Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD | Market Cap | 15.03B +11.9% |
| Revenue (ttm) | 5.90B +16.0% |
| Net Income | 566.49M +14.3% |
| EPS | 6.89 +13.8% |
| Shares Out | 81.60M |
| PE Ratio | 26.74 |
| Forward PE | 19.91 |
| Dividend | 2.24 (1.22%) |
| Ex-Dividend Date | Dec 7, 2026 |
| Volume | 484,684 |
| Open | 189.04 |
| Previous Close | 189.04 |
| Day's Range | 183.92 - 192.44 |
| 52-Week Range | 155.85 - 243.50 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 248.74 (+35.08%) |
| Earnings Date | Nov 2, 2026 |
About Toromont Industries
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the supply and rent business; providing product support services for specialized mobile equipment, industrial engines, material handling lift trucks, and heavy equipment rentals; designing and fabricating power generation and storage enclosures; suppling control systems for specialized mobile equipment; and developing distributed generato... [Read more]
Financial Performance
In 2025, Toromont Industries's revenue was 5.20 billion, an increase of 3.62% compared to the previous year's 5.02 billion. Earnings were 496.59 million, a decrease of -1.96%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for TIH stock is "Buy." The 12-month stock price target is $248.74, which is an increase of 35.08% from the latest price.
News
Toromont Industries price target raised to C$250 from C$248 at BMO Capital
BMO Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$250 from C$248 and keeps an Outperform rating on the shares.
Toromont Industries price target raised to C$244 from C$239 at Scotiabank
Scotiabank analyst Jonathan Goldman raised the firm’s price target on Toromont Industries (TMTNF) to C$244 from C$239 and keeps an Outperform rating on the shares.
CIBC upgrades Toromont Industries to Outperformer, sees better entry point
As previously reported, CIBC upgraded Toromont Industries (TMTNF) to Outperformer from Neutral with a price target of C$256, up from C$242. The firm, which has been waiting for an attractive…
What Toromont Industries (TIH) Said on Its Q3 Earnings Call
Toromont Industries TSE: TIH reported third-quarter revenue growth of 26% to approximately C$1.65 billion, supported by higher equipment deliveries, rental activity and product support revenue. Operat...
Toromont Industries upgraded to Outperformer from Neutral at CIBC
CIBC analyst Krista Friesen upgraded Toromont Industries (TMTNF) to Outperformer from Neutral with a C$256 price target
Toromont Industries Earnings Call Transcript: Q3 2026
Q3 revenue rose 26%, operating income 46%, and bookings 50%, with backlog reaching ~CAD 2.9B. Strong liquidity and improving activity support growth into 2027, tempered by trade, supply and market uncertainties.
Toromont Industries Earnings release: Q3 2026
Toromont Industries released its Q3 2026 earnings on November 3, 2026, summarizing the period's financial results.
Toromont Industries Report: Q3 2026
Toromont Industries published a report on November 3, 2026 containing material business information for investors and shareholders.
Toromont Industries MD&A: Q3 2026
Toromont Industries filed a regulatory document on November 3, 2026 disclosing important business information.
Toromont Industries Slides: Q3 2026
Toromont Industries has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 3, 2026.
Toromont Industries Q3 26 Earnings Conference Call At 8:00 AM ET
(RTTNews) - Toromont Industries Ltd. (TIH.TO) will host a conference call at 8:00 AM ET on November 3, 2026, to discuss Q3 26 earnings results.
Toromont Industries Ltd. Reveals Climb In Q3 Profit
(RTTNews) - Toromont Industries Ltd. (TIH.TO) reported earnings for its third quarter that Increased, from last year
Toromont Industries initiated with a Sell at Veritas
Veritas analyst Will Guy initiated coverage of Toromont Industries (TMTNF) with a Sell rating and C$192 price target
Toromont Industries initiated with a Buy at Stifel
Stifel initiated coverage of Toromont Industries (TMTNF) with a Buy rating and C$250 price target Stifel believes the entry point at the current valuation “leaves little opportunity for significant mu...
Toromont Industries Q2 Earnings Call Highlights
Toromont Industries TSE: TIH reported higher revenue and operating income in the second quarter of 2026, led by growth in its Equipment Group and expanding production at its AVL power-generation enclo...
Toromont Industries price target raised to C$265 from C$256 at RBC Capital
RBC Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$265 from C$256 and keeps an Outperform rating on the shares.
Toromont Industries price target raised to C$242 from C$240 at CIBC
CIBC analyst Krista Friesen raised the firm’s price target on Toromont Industries (TMTNF) to C$242 from C$240 and keeps a Neutral rating on the shares.
Scotiabank upgrades Toromont Industries to Outperform on good risk/reward
As previously reported, Scotiabank upgraded Toromont Industries (TMTNF) to Outperform from Sector Perform with a price target of C$239, up from C$238. The stock has given up all the gains…
Toromont Industries upgraded to Outperform from Sector Perform at Scotiabank
Scotiabank analyst Jonathan Goldman upgraded Toromont Industries (TMTNF) to Outperform from Sector Perform with a C$239 price target
Toromont Industries Earnings Call Transcript: Q2 2026
Revenue and earnings grew strongly in Q2 and the first half, led by the Equipment Group and AVL expansion, while CIMCO faced project timing headwinds. Backlog remains robust at CAD 2.9 billion, supporting a positive outlook despite ongoing supply chain and macroeconomic uncertainties.
Toromont Industries Earnings release: Q2 2026
Toromont Industries released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Toromont Industries Report: Q2 2026
Toromont Industries published a report on July 29, 2026 containing material business information for investors and shareholders.
Toromont Industries MD&A: Q2 2026
Toromont Industries filed a regulatory document on July 29, 2026 disclosing important business information.
Toromont Industries Slides: Q2 2026
Toromont Industries has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
Toromont Industries price target raised to C$240 from C$215 at CIBC
CIBC raised the firm’s price target on Toromont Industries (TMTNF) to C$240 from C$215 and keeps a Neutral rating on the shares.