Hub Group annual gross margin
2016
2017
2018
2019
2020
2021
2022
Hub Group Gross Margin Growth & History (HUBG)
Hub Group's gross margin was 16.66% for fiscal 2022.
View full Hub Group company overviewHub Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 16.66% | +2.49 pp |
| 2021 | 2021-12-31 | 14.17% | +2.00 pp |
| 2020 | 2020-12-31 | 12.17% | −2.03 pp |
| 2019 | 2019-12-31 | 14.21% | +2.11 pp |
| 2018 | 2018-12-31 | 12.10% | +1.29 pp |
| 2017 | 2017-12-31 | 10.81% | −1.24 pp |
| 2016 | 2016-12-31 | 12.05% | — |
Hub Group quarterly gross margin
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2022 | 2022-12-31 | 15.90% | −1.03 pp |
| Q3 2022 | 2022-09-30 | 16.47% | +1.81 pp |
| Q2 2022 | 2022-06-30 | 17.61% | +5.33 pp |
| Q1 2022 | 2022-03-31 | 16.56% | +4.74 pp |
| Q4 2021 | 2021-12-31 | 16.93% | +5.85 pp |
| Q3 2021 | 2021-09-30 | 14.66% | +2.98 pp |
| Q2 2021 | 2021-06-30 | 12.29% | −1.48 pp |
| Q1 2021 | 2021-03-31 | 11.83% | −0.64 pp |
| Q4 2020 | 2020-12-31 | 11.08% | −2.89 pp |
| Q3 2020 | 2020-09-30 | 11.68% | −3.12 pp |
| Q2 2020 | 2020-06-30 | 13.76% | −0.64 pp |
| Q1 2020 | 2020-03-31 | 12.47% | −1.17 pp |
| Q4 2019 | 2019-12-31 | 13.97% | +0.36 pp |
| Q3 2019 | 2019-09-30 | 14.81% | +2.48 pp |
| Q2 2019 | 2019-06-30 | 14.41% | +3.12 pp |
| Q1 2019 | 2019-03-31 | 13.64% | +2.77 pp |
| Q4 2018 | 2018-12-31 | 13.61% | +3.14 pp |
| Q3 2018 | 2018-09-30 | 12.32% | +1.35 pp |
| Q2 2018 | 2018-06-30 | 11.29% | — |
| Q1 2018 | 2018-03-31 | 10.87% | — |
| Q3 2017 | 2017-09-30 | 10.47% | — |
| Q2 2017 | 2017-06-30 | 10.97% | — |
Hub Group gross margin trends
Over the last five reported fiscal years, Hub Group's gross margin increased from 10.81% to 16.66%, a change of +5.85 percentage points. The latest reported quarter, Q4 2022, shows 15.90%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hub Group filings at SEC.gov ↗