
Toro Co
NYSE:TTC

Income Statement
Earnings Waterfall
Toro Co
Revenue
|
4.6B
USD
|
Cost of Revenue
|
-3B
USD
|
Gross Profit
|
1.5B
USD
|
Operating Expenses
|
-1B
USD
|
Operating Income
|
522.5m
USD
|
Other Expenses
|
-115.7m
USD
|
Net Income
|
406.8m
USD
|
Income Statement
Toro Co
Jan-2015 | May-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Feb-2017 | May-2017 | Aug-2017 | Oct-2017 | Feb-2018 | May-2018 | Aug-2018 | Oct-2018 | Feb-2019 | May-2019 | Aug-2019 | Oct-2019 | Jan-2020 | May-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Feb-2023 | May-2023 | Aug-2023 | Oct-2023 | Feb-2024 | May-2024 | Aug-2024 | Oct-2024 | Jan-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 201
N/A
|
2 282
+4%
|
2 324
+2%
|
2 391
+3%
|
2 403
+1%
|
2 413
+0%
|
2 405
0%
|
2 392
-1%
|
2 422
+1%
|
2 458
+2%
|
2 485
+1%
|
2 505
+1%
|
2 538
+1%
|
2 540
+0%
|
2 568
+1%
|
2 619
+2%
|
2 673
+2%
|
2 760
+3%
|
2 943
+7%
|
3 138
+7%
|
3 303
+5%
|
3 270
-1%
|
3 272
+0%
|
3 379
+3%
|
3 484
+3%
|
3 704
+6%
|
3 840
+4%
|
3 960
+3%
|
4 019
+2%
|
4 120
+2%
|
4 303
+4%
|
4 515
+5%
|
4 731
+5%
|
4 821
+2%
|
4 742
-2%
|
4 553
-4%
|
4 406
-3%
|
4 416
+0%
|
4 491
+2%
|
4 584
+2%
|
4 577
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 422)
|
(1 486)
|
(1 514)
|
(1 555)
|
(1 553)
|
(1 542)
|
(1 534)
|
(1 518)
|
(1 536)
|
(1 560)
|
(1 576)
|
(1 584)
|
(1 606)
|
(1 601)
|
(1 622)
|
(1 678)
|
(1 721)
|
(1 810)
|
(1 961)
|
(2 090)
|
(2 182)
|
(2 164)
|
(2 138)
|
(2 189)
|
(2 268)
|
(2 391)
|
(2 490)
|
(2 621)
|
(2 695)
|
(2 793)
|
(2 908)
|
(3 010)
|
(3 131)
|
(3 146)
|
(3 095)
|
(2 976)
|
(2 880)
|
(2 916)
|
(2 961)
|
(3 035)
|
(3 037)
|
|
Gross Profit |
779
N/A
|
796
+2%
|
811
+2%
|
836
+3%
|
850
+2%
|
871
+2%
|
871
+0%
|
875
+0%
|
885
+1%
|
899
+1%
|
909
+1%
|
921
+1%
|
932
+1%
|
939
+1%
|
946
+1%
|
941
-1%
|
953
+1%
|
950
0%
|
982
+3%
|
1 048
+7%
|
1 121
+7%
|
1 106
-1%
|
1 135
+3%
|
1 190
+5%
|
1 217
+2%
|
1 313
+8%
|
1 349
+3%
|
1 338
-1%
|
1 324
-1%
|
1 326
+0%
|
1 395
+5%
|
1 505
+8%
|
1 600
+6%
|
1 674
+5%
|
1 647
-2%
|
1 578
-4%
|
1 526
-3%
|
1 499
-2%
|
1 530
+2%
|
1 549
+1%
|
1 540
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(512)
|
(522)
|
(529)
|
(537)
|
(541)
|
(546)
|
(543)
|
(540)
|
(544)
|
(553)
|
(558)
|
(566)
|
(570)
|
(567)
|
(569)
|
(568)
|
(576)
|
(606)
|
(657)
|
(723)
|
(775)
|
(772)
|
(758)
|
(764)
|
(740)
|
(781)
|
(806)
|
(832)
|
(850)
|
(868)
|
(896)
|
(929)
|
(980)
|
(1 006)
|
(1 009)
|
(996)
|
(1 143)
|
(1 148)
|
(1 011)
|
(1 016)
|
(1 018)
|
|
Selling, General & Administrative |
(512)
|
(522)
|
(529)
|
(537)
|
(541)
|
(546)
|
(543)
|
(540)
|
(544)
|
(553)
|
(558)
|
(566)
|
(570)
|
(567)
|
(569)
|
(568)
|
(576)
|
(606)
|
(657)
|
(723)
|
(774)
|
(772)
|
(758)
|
(763)
|
(740)
|
(781)
|
(806)
|
(691)
|
(850)
|
(862)
|
(896)
|
(773)
|
(980)
|
(1 006)
|
(1 009)
|
(822)
|
(992)
|
(996)
|
(1 011)
|
(843)
|
(1 018)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(141)
|
0
|
0
|
0
|
(156)
|
0
|
0
|
0
|
(174)
|
0
|
0
|
0
|
(173)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
(151)
|
(151)
|
0
|
0
|
0
|
|
Operating Income |
267
N/A
|
275
+3%
|
282
+3%
|
299
+6%
|
309
+3%
|
325
+5%
|
328
+1%
|
334
+2%
|
341
+2%
|
345
+1%
|
351
+2%
|
355
+1%
|
362
+2%
|
373
+3%
|
378
+1%
|
373
-1%
|
376
+1%
|
344
-9%
|
325
-6%
|
325
+0%
|
346
+6%
|
334
-3%
|
376
+13%
|
426
+13%
|
477
+12%
|
532
+12%
|
543
+2%
|
507
-7%
|
474
-6%
|
458
-3%
|
499
+9%
|
576
+15%
|
620
+8%
|
669
+8%
|
638
-5%
|
582
-9%
|
383
-34%
|
352
-8%
|
519
+48%
|
533
+3%
|
523
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(2)
|
(8)
|
(10)
|
(17)
|
(23)
|
(19)
|
(7)
|
(19)
|
(17)
|
(22)
|
(6)
|
(26)
|
(24)
|
(18)
|
(1)
|
(15)
|
(17)
|
(24)
|
(15)
|
(33)
|
(35)
|
(34)
|
(22)
|
(31)
|
(31)
|
(30)
|
(29)
|
(28)
|
(29)
|
(31)
|
(36)
|
(43)
|
(50)
|
(55)
|
(59)
|
(61)
|
(63)
|
(62)
|
(62)
|
(61)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
11
|
(6)
|
0
|
0
|
0
|
0
|
0
|
(151)
|
(151)
|
0
|
0
|
(0)
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
(6)
|
(1)
|
2
|
11
|
18
|
16
|
2
|
14
|
12
|
19
|
4
|
25
|
23
|
16
|
1
|
15
|
17
|
21
|
14
|
25
|
24
|
20
|
3
|
11
|
12
|
11
|
10
|
11
|
10
|
10
|
13
|
19
|
23
|
26
|
29
|
27
|
29
|
34
|
41
|
37
|
|
Pre-Tax Income |
260
N/A
|
267
+3%
|
274
+3%
|
291
+6%
|
303
+4%
|
321
+6%
|
324
+1%
|
331
+2%
|
336
+2%
|
340
+1%
|
348
+2%
|
353
+1%
|
360
+2%
|
371
+3%
|
376
+1%
|
372
-1%
|
376
+1%
|
344
-9%
|
322
-6%
|
322
+0%
|
338
+5%
|
322
-5%
|
362
+12%
|
407
+12%
|
457
+12%
|
513
+12%
|
519
+1%
|
500
-4%
|
451
-10%
|
439
-3%
|
479
+9%
|
553
+15%
|
597
+8%
|
642
+8%
|
457
-29%
|
401
-12%
|
349
-13%
|
318
-9%
|
490
+54%
|
513
+5%
|
499
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(81)
|
(81)
|
(85)
|
(89)
|
(93)
|
(99)
|
(100)
|
(100)
|
(100)
|
(89)
|
(84)
|
(86)
|
(82)
|
(82)
|
(77)
|
(68)
|
(68)
|
(51)
|
(48)
|
(49)
|
(55)
|
(56)
|
(66)
|
(77)
|
(86)
|
(98)
|
(97)
|
(90)
|
(83)
|
(82)
|
(93)
|
(109)
|
(116)
|
(125)
|
(80)
|
(71)
|
(62)
|
(53)
|
(91)
|
(94)
|
(92)
|
|
Income from Continuing Operations |
179
|
186
|
189
|
202
|
210
|
222
|
224
|
231
|
237
|
252
|
264
|
268
|
278
|
289
|
299
|
305
|
308
|
293
|
274
|
273
|
284
|
266
|
296
|
330
|
371
|
415
|
422
|
410
|
368
|
357
|
386
|
443
|
481
|
517
|
377
|
330
|
288
|
265
|
399
|
419
|
407
|
|
Net Income (Common) |
179
N/A
|
186
+4%
|
189
+2%
|
202
+7%
|
210
+4%
|
222
+6%
|
224
+1%
|
231
+3%
|
237
+2%
|
252
+6%
|
264
+5%
|
268
+1%
|
245
-8%
|
256
+4%
|
267
+4%
|
272
+2%
|
309
+14%
|
293
-5%
|
275
-6%
|
274
0%
|
285
+4%
|
267
-6%
|
296
+11%
|
330
+11%
|
371
+12%
|
415
+12%
|
422
+2%
|
410
-3%
|
368
-10%
|
357
-3%
|
386
+8%
|
443
+15%
|
481
+8%
|
517
+8%
|
377
-27%
|
330
-13%
|
288
-13%
|
265
-8%
|
399
+51%
|
419
+5%
|
407
-3%
|
|
EPS (Diluted) |
1.57
N/A
|
1.64
+4%
|
1.66
+1%
|
1.78
+7%
|
1.85
+4%
|
1.97
+6%
|
2
+2%
|
2.06
+3%
|
2.12
+3%
|
2.26
+7%
|
2.37
+5%
|
2.41
+2%
|
2.23
-7%
|
2.35
+5%
|
2.46
+5%
|
2.5
+2%
|
2.85
+14%
|
2.71
-5%
|
2.53
-7%
|
2.53
N/A
|
2.62
+4%
|
2.46
-6%
|
2.73
+11%
|
3.03
+11%
|
3.41
+13%
|
3.81
+12%
|
3.87
+2%
|
3.78
-2%
|
3.47
-8%
|
3.37
-3%
|
3.64
+8%
|
4.2
+15%
|
4.56
+9%
|
4.9
+7%
|
3.61
-26%
|
3.13
-13%
|
2.73
-13%
|
2.53
-7%
|
3.81
+51%
|
4.01
+5%
|
4
0%
|