Toro Past Earnings Performance
Past criteria checks 2/6
Toro's earnings have been declining at an average annual rate of -34.8%, while the Shipping industry saw earnings growing at 44.4% annually. Revenues have been declining at an average rate of 72.1% per year. Toro's return on equity is 27.2%, and it has net margins of 222.6%.
Key information
-34.8%
Earnings growth rate
-52.7%
EPS growth rate
| Shipping Industry Growth | 61.1% |
| Revenue growth rate | -72.1% |
| Return on equity | 27.2% |
| Net Margin | 222.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Toro makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 35 | 78 | 11 | 0 |
| 31 Mar 24 | 54 | 132 | 10 | 0 |
| 31 Dec 23 | 78 | 134 | 8 | 0 |
| 30 Sep 23 | 105 | 135 | 7 | 0 |
| 30 Jun 23 | 125 | 119 | 6 | 0 |
| 31 Mar 23 | 126 | 70 | 6 | 0 |
| 31 Dec 22 | 112 | 50 | 5 | 0 |
| 30 Sep 22 | 88 | 26 | 4 | 0 |
| 30 Jun 22 | 67 | 6 | 4 | 0 |
| 31 Mar 22 | 44 | 0 | 3 | 0 |
| 31 Dec 21 | 29 | -1 | 3 | 0 |
Quality Earnings: D0Y has a high level of non-cash earnings.
Growing Profit Margin: D0Y's current net profit margins are higher than last year (95.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if D0Y's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: D0Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: D0Y had negative earnings growth (-34.8%) over the past year, making it difficult to compare to the Shipping industry average (-34%).
Return on Equity
High ROE: D0Y's Return on Equity (27.2%) is considered high.