Toro (TORO) Operating Margin (2023 - 2026)

Toro (TORO) posted Operating Margin of 24.8% for Q1 2026, down 60.22% sequentially from 15.48% in Q4 2025, and down 5369.0% YoY from 0.47% in Q1 2025.

Toro (TORO) Operating Margin (2023 - 2026) Analysis & Trends

Toro has reported Operating Margin for 4 years, with the latest figure at 24.8% in Q1 2026.

  • Quarterly Operating Margin fell 5369.0% year-over-year to 24.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.16% (down 4499.0% YoY) and the FY2025 annual result came in at 22.06%, up 276.0% from the prior year.
  • Operating Margin declined to 24.8% in Q1 2026 per TORO's latest filing, from 15.48% in the prior quarter.
  • Over five years, Operating Margin peaked at 106.29% in Q4 2023 and troughed at 107.48% in Q2 2025.
  • A 4-year average of 5.52% and a median of 16.15% in 2023 frame the typical range for Operating Margin.
  • The widest YoY moves for Operating Margin: up 3242 bps in 2025, down 7896 bps in 2025.
  • Over 4 years, Operating Margin stood at 106.29% in 2023, then slumped by 69 bps to 33.15% in 2024, then plunged by 147 bps to 15.48% in 2025, then slumped by 60 bps to 24.8% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 24.8%, 15.48%, and 17.55% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 30.06%
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn 9.93%
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 12.31%
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn 10.41%
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn 29.84%
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn 41.61%
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn 13.22%
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn 27.80%
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 74.84%
10 Toro 100.16 Mn 100.16 Mn 3.63 Mn -24.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.80%
Dec 31, 2025 -15.48%
Sep 30, 2025 17.55%
Jun 30, 2025 -107.48%
Mar 31, 2025 28.90%
Dec 31, 2024 33.15%
Sep 30, 2024 38.54%
Jun 30, 2024 -28.52%
Mar 31, 2024 -3.52%
Dec 31, 2023 106.29%
Sep 30, 2023 16.15%