The Toro Company (NYSE: TTC) is a globally leading manufacturer of turf maintenance, landscape construction, and irrigation solutions headquartered in Bloomington, Minnesota. Established as a traditional equipment maker, the company has successfully transitioned into a smart outdoor environment management leader. During fiscal year 2025, Toro generated approximately $4.75 billion in global revenue, positioning itself as a dominant force in both professional and residential outdoor equipment markets.
Core Business
Toro operates through two primary segments: the professional segment, which serves golf courses, sports venues, and municipal landscapes and accounts for roughly 75% of total revenue; and the residential segment, contributing the remaining 25%. The company produces a comprehensive portfolio of turf maintenance equipment including TimeCutter zero-turn radius mowers and PowerPlex lithium-powered handheld tools designed for both professional landscapers and homeowners.
In the smart technology space, Toro offers the Tempus smart irrigation system and the SMRT Logic smart gateway, which enables mobile application-based soil moisture monitoring and automated irrigation control. The landscape lighting portfolio includes Unique Lighting Systems premium outdoor lighting solutions for residential properties, featuring solar pathway lights and sensor-based intelligent lighting products. The company also maintains strong market positions in China's golf course irrigation and luxury residential gardening sectors, with growth driven by urban park development and high-end community smart renovation initiatives.
Global Presence
Toro operates 18 major manufacturing facilities worldwide, with North American production facilities located in Minnesota, Nebraska, and Texas, supplemented by additional capacity in Mexico, Romania, and Australia. The company employs more than 11,200 professionals globally, including a dedicated workforce of over 1,500 R&D engineers specializing in smart irrigation algorithms and advanced battery technology. This geographic footprint enables Toro to serve customers across North America, Europe, Asia-Pacific, and other key markets while maintaining efficient supply chain operations.
Key Strengths
Toro maintains world-class in-house manufacturing capabilities across die-casting, metal stamping, injection molding, and automated welding, with proprietary dust-free electronics facilities producing smart controllers. Strategic acquisitions including Unique Lighting Systems and Intimidator Group have delivered supply chain synergies, improving operational efficiency by approximately 15%. The company commands exceptional brand reputation with 4.5 out of 5.0 customer ratings on major retail platforms and serves as official equipment supplier to world-class venues including the Wimbledon Championships, reinforcing its position as the definitive industry benchmark for outdoor environment management solutions.
