Toyota Motor (TM) Tax Rate (2009 - 2020)
Toyota Motor (TM) reported Tax Rate of 64.89% for Q4 2020, up 3637.0% year-over-year from 1.74% in Q1 2020, and up 406.24% quarter-over-quarter from 21.19% in Q1 2020.
Toyota Motor (TM) Tax Rate (2009 - 2020) Analysis & Trends
Toyota Motor (TM) has 12 years of Tax Rate data on file, last reported at 64.89% in Q4 2020.
- Tax Rate for Q4 2020 came in at 64.89%, up 3637.0% year-over-year; the trailing twelve-month figure through Dec 2020 was 34.88% (up 532.0% YoY), and the FY2025 annual result was 25.33%, down 186.0% from the prior year.
- Tax Rate improved to 64.89% in Q4 2020 per TM's latest filing, from 21.19% in the prior quarter.
- Over five years, Tax Rate peaked at 64.89% in Q4 2020 and troughed at 21.19% in Q1 2020.
- A 5-year average of 25.84% and a median of 29.26% in 2019 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2016 and 2020: Tax Rate surged 4617 bps in 2016, then sank 5339 bps in 2020.
- A 5-year view of Tax Rate shows it stood at 28.99% in 2016, then plunged by 144 bps to 12.78% in 2017, then surged by 127 bps to 3.47% in 2018, then soared by 721 bps to 28.52% in 2019, then soared 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 | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 34.36% |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | - |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 19.18% |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 23.95% |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 12.40% |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 0.48% |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | -43.64% |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | - |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Xpeng | 4.49 Bn | 1.59 Bn | 388.90 Mn | 0.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |