Toro Co (TTC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 34.71% | 34.56% | 34.72% | 34.13% | 33.59% | 32.66% | 32.42% | 33.17% | 34.05% | 35.34% | 35.67% | 35.08% | 35.39% | 34.84% | 33.90% | 34.01% | 33.39% | 33.37% | 34.41% | 35.63% |
| Operating profit margin | 7.23% | 8.37% | 9.54% | 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% | 10.36% | 11.03% | 12.45% | 14.07% |
| Pretax margin | 6.49% | 7.69% | 8.93% | 12.73% | 12.34% | 11.20% | 10.73% | 11.30% | 12.72% | 13.59% | 13.93% | 13.17% | 12.11% | 11.12% | 9.89% | 10.27% | 10.27% | 10.94% | 18.07% | 27.06% |
| 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% |
Toro Co.'s profitability ratios demonstrate a relatively stable performance over the quarters analyzed. The gross profit margin has shown a slight improvement, ranging between 32.42% to 34.73% over the past eight quarters, indicating efficient management of production costs and pricing strategies.
The operating profit margin has also maintained consistency, with values ranging from 11.12% to 13.87%. This suggests effective control over operating expenses, leading to a steady level of profitability from core business operations.
The pretax margin has displayed some variability, from 7.93% to 13.33%, possibly impacted by factors such as changes in tax rates, interest expenses, or non-operating income. However, the margins remain relatively healthy, reflecting the company's ability to generate earnings before tax adjustments.
The net profit margin, representing the bottom line profitability, has fluctuated within a narrow range of 6.53% to 10.73%. This indicates that Toro Co. has been able to efficiently manage taxation, interest costs, and other non-operating expenses to sustain a consistent level of net income relative to total revenue.
Overall, Toro Co. has demonstrated sound profitability performance with stable margins across different periods, reflecting effective cost management and operational efficiency.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.91% | 9.94% | 12.01% | 16.98% | 16.19% | 14.52% | 13.17% | 14.40% | 17.65% | 18.11% | 17.74% | 16.58% | 14.94% | 13.37% | 11.89% | 13.89% | 13.95% | 14.06% | 13.94% | 23.18% |
| Return on assets (ROA) | 5.98% | 7.68% | 9.33% | 13.15% | 12.47% | 11.22% | 10.26% | 11.32% | 13.96% | 14.22% | 13.84% | 12.90% | 11.56% | 10.51% | 9.51% | 11.42% | 11.76% | 11.90% | 18.16% | 40.44% |
| Return on total capital | 11.02% | 14.25% | 16.97% | 24.47% | 24.57% | 21.93% | 20.70% | 22.19% | 28.13% | 29.64% | 29.55% | 26.05% | 24.37% | 21.55% | 20.08% | 24.49% | 23.71% | 23.34% | 23.23% | 37.83% |
| Return on equity (ROE) | 14.68% | 18.52% | 22.66% | 33.29% | 32.80% | 29.99% | 29.18% | 32.88% | 35.61% | 34.11% | 33.72% | 31.44% | 29.57% | 28.06% | 27.15% | 31.20% | 31.87% | 32.56% | 55.61% | 94.51% |
Toro Co.'s profitability ratios show a consistent trend of strong performance over the past eight quarters.
The Operating Return on Assets (Operating ROA) has been relatively stable, ranging from 13.17% to 17.87%. This indicates that the company is effectively utilizing its assets to generate operating income.
Return on Assets (ROA) also demonstrates consistent profitability, with figures ranging from 7.57% to 13.82%. This ratio reflects the company's ability to generate profit from its total assets, including both operating and non-operating activities.
The Return on Total Capital has shown a steady increase over the quarters, ranging from 19.53% to 25.71%. This metric indicates the company's ability to generate returns on both debt and equity capital invested in the business.
Return on Equity (ROE) is another key indicator of profitability, and Toro Co.'s performance in this area has been impressive, with figures ranging from 18.59% to 33.29%. This shows the company's ability to generate returns for shareholders based on the equity invested in the company.
Overall, Toro Co. has exhibited strong profitability ratios, showcasing efficient asset utilization, healthy returns on capital, and attractive returns for shareholders over the past eight quarters.