Toyota Motor (TM) Tax Rate (2009 - 2026)
Toyota Motor (TM) posted quarterly Tax Rate of 12.76% for Q1 2026, down 1555.0% YoY from 0.88% in Q1 2025, and down 46.94% sequentially from 24.04% in Q4 2025.
Toyota Motor (TM) Tax Rate (2009 - 2026) Analysis & Trends
Toyota Motor has disclosed Tax Rate across 18 years of filings, most recently posting 12.76% for Q1 2026.
- In Q1 2026, Tax Rate fell 1555.0% year-over-year to 12.76%; the TTM figure through Mar 2026 stood at 24.49% (down 85.0% YoY), while the FY2026 annual figure was 22.65%, down 268.0% from the prior year.
- Tax Rate eased to 12.76% in Q1 2026, from 24.04% in the prior quarter.
- Over the last five years, Tax Rate for TM reached as high as 74.7% in Q1 2023 and fell as low as 12.76% in Q1 2026.
- The 5-year median for Tax Rate is 26.91% (2023), against an average of 30.56%.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 3959 bps — and 2024, when it slumped 5057 bps.
- A 5-year view of Tax Rate shows it stood at 28.06% in 2022, then fell by 12 bps to 24.59% in 2023, then increased by 10 bps to 27.16% in 2024, then fell by 11 bps to 24.04% in 2025, then sank by 47 bps to 12.76% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 12.76%, 24.04%, and 30.34% for Q1 2026, Q4 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 34.36% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 12.40% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 19.18% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 0.64% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.48% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -12.50% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 3.79% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -0.12% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -0.02% |
| 10 | Toyota Motor | - | - | 39.87 Bn | 12.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.76 |
| Mar 31, 2026 | 12.76 |
| Dec 31, 2025 | 24.04 |
| Dec 31, 2025 | 24.04 |
| Jun 30, 2025 | 30.34 |
| Jun 30, 2025 | 30.34 |
| Mar 31, 2025 | 28.31 |
| Mar 31, 2025 | 28.31 |
| Jun 30, 2024 | 27.16 |
| Jun 30, 2024 | 27.16 |
| Mar 31, 2024 | 24.13 |
| Mar 31, 2024 | 24.13 |
| Dec 31, 2023 | 24.59 |
| Dec 31, 2023 | 24.59 |
| Sep 30, 2023 | 26.67 |
| Sep 30, 2023 | 26.67 |
| Jun 30, 2023 | 22.88 |
| Jun 30, 2023 | 22.88 |
| Mar 31, 2023 | 74.70 |
| Mar 31, 2023 | 74.70 |