Toromont Industries Ltd
TSX:TIH
Gross Margin
Toromont Industries Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Toromont Industries Ltd
TSX:TIH
|
9.7B CAD |
25%
|
|
| JP |
|
Mitsubishi Corp
TSE:8058
|
11.1T JPY |
10%
|
|
| JP |
|
Itochu Corp
TSE:8001
|
10.5T JPY |
16%
|
|
| JP |
|
Mitsui & Co Ltd
TSE:8031
|
8.3T JPY |
9%
|
|
| US |
W
|
WW Grainger Inc
XMUN:GWW
|
43.6B EUR |
39%
|
|
| US |
|
W W Grainger Inc
NYSE:GWW
|
49.9B USD |
39%
|
|
| US |
|
Fastenal Co
NASDAQ:FAST
|
47.4B USD |
45%
|
|
| US |
|
United Rentals Inc
NYSE:URI
|
46.6B USD |
40%
|
|
| US |
|
Ferguson Enterprises Inc
NYSE:FERG
|
42.5B USD |
30%
|
|
| IN |
|
Adani Enterprises Ltd
NSE:ADANIENT
|
2.9T INR |
46%
|
|
| JP |
|
Marubeni Corp
TSE:8002
|
4.7T JPY |
15%
|
Toromont Industries Ltd
Glance View
Toromont Industries Ltd., a name synonymous with robust growth and strategic expansion in the industrial sector, has engineered its success through a sharp focus on two main business segments: Equipment Group and CIMCO. In the heart of their operations lies the Equipment Group, a leading force in distributing industrial and construction equipment. Toromont stands as a formidable presence in Canada and beyond by leveraging partnerships with global giants like Caterpillar. Here, their income streams flourish through the seamless orchestration of sales, rentals, and committed after-market support. Their prowess in this arena extends to delivering machinery solutions tailored to industries ranging from mining to agriculture, creating a reliable revenue foundation built on comprehensive service offerings and enduring customer relationships. Parallelly, the heartbeat of innovation resonates within CIMCO, a leader in industrial and recreational refrigeration systems. This division not only designs and manufactures but also installs and services state-of-the-art refrigeration systems, catering to needs as varied as food processing plants and sports facilities. By capitalizing on trends towards energy-efficient and sustainable solutions, CIMCO propels Toromont into markets eager for forward-thinking refrigeration technology. Through these synergistic segments, Toromont Industries crafts a business narrative rich with resilient revenue flows, underpinned by a reputation for excellence and a strategic alignment with market demands, ensuring its stable footprint in the industrial landscape.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Toromont Industries Ltd's most recent financial statements, the company has Gross Margin of 24.7%.
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