Hub Group, Inc. (HUBG)

Nasdaq Industrials Air Freight & Logistics S&P SmallCap 600

$24.22

-0.86 (-3.43%)

Close of Nov 06, 2026 · end-of-day data

Source: Hub Group, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$2.75B	$3.12B	$3.68B	$3.67B	$3.50B	$4.23B	$5.34B	$4.20B	$3.95B
Cost of revenue	$2.42B	$2.79B	$3.24B	$3.15B	$3.07B	$3.63B	$4.45B	—	—
Gross profit	$331.32M	$337.63M	$445.60M	$521.07M	$425.44M	$599.64M	$889.50M	—	—
Operating income	$96.56M	$72.67M	$124.92M	$152.42M	$105.83M	$238.46M	$474.72M	$212.23M	$140.29M
Interest expense	$3.62M	$6.75M	$9.61M	$10.99M	$9.34M	$7.31M	$7.51M	$13.44M	$14.46M
Pre-tax income	$94.03M	$66.93M	$116.72M	$143.87M	$96.10M	$230.91M	$467.96M	$209.20M	$132.55M
Income tax	$36.38M	-$53.08M	$29.06M	$36.70M	$22.54M	$59.44M	$111.01M	$41.68M	$28.50M
Net income	$74.81M	$135.15M	$201.74M	$107.17M	$73.56M	$171.47M	$356.95M	$167.53M	$103.99M
EBITDA	$141.27M	$134.84M	$208.83M	$269.31M	$229.50M	$369.09M	$628.45M	$396.68M	$332.85M
EPS (basic)	$2.21	$4.07	$6.04	$3.22	$2.22	$2.56	$5.37	$2.65	$1.72
EPS (diluted)	$2.20	$4.05	$6.01	$3.20	$2.19	$2.53	$5.32	$2.62	$1.70
Diluted shares	33.95M	33.35M	33.56M	33.48K	33.54K	67.78K	67.12K	63.95K	61.10K
Gross margin	12.0%	10.8%	12.1%	14.2%	12.2%	14.2%	16.7%	—	—
Operating margin	3.5%	2.3%	3.4%	4.2%	3.0%	5.6%	8.9%	5.1%	3.6%
Net margin	2.7%	4.3%	5.5%	2.9%	2.1%	4.1%	6.7%	4.0%	2.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Cash & equivalents	$127.40M	$28.56M	$61.44M	$168.73M	$124.51M	$159.78M	$286.64M	$187.27M	$98.25M
Receivables	$473.61M	$424.68M	$477.09M	$443.54M	—	—	—	—	—
Total current assets	$622.29M	$656.06M	$588.69M	$640.22M	$672.84M	$894.29M	$1.06B	$849.25M	$768.33M
Goodwill	$262.38M	$319.27M	$483.58M	$484.46M	$508.56M	$576.91M	$629.40M	$733.70M	$814.31M
Total assets	$1.36B	$1.67B	$1.92B	$1.99B	$2.11B	$2.44B	$2.81B	$2.94B	$2.87B
Total current liabilities	$417.72M	$519.54M	$526.76M	$507.36M	$529.11M	$687.07M	$691.77M	$658.21M	$579.48M
Short-term debt	$45.16M	$77.27M	$101.71M	$94.69M	$93.56M	$97.27M	$101.74M	$105.11M	$100.00M
Long-term debt	$115.53M	$214.81M	$229.07M	$186.93M	$176.80M	$177.48M	$240.72M	$245.57M	$164.36M
Total debt	$160.69M	$292.07M	$330.78M	$281.62M	$270.36M	$274.75M	$342.46M	$350.68M	$264.36M
Total liabilities	$732.08M	$901.07M	$944.06M	$916.29M	$947.47M	$1.10B	$1.21B	$1.30B	$1.22B
Shareholders' equity	$628.18M	$769.87M	$980.83M	$1.08B	$1.16B	$1.34B	$1.60B	$1.63B	$1.64B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Operating cash flow	$102.47M	$125.22M	$210.84M	$254.51M	$174.95M	$252.84M	$458.16M	$422.16M	$194.42M
Capital expenditures	$107.41M	$74.54M	$199.79M	$94.85M	$115.31M	$132.95M	$219.14M	$140.07M	$50.85M
Free cash flow	-$4.94M	$50.68M	$11.05M	$159.66M	$59.65M	$119.88M	$239.02M	$282.09M	$143.57M
Investing cash flow	-$105.35M	-$235.15M	-$209.49M	-$66.12M	-$196.86M	-$210.13M	-$278.87M	-$373.16M	-$53.33M
Financing cash flow	-$77.36M	$11.07M	$31.55M	-$81.09M	-$22.30M	-$7.41M	-$52.46M	-$148.41M	-$201.33M
Dividends paid	—	—	—	—	—	—	$0	$0	$30.25M
Share buybacks	$100.00M	—	—	$25.00M	$0	$0	$75.00M	$143.77M	$68.27M
Stock-based compensation	$8.48M	$9.87M	$13.48M	$16.29M	$17.05M	$20.06M	$20.43M	$21.35M	$19.16M
Depreciation & amortization	$44.71M	$62.17M	$83.91M	$116.89M	$123.68M	$130.63M	$153.73M	$184.45M	$192.56M

Income statement

quarters · USD

Quarter ended	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Revenue	$1.29B	$1.15B	$1.04B	$1.02B	$985.02M	$999.49M	$986.50M	$986.89M	$973.51M	$915.22M	$905.65M	$934.50M
Cost of revenue	$1.08B	—	—	—	—	—	—	—	—	—	—	—
Gross profit	$204.42M	—	—	—	—	—	—	—	—	—	—	—
Operating income	$104.29M	$78.20M	$62.07M	$42.55M	$29.40M	$37.14M	$39.53M	$32.10M	$31.52M	$37.34M	$34.35M	$39.44M
Interest expense	$2.21M	$2.97M	$3.12M	$3.54M	$3.81M	$3.90M	$3.69M	$3.58M	$3.29M	$3.25M	$3.15M	$3.02M
Pre-tax income	$103.22M	$76.65M	$61.11M	$41.67M	$29.78M	$34.46M	$37.58M	$30.74M	$29.76M	$35.64M	$32.95M	$38.52M
Income tax	$23.95M	$14.87M	$14.61M	$11.21M	$992.00K	$7.41M	$8.57M	$7.14M	$5.39M	$8.45M	$7.92M	$9.59M
Net income	$79.27M	$61.78M	$46.51M	$30.46M	$28.79M	$27.05M	$29.02M	$23.60M	$24.32M	$26.85M	$25.25M	$28.55M
EBITDA	$146.60M	$124.02M	$107.73M	$87.86M	$77.08M	$86.74M	$89.02M	$78.47M	$78.61M	$84.38M	$81.75M	$85.83M
EPS (basic)	$-2.92	$0.95	$0.73	$0.49	$0.48	$0.44	$0.48	$0.39	$0.41	$0.45	$0.42	$0.48
EPS (diluted)	$-2.89	$0.94	$0.72	$0.48	$0.47	$0.44	$0.47	$0.39	$0.40	$0.44	$0.42	$0.47
Diluted shares	33.31K	65.68K	64.59K	62.99K	-462	61.67K	61.11K	60.95K	-137	60.42K	60.21K	60.33K
Gross margin	15.9%	—	—	—	—	—	—	—	—	—	—	—
Operating margin	8.1%	6.8%	6.0%	4.2%	3.0%	3.7%	4.0%	3.3%	3.2%	4.1%	3.8%	4.2%
Net margin	6.2%	5.4%	4.5%	3.0%	2.9%	2.7%	2.9%	2.4%	2.5%	2.9%	2.8%	3.1%

Balance sheet

quarters · USD

Quarter ended	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Cash & equivalents	$286.64M	$342.57M	$342.43M	$400.69M	$187.27M	$195.36M	$220.25M	$186.14M	$98.25M	$112.67M	$137.05M	$119.70M
Total current assets	$1.06B	$1.07B	$989.91M	$1.08B	$849.25M	$827.96M	$836.71M	$805.40M	$768.33M	$752.81M	$745.44M	$788.33M
Goodwill	$629.40M	$629.41M	$629.41M	$629.77M	$733.70M	$735.46M	$771.89M	$772.54M	$814.31M	$812.24M	$804.02M	$818.15M
Total assets	$2.81B	$2.89B	$2.80B	$2.92B	$2.94B	$2.89B	$2.86B	$2.83B	$2.87B	$2.82B	$2.80B	$2.90B
Total current liabilities	$691.77M	$637.71M	$593.74M	$656.29M	$658.21M	$648.60M	$635.15M	$617.91M	$579.48M	$555.42M	$525.93M	$535.00M
Short-term debt	$101.74M	$97.90M	$98.35M	$102.77M	$105.11M	$104.03M	$103.19M	$99.85M	$100.00M	$99.56M	$97.64M	$94.52M
Long-term debt	$240.72M	$236.16M	$238.21M	$243.83M	$245.57M	$230.78M	$209.88M	$187.24M	$164.36M	$152.50M	$134.28M	$160.48M
Total debt	$342.46M	$334.06M	$336.56M	$346.61M	$350.68M	$334.81M	$313.07M	$287.09M	$264.36M	$252.07M	$231.92M	$255.00M
Total liabilities	$1.21B	$1.23B	$1.19B	$1.29B	$1.30B	$1.27B	$1.22B	$1.21B	$1.22B	$1.17B	$1.13B	$1.20B
Shareholders' equity	$1.60B	$1.66B	$1.61B	$1.63B	$1.63B	$1.62B	$1.64B	$1.63B	$1.64B	$1.65B	$1.67B	$1.70B

Cash flow

quarters · USD

Quarter ended	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Operating cash flow	$107.69M	$89.38M	$132.01M	$101.30M	$99.48M	$80.52M	$69.95M	$43.35M	$604.00K	$70.03M	$61.50M	$28.10M
Capital expenditures	$61.48M	$26.84M	$38.79M	$40.03M	$34.40M	$17.52M	$13.73M	$11.96M	$7.63M	$19.19M	$11.29M	$8.71M
Free cash flow	$46.22M	$62.53M	$93.22M	$61.26M	$65.08M	$62.99M	$56.22M	$31.39M	-$7.02M	$50.84M	$50.21M	$19.39M
Investing cash flow	-$52.54M	-$16.57M	-$33.83M	-$34.96M	-$287.81M	-$14.08M	-$7.72M	-$7.92M	-$23.60M	-$15.56M	-$10.86M	-$60.62M
Financing cash flow	$19.56M	-$16.90M	-$98.35M	-$8.06M	-$25.10M	-$58.35M	-$37.32M	-$69.53M	-$36.13M	-$40.31M	-$28.13M	$15.29M
Dividends paid	—	$0	$0	$0	$0	$7.63M	$7.60M	$7.50M	$7.51M	$7.50M	$7.50M	$7.50M
Share buybacks	$0	$0	$100.03M	$17.33M	$26.42M	$25.76M	$7.18M	$35.34M	$0	$13.81M	$0	$0
Stock-based compensation	$5.45M	$5.24M	$5.38M	$5.42M	$5.32M	$4.04M	$5.39M	$5.26M	$4.46M	$4.65M	$4.69M	$5.05M
Depreciation & amortization	$42.31M	$45.81M	$45.66M	$45.30M	$47.67M	$49.60M	$49.49M	$46.37M	$47.09M	$47.05M	$47.40M	$46.39M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.