TTC Q1 2024 Earnings — The Toro Company Revenue & Financial Results | Market Cap Arena

TTCThe Toro Company

$10B

Q1 2024 Earnings

Industrials Manufacturing - Tools & Accessories

Income Statement

Revenue

$1.0B-12.8% YoY

Gross Profit

$345M34.4% margin

Operating Income

$89M8.8% margin

Net Income

$65M6.5% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

-$92M

Free Cash Flow

-$111M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.3B

Stockholders' Equity

$1.5B

Cash & Equivalents

$199M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$1.1B	-12.8%
Gross Profit	$345M	$396M	-13.0%
Operating Income	$89M	$136M	-35.0%
Net Income	$65M	$107M	-39.3%

Revenue Segments

Equipment Products And Services

$884M88%

Irrigation

$118M12%

Geographic Segments

UNITED STATES

$797M80%

Non-US

$205M20%