Toro (TTC) Tax Rate (2009 - 2026)
Toro (TTC) recorded quarterly Tax Rate of 21.86% in Q1 2026, up 54.87% quarter-over-quarter from 14.12% in Q4 2025, and up 174.0% on a YoY basis from 7.98% in Q1 2025.
Toro (TTC) Tax Rate (2009 - 2026) Analysis & Trends
Toro's Tax Rate history runs 18 years deep, the most recent figure standing at 21.86% for Q1 2026.
- In Q1 2026, Tax Rate rose 174.0% year-over-year to 21.86%; the TTM figure through Jan 2026 stood at 16.87% (down 158.0% YoY), while the FY2025 annual figure was 16.29%, down 202.0% from the prior year.
- Tax Rate was 21.86% for Q1 2026 at Toro, up from 14.12% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 47.55% in Q3 2023 to a low of 7.44% in Q3 2025.
- Historically, Tax Rate has averaged 20.03% across 5 years, with a median of 19.1% in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 2722 bps in 2023, then slumped 3028 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 17.94% in 2022, then climbed by 6 bps to 19.1% in 2023, then retreated by 7 bps to 17.75% in 2024, then decreased by 20 bps to 14.12% in 2025, then jumped by 55 bps to 21.86% in 2026.
- The last three Tax Rate figures came in at 21.86% (Q1 2026), 14.12% (Q4 2025), and 7.44% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 21.57% |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | 15.79% |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | 21.33% |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | 29.72% |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | 25.89% |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | 21.86% |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | 23.32% |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | 18.29% |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | 21.01% |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | 4.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 30, 2026 | 21.86% |
| Jan 30, 2026 | 21.86% |
| Oct 31, 2025 | 14.12% |
| Oct 31, 2025 | 14.12% |
| Aug 1, 2025 | 7.44% |
| Aug 1, 2025 | 7.44% |
| May 2, 2025 | 18.91% |
| May 2, 2025 | 18.91% |
| Jan 31, 2025 | 20.12% |
| Jan 31, 2025 | 20.12% |
| Oct 31, 2024 | 17.75% |
| Oct 31, 2024 | 17.75% |
| Aug 2, 2024 | 17.27% |
| Aug 2, 2024 | 17.27% |
| May 3, 2024 | 19.20% |
| May 3, 2024 | 19.20% |
| Feb 2, 2024 | 18.98% |
| Feb 2, 2024 | 18.98% |
| Oct 31, 2023 | 19.10% |
| Oct 31, 2023 | 19.10% |