TTC Q2 2023 Earnings — The Toro Company Revenue & Financial Results | Market Cap Arena

TTCThe Toro Company

$10B

Q2 2023 Earnings

Industrials Manufacturing - Tools & Accessories

Income Statement

Revenue

$1.3B+7.2% YoY

Gross Profit

$480M35.8% margin

Operating Income

$219M16.3% margin

Net Income

$168M12.5% margin

EPS (Diluted)

$1.59

QoQ Revenue Growth

+16.6%

Cash Flow

Operating Cash Flow

$131M

Free Cash Flow

$90M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.2B

Stockholders' Equity

$1.6B

Cash & Equivalents

$151M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+7.2%
Gross Profit	$480M	$405M	+18.3%
Operating Income	$219M	$171M	+28.3%
Net Income	$168M	$131M	+27.7%

Revenue Segments

Equipment Products And Services

$1.2B89%

Irrigation

$145M11%

Geographic Segments

UNITED STATES

$1.1B79%

Non-US

$276M21%