Toro (TTC)

NYSE Industrials Agricultural & Farm Machinery S&P MidCap 400

$104.84

-0.29 (-0.28%)

Close of Nov 06, 2026 · end-of-day data

Source: Toro's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.39B	$2.51B	$2.62B	$3.14B	$3.38B	$3.96B	$4.51B	$4.55B	$4.58B	$4.51B
Cost of revenue	$1.52B	$1.58B	$1.68B	$2.09B	$2.19B	$2.62B	$3.01B	$2.98B	$3.03B	$3.01B
Gross profit	$874.60M	$920.84M	$941.01M	$1.05B	$1.19B	$1.34B	$1.50B	$1.58B	$1.55B	$1.50B
Research & development	$77.40M	$80.40M	$83.50M	$109.10M	$124.10M	$141.00M	$155.60M	$173.90M	$173.10M	$162.30M
Selling, general & admin	$540.20M	$565.73M	$567.93M	$722.93M	$763.42M	$820.20M	$928.90M	$995.60M	$1.02B	$1.01B
Operating income	$334.40M	$355.11M	$373.08M	$325.03M	$426.36M	$518.30M	$575.70M	$430.70M	$533.30M	$409.90M
Interest expense	$19.34M	$19.11M	$19.10M	$28.84M	$33.16M	$28.70M	$35.70M	$58.70M	$61.90M	$59.10M
Pre-tax income	$330.46M	$353.18M	$372.40M	$322.13M	$407.07M	$499.80M	$552.50M	$400.50M	$512.80M	$377.60M
Income tax	$99.47M	$85.47M	$100.46M	$48.15M	$77.37M	$89.90M	$109.20M	$70.80M	$93.90M	$61.50M
Net income	$230.99M	$267.72M	$271.94M	$273.98M	$329.70M	$409.90M	$443.30M	$329.70M	$418.90M	$316.10M
EBITDA	$398.49M	$420.10M	$434.36M	$412.73M	$521.97M	$617.60M	$684.50M	$549.90M	$661.50M	$552.80M
EPS (basic)	$2.10	$2.47	$2.56	$2.57	$3.06	$3.82	$4.23	$3.16	$4.04	$3.18
EPS (diluted)	$2.06	$2.41	$2.50	$2.53	$3.03	$3.78	$4.20	$3.13	$4.01	$3.17
Diluted shares	111.99M	111.25M	108.66M	108.09M	108.66M	108.50M	105.60M	105.30M	104.40M	99.80M
Gross margin	36.6%	36.8%	35.9%	33.4%	35.2%	33.8%	33.3%	34.6%	33.8%	33.4%
Operating margin	14.0%	14.2%	14.2%	10.4%	12.6%	13.1%	12.8%	9.5%	11.6%	9.1%
Net margin	9.7%	10.7%	10.4%	8.7%	9.8%	10.4%	9.8%	7.2%	9.1%	7.0%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$273.56M	$310.26M	$289.12M	$151.83M	$479.90M	$405.60M	$188.20M	$193.10M	$199.50M	$341.00M
Receivables	$157.91M	$176.01M	$185.13M	$220.53M	$223.10M	$252.76M	$290.00M	$407.40M	$459.70M	$378.20M
Inventory	$307.03M	$328.99M	$358.26M	$651.66M	$652.43M	$738.17M	$1.05B	$1.09B	$1.04B	$920.80M
Total current assets	$779.01M	$859.89M	$894.64M	$1.12B	$1.43B	$1.49B	$1.68B	$1.80B	$1.76B	$1.71B
Goodwill	$194.78M	$205.03M	$225.29M	$362.25M	$424.07M	$421.70M	$583.30M	$450.80M	$450.30M	$450.90M
Total assets	$1.38B	$1.49B	$1.57B	$2.33B	$2.85B	$2.94B	$3.56B	$3.64B	$3.58B	$3.44B
Total current liabilities	$463.84M	$521.80M	$532.63M	$756.97M	$855.80M	$937.02M	$1.06B	$948.60M	$976.00M	$912.40M
Short-term debt	$22.48M	$26.26M	$0	$79.91M	$99.87M	$0	$0	$0	$10.00M	$0
Long-term debt	$328.48M	$305.63M	$312.55M	$620.90M	$691.25M	$691.24M	$990.80M	$1.03B	$911.80M	$921.50M
Total debt	$350.96M	$331.89M	$312.55M	$700.81M	$791.12M	$691.24M	$990.80M	$1.03B	$921.80M	$921.50M
Total liabilities	$834.54M	$876.70M	$902.07M	$1.47B	$1.74B	$1.79B	$2.20B	$2.13B	$2.03B	$1.99B
Shareholders' equity	$550.03M	$617.09M	$668.92M	$859.58M	$1.11B	$1.15B	$1.35B	$1.51B	$1.55B	$1.45B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$384.29M	$360.75M	$364.81M	$337.37M	$539.37M	$555.50M	$297.20M	$306.80M	$569.90M	$662.00M
Capital expenditures	$50.72M	$58.28M	$90.12M	$92.88M	$78.07M	$104.00M	$143.50M	$149.50M	$103.50M	$83.70M
Free cash flow	$333.56M	$302.47M	$274.68M	$244.49M	$461.31M	$451.50M	$153.70M	$157.30M	$466.40M	$578.30M
Investing cash flow	-$48.91M	-$83.76M	-$127.92M	-$772.94M	-$216.08M	-$128.50M	-$548.30M	-$157.70M	-$59.70M	-$77.40M
Financing cash flow	-$182.93M	-$245.27M	-$252.07M	$299.50M	$2.35M	-$503.70M	$42.20M	-$147.50M	-$505.10M	-$446.10M
Dividends paid	$65.89M	$75.76M	$85.03M	$96.13M	$107.70M	$112.40M	$125.70M	$141.90M	$149.50M	$151.10M
Share buybacks	$109.99M	$159.35M	$160.44M	$20.04M	$0	$302.30M	$140.00M	$60.00M	$245.50M	$290.00M
Stock-based compensation	$10.64M	$13.52M	$12.16M	$13.43M	$15.41M	$21.80M	$22.10M	$19.40M	$23.00M	$19.00M
Depreciation & amortization	$64.10M	$64.99M	$61.28M	$87.70M	$95.61M	$99.30M	$108.80M	$119.20M	$128.20M	$142.90M

Income statement

quarters · USD

Quarter ended	Oct 2023	Feb 2024	May 2024	Aug 2024	Oct 2024	Jan 2025	May 2025	Aug 2025	Oct 2025	Jan 2026	May 2026	Jul 2026
Revenue	$983.20M	$1.00B	$1.35B	$1.16B	$1.08B	$995.00M	$1.32B	$1.13B	$1.07B	$1.04B	$1.42B	$1.23B
Cost of revenue	$653.60M	$657.40M	$896.00M	$754.10M	$727.00M	$659.40M	$881.20M	$749.50M	$715.50M	$699.80M	$942.00M	$807.70M
Gross profit	$329.60M	$344.50M	$453.00M	$402.80M	$349.00M	$335.60M	$436.70M	$381.80M	$350.70M	$336.50M	$482.70M	$418.10M
Selling, general & admin	$235.00M	$255.90M	$265.40M	$254.70M	$240.00M	$257.80M	$261.90M	$235.90M	$258.20M	$249.40M	$287.70M	$259.80M
Operating income	$94.60M	$88.60M	$187.60M	$148.10M	$109.00M	$77.80M	$174.80M	$64.80M	$92.50M	$87.10M	$195.00M	$115.20M
Interest expense	$14.88M	$16.20M	$16.70M	$14.50M	$14.50M	$15.00M	$15.80M	$15.10M	$13.20M	$14.20M	$14.80M	$13.80M
Pre-tax income	$86.90M	$80.10M	$179.20M	$144.20M	$109.30M	$66.10M	$168.70M	$57.80M	$85.00M	$86.90M	$183.40M	$106.90M
Income tax	$16.60M	$15.20M	$34.40M	$24.90M	$19.40M	$13.30M	$31.90M	$4.30M	$12.00M	$19.00M	$38.00M	$29.90M
Net income	—	$64.90M	$144.80M	$119.30M	$89.90M	$52.80M	$136.80M	$53.50M	$73.00M	$67.90M	$145.40M	$77.00M
EBITDA	$121.50M	$110.60M	$209.00M	$170.20M	$137.20M	$109.90M	$207.90M	$97.70M	$137.30M	$121.30M	$232.80M	$144.50M
EPS (basic)	$0.68	$0.62	$1.39	$1.15	$0.88	$0.52	$1.37	$0.54	$0.75	$0.69	$1.51	$0.81
EPS (diluted)	$0.67	$0.62	$1.38	$1.14	$0.87	$0.52	$1.37	$0.54	$0.75	$0.69	$1.50	$0.81
Diluted shares	-100.00K	104.70M	104.90M	104.50M	-400.00K	101.70M	100.10M	99.00M	-500.00K	98.30M	97.10M	95.60M
Gross margin	33.5%	34.4%	33.6%	34.8%	32.4%	33.7%	33.1%	33.7%	32.9%	32.5%	33.9%	34.1%
Operating margin	9.6%	8.8%	13.9%	12.8%	10.1%	7.8%	13.3%	5.7%	8.7%	8.4%	13.7%	9.4%
Net margin	—	6.5%	10.7%	10.3%	8.4%	5.3%	10.4%	4.7%	6.8%	6.6%	10.2%	6.3%

Balance sheet

quarters · USD

Quarter ended	Oct 2023	Feb 2024	May 2024	Aug 2024	Oct 2024	Jan 2025	May 2025	Aug 2025	Oct 2025	Jan 2026	May 2026	Jul 2026
Cash & equivalents	$193.10M	$198.50M	$188.80M	$221.10M	$199.50M	$171.30M	$176.50M	$201.00M	$341.00M	$189.00M	$180.40M	$175.30M
Receivables	$407.40M	$489.10M	$623.10M	$532.30M	$459.70M	$494.30M	$602.50M	$472.70M	$378.20M	$486.10M	$575.10M	$496.10M
Inventory	$1.09B	$1.18B	$1.10B	$1.08B	$1.04B	$1.14B	$1.12B	$1.04B	$920.80M	$983.70M	$923.40M	$882.70M
Total current assets	$1.80B	$1.97B	$2.02B	$1.91B	$1.76B	$1.90B	$1.98B	$1.79B	$1.71B	$1.74B	$1.76B	$1.66B
Goodwill	$450.80M	$451.20M	$450.70M	$450.20M	$450.30M	$449.80M	$450.80M	$450.80M	$450.90M	$592.10M	$591.00M	$576.50M
Total assets	$3.64B	$3.80B	$3.85B	$3.73B	$3.58B	$3.70B	$3.79B	$3.52B	$3.44B	$3.70B	$3.71B	$3.54B
Total current liabilities	$948.60M	$921.90M	$1.05B	$984.40M	$976.00M	$993.10M	$1.09B	$955.90M	$912.40M	$1.03B	$1.13B	$1.05B
Short-term debt	$0	$6.80M	$13.50M	$25.30M	$10.00M	$15.00M	$20.00M	$20.00M	$0	$10.00M	$0	$0
Long-term debt	$1.03B	$1.18B	$1.00B	$966.60M	$911.80M	$1.09B	$1.08B	$1.01B	$921.50M	$1.06B	$1.02B	$962.00M
Total debt	$1.03B	$1.19B	$1.02B	$991.90M	$921.80M	$1.11B	$1.10B	$1.03B	$921.50M	$1.07B	$1.02B	$962.00M
Total liabilities	$2.13B	$2.25B	$2.20B	$2.10B	$2.03B	$2.23B	$2.31B	$2.11B	$1.99B	$2.28B	$2.34B	$2.20B
Shareholders' equity	$1.51B	$1.55B	$1.65B	$1.64B	$1.55B	$1.47B	$1.48B	$1.41B	$1.45B	$1.42B	$1.37B	$1.34B

Cash flow

quarters · USD

Quarter ended	Oct 2023	Feb 2024	May 2024	Aug 2024	Oct 2024	Jan 2025	May 2025	Aug 2025	Oct 2025	Jan 2026	May 2026	Jul 2026
Operating cash flow	$152.10M	-$92.20M	$227.30M	$194.70M	$240.10M	-$48.60M	$171.70M	$225.80M	$313.10M	$26.10M	$267.40M	$182.70M
Capital expenditures	$43.80M	$19.10M	$20.40M	$24.10M	$39.90M	$19.10M	$19.30M	$18.60M	$26.70M	$11.50M	$16.50M	$23.10M
Free cash flow	$108.30M	-$111.30M	$206.90M	$170.60M	$200.20M	-$67.70M	$152.40M	$207.20M	$286.40M	$14.60M	$250.90M	$159.60M
Investing cash flow	-$38.50M	-$19.10M	-$18.40M	-$5.90M	-$16.30M	-$19.10M	-$23.30M	-$8.30M	-$26.70M	-$210.40M	-$16.30M	-$21.50M
Financing cash flow	-$65.10M	$114.10M	-$217.50M	-$157.10M	-$244.60M	$44.60M	-$149.50M	-$193.20M	-$148.00M	$25.10M	-$257.50M	-$164.10M
Dividends paid	$35.40M	$37.60M	$37.50M	$37.50M	$36.90M	$38.50M	$37.80M	$37.50M	$37.30M	$38.30M	$37.50M	$37.00M
Share buybacks	$0	$0	$10.00M	$99.20M	$136.30M	$100.00M	$100.00M	$90.00M	$0	$94.90M	$190.20M	$73.00M
Stock-based compensation	$5.00M	$8.40M	$6.90M	$4.20M	$3.50M	$4.40M	$5.40M	$5.50M	$3.70M	$5.90M	$6.60M	$5.70M
Depreciation & amortization	$26.90M	$22.00M	$21.40M	$22.10M	$28.20M	$32.10M	$33.10M	$32.90M	$44.80M	$34.20M	$37.80M	$29.30M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.