The Toro Company  (TTC)
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The Toro's



TTC Sales vs. its Competitors Q2 2022

Comparing the results to its competitors, The Toro reported Total Revenue increase in the 2 quarter 2022 by 18.81 % year on year.
The sales growth was above The Toro's competitors average revenue growth of 10.13 %, recorded in the same quarter.

List of TTC Competitors

With net margin of 10.78 % company reported lower profitability than its competitors.

More on TTC Margin Comparisons

Revenue Growth Comparisons

Net Income Comparison

The Toro Company Net Income in the 2 quarter 2022 grew year on year by 29.93 %, faster than average growth of The Toro's competitiors of 11.33 %

<<  More on TTC Income Comparisons

The Toro's Comment on Competitors and Industry Peers

Our products are sold in highly competitive markets throughout the world. The principal competitive factors in our markets are product innovation, quality and reliability, pricing, product support and customer service, warranty, brand awareness, reputation, distribution, shelf space, and financing options. We believe we offer total solutions and full service packages with high quality products that have the latest technology and design innovations. In addition, by selling our products through a network of distributors, dealers, hardware retailers, home centers, and mass retailers, we offer comprehensive service support during and after the warranty period. We compete in many product lines with numerous manufacturers, some of which have substantially larger operations and financial resources than us. We believe that we have a competitive advantage because we manufacture a broad range of product lines, we are committed to product innovation and customer service, we have a strong history in and focus on maintaining turf and landscapes, and our distribution channels position us well to compete in various markets.

Internationally, our residential segment products face more competition because many foreign competitors design, manufacture, and market products in their respective countries. We experience this competition primarily in Europe. In addition, fluctuations in the value of the U.S. dollar affect the price of our products in foreign markets, thereby impacting their competitiveness. We provide pricing support, as needed, to foreign customers to remain competitive in international markets.


Overall company Market Share Q2 2022

Overall company sales advanced by 18.81 % The Toro outperformed its competitors in this segment and improved market share, to approx. 3.92 %.
<<  More on TTC Market Share.
*Market share is calculated based on total revenue.

TTC's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

(in millions of $)
(in millions of $)
(in millions of $)
The Toro Company TTC 11,816.50 4,303.00 386.00 6,682
Agco Corp AGCO 10,151 11,907.70 835.80 19,600
Alamo Group Inc ALG 1,818 1,510.74 89.48 3,070
Briggs and Stratton Corporation BGG 32 1,697.15 -212.09 5,480
Cnh Industrial N v CNHI 22,601 33,428.00 1,760.00 69,207
Deere and Co DE 136,223 48,368.00 6,170.00 69,600
Emerson Electric Co EMR 57,853 19,629.00 3,230.00 83,500
Fortune Brands Home and Security Inc FBHS 8,269 8,044.70 752.40 24,700
Generac Holdings Inc GNRC 6,472 4,065.61 523.52 4,202
Newell Brands Inc NWL 5,386 9,979.00 565.00 30,000
Regal Rexnord Corp RRX 8,404 5,189.80 389.00 0
Stanley Black and Decker Inc SWK 545 16,752.00 1,150.60 59,438
SUBTOTAL 269,571.89 164,875.02 15,639.60 375,479

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