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TMTNF US​
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  • Home
  • AI Agent
  • Annotations
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    Terms of servicePrivacy policy
  • Get the full experience

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TMTNF US​
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Toromont Industries Ltd./ADR(TMTNF US)

$138.04+0.000.00%Ext:$137.74-0.300.22%(Market Closed · 21:00:00 UTC)
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Toromont Industries Ltd./ADR(TMTNF US)

$138.04+0.000.00%Ext:$137.74-0.300.22%(Market Closed · 21:00:00 UTC)
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Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

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FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Toromont Industries Ltd./ADR — Company Profile

Toromont Industries Ltd., founded in 1961 and headquartered in Concord, Canada, is a global provider of specialized industrial equipment, operating across Canada, the United States, and other international markets. The company's operations are structured into two principal divisions: the Equipment Group and CIMCO. The Equipment Group handles the distribution, leasing, and maintenance of heavy machinery from Caterpillar and various other manufacturers. It also manages the sales, rentals, and servicing of engines for a diverse range of applications, including industrial, commercial, marine, on-highway trucks, and power generation, in addition to offering complementary products, parts, and related services. This segment serves numerous sectors such as construction, mining, aggregate production, public infrastructure, residential development, power generation, maritime, agriculture, forestry, trucking, general industry, demolition, and waste management. The CIMCO segment specializes in refrigeration technology, offering comprehensive services from design, engineering, and fabrication to installation and ongoing after-sale support for systems in both industrial and recreational environments. Its key clients include the food and beverage processing industry, cold storage and distribution facilities, mining operations, and recreational ice rinks.

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Exchange
UU
CEO
Michael Stanley Howie McMillan
Headquarters
Concord, ON, CA
IPO Date
Jan 5, 2010
Employees
7,900
Website
www.toromont.com

Key Metrics

Price
$159.03
Market Cap
$12.97B
Revenue (TTM)
$1.23B
Net Income (TTM)
$92.70M
EPS (TTM)
1.14
P/E (TTM)
25.18
P/B (TTM)
3.87
Dividend Yield
95.15%
ROE (TTM)
2.76%
ROA (TTM)
1.70%
Operating Margin
11.65%
Beta
0.21

Dividends

Last Dividend
$0.40
Last Yield

Toromont Industries Ltd./ADR — Company Profile

Toromont Industries Ltd., founded in 1961 and headquartered in Concord, Canada, is a global provider of specialized industrial equipment, operating across Canada, the United States, and other international markets. The company's operations are structured into two principal divisions: the Equipment Group and CIMCO. The Equipment Group handles the distribution, leasing, and maintenance of heavy machinery from Caterpillar and various other manufacturers. It also manages the sales, rentals, and servicing of engines for a diverse range of applications, including industrial, commercial, marine, on-highway trucks, and power generation, in addition to offering complementary products, parts, and related services. This segment serves numerous sectors such as construction, mining, aggregate production, public infrastructure, residential development, power generation, maritime, agriculture, forestry, trucking, general industry, demolition, and waste management. The CIMCO segment specializes in refrigeration technology, offering comprehensive services from design, engineering, and fabrication to installation and ongoing after-sale support for systems in both industrial and recreational environments. Its key clients include the food and beverage processing industry, cold storage and distribution facilities, mining operations, and recreational ice rinks.

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Exchange
UU
CEO
Michael Stanley Howie McMillan
Headquarters
Concord, ON, CA
IPO Date
Jan 5, 2010
Employees
7,900
Website
www.toromont.com

Key Metrics

Price
$159.03
Market Cap
$12.97B
Revenue (TTM)
$1.23B
Net Income (TTM)
$92.70M
EPS (TTM)
1.14
P/E (TTM)
25.18
P/B (TTM)
3.87
Dividend Yield
95.15%
ROE (TTM)
2.76%
ROA (TTM)
1.70%
Operating Margin
11.65%
Beta
0.21

Dividends

Last Dividend
$0.40
Last Yield
0.95%

Summary

Toromont Industries Ltd., founded in 1961 and headquartered in Concord, Canada, is a global provider of specialized industrial equipment, operating across Canada, the United States, and other international markets. The company's operations are structured into two principal divisions: the Equipment Group and CIMCO. The Equipment Group handles the distribution, leasing, and maintenance of heavy machinery from Caterpillar and various other manufacturers. It also manages the sales, rentals, and servicing of engines for a diverse range of applications, including industrial, commercial, marine, on-highway trucks, and power generation, in addition to offering complementary products, parts, and related services. This segment serves numerous sectors such as construction, mining, aggregate production, public infrastructure, residential development, power generation, maritime, agriculture, forestry, trucking, general industry, demolition, and waste management. The CIMCO segment specializes in refrigeration technology, offering comprehensive services from design, engineering, and fabrication to installation and ongoing after-sale support for systems in both industrial and recreational environments. Its key clients include the food and beverage processing industry, cold storage and distribution facilities, mining operations, and recreational ice rinks.

Website
www.toromont.com
Location
Concord, ON, CA
Phone416 667 5511
Employees7,900
CEOMichael Stanley Howie McMillan
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
IPO DateJan 5, 2010

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1)

Expand
  • F-6EFEffective registration statement (depository shares)24 Jun 2025

News

  • What Toromont Industries (TIH) Said on Its Q3 Earnings Call4 Nov
  • Toromont Industries Ltd. (TIH:CA) Q3 2026 Earnings Call Transcript3 Nov
  • Ryerson (NYSE:RYZ) & Toromont Industries (OTCMKTS:TMTNF) Head-To-Head Review21 Sep

Mentions in Filings

  • #\*Tilray Brands, Inc. 3,558 26,543 TMX Group, Ltd. 124,249 4,612,485 Torex Gold Resources, Inc. 69,121 3,345,412 Toromont Industries, Ltd. 47,527 6,087,626
    Dimensional ETF TrustToromont Industries Ltd./ADR·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … NT LTEE b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. 5493008W5EPRSLQ0B737 c. Title of the issue or description of the investment. <strong>TOROMONT INDUSTRIES</strong> LTD d. CUSIP (if any). 891102105 At least one of the following other identifiers: Identifier. ISIN ISIN CA8911021050 Identifier. Other unique identifier (if ticker and ISIN are not available). Indicate the type …
    Dimensional ETF TrustToromont Industries Ltd./ADR·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … ef of Staff/Group Business Executive to the Rio Tinto Group CEO from December 2016 to December 2017. Ms. Das has been a member of the Board of Coeur Mining since May 2023 and a member of the Board of Directors of <strong>Toromont Industries Ltd.</strong>, a specialized equipment company, since November 2024. Ms. Das is a former Board member of World Business Chicago from January 2020 to January 2022, Chicago Children's Museum from June 2019 to June 2021 and UN Wo …
    GENCO SHIPPING & TRADING LTDToromont Industries Ltd./ADR·EX-99.(A)(38) - SC 14D9/A - EXHIBIT (A)(38)·Q2 26·2 Jun
  • … ef of Staff/Group Business Executive to the Rio Tinto Group CEO from December 2016 to December 2017. Ms. Das has been a member of the Board of Coeur Mining since May 2023 and a member of the Board of Directors of <strong>Toromont Industries Ltd.</strong>, a specialized equipment company, since November 2024. Ms. Das is a former Board member of World Business Chicago from January 2020 to January 2022, Chicago Children's Museum from June 2019 to June 2021 and UN Wo …
    GENCO SHIPPING & TRADING LTDToromont Industries Ltd./ADR·DEFA14A - Definitive additional materials·Q2 26·2 Jun
  • … KINSREALIS GROUP INC | 10,000 | 104.31 | 1,043,100.00 | | | | BOMBARDIER INC-B | 5,192 | 247.26 | 1,283,773.92 | | | | CAE INC | 16,864 | 42.66 | 719,418.24 | | | | STANTEC INC | 6,135 | 138.61 | 850,372.35 | | | | <strong>TOROMONT INDUSTRIES</strong> LTD | 4,269 | 184.71 | 788,526.99 | | | | WSP GLOBAL INC | 7,506 | 265.84 | 1,995,395.04 | | | | ELEMENT FLEET MANAGEMENT CORPORATION | 20,483 | 35.44 | 725,917.52 | | | | GFL ENVIRONMENTAL INC-SUB VT | 11,755 | 58. …
    三井住友トラスト・アセットマネジメント株式会社Toromont Industries Ltd./ADR·Prospectus - Securities registration statement·09 Nov·8 Nov
  • … KINSREALIS GROUP INC | 10,000 | 104.31 | 1,043,100.00 | | | | BOMBARDIER INC-B | 5,192 | 247.26 | 1,283,773.92 | | | | CAE INC | 16,864 | 42.66 | 719,418.24 | | | | STANTEC INC | 6,135 | 138.61 | 850,372.35 | | | | <strong>TOROMONT INDUSTRIES</strong> LTD | 4,269 | 184.71 | 788,526.99 | | | | WSP GLOBAL INC | 7,506 | 265.84 | 1,995,395.04 | | | | ELEMENT FLEET MANAGEMENT CORPORATION | 20,483 | 35.44 | 725,917.52 | | | | GFL ENVIRONMENTAL INC-SUB VT | 11,755 | 58. …
    三井住友トラスト・アセットマネジメント株式会社Toromont Industries Ltd./ADR·Prospectus - Securities registration statement·09 Nov·8 Nov

Key Stats

Trading

Px/Chg 1D$159.03 / +0.00%
52 Wk H$0.00
52 Wk L$52.48
Avg Volume4.56K
Beta0.21
Mkt Cap12.97B
FD Mkt Cap11.97B

Float

Shrs Out/Float81.56M / 81.40M
Short Float0.01%
Days to Cover20.31
Stock Repurchased$0.00

Current Valuation

EV12.65B
EV/EBITDA11.87
EV/Sales2.37
P/B3.87
P/S2.43
FCF Yield-1.17%
ROE2.76%
ROA1.70%
Current Ratio3.17

Dividend

Cash$0.40
Yield95.15%
Yield (TTM)95.15%

Estimates

P/E25.18
Est P/E0.00
Est EPS0.57
Est PEG0.00

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings50.6114.5014.8513.1070.67139.93
Price / Sales4.591.561.721.327.8110.56
Price / Book Value3.062.832.962.243.383.87
Price / Free Cash Flow11.5944.6332.9029.7936.42-85.80
ENTERPRISE VALUE METRICS
Enterprise Value8,725.06,323.47,579.96,433.610,633.712,654.6
Enterprise Value / Sales4.441.491.641.287.4810.30
Enterprise Value / EBITDA23.727.888.656.9333.2661.87
Enterprise Value / EBIT33.3310.2110.768.8946.7790.02

Financials

Full Financials
Millions CAD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue7.6%3,886.54,230.74,622.35,021.25,202.8
Gross Income8.1%969.81,133.61,244.91,262.61,322.2
EBITDA12.6%643.3803.0876.3928.81,033.8
EBIT10.3%485.0619.1704.2723.8716.8
Net Income10.5%332.7454.2534.7506.5496.6
EPS (Diluted)11.2%4.005.476.386.136.11
BALANCE SHEET
Cash & ST Inv9.7%916.8927.81,040.8890.81,325.5
Total Assets11.2%3,583.84,182.14,571.84,868.55,470.3
Total Liabilities7.5%1,630.51,856.81,888.01,913.12,179.8
Total Shareholder Equity13.9%1,953.32,325.42,683.92,955.43,290.5
CASH FLOW
Net Operating Cash Flow8.1%542.7217.0355.8359.2742.1
Cap Ex33.8%-71.2-69.3-114.5-136.5-228.2
Free Cash Flow2.2%471.5147.6241.3222.7514.0

Enterprise Value Bridge

Millions CAD13 Nov '26
Price (As of 13 Nov '26)138.04
Basic Shares81.56
Market Cap11,258.9
Diluted Shares82.45
Fully Diluted Shares Outstanding82.45
Fully Diluted Market Cap11,381.2
+Consolidated Debt856.7
−In-the-Money Convertible Debt—
+Capital Leases56.7
+Operating Leases—
−Cash & Equivalents-1,178.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value10,937.3

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Summary

Toromont Industries Ltd., founded in 1961 and headquartered in Concord, Canada, is a global provider of specialized industrial equipment, operating across Canada, the United States, and other international markets. The company's operations are structured into two principal divisions: the Equipment Group and CIMCO. The Equipment Group handles the distribution, leasing, and maintenance of heavy machinery from Caterpillar and various other manufacturers. It also manages the sales, rentals, and servicing of engines for a diverse range of applications, including industrial, commercial, marine, on-highway trucks, and power generation, in addition to offering complementary products, parts, and related services. This segment serves numerous sectors such as construction, mining, aggregate production, public infrastructure, residential development, power generation, maritime, agriculture, forestry, trucking, general industry, demolition, and waste management. The CIMCO segment specializes in refrigeration technology, offering comprehensive services from design, engineering, and fabrication to installation and ongoing after-sale support for systems in both industrial and recreational environments. Its key clients include the food and beverage processing industry, cold storage and distribution facilities, mining operations, and recreational ice rinks.

Website
www.toromont.com
Location
Concord, ON, CA
Phone416 667 5511
Employees7,900
CEOMichael Stanley Howie McMillan
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
IPO DateJan 5, 2010

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1)

Expand
  • F-6EFEffective registration statement (depository shares)24 Jun 2025

News

  • What Toromont Industries (TIH) Said on Its Q3 Earnings Call4 Nov
  • Toromont Industries Ltd. (TIH:CA) Q3 2026 Earnings Call Transcript3 Nov
  • Ryerson (NYSE:RYZ) & Toromont Industries (OTCMKTS:TMTNF) Head-To-Head Review21 Sep

Mentions in Filings

  • #\*Tilray Brands, Inc. 3,558 26,543 TMX Group, Ltd. 124,249 4,612,485 Torex Gold Resources, Inc. 69,121 3,345,412 Toromont Industries, Ltd. 47,527 6,087,626
    Dimensional ETF TrustToromont Industries Ltd./ADR·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … NT LTEE b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. 5493008W5EPRSLQ0B737 c. Title of the issue or description of the investment. <strong>TOROMONT INDUSTRIES</strong> LTD d. CUSIP (if any). 891102105 At least one of the following other identifiers: Identifier. ISIN ISIN CA8911021050 Identifier. Other unique identifier (if ticker and ISIN are not available). Indicate the type …
    Dimensional ETF TrustToromont Industries Ltd./ADR·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … ef of Staff/Group Business Executive to the Rio Tinto Group CEO from December 2016 to December 2017. Ms. Das has been a member of the Board of Coeur Mining since May 2023 and a member of the Board of Directors of <strong>Toromont Industries Ltd.</strong>, a specialized equipment company, since November 2024. Ms. Das is a former Board member of World Business Chicago from January 2020 to January 2022, Chicago Children's Museum from June 2019 to June 2021 and UN Wo …
    GENCO SHIPPING & TRADING LTDToromont Industries Ltd./ADR·EX-99.(A)(38) - SC 14D9/A - EXHIBIT (A)(38)·Q2 26·2 Jun
  • … ef of Staff/Group Business Executive to the Rio Tinto Group CEO from December 2016 to December 2017. Ms. Das has been a member of the Board of Coeur Mining since May 2023 and a member of the Board of Directors of <strong>Toromont Industries Ltd.</strong>, a specialized equipment company, since November 2024. Ms. Das is a former Board member of World Business Chicago from January 2020 to January 2022, Chicago Children's Museum from June 2019 to June 2021 and UN Wo …
    GENCO SHIPPING & TRADING LTDToromont Industries Ltd./ADR·DEFA14A - Definitive additional materials·Q2 26·2 Jun
  • … KINSREALIS GROUP INC | 10,000 | 104.31 | 1,043,100.00 | | | | BOMBARDIER INC-B | 5,192 | 247.26 | 1,283,773.92 | | | | CAE INC | 16,864 | 42.66 | 719,418.24 | | | | STANTEC INC | 6,135 | 138.61 | 850,372.35 | | | | <strong>TOROMONT INDUSTRIES</strong> LTD | 4,269 | 184.71 | 788,526.99 | | | | WSP GLOBAL INC | 7,506 | 265.84 | 1,995,395.04 | | | | ELEMENT FLEET MANAGEMENT CORPORATION | 20,483 | 35.44 | 725,917.52 | | | | GFL ENVIRONMENTAL INC-SUB VT | 11,755 | 58. …
    三井住友トラスト・アセットマネジメント株式会社Toromont Industries Ltd./ADR·Prospectus - Securities registration statement·09 Nov·8 Nov
  • … KINSREALIS GROUP INC | 10,000 | 104.31 | 1,043,100.00 | | | | BOMBARDIER INC-B | 5,192 | 247.26 | 1,283,773.92 | | | | CAE INC | 16,864 | 42.66 | 719,418.24 | | | | STANTEC INC | 6,135 | 138.61 | 850,372.35 | | | | <strong>TOROMONT INDUSTRIES</strong> LTD | 4,269 | 184.71 | 788,526.99 | | | | WSP GLOBAL INC | 7,506 | 265.84 | 1,995,395.04 | | | | ELEMENT FLEET MANAGEMENT CORPORATION | 20,483 | 35.44 | 725,917.52 | | | | GFL ENVIRONMENTAL INC-SUB VT | 11,755 | 58. …
    三井住友トラスト・アセットマネジメント株式会社Toromont Industries Ltd./ADR·Prospectus - Securities registration statement·09 Nov·8 Nov

Key Stats

Trading

Px/Chg 1D$159.03 / +0.00%
52 Wk H$0.00
52 Wk L$52.48
Avg Volume4.56K
Beta0.21
Mkt Cap12.97B
FD Mkt Cap11.97B

Float

Shrs Out/Float81.56M / 81.40M
Short Float0.01%
Days to Cover20.31
Stock Repurchased$0.00

Current Valuation

EV12.65B
EV/EBITDA11.87
EV/Sales2.37
P/B3.87
P/S2.43
FCF Yield-1.17%
ROE2.76%
ROA1.70%
Current Ratio3.17

Dividend

Cash$0.40
Yield95.15%
Yield (TTM)95.15%

Estimates

P/E25.18
Est P/E0.00
Est EPS0.57
Est PEG0.00

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings50.6114.5014.8513.1070.67139.93
Price / Sales4.591.561.721.327.8110.56
Price / Book Value3.062.832.962.243.383.87
Price / Free Cash Flow11.5944.6332.9029.7936.42-85.80
ENTERPRISE VALUE METRICS
Enterprise Value8,725.06,323.47,579.96,433.610,633.712,654.6
Enterprise Value / Sales4.441.491.641.287.4810.30
Enterprise Value / EBITDA23.727.888.656.9333.2661.87
Enterprise Value / EBIT33.3310.2110.768.8946.7790.02

Financials

Full Financials
Millions CAD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue7.6%3,886.54,230.74,622.35,021.25,202.8
Gross Income8.1%969.81,133.61,244.91,262.61,322.2
EBITDA12.6%643.3803.0876.3928.81,033.8
EBIT10.3%485.0619.1704.2723.8716.8
Net Income10.5%332.7454.2534.7506.5496.6
EPS (Diluted)11.2%4.005.476.386.136.11
BALANCE SHEET
Cash & ST Inv9.7%916.8927.81,040.8890.81,325.5
Total Assets11.2%3,583.84,182.14,571.84,868.55,470.3
Total Liabilities7.5%1,630.51,856.81,888.01,913.12,179.8
Total Shareholder Equity13.9%1,953.32,325.42,683.92,955.43,290.5
CASH FLOW
Net Operating Cash Flow8.1%542.7217.0355.8359.2742.1
Cap Ex33.8%-71.2-69.3-114.5-136.5-228.2
Free Cash Flow2.2%471.5147.6241.3222.7514.0

Enterprise Value Bridge

Millions CAD13 Nov '26
Price (As of 13 Nov '26)138.04
Basic Shares81.56
Market Cap11,258.9
Diluted Shares82.45
Fully Diluted Shares Outstanding82.45
Fully Diluted Market Cap11,381.2
+Consolidated Debt856.7
−In-the-Money Convertible Debt—
+Capital Leases56.7
+Operating Leases—
−Cash & Equivalents-1,178.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value10,937.3

Related companies

Danaher Corp /DE/

DHR US

Teradyne, Inc

TER US

Keysight Technologies Inc.

KEYS US

Ametek Inc/

AME US

Compagnie De Saint Gobain

CODYY US

Roper Technologies Inc

ROP US

China Jushi Co., Ltd.

600176 CG

Veralto Corp

VLTO US

Kingspan Group plc

KGSPY US

Mks Inc

MKSI US

Fortive Corp

FTV US

QXO, Inc.

QXO US