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| Date | Value |
|---|---|
| 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% |