Toro Past Earnings Performance
Past criteria checks 3/6
Toro has been growing earnings at an average annual rate of 168.9%, while the Shipping industry saw earnings growing at 45.9% annually. Revenues have been declining at an average rate of 29.9% per year. Toro's return on equity is 47.5%, and it has net margins of 171.1%.
Key information
168.9%
Earnings growth rate
64.7%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | -29.9% |
| Return on equity | 47.5% |
| Net Margin | 171.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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: TORO has a high level of non-cash earnings.
Growing Profit Margin: TORO's current net profit margins are higher than last year (44.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TORO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare TORO's past year earnings growth to its 5-year average.
Earnings vs Industry: TORO earnings growth over the past year (168.9%) exceeded the Shipping industry -45%.
Return on Equity
High ROE: TORO's Return on Equity (47.5%) is considered outstanding.