The Toro Company  (TTC)
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The Toro's



TTC Sales vs. its Competitors Q3 2019

Comparing the results to its competitors, The Toro reported Total Revenue increase in the 3 quarter 2019 by 36.17 % year on year.
The sales growth was above The Toro's competitors average revenue growth of 7.52 %, recorded in the same quarter.

List of TTC Competitors

With net margin of 5.21 % company reported lower profitability than its competitors.

More on TTC Margin Comparisons

Revenue Growth Comparisons

Net Income Comparison

The Toro Company Net Income in 3 quarter 2019 declined year on year by -1.98 %, despite income growth by most of its competitors

<<  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.


Total Segment Market Share Q3 2019

Strong sales growth of 36.17 % in overall company contributed to The Toro Company increase in total revenue by 36.17 %

The Toro Company improved its market share in this segment, to approximate 30.86 %.

<<  More on TTC Market Share.

*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.

TTC's vs. Competition, Data

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

The Toro Company TTC 8,640 3,138 274 6,682
Briggs & Stratton Corp BGG 146 1,996 -28 5,480
Deere & Co DE 52,192 38,366 3,130 59,623
Rowan Companies Plc RDC 1,379 1,120 -50 4,051
Cnh Industrial N.v. CNHI 11,849 50,894 2,002 69,207
Stanley Black & Decker, Inc. SWK 22,252 14,442 958 50,400
Fortune Brands Home & Security, Inc. FBHS 9,659 5,715 413 18,000
Newell Brands Inc NWL 7,374 7,412 -479 17,400
Emerson Electric Co. EMR 41,808 18,376 2,190 103,500
Alamo Group Inc. ALG 1,462 1,071 78 3,070
Agco Corp AGCO 5,212 9,225 374 19,600
Black & Decker Corp. BDK 0 0 0 0
Essendant Inc ESND 473 5,002 -135 6,400
Generac Holdings Inc. GNRC 7,079 2,185 259 4,202
Nidec Corp NJ 0 10,753 847 96,602
Regal Beloit Corp RBC 3,622 3,382 262 23,000
SUBTOTAL 173,146 173,075 10,095 487,217


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