Toro Co (TTC)
Operating profit margin
| Oct 31, 2024 | Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Oct 31, 2023 | Aug 4, 2023 | May 5, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 533,300 | 518,849 | 351,649 | 382,849 | 430,649 | 486,512 | 668,660 | 620,437 | 575,663 | 499,411 | 458,302 | 468,441 | 518,280 | 537,601 | 531,614 | 476,693 | 426,357 | 376,182 | 334,174 | 346,104 |
| Revenue (ttm) | US$ in thousands | 4,550,900 | 4,443,272 | 4,353,172 | 4,345,472 | 4,494,472 | 4,686,560 | 4,771,130 | 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 |
| Operating profit margin | 11.72% | 11.68% | 8.08% | 8.81% | 9.58% | 10.38% | 14.01% | 13.23% | 12.85% | 11.69% | 11.20% | 11.74% | 13.18% | 14.08% | 14.44% | 13.74% | 12.68% | 11.55% | 10.25% | 10.51% |
October 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $533,300K ÷ $4,550,900K
= 11.72%
The operating profit margin of Toro Co has fluctuated over the past years, with a performance range between 8.08% to 14.44%. The company's operating profit margin indicates how efficiently it is generating profits from its core operations.
In the most recent period, as of October 31, 2024, Toro Co achieved an operating profit margin of 11.72%, which is slightly higher than the previous quarter's figure of 11.68%. This suggests that the company maintained a relatively stable level of profitability from its operating activities during this period.
Looking at historical data, Toro Co's operating profit margin has generally been above 10%, reflecting a healthy profitability trend. However, there have been fluctuations in performance, with some quarters showing higher margins (e.g., 14.44% in April 2021) and others showing lower margins (e.g., 8.08% in May 2024).
Overall, Toro Co's operating profit margin performance indicates a solid financial position and effective management of operating expenses to generate profits. Continued monitoring of this metric will be important to assess the company's ability to maintain profitability in the future.