The Toro Company
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 35.0% | 12.5% | 8.4% |
| FY2016 | 36.6% | 14.0% | 9.7% |
| FY2017 | 36.8% | 14.2% | 10.7% |
| FY2018 | 35.9% | 14.2% | 10.4% |
| FY2019 | 33.4% | 10.4% | 8.7% |
| FY2020 | 35.2% | 12.6% | 9.8% |
| FY2021 | 33.8% | 13.1% | 10.4% |
| FY2022 | 33.3% | 12.8% | 9.8% |
| FY2023 | 34.6% | 9.5% | 7.2% |
| FY2024 | 33.8% | 11.6% | 9.1% |