What is Toro Company's professional — goodwill acquired?

Toro Company (TTC) reported professional — goodwill acquired of $500K in Q1 2026.

What does professional — goodwill acquired mean?

This tracks the specific amount of goodwill added to the Professional segment's balance sheet during a reporting period due to new business acquisitions. It reflects the segment's inorganic growth strategy and the premium paid for new market capabilities.

Toro Company TTC Professional — Goodwill acquired

Other segment segments

Residential

$0—

Similar metrics at other companies

HSICGlobal Specialty Products — Goodwill

$1.29B+18.1%

CHDSpecialty Products Division — Goodwill Acquired

$0—

ROP

ROPTechnology Enabled Products — Goodwill acquired

$0-100%

HSICGlobal Specialty Products — Goodwill Acquired

$31M+15.9%

CTSHFinancial Services — Goodwill, Acquired During Period

$0-100%

CLGoodwill

$3.11B-6.8%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$267.4M+55.7%

CapEx$16.5M-14.5%

Free cash flow$250.9M+64.6%

Valuation

See full

Market cap$8.82B+34.2%

Enterprise value$9.78B+28.7%

P/E26×+9.5×

P/S1.9×+0.4×

Profitability

See full

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:GoodwillAcquiredDuringPeriod.

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

Ask your AI about Toro Company's professional — goodwill acquired.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Toro Company's professional — goodwill acquired?: Toro Company (TTC) reported professional — goodwill acquired of $500K in Q1 2026.
What does professional — goodwill acquired mean?: This tracks the specific amount of goodwill added to the Professional segment's balance sheet during a reporting period due to new business acquisitions. It reflects the segment's inorganic growth strategy and the premium paid for new market capabilities.