Toro (TTC) Interest Coverage Ratio (2009 - 2026)
Toro's Interest Coverage Ratio was 8.35 in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 94.5% from 4.29 a year earlier but down 36.6% from the prior quarter.
Toro (TTC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Toro's Interest Coverage Ratio was 8.75 through Jul 31, 2026, up 23.9% year-over-year; for FY2025 (ended Oct 31, 2025), it was 6.94, down 19.5% from FY2024.
- In earlier fiscal years, Interest Coverage Ratio was 8.62 in FY2024 (+17.4%), 7.34 in FY2023 (-54.5%), 16.13 in FY2022 (-10.7%) and 18.06 in FY2021 (+40.4%).
- Quarterly Interest Coverage Ratio has moved between -1.27 (fiscal Q3 2023) and 21.26 (fiscal Q2 2022) over five years.
- Compared with a year earlier, Interest Coverage Ratio has increased for three straight quarters, with growth averaging 9.9% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q3 2026 (growth of 94.5%); the worst was fiscal Q3 2025 (a decline of 58.0%).
- Per Business Quant data, TTC's Interest Coverage Ratio in the three fiscal quarters before Q3 2026 was 13.18 (Q2 2026), 6.13 (Q1 2026) and 7.01 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 14.52 |
| 10 | Toro | 9.19 Bn | 8.30 Bn | 418.10 Mn | 8.35 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 8.35 |
| May 1, 2026 | 13.18 |
| Jan 30, 2026 | 6.13 |
| Oct 31, 2025 | 7.01 |
| Aug 1, 2025 | 4.29 |
| May 2, 2025 | 11.06 |
| Jan 31, 2025 | 5.19 |
| Oct 31, 2024 | 7.52 |
| Aug 2, 2024 | 10.21 |
| May 3, 2024 | 11.23 |
| Feb 2, 2024 | 5.47 |
| Oct 31, 2023 | 6.35 |
| Aug 4, 2023 | -1.27 |
| May 5, 2023 | 14.88 |
| Feb 3, 2023 | 9.67 |
| Oct 31, 2022 | 13.10 |
| Jul 29, 2022 | 17.76 |
| Apr 29, 2022 | 21.26 |
| Jan 28, 2022 | 13.07 |
| Oct 31, 2021 | 10.54 |
Toro Interest Coverage 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=interest-coverage-ratio&ticker=TTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=TTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();