The Toro Company Named to Fortune’s List of World’s Most Admired Companies

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The Toro Company (NYSE: TTC) has been recognized by Fortune as one of the World’s Most Admired Companies for 2024, ranking fifth in the construction and farm machinery category. The company's commitment to excellence, innovation, and value creation has earned it this prestigious recognition. The World's Most Admired Companies list evaluates companies based on attributes such as innovation, social responsibility, quality of management, and global competitiveness. The Toro Company's consistent dedication to these principles has earned it a place among the world's most admired organizations. The 2024 list recognized 660 companies across 29 countries and 52 industries. The company has also been recognized for fostering a culture characterized by trust, integrity, and unmatched customer care, earning distinctions as one of the World’s Most Trustworthy Companies and the Most Trustworthy Companies in America for 2023 by Newsweek.

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, has been recognized by Fortune as one of the World’s Most Admired Companies for 2024. The Toro Company ranked fifth in the construction and farm machinery category.

Fortune recognizes The Toro Company as one of the World’s Most Admired Companies for 2024. (Graphic: Business Wire)

“We are honored to be recognized among the world's most highly regarded and respected companies,” said Richard Olson, chairman and chief executive officer. “To be included in such prestigious company reflects our unwavering commitment to excellence, innovation and value creation for our stakeholders. Behind this achievement is a team of exceptional individuals whose hard work and dedication have set us apart. We collectively celebrate this honor across our organization, and I would personally like to express my sincerest appreciation for the role our global employees and partners have played in achieving this recognition.”

The World's Most Admired Companies list by Fortune is a comprehensive ranking that evaluates companies across various industries based on key attributes such as innovation, social responsibility, quality of management, and global competitiveness. The Toro Company's consistent dedication to these principles has earned it a place among the world's most admired organizations.

To determine the companies with the strongest corporate reputation, Fortune partnered with Korn Ferry to conduct surveys among executives, directors and analysts who assess and rate enterprises within their own industries. The 2024 list recognized 660 companies across 29 countries and 52 industries.

The Toro Company continues to be recognized for fostering a culture characterized by trust, integrity and unmatched customer care – recently earning distinctions as one of the World’s Most Trustworthy Companies and the Most Trustworthy Companies in America for 2023 by Newsweek.

Click here to see the full list of the World’s Most Admired Companies in 2024.

About The Toro Company

The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.5 billion in fiscal 2023, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac, American Augers, Trencor, Pope, Subsite Electronics, HammerHead, Radius HDD, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240206023536/en/

Branden Happel

Senior Manager, Public Relations

(952) 887-8930, branden.happel@toro.com

Source: The Toro Company

FAQ

What is the ticker symbol for The Toro Company?

The ticker symbol for The Toro Company is TTC.

What recognition did The Toro Company receive from Fortune for 2024?

The Toro Company was recognized by Fortune as one of the World’s Most Admired Companies for 2024, ranking fifth in the construction and farm machinery category.

How is the World's Most Admired Companies list determined?

The World's Most Admired Companies list evaluates companies based on attributes such as innovation, social responsibility, quality of management, and global competitiveness. Fortune partnered with Korn Ferry to conduct surveys among executives, directors, and analysts to determine the companies with the strongest corporate reputation.

What other recognitions has The Toro Company received?

The Toro Company has also been recognized for fostering a culture characterized by trust, integrity, and unmatched customer care, earning distinctions as one of the World’s Most Trustworthy Companies and the Most Trustworthy Companies in America for 2023 by Newsweek.