Toro (TTC) Tax Rate (2009 - 2026)
Toro (TTC) posted Tax Rate of 27.97% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 20.53 percentage points from 7.44% a year earlier and up 7.25 percentage points from the prior quarter.
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Analysis
Toro (TTC) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Tax Rate at Toro was 21.40%, up 4.25 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 16.29%, down 2.02 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -2.72 percentage points (FY2020 to FY2025).
- In prior fiscal years, Toro's Tax Rate was 18.31% in FY2024 (+0.63 pp), 17.68% in FY2023 (-2.09 pp), 19.76% in FY2022 (+1.78 pp) and 17.99% in FY2021 (-1.02 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Tax Rate since fiscal Q3 2023.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of +1.27 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q3 2023, with a gain of 27.22 percentage points; the weakest was fiscal Q3 2024, with a drop of 30.28 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 20.72% (Q2 2026), 21.86% (Q1 2026) and 14.12% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Toro | 9.19 Bn | 8.30 Bn | 418.10 Mn | 27.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 27.97% |
| May 1, 2026 | 20.72% |
| Jan 30, 2026 | 21.86% |
| Oct 31, 2025 | 14.12% |
| Aug 1, 2025 | 7.44% |
| May 2, 2025 | 18.91% |
| Jan 31, 2025 | 20.12% |
| Oct 31, 2024 | 17.75% |
| Aug 2, 2024 | 17.27% |
| May 3, 2024 | 19.20% |
| Feb 2, 2024 | 18.98% |
| Oct 31, 2023 | 19.10% |
| May 5, 2023 | 20.54% |
| Feb 3, 2023 | 18.58% |
| Oct 31, 2022 | 17.94% |
| Jul 29, 2022 | 20.33% |
| Apr 29, 2022 | 20.56% |
| Jan 28, 2022 | 20.24% |
| Oct 31, 2021 | 13.21% |
| Jul 30, 2021 | 17.99% |
API Access
Toro Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();