Toro (TTC) Gross Margin (2009 - 2026)
Toro's Gross Margin was 34.11% in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 0.36 percentage points from 33.75% a year earlier and up 0.23 percentage points from the prior quarter.
Toro (TTC) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Toro's Gross Margin was 33.41% through Jul 31, 2026, up 0.16 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was 33.36%, down 0.44 percentage points from FY2024.
- Gross Margin shows a five-year change of -1.85 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Gross Margin was 33.80% in FY2024 (-0.85 pp), 34.65% in FY2023 (+1.32 pp), 33.33% in FY2022 (-0.48 pp) and 33.80% in FY2021 (-1.41 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Gross Margin since fiscal Q3 2024.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.37 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2022 (a gain of 3.91 percentage points); the worst was fiscal Q4 2021 (a drop of 5.60 percentage points).
- Per Business Quant data, TTC's Gross Margin in the three fiscal quarters before Q3 2026 was 33.88% (Q2 2026), 32.47% (Q1 2026) and 32.89% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | Toro | 9.19 Bn | 8.30 Bn | 418.10 Mn | 34.11% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 34.11% |
| May 1, 2026 | 33.88% |
| Jan 30, 2026 | 32.47% |
| Oct 31, 2025 | 32.89% |
| Aug 1, 2025 | 33.75% |
| May 2, 2025 | 33.14% |
| Jan 31, 2025 | 33.73% |
| Oct 31, 2024 | 32.43% |
| Aug 2, 2024 | 34.82% |
| May 3, 2024 | 33.58% |
| Feb 2, 2024 | 34.38% |
| Oct 31, 2023 | 33.52% |
| Aug 4, 2023 | 34.42% |
| May 5, 2023 | 35.82% |
| Feb 3, 2023 | 34.46% |
| Oct 31, 2022 | 34.03% |
| Jul 29, 2022 | 34.46% |
| Apr 29, 2022 | 32.44% |
| Jan 28, 2022 | 32.22% |
| Oct 31, 2021 | 30.12% |
Toro Gross 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=gross-margin&ticker=TTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();