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Toromont Industries Ltd. (TIH.TO)

CAD229.10 +1.59 (+0.70%)
CA TSX Industrials Industrial - Distribution
Address 3131 Highway 7 West L4K 1B7
Concord, ON, CA
CEO Michael Stanley Howie McMillan
IPO 1996-08-13
ISIN CA8911021050

Explore sections of this company profile

Also trades on Other OTC · TMTNF (USD) Toronto Stock Exchange · TIH.TO (CAD)
Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD229.10 +1.59 (+0.70%)
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Volume Profile
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Liquidity & share structure
Average Volume
253.1K
Beta
0.97
Float Shares
81.37M
Free Float %
99.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.25% +1.60% +7.66% +7.41% +39.15% +36.94% +91.44% +116.56% +111.43% +517.40% +5,500.74%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
229.10
DCF (Unlevered) 132.05 -42.4%
DCF (Levered) 76.50 -66.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 70% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 4 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
7.89
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Industrial - Distribution: +4.8%
    +3.6% Q1'26: +12.7% (vs Q1'25)
  • EPS growth Industrial - Distribution: +8.9%
    -0.3% Q1'26: +24.2% (vs Q1'25)
  • FCF margin FCF growth · Industrial - Distribution: +12.0%
    +12.8% Q1'26: -12.3% (vs Q1'25)
  • EBIT margin Industrial - Distribution: +5.8%
    +13.8% Q1'26: +11.4% (vs Q1'25)
  • ROIC Industrial - Distribution: +7.4%
    +18.6% Q1'26: +13.0% (vs Q1'25)
  • Share dilution Industrial - Distribution: +0.0%
    -1.6% Q1'26: +0.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Industrial - Distribution: 0.84×
    0.82× Q1'26: 1.03× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.98) × ERP
WACC = 96% × Ke + 4% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 132.05 Current price: 229.10
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 1999
actual
Dec 2000
actual
Dec 2002
actual
Dec 2003
actual
Dec 2004
actual
Dec 2005
actual
Dec 2006
actual
Dec 2007
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
9 Rev. Ana.
7 EPS Ana.
Dec 2027
9 Rev. Ana.
7 EPS Ana.
Dec 2028
2 Rev. Ana.
1 EPS Ana.
Revenue
723.90M
est: 746.02M (-3.0%)
800.46M
est: 791.70M (+1.1%)
1.08B
est: 1.08B (-0.7%)
1.30B
est: 1.32B (-1.8%)
1.49B
est: 1.52B (-2.1%)
1.60B
est: 1.61B (-0.3%)
1.76B
est: 1.81B (-2.3%)
1.90B
est: 1.92B (-0.7%)
2.12B
est: 2.14B (-0.9%)
1.82B
est: 1.84B (-0.9%)
2.33B
est: 2.31B (+0.8%)
1.38B
est: 1.43B (-3.6%)
1.51B
est: 1.53B (-1.2%)
1.59B
est: 1.66B (-3.9%)
1.66B
est: 1.66B (-0.1%)
1.80B
est: 1.84B (-1.9%)
1.91B
est: 1.88B (+2.0%)
2.35B
est: 2.26B (+3.8%)
3.50B
est: 3.49B (+0.4%)
3.68B
est: 3.66B (+0.4%)
3.48B
est: 3.48B (+0.0%)
3.89B
est: 4.00B (-2.8%)
4.12B
est: 4.18B (-1.5%)
4.62B
est: 4.78B (-3.2%)
5.02B
est: 5.00B (+0.3%)
5.20B
est: 5.17B (+0.7%)
5.75B
5.57B – 6.28B
+11.2% YoY
6.11B
5.73B – 6.65B
+6.4% YoY
6.49B
6.18B – 7.07B
+6.2% YoY
EBITDA
69.70M
est: 128.56M (-45.8%)
80.06M
est: 77.79M (+2.9%)
111.48M
est: 106.51M (+4.7%)
141.55M
est: 118.74M (+19.2%)
162.95M
est: 138.31M (+17.8%)
168.70M
est: 150.21M (+12.3%)
214.87M
est: 164.56M (+30.6%)
233.45M
est: 204.37M (+14.2%)
278.92M
est: 257.59M (+8.3%)
246.87M
est: 232.21M (+6.3%)
261.11M
est: 296.11M (-11.8%)
197.26M
est: 130.26M (+51.4%)
221.13M
est: 347.78M (-36.4%)
232.64M
est: 230.03M (+1.1%)
249.00M
est: 223.83M (+11.2%)
277.97M
est: 270.35M (+2.8%)
287.90M
est: 272.94M (+5.5%)
338.33M
est: 342.98M (-1.4%)
509.17M
est: 499.10M (+2.0%)
562.99M
est: 485.83M (+15.9%)
524.86M
est: 500.91M (+4.8%)
627.66M
est: 544.26M (+15.3%)
772.03M
est: 582.24M (+32.6%)
876.31M
est: 1.08B (-19.2%)
864.02M
est: 1.14B (-24.0%)
1.03B
est: 1.17B (-11.8%)
1.30B
1.26B – 1.42B
+11.2% YoY
1.39B
1.30B – 1.51B
+6.4% YoY
1.47B
1.40B – 1.61B
+6.2% YoY
EBIT
53.80M
est: 99.53M (-45.9%)
59.68M
est: 57.09M (+4.5%)
74.83M
est: 78.17M (-4.3%)
102.13M
est: 91.28M (+11.9%)
119.36M
est: 117.38M (+1.7%)
-3.02B
est: 127.06M (-2,478.2%)
166.37M
est: 134.39M (+23.8%)
180.12M
est: 176.57M (+2.0%)
222.85M
est: 201.79M (+10.4%)
188.71M
est: 178.81M (+5.5%)
175.62M
est: 229.24M (-23.4%)
151.40M
est: 95.70M (+58.2%)
168.31M
est: 157.66M (+6.8%)
173.96M
est: 185.05M (-6.0%)
184.11M
est: 174.42M (+5.6%)
204.51M
est: 206.96M (-1.2%)
211.62M
est: 208.99M (+1.3%)
249.58M
est: 260.05M (-4.0%)
369.57M
est: 387.21M (-4.6%)
412.50M
est: 388.47M (+6.2%)
372.43M
est: 386.88M (-3.7%)
480.94M
est: 420.36M (+14.4%)
619.10M
est: 449.69M (+37.7%)
704.23M
est: 683.89M (+3.0%)
670.17M
est: 716.69M (-6.5%)
716.84M
est: 739.67M (-3.1%)
822.64M
796.84M – 898.46M
+11.2% YoY
875.34M
820.21M – 951.39M
+6.4% YoY
929.36M
885.06M – 1.01B
+6.2% YoY
Net Income
32.10M
est: 43.38M (-26.0%)
32.35M
est: 34.07M (-5.1%)
41.38M
est: 46.64M (-11.3%)
60.23M
est: 50.52M (+19.2%)
70.52M
est: 69.21M (+1.9%)
78.96M
est: 74.52M (+6.0%)
99.42M
est: 88.92M (+11.8%)
122.28M
est: 105.47M (+15.9%)
140.52M
est: 136.50M (+3.0%)
120.52M
est: 120.84M (-0.3%)
98.19M
est: 151.45M (-35.2%)
247.08M
est: 61.70M (+300.4%)
120.55M
est: 262.88M (-54.1%)
123.03M
est: 131.04M (-6.1%)
133.20M
est: 123.29M (+8.0%)
145.67M
est: 149.17M (-2.4%)
155.75M
est: 148.85M (+4.6%)
175.97M
est: 187.02M (-5.9%)
251.98M
est: 273.01M (-7.7%)
286.80M
est: 264.86M (+8.3%)
254.92M
est: 268.99M (-5.2%)
332.71M
est: 292.27M (+13.8%)
454.20M
est: 312.66M (+45.3%)
534.71M
est: 518.94M (+3.0%)
506.52M
est: 486.03M (+4.2%)
496.59M
est: 514.85M (-3.5%)
586.00M
529.90M – 608.74M
+13.8% YoY
699.67M
585.19M – 722.54M
+19.4% YoY
753.82M
707.11M – 841.47M
+7.7% YoY
SGA
91.90M
est: 88.43M (+3.9%)
103.44M
est: 97.53M (+6.1%)
142.46M
est: 133.54M (+6.7%)
168.85M
est: 173.90M (-2.9%)
189.07M
est: 194.18M (-2.6%)
211.90M
est: 199.89M (+6.0%)
221.97M
est: 238.50M (-6.9%)
235.45M
est: 235.56M (0.0%)
253.07M
est: 262.84M (-3.7%)
226.76M
est: 217.68M (+4.2%)
334.99M
est: 285.05M (+17.5%)
201.19M
est: 208.58M (-3.5%)
211.31M
est: 214.05M (-1.3%)
212.76M
est: 227.42M (-6.4%)
223.08M
est: 213.31M (+4.6%)
234.89M
est: 249.07M (-5.7%)
249.64M
est: 240.03M (+4.0%)
296.97M
est: 299.77M (-0.9%)
471.23M
est: 460.73M (+2.3%)
471.23M
est: 495.31M (-4.9%)
442.11M
est: 441.96M (+0.0%)
471.03M
est: 480.21M (-1.9%)
481.42M
est: 513.72M (-6.3%)
523.76M
est: 562.51M (-6.9%)
572.76M
est: 589.49M (-2.8%)
640.92M
est: 608.39M (+5.3%)
676.64M
655.42M – 739.00M
+11.2% YoY
719.98M
674.64M – 782.54M
+6.4% YoY
764.41M
727.98M – 832.78M
+6.2% YoY
EPS
0.55
est: 0.53 (+4.7%)
0.56
est: 0.52 (+7.4%)
0.65
est: 0.63 (+3.7%)
0.93
est: 0.92 (+0.8%)
1.11
est: 1.11 (-0.2%)
1.25
est: 1.25 (-0.1%)
1.56
est: 1.48 (+5.7%)
1.89
est: 1.63 (+16.1%)
2.16
est: 1.96 (+10.4%)
1.86
est: 1.88 (-1.3%)
1.36
est: 1.18 (+15.6%)
3.20
est: 1.31 (+143.5%)
1.56
est: 1.43 (+8.8%)
1.61
est: 1.68 (-4.4%)
1.73
est: 1.63 (+6.0%)
1.88
est: 1.90 (-0.9%)
1.99
est: 1.93 (+3.1%)
2.22
est: 2.15 (+3.4%)
3.10
est: 2.95 (+5.1%)
3.52
est: 3.49 (+0.9%)
3.10
est: 3.05 (+1.8%)
4.03
est: 3.91 (+3.0%)
5.52
est: 4.99 (+10.7%)
6.50
est: 6.31 (+3.0%)
6.18
est: 5.95 (+3.9%)
6.11
est: 6.09 (+0.3%)
7.12
6.52 – 7.49
+16.8% YoY
8.27
7.20 – 8.89
+16.2% YoY
9.28
8.70 – 10.35
+12.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-27 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-26 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-25 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-22 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-21 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-20 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-19 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-15 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-14 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-13 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-12 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-11 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-08 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-07 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-06 B+ 3/5 3/5 4/5 5/5 3/5 2/5 2/5
2026-05-05 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-04 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-01 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-30 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-29 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-28 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-27 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-24 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-23 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-22 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-21 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-20 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-17 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-16 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-15 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
506.81M
OE per share TTM
6.21
Owner's Yield
2.74%
Maintenance CapEx ratio
55.89%
Maint CapEx / Avg PPE
28.2%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
2
Total invested
6.99M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
2
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
1
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MN SERVICES VERMOGENSBEHEER B.V. 30.7K +469.0 (+1.6%) 3.72M +361.0K (+10.8%) 0.04% +0.001 pp 0.02% +0.001 pp CAD107.14 +55.0% 18 qtrs
2 ALBERT D MASON INC 19.7K -42.0 (-0.2%) 2.38M +191.6K (+8.8%) 0.02% 0.000 pp 1.56% +0.141 pp CAD119.13 +39.4% 4 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
98.2K
Shares Outstanding
81.53M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Michael Stanley Howie McMillan Chief Executive Officer, President & Director 2M male
John Marshall Doolittle Executive Vice President & Chief Financial Officer 1M male
Joel Couture Chief Operating Officer - Toromont Cat 970.9K male
Michael Cuddy Chief Strategy Officer 881.5K male
Miles Sean Ryan Gregg President of Construction Industries Toromont CAT 805.7K male
William Harvey President of Toromont Cat Mining Division 722.6K male
David Alan Malinauskas President of CIMCO Refrigeration 481.5K male
Habeeb Syed Chief Legal Officer, General Counsel & Corporate Secretary male
Rick Neuman Chief Digital, Marketing & Technology Officer male
Stephanie Hardman Chief People & Culture Officer female
Colin Goheen President of Battlefield Equipment Rentals male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits