THE TORO COMPANY
TTC · Industrials · $9.2B mkt cap · FY2025 filings · Narrow moat
On the watchlist
The four filters
Pricing power59
Median gross margin 34.2% over 10y, very stable.
Returns on capital100
Median ROIC 22.8%, above the 9% hurdle in 100% of years.
Balance-sheet safety53
Net debt/EBITDA 1.1x, interest coverage 7x.
Capital discipline74
Owner earnings +4.7%/yr, share count shrinking (buybacks).
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $409.9M
- Est. intrinsic value / share
- $46.53
- Recent price
- $94.13
- Discount to value
- 102% above value
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Moat Score history
Score history begins 2026-07-17. Check back as the record builds.
Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.