Hub (HUBG) Tax Rate (2009 - 2025)

Hub (HUBG) recorded quarterly Tax Rate of 24.9% in Q3 2025, up 3.62% quarter-over-quarter from 24.03% in Q2 2025, and up 167.0% on a YoY basis from 9.32% in Q3 2024.

Hub (HUBG) Tax Rate (2009 - 2025) Analysis & Trends

Hub's Tax Rate history runs 17 years deep, the most recent figure standing at 24.9% for Q3 2025.

  • In Q3 2025, Tax Rate rose 167.0% year-over-year to 24.9%; the TTM figure through Sep 2025 stood at 22.9% (up 471.0% YoY), while the FY2024 annual figure was 21.5%, up 158.0% from the prior year.
  • Tax Rate was 24.9% for Q3 2025 at Hub, up from 24.03% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.3% in Q4 2021 to a low of 3.33% in Q4 2023.
  • Historically, Tax Rate has averaged 22.35% across 5 years, with a median of 23.7% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 1987 bps in 2023, then surged 1477 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 27.3% in 2021, then dropped by 15 bps to 23.2% in 2022, then tumbled by 86 bps to 3.33% in 2023, then soared by 443 bps to 18.1% in 2024, then surged by 38 bps to 24.9% in 2025.
  • The last three Tax Rate figures came in at 24.9% (Q3 2025), 24.03% (Q2 2025), and 23.7% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 23.13%
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 16.39%
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 25.16%
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 11.66%
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -25.96%
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 25.19%
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 70.59%
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -21.36%
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 27.76%
10 Hub 2.58 Mn 2.11 Mn 250.84 Mn 24.90%

Historic Data

Download Data
DateValue
Sep 30, 2025 24.90%
Sep 30, 2025 24.90%
Jun 30, 2025 24.03%
Jun 30, 2025 24.03%
Mar 31, 2025 23.70%
Mar 31, 2025 23.70%
Dec 31, 2024 18.10%
Dec 31, 2024 18.10%
Sep 30, 2024 23.22%
Sep 30, 2024 23.22%
Jun 30, 2024 22.79%
Jun 30, 2024 22.79%
Mar 31, 2024 21.50%
Mar 31, 2024 21.50%
Dec 31, 2023 3.33%
Dec 31, 2023 3.33%
Sep 30, 2023 26.90%
Sep 30, 2023 26.90%
Jun 30, 2023 23.90%
Jun 30, 2023 23.90%