The Toro Company (TTC)

The Toro Company Income Statement

Financials in millions USD. Fiscal year is November - October.

Year Ending	TTM	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019
Revenue	4,416	4,553	4,515	3,960	3,379	3,138
Revenue Growth (YoY)	-8.40%	0.85%	14.02%	17.19%	7.67%	19.84%
Cost of Revenue	2,916	2,976	3,010	2,621	2,189	2,090
Gross Profit	1,499	1,578	1,505	1,339	1,190	1,048
Selling, General & Admin	996.48	995.6	928.9	820.2	763.42	722.93
Other Operating Expenses	151.3	151.3	0	0	0	0
Operating Expenses	1,148	1,147	928.9	820.2	763.42	722.93
Operating Income	351.68	430.7	575.7	518.3	426.36	325.03
Interest Expense / Income	62.77	58.7	35.7	28.7	33.16	28.84
Other Expense / Income	-28.76	-28.5	-12.5	-10.2	-13.87	-25.94
Pretax Income	317.67	400.5	552.5	499.8	407.07	322.13
Income Tax	52.59	70.8	109.2	89.9	77.37	48.15
Net Income	265.08	329.7	443.3	409.9	329.7	273.98
Net Income Growth	-48.73%	-25.63%	8.15%	24.32%	20.34%	0.75%
Shares Outstanding (Basic)	104	104	105	107	108	107
Shares Outstanding (Diluted)	105	105	106	109	109	108
Shares Change	-0.66%	-0.28%	-2.67%	-0.15%	0.53%	-0.52%
EPS (Basic)	2.55	3.16	4.23	3.82	3.06	2.57
EPS (Diluted)	2.53	3.13	4.20	3.78	3.03	2.53
EPS Growth	-48.47%	-25.48%	11.11%	24.75%	19.76%	1.20%
Free Cash Flow	261.34	157.3	153.7	451.5	461.31	244.49
Free Cash Flow Per Share	2.50	1.51	1.47	4.21	4.29	2.29
Dividend Per Share	1.400	1.360	1.200	1.050	1.000	0.900
Dividend Growth	9.38%	13.33%	14.29%	5.00%	11.11%	12.50%
Gross Margin	33.96%	34.65%	33.33%	33.80%	35.21%	33.39%
Operating Margin	7.96%	9.46%	12.75%	13.09%	12.62%	10.36%
Profit Margin	6.00%	7.24%	9.82%	10.35%	9.76%	8.73%
Free Cash Flow Margin	5.92%	3.45%	3.40%	11.40%	13.65%	7.79%
Effective Tax Rate	16.56%	17.68%	19.76%	17.99%	19.01%	14.95%
EBITDA	469.08	542.7	663.1	604	516.33	420.28
EBITDA Margin	10.62%	11.92%	14.69%	15.25%	15.28%	13.39%
Depreciation & Amortization	88.64	83.5	74.9	75.5	76.11	69.31
EBIT	380.43	459.2	588.2	528.5	440.23	350.97
EBIT Margin	8.61%	10.09%	13.03%	13.35%	13.03%	11.18%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).