Hubbell (HUBB) Tax Rate (2009 - 2026)

Hubbell (HUBB) reported Tax Rate of 22.59% for Q1 2026, up 44.0% year-over-year from 15.69% in Q1 2025, and up 12.94% quarter-over-quarter 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.

  • Tax Rate for Q1 2026 came in at 22.59%, up 44.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.43% (down 91.0% YoY), and the FY2025 annual result was 20.3%, down 176.0% from the prior year.
  • Tax Rate rose to 22.59% in Q1 2026 per HUBB's latest filing, from 20.0% in the prior quarter.
  • Over five years, Tax Rate peaked at 25.97% in Q1 2024 and troughed at 17.34% in Q4 2023.
  • A 5-year average of 21.53% and a median of 22.1% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate soared 623 bps in 2022, then sank 382 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 20.98% in 2022, then decreased by 17 bps to 17.34% in 2023, then advanced by 9 bps to 18.88% in 2024, then rose by 6 bps to 20.0% in 2025, then rose by 13 bps to 22.59% in 2026.
  • Business Quant data shows HUBB's Tax Rate at 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 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 11.00%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 0.54%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 20.63%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 22.59%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 3.86%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 25.73%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -0.15%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 21.24%
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 22.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.59%
Mar 31, 2026 22.59%
Dec 31, 2025 20.00%
Dec 31, 2025 20.00%
Sep 30, 2025 17.49%
Sep 30, 2025 17.49%
Jun 30, 2025 22.11%
Jun 30, 2025 22.11%
Mar 31, 2025 22.15%
Mar 31, 2025 22.15%
Dec 31, 2024 18.88%
Dec 31, 2024 18.88%
Sep 30, 2024 21.01%
Sep 30, 2024 21.01%
Jun 30, 2024 23.20%
Jun 30, 2024 23.20%
Mar 31, 2024 25.97%
Mar 31, 2024 25.97%
Dec 31, 2023 17.34%
Dec 31, 2023 17.34%