Hub Group annual operating margin
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2024
Hub Group Operating Margin Growth & History (HUBG)
Hub Group's operating margin was 3.55% for fiscal 2024.
View full Hub Group company overviewHub Group annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 3.55% | −1.50 pp |
| 2023 | 2023-12-31 | 5.05% | −3.84 pp |
| 2022 | 2022-12-31 | 8.89% | +3.25 pp |
| 2021 | 2021-12-31 | 5.63% | +2.61 pp |
| 2020 | 2020-12-31 | 3.03% | −1.13 pp |
| 2019 | 2019-12-31 | 4.16% | +0.76 pp |
| 2018 | 2018-12-31 | 3.39% | +1.06 pp |
| 2017 | 2017-12-31 | 2.33% | −1.18 pp |
| 2016 | 2016-12-31 | 3.51% | +0.19 pp |
| 2015 | 2015-12-31 | 3.32% | +0.97 pp |
| 2014 | 2014-12-31 | 2.35% | −1.02 pp |
| 2013 | 2013-12-31 | 3.37% | −0.23 pp |
| 2012 | 2012-12-31 | 3.60% | +0.16 pp |
| 2011 | 2011-12-31 | 3.43% | −0.38 pp |
| 2010 | 2010-12-31 | 3.81% | +0.14 pp |
| 2009 | 2009-12-31 | 3.68% | −1.46 pp |
| 2008 | 2008-12-31 | 5.13% | — |
Hub Group quarterly operating margin
Q2.09
Q3.09
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Q3.19
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Q4.22
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Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2025 | 2025-09-30 | 4.22% | +0.97 pp |
| Q2 2025 | 2025-06-30 | 3.79% | −0.21 pp |
| Q1 2025 | 2025-03-31 | 4.08% | +0.36 pp |
| Q4 2024 | 2024-12-31 | 3.24% | +0.25 pp |
| Q3 2024 | 2024-09-30 | 3.25% | −0.90 pp |
| Q2 2024 | 2024-06-30 | 4.01% | −1.96 pp |
| Q1 2024 | 2024-03-31 | 3.72% | −3.07 pp |
| Q4 2023 | 2023-12-31 | 2.98% | −5.13 pp |
| Q3 2023 | 2023-09-30 | 4.15% | −4.53 pp |
| Q2 2023 | 2023-06-30 | 5.97% | −3.86 pp |
| Q1 2023 | 2023-03-31 | 6.79% | −2.08 pp |
| Q4 2022 | 2022-12-31 | 8.11% | −1.25 pp |
| Q3 2022 | 2022-09-30 | 8.69% | +3.12 pp |
| Q2 2022 | 2022-06-30 | 9.82% | +6.06 pp |
| Q1 2022 | 2022-03-31 | 8.86% | +6.25 pp |
| Q4 2021 | 2021-12-31 | 9.36% | +6.09 pp |
| Q3 2021 | 2021-09-30 | 5.57% | +1.90 pp |
| Q2 2021 | 2021-06-30 | 3.77% | +1.07 pp |
| Q1 2021 | 2021-03-31 | 2.62% | +0.26 pp |
| Q4 2020 | 2020-12-31 | 3.27% | −1.04 pp |
| Q3 2020 | 2020-09-30 | 3.67% | −0.41 pp |
| Q2 2020 | 2020-06-30 | 2.69% | −1.73 pp |
| Q1 2020 | 2020-03-31 | 2.36% | −1.46 pp |
| Q4 2019 | 2019-12-31 | 4.31% | −0.42 pp |
| Q3 2019 | 2019-09-30 | 4.08% | +0.36 pp |
| Q2 2019 | 2019-06-30 | 4.42% | +1.58 pp |
| Q1 2019 | 2019-03-31 | 3.81% | +1.84 pp |
| Q4 2018 | 2018-12-31 | 4.74% | +0.88 pp |
| Q3 2018 | 2018-09-30 | 3.72% | +1.81 pp |
| Q2 2018 | 2018-06-30 | 2.84% | +1.36 pp |
| Q1 2018 | 2018-03-31 | 1.97% | +0.31 pp |
| Q4 2017 | 2017-12-31 | 3.86% | +0.71 pp |
| Q3 2017 | 2017-09-30 | 1.91% | −1.29 pp |
| Q2 2017 | 2017-06-30 | 1.48% | −2.53 pp |
| Q1 2017 | 2017-03-31 | 1.66% | −1.92 pp |
| Q4 2016 | 2016-12-31 | 3.15% | −0.82 pp |
| Q3 2016 | 2016-09-30 | 3.20% | −0.51 pp |
| Q2 2016 | 2016-06-30 | 4.01% | +0.73 pp |
| Q1 2016 | 2016-03-31 | 3.58% | +1.33 pp |
| Q4 2015 | 2015-12-31 | 3.97% | +1.26 pp |
| Q3 2015 | 2015-09-30 | 3.71% | +2.87 pp |
| Q2 2015 | 2015-06-30 | 3.28% | −0.18 pp |
| Q1 2015 | 2015-03-31 | 2.25% | −0.17 pp |
| Q4 2014 | 2014-12-31 | 2.71% | −0.37 pp |
| Q3 2014 | 2014-09-30 | 0.84% | −2.70 pp |
| Q2 2014 | 2014-06-30 | 3.46% | −0.18 pp |
| Q1 2014 | 2014-03-31 | 2.42% | −0.80 pp |
| Q4 2013 | 2013-12-31 | 3.08% | −0.87 pp |
| Q3 2013 | 2013-09-30 | 3.54% | −0.23 pp |
| Q2 2013 | 2013-06-30 | 3.64% | +0.06 pp |
| Q1 2013 | 2013-03-31 | 3.22% | +0.17 pp |
| Q4 2012 | 2012-12-31 | 3.95% | +0.39 pp |
| Q3 2012 | 2012-09-30 | 3.77% | +0.23 pp |
| Q2 2012 | 2012-06-30 | 3.58% | +0.39 pp |
| Q1 2012 | 2012-03-31 | 3.04% | −0.41 pp |
| Q4 2011 | 2011-12-31 | 3.56% | −0.45 pp |
| Q3 2011 | 2011-09-30 | 3.54% | −0.79 pp |
| Q2 2011 | 2011-06-30 | 3.18% | −0.25 pp |
| Q1 2011 | 2011-03-31 | 3.45% | +0.04 pp |
| Q4 2010 | 2010-12-31 | 4.00% | — |
| Q3 2010 | 2010-09-30 | 4.33% | +0.24 pp |
| Q2 2010 | 2010-06-30 | 3.43% | −0.28 pp |
| Q1 2010 | 2010-03-31 | 3.41% | — |
| Q3 2009 | 2009-09-30 | 4.09% | — |
| Q2 2009 | 2009-06-30 | 3.71% | — |
Hub Group operating margin trends
Over the last five fiscal years, Hub Group's operating margin decreased from 4.16% to 3.55%, a change of −0.60 percentage points. The latest reported quarter, Q3 2025, shows 4.22%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 source filings ↗Community posts
Hub Group receives Nasdaq delisting determination over delayed filings
Hub Group ($HUBG) received a Nasdaq staff determination to delist its shares because it has not filed its annual report for 2025 or its first two quarterly reports for 2026. The company intends to appeal and seek additional time to regain c ...
