The Toro Company
TTC
$87.20
Share price
0.62%
Change (1 day)
-16.56%
Change (1 year)
Operating Margin for The Toro Company (TTC)
Operating Margin as of April 2024 (TTM): 13.32%
According to The Toro Company 's latest financial reports and stock price the company's current Operating Margin is 13.32%. At the end of 2022 the company had an Operating Margin of 12.24%.
Operating Margin history for The Toro Company from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.24% | -3.04% |
| 2021 | 12.62% | 4.77% |
| 2020 | 12.05% | 17.36% |
| 2019 | 10.27% | -27.82% |
| 2018 | 14.22% | 0.87% |
| 2017 | 14.10% | 2.06% |
| 2016 | 13.81% | 13.49% |
| 2015 | 12.17% | 3.13% |
| 2014 | 11.80% | 6.28% |
| 2013 | 11.11% | 10.83% |
| 2012 | 10.02% | 7.98% |
| 2011 | 9.28% | 11.04% |
| 2010 | 8.36% | 32.92% |
| 2009 | 6.29% | -34.86% |
| 2008 | 9.65% | -15.04% |
| 2007 | 11.36% | 8.21% |
| 2006 | 10.50% | 10.95% |
| 2005 | 9.46% | 2.05% |
| 2004 | 9.27% | 14.77% |
| 2003 | 8.08% | 30.25% |
| 2002 | 6.20% | 4.82% |
| 2001 | 5.92% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Deere & Company DE | 17.35% | 30.26% | 🇺🇸 USA |
 Lindsay Corporation
LNN | 11.40% | -14.41% | 🇺🇸 USA |
 Douglas Dynamics
PLOW | 5.98% | -55.11% | 🇺🇸 USA |
 Alamo Group ALG | 8.87% | -33.41% | 🇺🇸 USA |
 AGCO AGCO | 8.75% | -34.31% | 🇺🇸 USA |
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.