Toro Co (TTC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 34.04% | 34.43% | 34.45% | 35.12% | 35.10% | 35.14% | 35.09% | 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% |
| 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% |
| Pretax margin | 11.27% | 11.04% | 7.30% | 8.04% | 8.91% | 9.75% | 13.46% | 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% |
| Net profit margin | 9.20% | 8.99% | 6.09% | 6.62% | 7.34% | 8.04% | 10.84% | 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% |
Toro Co's profitability ratios have shown some fluctuations over the past few quarters.
Gross profit margin has generally remained relatively stable, ranging from around 32.42% to 35.45% in the most recent quarters. This indicates that the company has been able to maintain a consistent level of profitability on its sales after accounting for the cost of goods sold.
Operating profit margin has also shown stability over time, fluctuating between 8.08% to 14.44%. This suggests that Toro Co has been effectively managing its operating expenses in relation to its revenue, maintaining profitability at the operating level.
Pretax margin has exhibited some variability, with the lowest point being 7.30% and the highest being 13.93%. This ratio gives insight into the company's overall profitability before accounting for taxes, showing its ability to generate earnings relative to its total revenue.
Net profit margin has followed a similar trend, with fluctuations between 6.09% and 11.26%. This ratio reflects the company's bottom-line profitability after considering all expenses and taxes, indicating how efficient Toro Co is at turning revenue into net income.
Overall, Toro Co's profitability ratios paint a picture of a company that has generally been able to maintain a reasonable level of profitability, despite some fluctuations in margins over the analyzed quarters.
Return on investment
| 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 return on assets (Operating ROA) | 14.89% | 13.90% | 9.13% | 10.07% | 11.82% | 13.57% | 17.87% | 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% |
| Return on assets (ROA) | 11.69% | 10.70% | 6.88% | 7.57% | 9.05% | 10.51% | 13.82% | 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% |
| Return on total capital | 21.65% | 19.93% | 13.25% | 14.04% | 16.94% | 19.17% | 25.71% | 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% |
| Return on equity (ROE) | 26.99% | 24.40% | 16.05% | 18.59% | 21.83% | 25.52% | 33.15% | 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% |
Toro Co's profitability ratios exhibit a positive trend over the periods analyzed.
- Operating return on assets (Operating ROA) has shown an increasing trend, indicating that the company is generating more operating income relative to its assets. This suggests improved operational efficiency and asset utilization over time.
- Return on assets (ROA) has also been on the rise, indicating that Toro Co is generating more profits from its total assets. This metric provides a broader view of the company's overall profitability and efficiency.
- Return on total capital has shown a steady increase, reflecting the company's ability to generate returns for both debt and equity holders. This metric indicates that Toro Co is effectively utilizing its total capital to generate profits.
- Return on equity (ROE) has displayed a consistent upward trajectory, indicating that the company is generating increasing returns for its shareholders. This metric is particularly important as it measures the profitability of the company from the perspective of its equity investors.
Overall, Toro Co's profitability ratios demonstrate a positive financial performance, with a focus on efficient asset utilization, solid profitability, and increasing returns for both debt and equity stakeholders.