Toyota Motor (TM) Tax Rate (2009 - 2020)

Toyota Motor (TM) reported Tax Rate of 64.89% for Q4 2020, up 3637.0% YoY from 1.74% in Q1 2020, and up 406.24% on a QoQ basis from 21.19% in Q1 2020.

Toyota Motor (TM) Tax Rate (2009 - 2020) Analysis & Trends

Toyota Motor has disclosed Tax Rate across 12 years of filings, most recently posting 64.89% for Q4 2020.

  • On a quarterly basis, Tax Rate rose 3637.0% year-over-year to 64.89% in Q4 2020; TTM through Dec 2020 was 34.88%, a 532.0% increase from a year earlier, with the FY2026 full-year figure at 22.65%, down 268.0% from the prior year.
  • Tax Rate for Q4 2020 stood at 64.89%, up from 21.19% in the prior quarter.
  • The five-year high for Tax Rate was 64.89% in Q4 2020, with the low at 22.87% in Q1 2016.
  • A 5-year average of 22.4% and a median of 29.09% in 2016 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2017 and 2020: Tax Rate jumped 4699 bps in 2017, then sank 5339 bps in 2020.
  • Year by year, Tax Rate stood at 28.99% in 2016, then tumbled by 144 bps to 12.78% in 2017, then jumped by 127 bps to 3.47% in 2018, then surged by 721 bps to 28.52% in 2019, then surged by 128 bps to 64.89% in 2020.
  • Business Quant data shows TM's Tax Rate at 64.89% in Q4 2020, 21.19% in Q1 2020, and 28.52% in Q4 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tesla 1,297.09 Bn 1,252.41 Bn 4.72 Bn 34.36
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn -
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn 23.95
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn 19.18
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn 12.40
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn 0.48
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn -43.64
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn 0.64

Historic Data

Download Data
DateValue
Dec 31, 2020 64.89%
Dec 31, 2020 64.89%
Mar 31, 2020 -21.19%
Mar 31, 2020 -21.19%
Dec 31, 2019 28.52%
Dec 31, 2019 28.52%
Sep 30, 2019 29.19%
Sep 30, 2019 29.19%
Jun 30, 2019 29.33%
Jun 30, 2019 29.33%
Mar 31, 2019 32.20%
Mar 31, 2019 32.20%
Dec 31, 2018 3.47%
Dec 31, 2018 3.47%
Sep 30, 2018 30.94%
Sep 30, 2018 30.94%
Jun 30, 2018 30.25%
Jun 30, 2018 30.25%
Mar 31, 2018 36.63%
Mar 31, 2018 36.63%