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The Toro Co (FRA:TO2) Tax Rate % : 19.20% (As of Apr. 2024)


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What is The Toro Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Toro Co's Tax Expense for the three months ended in Apr. 2024 was €32 Mil. The Toro Co's Pre-Tax Income for the three months ended in Apr. 2024 was €167 Mil. Therefore, The Toro Co's Tax Rate % for the quarter that ended in Apr. 2024 was 19.20%.

The Toro Co Tax Rate % Historical Data

The historical data trend for The Toro Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Toro Co Tax Rate % Chart

The Toro Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.95 19.01 17.99 19.76 17.68

The Toro Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.54 47.61 19.09 18.98 19.20

The Toro Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

The Toro Co's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2023 )/Pre-Tax Income (A: Oct. 2023 )
=67.048/379.273
=17.68 %

The Toro Co's Tax Rate % for the quarter that ended in Apr. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2024 )/Pre-Tax Income (Q: Apr. 2024 )
=32.061/167.014
=19.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Toro Co Tax Rate % Related Terms

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The Toro Co (FRA:TO2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Toro Co (FRA:TO2) » Definitions » Tax Rate %
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Traded in Other Exchanges
TTC:USA
Address
8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196
Website
https://www.thetorocompany.com
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.

The Toro Co (FRA:TO2) Headlines

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