Toro Co (TTC) — Tangible Net Worth Ratio

Latest as of January 2026: 68.6%

Toro Co (TTC) has a Tangible Net Worth Ratio of 68.6% as of January 2026. This metric is calculated by deducting intangible assets ($445.70 Million) from net assets ($1.42 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Toro Co to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

68.6%
Tangible equity / total equity

Net Assets (Equity)

$1.42 Billion
USD

Intangible Assets

$445.70 Million
Goodwill, patents, brand value

Total Assets

$3.70 Billion
USD

Toro Co Tangible Net Worth Ratio (1986–2025)

This chart shows how Toro Co's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of January 2026, the ratio stands at 68.6%, reflecting net assets of $1.42 Billion with intangible assets of $445.70 Million USD. See TTC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Toro Co (1986–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Toro Co from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see TTC company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 73.1% $1.45 Billion $390.30 Million $3.44 Billion ▲ +5.3 pp
2024 67.9% $1.55 Billion $498.70 Million $3.58 Billion ▲ +3.6 pp
2023 64.3% $1.51 Billion $540.10 Million $3.64 Billion ▲ +7.6 pp
2022 56.7% $1.35 Billion $585.83 Million $3.56 Billion ▼ -6.9 pp
2021 63.5% $1.15 Billion $420.04 Million $2.94 Billion ▲ +0.1 pp
2020 63.4% $1.11 Billion $408.31 Million $2.85 Billion ▲ +4.4 pp
2019 59.0% $859.58 Million $352.37 Million $2.33 Billion ▼ -25.2 pp
2018 84.2% $668.92 Million $105.65 Million $1.57 Billion ▲ +1.0 pp
2017 83.2% $617.09 Million $103.74 Million $1.49 Billion ▲ +2.7 pp
2016 80.5% $552.98 Million $108.09 Million $1.39 Billion ▲ +6.2 pp
2015 74.2% $462.17 Million $119.01 Million $1.30 Billion ▼ -19.9 pp
2014 94.2% $408.73 Million $23.83 Million $1.19 Billion ▲ +2.1 pp
2013 92.1% $358.74 Million $28.31 Million $1.00 Billion ▲ +2.4 pp
2012 89.7% $312.40 Million $32.06 Million $935.20 Million ▲ +3.1 pp
2011 86.7% $266.77 Million $35.55 Million $870.66 Million ▼ -5.0 pp
2010 91.7% $276.65 Million $22.96 Million $885.62 Million ▼ -0.9 pp
2009 92.6% $315.21 Million $23.32 Million $872.68 Million ▼ -2.2 pp
2008 94.8% $364.68 Million $18.83 Million $932.26 Million ▼ -1.2 pp
2007 96.0% $370.44 Million $14.68 Million $950.84 Million ▼ -2.6 pp
2006 98.7% $392.03 Million $5.22 Million $921.98 Million ▲ +0.0 pp
2005 98.6% $390.03 Million $5.27 Million $916.74 Million ▼ -0.8 pp
2004 99.4% $395.61 Million $2.20 Million $928.75 Million ▲ +17.9 pp
2003 81.5% $437.20 Million $80.87 Million $927.43 Million ▲ +3.3 pp
2002 78.2% $365.29 Million $79.76 Million $846.14 Million ▲ +9.7 pp
2001 68.5% $341.39 Million $107.53 Million $835.67 Million ▲ +8.4 pp
2000 60.1% $317.22 Million $126.49 Million $779.39 Million ▲ +3.9 pp
1999 56.2% $279.70 Million $122.40 Million $787.20 Million ▼ -0.6 pp
1998 56.8% $263.40 Million $113.70 Million $724.00 Million ▼ -43.2 pp
1997 100.0% $241.20 Million $0.00 $661.60 Million ▲ +0.0 pp
1996 100.0% $213.60 Million $0.00 $496.90 Million ▲ +0.0 pp
1995 100.0% $185.50 Million $0.00 $468.30 Million ▲ +0.0 pp
1994 100.0% $168.70 Million $0.00 $443.60 Million ▲ +0.0 pp
1993 100.0% $144.60 Million $0.00 $419.20 Million ▲ +0.0 pp
1992 100.0% $132.60 Million $0.00 $421.30 Million ▲ +0.0 pp
1991 100.0% $160.60 Million $0.00 $415.30 Million ▲ +0.0 pp
1990 100.0% $152.60 Million $0.00 $423.60 Million ▲ +0.0 pp
1989 100.0% $103.50 Million $0.00 $326.00 Million ▲ +0.0 pp
1988 100.0% $82.00 Million $0.00 $268.20 Million ▲ +0.0 pp
1987 100.0% $72.00 Million $0.00 $241.90 Million ▲ +0.0 pp
1986 100.0% $63.10 Million $0.00 $175.60 Million
pp = percentage points