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
DateValue
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%