Hub Group (HUBG) Financial Statements & Analysis

Hub Group (HUBG) Income Statement

Hub Group reported revenue of $3.95B in fiscal 2024 (fiscal year ended Dec 31, 2024), down 6.1% from $4.20B a year earlier. Net income was $103.99M, down 37.9% year over year, a net margin of 2.6%. Gross margin was 100.0% and operating margin 3.6%. In the most recent quarter, Q3 fiscal 2025 (ended Sep 30, 2025), revenue was $934.50M, down 5.3% from the same quarter a year earlier.

Hub Group Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Hub Group, Inc. income statement - Annual data in billions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	3.95	4.20	5.34	4.23	3.50	3.67	3.68	4.03
Cost of Revenue	3.51	3.70	4.58	3.76	3.07	3.15	3.24	3.58
Gross Profit	3.95	4.20	5.34	4.23	0.43	0.52	0.45	0.46
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.16	0.15	0.17	0.13	0.29	0.34	0.30	0.27
Operating Expenses	3.81	4.00	4.91	4.03	0.32	0.37	0.32	0.36
Operating Income	0.14	0.21	0.47	0.24	0.11	0.15	0.12	0.10
Other Income/Expense
Interest Income	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-0.01	-0.01	-0.01	-0.01	-0.01	0.01	0.01	0.01
Other Income/Expense	-0.01	0.00	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Income
Income Before Tax	0.13	0.21	0.47	0.23	0.10	0.14	0.12	0.09
Income Tax Expense	0.03	0.04	0.11	0.06	0.02	0.04	0.03	-0.04
Net Income	0.10	0.17	0.36	0.17	0.07	0.11	0.20	0.14
Net Income - Continuous Operations	0.10	0.17	0.36	0.17	0.07	0.11	0.20	0.14
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	0.33	0.39	0.61	0.35	0.23	0.27	0.21	0.13
EBIT	0.14	0.21	0.46	0.22	0.11	-	-	-
Depreciation & Amortization	0.19	0.18	0.15	0.13	0.12	0.12	0.08	0.06
Earnings Per Share
Basic EPS	2.00	3.00	5.00	3.00	1.00	2.00	3.00	4.00
Diluted EPS	2.00	3.00	5.00	3.00	1.00	2.00	3.00	4.00
Basic Shares Outstanding	0.06	0.06	0.07	0.07	0.07	0.07	0.07	0.07
Diluted Shares Outstanding	0.06	0.06	0.07	0.07	0.07	0.07	0.07	0.07

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2025. Data sources and methodology

Frequently Asked Questions About Hub Group Financial Statements

What was Hub Group's revenue in fiscal 2024?

Hub Group reported revenue of $3.95B in fiscal 2024 (fiscal year ended Dec 31, 2024). That was down 6.1% from $4.20B a year earlier.

Is Hub Group profitable?

Yes. Hub Group earned net income of $103.99M in fiscal 2024, a net margin of 2.6%. In fiscal 2023 it earned $167.53M.

What is Hub Group's operating margin?

Hub Group's operating income was $140.29M on revenue of $3.95B in fiscal 2024, an operating margin of 3.6%, compared with 5.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition