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Toro Company TTC Residential — Net Sales

Other segment segments

Professional
$1.11B+9.1%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Three Months Ended May 1, 2026ProfessionalResidentialOtherTotal
Net sales from external customers$1,084.6$310.4$29.7$1,424.7
Intersegment gross sales (eliminations)22.0(22.0)
Net sales1,106.6310.47.71,424.7
Cost of sales688.3243.89.9942.0
Selling, general and administrative expense195.536.355.9287.7
Other income, net1.61.63.2
Earnings (loss) before interest and taxes$224.4$30.3$(56.5)$198.2
Interest expense(14.8)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toro Company's residential — net sales?
Toro Company (TTC) reported residential — net sales of $310.4M in Q1 2026.
How has Toro Company's residential — net sales changed year-over-year?
Toro Company's residential — net sales increased by 4.4% year-over-year, from $297.4M to $310.4M.
What is the long-term trend for Toro Company's residential — net sales?
Over 4 years (2021 to 2025), Toro Company's residential — net sales has grown at a -4.0% compound annual growth rate (CAGR), from $1.01B to $858.4M.
What does residential — net sales mean?
The total revenue generated from the sale of residential-grade turf maintenance and landscaping equipment. This reflects the market demand for consumer-facing products such as walk-behind mowers and residential irrigation systems.

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