The Toro Company
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Toro Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $4,583,800,000. The net income raised on $418,900,000 and profit margin reached 9%. Total operating expenses were $1,016,000,000.
Profit Margin
| 2015 | 2.39B | 201.59M | 8.43% |
|---|---|---|---|
| 2016 | 2.39B | 230.99M | 9.66% |
| 2017 | 2.50B | 267.71M | 10.69% |
| 2018 | 2.61B | 271.93M | 10.38% |
| 2019 | 3.13B | 273.98M | 8.73% |
| 2020 | 3.37B | 329.70M | 9.76% |
| 2021 | 3.95B | 409.9M | 10.35% |
| 2022 | 4.51B | 443.3M | 9.82% |
| 2023 | 4.55B | 329.7M | 7.24% |
| 2024 | 4.58B | 418.9M | 9.14% |
TTC Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.58B | 4.55B | 4.51B | 3.95B | 3.37B | 3.13B | 2.61B | 2.50B | 2.39B | 2.39B |
Cost of revenue | 3.03B | 2.97B | 3.01B | 2.62B | 2.18B | 2.09B | 1.67B | 1.58B | 1.51B | 1.55B |
Gross profit | 1.54B | 1.57B | 1.50B | 1.33B | 1.18B | 1.04B | 941.01M | 920.83M | 874.59M | 835.93M |
Operating exp. | ||||||||||
Research and development | 0 | 173.9M | 155.6M | 141M | 124.1M | 109.1M | 83.5M | 80.4M | 77.4M | 73.6M |
Selling and marketing | 0 | 77.6M | 58.3M | 50.5M | 50.3M | 43.5M | 46.4M | 43M | 41.8M | 42.84M |
Total operating expenses | 1.01B | 1.14B | 928.93M | 820.21M | 763.41M | 722.93M | 567.92M | 565.72M | 540.19M | 536.82M |
Operating income | 533.3M | 430.7M | 575.66M | 518.28M | 426.35M | 325.02M | 373.08M | 355.11M | 334.39M | 299.11M |
Other income (expenses), net | -20.5M | -30.2M | -23.11M | -18.46M | -19.28M | -2.89M | 18.40M | -1.92M | 13.48M | -8.08M |
Income before tax | 512.8M | 400.5M | 552.54M | 499.81M | 407.07M | 322.13M | 372.39M | 353.18M | 330.46M | 291.03M |
Income tax expense | 93.9M | 70.8M | 109.20M | 89.93M | 77.36M | 48.15M | 100.45M | 85.46M | 99.46M | 89.44M |
Net income | 418.9M | 329.7M | 443.3M | 409.9M | 329.70M | 273.98M | 271.93M | 267.71M | 230.99M | 201.59M |
Earnings per share | ||||||||||
Basic EPS | 4.04 | 3.16 | 4.23 | 3.82 | 3.06 | 2.57 | 2.56 | 2.47 | 2.1 | 1.82 |
Diluted EPS | 4.01 | 3.13 | 4.2 | 3.78 | 3.03 | 2.53 | 2.5 | 2.41 | 2.06 | 1.78 |
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