Toro (TTC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Sep 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TTC SEC filings page.
Toro (TTC) reported $4.5B in revenue for fiscal year 2025, down 1.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable gross margins mask operating-cost pressure, while strong cash conversion finances shareholder distributions and a shrinking share base.
From FY2024 to FY2025, revenue slipped-1.6% while gross margin held at33.4% , separating volume pressure from product-level profitability. Operating margin contracted by 2.5 points while SG&A stayed roughly flat near$1.0B , indicating that weaker gross profit absorbed more of the same operating-cost base.
Net income fell to
Debt-to-equity rose modestly in FY2025 even as total assets and equity declined, indicating a slightly more leveraged balance-sheet posture. Buybacks and dividends totaled
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Toro's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Toro has an operating margin of 9.1%, meaning the company retains $9 of operating profit per $100 of revenue. This strong profitability earns a score of 72/100, reflecting efficient cost management and pricing power. This is down from 11.6% the prior year.
Toro's revenue declined 1.6% year-over-year, from $4.6B to $4.5B. This contraction results in a growth score of 29/100.
Toro has a moderate D/E ratio of 0.63. This balance of debt and equity financing earns a leverage score of 46/100.
Toro's current ratio of 1.87 indicates adequate short-term liquidity, earning a score of 55/100. The company can meet its near-term obligations, though with limited headroom.
Toro converts 12.8% of revenue into free cash flow ($578.3M). This strong cash generation earns a score of 66/100.
Toro earns a strong 21.8% return on equity (ROE), meaning it generates $22 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 84/100. This is down from 27.0% the prior year.
Toro scores 5.26, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($9.0B) relative to total liabilities ($2.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Toro passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Toro generates $2.09 in operating cash flow ($662.0M OCF vs $316.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Toro earns $6.94 in operating income for every $1 of interest expense ($409.9M vs $59.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Toro generated $1.2B in revenue in Q3 2026. This represents a decrease of 7.0% from the same quarter a year earlier. Against the prior quarter it is up 18.3%.
Toro's EBITDA was $144.5M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 30.5% from the same quarter a year earlier. Against the prior quarter it is up 19.1%.
Toro reported $77.0M in net income in Q3 2026. This represents a decrease of 43.7% from the same quarter a year earlier. Against the prior quarter it is up 13.4%.
Toro earned $0.81 per diluted share (EPS) in Q3 2026. This represents a decrease of 40.9% from the same quarter a year earlier. Against the prior quarter it is up 17.4%.
Cash & Balance Sheet
Toro generated $159.6M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 4.7% from the same quarter a year earlier. Against the prior quarter it is up 993.2%.
Toro held $175.3M in cash against $962.0M in long-term debt as of Q3 2026.
Toro paid $0.39 per share in dividends in Q3 2026. This represents an increase of 2.6% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Toro's gross margin was 34.1% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.6 percentage points.
Toro's operating margin was 9.4% in Q3 2026, reflecting core business profitability. This is down 3.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Toro's net profit margin was 6.3% in Q3 2026, showing the share of revenue converted to profit. This is down 4.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.
Toro's ROE was 5.8% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Capital Allocation
Toro spent $73.0M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 27.0% from the same quarter a year earlier. Against the prior quarter it is down 23.1%.
Toro invested $23.1M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 19.7% from the same quarter a year earlier. Against the prior quarter it is up 100.9%.
Not reported for Q3 2026.
TTC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B-7.0% | $1.0B+4.2% | $1.1B-2.2% | $1.3B-2.3% | $995.0M | $1.2B+6.9% | $1.3B+0.7% | $1.0B-12.8% |
| Cost of Revenue | $807.7M-8.3% | $699.8M+6.1% | $749.5M-0.6% | $881.2M-1.7% | $659.4M | $754.1M+6.3% | $896.0M+4.2% | $657.4M-12.7% |
| Gross Profit | $418.1M-4.3% | $336.5M+0.3% | $381.8M-5.2% | $436.7M-3.6% | $335.6M | $402.8M+8.2% | $453.0M-5.6% | $344.5M-13.0% |
| SG&A Expenses | $259.8M-0.8% | $249.4M-3.3% | $235.9M-7.4% | $261.9M-1.3% | $257.8M | $254.7M+6.0% | $265.4M+1.7% | $255.9M-1.4% |
| Operating Income | $115.2M-34.1% | $87.1M+12.0% | $64.8M-56.2% | $174.8M-6.8% | $77.8M | $148.1M+875.4% | $187.6M-14.3% | $88.6M-35.0% |
| EBITDA | $144.5M-30.5% | $121.3M+10.4% | $97.7M-45.4% | $207.9M-4.5% | $109.9M | $179.0M+2109.9% | $217.8M-11.7% | $119.3M-27.6% |
| Interest Expense | $13.8M-12.7% | $14.2M-5.3% | $15.1M+4.1% | $15.8M-5.4% | $15.0M | $14.5M-3.2% | $16.7M+13.6% | $16.2M+14.9% |
| Income Tax | $29.9M-6.3% | $19.0M+42.9% | $4.3M-82.7% | $31.9M-7.3% | $13.3M | $24.9M+283.1% | $34.4M-20.6% | $15.2M-37.7% |
| Net Income | $77.0M-43.7% | $67.9M+28.6% | $53.5M-55.2% | $136.8M-5.5% | $52.8M | $119.3M+895.3% | $144.8M-13.6% | $64.9M-39.3% |
| EPS (Basic) | $0.81-40.9% | $0.69+32.7% | $0.54-53.0% | $1.37-1.4% | $0.52 | $1.15+921.4% | $1.39-13.1% | $0.62-39.2% |
| EPS (Diluted) | $0.81-40.9% | $0.69+32.7% | $0.54-52.6% | $1.37-0.7% | $0.52 | $1.14+914.3% | $1.38-13.2% | $0.62-38.6% |
| Diluted Shares (Avg) | 96M-4.5% | 98M-3.3% | 99M-5.3% | 100M-4.6% | 102M | 105M+0.2% | 105M-0.7% | 105M-0.9% |
Not reported in any period shown, so not listed: R&D Expenses.
TTC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.5B-6.7% | $3.7B+0.2% | $3.5B-5.7% | $3.8B-1.7% | $3.7B | $3.7B+4.1% | $3.9B+3.0% | $3.8B+4.0% |
| Current Assets | $1.7B-16.2% | $1.7B-8.4% | $1.8B-6.3% | $2.0B-2.0% | $1.9B | $1.9B+10.5% | $2.0B+10.5% | $2.0B+11.9% |
| Cash & Equivalents | $175.3M-0.7% | $189.0M+10.3% | $201.0M-9.1% | $176.5M-6.5% | $171.3M | $221.1M+49.5% | $188.8M+24.8% | $198.5M+14.1% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $882.7M-21.2% | $983.7M-13.9% | $1.0B-4.2% | $1.1B+1.3% | $1.1B | $1.1B-2.8% | $1.1B-2.0% | $1.2B+4.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $576.5M+27.9% | $592.1M+31.6% | $450.8M+0.1% | $450.8M0.0% | $449.8M | $450.2M-0.2% | $450.7M-22.9% | $451.2M-22.8% |
| Total Liabilities | $2.2B-4.8% | $2.3B+2.4% | $2.1B+0.7% | $2.3B+5.0% | $2.2B | $2.1B-0.7% | $2.2B+0.9% | $2.3B+1.9% |
| Current Liabilities | $1.1B-3.6% | $1.0B+3.6% | $955.9M-2.9% | $1.1B+4.1% | $993.1M | $984.4M+8.5% | $1.0B+2.4% | $921.9M-6.7% |
| Non-Current Liabilities | $1.1B-5.9% | $1.3B+1.5% | $1.2B+3.8% | $1.2B+5.9% | $1.2B | $1.1B-7.6% | $1.2B-0.5% | $1.3B+8.9% |
| Long-Term Debt | $962.0M-10.7% | $1.1B-2.8% | $1.0B+4.7% | $1.1B+7.4% | $1.1B | $966.6M-8.9% | $1.0B-3.6% | $1.2B+8.1% |
| Total Equity | $1.3B-9.5% | $1.4B-3.3% | $1.4B-13.8% | $1.5B-10.6% | $1.5B | $1.6B+10.8% | $1.7B+5.9% | $1.5B+7.2% |
| Retained Earnings | $1.4B-4.3% | $1.3B-5.3% | $1.4B-14.3% | $1.4B-10.3% | $1.4B | $1.6B+12.3% | $1.6B+6.6% | $1.5B+8.1% |
Not reported in any period shown, so not listed: Accounts Receivable.
TTC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $182.7M+6.4% | $26.1M+153.7% | $225.8M+16.0% | $171.7M-24.5% | -$48.6M | $194.7M+109.4% | $227.3M+74.0% | -$92.2M-33.8% |
| Depreciation & Amortization | $29.3M-11.5% | $34.2M+6.5% | $32.9M+6.5% | $33.1M+9.6% | $32.1M | $30.9M+13.6% | $30.2M+8.2% | $30.7M+8.5% |
| Stock-Based Compensation | $5.7M+5.6% | $5.9M+34.1% | $5.5M+31.0% | $5.4M-21.7% | $4.4M | $4.2M+13.5% | $6.9M+25.5% | $8.4M+61.5% |
| Capital Expenditures | $23.1M+19.7% | $11.5M-39.8% | $18.6M-22.8% | $19.3M-5.4% | $19.1M | $24.1M-32.3% | $20.4M-50.0% | $19.1M-34.8% |
| Free Cash Flow | $159.6M+4.7% | $14.6M+121.6% | $207.2M+21.5% | $152.4M-26.3% | -$67.7M | $170.6M+197.2% | $206.9M+130.4% | -$111.3M-13.3% |
| Investing Cash Flow | -$21.5M+7.7% | -$210.4M-1001.6% | -$8.3M-40.7% | -$23.3M-26.6% | -$19.1M | -$5.9M+89.6% | -$18.4M+54.9% | -$19.1M+12.8% |
| Financing Cash Flow | -$164.1M-9.8% | $25.1M-43.7% | -$193.2M-23.0% | -$149.5M+31.3% | $44.6M | -$157.1M-212.9% | -$217.5M-104.0% | $114.1M+53.4% |
| Dividends Paid | $37.0M-2.1% | $38.3M-0.5% | $37.5M0.0% | $37.8M+0.8% | $38.5M | $37.5M+5.9% | $37.5M+5.3% | $37.6M+5.9% |
| Share Buybacks | $73.0M-27.0% | $94.9M-5.1% | $90.0M-9.3% | $100.0M+900.0% | $100.0M | $99.2M+177.9% | $10.0M-58.8% | $0 |
TTC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.1%+1.0pp | 32.5%-1.3pp | 33.8%-1.1pp | 33.1%-0.4pp | 33.7% | 34.8%+0.4pp | 33.6%-2.2pp | 34.4%-0.1pp |
| Operating Margin | 9.4%-3.9pp | 8.4%+0.6pp | 5.7%-7.1pp | 13.3%-0.7pp | 7.8% | 12.8%+14.6pp | 13.9%-2.4pp | 8.8%-3.0pp |
| Net Margin | 6.3%-4.1pp | 6.6%+1.2pp | 4.7%-5.6pp | 10.4%-0.4pp | 5.3% | 10.3%+11.7pp | 10.7%-1.8pp | 6.5%-2.8pp |
| Return on Equity | 5.8%-3.5pp | 4.8%+1.2pp | 3.8%-3.5pp | 9.3%+0.5pp | 3.6% | 7.3%+8.3pp | 8.8%-2.0pp | 4.2%-3.2pp |
| Return on Assets | 2.2%-1.4pp | 1.8%+0.4pp | 1.5%-1.7pp | 3.6%-0.2pp | 1.4% | 3.2%+3.6pp | 3.8%-0.7pp | 1.7%-1.2pp |
| Current Ratio | 1.58-0.2x | 1.69-0.2x | 1.88-0.1x | 1.81-0.1x | 1.91 | 1.940.0x | 1.93+0.1x | 2.13+0.4x |
| Debt-to-Equity | 0.720.0x | 0.750.0x | 0.72+0.1x | 0.73+0.1x | 0.74 | 0.59-0.1x | 0.61-0.1x | 0.760.0x |
| Asset Turnover | 0.350.0x | 0.280.0x | 0.320.0x | 0.350.0x | 0.27 | 0.310.0x | 0.350.0x | 0.26-0.1x |
| FCF Margin | 13.0%+1.5pp | 1.4%+8.2pp | 18.3%+3.6pp | 11.6%-3.8pp | -6.8% | 14.8%+9.4pp | 15.3%+8.6pp | -11.1%-2.6pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Toro TTC | FY2025 | $4.5B | $316.1M | 7.0% | $9.0B | 59/100 |
| Timken TKR | FY2025 | $4.6B | $288.4M | 6.3% | $8.2B | 58/100 |
| Stanley Black SWK | FY2025 | $15.1B | $401.9M | 2.7% | $13.8B | 26/100 |
| Rbc Bearings Inc RBC | FY2026 | $1.9B | $287.6M | 15.4% | $15.4B | 53/100 |
| Lincoln Elec Hldgs Inc LECO | FY2025 | $4.2B | $520.5M | 12.3% | $14.8B | 65/100 |
| Snap-On Inc SNA | FY2025 | $5.2B | $1.0B | 19.7% | $19.5B | 67/100 |
Where Toro Ranks
Frequently Asked Questions
What is Toro's annual revenue?
Toro (TTC) reported $4.5B in total revenue for fiscal year 2025. This represents a -1.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Toro's revenue growing?
Toro (TTC) revenue declined by 1.6% year-over-year, from $4.6B to $4.5B in fiscal year 2025.
Is Toro profitable?
Yes, Toro (TTC) reported a net income of $316.1M in fiscal year 2025, with a net profit margin of 7.0%.
What is Toro's EBITDA?
Toro (TTC) had EBITDA of $552.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Toro have?
As of fiscal year 2025, Toro (TTC) had $341.0M in cash and equivalents against $921.5M in long-term debt.
What is Toro's gross margin?
Toro (TTC) had a gross margin of 33.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Toro's operating margin?
Toro (TTC) had an operating margin of 9.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Toro's net profit margin?
Toro (TTC) had a net profit margin of 7.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Toro pay dividends?
Yes, Toro (TTC) paid $1.52 per share in dividends during fiscal year 2025.
What is Toro's return on equity (ROE)?
Toro (TTC) has a return on equity of 21.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Toro's free cash flow?
Toro (TTC) generated $578.3M in free cash flow during fiscal year 2025. This represents a 24.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Toro's operating cash flow?
Toro (TTC) generated $662.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Toro's total assets?
Toro (TTC) had $3.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Toro's capital expenditures?
Toro (TTC) invested $83.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Toro spend on research and development?
Toro (TTC) invested $162.3M in research and development during fiscal year 2025.
What is Toro's current ratio?
Toro (TTC) had a current ratio of 1.87 as of fiscal year 2025, which is generally considered healthy.
What is Toro's debt-to-equity ratio?
Toro (TTC) had a debt-to-equity ratio of 0.63 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Toro's return on assets (ROA)?
Toro (TTC) had a return on assets of 9.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Toro's P/E ratio?
Toro (TTC) trades at 28.4x earnings, its market capitalization divided by net income of $316.1M net income, FY2025. The market capitalization is $9.0B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Toro's price-to-sales ratio?
Toro (TTC) trades at 2.0x sales, its market capitalization divided by revenue of $4.5B revenue, FY2025. The market capitalization is $9.0B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Toro's Altman Z-Score?
Toro (TTC) has an Altman Z-Score of 5.26, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Toro's Piotroski F-Score?
Toro (TTC) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Toro's earnings high quality?
Toro (TTC) has an earnings quality ratio of 2.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Toro cover its interest payments?
Toro (TTC) has an interest coverage ratio of 6.94x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Toro?
Toro (TTC) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.