Hub Group annual net debt
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2024
Hub Group Net Debt Growth & History (HUBG)
Hub Group's net debt was $410.3M for fiscal 2024.
View full Hub Group company overviewHub Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $410.3M | $22.0M | +5.67% |
| 2023 | 2023-12-31 | $388.2M | $223.1M | +135.15% |
| 2022 | 2022-12-31 | $165.1M | $2.6M | +1.60% |
| 2021 | 2021-12-31 | $162.5M | −$31.6M | −16.27% |
| 2020 | 2020-12-31 | $194.1M | $39.2M | +25.33% |
| 2019 | 2019-12-31 | $154.8M | −$122.1M | −44.08% |
| 2018 | 2018-12-31 | $276.9M | $2.9M | +1.07% |
| 2017 | 2017-12-31 | $274.0M | $227.4M | +488.45% |
| 2016 | 2016-12-31 | $46.6M | $105.1M | — |
| 2015 | 2015-12-31 | −$58.5M | −$59.3M | — |
| 2014 | 2014-12-31 | $751,000 | $40.6M | — |
| 2013 | 2013-12-31 | −$39.8M | $7.7M | — |
| 2012 | 2012-12-31 | −$47.5M | −$24.1M | — |
| 2011 | 2011-12-31 | −$23.4M | — | — |
Hub Group quarterly net debt
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
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Q2.15
Q3.15
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Q3.17
Q4.17
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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
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2025 | 2025-09-30 | $379.1M | $40.3M | +11.88% |
| Q2 2025 | 2025-06-30 | $325.6M | $27.5M | +9.22% |
| Q1 2025 | 2025-03-31 | $372.8M | $10.0M | +2.76% |
| Q4 2024 | 2024-12-31 | $410.3M | $22.0M | +5.67% |
| Q3 2024 | 2024-09-30 | $338.8M | $184.9M | +120.16% |
| Q2 2024 | 2024-06-30 | $298.1M | $123.2M | +70.42% |
| Q1 2024 | 2024-03-31 | $362.8M | $186.2M | +105.41% |
| Q4 2023 | 2023-12-31 | $388.2M | $223.1M | +135.15% |
| Q3 2023 | 2023-09-30 | $153.9M | −$63.3M | −29.13% |
| Q2 2023 | 2023-06-30 | $174.9M | $135.7M | +346.37% |
| Q1 2023 | 2023-03-31 | $176.6M | $62.2M | +54.37% |
| Q4 2022 | 2022-12-31 | $165.1M | $2.6M | +1.60% |
| Q3 2022 | 2022-09-30 | $217.2M | $144.3M | +197.98% |
| Q2 2022 | 2022-06-30 | $39.2M | $8.5M | +27.84% |
| Q1 2022 | 2022-03-31 | $114.4M | $50.5M | +79.03% |
| Q4 2021 | 2021-12-31 | $162.5M | −$31.6M | −16.27% |
| Q3 2021 | 2021-09-30 | $72.9M | −$16.5M | −18.44% |
| Q2 2021 | 2021-06-30 | $30.7M | −$65.7M | −68.20% |
| Q1 2021 | 2021-03-31 | $63.9M | −$76.8M | −54.59% |
| Q4 2020 | 2020-12-31 | $194.1M | $39.2M | +25.33% |
| Q3 2020 | 2020-09-30 | $89.4M | −$153.9M | −63.27% |
| Q2 2020 | 2020-06-30 | $96.4M | −$91.7M | −48.77% |
| Q1 2020 | 2020-03-31 | $140.7M | −$101.9M | −42.00% |
| Q4 2019 | 2019-12-31 | $154.8M | −$122.1M | −44.08% |
| Q3 2019 | 2019-09-30 | $243.3M | $199.0M | +448.87% |
| Q2 2019 | 2019-06-30 | $188.1M | −$60.3M | −24.27% |
| Q1 2019 | 2019-03-31 | $242.7M | −$23.7M | −8.91% |
| Q4 2018 | 2018-12-31 | $276.9M | $2.9M | +1.07% |
| Q3 2018 | 2018-09-30 | $44.3M | −$235.4M | −84.15% |
| Q2 2018 | 2018-06-30 | $248.4M | $388.3M | — |
| Q1 2018 | 2018-03-31 | $266.4M | $407.9M | — |
| Q4 2017 | 2017-12-31 | $274.0M | $227.4M | +488.45% |
| Q3 2017 | 2017-09-30 | $279.7M | $401.0M | — |
| Q2 2017 | 2017-06-30 | −$139.9M | $9.7M | — |
| Q1 2017 | 2017-03-31 | −$141.5M | $43.5M | — |
| Q4 2016 | 2016-12-31 | $46.6M | $105.1M | — |
| Q3 2016 | 2016-09-30 | −$121.3M | −$60.9M | — |
| Q2 2016 | 2016-06-30 | −$149.5M | −$109.6M | — |
| Q1 2016 | 2016-03-31 | −$185.0M | −$171.6M | — |
| Q4 2015 | 2015-12-31 | −$58.5M | −$59.3M | — |
| Q3 2015 | 2015-09-30 | −$60.4M | −$40.1M | — |
| Q2 2015 | 2015-06-30 | −$39.9M | −$17.5M | — |
| Q1 2015 | 2015-03-31 | −$13.4M | $9.1M | — |
| Q4 2014 | 2014-12-31 | $751,000 | $40.6M | — |
| Q3 2014 | 2014-09-30 | −$20.3M | $41.7M | — |
| Q2 2014 | 2014-06-30 | −$22.4M | $18.4M | — |
| Q1 2014 | 2014-03-31 | −$22.5M | $41.1M | — |
| Q4 2013 | 2013-12-31 | −$39.8M | $7.7M | — |
| Q3 2013 | 2013-09-30 | −$62.0M | −$6.4M | — |
| Q2 2013 | 2013-06-30 | −$40.8M | −$13.2M | — |
| Q1 2013 | 2013-03-31 | −$63.6M | −$36.0M | — |
| Q4 2012 | 2012-12-31 | −$47.5M | −$24.1M | — |
| Q3 2012 | 2012-09-30 | −$55.6M | −$39.2M | — |
| Q2 2012 | 2012-06-30 | −$27.6M | — | — |
| Q1 2012 | 2012-03-31 | −$27.6M | — | — |
| Q4 2011 | 2011-12-31 | −$23.4M | — | — |
| Q3 2011 | 2011-09-30 | −$16.4M | — | — |
Hub Group net debt trends
Over the last five fiscal years, Hub Group's net debt increased from $154.8M to $410.3M, a change of $255.4M. The latest reported quarter, Q3 2025, shows $379.1M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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