Business description: Toromont Industries Ltd.

Toromont Industries Ltd. is a Canada-based company, which serves the specialized equipment and product support needs of a diversified customer base. Its business units include Toromont Cat, Toromont Material Handling, SITECH, Battlefield Equipment Rentals-The Cat Rental Store, Jobsite Industrial Rental Services, and CIMCO. Its segment includes the Equipment Group and CIMCO. The Equipment Group segment includes a Caterpillar dealership by revenue and geographic territory, spanning the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba, in addition to various territories of Nunavut. Its business also includes heavy equipment rental operations and a material handling business. The CIMCO segment is engaged in the designing, engineering, fabrication and installation of industrial and recreational refrigeration systems. It is also engaged in designing and fabrication of power generation and storage enclosures.

Number of employees: 7,900

Sales by Activity: Toromont Industries Ltd.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Equipment Group

3.53B 3.88B 4.23B 4.56B 4.68B

CIMCO

361M 351M 397M 461M 524M

Geographical breakdown of sales: Toromont Industries Ltd.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Canada

3.8B 4.12B 4.48B 4.88B 4.79B

United States

87.74M 110M 138M 139M 415M

International

3.16M 1.02M 555K 2.74M 1.31M

Executive Committee: Toromont Industries Ltd.

Manager TitleAgeSince
Chief Executive Officer 58 2023-09-30
Director of Finance/CFO 63 2023-09-30
Corporate Officer/Principal - -
General Counsel 46 2025-05-31
Corporate Officer/Principal - -

Composition of the Board of Directors: Toromont Industries Ltd.

Director TitleAgeSince
Director/Board Member 65 2013-07-28
Director/Board Member 68 2013-07-28
Chairman 70 2021-07-14
Director/Board Member 59 2019-05-02
Director/Board Member 59 2019-05-02
Director/Board Member 58 2023-09-30
Director/Board Member 55 2020-12-31
Director/Board Member 66 2022-04-27
Director/Board Member 49 2024-11-05
Director/Board Member 64 2024-11-05

Shareholders: Toromont Industries Ltd.

NameEquities%Valuation
Manulife Investment Management Ltd.
0.8415 %
685,406 0.8415 % 87 M $
Lazard Asset Management Ltd.
0.2495 %
203,244 0.2495 % 26 M $
Sjunde AP-fonden
0.1577 %
128,466 0.1577 % 16 M $
I. G. Investment Management Ltd.
0.1308 %
106,507 0.1308 % 14 M $
Highstreet Asset Management, Inc.
0.1303 %
106,142 0.1303 % 14 M $

Company details: Toromont Industries Ltd.

Toromont Industries Ltd.

3131 Highway 7 West

L4K 1B7, Concord

+416 667 5511

http://www.toromont.com
address Toromont Industries Ltd.(TIH)

Heavy Machinery & Vehicles Wholesale

Change 5d. change 1-year change 3-years change Capi.($)
-2.01%-5.71%+70.07%+76.97% 11.95B
-0.16%-4.58%-11.09%+80.62% 12.71B
-1.27%-4.72%+116.08%+150.63% 8.42B
-0.86%-4.15%+13.60%+69.37% 617M
+0.74%-3.64%+19.85%+67.55% 588M
-0.30%+7.13%+78.85%+34.26% 539M
-4.75%-7.39%+16.90%-61.97% 413M
-0.23%-2.65%-0.90%-16.19% 218M
0.00%-2.44%+144.90%-32.58% 136M
+0.71%-3.82%-1.23% - 92.3M
Average -0.81%-3.20%+44.70%+40.96% 3.57B
Weighted average by Cap. -1.09%-4.80%+49.38%+92.16%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
199.61CAD
Average target price
207.89CAD
Spread / Average Target
+4.15%

Quarterly revenue - Rate of surprise

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