Toro Company Investor Relations and Financial Insights

The Toro Company has a strong track record of investor relations and financial performance. Founded in 1914, the company has been a leader in the outdoor power equipment industry for over 100 years.

Toro's financial performance has been consistently strong, with a revenue growth rate of 5-7% over the past decade. This growth has been driven by the company's focus on innovation and customer satisfaction.

The company's commitment to research and development has resulted in the launch of new products and technologies that have helped drive growth. In 2020, Toro launched its new line of zero-turn mowers, which have been well-received by customers.

Toro's focus on customer satisfaction has also led to a strong reputation for the company. With a customer satisfaction rating of 90% or higher, Toro has established itself as a trusted brand in the outdoor power equipment industry.

Toro Company's financials are a reflection of its stability and growth. The company has consistently reported strong financial performance, with net sales increasing from $2.2 billion in 2015 to $2.4 billion in 2020.

Toro's gross margin has remained steady, averaging around 35% over the past five years. This indicates a strong pricing power and ability to maintain profitability.

The company's cash flow from operations has also been robust, averaging around $250 million annually. This has enabled Toro to invest in research and development, expand its product offerings, and return value to shareholders through dividends and share repurchases.

To acquire a business, you'll need to consider its financials, specifically its revenue and profitability.

The average revenue for a small business in the US is around $1 million per year.

Cash flow is also a crucial aspect to consider, as it can make or break a business.

A business with a positive cash flow of $200,000 per year is generally considered stable.

The financials of a business can also indicate its growth potential.

For instance, a business that has increased its revenue by 20% over the past two years is likely to continue growing.

However, it's essential to look beyond the surface level and analyze the business's financial statements.

A thorough review of the income statement, balance sheet, and cash flow statement can reveal underlying issues.

The Toro Company has a long history of consistently paying out dividends to its shareholders. This commitment to returning value to its investors is demonstrated through its regular quarterly cash dividend payments.

The company's Board of Directors has authorized a new share repurchase program for up to 4 million shares of common stock, which can be executed through open-market or private transactions. This move is a sign of the company's confidence in its financial position and its ability to reward shareholders.

In terms of the dividend payments themselves, The Toro Company has a record of increasing its quarterly cash dividend over time. For example, in 2025, the company increased its quarterly cash dividend by 5.6% to $0.38 per share, marking its 16th consecutive year of dividend increases.

Here are the key details of The Toro Company's dividend payments:

The Toro Company's commitment to paying out dividends on a regular basis is a sign of its financial stability and its confidence in its ability to generate returns for its shareholders.

NYSE:TTC has a market capitalization of $7.8 billion.

TTC operates a large network of public transit systems in the Greater Toronto Area, making it a significant player in the Canadian transportation industry.

With a strong presence in the market, TTC has established itself as a reliable and efficient transportation provider.

The company's market capitalization of $7.8 billion reflects its size and influence in the industry.

The Toro Company has seen significant growth in its sales over the years, with total sales increasing from $2.57 billion in 2020 to $3.46 billion in 2022.

Breaking down the sales by activity, we can see that the Professional segment has been the largest contributor, with sales increasing from $2.57 billion in 2020 to $3.72 billion in 2023.

In contrast, the Residential segment has seen some fluctuations, with sales decreasing from $1.07 billion in 2022 to $854 million in 2023.

Here's a breakdown of the sales by activity for the Toro Company:

The company's sales have also been geographically diversified, with the United States being the largest market, accounting for $3.64 billion in sales in 2022.

The Toro Company is expanding its headquarters in Bloomington, Minnesota, a move that's all about investing in innovation. This $25 million expansion is a significant step forward for the company, which has called Bloomington home for over 50 years.

Toro is breaking ground on a 75,000-square foot addition, which is scheduled for completion in the summer of 2014. This new space will enable the company to expand its product development and test capacities.

By investing in its Bloomington facility, Toro is demonstrating its commitment to innovation and customer satisfaction. The company's chairman and CEO, Michael J. Hoffman, said that this expansion will help Toro meet the needs of its customers and support future growth.

The construction effort is being led by Minneapolis-based Ryan Companies US, Inc., and LEO A DALY LLP is the architect on the project.

The Toro Company's sales have a significant geographical component.

In the United States, the company's sales have been steadily increasing, reaching $3.64 billion in 2022.

International sales have also been growing, reaching $879 million in 2022.

Here's a breakdown of the company's sales by geographical region:

Macroeconomic concerns have had a significant impact on the company's results, with shares down 12% for the week as of 1:30 PM. This is a stark contrast to the company's previous quarter, where it beat expectations and provided signs that its end markets are stabilizing.

The company's sales range from mowers and turf maintenance equipment to irrigation solutions, which are in high demand due to the importance of sustainability in land management. This diversified product range has helped the company navigate through a tough period.

Toro's latest quarter fell short of expectations, but the company is expected to continue its efforts to stabilize its end markets. The company's investor relations team is working hard to communicate the company's progress to investors and stakeholders.