Hubbell (HUBB) Tax Rate (2009 - 2026)
Hubbell (HUBB) posted quarterly Tax Rate of 20.25% for Q2 2026, down 186.0% year-over-year from 23.55% in Q2 2025, and down 10.35% quarter-over-quarter from 22.59% in Q1 2026.
Hubbell (HUBB) Tax Rate (2009 - 2026) Analysis & Trends
Hubbell (HUBB) has reported Tax Rate for 18 consecutive years, with 20.25% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 186.0% year-over-year to 20.25%; the TTM figure through Jun 2026 stood at 19.92% (down 115.0% YoY), while the FY2025 annual figure was 20.3%, down 176.0% from the prior year.
- Tax Rate fell to 20.25% in Q2 2026 per HUBB's latest filing, from 22.59% in the prior quarter.
- Across five years, Tax Rate topped out at 25.97% in Q1 2024 and bottomed at 17.34% in Q4 2023.
- Historically, Tax Rate has averaged 21.46% across 5 years, with a median of 22.03% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate soared 623 bps — and 2025, when it sank 382 bps.
- Hubbell's Tax Rate stood at 20.98% in 2022, then slipped by 17 bps to 17.34% in 2023, then climbed by 9 bps to 18.88% in 2024, then gained by 6 bps to 20.0% in 2025, then grew by 1 bps to 20.25% in 2026.
- Business Quant data shows HUBB's Tax Rate at 20.25% in Q2 2026, 22.59% in Q1 2026, and 20.0% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 19.71% |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.75% |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 20.25% |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 23.48% |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 18.17% |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 23.87% |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 24.54% |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 13.75% |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -0.11% |
| 10 | Hayward Holdings | 3.17 Bn | 2.69 Bn | 155.05 Mn | 23.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.25% |
| Jun 30, 2026 | 20.25% |
| Jun 30, 2026 | 20.25% |
| Mar 31, 2026 | 22.59% |
| Mar 31, 2026 | 22.59% |
| Mar 31, 2026 | 22.59% |
| Dec 31, 2025 | 20.00% |
| Dec 31, 2025 | 20.00% |
| Dec 31, 2025 | 20.00% |
| Sep 30, 2025 | 17.49% |
| Sep 30, 2025 | 17.49% |
| Sep 30, 2025 | 17.49% |
| Jun 30, 2025 | 22.11% |
| Jun 30, 2025 | 22.11% |
| Jun 30, 2025 | 22.11% |
| Mar 31, 2025 | 22.15% |
| Mar 31, 2025 | 22.15% |
| Mar 31, 2025 | 22.15% |
| Dec 31, 2024 | 18.88% |
| Dec 31, 2024 | 18.88% |