The Toro Company (TTC) — Financial statements
Income statement, balance sheet, and cash flow for The Toro Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,510↓1.6% | 4,584↑0.7% | 4,553↑0.9% | 4,515↑14.0% | 3,960 | |
| Cost of Revenue | 3,006↓1.0% | 3,035↑2.0% | 2,976↓1.1% | 3,010↑14.8% | 2,621 | |
| Gross Profit | 1,505↓2.9% | 1,549↓1.8% | 1,578↑4.9% | 1,505↑12.4% | 1,339 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 173 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 773 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 70 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,014↑20.3% | 843↓15.4% | 996↑7.2% | 929↑13.3% | 820 | |
| Other Expenses | 0.00↓100.0% | 0.40↓99.7% | 151 | 0.00 | 0.00 | |
| Operating Expenses | 1,014↓0.2% | 1,016↓11.4% | 1,147↑23.5% | 929↑13.3% | 820 | |
| Total Costs & Expenses | 4,019↓0.8% | 4,051↓1.7% | 4,123↑4.7% | 3,939↑14.5% | 3,441 | |
| Operating Results | ||||||
| Operating Income | 491↓7.9% | 533↑23.8% | 431↓25.2% | 576↑11.1% | 518 | |
| Depreciation & Amortization | 143↑11.5% | 128↑7.6% | 119↑9.6% | 109↑9.6% | 99 | |
| EBITDA | 553↓21.4% | 703↑21.5% | 578↓17.0% | 697↑11.0% | 628 | |
| EBIT | 410↓28.7% | 575↑25.2% | 459↓21.9% | 588↑11.3% | 529 | |
| Interest & Other Income | ||||||
| Net Interest Income | -59↑4.5% | -62↓5.5% | -59↓64.4% | -36↓24.4% | -29 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 59↓4.5% | 62↑5.5% | 59↑64.4% | 36↑24.4% | 29 | |
| Non-Operating Income | 81↑295.9% | -41↓45.3% | -29↓128.0% | -13↓22.5% | -10 | |
| Other Income / Expenses | -113↓453.2% | -21↑32.1% | -30↓30.2% | -23↓25.4% | -19 | |
| Income Before Tax | 378↓26.4% | 513↑28.0% | 401↓27.5% | 553↑10.5% | 500 | |
| Income Tax Expense | 62↓34.5% | 94↑32.6% | 71↓35.2% | 109↑21.4% | 90 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 316↓24.5% | 419↑27.1% | 330↓25.6% | 443↑8.1% | 410 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 316↓24.5% | 419↑27.1% | 330↓25.6% | 443↑8.1% | 410 | |
| Bottom-Line Net Income | 316↓24.5% | 419↑27.1% | 330↓25.6% | 443↑8.1% | 410 | |
| EPS (Basic) | 3.18↓21.3% | 4.04↑27.8% | 3.16↓25.3% | 4.23↑10.7% | 3.82 | |
| EPS (Diluted) | 3.17↓20.9% | 4.01↑28.1% | 3.13↓25.5% | 4.20↑11.1% | 3.78 | |
| Weighted Average Shares | 100↓4.1% | 104↓0.6% | 104↓0.4% | 105↓2.3% | 107 | |
| Weighted Average Diluted Shares | 100↓4.4% | 104↓0.9% | 105↓0.3% | 106↓2.6% | 108 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.