Toromont Industries Ltd.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Michael Stanley Howie McMillan
- Full Time Employees
- 7,900
- Sector
- Industrials
- Industry
- Industrial - Distribution
- Address
- 3131 Highway 7 West Concord ON Canada L4K 1B7
- IPO Date
- Jan 5, 2010
- CIK
- 0002072098
- Website
- toromont.com
- Similar Companies
- Business
- Toromont Industries Ltd. (TSX: TIH) operates as a market-leading Canadian provider of specialized capital equipment and lifetime product support services to customers in essential industries including mining, construction, infrastructure, power generation, forestry, agriculture and waste management. The company functions through two primary segments: Equipment Group and CIMCO; Equipment Group sells, rents and services Caterpillar mobile equipment, engines for industrial, marine, on-highway trucks and power generation applications, high-efficiency power plants, brand-name rental equipment, construction supplies, tools, safety training solutions, machine control and site positioning technologies from Trimble and Cat AccuGrade, specialized tool crib rentals for trade contractors, and lift trucks, container handlers, industrial batteries, chargers and racking systems primarily across Eastern Canada in seven provinces and one territory; CIMCO designs, engineers, fabricates, installs and supports industrial and recreational refrigeration systems, thermal management solutions, heat pump systems and equipment using natural refrigerants for food and beverage processing, cold storage, mining, ice rinks and commercial markets in Canada and the United States. Founded in 1961 and headquartered in Concord, Ontario, Toromont generated over $5 billion in revenue in 2024 from more than 160 locations, with operations extending into the United States and select international markets. Recent strategic developments include the acquisition of Tri-City Equipment Rentals in September 2024 to expand heavy rental capabilities, the February 2025 investment acquiring 60% ownership of AVL Manufacturing Inc. for power generation and storage enclosures serving data centres across eastern North America with a commitment to purchase the remaining 40% by 2031, a Cdn$300 million private offering of 3.76% senior unsecured notes due 2030 in March 2025, quarterly dividend increases following strong 2024 full-year results, and a normal course issuer bid renewal in September 2024.
Toromont Industries Ltd. (TIH:CA) Q1 2026 Earnings Call Transcript
Toromont Industries (OTCMKTS:TMTNF) Share Price Passes Above 50 Day Moving Average – Time to Sell?
Safe Stocks Exist, You're Just Looking In The Wrong Places
Toromont Industries (OTCMKTS:TMTNF) Shares Gap Down – Should You Sell?
The Two Forces Reshaping Your Portfolio - February Dividend Income Report
Toromont Industries Ltd. (TIH:CA) Q4 2025 Earnings Call Transcript
Toromont Industries (OTCMKTS:TMTNF) Share Price Passes Above Fifty Day Moving Average – Should You Sell?
5 Dividend Stocks Boosted By The AI Revolution
Toromont Industries Ltd. (TIH:CA) Q3 2025 Earnings Call Transcript
Toromont Industries Ltd. (TMTNF) Q2 2025 Earnings Call Transcript
Toromont Industries Ltd. (TMTNF) Q1 2025 Earnings Call Transcript
Toromont: Digging Those Dividend Increases
Toromont Industries Ltd. (TMTNF) Q4 2024 Earnings Conference Call Transcript
Toromont Industries: Paving The Way For Good Returns On The Road Ahead
Toromont Industries Ltd. (TMTNF) Q3 2024 Earnings Call Transcript
Market Movers: 2 Top Dividend Stocks I'm Watching No Matter Who Wins
Toromont Industries: A Dividend Aristocrat Worth Owning For The Long Run
Canadian Low-Yield Stocks Even Retirees Will Like
Toromont Industries Ltd (TMTNF) Q3 2023 Earnings Call Transcript
Toromont Industries Ltd. (TMTNF) Q2 2023 Earnings Call Transcript