Toro Income Statement

TTC / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Toro reported $4.5B in revenue and $316M in net income for FY2025. Revenue has grown at a 8.1% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$4.5B	$4.6B	$4.6B	$4.5B	$4.0B	$3.4B	$3.1B	$2.6B	$2.4B	$2.4B	$2.4B	$2.0B	$1.9B	$1.7B	$1.5B
Cost of Revenue	$3.0B	$3.0B	$3.0B	$3.0B	$2.6B	$2.2B	$2.1B	$1.7B	$1.6B	$1.5B	$1.6B	$1.3B	$1.2B	$1.1B	$1.0B
Gross Profit	$1.5B	$1.5B	$1.6B	$1.5B	$1.3B	$1.2B	$1.0B	$941.0M	$835.9M	$874.6M	$835.9M	$673.1M	$636.6M	$576.4M	$511.0M
SG&A Expense	$1.0B	$1.0B	$995.6M	$928.9M	$820.2M	$763.4M	$722.9M	$567.9M	$536.8M	$540.2M	$536.8M	$467.5M	$452.2M	$425.1M	$395.8M
R&D Expense	$162.3M	$173.1M	$173.9M	$155.6M	$141.0M	$124.1M	$109.1M	$83.5M	-	$77.4M	-	-	-	-	-
Operating Income	$409.9M	$533.3M	$430.7M	$575.7M	$518.3M	$426.4M	$325.0M	$373.1M	$299.1M	$334.4M	$299.1M	$205.6M	$184.5M	$151.3M	$115.2M
Interest Expense	-	-	$58.7M	$35.7M	$28.7M	$33.2M	$28.8M	$19.1M	$18.8M	$19.3M	$18.8M	$16.9M	$17.0M	$17.1M	$17.6M
Income Tax	$61.5M	$93.9M	$70.8M	$109.2M	$89.9M	$77.4M	$48.1M	$100.5M	$89.4M	$99.5M	$89.4M	$66.7M	$57.2M	$48.0M	$33.0M
Net Income	$316.1M	$418.9M	$329.7M	$443.3M	$409.9M	$329.7M	$274.0M	$271.9M	-	-	-	-	-	-	-
EPS (Basic)	$3.16	$4.23	$3.82	$3.06	$2.57	$2.56	$2.47	$2.10	$1.81	$1.54	$2.67	$2.18	$1.88	$1.41	$1.76
EPS (Diluted)	$3.13	$4.20	$3.78	$3.03	$2.53	$2.50	$2.41	$2.06	$1.78	$1.51	$2.62	$2.14	$1.85	$1.39	$1.73
Shares Outstanding	101.5M	103.8M	104.0M	105.2M	107.6M	106.7M	105.6M	106.9M	108.4M	109.3M	55.7M	56.8M	58.3M	59.2M	31.4M
Gross Margin	33.4%	33.8%	34.6%	33.3%	33.8%	35.2%	33.4%	35.9%	35.0%	36.6%	35.0%	34.4%	33.8%	34.1%	33.5%
Operating Margin	9.1%	11.6%	9.5%	12.8%	13.1%	12.6%	10.4%	14.2%	12.5%	14.0%	12.5%	10.5%	9.8%	8.9%	7.6%
Profit Margin	7.0%	9.1%	7.2%	9.8%	10.3%	9.8%	8.7%	10.4%	-	-	-	-	-	-	-

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Toro Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$4.5B

$4.6B

$4.5B

$4.0B

$3.4B

$3.1B

$2.6B

$2.4B

$2.0B

$1.9B

$1.7B

$1.5B

Cost of Revenue

$3.0B

$2.6B

$2.2B

$2.1B

$1.7B

$1.6B

$1.5B

$1.6B

$1.3B

$1.2B

$1.1B

$1.0B

Gross Profit

$1.5B

$1.6B

$1.5B

$1.3B

$1.2B

$1.0B

$941.0M

$835.9M

$874.6M

$835.9M

$673.1M

$636.6M

$576.4M

$511.0M

SG&A Expense

$1.0B

$995.6M

$928.9M

$820.2M

$763.4M

$722.9M

$567.9M

$536.8M

$540.2M

$536.8M

$467.5M

$452.2M

$425.1M

$395.8M

R&D Expense

$162.3M

$173.1M

$173.9M

$155.6M

$141.0M

$124.1M

$109.1M

$83.5M

$77.4M

Operating Income

$409.9M

$533.3M

$430.7M

$575.7M

$518.3M

$426.4M

$325.0M

$373.1M

$299.1M

$334.4M

$299.1M

$205.6M

$184.5M

$151.3M

$115.2M

Interest Expense

$58.7M

$35.7M

$28.7M

$33.2M

$28.8M

$19.1M

$18.8M

$19.3M

$18.8M

$16.9M

$17.0M

$17.1M

$17.6M

Income Tax

$61.5M

$93.9M

$70.8M

$109.2M

$89.9M

$77.4M

$48.1M

$100.5M

$89.4M

$99.5M

$89.4M

$66.7M

$57.2M

$48.0M

$33.0M

Net Income

$316.1M

$418.9M

$329.7M

$443.3M

$409.9M

$329.7M

$274.0M

$271.9M

EPS (Basic)

$3.16

$4.23

$3.82

$3.06

$2.57

$2.56

$2.47

$2.10

$1.81

$1.54

$2.67

$2.18

$1.88

$1.41

$1.76

EPS (Diluted)

$3.13

$4.20

$3.78

$3.03

$2.53

$2.50

$2.41

$2.06

$1.78

$1.51

$2.62

$2.14

$1.85

$1.39

$1.73

Shares Outstanding

101.5M

103.8M

104.0M

105.2M

107.6M

106.7M

105.6M

106.9M

108.4M

109.3M

55.7M

56.8M

58.3M

59.2M

31.4M

Gross Margin

33.4%

33.8%

34.6%

33.3%

33.8%

35.2%

33.4%

35.9%

35.0%

36.6%

35.0%

34.4%

33.8%

34.1%

33.5%

Operating Margin

9.1%

11.6%

9.5%

12.8%

13.1%

12.6%

10.4%

14.2%

12.5%

14.0%

12.5%

10.5%

9.8%

8.9%

7.6%

Profit Margin

7.0%

9.1%

7.2%

9.8%

10.3%

9.8%

8.7%

10.4%