Toromont Industries Ltd. (TSX:TIH)
Canada
· Delayed Price · Currency is CAD | Market Cap | 17.20B |
| Revenue (ttm) | 5.20B |
| Net Income (ttm) | 496.59M |
| Shares Out | 81.53M |
| EPS (ttm) | 6.07 |
| PE Ratio | 34.76 |
| Forward PE | 29.61 |
| Dividend | 2.24 (1.06%) |
| Ex-Dividend Date | Mar 6, 2026 |
| Volume | 250,264 |
| Average Volume | 222,922 |
| Open | 210.94 |
| Previous Close | 210.98 |
| Day's Range | 207.84 - 211.57 |
| 52-Week Range | 108.51 - 215.58 |
| Beta | 0.97 |
| RSI | 56.05 |
| Earnings Date | Apr 28, 2026 |
About Toromont Industries
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the supply and rent business; providing product support services for specialized mobile equipment, industrial engines, material handling lift trucks, and heavy equipment rentals; designing and fabricating power generation and storage enclosures; suppling control systems for specialized mobile equipment; and developing distributed generato... [Read more]
Financial Performance
In 2025, Toromont Industries's revenue was 5.20 billion, an increase of 3.62% compared to the previous year's 5.02 billion. Earnings were 496.59 million, a decrease of -1.96%.
Financial StatementsNews
Toromont Industries Earnings Call Transcript: Q4 2025
Q4 and full-year revenue grew, driven by strong Equipment Group and Cimco performance, with backlog at record levels. AVL acquisition boosted revenue but added significant non-cash expenses, while a 7.7% dividend increase was approved.
Toromont Industries Earnings Call Transcript: Q3 2025
Q3 saw net income growth aided by a property sale, while revenue declined 2% due to lower new equipment sales, especially in mining. Backlog remains strong at $1.3B, and CIMCO delivered double-digit growth. AVL integration and facility ramp-ups are progressing as planned.
Toromont Industries Earnings Call Transcript: Q2 2025
Q2 2025 saw modest revenue growth and resilient performance despite macroeconomic and trade headwinds. AVL and CIMCO contributed to top-line gains, but higher expenses and non-cash acquisition costs reduced net income and EPS. Backlog remains strong, supporting a positive outlook.
Toromont Industries Earnings Call Transcript: Q1 2025
Revenue grew 7% year-over-year, but net earnings fell 11% due to lower gross margins and higher expenses. Equipment Group and CIMCO both saw revenue growth, while the GAL acquisition and disciplined capital management supported a strong financial position.
Toromont Industries Earnings Call Transcript: Q4 2024
Q4 and full-year 2024 saw strong execution, with revenue and backlog growth in both Equipment Group and CIMCO. Despite lower annual earnings, the company maintained a robust financial position, increased its dividend, and made strategic acquisitions, positioning well for 2025.
Toromont Industries Transcript: M&A Announcement
The acquisition secures a key supplier in the data center market, strengthening supply chain control and expanding growth opportunities. AVL will operate independently, with its leadership retained, and the deal is expected to be accretive and strategically valuable.
Toromont Industries Earnings Call Transcript: Q3 2024
Q3 2024 revenue rose 14% year-over-year, but net income fell 10% as margins declined due to sales mix and normalized supply. Equipment and Cimco segments saw strong revenue growth, while backlog and liquidity remain solid, supporting future growth and disciplined capital allocation.
Toromont Industries Earnings Call Transcript: Q2 2024
Q2 2024 saw 16% revenue growth and 2% higher net income year-over-year, with strong Equipment Group and CIMCO performance. Margins declined due to sales mix, but a healthy backlog and robust liquidity support a positive outlook.
Toromont Industries Earnings Call Transcript: Q1 2024
Toromont Industries Earnings Call Transcript: Q4 2023
Toromont Industries Earnings Call Transcript: Q3 2023
Toromont Industries Earnings Call Transcript: Q2 2023
Toromont Industries Earnings Call Transcript: Q1 2023
Toromont Industries Earnings Call Transcript: Q4 2022
Toromont Industries Earnings Call Transcript: Q3 2022
Toromont Industries Earnings Call Transcript: Q2 2022
RBC Capital, BMO Boost Toromont Industries Price Target
Toromont Industries Ltd (TSX: TIH) (OTC: TMTNF) price target has been raised to C$130 from C$126 by BMO Capital analyst Devin Dodge with an Outperform rating for the shares. Dodge stated that the dema...
Toromont Industries Earnings Call Transcript: Q1 2022
Toromont Industries Earnings Call Transcript: Q4 2021
Toromont Industries Earnings Call Transcript: Q3 2021
Toromont Industries Earnings Call Transcript: Q2 2021
Toromont Industries Earnings Call Transcript: Q1 2021
Toromont Announces Results for the First Quarter of 2021 and Quarterly Dividend
TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the first quarter ended March 31, 2021.
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