What is Toro Company's income tax?

Toro Company (TTC) reported income tax of $38M in Q1 2026.

How has Toro Company's income tax changed year-over-year?

Toro Company's income tax increased by 19.1% year-over-year, from $31.9M to $38M.

What is the long-term trend for Toro Company's income tax?

Over 4 years (2021 to 2025), Toro Company's income tax has grown at a -9.1% compound annual growth rate (CAGR), from $89.9M to $61.5M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Toro Company TTC Income Tax

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Other financials

Income statement

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Revenue$1.4B+8.1%

Gross profit$482.7M+10.5%

Operating income$195.0M+11.6%

Net income$145.4M+6.3%

EPS (diluted)$1.50+9.5%

Balance sheet

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Cash & equivalents$180.4M+2.2%

Total debt$1.1B-6.2%

Total equity$1.4B-7.3%

Total assets$3.7B-2.2%

Cash flow

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Operating cash flow$267.4M+55.7%

CapEx$16.5M-14.5%

Free cash flow$250.9M+64.6%

Valuation

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Market cap$8.82B+34.2%

Enterprise value$9.78B+28.7%

P/E26×+9.5×

P/S1.9×+0.4×

Profitability

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Gross margin33.3%-0.2pp

Operating margin9.4%-1.8pp

Net margin7.3%-1.5pp

FCF margin16.3%+6.3pp

Returns & leverage

See full

Return on equity23.9%-1.6pp

Debt / equity0.8×0.0×

Current ratio1.6×-0.3×

Where this comes from

Reported directly by Toro Company in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Toro Company’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Toro Company's income tax?: Toro Company (TTC) reported income tax of $38M in Q1 2026.
How has Toro Company's income tax changed year-over-year?: Toro Company's income tax increased by 19.1% year-over-year, from $31.9M to $38M.
What is the long-term trend for Toro Company's income tax?: Over 4 years (2021 to 2025), Toro Company's income tax has grown at a -9.1% compound annual growth rate (CAGR), from $89.9M to $61.5M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.