Toro (TORO) Tax Rate (2022 - 2024)
Toro (TORO) reported Tax Rate of 2.36% for Q3 2024, up 234.0% year-over-year from 0.71% in Q4 2023, and up 2427.78% sequentially from 0.1% in Q1 2024.
Toro (TORO) Tax Rate (2022 - 2024) Analysis & Trends
Toro's Tax Rate history runs 3 years deep, the most recent figure standing at 2.36% for Q3 2024.
- Quarterly Tax Rate rose 234.0% year-over-year to 2.36% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.06% (down 285.0% YoY) and the FY2023 annual result came in at 0.42%, changed N/A from the prior year.
- Tax Rate was 2.36% for Q3 2024 at Toro, up from 0.1% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 2.36% in Q3 2024 to a low of 10.96% in Q1 2022.
- Median Tax Rate over the past 3 years was 0.14% (2024), compared with a mean of 1.64%.
- On a YoY basis, Tax Rate climbed as much as 1009 bps in 2023 and fell as far as 96 bps in 2023.
- Over 3 years, Tax Rate stood at 0.87% in 2022, then plunged by 110 bps to 0.09% in 2023, then soared by 2721 bps to 2.36% in 2024.
- Business Quant data shows TORO's Tax Rate at 2.36% in Q3 2024, 0.1% in Q1 2024, and 0.09% in Q4 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Toro | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.36% |
| Sep 30, 2024 | 2.36% |
| Mar 31, 2024 | -0.10% |
| Mar 31, 2024 | -0.10% |
| Dec 31, 2023 | -0.09% |
| Dec 31, 2023 | -0.09% |
| Sep 30, 2023 | 0.02% |
| Sep 30, 2023 | 0.02% |
| Jun 30, 2023 | -0.18% |
| Jun 30, 2023 | -0.18% |
| Mar 31, 2023 | -0.87% |
| Mar 31, 2023 | -0.87% |
| Dec 31, 2022 | 0.87% |
| Dec 31, 2022 | 0.87% |
| Sep 30, 2022 | -1.71% |
| Sep 30, 2022 | -1.71% |
| Jun 30, 2022 | -5.71% |
| Jun 30, 2022 | -5.71% |
| Mar 31, 2022 | -10.96% |
| Mar 31, 2022 | -10.96% |