Toro Corp. (TORO) Earnings History
Annual and quarterly earnings data from 2021 to 2024
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TORO EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
TORO Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 20.8% | -24.8% | 112.6% |
| 2023 | 67.8% | 174.4% | 179.2% |
| 2022 | 71.2% | 44.3% | 319.3% |
| 2021 | 0.5% | -2.5% | -4.9% |
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Toro Corp. (TORO) Earnings Overview
As of May 8, 2026, Toro Corp. (TORO) reported trailing twelve-month net income of $5M, reflecting -85.6% year-over-year growth. The company earned $0.08 per diluted share over the past four quarters, with a net profit margin of 112.6%.
Looking at the long-term picture, TORO's historical earnings data spans multiple years. The company achieved its highest annual net income of $141M in fiscal 2023.
Toro Corp. maintains industry-leading profitability with a gross margin of 20.8%, operating margin of -24.8%, and net margin of 112.6%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including TOPS ($1M net income, 5.8% margin), GLBS (-$2M net income, -4.0% margin), ESEA ($137M net income, 60.1% margin), TORO has outperformed on profitability metrics. Compare TORO vs TOPS →
TORO Earnings vs Peers
Earnings metrics vs comparable public companies
TORO Historical Earnings Data (2021–2024)
4 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $25M | -82.1% | -$6M | $1.09 | 112.6% | -24.8% |
| 2023 | $141M | +181.7% | $137M | $7.56 | 179.2% | 174.4% |
| 2022 | $50M | +3590.4% | $7M | $5.28 | 319.3% | 44.3% |
| 2021 | -$1M | - | $-734,184 | $-0.15 | -4.9% | -2.5% |
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Start ComparisonTORO — Frequently Asked Questions
Quick answers to the most common questions about buying TORO stock.
Is TORO growing earnings?
TORO EPS fell to $0.08, with earnings declining -85.6%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $5M.
What are TORO's profit margins?
Toro Corp. net margin is +112.6%, with operating margin at -24.8%. Above-average margins indicate pricing power.
How consistent are TORO's earnings?
TORO earnings data spans 2021-2024. The declining earnings trend is -85.6% YoY. Historical data enables comparison across business cycles.