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 | 89.45 Bn | 83.67 Bn | 18.44 Bn | 23.13 |
| 2 | Fedex | 77.01 Bn | 65.32 Bn | 20.49 Bn | 16.39 |
| 3 | Hunt J B Transport Services | 25.64 Bn | 25.64 Bn | 2.88 Bn | 25.16 |
| 4 | C. H. Robinson Worldwide | 22.16 Bn | 22.00 Bn | 1.50 Bn | 11.66 |
| 5 | Expeditors International Of Washington | 21.88 Bn | 20.56 Bn | 2.84 Bn | -25.96 |
| 6 | Landstar System | 7.06 Bn | 6.65 Bn | 1.16 Bn | 25.19 |
| 7 | GXO Logistics | 5.58 Bn | 4.82 Bn | 490.00 Mn | 70.59 |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -21.36 |
| 9 | Pitney Bowes | 2.55 Bn | 2.24 Bn | 375.39 Mn | 27.76 |
| 10 | Hub | 2.66 Mn | 2.19 Mn | 250.84 Mn | 24.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |