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Makes lawn mowers, turf-care and snow/ice management equipment for golf courses, professional landscapers and homeowners.
Makes lawn mowers, turf-care and snow/ice management equipment for golf courses, professional landscapers and homeowners.
Sells through two routes: professional equipment, such as mowers, irrigation and underground construction machines like Ditch Witch, goes through dealers and distributors to golf courses and contractors, while residential mowers and snow throwers are stocked at big home-improvement chains. Weather matters, since snow and spring warmth drive residential seasons. The 2019 purchase of Charles Machine Works, maker of Ditch Witch, broadened its professional products.
Moat: narrow (brand, distribution). A strong professional turf-care brand and dealer network built over decades support repeat commercial sales.
Headquarters: Bloomington, Minnesota, USA · Founded: 1914 · Employees: 9,227
Size Toro (TTC) is a United States Industrials company (Trucks/Construction/Farm Machinery) with a market value of $9.92B, the 781st largest of 3,117 United States companies the cockpit tracks. Shares closed at $104.84 on 6 Nov 2026.
Performance Over six months the shares gained 9.8%, against -12.2% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 5.2% over the last twelve months (peer median +8.7%); the operating margin is 11.3% (peer median 13.2%).
Valuation It trades at 21.2× forward earnings against a peer median of 16.0× (6th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -0 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 11.0 points above its cost of capital (8.0% WACC).
Credit Toro has 1 bond outstanding ($100M), rated BBB by the agencies.
Short interest Short interest is 4.2% of the free float (15 Oct 2026).
Next results Next results expected around 16 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $4.76B | $4.51B | $4.58B | $4.54B | $4.51B |
| Revenue growth | — | -2% | +1% | +1% | — |
| Gross profit | $1.59B | $1.50B | $1.54B | $1.56B | $1.50B |
| EBITDA | $683M | $633M | $650M | $686M | $684M |
| Net income | $363M | $316M | $419M | $330M | $443M |
| Free cash flow | $712M | $578M | $466M | $157M | $154M |
| Capital expenditure | $77.8M | $83.7M | $104M | $150M | $143M |
| Total debt | $1.08B | $1.04B | $1.04B | $1.16B | $1.07B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Toro TTC | $9.92B | +10% | +5% | 11% | 21.2× | 5.6% |
| Deere & DE | $181B | +17% | +8% | 20% | 32.0× | 16.2% |
| Husqvarna HUSQ-A.ST | $1.94B | -24% | -6% | 6% | 13.5× | -2.0% |
| Textron TXT | $14.2B | -8% | +9% | 7% | 11.9× | 8.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TTC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.3% | -8.1% | 3rd highest of 21 |
| 6-month return | +9.8% | -12.2% | 3rd highest of 21 |
| Distance from 52-week high | -5.4% | -30.9% | highest of 21 |
| Revenue growth (TTM) | +5.2% | +8.7% | 5th lowest of 21 |
| Operating margin | 11.3% | 13.2% | 8th lowest of 21 |
| Forward P/E | 21.2× | 16.0× | 6th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 5.6% | 7.2% | 9th least demanding of 18 |
| Growth delivered (Del g) | +6.0% | +9.6% | 7th lowest of 18 |
| Hurdle (Req g minus delivered) | -0.4 pp | -1.3 pp | 9th most demanding of 18 |
| ROIC minus cost of capital | +11.0 pp | +9.5 pp | 10th highest of 20 |
| EV / EBITDA | 15.8× | 11.9× | 3rd most expensive of 17 |
| Net debt / EBITDA | 1.3× | 1.0× | 8th most indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Toro TTC | United States | $9.92B | +10% | +5% | 11% | 21.2× | 5.6% | +6.0% |
| SamsungHvyInd 010140.KS | South Korea | $10.2B | -50% | +30% | 27% | 13.3× | -20.3% | +11.4% |
| Hanwha Ocean 042660.KS | South Korea | $10.7B | -64% | +18% | 13% | 8.7× | -12.4% | +13.2% |
| Ashok Leyland ASHOKLEY.NS | India | $10.7B | +1% | +16% | 17% | 24.8× | n/a | n/a |
| Weir WEIR.L | United Kingdom | $8.18B | -3% | +6% | 18% | 18.1× | 19.3% | +5.5% |
| Sinotruk Hong Kong 3808.HK | Hong Kong | $12.3B | -12% | +38% | 7% | 9.4× | -3.2% | +1.5% |
| Hdksoe 009540.KS | South Korea | $12.5B | -48% | +23% | 23% | 4.4× | n/a | n/a |
| Mazagon Dock Shipbuilders MAZDOCK.NS | India | $7.87B | -31% | +8% | 15% | 30.5× | n/a | n/a |
| XCMG Construction Machinery 000425.SZ | China | $12.6B | -28% | +8% | 8% | 11.0× | -3.2% | +6.4% |
| AGCO AGCO | United States | $7.61B | -6% | +1% | 6% | 17.1× | 10.5% | +2.0% |
| Gaztransport & Technigaz GTT.PA | France | $7.50B | -13% | +9% | 64% | 16.1× | -3.1% | +15.2% |
| Konecranes KCR.HE | Finland | $7.47B | +5% | -1% | 13% | 15.9× | 9.1% | +5.7% |
| Yangzijiang Shipbuilding (Holdings) BS6.SI | Singapore | $13.5B | +11% | +26% | 32% | 8.2× | -10.1% | +11.8% |
| Accelleron Industries ACLN.SW | Switzerland | $7.29B | -25% | +13% | 25% | 25.1× | 3.5% | +12.1% |
| Doosan 000150.KS | South Korea | $7.10B | -60% | +11% | 6% | 16.1× | 15.0% | +11.6% |
| CNH Industrial CNH | United States | $14.3B | +5% | +1% | 13% | 21.1× | 7.4% | -7.0% |
| Babcock International BAB.L | United Kingdom | $6.60B | 0% | +7% | 6% | 15.4× | 13.2% | +5.5% |
| Hitachi Construction Machinery 6305.T | Japan | $6.36B | -12% | +7% | 10% | 11.2× | 3.9% | +11.6% |
| Metso METSO.HE | Finland | $15.8B | +14% | +8% | 15% | 23.6× | 15.3% | +9.6% |
| Terex TEX | United States | $6.18B | -14% | +40% | 7% | 9.9× | 12.1% | +12.0% |
| Wartsila Oyj Abp WRT1V.HE | Finland | $17.1B | -25% | -2% | 13% | 23.5× | 7.2% | +8.5% |
Toro has 1 bond outstanding with $100M face value. The agencies rate it BBB.