Toro TORO
NASDAQ TORO
$6.36 +0.10 (+1.60%)
At close: Sep 4, 2026 · 4:00 PM EDT

Toro (TORO) Gross Margin (2022 - 2026)

Toro's (TORO) quarterly Gross Margin came in at 60.89% in Q1 2026, up 732.0% year-over-year from 7.32% in Q1 2025, and down 2.75% quarter-over-quarter from 62.61% in Q4 2025.

Analysis

Toro (TORO) Gross Margin (2022 - 2026) Analysis & Trends

Toro has disclosed Gross Margin across 5 years of filings, most recently posting 60.89% for Q1 2026.

  • In Q1 2026, Gross Margin rose 732.0% year-over-year to 60.89%; the TTM figure through Mar 2026 stood at 58.89% (up 362.0% YoY), while the FY2025 annual figure was 56.93%, down 154.0% from the prior year.
  • Gross Margin came in at 60.89% for Q1 2026 at Toro, down from 62.61% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 84.74% in Q4 2022 to a low of 51.29% in Q2 2025.
  • Average Gross Margin over 5 years is 64.91%, with a median of 60.89% recorded in 2026.
  • The largest YoY upside for Gross Margin was 1469 bps in 2023 against a maximum downside of 3085 bps in 2023.
  • Over 5 years, Gross Margin stood at 84.74% in 2022, then slumped by 33 bps to 56.84% in 2023, then decreased by 7 bps to 52.94% in 2024, then increased by 18 bps to 62.61% in 2025, then decreased by 3 bps to 60.89% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 60.89% in Q1 2026, 62.61% in Q4 2025, and 58.2% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 31.53%
3 Matson 6.74 Bn 6.62 Bn - -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 99.97%
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 45.71%
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 79.33%
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 84.14%
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 83.88%
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 98.37%
10 Toro 113.76 Mn 113.76 Mn 3.63 Mn 60.89%
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 60.89%
Dec 31, 2025 62.61%
Sep 30, 2025 58.20%
Jun 30, 2025 51.29%
Mar 31, 2025 53.57%
Dec 31, 2024 52.94%
Sep 30, 2024 57.07%
Jun 30, 2024 57.52%
Mar 31, 2024 64.94%
Dec 31, 2023 56.84%
Sep 30, 2023 52.84%
Jun 30, 2023 75.57%
Mar 31, 2023 83.58%
Dec 31, 2022 84.74%
Sep 30, 2022 83.69%
Jun 30, 2022 78.39%
Mar 31, 2022 68.89%