NVDA+0.84%AAPL−2.51%GOOGL−1.17%MSFT−2.04%AMZN−0.15%TSM+2.85%SPCX−1.20%AVGO+0.21%
StockVS

TSX · Industrial Distribution · CAD

Toromont Industries Ltd. (TIH.TO) Stock Analysis

Toromont Industries Ltd. (TIH.TO) is a Industrial Distribution stock listed on TSX and quoted in Canadian Dollar.

TIH.TO

CA$198.36

+CA$3.28 (+1.68%)

Sep 4, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare TIH.TO with… →

TIH.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$194.09
Previous Close
CA$195.08
Day's Range
194.09–200.03
52-Week Range
142.71–243.50
Volume
457.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.95
Valuation
Market Cap
CA$16.18B
P/E Ratio
31.59
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
21.27
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.32
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.91
EPS (ttm)Profit attributable to each share over the last twelve months.
6.28
Financials (FY)
Revenue (FY)
CA$5.20B+3.62%
Net Income (FY)
CA$496.59M−1.96%
Profit marginThe share of revenue left as profit after all costs and taxes.
9.26%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
81.56M
1-Year Return
+40.36%
Dividend and dates
Dividend
CA$2.24+1.13%
Ex-Dividend Date
September 4, 2026
Earnings Date
October 29, 2026estimated
Avg Volume
318.50K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

TIH.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+20.08%
2025+48.42%
2024−0.52%
2023+20.67%
2022−13.29%
2021+29.90%
2020+28.45%
2019+32.28%
2018+0.04%
2017+32.10%
2016 (partial year)+5.43%

As of September 4, 2026.

TIH.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$5.20BCA$496.59M9.5%
2024CA$5.02BCA$506.52M10.1%
2023CA$4.62BCA$534.71M11.6%
2022CA$4.12BCA$454.20M11.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$5.20BCA$1.32BCA$681.28MCA$496.59M9.5%
2024CA$5.02BCA$1.26BCA$670.17MCA$506.52M10.1%
2023CA$4.62BCA$1.24BCA$704.23MCA$534.71M11.6%
2022CA$4.12BCA$1.12BCA$619.10MCA$454.20M11.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

TIH.TO Dividend History

CA$2.08+8.3% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*CA$1.683—
2025CA$2.084+8.3%
2024CA$1.924+11.6%
2023CA$1.724+10.3%
YearDividends per sharePaymentsChange
2026 (partial year)CA$1.683—
2025CA$2.084+8.3%
2024CA$1.924+11.6%
2023CA$1.724+10.3%
2022CA$1.564+14.7%
2021CA$1.364+9.7%
2020CA$1.244+14.8%
2019CA$1.084+17.4%
2018CA$0.924+21.1%
2017CA$0.764+111.1%
2016CA$0.362—

Most recent payment: CA$0.56 per share, ex-dividend September 4, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

TIH.TO Valuation vs Industrial Distribution Median

Median of 31 stocks
MetricTIH.TOIndustrial Distribution medianvs median
P/E31.5922.4841% above
P/S ratio2.910.99194% above
Profit margin9.26%3.41%5.8 pts above

Medians across 31 Industrial Distribution stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Toromont Industries Ltd. (TIH.TO) at CA$16.18B. It is classified in the Industrial Distribution industry, within the Industrials sector. The company reports 7,900 employees.

The 52-week range on file runs from CA$142.71 to CA$243.50. The most recent close on file for TIH.TO is CA$198.36, dated September 4, 2026. That is +CA$3.28 (+1.68%) against the previous close. The latest close sits 39% above that 52-week low.

Financial Health

In fiscal 2025, Toromont Industries Ltd. reported revenue of CA$5.20B. That is +3.62% against the prior fiscal year, when revenue was CA$5.02B. Net income for the same year was CA$496.59M. That is −1.96% against the prior fiscal year. The reported profit margin is 9.26%. That is 5.8 percentage points above the Industrial Distribution median of 3.41%. Earnings per share on a trailing basis come to 6.28.

Across the 4 fiscal years on file, revenue moves from CA$4.12B in 2022 to CA$5.20B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 31.59 times earnings. That is 40.52% above the Industrial Distribution median of 22.48. On forward earnings the ratio is 21.27. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.32. The price-to-sales ratio is 2.91. On price-to-sales that is 194.39% above the Industrial Distribution median of 0.99. 31 Industrial Distribution companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned +40.36%. Across 10 years the annualized return works out at +19.10%. The reported beta is 0.95. Daily returns over the trailing 10 years annualize to a volatility of 24.01%.

Growth & Income

Shareholders receive a dividend, yielding 1.13% on the latest price. That is 1 percentage points below the Industrial Distribution median yield of 2.13%. The indicated annual rate is CA$2.24 a share. The ex-dividend date on file is September 4, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling CA$1.68 a share. The year before, 2025, totalled CA$2.08 a share.

The strongest complete calendar year on file is 2025 at +48.42%; the weakest is 2022 at −13.29%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the price is +20.08%.

Peer Comparison

Toromont Industries Ltd. (TIH.TO) operates in the Industrial Distribution industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Toromont Industries Ltd. TIH.TO CA$16.18B 31.6
W.W. Grainger, Inc. GWW CA$62.38B 33.5
Fastenal Company FAST CA$56.92B 42.4
Ferguson Enterprises Inc. FERG CA$44.19B 22.5

The Industrial Distribution industry average P/E ratio is 22.5x. Toromont Industries Ltd. trades at a P/E of 31.6.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related Industrial Distribution Stocks

GWW

W.W. Grainger, Inc.

$62.38B

 FAST

Fastenal Company

$56.92B

 FERG

Ferguson Enterprises Inc.

$44.19B

 WCC

WESCO International, Inc.

$17.13B

 QXO

QXO, Inc.

$13.85B

 WSO

Watsco, Inc.

$13.00B
View all Industrial Distribution stocks →

Popular Industrials Stocks

SPCX

Space Exploration Technologies Corp.

$1.95T

 CAT

Caterpillar Inc.

$374.15B

 GE

GE Aerospace

$349.78B

 RTX

RTX Corporation

$270.62B

 GEV

GE Vernova Inc.

$250.87B
View all Industrials stocks →

About Toromont Industries Ltd.

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.

Visit website →