Toro Company (The)

Lawn & Garden Tractors & Home Lawn & Gardens Equip

TTCMixed9 of 11 basics passed

$95.79

-1.05%

Market cap $9.07B

$95.79

-1.05%

Market cap $9.07B

The Toro Co designs, manufactures, markets, and sells professional turf maintenance equipment and services; turf and agricultural irrigation systems; landscaping equipment and lighting products; snow and ice management equipment; construction equipment; and residential yard and snow thrower products.

It is a $9.07B industrial company. Revenue grew 5.2% over the last year, it keeps 8¢ of every dollar of sales as profit, and its net debt equals ~0.8 years of free cash flow. It trades at 25.0× earnings — around the middle of its own history.

Website: thetorocompany.com
Location: Bloomington, MN
Employees: 9 227
Sector: Industrials

Share price · 3 years

$85.29 → $95.79+12.3%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $4.75B
Profit: keeps 8¢ of every $1 sold; $363M
Free cash flow: cash left after running the business; $712M
Net debt: debt minus cash on hand; $581M
P/E: years of profit in the price; 25.0
EPS: earnings per share, TTM; $3.64
Dividend: pays out 41% of profit · 21% of FCF; 1.66%
Shares: down 11% since 2016 — buybacks; 99.8M
Volatility: beta vs the market — under 1 swings less; 0.71

Revenue, last 10 years

52-week range

Low $67.99$95.79High $101.76

Today's price is 82% of the way from the year's low to its high.

P/E vs its history5y

25.0×median 24.4×

Higher than 56% of past days — around the middle of its own history.

Valuation vs own history

P/E

25.0×

43%

P/S

1.9×

71%

EV/EBITDA

17.6×

86%

P/B

6.8×

41%

FCF yield

7.8%

94%

Share of the last ~5 years that was pricier than today (cheaper than usual). Based on the daily valuation record.

Insider activity · 90 days

-$13.7Knet selling

Purchases$0

Sales$13.7K

Insiders trading, last 14d0 buy · 0 sell

Standing in Industrials

Size$9.07Btop 85%
Revenue growth-0%top 71%
Net margin8%top 64%
Return on equity26%top 31%
P/E25.0×top 46%
Dividend yield1.66%top 31%

Ranked against 130 Industrials companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong quality and moat; Growth and Health lag behind.

Valuation69

P/E vs own history56th pct · 12/25
FCF yield7.8% · 20/25
P/S1.9x · 25/25
EV/EBITDA16.4x · 12/25

Growth37

Revenue CAGR3.3% · 6/25
Net income CAGR-6.3% · 0/25
EPS CAGR ~5Y0.9% · 6/25
Fwd implied growth33.0% · 25/25

Profitability70

ROIC15.5% · 20/25
ROE26.1% · 25/25
Net margin7.6% · 13/25
Operating margin10.3% · 12/25

Health48

Altman Zn/a · 0/25
Current ratio1.58 · 18/25
Interest coverage7.4x · 18/25
Net cash / debtD/A 17% · 12/25

Quality90

Piotroski F6/9 · 15/25
Beneish M-3.01 · 25/25
FCF conversion196% · 25/25
Margin stabilityσ 2.3% · 25/25

Moat81

ROIC >12% years10/10 yrs · 25/25
Median gross margin34.2% · 13/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst 7.0% · 18/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2022Financial
Best year on record
$443M net income
FY2017Financial
Became debt-free
cash now exceeds total debt
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $1B
$2.39B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$9 777 today — price return only

$4.5B revenue in FY2025

Revenue up 5.2% year over year

Profitable 10 years in a row

Positive free cash flow 10 years in a row

9 227 employees

ROIC of 15.5%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Interest covered 7.4× by operating earnings
High returns on invested capital (ROIC 15.5%)

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed

Revenue growing — the company sells more than a year ago+5.2% YoY
Profitable — makes more than it spends$363M TTM
Profit growing — earnings are higher than last year-8.9% YoY
Generates cash — cash left after running and investing$712M TTM
Debt under control — could handle its obligations~0.8y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$9.07B market cap
Not printing shares — share count not ballooning — you keep your slice-8.2% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 36/100
Pays a dividend — returns cash to shareholdersyield 1.66%
Valuation not extreme — price not wildly above earningsP/E 25.0

Peer comparisonToro Company (The) vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
TTC this company	$9.1B	25.0	+5.2%	7.6%	Mixed
LRCX Lam Research Corp	$399.2B	54.9	+26.0%	31.3%	Strong
CAT Caterpillar Inc.	$368.0B	33.9	+18.4%	14.5%	Solid
RTX RTX Corporation	$251.3B	32.4	+11.8%	8.3%	Strained
DE Deere & Company	$167.7B	34.4	+8.3%	10.2%	Solid
ETN Eaton Corporation, plc	$167.2B	43.6	+15.5%	12.8%	Mixed
UNP Union Pacific Corp.	$166.8B	22.6	+4.2%	28.8%	Strained

Head-to-head: TTC vs LRCX · TTC vs CAT · TTC vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 1Buy 5Hold 4

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $4.75B · net income $363M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$4.75B

YoY 5.2%

Net income (TTM)

$363M

Margin 7.6%

Gross margin

33.4%

Operating margin

10.3%

P/E ratio

25.0

Dividend yield

1.66%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	3.4	4.0	4.5	4.6	4.6	4.5
Gross profit	1.2	1.3	1.5	1.6	1.5	1.5
Operating income (EBIT)	0.4	0.5	0.6	0.4	0.5	0.4
Net income	0.3	0.4	0.4	0.3	0.4	0.3
EPS (diluted)	3.03	3.78	4.20	3.13	4.01	3.17

Cash flowFree cash flow $712M · operating cash flow $789M (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$712M

Margin 15.0%

Operating cash flow (TTM)

$789M

FCF margin

15.0%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	0.5	0.6	0.3	0.3	0.6	0.7
Capital expenditure	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1
Free cash flow	0.5	0.5	0.2	0.2	0.5	0.6
FCF margin	13.7%	11.4%	3.4%	3.5%	10.2%	12.8%

Balance sheetAssets $3.44B · net debt $581M (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $3.44B of assets is financed

58%

42%

Liabilities $1.99B — borrowed moneyEquity $1.45B — owners' stake

Cash vs debt

Total debt $922M − cash $341M = net debt $581M

Cash on hand covers 37% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

7.4x

EBIT ÷ interest expense

ROE

26.1%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	0.5	0.4	0.2	0.2	0.2	0.3
Total assets	2.9	2.9	3.6	3.6	3.6	3.4
Total liabilities	1.7	1.8	2.2	2.1	2.0	2.0
Total debt	0.7	0.7	1.0	1.0	0.9	0.9
Equity	1.1	1.2	1.4	1.5	1.6	1.5
Net debt	0.2	0.3	0.8	0.8	0.7	0.6

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of TTC on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $95.79 · market cap $9.07B.