The Toro Company offers a broad range of outdoor power equipment brands for lawn care, landscaping, drainage, construction, and snow removal worldwide. Its products pair engineered hardware with practical design to perform tasks such as mowing, trenching, digging, and snow removal. It differentiates itself through a history spanning over a century and a global brand portfolio focused on real-world needs and caring customer relationships. The goal is to help people build, shape, and care for the world around them by delivering reliable, market-leading solutions that boost productivity across diverse industries.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Bloomington, Minnesota
Founded
1914
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Does battery-powered equipment pay off? Understanding total cost of ownership before making the investment. Sep 24, 2026 It's no secret that battery-powered outdoor power equipment has vastly improved since its introduction into the green industry. So, why don't you see battery-powered equipment on every landscaping job yet? Before more landscapers readily adopt these machines across their fleets, they need to understand the return on investment. The key to evaluating battery-powered equipment is to look at how the costs of ownership shift over the life of the machine, viewing it as a long-term investment rather than just an upfront expense. Look beyond the purchase price. While businesses already budget for general maintenance and fuel costs, these ongoing operational burdens can be significantly offset by the long-term savings of electric power. By focusing on the total cost of ownership (TCO) over the product's lifetime, the perspective shifts from initial "sticker shock" or infrastructure needs toward the substantial operational ROI that battery-powered fleets provide. Online TCO calculators can help contractors estimate the potential operational ROI of investing in battery-powered equipment through variables specific to their business. Toro developed a Total Cost Calculator to help contractors estimate potential ROI. @AliFuat - stock.adobe.com * Current fuel and electricity costs * Equipment purchase prices (both gas and battery) * Financing term * Estimated annual operating hours * Annual maintenance costs for comparable gas equipment * Available rebates, incentives or tax credits Using those inputs, the calculator estimates the initial investment difference, projected annual operating savings, monthly savings and the estimated break-even point. Rather than focusing solely on the sticker price, contractors can see when lower fuel and maintenance costs begin offsetting the purchase price over time. Every operation is different, but having a data-driven estimate allows fleet managers to make purchasing decisions based on their own operating conditions. Plan your charging infrastructure. Charging infrastructure is another consideration when transitioning to battery-powered equipment, but it doesn't necessarily require a complete shop renovation. The most important consideration is balancing the electrical load across available circuits. Many commercial battery products can charge using electrical service already available in most facilities. Some options can charge using a standard 120-volt outlet rated for 15 or 20 amps, while larger equipment will require a dedicated 240-volt, 30-amp outlet with a neutral and ground wire for safe operation. Understanding these differences before purchasing equipment helps contractors anticipate any electrical upgrades that may be necessary. The most important consideration is balancing the electrical load across available circuits. Every circuit has a maximum capacity, so charging multiple machines on the same circuit without proper planning can overload breakers and prevent equipment from charging overnight. Check your electrical system. The Toro GrandStand Revolution can charge using a standard 120-volt outlet rated for 15 or 20 amps. The Z Master Revolution (pictured), will need a 240-volt, 30-amp outlet with a neutral and ground wire for safe operation.The Toro Company Before introducing battery-powered equipment to the fleet, landscape contractors should review their facility's electrical capacity by: * Identifying existing electrical loads throughout the shop. * Calculating the electrical demand of each charger. * Confirming sufficient capacity exists to charge equipment overnight. * Consulting a qualified electrician if additional circuits or service upgrades may be required. A quick review of your electrical service panel and a conversation with an electrician before purchasing equipment can help avoid unexpected installation costs and ensure your fleet is ready to work each morning. Beyond the financial benefits. The advantages of battery-powered equipment extend beyond operating costs. Battery-powered equipment reduces the fueling and routine engine maintenance associated with gas-powered equipment, helping crews spend more time on revenue-generating work. The right approach may not be a full fleet replacement but rather identifying where battery-powered equipment can deliver the greatest operational and financial benefits. Battery-powered equipment also operates significantly quieter than comparable gas models, making it easier to work in neighborhoods, municipalities, and commercial properties with strict noise ordinances. At the same time, zero engine exhaust emissions help contractors meet growing environmental requirements and position their businesses for customers seeking more sustainable landscaping practices. For many, the right approach may not be a full fleet replacement but rather identifying where battery-powered equipment can deliver the greatest operational and financial benefits. By evaluating TCO alongside facility charging requirements, contractors should be able to make more informed purchasing decisions based on long-term value - not just the initial purchase price. Stay in the Know Get industry news updates and product information to help you stay up to date. I accept that the data provided on this form will be processed, stored, and used in accordance with the terms set out in IRONMARKETS Privacy Policy. * By submitting your mobile number, you agree to receive text messages from IRONMARKETS regarding your subscriptions or other industry related information. You can opt-out anytime. Message & data rates may apply. View Mobile Terms. View Privacy Policy. Latest in Fleet Management
Toro Company appoints David Huml to board of directors in strategic leadership expansion. Home business Toro Company appoints David Huml to board of directors in strategic leadership expansion. The Toro Company has elected David Huml to its board of directors, adding seasoned executive leadership to the outdoor equipment manufacturer's governance structure. The appointment reinforces Toro's commitment to strategic oversight as the company navigates evolving market conditions in the professional and residential turf care equipment sectors. Huml brings extensive experience in manufacturing operations, strategic planning, and corporate leadership to the board position. His background in equipment manufacturing and distribution aligns with Toro's core business operations, which span professional grounds maintenance equipment, residential lawn and garden products, and irrigation systems. The company has not disclosed the effective date of the appointment or specific committee assignments for the new board member. The Bloomington, Minnesota-based manufacturer operates as a publicly traded corporation on the New York Stock Exchange under the ticker symbol TTC. With annual revenues exceeding three billion dollars, The Toro Company maintains significant market presence across commercial and residential outdoor equipment segments. The company's product portfolio includes zero-turn radius mowers, snow removal equipment, underground irrigation systems, and landscape contractor equipment. Board composition plays a critical role in corporate governance for publicly traded companies. Directors provide oversight of management decisions, strategic direction, and fiduciary responsibility to shareholders. The addition of executives with relevant industry experience strengthens governance capabilities and brings specialized knowledge to board deliberations. Toro's board expansion follows industry trends toward enhanced governance standards and diverse expertise among director candidates. Manufacturing companies face ongoing challenges including supply chain disruptions, raw material cost fluctuations, and shifting consumer demand patterns. Board members with operational experience provide valuable perspective on navigating these complexities while maintaining profitability and market position. The outdoor equipment industry has experienced significant growth in residential segments since 2020, driven by increased homeownership and property maintenance activity. Toro operates manufacturing facilities, distribution centers, and research facilities across North America, Europe, and Asia. The company employs approximately ten thousand people worldwide and maintains dealer networks serving professional contractors, golf courses, sports facilities, and residential customers. Product innovation and distribution efficiency remain key competitive factors in the equipment manufacturing sector. Corporate boards typically meet quarterly to review financial performance, strategic initiatives, risk management protocols, and executive compensation matters. Directors serve as independent oversight authorities ensuring management acts in shareholder interests while balancing stakeholder considerations including employees, customers, and community relationships. The average public company board includes nine to twelve directors with diverse backgrounds spanning finance, operations, technology, and industry-specific expertise. The outdoor power equipment market represents a sixty billion dollar global industry with steady growth projections. Professional landscape contractors, golf course operators, and municipal grounds departments constitute major customer segments for commercial-grade equipment. Residential consumers continue adopting premium lawn care products as property values and landscaping investments increase across suburban markets. Toro has maintained consistent dividend payments to shareholders while investing in product development and strategic acquisitions. The company's financial stability and market leadership position attract experienced executives to board service opportunities. Director compensation typically includes cash retainers, equity grants, and meeting fees structured to align director interests with long-term shareholder value creation. The appointment reflects standard corporate governance practices for publicly traded manufacturers seeking to maintain robust oversight structures. Board refreshment through new director additions ensures fresh perspectives while retaining institutional knowledge from longer-serving members. Shareholders benefit from governance structures that balance continuity with periodic renewal of board composition and expertise.
Toro Company has launched its first full-size, 24-inch Power Max HD two-stage snow blower, part of a four-model upgraded series that began shipping last autumn. The residential equipment features commercial-grade components including a 14-inch auger, heavy-duty frame, Never-Flat tyres and enhanced LED lighting in a compact format. The upgrade aims to bridge the gap between homeowner and professional-grade equipment, potentially strengthening Toro's position in snow and ice management. Alongside the launch, Toro raised its 2026 net sales growth guidance to 6.3-6.6%. Analysts project the company could reach $5.2 billion in revenue and $546.9 million in earnings by 2029, requiring 3.8% annual revenue growth. However, prolonged weak snowfall remains a key risk factor for the equipment manufacturer's performance.
Which brands make the best commercial zero-turn mowers? September 14, 2026 In this post... More topics... A good lawnmower is the backbone of a successful lawn care business. Commercial work places high demands on lawnmowers, and professional-grade mowers are up to the task. The right mower will provide quality lawn cutting, run reliably through the growing season, and be comfortable for you and your employees to use. While you'll likely need some walk-behind mowers in your fleet as well, zero-turn mowers are the top choice for commercial use. They offer speed and maneuverability to make mowing jobs go quickly and smoothly. This increases crew productivity. But not all mowers are created equal. When asked to rate top brands, landscape contractors consistently highlight Exmark, Toro, and Scag as the best zero-turn riding mowers. And for those looking for a battery-powered zero-turn mower, EGO has several quality options available. Top commercial gasoline-powered brands. In 2012 and again in 2015, Green Industry Pros asked their readers to rate top mower brands. In both surveys, Exmark, Scag, and Toro were the top three positively rated zero-turn mower brands. These three brands were also highly rated for stand-on mowers and commercial walk-behinds. Exmark's Lazer Z has been considered the gold standard in commercial-grade, zero-turn performance for over 30 years. It can reach a maximum speed of up to 10.5 mph. It provides powerful engine options, ergonomic design, and superior cutting capabilities with 48-inch, 52-inch, 60-inch, and 72-inch cutting decks. The stand-on Vertex models are also designed for landscape professionals. Toro's Z Master is their commercial-grade zero-turn mower series. A maximum speed of 10 mph and quality cutting decks ensure fast, clean work. These mowers feature a comfortable high-back suspension seat. It's available with 48-inch, 52-inch, and 60-inch cutting decks. For a stand-on commercial option, their Grandstand series offers 10 mph forward speed and reduced maintenance time with no hydraulic hoses, no daily/weekly grease points, and an engine designed for easy service access. The majority of Scag's mowers are commercial-grade. Turf Tiger II, Cheetah II, Tiger Cat II, and Patriot series mowers are all designed for the rigorous demands of commercial use. They are built tough and feature some of the fastest mowing speeds available, up to 12 mph for Turf Tiger II and Tiger Cat II and up to 16 mph for the Cheetah II mowers. Torsion-spring suspension seats adjust to each rider for maximum comfort. Available cutting deck sizes include 48-inch, 52-inch, 61-inch, and 72-inch. Scag also offers V-Ride stand-on mowers. Top commercial battery-powered brands. Battery power is catching on among Green Industry Pros, especially for hand-held tools. No emissions, quiet operation, lower maintenance, commercial-grade power from lithium-ion batteries, and saving money on fuel make battery-powered tools a great option for hand-held tools like trimmers, blowers, and edgers. For larger tools like lawn mowers, the cost-savings advantage is not as pronounced. According to Brandon Haley, Senior Project Manager, Grounds and Sustainability for SSC-Services for Education, there's a clear ROI benefit to purchasing battery-powered hand tools, but you might not get a great return on investment for larger equipment like a battery-powered zero-turn mower. However, there are still benefits to buying battery-powered lawnmowers, particularly environmental ones. If your company is committed to going green and using battery-powered mowers, there are good commercial options available that can do the job. EGO is one of the top-rated, top-recommended battery-exclusive brands. They offer several zero-turn riding mowers with 52-inch and 42-inch cutting decks and one lawn tractor. Stand-On or sit-on mowers. The term "zero-turn mowers" typically just refers to sit-on mowers. However, there are also stand-on commercial mowers with zero-turn performance. Stand-on riding mowers typically have a lower center of gravity than sit-on mowers. This means they're less likely to tip on slopes. Since the operator is standing, they also have greater visibility. Plus, stand-on mowers have a smaller footprint than sit-on mowers with the same deck size. The smaller footprint can be a big advantage for commercial fleets, where space on the equipment trailer is at a premium. Sit-on zero-turn mowers still have an advantage for large, wide-open properties. They're typically faster than stand-on mowers, though that does depend on the models you're comparing. The sit-on mowers can also be easier for operators to use, especially when mowing large commercial properties like a campus or golf course. Whether you choose sit-on or stand-on zero-turn mowers, Exmark, Scag, and Toro remain the top brands. Features of commercial mowers. The most important features to look for in commercial mowers are ones that improve durability, reliability, efficiency, and comfort. You need mowers that hold up to daily use, keep running reliably, get the job done efficiently, and are easy for your crews to use. Investing in mowers with quality engines and durable cutting decks is essential. The Exmark Lazer Z mower is available with powerful engine options, including Kohler and Kawasaki engines. Toro Z Master mowers feature Toro, Kawasaki, or Vanguard engines. Scag mowers feature Kohler, Kawasaki, or Vanguard engines. They also offer models with Kohler propane-powered engines and Kubota diesel engines. The Exmark Lazer Z mowers boast a heavy-duty, welded steel deck. Toro Z Master mowers use a 7-gauge steel TURBO FORCE(R) cutting deck. Scag commercial-grade mowers have two deck options, depending on the series. Velocity Plus(TM) decks deliver amazing cut quality, ultra-tough cast-iron spindles, and Tri-Plate construction to ensure solid performance and long life. The Hero(TM) Cutter Deck is an extra-strong, fully fabricated and welded deck with maintenance-free aluminum spindles. Where to buy professional grade mowers. When you buy from a local dealer, especially a dealer with a service center, you'll have access to parts, service, and support that you won't get with big-box stores. Expert technicians at the dealership can provide top-quality advice and repairs as needed. They can also help you narrow down your options when you're shopping for a new mower.
Toro's quiet residential rebound powers a two-decade dividend streak. The Toro Company's fiscal third-quarter results carried a small footnote that matters more than the headline 8.4% sales growth: its long-underperforming residential business finally turned a real profit. Segment earnings jumped to $12.4 million from just $3.7 million a year earlier, lifting the residential margin to 5.9% from 1.9%. For a company that has raised its dividend for more than two decades, a second profit engine finding its footing - even a small one - is the kind of structural shift patient investors should be watching closely. Toro's professional segment, which still accounts for roughly 83% of sales and nearly 95% of combined segment earnings, grew revenue 8.8% to $1.01 billion, but its margin slipped to 20.9% from 21.3% as higher material and manufacturing costs outpaced price increases. Management still felt confident enough to raise full-year sales-growth guidance to a range of 6.3% to 6.6%, up from a prior 4.0% to 6.5% band - narrower and higher, which typically signals conviction rather than hope. Hedge fund ownership dipped modestly to 34 funds from 37 the prior quarter, a sign institutional investors are watching the margin trade-off rather than rushing in. The real question for patient capital is durability. Part of residential's 400-basis-point margin improvement came from the absence of last year's inventory-valuation charges, meaning some of that gain won't repeat. Professional's cost pressure is a live issue too, with pricing and productivity gains only partially offsetting higher input costs. Still, a company with Toro's dividend track record and diversified end markets - turf care, snow removal, and now a stabilizing residential arm - has earned some benefit of the doubt on execution. So what for long-term investors: Toro isn't a moonshot, but it's a useful case study in why patient capital gets rewarded - a steady dividend grower quietly repairing its weakest segment while its stronger one absorbs short-term cost pressure. The number worth tracking next quarter is whether residential's margin gains hold once the easy year-over-year comparisons disappear. That will separate a genuine turnaround from a one-quarter blip.