Toyota Motor Corporation
Toyota Motor Corporation: Tax Rate (%)
  • Toyota Motor Corporation annual tax rate was $0.32 in fiscal year 2019. The annual tax rate Increased $0.04 from $0.28 (in 2022) to $0.32 (in 2019).
    This Increased represents a tax rate growth of +14.60% Billion year over year.


  • Toyota Motor Corporation quarterly tax rate was $0.25 in the quarter ending in Dec 23. The quarterly tax rate Decreased $-0.03 from $0.28 (in Dec 22) to $0.25 (in Dec 23).
    This Decreased represents a tax rate growth of -12.35% year over year.


  • In the last 5 years from 2019 to 2023 :
    • Highest tax rate of Toyota Motor Corporation was $0.32 in fiscal year 2023
    • Lowest tax rate of Toyota Motor Corporation was $0.22 in fiscal year 2021
    • Average tax rate of Toyota Motor Corporation was $0.26


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  • Definition of Tax Rate (%) :
    The tax rate is the percentage of income that an individual or a business is required to pay to the government. For more details on tax rate, examples and formulas, refer to our glossary.
Toyota Motor Corporation: Tax Rate (%)
Toyota Motor Corporation : Tax Rate (%) Details
2023

Toyota Motor Corporation annual tax rate was $0.32 in fiscal year 2023.
Toyota Motor Corporation quarterly tax rate was $0.34 (Mar) , $0.23 (Jun) , $0.27 (Sep) , and $0.25 (Dec) in fiscal year 2023.

2022

Toyota Motor Corporation annual tax rate was $0.28 in fiscal year 2022.
Toyota Motor Corporation quarterly tax rate was $0.40 (Mar) , $0.26 (Jun) , $0.43 (Sep) , and $0.28 (Dec) in fiscal year 2022.

2021

Toyota Motor Corporation annual tax rate was $0.22 in fiscal year 2021.
Toyota Motor Corporation quarterly tax rate was $0.27 (Mar) , $0.26 (Jun) , $0.28 (Sep) , and $0.25 (Dec) in fiscal year 2021.

2020

Toyota Motor Corporation annual tax rate was $0.24 in fiscal year 2020.
Toyota Motor Corporation quarterly tax rate was $-12.87 (Mar) , $-0.26 (Jun) , $0.21 (Sep) , and $0.24 (Dec) in fiscal year 2020.

2019

Toyota Motor Corporation annual tax rate was $0.25 in fiscal year 2019.
Toyota Motor Corporation quarterly tax rate was $0.24 (Mar) , $0.26 (Jun) , $0.27 (Sep) , and $0.26 (Dec) in fiscal year 2019.

Toyota Motor Corporation : Tax Rate (%) (year over year growth)
Toyota Motor Corporation : Tax Rate (%) (Year Over Year Growth) Details
2023

Toyota Motor Corporation annual tax rate Increased +14.60% during fiscal year 2023 compared to 2022.
This represents an Increased in tax rate of +$0.04 from $0.32 (in 2023) to $0.28 (in 2022).

2022

Toyota Motor Corporation annual tax rate Increased +26.16% during fiscal year 2022 compared to 2021.
This represents an Increased in tax rate of +$0.06 from $0.28 (in 2022) to $0.22 (in 2021).

2021

Toyota Motor Corporation annual tax rate Decreased -8.35% during fiscal year 2021 compared to 2020.
This represents an Decreased in tax rate of -$0.02 from $0.22 (in 2021) to $0.24 (in 2020).

2020

Toyota Motor Corporation annual tax rate Decreased -3.05% during fiscal year 2020 compared to 2019.
This represents an Decreased in tax rate of -$0.01 from $0.24 (in 2020) to $0.25 (in 2019).

Toyota Motor Corporation : Tax Rate (%) - Annual (Tabular)
Period Tax Rate (%) Y/Y Growth
2023 $0.32 +14.60%
2022 $0.28 +26.16%
2021 $0.22 -8.35%
2020 $0.24 -3.05%
Toyota Motor Corporation : Tax Rate (%) - Quarterly (Tabular)
Period Tax Rate (%) Y/Y Growth
Dec 23 $0.25 -12.35%
Sep 23 $0.27 -38.30%
Jun 23 $0.23 -11.28%
Mar 23 $0.34 -13.67%
Dec 22 $0.28 +11.72%
Sep 22 $0.43 +54.38%
Jun 22 $0.26 -1.95%
Mar 22 $0.40 +48.63%
Dec 21 $0.25 +4.74%
Sep 21 $0.28 +32.69%
Jun 21 $0.26 -199.63%
Mar 21 $0.27 -102.08%
Dec 20 $0.24 -7.13%
Sep 20 $0.21 -21.40%
Jun 20 $-0.26 -200.61%
Mar 20 $-12.87 -5,377.22%
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