Hubbell (HUBB) Tax Rate (2009 - 2026)

Hubbell's (HUBB) quarterly Tax Rate came in at 22.59% in Q1 2026, up 44.0% year-on-year from 15.69% in Q1 2025, and up 12.94% on a QoQ basis from 20.0% in Q4 2025.

Hubbell (HUBB) Tax Rate (2009 - 2026) Analysis & Trends

Hubbell (HUBB) has 18 years of Tax Rate data on file, last reported at 22.59% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 44.0% year-over-year to 22.59% in Q1 2026; TTM through Mar 2026 was 20.43%, a 91.0% decrease from a year earlier, with the FY2025 full-year figure at 20.3%, down 176.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.59%, up from 20.0% in the prior quarter.
  • Over the last five years, Tax Rate for HUBB reached as high as 25.97% in Q1 2024 and fell as low as 17.34% in Q4 2023.
  • Historically, Tax Rate has averaged 21.53% across 5 years, with a median of 22.1% in 2022.
  • Across the five-year window, Tax Rate jumped 623 bps in 2022 and tumbled 382 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 20.98% in 2022, then declined by 17 bps to 17.34% in 2023, then increased by 9 bps to 18.88% in 2024, then climbed by 6 bps to 20.0% in 2025, then climbed by 13 bps to 22.59% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 22.59% in Q1 2026, 20.0% in Q4 2025, and 17.49% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 11.00%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 0.60%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 22.59%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 20.63%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 3.86%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -409.26%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 25.73%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 22.01%
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 22.43%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 18.88%
Sep 30, 2024 21.01%
Sep 30, 2024 21.01%