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MARKETS / NYSE / TTC
NYSE · LAWN & GARDEN TRACTORS & HOME LAWN & GARDENS EQUIP · LARGE CAP

Toro Co. TTC

18 fiscal years on record · USD · FY2025 reported · SEC filings only
10 YEARS OF DIVIDEND GROWTH
$4.5B
▼ 1.6% YoY
$316.1M
▼ 24.5% YoY
$578.3M
▲ 24.0% YoY
In brief

What this company does

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural irrigation ("ag-irrigation") systems, rental, specialty and underground construction equipment, and residential yard and snow thrower products. It markets and sells the majority of its products through more than 150 distributors worldwide, as well as equipment dealers, irrigation dealers and distributors, mass retailers, hardware retailers, equipment rental centers, and home centers, in more than 125 countries. During fiscal 2025 it employed an average of 9,791 employees. The company classifies its operations into two reportable business segments, Professional and Residential. Net sales of the Professional segment accounted for 80.3 percent of consolidated net sales in fiscal 2025, and net sales of the Residential segment accounted for 19.0 percent. In its Professional segment, the company designs turf maintenance, landscape and lighting, rental, specialty and underground construction, snow and ice management, and agricultural products. In its Residential segment, it markets and sells products to homeowners through outdoor power equipment distributors and dealers, mass retailers, hardware retailers, and home centers. The Toro Company was incorporated in Minnesota in 1935 as a successor to a business founded in 1914 and reincorporated in Delaware in 1983.

Written from the business description in THE TORO COMPANY's annual report to the U.S. Securities and Exchange Commission, filed 17 December 2025. Every sentence was checked against that document before publication.

Growth
USD 4.5B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 4.5 · Net income 0.3
2B4B2008201120142017202020232025
Compound annual growth
−0.0%
+5.9%
+6.6%
+6.8%
−10.7%
−0.8%
−9.0%
+0.9%
+5.9%
+8.2%
+8.7%
+11.8%
+19.8%
+32.4%
+11.2%
+7.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 9.1% · Net 7.0%
5%10%2008201120142017202020232025
ROE
FY2025 · ROE 21.0%
20%40%2008201120142017202020232025

Each USD of equity produced 21 cents of profit this year.

Cash & shareholders
USD 439.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 578.3
200M400M2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends 151.1 · Net buybacks 287.9
200M400MDividendsNet buybacks2008201120142017202020232025
Dividends paidUSD 151.1M
Net buybacksUSD 287.9M
Share of profit138.9%
Consecutive raises10 years (since the 2015 share-count change)

USD 151.1M in dividends and USD 287.9M in buybacks — 139% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 3.4B
EquityUSD 1.5B
CashUSD 341.0M
Gross debtUSD 921.5M
Net debtUSD 580.5M
Current ratio1.87×

Net debt stands at 40% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B4.54.64.64.54.03.43.12.62.52.42.42.22.02.01.91.71.51.9
Operating income $B0.40.50.40.60.50.40.30.40.40.30.30.30.20.20.20.20.10.2
EBITDA $B0.60.70.50.70.60.50.40.40.40.40.40.30.30.30.20.20.20.2
Income tax $B0.10.10.10.10.10.10.00.10.10.10.10.10.10.10.10.00.00.1
Net income $B0.30.40.30.40.40.30.30.30.30.20.20.20.20.10.10.10.10.1
Free cash flow $B0.60.50.20.20.50.50.20.30.30.30.20.10.20.10.10.10.20.2
EPS, diluted $3.174.013.134.203.783.032.532.502.412.061.781.512.622.141.851.391.733.10
Dividend / sh $1.521.441.361.201.051.000.900.800.700.600.500.400.560.440.400.360.600.60
Payout %483643282733353128292826212021253419
ROE %21.027.423.035.436.233.435.942.345.945.646.345.346.144.743.431.618.532.8
Shares out B0.100.100.100.100.110.110.110.110.110.110.110.060.060.060.060.030.03·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityLawn & Garden Tractors & Home Lawn & Gardens Equip
Listed onNYSE
Incorporated inMinnesota
Fiscal year endsOctober 31
Data on record since2008

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