The Toro Company
NYSE•TTC
CEO: Mr. Richard M. Olson
Sector: Industrials
Industry: Manufacturing - Tools & Accessories
Listing Date: 1980-03-17
The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. This segment also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. The Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. It sells its products through a network of distributors, dealers, mass retailers, hardware retailers, equipment rental centers, home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.
Contact Information
8111 Lyndale Avenue South, Bloomington, MN, 55420-1196, United States
952-888-8801
Market Cap
$8.79B
P/E (TTM)
27.9
32.5
Dividend Yield
1.7%
52W High
$90.56
52W Low
$62.34
52W Range
Rank16Top 3.7%
6.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$1.07B-0.91%
4-Quarter Trend
EPS
$0.74-15.91%
4-Quarter Trend
FCF
$286.40M+43.06%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Consolidated Sales Down 1.8% Nine months net sales totaled $3,444.2M, decreasing 1.8 percent from prior year due to Residential segment weakness.
Professional Sales Grew 2.7% Professional segment net sales grew $70.7M to $2,713.7M year-to-date, driven by higher shipments and pricing realization.
Net Earnings Hit By Impairment Nine months net earnings were $243.1M, down from $329.0M, heavily impacted by the $81.1M Spartan impairment charge.
Operating Cash Flow Improved Net cash provided by operating activities reached $348.9M for nine months, up from $329.8M, due to working capital variations.
Risk Factors
Spartan Trade Name Impaired $81.1M non-cash impairment charge recorded in Q3 2025 due to lower expected cash flows for the Spartan business.
Residential Sales Dropped 15.7% Residential segment net sales fell $132.0M year-to-date, driven by lower shipments broadly across the segment and prior divestiture.
Gross Margin Decreased 70 Bps Nine months gross margin compressed 70 basis points to 33.5 percent due to higher material and manufacturing costs.
Inventory Levels Remain Elevated Field inventory levels were higher year-over-year, primarily due to increased underground construction product balances.
Outlook
AMP Initiative Cost Savings AMP initiative delivered $50.6M cumulative savings; anticipates annualized savings reaching $74.5M by fiscal 2027.
Sufficient Liquidity Expected Current liquidity of $983.9M, including cash and credit availability, sufficient for next twelve months operational needs.
Continue Quarterly Dividend Expect to continue paying quarterly cash dividends for the remainder of fiscal 2025, following a 5.6 percent increase.
Evaluating New Tax Legislation Evaluating impact of new U.S. tax legislation signed July 2025, but currently expects no material impact on results.
Peer Comparison
Revenue (TTM)
R$12.68B
TFII$8.06B
PRIM$7.46B
Gross Margin (Latest Quarter)
46.5%
46.4%
ESAB37.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IESC | $9.20B | 29.9 | 40.5% | 5.5% |
| TFII | $9.05B | 28.1 | 12.1% | 42.1% |
| TTC | $8.79B | 27.9 | 21.8% | 29.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.3%
Moderate Growth
4Q Net Income CAGR
11.4%
Profitability Improving
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Mar 4, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Aug 1, 2025|Filed: Sep 4, 2025|Revenue: $1.13B-2.2%|EPS: $0.54-53.0%MissForm 10-Q - Q2 2025
Period End: May 2, 2025|Filed: Jun 5, 2025|Revenue: $1.32B-2.3%|EPS: $1.37-1.4%MeetForm 10-Q - Q1 2025
Period End: Jan 31, 2025|Filed: Mar 6, 2025|Revenue: $995.00M-0.7%|EPS: $0.52-16.1%MissForm 10-K - FY 2024
Period End: Oct 31, 2024|Filed: Dec 18, 2024|Revenue: $4.58B+0.7%|EPS: $4.04+27.8%BeatForm 10-Q - Q3 2024
Period End: Aug 2, 2024|Filed: Sep 5, 2024|Revenue: $1.16B+6.9%|EPS: $1.15-921.4%MissForm 10-Q - Q2 2024
Period End: May 3, 2024|Filed: Jun 6, 2024|Revenue: $1.35B+0.7%|EPS: $1.39-13.1%BeatForm 10-Q - Q1 2024
Period End: Feb 2, 2024|Filed: Mar 7, 2024|Revenue: $1.00B-12.8%|EPS: $0.62-39.2%MissForm 10-K - FY 2023
Period End: Oct 31, 2023|Filed: Dec 20, 2023|Revenue: $4.55B+0.9%|EPS: $3.16-25.3%Miss