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Toro Company TTC Impairment Charges
Discontinued — last reported Q3 '25
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Where this comes from
Reported directly by Toro Company in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: Toro Company’s 10-K, filed December 17, 2025.
- Filed
- Dec 17, 2025
- Fiscal year
- FY2025
- Accession
- 0000737758-25-000115
| Fiscal Years Ended October 31 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cost of sales | 3,005.6 | 3,034.5 | 2,975.6 |
| Gross profit | 1,504.8 | 1,549.3 | 1,577.6 |
| Selling, general and administrative expense | 1,013.8 | 1,016.0 | 995.6 |
| Non-cash impairment charges | 81.1 | — | 151.3 |
| Operating earnings | 409.9 | 533.3 | 430.7 |
| Interest expense | (59.1) | (61.9) | (58.7) |
| Other income, net | 26.8 | 41.4 | 28.5 |
| Earnings before income taxes | 377.6 | 512.8 | 400.5 |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Toro Company's impairment charges?
- Toro Company (TTC) reported impairment charges of $81.1M in Q2 2025.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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