Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD | Market Cap | 18.41B +48.0% |
| Revenue (ttm) | 5.56B +8.8% |
| Net Income | 514.99M +6.0% |
| EPS | 6.28 +6.1% |
| Shares Out | 81.56M |
| PE Ratio | 35.96 |
| Forward PE | 26.50 |
| Dividend | 2.24 (0.99%) |
| Ex-Dividend Date | Sep 4, 2026 |
| Volume | 191,928 |
| Open | 225.97 |
| Previous Close | 225.73 |
| Day's Range | 224.21 - 229.04 |
| 52-Week Range | 152.68 - 243.50 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 253.89 (+11.95%) |
| Earnings Date | Nov 3, 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 9 analysts, the average rating for TIH stock is "Buy." The 12-month stock price target is $253.89, which is an increase of 11.95% from the latest price.
News
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...
Javed Mirza's Past Picks: Toromont Industries, Stella-Jones & Nutrien
Javed Mirza, quantitative and technical Strategist at Raymond James, discusses his past stock picks and how they're doing in the market today.
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 Registration statement: Q2 2026
Toromont Industries filed a registration statement on July 29, 2026, providing details about a securities offering with the SEC.
Toromont Industries Registration statement: Q2 2026
Toromont Industries filed a registration statement on July 29, 2026, providing details about a securities offering with the SEC.
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.
Toromont Industries price target raised to C$238 from C$229 at Scotiabank
Scotiabank raised the firm’s price target on Toromont Industries (TMTNF) to C$238 from C$229 and keeps a Sector Perform rating on the shares.
Toromont Industries price target raised to C$256 from C$234 at RBC Capital
RBC Capital raised the firm’s price target on Toromont Industries (TMTNF) to C$256 from C$234 and keeps an Outperform rating on the shares.
Toromont Industries upgraded to Market Perform from Underperform at Raymond James
Raymond James analyst Steve Hansen upgraded Toromont Industries (TMTNF) to Market Perform from Underperform with a price target of C$235, up from C$190. Wednesday’s update reinforced the firm’s convic...
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.
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.
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.
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.
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.
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.
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.
Toromont Industries Earnings release: Q1 2026
Toromont Industries released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.
Toromont Industries Slides: Q1 2026
Toromont Industries has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.