Toro (TTC) Tax Rate (2009 - 2026)
Toro's (TTC) quarterly Tax Rate came in at 21.86% in Q1 2026, up 174.0% year-on-year from 7.98% in Q1 2025, and up 54.87% quarter-over-quarter from 14.12% in Q4 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.
- On a quarterly basis, Tax Rate rose 174.0% year-over-year to 21.86% in Q1 2026; TTM through Jan 2026 was 16.87%, a 158.0% decrease from a year earlier, with the FY2025 full-year figure at 16.29%, down 202.0% from the prior year.
- Tax Rate improved to 21.86% in Q1 2026 per TTC's latest filing, from 14.12% in the prior quarter.
- Across five years, Tax Rate topped out at 47.55% in Q3 2023 and bottomed at 7.44% in Q3 2025.
- The 5-year median for Tax Rate is 19.1% (2023), against an average of 20.03%.
- Across the five-year window, Tax Rate soared 2722 bps in 2023 and slumped 3028 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 17.94% in 2022, then climbed by 6 bps to 19.1% in 2023, then decreased by 7 bps to 17.75% in 2024, then declined by 20 bps to 14.12% in 2025, then jumped by 55 bps to 21.86% in 2026.
- Per Business Quant, the three latest TTC Tax Rate figures stand at 21.86% (Q1 2026), 14.12% (Q4 2025), and 7.44% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 21.52% |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 5.79% |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 21.33% |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | 29.72% |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 25.89% |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 21.86% |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 23.32% |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 18.29% |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 21.01% |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | 4.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 30, 2026 | 21.86% |
| Jan 30, 2026 | 21.86% |
| Jan 30, 2026 | 21.86% |
| Oct 31, 2025 | 14.12% |
| Oct 31, 2025 | 14.12% |
| Oct 31, 2025 | 14.12% |
| Aug 1, 2025 | 7.44% |
| Aug 1, 2025 | 7.44% |
| Aug 1, 2025 | 7.44% |
| May 2, 2025 | 18.91% |
| May 2, 2025 | 18.91% |
| May 2, 2025 | 18.91% |
| Jan 31, 2025 | 20.12% |
| Jan 31, 2025 | 20.12% |
| Jan 31, 2025 | 20.12% |
| Oct 31, 2024 | 17.75% |
| Oct 31, 2024 | 17.75% |
| Oct 31, 2024 | 17.75% |
| Aug 2, 2024 | 17.27% |
| Aug 2, 2024 | 17.27% |