Toro (TTC) Financials

$66.66 -2.28 (-3.31%)

Closing price 04/10/2025 03:59 PM Eastern

Extended Trading

$66.56 -0.09 (-0.14%)

As of 08:02 AM Eastern

Annual Income Statements for Toro

This table shows Toro's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	202	231	268	272	274	330	410	443	330	419
Consolidated Net Income / (Loss)	202	231	268	272	274	330	410	443	330	419
Net Income / (Loss) Continuing Operations	202	231	268	272	274	330	410	443	330	419
Total Pre-Tax Income	291	330	353	372	322	407	500	553	401	513
Total Operating Income	299	334	355	373	325	426	518	576	431	533
Total Gross Profit	836	875	921	941	1,048	1,190	1,339	1,505	1,578	1,549
Total Revenue	2,391	2,392	2,505	2,619	3,138	3,379	3,960	4,515	4,553	4,584
Operating Revenue	2,391	2,392	2,505	2,619	3,138	3,379	3,960	4,515	4,553	4,584
Total Cost of Revenue	1,555	1,518	1,584	1,678	2,090	2,189	2,621	3,010	2,976	3,035
Operating Cost of Revenue	1,555	1,518	1,584	1,678	2,090	2,189	2,621	3,010	2,976	3,035
Total Operating Expenses	537	540	566	568	723	763	820	929	1,147	1,016
Selling, General & Admin Expense	537	540	566	568	723	763	820	929	996	1,016
Impairment Charge	-	-	-	-	-	-	0.00	0.00	151	0.00
Total Other Income / (Expense), net	-8.08	-3.94	-1.93	-0.69	-2.90	-19	-19	-23	-30	-21
Interest Expense	19	19	19	19	29	33	29	36	59	62
Other Income / (Expense), net	11	15	17	18	26	14	10	13	29	41
Income Tax Expense	89	99	85	100	48	77	90	109	71	94
Basic Earnings per Share	$1.81	$2.10	$2.47	$2.56	$2.57	$3.06	$3.82	$4.23	$3.16	$4.04
Weighted Average Basic Shares Outstanding	111.13M	109.83M	108.31M	106.37M	106.77M	107.66M	107.30M	104.80M	104.40M	103.80M
Diluted Earnings per Share	$1.78	$2.06	$2.41	$2.50	$2.53	$3.03	$3.78	$4.20	$3.13	$4.01
Weighted Average Diluted Shares Outstanding	113.51M	111.99M	111.25M	108.66M	108.09M	108.66M	108.50M	105.60M	105.30M	104.40M
Weighted Average Basic & Diluted Shares Outstanding	111.40M	110M	108.40M	106.20M	106.83M	107.63M	104.49M	104.01M	103.87M	101.18M
Cash Dividends to Common per Share	$0.50	$0.60	$0.70	$0.80	$0.90	$1.00	$1.05	$1.20	$1.36	$1.44

This table shows Toro's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Income / (Loss) Attributable to Common Shareholders	125	118	107	168	-15	70	65	145	119	90	53
Consolidated Net Income / (Loss)	125	118	107	168	-15	70	65	145	119	90	53
Net Income / (Loss) Continuing Operations	125	118	107	168	-15	70	65	145	119	90	53
Total Pre-Tax Income	157	143	131	211	-29	87	80	179	144	109	66
Total Operating Income	163	150	136	219	-19	95	89	188	148	109	78
Total Gross Profit	400	399	396	480	372	330	345	453	403	349	336
Total Revenue	1,161	1,172	1,149	1,339	1,082	983	1,002	1,349	1,157	1,076	995
Operating Revenue	1,161	1,172	1,149	1,339	1,082	983	1,002	1,349	1,157	1,076	995
Total Cost of Revenue	761	773	753	860	709	654	657	896	754	727	659
Operating Cost of Revenue	761	773	753	860	709	654	657	896	754	727	659
Total Operating Expenses	237	248	260	261	392	235	256	265	255	240	258
Selling, General & Admin Expense	237	248	260	261	240	235	256	265	255	240	258
Total Other Income / (Expense), net	-5.96	-7.24	-5.10	-8.00	-9.50	-7.60	-8.50	-8.40	-3.90	0.30	-12
Interest Expense	9.18	11	14	15	15	15	16	17	15	15	15
Other Income / (Expense), net	3.23	4.24	9.00	6.70	5.50	7.30	7.70	8.30	11	15	3.30
Income Tax Expense	32	26	24	43	-14	17	15	34	25	19	13
Basic Earnings per Share	$1.19	$1.13	$1.02	$1.60	($0.14)	$0.68	$0.62	$1.39	$1.15	$0.88	$0.52
Weighted Average Basic Shares Outstanding	104.83M	104.80M	104.50M	104.70M	104.30M	104.40M	104.40M	104.40M	104M	103.80M	101.30M
Diluted Earnings per Share	$1.19	$1.11	$1.01	$1.59	($0.14)	$0.67	$0.62	$1.38	$1.14	$0.87	$0.52
Weighted Average Diluted Shares Outstanding	105.45M	105.60M	105.60M	105.60M	104.30M	105.30M	104.70M	104.90M	104.50M	104.40M	101.70M
Weighted Average Basic & Diluted Shares Outstanding	104.20M	104.01M	104.28M	103.91M	103.84M	103.87M	104.41M	103.87M	102.61M	101.18M	99.82M
Cash Dividends to Common per Share	$0.30	-	$0.34	$0.34	$0.34	-	$0.36	$0.36	$0.36	-	$0.38

This table details how cash moves in and out of Toro's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-189	147	32	-21	-137	328	-74	-217	4.90	6.40
Net Cash From Operating Activities	250	384	361	365	337	539	556	297	307	570
Net Cash From Continuing Operating Activities	250	384	361	365	337	539	556	297	307	570
Net Income / (Loss) Continuing Operations	202	231	268	272	274	330	410	443	330	419
Consolidated Net Income / (Loss)	202	231	268	272	274	330	410	443	330	419
Depreciation Expense	63	64	55	53	69	76	76	75	84	94
Amortization Expense	-	-	10	7.79	18	20	24	34	36	35
Non-Cash Adjustments To Reconcile Net Income	6.62	10	12	11	58	24	21	3.30	159	22
Changes in Operating Assets and Liabilities, net	-22	79	16	21	-82	90	25	-258	-301	1.30
Net Cash From Investing Activities	-255	-49	-84	-128	-773	-216	-129	-548	-158	-60
Net Cash From Continuing Investing Activities	-255	-49	-84	-128	-773	-216	-129	-548	-158	-60
Purchase of Property, Plant & Equipment	-56	-51	-58	-90	-93	-78	-104	-144	-150	-104
Acquisitions	-198	0.00	-24	-31	-697	-138	-52	-410	-21	-0.80
Sale of Property, Plant & Equipment	0.18	0.31	0.20	0.15	4.67	0.22	1.00	0.20	0.40	0.30
Divestitures	0.00	1.50	0.00	0.00	13	0.00	27	4.60	5.30	40
Other Investing Activities, net	-	-	-	-	-	-	0.00	0.00	7.10	4.30
Net Cash From Financing Activities	-182	-183	-245	-252	299	2.35	-504	42	-148	-505
Net Cash From Continuing Financing Activities	-182	-183	-245	-252	299	2.35	-504	42	-148	-505
Repayment of Debt	-29	-25	-19	-20	-511	-546	-370	0.00	39	-115
Repurchase of Common Equity	-106	-110	-159	-160	-20	0.00	-302	-140	-60	-246
Payment of Dividends	-56	-66	-76	-85	-96	-108	-112	-126	-142	-150
Issuance of Debt	-	-	0.00	0.00	900	636	270	300	0.00	0.00
Other Financing Activities, net	8.20	18	8.98	13	27	20	11	7.90	16	5.20
Effect of Exchange Rate Changes	-1.85	-5.16	-	-5.94	-1.22	2.41	2.40	-8.50	3.30	1.30
Cash Interest Paid	18	20	19	20	30	34	32	31	61	63
Cash Income Taxes Paid	77	82	97	76	55	70	102	121	165	92

This table details how cash moves in and out of Toro's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Change in Cash & Equivalents	-32	-43	-14	-23	-3.40	45	5.40	-9.70	32	-22	-28
Net Cash From Operating Activities	112	143	-69	131	93	152	-92	227	195	240	-49
Net Cash From Continuing Operating Activities	112	143	-69	131	93	152	-92	227	195	240	-49
Net Income / (Loss) Continuing Operations	125	118	107	167	-15	70	65	145	119	90	53
Consolidated Net Income / (Loss)	125	118	107	167	-15	70	65	145	119	90	53
Depreciation Expense	17	21	19	19	18	27	22	21	22	28	24
Amortization Expense	9.13	9.14	9.10	8.80	8.90	8.90	8.70	8.80	8.80	8.20	7.90
Non-Cash Adjustments To Reconcile Net Income	8.48	-6.98	-1.20	-1.10	160	2.00	12	3.10	9.00	-2.30	6.40
Changes in Operating Assets and Liabilities, net	-48	2.33	-203	-64	-79	44	-200	49	36	116	-140
Net Cash From Investing Activities	-42	-68	-22	-41	-57	-39	-19	-18	-5.90	-16	-19
Net Cash From Continuing Investing Activities	-42	-68	-22	-41	-57	-39	-19	-18	-5.90	-16	-19
Purchase of Property, Plant & Equipment	-40	-68	-29	-41	-36	-44	-19	-20	-24	-40	-19
Net Cash From Financing Activities	-100	-121	74	-107	-50	-65	114	-218	-157	-245	45
Net Cash From Continuing Financing Activities	-100	-121	74	-107	-50	-65	114	-218	-157	-245	45
Repayment of Debt	-135	335	-1.50	-0.10	0.10	40	-2.60	-0.10	-0.70	-112	-1.00
Repurchase of Common Equity	-35	-30	-	-	-36	-	0.00	-	-99	-136	-100
Payment of Dividends	-31	-31	-36	-36	-35	-35	-38	-38	-38	-37	-39
Issuance of Debt	100	-400	100	-50	20	-70	155	-170	-25	40	185
Other Financing Activities, net	1.74	5.77	11	3.40	0.80	0.30	-0.70	0.10	5.30	0.50	-0.90
Effect of Exchange Rate Changes	-2.00	2.26	2.20	-5.90	10	-3.30	2.60	-1.10	0.60	-0.80	-5.10

This table presents Toro's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,304	1,385	1,494	1,571	2,331	2,853	2,936	3,556	3,644	3,583
Total Current Assets	673	779	860	895	1,123	1,428	1,489	1,675	1,799	1,765
Cash & Equivalents	126	274	310	289	152	480	406	188	193	200
Accounts Receivable	171	158	176	185	242	497	284	308	384	460
Inventories, net	335	307	329	358	652	652	738	1,051	1,088	1,039
Prepaid Expenses	35	35	38	54	51	34	35	103	111	67
Plant, Property, & Equipment, net	225	222	235	271	437	468	488	572	642	645
Total Noncurrent Assets	406	384	399	405	770	958	959	1,309	1,204	1,173
Long-Term Investments	-	-	-	-	24	20	21	39	51	49
Goodwill	196	195	205	225	362	424	422	583	451	450
Intangible Assets	119	108	104	106	352	408	420	586	540	499
Noncurrent Deferred & Refundable Income Taxes	67	57	64	38	6.25	6.47	5.80	5.30	14	45
Other Noncurrent Operating Assets	25	23	26	36	25	99	91	95	148	130
Total Liabilities & Shareholders' Equity	1,304	1,385	1,494	1,571	2,331	2,853	2,936	3,556	3,644	3,583
Total Liabilities	841	835	877	902	1,471	1,738	1,785	2,204	2,133	2,031
Total Current Liabilities	444	464	522	533	757	856	937	1,064	949	976
Short-Term Debt	23	22	26	0.00	80	100	-	-	0.00	10
Accounts Payable	152	175	212	257	319	364	503	579	430	453
Accrued Expenses	208	207	218	218	271	308	305	356	389	493
Other Current Liabilities	-	7.93	7.54	-	0.00	15	14	16	20	20
Total Noncurrent Liabilities	398	371	355	369	714	883	848	1,141	1,185	1,055
Long-Term Debt	355	328	306	313	621	691	691	991	1,032	912
Noncurrent Deferred & Payable Income Tax Liabilities	0.01	0.00	1.73	1.40	51	70	50	44	0.40	0.50
Other Noncurrent Operating Liabilities	32	30	23	55	43	121	106	106	153	143
Total Equity & Noncontrolling Interests	462	550	617	669	860	1,115	1,151	1,352	1,511	1,552
Total Preferred & Common Equity	462	550	617	669	860	1,115	1,151	1,352	1,511	1,552
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	462	550	617	669	860	1,115	1,151	1,352	1,511	1,552
Common Stock	109	108	107	106	107	108	105	104	104	102
Retained Earnings	383	480	534	587	785	1,042	1,072	1,281	1,444	1,496
Accumulated Other Comprehensive Income / (Loss)	-30	-38	-24	-24	-32	-34	-26	-33	-37	-46

This table presents Toro's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Total Assets	3,440	3,655	3,741	3,586	3,801	3,852	3,731	3,697
Total Current Assets	1,604	1,758	1,827	1,732	1,967	2,019	1,914	1,896
Cash & Equivalents	232	174	151	148	199	189	221	171
Accounts Receivable	351	377	462	391	489	623	532	494
Inventories, net	939	1,131	1,128	1,113	1,177	1,105	1,082	1,143
Prepaid Expenses	83	75	86	81	102	102	79	88
Plant, Property, & Equipment, net	532	584	606	625	639	638	636	638
Total Noncurrent Assets	1,304	1,313	1,309	1,229	1,195	1,195	1,182	1,163
Long-Term Investments	31	46	53	49	48	52	46	48
Goodwill	584	585	585	451	451	451	450	450
Intangible Assets	595	577	568	549	532	523	512	491
Noncurrent Deferred & Refundable Income Taxes	0.96	12	11	42	20	31	38	46
Other Noncurrent Operating Assets	92	94	91	138	144	139	135	128
Total Liabilities & Shareholders' Equity	3,440	3,655	3,741	3,586	3,801	3,852	3,731	3,697
Total Liabilities	2,153	2,211	2,181	2,109	2,253	2,201	2,095	2,229
Total Current Liabilities	1,011	988	1,024	908	922	1,049	984	993
Short-Term Debt	65	0.00	0.00	0.00	6.80	14	25	15
Accounts Payable	487	475	515	407	422	512	438	447
Accrued Expenses	444	497	493	482	475	503	502	511
Other Current Liabilities	16	16	16	18	19	20	20	20
Total Noncurrent Liabilities	1,142	1,223	1,157	1,201	1,331	1,152	1,111	1,236
Long-Term Debt	991	1,091	1,041	1,061	1,180	1,003	967	1,092
Noncurrent Deferred & Payable Income Tax Liabilities	50	31	19	0.10	0.40	0.40	0.40	0.50
Other Noncurrent Operating Liabilities	101	100	98	140	151	148	144	144
Total Equity & Noncontrolling Interests	1,287	1,444	1,560	1,477	1,548	1,651	1,636	1,468
Total Preferred & Common Equity	1,287	1,444	1,560	1,477	1,548	1,651	1,636	1,468
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,287	1,444	1,560	1,477	1,548	1,651	1,636	1,468
Common Stock	104	104	104	104	104	104	103	100
Retained Earnings	1,214	1,369	1,485	1,404	1,479	1,583	1,576	1,415
Accumulated Other Comprehensive Income / (Loss)	-31	-29	-29	-31	-35	-36	-43	-47

This table displays calculated financial ratios and metrics derived from Toro's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.04%	0.05%	4.72%	4.53%	19.84%	7.67%	17.19%	14.02%	0.85%	0.67%
EBITDA Growth	14.74%	10.98%	5.65%	3.54%	-3.12%	22.15%	17.16%	11.02%	-17.02%	21.52%
EBIT Growth	13.95%	12.91%	6.43%	5.16%	-10.35%	25.43%	20.05%	11.30%	-21.93%	25.15%
NOPAT Growth	16.12%	12.82%	15.16%	1.21%	1.47%	24.91%	23.09%	8.67%	-23.24%	22.87%
Net Income Growth	15.94%	14.59%	15.90%	1.58%	0.75%	20.34%	24.32%	8.15%	-25.63%	27.05%
EPS Growth	15.94%	15.73%	16.99%	3.73%	1.20%	19.76%	24.75%	11.11%	-25.48%	28.12%
Operating Cash Flow Growth	36.86%	53.97%	-6.12%	1.12%	-7.52%	59.88%	2.99%	-46.50%	3.23%	85.76%
Free Cash Flow Firm Growth	-135.06%	937.65%	-19.50%	-17.96%	-297.70%	114.85%	995.18%	-135.61%	170.43%	198.57%
Invested Capital Growth	52.37%	-12.13%	1.80%	9.53%	99.31%	20.31%	-15.22%	49.52%	8.65%	-3.20%
Revenue Q/Q Growth	2.87%	-0.52%	0.82%	1.97%	6.63%	3.26%	3.12%	4.91%	-3.98%	2.06%
EBITDA Q/Q Growth	5.67%	1.88%	0.97%	3.39%	2.23%	9.16%	-3.02%	13.27%	-7.48%	3.31%
EBIT Q/Q Growth	6.12%	2.06%	1.27%	-0.83%	1.05%	11.25%	-3.70%	15.37%	-10.31%	3.96%
NOPAT Q/Q Growth	6.38%	3.03%	1.00%	1.65%	-0.22%	12.41%	-2.73%	14.70%	-11.70%	3.13%
Net Income Q/Q Growth	6.70%	2.98%	1.37%	1.95%	-0.28%	11.47%	-2.86%	14.87%	-12.53%	4.91%
EPS Q/Q Growth	6.70%	0.98%	-1.23%	-0.79%	-1.56%	10.99%	-2.33%	15.07%	-12.32%	5.25%
Operating Cash Flow Q/Q Growth	34.07%	-0.33%	1.07%	6.21%	-7.46%	40.41%	-21.83%	27.59%	3.18%	18.26%
Free Cash Flow Firm Q/Q Growth	55.88%	2.24%	-2.55%	-0.63%	-2.73%	-64.51%	15.11%	19.87%	22.95%	26.24%
Invested Capital Q/Q Growth	-3.68%	-4.19%	-2.74%	-1.72%	-0.13%	9.77%	3.50%	2.27%	-1.35%	-5.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.96%	36.56%	36.76%	35.94%	33.40%	35.21%	33.80%	33.33%	34.65%	33.80%
EBITDA Margin	15.60%	17.30%	17.46%	17.29%	13.98%	15.86%	15.86%	15.44%	12.70%	15.33%
Operating Margin	12.51%	13.98%	14.18%	14.25%	10.36%	12.62%	13.09%	12.75%	9.46%	11.63%
EBIT Margin	12.96%	14.62%	14.86%	14.95%	11.18%	13.03%	13.35%	13.03%	10.09%	12.54%
Profit (Net Income) Margin	8.43%	9.66%	10.69%	10.38%	8.73%	9.76%	10.35%	9.82%	7.24%	9.14%
Tax Burden Percent	69.27%	69.90%	75.80%	73.02%	85.05%	80.99%	82.01%	80.24%	82.32%	81.69%
Interest Burden Percent	93.95%	94.47%	94.87%	95.12%	91.78%	92.47%	94.57%	93.93%	87.22%	89.23%
Effective Tax Rate	30.73%	30.10%	24.20%	26.98%	14.95%	19.01%	17.99%	19.76%	17.68%	18.31%
Return on Invested Capital (ROIC)	35.04%	34.85%	42.52%	40.71%	26.40%	22.48%	27.43%	26.03%	15.98%	19.16%
ROIC Less NNEP Spread (ROIC-NNEP)	31.45%	33.18%	39.57%	38.79%	25.53%	19.64%	23.79%	22.47%	12.82%	16.91%
Return on Net Nonoperating Assets (RNNOA)	11.26%	10.79%	3.36%	1.58%	9.45%	10.91%	8.75%	9.39%	7.05%	8.19%
Return on Equity (ROE)	46.30%	45.64%	45.88%	42.29%	35.85%	33.40%	36.18%	35.42%	23.04%	27.35%
Cash Return on Invested Capital (CROIC)	-6.47%	47.76%	40.74%	31.62%	-39.95%	4.05%	43.90%	-13.66%	7.69%	22.41%
Operating Return on Assets (OROA)	24.82%	26.02%	25.87%	25.55%	17.99%	16.98%	18.26%	18.12%	12.76%	15.90%
Return on Assets (ROA)	16.15%	17.19%	18.60%	17.75%	14.04%	12.72%	14.16%	13.66%	9.16%	11.59%
Return on Common Equity (ROCE)	46.30%	45.64%	45.88%	42.29%	35.85%	33.40%	36.18%	35.42%	23.04%	27.35%
Return on Equity Simple (ROE_SIMPLE)	43.62%	42.00%	43.38%	40.65%	31.87%	29.57%	35.61%	32.80%	21.82%	26.99%
Net Operating Profit after Tax (NOPAT)	207	234	269	272	276	345	425	462	355	436
NOPAT Margin	8.67%	9.77%	10.74%	10.40%	8.81%	10.22%	10.74%	10.23%	7.79%	9.50%
Net Nonoperating Expense Percent (NNEP)	3.59%	1.67%	2.95%	1.92%	0.87%	2.85%	3.64%	3.56%	3.16%	2.26%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	19.72%	13.95%	17.61%
Cost of Revenue to Revenue	65.04%	63.44%	63.24%	64.07%	66.61%	64.79%	66.20%	66.67%	65.35%	66.20%
SG&A Expenses to Revenue	22.45%	22.58%	22.58%	21.69%	23.04%	22.59%	20.71%	20.58%	21.87%	22.17%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.45%	22.58%	22.58%	21.69%	23.04%	22.59%	20.71%	20.58%	25.19%	22.17%
Earnings before Interest and Taxes (EBIT)	310	350	372	391	351	440	529	588	459	575
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	373	414	437	453	439	536	628	697	578	703
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.95	8.60	10.03	8.23	8.98	7.52	8.49	7.89	5.47	5.32
Price to Tangible Book Value (P/TBV)	24.90	19.14	20.08	16.29	53.24	29.68	31.59	58.42	15.89	13.70
Price to Revenue (P/Rev)	1.54	1.98	2.47	2.10	2.46	2.48	2.47	2.36	1.82	1.80
Price to Earnings (P/E)	18.24	20.48	23.12	20.24	28.17	25.43	23.84	24.06	25.07	19.71
Dividend Yield	1.49%	1.39%	1.22%	1.53%	1.24%	1.28%	1.14%	1.17%	1.71%	1.79%
Earnings Yield	5.48%	4.88%	4.33%	4.94%	3.55%	3.93%	4.19%	4.16%	3.99%	5.07%
Enterprise Value to Invested Capital (EV/IC)	5.50	7.66	9.73	7.90	5.91	5.17	7.06	5.38	3.92	3.99
Enterprise Value to Revenue (EV/Rev)	1.64	2.01	2.48	2.11	2.63	2.57	2.54	2.53	1.99	1.95
Enterprise Value to EBITDA (EV/EBITDA)	10.53	11.61	14.21	12.21	18.79	16.19	15.99	16.40	15.65	12.71
Enterprise Value to EBIT (EV/EBIT)	12.68	13.74	16.68	14.12	23.48	19.70	18.99	19.43	19.71	15.54
Enterprise Value to NOPAT (EV/NOPAT)	18.96	20.57	23.08	20.29	29.81	25.12	23.61	24.75	25.53	20.50
Enterprise Value to Operating Cash Flow (EV/OCF)	15.74	12.51	17.22	15.15	24.43	16.08	18.07	38.46	29.51	15.67
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	15.00	24.09	26.13	0.00	139.63	14.75	0.00	53.05	17.53
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.82	0.64	0.54	0.47	0.82	0.71	0.60	0.73	0.68	0.59
Long-Term Debt to Equity	0.77	0.60	0.50	0.47	0.72	0.62	0.60	0.73	0.68	0.59
Financial Leverage	0.36	0.33	0.08	0.04	0.37	0.56	0.37	0.42	0.55	0.48
Leverage Ratio	2.87	2.66	2.47	2.38	2.55	2.63	2.55	2.59	2.52	2.36
Compound Leverage Factor	2.69	2.51	2.34	2.27	2.34	2.43	2.42	2.44	2.19	2.11
Debt to Total Capital	45.00%	38.95%	34.97%	31.85%	44.91%	41.51%	37.52%	42.30%	40.57%	37.26%
Short-Term Debt to Total Capital	2.78%	2.50%	2.77%	0.00%	5.12%	5.24%	0.00%	0.00%	0.00%	0.40%
Long-Term Debt to Total Capital	42.22%	36.46%	32.21%	31.85%	39.79%	36.27%	37.52%	42.30%	40.57%	36.86%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	55.00%	61.05%	65.03%	68.15%	55.09%	58.49%	62.48%	57.70%	59.43%	62.74%
Debt to EBITDA	1.01	0.85	0.76	0.69	1.60	1.48	1.10	1.42	1.78	1.31
Net Debt to EBITDA	0.68	0.19	0.05	0.05	1.20	0.54	0.42	1.10	1.36	0.96
Long-Term Debt to EBITDA	0.95	0.79	0.70	0.69	1.42	1.29	1.10	1.42	1.78	1.30
Debt to NOPAT	1.83	1.50	1.23	1.15	2.54	2.29	1.63	2.15	2.91	2.12
Net Debt to NOPAT	1.22	0.33	0.08	0.09	1.90	0.84	0.62	1.65	2.22	1.55
Long-Term Debt to NOPAT	1.71	1.41	1.14	1.15	2.25	2.00	1.63	2.15	2.91	2.09
Altman Z-Score	5.86	6.72	7.51	6.95	5.65	5.34	5.96	5.43	4.82	5.10
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.52	1.68	1.65	1.68	1.48	1.67	1.59	1.58	1.90	1.81
Quick Ratio	0.68	0.94	0.95	0.91	0.56	1.17	0.76	0.49	0.63	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-38	320	258	212	-418	62	680	-242	171	510
Operating Cash Flow to CapEx	444.15%	762.27%	621.15%	405.46%	382.45%	692.82%	539.32%	207.40%	205.77%	552.23%
Free Cash Flow to Firm to Interest Expense	-2.04	16.57	13.49	11.08	-14.51	1.87	23.71	-6.79	2.91	8.23
Operating Cash Flow to Interest Expense	13.31	19.87	18.87	19.10	11.70	16.27	19.36	8.32	5.23	9.21
Operating Cash Flow Less CapEx to Interest Expense	10.31	17.27	15.84	14.39	8.64	13.92	15.77	4.31	2.69	7.54
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.92	1.78	1.74	1.71	1.61	1.30	1.37	1.39	1.26	1.27
Accounts Receivable Turnover	14.82	14.54	15.00	14.50	14.68	9.14	10.15	15.27	13.17	11.17
Inventory Turnover	5.11	4.73	4.98	4.88	4.14	3.36	3.77	3.36	2.78	2.85
Fixed Asset Turnover	11.12	10.70	10.96	10.34	8.85	7.47	8.29	8.52	7.50	7.13
Accounts Payable Turnover	11.26	9.29	8.20	7.16	7.26	6.41	6.05	5.56	5.90	6.88
Days Sales Outstanding (DSO)	24.63	25.11	24.33	25.17	24.86	39.93	35.98	23.91	27.72	32.68
Days Inventory Outstanding (DIO)	71.49	77.15	73.26	74.76	88.18	108.72	96.82	108.48	131.18	127.90
Days Payable Outstanding (DPO)	32.43	39.29	44.51	50.95	50.28	56.96	60.37	65.59	61.87	53.09
Cash Conversion Cycle (CCC)	63.69	62.97	53.08	48.98	62.77	91.70	72.43	66.80	97.04	107.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	714	627	639	700	1,394	1,678	1,422	2,126	2,310	2,236
Invested Capital Turnover	4.04	3.57	3.96	3.91	3.00	2.20	2.55	2.54	2.05	2.02
Increase / (Decrease) in Invested Capital	245	-87	11	61	695	283	-255	704	184	-74
Enterprise Value (EV)	3,928	4,807	6,212	5,527	8,242	8,675	10,038	11,431	9,053	8,932
Market Capitalization	3,676	4,730	6,190	5,504	7,717	8,383	9,773	10,668	8,265	8,258
Book Value per Share	$8.43	$10.06	$5.73	$6.34	$8.06	$10.39	$10.81	$12.97	$14.55	$15.12
Tangible Book Value per Share	$2.69	$4.52	$2.86	$3.20	$1.36	$2.63	$2.91	$1.75	$5.01	$5.88
Total Capital	840	901	949	981	1,560	1,906	1,842	2,343	2,542	2,474
Total Debt	378	351	332	313	701	791	691	991	1,032	922
Total Long-Term Debt	355	328	306	313	621	691	691	991	1,032	912
Net Debt	252	77	22	23	525	291	265	763	788	673
Capital Expenditures (CapEx)	56	50	58	90	88	78	103	143	149	103
Debt-free, Cash-free Net Working Capital (DFCFNWC)	126	64	54	73	294	192	147	424	657	599
Debt-free Net Working Capital (DFNWC)	252	338	364	362	446	672	552	612	850	799
Net Working Capital (NWC)	229	315	338	362	366	572	552	612	850	789
Net Nonoperating Expense (NNE)	5.60	2.75	1.46	0.50	2.46	16	15	19	25	17
Net Nonoperating Obligations (NNO)	252	77	22	31	535	563	271	775	799	685
Total Depreciation and Amortization (D&A)	63	64	65	61	88	96	99	109	119	128
Debt-free, Cash-free Net Working Capital to Revenue	5.27%	2.68%	2.16%	2.78%	9.37%	5.68%	3.70%	9.38%	14.43%	13.08%
Debt-free Net Working Capital to Revenue	10.55%	14.11%	14.54%	13.82%	14.21%	19.88%	13.95%	13.55%	18.67%	17.43%
Net Working Capital to Revenue	9.57%	13.18%	13.50%	13.82%	11.66%	16.92%	13.95%	13.55%	18.67%	17.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.82	$2.10	$2.47	$2.56	$2.57	$3.06	$3.82	$4.23	$3.16	$4.04
Adjusted Weighted Average Basic Shares Outstanding	111.13M	109.83M	108.31M	106.37M	106.77M	107.66M	107.34M	104.82M	104.40M	103.80M
Adjusted Diluted Earnings per Share	$1.78	$2.06	$2.41	$2.50	$2.53	$3.03	$3.78	$4.20	$3.13	$4.01
Adjusted Weighted Average Diluted Shares Outstanding	113.51M	111.99M	111.25M	108.66M	108.09M	108.66M	108.47M	105.65M	105.30M	104.40M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	109.48M	108.11M	106.62M	105.83M	106.83M	107.63M	104.49M	104.01M	103.87M	101.18M
Normalized Net Operating Profit after Tax (NOPAT)	207	234	269	272	276	345	425	462	479	436
Normalized NOPAT Margin	8.67%	9.77%	10.74%	10.40%	8.81%	10.22%	10.74%	10.23%	10.52%	9.50%
Pre Tax Income Margin	12.17%	13.81%	14.10%	14.22%	10.27%	12.05%	12.62%	12.24%	8.80%	11.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	16.52	18.09	19.48	20.50	12.17	13.28	18.41	16.48	7.82	9.28
NOPAT to Interest Expense	11.05	12.09	14.08	14.27	9.59	10.42	14.81	12.94	6.04	7.04
EBIT Less CapEx to Interest Expense	13.52	15.48	16.44	15.79	9.11	10.93	14.83	12.46	5.28	7.62
NOPAT Less CapEx to Interest Expense	8.05	9.48	11.04	9.56	6.53	8.07	11.22	8.92	3.50	5.37
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	27.56%	28.52%	28.30%	31.27%	35.09%	32.67%	27.42%	28.36%	43.04%	35.69%
Augmented Payout Ratio	80.12%	76.14%	87.82%	90.27%	42.40%	32.67%	101.17%	59.94%	61.24%	94.29%

This table displays calculated financial ratios and metrics derived from Toro's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.81%	22.00%	23.18%	7.19%	-6.79%	-16.10%	-12.79%	0.72%	6.94%	9.43%	-0.69%
EBITDA Growth	29.90%	79.39%	45.84%	26.02%	-92.93%	-25.35%	-26.89%	-10.77%	1,294.12%	16.34%	-10.87%
EBIT Growth	33.59%	102.69%	54.42%	30.29%	-108.18%	-34.13%	-33.77%	-13.13%	1,266.91%	21.49%	-15.78%
NOPAT Growth	29.90%	91.76%	51.95%	28.30%	-110.29%	-38.08%	-35.36%	-12.81%	1,016.43%	17.28%	-13.43%
Net Income Growth	29.93%	95.44%	53.79%	27.74%	-111.99%	-40.18%	-39.29%	-13.55%	895.33%	27.88%	-18.64%
EPS Growth	33.71%	98.21%	53.03%	28.23%	-111.76%	-39.64%	-38.61%	-13.21%	914.29%	29.85%	-16.13%
Operating Cash Flow Growth	-29.53%	82.02%	23.48%	-1.74%	-16.74%	6.63%	-33.82%	74.04%	109.35%	57.86%	47.29%
Free Cash Flow Firm Growth	-326.40%	-281.65%	57.54%	58.43%	52.00%	81.50%	52.37%	159.57%	137.57%	252.20%	293.94%
Invested Capital Growth	51.31%	49.52%	16.13%	18.63%	12.64%	8.65%	7.43%	1.29%	0.80%	-3.20%	-5.32%
Revenue Q/Q Growth	-7.12%	0.99%	-1.98%	16.58%	-19.23%	-9.11%	1.89%	34.64%	-14.24%	-6.99%	-7.53%
EBITDA Q/Q Growth	-4.34%	-4.10%	-5.83%	45.88%	-94.63%	912.50%	-7.77%	78.03%	-16.14%	-15.51%	-29.34%
EBIT Q/Q Growth	-3.93%	-6.97%	-6.00%	55.09%	-106.03%	849.26%	-5.50%	103.43%	-18.99%	-21.99%	-34.49%
NOPAT Q/Q Growth	-4.14%	-4.96%	-10.05%	56.55%	-107.69%	671.74%	-6.09%	111.16%	-19.17%	-26.83%	-30.68%
Net Income Q/Q Growth	-4.56%	-6.10%	-9.03%	56.69%	-108.96%	568.67%	-7.68%	123.11%	-17.61%	-24.64%	-41.27%
EPS Q/Q Growth	-4.03%	-6.72%	-9.01%	57.43%	-108.81%	578.57%	-7.46%	122.58%	-17.39%	-23.68%	-40.23%
Operating Cash Flow Q/Q Growth	-15.96%	27.70%	-148.30%	289.55%	-28.79%	63.55%	-160.62%	346.53%	-14.34%	23.32%	-120.24%
Free Cash Flow Firm Q/Q Growth	-18.13%	-0.96%	63.73%	3.88%	-36.39%	61.08%	6.65%	220.21%	-13.98%	57.68%	18.95%
Invested Capital Q/Q Growth	2.91%	2.27%	8.89%	3.51%	-2.28%	-1.35%	7.67%	-2.41%	-2.76%	-5.27%	5.31%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.46%	34.03%	34.46%	35.82%	34.42%	33.52%	34.38%	33.58%	34.82%	32.43%	33.73%
EBITDA Margin	16.57%	15.74%	15.12%	18.92%	1.26%	14.00%	12.68%	16.76%	16.39%	14.89%	11.38%
Operating Margin	14.05%	12.84%	11.87%	16.34%	-1.77%	9.62%	8.84%	13.91%	12.80%	10.13%	7.82%
EBIT Margin	14.33%	13.20%	12.66%	16.84%	-1.26%	10.36%	9.61%	14.52%	13.72%	11.51%	8.15%
Profit (Net Income) Margin	10.78%	10.03%	9.31%	12.51%	-1.39%	7.15%	6.48%	10.73%	10.31%	8.36%	5.31%
Tax Burden Percent	79.67%	82.06%	81.42%	79.46%	52.45%	80.80%	81.02%	80.80%	82.73%	82.25%	79.88%
Interest Burden Percent	94.48%	92.58%	90.30%	93.48%	210.29%	85.38%	83.18%	91.48%	90.86%	88.29%	81.50%
Effective Tax Rate	20.33%	17.94%	18.58%	20.54%	0.00%	19.20%	18.98%	19.20%	17.27%	17.75%	20.12%
Return on Invested Capital (ROIC)	27.89%	26.80%	21.22%	28.33%	-2.65%	15.96%	13.15%	20.57%	20.23%	16.80%	11.81%
ROIC Less NNEP Spread (ROIC-NNEP)	26.87%	25.67%	20.75%	27.56%	-2.85%	15.18%	12.39%	19.73%	19.82%	16.83%	10.78%
Return on Net Nonoperating Assets (RNNOA)	9.90%	10.72%	14.13%	16.17%	-1.71%	8.35%	7.50%	9.91%	10.12%	8.16%	6.53%
Return on Equity (ROE)	37.79%	37.53%	35.35%	44.51%	-4.36%	24.30%	20.64%	30.48%	30.35%	24.96%	18.34%
Cash Return on Invested Capital (CROIC)	-17.51%	-13.66%	8.27%	7.33%	6.28%	7.69%	5.97%	10.88%	17.17%	22.41%	23.07%
Operating Return on Assets (OROA)	19.24%	18.36%	17.34%	22.48%	-1.70%	13.11%	11.36%	16.89%	16.84%	14.59%	9.95%
Return on Assets (ROA)	14.48%	13.95%	12.75%	16.70%	-1.87%	9.04%	7.66%	12.48%	12.66%	10.60%	6.48%
Return on Common Equity (ROCE)	37.79%	37.53%	35.35%	44.51%	-4.36%	24.30%	20.64%	30.48%	30.35%	24.96%	18.34%
Return on Equity Simple (ROE_SIMPLE)	29.99%	0.00%	33.28%	33.15%	25.52%	0.00%	18.59%	16.05%	24.40%	0.00%	27.72%
Net Operating Profit after Tax (NOPAT)	130	123	111	174	-13	76	72	152	123	90	62
NOPAT Margin	11.19%	10.53%	9.67%	12.98%	-1.24%	7.77%	7.17%	11.24%	10.59%	8.33%	6.25%
Net Nonoperating Expense Percent (NNEP)	1.02%	1.14%	0.48%	0.78%	0.20%	0.78%	0.76%	0.84%	0.41%	-0.03%	1.02%
Return On Investment Capital (ROIC_SIMPLE)	-	5.27%	-	-	-	3.01%	2.63%	-	-	3.62%	2.41%
Cost of Revenue to Revenue	65.54%	65.97%	65.54%	64.18%	65.58%	66.48%	65.62%	66.42%	65.18%	67.57%	66.27%
SG&A Expenses to Revenue	20.41%	21.19%	22.59%	19.48%	22.20%	23.90%	25.54%	19.67%	22.02%	22.30%	25.91%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.41%	21.19%	22.59%	19.48%	36.19%	23.90%	25.54%	19.67%	22.02%	22.30%	25.91%
Earnings before Interest and Taxes (EBIT)	166	155	145	226	-14	102	96	196	159	124	81
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	192	184	174	253	14	138	127	226	190	160	113
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.79	7.89	8.01	6.95	7.00	5.47	6.20	5.56	5.77	5.32	5.74
Price to Tangible Book Value (P/TBV)	81.17	58.42	40.94	26.63	21.71	15.89	16.98	13.55	14.01	13.70	15.98
Price to Revenue (P/Rev)	2.03	2.36	2.44	2.25	2.18	1.82	2.18	2.08	2.10	1.80	1.84
Price to Earnings (P/E)	22.64	24.06	24.06	20.96	27.45	25.07	33.35	34.66	23.65	19.71	20.71
Dividend Yield	1.39%	1.17%	1.12%	1.23%	1.33%	1.71%	1.49%	1.59%	1.56%	1.79%	1.75%
Earnings Yield	4.42%	4.16%	4.16%	4.77%	3.64%	3.99%	3.00%	2.88%	4.23%	5.07%	4.83%
Enterprise Value to Invested Capital (EV/IC)	4.58	5.38	5.37	4.87	4.79	3.92	4.23	4.10	4.31	3.99	3.95
Enterprise Value to Revenue (EV/Rev)	2.21	2.53	2.63	2.42	2.36	1.99	2.39	2.26	2.26	1.95	2.03
Enterprise Value to EBITDA (EV/EBITDA)	15.49	16.40	16.55	14.52	17.93	15.65	19.81	19.75	14.94	12.71	13.52
Enterprise Value to EBIT (EV/EBIT)	18.69	19.43	19.45	16.87	21.90	19.71	25.69	26.18	18.39	15.54	16.65
Enterprise Value to NOPAT (EV/NOPAT)	23.67	24.75	24.88	21.69	27.92	25.53	33.40	33.96	24.07	20.50	21.86
Enterprise Value to Operating Cash Flow (EV/OCF)	40.92	38.46	39.07	36.94	37.71	29.51	37.16	26.20	21.10	15.67	15.18
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	69.78	72.09	80.77	53.05	73.53	37.97	25.19	17.53	16.67
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.82	0.73	0.76	0.67	0.72	0.68	0.77	0.62	0.61	0.59	0.75
Long-Term Debt to Equity	0.77	0.73	0.76	0.67	0.72	0.68	0.76	0.61	0.59	0.59	0.74
Financial Leverage	0.37	0.42	0.68	0.59	0.60	0.55	0.61	0.50	0.51	0.48	0.61
Leverage Ratio	2.54	2.59	2.69	2.59	2.54	2.52	2.49	2.36	2.35	2.36	2.49
Compound Leverage Factor	2.40	2.40	2.43	2.43	5.35	2.15	2.07	2.16	2.14	2.08	2.03
Debt to Total Capital	45.07%	42.30%	43.03%	40.03%	41.81%	40.57%	43.39%	38.11%	37.74%	37.26%	42.99%
Short-Term Debt to Total Capital	2.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.25%	0.51%	0.96%	0.40%	0.58%
Long-Term Debt to Total Capital	42.29%	42.30%	43.03%	40.03%	41.81%	40.57%	43.15%	37.60%	36.78%	36.86%	42.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	54.93%	57.70%	56.97%	59.97%	58.19%	59.43%	56.61%	61.89%	62.26%	62.74%	57.01%
Debt to EBITDA	1.72	1.42	1.45	1.30	1.70	1.78	2.23	2.02	1.46	1.31	1.61
Net Debt to EBITDA	1.29	1.10	1.16	1.04	1.38	1.36	1.77	1.54	1.06	0.96	1.29
Long-Term Debt to EBITDA	1.61	1.42	1.45	1.30	1.70	1.78	2.22	1.99	1.42	1.30	1.58
Debt to NOPAT	2.62	2.15	2.18	1.93	2.64	2.91	3.76	3.47	2.35	2.12	2.60
Net Debt to NOPAT	1.97	1.65	1.74	1.55	2.15	2.22	2.98	2.65	1.71	1.55	2.08
Long-Term Debt to NOPAT	2.46	2.15	2.18	1.93	2.64	2.91	3.74	3.42	2.29	2.09	2.56
Altman Z-Score	4.55	5.03	5.34	5.28	5.08	4.50	4.67	4.70	4.94	4.68	4.41
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.59	1.58	1.78	1.78	1.91	1.90	2.13	1.93	1.94	1.81	1.91
Quick Ratio	0.58	0.49	0.56	0.60	0.59	0.63	0.75	0.77	0.77	0.68	0.67
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-575	-581	-211	-202	-276	-107	-100	121	104	164	195
Operating Cash Flow to CapEx	280.87%	210.61%	-237.59%	320.10%	261.97%	347.26%	-482.72%	1,119.70%	811.25%	603.27%	-254.45%
Free Cash Flow to Firm to Interest Expense	-62.65	-50.58	-14.94	-13.77	-18.41	-7.21	-6.19	7.22	7.15	11.28	12.97
Operating Cash Flow to Interest Expense	12.17	12.42	-4.89	8.88	6.20	10.21	-5.69	13.61	13.43	16.56	-3.24
Operating Cash Flow Less CapEx to Interest Expense	7.83	6.52	-6.94	6.11	3.83	7.27	-6.87	12.40	11.77	13.81	-4.51
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.34	1.39	1.37	1.34	1.35	1.26	1.18	1.16	1.23	1.27	1.22
Accounts Receivable Turnover	13.20	15.27	12.72	10.70	12.79	13.17	10.17	8.14	9.73	11.17	9.31
Inventory Turnover	3.62	3.36	3.19	3.12	3.02	2.78	2.50	2.61	2.70	2.85	2.62
Fixed Asset Turnover	8.70	8.52	8.67	8.62	8.20	7.50	7.20	7.10	7.12	7.13	7.17
Accounts Payable Turnover	6.47	5.56	6.59	5.82	6.92	5.90	6.42	5.68	7.01	6.88	6.99
Days Sales Outstanding (DSO)	27.65	23.91	28.68	34.12	28.53	27.72	35.88	44.84	37.51	32.68	39.21
Days Inventory Outstanding (DIO)	100.71	108.48	114.45	117.12	120.99	131.18	146.28	139.70	135.26	127.90	139.45
Days Payable Outstanding (DPO)	56.38	65.59	55.36	62.74	52.74	61.87	56.84	64.28	52.09	53.09	52.22
Cash Conversion Cycle (CCC)	71.98	66.80	87.78	88.51	96.79	97.04	125.33	120.27	120.68	107.50	126.44
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,079	2,126	2,316	2,397	2,342	2,310	2,488	2,428	2,361	2,236	2,355
Invested Capital Turnover	2.49	2.54	2.20	2.18	2.15	2.05	1.83	1.83	1.91	2.02	1.89
Increase / (Decrease) in Invested Capital	705	704	322	376	263	184	172	31	19	-74	-132
Enterprise Value (EV)	9,531	11,431	12,436	11,674	11,211	9,053	10,534	9,962	10,168	8,932	9,313
Market Capitalization	8,738	10,668	11,565	10,837	10,346	8,265	9,595	9,186	9,443	8,258	8,426
Book Value per Share	$12.30	$12.97	$13.89	$14.96	$14.22	$14.55	$14.83	$15.82	$15.75	$15.12	$14.50
Tangible Book Value per Share	$1.03	$1.75	$2.72	$3.90	$4.59	$5.01	$5.41	$6.49	$6.49	$5.88	$5.21
Total Capital	2,342	2,343	2,535	2,601	2,538	2,542	2,735	2,668	2,628	2,474	2,575
Total Debt	1,056	991	1,091	1,041	1,061	1,032	1,187	1,017	992	922	1,107
Total Long-Term Debt	991	991	1,091	1,041	1,061	1,032	1,180	1,003	967	912	1,092
Net Debt	793	763	871	837	865	788	940	776	724	673	888
Capital Expenditures (CapEx)	40	68	29	41	36	44	19	20	24	40	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	427	424	596	652	676	657	853	795	734	599	747
Debt-free Net Working Capital (DFNWC)	658	612	770	803	824	850	1,051	984	955	799	918
Net Working Capital (NWC)	593	612	770	803	824	850	1,045	971	930	789	903
Net Nonoperating Expense (NNE)	4.75	5.94	4.15	6.36	1.63	6.14	6.89	6.79	3.23	-0.25	9.35
Net Nonoperating Obligations (NNO)	793	775	871	837	865	799	940	776	724	685	888
Total Depreciation and Amortization (D&A)	26	30	28	28	27	36	31	30	31	36	32
Debt-free, Cash-free Net Working Capital to Revenue	9.91%	9.38%	12.59%	13.51%	14.26%	14.43%	19.36%	18.01%	16.34%	13.08%	16.32%
Debt-free Net Working Capital to Revenue	15.29%	13.55%	16.27%	16.65%	17.38%	18.67%	23.86%	22.28%	21.26%	17.43%	20.06%
Net Working Capital to Revenue	13.78%	13.55%	16.27%	16.65%	17.38%	18.67%	23.71%	21.98%	20.70%	17.21%	19.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.19	$1.13	$1.02	$1.60	($0.14)	$0.68	$0.62	$1.39	$1.15	$0.88	$0.52
Adjusted Weighted Average Basic Shares Outstanding	104.83M	104.80M	104.50M	104.65M	104.29M	104.40M	104.40M	104.40M	104M	103.80M	101.30M
Adjusted Diluted Earnings per Share	$1.19	$1.11	$1.01	$1.59	($0.14)	$0.67	$0.62	$1.38	$1.14	$0.87	$0.52
Adjusted Weighted Average Diluted Shares Outstanding	105.45M	105.60M	105.58M	105.57M	104.29M	105.30M	104.70M	104.90M	104.50M	104.40M	101.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	104.20M	104.01M	104.28M	103.91M	103.84M	103.87M	104.41M	103.87M	102.61M	101.18M	99.82M
Normalized Net Operating Profit after Tax (NOPAT)	130	123	111	174	93	76	72	152	123	90	62
Normalized NOPAT Margin	11.19%	10.53%	9.67%	12.98%	8.55%	7.77%	7.17%	11.24%	10.59%	8.33%	6.25%
Pre Tax Income Margin	13.54%	12.22%	11.43%	15.74%	-2.64%	8.85%	7.99%	13.28%	12.46%	10.16%	6.64%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	18.11	13.47	10.31	15.34	-0.91	6.84	5.94	11.73	10.94	8.54	5.41
NOPAT to Interest Expense	14.15	10.75	7.88	11.83	-0.89	5.13	4.43	9.08	8.45	6.18	4.14
EBIT Less CapEx to Interest Expense	13.78	7.57	8.26	12.56	-3.27	3.90	4.77	10.52	9.29	5.79	4.13
NOPAT Less CapEx to Interest Expense	9.82	4.85	5.82	9.05	-3.26	2.19	3.25	7.86	6.79	3.44	2.87
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	31.65%	28.36%	26.99%	25.89%	36.56%	43.04%	50.05%	55.06%	37.06%	35.69%	36.97%
Augmented Payout Ratio	92.58%	59.94%	26.99%	43.16%	60.44%	61.24%	50.05%	72.30%	64.41%	94.29%	121.90%

Frequently Asked Questions About Toro's Financials

When does Toro's fiscal year end?

According to the most recent income statement we have on file, Toro's financial year ends in October. Their financial year 2024 ended on October 31, 2024.

How has Toro's net income changed over the last 9 years?

Toro's net income appears to be on an upward trend, with a most recent value of $418.90 million in 2024, rising from $201.59 million in 2015. The previous period was $329.70 million in 2023.

What is Toro's operating income?

Toro's total operating income in 2024 was $533.30 million, based on the following breakdown:

Total Gross Profit: $1.55 billion
Total Operating Expenses: $1.02 billion

How has Toro revenue changed over the last 9 years?

Over the last 9 years, Toro's total revenue changed from $2.39 billion in 2015 to $4.58 billion in 2024, a change of 91.7%.

How much debt does Toro have?

Toro's total liabilities were at $2.03 billion at the end of 2024, a 4.8% decrease from 2023, and a 141.3% increase since 2015.

How much cash does Toro have?

In the past 9 years, Toro's cash and equivalents has ranged from $126.28 million in 2015 to $479.89 million in 2020, and is currently $199.50 million as of their latest financial filing in 2024.

How has Toro's book value per share changed over the last 9 years?

Over the last 9 years, Toro's book value per share changed from 8.43 in 2015 to 15.12 in 2024, a change of 79.4%.

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This page (NYSE:TTC) was last updated on 4/11/2025 by MarketBeat.com Staff

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Toro (TTC) Financials

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