Toro (TTC) Asset Utilization Ratio (2010 - 2026)
Toro's (TTC) Asset Utilization Ratio came in at 1.31 for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 6.1% from 1.24 a year earlier and up 4.4% from the prior quarter.
Toro (TTC) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Toro's Asset Utilization Ratio stood at 1.28, up 1.3% from FY2024.
- In prior fiscal years, Toro's Asset Utilization Ratio was 1.27 in FY2024 (+0.3%), 1.26 in FY2023 (-9.1%), 1.39 in FY2022 (+1.7%) and 1.37 in FY2021 (+4.9%).
- The fiscal Q3 2026 figure stands as the highest quarterly Asset Utilization Ratio since fiscal Q4 2021.
- On a year-over-year basis, Asset Utilization Ratio has increased in each of the last seven quarters, with growth averaging 3.7% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q4 2021, with growth of 12.5%; the weakest was fiscal Q2 2024, with a decline of 11.5%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 1.26 (Q2 2026), 1.27 (Q1 2026) and 1.30 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 1.01 |
| 10 | Toro | 9.19 Bn | 8.30 Bn | 418.10 Mn | 1.31 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.31 |
| May 1, 2026 | 1.26 |
| Jan 30, 2026 | 1.27 |
| Oct 31, 2025 | 1.30 |
| Aug 1, 2025 | 1.24 |
| May 2, 2025 | 1.21 |
| Jan 31, 2025 | 1.26 |
| Oct 31, 2024 | 1.25 |
| Aug 2, 2024 | 1.18 |
| May 3, 2024 | 1.15 |
| Feb 2, 2024 | 1.18 |
| Oct 31, 2023 | 1.26 |
| Aug 4, 2023 | 1.29 |
| May 5, 2023 | 1.30 |
| Feb 3, 2023 | 1.31 |
| Oct 31, 2022 | 1.29 |
| Jul 29, 2022 | 1.24 |
| Apr 29, 2022 | 1.22 |
| Jan 28, 2022 | 1.30 |
| Oct 31, 2021 | 1.34 |
Toro Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();