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Toro Company TTC Operating margin

Operating margin at other companies

Middleby logo
MiddlebyMIDD
17.1%-3.2pp
AGCO logo
AGCOAGCO
6%+4.5pp
United Rentals logo
United RentalsURI
24.7%-1.1pp
Tractor Supply Company logo
Tractor Supply CompanyTSCO
9.3%-0.4pp
Caterpillar logo
CaterpillarCAT
16.5%-2.7pp
Home Depot logo
Home DepotHD
12.4%-0.8pp

Other financials

Income statement

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Revenue$1.4B+8.1%
Gross profit$482.7M+10.5%
Operating income$195.0M+11.6%
Net income$145.4M+6.3%
EPS (diluted)$1.50+9.5%

Balance sheet

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Cash & equivalents$180.4M+2.2%
Total debt$1.1B-6.2%
Total equity$1.4B-7.3%
Total assets$3.7B-2.2%

Cash flow

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Operating cash flow$267.4M+55.7%
CapEx$16.5M-14.5%
Free cash flow$250.9M+64.6%

Valuation

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Market cap$8.82B+34.2%
Enterprise value$9.78B+28.7%
P/E26×+9.5×
P/S1.9×+0.4×

Profitability

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Gross margin33.3%-0.2pp
Net margin7.3%-1.5pp
FCF margin16.3%+6.3pp

Returns & leverage

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Return on equity23.9%-1.6pp
Debt / equity0.8×0.0×
Current ratio1.6×-0.3×

Where this comes from

Calculated from Toro Company’s reported figures.

Based on trailing twelve months.

The official record: Toro Company’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Toro Company's operating margin?
Toro Company (TTC) reported operating margin of 9.4% in Q1 2026.
How has Toro Company's operating margin changed year-over-year?
Toro Company's operating margin decreased by 15.9% year-over-year, from 11.2% to 9.4%.
What is the long-term trend for Toro Company's operating margin?
Over 5 years (2020 to 2025), Toro Company's operating margin has grown at a -6.4% compound annual growth rate (CAGR), from 12.6% to 9.1%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.