TMTNF (Toromont Industries) Gross Profit: $1,074 Mil (TTM As of Jun. 2026)

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TMTNF Toromont Industries Ltd TMTNF
94 GF Score
Price $148.25
GF Value $106.84
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Toromont Industries Gross Profit?

Toromont Industries TMTNF 94 Gross Profit is $1,074 Mil as of Jun. 2026. GuruFocus rates TMTNF with a GF Score™ of 94/100 and a GF Value™ of $106.84 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Toromont Industries's gross profit for the three months ended in Jun. 2026 was $307 Mil. Toromont Industries's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $1,074 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Toromont Industries's gross profit for the three months ended in Jun. 2026 was $307 Mil. Toromont Industries's Revenue for the three months ended in Jun. 2026 was $1,138 Mil. Therefore, Toromont Industries's Gross Margin % for the quarter that ended in Jun. 2026 was 26.95%.

Toromont Industries had a gross margin of 26.95% for the quarter that ended in Jun. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Toromont Industries was 27.18%. The lowest was 23.66%. And the median was 24.80%.


Toromont Industries  (OTCPK:TMTNF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Toromont Industries had a gross margin of 26.95% for the quarter that ended in Jun. 2026 => Competition eroding margins


Toromont Industries Gross Profit Related Terms


Toromont Industries Gross Profit Historical Data

* Premium members only.

The historical data trend for Toromont Industries's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Toromont Industries Gross Profit Chart

Toromont Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 757.63 823.35 927.91 886.24 958.47

Toromont Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 247.90 254.06 281.50 231.30 306.78

TMTNF vs GWW, FAST, FERG: Gross Profit Comparison

For the Industrial Distribution subindustry, Toromont Industries's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Toromont Industries Gross Profit vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Toromont Industries's Gross Profit falls into.


TMTNF
94GF Score
Toromont Industries Ltd TMTNF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Toromont Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Toromont Industries's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=3771.538 - 2813.073
=958

Toromont Industries's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=1138.459 - 831.683
=307

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,074 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Toromont Industries's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=307 / 1138.459
=26.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $1,074 Mil mean?
Toromont Industries (TMTNF) has a Gross Profit of $1,074 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Toromont Industries and its competitors.
Is Toromont Industries' Gross Profit too high?
Toromont Industries' current Gross Profit is $1,074 Mil. Overall, Toromont Industries has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toromont Industries' Gross Profit compare to GWW and FAST?
Toromont Industries' Gross Profit of $1,074 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Industrial Distribution company?
A good Gross Profit depends on the Industrial Distribution industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Toromont Industries and its competitors. Toromont Industries's current Gross Profit is $1,074 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toromont Industries stock overvalued right now?
Based on GuruFocus' analysis, Toromont Industries (TMTNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $106.84, compared to a current price of $148.25 — trading 38.8% above its estimated fair value. The current Gross Profit is $1,074 Mil. Toromont Industries' overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Toromont Industries (TMTNF), the current Gross Profit is $1,074 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toromont Industries (TMTNF) Overvalued in 2026?

Based on GuruFocus' analysis, Toromont Industries stock appears to be overvalued. The current stock price of $148.25 is trading 38.8% above its estimated GF Value™ of $106.84. GuruFocus considers Toromont Industries to be Significantly Overvalued.

Key valuation signals for TMTNF:

  • Gross Profit: $1,074 Mil
  • GF Value™: $106.84 vs. price of $148.25 (38.8% above fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the TMTNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toromont Industries Business Description

Address 3131 Highway 7 West, P.O. Box 5511, Executive Offices, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial, demolition, and waste management. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America and other regions.
94GF Score

Get the complete analysis for TMTNF

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$148.25
Price
$106.84
GF Value