Toro Company TTC Professional — Goodwill
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Where this comes from
Reported directly by Toro Company in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
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 professional — goodwill?
- Toro Company (TTC) reported professional — goodwill of $581M in Q1 2026.
- How has Toro Company's professional — goodwill changed year-over-year?
- Toro Company's professional — goodwill increased by 31.8% year-over-year, from $440.8M to $581M.
- What is the long-term trend for Toro Company's professional — goodwill?
- Over 4 years (2021 to 2025), Toro Company's professional — goodwill has grown at a 1.7% compound annual growth rate (CAGR), from $1.65B to $1.76B.
- What does professional — goodwill mean?
- This represents the intangible asset value recorded when the Professional segment acquires another business for a price exceeding the fair value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property within the professional turf and landscaping equipment market.