The Toro Company
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $341.0M | $199.5M | $193.1M | $188.2M | $405.6M | $479.9M | $151.8M | $289.1M |
| Accounts Receivable | $378.2M | $459.7M | $407.4M | $290.0M | $252.8M | $223.1M | $220.5M | $185.1M |
| Inventory | $920.8M | $1.04B | $1.09B | $1.05B | $738.2M | $652.4M | $651.7M | $358.3M |
| Total Current Assets | $1.71B | $1.76B | $1.80B | $1.68B | $1.49B | $1.43B | $1.12B | $894.6M |
| Property, Plant & Equipment | $615.8M | $644.8M | $641.7M | $571.7M | $487.7M | $467.9M | $437.3M | $271.5M |
| Goodwill | $450.9M | $450.3M | $450.8M | $583.3M | $421.7M | $424.1M | $362.3M | $225.3M |
| Intangible Assets (Excl. Goodwill) | $390.3M | $498.7M | $540.1M | $585.8M | $420.0M | $408.3M | $352.4M | $105.6M |
| Total Assets | $3.44B | $3.58B | $3.64B | $3.56B | $2.94B | $2.85B | $2.33B | $1.57B |
| Liabilities | ||||||||
| Accounts Payable | $367.6M | $452.7M | $430.0M | $578.7M | $503.1M | $364.0M | $319.2M | $256.6M |
| Total Current Liabilities | $912.4M | $976.0M | $948.6M | $1.06B | $937.0M | $855.8M | $757.0M | $532.6M |
| Long-Term Debt | $921.5M | $911.8M | $1.03B | $990.8M | $691.2M | $691.3M | $620.9M | $312.5M |
| Total Liabilities | $1.99B | $2.03B | $2.13B | $2.20B | $1.79B | $1.74B | $1.47B | $902.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.39B | $1.50B | $1.44B | $1.28B | $1.07B | $1.04B | $784.9M | $587.3M |
| Total Stockholders' Equity | $1.45B | $1.55B | $1.51B | $1.35B | $1.15B | $1.11B | $859.6M | $668.9M |