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The Toro Company (TTC) investor relations material
The Toro Company Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved $4.51 billion in net sales for fiscal 2025, with $3.62 billion from the professional segment and $0.86 billion from the residential segment; adjusted EPS was $4.20 per share.
Paid a $0.38 per share quarterly dividend, a 5.6% increase over the prior year, and announced a $0.39 per share dividend for fiscal 2026.
Invested $162.3 million in R&D, focusing on alternative power, smart-connected products, and autonomous solutions.
Released the Fiscal 2024 Sustainability Report, aligning with six UN Sustainable Development Goals and conducting an ESG double materiality assessment.
Voting matters and shareholder proposals
Election of three directors for three-year terms ending at the 2029 annual meeting.
Ratification of KPMG LLP as independent auditor for fiscal 2026.
Advisory approval of executive compensation (say-on-pay).
Approval of the 2026 Equity Plan.
Approval of amendments to the certificate of incorporation to limit officer liability and reduce par value of capital stock from $1.00 to $0.01 per share.
Board of directors and corporate governance
Board consists of nine directors, divided into three staggered classes, with a mix of tenures and diverse backgrounds.
All committees are composed of independent directors; the Lead Independent Director is Gary L. Ellis.
Annual board and committee self-evaluations, director resignation policy, and robust onboarding and continuing education programs.
No poison pill; strong stockholder engagement and anti-hedging/pledging policies.
- TimeTickerHeadlineOpen
- 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and strategic spin-offs for future growth. - 6 FebCRI
H1 2025 saw a return to profit, record revenues, and strong cash from major space projects. - 6 FebSCW
Q2 2025 revenue up 120% y/y, driven by record Asian contract and backlog growth. - 6 FebSCW
Revenue up 89% y/y, record backlog, and new strategy for European optical payload leadership. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, driven by major space contracts. - 6 FebSCW
Space segment drives 29% revenue growth, strong backlog and contracts support 2025 outlook. - 6 FebSCW
73% revenue growth, record backlog, and major space contracts drive expansion and investment. - 6 FebPENG
All proposals passed, with no questions raised and results to be filed on Form 8-K. - 6 FebSCW
Q1 2025 revenue surged 97% year-over-year, with strong backlog and new contracts secured. - 6 FebCRI
Revenue up sharply, net loss reduced, and strong cash inflow from share issue and contracts.
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