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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$9.42B+28.4%
Enterprise value$10.38B+25.4%
P/E27.7×+5.7×
P/S+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

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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:InventoryNet.

The source filing: Toro Company’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 12:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000737758-26-000018
Line itemMay 1, 2026May 2, 2025October 31, 2025
ASSETS
Cash and cash equivalents$180.4$176.5$341.0
Receivables, net575.1602.5378.2
Inventories, net923.41,119.8920.8
Prepaid expenses and other current assets81.380.165.1
Total current assets1,760.21,978.91,705.1
Property, plant, and equipment, net623.0635.8615.8
Goodwill591.0450.8450.9

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toro Company's inventories?
Toro Company (TTC) reported inventories of $923.4M in Q1 2026.
How has Toro Company's inventories changed year-over-year?
Toro Company's inventories decreased by 17.5% year-over-year, from $1.12B to $923.4M.
What is the long-term trend for Toro Company's inventories?
Over 5 years (2020 to 2025), Toro Company's inventories has grown at a 7.1% compound annual growth rate (CAGR), from $652.43M to $920.8M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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