The Toro Co (FRA:TO2) Retained Earnings : €1,358 Mil (As of Jan. 2024)

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What is The Toro Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Toro Co's retained earnings for the quarter that ended in Jan. 2024 was €1,358 Mil.

The Toro Co's quarterly retained earnings increased from Jul. 2023 (€1,269 Mil) to Oct. 2023 (€1,368 Mil) but then declined from Oct. 2023 (€1,368 Mil) to Jan. 2024 (€1,358 Mil).

The Toro Co's annual retained earnings increased from Oct. 2021 (€924 Mil) to Oct. 2022 (€1,300 Mil) and increased from Oct. 2022 (€1,300 Mil) to Oct. 2023 (€1,368 Mil).

The Toro Co Retained Earnings Historical Data

The historical data trend for The Toro Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Toro Co Retained Earnings Chart

The Toro Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

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709.54

885.28

924.00

1,300.01

1,367.56

The Toro Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															1,269.96	1,354.36	1,269.07	1,367.56	1,357.63

The Toro Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

The Toro Co (FRA:TO2) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

The Toro Co (FRA:TO2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Toro Co (FRA:TO2) » Definitions » Retained Earnings

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TTC:USA

Address

8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196

Website

https://www.thetorocompany.com

The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.

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