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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |