments

At December 31, 2025 and December 31, 2024, the Company held investments classified as available-for-sale and investments classified as trading securities. Investments classified as available-for-sale consisted of municipal bonds with an amortized cost basis of $78.0 million as of December 31, 2025. Investments classified as trading securities were composed primarily of debt and equity mutual funds and are stated at fair market value based on current quotes.

The following table sets forth selected data with respect to the Company’s investments at December 31, (in millions):


	2025										2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value
Available-for-sale securities	$	78.0	$	0.8	$	(0.4)	$	78.4	$	78.4	$	70.1	$	0.1	$	(0.6)	$	69.6	$	69.6
Trading securities	13.5		19.0		—		32.5		32.5		13.5		14.6		—		28.1		28.1
TOTAL INVESTMENTS	$	91.5	$	19.8	$	(0.4)	$	110.9	$	110.9	$	83.6	$	14.7	$	(0.6)	$	97.7	$	97.7

Contractual maturities of our investments in available-for-sale securities at December 31, 2025 were as follows (in millions):


	Amortized Cost		Fair Value
Available-for-sale securities
Due within 1 year	$	12.5	$	12.5
After 1 year but within 5 years	51.7		52.4
After 5 years but within 10 years	5.8		5.9
Due after 10 years	8.0		7.6
TOTAL	$	78.0	$	78.4

The total unrealized gain/(loss) recognized in the year relating to available-for-sale securities, net of tax, was $0.7 million and $(0.1) million for the year ended December 31, 2025 and 2024, respectively. These net unrealized gains/(losses) are included in Accumulated other comprehensive loss, net of tax. Net unrealized gains relating to trading securities have been reflected in the results of operations. The Company uses the specific identification method when identifying the cost basis used to calculate the gain or loss on these securities. Gains and losses for both available-for-sale and trading securities were not material in 2025, 2024 and 2023.

At December 31, 2025 and December 31, 2024, the Company had $78.4 million and $69.6 million, respectively, of available-for-sale municipal debt securities. These investments had an amortized cost of $78.0 million and $70.1 million, respectively. No allowance for credit losses related to our available-for-sale debt securities was recorded for the twelve months ended December 31, 2025. As of December 31, 2025 and December 31, 2024, the unrealized losses attributable to our available-for-sale debt securities was $0.4 million and $0.6 million, respectively. The fair value of available-for-sale debt securities with unrealized losses was $20.5 million at December 31, 2025 and $40.5 million at December 31, 2024.

Industry Segments and Geographic Area Information

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Industry Segments and Geographic Area Information

Nature of Operations

The Company is a global manufacturer of quality electrical products and utility solutions for a broad range of customer and end-market applications. Products are either sourced complete, manufactured or assembled by subsidiaries in the United States, Canada, Puerto Rico, China, Mexico, the UK, Brazil, Australia, Spain, Ireland and the Republic of the Philippines. The Company also participates in joint ventures in Hong Kong and the Republic of the Philippines and maintains offices in Singapore, Italy, China, India, Mexico, South Korea, Chile and countries in the Middle East. Each of the above references to manufacturing locations, joint venture participation, and office locations relate to the three year period ending December 31, 2025.

The Company’s reporting segments consist of the Utility Solutions segment and the Electrical Solutions segment, as described below. This segment structure reflects the financial information and reports used by the Company’s management, specifically its chief operating decision maker (CODM), to make decisions regarding the Company’s business, including resource allocations and performance assessments, in compliance with ASC 280, Segment Reporting. The Company’s CODM is the Chairman of the Board, President and Chief Executive Officer.

The Company’s method for measuring profitability on a reportable segment basis and used by the CODM to assess performance and allocate resources is operating income. This measure is used to monitor performance compared to prior period, forecasted results, and the annual plan.

In the second quarter of 2025, the Company elected to change its method of accounting for certain inventories in the U.S. from LIFO to FIFO. The Company retrospectively applied this change in accounting principle to all prior periods including the segment information presented below. Refer to Note 1 for further information.

The Utility Solutions segment consists of businesses that enable the grid to conduct, communicate and control energy across utility applications. The Utility Solutions segment provides critical components that allow the grid to reliably transmit and distribute energy, as well as the communications and controls technologies to make the grid smarter and more flexible. This includes utility transmission & distribution (T&D) components such as arresters, insulators, connectors, anchors, bushings, enclosures, cutouts and switches. The Utility Solutions segment also offers solutions that serve The Edge of the utility infrastructure, including smart meters, communications systems, and protection and control devices. Hubbell Utility Solutions supports the electrical distribution, electrical transmission, water, gas distribution, telecommunications, and solar and wind markets

Hubbell Electrical Solutions consisting of businesses that are essential to managing power across a wide range of industries and applications. Hubbell Electrical Solutions provides the critical components that allow operators of buildings, factories, and other industrial infrastructure to connect, protect, wire and manage power reliability and efficiency. The Electrical Solutions segment comprises businesses that sell stock and custom products, including standard and special application wiring device products, rough-in electrical products, connector and grounding products, as well as other electrical equipment.

Products of the Electrical Solutions segment have applications in the light industrial, non-residential, wireless communications, transportation, data center, and heavy industrial markets. Electrical Solutions segment products are typically used in and around industrial, commercial and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies. In addition, certain of our businesses design and manufacture industrial controls and communication systems used in the non-residential and industrial markets. Many of these products are designed such that they can also be used in harsh and hazardous locations where a potential for fire and explosion exists due to the presence of flammable gasses and vapors. Harsh and hazardous products are primarily used in the oil and gas (onshore and offshore) and mining industries. We also offer a variety of wiring devices and electrical products that have residential and utility applications.

These products are sold under various brands and/or trademarks and are primarily sold through electrical and industrial distributors, home centers, retail and hardware outlets, and residential product oriented internet sites. Special application products are primarily sold through wholesale distributors to contractors, industrial customers and original equipment manufacturers.

Financial Information

Financial information by industry segment, product class and geographic area for each of the three years ended December 31, 2025, 2024 and 2023 is summarized below (in millions). When reading the data, the following items should be noted:

•Segment Net sales comprise sales to unaffiliated customers — inter-segment and inter-area sales are not significant and are eliminated in consolidation.

•Segment operating income consists of Net sales, less operating expenses, including total corporate expenses, which are generally allocated to each segment on the basis of the segment’s percentage of consolidated Net sales. Interest expense

and investment income and other expense, net have not been allocated to segments as these items are centrally managed by the Company.

•General corporate assets not allocated to segments are principally cash, prepaid pensions, investments and deferred taxes. These assets have not been allocated as they are centrally managed by the Company.

INDUSTRY SEGMENT DATA


	2025			2024			2023
Net Sales:
Utility Solutions	$	3,672.3		$	3,600.7		$	3,261.7
Electrical Solutions	2,172.3			2,027.8			2,111.2
TOTAL NET SALES	$	5,844.6		$	5,628.5		$	5,372.9
Cost of Goods Sold:
Utility Solutions	$	2,396.3		$	2,418.4		$	2,129.8
Electrical Solutions	1,384.2			1,304.5			1,366.1
Total Cost of Goods Sold	$	3,780.5		$	3,722.9		$	3,495.9
Gross Profit:
Utility Solutions	$	1,276.0		$	1,182.3		$	1,131.9
Electrical Solutions	788.1			723.3			745.1
Total Gross Profit	$	2,064.1		$	1,905.6		$	1,877.0
Selling and Administrative Expenses:
Utility Solutions	$	486.1		$	450.5		$	433.5
Electrical Solutions	369.2			362.0			416.1
Total Selling and Administrative Expenses	$	855.3		$	812.5		$	849.6
Operating Income:
Utility Solutions	$	789.9		$	731.8		$	698.4
Electrical Solutions	418.9			361.3			329.0
Total Operating Income	$	1,208.8		$	1,093.1		$	1,027.4
Loss on disposition of business (Note 3)	(0.4)			(5.3)			—
Interest expense, net	(64.1)			(73.8)			(36.7)
Other expense, net	(25.2)			(7.2)			(18.5)
INCOME BEFORE INCOME TAXES	$	1,119.1		$	1,006.8		$	972.2
Operating Income as a % of Net Sales
Utility Solutions	21.5		%	20.3		%	21.4		%
Electrical Solutions	19.3		%	17.8		%	15.6		%
Total Operating Income as % of Net Sales	20.7		%	19.4		%	19.1		%


	2025		2024		2023
Assets:
Utility Solutions	$	5,603.8	$	4,569.1	$	4,690.1
Electrical Solutions	2,238.8		1,943.4		2,001.1
General Corporate	386.2		335.2		389.9
TOTAL ASSETS	$	8,228.8	$	6,847.7	$	7,081.1
Capital Expenditures:
Utility Solutions	$	81.3	$	103.6	$	99.5
Electrical Solutions	73.8		76.8		66.2
TOTAL CAPITAL EXPENDITURES	$	155.1	$	180.4	$	165.7
Depreciation and Amortization:
Utility Solutions	$	151.8	$	164.5	$	103.4
Electrical Solutions	54.3		47.6		46.3
TOTAL DEPRECIATION AND AMORTIZATION	$	206.1	$	212.1	$	149.7

GEOGRAPHIC AREA DATA


	2025		2024		2023
Net Sales:
United States	$	5,411.3	$	5,159.3	$	4,922.4
International	433.3		469.2		450.5
TOTAL NET SALES	$	5,844.6	$	5,628.5	$	5,372.9
Operating Income:
United States	$	1,123.6	$	1,008.6	$	925.9
International	85.2		84.5		101.5
TOTAL OPERATING INCOME	$	1,208.8	$	1,093.1	$	1,027.4
Long-lived Assets:
United States	$	5,122.9	$	4,128.9	$	4,250.7
International	486.1		457.3		488.8
TOTAL LONG-LIVED ASSETS	$	5,609.0	$	4,586.2	$	4,739.5

On a geographic basis, the Company defines “international” as operations based outside of the United States and its possessions. As a percentage of total Net sales, shipments from foreign operations directly to third parties were 7% in 2025, 8% in 2024 and 8% in 2023, with Canadian, UK, and Brazilian operations representing approximately 33%, 24%, and 19% respectively, of 2025 total international Net sales.

Long-lived assets, excluding deferred tax assets, of international subsidiaries were 9% of the consolidated total in 2025, 10% in 2024 and 10% in 2023, with UK, Brazil, and Spain operations representing approximately 21%, 18%, and 14%, respectively, of the international total in 2025. Export sales from United States operations were $326.7 million in 2025, $396.0 million in 2024 and $345.6 million in 2023.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/280/tableOfContent

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Investments - Schedule of Amortized Cost Basis (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Available-for-sale securities
Amortized Cost	$ 78.0	$ 70.1
Gross Unrealized Losses	(0.4)	(0.6)
Fair Value	78.4	69.6
Trading securities
Fair Value	32.5	28.1
Estimate of Fair Value Measurement
Available-for-sale securities
Amortized Cost	78.0	70.1
Gross Unrealized Gains	0.8	0.1
Gross Unrealized Losses	(0.4)	(0.6)
Fair Value	78.4	69.6
Trading securities
Amortized Cost	13.5	13.5
Gross Unrealized Gains	19.0	14.6
Gross Unrealized Losses	0.0	0.0
Fair Value	32.5	28.1
Investments, Amortized Cost	91.5	83.6
Investments, Gross Unrealized Gains	19.8	14.7
Investments, Gross Unrealized Loss	(0.4)	(0.6)
TOTAL INVESTMENTS	110.9	97.7
Reported Value Measurement
Available-for-sale securities
Fair Value	78.4	69.6
Trading securities
Fair Value	32.5	28.1
TOTAL INVESTMENTS	$ 110.9	$ 97.7

Commitments and Contingencies

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Legal and Environmental

The Company is subject to various legal proceedings arising in the normal course of its business. These proceedings include claims for damages arising out of use of the Company’s products, intellectual property, workers’ compensation and environmental matters. The Company is self-insured up to specified limits for certain types of claims, including product liability and workers’ compensation, and is fully self-insured for certain other types of claims, including environmental and intellectual property matters. The Company recognizes a liability for any contingency that in management’s judgment is probable of occurrence and can be reasonably estimated. We continually reassess the likelihood of adverse judgments and outcomes in these matters, as well as estimated ranges of possible losses based upon an analysis of each matter which includes advice of outside legal counsel and, if applicable, other experts.

The Company is subject to environmental laws and regulations which may require that it investigate and remediate the effects of potential contamination associated with past and present operations as well as those acquired through business combinations. Environmental liabilities are recorded when remedial efforts are probable and the costs can be reasonably estimated. The Company continues to monitor these environmental matters and revalues its liabilities as necessary. Total environmental liabilities were $7.8 million and $6.6 million as of December 31, 2025 and 2024, respectively.

The Company accounts for conditional asset retirement and environmental obligations in accordance with the applicable accounting guidance. The accounting guidance defines “conditional asset retirement obligation” as a legal obligation to perform an asset retirement activity in which the timing and/or method of settlement are conditional on a future event that may or may not be within the control of the Company. Accordingly, an entity is required to recognize a liability for the fair value of a conditional asset retirement obligation if the fair value of the liability can be reasonably estimated. Asset retirement obligations were not material as of December 31, 2025 and 2024.

Leases - Schedule of Amounts Recognized for Leases (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Leases, Operating [Abstract]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets, Noncurrent	Other Assets, Noncurrent
Operating lease right-of-use assets	$ 155.5	$ 146.2
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other accrued liabilities	Other accrued liabilities
Current operating lease liabilities	$ 40.7	$ 34.2
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other Non-Current Liabilities	Other Non-Current Liabilities
Other non-current liabilities	$ 121.2	$ 117.3
TOTAL LIABILITIES	$ 161.9	$ 151.5

Retirement Benefits - Schedule of Accumulated Benefit Obligation In Excess of Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]
Projected benefit obligation	$ 450.1	$ 468.8
Accumulated benefit obligation	450.1	468.8
Fair value of plan assets	$ 326.8	$ 295.2

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Selected Data with Respect to the Company's Income Tax Provision

The following table sets forth selected data with respect to the Company’s income tax provisions for the years ended December 31, (in millions):


	2025		2024		2023
Income before income taxes:
United States	$	968.1	$	851.3	$	836.9
International	151.0		155.5		135.3
TOTAL INCOME BEFORE INCOME TAXES	$	1,119.1	$	1,006.8	$	972.2
Provision for income taxes — current:
Federal	$	155.0	$	150.2	$	165.6
State	24.3		33.0		35.6
International	36.9		36.9		32.3
Total provision — current	$	216.2	$	220.1	$	233.5
Provision for income taxes — deferred:
Federal	$	28.3	$	12.6	$	(10.8)
State	0.8		(3.5)		(8.4)
International	(18.1)		(7.1)		0.3
Total provision — deferred	$	11.0	$	2.0	$	(18.9)
TOTAL PROVISION FOR INCOME TAXES	$	227.2	$	222.1	$	214.6

Schedule of Deferred Tax Assets and Liabilities


	2025		2024
Deferred tax assets:
Inventories	$	17.7	$	—
Lease liabilities	39.5		38.2
Income tax credits	10.4		23.9
Accrued liabilities	42.6		38.0
Pension	24.0		33.0
Post retirement and post employment benefits	3.1		3.4
Stock-based compensation	8.0		8.0
Loss carryforwards	11.1		10.4
Capitalized research expenditures	32.5		56.2
Miscellaneous other	24.1		23.3
Gross deferred tax assets	213.0		234.4
Valuation allowance	(19.7)		(34.1)
Total deferred tax assets, net of valuation allowance	193.3		200.3
Deferred tax liabilities:
Historical inventories including impact of accounting method change	(39.3)		(32.2)
Liability on undistributed foreign earnings	(5.6)		(5.3)
Goodwill and intangibles	(408.0)		(335.1)
Right-of-use assets	(38.0)		(36.8)
Property, plant, and equipment	(96.7)		(60.5)
Total deferred tax liabilities	(587.6)		(469.9)
TOTAL NET DEFERRED TAX LIABILITY	$	(394.3)	$	(269.6)
Deferred taxes are reflected in the Consolidated Balance Sheet as follows:
Non-current tax assets (included in Other long-term assets)	$	25.8	$	7.5
Non-current tax liabilities (included in Other Non-Current Liabilities)	(420.1)		(277.1)
TOTAL NET DEFERRED TAX LIABILITY	$	(394.3)	$	(269.6)

Schedule of Income Taxes Paid

The Company paid cash income taxes (net of refunds) in the following jurisdictions (in millions):


	2025		2024		2023
Federal	$	147.2	$	158.5	$	157.9
State payments	28.5		30.3		27.6
Foreign	38.6		36.5		29.5
TOTAL CASH TAXES PAID	$	214.3	$	225.3	$	215.0

Schedule of Income Tax Examinations

The following tax years, by major jurisdiction, are still subject to examination by taxing authorities:


Jurisdiction			Open Years
United States			2022-2025
UK			2022-2025
Puerto Rico			2021-2025
Canada			2020-2025

Schedule of Reconciliation of Beginning and Ending Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions):


	2025		2024		2023
Unrecognized tax benefits at beginning of year	$	48.2	$	47.0	$	42.1
Additions based on tax positions relating to the current year	13.9		10.0		10.4
Reductions based on expiration of statute of limitations	(5.6)		(7.2)		(7.6)
Additions/(Subtractions) to tax positions relating to previous years	2.6		(0.4)		2.8
Settlements	(0.2)		(1.2)		(0.7)
TOTAL UNRECOGNIZED TAX BENEFITS	$	58.9	$	48.2	$	47.0

Schedule of Effective Income Tax Rate Reconciliation

The consolidated effective income tax rate varied from the United States federal statutory income tax rate for the years ended December 31, as follows (in millions and percentage):


	2025				2024				2023
	Amount		Percentage		Amount		Percentage		Amount		Percentage
U.S. Federal Statutory Tax Rate	$	235.0	21.0	%	$	211.5	21.0	%	$	203.9	21.0	%
State and Local Income taxes, net of federal income tax effect (1)	20.3		1.8		23.4		2.3		22.9		2.4
Foreign Tax Effect (2)	(11.4)		(1.0)		(1.5)		(0.1)		4.6		0.5
Effect of Cross-Border Tax Laws	(5.2)		(0.5)		(5.7)		(0.6)		(1.2)		(0.1)
Tax Credits	(8.5)		(0.8)		(7.4)		(0.7)		(9.4)		(1.0)
Nontaxable or Nondeductible Items	(0.3)		—		5.4		0.5		0.9		0.1
Changes in Unrecognized Tax Benefits	(2.7)		(0.2)		(3.6)		(0.3)		(7.1)		(0.8)
EFFECTIVE TAX RATE	$	227.2	20.3	%	$	222.1	22.1	%	$	214.6	22.1	%

(2) Includes the income tax benefit from International Restructuring.

Receivables and Allowances (Tables)

12 Months Ended

Dec. 31, 2025

Accounts and Financing Receivable, after Allowance for Credit Loss, Current [Abstract]

Schedule of Components of Receivables and Allowances

Receivables consist of the following components at December 31, (in millions):


	2025		2024
Trade accounts receivable	$	879.4	$	780.1
Non-trade receivables	29.5		22.4
Accounts receivable, gross	908.9		802.5
Allowance for credit memos, returns and cash discounts	(38.1)		(35.2)
Allowance for doubtful accounts	(13.9)		(11.3)
Total allowances	(52.0)		(46.5)
ACCOUNTS RECEIVABLE, NET	$	856.9	$	756.0

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Debt - Narrative (Details)					1 Months Ended		12 Months Ended
Debt - Narrative (Details)	Nov. 14, 2025 USD ($)	Sep. 29, 2025	Mar. 25, 2025 USD ($) extensionOption	Mar. 12, 2021 USD ($)	Feb. 28, 2018 USD ($)	Aug. 31, 2017 USD ($)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 01, 2025 USD ($)	Oct. 01, 2025 USD ($)
Debt Instrument [Line Items]
Issuance of long-term debt							$ 1,000,000,000	$ 0	$ 600,000,000.0
Short-term debt							289,100,000	125,400,000
Commercial paper							287,000,000	123,000,000
Repurchase of common stock							225,000,000.0	40,000,000.0	30,000,000.0
Other debt							2,100,000	2,400,000
Interest and fees paid							77,600,000	83,600,000	49,900,000
Other LOC
Debt Instrument [Line Items]
Line of credit							58,200,000	55,300,000
Letters of Credit \| Other LOC
Debt Instrument [Line Items]
Line of credit							$ 21,500,000	$ 41,100,000
Term Loan Agreement \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount									$ 600,000,000		$ 600,000,000
Senior notes, stated (as a percent)							4.99%
Line of credit facility, covenants, maximum debt to capitalization (as a percent)		65.00%
Term Loan Agreement \| Line of Credit \| Interest Rate Period One \| Secured Debt
Debt Instrument [Line Items]
Quarterly installments of debt instrument (as a percent)									0.025
Term Loan Agreement \| Line of Credit \| Interest Rate Period Two \| Secured Debt
Debt Instrument [Line Items]
Quarterly installments of debt instrument (as a percent)									0.025
Term Loan Agreement \| Line of Credit \| Interest Rate Period Three \| Secured Debt
Debt Instrument [Line Items]
Quarterly installments of debt instrument (as a percent)									0.05
2025 Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, covenants, maximum debt to capitalization (as a percent)			65.00%
Maximum subsidiary borrowings			$ 100,000,000
Number of extension options \| extensionOption			2
Extension term			1 year
2025 Credit Facility \| Letters of Credit
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity			$ 50,000,000
2025 Credit Facility \| Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Debt term (in years)			5 years
Line of credit, maximum borrowing capacity			$ 1,000,000,000
Line of credit facility, accordion feature, higher borrowing capacity option			$ 1,500,000,000
Notes 2035 Term \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 400,000,000
Senior notes, stated (as a percent)	4.80%						4.80%
Proceeds from issuance of long-term debt	$ 392,700,000
Notes 2031 Term \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount				$ 300,000,000
Senior notes, stated (as a percent)				2.30%			2.30%
Proceeds from issuance of long-term debt				$ 295,500,000
Notes 2028 Term \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount					$ 450,000,000
Senior notes, stated (as a percent)					3.50%		3.50%
Issuance of long-term debt					$ 442,600,000
Notes 2027 Term \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount						$ 300,000,000
Senior notes, stated (as a percent)						3.15%	3.15%
Issuance of long-term debt						$ 294,600,000
Notes 2026 Term \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount										$ 400,000,000
Senior notes, stated (as a percent)							3.35%			3.35%

Debt (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of Debt

The following table sets forth the Company’s long-term debt at December 31, (in millions):


	Maturity	2025		2024

Senior notes at 3.35%	2026	$	—	$	399.2
Senior notes at 3.15%	2027	299.1		298.6
Senior notes at 3.50%	2028	448.5		447.7
Senior notes at 2.300%	2031	297.7		297.2
Senior notes at 4.800%	2035	392.1		—
Term loan	2028	598.9		—
TOTAL LONG-TERM DEBT(a)		$	2,036.3	$	1,442.7

(a) Long-term debt is presented net of debt issuance costs and unamortized discounts.

Other information related to short-term debt at December 31, is summarized below:


	2025		2024
Weighted average interest rate on short-term debt:
At year end	4.13	%	4.49	%

Capital Stock

12 Months Ended

Dec. 31, 2025

Stockholders' Equity Note [Abstract]

Capital Stock

Activity in the Company’s common shares outstanding is set forth below for the three years ended December 31, 2025 (in thousands):


			Common Stock
OUTSTANDING AT DECEMBER 31, 2022			53,689
Exercise of stock appreciation rights			77
Director compensation arrangements, net			4
Restricted/performance shares activity, net of forfeitures			127
Acquisition/surrender of shares			(167)
OUTSTANDING AT DECEMBER 31, 2023			53,730
Exercise of stock appreciation rights			72
Director compensation arrangements, net			4
Restricted/performance shares activity, net of forfeitures			105
Acquisition/surrender of shares			(151)
OUTSTANDING AT DECEMBER 31, 2024			53,760
Exercise of stock appreciation rights			36
Director compensation arrangements, net			4
Restricted/performance shares activity, net of forfeitures			103
Acquisition/surrender of shares			(649)
OUTSTANDING AT DECEMBER 31, 2025			53,254

For accounting purposes, the Company treats repurchased shares as constructively retired when acquired and accordingly charges the purchase price against Common Stock par value, Additional paid-in capital and Retained earnings to the extent required. Shares may be repurchased through the Company’s stock repurchase program, acquired by the Company from employees or surrendered to the Company by employees in settlement of their minimum tax liability on vesting of restricted shares and performance shares under the Hubbell Incorporated Incentive Award Plan (the “Award Plan”).

Shares of the Company’s common stock were reserved at December 31, 2025 as follows (in thousands):


			Common Stock

Future grant of stock-based compensation			1,017
Shares reserved under other equity compensation plans			113
TOTAL			1,130

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478448/946-505-50-6

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480237/815-40-50-6

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/505/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 16
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-16

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

+ Details

Investments - Schedule of Available-for-Sale Investments (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Amortized Cost
Amortized Cost Due within 1 year	$ 12.5
Amortized Cost After 1 year but within 5 years	51.7
Amortized Cost After 5 years but within 10 years	5.8
Amortized Cost Due after 10 years	8.0
Amortized Cost	78.0	$ 70.1
Fair Value
Fair Value Due within 1 year	12.5
Fair Value After 1 year but within 5 years	52.4
Fair Value After 5 years but within 10 years	5.9
Fair Value Due after 10 years	7.6
Available-for-sale securities, fair value	$ 78.4	$ 69.6

Other Non-Current Liabilities (Table)

12 Months Ended

Dec. 31, 2025

Other Liabilities, Noncurrent [Abstract]

Schedule of Other Noncurrent Liabilities

Other non-current liabilities consist of the following at December 31, (in millions):


	2025		2024
Pensions	$	117.4	$	167.1
Other post-employment benefits	10.3		12.9
Deferred tax liabilities	420.1		277.1
Accrued warranties long-term(1)	18.8		21.1
Non-current operating lease liabilities	121.2		117.3
Other	138.1		124.7
TOTAL	$	825.9	$	720.2

(1) Refer to Note 21 – Guarantees for additional information regarding warranties.

Investments - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
Investments - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 78.0	$ 70.1
Other comprehensive (loss) income	71.7	(74.1)	$ 32.8
Available for sale investments	78.4	69.6
Allowance for credit losses related to our available-for-sale debt securities	0.0
Available-for-sale investments, accumulated unrealized losses	0.4	0.6
Available-for-sale investments, fair value of securities with unrealized losses	20.5	40.5
Unrealized Gain (Loss) on Available-for-Sale Securities
Debt Securities, Available-for-sale [Line Items]
Other comprehensive (loss) income	0.7	$ (0.1)	$ 0.6
State and Local Municipal Bonds
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 78.0

- Definition

Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
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+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

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+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

Stock-Based Compensation - Narrative (Details) $ / shares in Units, $ in Millions	1 Months Ended			12 Months Ended
	Feb. 28, 2025 $ / shares shares	Feb. 29, 2024 $ / shares shares	Feb. 28, 2023 $ / shares shares	Dec. 31, 2025 USD ($) installment $ / shares shares	Dec. 31, 2024 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares authorized (shares) \| shares				10,300,000
Stock-based compensation				$ 33.0	$ 30.6	$ 26.5
Income tax benefits				3.8	4.2	4.0
Net tax windfall as a result of exercise or vesting of awards				6.0	7.5	6.4
Unrecognized compensation cost related to non-vested awards				22.7
Capitalized to inventory				$ 0.6	$ 0.6	$ 0.7
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares) \| shares				40,000
Shares granted (USD per share) \| $ / shares				$ 389.14	$ 356.94	$ 249.36
Vested in period total fair value				$ 11.5	$ 10.4	$ 9.7
Restricted Stock \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares) \| shares				4,113	3,629	4,655
Restricted Stock Awards Service Condition
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of installments \| installment				3
Shares granted (in shares) \| shares				1,635
Shares granted (USD per share) \| $ / shares				$ 381.11
Restricted Stock Awards Service Condition \| Vesting Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)				33.33%
Restricted Stock Awards Service Condition \| Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)				33.33%
Restricted Stock Awards Service Condition \| Vesting Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)				33.33%
Stock Appreciation Rights SARS
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of installments \| installment				3
Shares granted (in shares) \| shares				66,000
Shares granted (USD per share) \| $ / shares				$ 393.19
Award vesting period (in years)				3 years
Award, expiration period (in years)				10 years
SARS exercised intrinsic value				$ 25.2	$ 46.2	$ 36.6
Stock Appreciation Rights SARS \| Vesting Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)				33.33%
Stock Appreciation Rights SARS \| Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)				33.33%
Stock Appreciation Rights SARS \| Vesting Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)				33.33%
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance period (in years)				3 years
Performance Shares - Market Condition
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares) \| shares	8,542	8,736	11,481
Shares granted (USD per share) \| $ / shares	$ 421.00	$ 483.99	$ 279.47
Award performance period (in years)	3 years	3 years	3 years
Performance based criteria plan payout percentage, target (as a percent)	100.00%	100.00%	100.00%
Performance Shares - Market Condition \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based criteria plan payout ( as percent)	0.00%	0.00%	0.00%
Performance Shares - Market Condition \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based criteria plan payout ( as percent)	200.00%	200.00%	200.00%
Performance Shares - Performance Condition
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares) \| shares	17,377	17,770	23,316
Shares granted (USD per share) \| $ / shares	$ 380.99	$ 341.19	$ 230.64
Award performance period (in years)	3 years	3 years	3 years
Performance Shares - Performance Condition \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based criteria plan payout ( as percent)	0.00%	0.00%	0.00%
Performance Shares - Performance Condition \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based criteria plan payout ( as percent)	200.00%	200.00%	200.00%
Performance Shares, Vesting on Compounded Annual Growth Rate of Net Sales
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)	50.00%	50.00%	50.00%
Performance Shares, Vesting on Operating Profit Margin
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting (as a percent)	50.00%	50.00%	50.00%
Selling and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax stock-based compensation cost				$ 31.9	28.8	24.9
Cost of goods sold
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax stock-based compensation cost				$ 1.1	$ 1.8	$ 1.6

Income Taxes - Schedule of Income Taxes Paid (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Federal	$ 147.2	$ 158.5	$ 157.9
State payments	28.5	30.3	27.6
Foreign	38.6	36.5	29.5
TOTAL CASH TAXES PAID	$ 214.3	$ 225.3	$ 215.0

Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

A summary of the changes in Accumulated other comprehensive loss (net of tax) for the three years ended December 31, 2025 is provided below (in millions):


(Debit) credit	Cash Flow Hedge (Loss) Gain		Unrealized Gain (Loss) on Available-for-Sale Securities		Pension and Post Retirement Benefit Plan Adjustment		Cumulative Translation Adjustment		Total
BALANCE AT DECEMBER 31, 2022	$	0.6	$	(0.8)	$	(188.6)	$	(156.4)	$	(345.2)
Other comprehensive income (loss) before reclassifications	(0.3)		0.6		2.5		22.9		25.7
Amounts reclassified from accumulated other comprehensive loss	(0.6)		—		7.7		—		7.1
Current period other comprehensive income (loss)	(0.9)		0.6		10.2		22.9		32.8
BALANCE AT DECEMBER 31, 2023	$	(0.3)	$	(0.2)	$	(178.4)	$	(133.5)	$	(312.4)
Other comprehensive income (loss) before reclassifications	1.8		(0.1)		(22.5)		(60.3)		(81.1)
Amounts reclassified from accumulated other comprehensive loss	(0.5)		—		7.5		—		7.0
Current period other comprehensive income (loss)	1.3		(0.1)		(15.0)		(60.3)		(74.1)

BALANCE AT DECEMBER 31, 2024	$	1.0	$	(0.3)	$	(193.4)	$	(193.8)	$	(386.5)
Other comprehensive income (loss) before reclassifications	(0.9)		0.7		15.0		48.7		63.5
Amounts reclassified from accumulated other comprehensive loss	(0.4)		—		8.6		—		8.2
Current period other comprehensive income (loss)	(1.3)		0.7		23.6		48.7		71.7
BALANCE AT DECEMBER 31, 2025	$	(0.3)	$	0.4	$	(169.8)	$	(145.1)	$	(314.8)

A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the two years ended December 31 is provided below (in millions):


Details about Accumulated Other Comprehensive Loss Components	2025			2024			Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
Forward exchange contracts	$	0.7		$	0.6		Cost of goods sold
	0.7			0.6			Total before tax
	(0.3)			(0.1)			Tax (expense)
	$	0.4		$	0.5		Gain net of tax
Amortization of defined benefit pension and post retirement benefit items:
Prior-service credits	$	(0.4)	(a)	$	(0.4)	(a)
Actuarial gains/(losses)	(10.7)		(a)	(9.5)		(a)

	(11.1)			(9.9)			Total before tax
	2.5			2.4			Tax benefit
	$	(8.6)		$	(7.5)		(Loss) net of tax









Gains (losses) reclassified into earnings	$	(8.2)		$	(7.0)		(Loss) net of tax

(a)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 11 — Retirement Benefits for additional details).

Significant Accounting Policies - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2025 USD ($) venture	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2021	Jan. 01, 2023 USD ($)
Principles Of Consolidation [Abstract]
Number of joint ventures \| venture	2
Recognition Of Revenue [Abstract]
Revenue from service contracts and post-shipment performance obligations (as a percent)	1.00%
Customer returns as a percentage of gross sales (as a percent)	1.00%
Investments [Abstract]
Investments classified as held-to-maturity	$ 0.0	$ 0.0
Inventories [Abstract]
Inventories, net	1,083.8	1,010.4
Deferred tax liabilities	420.1	277.1
Retained earnings	4,155.7	3,779.5
Capitalized Computer Software, Net [Abstract]
Capitalized computer software costs, net of amortization	9.7	6.3
Amortization expense	$ 3.8	3.6	$ 4.3
Goodwill Annual Impairment Test [Abstract]
Percentage of definite-lived intangible assets under accelerated amortization method (approximate) (as a percent)	90.00%
Impairment of intangible assets, finite-lived	$ 0.0	$ 0.0	$ 0.0
Research and Development Expense [Abstract]
Research and development expense as a percentage of net sales (as a percent)	1.00%	1.00%	2.00%
Commercial Card Program
Recently Adopted Accounting Pronouncements and Issued Accounting Pronouncements Not Yet Adopted [Abstract]
Supplier finance program, obligation	$ 2.1	$ 2.4	$ 2.0
Payment terms				15 days
Termination notice period				60 days
Payment Services Arrangement
Recently Adopted Accounting Pronouncements and Issued Accounting Pronouncements Not Yet Adopted [Abstract]
Supplier Finance Program, Obligation, Current, Statement of Financial Position [Extensible Enumeration]	Accounts payable	Accounts payable
Supplier finance program, obligation	$ 95.5	$ 101.9	$ 101.3
Minimum
Goodwill Annual Impairment Test [Abstract]
Useful life, intangible assets (in years)	5 years
Maximum
Goodwill Annual Impairment Test [Abstract]
Useful life, intangible assets (in years)	30 years
Impact of Change
Inventories [Abstract]
Inventories, net	$ 231.3	$ 168.6			$ 178.2
Deferred tax liabilities					43.1
Retained earnings					$ 135.1
Capitalized Computer Software Costs \| Minimum
Capitalized Computer Software, Net [Abstract]
Depreciable lives (in years)	3 years
Capitalized Computer Software Costs \| Maximum
Capitalized Computer Software, Net [Abstract]
Depreciable lives (in years)	5 years
Joint Venture In Hong Kong
Principles Of Consolidation [Abstract]
Ownership (as a percent)	50.00%

Retirement Benefits - Narrative (Details) $ in Millions	12 Months Ended
Retirement Benefits - Narrative (Details) $ in Millions	Dec. 31, 2025 USD ($) benefitPlan	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Number of defined contribution pension plans \| benefitPlan	4
Defined contribution pension plans, total costs	$ 35.2	$ 36.7	$ 32.3
Number of multiemployer defined benefit pension plans \| benefitPlan	0
Futures contract supported by cash or cash equivalents	100.00%
Company Stock
Defined Benefit Plan Disclosure [Line Items]
Employer stock included in plan assets	$ 0.0	$ 0.0
United States
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.50%	5.60%
United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.55%	5.60%
Canada
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.86%	4.58%
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation	$ 636.2	$ 657.1	674.9
Settlement losses	$ 0.0	$ 0.0	$ 0.0
Discount rate	5.49%	5.58%	5.16%
Employer contributions	$ 48.8	$ 8.2
Pension Benefits \| United States
Defined Benefit Plan Disclosure [Line Items]
Defined benefit obligation per plan, as a percent of total benefit obligation (as a percent)	89.00%
Employer contributions	$ 40.0
Pension Benefits \| United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 1.4	$ 1.3

Other Accrued Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Accrued Liabilities [Abstract]
Customer program incentives	$ 73.5	$ 51.7
Accrued income taxes	27.5	21.4
Contract liabilities - deferred revenue	161.3	134.6
Customer refund liability	20.5	20.1
Accrued warranties	15.2	20.6
Current operating lease liabilities	40.7	34.2
Other	112.0	89.8
TOTAL	$ 450.7	$ 372.4

Retirement Benefits - Schedule of Components of Pension and Other Benefit Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Pension Benefits
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	$ 0.5	$ 0.6	$ 0.6
Interest cost	35.2	33.4	35.2
Expected return on plan assets	(28.6)	(30.8)	(28.1)
Amortization of prior service cost	0.4	0.4	0.4
Amortization of actuarial losses (gains)	11.3	9.9	10.4
Curtailment and settlement losses	0.0	0.0	0.0
Net periodic benefit cost	18.8	13.5	18.5
Changes recognized in other comprehensive loss (income), before tax:
Current year net actuarial (gain) loss	(16.7)	31.0	(4.6)
Current year prior service credit	0.0	0.0	0.0
Amortization of prior service (cost)	(0.4)	(0.4)	(0.4)
Amortization of net actuarial (losses) gains	(11.3)	(9.9)	(10.4)
Currency impact	2.6	(0.5)	1.8
Settlement adjustment	0.0	0.0	0.0
Curtailment adjustments	0.0	0.0	0.0
Total recognized in other comprehensive loss	(25.8)	20.2	(13.6)
TOTAL RECOGNIZED IN NET PERIODIC PENSION COST AND OTHER COMPREHENSIVE LOSS	(7.0)	33.7	4.9
Other Benefits
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	0.0	0.0	0.0
Interest cost	0.7	0.8	0.8
Expected return on plan assets	0.0	0.0	0.0
Amortization of prior service cost	0.0	0.0	0.0
Amortization of actuarial losses (gains)	(0.6)	(0.4)	(0.5)
Curtailment and settlement losses	0.0	0.0	0.0
Net periodic benefit cost	0.1	0.4	0.3
Changes recognized in other comprehensive loss (income), before tax:
Current year net actuarial (gain) loss	(1.4)	(1.8)	0.3
Current year prior service credit	0.0	0.0	0.0
Amortization of prior service (cost)	0.0	0.0	0.0
Amortization of net actuarial (losses) gains	0.6	0.4	0.6
Currency impact	0.0	0.0	0.0
Settlement adjustment	0.0	0.0	0.0
Curtailment adjustments	0.0	0.0	0.0
Total recognized in other comprehensive loss	(0.8)	(1.4)	0.9
TOTAL RECOGNIZED IN NET PERIODIC PENSION COST AND OTHER COMPREHENSIVE LOSS	$ (0.7)	$ (1.0)	$ 1.2

Leases

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Leases

Our operating leases primarily consist of office space, certain manufacturing facilities, and vehicles. Our finance leases are not material. The term of our operating leases is generally 10 years or less, in some cases, with options to extend the term for up to 5 years, or options to terminate after one year without penalty. In general, our vehicle lease payments contain a monthly base rent payment. Certain other lease agreements contain variable payments related to a consumer price index or similar metric. Any change in payment amounts as a result of a change in a rate or index are considered variable lease payments and recognized as profit or loss when incurred.

Rent expense for operating leases in the Consolidated Statements of Income for the years ended December 31, 2025, December 31, 2024, and December 31, 2023 were $45.3 million, $41.9 million, and $37.7 million, respectively. Cash paid for operating leases for the years ended December 31, 2025, December 31, 2024, and December 31, 2023 was $44.6 million, $41.6 million, and $34.8 million, respectively, and reported as cash outflows from operating activities in the Consolidated Statements of Cash Flows. Right-of-use (“ROU”) assets obtained in exchange for lease obligations for the year ended December 31, 2025 and December 31, 2024 were $48.4 million and $37.5 million, respectively. Included in 2025 was $5.3 million related to acquisitions in 2025.

Amounts recognized for operating leases in the Consolidated Balance Sheets are as follows (in millions):


	December 31, 2025		December 31, 2024
Operating lease right-of-use assets	$	155.5	$	146.2
TOTAL ASSETS	$	155.5	$	146.2

Other accrued liabilities	$	40.7	$	34.2
Other non-current liabilities	121.2		117.3
TOTAL LIABILITIES	$	161.9	$	151.5

The weighted average remaining lease term as of December 31, 2025 and December 31, 2024 for operating leases was 4.8 and 4.7 years, respectively. The weighted average discount rate used to measure the ROU asset and lease liability for operating leases was 4.3% as of December 31, 2025 and 3.8% as of December 31, 2024.

Future maturities of our operating lease liabilities as of December 31, 2025 are as follows (in millions):


	2026	2027	2028	2029	2030	Thereafter	Total Payments	Imputed Interest	Total
Operating Leases	$46.6	41.1	33.9	22.8	12.7	21.2	178.3	(16.4)	$161.9

Leases

Amounts recognized for operating leases in the Consolidated Balance Sheets are as follows (in millions):


	December 31, 2025		December 31, 2024
Operating lease right-of-use assets	$	155.5	$	146.2
TOTAL ASSETS	$	155.5	$	146.2

Other accrued liabilities	$	40.7	$	34.2
Other non-current liabilities	121.2		117.3
TOTAL LIABILITIES	$	161.9	$	151.5

Future maturities of our operating lease liabilities as of December 31, 2025 are as follows (in millions):


	2026	2027	2028	2029	2030	Thereafter	Total Payments	Imputed Interest	Total
Operating Leases	$46.6	41.1	33.9	22.8	12.7	21.2	178.3	(16.4)	$161.9

Stock-Based Compensation

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation

As of December 31, 2025, the Company had various stock-based awards outstanding which were issued to executives and other key employees. The Company recognizes the grant-date fair value of all stock-based awards to employees over their respective requisite service periods (generally equal to an award’s vesting period), net of estimated forfeitures. A stock-based award is considered vested for expense attribution purposes when the employee’s retention of the award is no longer contingent on providing subsequent service. For those awards that vest immediately upon retirement eligibility, the Company recognizes compensation cost immediately for retirement-eligible individuals or over the period from the grant date to the date retirement eligibility is achieved, if less than the stated vesting period.

The Company’s long-term incentive program for awarding stock-based compensation includes a combination of restricted stock, stock appreciation rights (“SARs”), and performance shares of the Company’s common stock pursuant to the Award Plan. Under the Award Plan, the Company may authorize up to 10.3 million shares of common stock to settle awards of restricted stock, performance shares, or SARs. The Company issues new shares to settle stock-based awards. In 2025, the Company’s grant of stock-based awards included restricted stock, SARs and performance shares.

Stock-based compensation expense recognized by the Company was $33.0 million in 2025, $30.6 million in 2024 and $26.5 million in 2023. The total income tax benefit recognized was $3.8 million in 2025, $4.2 million in 2024, and $4.0 million in 2023. The net tax windfall recorded as a result of exercise or vesting (depending on the type of award) was $6.0 million, $7.5 million, and $6.4 million in 2025, 2024 and 2023, respectively. As of December 31, 2025, there was $22.7 million, pretax, of total unrecognized compensation cost related to non-vested share-based compensation arrangements. This cost is expected to be primarily recognized through 2028.

Stock-based compensation expense is recorded in S&A expense as well as Cost of goods sold. Of the total 2025 expense, $31.9 million was recorded to S&A expense and $1.1 million was recorded to Cost of goods sold. In 2024 and 2023, $28.8 million and $24.9 million, respectively, was recorded to S&A expense and $1.8 million and $1.6 million, respectively, was recorded to Cost of goods sold. Stock-based compensation costs capitalized to inventory was $0.6 million in 2025, $0.6 million in 2024 and $0.7 million in 2023.

Each of the compensation arrangements is discussed below.

Restricted Stock

The Company issues various types of restricted stock, of which the restricted stock awards are considered outstanding at the time of grant, as the award holders are entitled to dividends and voting rights. Unvested restricted stock awards are considered participating securities when computing earnings per share. Restricted stock unit award holders are not entitled to dividend equivalents or voting rights until settlement. Restricted stock grants are not transferable and are subject to forfeiture in the event of the recipient’s termination of employment prior to vesting.

Restricted Stock Awards Issued to Employees - Service Condition

Restricted stock awards that vest based upon a service condition are expensed on a straight-line basis over the requisite service period. These awards generally vest either in three equal installments on each of the first three anniversaries of the grant date or on the third year anniversary of the grant date. The fair value of these awards is measured by the average of the high and low trading prices of the Company’s common stock on the most recent trading day immediately preceding the grant date (“measurement date”).

Restricted Stock Awards Issued to Non-employee Directors

In 2025, 2024 and 2023, each non-employee Director received a restricted stock award. These awards are typically made on the date of the annual meeting of shareholders or, as applicable, upon appointment to the Company's Board of Directors, and vest at the following year’s annual meeting of shareholders, or upon certain other events. The award is subject to forfeiture if the Director’s service terminates prior to the date of the next regularly scheduled annual meeting of shareholders. During 2025, 2024 and 2023, the Company issued awards of 4,113 shares, 3,629 shares, and 4,655 shares, respectively, to non-employee Directors.

Restricted Stock Awards Issued to Employees and Non-employee Directors

Activity related to both employee and non-employee restricted stock awards for the year ended December 31, 2025 is as follows (in thousands, except per share amounts):


	Shares	Weighted Average Grant Date Fair Value/Share
RESTRICTED STOCK AT DECEMBER 31, 2024	151	$	221.92
Shares granted	40	389.14
Shares vested	(53)	217.46
Shares forfeited	(4)	316.54
RESTRICTED STOCK AT DECEMBER 31, 2025	134	$	269.99

The weighted average fair value per share of restricted stock awards granted in 2025, 2024 and 2023 was $389.14, $356.94 and $249.36, respectively. The total fair value of restricted stock awards vested in 2025, 2024 and 2023 was $11.5 million, $10.4 million and $9.7 million, respectively.

Restricted Stock Units Issued to Employees - Service Condition

Restricted stock units that vest based upon a service condition are expensed on a straight-line basis over the requisite service period. These awards generally vest in three equal installments on each of the first three anniversaries of the grant date. The fair value of these awards is measured by the average of the high and low trading prices of the Company’s common stock on the measurement date reduced by the present value of dividends expected to be paid during the requisite service period.

In 2025, the Company granted 1,635 restricted stock units with a weighted average fair value per share of $381.11.

Stock Appreciation Rights

SARs grant the holder the right to receive, once vested, the value in shares of the Company’s common stock equal to the positive difference between the grant price, as determined using the mean of the high and low trading prices of the Company’s common stock on the measurement date, and the fair market value of the Company’s common stock on the date of exercise. This amount is payable in shares of the Company’s common stock. SARs vest and become exercisable in three equal installments during the first three years following the grant date and expire ten years from the grant date.

Activity related to SARs for the year ended December 31, 2025 is as follows (in thousands, except per share amounts):


	Number of Rights	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
OUTSTANDING AT DECEMBER 31, 2024	489	$	198.12
Granted	66	393.19
Exercised	(96)	159.16
Forfeited	(5)	306.77
Canceled	—	—
OUTSTANDING AT DECEMBER 31, 2025	454	$	233.77	6.3	$	95,455
EXERCISABLE AT DECEMBER 31, 2025	318	$	184.49	5.3	$	82,540

The aggregated intrinsic value of SARs exercised during 2025, 2024 and 2023 was $25.2 million, $46.2 million and $36.6 million, respectively.

The fair value of each SAR award was measured using the Black-Scholes option pricing model.

The following table summarizes the weighted-average assumptions used in estimating the fair value of the SARs granted during the years 2025, 2024 and 2023:


Grant Date	Expected Dividend Yield	Expected Volatility	Risk Free Interest Rate	Expected Term	Weighted Avg. Grant Date Fair Value of 1 SAR
2025	1.2%	24.2%	4.4%	4.8 years	$100.15
2024	1.5%	25.7%	4.0%	4.8 years	$88.17
2023	1.8%	28.0%	3.7%	4.9 years	$62.79

The expected dividend yield was calculated by dividing the Company’s expected annual dividend by the average stock price for the past three months. Expected volatilities are based on historical volatilities of the Company’s stock for a period consistent with the expected term. The expected term of SARs granted was based upon historical exercise behavior of SARs. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for the expected term of the award.

Performance Shares

Performance shares represent the right to receive a share of the Company’s common stock subject to the achievement of certain market or performance conditions established by the Company’s Compensation Committee and measured over a three year period. Partial vesting in these awards may occur after separation from the Company for retirement eligible employees. Shares are not vested until approved by the Company’s Compensation Committee.

Performance Shares - Market Condition

In February 2025, 2024, and 2023, the Company granted performance share awards with an aggregate target payout of 8,542, 8,736 and 11,481 shares, respectively, that will vest subject to a market condition and service condition through the performance period. The market condition associated with the awards is the Company’s total shareholder return (“TSR”) compared to the TSR generated by the companies that comprise the S&P Capital Goods 900 index over a three-year performance period. Performance at target will result in vesting and issuance of the number of performance shares subject to the award, equal to a 100% payout. Performance below or above target can result in issuance in the range of 0%-200% of the number of shares subject to the award. Expense is recognized irrespective of the market condition being achieved.

The fair value of the performance share awards with a market condition for these grants was determined based upon a lattice model. The following table summarizes the related assumptions used to determine the fair values of the performance share awards with a market condition granted during February 2025, 2024 and 2023:


Grant Date	Stock Price on Measurement Date	Dividend Yield	Expected Volatility	Risk Free Interest Rate	Expected Term	Weighted Avg. Grant Date Fair Value
February 2025	$393.16	1.3%	31.0%	4.3%	2.9 years	$421.00
February 2024	$352.55	1.4%	30.6%	4.1%	2.9 years	$483.99
February 2023	$241.17	1.9%	39.4%	4.1%	2.9 years	$279.47

Expected volatilities are based on historical volatilities of the Company’s and members of the peer group’s stock over the expected term of the award. The risk free interest rate is based on the U.S. Treasury yield curve in effect at the time of the grant for the expected term of the award.

Performance Shares - Performance Condition

In February 2025, 2024, and 2023, the Company granted performance share awards with a target payout of 17,377, 17,770 and 23,316 shares, respectively, that will vest subject to an internal Company-based performance condition and service requirement.

Fifty percent of these performance shares subject to the award will vest based on the Company’s compounded annual growth rate of Net sales as compared to that of the companies that comprise the S&P Capital Goods 900 index. Fifty percent of these performance shares subject to the award will vest based on achieved operating profit margin performance as compared to internal targets. Each of these performance conditions is measured over the same three-year performance period. The cumulative result of these performance conditions can result in a number of shares earned in the range of 0%-200% of the target number of shares subject to the award.

The fair value of the award is measured based upon the average of the high and low trading prices of the Company’s common stock on the measurement date, reduced by the present value of dividends expected to be paid during the requisite service period. The Company expenses these awards on a straight-line basis over the requisite service period and including an assessment of the performance achieved to date. The weighted average fair value per share was $380.99, $341.19 and $230.64 for the awards granted in 2025, 2024, and 2023, respectively.

Grant Date

Fair Value

Performance Period

Payout Range

February 2025

$380.99

Jan 2025 - Dec 2027

0-200%

February 2024

$341.19

Jan 2024 - Dec 2026

0-200%

February 2023

$230.64

Jan 2023 - Dec 2025

0-200%

Debt

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Debt

The following table sets forth the Company’s long-term debt at December 31, (in millions):


	Maturity	2025		2024

Senior notes at 3.35%	2026	$	—	$	399.2
Senior notes at 3.15%	2027	299.1		298.6
Senior notes at 3.50%	2028	448.5		447.7
Senior notes at 2.300%	2031	297.7		297.2
Senior notes at 4.800%	2035	392.1		—
Term loan	2028	598.9		—
TOTAL LONG-TERM DEBT(a)		$	2,036.3	$	1,442.7

(a) Long-term debt is presented net of debt issuance costs and unamortized discounts.

2025 Term Loan

On September 29, 2025, the Company entered into a Term Loan Agreement (the "2025 Term Loan Agreement") with a syndicate of lenders and JPMorgan Chase Bank, N.A., as administrative agent. On October 1, 2025, the Company borrowed $600 million under the Term Loan Agreement (the "2025 Loan") on an unsecured basis to finance the DMC Power acquisition. The 2025 Term Loan was made in a single borrowing and will be due and payable on September 29, 2028. The 2025 Term Loan bears interest based on the Term SOFR Rate (as defined in the 2025 Term Loan Agreement), plus an applicable interest addition based on Hubbell's credit ratings. The interest rate on the 2025 Term Loan as of December 31, 2025 was 4.99%. Hubbell also paid to the lenders certain customary fees in connection with the 2025 Term Loan Agreement.

The 2025 Term Loan Agreement contains representations and warranties and affirmative and negative covenants customary for an unsecured financing of this type, as well as a financial covenant requiring that, as of the last day of each fiscal quarter, the ratio of total indebtedness to total capitalization shall not be greater than 65%. The Company was in compliance with this covenant as of December 31, 2025.

2023 Term Loan

In December 2023, the Company entered into a Term Loan Agreement (the “2023 Term Loan Agreement”) with a syndicate of lenders under which the Company borrowed $600.0 million (the "2023 Term Loan") on an unsecured basis to partially finance the Systems Control acquisition, which was completed on December 12, 2023. Borrowings under the 2023 Term Loan Agreement bore interest generally at either the adjusted term SOFR rate plus an applicable margin (determined by a ratings based grid) or the alternative base rate. The principal amount of borrowings under the 2023 Term Loan Agreement amortized in equal quarterly installments of 2.5% in year one, 2.5% in year two, and 5% in year three, and the remaining borrowings under the 2023 Term Loan Agreement were due and payable in full at maturity in December 2026. The Company had the option to make principal payments in excess of the amortization schedule at its discretion; as such, during the fourth quarter of 2024, the Company repaid the remainder of the 2023 Term Loan and no balance was outstanding at December 31, 2025 or December 31, 2024.

2025 Credit Facility

On March 25, 2025, the Company, as borrower, and each foreign subsidiary borrower from time to time party thereto (collectively, the “Foreign Subsidiary Borrowers”) entered into a five-year credit agreement with a syndicate of lenders and JPMorgan Chase Bank, N.A., as administrative agent, that provides for a $1.0 billion committed unsecured revolving credit facility (the “Revolving Credit Agreement”). The obligations of the Foreign Subsidiary Borrowers (if any) under the Revolving Credit Agreement are guaranteed by the Company.

Commitments under the Revolving Credit Agreement may be conditionally increased to an aggregate amount not to exceed $1.5 billion. The Revolving Credit Agreement includes a $50.0 million sub-limit for the issuance of letters of credit. The sum of the dollar amount of loans and letters of credit to the Foreign Subsidiary Borrowers under the Revolving Credit Agreement may not exceed $100.0 million.

The interest rate applicable to borrowings under the Revolving Credit Agreement is either (i) the alternate base rate (as defined in the Revolving Credit Agreement) or (ii) the term SOFR rate (as defined in the Revolving Credit Agreement) plus an applicable margin based on the Company's credit ratings.

All revolving loans outstanding under the Revolving Credit Agreement will be due and payable on March 25, 2030. The Revolving Credit Agreement provides for up to two one-year maturity extensions. As of December 31, 2025, the credit facility was undrawn.

The Revolving Credit Agreement contains a sole financial covenant requiring that, as of the last day of each fiscal quarter, the ratio of total indebtedness to total capitalization shall not be greater than 65%. The Company was in compliance with this covenant as of December 31, 2025.

Unsecured Senior Notes

On November 14, 2025, the Company completed a public offering of $400 million aggregate principal amount of its 4.800% Senior Notes due 2035 (the “2035 Notes” and collectively with those described below, the "Notes"). The net proceeds from the offering were approximately $392.7 million after deducting the underwriting discount and estimated offering expenses payable by the Company. The 2035 Notes bear interest at a rate of 4.800% per annum from November 14, 2025. Interest on the 2035 Notes is payable semi-annually in arrears on May 15 and November 15 of each year, beginning on May 15, 2026. The 2035 Notes will mature on November 15, 2035. The Company used the net proceeds from the offering of the 2035 Notes, together with cash on hand, on December 1, 2025, to redeem in full all of the Company’s outstanding 3.350% Senior Notes due in 2026 for an aggregate principal amount of $400 million, which had a stated maturity date of March 1, 2026 (the "2026 Notes"), and to pay the accrued interest in respect thereof.

On March 12, 2021, the Company completed a public offering of $300 million aggregate principal amount of its 2.300% Senior Notes due 2031 (the “2031 Notes”). The net proceeds from the offering were approximately $295.5 million after deducting the underwriting discount and estimated offering expenses payable by the Company. The 2031 Notes bear interest at a rate of 2.300% per annum from March 12, 2021. Interest on the 2031 Notes is payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2021. The 2031 Notes will mature on March 15, 2031. The 2031 Notes are callable at any time with a make whole premium and are only subject to accelerated payment prior to maturity in the event of a default (including as a result of the Company’s failure to meet certain non-financial covenants) under the indenture governing the notes or upon a change in control triggering event as defined in such indenture. The Company was in compliance with all non-financial covenants as of December 31, 2025.

In February 2018, the Company completed a public offering of $450 million of senior, unsecured, notes maturing in February 2028 and bearing interest at a fixed rate of 3.50% (the “2028 Notes”). Net proceeds from the issuance of the 2028 Notes were $442.6 million after deducting the discount on such notes and offering expenses paid by the Company. The 2028 Notes are callable at any time at specified prices and are only subject to accelerated payment prior to maturity upon customary events of a default under the indenture governing the 2028 Notes, as modified by the supplemental indenture creating such notes, or upon a change in control triggering event as defined in such indenture.

In August 2017, the Company completed a public debt offering of $300 million of long-term unsecured, unsubordinated notes maturing in August 2027 and bearing interest at a fixed rate of 3.15% (the “2027 Notes”). Net proceeds from the issuance were $294.6 million after deducting the discount on the notes and offering expenses paid by the Company.

The 2027 Notes, 2028 Notes, 2031 Notes, and 2035 Notes are all fixed rate indebtedness, are callable at any time with a make whole premium and are only subject to accelerated payment prior to maturity in the event of a default (including as a result of the Company’s failure to meet certain non-financial covenants) under the indenture governing the notes, as modified by the supplemental indentures creating such notes, or upon a change in control triggering event as defined in such indenture. The Company was in compliance with all non-financial covenants as of December 31, 2025.

At December 31, 2025 and 2024, the Company had $289.1 million and $125.4 million, respectively, of short-term debt is composed of:

◦$287.0 million of commercial paper borrowings outstanding at December 31, 2025, and $123.0 million of commercial paper borrowings outstanding at December 31, 2024. The increase in commercial paper borrowings in 2025 was used for the repurchase of $225.0 million of treasury stock and to partially fund the acquisition of Ventev, Nicor and DMC Power.

◦The Company had $2.1 million and $2.4 million of short-term debt outstanding at December 31, 2025 and December 31, 2024, respectively, which consisted of amounts outstanding under our commercial card program.

Other information related to short-term debt at December 31, is summarized below:


	2025		2024
Weighted average interest rate on short-term debt:
At year end	4.13	%	4.49	%

The Company maintains other lines of credit that are primarily used to support the issuance of letters of credit. Interest rates and other terms of borrowing under these lines of credit vary from country to country, depending on local market conditions. At December 31, 2025 and 2024 these lines totaled $58.2 million and $55.3 million, respectively, of which $21.5 million and $41.1 million was utilized to support letters of credit and the remaining amount was unused. The annual commitment fees associated with these lines of credit are not material.

Interest and fees paid related to total indebtedness was $77.6 million, $83.6 million and $49.9 million in 2025, 2024 and 2023, respectively.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/470/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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Reference 20: http://www.xbrl.org/2003/role/disclosureRef
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Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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Reference 22: http://www.xbrl.org/2003/role/disclosureRef
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Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

Income Taxes - Schedule of Components of Income Tax Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income before income taxes:
United States	$ 968.1	$ 851.3	$ 836.9
International	151.0	155.5	135.3
Income before income taxes	1,119.1	1,006.8	972.2
Provision for income taxes — current:
Federal	155.0	150.2	165.6
State	24.3	33.0	35.6
International	36.9	36.9	32.3
Total provision — current	216.2	220.1	233.5
Provision for income taxes — deferred:
Federal	28.3	12.6	(10.8)
State	0.8	(3.5)	(8.4)
International	(18.1)	(7.1)	0.3
Total provision — deferred	11.0	2.0	(18.9)
TOTAL PROVISION FOR INCOME TAXES	$ 227.2	$ 222.1	$ 214.6

Property, Plant and Equipment - Schedule of Property, Plant, and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Property, Plant, and Equipment [Line Items]
Gross property, plant, and equipment	$ 1,676.9	$ 1,529.9
Less accumulated depreciation	(835.7)	(803.3)
PROPERTY, PLANT, AND EQUIPMENT, NET	841.2	726.6
Land
Property, Plant, and Equipment [Line Items]
Gross property, plant, and equipment	37.9	34.8
Buildings and improvements
Property, Plant, and Equipment [Line Items]
Gross property, plant, and equipment	291.5	269.6
Machinery, tools, and equipment
Property, Plant, and Equipment [Line Items]
Gross property, plant, and equipment	1,225.8	1,089.8
Construction-in-progress
Property, Plant, and Equipment [Line Items]
Gross property, plant, and equipment	$ 121.7	$ 135.7

Retirement Benefits - Schedule of Fair Value Pension Plan Assets (Details) - Pension Benefits - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 536.7	$ 499.0	$ 543.1
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	25.4	3.0
Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	16.8	14.7
Common Pooled Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	86.7	87.6
U.S. Treasuries
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	44.3	41.3
State and Local Municipal Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8.1	7.6
Sovereign Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6.9	8.7
Corporate Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	133.7	131.1
Fixed Income Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	16.3	15.7
Common Pooled Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	193.5	186.8
Asset Backed Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2.6	0.0
Alternative Investment Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.4	0.5
Common Pooled Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2.0	2.0
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	54.7	31.9
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	21.2	1.1
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	16.8	14.7
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Common Pooled Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| U.S. Treasuries
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| State and Local Municipal Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Sovereign Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Corporate Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Fixed Income Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	16.3	15.7
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Common Pooled Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Asset Backed Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Alternative Investment Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Common Pooled Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.4	0.4
Quoted Prices in Active Markets for Similar Assets (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	481.6	466.6
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4.2	1.9
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Common Pooled Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	86.7	87.6
Quoted Prices in Active Markets for Similar Assets (Level 2) \| U.S. Treasuries
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	44.3	41.3
Quoted Prices in Active Markets for Similar Assets (Level 2) \| State and Local Municipal Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8.1	7.6
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Sovereign Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6.9	8.7
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Corporate Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	133.7	131.1
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Fixed Income Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Common Pooled Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	193.5	186.8
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Asset Backed Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2.6	0.0
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Alternative Investment Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Quoted Prices in Active Markets for Similar Assets (Level 2) \| Common Pooled Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1.6	1.6
Unobservable inputs for which little or no market data exists (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Common Pooled Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| U.S. Treasuries
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| State and Local Municipal Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Sovereign Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Corporate Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Fixed Income Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Common Pooled Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Asset Backed Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Alternative Investment Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Unobservable inputs for which little or no market data exists (Level 3) \| Common Pooled Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.4	0.5
Investments Priced Using Net Asset Value \| Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Common Pooled Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| U.S. Treasuries
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| State and Local Municipal Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Sovereign Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Corporate Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Fixed Income Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Common Pooled Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Asset Backed Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.0	0.0
Investments Priced Using Net Asset Value \| Alternative Investment Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.4	0.5
Investments Priced Using Net Asset Value \| Common Pooled Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0.0	$ 0.0

Property, Plant, and Equipment - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Property, Plant, and Equipment [Line Items]
Depreciation	$ 92.8	$ 81.3	$ 71.9
Minimum \| Buildings and improvements
Property, Plant, and Equipment [Line Items]
Depreciable lives (in years)	20 years
Minimum \| Machinery, tools, and equipment
Property, Plant, and Equipment [Line Items]
Depreciable lives (in years)	3 years
Maximum \| Buildings and improvements
Property, Plant, and Equipment [Line Items]
Depreciable lives (in years)	45 years
Maximum \| Machinery, tools, and equipment
Property, Plant, and Equipment [Line Items]
Depreciable lives (in years)	15 years

Financial Instruments and Fair Value Measurement

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Financial Instruments and Fair Value Measurement

Financial Instruments

Concentrations of Credit Risk: Financial instruments which potentially subject the Company to significant concentrations of credit risk consist of trade receivables, cash equivalents and investments. The Company grants credit terms in the normal course of business to its customers. Due to the diversity of its product lines, the Company has an extensive customer base including electrical distributors and wholesalers, electric utilities, equipment manufacturers, electrical contractors, telecommunication companies and retail and hardware outlets. We are not dependent on a single customer, however, the Company’s top ten customers account for approximately 42% of its Net sales. As part of its ongoing procedures, the Company monitors the credit worthiness of its customers. Bad debt write-offs have historically been minimal. The Company places its cash and cash equivalents with financial institutions and limits the amount of exposure in any one institution.

At December 31, 2025, our accounts receivable balance was $856.9 million, net of allowances of $13.9 million. The allowance for doubtful accounts has increased by $2.6 million since December 31, 2024.

Fair Value: The carrying amounts reported in the Consolidated Balance Sheet for cash and cash equivalents, short-term investments, receivables, bank borrowings, accounts payable and accruals approximate their fair values given the immediate or short-term nature of these items. See also Note 7 — Investments.

Fair value measurements

At December 31, 2025 and 2024, the Company had $113.8 million and $100.8 million respectively, of investments carried on the balance sheet at fair value. Fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The FASB fair value measurement guidance established a fair value hierarchy that prioritizes the inputs used to measure fair value. Refer to Note 7 — Investments for more information about these investments.

The three broad levels of the fair value hierarchy are as follows:

Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2 - Quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly.

Level 3 - Unobservable inputs for which little or no market data exists, therefore requiring a company to develop its own assumptions.

The following tables show, by level within the fair value hierarchy, the Company’s financial assets and liabilities that are accounted for at fair value on a recurring basis at December 31, 2025 and 2024 (in millions):


Asset (Liability)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Quoted Prices in Active Markets for Similar Assets (Level 2)		Unobservable inputs for which little or no market data exists (Level 3)		Total
Money market funds (a)	$	187.4	$	—	$	—	$	187.4
Time Deposits (d)	—		2.9		—		2.9
Available for sale investments	—		78.4		—		78.4
Trading securities	32.5		—		—		32.5
Deferred compensation plan liabilities	(32.5)		—		—		(32.5)
Derivatives:
Forward exchange contracts-Assets (b)	—		0.1		—		0.1
Forward exchange contracts-(Liabilities) (c)	—		(0.5)		—		(0.5)
BALANCE AT DECEMBER 31, 2025	$	187.4	$	80.9	$	—	$	268.3


Asset (Liability)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Quoted Prices in Active Markets for Similar Assets (Level 2)		Unobservable inputs for which little or no market data exists (Level 3)		Total
Money market funds (a)	$	63.2	$	—	$	—	$	63.2
Time Deposits (d)	—		3.1		—		3.1
Available for sale investments	—		69.6		—		69.6
Trading securities	28.1		—		—		28.1
Deferred compensation plan liabilities	(28.1)		—		—		(28.1)
Derivatives:
Forward exchange contracts-Assets (b)	—		1.4		—		1.4
BALANCE AT DECEMBER 31, 2024	$	63.2	$	74.1	$	—	$	137.3

(a)Money market funds are included in Cash and cash equivalents in the Consolidated Balance Sheet.

(b)Forward exchange contracts-Assets are reflected in Other current assets in the Consolidated Balance Sheet.

(c)Forward exchange contracts-(Liabilities) are reflected in Other accrued liabilities in the Consolidated Balance Sheet.

(d)Time deposits are reflected in current and long term investments depending on their maturity date in the Consolidated Balance Sheet.

The methods and assumptions used to estimate the Level 2 fair values were as follows:

Forward exchange contracts – The fair value of forward exchange contracts were based on quoted forward foreign exchange prices at the reporting date.

Available-for-sale municipal bonds classified in Level 2 – The fair value of available-for-sale investments in municipal bonds is based on observable market-based inputs, other than quoted prices in active markets for identical assets.

Deferred compensation plan

The Company offers certain employees the opportunity to participate in non-qualified deferred compensation plans. A participant’s deferrals are invested in a variety of participant-directed debt and equity mutual funds that are classified as trading securities. During 2025 and 2024, the Company purchased $3.6 million and $4.9 million, respectively, of trading securities related to these deferred compensation plans. As a result of participant distributions, the Company sold $3.5 million and $3.0 million of these trading securities in 2025 and 2024, respectively. The unrealized gains and losses associated with these trading securities are directly offset by the changes in the fair value of the underlying deferred compensation plan obligation.

Long-term Debt

The total carrying value of long-term debt, net of unamortized discount and debt issuance costs, as of December 31, 2025 and December 31, 2024 was $2,036.3 million and $1,442.7 million, respectively. The estimated fair value of the long-term debt as of December 31, 2025 and December 31, 2024 was $2,008.3 million and $1,367.3 million, respectively, using quoted market prices in active markets for similar liabilities (Level 2).

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 482.5	$ 329.1
Short-term investments	15.4	15.9
Accounts receivable (net of allowances of $13.9 and $11.3)	856.9	756.0
Inventories, net	1,083.8	1,010.4
Other current assets	155.4	146.5
Total Current Assets	2,594.0	2,257.9
Property, Plant, and Equipment, net	841.2	726.6
Other Assets
Investments	98.4	84.9
Goodwill	3,060.8	2,500.8
Other intangible assets, net	1,394.3	1,080.0
Other long-term assets	240.1	197.5
TOTAL ASSETS	8,228.8	6,847.7
Current Liabilities
Short-term debt	289.1	125.4
Accounts payable	570.5	541.7
Accrued salaries, wages and employee benefits	115.4	145.7
Accrued insurance	83.0	89.0
Other accrued liabilities	450.7	372.4
Total Current Liabilities	1,508.7	1,274.2
Long-term Debt	2,036.3	1,442.7
Other Non-Current Liabilities	825.9	720.2
TOTAL LIABILITIES	4,370.9	3,437.1
Commitments and Contingencies (see Note 15)
Hubbell Incorporated Shareholders’ Equity
Common stock - Authorized 200,000,000 shares, outstanding 53,253,805 and 53,759,976 shares	0.6	0.6
Additional paid-in capital	6.4	2.6
Retained earnings	4,155.7	3,779.5
Accumulated other comprehensive loss	(314.8)	(386.5)
Total Hubbell Incorporated Shareholders’ Equity	3,847.9	3,396.2
Noncontrolling interest	10.0	14.4
TOTAL EQUITY	3,857.9	3,410.6
TOTAL LIABILITIES AND EQUITY	$ 8,228.8	$ 6,847.7

Business Acquisitions and Dispositions - Narrative (Details) - USD ($) $ in Millions		1 Months Ended	3 Months Ended						12 Months Ended
	Oct. 01, 2025	Dec. 31, 2023	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Business Combination [Line Items]
Goodwill		$ 2,533.4					$ 2,533.4		$ 3,060.8	$ 2,500.8	$ 2,533.4
Acquisitions, net of cash acquired									958.3	(5.9)	1,211.7
Cash purchase price		131.0		$ 2.6
Loss on disposition of business				$ 0.4		$ 5.3			$ 0.4	5.3	$ 0.0
Customer relationships
Business Combination [Line Items]
Weighted Average Estimated Useful Life									23 years		21 years
Discontinued Operations, Disposed of by Sale
Business Combination [Line Items]
Income from the TSA									$ 1.9	$ 7.2
Term Loan Agreement \| Senior Notes
Business Combination [Line Items]
Debt instrument, face amount	$ 600.0	600.0					600.0				$ 600.0
Ventev
Business Combination [Line Items]
Consideration transferred to acquire business					$ 73.0
Other Intangible assets, net					34.5
Goodwill					$ 40.0
Ventev \| Customer Relationships, Tradenames
Business Combination [Line Items]
Weighted Average Estimated Useful Life					17 years
Nicor, Inc.
Business Combination [Line Items]
Consideration transferred to acquire business			$ 56.0
Other Intangible assets, net			18.6
Goodwill			$ 30.3
Nicor, Inc. \| Customer Relationships, Tradenames
Business Combination [Line Items]
Weighted Average Estimated Useful Life			18 years
DMC Power, LLC.
Business Combination [Line Items]
Consideration transferred to acquire business	829.0
Other Intangible assets, net	364.0
Goodwill	468.9
DMC Power, LLC. \| Customer relationships
Business Combination [Line Items]
Other Intangible assets, net	$ 290.0
DMC Power, LLC. \| Customer Relationships, Developed Technology, Tradenames, and Backlog
Business Combination [Line Items]
Weighted Average Estimated Useful Life	21 years
DMC Power, LLC. \| Developed Technology, Tradenames, and Backlog
Business Combination [Line Items]
Other Intangible assets, net	$ 74.0
Northern Star Holdings, Inc.
Business Combination [Line Items]
Other Intangible assets, net		573.9					573.9				573.9
Goodwill		517.9					517.9				517.9
Acquisitions, net of cash acquired							1,100.0
Northern Star Holdings, Inc. \| Customer Relationships, Tradenames And Backlog
Business Combination [Line Items]
Other Intangible assets, net		573.9					$ 573.9				573.9
Weighted Average Estimated Useful Life							19 years
Systems Control
Business Combination [Line Items]
Deductible goodwill		138.8					$ 138.8				138.8
Indústria Eletromecânica Balestro Ltda
Business Combination [Line Items]
Other Intangible assets, net		5.6					5.6				5.6
Goodwill		64.5					64.5				64.5
Acquisitions, net of cash acquired							87.0
Indústria Eletromecânica Balestro Ltda \| Customer Relationships, Tradenames And Backlog
Business Combination [Line Items]
Other Intangible assets, net		5.6					$ 5.6				5.6
Weighted Average Estimated Useful Life							21 years
EI Electronics LLC
Business Combination [Line Items]
Other Intangible assets, net								$ 28.7
Goodwill								23.3
Acquisitions, net of cash acquired								60.0
EI Electronics LLC \| Customer Relationships, Developed Technology, Tradenames, and Backlog
Business Combination [Line Items]
Other Intangible assets, net								$ 28.7
Weighted Average Estimated Useful Life								14 years
Balestro Acquisition
Business Combination [Line Items]
Deferred purchase price											7.2
2023 Acquisitions
Business Combination [Line Items]
Goodwill		$ 605.7					$ 605.7				605.7
Contributed sales											41.4
Contributed operating income											$ 0.0

Consolidated Statement of Income - USD ($) $ in Millions	12 Months Ended
Consolidated Statement of Income - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Statement [Abstract]
Net sales	$ 5,844.6	$ 5,628.5	$ 5,372.9
Cost of goods sold	3,780.5	3,722.9	3,495.9
Gross profit	2,064.1	1,905.6	1,877.0
Selling & administrative expenses	855.3	812.5	849.6
Operating income	1,208.8	1,093.1	1,027.4
Loss on disposition of business (Note 3)	(0.4)	(5.3)	0.0
Interest expense, net	(64.1)	(73.8)	(36.7)
Other expense, net	(25.2)	(7.2)	(18.5)
Total other expense	(89.7)	(86.3)	(55.2)
Income before income taxes	1,119.1	1,006.8	972.2
Provision for income taxes	227.2	222.1	214.6
Net income	891.9	784.7	757.6
Less: Net income attributable to noncontrolling interest	(4.8)	(5.7)	(6.2)
Net income attributable to Hubbell Incorporated	$ 887.1	$ 779.0	$ 751.4
Earnings per share
Basic earnings per share (USD per share)	$ 16.63	$ 14.49	$ 13.98
Diluted earnings per share (USD per share)	$ 16.54	$ 14.39	$ 13.89

Other Accrued Liabilities

12 Months Ended

Dec. 31, 2025

Accrued Liabilities [Abstract]

Other Accrued Liabilities

Other accrued liabilities consist of the following at December 31, (in millions):


	2025		2024
Customer program incentives	$	73.5	$	51.7
Accrued income taxes	27.5		21.4
Contract liabilities - deferred revenue	161.3		134.6
Customer refund liability	20.5		20.1
Accrued warranties(1)	15.2		20.6
Current operating lease liabilities	40.7		34.2
Other	112.0		89.8
TOTAL	$	450.7	$	372.4

(1) Refer to Note 21 – Guarantees for additional information regarding warranties.

Capital Stock - Schedule of Activity in the Company's Common Shares Outstanding (Details) - shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Common Stock, Shares, Outstanding [Roll Forward]
Common stock, shares outstanding, beginning of period (in shares)	53,759,976
Common stock, shares outstanding, end of period (in shares)	53,253,805	53,759,976
Common Stock
Common Stock, Shares, Outstanding [Roll Forward]
Common stock, shares outstanding, beginning of period (in shares)	53,760,000	53,730,000	53,689,000
Exercise of stock appreciation rights (in shares)	36,000	72,000	77,000
Director compensation arrangements, net (in shares)	4,000	4,000	4,000
Restricted/performance shares activity, net of forfeitures (in shares)	103,000	105,000	127,000
Acquisition/surrender of shares (in shares)	(649,000)	(151,000)	(167,000)
Common stock, shares outstanding, end of period (in shares)	53,254,000	53,760,000	53,730,000

Industry Segments and Geographic Area Information - Schedule of Geographic Area Data (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Net Sales:
Net sales	$ 1,492.7	$ 1,502.4	$ 1,484.3	$ 1,365.2	$ 1,334.3	$ 1,442.6	$ 1,452.5	$ 1,399.1	$ 5,844.6	$ 5,628.5	$ 5,372.9
Operating Income:
Total Operating Income									1,208.8	1,093.1	1,027.4
Long-lived Assets:
TOTAL LONG-LIVED ASSETS	5,609.0				4,586.2				5,609.0	4,586.2	4,739.5
United States
Net Sales:
Net sales									5,411.3	5,159.3	4,922.4
Operating Income:
Total Operating Income									1,123.6	1,008.6	925.9
Long-lived Assets:
TOTAL LONG-LIVED ASSETS	5,122.9				4,128.9				5,122.9	4,128.9	4,250.7
International
Net Sales:
Net sales									433.3	469.2	450.5
Operating Income:
Total Operating Income									85.2	84.5	101.5
Long-lived Assets:
TOTAL LONG-LIVED ASSETS	$ 486.1				$ 457.3				$ 486.1	$ 457.3	$ 488.8

- Definition

The net result for the period of deducting operating expenses from operating revenues.

Retirement Benefits - Schedule of Assumed Health Care Cost Trend Rates (Details) - Other Benefits	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Health care cost trend assumed for next year	7.50%	6.80%	6.80%
Rate to which the cost trend is assumed to decline	5.00%	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2036	2031	2031

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Tax Jurisdiction of Domicile [Extensible Enumeration]	United States
Amount
U.S. Federal Statutory Tax Rate	$ 235.0	$ 211.5	$ 203.9
State and Local Income taxes, net of federal income tax effect	20.3	23.4	22.9
Foreign Tax Effect	(11.4)	(1.5)	4.6
Effect of Cross-Border Tax Laws	(5.2)	(5.7)	(1.2)
Tax Credits	(8.5)	(7.4)	(9.4)
Nontaxable or Nondeductible Items	(0.3)	5.4	0.9
Changes in Unrecognized Tax Benefits	(2.7)	(3.6)	(7.1)
TOTAL PROVISION FOR INCOME TAXES	$ 227.2	$ 222.1	$ 214.6
Percentage
U.S. Federal Statutory Tax Rate	21.00%	21.00%	21.00%
State and Local Income taxes, net of federal income tax effect	1.80%	2.30%	2.40%
Foreign Tax Effect	(1.00%)	(0.10%)	0.50%
Effect of Cross-Border Tax Laws	(0.50%)	(0.60%)	(0.10%)
Tax Credits	(0.80%)	(0.70%)	(1.00%)
Nontaxable or Nondeductible Items	0.00%	0.50%	0.10%
Changes in Unrecognized Tax Benefits	(0.20%)	(0.30%)	(0.80%)
Changes in Unrecognized Tax Benefits	20.30%	22.10%	22.10%

Inventories

12 Months Ended

Dec. 31, 2025

Inventory Disclosure [Abstract]

Inventories

Inventories are classified as follows at December 31, (in millions):


	2025		2024
Raw material	$	455.0	$	409.9
Work-in-process	227.5		218.5
Finished goods	401.3		382.0


INVENTORIES, NET	$	1,083.8	$	1,010.4

See Note 1 regarding change in accounting method for inventories to FIFO from LIFO.

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2025
Audit Information [Abstract]
Auditor Firm ID	238
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	Hartford, Connecticut

Business Acquisitions and Dispositions - Schedule of Intangible Asset, Acquired, Finite-Lived Assumed (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2023
Business Combination [Line Items]
Intangible assets, estimated fair value	$ 417.1	$ 608.2
Patents, tradenames and trademarks
Business Combination [Line Items]
Intangible assets, estimated fair value	$ 19.2	$ 45.1
Weighted Average Estimated Useful Life	20 years	20 years
Customer relationships
Business Combination [Line Items]
Intangible assets, estimated fair value	$ 338.5	$ 503.0
Weighted Average Estimated Useful Life	23 years	21 years
Developed technology
Business Combination [Line Items]
Intangible assets, estimated fair value	$ 55.0	$ 8.5
Weighted Average Estimated Useful Life	10 years	10 years
Backlog
Business Combination [Line Items]
Intangible assets, estimated fair value	$ 4.4	$ 51.6
Weighted Average Estimated Useful Life	2 years	3 years

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
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Reference 33: http://www.xbrl.org/2003/role/disclosureRef
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Reference 34: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
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-Name Accounting Standards Codification
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-Paragraph 1
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Reference 36: http://www.xbrl.org/2003/role/disclosureRef
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Reference 37: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 38: http://www.xbrl.org/2003/role/disclosureRef
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Reference 39: http://www.xbrl.org/2003/role/disclosureRef
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Reference 40: http://www.xbrl.org/2003/role/disclosureRef
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Reference 41: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
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-Paragraph 2
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Reference 42: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
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-Paragraph 2
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

+ Details

Retirement Benefits (Tables)

12 Months Ended

Dec. 31, 2025

Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]

Schedule of Changes in Benefit Obligation and the Plan Assets

The following table sets forth the reconciliation of beginning and ending balances of the benefit obligations and the plan assets for the Company’s defined benefit pension and other benefit plans at December 31, (in millions):


	Pension Benefits				Other Benefits
	2025		2024		2025		2024
Change in benefit obligation
Benefit obligation at beginning of year	$	657.1	$	674.9	$	14.2	$	16.1

Service cost	0.5		0.6		—		—
Interest cost	35.2		33.4		0.7		0.8
Plan participants’ contributions	—		—		—		—
Amendments	—		—		—		—
Actuarial (gain)/loss	(0.6)		5.4		(1.4)		(1.8)
Currency impact	4.4		(1.8)		—		—
Other	—		—		—		—
Benefits paid	(60.4)		(55.4)		(0.7)		(0.9)
Benefit obligation at end of year	$	636.2	$	657.1	$	12.8	$	14.2
Change in plan assets
Fair value of plan assets at beginning of year	$	499.0	$	543.1	$	—	$	—
Actual return on plan assets	44.8		5.2		—		—
Employer contributions	48.8		8.2		0.7		0.9
Plan participants’ contributions	—		—		—		—
Currency impact	4.5		(2.1)		—		—
Benefits paid	(60.4)		(55.4)		(0.7)		(0.9)
Fair value of plan assets at end of year	536.7		499.0		—		—
FUNDED STATUS	$	(99.5)	$	(158.1)	$	(12.8)	$	(14.2)
Amounts recognized in the consolidated balance sheet consist of:
Prepaid pensions (included in Other long-term assets)	$	23.8	$	15.5	$	—	$	—
Accrued benefit liability (short-term and long-term)	(123.3)		(173.6)		(12.8)		(14.2)
NET AMOUNT RECOGNIZED IN THE CONSOLIDATED BALANCE SHEET	$	(99.5)	$	(158.1)	$	(12.8)	$	(14.2)
Amounts recognized in Accumulated other comprehensive loss (income) consist of:
Net actuarial loss (gain)	$	226.1	$	251.6	$	(6.9)	$	(6.1)
Prior service cost	5.3		5.6		—		—

NET AMOUNT RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE LOSS	$	231.4	$	257.2	$	(6.9)	$	(6.1)

Schedule of Accumulated Benefit Obligations in Excess of Plan Assets

Information with respect to plans with accumulated benefit obligations in excess of plan assets is as follows, (in millions):


	2025		2024
Projected benefit obligation	$	450.1	$	468.8
Accumulated benefit obligation	$	450.1	$	468.8
Fair value of plan assets	$	326.8	$	295.2

Schedule of the Components of Pension and Other Benefit Costs

The following table sets forth the components of pension and other benefit costs for the years ended December 31, (in millions):


	Pension Benefits						Other Benefits
	2025		2024		2023		2025		2024		2023
Components of net periodic benefit cost:
Service cost	$	0.5	$	0.6	$	0.6	$	—	$	—	$	—
Interest cost	35.2		33.4		35.2		0.7		0.8		0.8
Expected return on plan assets	(28.6)		(30.8)		(28.1)		—		—		—
Amortization of prior service cost	0.4		0.4		0.4		—		—		—
Amortization of actuarial losses (gains)	11.3		9.9		10.4		(0.6)		(0.4)		(0.5)
Curtailment and settlement losses	—		—		—		—		—		—
Net periodic benefit cost	$	18.8	$	13.5	$	18.5	$	0.1	$	0.4	$	0.3
Changes recognized in other comprehensive loss (income), before tax:
Current year net actuarial (gain) loss	$	(16.7)	$	31.0	$	(4.6)	$	(1.4)	$	(1.8)	$	0.3
Current year prior service credit	—		—		—		—		—		—
Amortization of prior service (cost)	(0.4)		(0.4)		(0.4)		—		—		—
Amortization of net actuarial (losses) gains	(11.3)		(9.9)		(10.4)		0.6		0.4		0.6
Currency impact	2.6		(0.5)		1.8		—		—		—
Settlement adjustment	—		—		—		—		—		—
Curtailment adjustments	—		—		—		—		—		—
Total recognized in other comprehensive loss	(25.8)		20.2		(13.6)		(0.8)		(1.4)		0.9
TOTAL RECOGNIZED IN NET PERIODIC PENSION COST AND OTHER COMPREHENSIVE LOSS	$	(7.0)	$	33.7	$	4.9	$	(0.7)	$	(1.0)	$	1.2

Schedule of Assumptions Used to Determine the Projected Benefit Obligation

The following assumptions were used to determine the projected benefit obligations at the measurement date and the net periodic benefit cost for the year:


	Pension Benefits						Other Benefits
	2025		2024		2023		2025		2024		2023
Weighted-average assumptions used to determine benefit obligations at December 31,
Discount rate	5.49	%	5.58	%	5.16	%	5.50	%	5.60	%	5.20	%
Rate of compensation increase	0.08	%	0.08	%	0.08	%	5.00	%	5.00	%	5.00	%
Weighted-average assumptions used to determine net periodic benefit cost for years ended December 31,
Discount rate	5.58	%	5.16	%	5.46	%	5.60	%	5.20	%	5.50	%
Expected return on plan assets	5.75	%	5.93	%	5.68	%	N/A		N/A		N/A
Rate of compensation increase	0.08	%	0.08	%	0.08	%	5.00	%	5.00	%	3.93	%

Schedule of Health Care Cost Trend Rates

The assumed health care cost trend rates used to determine the projected postretirement benefit obligation are as follows:


	Other Benefits
	2025		2024		2023
Assumed health care cost trend rates at December 31,
Health care cost trend assumed for next year	7.5	%	6.8	%	6.8	%
Rate to which the cost trend is assumed to decline	5.0	%	5.0	%	5.0	%
Year that the rate reaches the ultimate trend rate	2036		2031		2031

Schedule of Allocation of Plan Assets

The Company’s combined targeted 2026 weighted average asset allocation for domestic and foreign pension plans and the actual weighted average asset allocation for domestic and foreign pension plans at December 31, 2025 and 2024 by asset category are as follows:


	Percentage of Plan Assets
	Target		Actual
Asset Category	2026		2025		2024
Equity securities	20	%	20	%	21	%
Debt securities & Cash	80	%	80	%	79	%
Alternative Investments	—	%	—	%	—	%
TOTAL	100	%	100	%	100	%

Schedule of Changes in Fair Value of Plan Assets

The fair value of the Company’s pension plan assets at December 31, 2025 and 2024, by asset category are as follows (in millions):


			Quoted Prices in Active Markets for Identical Assets		Quoted Prices in Active Market for Similar Asset		Significant Unobservable Inputs		Investments Priced Using Net Asset Value
Asset Category	Total		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	25.4	$	21.2	$	4.2	$	—	$	—
Equity securities:


Equity Mutual Funds	16.8		16.8		—		—		—
Common Pooled Equity Funds (a)	86.7		—		86.7		—		—

Fixed Income Securities:
U.S. Treasuries	44.3		—		44.3		—		—
State and Local Municipal Bonds	8.1		—		8.1		—		—
Sovereign Debt	6.9		—		6.9		—		—
Corporate Bonds (b)	133.7		—		133.7		—		—
Fixed Income Mutual Funds	16.3		16.3		—		—		—
Common Pooled Fixed Income Funds (c)	193.5		—		193.5		—		—



Asset Backed Securities	2.6		—		2.6		—		—
Alternative Investment Funds	0.4		—		—		—		0.4
Common Pooled Funds (d)	2.0		0.4		1.6		—		—
BALANCE AT DECEMBER 31, 2025	$	536.7	$	54.7	$	481.6	$	—	$	0.4


			Quoted Prices in Active Markets for Identical Assets		Quoted Prices in Active Market for Similar Asset		Significant Unobservable Inputs		Investments Priced Using Net Asset Value
Asset Category	Total		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	3.0	$	1.1	$	1.9	$	—	$	—
Equity securities:
Equity Mutual Funds	14.7		14.7		—		—		—



Common Pooled Equity Funds (a)	87.6		—		87.6		—		—
Fixed Income Securities:
U.S. Treasuries	41.3		—		41.3		—		—
State and Local Municipal Bonds	7.6		—		7.6		—		—
Sovereign Debt	8.7		—		8.7		—		—
Corporate Bonds (b)	131.1		—		131.1		—		—
Fixed Income Mutual Funds	15.7		15.7		—		—		—
Common Pooled Fixed Income Funds (c)	186.8		—		186.8		—		—



Asset Backed Securities	—		—		—		—		—
Alternative Investment Funds	0.5		—		—		—		0.5
Common Pooled Funds (d)	2.0		0.4		1.6		—		—
BALANCE AT DECEMBER 31, 2024	$	499.0	$	31.9	$	466.6	$	—	$	0.5

(a)Investments in Common Pooled Equity Funds, including funds and fund products investing in various equity securities.

(b)Includes primarily investment grade bonds from diverse industries.

(c)Investments in Common Pooled Fixed Income Funds, including funds and fund products investing in various fixed income investments.

(d)Investments in Common Pooled Funds, consisting of equities and fixed income securities.

Schedule of Expected Benefit Payments

The following domestic and foreign benefit payments, which reflect future service, as appropriate, are expected to be paid as follows (in millions):


	Pension Benefits		Other Benefits
2026	$	54.5	$	2.6
2027	$	53.9	$	1.1
2028	$	53.3	$	1.1
2029	$	52.7	$	1.0
2030	$	51.9	$	1.0
2031-2035	$	244.8	$	4.3

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table sets forth the computation of earnings per share for the three years ended December 31 (in millions, except per share amounts):


	2025		2024		2023
Numerator:
Net income attributable to Hubbell Incorporated	$	887.1	$	779.0	$	751.4
Less: Earnings allocated to participating securities	(1.5)		(1.5)		(1.8)
Net income available to common shareholders	$	885.6	$	777.5	$	749.6

Denominator:
Average number of common shares outstanding	53.2		53.7		53.6
Potential dilutive common shares	0.3		0.3		0.4
Average number of diluted shares outstanding	53.5		54.0		54.0

Earnings per share:
Basic earnings per share	$	16.63	$	14.49	$	13.98
Diluted earnings per share	$	16.54	$	14.39	$	13.89

Stock-Based Compensation - Schedule of Restricted Stock Option Activity (Details) - Restricted Stock - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Number of Shares
OUTSTANDING beginning balance (in shares)	151
Shares granted (in shares)	40
Shares vested (in shares)	(53)
Shares forfeited (in shares)	(4)
OUTSTANDING ending balance (in shares)	134	151
Weighted Average Exercise Price (USD per share)
OUTSTANDING beginning balance (USD per share)	$ 221.92
Shares granted (USD per share)	389.14	$ 356.94	$ 249.36
Shares vested (USD per share)	217.46
Shares forfeited (USD per share)	316.54
OUTSTANDING AT ending balance (USD per Share)	$ 269.99	$ 221.92

Goodwill and Other Intangible Assets - Schedule of Other Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Other Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 2,162.2	$ 1,743.8
Accumulated Amortization	(801.7)	(697.2)
TOTAL OTHER INTANGIBLE ASSETS	2,196.0	1,777.2
Tradenames and other
Other Intangible Assets [Line Items]
Accumulated Amortization	0.0	0.0
Indefinite-lived intangible assets (excluding goodwill)	33.8	33.4
Patents, tradenames and trademarks
Other Intangible Assets [Line Items]
Finite-lived intangible assets, gross	250.0	232.4
Accumulated Amortization	(104.7)	(95.2)
Customer relationships
Other Intangible Assets [Line Items]
Finite-lived intangible assets, gross	1,633.6	1,290.0
Accumulated Amortization	(517.6)	(443.2)
Developed technology and other
Other Intangible Assets [Line Items]
Finite-lived intangible assets, gross	278.6	221.4
Accumulated Amortization	$ (179.4)	$ (158.8)

Investments (Table)

12 Months Ended

Dec. 31, 2025

Investments [Abstract]

Schedule of Investments, Amortized Cost Basis

The following table sets forth selected data with respect to the Company’s investments at December 31, (in millions):


	2025										2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value
Available-for-sale securities	$	78.0	$	0.8	$	(0.4)	$	78.4	$	78.4	$	70.1	$	0.1	$	(0.6)	$	69.6	$	69.6
Trading securities	13.5		19.0		—		32.5		32.5		13.5		14.6		—		28.1		28.1
TOTAL INVESTMENTS	$	91.5	$	19.8	$	(0.4)	$	110.9	$	110.9	$	83.6	$	14.7	$	(0.6)	$	97.7	$	97.7

Schedule of Contractual Maturities of Available-For-Sale Investments

Contractual maturities of our investments in available-for-sale securities at December 31, 2025 were as follows (in millions):


	Amortized Cost		Fair Value
Available-for-sale securities
Due within 1 year	$	12.5	$	12.5
After 1 year but within 5 years	51.7		52.4
After 5 years but within 10 years	5.8		5.9
Due after 10 years	8.0		7.6
TOTAL	$	78.0	$	78.4

Revenue

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

Revenue

The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which generally occurs, for products, upon the transfer of control in accordance with the contractual terms and conditions of the sale. Approximately two-thirds of the Company’s Net sales are to distributors who then sell directly into our end markets. Within the Utility Solutions segment, our businesses sell to distributors, with the majority of sales to the utility end markets and also directly into transmission and distribution utility markets. The majority of the Company’s revenue associated with products is recognized at a point in time when the product is shipped to the customer, with a relatively small amount of transactions, primarily in the Utility Solutions segment, recognized upon delivery of the product at the destination.

The Company also has performance obligations, primarily within the Utility Solutions segment, that are recognized over time due to the customized nature of the product and the Company’s enforceable right to receive payment for work performed to date in the event of a cancellation. The Company uses an input measure to determine the extent of progress towards completion of the performance obligation, which the Company believes best depicts the transfer of control to the customer. Under this method, revenue recognition is primarily based upon the ratio of costs incurred to date compared with estimated total costs to complete.

Revenue from service contracts and post-shipment performance obligations is recognized when or as those obligations are satisfied. The Company primarily offers assurance-type standard warranties that do not represent separate performance obligations and on occasion will separately offer and price extended warranties that are separate performance obligations for which the associated revenue is recognized over-time based on the extended warranty period. The Company records amounts billed to customers for reimbursement of shipping and handling costs within revenue. Shipping and handling costs associated with outbound freight after control over a product has transferred to a customer are accounted for as fulfillment costs and are included in cost of goods sold. Sales taxes and other usage-based taxes are excluded from revenue.

Certain businesses require a portion of the transaction price to be paid in advance of transfer of control. Advance payments are not considered a significant financing component as they are received less than one year before the related performance obligations are satisfied. In addition, in the Utility Solutions segment, certain businesses offer annual maintenance service contracts that require payment at the beginning of the contract period. These payments are treated as a contract liability and are classified in Other accrued liabilities in the Consolidated Balance Sheets. Once control transfers to the customer and the Company meets the revenue recognition criteria, the deferred revenue is recognized in the Consolidated Statements of Income. The deferred revenue relating to the annual maintenance service contracts is recognized in the Consolidated Statements of Income on a straight-line basis over the expected term of the contract.


	Twelve Months Ended December 31,
(in millions)	2025		2024		2023
Net sales
Grid Infrastructure	$	2,748.2	$	2,531.3	$	2,259.2
Grid Automation	924.1		1,069.4		1,002.5
Total Utility Solutions	$	3,672.3	$	3,600.7	$	3,261.7
Electrical Products	$	885.2	$	835.3	$	823.0
Industrial	1,287.1		1,171.3		1,101.1
Retail and Builder	—		21.2		187.1
Total Electrical Solutions	$	2,172.3	$	2,027.8	$	2,111.2
TOTAL	$	5,844.6	$	5,628.5	$	5,372.9


	Twelve Months Ended December 31,
(in millions)	2025		2024		2023
Net sales
United States	$	3,518.9	$	3,428.2	$	3,090.7
International	153.4		172.5		171.0
Total Utility Solutions	$	3,672.3	$	3,600.7	$	3,261.7
United States	$	1,892.4	$	1,731.1	$	1,831.7
International	279.9		296.7		279.5
Total Electrical Solutions	$	2,172.3	$	2,027.8	$	2,111.2
TOTAL	$	5,844.6	$	5,628.5	$	5,372.9

Contract Balances

Our contract liabilities consist of advance payments for products as well as deferred revenue on service obligations and extended warranties. The current portion of deferred revenue is included in Other accrued liabilities and the non-current portion of deferred revenue is included in Other non-current liabilities in the Consolidated Balance Sheet.

Contract liabilities were $174.6 million as of December 31, 2025 compared to $148.0 million as of December 31, 2024. The $26.6 million increase in our contract liabilities balance was primarily due to a $115.6 million net increase in current year deferrals primarily due to timing of advance payments on certain orders, partially offset by the recognition of $89.0 million in revenue related to amounts that were recorded in contract liabilities at January 1, 2025. The ending balance of contract assets was $48.2 million and $38.0 million as of December 31, 2025, and December 31, 2024, respectively, which primarily relates to performance obligations satisfied prior to payment for Systems Control that are recorded in Other current assets in the Consolidated Balance Sheets. Credit losses recognized on our receivables and contract assets were immaterial in the twelve months ended December 31, 2025. See Note 1 – Significant Accounting Policies in the Notes to Consolidated Financial Statements for additional information.

Unsatisfied Performance Obligations

The Company has elected the practical expedient to disclose only the value of unsatisfied performance obligations for contracts with an original expected length greater than one year. As of December 31, 2025, the Company had approximately $20 million of unsatisfied performance obligations for contracts with an original expected length of greater than one year, primarily relating to long-term contracts of the Aclara business (within the Utility Solutions segment) to deliver and install meters, metering communications and grid monitoring sensor technology. The Company expects that substantially all of the unsatisfied performance obligations will be completed and recognized over the next 2 years.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-15

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
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-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
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-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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+ Details

Consolidated Statement of Changes in Equity - USD ($)
$ in Millions

Total

Common Stock

Additional Paid-in Capital

Retained Earnings

Accumulated Other Comprehensive Income (Loss)

Total Hubbell Shareholders’ Equity

Non- controlling interest

Beginning of period at Dec. 31, 2022

$ 0.6

$ 0.0

$ 2,840.6

$ (345.2)

$ 2,496.0

$ 9.7

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Net income

$ 757.6

751.4

6.2

Other comprehensive (loss) income

32.8

Stock-based compensation

26.9

Acquisition and surrender of common shares

^[1]

(21.4)

(36.6)

(58.0)

Cash dividends declared

(246.0)

Dividends to noncontrolling interest

0.0

(3.6)

Directors deferred compensation

0.6

End of period at Dec. 31, 2023

0.6

6.1

3,309.4

(312.4)

3,003.7

12.3

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Net income

784.7

779.0

5.7

Other comprehensive (loss) income

(74.1)

Stock-based compensation

30.6

Acquisition and surrender of common shares

^[1]

(34.8)

(41.1)

(75.9)

Cash dividends declared

(267.8)

Dividends to noncontrolling interest

0.0

(3.6)

Directors deferred compensation

0.7

End of period at Dec. 31, 2024

3,410.6

0.6

2.6

3,779.5

(386.5)

3,396.2

14.4

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Net income

891.9

887.1

4.8

Other comprehensive (loss) income

71.7

Stock-based compensation

33.0

Acquisition and surrender of common shares

^[1]

(28.4)

(223.9)

(252.3)

Cash dividends declared

(287.0)

Dividends to noncontrolling interest

0.0

(9.2)

Directors deferred compensation

(0.8)

End of period at Dec. 31, 2025

$ 3,857.9

$ 0.6

$ 6.4

$ 4,155.7

$ (314.8)

$ 3,847.9

$ 10.0

[1]

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

- Definition

Amount of equity (deficit) attributable to parent and noncontrolling interest. Excludes temporary equity.

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+ Details

Goodwill and Other Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Goodwill [Roll Forward]
Goodwill, beginning of period	$ 2,500.8	$ 2,533.4
Prior year acquisitions		(9.0)
Current year dispositions	(0.3)
Current year acquisitions	539.2
Foreign currency translation	21.1	(23.6)
Goodwill, end of period	3,060.8	2,500.8
Utility Solutions
Goodwill [Roll Forward]
Goodwill, beginning of period	1,868.4	1,897.5
Prior year acquisitions		(9.0)
Current year dispositions	0.0
Current year acquisitions	499.2
Foreign currency translation	16.4	(20.1)
Goodwill, end of period	2,384.0	1,868.4
Electrical Solutions
Goodwill [Roll Forward]
Goodwill, beginning of period	632.4	635.9
Prior year acquisitions		0.0
Current year dispositions	(0.3)
Current year acquisitions	40.0
Foreign currency translation	4.7	(3.5)
Goodwill, end of period	$ 676.8	$ 632.4

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

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Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(10)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479581/805-30-50-4

+ Details

Retirement Benefits

12 Months Ended

Dec. 31, 2025

Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]

Retirement Benefits

The Company has funded and unfunded non-contributory U.S. and foreign defined benefit pension plans. Benefits under these plans are generally provided based on either years of service and final average pay or a specified dollar amount per year of service. The U.S. defined benefit pension plan has been closed to new participants since 2004, while the Canadian and UK defined benefit pension plans have been closed to new entrants since 2006 and 2007, respectively. These U.S., Canadian and UK employees are eligible instead for defined contribution plans.

The Company also has a number of health care and life insurance benefit plans covering eligible employees who reached retirement age while working for the Company. These benefits have been discontinued for substantially all future retirees. The Company anticipates future cost-sharing charges for its discontinued plans that are consistent with past practices. The Company uses a December 31 measurement date for all of its plans.

The Company’s U.S. defined benefit pension plans were approximately 89% of the $636.2 million total pension benefit obligations at December 31, 2025.


	Pension Benefits				Other Benefits
	2025		2024		2025		2024
Change in benefit obligation
Benefit obligation at beginning of year	$	657.1	$	674.9	$	14.2	$	16.1

Service cost	0.5		0.6		—		—
Interest cost	35.2		33.4		0.7		0.8
Plan participants’ contributions	—		—		—		—
Amendments	—		—		—		—
Actuarial (gain)/loss	(0.6)		5.4		(1.4)		(1.8)
Currency impact	4.4		(1.8)		—		—
Other	—		—		—		—
Benefits paid	(60.4)		(55.4)		(0.7)		(0.9)
Benefit obligation at end of year	$	636.2	$	657.1	$	12.8	$	14.2
Change in plan assets
Fair value of plan assets at beginning of year	$	499.0	$	543.1	$	—	$	—
Actual return on plan assets	44.8		5.2		—		—
Employer contributions	48.8		8.2		0.7		0.9
Plan participants’ contributions	—		—		—		—
Currency impact	4.5		(2.1)		—		—
Benefits paid	(60.4)		(55.4)		(0.7)		(0.9)
Fair value of plan assets at end of year	536.7		499.0		—		—
FUNDED STATUS	$	(99.5)	$	(158.1)	$	(12.8)	$	(14.2)
Amounts recognized in the consolidated balance sheet consist of:
Prepaid pensions (included in Other long-term assets)	$	23.8	$	15.5	$	—	$	—
Accrued benefit liability (short-term and long-term)	(123.3)		(173.6)		(12.8)		(14.2)
NET AMOUNT RECOGNIZED IN THE CONSOLIDATED BALANCE SHEET	$	(99.5)	$	(158.1)	$	(12.8)	$	(14.2)
Amounts recognized in Accumulated other comprehensive loss (income) consist of:
Net actuarial loss (gain)	$	226.1	$	251.6	$	(6.9)	$	(6.1)
Prior service cost	5.3		5.6		—		—

NET AMOUNT RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE LOSS	$	231.4	$	257.2	$	(6.9)	$	(6.1)

The accumulated benefit obligation for all defined benefit pension plans was $636.2 million and $657.1 million at December 31, 2025 and 2024, respectively. Information with respect to plans with accumulated benefit obligations in excess of plan assets is as follows, (in millions):


	2025		2024
Projected benefit obligation	$	450.1	$	468.8
Accumulated benefit obligation	$	450.1	$	468.8
Fair value of plan assets	$	326.8	$	295.2

The following table sets forth the components of pension and other benefit costs for the years ended December 31, (in millions):


	Pension Benefits						Other Benefits
	2025		2024		2023		2025		2024		2023
Components of net periodic benefit cost:
Service cost	$	0.5	$	0.6	$	0.6	$	—	$	—	$	—
Interest cost	35.2		33.4		35.2		0.7		0.8		0.8
Expected return on plan assets	(28.6)		(30.8)		(28.1)		—		—		—
Amortization of prior service cost	0.4		0.4		0.4		—		—		—
Amortization of actuarial losses (gains)	11.3		9.9		10.4		(0.6)		(0.4)		(0.5)
Curtailment and settlement losses	—		—		—		—		—		—
Net periodic benefit cost	$	18.8	$	13.5	$	18.5	$	0.1	$	0.4	$	0.3
Changes recognized in other comprehensive loss (income), before tax:
Current year net actuarial (gain) loss	$	(16.7)	$	31.0	$	(4.6)	$	(1.4)	$	(1.8)	$	0.3
Current year prior service credit	—		—		—		—		—		—
Amortization of prior service (cost)	(0.4)		(0.4)		(0.4)		—		—		—
Amortization of net actuarial (losses) gains	(11.3)		(9.9)		(10.4)		0.6		0.4		0.6
Currency impact	2.6		(0.5)		1.8		—		—		—
Settlement adjustment	—		—		—		—		—		—
Curtailment adjustments	—		—		—		—		—		—
Total recognized in other comprehensive loss	(25.8)		20.2		(13.6)		(0.8)		(1.4)		0.9
TOTAL RECOGNIZED IN NET PERIODIC PENSION COST AND OTHER COMPREHENSIVE LOSS	$	(7.0)	$	33.7	$	4.9	$	(0.7)	$	(1.0)	$	1.2

The Company also maintains four primary defined contribution pension plans. The total cost of the Company’s defined contribution plans was $35.2 million in 2025, $36.7 million in 2024 and $32.3 million in 2023, excluding the employer match for the 401(k) plan. This cost is not included in the above net periodic benefit cost for the defined benefit pension plans.

As of December 31, 2025 the Company was not an active participant in any multi-employer pension plans.

Assumptions

The following assumptions were used to determine the projected benefit obligations at the measurement date and the net periodic benefit cost for the year:


	Pension Benefits						Other Benefits
	2025		2024		2023		2025		2024		2023
Weighted-average assumptions used to determine benefit obligations at December 31,
Discount rate	5.49	%	5.58	%	5.16	%	5.50	%	5.60	%	5.20	%
Rate of compensation increase	0.08	%	0.08	%	0.08	%	5.00	%	5.00	%	5.00	%
Weighted-average assumptions used to determine net periodic benefit cost for years ended December 31,
Discount rate	5.58	%	5.16	%	5.46	%	5.60	%	5.20	%	5.50	%
Expected return on plan assets	5.75	%	5.93	%	5.68	%	N/A		N/A		N/A
Rate of compensation increase	0.08	%	0.08	%	0.08	%	5.00	%	5.00	%	3.93	%

At the end of each year, the Company determines the appropriate expected return on assets for each plan based upon its strategic asset allocation (see discussion below). In making this determination, the Company utilizes expected returns for each asset class based upon current market conditions and expected risk premiums for each asset class.

The Company also determines the discount rate to be used to calculate the present value of pension plan liabilities at the end of each year. The discount rate for the Company’s U.S. and Canadian pension plans is determined by matching the expected cash flows associated with its benefit obligations to the expected cash flows of a hypothetical portfolio of high quality, fixed income debt instruments with maturities that closely match the expected funding period of its pension liabilities. As of December 31, 2025, the Company used a discount rate of 5.50% for its U.S. pension plans compared to a discount rate of 5.60% used in 2024. For its Canadian pension plan, the Company used a discount rate of 4.86% as of December 31, 2025 compared to a 4.58% discount rate used in 2024.

For its UK pension plan, the discount rate was derived using a full yield curve and uses plan specific cash flows. The derived discount rate is the single discount rate equivalent to discounting these liability cash flows at the term-dependent spot rate of AA corporate bonds. This methodology resulted in a December 31, 2025 discount rate for the UK pension plan of 5.55% as compared to a discount rate of 5.60% used in 2024.

In 2025, 2024 and 2023, we used the Pri-2012 mortality table and the MP-2021 projection scale from 2012 to calculate the present value of our pension plan liabilities in the U.S. In 2024, the Pri-2012 mortality table was adjusted to reflect plan specific geospatial characteristics as appropriate. The plan specific adjusted Pri-2012 mortality table with generational projection from 2012 using Scale MP-2021 was chosen as the best estimate based on the observed and anticipated experience of the plans after considering alternative tables.

The rate of compensation increase assumption reflects the Company’s actual experience and best estimate of future increases.

The assumed health care cost trend rates used to determine the projected postretirement benefit obligation are as follows:


	Other Benefits
	2025		2024		2023
Assumed health care cost trend rates at December 31,
Health care cost trend assumed for next year	7.5	%	6.8	%	6.8	%
Rate to which the cost trend is assumed to decline	5.0	%	5.0	%	5.0	%
Year that the rate reaches the ultimate trend rate	2036		2031		2031

Plan Assets


	Percentage of Plan Assets
	Target		Actual
Asset Category	2026		2025		2024
Equity securities	20	%	20	%	21	%
Debt securities & Cash	80	%	80	%	79	%
Alternative Investments	—	%	—	%	—	%
TOTAL	100	%	100	%	100	%

At the end of each year, the Company estimates the expected long-term rate of return on pension plan assets based on the strategic asset allocation for its plans. In making this determination, the Company utilizes expected rates of return for each asset class based upon current market conditions and expected risk premiums for each asset class. The Company has written investment policies and asset allocation guidelines for its domestic and foreign pension plans. In establishing these policies, the Company has considered that its various pension plans are a major retirement vehicle for most plan participants and has acted to discharge its fiduciary responsibilities with regard to the plans solely in the interest of such participants and their beneficiaries. The goal underlying the establishment of the investment policies is to provide that pension assets shall be invested in a prudent manner and so that, together with the expected contributions to the plans, the funds will be sufficient to meet the obligations of the plans as they become due.

To achieve this result, the Company conducts a periodic strategic asset allocation study to form a basis for the allocation of pension assets between various asset categories. Specific policy benchmark percentages are assigned to each asset category with minimum and maximum ranges established for each. The assets are then tactically managed within these ranges. Derivative investments include futures contracts used by the plan to adjust the level of its investments within an asset allocation category. The actual and target percentages reported in the preceding table reflect the economic exposure to each asset category, including the impact of derivative positions. All futures contracts are 100% supported by cash or cash equivalent investments. At no time may derivatives be utilized to leverage the asset portfolio. At December 31, 2025 and 2024, there were no holdings of Company stock in pension plan assets.

The Company’s other post-employment benefits are unfunded; therefore, no asset information is reported.

The fair value of the Company’s pension plan assets at December 31, 2025 and 2024, by asset category are as follows (in millions):


			Quoted Prices in Active Markets for Identical Assets		Quoted Prices in Active Market for Similar Asset		Significant Unobservable Inputs		Investments Priced Using Net Asset Value
Asset Category	Total		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	25.4	$	21.2	$	4.2	$	—	$	—
Equity securities:


Equity Mutual Funds	16.8		16.8		—		—		—
Common Pooled Equity Funds (a)	86.7		—		86.7		—		—

Fixed Income Securities:
U.S. Treasuries	44.3		—		44.3		—		—
State and Local Municipal Bonds	8.1		—		8.1		—		—
Sovereign Debt	6.9		—		6.9		—		—
Corporate Bonds (b)	133.7		—		133.7		—		—
Fixed Income Mutual Funds	16.3		16.3		—		—		—
Common Pooled Fixed Income Funds (c)	193.5		—		193.5		—		—



Asset Backed Securities	2.6		—		2.6		—		—
Alternative Investment Funds	0.4		—		—		—		0.4
Common Pooled Funds (d)	2.0		0.4		1.6		—		—
BALANCE AT DECEMBER 31, 2025	$	536.7	$	54.7	$	481.6	$	—	$	0.4


			Quoted Prices in Active Markets for Identical Assets		Quoted Prices in Active Market for Similar Asset		Significant Unobservable Inputs		Investments Priced Using Net Asset Value
Asset Category	Total		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents	$	3.0	$	1.1	$	1.9	$	—	$	—
Equity securities:
Equity Mutual Funds	14.7		14.7		—		—		—



Common Pooled Equity Funds (a)	87.6		—		87.6		—		—
Fixed Income Securities:
U.S. Treasuries	41.3		—		41.3		—		—
State and Local Municipal Bonds	7.6		—		7.6		—		—
Sovereign Debt	8.7		—		8.7		—		—
Corporate Bonds (b)	131.1		—		131.1		—		—
Fixed Income Mutual Funds	15.7		15.7		—		—		—
Common Pooled Fixed Income Funds (c)	186.8		—		186.8		—		—



Asset Backed Securities	—		—		—		—		—
Alternative Investment Funds	0.5		—		—		—		0.5
Common Pooled Funds (d)	2.0		0.4		1.6		—		—
BALANCE AT DECEMBER 31, 2024	$	499.0	$	31.9	$	466.6	$	—	$	0.5

(a)Investments in Common Pooled Equity Funds, including funds and fund products investing in various equity securities.

(b)Includes primarily investment grade bonds from diverse industries.

(c)Investments in Common Pooled Fixed Income Funds, including funds and fund products investing in various fixed income investments.

(d)Investments in Common Pooled Funds, consisting of equities and fixed income securities.

Contributions

The Company contributed $1.3 million to its foreign qualified plans in 2024 and $40.0 million to its U.S. qualified plans and $1.4 million to its foreign qualified plans in 2025.

Estimated Future Benefit Payments

The following domestic and foreign benefit payments, which reflect future service, as appropriate, are expected to be paid as follows (in millions):


	Pension Benefits		Other Benefits
2026	$	54.5	$	2.6
2027	$	53.9	$	1.1
2028	$	53.3	$	1.1
2029	$	52.7	$	1.0
2030	$	51.9	$	1.0
2031-2035	$	244.8	$	4.3

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
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-Section 50
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-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480266/715-60-50-3

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480126/715-20-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
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Reference 7: http://www.xbrl.org/2003/role/exampleRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

+ Details

Inventories (Tables)

12 Months Ended

Dec. 31, 2025

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories are classified as follows at December 31, (in millions):


	2025		2024
Raw material	$	455.0	$	409.9
Work-in-process	227.5		218.5
Finished goods	401.3		382.0


INVENTORIES, NET	$	1,083.8	$	1,010.4

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant, and Equipment

Property, plant, and equipment, carried at cost, is summarized as follows at December 31, (in millions):


	2025		2024
Land	$	37.9	$	34.8
Buildings and improvements	291.5		269.6
Machinery, tools, and equipment	1,225.8		1,089.8
Construction-in-progress	121.7		135.7
Gross property, plant, and equipment	1,676.9		1,529.9
Less accumulated depreciation	(835.7)		(803.3)
PROPERTY, PLANT, AND EQUIPMENT, NET	$	841.2	$	726.6

Business Acquisitions and Dispositions - Schedule of Business Acquisition, Pro Forma Information, Nonrecurring Adjustments (Details) - 2023 Acquisitions $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares
Business Combination, Pro Forma Information [Line Items]
Transaction costs incurred \| $	$ 11.2
Transaction costs incurred (in dollars per share) \| $ / shares	$ 0.21
Intangible amortization and inventory step up \| $	$ (20.7)
Intangible amortization and inventory step up (in dollars per share) \| $ / shares	$ (0.38)
Interest expense \| $	$ 1.2
Interest expense (in dollars per share) \| $ / shares	$ 0.02

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Retirement Benefits - Schedule of Estimated Future Benefit Payments (Details) $ in Millions	Dec. 31, 2025 USD ($)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
2026	$ 54.5
2027	53.9
2028	53.3
2029	52.7
2030	51.9
2031-2035	244.8
Other Benefits
Defined Benefit Plan Disclosure [Line Items]
2026	2.6
2027	1.1
2028	1.1
2029	1.0
2030	1.0
2031-2035	$ 4.3

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Topic 715
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (c)(iv)(02)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (c)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-7

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (m)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

+ Details

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Statement of Financial Position [Abstract]
Accounts receivable, allowances	$ 13.9	$ 11.3
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	200,000,000	200,000,000
Common stock, shares, outstanding (in shares)	53,253,805	53,759,976
Common Stock Shares Issued Not Disclosed	true	true

Income Taxes - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Tax Credit Carryforward [Line Items]
Income tax credits	$ 10.4	$ 23.9
Loss carryforwards	11.1
Valuation allowance	19.7	34.1
Unrecognized tax benefits that would impact effective tax rate	52.1
Unrecognized tax benefits timing of deductibility unknown	0.5
Unrecognized tax benefits, income tax penalties and interest expense	0.9	0.7	$ 1.2
Unrecognized tax benefits, income tax penalties and interest accrued	9.5	$ 8.6
Tax Credit Carryforward Indefinitely
Tax Credit Carryforward [Line Items]
Income tax credits	1.9
Loss carryforwards	5.2
Carryforward Subject To Expiration
Tax Credit Carryforward [Line Items]
Income tax credits	8.5
Loss carryforwards	$ 5.9

Guarantees

12 Months Ended

Dec. 31, 2025

Standard Product Warranty Disclosure [Abstract]

Guarantees

The Company records a liability equal to the fair value of guarantees in the Consolidated Balance Sheet in accordance with the accounting guidance for guarantees. When it is probable that a liability has been incurred and the amount can be reasonably estimated, the Company accrues for costs associated with guarantees. The most likely costs to be incurred are accrued based on an evaluation of currently available facts and, where no amount within a range of estimates is more likely, the minimum is accrued.

As of December 31, 2025, the fair value and maximum potential payment related to the Company’s guarantees were not material.

Changes in the accrual for product warranties for the two years ended December 31 are set forth below (in millions):


BALANCE AT DECEMBER 31, 2023	$	39.2
Provision	12.8
Expenditures/other	(10.3)

BALANCE AT DECEMBER 31, 2024	$	41.7
Provision	10.4
Expenditures/other	(18.1)

BALANCE AT DECEMBER 31, 2025(a)	$	34.0

(a) Refer to Note 9 – Other Accrued Liabilities and Note 10 – Other Non-Current Liabilities for a breakout of short-term and long-term warranties.

Stock-Based Compensation - Schedule of Weighted-Average Assumptions Used in Estimating the Fair Value of SARs (Details) - Stock Appreciation Rights SARS - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Dividend Yield	1.20%	1.50%	1.80%
Expected Volatility	24.20%	25.70%	28.00%
Risk Free Interest Rate	4.40%	4.00%	3.70%
Expected Term	4 years 9 months 18 days	4 years 9 months 18 days	4 years 10 months 24 days
Weighted Avg. Grant Date Fair Value of 1 SAR (USD per share)	$ 100.15	$ 88.17	$ 62.79

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of Amounts Recognized for Leases

Amounts recognized for operating leases in the Consolidated Balance Sheets are as follows (in millions):


	December 31, 2025		December 31, 2024
Operating lease right-of-use assets	$	155.5	$	146.2
TOTAL ASSETS	$	155.5	$	146.2

Other accrued liabilities	$	40.7	$	34.2
Other non-current liabilities	121.2		117.3
TOTAL LIABILITIES	$	161.9	$	151.5

Schedule of Maturities of lease liabilities

Future maturities of our operating lease liabilities as of December 31, 2025 are as follows (in millions):


	2026	2027	2028	2029	2030	Thereafter	Total Payments	Imputed Interest	Total
Operating Leases	$46.6	41.1	33.9	22.8	12.7	21.2	178.3	(16.4)	$161.9

Income Taxes - Schedule of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Unrecognized Tax Benefits [Roll Forward]
Unrecognized tax benefits at beginning of year	$ 48.2	$ 47.0	$ 42.1
Additions based on tax positions relating to the current year	13.9	10.0	10.4
Reductions based on expiration of statute of limitations	(5.6)	(7.2)	(7.6)
Additions to tax positions relating to previous years	2.6		2.8
Subtractions to tax positions relating to previous years		(0.4)
Settlements	(0.2)	(1.2)	(0.7)
TOTAL UNRECOGNIZED TAX BENEFITS	$ 58.9	$ 48.2	$ 47.0

Industry Segments and Geographic Area Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Industry Segment Data

INDUSTRY SEGMENT DATA


	2025			2024			2023
Net Sales:
Utility Solutions	$	3,672.3		$	3,600.7		$	3,261.7
Electrical Solutions	2,172.3			2,027.8			2,111.2
TOTAL NET SALES	$	5,844.6		$	5,628.5		$	5,372.9
Cost of Goods Sold:
Utility Solutions	$	2,396.3		$	2,418.4		$	2,129.8
Electrical Solutions	1,384.2			1,304.5			1,366.1
Total Cost of Goods Sold	$	3,780.5		$	3,722.9		$	3,495.9
Gross Profit:
Utility Solutions	$	1,276.0		$	1,182.3		$	1,131.9
Electrical Solutions	788.1			723.3			745.1
Total Gross Profit	$	2,064.1		$	1,905.6		$	1,877.0
Selling and Administrative Expenses:
Utility Solutions	$	486.1		$	450.5		$	433.5
Electrical Solutions	369.2			362.0			416.1
Total Selling and Administrative Expenses	$	855.3		$	812.5		$	849.6
Operating Income:
Utility Solutions	$	789.9		$	731.8		$	698.4
Electrical Solutions	418.9			361.3			329.0
Total Operating Income	$	1,208.8		$	1,093.1		$	1,027.4
Loss on disposition of business (Note 3)	(0.4)			(5.3)			—
Interest expense, net	(64.1)			(73.8)			(36.7)
Other expense, net	(25.2)			(7.2)			(18.5)
INCOME BEFORE INCOME TAXES	$	1,119.1		$	1,006.8		$	972.2
Operating Income as a % of Net Sales
Utility Solutions	21.5		%	20.3		%	21.4		%
Electrical Solutions	19.3		%	17.8		%	15.6		%
Total Operating Income as % of Net Sales	20.7		%	19.4		%	19.1		%


	2025		2024		2023
Assets:
Utility Solutions	$	5,603.8	$	4,569.1	$	4,690.1
Electrical Solutions	2,238.8		1,943.4		2,001.1
General Corporate	386.2		335.2		389.9
TOTAL ASSETS	$	8,228.8	$	6,847.7	$	7,081.1
Capital Expenditures:
Utility Solutions	$	81.3	$	103.6	$	99.5
Electrical Solutions	73.8		76.8		66.2
TOTAL CAPITAL EXPENDITURES	$	155.1	$	180.4	$	165.7
Depreciation and Amortization:
Utility Solutions	$	151.8	$	164.5	$	103.4
Electrical Solutions	54.3		47.6		46.3
TOTAL DEPRECIATION AND AMORTIZATION	$	206.1	$	212.1	$	149.7

Schedule of Geographic Area Data

GEOGRAPHIC AREA DATA


	2025		2024		2023
Net Sales:
United States	$	5,411.3	$	5,159.3	$	4,922.4
International	433.3		469.2		450.5
TOTAL NET SALES	$	5,844.6	$	5,628.5	$	5,372.9
Operating Income:
United States	$	1,123.6	$	1,008.6	$	925.9
International	85.2		84.5		101.5
TOTAL OPERATING INCOME	$	1,208.8	$	1,093.1	$	1,027.4
Long-lived Assets:
United States	$	5,122.9	$	4,128.9	$	4,250.7
International	486.1		457.3		488.8
TOTAL LONG-LIVED ASSETS	$	5,609.0	$	4,586.2	$	4,739.5

Other Non-Current Liabilities

12 Months Ended

Dec. 31, 2025

Other Liabilities, Noncurrent [Abstract]

Other Non-Current Liabilities

Other non-current liabilities consist of the following at December 31, (in millions):


	2025		2024
Pensions	$	117.4	$	167.1
Other post-employment benefits	10.3		12.9
Deferred tax liabilities	420.1		277.1
Accrued warranties long-term(1)	18.8		21.1
Non-current operating lease liabilities	121.2		117.3
Other	138.1		124.7
TOTAL	$	825.9	$	720.2

(1) Refer to Note 21 – Guarantees for additional information regarding warranties.

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Loss

A summary of the changes in Accumulated other comprehensive loss (net of tax) for the three years ended December 31, 2025 is provided below (in millions):


(Debit) credit	Cash Flow Hedge (Loss) Gain		Unrealized Gain (Loss) on Available-for-Sale Securities		Pension and Post Retirement Benefit Plan Adjustment		Cumulative Translation Adjustment		Total
BALANCE AT DECEMBER 31, 2022	$	0.6	$	(0.8)	$	(188.6)	$	(156.4)	$	(345.2)
Other comprehensive income (loss) before reclassifications	(0.3)		0.6		2.5		22.9		25.7
Amounts reclassified from accumulated other comprehensive loss	(0.6)		—		7.7		—		7.1
Current period other comprehensive income (loss)	(0.9)		0.6		10.2		22.9		32.8
BALANCE AT DECEMBER 31, 2023	$	(0.3)	$	(0.2)	$	(178.4)	$	(133.5)	$	(312.4)
Other comprehensive income (loss) before reclassifications	1.8		(0.1)		(22.5)		(60.3)		(81.1)
Amounts reclassified from accumulated other comprehensive loss	(0.5)		—		7.5		—		7.0
Current period other comprehensive income (loss)	1.3		(0.1)		(15.0)		(60.3)		(74.1)

BALANCE AT DECEMBER 31, 2024	$	1.0	$	(0.3)	$	(193.4)	$	(193.8)	$	(386.5)
Other comprehensive income (loss) before reclassifications	(0.9)		0.7		15.0		48.7		63.5
Amounts reclassified from accumulated other comprehensive loss	(0.4)		—		8.6		—		8.2
Current period other comprehensive income (loss)	(1.3)		0.7		23.6		48.7		71.7
BALANCE AT DECEMBER 31, 2025	$	(0.3)	$	0.4	$	(169.8)	$	(145.1)	$	(314.8)

Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss

A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the two years ended December 31 is provided below (in millions):


Details about Accumulated Other Comprehensive Loss Components	2025			2024			Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
Forward exchange contracts	$	0.7		$	0.6		Cost of goods sold
	0.7			0.6			Total before tax
	(0.3)			(0.1)			Tax (expense)
	$	0.4		$	0.5		Gain net of tax
Amortization of defined benefit pension and post retirement benefit items:
Prior-service credits	$	(0.4)	(a)	$	(0.4)	(a)
Actuarial gains/(losses)	(10.7)		(a)	(9.5)		(a)

	(11.1)			(9.9)			Total before tax
	2.5			2.4			Tax benefit
	$	(8.6)		$	(7.5)		(Loss) net of tax









Gains (losses) reclassified into earnings	$	(8.2)		$	(7.0)		(Loss) net of tax

(a)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 11 — Retirement Benefits for additional details).

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
Cybersecurity Risk Management and Strategy Disclosure	Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Hubbell recognizes the importance of maintaining cybersecurity measures to safeguard our information systems and protect the confidentiality, integrity, and availability of our data, networks and technology assets. Cybersecurity related risks are included in the risk universe that our enterprise risk management program evaluates to assess top risks to the enterprise on an annual basis. To the extent the enterprise risk management process identifies a heightened cybersecurity-related risk, risk owners are assigned to develop mitigation plans, which are then tracked to completion. Cybersecurity related risks are also considered as part of our business continuity and resiliency planning. Business continuity plans establish risk management processes and procedures to mitigate interruptions to business activities, including from cybersecurity incidents. Given the complexity and evolving nature of the cybersecurity threat landscape, Hubbell has a dedicated team of internal and external cybersecurity professionals, led by Hubbell’s Chief Information Security Officer (“CISO”), that regularly monitor alerts and meet to discuss threat levels, trends, and remediation. We engage a range of external experts, including cybersecurity assessors, consultants, and auditors in evaluating and testing our cybersecurity program. The engagement of third parties includes regular audits, threat assessments, and information system penetration tests. We also actively engage with key vendors, industry participants, legal counsel, and intelligence and law enforcement communities as part of our continuing efforts to evaluate and enhance the effectiveness of our cybersecurity policies and procedures. Hubbell further recognizes risks associated with the use of third-party service providers and has processes to identify material risks related to third parties. We conduct security assessments of third-party providers prior to their engagement and perform ongoing monitoring to ensure compliance with our cybersecurity standards. Our monitoring includes periodic assessments by the CISO and a team of cybersecurity professionals. Our cybersecurity risk management program is aligned to the National Institute of Standards and Technology Cyber Security Framework (NIST CSF). We have not encountered any risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, that have materially affected or are reasonably likely to affect our business strategy, results of operations or financial condition. Notwithstanding the extensive approach we take to cybersecurity, we may not be successful in preventing or mitigating a cybersecurity incident that could have a material adverse effect on us. See Item IA. Risk Factors for potential risks related to our information technology systems that we are subject to and that may materially adversely affect our business (“We are subject to risks surrounding our information technology systems and industrial controls systems failures, and the use of emerging technologies, including artificial intelligence, as well as, network disruptions, breaches in data security and compliance with data privacy laws or regulations.”).
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Hubbell recognizes the importance of maintaining cybersecurity measures to safeguard our information systems and protect the confidentiality, integrity, and availability of our data, networks and technology assets. Cybersecurity related risks are included in the risk universe that our enterprise risk management program evaluates to assess top risks to the enterprise on an annual basis. To the extent the enterprise risk management process identifies a heightened cybersecurity-related risk, risk owners are assigned to develop mitigation plans, which are then tracked to completion. Cybersecurity related risks are also considered as part of our business continuity and resiliency planning. Business continuity plans establish risk management processes and procedures to mitigate interruptions to business activities, including from cybersecurity incidents.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Hubbell’s Board of Directors (the “Board”) recognizes the critical nature of managing risks associated with cybersecurity threats. The Audit Committee of the Board has been delegated oversight of risks associated with cybersecurity threats and has developed mechanisms to ensure effective oversight in managing such cybersecurity risks. The Audit Committee is composed of Board members with diverse expertise, including cybersecurity and technology, financial, and risk management experience.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Hubbell’s cybersecurity program is managed by a dedicated CISO who has over a decade of information technology and program management experience.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	The CISO provides regular (but not less than quarterly) updates to the Audit Committee. These updates include a broad range of topics, including the current cybersecurity and emerging threat landscape, the status of ongoing cybersecurity initiatives and strategies, incident reports, and the results of internal and external assessments of our information systems. The CISO, in his capacity, regularly informs our Chairman, President and Chief Executive Officer; SVP, Chief Financial Officer; and SVP, General Counsel and Secretary on aspects related to cybersecurity risks and incidents. This ensures that the highest levels of management, including the Company’s Disclosure Committee, are made aware of Hubbell’s cybersecurity posture and potential cybersecurity risks. Furthermore, any material cybersecurity matters, and strategic cybersecurity risk management matters are promptly escalated to the Audit Committee of the Board.
Cybersecurity Risk Role of Management [Text Block]	Hubbell’s Board of Directors (the “Board”) recognizes the critical nature of managing risks associated with cybersecurity threats. The Audit Committee of the Board has been delegated oversight of risks associated with cybersecurity threats and has developed mechanisms to ensure effective oversight in managing such cybersecurity risks. The Audit Committee is composed of Board members with diverse expertise, including cybersecurity and technology, financial, and risk management experience. Hubbell’s cybersecurity program is managed by a dedicated CISO who has over a decade of information technology and program management experience. The CISO is responsible for leading our enterprise-wide cybersecurity program and assessing, monitoring, and managing our cybersecurity risks. These responsibilities include overseeing cybersecurity governance programs, testing our compliance with standards, remediating known risks, completing cybersecurity risk management activities related to acquisition due diligence and integration, and leading our employee cybersecurity training program. The CISO stays current with the latest developments in cybersecurity and the evolving threat landscape to inform cybersecurity prevention, detection, mitigation, and remediation efforts. The CISO implements and oversees processes for the regular monitoring of our information systems. This includes processes to identify potential vulnerabilities. In the event of a cybersecurity incident, the CISO is equipped with a detailed incident response plan which outlines the steps to be followed from incident detection to mitigation, notifications, and recovery. Notifications include functional areas (including legal), senior management and the Board, as applicable. We have adopted and enforce various enterprise-wide policies relating to cybersecurity, to ensure the ongoing protection of our systems, including policies to identify, classify, and protect company data, manage vulnerabilities, and perform user access reviews. We further conduct drills of our incident response plan to prepare incident response teams and provide cybersecurity training and phishing simulations throughout the year via our enterprise learning management systems.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Hubbell’s Board of Directors (the “Board”) recognizes the critical nature of managing risks associated with cybersecurity threats. The Audit Committee of the Board has been delegated oversight of risks associated with cybersecurity threats and has developed mechanisms to ensure effective oversight in managing such cybersecurity risks. The Audit Committee is composed of Board members with diverse expertise, including cybersecurity and technology, financial, and risk management experience. Hubbell’s cybersecurity program is managed by a dedicated CISO who has over a decade of information technology and program management experience. The CISO is responsible for leading our enterprise-wide cybersecurity program and assessing, monitoring, and managing our cybersecurity risks. These responsibilities include overseeing cybersecurity governance programs, testing our compliance with standards, remediating known risks, completing cybersecurity risk management activities related to acquisition due diligence and integration, and leading our employee cybersecurity training program. The CISO stays current with the latest developments in cybersecurity and the evolving threat landscape to inform cybersecurity prevention, detection, mitigation, and remediation efforts. The CISO implements and oversees processes for the regular monitoring of our information systems. This includes processes to identify potential vulnerabilities. In the event of a cybersecurity incident, the CISO is equipped with a detailed incident response plan which outlines the steps to be followed from incident detection to mitigation, notifications, and recovery. Notifications include functional areas (including legal), senior management and the Board, as applicable. We have adopted and enforce various enterprise-wide policies relating to cybersecurity, to ensure the ongoing protection of our systems, including policies to identify, classify, and protect company data, manage vulnerabilities, and perform user access reviews. We further conduct drills of our incident response plan to prepare incident response teams and provide cybersecurity training and phishing simulations throughout the year via our enterprise learning management systems.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Hubbell’s cybersecurity program is managed by a dedicated CISO who has over a decade of information technology and program management experience.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The CISO provides regular (but not less than quarterly) updates to the Audit Committee. These updates include a broad range of topics, including the current cybersecurity and emerging threat landscape, the status of ongoing cybersecurity initiatives and strategies, incident reports, and the results of internal and external assessments of our information systems. The CISO, in his capacity, regularly informs our Chairman, President and Chief Executive Officer; SVP, Chief Financial Officer; and SVP, General Counsel and Secretary on aspects related to cybersecurity risks and incidents. This ensures that the highest levels of management, including the Company’s Disclosure Committee, are made aware of Hubbell’s cybersecurity posture and potential cybersecurity risks. Furthermore, any material cybersecurity matters, and strategic cybersecurity risk management matters are promptly escalated to the Audit Committee of the Board.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2025

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The table below sets forth summarized quarterly consolidated financial data for the years ended December 31, 2025 and 2024. The quarterly consolidated financial data for the year ended December 31, 2024 has been retrospectively adjusted to reflect the change in accounting principle discussed in Note 1 (in millions, except per share amounts):


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2025
Net sales	$	1,365.2	$	1,484.3	$	1,502.4	$	1,492.7
Cost of goods sold	$	922.6	$	932.2	$	958.1	$	967.6
Gross profit	$	442.6	$	552.1	$	544.3	$	525.1
Selling & administrative expenses	$	212.2	$	215.8	$	213.7	$	213.6
Net income	$	164.5	$	245.5	$	256.7	$	225.2
Net income attributable to Hubbell Incorporated	$	163.2	$	244.2	$	255.5	$	224.2

Basic earnings per share	$	3.04	$	4.58	$	4.80	$	4.21
Diluted earnings per share	$	3.03	$	4.56	$	4.77	$	4.19

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2024
Net sales	$	1,399.1	$	1,452.5	$	1,442.6	$	1,334.3
Cost of goods sold	$	965.5	$	938.7	$	936.6	$	882.1
Gross profit	$	433.6	$	513.8	$	506.0	$	452.2
Selling & administrative expenses	$	219.2	$	207.5	$	193.3	$	192.5
Net income	$	138.4	$	219.1	$	227.8	$	199.4
Net income attributable to Hubbell incorporated	$	137.1	$	217.5	$	226.2	$	198.2

Basic earnings per share	$	2.55	$	4.04	$	4.21	$	3.69
Diluted earnings per share	$	2.53	$	4.01	$	4.18	$	3.66

Revenue - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
Revenue - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Contract liabilities	$ 174.6	$ 148.0
Increase in net contract liabilities	26.6
Increase in current year deferrals, net	115.6
Revenue recognized	89.0
Contract assets	$ 48.2	$ 38.0

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2025
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Debt - Schedule of Other Information Related to Short-term Debt (Details)	Dec. 31, 2025	Dec. 31, 2024
Debt Disclosure [Abstract]
Interest rate at year end (as a percent)	4.13%	4.49%

Business Acquisitions and Dispositions - Schedule of Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Business Combination [Line Items]
Intangible assets	$ 417.1		$ 608.2
Goodwill	3,060.8	$ 2,500.8	2,533.4
2025 Acquisitions
Business Combination [Line Items]
Accounts receivable	32.3
Inventories	47.6
Other current assets	1.9
Property, plant and equipment	54.7
Other non-current assets	5.4
Intangible assets	417.1
Accounts payable	(12.6)
Other accrued liabilities	(16.1)
Deferred tax liabilities, net	(106.5)
Other non-current liabilities	(4.7)
Goodwill	539.2
Total Estimate of Consideration Transferred, Net of Cash Acquired	$ 958.3
2023 Acquisitions
Business Combination [Line Items]
Accounts receivable			71.5
Inventories			84.9
Other current assets			49.6
Property, plant and equipment			31.6
Other non-current assets			2.8
Intangible assets			608.2
Accounts payable			(17.5)
Other accrued liabilities			(85.1)
Deferred tax liabilities, net			(134.0)
Other non-current liabilities			(11.9)
Goodwill			605.7
Total Estimate of Consideration Transferred, Net of Cash Acquired			$ 1,205.8

Inventories (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Inventory Disclosure [Abstract]
Raw material	$ 455.0	$ 409.9
Work-in-process	227.5	218.5
Finished goods	401.3	382.0
Inventories, net	$ 1,083.8	$ 1,010.4

Leases - Schedule of Maturities of Lease Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Operating Leases
Year One	$ 46.6
Year Two	41.1
Year Three	33.9
Year Four	22.8
Year Five	12.7
Thereafter	21.2
Total Payments	178.3
Imputed Interest	(16.4)
Total	$ 161.9	$ 151.5

Capital Stock - Schedule of Shares of the Company's Reserved Common Stock (Details) - Common Stock shares in Thousands	Dec. 31, 2025 shares
Class of Stock [Line Items]
Future grant of stock-based compensation (in shares)	1,017
Shares reserved under other equity compensation plans (in shares)	113
TOTAL (in shares)	1,130

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

Financial Instruments and Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Accounted for at Fair Value


Asset (Liability)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Quoted Prices in Active Markets for Similar Assets (Level 2)		Unobservable inputs for which little or no market data exists (Level 3)		Total
Money market funds (a)	$	187.4	$	—	$	—	$	187.4
Time Deposits (d)	—		2.9		—		2.9
Available for sale investments	—		78.4		—		78.4
Trading securities	32.5		—		—		32.5
Deferred compensation plan liabilities	(32.5)		—		—		(32.5)
Derivatives:
Forward exchange contracts-Assets (b)	—		0.1		—		0.1
Forward exchange contracts-(Liabilities) (c)	—		(0.5)		—		(0.5)
BALANCE AT DECEMBER 31, 2025	$	187.4	$	80.9	$	—	$	268.3


Asset (Liability)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Quoted Prices in Active Markets for Similar Assets (Level 2)		Unobservable inputs for which little or no market data exists (Level 3)		Total
Money market funds (a)	$	63.2	$	—	$	—	$	63.2
Time Deposits (d)	—		3.1		—		3.1
Available for sale investments	—		69.6		—		69.6
Trading securities	28.1		—		—		28.1
Deferred compensation plan liabilities	(28.1)		—		—		(28.1)
Derivatives:
Forward exchange contracts-Assets (b)	—		1.4		—		1.4
BALANCE AT DECEMBER 31, 2024	$	63.2	$	74.1	$	—	$	137.3

(a)Money market funds are included in Cash and cash equivalents in the Consolidated Balance Sheet.

(b)Forward exchange contracts-Assets are reflected in Other current assets in the Consolidated Balance Sheet.

(c)Forward exchange contracts-(Liabilities) are reflected in Other accrued liabilities in the Consolidated Balance Sheet.

(d)Time deposits are reflected in current and long term investments depending on their maturity date in the Consolidated Balance Sheet.

Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2025

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2025
Net sales	$	1,365.2	$	1,484.3	$	1,502.4	$	1,492.7
Cost of goods sold	$	922.6	$	932.2	$	958.1	$	967.6
Gross profit	$	442.6	$	552.1	$	544.3	$	525.1
Selling & administrative expenses	$	212.2	$	215.8	$	213.7	$	213.6
Net income	$	164.5	$	245.5	$	256.7	$	225.2
Net income attributable to Hubbell Incorporated	$	163.2	$	244.2	$	255.5	$	224.2

Basic earnings per share	$	3.04	$	4.58	$	4.80	$	4.21
Diluted earnings per share	$	3.03	$	4.56	$	4.77	$	4.19

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2024
Net sales	$	1,399.1	$	1,452.5	$	1,442.6	$	1,334.3
Cost of goods sold	$	965.5	$	938.7	$	936.6	$	882.1
Gross profit	$	433.6	$	513.8	$	506.0	$	452.2
Selling & administrative expenses	$	219.2	$	207.5	$	193.3	$	192.5
Net income	$	138.4	$	219.1	$	227.8	$	199.4
Net income attributable to Hubbell incorporated	$	137.1	$	217.5	$	226.2	$	198.2

Basic earnings per share	$	2.55	$	4.04	$	4.21	$	3.69
Diluted earnings per share	$	2.53	$	4.01	$	4.18	$	3.66

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amounts of goodwill for the years ended December 31, 2025 and 2024, by segment, were as follows (in millions):


	Segment
	Utility Solutions		Electrical Solutions		Total
BALANCE AT DECEMBER 31, 2023	$	1,897.5	$	635.9	$	2,533.4
Prior year acquisitions	(9.0)		—		(9.0)


Foreign currency translation	(20.1)		(3.5)		(23.6)
BALANCE AT DECEMBER 31, 2024	$	1,868.4	$	632.4	$	2,500.8
Current year dispositions(1)	—		(0.3)		(0.3)

Current year acquisitions(1)	499.2		40.0		539.2
Foreign currency translation	16.4		4.7		21.1
BALANCE AT DECEMBER 31, 2025	$	2,384.0	$	676.8	$	3,060.8

(1) Refer to Note 3 - Business Acquisitions and Dispositions for additional information.

Schedule of Identifiable Intangible Assets

Identifiable intangible assets are recorded in Other intangible assets, net in the Consolidated Balance Sheet. Identifiable intangible assets are comprised of the following (in millions):


	December 31, 2025				December 31, 2024
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Definite-lived:
Patents, tradenames and trademarks	$	250.0	$	(104.7)	$	232.4	$	(95.2)
Customer relationships	1,633.6		(517.6)		1,290.0		(443.2)
Developed technology and other	278.6		(179.4)		221.4		(158.8)
TOTAL DEFINITE-LIVED INTANGIBLES	2,162.2		(801.7)		1,743.8		(697.2)
Indefinite-lived:
Tradenames and other	33.8		—		33.4		—
TOTAL OTHER INTANGIBLE ASSETS	$	2,196.0	$	(801.7)	$	1,777.2	$	(697.2)

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

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+ Details