Toromont Industries (TSE:TIH) Releases Earnings Results

Posted by on Jul 28th, 2026

Toromont Industries (TSE:TIH – Get Free Report) issued its earnings results on Tuesday. The company reported C$2.20 EPS for the quarter, FiscalAI reports. Toromont Industries had a return on equity of 16.06% and a net margin of 9.64%.The business had revenue of C$1.60 billion during the quarter.

Toromont Industries Stock Down 0.7%

TIH traded down C$1.40 during midday trading on Tuesday, hitting C$209.23. 688,173 shares of the company’s stock traded hands, compared to its average volume of 270,261. The company has a market cap of C$17.06 billion, a PE ratio of 33.26, a price-to-earnings-growth ratio of 3.72 and a beta of 0.98. The stock’s fifty day simple moving average is C$224.80 and its 200-day simple moving average is C$207.29. The company has a debt-to-equity ratio of 25.19, a current ratio of 3.17 and a quick ratio of 1.38. Toromont Industries has a one year low of C$131.94 and a one year high of C$243.50.

Toromont Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Thursday, July 2nd were given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, June 5th. Toromont Industries’s dividend payout ratio (DPR) is presently 33.70%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TIH. Royal Bank Of Canada increased their price objective on Toromont Industries from C$234.00 to C$256.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Raymond James Financial raised Toromont Industries from a “market perform” rating to an “outperform” rating and lifted their target price for the company from C$190.00 to C$235.00 in a research note on Thursday, June 18th. Canadian Imperial Bank of Commerce lifted their target price on Toromont Industries from C$215.00 to C$240.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. National Bank Financial upped their target price on Toromont Industries from C$216.00 to C$259.00 and gave the company an “outperform” rating in a report on Tuesday, June 23rd. Finally, BMO Capital Markets increased their price target on shares of Toromont Industries from C$215.00 to C$228.00 in a research report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Toromont Industries presently has an average rating of “Moderate Buy” and a consensus price target of C$238.67.

View Our Latest Analysis on TIH

Toromont Industries Company Profile

(Get Free Report)

Toromont operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory – spanning the Canadian provinces of Newfoundland & Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Québec, Ontario, and Manitoba in addition to most of the territory of Nunavut. In addition, the Equipment Group includes industry leading rental operations, and a complementary material handling business.

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Earnings History for Toromont Industries (TSE:TIH)

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