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Toro Corp. logo

Toro Corp.

TORO

NASDAQIndustrialsMarine Shipping

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Regular session

$6.08

−$0.08 · -1.30%

Aug 24, 10:10 AM ET

TORO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

54

Fair Value

Momentum

41

Neutral

Sentiment

59

Mixed

Risk resilience

38

High Risk

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Company profile

Company website

Toro Corp. is a maritime shipping company specializing in acquiring, owning, operating, and chartering oil tanker vessels. These vessels transport crude oil and refined petroleum products across the globe. Its operations are structured around two main segments: Aframax/LR2 tankers and Handysize tankers. The firm boasts a fleet of eight tankers, collectively capable of carrying 0.7 million deadweight tons (dwt) of cargo. Established in 2022, Toro Corp. maintains its corporate headquarters in Limassol, Cyprus.

Industry
Marine Shipping
Sector
Industrials
Headquarters
CY
CEO
Petros Panagiotidis
Listed since
Mar 3, 2023
Employees
0

Market position

Day range

Current $6.08

52-week range

Current $6.08

Open
$6.06
Previous close
$6.16
Volume
3.48K
0.05× average
Average volume
63.65K
Average daily volume
Market cap
210.12M USD
Beta
2.62
Market reference 1
50-day average
$5.2024
+16.87% above average
200-day average
$4.7154
+28.94% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends696%434%172%-90%Gross margin, FY2021: 0.53%Gross margin, FY2022: 57.71%Gross margin, FY2023: 23.90%Gross margin, FY2024: 20.84%Gross margin, FY2025: 18.75%Operating margin, FY2021: -2.51%Operating margin, FY2022: 44.32%Operating margin, FY2023: -0.12%Operating margin, FY2024: -24.82%Operating margin, FY2025: -22.06%Net margin, FY2021: -4.89%Net margin, FY2022: 319.27%Net margin, FY2023: 630.53%Net margin, FY2024: 112.56%Net margin, FY2025: 28.15%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 0.53%. Gross margin FY2022 57.71%. Gross margin FY2023 23.90%. Gross margin FY2024 20.84%. Gross margin FY2025 18.75%. Operating margin FY2021 -2.51%. Operating margin FY2022 44.32%. Operating margin FY2023 -0.12%. Operating margin FY2024 -24.82%. Operating margin FY2025 -22.06%. Net margin FY2021 -4.89%. Net margin FY2022 319.27%. Net margin FY2023 630.53%. Net margin FY2024 112.56%. Net margin FY2025 28.15%.

Income trends

Revenue

21.08M USD-5.86%

Operating income

−4.65M USD+16.33%

Net income

5.93M USD-76.46%
Income trends across reported periods155.26M USD96.78M USD38.3M USD−20.18M USDRevenue, FY2021: 29.26M USDRevenue, FY2022: 15.64M USDRevenue, FY2023: 22.3M USDRevenue, FY2024: 22.39M USDRevenue, FY2025: 21.08M USDOperating income, FY2021: −734.18K USDOperating income, FY2022: 6.93M USDOperating income, FY2023: −26.03K USDOperating income, FY2024: −5.56M USDOperating income, FY2025: −4.65M USDNet income, FY2021: −1.43M USDNet income, FY2022: 49.93M USDNet income, FY2023: 140.64M USDNet income, FY2024: 25.21M USDNet income, FY2025: 5.93M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 29.26M USD. Revenue FY2022 15.64M USD. Revenue FY2023 22.3M USD. Revenue FY2024 22.39M USD. Revenue FY2025 21.08M USD. Operating income FY2021 −734.18K USD. Operating income FY2022 6.93M USD. Operating income FY2023 −26.03K USD. Operating income FY2024 −5.56M USD. Operating income FY2025 −4.65M USD. Net income FY2021 −1.43M USD. Net income FY2022 49.93M USD. Net income FY2023 140.64M USD. Net income FY2024 25.21M USD. Net income FY2025 5.93M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue21.08M USD22.39M USD22.3M USD15.64M USD29.26M USD
Cost of goods sold17.13M USD17.73M USD16.97M USD6.61M USD29.11M USD
Gross profit3.95M USD4.67M USD5.33M USD9.02M USD154.91K USD
Selling, general, and administrative8.6M USD10.2M USD5.36M USD2.09M USD889.1K USD
Operating expenses8.6M USD10.22M USD5.36M USD2.09M USD889.1K USD
Interest income4.58M USD8.72M USD2.05M USD212.94K USD770.65 USD
Interest expense68.12K USD230.53K USD31.82K USD948.61K USD598.1K USD
Depreciation and amortization4.93M USD4.9M USD3.36M USD1.41M USD3.83M USD
Operating income−4.65M USD−5.56M USD−26.03K USD6.93M USD−734.18K USD
Net income5.93M USD25.21M USD140.64M USD49.93M USD−1.43M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.20.110.03-0.06Q3 '24Q4 '24Q1 '25Q2 '25Q4 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Aug 12, 2024: actual 0.066, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 12, 2024: actual -0.01, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 10, 2025: actual 0.16, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 15, 2025: actual -0.01, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 1, 2025: actual 0.02, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 5, 2025: actual 0.01, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 0.036, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 28, 2026: actual -0.02, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates6.54M5.63M4.72M3.81MQ3 '24Q4 '24Q1 '25Q2 '25Q4 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Aug 12, 2024: actual 5.47M USD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 12, 2024: actual 5.32M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 10, 2025: actual 5.23M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 15, 2025: actual 5.54M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 1, 2025: actual 4.06M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 5, 2025: actual 6.28M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 6.11M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 28, 2026: actual 5.96M USD, estimate —, surprise —, Comparison unavailable.

TORO news

businesswire.com

The Toro Company to Announce Fiscal 2026 Third Quarter Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced that it will release its fiscal 2026 third quarter results on…

Read source
zacks.com

Toro (TTC) Upgraded to Buy: Here's What You Should Know

Toro (TTC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read source
businesswire.com

The Toro Company Elects President and Chief Operating Officer Edric C. Funk to Succeed Richard M.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Elects President and Chief Operating Officer Edric C. Funk to Succeed Richard M. Olson as Chief Executive Officer.

Read source
globenewswire.com

Toro Corp. Announces the Date of its 2026 Annual General Meeting of Shareholders

LIMASSOL, Cyprus, July 20, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announced today that its Board of Directors (the ”Board”) has…

Read source
seekingalpha.com

Castor's Discount Could Become Toro's Upside

Toro Corp. offers a compelling risk-reward profile, supported by strong shareholder alignment, the CEO's 74.2% stake, and substantial cash reserves. The CEO's decision to receive the special dividends in shares,…

Read source
zacks.com

First Majestic Closes Deal to Sell Its Del Toro Mine to Sierra Madre

AG closes Del Toro mine sale to Sierra Madre in a cash-and-shares deal worth up to $60M, with milestone payments tied to resources and output.

Read source

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