
The Toro Company Income Statement 2025-2007 | TTC
Brief overview of financial results at The Toro Company
The figures are compared over a five-year interval. The revenue attributed to The Toro Company moved from $3.4 billion to $4.5 billion between the two endpoints. Across the full period, sales moved by +33.5%; the average annual rate was 5.9%. This represents moderate business growth.
Gross profit was $1.2 billion at the start and $1.5 billion at the end of the period (+26.5%). Direct costs broadly followed the top-line trend. Gross margin moved from 35.2% to 33.4%. The relationship between gross profit and revenue changed only slightly.
EBITDA was 522 million dollars at the beginning and 553 million dollars at the end of the period (+5.9%). EBITDA lagged revenue, showing weaker operating momentum. EBITDA margin moved from 15.4% to 12.3%. Cost pressure reduced operating profitability.
Over the period, net income shifted from $330 million to $316 million (−4.1%). There was no meaningful strengthening in net profitability.
Market capitalization changed from 10.7 billion dollars to 7.4 billion dollars (−30.3%). Lower capitalization reflects weaker investor expectations.
Overall conclusion
The financial trajectory is weak and requires a cautious interpretation. The financial profile benefits from consistent net profitability and revenue expansion. The main areas of concern are a weaker market valuation, a lower gross margin and pressure on operating profitability. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement The Toro Company
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
7.43 B | 8.43 B | 10.2 B | 11.7 B | 10 B | 10.7 B | 8.35 B | 6.59 B | 7.07 B | 5.81 B | 4.28 B | 3.7 B | 3.57 B | 2.67 B | 1.77 B | 882 M | 291 M | 356 M | - |
Shares |
99.5 M | 104 M | 104 M | 105 M | 107 M | 108 M | 107 M | 106 M | 108 M | 110 M | 111 M | 113 M | 116 M | 119 M | 125 M | 66 M | 35.8 M | 37.7 M | - |
Historical Prices |
74.6 | 81.2 | 97.7 | 111 | 93.5 | 99.4 | 69.5 | 65.8 | 60.2 | 56.4 | 36.8 | 30.6 | 29.2 | 19.4 | 13.9 | 13.4 | 8.12 | 9.44 | 15 |
Net Income |
316 M | 419 M | 330 M | 443 M | 410 M | 330 M | 274 M | 272 M | 268 M | 231 M | 202 M | 174 M | 155 M | 130 M | 118 M | 93.2 M | 62.8 M | 120 M | - |
Revenue |
4.51 B | 4.58 B | 4.55 B | 4.51 B | 3.96 B | 3.38 B | 3.14 B | 2.62 B | 2.51 B | 2.39 B | 2.39 B | 2.17 B | 2.04 B | 1.96 B | 1.88 B | - | - | - | - |
Cost of Revenue |
3.01 B | 3.03 B | 2.98 B | 3.01 B | 2.62 B | 2.19 B | 2.09 B | 1.68 B | 1.58 B | 1.52 B | 1.55 B | 1.4 B | 1.32 B | 1.29 B | 1.25 B | 1.11 B | 1.01 B | 1.23 B | - |
Gross Profit |
1.5 B | 1.55 B | 1.58 B | 1.5 B | 1.34 B | 1.19 B | 1.05 B | 941 M | 921 M | 875 M | 836 M | 773 M | 725 M | 673 M | 637 M | 576 M | 511 M | 653 M | - |
Operating Income |
410 M | 533 M | 431 M | 576 M | 518 M | 426 M | 325 M | 373 M | 355 M | 334 M | 299 M | 263 M | 231 M | 206 M | 184 M | 151 M | 115 M | 198 M | - |
Interest Expense |
26.8 M | 41.4 M | 58.7 M | 35.7 M | 28.7 M | 33.2 M | 28.8 M | 19.1 M | 19.1 M | 19.3 M | 18.8 M | 15.4 M | 16.2 M | 16.9 M | 17 M | 17.1 M | 17.6 M | 19.3 M | - |
EBITDA |
553 M | 662 M | 550 M | 684 M | 618 M | 522 M | 413 M | 434 M | 420 M | 398 M | 362 M | 316 M | 285 M | 259 M | 233 M | 196 M | 160 M | 247 M | - |
Operating Expenses |
- | - | - | - | - | - | 723 M | 568 M | 566 M | 540 M | 537 M | 510 M | 494 M | 467 M | 452 M | - | - | - | - |
General and Administrative Expenses |
1.01 B | 1.02 B | 996 M | 929 M | 820 M | 763 M | 723 M | 568 M | 566 M | 540 M | 537 M | 510 M | 494 M | 467 M | 452 M | 425 M | 396 M | 454 M | - |
All numbers in USD currency
Quarterly Income Statement The Toro Company
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2010-Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
98.8 M | 96.6 M | 98 M | 98 M | 97.9 M | 98.8 M | 99.8 M | 101 M | 101 M | 104 M | 104 M | 104 M | 104 M | 104 M | 105 M | 104 M | 104 M | 105 M | 105 M | 108 M | 108 M | 107 M | 108 M | 107 M | 108 M | 108 M | 108 M | 106 M | 107 M | 107 M | 107 M | 107 M | 106 M | 106 M | 106 M | 109 M | 108 M | 108 M | 108 M | 110 M | 110 M | 110 M | 110 M | 56 M | 55.7 M | 55.3 M | 55.9 M | 57 M | 56.5 M | 56 M | 56.5 M | 58.5 M | 58.1 M | 57.7 M | 58.1 M | 60 M | 59.6 M | 59 M | 59.9 M | 31.9 M | 63 M | 62.4 M | 31.4 M | - | 32.5 M |
Net Income |
53.5 M | 145 M | 67.9 M | 67.9 M | - | 53.5 M | 137 M | 52.8 M | - | 119 M | 145 M | 64.9 M | - | -15 M | 168 M | 107 M | 326 M | 125 M | 131 M | 111 M | 350 M | 96.3 M | 142 M | 70.1 M | 72.2 M | 89 M | 98.4 M | 59.5 M | 38.3 M | 60.6 M | 116 M | 22.6 M | 39 M | 79 M | 131 M | 45 M | 33.8 M | 68.4 M | 120 M | 39.3 M | 30.2 M | 55.8 M | 106 M | 31 M | 23.6 M | 53.3 M | 93.8 M | 25.9 M | 10.9 M | 50 M | 87.1 M | 31.4 M | 4.95 M | 40.1 M | 78.4 M | 19.9 M | 251 K | 40.5 M | 68.8 M | 17.3 M | 5.04 M | 35.1 M | 60.2 M | - | 33.4 M |
Revenue |
1.13 B | 1.42 B | 1.04 B | 1.04 B | - | 1.13 B | 1.32 B | 995 M | - | 1.16 B | 1.35 B | 1 B | - | 1.08 B | 1.34 B | 1.15 B | 104 M | 1.16 B | 1.25 B | 933 M | 3 B | 977 M | 1.15 B | 767 M | 841 M | 841 M | 929 M | 603 M | 734 M | 839 M | 962 M | 548 M | 539 M | 656 M | 875 M | 516 M | 489 M | 628 M | 873 M | 486 M | 468 M | 601 M | 836 M | 474 M | 481 M | 610 M | 826 M | 446 M | 414 M | 568 M | 745 M | 445 M | 382 M | 510 M | 704 M | 424 M | 339 M | 504 M | 691 M | 383 M | 368 M | 501 M | 632 M | - | - |
Cost of Revenue |
750 M | 942 M | 700 M | 700 M | - | 750 M | 881 M | 659 M | - | 754 M | 896 M | 657 M | - | 709 M | 860 M | 753 M | 2.24 B | 761 M | 844 M | 558 M | 1.95 B | 646 M | 746 M | 479 M | 1.65 B | 546 M | 623 M | 387 M | 1.6 B | 573 M | 641 M | 344 M | 1.32 B | 422 M | 551 M | 322 M | 1.28 B | 401 M | 556 M | 304 M | 1.22 B | 384 M | 533 M | 305 M | 1.24 B | 393 M | 544 M | 282 M | 1.13 B | 365 M | 480 M | 279 M | 1.06 B | 332 M | 452 M | 277 M | 1.06 B | 326 M | 456 M | 247 M | 998 M | 333 M | 418 M | - | 297 M |
Gross Profit |
382 M | 483 M | 336 M | 336 M | - | 382 M | 437 M | 336 M | - | 403 M | 453 M | 344 M | - | 372 M | 480 M | 396 M | 1.11 B | 400 M | 405 M | 315 M | 1.05 B | 331 M | 403 M | 288 M | 300 M | 295 M | 307 M | 216 M | 245 M | 266 M | 321 M | 204 M | 179 M | 234 M | 324 M | 193 M | 184 M | 227 M | 316 M | 183 M | 172 M | 217 M | 303 M | 169 M | 169 M | 216 M | 282 M | 164 M | 143 M | 202 M | 265 M | 166 M | 129 M | 178 M | 252 M | 147 M | 113 M | 178 M | 235 M | 137 M | 119 M | 168 M | 214 M | - | 162 M |
Operating Income |
64.8 M | 195 M | 87.1 M | 87.1 M | - | 64.8 M | 175 M | 77.8 M | - | 148 M | 188 M | 88.6 M | - | -19.1 M | 219 M | 136 M | 425 M | 163 M | 171 M | 141 M | 444 M | 122 M | 181 M | 91.1 M | 333 M | 116 M | 126 M | 70.1 M | 282 M | 73.9 M | 138 M | 66.9 M | 330 M | 92.9 M | 170 M | 60.6 M | 308 M | 87.8 M | 159 M | 53.8 M | 291 M | 82 M | 155 M | 44.4 M | 262 M | 79.4 M | 138 M | 40.6 M | 244 M | 72 M | 131 M | 46.2 M | 222 M | 58.6 M | 117 M | 34 M | 202 M | 61 M | 106 M | 27.2 M | 175 M | 54.7 M | 93.4 M | - | 53.8 M |
Interest Expense |
8.1 M | 3.2 M | 14 M | 14 M | - | 8.1 M | 9.7 M | 3.3 M | - | 10.6 M | 8.3 M | 7.7 M | - | 15 M | 14.7 M | 14.1 M | 24.2 M | 9.18 M | 8.02 M | 7.52 M | 21.7 M | 7.02 M | 7.12 M | 8.16 M | 25.1 M | 8.3 M | 8.66 M | 4.74 M | 20.4 M | 9 M | 6.69 M | 4.82 M | 14.2 M | 4.68 M | 4.72 M | 4.88 M | 14.3 M | 4.75 M | 4.68 M | 4.65 M | 14 M | 4.65 M | 4.72 M | 4.72 M | 14.1 M | 4.59 M | 4.77 M | 3.75 M | 11.1 M | 3.63 M | 3.68 M | 4.25 M | 12.3 M | 3.91 M | 4.15 M | 4.43 M | 12.8 M | 4.2 M | 4.16 M | 4.12 M | 12.6 M | 4.29 M | 4.19 M | - | 4.24 M |
EBITDA |
72.4 M | 267 M | 121 M | 121 M | - | 72.4 M | 182 M | 110 M | - | 157 M | 196 M | 111 M | - | -10.2 M | 228 M | 156 M | 480 M | 172 M | 180 M | 161 M | 499 M | 128 M | 187 M | 109 M | 388 M | 152 M | 131 M | 85.6 M | 330 M | 103 M | 141 M | 82.1 M | 366 M | 123 M | 172 M | 77.1 M | 355 M | 122 M | 162 M | 57 M | 299 M | 84.5 M | 157 M | 59.3 M | 272 M | 84.7 M | 138 M | 53.9 M | 282 M | 98.6 M | 131 M | 59.7 M | 261 M | 85.5 M | 117 M | 47 M | 239 M | 86.6 M | 106 M | 38.5 M | 210 M | 77.6 M | 93.4 M | - | 86.3 M |
General and Administrative Expenses |
236 M | 288 M | 249 M | 249 M | - | 236 M | 262 M | 258 M | - | 255 M | 265 M | 256 M | - | 240 M | 261 M | 260 M | 680 M | 237 M | 235 M | 174 M | 605 M | 209 M | 222 M | 197 M | 557 M | 179 M | 181 M | 146 M | 521 M | 192 M | 184 M | 137 M | 432 M | 141 M | 154 M | 133 M | 429 M | 139 M | 157 M | 129 M | 412 M | 135 M | 148 M | 125 M | 405 M | 137 M | 144 M | 123 M | 387 M | 130 M | 134 M | 120 M | 374 M | 119 M | 135 M | 113 M | 359 M | 117 M | 129 M | 109 M | 343 M | 113 M | 120 M | - | 108 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company The Toro Company (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
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