Toro Co (TTC) Financial Statements
Industry: Lawn & Garden Tractors & Home Lawn & Gardens Equip
In fiscal 2025, Toro reported revenue of $4.51B, down 1.6% from $4.58B the year before. Net income was $316.1M (a 7.0% net margin), or $3.17 per diluted share. Gross margin was 33.4% and operating margin was 9.1%. Operating activities generated $662.0M of cash, leaving $578.3M of free cash flow. At fiscal year end, Toro held $3.44B in total assets against $1.99B in total liabilities.
Open the full interactive Toro financials → Quarterly statements, key ratios, valuation history and price charts.
Toro Key Stats
| Share Price | $97.88 |
|---|---|
| Market Cap | $9.36B |
| P/E Ratio | 30.9 |
| Revenue YoY Growth | -1.6% |
| 52-Week Range | $66.80 – $100.49 |
| Shares Outstanding | 95.2 million (basic, 2026 Q3) |
Toro Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.38B | $3.96B | $4.51B | $4.55B | $4.58B | $4.51B |
| Cost of Goods Sold | $2.19B | $2.62B | $3.01B | $2.98B | $3.03B | $3.01B |
| Gross Profit | $1.19B | $1.34B | $1.50B | $1.58B | $1.55B | $1.50B |
| Operating Income | $426.4M | $518.3M | $575.7M | $430.7M | $533.3M | $409.9M |
| Pre-Tax Income | $407.1M | $499.8M | $552.5M | $400.5M | $512.8M | $377.6M |
| Income Tax | $77.4M | $89.9M | $109.2M | $70.8M | $93.9M | $61.5M |
| Net Income | $329.7M | $409.9M | $443.3M | $329.7M | $418.9M | $316.1M |
| Diluted EPS | $3.03 | $3.78 | $4.20 | $3.13 | $4.01 | $3.17 |
Toro Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $1.07B | $1.04B | $1.42B | $1.23B |
| Net Income | $73.0M | $67.9M | $145.4M | $77.0M |
| Diluted EPS | $0.73 | $0.69 | $1.50 | $0.81 |
Toro Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Current Assets | $1.43B | $1.49B | $1.68B | $1.80B | $1.76B | $1.71B |
| Total Assets | $2.85B | $2.94B | $3.56B | $3.64B | $3.58B | $3.44B |
| Current Liabilities | $855.8M | $937.0M | $1.06B | $948.6M | $976.0M | $912.4M |
| Total Long-Term Debt | $791.1M | $691.2M | $990.8M | $1.03B | $921.8M | $921.5M |
| Total Liabilities | $1.74B | $1.79B | $2.20B | $2.13B | $2.03B | $1.99B |
| Shareholders' Equity | $1.11B | $1.15B | $1.35B | $1.51B | $1.55B | $1.45B |
Toro Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $539.4M | $555.5M | $297.2M | $306.8M | $569.9M | $662.0M |
| Cash From Investing | -$216.1M | -$128.5M | -$548.2M | -$157.7M | -$59.7M | -$77.4M |
| Cash From Financing | $2.4M | -$503.7M | $42.2M | -$147.5M | -$505.1M | -$446.1M |
| Free Cash Flow | $461.3M | $451.5M | $153.7M | $157.3M | $466.4M | $578.3M |
Figures from Toro's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Toro financials page for every line item.
Toro Company Profile
| Ticker | TTC |
|---|---|
| Exchange | NYSE |
| Industry | Lawn & Garden Tractors & Home Lawn & Gardens Equip |
| Headquarters | Bloomington, Minnesota |
| Incorporated in | Minnesota |
| Fiscal Year End | October 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000737758 |
Frequently Asked Questions
What was Toro's revenue in fiscal 2025?
Toro (TTC) reported revenue of $4.51B for fiscal 2025.
What is Toro's annual revenue history?
Toro's annual revenue by fiscal year: 2020: $3.38B; 2021: $3.96B; 2022: $4.51B; 2023: $4.55B; 2024: $4.58B; 2025: $4.51B.
What was Toro's net income in fiscal 2025?
Toro reported net income of $316.1M for fiscal 2025.
What was Toro's earnings per share (EPS) in fiscal 2025?
Toro's diluted EPS was $3.17 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Toro generate in fiscal 2025?
Toro generated $578.3M of free cash flow in fiscal 2025.
What was Toro's revenue last quarter?
In its most recent reported quarter (2026 Q3), Toro reported revenue of $1.23B.
How much debt does Toro have?
Toro reported $921.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Toro are outstanding?
Toro reported a weighted average of 95.2 million basic shares outstanding in 2026 Q3.
What is Toro's market cap?
Based on its latest closing price, Toro (TTC) has a market capitalization of about $9.36B.
When does Toro's fiscal year end?
Toro's fiscal year end, as registered with the SEC, is October 31.
Where is Toro headquartered?
Toro lists its business address in Bloomington, Minnesota in its SEC filings.