TORO CO

TTC · XNYS

CIK 737758fmd_1ZBH28QH508GDN4PED4AHFSTWMManufacturing · Lawn & Garden Tractors & Home Lawn & Gardens EquipTemplate: Standard

Coverage: Nov 01, 2007 to Jul 31, 2026, 70 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,392	2,505	2,619	3,138	3,379	3,960	4,515	4,553	4,584	4,510
Cost of revenue	1,518	1,584	1,678	2,090	2,189	2,621	3,010	2,976	3,035	3,006
Gross profit	875	921	941	1,048	1,190	1,338	1,505	1,578	1,549	1,505
Research and development	77	80	84	109	124	141	156	174	173	162
Selling, general and administrative	540	566	568	723	763	820	929	996	1,016	1,014
Operating income	334	355	373	325	426	518	576	431	533	410
Interest expense	19	19	19	29	33	29	36	59	62	59
Interest and investment income	1	1	2	3	1	–	–	–	–	–
Other non-operating income (expense)	15	17	18	26	14	10	13	29	41	27
Income before taxes	330	353	372	322	407	500	553	401	513	378
Income tax expense	99	85	100	48	77	90	109	71	94	62
Net income from continuing operations	231	268	272	274	330	410	443	330	419	316
Net income	–	–	272	274	330	410	443	330	419	316
Net income to common shareholders	231	268	272	274	–	–	–	–	–	–