Toro Corp
NASDAQ:TORO
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CY |
T
|
Toro Corp
NASDAQ:TORO
|
67.9m USD |
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|
|
| DE |
H
|
Hapag-Lloyd AG
DUS:HLAG
|
20.4B EUR |
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|
|
| ID |
|
Transcoal Pacific Tbk PT
IDX:TCPI
|
55.5T IDR |
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|
|
| CL |
C
|
Compania Sud Americana de Vapores SA
SGO:VAPORES
|
2.4T CLP |
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|
|
| CN |
|
Shanghai Jinjiang Shipping Group Co Ltd
SSE:601083
|
15.5B CNY |
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|
|
| RU |
|
Dal'nevostochnoye Morskoye Parokhodstvo PAO
MOEX:FESH
|
158.6B RUB |
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|
|
| CN |
N
|
Ningbo Ocean Shipping Co Ltd
SSE:601022
|
12.6B CNY |
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|
|
| SG |
Y
|
Yangzijiang Maritime Development Pte Ltd
SGX:8YZ
|
2B SGD |
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|
|
| GR |
|
Capital Clean Energy Carriers Corp
NASDAQ:CCEC
|
1.3B USD |
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|
|
| NO |
S
|
Solstad Maritime ASA
OSE:SOMA
|
10.5B NOK |
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|
|
| SE |
R
|
Rederi Gotland AB
STO:GOTL B
|
6.4B SEK |
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|
Market Distribution
| Min | -11.5% |
| 30th Percentile | 5% |
| Median | 18.3% |
| 70th Percentile | 46.6% |
| Max | 5 777.1% |
Other Profitability Ratios
Toro Corp
Glance View
Toro Corp. is a shipping company, which engages in the acquisition, owning, chartering, and operation of oceangoing tanker vessels. Toro Corp is a shipping company that acquires, owns, charters and operates oceangoing tanker vessels and provides worldwide seaborne transportation services for crude oil and refined petroleum products. The firm operates tanker vessels that engage in the worldwide transportation of crude oil and refined petroleum products using Aframax/LR2 tankers, which transport crude oil, and Handysize tankers, which transport refined petroleum products. The firm operates in two reportable segments: the Aframax/LR2 tanker segment, which provides transportation of crude oil and the Handysize tanker segment, which provides transportation of crude oil as well as refined petroleum products.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Toro Corp is 48%, which is below its 3-year median of 55.7%.
Over the last 3 years, Toro Corp’s Gross Margin has increased from 41.3% to 48%. During this period, it reached a low of 41.3% on Sep 30, 2022 and a high of 72.9% on Jun 30, 2023.
