Toro Co Net Assets
Toro Co net assets. 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. Also explore net asset momentum of Toro Co to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Toro Co (1986–2025)
Net assets of Toro Co from 1986 to 2025. This chart illustrates how Toro Co's net assets have evolved over time, based on quarterly financial data. See Toro Co (TTC) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Toro Co (1986–2025)
The table below shows the annual net assets of Toro Co from 1986 to 2025. For live market cap and overall valuation, see market cap of Toro Co.
| 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.
Toro Co Net Assets Breakdown (October 2025)
Toro Co net assets breakdown by equity component as of 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 |
|---|---|
|
Chart Industries Inc
NYSE:GTLS
|
$9.32 Billion |
|
Empresas Copec S.A.
SN:COPEC
|
$9.33 Billion |
|
Masimo Corporation
NASDAQ:MASI
|
$9.34 Billion |
|
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia
SHE:002128
|
$9.34 Billion |
|
China Zheshang Bank Co Ltd
SHG:601916
|
$9.30 Billion |
|
ORIENT OVERSEAS INT.ADR/5
F:ORI
|
$9.30 Billion |
|
Shenzhen Transsion Holdings Co Ltd
SHG:688036
|
$9.29 Billion |
|
Qorvo Inc
NASDAQ:QRVO
|
$9.28 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: 7.41x
- 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 292.14x to 7.41x 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 | $107.96 | x |
| 1987-10-31 | $0.40 | $107.96 | x |
| 1988-10-31 | $0.47 | $107.96 | x |
| 1989-10-31 | $0.64 | $107.96 | x |
| 1990-10-31 | $0.89 | $107.96 | x |
| 1991-10-31 | $0.84 | $107.96 | x |
| 1992-10-31 | $0.69 | $107.96 | x |
| 1993-10-31 | $0.73 | $107.96 | x |
| 1994-10-31 | $0.81 | $107.96 | x |
| 1995-10-31 | $0.88 | $107.96 | x |
| 1996-10-31 | $1.06 | $107.96 | x |
| 1997-10-31 | $1.21 | $107.96 | x |
| 1998-10-31 | $1.25 | $107.96 | x |
| 1999-10-31 | $1.32 | $107.96 | x |
| 2000-10-31 | $1.52 | $107.96 | x |
| 2001-10-31 | $1.63 | $107.96 | x |
| 2002-10-31 | $1.76 | $107.96 | x |
| 2003-10-31 | $2.09 | $107.96 | x |
| 2004-10-31 | $1.95 | $107.96 | x |
| 2005-10-31 | $2.10 | $107.96 | x |
| 2006-10-31 | $2.21 | $107.96 | x |
| 2007-10-31 | $2.21 | $107.96 | x |
| 2008-10-31 | $2.36 | $107.96 | x |
| 2009-10-31 | $2.17 | $107.96 | x |
| 2010-10-31 | $2.06 | $107.96 | x |
| 2011-10-31 | $2.10 | $107.96 | x |
| 2012-10-31 | $2.58 | $107.96 | x |
| 2013-10-31 | $3.03 | $107.96 | x |
| 2014-10-31 | $3.55 | $107.96 | x |
| 2015-10-31 | $4.07 | $107.96 | x |
| 2016-10-31 | $4.91 | $107.96 | x |
| 2017-10-31 | $5.55 | $107.96 | x |
| 2018-10-31 | $6.16 | $107.96 | x |
| 2019-10-31 | $7.95 | $107.96 | x |
| 2020-10-31 | $10.26 | $107.96 | x |
| 2021-10-31 | $10.61 | $107.96 | x |
| 2022-10-31 | $12.79 | $107.96 | x |
| 2023-10-31 | $14.35 | $107.96 | x |
| 2024-10-31 | $14.86 | $107.96 | x |
| 2025-10-31 | $14.56 | $107.96 | 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: $791,589,848
- Average return on equity (ROE) among peers: -1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toro Co (TTC) | $1.42 Billion | 24.56% | 1.61x | $9.31 Billion |
| Chicago Rivet & Machine Co (CVR) | $22.00 Million | 15.45% | 0.45x | $8.74 Million |
| Eastern Co (EML) | $124.65 Million | 4.10% | 0.74x | $133.89 Million |
| Hillman Solutions Corp (HLMN) | $1.15 Million | -2.83% | 1.23x | $1.48 Billion |
| Kennametal Inc (KMT) | $740.46 Million | 2.45% | 1.40x | $2.22 Billion |
| Lincoln Electric Holdings Inc (LECO) | $429.15 Million | 6.82% | 1.10x | $14.12 Billion |
| RBC Bearings Incorporated (RBC) | $620.95 Million | 10.29% | 0.77x | $14.63 Billion |
| Snap-On Inc (SNA) | $4.20 Billion | 19.52% | 0.61x | $18.40 Billion |
| Stanley Black & Decker Inc (SWK) | $735.40 Million | 20.40% | 1.57x | $15.62 Billion |
| Toughbuilt Industries Inc (TBLT) | $19.35 Million | -89.68% | 0.42x | $47.70K |
| Timken Company (TKR) | $1.02 Billion | -3.50% | 0.73x | $7.71 Billion |
About 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