Hubbell (HUBB) risk factors, FY2025 10-K

Hubbell's FY2025 10-K, filed Feb 12, 2026, lists 24 risk factors in 3 groups. Against the prior year's 24: 3 new, 3 dropped, 3 substantially reworded.

Risk factors listed
243 groups
New this year
3vs 24 last year
Dropped
3since the prior 10-K
Substantially reworded
3of those kept
Section length
6k wordsItem 1A

What the changes say

  • Hubbell updated its disclosures around IT systems, AI competition, and global tax frameworks under OECD rules.

What changed since the prior 10-K

New

  • NewBusiness and Operational Risks

    HUBBELL INCORPORATED - Form 10-K

    IT system failures, acquisition-related tech integration issues, data privacy breaches, or cyber threats could disrupt operations and damage our financial reporting.

  • NewLegal, Tax and Regulatory Risks

    Evolving international tax frameworks may adversely affect our global tax position

    OECD Pillar Two global minimum tax rules and evolving international tax frameworks create uncertainty that could impact our effective tax rate and cash taxes.

  • NewLegal, Tax and Regulatory Risks

    Given the interpretive and evolving nature of tax laws, actual tax payments may differ from those currently recorded

    Intensified enforcement by tax authorities and U.S. legislative proposals regarding corporate taxation could cause actual tax payments to differ from recorded estimates.

Dropped

  • DroppedBusiness and Operational Risks

    We may fail to realize all of the anticipated benefits of the Acquisition of Systems Control or those benefits may take longer to realize than expected

  • DroppedLegal, Tax and Regulatory Risks

    Changes in tax law relating to multinational corporations could adversely affect our tax position

  • DroppedLegal, Tax and Regulatory Risks

    Because tax laws and regulations are subject to interpretation, uncertainty, and change, tax payments may ultimately differ from amounts currently recorded by the Company

Reworded

  • 52% rewrittenIndustry and Economic Risks

    We operate in markets that are subject to competitive pressures that could affect selling prices or demand for our products

    Added logistics and supply chain costs to pricing pressures and updated AI risks to warn that advanced technologies could cause long-term competitive disadvantage.

  • 50% rewrittenBusiness and Operational Risks

    We engage in acquisitions and strategic investments and may encounter difficulty in obtaining appropriate acquisitions and in integrating these businesses

    The risk text for acquisitions and strategic investments was carried over with no substantive changes made.

  • 29% rewrittenBusiness and Operational Risks

    We are subject to risks surrounding our information technology systems and industrial controls systems failures, and the use of emerging technologies, including artificial intelligence, as well as, network disruptions, breaches in data security and compliance with data privacy laws or regulations

    The risk text for IT systems, industrial control systems, and data privacy was carried over with no substantive changes made.

    Was: We are subject to risks surrounding our information technology systems and industrial controls systems failures, network disruptions, breaches in data security and compliance with data privacy laws or regulations

All 24 risk factors

Headings as the filing states them, in filing order.

Industry and Economic Risks

  1. 01Inflation and other unfavorable economic conditions may adversely affect our business results of operations and financial condition
  2. 02We operate in markets that are subject to competitive pressures that could affect selling prices or demand for our products52% rewritten
  3. 03Volatility in currency exchange rates may adversely affect our financial condition, results of operations and cash flows

Business and Operational Risks

  1. 04Our ability to effectively develop and introduce new products could adversely affect our ability to compete
  2. 05We manufacture and source products and materials from various countries throughout the world. A disruption in the availability, price or quality of these products or materials could adversely affect our operating results
  3. 06We may be required to recognize impairment charges for our goodwill and other intangible assets
  4. 07We engage in acquisitions and strategic investments and may encounter difficulty in obtaining appropriate acquisitions and in integrating these businesses50% rewritten
  5. 08We may not be able to successfully implement initiatives, including our continuing restructuring activities that improve productivity and streamline operations to control or reduce costs
  6. 09We are subject to risks surrounding our information technology systems and industrial controls systems failures, and the use of emerging technologies, including artificial intelligence, as well as, network disruptions, breaches in data security and compliance with data privacy laws or regulations29% rewritten
  7. 10HUBBELL INCORPORATED - Form 10-KNew
  8. 11Our ability to access capital markets or failure to maintain our credit ratings may adversely affect our business
  9. 12Deterioration in the credit quality of, loss of, significant decline in business with, or pricing pressure from, our customers could have a material adverse effect on our operating results and financial condition
  10. 13We have outstanding indebtedness; our indebtedness may increase as we engage in acquisitions and other activities to support our growth strategies
  11. 14If the underlying investments of our defined benefit plans do not perform as expected, we may have to make additional contributions to these plans

Legal, Tax and Regulatory Risks

  1. 15Evolving international tax frameworks may adversely affect our global tax positionNew
  2. 16Given the interpretive and evolving nature of tax laws, actual tax payments may differ from those currently recordedNew
  3. 17Our business and results of operations may be materially adversely affected by compliance with import and export laws
  4. 18We could incur significant and/or unexpected costs in our efforts to successfully avoid, manage, defend and litigate intellectual property matters
  5. 19We are subject to litigation and environmental regulations that may adversely impact our operating results
  6. 20Our reputation and our ability to conduct business may be impaired by improper conduct by any of our employees, agents or business partners
  7. 21Regulations related to conflict-free minerals may cause us to incur additional expenses and may create challenges with our customers
  8. 22Our success depends on attracting and retaining qualified personnel
  9. 23We face the potential harms of natural disasters, terrorism, acts of war, international conflicts or other disruptions to our operations
  10. 24Global economic uncertainty could adversely affect us

Other Hubbell 10-Ks

  • FY2024 10-K risk factors
    24 risks

    Hubbell faces significant concentration risk with its top ten customers accounting for approximately 41% of net sales. The company carries $3,581 million in goodwill and intangible assets subject to impairment testing. Acquisitions like Systems Control introduce integration and anticipated benefit realization risks.

    Filed Feb 13, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.