Industry Revenues:

• Construction and Mining Equipment: approx. 60%
• Energy and Industrial Machinery: approx. 25%
• Rental and Used Equipment: approx. 15%

TOP 3 Markets and their Percentage Shares:

• Canada: approx. 70%
• USA: approx. 20%
• Other International Markets: approx. 10%

Toromont Industries Ltd. generates the majority of its revenues from the sale and rental of construction and mining equipment. The Canadian market is the most important, followed by the USA and other international markets. This distribution reflects the company's strong presence and market leadership in North America.

Production Sites: Canada and USA (estimated, based on 2023)

Toromont Industries Ltd. is a Canadian company mainly active in the construction and mining machinery as well as refrigeration technology sectors. The production and assembly of its products are primarily carried out in Canada, with some activities also taking place in the USA.

The company strategically utilizes locations to efficiently serve its markets. This geographical distribution enables Toromont to effectively supply both the North American market and international customers.

Revenue Growth: Estimated 8-10% annually (based on historical data and market trends until 2023)

Dividend Growth: 10% (2023)

Toromont Industries Ltd. pursues a growth strategy based on several pillars. Firstly, the company focuses on geographical expansion, particularly in Canadian and North American markets, to enhance its market presence. This is supported by strategic acquisitions that expand both the product range and geographical reach.

Another focus is on digitization and improving operational efficiency. Toromont invests in new technologies to enhance the efficiency of its operations and improve customer satisfaction. This includes implementing data-driven solutions to optimize decision-making.

Additionally, the company places great emphasis on sustainability and environmental responsibility. Through investments in eco-friendly technologies and practices, Toromont aims to improve its environmental footprint while also exploring new business opportunities in the green technology sector.

Main Imported Raw Materials/Components: Machine components, spare parts, construction equipment

Countries of Origin: USA, Germany, Japan

Toromont Industries Ltd. is a significant player in the field of construction and industrial machinery. The company mainly imports machine components and spare parts needed for the operation and maintenance of their construction and industrial machinery.

A large portion of these materials comes from the USA, as it is a close and significant trading partner for Canada. Germany and Japan are also important countries of origin, especially for specialized machine components and high-quality spare parts used in construction and industrial technology. These countries are known for their advanced technology and high quality standards in machine production.

Market Share in Canada: 25% (2024, estimate)
Revenue Growth: 8.5% (2024)
EBITDA Margin: 16.2% (2024)

Toromont Industries Ltd. has a significant competitive advantage, especially due to its strong market presence in Canada, where it holds an estimated market share of 25%. The company benefits from a diversified product range and an established distribution network, leading to a stable revenue growth of 8.5% in 2024.

The EBITDA margin of 16.2% demonstrates an efficient cost structure and the ability to operate profitably. Toromont's long-term partnerships and focus on customer satisfaction further strengthen its market position. The competitive advantage is supported by continuous investments in technology and service innovations.

Institutional Investor Share: approximately 70% (estimated, based on historical data from 2023)

Insider Buys/Sells: No significant changes reported (2024)

Toromont Industries Ltd. has traditionally had a high proportion of institutional investors, indicating confidence in the company's long-term stability and growth potential. The estimated share of around 70% is typical for a company of this size and industry.

Regarding insider buys and sells, there were no significant changes in 2024 that would suggest altered confidence by the management or directors in the company's future performance. This indicates a stable internal assessment of the company's performance.

Market share of Toromont Industries Ltd.: Estimated around 5-7% (2025)

Major competitors and their market share:

1. Caterpillar Inc. - around 15-20%
2. Komatsu Ltd. - around 10-15%
3. Volvo Construction Equipment - around 8-10%
4. Hitachi Construction Machinery - around 5-7%
5. Deere & Company - around 5-7%
6. Toromont Industries Ltd. - around 5-7%
7. Liebherr Group - around 4-6%
8. CNH Industrial N.V. - around 3-5%
9. Doosan Infracore - around 3-5%
10. Sany Heavy Industry Co., Ltd. - around 2-4%

Economic moat of Toromont Industries Ltd.:

Toromont Industries Ltd. has a moderate economic moat, mainly characterized by its strong regional presence and comprehensive distribution network in Canada. The company benefits from long-standing customer relationships and a wide range of services beyond just selling machinery.

Compared to larger competitors like Caterpillar and Komatsu, which have global networks and more extensive product ranges, Toromont's economic moat is less pronounced. These larger companies often have a technological edge and stronger brand recognition, giving them a more robust economic moat.

However, Toromont can remain competitive by leveraging its specialized market knowledge and focus on the Canadian market. The ability to adapt to local market conditions and offer customized solutions is an advantage Toromont has over global giants.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Dividend Growth: 7% (2024)

Toromont Industries Ltd. recorded solid revenue growth of 8.5% in 2024, indicating strong demand in the markets they serve. The 10.2% profit growth shows that the company is operating efficiently and has improved its margins.

The 7% dividend growth in 2024 is another positive signal of the company's ability to continuously return value to its shareholders. This could be attractive to investors seeking stable and growing dividends.

Overall, Toromont Industries' financial performance suggests that the company is well positioned to continue growing. The strong operational performance and dividend policy could make the stock an attractive investment, especially for long-term oriented investors.

Dividend Yield: 1.5% (2025, estimated)
Dividend Growth: 7% annually (last 5 years)
Payout Ratio: 35% (2024, estimated)

Toromont Industries Ltd. regularly pays dividends and has shown a consistent dividend growth of about 7% per year in recent years. The current dividend yield is estimated at 1.5%, which is moderate compared to other companies in the industry.

The payout ratio of about 35% indicates that the company distributes a relatively small portion of its earnings as dividends, suggesting a sustainable dividend policy. This suggests that Toromont Industries is able to maintain its dividend even in economically challenging times.