# Hub Group, Inc. (HUBG)

> Source: Nexqual · https://nexqual.com/HUBG · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Hub Group, Inc. (HUBG), nexqual.com/HUBG" · informational, not investment advice.

**Price:** USD 26.47 (+1.61% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 26.05 · day 25.73–26.84 · 52w 25.5–53.26 · market cap $1.62B · NMS

## Key facts
- Last four reported quarters (through Sep 30, 2025): revenue $3.73B, net income $105M (2.8% margin), free cash flow $113M (SEC filings).
- Valuation: P/E 15.4x (avg 17.1x at the last 3 fiscal year-ends), EV/EBITDA 5.8x, net debt $135M.
- 1 of 80 tracked superinvestors hold HUBG (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.46 on a 1–5 scale) (13 analysts), mean target USD 37.17 (range 28–49).
- Total return with dividends: 1Y -23.7% vs S&P 500 +14.9%; 5Y -29.5% vs S&P 500 +80.3%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.50B | $4.23B | $5.34B | $4.20B | $3.95B | $3.73B |
| Gross profit | $425M | $600M | $890M | — | — | — |
| Operating income | $106M | $238M | $475M | $212M | $140M | $143M |
| Net income | $73.6M | $171M | $357M | $168M | $104M | $105M |
| EPS (diluted) | $1.09 | $2.53 | $5.32 | $2.62 | $1.70 | — |
| Free cash flow | $59.6M | $120M | $239M | $282M | $144M | $113M |
| Gross margin | 12.2% | 14.2% | 16.7% | — | — | — |
| Operating margin | 3.0% | 5.6% | 8.9% | 5.1% | 3.6% | 3.8% |
| Net margin | 2.1% | 4.1% | 6.7% | 4.0% | 2.6% | 2.8% |
| Revenue growth | -4.7% | +21.1% | +26.2% | -21.3% | -6.1% | — |
| Cash + short-term investments | $125M | $160M | $287M | $187M | $98.2M | — |
| Total debt | $270M | $275M | $342M | $351M | $264M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Sep 30, 2025)
P/E 15.4x · P/S 0.4x · EV/EBITDA 5.8x · EV/Sales 0.5x · P/FCF 14.3x · P/B 0.9x · FCF yield 7.01% · Earnings yield 6.48% · Dividend yield (paid, TTM) 1.85% · Buyback yield (TTM) 0.85% · Net debt $135M · EV $1.75B
P/E at fiscal year-ends: Dec 2024 26.2x, Dec 2023 17.5x, Dec 2022 7.5x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold HUBG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mairs & Power | Mairs & Power Funds | 0.05% | $5.7M | Reduced -18.8% |

## Analysts
Consensus Buy (mean 2.46 on a 1–5 scale), 13 analysts; mean target USD 37.17 (low 28, high 49).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Baird | Upgrade | Neutral → Outperform | $29 |
| 2026-10-06 | Wells Fargo | Target lowered | Equal-Weight | $35 → $28 |
| 2026-10-05 | JP Morgan | Target lowered | Neutral | $50 → $46 |
| 2026-10-01 | Stifel | Upgrade | Sell → Hold | $29 |
| 2026-09-28 | Barclays | Target lowered | Equal-Weight | $48 → $30 |
| 2026-09-17 | Raymond James | Target lowered | Outperform | $48 → $40 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -23.7% | -29.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -23.8% | -6.7% |
| Volatility (annualized) | 49.1% | 35.5% |
| Max drawdown | -50.6% (Feb 2026→Oct 2026) | -49.5% (Jul 2026→Oct 2026) |

## Peers (Integrated Freight & Logistics)
PBI (Pitney Bowes Inc.) USD 17.54 +0.80% · CYRX (CryoPort, Inc.) USD 17.83 -3.78% · FWRD (Forward Air Corporation) USD 15.62 -0.89% · GXO (GXO Logistics, Inc.) USD 48.91 +0.99% · LSTR (Landstar System, Inc.) USD 169.39 -1.10% · RLGT (Radiant Logistics, Inc.) USD 8.7 -0.80%

## More
Full page: https://nexqual.com/HUBG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2025-12-31) | $0.42 | $0.45 | -4.6% | $917.4M | 7 |
| Next quarter (ends 2026-03-31) | $0.44 | $0.36 | +19.9% | $868.5M | 2 |
| Current fiscal year (ends 2025-12-31) | $1.81 | $1.83 | -1.2% | $3.67B | 8 |
| Next fiscal year (ends 2026-12-31) | $2.16 | $2.01 | +7.6% | $3.73B | 4 |