Toromont Industries Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	5,088	5,021	4,622	4,115	3,887	3,479
Revenue Growth (YoY)	2.97%	8.63%	12.32%	5.89%	11.72%	-5.43%
Cost of Revenue	3,798	3,759	3,377	2,997	2,917	2,643
Gross Profit	1,290	1,263	1,245	1,119	969.77	835.75
Selling, General & Admin	596.41	572.76	523.76	481.42	471.03	442.11
Operating Expenses	619.71	592.46	540.66	499.42	488.83	463.31
Operating Income	669.92	670.17	704.23	619.1	480.94	372.43
Interest Expense	-33.92	-28.66	-28.1	-27.33	-28.16	-29.98
Interest & Investment Income	41.32	53.64	45.98	21.72	9.03	9.08
EBT Excluding Unusual Items	677.32	695.15	722.11	613.48	461.8	351.54
Other Unusual Items	-	-	-	-	-5	-
Pretax Income	677.32	695.15	722.11	613.48	456.8	351.54
Income Tax Expense	181.63	188.64	193.01	163.38	124.09	96.62
Earnings From Continuing Operations	495.7	506.52	529.11	450.1	332.71	254.92
Earnings From Discontinued Operations	-	-	5.61	4.1	-	-
Net Income	495.7	506.52	534.71	454.2	332.71	254.92
Net Income to Common	495.7	506.52	534.71	454.2	332.71	254.92
Net Income Growth	-1.70%	-5.27%	17.73%	36.52%	30.52%	-11.12%
Shares Outstanding (Basic)	81	82	82	82	83	82
Shares Outstanding (Diluted)	82	83	83	83	83	83
Shares Change (YoY)	-1.01%	-0.37%	-0.10%	-0.35%	0.79%	0.66%
EPS (Basic)	6.09	6.18	6.50	5.52	4.03	3.10
EPS (Diluted)	6.05	6.13	6.45	5.47	4.00	3.09
EPS Growth	-0.60%	-4.93%	17.89%	36.73%	29.45%	-11.46%
Free Cash Flow	550.74	222.71	241.32	148.4	471.52	305.74
Free Cash Flow Per Share	6.72	2.70	2.91	1.79	5.66	3.70
Dividend Per Share	2.040	1.920	1.720	1.560	1.360	1.240
Dividend Growth	9.09%	11.63%	10.26%	14.71%	9.68%	14.82%
Gross Margin	25.35%	25.15%	26.93%	27.18%	24.95%	24.02%
Operating Margin	13.17%	13.35%	15.24%	15.04%	12.37%	10.71%
Profit Margin	9.74%	10.09%	11.57%	11.04%	8.56%	7.33%
Free Cash Flow Margin	10.82%	4.44%	5.22%	3.61%	12.13%	8.79%
EBITDA	938.64	864.02	876.31	772.03	627.66	524.86
EBITDA Margin	18.45%	17.21%	18.96%	18.76%	16.15%	15.09%
D&A For EBITDA	268.72	193.85	172.08	152.93	146.73	152.43
EBIT	669.92	670.17	704.23	619.1	480.94	372.43
EBIT Margin	13.17%	13.35%	15.24%	15.04%	12.37%	10.71%
Effective Tax Rate	26.82%	27.14%	26.73%	26.63%	27.17%	27.48%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.