Earnings summaries and quarterly performance for TORO.
Executive leadership at TORO.
Richard M. Olson
Detailed
Chairman, President and Chief Executive Officer
CEO
AC
Angela C. Drake
Detailed
Vice President and Chief Financial Officer
EC
Edric C. Funk
Detailed
President and Chief Operating Officer
JM
Joanna M. Totsky
Detailed
Vice President, General Counsel and Corporate Secretary
KN
Kevin N. Carpenter
Detailed
Vice President, Global Operations and Integrated Supply Chain
Board of directors at TORO.
Research analysts who have asked questions during TORO earnings calls.
David Macgregor
Longbow Research
6 questions for TTC
Also covers: AOS, BECN, CSL +14 more
EJ
Edward Jackson
Northland Securities, Inc.
4 questions for TTC
Also covers: ALNT, ALTG, AMPX +8 more
TW
Timothy Wojs
Robert W. Baird & Co.
4 questions for TTC
Also covers: AAON, ALLE, AMWD +13 more
Eric Bosshard
Cleveland Research Company
3 questions for TTC
Also covers: DHI, LOW, MHK +3 more
Joshua Wilson
Raymond James Financial, Inc.
3 questions for TTC
Also covers: GFF, WHR
Michael Shlisky
D.A. Davidson
2 questions for TTC
Also covers: ALG, BLBD, CENN +19 more
SD
Sam Darkatsh
Raymond James & Associates, Inc.
2 questions for TTC
Also covers: AIT, GFF, TGLS +2 more
TJ
Ted Jackson
Northland Securities, Inc.
2 questions for TTC
Also covers: ALTG, CNH, HY +5 more
Recent press releases and 8-K filings for TTC.
Toro Company Reports Q4 and Full-Year 2025 Results and Provides 2026 Outlook
TTC
Earnings
Guidance Update
M&A
- For the fourth quarter of 2025, The Toro Company reported consolidated net sales of $1.07 billion and adjusted diluted earnings per share of $0.91. Full-year 2025 consolidated net sales were $4.5 billion, with adjusted diluted earnings per share of $4.20, exceeding prior guidance.
- The company generated a record $578 million in free cash flow for fiscal year 2025, representing a 146% conversion rate, and returned $441 million to shareholders through dividends and share repurchases.
- Toro increased its Amplifying Maximum Productivity (AMP) run-rate savings target to $125 million or more by the end of 2026, up from the original target of at least $100 million.
- For fiscal year 2026, the company expects total net sales to rise 2%-5% and adjusted earnings per diluted share to be in the range of $4.35-$4.50. Professional segment sales are anticipated to grow mid-single digits with an earnings margin of 18.5%-19.5%, while residential segment sales are expected to decline low to mid-single digits with an earnings margin of 6%-8%.
- The recent acquisition of Tornado Infrastructure Technologies is expected to contribute to sales growth in 2026.
6 days ago
Toro Company Reports Strong Q4 and Full-Year 2025 Results, Raises AMP Target, and Provides 2026 Guidance
TTC
Earnings
Guidance Update
M&A
- The Toro Company reported Q4 2025 consolidated net sales of $1.07 billion and adjusted diluted earnings per share of $0.91, exceeding expectations. For the full year 2025, consolidated net sales were $4.5 billion and adjusted diluted EPS was $4.20, surpassing prior guidance.
- The company generated record free cash flow of $578 million (or $587 million) with a 146% conversion rate in fiscal 2025, and returned $441 million to shareholders through dividends and share repurchases.
- The AMP (amplifying maximum productivity) program's run-rate savings target has been increased to $125 million or more by the end of 2026, up from the original target of at least $100 million.
- For fiscal year 2026, The Toro Company expects annual total company net sales to rise 2%-5% and adjusted earnings per diluted share to be in the range of $4.35-$4.50. Professional segment sales are projected to grow mid-single digits, while residential segment sales are expected to decline low to mid-single digits.
- The company recently acquired Tornado Infrastructure Equipment to expand its geographic presence and product portfolio in underground construction. Additionally, the quarterly dividend was raised from $0.38 to $0.39, and the Board authorized the repurchase of up to an additional six million shares.
6 days ago
The Toro Company Reports Strong F25 Results and Issues F26 Guidance
TTC
Earnings
Guidance Update
Share Buyback
- The Toro Company reported strong F25 financial results, with professional segment net sales reaching $3,624 million, up 1.9% from F24, and a segment earnings margin of 19.4%.
- The company achieved record free cash flow of $578 million in F25, with a conversion rate of 146%, and returned $441 million to shareholders through dividends and share repurchases.
- For full-year F26, The Toro Company anticipates net sales growth of 2% to 5% and adjusted diluted EPS between $4.35 and $4.50.
- Q4 F25 net sales and adjusted diluted EPS beat expectations, driven by strong demand in underground construction and snow and ice management products.
6 days ago
The Toro Company Reports Q4 and Full-Year 2025 Results, Provides 2026 Guidance
TTC
Earnings
Guidance Update
M&A
- The Toro Company reported Q4 2025 net sales of $1.07 billion and adjusted diluted earnings per share of $0.91.
- For the full fiscal year 2025, consolidated net sales were $4.51 billion, and adjusted diluted earnings per share were $4.20, exceeding prior year and guidance.
- The company generated record free cash flow of $578 million, with a 146% conversion rate, and returned $441 million to shareholders in fiscal 2025.
- The Amplifying Maximum Productivity (AMP) program's run-rate savings target was increased to $125 million or more by the end of 2026, up from the original target of at least $100 million.
- For fiscal year 2026, The Toro Company expects annual total company net sales to rise 2%-5% and adjusted earnings per diluted share to be in the range of $4.35-$4.50.
6 days ago
The Toro Company Reports Fourth-Quarter and Full-Year Fiscal 2025 Results, Issues Fiscal 2026 Guidance
TTC
Earnings
Guidance Update
Share Buyback
- The Toro Company reported full-year fiscal 2025 net sales of $4.51 billion and adjusted diluted earnings per share (EPS) of $4.20, exceeding expectations.
- For the fourth quarter of fiscal 2025, net sales were $1.07 billion and adjusted diluted EPS was $0.91.
- The company generated record free cash flow of $578 million and returned $441 million to shareholders via cash dividends and common stock repurchases in fiscal 2025.
- Management provided fiscal 2026 adjusted diluted EPS guidance of $4.35 to $4.50 and expects total company net sales growth in the range of 2% to 5%. The AMP run-rate savings target was also increased to $125 million by 2027.
6 days ago
The Toro Company Completes Acquisition, Increases Dividend, and Authorizes Share Repurchase
TTC
M&A
Dividends
Share Buyback
- The Toro Company completed the acquisition of Tornado Infrastructure Equipment Ltd. on December 8, 2025, for $279 million (CAD). Tornado generated net sales of approximately $161 million (CAD) for the trailing 12 months ended September 30, 2025. The transaction is expected to be neutral to adjusted earnings per share in the first year and increasingly accretive thereafter, with anticipated annual run-rate cost synergies of $3 million (USD) over three years.
- The Board of Directors declared a regular quarterly cash dividend of $0.39 per share, an increase from the previous $0.38 per share, payable on January 12, 2026, to shareholders of record on December 22, 2025.
- The Board authorized the repurchase of up to an additional 6 million shares of common stock, bringing the total share repurchase authorization to 10,391,790 shares as of December 9, 2025.
Dec 9, 2025, 10:03 PM
Toro Company Completes Acquisition of Tornado Infrastructure Equipment Ltd.
TTC
M&A
New Projects/Investments
Guidance Update
- The Toro Company has completed its acquisition of Tornado Infrastructure Equipment Ltd., a manufacturer of hydrovac excavation solutions.
- The purchase price for the acquisition was $279 million (CAD), financed with debt from existing credit facilities and additional financial arrangements.
- Tornado generated net sales of approximately $161 million (CAD) for the trailing 12 months ended September 30, 2025.
- The transaction is expected to be marginally accretive to adjusted earnings per share in the first year after closing, with anticipated annual run-rate cost synergies of $3 million (USD) over three years.
- The acquisition strengthens The Toro Company's leadership in underground construction and expands its market reach.
Dec 8, 2025, 9:30 PM
Castor Maritime Secures Debt Financing and Redeems Preferred Shares
TTC
Debt Issuance
Convertible Preferred Issuance
- Castor Maritime Inc. has signed a $50.0 million sustainability-linked senior term loan facility with a European bank, with net proceeds designated for general corporate purposes.
- The company announced the full redemption of 60,000 shares of its 8.75% Series E Cumulative Perpetual Convertible Preferred Shares on October 13, 2025.
- The redemption was for a cash consideration equal to the stated amount plus 0.523% thereof, including accrued and unpaid distributions, after which the shares will be cancelled.
Oct 15, 2025, 1:09 PM
The Toro Company to Acquire Tornado Infrastructure Equipment Ltd.
TTC
M&A
New Projects/Investments
- The Toro Company (TTC) entered into a definitive agreement on October 6, 2025, to acquire Tornado Infrastructure Equipment Ltd., a leading manufacturer of vacuum excavation trucks.
- The acquisition is for $1.92 in cash per Share and is expected to expand Toro's underground and specialty construction product portfolio and market reach.
- Tornado Infrastructure Equipment generated approximately $149 million (CAD) in net sales for the trailing 12 months ended June 30, 2025.
- The transaction is anticipated to close during The Toro Company's fiscal 2026 first quarter.
Oct 8, 2025, 8:44 PM
Toro Company to Acquire Tornado Infrastructure Equipment Ltd.
TTC
M&A
New Projects/Investments
Guidance Update
- The Toro Company (TTC) has entered into a definitive agreement to acquire Tornado Infrastructure Equipment Ltd. for a fully diluted equity value of $279 million (CAD), or $1.92 per share (CAD), representing a 4 percent premium on Tornado's latest closing share price.
- Tornado Infrastructure Equipment, a manufacturer of vacuum trucks, generated net sales of approximately $149 million (CAD) for the trailing 12 months ended June 30, 2025.
- The acquisition is expected to expand Toro's underground and specialty construction product portfolio and market reach, and is anticipated to close during The Toro Company’s fiscal 2026 first quarter.
- The transaction is expected to be marginally accretive to earnings in the first year, excluding purchase price accounting and transaction-related adjustments, and is projected to achieve annual run-rate cost synergies of $3 million (USD) over three years.
Oct 6, 2025, 12:00 PM
Quarterly earnings call transcripts for TORO.
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