Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2026)
Hydrofarm Holdings (HYFM) recorded quarterly Tax Rate of 0.73% in Q1 2026, up 110.01% quarter-over-quarter from 0.35% in Q4 2025, and up 131.0% on a YoY basis from 0.32% in Q1 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.
- In Q1 2026, Tax Rate rose 131.0% year-over-year to 0.73%; the TTM figure through Mar 2026 stood at 0.32% (up 143.0% YoY), while the FY2025 annual figure was 0.25%, up 157.0% from the prior year.
- Tax Rate was 0.73% for Q1 2026 at Hydrofarm Holdings, up from 0.35% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.29% in Q1 2022 to a low of 17.4% in Q4 2022.
- Historically, Tax Rate has averaged 0.08% across 5 years, with a median of 0.45% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 77278 bps in 2022, then jumped 1826 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 17.4% in 2022, then soared by 105 bps to 0.85% in 2023, then slumped 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.
- The last three Tax Rate figures came in at 0.73% (Q1 2026), 0.35% (Q4 2025), and 0.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 20.87% |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 22.59% |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | 22.03% |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 19.20% |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | 26.19% |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 24.88% |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 25.26% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 22.48% |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 53.57% |
| 10 | Hydrofarm Holdings | 4.44 Mn | -908,678.96 | 1.84 Mn | 0.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.73% |
| Mar 31, 2026 | 0.73% |
| Dec 31, 2025 | 0.35% |
| Dec 31, 2025 | 0.35% |
| Sep 30, 2025 | -0.77% |
| Sep 30, 2025 | -0.77% |
| Jun 30, 2025 | 0.58% |
| Jun 30, 2025 | 0.58% |
| Mar 31, 2025 | -0.57% |
| Mar 31, 2025 | -0.57% |
| Dec 31, 2024 | -0.02% |
| Dec 31, 2024 | -0.02% |
| Sep 30, 2024 | -2.17% |
| Sep 30, 2024 | -2.17% |
| Jun 30, 2024 | -1.69% |
| Jun 30, 2024 | -1.69% |
| Mar 31, 2024 | -1.58% |
| Mar 31, 2024 | -1.58% |
| Dec 31, 2023 | 0.85% |
| Dec 31, 2023 | 0.85% |