Toro (TORO) Operating Margin (2023 - 2026)

Toro (TORO) reported Operating Margin of 24.8% for Q1 2026, down 410.0% year-over-year from 8.0% in Q1 2025, and up 260.22% sequentially from 15.48% in Q4 2025.

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

Toro's Operating Margin history runs 5 years deep, the most recent figure standing at 24.8% for Q1 2026.

  • Quarterly Operating Margin fell 410.0% year-over-year to 24.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.41% (down 1219.0% YoY) and the FY2025 annual result came in at 22.06%, down 276.0% from the prior year.
  • Operating Margin was 24.8% for Q1 2026 at Toro, up from 15.48% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 221.52% in Q2 2023 to a low of 107.48% in Q2 2025.
  • Median Operating Margin over the past 5 years was 23.15% (2022), compared with a mean of 26.6%.
  • Across the five-year window, Operating Margin jumped 19837 bps in 2023 and sank 25004 bps in 2024, its largest moves.
  • Over 5 years, Operating Margin stood at 66.64% in 2022, then soared by 59 bps to 106.29% in 2023, then sank by 69 bps to 33.15% in 2024, then tumbled by 147 bps to 15.48% in 2025, then soared by 260 bps to 24.8% in 2026.
  • Business Quant data shows TORO's Operating Margin at 24.8% in Q1 2026, 15.48% in Q4 2025, and 17.55% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 14.43%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.91%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 13.17%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 10.74%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.68%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 39.96%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 14.85%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 10.03%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 25.03%
10 Toro - - - -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%