TTC Industrials

The Toro Company

$107.26-1.45%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Industrials
Industry: Tools & Accessories
Country: United States
Market cap: 10.2B USD
Enterprise value: 10.3B USD
Full-time employees: 9,227

Overall health

About average: growth, valuation and risk (debt, liquidity and share-price swings)growth, valuation and risk

Ranks #964 of 2,308 industrials companies (top 42%)

See how it ranks against its peers

Worth knowing

Sales growing faster than profits. Since FY Oct 2022: revenue −0.1%, operating profit −29%.
Since FY Oct 2022, Toro's revenue changed −0.1% while operating profit fell 29%: costs rose faster than sales.
Share count shrinking. Shares outstanding down 9.0% from October 2022 to August 2026.
Toro had 9.0% fewer shares at August 2026 than at October 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Profit is backed by cash. Free cash flow is 196% of reported profit.
Toro's free cash flow is 196% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

StockQuotient Score

55/ 100▼ 1 since Oct 27 close

Oct 5 56 → Nov 4 55 (-1)

Valuation

Is the price right?

49/100

Moderate▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 50 → 49

Share price +2.6%-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Helped by:

▲ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield3.6%

SEC filings · 12 months to Jul 2026Reported value30% base weight · Z-score -0.07Sector median: 0.0377 · MAD: 0.0294

EBITDA yield5.8%

SEC filings · 12 months to Jul 2026Reported value50% base weight · Z-score -0.27Sector median: 0.0695 · MAD: 0.0425

Free cash flow yield7.0%

SEC filings · 12 months to Jul 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score 0.89Sector median: 0.0370 · MAD: 0.0370

Other data (not scored)

Book yield13.2%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5027 · MAD: 0.2823

Growth

Is it growing?

45/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 2.0%

Why

Held back by:

▼ 3-yr revenue

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth12.8%

SEC filings · 12 months to Jul 2026Reported value33% base weight · Z-score 0.23Sector median: 0.0709 · MAD: 0.2481

3-year revenue growth0.1%

SEC filings · 3 years to Jul 2026Reported value33% base weight · Z-score -0.66Sector median: 0.0421 · MAD: 0.0625

Revenue growth5.2%

SEC filings · 12 months to Jul 2026Reported value33% base weight · Z-score 0.10Sector median: 0.0439 · MAD: 0.0766

Profitability

Does it earn well?

86/100

Strong

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ ROA
▲ ROIC
▲ Operating margin

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin10.3%

SEC filings · 12 months to Jul 2026Reported value33% base weight · Z-score 0.51Sector median: 0.0773 · MAD: 0.0507

Return on assets10.3%

SEC filings · 12 months to Jul 2026Reported value33% base weight · Z-score 2.98Sector median: 0.0311 · MAD: 0.0241

Return on invested capital18.2%

SEC filings · 12 months to Jul 2026Reported value33% base weight · Z-score 1.98Sector median: 0.0715 · MAD: 0.0558

Other data (not scored)

Gross margin33.4%

SEC filings · 12 months to Jul 2026Reported valueInformational · 0% composite weightSector median: 0.2573 · MAD: 0.1038

Return on equity27.2%

SEC filings · 12 months to Jul 2026Reported valueInformational · 0% composite weightSector median: 0.0802 · MAD: 0.0639

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Held back by:

▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.71

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -0.23Sector median: 0.6440 · MAD: 0.2745

Current ratio1.58×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.08Sector median: 1.6180 · MAD: 0.5360

Debt / equity0.72×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.94Sector median: 0.4019 · MAD: 0.3378

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Toro

Is Toro getting weaker?: Its latest SEC filing (Sep 3, 2026) showed no major changes. Its overall score is 55/100, down 1 since Oct 28, 2026.
How is Toro valued vs its peers?: Priced about in line with its peers. Valuation scores 49/100 against 2,459 industrials peers. Free cash flow yield 7.0% vs a peer median of 3.7% (stronger than 73% of peers).Free cash flow yield 7.0% vs peers 3.7% (stronger than 73% of peers).
Is Toro growing?: At about the same pace as its peers. Growth scores 45/100 against 2,459 industrials peers. 3-year revenue growth 0.1% vs a peer median of 4.2% (weaker than 68% of peers).3-year revenue growth 0.1% vs peers 4.2% (weaker than 68% of peers).
How profitable is Toro?: More profitable than most of its peers. Profitability scores 86/100 against 2,459 industrials peers. Return on assets 10.3% vs a peer median of 3.1% (stronger than 93% of peers).Return on assets 10.3% vs peers 3.1% (stronger than 93% of peers).
How risky is Toro?: Moderate risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Debt / equity 0.72× vs a peer median of 0.40× (weaker than 66% of peers).Debt / equity 0.72× vs peers 0.40× (weaker than 66% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jul 31, 2026 · filed Sep 3, 2026 · compared with the quarter ended May 1, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	4.7B USD	4.8B USD	+2.0%
Net income (12 months)	339.8M USD	363.3M USD	+6.9%
Operating margin	9.4%	10.3%	+0.9 pts
Free cash flow (12 months)	759.1M USD	711.5M USD	−6.3%
Debt	1.0B USD	962.0M USD	−5.4%
Cash	180.4M USD	175.3M USD	−2.8%
Shares outstanding	95.2M	94.7M	−0.6%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Industrials · 318 companies

Valuations in Industrials are near the top of their range since 2016.

85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.

2016Shaded: most expensive fifth of its range2026

Shown for Industrials: too few Tools & Accessories companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY Oct 2021	FY Oct 2022	FY Oct 2023	FY Oct 2024	FY Oct 2025	Change
Gross margin	33.8%	33.3%	34.6%	33.8%	33.4%	▼ 0.4 pts
Operating margin	13.1%	12.8%	9.5%	11.6%	9.1%	▼ 2.5 pts
Net margin	10.4%	9.8%	7.2%	9.1%	7.0%	▼ 2.1 pts
Return on assets (ROA)	14.0%	12.5%	9.0%	11.7%	9.2%	▼ 2.5 pts
Return on equity (ROE)	35.6%	32.8%	21.8%	27.0%	21.8%	▼ 5.2 pts
Free cash flow margin	11.4%	3.4%	3.5%	10.2%	12.8%	▲ 2.6 pts
Current ratio	1.59×	1.58×	1.90×	1.81×	1.87×	▲ 3.3%
Quick ratio	0.80×	0.59×	0.75×	0.74×	0.86×	▲ 16%
Debt to equity	0.60×	0.73×	0.68×	0.59×	0.63×	▲ 6.7%
Interest coverage	18.06×	16.13×	7.34×	8.62×	6.94×	▼ 19%

TTC price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

One and one Green Technologies. IncYDDL95/ 100

Prored Partners CO.,LTD.7034.T94/ 100

Promotora y Operadora de Infraestructura, S. A. B. de C. V.PINFRA.MX93/ 100

Bringing the fundamentals into focus…

Worth knowing

Sales growing faster than profits. Since FY Oct 2022: revenue −0.1%, operating profit −29%.

Since FY Oct 2022, Toro's revenue changed −0.1% while operating profit fell 29%: costs rose faster than sales.

Share count shrinking. Shares outstanding down 9.0% from October 2022 to August 2026.

Toro had 9.0% fewer shares at August 2026 than at October 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.

Profit is backed by cash. Free cash flow is 196% of reported profit.

Toro's free cash flow is 196% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

Questions investors ask about Toro

Is Toro getting weaker?

Its latest SEC filing (Sep 3, 2026) showed no major changes. Its overall score is 55/100, down 1 since Oct 28, 2026.

How is Toro valued vs its peers?

Priced about in line with its peers. Valuation scores 49/100 against 2,459 industrials peers. Free cash flow yield 7.0% vs a peer median of 3.7% (stronger than 73% of peers).Free cash flow yield 7.0% vs peers 3.7% (stronger than 73% of peers).

Is Toro growing?

At about the same pace as its peers. Growth scores 45/100 against 2,459 industrials peers. 3-year revenue growth 0.1% vs a peer median of 4.2% (weaker than 68% of peers).3-year revenue growth 0.1% vs peers 4.2% (weaker than 68% of peers).

How profitable is Toro?

More profitable than most of its peers. Profitability scores 86/100 against 2,459 industrials peers. Return on assets 10.3% vs a peer median of 3.1% (stronger than 93% of peers).Return on assets 10.3% vs peers 3.1% (stronger than 93% of peers).

How risky is Toro?

Moderate risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Debt / equity 0.72× vs a peer median of 0.40× (weaker than 66% of peers).Debt / equity 0.72× vs peers 0.40× (weaker than 66% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

4.7B USD

4.8B USD

+2.0%

Net income (12 months)

339.8M USD

363.3M USD

+6.9%

Operating margin

9.4%

10.3%

+0.9 pts

Free cash flow (12 months)

759.1M USD

711.5M USD

−6.3%

Debt

1.0B USD

962.0M USD

−5.4%

Cash

180.4M USD

175.3M USD

−2.8%

Shares outstanding

95.2M

94.7M

−0.6%

Key ratios

FY Oct 2021

FY Oct 2022

FY Oct 2023

FY Oct 2024

FY Oct 2025

Change

Gross margin

33.8%

33.3%

34.6%

33.8%

33.4%

▼ 0.4 pts

Operating margin

13.1%

12.8%

9.5%

11.6%

9.1%

▼ 2.5 pts

Net margin

10.4%

9.8%

7.2%

9.1%

7.0%

▼ 2.1 pts

Return on assets (ROA)

14.0%

12.5%

9.0%

11.7%

9.2%

▼ 2.5 pts

Return on equity (ROE)

35.6%

32.8%

21.8%

27.0%

21.8%

▼ 5.2 pts

Free cash flow margin

11.4%

3.4%

3.5%

10.2%

12.8%

▲ 2.6 pts

Current ratio

1.59×

1.58×

1.90×

1.81×

1.87×

▲ 3.3%

Quick ratio

0.80×

0.59×

0.75×

0.74×

0.86×

▲ 16%

Debt to equity

0.60×

0.73×

0.68×

0.59×

0.63×

▲ 6.7%

Interest coverage

18.06×

16.13×

7.34×

8.62×

6.94×

▼ 19%