Fundamentals Hub
▼ FY 2024 Summary Analysis
Annual report ending Dec 31, 2024Overview and Growth
Hub Group, Inc. generated $3.95B of revenue in fiscal 2024, with net income of $103.99M and an operating cash inflow of $194.42M. Revenue of $3.95B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 6.1% below fiscal 2023 revenue of $4.20B, marking a top-line contraction. The company reported diluted EPS of $1.70, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 35.1% decrease from fiscal 2023 diluted EPS of $2.62. The revenue-to-assets relationship was 1.38x, showing the sales generated relative to the resources carried on the balance sheet.Profitability
Operating income was $140.29M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Relative to revenue, operating income represented 3.6%, showing how efficiently sales converted into operating profit. The bottom-line result was net income of $103.99M, after the operating, financing, tax, and other items recognized for the period. The final earnings result represented 2.6% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $132.55M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 3.4%, relating income before taxes directly to revenue. The reported income-tax provision was $28.50M, the amount recognized between pretax income and the final net-income result. The income-tax provision equaled 21.5% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 6.1%, relating annual net income to the equity capital on the balance sheet. Net income represented 3.6% of period-end assets, placing the company’s bottom-line result against the total resource base employed.Liquidity and Capital Structure
The company held $2.87B of assets against $1.18B of liabilities and $1.69B of equity, revealing how the asset base was financed. Current assets were $768.33M against $579.48M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 1.33x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. The company held $98.25M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 17.0% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $264.36M, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 0.16x, placing the company’s financial leverage in clear balance-sheet terms. Debt represented 9.2% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 41.0%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 3.4% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 2.3% lower than fiscal 2023 assets of $2.94B, measuring the company’s own balance-sheet change.Cash Flow and Earnings Quality
Operating activities produced a cash inflow of $194.42M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 1.87x, comparing cash generated by operations with the bottom-line earnings result. Capital spending was $50.85M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 26.2% of operating cash flow, quantifying the share of cash from operations directed to investment. The combination of operating cash flow and capital spending produced $143.57M of positive free cash flow for the period. Free cash flow represented 3.6% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 5.0%, comparing post-investment cash with the balance-sheet asset base.
Based on the annual report for the fiscal year ending Dec 31, 2024.
Analysis generated .