Toro Co (TTC)
Net profit margin
| Feb 2, 2024 | Oct 31, 2023 | Aug 4, 2023 | Feb 3, 2023 | Oct 31, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 31, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 31, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Oct 31, 2019 | Aug 2, 2019 | May 3, 2019 | Feb 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 227,175 | 279,832 | 334,644 | 480,732 | 443,342 | 385,893 | 357,063 | 368,109 | 409,880 | 421,968 | 414,616 | 370,891 | 329,701 | 295,771 | 267,410 | 284,534 | 273,983 | 274,754 | 447,800 | 656,286 |
| Revenue (ttm) | US$ in thousands | 4,155,572 | 4,330,332 | 4,513,330 | 4,687,980 | 4,478,917 | 4,272,115 | 4,090,565 | 3,991,095 | 3,930,922 | 3,818,221 | 3,681,069 | 3,468,487 | 3,362,350 | 3,255,772 | 3,261,817 | 3,294,455 | 3,138,084 | 2,943,008 | 2,760,116 | 2,673,360 |
| Net profit margin | 5.47% | 6.46% | 7.41% | 10.25% | 9.90% | 9.03% | 8.73% | 9.22% | 10.43% | 11.05% | 11.26% | 10.69% | 9.81% | 9.08% | 8.20% | 8.64% | 8.73% | 9.34% | 16.22% | 24.55% |
February 2, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $227,175K ÷ $4,155,572K
= 5.47%
The net profit margin of Toro Co. has been fairly consistent over the past eight quarters, ranging from a low of 6.53% in Q1 2024 to a high of 10.73% in Q2 2023. The company's profitability, as reflected by the net profit margin, has shown fluctuations but generally remains within a relatively narrow band. The decreasing trend from Q2 2023 to Q1 2024 may indicate potential challenges or lower profitability during that period. Further analysis and comparison with industry benchmarks or peer companies could provide additional insights into Toro Co.'s performance and competitiveness in its sector.