Hub (HUBG) Tax Rate (2009 - 2025)
Hub (HUBG) posted Tax Rate of 24.9% for Q3 2025, up 3.62% on a QoQ basis from 24.03% in Q2 2025, and up 167.0% year-over-year from 9.32% in Q3 2024.
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Analysis
Hub (HUBG) Tax Rate (2009 - 2025) Analysis & Trends
Hub has reported Tax Rate for 17 years, with the latest figure at 24.9% in Q3 2025.
- On a quarterly basis, Tax Rate rose 167.0% year-over-year to 24.9% in Q3 2025; TTM through Sep 2025 was 30.55%, a 1237.0% increase from a year earlier, with the FY2024 full-year figure at 29.41%, up 949.0% from the prior year.
- Tax Rate was 24.9% for Q3 2025 at Hub, up from 24.03% in the prior quarter.
- The five-year high for Tax Rate was 53.31% in Q4 2024, with the low at 3.33% in Q4 2023.
- Average Tax Rate over 5 years is 24.5%, with a median of 23.8% recorded in 2021.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 1988 bps in 2023, then soared 4998 bps in 2024.
- Over 5 years, Tax Rate stood at 32.81% in 2021, then slipped by 29 bps to 23.21% in 2022, then tumbled by 86 bps to 3.33% in 2023, then jumped by 1500 bps to 53.31% in 2024, then tumbled by 53 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Copart | 27.11 Bn | 23.77 Bn | 732.88 Mn | 20.06% |
| 2 | Expeditors International Of Washington | 24.83 Bn | 23.80 Bn | 1.09 Bn | 25.44% |
| 3 | C. H. Robinson Worldwide | 17.92 Bn | 17.76 Bn | 1.11 Bn | 21.47% |
| 4 | Rb Global | 15.40 Bn | 14.87 Bn | 935.50 Mn | 22.80% |
| 5 | Ryder System | 9.14 Bn | 9.14 Bn | 1.45 Bn | 28.11% |
| 6 | Landstar System | 5.78 Bn | 5.43 Bn | 308.86 Mn | 25.17% |
| 7 | GXO Logistics | 5.27 Bn | 4.53 Bn | 508.00 Mn | 43.75% |
| 8 | Rxo | 3.34 Bn | 3.32 Bn | 302.00 Mn | -12.50% |
| 9 | Hub | 1.98 Bn | 1.89 Bn | 250.84 Mn | 24.90% |
| 10 | Cryoport | 862.04 Mn | 465.34 Mn | 22.82 Mn | -6.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 24.90% |
| Jun 30, 2025 | 24.03% |
| Mar 31, 2025 | 23.70% |
| Dec 31, 2024 | 53.31% |
| Sep 30, 2024 | 23.22% |
| Jun 30, 2024 | 22.79% |
| Mar 31, 2024 | 21.50% |
| Dec 31, 2023 | 3.33% |
| Sep 30, 2023 | 26.90% |
| Jun 30, 2023 | 23.90% |
| Mar 31, 2023 | 19.40% |
| Dec 31, 2022 | 23.21% |
| Sep 30, 2022 | 24.20% |
| Jun 30, 2022 | 24.40% |
| Mar 31, 2022 | 22.90% |
| Dec 31, 2021 | 32.81% |
| Sep 30, 2021 | 25.26% |
| Jun 30, 2021 | 23.80% |
| Mar 31, 2021 | 21.87% |
| Dec 31, 2020 | 22.90% |
API Access
Hub 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=HUBG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HUBG", "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=HUBG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();