Hubbell Incorporated vs Builders FirstSource, Inc.: Annual Revenue Growth Compared

Comparing revenue growth of two industry giants from 2014 to 2023.

__timestampBuilders FirstSource, Inc.Hubbell Incorporated
Wednesday, January 1, 201416040960003359400000
Thursday, January 1, 201535644250003390400000
Friday, January 1, 201663672840003505200000
Sunday, January 1, 201770342090003668800000
Monday, January 1, 201877247710004481700000
Tuesday, January 1, 201972804310004591000000
Wednesday, January 1, 202085588740004186000000
Friday, January 1, 2021198938560004194100000
Saturday, January 1, 2022227264180004947900000
Sunday, January 1, 2023170973300005372900000
Monday, January 1, 20245628500000
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In pursuit of knowledge

A Tale of Two Companies: Revenue Growth from 2014 to 2023

In the competitive landscape of the construction and electrical industries, Builders FirstSource, Inc. and Hubbell Incorporated have showcased distinct growth trajectories over the past decade. From 2014 to 2023, Builders FirstSource, Inc. experienced a staggering revenue increase of over 965%, starting from approximately $1.6 billion in 2014 and peaking at around $22.7 billion in 2022. This remarkable growth underscores the company's strategic expansions and market adaptability.

Conversely, Hubbell Incorporated demonstrated steady growth, with revenues rising by about 60% during the same period, from $3.4 billion in 2014 to $5.4 billion in 2023. This consistent performance highlights Hubbell's resilience and strong market presence in the electrical products sector.

These contrasting growth patterns offer valuable insights into the strategic directions and market dynamics influencing these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025