Toro Company TTC Interest Expense
Interest Expense at other companies
Other financials
Where this comes from
Reported directly by Toro Company in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.
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 interest expense?
- Toro Company (TTC) reported interest expense of $14.8M in Q1 2026.
- How has Toro Company's interest expense changed year-over-year?
- Toro Company's interest expense decreased by 6.3% year-over-year, from $15.8M to $14.8M.
- What is the long-term trend for Toro Company's interest expense?
- Over 4 years (2021 to 2025), Toro Company's interest expense has grown at a 19.8% compound annual growth rate (CAGR), from $28.7M to $59.1M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.
- How do you interpret interest expense?
- High interest expense relative to operating income may signal high financial leverage and increased risk of insolvency.
- How does interest expense compare across companies?
- Depends on the company's debt-to-equity ratio and prevailing interest rates; should be compared to peers with similar credit profiles.