← TORO CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.4b | $2.5b | $2.6b | $3.1b | $3.4b | $4.0b | $4.5b | $4.6b | $4.6b | $4.5b | |
| Cost of Revenue | $1.5b | $1.6b | $1.7b | $2.1b | $2.2b | $2.6b | $3.0b | $3.0b | $3.0b | $3.0b | |
| Gross Profit | $874.6m | $920.8m | $941.0m | $1.0b | $1.2b | $1.3b | $1.5b | $1.6b | $1.5b | $1.5b | |
| Operating Income (Loss) | $334.4m | $355.1m | $373.1m | $325.0m | $426.4m | $518.3m | $575.7m | $430.7m | $533.3m | $409.9m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $9.6m | $9.9m | $7.3m | $18.4m | $19.5m | $23.8m | $33.9m | $35.7m | $34.5m | $30.7m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $974k | $1.5m | $1.1m | $1.6m | $2.0m | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $1.3m | ($65k) | ($700k) | ($1.7m) | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $133.3m | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $292.2m | $307.1m | $333.1m | $283.7m | $369.0m | $446.3m | $491.3m | $345.0m | $436.6m | $278.6m | |
| Income (Loss) from Equity Method Investments | $9.6m | $10.0m | $11.1m | $11.9m | $7.7m | $5.7m | $8.8m | $19.2m | $20.8m | $18.7m | |
| Investment Income, Interest | $827k | $1.4m | $2.5m | $2.8m | $1.3m | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $330.5m | $353.2m | $372.4m | $322.1m | $407.1m | $499.8m | $552.5m | $400.5m | $512.8m | $377.6m | |
| Net Income (Loss) Attributable to Parent | — | — | — | — | $329.7m | $409.9m | $443.3m | $329.7m | $418.9m | $316.1m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $231.0m | $267.7m | $271.9m | $274.0m | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $2.10 | $2.47 | $2.56 | $2.57 | $3.06 | $3.82 | $4.23 | $3.16 | $4.04 | $3.18 | |
| Earnings Per Share, Diluted | $2.06 | $2.41 | $2.50 | $2.53 | $3.03 | $3.78 | $4.20 | $3.13 | $4.01 | $3.17 | |
| Weighted Average Number of Shares Outstanding, Basic | 109.8m | 108.3m | 106.4m | 106.8m | 107.7m | 107.3m | 104.8m | 104.4m | 103.8m | 99.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 112.0m | 111.3m | 108.7m | 108.1m | 108.7m | 108.5m | 105.6m | 105.3m | 104.4m | 99.8m | |
| Selling, General and Administrative Expense | $540.2m | $565.7m | $567.9m | $722.9m | $763.4m | $820.2m | $928.9m | $995.6m | $1.0b | $1.0b | |
| Other Nonoperating Income (Expense) | $15.4m | $17.2m | $18.4m | $25.9m | $13.9m | $10.2m | $12.6m | $28.5m | $41.4m | $26.8m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $61.9m | $59.1m | |
| Current Income Tax Expense (Benefit) | $90.9m | $94.3m | $77.7m | $51.8m | $75.1m | $115.4m | $121.5m | $118.7m | $121.8m | $120.2m | |
| Interest Expense | $19.3m | $19.1m | $19.1m | $28.8m | $33.2m | $28.7m | $35.7m | $58.7m | $61.9m | $59.1m | |
| Research and Development Expense | — | — | $83.5m | $109.1m | $124.1m | $141.0m | $155.6m | $173.9m | $173.1m | $162.3m | |
| Income Tax Expense (Benefit) | $99.5m | $85.5m | $100.5m | $48.1m | $77.4m | $89.9m | $109.2m | $70.8m | $93.9m | $61.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.