The Toro Company (TTC) Key Metrics
TTC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $9.52B
- Enterprise value
- $10.05B
- P/E (TTM)
- 26.9 10-yr median 25.2
- Forward P/E
- 17.0
- PEG ratio
- 1.46
- Price / sales
- 2.0 10-yr median 2.4
- Price / book
- 6.8 10-yr median 8.6
- EV / EBITDA
- 15.1 10-yr median 16.2
- Dividend yield
- 1.55% $1.56 a year
- Beta
- 0.67
TTC key metrics, FY2016–FY2025
Fiscal year ended October 31, 2025 · U.S. dollarsTTC valuation Price multiples at each fiscal year-end price.
TTC returns How much profit the business earns on the capital it uses.
TTC per-share figures Results divided by the shares outstanding at year-end.
TTC financial health Debt, liquidity and how easily interest is covered.
TTC efficiency & capital use Working capital cycle and where the cash goes.
TTC valuation history
TTC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TTC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TTC cash returned to shareholders
TTC price vs earnings per share
TTC key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.46B | $8.40B | $8.51B | $11.14B | $10.36B | $8.92B | $8.34B | $6.12B | $6.99B | $5.36B |
| Enterprise value | $8.16B | $9.24B | $9.48B | $12.02B | $10.71B | $9.31B | $8.89B | $6.17B | $7.01B | $5.44B |
| P/E ratio | 23.6 | 20.1 | 25.8 | 25.1 | 25.3 | 27.1 | 30.4 | 22.5 | 26.1 | 23.2 |
| Price / sales | 1.7 | 1.8 | 1.9 | 2.5 | 2.6 | 2.6 | 2.7 | 2.3 | 2.8 | 2.2 |
| Price / book | 5.1 | 5.4 | 5.6 | 8.2 | 9.0 | 8.0 | 9.7 | 9.2 | 11.3 | 9.7 |
| Price / free cash flow | 12.9 | 18.0 | 54.1 | 72.5 | 22.9 | 19.3 | 34.1 | 22.3 | 23.1 | 16.1 |
| Price / operating cash flow | 11.3 | 14.7 | 27.7 | 37.5 | 18.6 | 16.5 | 24.7 | 16.8 | 19.4 | 14.0 |
| EV / sales | 1.8 | 2.0 | 2.1 | 2.7 | 2.7 | 2.8 | 2.8 | 2.4 | 2.8 | 2.3 |
| EV / EBITDA | 14.8 | 13.2 | 16.4 | 17.2 | 17.1 | 17.4 | 20.3 | 13.6 | 16.0 | 13.1 |
| EV / free cash flow | 14.1 | 19.8 | 60.3 | 78.2 | 23.7 | 20.2 | 36.3 | 22.5 | 23.2 | 16.3 |
| Earnings yield | 4.2% | 5.0% | 3.9% | 4.0% | 4.0% | 3.7% | 3.3% | 4.4% | 3.8% | 4.3% |
| Free cash flow yield | 7.8% | 5.6% | 1.8% | 1.4% | 4.4% | 5.2% | 2.9% | 4.5% | 4.3% | 6.2% |
| Dividend yield | 2.0% | 1.8% | 1.7% | 1.1% | 1.1% | 1.2% | 1.2% | 1.4% | 1.1% | 1.2% |
| Shareholder yield (dividends + buybacks) | 5.9% | 4.7% | 2.4% | 2.4% | 4.0% | 2.4% | 1.4% | 4.0% | 3.4% | 3.3% |
| Share price at fiscal year-end | $74.73 | $80.48 | $80.84 | $105.43 | $95.47 | $82.10 | $77.13 | $56.33 | $62.85 | $47.88 |
| Per share | ||||||||||
| Revenue per share | $45.19 | $43.91 | $43.24 | $42.73 | $36.50 | $31.09 | $29.03 | $24.10 | $22.52 | $21.36 |
| Earnings per share | $3.17 | $4.01 | $3.13 | $4.20 | $3.78 | $3.03 | $2.53 | $2.50 | $2.41 | $2.06 |
| Operating cash flow per share | $6.63 | $5.46 | $2.91 | $2.81 | $5.12 | $4.96 | $3.12 | $3.36 | $3.24 | $3.43 |
| Free cash flow per share | $5.79 | $4.47 | $1.49 | $1.45 | $4.16 | $4.25 | $2.26 | $2.53 | $2.72 | $2.98 |
| Cash per share | $3.42 | $1.91 | $1.83 | $1.78 | $3.74 | $4.42 | $1.40 | $2.66 | $2.79 | $2.44 |
| Book value per share | $14.56 | $14.86 | $14.35 | $12.79 | $10.61 | $10.26 | $7.95 | $6.16 | $5.55 | $4.91 |
| Tangible book value per share | $6.13 | $5.77 | $4.94 | $1.73 | $2.85 | $2.60 | $1.34 | $1.81 | $2.77 | $2.21 |
| Dividends per share | $1.51 | $1.43 | $1.35 | $1.19 | $1.04 | $0.99 | $0.89 | $0.78 | $0.68 | $0.59 |
| Capex per share | $0.84 | $0.99 | $1.42 | $1.36 | $0.96 | $0.72 | $0.86 | $0.83 | $0.52 | $0.45 |
| Debt per share | $10.43 | $9.97 | $11.05 | $10.13 | $7.02 | $8.04 | $6.48 | $3.11 | $2.98 | $3.16 |
| Shares outstanding | 99.8M | 104.4M | 105.3M | 105.6M | 108.5M | 108.7M | 108.1M | 108.7M | 111.3M | 112.0M |
| Change in shares outstanding | −4.4% | −0.9% | −0.3% | −2.6% | −0.2% | +0.5% | −0.5% | −2.3% | −0.7% | −1.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 21.0% | 27.4% | 23.0% | 35.4% | 36.2% | 33.4% | 35.9% | 42.3% | 45.9% | 45.6% |
| Return on invested capital (ROIC) | 18.1% | 17.9% | 15.0% | 24.7% | 28.2% | 23.7% | 26.0% | 40.2% | 42.4% | 34.8% |
| Return on assets (ROA) | 9.0% | 11.6% | 9.2% | 13.7% | 14.2% | 12.7% | 14.0% | 17.7% | 18.6% | 17.2% |
| Return on tangible assets | 12.2% | 15.9% | 12.4% | 18.6% | 19.6% | 16.3% | 17.0% | 24.8% | 22.6% | 21.3% |
| Free cash flow margin | 12.8% | 10.2% | 3.5% | 3.4% | 11.4% | 13.7% | 7.8% | 10.5% | 12.1% | 13.9% |
| Income quality (OCF / net income) | 2.09 | 1.36 | 0.93 | 0.67 | 1.36 | 1.64 | 1.23 | 1.34 | 1.35 | 1.66 |
| Financial health | ||||||||||
| Total debt | $1.04B | $1.04B | $1.16B | $1.07B | $761.3M | $873.2M | $700.8M | $337.5M | $331.9M | $353.9M |
| Cash & short-term investments | $341.0M | $199.5M | $193.1M | $188.2M | $405.6M | $479.9M | $151.8M | $289.1M | $310.3M | $273.6M |
| Net debt | $700.1M | $841.7M | $970.0M | $881.9M | $355.7M | $393.3M | $549.0M | $48.3M | $21.6M | $80.4M |
| Debt / equity | 0.72 | 0.67 | 0.77 | 0.79 | 0.66 | 0.78 | 0.82 | 0.50 | 0.54 | 0.64 |
| Debt / assets | 0.30 | 0.29 | 0.32 | 0.30 | 0.26 | 0.31 | 0.30 | 0.21 | 0.22 | 0.26 |
| Net debt / EBITDA | 1.27 | 1.20 | 1.68 | 1.27 | 0.57 | 0.73 | 1.25 | 0.11 | 0.05 | 0.19 |
| Current ratio | 1.87 | 1.81 | 1.90 | 1.58 | 1.59 | 1.67 | 1.48 | 1.68 | 1.65 | 1.68 |
| Quick ratio | 0.86 | 0.74 | 0.75 | 0.59 | 0.80 | 0.91 | 0.62 | 1.01 | 1.02 | 1.02 |
| Interest coverage | 8.3 | 8.6 | 7.3 | 16.1 | 18.1 | 12.9 | 11.3 | 19.5 | 18.6 | 17.3 |
| Working capital | $792.7M | $788.9M | $850.2M | $611.7M | $552.2M | $571.9M | $365.9M | $362.0M | $338.1M | $315.2M |
| Invested capital | $2.15B | $2.39B | $2.48B | $2.23B | $1.51B | $1.51B | $1.41B | $717.2M | $638.7M | $630.4M |
| Tangible asset value | $612.1M | $602.9M | $520.0M | $182.6M | $309.4M | $282.4M | $145.0M | $196.6M | $308.3M | $250.1M |
| Net current asset value | −$280.4M | −$266.0M | −$334.6M | −$528.9M | −$295.8M | −$310.8M | −$348.1M | −$7.4M | −$16.8M | −$55.5M |
| Graham number | $32.21 | $36.63 | $31.79 | $34.75 | $30.04 | $26.47 | $21.30 | $18.62 | $17.33 | $15.10 |
| Graham net-net per share | −$9.02 | −$9.26 | −$10.36 | −$11.75 | −$7.17 | −$6.78 | −$7.32 | −$2.66 | −$2.38 | −$2.55 |
| Capital allocation | ||||||||||
| Dividends paid | $151.1M | $149.5M | $141.9M | $125.7M | $112.4M | $107.7M | $96.1M | $85.0M | $75.8M | $65.9M |
| Share buybacks (net) | $290.0M | $245.5M | $60.0M | $140.0M | $302.3M | $107.2M | $20.0M | $160.4M | $159.4M | $110.0M |
| Dividend payout ratio | 47.8% | 35.7% | 43.0% | 28.4% | 27.4% | 32.7% | 35.1% | 31.3% | 28.3% | 28.5% |
| Dividends + buybacks / free cash flow | 76.3% | 84.7% | 128.4% | 172.9% | 91.9% | 46.6% | 47.5% | 89.4% | 77.7% | 52.7% |
| Capex / revenue | 1.9% | 2.3% | 3.3% | 3.2% | 2.6% | 2.3% | 3.0% | 3.4% | 2.3% | 2.1% |
| Capex / operating cash flow | 12.6% | 18.2% | 48.7% | 48.3% | 18.7% | 14.5% | 27.5% | 24.7% | 16.2% | 13.2% |
| Capex / depreciation | 0.59 | 0.81 | 1.25 | 1.32 | 1.05 | 0.82 | 1.06 | 1.47 | 0.90 | 0.79 |
| Stock-based compensation / revenue | 0.4% | 0.5% | 0.4% | 0.5% | 0.6% | 0.5% | 0.4% | 0.5% | 0.5% | 0.4% |
| R&D / revenue | — | 3.8% | 3.8% | 3.4% | 3.6% | 3.7% | 3.5% | 3.2% | 3.2% | 3.2% |
| SG&A / revenue | 22.5% | 18.4% | 18.0% | 19.3% | 19.4% | 21.1% | 21.7% | 19.9% | 20.9% | 20.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 33.9 | 34.5 | 29.7 | 26.0 | 26.3 | 28.6 | 26.9 | 26.2 | 25.2 | 26.0 |
| Days of inventory on hand | 119.0 | 127.9 | 131.2 | 108.5 | 96.8 | 108.7 | 88.2 | 74.8 | 73.3 | 77.2 |
| Days payables outstanding | 49.8 | 53.1 | 61.9 | 65.6 | 60.4 | 57.0 | 50.3 | 50.9 | 44.5 | 39.3 |
| Cash conversion cycle (days) | 103.1 | 109.3 | 99.0 | 68.9 | 62.8 | 80.4 | 64.8 | 50.0 | 54.0 | 63.8 |
| Receivables turnover | 10.77 | 10.57 | 12.30 | 14.04 | 13.86 | 12.75 | 13.59 | 13.92 | 14.47 | 14.06 |
| Payables turnover | 7.33 | 6.88 | 5.90 | 5.56 | 6.05 | 6.41 | 7.26 | 7.16 | 8.20 | 9.29 |
| Inventory turnover | 3.07 | 2.85 | 2.78 | 3.36 | 3.77 | 3.36 | 4.14 | 4.88 | 4.98 | 4.73 |
| Asset turnover | 1.28 | 1.27 | 1.26 | 1.39 | 1.37 | 1.30 | 1.61 | 1.71 | 1.74 | 1.78 |
| Average receivables | $418.9M | $433.6M | $370.1M | $321.5M | $285.7M | $265.0M | $231.0M | $188.1M | $173.2M | $170.1M |
| Average payables | $410.1M | $441.4M | $504.4M | $540.9M | $433.5M | $341.6M | $287.9M | $234.2M | $193.2M | $163.3M |
| Average inventory | $979.9M | $1.06B | $1.07B | $894.6M | $695.3M | $652.0M | $505.0M | $343.6M | $318.0M | $320.8M |
| Intangibles / total assets | 24.5% | 26.5% | 27.2% | 32.9% | 28.7% | 29.2% | 30.7% | 30.1% | 20.7% | 21.8% |
Computed from TTC's annual financial statements (latest annual report filed December 17, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TTC valuation and financial ratios
At the end of fiscal 2025 (October 31, 2025), Toro traded at 23.6 times earnings, against a 10-year median of 25.2. Based on the latest twelve months, the trailing P/E is 26.9 and the forward P/E is 17.0. Toro earned a return on equity of 21.0% and a return on invested capital of 18.1% in fiscal 2025. It ended the year with $1.0 billion of debt and $341.0 million in cash and short-term investments, net debt of $700.1 million. It returned $441.1 million to shareholders: $151.1 million in dividends and $290.0 million in share buybacks, 76% of free cash flow. The share count fell 10.9% from 112.0M to 99.8M over 9 years.
See the TTC income statement, the TTC chart for price history, or the TTC stock overview for the latest quote and news.
TTC key metrics FAQ
What is Toro's P/E ratio?
Toro's trailing P/E ratio is 26.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 17.0. At the end of fiscal 2025 it was 23.6, compared with a 10-year median of 25.2.
What is Toro's EV/EBITDA?
Toro's enterprise value was 14.8 times EBITDA at the end of fiscal 2025 (enterprise value $8.2 billion, EBITDA $552.8 million); the current EV/EBITDA is 15.1.
What is Toro's return on equity?
Toro's return on equity (ROE) was 21.0% in fiscal 2025: net income of $316.1 million on average shareholders' equity of $1.5 billion.
What is Toro's ROIC?
Toro's return on invested capital was 18.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Toro have?
Toro had total debt of $1.0 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.72 and $700.1 million of net debt (1.27 times EBITDA).
What is Toro's dividend yield?
Toro's forward dividend yield is 1.55%. Toro paid $151.1 million in dividends in fiscal 2025 ($1.51 per share), a payout ratio of 47.8%.
Does Toro buy back its shares?
Yes. Toro spent $290.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −4.4% over the year, to 99.8M..
What is Toro's free cash flow yield?
Toro generated $578.3 million of free cash flow in fiscal 2025, a free cash flow yield of 7.8% on its market value at year-end ($7.5 billion).
What is Toro's current ratio?
Toro's current ratio was 1.87 at the end of fiscal 2025: current assets were 1.87 times current liabilities.