Tax

Income Tax

Hubbell Income Tax decreased by 5.2% to $53.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $46.80M to $53.40M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 26.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.90M$27.50M$22.60M$29.60M$38.90M$38.80M$32.90M$51.60M$65.60M$63.00M$34.40M$52.30M$66.20M$60.60M$43.00M$46.80M$69.70M$54.40M$56.30M$53.40M
QoQ Change+62.7%-17.8%+31.0%+31.4%-0.3%-15.2%+56.8%+27.1%-4.0%-45.4%+52.0%+26.6%-8.5%-29.0%+8.8%+48.9%-22.0%+3.5%-5.2%
YoY Change+130.2%+41.1%+45.6%+74.3%+68.6%+62.4%+4.6%+1.4%+0.9%-3.8%+25.0%-10.5%+5.3%-10.2%+30.9%+14.1%
Range$16.90M$69.70M
CAGR+27.4%
Avg YoY Growth+30.0%
Median YoY Growth+19.6%

Frequently Asked Questions

What is Hubbell's income tax?
Hubbell (HUBB) reported income tax of $53.40M in Q1 2026.
How has Hubbell's income tax changed year-over-year?
Hubbell's income tax increased by 14.1% year-over-year, from $46.80M to $53.40M.
What is the long-term trend for Hubbell's income tax?
Over 4 years (2021 to 2025), Hubbell's income tax has grown at a 26.7% compound annual growth rate (CAGR), from $88.20M to $227.20M.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.