• Toro average pre-tax profit margin for 2024 was 9.3%, a 16.06% increase from 2023.
• Toro average pre-tax profit margin for 2023 was 11.08%, a 1.86% decline from 2022.
• Toro average pre-tax profit margin for 2022 was 11.29%, a 14.92% decline from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.