Toro (TORO) Net Margin (2022 - 2026)
Toro (TORO) recorded Net Margin of 19.80% in Q2 2026, down 34.76 percentage points from 54.55% a year earlier and down 2.63 percentage points from the prior quarter.
Toro (TORO) Net Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Toro's Net Margin came in at 29.60% as of Jun 30, 2026, down 10.50 percentage points year-over-year; for FY2025, it was 43.06%, down 49.46 percentage points from FY2024.
- Annual Net Margin has a four-year change of +47.95 percentage points (FY2021 to FY2025).
- Across earlier years, Net Margin came in at 92.52% in FY2024 (-521.88 pp), 614.41% in FY2023 (+295.14 pp), 319.27% in FY2022 (+324.16 pp) and -4.89% in FY2021.
- The Q2 2026 figure is the lowest quarterly Net Margin since Q1 2022.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -141.92 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 464.15 percentage points in Q3 2023, against a drop of 489.46 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.43% (Q1 2026), 38.58% (Q4 2025) and 40.01% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 29.04% |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 25.46% |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 2.65% |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 24.59% |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 21.18% |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 6.39% |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 3.75% |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 22.56% |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 4.56% |
| 10 | Toro | 70.92 Mn | -202.57 Mn | 4.57 Mn | -50.61% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -50.61% |
| Mar 31, 2026 | 22.43% |
| Dec 31, 2025 | 38.58% |
| Sep 30, 2025 | 40.01% |
| Jun 30, 2025 | 62.51% |
| Mar 31, 2025 | 42.54% |
| Dec 31, 2024 | 33.64% |
| Sep 30, 2024 | 32.89% |
| Jun 30, 2024 | -27.98% |
| Mar 31, 2024 | 327.47% |
| Dec 31, 2023 | 371.60% |
| Sep 30, 2023 | 522.35% |
| Jun 30, 2023 | 223.98% |
| Mar 31, 2023 | 69.53% |
| Dec 31, 2022 | 65.96% |
| Sep 30, 2022 | 58.20% |
| Jun 30, 2022 | 21.04% |
| Mar 31, 2022 | 7.33% |
Toro Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TORO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TORO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();