The Toro Company (TO2) Ratios
The Toro Company Ratios
DE:TO2's free cash flow for Q3 2026 was $159.60M. For the 2026 fiscal year, DE:TO2's free cash flow was decreased by $-23.10M and operating cash flow was $182.70M. See a summary of the company’s cash flow.
| Ratios | Oct 25 | Oct 24 | Oct 23 | Oct 22 | Oct 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.87 | 1.81 | 1.90 | 1.58 | 1.59 |
| Quick Ratio | 0.86 | 0.74 | 0.75 | 0.59 | 0.80 |
| Cash Ratio | 0.37 | 0.20 | 0.20 | 0.18 | 0.43 |
| Solvency Ratio | 0.23 | 0.27 | 0.21 | 0.25 | 0.29 |
| Operating Cash Flow Ratio | 0.73 | 0.58 | 0.32 | 0.28 | 0.59 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 56.99 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -280.40M | $ -266.00M | $ -334.60M | $ -528.95M | $ -295.82M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.30 | 0.29 | 0.32 | 0.30 | 0.26 |
| Debt-to-Equity Ratio | 0.72 | 0.67 | 0.77 | 0.79 | 0.66 |
| Debt-to-Capital Ratio | 0.42 | 0.40 | 0.43 | 0.44 | 0.40 |
| Long-Term Debt-to-Capital Ratio | 0.39 | 0.37 | 0.41 | 0.42 | 0.38 |
| Financial Leverage Ratio | 2.37 | 2.31 | 2.41 | 2.63 | 2.55 |
| Debt Service Coverage Ratio | 8.31 | 8.47 | 8.65 | 16.46 | 18.74 |
| Interest Coverage Ratio | 8.31 | 8.62 | 7.34 | 16.13 | 18.06 |
| Debt to Market Cap | 0.12 | 0.11 | 0.12 | 0.09 | 0.07 |
| Interest Debt Per Share | 11.06 | 10.63 | 11.70 | 10.55 | 7.36 |
| Net Debt to EBITDA | 1.27 | 1.20 | 1.68 | 1.27 | 0.57 |
| Profitability Margins | |||||
| Gross Profit Margin | 33.36% | 33.80% | 34.65% | 33.33% | 33.80% |
| EBIT Margin | 9.09% | 12.54% | 10.09% | 13.03% | 13.35% |
| EBITDA Margin | 12.26% | 15.33% | 12.70% | 15.44% | 15.86% |
| Operating Profit Margin | 10.89% | 11.63% | 9.46% | 12.75% | 13.09% |
| Pretax Profit Margin | 8.37% | 11.19% | 8.80% | 12.24% | 12.62% |
| Net Profit Margin | 7.01% | 9.14% | 7.24% | 9.82% | 10.35% |
| Continuous Operations Profit Margin | 7.01% | 9.14% | 7.24% | 9.82% | 10.35% |
| Net Income Per EBT | 83.71% | 81.69% | 82.32% | 80.24% | 82.01% |
| EBT Per EBIT | 76.90% | 96.16% | 92.99% | 95.97% | 96.43% |
| Return on Assets (ROA) | 9.19% | 11.69% | 9.05% | 12.47% | 13.96% |
| Return on Equity (ROE) | 21.75% | 26.99% | 21.82% | 32.80% | 35.61% |
| Return on Capital Employed (ROCE) | 19.43% | 20.46% | 15.98% | 23.10% | 25.93% |
| Return on Invested Capital (ROIC) | 16.15% | 16.52% | 13.06% | 18.42% | 21.11% |
| Return on Tangible Assets | 12.17% | 15.90% | 12.43% | 18.57% | 19.57% |
| Earnings Yield | 4.25% | 5.01% | 3.91% | 4.01% | 3.92% |
| Efficiency Ratios | |||||
| Receivables Turnover | 11.93 | 9.97 | 11.18 | 13.57 | 12.76 |
| Payables Turnover | 8.18 | 6.70 | 6.92 | 5.20 | 5.21 |
| Inventory Turnover | 3.26 | 2.92 | 2.74 | 2.86 | 3.55 |
| Fixed Asset Turnover | 6.17 | 6.04 | 5.94 | 6.97 | 7.14 |
| Asset Turnover | 1.31 | 1.28 | 1.25 | 1.27 | 1.35 |
| Working Capital Turnover Ratio | 5.70 | 5.59 | 6.23 | 7.76 | 7.05 |
| Cash Conversion Cycle | 97.79 | 107.12 | 113.35 | 84.18 | 61.33 |
| Days of Sales Outstanding | 30.61 | 36.61 | 32.66 | 26.90 | 28.60 |
| Days of Inventory Outstanding | 111.82 | 124.96 | 133.43 | 127.46 | 102.79 |
| Days of Payables Outstanding | 44.64 | 54.45 | 52.75 | 70.17 | 70.06 |
| Operating Cycle | 142.43 | 161.57 | 166.09 | 154.35 | 131.40 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.65 | 5.49 | 2.94 | 2.84 | 5.18 |
| Free Cash Flow Per Share | 5.81 | 4.49 | 1.51 | 1.47 | 4.21 |
| Dividend Paid and CapEx Coverage Ratio | 2.82 | 2.25 | 1.05 | 1.10 | 2.57 |
| Capital Expenditure Coverage Ratio | 7.91 | 5.51 | 2.05 | 2.07 | 5.34 |
| Operating Cash Flow Coverage Ratio | 0.64 | 0.55 | 0.26 | 0.28 | 0.73 |
| Operating Cash Flow to Sales Ratio | 0.15 | 0.12 | 0.07 | 0.07 | 0.14 |
| Free Cash Flow Yield | 7.78% | 5.58% | 1.86% | 1.39% | 4.31% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 23.50 | 19.94 | 25.60 | 24.93 | 25.54 |
| Price-to-Sales (P/S) Ratio | 1.65 | 1.82 | 1.85 | 2.45 | 2.64 |
| Price-to-Book (P/B) Ratio | 5.12 | 5.38 | 5.59 | 8.18 | 9.09 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 12.86 | 17.91 | 53.65 | 71.90 | 23.18 |
| Price-to-Operating Cash Flow Ratio | 11.23 | 14.66 | 27.51 | 37.19 | 18.84 |
| Price-to-Earnings Growth (PEG) Ratio | -1.10 | 0.72 | -1.01 | 2.32 | 1.03 |
| Enterprise Value Multiple | 14.72 | 13.08 | 16.27 | 17.12 | 17.24 |
| Enterprise Value | 8.14B | 9.20B | 9.41B | 11.93B | 10.82B |
| EV to EBITDA | 14.72 | 13.08 | 16.27 | 17.12 | 17.24 |
| EV to Sales | 1.80 | 2.01 | 2.07 | 2.64 | 2.73 |
| EV to Free Cash Flow | 14.07 | 19.72 | 59.82 | 77.64 | 23.97 |
| EV to Operating Cash Flow | 12.29 | 16.14 | 30.67 | 40.15 | 19.48 |
| Tangible Book Value Per Share | 6.15 | 5.81 | 4.98 | 1.74 | 2.88 |
| Shareholders’ Equity Per Share | 14.61 | 14.95 | 14.47 | 12.90 | 10.72 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.16 | 0.18 | 0.18 | 0.20 | 0.18 |
| Revenue Per Share | 45.33 | 44.16 | 43.61 | 43.07 | 36.89 |
| Net Income Per Share | 3.18 | 4.04 | 3.16 | 4.23 | 3.82 |
| Tax Burden | 0.84 | 0.82 | 0.82 | 0.80 | 0.82 |
| Interest Burden | 0.92 | 0.89 | 0.87 | 0.94 | 0.95 |
| Research & Development to Revenue | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.22 | 0.18 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 |
| Income Quality | 2.09 | 1.36 | 0.93 | 0.67 | 1.36 |
Currency in USD
