Toromont Industries Ltd
TSX:TIH
Income Statement
Earnings Waterfall
Toromont Industries Ltd
Revenue
|
4.6B
CAD
|
Cost of Revenue
|
-3.4B
CAD
|
Gross Profit
|
1.2B
CAD
|
Operating Expenses
|
-540.7m
CAD
|
Operating Income
|
704.2m
CAD
|
Other Expenses
|
-169.5m
CAD
|
Net Income
|
534.7m
CAD
|
Income Statement
Toromont Industries Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 593
N/A
|
1 592
0%
|
1 633
+3%
|
1 602
-2%
|
1 660
+4%
|
1 689
+2%
|
1 758
+4%
|
1 796
+2%
|
1 802
+0%
|
1 850
+3%
|
1 888
+2%
|
1 892
+0%
|
1 912
+1%
|
1 936
+1%
|
1 945
+0%
|
2 020
+4%
|
2 350
+16%
|
2 615
+11%
|
3 045
+16%
|
3 361
+10%
|
3 504
+4%
|
3 527
+1%
|
3 544
+0%
|
3 620
+2%
|
3 679
+2%
|
3 694
+0%
|
3 566
-3%
|
3 512
-2%
|
3 479
-1%
|
3 570
+3%
|
3 847
+8%
|
3 923
+2%
|
3 887
-1%
|
3 940
+1%
|
3 867
-2%
|
3 956
+2%
|
4 231
+7%
|
4 352
+3%
|
4 473
+3%
|
4 560
+2%
|
4 622
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 202)
|
(1 199)
|
(1 236)
|
(1 211)
|
(1 248)
|
(1 268)
|
(1 318)
|
(1 346)
|
(1 357)
|
(1 399)
|
(1 430)
|
(1 432)
|
(1 444)
|
(1 460)
|
(1 467)
|
(1 527)
|
(1 794)
|
(1 993)
|
(2 320)
|
(2 549)
|
(2 641)
|
(2 660)
|
(2 665)
|
(2 725)
|
(2 773)
|
(2 788)
|
(2 702)
|
(2 665)
|
(2 643)
|
(2 717)
|
(2 934)
|
(2 978)
|
(2 917)
|
(2 945)
|
(2 842)
|
(2 887)
|
(3 097)
|
(3 176)
|
(3 264)
|
(3 318)
|
(3 377)
|
|
Gross Profit |
392
N/A
|
393
+0%
|
397
+1%
|
391
-2%
|
412
+6%
|
421
+2%
|
439
+4%
|
450
+2%
|
446
-1%
|
451
+1%
|
458
+1%
|
460
+1%
|
468
+2%
|
477
+2%
|
478
+0%
|
493
+3%
|
556
+13%
|
622
+12%
|
725
+17%
|
812
+12%
|
863
+6%
|
867
+0%
|
879
+1%
|
895
+2%
|
906
+1%
|
906
+0%
|
863
-5%
|
847
-2%
|
836
-1%
|
852
+2%
|
913
+7%
|
945
+3%
|
970
+3%
|
996
+3%
|
1 026
+3%
|
1 069
+4%
|
1 134
+6%
|
1 175
+4%
|
1 208
+3%
|
1 242
+3%
|
1 245
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(218)
|
(218)
|
(221)
|
(220)
|
(228)
|
(234)
|
(241)
|
(245)
|
(241)
|
(242)
|
(246)
|
(250)
|
(256)
|
(256)
|
(255)
|
(267)
|
(306)
|
(361)
|
(422)
|
(477)
|
(494)
|
(488)
|
(488)
|
(489)
|
(494)
|
(497)
|
(488)
|
(473)
|
(463)
|
(465)
|
(480)
|
(491)
|
(494)
|
(504)
|
(501)
|
(513)
|
(509)
|
(514)
|
(524)
|
(530)
|
(541)
|
|
Selling, General & Administrative |
(213)
|
(213)
|
(216)
|
(215)
|
(222)
|
(228)
|
(235)
|
(239)
|
(235)
|
(236)
|
(240)
|
(243)
|
(250)
|
(254)
|
(253)
|
(260)
|
(297)
|
(348)
|
(405)
|
(457)
|
(471)
|
(466)
|
(466)
|
(466)
|
(471)
|
(475)
|
(465)
|
(450)
|
(442)
|
(445)
|
(462)
|
(473)
|
(476)
|
(486)
|
(482)
|
(495)
|
(491)
|
(496)
|
(507)
|
(513)
|
(524)
|
|
Depreciation & Amortization |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(9)
|
(13)
|
(17)
|
(21)
|
(23)
|
(23)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(21)
|
(20)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(17)
|
(17)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
174
N/A
|
175
+1%
|
176
+1%
|
171
-3%
|
185
+8%
|
187
+1%
|
199
+6%
|
205
+3%
|
205
0%
|
209
+2%
|
212
+1%
|
211
-1%
|
212
+1%
|
221
+4%
|
223
+1%
|
226
+1%
|
250
+10%
|
261
+5%
|
303
+16%
|
335
+10%
|
370
+10%
|
379
+3%
|
391
+3%
|
406
+4%
|
413
+2%
|
409
-1%
|
375
-8%
|
373
0%
|
372
0%
|
387
+4%
|
433
+12%
|
454
+5%
|
476
+5%
|
492
+3%
|
525
+7%
|
556
+6%
|
624
+12%
|
661
+6%
|
685
+3%
|
712
+4%
|
704
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(8)
|
(14)
|
(19)
|
(23)
|
(22)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(21)
|
(22)
|
(20)
|
(19)
|
(19)
|
(18)
|
(17)
|
(12)
|
(5)
|
2
|
9
|
14
|
18
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
169
N/A
|
170
+1%
|
171
+1%
|
165
-3%
|
181
+9%
|
183
+1%
|
195
+6%
|
201
+3%
|
199
-1%
|
205
+3%
|
208
+1%
|
212
+2%
|
213
+1%
|
217
+2%
|
220
+1%
|
223
+1%
|
242
+9%
|
247
+2%
|
285
+15%
|
312
+9%
|
348
+12%
|
360
+3%
|
373
+4%
|
388
+4%
|
395
+2%
|
391
-1%
|
356
-9%
|
353
-1%
|
352
0%
|
366
+4%
|
413
+13%
|
435
+5%
|
457
+5%
|
474
+4%
|
509
+7%
|
545
+7%
|
619
+14%
|
664
+7%
|
694
+4%
|
726
+5%
|
722
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(46)
|
(46)
|
(46)
|
(44)
|
(48)
|
(48)
|
(52)
|
(54)
|
(54)
|
(55)
|
(56)
|
(57)
|
(58)
|
(59)
|
(59)
|
(61)
|
(66)
|
(68)
|
(78)
|
(86)
|
(96)
|
(99)
|
(103)
|
(107)
|
(108)
|
(106)
|
(97)
|
(97)
|
(97)
|
(100)
|
(113)
|
(119)
|
(124)
|
(130)
|
(139)
|
(148)
|
(165)
|
(176)
|
(184)
|
(191)
|
(193)
|
|
Income from Continuing Operations |
123
|
124
|
125
|
122
|
133
|
135
|
142
|
147
|
146
|
150
|
152
|
155
|
156
|
159
|
161
|
162
|
176
|
180
|
207
|
226
|
252
|
261
|
270
|
281
|
287
|
285
|
259
|
257
|
255
|
266
|
300
|
316
|
333
|
344
|
370
|
397
|
454
|
488
|
510
|
535
|
529
|
|
Net Income (Common) |
123
N/A
|
124
+1%
|
125
+1%
|
122
-3%
|
133
+9%
|
135
+1%
|
142
+6%
|
147
+3%
|
146
-1%
|
150
+3%
|
152
+1%
|
155
+2%
|
156
+1%
|
159
+2%
|
161
+1%
|
162
+1%
|
176
+8%
|
180
+2%
|
207
+15%
|
226
+9%
|
252
+11%
|
261
+3%
|
270
+4%
|
281
+4%
|
287
+2%
|
285
-1%
|
259
-9%
|
257
-1%
|
255
-1%
|
266
+4%
|
300
+13%
|
316
+5%
|
333
+5%
|
344
+3%
|
371
+8%
|
400
+8%
|
454
+14%
|
491
+8%
|
518
+6%
|
541
+4%
|
535
-1%
|
|
EPS (Diluted) |
1.59
N/A
|
1.6
+1%
|
1.62
+1%
|
1.57
-3%
|
1.71
+9%
|
1.73
+1%
|
1.82
+5%
|
1.88
+3%
|
1.86
-1%
|
1.91
+3%
|
1.94
+2%
|
1.97
+2%
|
1.98
+1%
|
2.01
+2%
|
2.03
+1%
|
2.05
+1%
|
2.2
+7%
|
2.19
0%
|
2.52
+15%
|
2.77
+10%
|
3.07
+11%
|
3.18
+4%
|
3.29
+3%
|
3.42
+4%
|
3.49
+2%
|
3.46
-1%
|
3.14
-9%
|
3.11
-1%
|
3.09
-1%
|
3.21
+4%
|
3.61
+12%
|
3.79
+5%
|
4
+6%
|
4.13
+3%
|
4.44
+8%
|
4.82
+9%
|
5.47
+13%
|
5.91
+8%
|
6.24
+6%
|
6.51
+4%
|
6.45
-1%
|