HUBB vs. AZZ
HUBB (Hubbell Incorporated) and AZZ (AZZ Inc.) are both stocks. Both operate in the Electrical Equipment & Parts industry within the Industrials sector. Over the past 10 years, HUBB returned 18.79%/yr vs 11.24%/yr for AZZ. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
HUBB vs. AZZ - Performance Comparison
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Returns By Period
In the year-to-date period, HUBB achieves a 6.28% return, which is significantly lower than AZZ's 40.52% return. Over the past 10 years, HUBB has outperformed AZZ with an annualized return of 18.79%, while AZZ has yielded a comparatively lower 11.24% annualized return.
HUBB
- 1D
- 0.37%
- 1M
- -3.14%
- YTD
- 6.28%
- 6M
- 1.99%
- 1Y
- 22.11%
- 3Y*
- 16.24%
- 5Y*
- 22.43%
- 10Y*
- 18.79%
AZZ
- 1D
- 7.05%
- 1M
- 1.38%
- YTD
- 40.52%
- 6M
- 37.23%
- 1Y
- 63.58%
- 3Y*
- 56.52%
- 5Y*
- 24.16%
- 10Y*
- 11.24%
HUBB vs. AZZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HUBB Hubbell Incorporated | 6.28% | 7.43% | 28.94% | 42.40% | 15.08% | 35.60% | 8.89% | 52.88% | -24.61% | 18.83% |
AZZ AZZ Inc. | 40.52% | 31.89% | 42.35% | 46.82% | -26.09% | 18.10% | 5.34% | 15.65% | -19.88% | -19.00% |
Correlation
The correlation between HUBB and AZZ is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Dec 24, 2015 | 0.53 |
The correlation between HUBB and AZZ has been stable across timeframes, ranging from 0.50 to 0.53 - a consistent structural relationship.
Fundamentals
HUBB:
$25.02B
AZZ:
$4.53B
HUBB:
$16.89
AZZ:
$10.51
HUBB:
27.78
AZZ:
14.29
HUBB:
1.16
AZZ:
0.10
HUBB:
4.20
AZZ:
2.75
HUBB:
6.62
AZZ:
3.38
HUBB:
$6.00B
AZZ:
$1.65B
HUBB:
$2.13B
AZZ:
$394.96M
HUBB:
$1.44B
AZZ:
$564.26M
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Return for Risk
HUBB vs. AZZ — Risk / Return Rank
HUBB
AZZ
HUBB vs. AZZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hubbell Incorporated (HUBB) and AZZ Inc. (AZZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HUBB | AZZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.35 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 3.52 | -2.24 |
| Martin ratioReturn relative to average drawdown | 3.40 | 7.73 | -4.33 |
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Drawdowns
HUBB vs. AZZ - Drawdown Comparison
The maximum HUBB drawdown since its inception was -41.63%, smaller than the maximum AZZ drawdown of -77.87%. Use the drawdown chart below to compare losses from any high point for HUBB and AZZ.
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Drawdown Indicators
| HUBB | AZZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.63% | -77.87% | +36.24% |
Max Drawdown (1Y)Largest decline over 1 year | -17.36% | -18.16% | +0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -32.65% | -23.66% | -8.99% |
Max Drawdown (5Y)Largest decline over 5 years | -32.65% | -46.23% | +13.58% |
Max Drawdown (10Y)Largest decline over 10 years | -41.63% | -68.02% | +26.39% |
Current DrawdownCurrent decline from peak | -15.62% | 0.00% | -15.62% |
Average DrawdownAverage peak-to-trough decline | -7.43% | -31.96% | +24.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 8.26% | -1.75% |
Volatility
HUBB vs. AZZ - Volatility Comparison
The current volatility for Hubbell Incorporated (HUBB) is 8.30%, while AZZ Inc. (AZZ) has a volatility of 12.23%. This indicates that HUBB experiences smaller price fluctuations and is considered to be less risky than AZZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HUBB | AZZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 12.23% | -3.93% |
Volatility (6M)Calculated over the trailing 6-month period | 22.61% | 23.90% | -1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.80% | 30.85% | -2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.22% | 33.77% | -4.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.79% | 35.71% | -6.92% |
Dividends
HUBB vs. AZZ - Dividend Comparison
HUBB's dividend yield for the trailing twelve months is around 1.19%, more than AZZ's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZZ AZZ Inc. | 0.53% | 0.69% | 0.83% | 1.17% | 1.69% | 1.23% | 1.43% | 1.48% | 1.68% | 1.33% | 0.97% | 1.08% |
HUBB Hubbell Incorporated | 1.19% | 1.21% | 1.19% | 1.39% | 1.82% | 1.92% | 2.37% | 2.32% | 3.17% | 2.12% | 2.22% | 0.00% |
Financials
HUBB vs. AZZ - Financials Comparison
This section allows you to compare key financial metrics between Hubbell Incorporated and AZZ Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HUBB vs. AZZ - Profitability Comparison
HUBB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hubbell Incorporated reported a gross profit of 505.30M and revenue of 1.52B. Therefore, the gross margin over that period was 33.3%.
AZZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported a gross profit of 87.59M and revenue of 385.10M. Therefore, the gross margin over that period was 22.8%.
HUBB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hubbell Incorporated reported an operating income of 263.80M and revenue of 1.52B, resulting in an operating margin of 17.4%.
AZZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported an operating income of 57.13M and revenue of 385.10M, resulting in an operating margin of 14.8%.
HUBB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hubbell Incorporated reported a net income of 181.80M and revenue of 1.52B, resulting in a net margin of 12.0%.
AZZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported a net income of 15.93M and revenue of 385.10M, resulting in a net margin of 4.1%.
Frequently Asked Questions
HUBB and AZZ have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AZZ has higher volatility (12.23%) compared to HUBB (8.30%). In terms of maximum drawdown, HUBB dropped -41.63% vs AZZ's -77.87%.
AZZ currently has the higher Sharpe Ratio (2.07 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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