TTC Q2 2024 Earnings — The Toro Company Revenue & Financial Results | Market Cap Arena

TTCThe Toro Company

$10B

Q2 2024 Earnings

Industrials Manufacturing - Tools & Accessories

Income Statement

Revenue

$1.3B+0.7% YoY

Gross Profit

$453M33.6% margin

Operating Income

$188M13.9% margin

Net Income

$145M10.7% margin

EPS (Diluted)

$1.39

QoQ Revenue Growth

+34.6%

Cash Flow

Operating Cash Flow

$227M

Free Cash Flow

$207M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.2B

Stockholders' Equity

$1.7B

Cash & Equivalents

$189M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.3B	+0.7%
Gross Profit	$453M	$480M	-5.6%
Operating Income	$188M	$219M	-14.3%
Net Income	$145M	$168M	-13.6%

Revenue Segments

Equipment Products And Services

$1.2B90%

Irrigation

$133M10%

Geographic Segments

UNITED STATES

$1.1B80%

Non-US

$268M20%