• Toro average net profit margin for 2023 was 9.03%, a 1.42% decline from 2022.
• Toro average net profit margin for 2022 was 9.16%, a 14.95% decline from 2021.
• Toro average net profit margin for 2021 was 10.77%, a 21.15% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.