Toromont Industries Ltd.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Toromont Industries Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $4,622,301,000. The net income raised on $534,712,000 and profit margin reached 12%. Total operating expenses were $540,661,000.
Profit Margin
| 2014 | 1.66B | 133.19M | 8.02% |
|---|---|---|---|
| 2015 | 1.80B | 145.66M | 8.08% |
| 2016 | 1.86B | 155.74M | 8.34% |
| 2017 | 2.35B | 175.97M | 7.49% |
| 2018 | 3.50B | 251.98M | 7.19% |
| 2019 | 3.67B | 286.8M | 7.8% |
| 2020 | 3.47B | 254.91M | 7.33% |
| 2021 | 3.88B | 332.71M | 8.56% |
| 2022 | 4.23B | 454.19M | 10.74% |
| 2023 | 4.62B | 534.71M | 11.57% |
TIH.TO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.62B | 4.23B | 3.88B | 3.47B | 3.67B | 3.50B | 2.35B | 1.86B | 1.80B | 1.66B |
Cost of revenue | 3.37B | 3.09B | 2.91B | 2.64B | 2.77B | 2.64B | 1.79B | 1.39B | 1.35B | 1.24B |
Gross profit | 1.24B | 1.13B | 969.76M | 835.74M | 906.12M | 863.40M | 555.94M | 467.58M | 445.60M | 412.39M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 540.66M | 509.41M | 493.83M | 463.31M | 493.62M | 493.82M | 306.36M | 255.96M | 241.09M | 227.57M |
Operating income | 704.22M | 624.16M | 475.93M | 372.43M | 412.49M | 369.57M | 249.58M | 216.56M | 204.51M | 184.81M |
Other income (expenses), net | 17.88M | -5.10M | -19.13M | -20.89M | -17.95M | 5.45M | -7.61M | 4.93M | -5.24M | -4.03M |
Income before tax | 722.11M | 619.06M | 456.80M | 351.53M | 394.54M | 347.84M | 241.96M | 213.32M | 199.26M | 180.77M |
Income tax expense | 193.00M | 164.86M | 124.09M | 96.62M | 107.74M | 95.86M | 65.99M | 57.57M | 53.59M | 47.58M |
Net income | 534.71M | 454.19M | 332.71M | 254.91M | 286.8M | 251.98M | 175.97M | 155.74M | 145.66M | 133.19M |
Earnings per share | ||||||||||
Basic EPS | 6.5 | 5.52 | 4.03 | 3.1 | 3.52 | 3.1 | 2.22 | 1.99 | 1.88 | 1.73 |
Diluted EPS | 6.45 | 5.47 | 4 | 3.09 | 3.49 | 3.07 | 2.2 | 1.98 | 1.86 | 1.71 |
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