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Hub Group, Inc.

HUBG

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
3,946
Cost of Revenue
577
Gross Profit
3,369
Gross Margin
85.4%
Operating Income
140
Operating Margin
3.6%
Net Income
104
Net Margin
2.6%
EPS (Basic)
$1.72
EPS (Diluted)
$1.70
EBITDA
340
EBITDA Margin
8.6%

2023

12/31/2023

Revenue
4,203
Cost of Revenue
3,699
Gross Profit
504
Gross Margin
12.0%
Operating Income
212
Operating Margin
5.1%
Net Income
168
Net Margin
4.0%
EPS (Basic)
$2.65
EPS (Diluted)
$2.62
EBITDA
407
EBITDA Margin
9.7%

2022

12/31/2022

Revenue
5,340
Cost of Revenue
4,451
Gross Profit
890
Gross Margin
16.7%
Operating Income
475
Operating Margin
8.9%
Net Income
357
Net Margin
6.7%
EPS (Basic)
$5.37
EPS (Diluted)
$5.32
EBITDA
629
EBITDA Margin
11.8%

2021

12/31/2021

Revenue
4,232
Cost of Revenue
3,633
Gross Profit
600
Gross Margin
14.2%
Operating Income
238
Operating Margin
5.6%
Net Income
171
Net Margin
4.1%
EPS (Basic)
$2.56
EPS (Diluted)
$2.53
EBITDA
350
EBITDA Margin
8.3%

2020

12/31/2020

Revenue
3,496
Cost of Revenue
3,070
Gross Profit
425
Gross Margin
12.2%
Operating Income
106
Operating Margin
3.0%
Net Income
74
Net Margin
2.1%
EPS (Basic)
$1.11
EPS (Diluted)
$1.10
EBITDA
229
EBITDA Margin
6.6%