Toro (TORO) Operating Margin (2022 - 2026)
Toro (TORO) reported Operating Margin of -24.80% for the quarter ended Mar 31, 2026, up 4.10 percentage points from -28.90% a year earlier but down 9.32 percentage points from the prior quarter.
Toro (TORO) Operating Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Toro's Operating Margin came in at -21.05%, up 11.16 percentage points year-over-year; for the year ended Dec 31, 2025, it was -22.06%, up 2.76 percentage points from the prior year.
- Operating Margin has a four-year change of -19.55 percentage points (years ended Dec 2021 to Dec 2025).
- By year, Operating Margin came in at -24.82% in the year ended Dec 31, 2024 (-61.58 pp), 36.76% in the year ended Dec 31, 2023 (-7.56 pp), 44.32% in the year ended Dec 31, 2022 (+46.83 pp) and -2.51% in the year ended Dec 31, 2021.
- Five-year quarterly Operating Margin spans a low of -38.54% in the quarter ended Sep 30, 2024 and a high of 221.52% in the quarter ended Jun 30, 2023.
- Year over year, Operating Margin has now increased in each of the last three quarters, with an average year-over-year change of -49.32 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was the quarter ended Jun 30, 2023 (a gain of 198.37 percentage points); the low point was the quarter ended Jun 30, 2024 (a drop of 250.04 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Mar 31, 2026 came in at -15.48% (quarter ended Dec 31, 2025), -17.55% (quarter ended Sep 30, 2025) and -28.60% (quarter ended Jun 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 40.25% |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 4.07% |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 32.44% |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 13.12% |
| 10 | Toro | 92.11 Mn | 92.11 Mn | - | -24.80% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -24.80% |
| Dec 31, 2025 | -15.48% |
| Sep 30, 2025 | -17.55% |
| Jun 30, 2025 | -28.60% |
| 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% |
| Jun 30, 2023 | 221.52% |
| Mar 31, 2023 | 70.76% |
| Dec 31, 2022 | 66.64% |
| Sep 30, 2022 | 59.89% |
| Jun 30, 2022 | 23.15% |
| Mar 31, 2022 | 9.32% |
Toro Operating 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=operating-margin&ticker=TORO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();