Toro (TTC) Gross Margin (2009 - 2026)

Toro's (TTC) quarterly Gross Margin came in at 32.47% in Q1 2026, down 126.0% year-on-year from 124.89% in Q1 2025, and down 1.28% quarter-over-quarter from 32.89% in Q4 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.

  • On a quarterly basis, Gross Margin fell 126.0% year-over-year to 32.47% in Q1 2026; TTM through Jan 2026 was 33.08%, a 58.0% decrease from a year earlier, with the FY2025 full-year figure at 33.36%, down 44.0% from the prior year.
  • Gross Margin retreated to 32.47% in Q1 2026 per TTC's latest filing, from 32.89% in the prior quarter.
  • Across five years, Gross Margin topped out at 35.82% in Q2 2023 and bottomed at 32.22% in Q1 2022.
  • The 5-year median for Gross Margin is 33.73% (2025), against an average of 33.68%.
  • Biggest YoY gain for Gross Margin was 391 bps in 2022; the steepest drop was 387 bps in 2022.
  • Year by year, Gross Margin 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.
  • Per Business Quant, the three latest TTC Gross Margin figures stand at 32.47% (Q1 2026), 32.89% (Q4 2025), and 33.75% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Snap-on 20.52 Bn 18.79 Bn 635.20 Mn 47.59%
2 RBC Bearings 18.73 Bn 18.68 Bn 230.00 Mn 44.40%
3 Lincoln Electric Holdings 13.73 Bn 13.43 Bn 399.13 Mn 35.59%
4 Stanley Black & Decker 13.27 Bn 12.93 Bn 1.16 Bn 30.09%
5 Timken 9.80 Bn 9.96 Bn 394.00 Mn 32.00%
6 Toro 8.88 Bn 8.69 Bn 336.50 Mn 32.47%
7 Kennametal 2.66 Bn 2.59 Bn 207.98 Mn 35.10%
8 Hillman Solutions 1.55 Bn 1.52 Bn 168.58 Mn 45.55%
9 Eastern 147.40 Mn 139.23 Mn 11.93 Mn 19.99%
10 Chicago Rivet & Machine 9.81 Mn 8.36 Mn 958,459.00 13.99%

Historic Data

Download Data
DateValue
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%