Hubbell (HUBB) Tax Rate (2009 - 2026)
Hubbell (HUBB) recorded Tax Rate of 20.25% in Q2 2026, down 1.86 percentage points from 22.11% a year earlier and down 2.34 percentage points from the prior quarter.
Hubbell (HUBB) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Hubbell's Tax Rate came in at 19.92% as of Jun 30, 2026, down 1.15 percentage points year-over-year; for FY2025, it was 20.30%, down 1.76 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -0.85 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 22.06% in FY2024 (-0.01 pp), 22.07% in FY2023 (+0.73 pp), 21.34% in FY2022 (+2.14 pp) and 19.20% in FY2021 (-1.95 pp).
- Quarterly Tax Rate has ranged from 17.34% in Q4 2023 to 25.97% in Q1 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -1.24 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 6.23 percentage points in Q2 2022, against a drop of 3.82 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.59% (Q1 2026), 20.00% (Q4 2025) and 17.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Hubbell | 23.97 Bn | 21.89 Bn | 613.00 Mn | 20.25% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.25% |
| Mar 31, 2026 | 22.59% |
| Dec 31, 2025 | 20.00% |
| Sep 30, 2025 | 17.49% |
| Jun 30, 2025 | 22.11% |
| Mar 31, 2025 | 22.15% |
| Dec 31, 2024 | 18.88% |
| Sep 30, 2024 | 21.01% |
| Jun 30, 2024 | 23.20% |
| Mar 31, 2024 | 25.97% |
| Dec 31, 2023 | 17.34% |
| Sep 30, 2023 | 23.77% |
| Jun 30, 2023 | 23.96% |
| Mar 31, 2023 | 21.96% |
| Dec 31, 2022 | 20.98% |
| Sep 30, 2022 | 20.34% |
| Jun 30, 2022 | 22.10% |
| Mar 31, 2022 | 22.19% |
| Dec 31, 2021 | 18.24% |
| Sep 30, 2021 | 20.68% |
Hubbell Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HUBB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HUBB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HUBB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();