Hubbell (HUBB) Tax Provisions (2009 - 2026)
Hubbell (HUBB) posted quarterly Tax Provisions of $61.5 million for Q2 2026, down 11.76% year-over-year from $69.7 million in Q2 2025, and up 15.17% quarter-over-quarter from $53.4 million in Q1 2026.
Hubbell (HUBB) Tax Provisions (2009 - 2026) Analysis & Trends
Hubbell (HUBB) has reported Tax Provisions for 18 consecutive years, with $61.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 11.76% year-over-year to $61.5 million; the TTM figure through Jun 2026 stood at $225.6 million (up 0.94% YoY), while the FY2025 annual figure was $227.2 million, up 2.3% from the prior year.
- Tax Provisions rose to $61.5 million in Q2 2026 per HUBB's latest filing, from $53.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $69.7 million in Q2 2025 and bottomed at $29.6 million in Q1 2022.
- Historically, Tax Provisions has averaged $51.2 million across 5 years, with a median of $52.8 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 130.18% — and 2026, when it decreased 11.76%.
- Hubbell's Tax Provisions stood at $32.9 million in 2022, then advanced by 4.56% to $34.4 million in 2023, then soared by 34.88% to $46.4 million in 2024, then gained by 21.34% to $56.3 million in 2025, then advanced by 9.24% to $61.5 million in 2026.
- Business Quant data shows HUBB's Tax Provisions at $61.5 million in Q2 2026, $53.4 million in Q1 2026, and $56.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 122.20 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 1.50 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 61.50 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 66.20 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 12.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 44.20 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 16.96 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 18.56 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 207,000.00 |
| 10 | Hayward Holdings | 3.17 Bn | 2.69 Bn | 155.05 Mn | 13.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.50 Mn |
| Mar 31, 2026 | 53.40 Mn |
| Dec 31, 2025 | 56.30 Mn |
| Sep 30, 2025 | 54.40 Mn |
| Jun 30, 2025 | 69.70 Mn |
| Mar 31, 2025 | 46.80 Mn |
| Dec 31, 2024 | 46.40 Mn |
| Sep 30, 2024 | 60.60 Mn |
| Jun 30, 2024 | 66.20 Mn |
| Mar 31, 2024 | 52.30 Mn |
| Dec 31, 2023 | 34.40 Mn |
| Sep 30, 2023 | 63.00 Mn |
| Jun 30, 2023 | 65.60 Mn |
| Mar 31, 2023 | 51.60 Mn |
| Dec 31, 2022 | 32.90 Mn |
| Sep 30, 2022 | 38.80 Mn |
| Jun 30, 2022 | 38.90 Mn |
| Mar 31, 2022 | 29.60 Mn |
| Dec 31, 2021 | 22.60 Mn |
| Sep 30, 2021 | 27.50 Mn |