Toro Co (TTC)

The Toro Company provides professional turf maintenance equipment and services. It operates through Professional and Residential segments. It offers riding and walking mowers, greens rollers, all-wheel drive articulating tractors, turf sprayer, utility vehicles, aeration, bunker maintenance, and other turf equipment; sprinkler heads, controllers, turf sensors, valves, and operating software; and riding rotary and reel mowers and attachments, infield grooming equipment, multipurpose vehicles, debris management products, all-wheel drive articulating tractors, sidewalk snow and ice solution vehicles, and related attachments and accessories. The company also provides zero-turn radius riding mowers, walk behind and stand-on mowers, turf application and renovation, tree care, horizontal directional drills, and drilling guidance and support equipment; walk and ride trenchers, vacuum excavators, utility locators and inspection systems, pipe rehabilitation, and replacement solutions; drive chucks and sub savers, drill pipe, starter rods and quick connects, bits and blades, rock tools, reamers, and swivels; and snow removal and ice management solutions. In addition, it offers rotors, sprinkler bodies and nozzles, valves, drip tubing and subsurface irrigation, and electric control devices; wired and wireless rain, freeze, climate, and soil sensors; drip tape, polyethylene tubing, drip line, emitters, filters, fitting, and software related solutions; stand-on skid steers, walk-behind trenchers, stump grinders, material handlers, and other concrete construction equipment; walk power and zero-turn riding mowers, and snow throwers; and grass and hedge trimmers, blower-vacuums, chainsaws, edgers, cultivators, string mowers, and related parts and accessories. The company sells its products through distributors, dealers, mass retailers, hardware retailers, equipment rental and home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.

Symbol
TTC
Exchange
NYSE
Sector
Industrials
Industry
Tools & Accessories
Market cap
$8.95B
52 week range
67.64 - 105.19

Valuation

Share price
$96.36 (close of 2026-09-23)
P/E (TTM)
25.14x
Price to book
6.70x
Price to free cash flow
12.57x
Enterprise value
$9.85B
Book value per share
$14.12

Price performance

PeriodChange
1 day+3.18%
5 days+3.50%
1 month-3.10%
3 months+5.70%
6 months+3.04%
Year to date+22.41%
1 year+24.96%
3 years+20.03%
5 years-3.43%
10 years+107.54%
All time+15195.24%

Profitability and growth

Return on equity
21.75%
Return on invested capital
16.18%
Return on assets
9.19%
Return on capital employed
16.22%
Gross margin
33.36%
Net margin
7.01%
EBITDA margin
12.26%
Revenue growth
-1.60%
Net income growth
-24.54%
Free cash flow growth
23.99%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.95%
Current ratio
1.58x
Net debt to EBITDA
1.36x

Latest reported year

Period end
2025-10-31
Fiscal year
2025
Revenue
$4.51B
Cost of revenue
$3.01B
Gross profit
$1.50B
EBITDA
$552.80M
Net income
$316.10M
Earnings per share
$3.18
Research and development
$162.30M
Shares outstanding
99.50M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-10-31$4.51B$1.50B$316.10M$3.18
2024-10-31$4.58B$1.55B$418.90M$4.04
2023-10-31$4.55B$1.58B$329.70M$3.16
2022-10-31$4.51B$1.50B$443.30M$4.23
2021-10-31$3.96B$1.34B$409.90M$3.82
2020-10-31$3.38B$1.19B$329.70M$3.06
2019-10-31$3.14B$1.05B$273.98M$2.57
2018-10-31$2.62B$941.01M$271.94M$2.56
2017-10-31$2.51B$920.84M-$2.47
2016-10-31$2.39B$874.60M-$2.10

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-10-3133.36%7.01%21.75%16.18%
2024-10-3133.80%9.14%26.99%18.36%
2023-10-3134.65%7.24%21.82%14.51%
2022-10-3133.33%9.82%32.80%20.89%
2021-10-3133.80%10.35%35.61%28.43%
2020-10-3135.21%9.76%29.57%23.14%
2019-10-3133.39%8.73%31.87%19.66%
2018-10-3135.93%10.38%40.65%39.38%
2017-10-3136.76%0.00%0.00%42.22%
2016-10-3136.56%0.00%0.00%37.44%

Cash and debt by year

Period endCashDebt
2025-10-31$341.00M$921.50M
2024-10-31$199.50M$911.80M
2023-10-31$193.10M$1.03B
2022-10-31$188.20M$990.80M
2021-10-31$405.60M$691.24M
2020-10-31$479.90M$691.25M
2019-10-31$151.83M$620.90M
2018-10-31$289.12M$312.55M
2017-10-31$310.26M$305.63M
2016-10-31$273.56M$328.48M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-10-31$578.30M$19.00M
2024-10-31$466.40M$23.00M
2023-10-31$157.30M$19.40M
2022-10-31$153.70M$22.10M
2021-10-31$451.50M$21.80M
2020-10-31$461.31M$15.41M
2019-10-31$244.49M$13.43M
2018-10-31$274.68M$12.16M
2017-10-31$302.47M$13.52M
2016-10-31$333.56M$10.64M

Dividend history

Most recent payment
2026-06-16
Paid in the last twelve months
$1.55
Payment dateDividend per share
2026-06-16$0.39
2026-03-30$0.39
2025-12-22$0.39
2025-10-07$0.38
2025-06-17$0.38
2025-03-31$0.38
2024-12-23$0.38
2024-09-30$0.36

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-09-03Jul/2026$1.30
2026-06-04--
2026-03-05--
2025-12-17--
2025-09-04--
2025-06-05--
2025-03-06--
2024-12-18--

Filings and sources

Company website
thetorocompany.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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