Toro (TTC) Tax Rate (2009 - 2026)
Toro (TTC) posted quarterly Tax Rate of 21.86% for Q1 2026, up 174.0% year-over-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.
- 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 for Q1 2026 stood at 21.86%, up from 14.12% in the prior quarter.
- The five-year high for Tax Rate was 47.55% in Q3 2023, with the low at 7.44% in Q3 2025.
- The 5-year median for Tax Rate is 19.1% (2023), against an average of 20.03%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 2722 bps in 2023, then sank 3028 bps in 2024.
- Toro's Tax Rate stood at 17.94% in 2022, then advanced by 6 bps to 19.1% in 2023, then retreated by 7 bps to 17.75% in 2024, then dropped by 20 bps to 14.12% in 2025, then soared by 55 bps to 21.86% in 2026.
- Business Quant data shows TTC's Tax Rate at 21.86% in Q1 2026, 14.12% in Q4 2025, and 7.44% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.25 Bn | 18.60 Bn | 635.20 Mn | 21.52% |
| 2 | RBC Bearings | 15.94 Bn | 15.81 Bn | 247.80 Mn | 22.04% |
| 3 | Lincoln Electric Holdings | 15.14 Bn | 14.90 Bn | 449.00 Mn | 23.75% |
| 4 | Stanley Black & Decker | 14.83 Bn | 14.24 Bn | 1.31 Bn | 29.60% |
| 5 | Toro | 9.43 Bn | 9.25 Bn | 482.70 Mn | 20.72% |
| 6 | Timken | 8.64 Bn | 8.24 Bn | 399.30 Mn | 35.75% |
| 7 | Kennametal | 2.27 Bn | 2.17 Bn | 433.56 Mn | 23.32% |
| 8 | Hillman Solutions | 1.63 Bn | 1.59 Bn | 208.09 Mn | 24.28% |
| 9 | Eastern | 151.10 Mn | 135.96 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.59 Mn | 8.82 Mn | 563,312.00 | -1.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 1, 2026 | 20.72% |
| May 1, 2026 | 20.72% |
| May 1, 2026 | 20.72% |
| 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% |