Toro Co
The Toro Company provides professional turf maintenance equipment and services. It operates through Professional and Residential segments. It offers riding and walking mowers, greens rollers, all-wheel drive articulating tractors, turf sprayer, utility vehicles, aeration, bunker maintenance, and other turf equipment; sprinkler heads, controllers, turf sensors, valves, and operating software; and … Read more
Toro Co (TTC) - Net Assets
Latest net assets as of January 2026: $1.42 Billion USD
Based on the latest financial reports, Toro Co (TTC) has net assets worth $1.42 Billion USD as of January 2026.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.70 Billion) and total liabilities ($2.28 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.42 Billion |
| % of Total Assets | 38.33% |
| Annual Growth Rate | 8.38% |
| 5-Year Change | 26.25% |
| 10-Year Change | 162.81% |
| Growth Volatility | 12.63 |
Toro Co - Net Assets Trend (1986–2025)
This chart illustrates how Toro Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Toro Co (1986–2025)
The table below shows the annual net assets of Toro Co from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $1.45 Billion | -6.35% |
| 2024-10-31 | $1.55 Billion | +2.71% |
| 2023-10-31 | $1.51 Billion | +11.78% |
| 2022-10-31 | $1.35 Billion | +17.42% |
| 2021-10-31 | $1.15 Billion | +3.26% |
| 2020-10-31 | $1.11 Billion | +29.69% |
| 2019-10-31 | $859.58 Million | +28.50% |
| 2018-10-31 | $668.92 Million | +8.40% |
| 2017-10-31 | $617.09 Million | +11.59% |
| 2016-10-31 | $552.98 Million | +19.65% |
| 2015-10-31 | $462.17 Million | +13.07% |
| 2014-10-31 | $408.73 Million | +13.93% |
| 2013-10-31 | $358.74 Million | +14.83% |
| 2012-10-31 | $312.40 Million | +17.11% |
| 2011-10-31 | $266.77 Million | -3.57% |
| 2010-10-31 | $276.65 Million | -12.23% |
| 2009-10-31 | $315.21 Million | -13.56% |
| 2008-10-31 | $364.68 Million | -1.56% |
| 2007-10-31 | $370.44 Million | -5.51% |
| 2006-10-31 | $392.03 Million | +0.51% |
| 2005-10-31 | $390.03 Million | -1.41% |
| 2004-10-31 | $395.61 Million | -9.51% |
| 2003-10-31 | $437.20 Million | +19.69% |
| 2002-10-31 | $365.29 Million | +7.00% |
| 2001-10-31 | $341.39 Million | +7.62% |
| 2000-10-31 | $317.22 Million | +13.41% |
| 1999-10-31 | $279.70 Million | +6.19% |
| 1998-10-31 | $263.40 Million | +9.20% |
| 1997-10-31 | $241.20 Million | +12.92% |
| 1996-10-31 | $213.60 Million | +15.15% |
| 1995-10-31 | $185.50 Million | +9.96% |
| 1994-10-31 | $168.70 Million | +16.67% |
| 1993-10-31 | $144.60 Million | +9.05% |
| 1992-10-31 | $132.60 Million | -17.43% |
| 1991-10-31 | $160.60 Million | +5.24% |
| 1990-10-31 | $152.60 Million | +47.44% |
| 1989-10-31 | $103.50 Million | +26.22% |
| 1988-10-31 | $82.00 Million | +13.89% |
| 1987-10-31 | $72.00 Million | +14.10% |
| 1986-10-31 | $63.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Toro Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2217.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.39 Billion | 95.68% |
| Common Stock | $97.90 Million | 6.74% |
| Other Comprehensive Income | $-35.10 Million | -2.42% |
| Total Equity | $1.45 Billion | 100.00% |
Toro Co Competitors by Market Cap
The table below lists competitors of Toro Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Industrivarden AB ser. C
OTCGREY:IDDTF
|
$9.15 Billion |
|
Guangzhou Automobile Group Co., Ltd.
PINK:GNZUY
|
$9.16 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
$9.18 Billion |
|
Booz Allen Hamilton Holding Corp.
LSE:0HOT
|
$9.18 Billion |
|
Unicharm Corporation
PINK:UNCHF
|
$9.14 Billion |
|
Booz Allen Hamilton Holding
NYSE:BAH
|
$9.14 Billion |
|
American Homes 4 Rent
NYSE:AMH
|
$9.13 Billion |
|
Continental Aktiengesellschaft
PINK:CTTAF
|
$9.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toro Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,551,900,000 to 1,453,300,000, a change of -98,600,000 (-6.4%).
- Net income of 316,100,000 contributed positively to equity growth.
- Dividend payments of 151,100,000 reduced retained earnings.
- Share repurchases of 290,000,000 reduced equity.
- Other comprehensive income increased equity by 10,900,000.
- Other factors increased equity by 15,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $316.10 Million | +21.75% |
| Dividends Paid | $151.10 Million | -10.4% |
| Share Repurchases | $290.00 Million | -19.95% |
| Other Comprehensive Income | $10.90 Million | +0.75% |
| Other Changes | $15.50 Million | +1.07% |
| Total Change | $- | -6.35% |
Book Value vs Market Value Analysis
This analysis compares Toro Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 256.82x to 6.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-10-31 | $0.37 | $94.91 | x |
| 1987-10-31 | $0.40 | $94.91 | x |
| 1988-10-31 | $0.47 | $94.91 | x |
| 1989-10-31 | $0.64 | $94.91 | x |
| 1990-10-31 | $0.89 | $94.91 | x |
| 1991-10-31 | $0.84 | $94.91 | x |
| 1992-10-31 | $0.69 | $94.91 | x |
| 1993-10-31 | $0.73 | $94.91 | x |
| 1994-10-31 | $0.81 | $94.91 | x |
| 1995-10-31 | $0.88 | $94.91 | x |
| 1996-10-31 | $1.06 | $94.91 | x |
| 1997-10-31 | $1.21 | $94.91 | x |
| 1998-10-31 | $1.25 | $94.91 | x |
| 1999-10-31 | $1.32 | $94.91 | x |
| 2000-10-31 | $1.52 | $94.91 | x |
| 2001-10-31 | $1.63 | $94.91 | x |
| 2002-10-31 | $1.76 | $94.91 | x |
| 2003-10-31 | $2.09 | $94.91 | x |
| 2004-10-31 | $1.95 | $94.91 | x |
| 2005-10-31 | $2.10 | $94.91 | x |
| 2006-10-31 | $2.21 | $94.91 | x |
| 2007-10-31 | $2.21 | $94.91 | x |
| 2008-10-31 | $2.36 | $94.91 | x |
| 2009-10-31 | $2.17 | $94.91 | x |
| 2010-10-31 | $2.06 | $94.91 | x |
| 2011-10-31 | $2.10 | $94.91 | x |
| 2012-10-31 | $2.58 | $94.91 | x |
| 2013-10-31 | $3.03 | $94.91 | x |
| 2014-10-31 | $3.55 | $94.91 | x |
| 2015-10-31 | $4.07 | $94.91 | x |
| 2016-10-31 | $4.91 | $94.91 | x |
| 2017-10-31 | $5.55 | $94.91 | x |
| 2018-10-31 | $6.16 | $94.91 | x |
| 2019-10-31 | $7.95 | $94.91 | x |
| 2020-10-31 | $10.26 | $94.91 | x |
| 2021-10-31 | $10.61 | $94.91 | x |
| 2022-10-31 | $12.79 | $94.91 | x |
| 2023-10-31 | $14.35 | $94.91 | x |
| 2024-10-31 | $14.86 | $94.91 | x |
| 2025-10-31 | $14.56 | $94.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toro Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.01%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 2.37x
- Recent ROE (21.75%) is below the historical average (24.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 24.56% | 3.81% | 2.32x | 2.78x | $9.19 Million |
| 1987 | 23.61% | 3.26% | 2.15x | 3.36x | $9.80 Million |
| 1988 | 24.39% | 3.28% | 2.27x | 3.27x | $11.80 Million |
| 1989 | 21.35% | 3.43% | 1.97x | 3.15x | $11.75 Million |
| 1990 | 10.88% | 2.21% | 1.77x | 2.78x | $1.34 Million |
| 1991 | 6.04% | 1.36% | 1.71x | 2.59x | $-6.36 Million |
| 1992 | -17.95% | -3.75% | 1.51x | 3.18x | $-37.06 Million |
| 1993 | 8.99% | 1.90% | 1.63x | 2.90x | $-1.46 Million |
| 1994 | 13.16% | 2.79% | 1.79x | 2.63x | $5.33 Million |
| 1995 | 19.78% | 3.93% | 1.99x | 2.52x | $18.15 Million |
| 1996 | 17.04% | 3.91% | 1.87x | 2.33x | $15.04 Million |
| 1997 | 14.43% | 3.31% | 1.59x | 2.74x | $10.68 Million |
| 1998 | 1.56% | 0.37% | 1.53x | 2.75x | $-22.24 Million |
| 1999 | 12.55% | 2.74% | 1.63x | 2.81x | $7.13 Million |
| 2000 | 14.28% | 3.38% | 1.72x | 2.46x | $13.56 Million |
| 2001 | 14.78% | 3.73% | 1.62x | 2.45x | $16.31 Million |
| 2002 | 9.67% | 2.52% | 1.65x | 2.32x | $-1.21 Million |
| 2003 | 18.67% | 5.45% | 1.61x | 2.12x | $37.90 Million |
| 2004 | 25.95% | 6.21% | 1.78x | 2.35x | $63.10 Million |
| 2005 | 29.25% | 6.34% | 1.96x | 2.35x | $75.08 Million |
| 2006 | 32.94% | 7.03% | 1.99x | 2.35x | $89.94 Million |
| 2007 | 38.45% | 7.59% | 1.97x | 2.57x | $105.39 Million |
| 2008 | 32.81% | 6.37% | 2.01x | 2.56x | $83.18 Million |
| 2009 | 19.93% | 4.12% | 1.75x | 2.77x | $31.32 Million |
| 2010 | 33.80% | 5.52% | 1.91x | 3.21x | $65.66 Million |
| 2011 | 44.11% | 6.25% | 2.16x | 3.26x | $90.98 Million |
| 2012 | 41.47% | 6.61% | 2.09x | 2.99x | $98.30 Million |
| 2013 | 43.16% | 7.59% | 2.04x | 2.80x | $118.97 Million |
| 2014 | 42.54% | 8.00% | 1.82x | 2.92x | $133.00 Million |
| 2015 | 43.62% | 8.43% | 1.83x | 2.82x | $155.37 Million |
| 2016 | 42.00% | 9.66% | 1.72x | 2.52x | $175.99 Million |
| 2017 | 43.38% | 10.69% | 1.68x | 2.42x | $206.01 Million |
| 2018 | 40.65% | 10.38% | 1.67x | 2.35x | $205.05 Million |
| 2019 | 31.87% | 8.73% | 1.35x | 2.71x | $188.03 Million |
| 2020 | 29.57% | 9.76% | 1.18x | 2.56x | $218.22 Million |
| 2021 | 35.61% | 10.35% | 1.35x | 2.55x | $294.79 Million |
| 2022 | 32.80% | 9.82% | 1.27x | 2.63x | $308.13 Million |
| 2023 | 21.82% | 7.24% | 1.25x | 2.41x | $178.61 Million |
| 2024 | 26.99% | 9.14% | 1.28x | 2.31x | $263.71 Million |
| 2025 | 21.75% | 7.01% | 1.31x | 2.37x | $170.77 Million |
Industry Comparison
This section compares Toro Co's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $33,072,796,105
- Average return on equity (ROE) among peers: 8.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toro Co (TTC) | $1.42 Billion | 24.56% | 1.61x | $9.15 Billion |
| Chervon Holdings Limited (CHRHF) | $1.04 Billion | 10.85% | 0.92x | $251.40 Million |
| Chicago Rivet & Machine Co (CVR) | $24.82 Million | 6.14% | 0.18x | $8.74 Million |
| Eastern Co (EML) | $70.04 Million | 7.91% | 0.46x | $98.45 Million |
| Federal Screw Works (FSCR) | $24.50 Million | 8.16% | 0.92x | $65.95K |
| Hillman Solutions Corp (HLMN) | $439.11 Million | -13.36% | 4.54x | $1.59 Billion |
| Husqvarna AB (HSQVY) | $17.28 Billion | 14.62% | 1.43x | $2.92 Billion |
| Husqvarna AB (publ) (HUQVF) | $11.39 Billion | 8.02% | 1.35x | $2.36 Billion |
| Kennametal Inc (KMT) | $451.40 Million | 15.44% | 0.77x | $2.81 Billion |
| Lincoln Electric Holdings Inc (LECO) | $335.40 Million | 18.34% | 0.84x | $14.00 Billion |
| Makita Corp (MKTAY) | $299.67 Billion | 7.43% | 0.17x | $6.48 Billion |