Toro vs Titan International
Toro is the larger business, with $4.51bn of revenue in fiscal 2025 against $1.83bn for Titan International (2.5 times as much). Titan International grew faster (-0.9% against -1.6%). Toro kept more of each dollar of sales as profit: a net margin of 7.0% against -3.5%. Toro carries less debt relative to equity (63.4% against 114.3%).
| Latest fiscal year | ToroTTC, 2025 | Titan InternationalTWI, 2025 |
|---|---|---|
| Revenue | $4.51bn | $1.83bn |
| Revenue growth | -1.6% | -0.9% |
| Net income | $316m | −$63.5m |
| Operating margin | 9.1% | 1.1% |
| Net margin | 7.0% | -3.5% |
| Return on equity | 21.0% | -12.6% |
| Free cash flow | $578m | −$24.6m |
| Cash | $341m | $203m |
| Total debt | $922m | $588m |
| Debt to equity | 63.4% | 114.3% |
| Dividend per share | $1.52 | — |
| Dividend yield | 1.5% | — |
| Share buybacks | $290m | — |
| Employees | 9,791 | 8,200 |
| Market value | $10.21bn | $324m |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 78 (Strong) | 27 (Weak) |
| Insider trades, 12 months | 1 buys, 13 sales | 0 buys, 2 sales |