Toromont Industries Ltd. (TSX:TIH)

Canada flag Canada · Delayed Price · Currency is CAD
217.30
+0.01 (0.00%)
May 8, 2026, 4:00 PM EST
Market Cap17.72B +88.2%
Revenue (ttm)5.34B +4.8%
Net Income514.85M +3.6%
EPS6.29 +4.1%
Shares Out81.53M
PE Ratio34.56
Forward PE29.20
Dividend2.24 (1.03%)
Ex-Dividend DateJun 5, 2026
Volume159,169
Average Volume226,130
Open217.60
Previous Close217.29
Day's Range217.00 - 219.17
52-Week Range112.67 - 225.00
Beta0.98
RSI60.78
Earnings DateApr 28, 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]

Founded 1961
Employees 7,900
Stock Exchange Toronto Stock Exchange
Ticker Symbol TIH
Full Company Profile

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 Statements

News

Toromont Industries price target raised to C$240 from C$232 at TD Securities

TD Securities raised the firm’s price target on Toromont Industries (TMTNF) to C$240 from C$232 and keeps a Buy rating on the shares.

6 days ago - TheFly

Toromont Industries price target raised to C$229 from C$208 at Scotiabank

Scotiabank analyst Jonathan Goldman raised the firm’s price target on Toromont Industries (TMTNF) to C$229 from C$208 and keeps a Sector Perform rating on the shares.

10 days ago - TheFly

Toromont Industries price target raised to C$215 from C$200 at CIBC

CIBC analyst Krista Friesen raised the firm’s price target on Toromont Industries (TMTNF) to C$215 from C$200 and keeps a Neutral rating on the shares.

10 days ago - TheFly

Toromont Industries price target raised to C$234 from C$207 at RBC Capital

RBC Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$234 from C$207 and keeps an Outperform rating on the shares.

10 days ago - TheFly

Toromont Industries price target raised to C$240 from C$235 at Canaccord

Canaccord analyst Yuri Lynk raised the firm’s price target on Toromont Industries (TMTNF) to C$240 from C$235 and keeps a Buy rating on the shares.

10 days ago - TheFly

Toromont Industries Ltd (TMTNF) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and ...

Toromont Industries Ltd (TMTNF) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Robust Backlog

10 days ago - GuruFocus

Q1 2026 Toromont Industries Ltd Earnings Call Transcript

Q1 2026 Toromont Industries Ltd Earnings Call Transcript

10 days ago - GuruFocus

Toromont Industries price target raised to C$228 from C$215 at BMO Capital

BMO Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$228 from C$215 and keeps an Outperform rating on the shares.

11 days ago - TheFly

Toromont Industries Earnings Call Transcript: Q1 2026

Revenue and earnings grew strongly in Q1 2026, with significant gains in equipment sales, rentals, and AVL's data center enclosure business. Backlog and bookings surged, margins improved, and liquidity remains robust, supporting ongoing strategic investments and expansion.

11 days ago - Transcripts

Toromont Industries Ltd. Reports Climb In Q1 Bottom Line

(RTTNews) - Toromont Industries Ltd. (TIH.TO) reported earnings for its first quarter that Increased, from the same period last year

11 days ago - Nasdaq

TOROMONT ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2026 AND QUARTERLY DIVIDEND

TORONTO , April 28, 2026 /CNW/ - Toromont Industries Ltd. (TSX: TIH) today reported its financial results for the first quarter ended March 31, 2026. Three months ended March 31 ($ millions, except p...

11 days ago - Benzinga

Toromont Industries upgraded to Buy from Hold at Canaccord

Canaccord analyst Yuri Lynk upgraded Toromont Industries (TMTNF) to Buy from Hold with a price target of C$235, up from C$200. The firm cites the acceleration in data center build-out

13 days ago - TheFly

Toromont Industries price target raised to C$215 from C$210 at BMO Capital

BMO Capital analyst Devin Dodge raised the firm’s price target on Toromont Industries (TMTNF) to C$215 from C$210 and keeps an Outperform rating on the shares.

4 weeks ago - TheFly

Toromont Industries price target raised to C$208 from C$181 at Scotiabank

Scotiabank raised the firm’s price target on Toromont Industries (TMTNF) to C$208 from C$181 and keeps a Sector Perform rating on the shares.

2 months ago - TheFly

Toromont Industries price target raised to C$228 from C$195 at TD Securities

TD Securities analyst Cherilyn Radbourne raised the firm’s price target on Toromont Industries (TMTNF) to C$228 from C$195 and keeps a Buy rating on the shares.

2 months ago - TheFly

Toromont Industries price target raised to C$200 from C$172 at Canaccord

Canaccord raised the firm’s price target on Toromont Industries (TMTNF) to C$200 from C$172 and keeps a Hold rating on the shares.

3 months ago - TheFly

Toromont Industries price target raised to C$200 from C$180 at CIBC

CIBC analyst Krista Friesen raised the firm’s price target on Toromont Industries (TMTNF) to C$200 from C$180 and keeps a Neutral rating on the shares.

3 months ago - TheFly

Toromont Industries price target raised to C$207 from C$180 at RBC Capital

RBC Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$207 from C$180 and keeps an Outperform rating on the shares.

3 months ago - TheFly

Toromont Industries price target raised to C$210 from C$196 at BMO Capital

BMO Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$210 from C$196 and keeps an Outperform rating on the shares.

3 months ago - TheFly

Toromont Industries Earnings Call Transcript: Q4 2025

Q4 and full-year revenue grew, driven by strong Equipment Group and Cimco performance, with backlog at record levels. AVL acquisition boosted revenue but added significant non-cash expenses, while a 7.7% dividend increase was approved.

3 months ago - Transcripts

Toromont Industries price target raised to C$181 from C$175 at Scotiabank

Scotiabank raised the firm’s price target on Toromont Industries (TMTNF) to C$181 from C$175 and keeps a Sector Perform rating on the shares.

3 months ago - TheFly

Toromont Industries price target raised to C$180 from C$151 at RBC Capital

RBC Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$180 from C$151 and keeps an Outperform rating on the shares.

6 months ago - TheFly

Toromont Industries price target raised to C$172 from C$168 at CIBC

CIBC raised the firm’s price target on Toromont Industries (TMTNF) to C$172 from C$168 and keeps a Neutral rating on the shares.

6 months ago - TheFly

Toromont Industries price target raised to C$176 from C$164 at National Bank

National Bank raised the firm’s price target on Toromont Industries (TMTNF) to C$176 from C$164 and keeps an Outperform rating on the shares.

6 months ago - TheFly

Toromont Industries price target raised to C$172 from C$160 at Canaccord

Canaccord raised the firm’s price target on Toromont Industries (TMTNF) to C$172 from C$160 and keeps a Hold rating on the shares.

6 months ago - TheFly