Toromont Industries Ltd. (OTCPK:TMTNF) Q2 2025 Earnings Conference Call July 30, 2025 8:00 AM ET Company Participants John Marshall Doolittle - Executive VP & CFO Michael Stanley Howie McMillan - CEO, President & Director Conference Call Participants Cherilyn Radbourne - TD Cowen, Research Division Devin Dodge - BMO Capital Markets Equity Research Jonathan Goldman - Scotiabank Global Banking and Markets, Research Division Krista Friesen - CIBC Capital Markets, Research Division Maxim Sytchev - National Bank Financial, Inc., Research Division Sabahat Khan - RBC Capital Markets, Research Division Steven P.
Toromont Industries Ltd. (OTCPK:TMTNF) Q1 2025 Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants John Doolittle – Executive Vice President and Chief Financial Officer Mike McMillan – President and Chief Executive Officer Conference Call Participants Cherilyn Radbourne – TD Cowen Krista Friesen – CIBC Yuri Lynk – Canaccord Genuity Davis Baynton – BMO Capital Markets Steve Hansen – Raymond James Maxim Sytchev – National Bank Financial Jonathan Goldman – Scotiabank Operator Good morning.
Toromont leverages its position as the exclusive Caterpillar dealership in Eastern Canada to drive earnings growth, supported by strong demand in the public infrastructure and mining sectors. TIH boasts 36 years of consistent dividend growth, a low payout ratio, and a robust share buyback program, enhancing shareholder value. Toromont's diversified revenue from parts and services, along with geographic diversification, mitigates risks from cyclicality and trade uncertainties.
![]() TMTNF In 3 weeks Estimated | Quarterly | $0.38 Per Share |
![]() TMTNF 2 months ago Paid | Quarterly | $0.38 Per Share |
![]() TMTNF 5 months ago Paid | Quarterly | $0.36 Per Share |
![]() TMTNF 8 months ago Paid | Quarterly | $0.34 Per Share |
![]() TMTNF 11 months ago Paid | Quarterly | $0.36 Per Share |
![]() TMTNF 7 Jun 2024 Paid | Quarterly | $0.35 Per Share |
4 Nov 2025 (In 2 months) Date | | 1.59 Cons. EPS | - EPS |
30 Jul 2025 Date | | 1.48 Cons. EPS | - EPS |
29 Jul 2025 Date | | 1.49 Cons. EPS | 1.1 EPS |
29 Apr 2025 Date | | - Cons. EPS | - EPS |
11 Feb 2025 Date | | - Cons. EPS | 1.36 EPS |
![]() TMTNF In 3 weeks Estimated | Quarterly | $0.38 Per Share |
![]() TMTNF 2 months ago Paid | Quarterly | $0.38 Per Share |
![]() TMTNF 5 months ago Paid | Quarterly | $0.36 Per Share |
![]() TMTNF 8 months ago Paid | Quarterly | $0.34 Per Share |
![]() TMTNF 11 months ago Paid | Quarterly | $0.36 Per Share |
![]() TMTNF 7 Jun 2024 Paid | Quarterly | $0.35 Per Share |
4 Nov 2025 (In 2 months) Date | | 1.59 Cons. EPS | - EPS |
30 Jul 2025 Date | | 1.48 Cons. EPS | - EPS |
29 Jul 2025 Date | | 1.49 Cons. EPS | 1.1 EPS |
29 Apr 2025 Date | | - Cons. EPS | - EPS |
11 Feb 2025 Date | | - Cons. EPS | 1.36 EPS |
Industrial - Distribution Industry | Industrials Sector | Mr. Michael Stanley Howie McMillan C.M.A. CEO | OTC PINK Exchange | CA8911021050 ISIN |
CA Country | 7,300 Employees | 6 Jun 2025 Last Dividend | 1 Apr 2004 Last Split | - IPO Date |
Toromont Industries Ltd. is a prominent provider of specialized capital equipment with a robust presence in Canada, the United States, and internationally. Established in 1961 and based in Concord, Canada, the company operates through two key segments: the Equipment Group and CIMCO. Toromont serves a wide range of markets, including road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, and waste management. Additionally, it caters to industrial and recreational sectors through its refrigeration systems. With its focus on sales, rentals, and services of mobile equipment and engines, complemented by extensive after-sale support, Toromont demonstrates a comprehensive approach to meeting the diverse needs of its clients.
The Equipment Group segment is at the forefront of Toromont Industries' offerings, specializing in the sale, rental, and service of mobile equipment from Caterpillar and other renowned manufacturers. This includes a wide variety of engines for industrial, commercial, marine, on-highway trucks, and power generation applications. Apart from this, the segment also offers complementary products, parts, and services, making it a comprehensive provider for sectors such as road building, mining, infrastructure, construction, power generation, agriculture, forestry, and waste management.
The CIMCO segment specializes in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems for both industrial and recreational applications. These sophisticated systems are essential in numerous sectors, including beverage and food processing, cold storage, food distribution, and mining. In addition, CIMCO services the recreational sector by designing and maintaining ice rinks, thereby offering a wide range of services that cater to an extensive customer base.