Hydrofarm Holdings (HYFM) Tax Rate (2020 - 2026)
Hydrofarm Holdings (HYFM) posted quarterly Tax Rate of 0.73% for Q1 2026, up 131.0% year-over-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.
- 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 for Q1 2026 stood at 0.73%, up from 0.35% 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.
- The 5-year median for Tax Rate is 0.45% (2023), against an average of 0.08%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 77278 bps in 2022, then soared 1826 bps in 2023.
- Hydrofarm Holdings' Tax Rate stood at 17.4% in 2022, then surged by 105 bps to 0.85% in 2023, then sank by 103 bps to 0.02% in 2024, then soared by 1629 bps to 0.35% in 2025, then soared by 110 bps to 0.73% in 2026.
- Business Quant data shows HYFM's Tax Rate at 0.73% in Q1 2026, 0.35% in Q4 2025, and 0.77% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.37 Bn | 367.65 Bn | 7.76 Bn | 23.15% |
| 2 | Deere | 168.66 Bn | 160.76 Bn | 13.06 Bn | 22.59% |
| 3 | Paccar | 67.91 Bn | 59.25 Bn | 1.56 Bn | 23.38% |
| 4 | CNH Industrial | 13.55 Bn | 11.68 Bn | 1.41 Bn | 25.00% |
| 5 | Oshkosh | 9.54 Bn | 9.13 Bn | 480.30 Mn | 16.93% |
| 6 | Agco | 7.40 Bn | 6.83 Bn | 645.90 Mn | 37.34% |
| 7 | Terex | 7.30 Bn | 6.90 Bn | 444.00 Mn | 20.86% |
| 8 | Blue Bird | 2.10 Bn | 1.98 Bn | 103.37 Mn | 5.16% |
| 9 | Alamo | 1.96 Bn | 1.76 Bn | 110.86 Mn | 25.61% |
| 10 | Hydrofarm Holdings | 5.09 Mn | -1.53 Mn | 2.63 Mn | 2.07% |
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% |