YOLFTbeta
Toro Ltd

Toro Ltd

TORO · NASDAQ · Energy / Oil & Gas Midstream

3.81USD-0.06 (-1.55%)

Price History

Full chart

Market Stats

Previous Close3.87
Open3.86
Day Range3.80 – 3.93
52-Week Range1.91 – 7.50
Volume12.57K
Market Cap181.09M
P/E (TTM)262.00
Forward P/E0.00
EPS0.02
Dividend Yield32.05%
Beta2.64
50-Day Avg5.76
200-Day Avg4.98

About

Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing LPG carrier vessels and MR tankers worldwide. It operates through three segments, Eco Tanker, Non-Eco Tanker, and LPG Carrier segments. The company provides energy seaborne transportation services for LPG. It also operates and maintains a fleet of two LPG carrier vessels; and a fleet of two MR tankers with an aggregate cargo carrying capacity of 0.1 million deadweight tonnage. The company was formerly known as Tankco Shipping Inc. and changed its name to Toro Corp. in September 2022. Toro Corp. was founded in 2022 and is based in Limassol, Cyprus. Toro Corp. is a prior subsidiary of Castor Maritime Inc.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Petros Panagiotidis
  • Employees0
  • Headquarters223 Christodoulou Chatzipavlou Street, Limassol, Cyprus, 3036, USA
  • Websitehttps://www.torocorp.com

Leadership

  • Mr. Petros PanagiotidisCEO & Chairman · b. 1990
  • Mr. Theologos PagiaslisChief Financial Officer · b. 1986
  • Mr. Angelos Rounick PlataniasIndependent Non-Executive Director & Secretary · b. 1991

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue29.26M15.64M22.30M22.39M21.08M
Growth (%)--46.56%+42.63%+0.40%-5.86%
Cost of Revenue29.11M6.61M16.97M17.73M17.13M
Gross Profit154.91K9.02M5.33M4.67M3.95M
Gross Margin0.53%57.71%23.90%20.84%18.75%
Operating Expense889.10K2.09M5.36M10.22M8.60M
Operating Income-734.18K6.93M-26.03K-5.56M-4.65M
Operating Margin-2.51%44.32%-0.12%-24.82%-22.06%
EBITDA2.99M8.34M14.62M10.64M10.62M
EBITDA Margin10.23%53.33%65.57%47.53%50.36%
Net Income-1.43M49.93M140.64M25.21M5.93M
Net Income Margin-4.89%319.27%630.53%112.56%28.15%
Interest Expense598.10K948.61K31.82K230.53K68.12K
Interest Expense % of Total Revenue2.04%6.07%0.14%1.03%0.32%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets124.05M157.48M308.10M326.41M331.35M
Total Liabilities20.02M16.98M11.76M4.70M41.94M
Total Equity104.03M140.50M296.34M321.71M289.41M
Cash4.96M41.78M155.24M37.19M87.42M
Total Debt16.00M13.07M5.21M--
Net Debt11.04M-28.71M-150.02M-37.19M-87.42M

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-4.42M41.54M56.13M14.56M-6.25M
Investing Cash Flow-111.29M11.79M50.71M-122.57M67.79M
Financing Cash Flow121.37M-16.51M6.27M-10.39M-11.31M
Capital Expenditure111.29M852.60K72.24M129.05K66.77M
Free Cash Flow-115.70M40.69M-16.11M14.44M-73.02M
Dividends Paid00851.67K1.40M1.40M
FCF to OCF2620.66%97.95%-28.71%99.18%1168.63%
Dividend Paid to FCF0.00%0.00%-5.29%9.69%-1.92%

Earnings

Report DateNov 16, 2022Feb 2, 2023Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Jun 27, 2025Aug 12, 2025Dec 9, 2025Dec 31, 2025May 28, 2026Oct 7, 2026
EPS Estimate0.000.00--------------
EPS Actual0.701.922.463.291.920.600.51-0.01-0.02-0.01-0.010.010.000.04-0.02-
Surprise----------------
Timing----------Pre-market-Pre-market---

Key Statistics & Ratios

Market Cap181.09M
Enterprise Value242.66M
Trailing P/E262.00
Forward P/E0.00
Price / Sales8.42
Price / Book1.02
EPS0.02
Book Value7.53
Revenue (TTM)21.51M
Gross Profit (TTM)11.48M
EBITDA67.32K
Profit Margin22.67%
Operating Margin-24.80%
Return on Equity1.45%
Return on Assets-0.87%
Shares Outstanding34.56M
Shares Float4.64M
Beta2.64
Dividend Yield32.05%
Dividend Rate0.00
Payout Ratio149.72%

Ownership Breakdown

Institutions
2.11%
Insiders
74.22%
Retail / Other
23.67%

Top Institutional Holders

  • Renaissance Technologies Corp
    180.15K0.52%
  • Susquehanna International Group, LLP
    97.95K0.28%
  • Two Sigma Investments LLC
    52.25K0.15%
  • The Colony Group LLC
    50.83K0.15%
  • Morgan Stanley - Brokerage Accounts
    30.07K0.09%
  • XTX Topco Ltd
    13.78K0.04%
  • Geode Capital Management, LLC
    11.89K0.03%
  • Larson Financial Group, LLC
    1.44K0.00%
  • Group One Trading, LLC
    1.36K0.00%
  • Paladin Partners, LLC
    1.00K0.00%
  • HARBOUR INVESTMENTS, INC.
    2370.00%
  • UBS Group AG
    1000.00%
  • Hanson Mcclain Inc
    200.00%
  • SBI Securities Co Ltd
    100.00%
  • Northwestern Mutual Wealth Management Co
    100.00%
  • Federation des caisses Desjardins du Quebec
    100.00%
  • Gill Capital Partners
    60.00%
  • Cape Investment Advisory, INC.
    40.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    11.89K0.03%
  • JHVIT Total Stock Market Index I
    7000.00%

Dividends

20262×
0.90May 4, 20261.75Jan 20, 2026