Toro Co
NYSE:TTC
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Gross Margin
Toro Co
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 8.8B USD |
Gross Margin |
34%
|
Country | US |
Market Cap | 122.2B USD |
Gross Margin |
40%
|
Country | UK |
Market Cap | 14.6B EUR |
Gross Margin |
24%
|
Country | JP |
Market Cap | 2.2T JPY |
Gross Margin |
30%
|
Country | US |
Market Cap | 7.3B USD |
Gross Margin |
25%
|
Country | IN |
Market Cap | 504.4B INR |
Gross Margin |
32%
|
Country | SE |
Market Cap | 34.9B SEK |
Gross Margin |
30%
|
Country | TR |
Market Cap | 74.9B TRY |
Gross Margin |
25%
|
Country | CN |
Market Cap | 11B CNY |
Gross Margin |
16%
|
Country | US |
Market Cap | 1.4B USD |
Gross Margin |
31%
|
Country | IT |
Market Cap | 845.3m EUR |
Gross Margin |
46%
|
Toro Co
Glance View
Toro Company, a leader in the outdoor power equipment industry, has carved out a significant niche since its founding in 1914. Headquartered in Bloomington, Minnesota, Toro specializes in manufacturing and selling equipment and tools for lawn care, landscaping, and turf maintenance. The company's innovative spirit is reflected in its diverse product line, which includes everything from residential mowers to professional-grade equipment used by sports and golf course maintenance teams. Over the years, Toro has built a reputation for reliability and performance, appealing to both individual homeowners and commercial customers alike. Their commitment to sustainability and technological advancements, particularly in electric equipment and smart irrigation systems, positions them well for the evolving preferences of environmentally-conscious consumers. For investors, Toro Co. presents a compelling case. The company has shown consistent revenue growth, driven by a robust demand for outdoor recreational products, particularly in the wake of increased home-centric lifestyles post-pandemic. With a strong focus on research and development, Toro is constantly enhancing its product offerings to meet market trends, which has translated into a solid competitive advantage. The company also offers attractive dividends, reflecting its financial health and commitment to returning value to shareholders. As Toro continues to innovate and expand globally, its strategic initiatives to embrace sustainability and technology may provide significant growth opportunities moving forward, making it a notable contender in the outdoor equipment market.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Toro Co's most recent financial statements, the company has Gross Margin of 34.1%.