Hydrofarm Holdings HYFM
NASDAQ HYFM
$0.98 +0.05 (+5.91%)
At close: Sep 9, 2026 · 4:00 PM EDT

Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2026)

Hydrofarm Holdings (HYFM) posted Tax Rate of 2.07% for Q2 2026, up 182.47% on a QoQ basis from 0.73% in Q1 2026, and up 149.0% year-over-year from 0.83% in Q2 2025.

Analysis

Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2026) Analysis & Trends

Hydrofarm Holdings has reported Tax Rate for 7 years, with the latest figure at 2.07% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 149.0% year-over-year to 2.07% in Q2 2026; TTM through Jun 2026 was 0.37%, a 80.0% increase from a year earlier, with the FY2025 full-year figure at 0.25%, up 157.0% from the prior year.
  • Tax Rate was 2.07% for Q2 2026 at Hydrofarm Holdings, up from 0.73% in the prior quarter.
  • The five-year high for Tax Rate was 19.29% in Q1 2022, with the low at 17.4% in Q4 2022.
  • Average Tax Rate over 5 years is 0.04%, with a median of 0.24% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 77278 bps in 2022, then surged 1826 bps in 2023.
  • Over 5 years, Tax Rate stood at 17.4% in 2022, then jumped by 105 bps to 0.85% in 2023, then sank by 103 bps to 0.02% in 2024, then surged by 1629 bps to 0.35% in 2025, then surged by 493 bps to 2.07% in 2026.
  • The last three Tax Rate figures came in at 2.07% (Q2 2026), 0.73% (Q1 2026), and 0.35% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Deere 182.65 Bn 173.72 Bn 12.32 Bn 28.11%
2 CNH Industrial 17.18 Bn 15.31 Bn 1.41 Bn 25.00%
3 Agco 9.03 Bn 8.45 Bn 645.90 Mn 37.34%
4 Lindsay 1.25 Bn 1.09 Bn 47.83 Mn 23.33%
5 Pinnacle Food 31.13 Mn 30.19 Mn - -
6 Arts Way Manufacturing 15.98 Mn 15.97 Mn 2.03 Mn 23.20%
7 Hydrofarm Holdings 4.58 Mn -2.04 Mn 2.63 Mn 2.07%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.07%
Mar 31, 2026 0.73%
Dec 31, 2025 0.35%
Sep 30, 2025 -0.77%
Jun 30, 2025 0.58%
Mar 31, 2025 -0.57%
Dec 31, 2024 -0.02%
Sep 30, 2024 -2.17%
Jun 30, 2024 -1.69%
Mar 31, 2024 -1.58%
Dec 31, 2023 0.85%
Sep 30, 2023 -0.45%
Jun 30, 2023 2.41%
Mar 31, 2023 -0.88%
Dec 31, 2022 -17.40%
Sep 30, 2022 -3.33%
Jun 30, 2022 3.26%
Mar 31, 2022 19.29%
Dec 31, 2021 1.00%
Sep 30, 2021 769.45%