Toro

Toro Competitive Intelligence & Landscape

toro.com ·

Overview

Toro Overview

The Toro Company, established in 1914, is a global provider of innovative solutions for the outdoor environment cdn2.toro.com/en/-/media/Files/Toro/About/corporate-fact-sheet. Headquartered at 8111 Lyndale Avenue South, Bloomington, MN 55420, Toro offers products and services in turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions www.toro.com/en/about, www.toro.com/en/customer-support/contact/sourcing.

Toro's core product offerings encompass a wide array of equipment for homeowners, golf courses, professional contractors, sports fields and grounds, agriculture, and rental businesses www.toro.com/en. This includes lawn mowers, golf equipment (such as greens mowers, fairway mowers, and utility vehicles), landscape equipment, irrigation systems, snow blowers, compact utility loaders, and tree care equipment. They also provide digital solutions and genuine parts for their products.

The company's target market is diverse, catering to individual homeowners seeking ease in yard clean-up, professional contractors requiring high-quality and precise equipment, and golf course professionals, sports field managers, and agricultural businesses needing robust and innovative solutions www.toro.com/en-GB.

Toro operates through a strong network of distributors, dealers, and retailers, serving customers in over 125 countries cdn2.toro.com/en/-/media/Files/Toro/About/corporate-fact-sheet.

Toro's purpose is to help its customers enrich the beauty, productivity, and sustainability of the land www.toro.com/en/brand-manager/the-toro-brand/defining-the-toro-brand. Their vision is to be the most trusted leader in solutions for the outdoor environment. This commitment is underpinned by a legacy of excellence, transparency, and high ethical standards, aiming to foster long-lasting relationships with employees, customers, and stakeholders www.toro.com/en/supplier-registration/supplier-information/about-toro.

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Competitors

Toro Competitors

Toro (toro.com) faces competition from several key players in the outdoor environment solutions market. One major competitor is John Deere, known for its extensive range of agricultural, construction, and turf care equipment. While Toro specializes in turf and landscape maintenance, snow and ice management, and irrigation, John Deere offers a broader portfolio, potentially giving it an edge in market share across various sectors [https://www.owler.com/company/thetorocompany/competitors].

AGCO Corporation is another significant competitor to Toro.

AGCO is a global manufacturer and distributor of agricultural equipment, focusing on tractors, combines, and other farm machinery. This positions AGCO as a direct competitor in the agriculture and professional contractor segments, particularly with Toro's offerings in irrigation and compact utility loaders [https://www.comparably.com/companies/toro/competitors].

Husqvarna is a key competitor in homeowner and professional contractor segments, particularly for lawn mowers, chainsaws, and other outdoor power products.

Husqvarna often competes with Toro on features and pricing for residential and light commercial equipment, where Toro also has a strong presence with its range of lawn mowers and yard tools [https://www.comparably.com/companies/toro/competitors].

MTD Products also competes with Toro in the outdoor power equipment market, offering brands like Cub Cadet and Troy-Bilt.

MTD Products typically provides a wide array of lawn mowers, snow blowers, and outdoor power equipment, often at competitive price points. This positions them against Toro's homeowner and professional contractor lines, where both companies vie for market share in accessible and feature-rich equipment [https://www.comparably.com/companies/toro/competitors].

Product & Pricing

Toro Product and Pricing Intelligence

Toro (toro.com) offers a diverse range of products across homeowner, golf, professional contractor, sports fields & grounds, agriculture, rental, and government segments, with varying pricing structures. For residential and commercial irrigation products, Toro and Irritrol released a suggested list price for 2026, effective January 19, 2026, which includes items like the 570Z spray bodies, with prices ranging from $3.45 for a 4" spray body to $13.75 for a 6" spray body with a side inlet [https://specifier.toro.com/manuals/toro-irritrol_pricelist_2025.pdf]. This reflects an increase from their 2022 prices, where a 570Z 4" spray body was $2.95 and a 6" spray body with side inlet was not explicitly listed but similar items were priced lower [https://cdn2.toro.com/en/-/media/Files/Toro/professional-contractor/Literature/TORO%20ResCom-Price%20List]. Similarly, Unique Lighting Systems, a Toro company, updated its landscape lighting product prices, with the 2025 suggested list prices for items like the APOLLO COMP 12V LED well light at $373.48, effective May 1, 2025 [https://www.specifier.toro.com/manuals/unique_pricelist_2025.pdf]. This also marks an increase from the 2024 prices, where the same well light was $362.60, effective January 15, 2024 [https://specifier.toro.com/manuals/unique_pricelist_2024.pdf].

For homeowners, Toro offers individual products like the 60V MAX* 2-Tool Combo Kit, which includes a 490 CFM Leaf Blower and a 13-inch String Trimmer with a 2.0Ah Battery, priced at $319.99 USD [https://www.toro.com/en/product/51881?bvstate=pg%3A2%2Fct%3Ar]. This kit features the Flex-Force Power System® with an interchangeable battery. Gas lawn mowers, such as the 21 in. Recycler® Self-Propel Gas Lawn Mower (Model: 21352), are also available [https://www.toro.com/en/product/21352]. While specific pricing plans for all products are not uniformly displayed, Toro does offer special financing promotions through participating independent dealers to make purchasing easier and more affordable [https://www.toro.com/en/financing/lawn-and-garden-equipment].

In terms of digital solutions, Toro provides Intelli360®, a data-driven digital toolbox designed to help professional users manage their fleet, staff, and resources more efficiently. This platform allows users to monitor equipment location, operating status, hours, and maintenance needs, as well as create work orders and schedule labor in one convenient place [https://www.toro.com/Intelli360]. While the homepage states it is "Available fr" implying a subscription or purchase, details on free vs. paid tiers and specific pricing for Intelli360® are not publicly detailed on the main product page.

Toro also emphasizes features like the MyRIDE® Suspension System and IronForged® Fabricated Deck in its riding mowers, which are value-added features integrated into the product pricing [https://cdn2.toro.com/en/-/media/Files/Toro/Homeowner/zero-turn-mowers/2026/Toro-2026-Zero-Turn-Mowers-Product-Brochure].

Ad Campaigns

Toro Ad Campaigns

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Hiring & Layoffs

Toro Hiring and Layoffs

Toro actively focuses on workforce development and career opportunities within the turf industry, indicating a strategic investment in talent. The company highlights that the turf industry offers numerous avenues for building technical and professional skills, with Toro Company itself providing career paths [https://videoshare.toro.com/watch/wRJnb91rqTFMdSwTa9tdWZ]. This commitment is further demonstrated by their dedicated "Careers" section on toro.com [https://www.toro.com/en/search], which serves as a central hub for prospective employees.

In a significant move to address workforce needs and foster new talent, The Toro Company and the National Recreation and Park Association (NRPA) partnered in January 2024 on a "New Workforce Pathways for Youth Initiative" [https://newsroom.toro.com/en/news/2024-us/01-21-2024-nrpa-and-toro-partner-on-new-workforce-pathways-for-youth-initiative]. This initiative is bolstered by a substantial $2 million grant from the U.S. Department of Labor, aiming to connect young individuals with various career opportunities. This partnership underscores Toro's proactive approach to talent acquisition and its broader commitment to supporting community and professional growth within its sector.

While specific details on recent layoffs are not explicitly mentioned in the provided sources, Toro's ongoing emphasis on dealer networks and supplier relationships suggests a stable and growing operational framework. The company seeks to pre-qualify potential dealers, including asking about employee numbers, indicating a structured growth strategy for its sales and distribution channels [https://www.toro.com/en/become-a-dealer]. This sustained focus on expanding its network and investing in future talent through initiatives like the NRPA partnership signals a strategic intent to maintain and enhance its workforce, rather than a pattern of reductions.

Leadership

Toro Management and Leadership Team

Toro (toro.com) is led by Richard M. Olson, who serves as both Chairman and Chief Executive Officer. Olson's leadership emphasizes sustainability as a core aspect of the company's operations, innovation, and growth strategy, a commitment highlighted in various reports and statements from The Toro Company [newsroom.toro.com/en/news/2026-us/ttc-releases-global-sustainability-impact-report-2025]. He has consistently underscored the importance of responsible practices and innovative solutions for creating a positive impact for both people and the planet [newsroom.toro.com/en/news/2025-us/06-17-25-ttc-releases-2024-sustainability-impact-report].

Under Olson's guidance, Toro has focused on an enterprise-wide sustainability strategy, with a cross-functional leadership team established in fiscal 2019 to further develop and implement these initiatives [newsroom.toro.com/en/news/2020-us/07-29-2020-sustainability-endures]. This dedication to sustainability is viewed as integral to the company's purpose and culture, aiming for a transparent and integrated approach to progress [newsroom.toro.com/en/news/2022-us/06-28-2022-sustainability-report]. The company's commitment to high moral, ethical, and legal standards is also central to its operations, fostering long-lasting relationships with employees, customers, and stakeholders [www.toro.com/en/supplier-registration/supplier-information/about-toro].

In recent leadership changes, Tom Werner was appointed as the new General Manager for Toro's Sitework Systems business on September 3, 2025 [newsroom.toro.com/en/news/2025-us/09-03-25-tom-werner-named-siteworks-general-manager]. Werner brings extensive experience and a proven track record to this division, known for introducing the compact utility loader. This appointment reflects Toro's ongoing efforts to strengthen its leadership in key business areas.

The Toro Company maintains its headquarters in Bloomington, Minnesota, and operates globally, with approximately 6,800 employees worldwide as of October 31, 2018 [cdn2.toro.com/en/-/media/Files/Toro/About/corporate-fact-sheet]. The company's UK subsidiary, Toro U.K. Limited, headquartered in Hertfordshire, United Kingdom, also plays a significant role, with its Board of Directors approving statements on modern slavery in compliance with regulations [cdn2.toro.com/en/-/media/Files/Toro/Legal/TTC-Statement-on-Modern-Slavery-2024.ashx?hash=00AE2A1910D3A12340A934E6D2311AAA2D277E03&la=en].

Financials

Toro Financial Performance, Fundraising, M&A

Toro (toro.com) demonstrates a solid financial standing, reporting revenues of $2.6 billion as of October 31, 2018, and employing approximately 6,800 individuals worldwide in the same period [cdn2.toro.com/en/-/media/Files/Toro/About/corporate-fact-sheet]. The company is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol TTC [newsroom.toro.com/en/news/2026-us/ttc-releases-global-sustainability-impact-report-2025].

Toro offers extensive financing options to its customers, catering to homeowners, professional contractors, and even for online sales [toro.com/en/financing]. These programs make purchasing Toro products more accessible, with financing solutions available through participating independent dealers. Options include revolving charge accounts (Toro Credit Card through Synchrony) and installment loan programs (Sheffield Financial) [toro.com/en/financing/lawn-and-garden-equipment].

For professional contractors, Toro provides specialized financing, often through partners like Synchrony Bank, Western Financial, Sheffield Financial, and Roadrunner, allowing for greater buying power and helping businesses manage their capital and operating budgets [toro.com/en/financing/professional-contractor-equipment]. These flexible programs are designed to facilitate larger projects and cultivate customer bases, ultimately contributing to increased profitability for contractors [toro.com/en/financing/irrigation-contractor].

Toro also offers direct credit accounts for businesses purchasing goods or services, with specific terms for payments [manageaccounts.toro.com/sites/pub/pages/CreditAndTaxTerms.aspx].

Partnerships

Toro Partnerships, Clients and Vendors

Toro (toro.com) actively cultivates a robust network of partnerships and client relationships across its diverse product lines, emphasizing innovation in turf care and irrigation. A key collaboration includes an exclusive partnership with TerraRad to introduce Spatial Adjust software for precision irrigation control, specifically integrated with the Toro Lynx® Central Control platform for golf courses [newsroom.toro.com/en/news/2025-us/02-05-25-toro-and-terrarad-partner-on-soil-moisture-software-gcsaa-show] [newsroom.toro.com/en/news/2025-us/11-18-25-toro-revolutionizes-golf-course-irrigation-with-spatial-adjust-software]. Additionally, Toro partnered with Treetoscope Ltd. to provide direct plant sensing technology to support advanced irrigation solutions [newsroom.toro.com/en/news/2022-us/12-09-2022-treetoscope-partnership].

In the agricultural sector, Toro has teamed up with Idromeccanica Lucchini to offer precision irrigation for smart greenhouses, exemplified by their work for eco-sustainable textile dye manufacturer New Generation Farm (NGF) [newsroom.toro.com/en-gb/news/2025-intl/09-04-2025-ttc-collaboration-intl-en-gb]. For its homeowner and professional contractor segments, Toro has an expanded partnership with True Value Company, granting True Value's independent retailers access to Toro's Flex-Force® 60V outdoor power equipment [newsroom.toro.com/en/news/2022-us/09-23-2022-true-value]. Furthermore, Toro has partnered with Call2Recycle to implement a battery recycling program, underscoring its commitment to environmental stewardship [newsroom.toro.com/en/news/2025-us/02-25-25-toro-partners-with-call2recycle-on-battery-recycling-program].

Toro's enterprise clients include renowned golf destinations such as Pebble Beach Resorts, which has a long-term agreement naming Toro as the Official Supplier of turf care maintenance equipment for its famous golf courses, including Pebble Beach Golf Links and Spyglass Hill Golf Course [newsroom.toro.com/en/news/2021-us/02-02-2021-pebble-beach-resorts-agreement].

Toro also renewed its 3-year partnership as the exclusive turf equipment and irrigation sponsor of Asian Tour Destinations (ATD), a network of world-class golf venues across Asia established by Asian Tour Limited [newsroom.toro.com/en-gb/news/2025-intl/11-5-25%20toro%20partners%20with%20adt].

Technology integrations are also central to Toro's ecosystem. The Horizon360 software, which is part of Toro's offerings for contractors, has partnered with EVO Payments, a global provider of payment technology, to ensure secure payment processing within the software suite [newsroom.toro.com/en/news/2022-us/06-28-2022-horizon-360]. Additionally, Toro's Intelli360 platform integrates with IntelliDash®, providing users with comprehensive data from Toro and third-party widgets for weather, radar, and evapotranspiration forecasts [www.toro.com/Intelli360].

Events

Toro Event Participations

Toro actively participates in and hosts various events, demonstrating its commitment to education, innovation, and industry engagement. The company regularly attends major trade shows, such as the Golf Industry Show, where it has historically offered program information and registration opportunities [media.toro.com/torouevents/register/events.html].

Toro also showcases its latest innovations at events like the World Of Concrete (WOC), with plans to exhibit at WOC 2026 to present a full range of equipment for concrete and construction jobsites, including compact utility loaders and electric models [toro.com/en/woc]. Additionally, Toro is a notable presence at the ARA Show, positioning itself as a key partner for rental success by providing innovative solutions [toro.com/en/ara].

Beyond large-scale exhibitions, Toro engages in specialized events such as the Sports Field Management Association (SFMA) Conference and Exhibition, where in 2025, it introduced new autonomous turf products like the Turf Pro™ 500/300 and Range Pro™ 100 [newsroom.toro.com/en/news/2025-us/01-17-25-toro-showcases-new-autonomous-turf-pro-and-range-pro-products-at-sfma-conference-2025]. The company also makes significant announcements at international events like BTME, where in 2026, it unveiled the all-electric GreensPro® e1700 and the Workman® LTX utility vehicle, highlighting advancements in turf care and utility solutions [newsroom.toro.com/en-gb/news/2026-intl/btme-1-19-2026].

Toro emphasizes education and training through various initiatives. It hosts online learning web conferences for technical service updates, with past subjects including various product discussions [media.toro.com/torouevents/register/webconf.html]. The company also conducts Factory Service Schools and offers specialized training for its NSN® Irrigation Central Control Systems, with classes taught in various areas to maximize irrigation investment [media.toro.com/torouevents/register/events.html, toro.com/en/irrigation/nsn/training]. Furthermore, Toro supports the academic community by showcasing innovations to university groups at events like the GCSAA Show, reflecting its mission to foster education and build relationships within academia [newsroom.toro.com/en/news/2026-us/toro-showcases-innovations-to-university-groups-at-gcsaa-show].

Toro also sponsors and participates in community-focused events, such as the Greater & Greener 2026 international urban parks conference, where it presents the Toro Company Urban Park Innovation Award in partnership with City Parks Alliance. This award recognizes excellence and innovation in urban park management and practices, underscoring Toro's commitment to supporting green spaces and urban development [newsroom.toro.com/en]. The company’s comprehensive approach to event participation highlights its dedication to product innovation, customer education, and industry leadership.

Frequently Asked Questions

What is Toro's strategic focus in product development and market positioning, as indicated by its recent event participation and product announcements?

Toro is strategically focused on innovation in autonomous and electric turf care, as well as expanding its presence in the construction and utility sectors. This is evident from its introduction of autonomous turf products like the Turf Pro™ 500/300 and Range Pro™ 100 at the SFMA Conference in 2025, and the unveiling of all-electric models like the GreensPro® e1700 and Workman® LTX utility vehicle at BTME 2026. Toro also plans to showcase a full range of equipment for concrete and construction jobsites, including compact utility loaders and electric models, at WOC 2026.

How is Toro addressing talent acquisition and workforce development within its industry?

Toro is proactively addressing talent acquisition and workforce development through significant partnerships and initiatives. In January 2024, The Toro Company and the National Recreation and Park Association (NRPA) partnered on a "New Workforce Pathways for Youth Initiative" backed by a $2 million grant from the U.S. Department of Labor, aiming to connect young individuals with career opportunities. This indicates a strategic investment in fostering new talent for the turf industry.

What is the financial state of Toro, based on the provided information, and what financing options does it offer?

Toro demonstrates a solid financial standing with reported revenues of $2.6 billion as of October 31, 2018, and is publicly traded on the NYSE under the ticker symbol TTC. The company offers extensive financing options for homeowners and professional contractors, including revolving charge accounts (Toro Credit Card through Synchrony) and installment loan programs (Sheffield Financial, Western Financial, Roadrunner), designed to make product purchases more accessible and support business capital management.

What strategic priorities does CEO Richard M. Olson emphasize for Toro, and how are these reflected in company operations?

Under Chairman and CEO Richard M. Olson, Toro emphasizes sustainability as a core aspect of its operations, innovation, and growth strategy. This commitment is highlighted by an enterprise-wide sustainability strategy, with a cross-functional leadership team established in fiscal 2019 to implement these initiatives. Olson views sustainability as integral to the company's purpose and culture, aiming for transparent and integrated progress.

How does Toro differentiate its products and services in a competitive market, particularly against alternatives like John Deere and Yarbo?

Toro differentiates itself by emphasizing precision engineering for a perfect cut and a strong all-around residential experience, in contrast to John Deere's focus on robust equipment for extensive use on large properties. Against robotic solutions like Yarbo, which offers a modular, multi-functional yard robot system for various seasons, Toro provides a broader range of traditional and advanced autonomous turf products, including specialized solutions for golf courses and professional contractors.

What kind of strategic partnerships has Toro established, and what do they indicate about the company's direction?

Toro has established strategic partnerships focused on precision technology, sustainability, and market expansion. Collaborations with TerraRad for Spatial Adjust software and Treetoscope Ltd. for direct plant sensing technology indicate a move towards advanced irrigation solutions. Partnerships with True Value Company for Flex-Force® 60V outdoor power equipment and Call2Recycle for battery recycling highlight efforts in distribution and environmental stewardship, while long-term agreements with clients like Pebble Beach Resorts underscore its leadership in professional turf care.

What is Toro's approach to pricing its products, and how have recent pricing adjustments affected its various market segments?

Toro implements a segmented pricing strategy, with suggested list prices for residential and commercial irrigation products, and landscape lighting systems. Recent adjustments show price increases, such as the 570Z spray bodies increasing from $2.95 (2022) to $3.45 (2026) for a 4" model, and Unique Lighting Systems' APOLLO COMP 12V LED well light rising from $362.60 (2024) to $373.48 (2025). For homeowners, products like the 60V MAX* 2-Tool Combo Kit are priced at $319.99 USD, often supported by special financing promotions through dealers.

What types of professional training and educational initiatives does Toro offer, and what is their purpose?

Toro offers various professional training and educational initiatives, including online learning web conferences for technical service updates, Factory Service Schools, and specialized training for its NSN® Irrigation Central Control Systems. These programs aim to maximize irrigation investment, foster education, and build relationships within academia, as evidenced by showcases to university groups at events like the GCSAA Show.

Who are Toro's primary competitors in the outdoor environment solutions market, and where do their offerings overlap or diverge?

Toro's primary competitors include John Deere, AGCO Corporation, Husqvarna, and MTD Products. John Deere offers a broader portfolio across agriculture, construction, and turf care, potentially challenging Toro in market share. AGCO specializes in agricultural equipment, competing with Toro in agriculture and professional contractor segments. Husqvarna and MTD Products compete with Toro in homeowner and professional contractor segments, particularly for lawn mowers and outdoor power equipment, often at competitive price points.

What strategic leadership changes have occurred recently at Toro, and what do they signify for specific business areas?

Tom Werner was appointed as the new General Manager for Toro's Sitework Systems business on September 3, 2025. This appointment signifies Toro's ongoing efforts to strengthen its leadership in key business areas, particularly within its Sitework Systems division, which is known for introducing the compact utility loader and is crucial for construction and utility jobsites.

How does Toro leverage digital solutions to support its professional customers, and what functionalities do these platforms offer?

Toro leverages digital solutions like Intelli360® to support professional customers by providing a data-driven digital toolbox for efficient fleet, staff, and resource management. This platform allows users to monitor equipment location, operating status, hours, and maintenance needs, as well as create work orders and schedule labor. It also integrates with IntelliDash® for comprehensive data from Toro and third-party widgets, including weather and evapotranspiration forecasts.

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