TTC Q1 2023 Earnings — The Toro Company Revenue & Financial Results | Market Cap Arena

TTCThe Toro Company

$10B

Q1 2023 Earnings

Industrials Manufacturing - Tools & Accessories

Income Statement

Revenue

$1.1B+23.2% YoY

Gross Profit

$396M34.5% margin

Operating Income

$136M11.9% margin

Net Income

$107M9.3% margin

EPS (Diluted)

$1.01

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

-$69M

Free Cash Flow

-$98M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.2B

Stockholders' Equity

$1.4B

Cash & Equivalents

$174M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$933M	+23.2%
Gross Profit	$396M	$300M	+31.8%
Operating Income	$136M	$92M	+48.9%
Net Income	$107M	$70M	+53.8%

Revenue Segments

Equipment Products And Services

$1.0B90%

Irrigation

$115M10%

Geographic Segments

UNITED STATES

$904M79%

Non-US

$245M21%