Toromont Industries
Highly Engaged Employees
Highly Engaged EmployeesIndustrial Machinery & Equipment · Canada · 5K - 10K Employees
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Overview
Headquarters
3131 Highway 7 West, Concord, Ontario, L...Phone Number
(302) 451-0200Website
www.toromont.comRevenue
$3.5 BillionStock Symbol
TMTNFIndustry
ZI Rank: 1
Signal Type
Feb
Mar
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ZI Rank
1
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About Toromont Industries
Founded in 1961, Toromont is a diversified growth company specializing in industrial and commercial equipment sales and rentals. Toromont provides equipment rentals for the construction, mining, waste management, forestry, agriculture, and shipping industries. Toromont is also a supplier of refrigeration equipment. Toromont is headquartered in Concord, Ontario.Explore more
Toromont Industries Org Chart
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Company Profile Activity
Activity Insights
Toromont Industries is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Toromont Industries is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Toromont Industries.
Toromont Industries Tech Stack
A closer look at the technologies used by Toromont Industries
Most Recent Scoops
Earnings
Toromont Industries has reported product support revenue growth of 8% in Q2 and 9% year-to-date within the Equipment Group, with construction up 6%, mining up 18%, power systems down 1%, and material handling up 4% for the quarter.
Construction
Earnings
Toromont Industries has reported a Return on Equity of 17% for Q2, slightly below the company's 18% target over the business cycle, with Return on Capital Employed at 24.8%, slightly higher year-over-year, reflecting increased net earnings; ROE was dampened by approximately 1.5% due to expenses associated with the accelerated purchase of additional shares of AVL during the quarter, increasing ownership to 80%.
Earnings, Stake & Stock Ownership, Finance
Earnings
Toromont Industries has reported that AVL revenues were CAD 171 million in Q2 2026 versus CAD 57 million in Q2 2025, and CAD 300 million year-to-date versus CAD 79 million in H1 2025, with Q2 2026 results net of purchase commitment expenses of CAD 54.3 million compared to CAD 1.7 million in Q2 2025.
Earnings, Finance
Earnings
Toromont Industries has reported gross profit margin expansion of 270 basis points in Q2 and 330 basis points year-to-date compared to the prior year, driven by improved equipment sales mix and higher rental utilization, partially offset by a slight decrease in product support margins.
Earnings, Finance
Earnings
Earnings, Finance
Toromont Industries News & Media
Toromont Industries Ltd. (TIH:CA) Q2 2026 Earnings Call Transcript
Toromont Industries Ltd. (TIH:CA) Q2 2026 Earnings Call July 29, 2026 8:00 AM EDTCompany ParticipantsJohn Doolittle - Executive VP & CFOMichael Stanley...Toromont Industries Q1 Earnings Call Highlights
Toromont Industries (TSE:TIH) reported higher revenue and earnings in the first quarter of 2026, citing strong execution across most areas of the business despite what President and CEO Mike McMillan described as “ongoing uncertainty in global trade markets.” Q1 results: revenue up 13%, operating iTOROMONT ANNOUNCES ELECTION OF BOARD OF DIRECTORS - Yahoo Finance
Toromont Industries Ltd. (TSX: TIH) ("Toromont") is pleased to announce that on April 29, 2026, at its Annual General Meeting of Shareholders, all the nominees listed in its Management Information Circular dated March 6, 2026 were elected as Directors of Toromont. The detailed results of the vote are as follows:Toromont Industries Ltd. (TIH:CA) Q4 2025 Earnings Call Transcript
Toromont Industries Ltd. (TIH:CA) Q4 2025 Earnings Call February 11, 2026 8:00 AM ESTCompany ParticipantsJohn Doolittle - Executive VP & CFOMichael...
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Frequently Asked Questions Regarding Toromont Industries
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Founded in 1961, Toromont is a diversified growth company specializing in industrial and commercial equipment sales and rentals. Toromont provides equipment rentals for the construction, mining, waste management, forestry, agriculture, and shipping industries. Toromont is also a supplier of refrigeration equipment. Toromont is headquartered in Conc... Read More
