Toro (TTC) Gross Margin (2009 - 2026)
Toro (TTC) recorded quarterly Gross Margin of 32.47% in Q1 2026, down 1.28% quarter-over-quarter from 32.89% in Q4 2025, and down 126.0% on a YoY basis from 124.89% in Q1 2025.
Toro (TTC) Gross Margin (2009 - 2026) Analysis & Trends
Toro's Gross Margin history runs 18 years deep, the most recent figure standing at 32.47% for Q1 2026.
- In Q1 2026, Gross Margin fell 126.0% year-over-year to 32.47%; the TTM figure through Jan 2026 stood at 33.08% (down 58.0% YoY), while the FY2025 annual figure was 33.36%, down 44.0% from the prior year.
- Gross Margin was 32.47% for Q1 2026 at Toro, down from 32.89% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 35.82% in Q2 2023 to a low of 32.22% in Q1 2022.
- Historically, Gross Margin has averaged 33.68% across 5 years, with a median of 33.73% in 2025.
- Biggest YoY gain for Gross Margin was 391 bps in 2022; the steepest drop was 387 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 34.03% in 2022, then dropped by 1 bps to 33.52% in 2023, then dropped by 3 bps to 32.43% in 2024, then climbed by 1 bps to 32.89% in 2025, then retreated by 1 bps to 32.47% in 2026.
- The last three Gross Margin figures came in at 32.47% (Q1 2026), 32.89% (Q4 2025), and 33.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 17.05% |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | 44.40% |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | 35.59% |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | 30.09% |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | 32.00% |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | 32.47% |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | 35.10% |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | 45.55% |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | 19.99% |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | 13.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 30, 2021 | 33.90% |
| Apr 30, 2021 | 35.07% |