TTC Q3 2023 Earnings — The Toro Company Revenue & Financial Results | Market Cap Arena

TTCThe Toro Company

$10B

Q3 2023 Earnings

Industrials Manufacturing - Tools & Accessories

Income Statement

Revenue

$1.1B-6.8% YoY

Gross Profit

$372M34.4% margin

Operating Income

-$19M-1.8% margin

Net Income

-$15M-1.4% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-19.2%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

$57M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

-$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.2B	-6.8%
Gross Profit	$372M	$400M	-6.9%
Operating Income	-$19M	$163M	-111.7%
Net Income	-$15M	$125M	-112.0%

Revenue Segments

Equipment Products And Services

$957M88%

Irrigation

$135M12%

Geographic Segments

Non-US

$235M74%

UNITED STATES

$85M26%