Hub Group, Inc. (HUBG) Financial Statements
Industry: Arrangement of Transportation of Freight & Cargo
In fiscal 2024, Hub reported revenue of $3.95B, down 6.1% from $4.20B the year before. Net income was $104.0M (a 2.6% net margin), or $1.70 per diluted share. Operating margin was 3.6%. Operating activities generated $194.4M of cash, leaving $143.6M of free cash flow. At fiscal year end, Hub held $2.87B in total assets against $1.22B in total liabilities, including $98.2M of cash and equivalents.
Open the full interactive Hub financials → Quarterly statements, key ratios, valuation history and price charts.
Hub Key Stats
| Share Price | $26.38 |
|---|---|
| Market Cap | $1.59B |
| P/E Ratio | 15.5 |
| Dividend Yield | 1.89% |
| Revenue YoY Growth | -6.1% |
| 52-Week Range | $25.76 – $51.99 |
| Shares Outstanding | 60.0 million (basic, 2025 Q3) |
Hub Income Statement
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|
| Revenue | $3.67B | $3.50B | $4.23B | $5.34B | $4.20B | $3.95B |
| Cost of Goods Sold | $3.15B | $3.07B | $3.63B | $4.45B | — | — |
| Gross Profit | $521.1M | $425.4M | $599.6M | $889.5M | — | — |
| Operating Income | $152.4M | $105.8M | $238.5M | $474.7M | $212.2M | $140.3M |
| Pre-Tax Income | $143.9M | $96.1M | $230.9M | $468.0M | $209.2M | $132.5M |
| Income Tax | $36.7M | $22.5M | $59.4M | $111.0M | $41.7M | $28.5M |
| Net Income | $107.2M | $73.6M | $171.5M | $356.9M | $167.5M | $104.0M |
| Diluted EPS | $1.60 | $1.09 | $2.53 | $5.32 | $2.62 | $1.70 |
Hub Quarterly Results
| 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | |
|---|---|---|---|---|
| Revenue | $973.5M | $915.2M | $905.6M | $934.5M |
| Net Income | $24.3M | $26.8M | $25.2M | $28.6M |
| Diluted EPS | $0.40 | $0.44 | $0.42 | $0.47 |
Hub Balance Sheet
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $168.7M | $124.5M | $159.8M | $286.6M | $187.3M | $98.2M |
| Current Assets | $640.2M | $672.8M | $894.3M | $1.06B | $849.2M | $768.3M |
| Total Assets | $1.99B | $2.11B | $2.44B | $2.81B | $2.94B | $2.87B |
| Current Liabilities | $507.4M | $529.1M | $687.1M | $691.8M | $658.2M | $579.5M |
| Total Long-Term Debt | $281.6M | $270.4M | $274.8M | $342.5M | $350.7M | $264.4M |
| Total Liabilities | $916.3M | $947.5M | $1.10B | $1.21B | $1.30B | $1.22B |
| Shareholders' Equity | $1.08B | $1.16B | $1.34B | $1.60B | $1.63B | $1.64B |
Hub Cash Flow Statement
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $254.5M | $175.0M | $252.8M | $458.2M | $422.2M | $194.4M |
| Cash From Investing | -$66.1M | -$196.9M | -$210.1M | -$278.9M | -$373.2M | -$53.3M |
| Cash From Financing | -$81.1M | -$22.3M | -$7.4M | -$52.5M | -$148.4M | -$201.3M |
| Free Cash Flow | $159.7M | $59.6M | $119.9M | $239.0M | $282.1M | $143.6M |
| Dividends Paid | — | — | — | — | — | $30.2M |
Figures from Hub's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Hub financials page for every line item.
Hub Company Profile
| Ticker | HUBG |
|---|---|
| Exchange | Nasdaq |
| Industry | Arrangement of Transportation of Freight & Cargo |
| Headquarters | Oak Brook, Illinois |
| Incorporated in | Illinois |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000940942 |
Frequently Asked Questions
What was Hub's revenue in fiscal 2024?
Hub (HUBG) reported revenue of $3.95B for fiscal 2024.
What is Hub's annual revenue history?
Hub's annual revenue by fiscal year: 2019: $3.67B; 2020: $3.50B; 2021: $4.23B; 2022: $5.34B; 2023: $4.20B; 2024: $3.95B.
What was Hub's net income in fiscal 2024?
Hub reported net income of $104.0M for fiscal 2024.
What was Hub's earnings per share (EPS) in fiscal 2024?
Hub's diluted EPS was $1.70 for fiscal 2024 (adjusted for any later stock splits).
How much free cash flow did Hub generate in fiscal 2024?
Hub generated $143.6M of free cash flow in fiscal 2024.
What was Hub's revenue last quarter?
In its most recent reported quarter (2025 Q3), Hub reported revenue of $934.5M.
How much debt does Hub have?
Hub reported $264.4M of long-term debt, including the current portion, at the end of fiscal 2024.
How many shares of Hub are outstanding?
Hub reported a weighted average of 60.0 million basic shares outstanding in 2025 Q3.
What is Hub's market cap?
Based on its latest closing price, Hub (HUBG) has a market capitalization of about $1.59B.
When does Hub's fiscal year end?
Hub's fiscal year end, as registered with the SEC, is December 31.
Where is Hub headquartered?
Hub lists its business address in Oak Brook, Illinois in its SEC filings.
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