Toromont Industries Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,203	5,021	4,622	4,115	3,887
Revenue Growth (YoY)	3.62%	8.63%	12.32%	5.89%	11.72%
Cost of Revenue	3,881	3,759	3,377	2,997	2,917
Gross Profit	1,322	1,263	1,245	1,119	969.77
Selling, General & Admin	640.92	572.76	523.76	481.42	471.03
Operating Expenses	640.92	592.46	540.66	499.42	488.83
Operating Income	681.28	670.17	704.23	619.1	480.94
Interest Expense	-35.4	-28.66	-28.1	-27.33	-28.16
Interest & Investment Income	43.45	53.64	45.98	21.72	9.03
Other Non Operating Income (Expenses)	-7.89	-	-	-	-
EBT Excluding Unusual Items	681.44	695.15	722.11	613.48	461.8
Other Unusual Items	-	-	-	-	-5
Pretax Income	681.44	695.15	722.11	613.48	456.8
Income Tax Expense	184.86	188.64	193.01	163.38	124.09
Earnings From Continuing Operations	496.59	506.52	529.11	450.1	332.71
Earnings From Discontinued Operations	-	-	5.61	4.1	-
Net Income	496.59	506.52	534.71	454.2	332.71
Net Income to Common	496.59	506.52	534.71	454.2	332.71
Net Income Growth	-1.96%	-5.27%	17.73%	36.52%	30.52%
Shares Outstanding (Basic)	81	82	82	82	83
Shares Outstanding (Diluted)	82	83	83	83	83
Shares Change (YoY)	-0.88%	-0.37%	-0.10%	-0.35%	0.79%
EPS (Basic)	6.11	6.18	6.50	5.52	4.03
EPS (Diluted)	6.07	6.13	6.45	5.47	4.00
EPS Growth	-0.98%	-4.93%	17.89%	36.73%	29.45%
Free Cash Flow	513.96	222.71	241.32	148.4	471.52
Free Cash Flow Per Share	6.28	2.70	2.91	1.79	5.66
Dividend Per Share	-	1.920	1.720	1.560	1.360
Dividend Growth	-	11.63%	10.26%	14.71%	9.68%
Gross Margin	25.41%	25.15%	26.93%	27.18%	24.95%
Operating Margin	13.09%	13.35%	15.24%	15.04%	12.37%
Profit Margin	9.54%	10.09%	11.57%	11.04%	8.56%
Free Cash Flow Margin	9.88%	4.44%	5.22%	3.61%	12.13%
EBITDA	998.23	864.02	876.31	772.03	627.66
EBITDA Margin	19.19%	17.21%	18.96%	18.76%	16.15%
D&A For EBITDA	316.95	193.85	172.08	152.93	146.73
EBIT	681.28	670.17	704.23	619.1	480.94
EBIT Margin	13.09%	13.35%	15.24%	15.04%	12.37%
Effective Tax Rate	27.13%	27.14%	26.73%	26.63%	27.17%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.