Toromont Industries Ltd. (TIH)

Currency in CAD
216.62
+0.71(+0.33%)
Real-time Data·
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Fair Value
Day's Range
212.89217.34
52 wk Range
141.11243.50
Key Statistics
Prev. Close
215.91
Open
215
Day's Range
212.89-217.34
52 wk Range
141.11-243.5
Volume
23.21K
Average Volume (3m)
293.98K
1-Year Change
52.5445%
Book Value / Share
42.28
Fair Value
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Fair Value Upside
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TIH Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
253.89
Upside
+17.20%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 13 consecutive years

Toromont Industries Ltd. News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

8 Buy
1 Hold
0 Sell
Ratings:
9 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 253.89
(+17.20% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
CIBC
Hold242.00+11.76%240.00MaintainJul 30, 2026
RBC Capital
Buy265.00+22.38%256.00MaintainJul 30, 2026
BMO Capital
Buy248.00+14.53%247.00MaintainJul 30, 2026
Canaccord
Buy260.00+20.08%240.00MaintainJul 30, 2026
CIBC
Hold240.00+10.84%215.00MaintainJul 08, 2026

Toromont Industries Ltd. Earnings Call Summary for Q2/2026

  • Q2 revenue rose 16% YoY to $1.6B, beating estimates, but EPS of $1.51 missed forecasts due to $54.3M in AVL purchase commitment expenses.
  • Operating income surged 41% with margins expanding to 13.6% YTD from 11.0%, driven by strong equipment sales, rentals, and improved product mix.
  • Company secured $1B AVL order for 2027 delivery; new Hamilton facility to add 40-50% capacity by mid-2027 with full ramp expected thereafter.
  • Equipment Group backlog stands at $2.5B with 60% deliverable over 12 months; CIMCO backlog at $375M supporting rest of year outlook.
  • Balance sheet remains robust with $1.2B cash, negative 13% net debt-to-capital ratio, and 3.17 current ratio positioning firm for growth.
Last Updated: 2026-07-29, 09:02 a/m
Read Full Transcript

Earnings

Latest Release
Jul 28, 2026
EPS / Forecast
1.51 / 1.70
Revenue / Forecast
1.6B / 1.47B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 6.28%
Dividend Yield
1.04%
Industry Median 1.05%
Annualized payout
2.24
Paid quarterly
5-Years Growth
+11.03%
Growth Streak

TIH Income Statement

Compare TIH to Peers and Sector

Metrics to compare
TIH
Peers
Sector
Relationship
P/E Ratio
34.2x18.7x12.1x
PEG Ratio
5.610.310.03
Price/Book
5.1x1.9x1.4x
Price / LTM Sales
3.2x1.0x1.2x
Upside (Analyst Target)
18.6%22.5%25.3%
Fair Value Upside
Unlock11.0%7.4%Unlock

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 generators and combined heat and power projects using Caterpillar engines. This segment serves road building, mining, aggregates, public infrastructure, residential construction, power generation, forestry, on-highway truck engines, industrial, demolition and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets, as well as supplies thermal management solutions. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
30.38M37.25%6.56B
Other Institutional Investors
-516.16K-0.63%-111.44M
Public Companies & Retail Investors
51.70M63.39%11.16B
Total
81.56M100.00%17.61B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
FMR LLC4.47%3,645,220787,039
Vanguard Capital Management, LLC3.84%3,134,077676,679

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FAQ

What Is the Toromont Industries (TIH) Stock Price Today?

The Toromont Industries stock price today is 216.62 CAD.

What Stock Exchange Does Toromont Industries Trade On?

Toromont Industries is listed and trades on the Toronto Stock Exchange.

What Is the Stock Symbol for Toromont Industries?

The stock symbol for Toromont Industries is "TIH."

Does Toromont Industries Pay Dividends? What’s The Current Dividend Yield?

The Toromont Industries dividend yield is 1.04%.

What Is the Toromont Industries Market Cap?

As of today, Toromont Industries market cap is 17.64B CAD.

What Is Toromont Industries's Earnings Per Share (TTM)?

The Toromont Industries EPS (TTM) is 6.28.

When Is the Next Toromont Industries Earnings Date?

Toromont Industries will release its next earnings report on Nov 02, 2026.

From a Technical Analysis Perspective, Is TIH a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Toromont Industries Stock Split?

Toromont Industries has split 4 times.

How Many Employees Does Toromont Industries Have?

Toromont Industries has 7900 employees.

What is the current trading status of Toromont Industries (TIH)?

As of Aug 17, 2026, Toromont Industries (TIH) is trading at a price of 216.62 CAD, with a previous close of 215.91 CAD. The stock has fluctuated within a day range of 212.89 CAD to 217.34 CAD, while its 52-week range spans from 141.11 CAD to 243.50 CAD.

What Is Toromont Industries (TIH) Price Target According to Analysts?

The average 12-month price target for Toromont Industries is 253.89 CAD, with a high estimate of 265 CAD and a low estimate of 239 CAD. 8 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +17.20% Upside potential.
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