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
DateValue
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%