Toro Corp.
TORO
#9111
Rank
โ‚น5.21 B
Marketcap
๐Ÿ‡จ๐Ÿ‡พ
Country
โ‚น273.15
Share price
-0.61%
Change (1 day)
-18.90%
Change (1 year)

Operating Margin for Toro Corp. (TORO)

Operating Margin as of November 2024 (TTM): 0.00%

According to Toro Corp.'s latest financial reports and stock price the company's current Operating Margin is 0.00%. At the end of 2023 the company had an Operating Margin of 180.61%.

Operating Margin history for Toro Corp. from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023180.61%291.59%
202246.12%-1704.9%
2021-2.87%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.