EBITDA Performance Review: Cummins Inc. vs Hubbell Incorporated

EBITDA Performance: A Tale of Two Giants

In the competitive landscape of industrial manufacturing, Cummins Inc. and Hubbell Incorporated have showcased distinct EBITDA trajectories over the past decade. Cummins, a leader in power solutions, has consistently outperformed Hubbell, a key player in electrical products, with an average EBITDA nearly four times higher. From 2014 to 2023, Cummins saw a 21% increase in EBITDA, peaking in 2022 with a 52% rise from its 2014 figures. Meanwhile, Hubbell's EBITDA grew by 97% over the same period, reflecting its strategic expansions and market adaptations. Notably, 2023 marked a significant year for Hubbell, achieving its highest EBITDA, a 97% increase from 2014. This data underscores the dynamic shifts and strategic maneuvers within the industrial sector, highlighting how both companies have navigated economic challenges and opportunities to enhance their financial performance.

Key Insights

• Cummins' EBITDA peaked in 2022.
• Hubbell's EBITDA nearly doubled from 2014 to 2023.