Filing Flows › Hub Group (HUBG) › Q4 2024
Hub Group (HUBG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 25, 2025
Hub Group (HUBG) reported revenue of $974M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and -1% from the quarter before. Operating margin was 3.2%, net earnings $24.4M (2.5% of revenue).
Hub Group, Q4 2024: revenue $974M (-1% year over year), operating margin 3.2%, net earnings $24.4M, operating cash flow $604K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $974M | -1% | -1% |
| Operating profit | $31.5M | -2% | +7% |
| Net earnings | $24.4M | +3% | -15% |
| Operating cash flow | $604K | -99% | -99% |
What changed
Revenue was $973.5M in Q4 2024, down 1% year over year and down 1% from the previous quarter.
Operating profit was $31.5M, a 3.2% margin (up 0.3 points year over year). Total costs fell 1% while revenue fell 1%. Net earnings were $24.3M, down 16% year over year. The effective tax rate was 18.1%.
Operating cash flow was $604K (down 99% year over year), 2% of net earnings. Non-cash charges added back $47.1M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items used $75.3M. Capital expenditures of $7.6M exceeded it, leaving free cash flow of −$7.0M.
Questions
What was Hub Group's revenue in the fourth quarter 2024?
Hub Group (HUBG) reported revenue of $974M for the fourth quarter 2024 (Q4 2024), -1% from a year earlier and -1% from the quarter before.
Was Hub Group profitable in the fourth quarter 2024?
Operating profit was $31.5M (3.2% of revenue) and net earnings $24.4M.
Source: Hub Group 10-K on SEC EDGAR.