Toro Company (The) Common Stock (TTC)

Competitors to Toro Company (The) Common Stock (TTC)

Briggs & Stratton Corporation

Briggs & Stratton Corporation primarily competes with Toro in the small engine market for outdoor power equipment, providing engines used in various lawn care products. While Briggs & Stratton is a significant supplier of engines used in Toro’s products, they also offer a range of their own lawn equipment, creating direct competition. However, Toro's design and manufacturing capabilities provide an advantage in developing integrated products that enhance overall efficiency and performance, setting them apart in the lawn and garden tools market.

Exmark Manufacturing Company

Exmark, a subsidiary of Ariens Company, specializes in commercial-grade lawn mowers, competing directly with Toro’s commercial turf products. Both companies focus on enhancing efficiency and performance in landscaping solutions. Exmark is known for its zero-turn mowers and has significant market share among professional landscapers, providing it with a competitive edge in the commercial segment. Toro, however, maintains robust product innovation and brand equity, particularly in landscaping for sports fields and golf courses, giving it a distinct competitive advantage in that niche.

Husqvarna Group

Husqvarna Group competes with Toro primarily in the lawn and garden equipment sector, offering a wide range of products including robotic mowers and commercial landscaping tools. Both companies target similar customer bases, including residential and commercial users. Husqvarna leverages its extensive global presence and strong brand recognition in outdoor power products, which gives it a competitive edge in markets outside of North America. However, Toro has a strong reputation for quality and innovation, particularly in professional turf maintenance.

John Deere 

John Deere is one of the largest and most well-known manufacturers of agricultural and landscaping equipment. Competing with Toro involves overlapping in areas such as riding lawn mowers, commercial and residential landscaping equipment, and irrigation products. John Deere has a significant competitive advantage due to its vast dealer network, brand loyalty, and extensive product offerings that include tractors and agricultural machinery, which Toro does not compete in as intensely. This broad reach allows John Deere to capture a larger segment of the market.

Stihl Inc.

Stihl Inc. competes with Toro in the outdoor power equipment market, providing products such as chainsaws, blowers, and trimmers. While Toro primarily focuses on lawn care and irrigation systems, Stihl's strong brand presence and reputation in handheld equipment offer a competitive challenge. Stihl has a well-established dealer network that enhances customer access and service, giving it an advantage in the handheld segment. However, Toro's innovation in product lines specifically designed for lawn care gives it a unique standing.