• Hubbell Inc average net profit margin for 2023 was 12.58%, a 10.64% increase from 2022.
• Hubbell Inc average net profit margin for 2022 was 11.37%, a 15.67% increase from 2021.
• Hubbell Inc average net profit margin for 2021 was 9.83%, a 3.44% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.