Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2026)
Hydrofarm Holdings' (HYFM) quarterly Tax Rate came in at 0.73% in Q1 2026, up 131.0% year-on-year from 0.32% in Q1 2025, and up 110.01% quarter-over-quarter from 0.35% in Q4 2025.
Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2026) Analysis & Trends
Hydrofarm Holdings' Tax Rate history runs 7 years deep, the most recent figure standing at 0.73% for Q1 2026.
- On a quarterly basis, Tax Rate rose 131.0% year-over-year to 0.73% in Q1 2026; TTM through Mar 2026 was 0.32%, a 143.0% increase from a year earlier, with the FY2025 full-year figure at 0.25%, up 157.0% from the prior year.
- Tax Rate improved to 0.73% in Q1 2026 per HYFM's latest filing, from 0.35% in the prior quarter.
- Across five years, Tax Rate topped out at 19.29% in Q1 2022 and bottomed at 17.4% in Q4 2022.
- The 5-year median for Tax Rate is 0.45% (2023), against an average of 0.08%.
- Across the five-year window, Tax Rate sank 77278 bps in 2022 and soared 1826 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 17.4% in 2022, then soared by 105 bps to 0.85% in 2023, then plunged by 103 bps to 0.02% in 2024, then jumped by 1629 bps to 0.35% in 2025, then jumped by 110 bps to 0.73% in 2026.
- Per Business Quant, the three latest HYFM Tax Rate figures stand at 0.73% (Q1 2026), 0.35% (Q4 2025), and 0.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Greenpower Motor | 1,097.89 Bn | 1,097.89 Bn | 1.26 Mn | - |
| 2 | Caterpillar | 397.01 Bn | 392.94 Bn | 6.11 Bn | 20.87% |
| 3 | Deere | 166.79 Bn | 158.89 Bn | 13.06 Bn | 22.59% |
| 4 | Paccar | 69.40 Bn | 68.52 Bn | 1.36 Bn | 22.03% |
| 5 | CNH Industrial | 13.56 Bn | 11.96 Bn | 1.22 Bn | 30.77% |
| 6 | Oshkosh | 9.67 Bn | 9.42 Bn | 311.90 Mn | 19.20% |
| 7 | Agco | 8.61 Bn | 8.09 Bn | 581.40 Mn | 11.79% |
| 8 | Terex | 6.57 Bn | 6.17 Bn | 206.00 Mn | 26.19% |
| 9 | Blue Bird | 2.35 Bn | 2.07 Bn | 70.65 Mn | 24.88% |
| 10 | Hydrofarm Holdings | 3.22 Mn | -2.13 Mn | 1.84 Mn | 0.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.73% |
| Mar 31, 2026 | 0.73% |
| Mar 31, 2026 | 0.73% |
| Dec 31, 2025 | 0.35% |
| Dec 31, 2025 | 0.35% |
| Dec 31, 2025 | 0.35% |
| Sep 30, 2025 | -0.77% |
| Sep 30, 2025 | -0.77% |
| Sep 30, 2025 | -0.77% |
| Jun 30, 2025 | 0.58% |
| Jun 30, 2025 | 0.58% |
| Jun 30, 2025 | 0.58% |
| Mar 31, 2025 | -0.57% |
| Mar 31, 2025 | -0.57% |
| Mar 31, 2025 | -0.57% |
| Dec 31, 2024 | -0.02% |
| Dec 31, 2024 | -0.02% |
| Dec 31, 2024 | -0.02% |
| Sep 30, 2024 | -2.17% |
| Sep 30, 2024 | -2.17% |