Toromont Industries stock analysis
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Toromont Industries (TIH) Stock Price & Analysis
TIH Stock Chart & Stats
- Day’s Range
- CAD 193.40 - CAD 199.82
- 52-Week Range
- CAD 155.85 - CAD 243.50
- Previous Close
- CAD 192.28
- Volume
- N/A
- Average Volume (3M)
- 324.05K
- Market Cap
- CAD 15.69B
- Enterprise Value
- CAD 18.39B
- Total Cash (Recent Filing)
- CAD 1.17B
- Total Debt (Recent Filing)
- CAD 853.72M
- Price to Earnings (P/E)
- 28.4
- Beta
- 0.57
- Next Earnings
- Feb 11, 2027 (Est.)
- EPS Estimate
- 2.41
- Next Dividend Ex-Date
- Dec 07, 2026
- Dividend Yield
- 1.11%
Bulls Say, Bears Say
Bulls Say
Backlog And Demand Visibility
The record consolidated backlog provides meaningful forward demand visibility across the Equipment Group and CIMCO. A substantial order book can support revenue continuity, improve planning for facilities and employees, and reinforce Toromont’s market position over the coming quarters.
Conservative Balance Sheet
Low and stable leverage gives Toromont financial flexibility to invest in rental fleets, facilities, technology, and acquisitions without relying heavily on debt. This balance-sheet resilience also improves the company’s ability to navigate cyclical industrial demand and sustain shareholder returns.
Resilient Profitability And Lifecycle Services
Toromont combines equipment sales with rental, parts, maintenance, and support activities, while maintaining solid margins across the business. This mix supports recurring lifecycle revenue and durable earnings power, even as individual equipment markets and customer purchasing patterns fluctuate.
Bears Say
Weakening Free-cash-flow Conversion
Although operating cash flow remains positive, the sharp decline in free cash flow and low conversion of earnings indicate that recent profitability has translated less efficiently into discretionary cash. If sustained, this could constrain internally funded investment and reduce flexibility for shareholder returns.
Cyclical Capital-equipment Demand
Toromont’s exposure to construction, mining, and industrial equipment makes revenue sensitive to broad economic and commodity cycles. Changes in customer investment conditions can produce uneven order flows, utilization, and margins, creating ongoing variability despite the company’s diversified operations.
Cost And Margin Pressure
Higher selling and administrative costs can reduce operating leverage when expense growth outpaces revenue, while lower margins in rental, product support, and some CIMCO activities indicate mix and execution pressure. Together, these factors may limit earnings expansion even with continued sales growth.
Toromont Industries News
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Toromont Industries Stock Smart Score
Company Description
Toromont Industries
Established in 1961 and based in Concord, Canada, Toromont Industries Ltd. is a prominent supplier of specialized capital equipment across Canada, the United States, and various international markets. The company operates through two distinct divisions: the Equipment Group and CIMCO. The Equipment Group is involved in the sale, rental, and servicing of mobile machinery, including Caterpillar products and other manufacturers' offerings. It also deals in the sale, rental, and maintenance of engines utilized in a wide array of applications, such as industrial, commercial, marine, on-highway trucks, and power generation. This segment further provides related products, parts, and services, catering to diverse industries including building, mining, aggregate production, public works, residential construction, agriculture, forestry, and waste management. The CIMCO segment focuses on refrigeration solutions, offering design, engineering, fabrication, installation, and post-installation support for industrial and recreational clients. Its primary markets encompass beverage and food processing, cold storage, food distribution, mining operations, and recreational ice rink facilities.
- Sector
- Industrials
- Industry
- Industrial - Distribution
- CEO
- Michael Stanley Howie McMillan
- Employees
- 7,900
- Website
- www.toromont.com
- Address
- 3131 Highway 7 West, Concord, ON, L4K 1B7, CA
Toromont Industries (TIH) Earnings & Revenues
TIH Earnings Call
Earnings Call SentimentPositive
The call was predominantly positive. Toromont reported revenue growth, a 44% increase in first-quarter operating income, improved gross profit margin, strong cash generation, record backlog, expanded AVL ownership, continued facility and technology investment, and sustained shareholder returns. These strengths outweighed the disclosed challenges, including a 1% decline in 2025 EPS, higher selling and administrative expenses, return on equity below the 18% target, lower interest income, some margin pressure, and cyclical market risks.
View all TSE:TIH earnings summariesTIH Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 6 | 10 |
| Technical Analysis | 2 | 6 | 2 |
| Moving Averages | 4 | 0 | 8 |
