Toromont Industries Past Earnings Performance

Past criteria checks 2/6

Toromont Industries has been growing earnings at an average annual rate of 17.1%, while the Trade Distributors industry saw earnings growing at 17.5% annually. Revenues have been growing at an average rate of 6.7% per year. Toromont Industries's return on equity is 17.4%, and it has net margins of 10.2%.

Key information

17.1%

Earnings growth rate

17.0%

EPS growth rate

Trade Distributors Industry Growth25.7%
Revenue growth rate6.7%
Return on equity17.4%
Net Margin10.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Returns On Capital At Toromont Industries (TSE:TIH) Have Stalled

Nov 22
Returns On Capital At Toromont Industries (TSE:TIH) Have Stalled

Estimating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Oct 31
Estimating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Toromont Industries Ltd.'s (TSE:TIH) Price Is Out Of Tune With Earnings

Oct 01
Toromont Industries Ltd.'s (TSE:TIH) Price Is Out Of Tune With Earnings

Toromont Industries (TSE:TIH) Hasn't Managed To Accelerate Its Returns

Aug 19
Toromont Industries (TSE:TIH) Hasn't Managed To Accelerate Its Returns

Estimating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Jul 29
Estimating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Is Now The Time To Put Toromont Industries (TSE:TIH) On Your Watchlist?

Jul 16
Is Now The Time To Put Toromont Industries (TSE:TIH) On Your Watchlist?

Toromont Industries Ltd. (TSE:TIH) Investors Are Less Pessimistic Than Expected

Jul 02
Toromont Industries Ltd. (TSE:TIH) Investors Are Less Pessimistic Than Expected

Toromont Industries Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

May 05
Toromont Industries Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Shareholders Are Optimistic That Toromont Industries (TSE:TIH) Will Multiply In Value

Apr 30
Shareholders Are Optimistic That Toromont Industries (TSE:TIH) Will Multiply In Value

Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?

Apr 14
Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?

What Toromont Industries Ltd.'s (TSE:TIH) P/E Is Not Telling You

Mar 31
What Toromont Industries Ltd.'s (TSE:TIH) P/E Is Not Telling You

These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Reasonably Well

Mar 01
These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Reasonably Well

Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.48

Feb 17
Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.48

Earnings Update: Here's Why Analysts Just Lifted Their Toromont Industries Ltd. (TSE:TIH) Price Target To CA$135

Feb 16
Earnings Update: Here's Why Analysts Just Lifted Their Toromont Industries Ltd. (TSE:TIH) Price Target To CA$135

Toromont Industries (TSE:TIH) Could Become A Multi-Bagger

Jan 08
Toromont Industries (TSE:TIH) Could Become A Multi-Bagger

Getting In Cheap On Toromont Industries Ltd. (TSE:TIH) Is Unlikely

Dec 27
Getting In Cheap On Toromont Industries Ltd. (TSE:TIH) Is Unlikely

Revenue & Expenses Breakdown

How Toromont Industries makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:TIH Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,9415045530
30 Jun 244,7775195440
31 Mar 244,5925175320
31 Dec 234,6225295240
30 Sep 234,5245335080
30 Jun 234,4365085020
31 Mar 234,3154864960
31 Dec 224,1154504810
30 Sep 223,9433974880
30 Jun 223,8543714750
31 Mar 223,9273454700
31 Dec 213,8873334710
30 Sep 213,9233164730
30 Jun 213,8473004620
31 Mar 213,5702654500
31 Dec 203,4792554420
30 Sep 203,5122564450
30 Jun 203,5652594650
31 Mar 203,6942854690
31 Dec 193,6792874710
30 Sep 193,6202814710
30 Jun 193,5442704660
31 Mar 193,5272604710
31 Dec 183,5042524710
30 Sep 183,3612264570
30 Jun 183,0452074050
31 Mar 182,6151803480
31 Dec 172,3501762970
30 Sep 172,0201622600
30 Jun 171,9451612530
31 Mar 171,9361592540
31 Dec 161,9121562500
30 Sep 161,8921552430
30 Jun 161,8881522400
31 Mar 161,8501502360
31 Dec 151,8021462350
30 Sep 151,7961472390
30 Jun 151,7581422360
31 Mar 151,6891352290
31 Dec 141,6601332230
30 Sep 141,6021222150
30 Jun 141,6331252160
31 Mar 141,5921242140
31 Dec 131,5931232130

Quality Earnings: TIH has high quality earnings.

Growing Profit Margin: TIH's current net profit margins (10.2%) are lower than last year (11.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TIH's earnings have grown by 17.1% per year over the past 5 years.

Accelerating Growth: TIH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TIH had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Trade Distributors industry average (-22%).


Return on Equity

High ROE: TIH's Return on Equity (17.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 11:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Toromont Industries Ltd. is covered by 18 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David HeasmanAccountability Research Corporation
Devin DodgeBMO Capital Markets Equity Research
null nullBMO Capital Markets Equity Research