Toromont Industries's Total Assets for the quarter that ended in Mar. 2026 was $3,968 Mil.
Warning Sign:
If a company builds assets at 10% a year, faster than its revenue growth rate of 8.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Toromont Industries's average Total Assets Growth Rate was 2.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.40% per year.
During the past 13 years, Toromont Industries's highest 3-Year average Total Assets Growth Rate was 38.40%. The lowest was -22.90%. And the median was 12.10%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Toromont Industries's Asset Turnover for the quarter that ended in Mar. 2026 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Toromont Industries Total Assets Related Terms
Toromont Industries Total Assets Historical Data
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The historical data trend for Toromont Industries's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Toromont Industries's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (TMTNF) has a Total Assets of $3,968 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Toromont Industries and its competitors.
Is Toromont Industries' Total Assets too high?
Toromont Industries' current Total Assets is $3,968 Mil. Overall, Toromont Industries has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toromont Industries' Total Assets compare to GWW and FAST?
Toromont Industries' Total Assets of $3,968 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 Total Assets for an Industrial Distribution company?
A good Total Assets depends on the Industrial Distribution industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Toromont Industries and its competitors. Toromont Industries's current Total Assets is $3,968 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 $100.96, compared to a current price of $157.76 — trading 56.3% above its estimated fair value. The current Total Assets is $3,968 Mil. Toromont Industries' overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Toromont Industries (TMTNF), the current Total Assets is $3,968 Mil as of Mar. 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 $157.76 is trading 56.3% above its estimated GF Value™ of $100.96.
GuruFocus considers Toromont Industries to be Significantly Overvalued.
Key valuation signals for TMTNF:
Total Assets: $3,968 Mil
GF Value™: $100.96 vs. price of $157.76 (56.3% above fair value)
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 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.
89GF Score
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