Toro Company TTC Inventory LIFO Reserve
Inventory LIFO Reserve at other companies
Other financials
Where this comes from
Reported directly by Toro Company in its filing.
Tagged under the XBRL concept us-gaap:InventoryLIFOReserve.
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 inventory LIFO reserve?
- Toro Company (TTC) reported inventory LIFO reserve of $217.7M in Q1 2026.
- How has Toro Company's inventory LIFO reserve changed year-over-year?
- Toro Company's inventory LIFO reserve increased by 25.5% year-over-year, from $173.4M to $217.7M.
- What is the long-term trend for Toro Company's inventory LIFO reserve?
- Over 5 years (2020 to 2025), Toro Company's inventory LIFO reserve has grown at a 21.5% compound annual growth rate (CAGR), from $82.09M to $217.7M.
- What does inventory LIFO reserve mean?
- This is the difference between the cost of inventory calculated using the FIFO or average cost method and the cost calculated using the LIFO method. It is used to adjust the LIFO-based inventory value to a current cost basis for analytical purposes. Investors use this to normalize earnings and inventory values when comparing companies that use different inventory accounting methods.