Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2021)
Hydrofarm Holdings (HYFM) reported Tax Rate of 2.07% for Q2 2026, up 1.49 percentage points from 0.58% a year earlier and up 1.34 percentage points from the prior quarter.
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Analysis
Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2021) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hydrofarm Holdings' Tax Rate came in at 0.37%, up 0.80 percentage points year-over-year; for FY2025, it was 0.25%, up 1.57 percentage points from FY2024.
- Tax Rate has a five-year change of +8.86 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -1.32% in FY2024 (-1.65 pp), 0.33% in FY2023 (-1.88 pp), 2.21% in FY2022 (-332.30 pp) and 334.50% in FY2021 (+343.11 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q2 2023.
- Year over year, Tax Rate has now increased in each of the last six quarters, with an average year-over-year change of +0.66 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q3 2021 (a gain of 767.45 percentage points); the low point was Q3 2022 (a drop of 772.78 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.73% (Q1 2026), 0.35% (Q4 2025) and -0.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Hydrofarm Holdings | 4.62 Mn | -23.30 Mn | 2.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 2.72% |
| Mar 31, 2021 | 13.27% |
| Sep 30, 2020 | 2.00% |
| Jun 30, 2020 | 6.76% |
API Access
Hydrofarm Holdings 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=HYFM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HYFM", "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=HYFM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();