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
DateValue
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%