Toro Company (TTC)

NYSE: TTC · Lawn & Garden Tractors & Home Lawn & Gardens Equip · Bloomington, MN · filing with the SEC since 1994

Grade6.2

◀ Past 7.9● Present 6.6▶ Future 3.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in October.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019	Oct 31, 2018	Oct 31, 2017	Oct 31, 2016
Report filed	Dec 17, 2025	Dec 18, 2024	Dec 20, 2023	Dec 22, 2022	Dec 17, 2021	Dec 18, 2020	Dec 20, 2019	Dec 21, 2018	Dec 22, 2017	·
Revenue	4,510,400	4,583,800	4,553,200	4,514,700^r	3,959,600^r	3,378,810	3,138,084	2,618,650	2,505,176	2,392,175
Cost of revenue	3,005,600	3,034,500	2,975,600	3,010,100^r	2,621,100^r	2,189,036	2,090,121	1,677,639	1,584,339	1,517,580
Gross profit	1,504,800	1,549,300	1,577,600	1,504,600^r	1,338,500^r	1,189,774	1,047,963	941,011	920,837	874,595
Research and development	162,300	173,100	173,900	155,600	141,000	124,100	109,100	83,500	80,400	77,400
Selling, general and administrative	1,013,800	1,016,000	995,600	928,900^r	820,200^r	763,417	722,934	567,926	565,727	540,199
Operating income	409,900	533,300	430,700	575,700^r	518,300^r	426,357	325,029	373,085	355,110	334,396
Interest expense	59,100	61,900	58,700	35,700	28,700^r	33,156	28,835	19,096	19,113	19,336
Interest and investment income	·	·	·	·	·	1,255	2,753	2,463	1,359	827
Share of profit of equity-method investments	18,700	20,800	19,200	8,800^r	5,700^r	7,663	11,948	11,143	9,960	9,588
Other income (expense), net	26,800	41,400	28,500	12,500^r	10,200^r	13,869	25,939	18,408	17,187	15,400
Income before income taxes	377,600	512,800	400,500	552,500^r	499,800^r	407,070	322,133	372,397	353,184	330,460
Income tax expense	61,500	93,900	70,800	109,200^r	89,900^r	77,369	48,150	100,458	85,467	99,466
Net income	316,100	418,900	329,700	443,300^r	409,900^r	329,701	273,983	271,939	·	·
Net income to common shareholders	·	·	·	·	·	·	273,983	271,939	267,717	230,994
Earnings per share, basic	3.18	4.04	3.16	4.23	3.82	3.06	2.57	2.56	2.47	2.10
Earnings per share, diluted	3.17	4.01	3.13	4.20	3.78	3.03	2.53	2.50	2.41	2.06
Weighted average shares, basic	99,500	103,800	104,400	104,800^r	107,300^r	107,658	106,773	106,369	108,312	109,834
Weighted average shares, diluted	99,800	104,400	105,300	105,600^r	108,500^r	108,663	108,090	108,657	111,252	111,987

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split of Sep 2016.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton TTC · research, not advice