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TORO

Toro Corp.

TORO

Toro Corp. • NASDAQ
$3.93 ▲ 1.16% (+0.04)
Market Cap $75.04 M
52w High $4.94
52w Low $1.70
Dividend Yield 0%
P/E 393
Volume 8.54K
Outstanding Shares 19.09M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $4.058M ▼ $3.034M ▲ $1.427M ▼ 35.164% ▲ $0.081 ▲ $-134.657K ▲
Q1-2025 $5.539M ▲ $2.386M ▲ $1.585M ▲ 28.617% ▲ $0.021 ▲ $-319.646K ▼
Q4-2024 $5.229M ▼ $965.626K ▼ $978.027K ▲ 18.705% ▲ $-0.006 ▲ $2.485M ▲
Q3-2024 $5.318M ▼ $4.862M ▲ $975.349K ▼ 18.34% ▼ $-0.009 ▼ $-812.333K ▼
Q2-2024 $5.473M $4.093M $1.127M 20.589% $-0.008 $2.673M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $114.667M ▲ $326.26M ▼ $6.11M ▲ $320.15M ▼
Q1-2025 $92.724M ▲ $329.914M ▲ $6.04M ▲ $323.875M ▲
Q4-2024 $37.42M ▼ $326.407M ▲ $4.696M ▼ $321.712M ▲
Q3-2024 $192.399M ▲ $325.445M ▼ $5.302M ▼ $320.143M ▼
Q2-2024 $189.637M $346.613M $5.63M $340.579M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $1.427M ▼ $-13.441M ▼ $55.049M ▲ $-12.173M ▼ $34.441M ▼ $-13.858M ▼
Q1-2025 $1.483M ▲ $5.881M ▲ $50M ▲ $-350K ▼ $55.531M ▲ $5.881M ▲
Q4-2024 $997.459K ▲ $-2.476M ▼ $-152.115M ▼ $-53.694K ▲ $-154.941M ▼ $-2.481M ▼
Q3-2024 $-18.74M ▼ $3.199M ▼ $99.107K ▲ $-350K $2.948M ▲ $3.119M ▼
Q2-2024 $1.041M $6.133M $-3.005M $-350K $2.779M $6.133M

Five-Year Company Overview

Income Statement

Income Statement Toro Corp. is still a young, relatively small-scale business with very uneven results. Revenue has moved around quite a bit year to year, with a big jump in profitability in the prior year and a noticeable step down more recently. What stands out is that net profit has remained positive in recent years even when operating profit dipped, which suggests one‑off items or non‑operating gains helped the bottom line. Earnings per share are quite volatile, which is typical for a small company in a cyclical space like shipping. Overall, the track record shows the company can be profitable, but its earnings are not yet stable or predictable.

Balance Sheet

Balance Sheet The balance sheet looks conservative and equity‑heavy. Total assets have grown steadily over the last few years, and shareholders’ equity has increased alongside them, indicating growth has mostly been funded by owners rather than by borrowing. Debt is very low relative to the size of the business, which is a key strength in a capital‑intensive, cyclical industry. Cash levels peaked in the prior year and then came down, but still sit higher than in the early years. In plain terms, Toro appears to be lightly leveraged with a solid capital base, though it now has a smaller cash cushion than at its recent high.

Cash Flow

Cash Flow Toro has been able to generate cash from its operations in recent years, which is a good sign that reported profits have real cash behind them. Free cash flow, however, has been choppy. In some years, heavy investment spending pulled free cash flow into negative territory, while in the latest period lower investment led to positive free cash flow again. This pattern is consistent with a company that is still building out its asset base. The key takeaway is that the core business can fund itself in normal conditions, but major spending cycles or a downturn in shipping rates could quickly tighten cash.

Competitive Edge

Competitive Edge There is a bit of a mismatch in the data: the financials describe a small marine shipping company, while the narrative you provided about brand, distribution, and outdoor equipment clearly relates to a different “Toro” operating in turf and landscaping. Based only on the financials and stated industry, Toro Corp. likely operates in a highly competitive, commoditized shipping market where freight rates are driven by global supply and demand, not by brand. Newer, smaller players in this space generally have limited pricing power and depend heavily on efficient operations, good charter contracts, and fleet quality. The opportunity lies in benefiting from strong shipping cycles and tight vessel supply, while the main risks are rate downturns, regulatory changes, and larger, better‑capitalized rivals.

Innovation and R&D

Innovation and R&D The detailed innovation discussion you shared appears to describe an outdoor equipment company focused on battery power, autonomous machines, and connected services. If that profile did apply here, it would point to a strong culture of R&D, use of advanced technology, and a willingness to invest for the long term, supported by cost‑saving programs that free up resources for new products. However, none of this aligns with the typical profile of a small marine shipping firm, which usually spends far less on formal R&D and competes more on fleet composition, routes, and capital discipline than on proprietary technology. So the real picture for Toro Corp.’s innovation efforts remains unclear from the financial data alone.

Summary

Toro Corp. shows signs of being a young, asset‑lightly‑leveraged company in a cyclical, rate‑driven industry. On the positive side, it has grown its asset base, kept debt very low, and produced positive operating cash flow, with periods of strong profitability. On the cautious side, revenue and earnings have been highly volatile, free cash flow has swung with investment cycles, and the business model—based on the stated marine shipping industry—faces the usual sector risks of rate swings, regulatory pressure, and competition from larger players. The qualitative “moat and innovation” description provided seems to refer to a different Toro business, so it should be treated carefully when assessing this ticker. Key things to watch going forward would be how consistently Toro can earn profits through the shipping cycle, how it uses its conservative balance sheet to grow, and whether it can build any durable advantages beyond simply owning and operating vessels.

NEWS

November 25, 2025 · 8:30 AM UTC

The Toro Company to Announce Fiscal 2025 Full-Year Results

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November 20, 2025 · 9:00 AM UTC

Synchrony and The Toro Company Launch New Credit Card for Financing Lawn Equipment

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November 10, 2025 · 7:30 AM UTC

Tornado Infrastructure Equipment Announces Filing of Circular and Receipt of Interim Order in Relation to Proposed Plan of Arrangement With the Toro Company

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October 8, 2025 · 12:00 PM UTC

The Toro Company Names Heather M. Hille Vice President of Corporate Affairs and Investor Relations

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October 7, 2025 · 4:35 PM UTC

The Toro Company Names Grant M. Young Group Vice President of Golf, Grounds and Irrigation

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