Trimble
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

20252025202620272028
Price/Earnings ratio
47.2339.6733.9319.1917.22
Price/Sales ratio
5.515.025.164.754.44
Earnings per Share (EPS)
$1.74$2.07$2.43$4.29$4.78

Historical Multiples (2011 – 2023)

2011 2012 2016 2016 2017 2018 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
18.9041.7745.3057.0484.6028.2320.2444.4727.9542.3627.4528.23
Price/Sales ratio
1.733.912.393.193.862.563.185.993.413.473.352.56
Price/Book Value ratio
1.814.202.473.274.332.983.335.553.102.933.042.98
Price/Cash Flow ratio
11.8023.4215.4618.5524.8716.4017.7929.2032.1222.0831.5624.87
Price/Free Cash Flow ratio
13.1527.9517.6419.8327.8219.0520.1731.1136.1123.7535.4827.82
Price/Earnings Growth ratio
0.481.77-1.064.46-8.960.200.241.73-3.65-1.39-3.62-8.96
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
50.45%51.28%52.48%52.40%52.46%54.07%54.55%55.60%57.27%58.68%57.27%52.46%
Operating Profit Margin
9.51%10.41%6.74%7.66%9.26%10.31%11.51%15.33%13.89%13.01%13.89%9.26%
Pretax Profit Margin
10.18%11.24%6.62%7.48%9.76%8.94%10.56%15.70%15.48%9.39%15.48%9.76%
Net Profit Margin
9.17%9.36%5.28%5.60%4.56%9.09%15.75%13.46%12.23%8.19%12.23%4.56%
Effective Tax Rate
11.07%17.30%20.48%25.18%53.22%-1.90%-49.21%14.23%20.98%12.80%20.98%20.98%
Return on Assets
5.68%5.50%3.29%3.60%2.81%4.89%7.74%6.94%6.18%3.26%6.18%2.81%
Return On Equity
9.60%10.06%5.45%5.74%5.11%10.57%16.48%12.49%11.10%6.91%11.40%5.11%
Return on Capital Employed
6.97%7.08%5.11%6.06%7.05%6.79%6.89%9.49%8.79%6.41%8.79%7.05%
Liquidity Ratios
Current Ratio
1.781.74N/A1.421.691.03N/AN/AN/AN/A1.031.03
Quick Ratio
1.061.060.811.101.290.740.750.910.760.870.620.74
Cash ratio
0.370.330.170.310.440.160.150.270.180.120.180.16
Days of Sales Outstanding
62.6760.9760.0460.2958.8164.0868.0062.3263.8667.8963.8658.81
Days of Inventory outstanding
104.0188.3287.5771.0378.6376.2076.7981.6393.5354.8193.5378.63
Operating Cycle
166.68149.30147.62131.33137.45140.29144.80143.95157.40122.70109.28140.29
Days of Payables Outstanding
43.9145.7333.4735.6442.2437.7439.1946.5740.7838.4440.7837.74
Cash Conversion Cycle
122.76103.57114.1495.6895.21102.54105.6097.37116.6284.2646.14102.54
Debt Ratios
Debt Ratio
0.400.440.190.160.210.340.270.180.200.320.440.21
Debt Equity Ratio
0.690.810.320.260.380.730.590.320.370.680.790.38
Long-term Debt to Capitalization
0.240.310.210.170.240.390.340.240.230.360.240.39
Total Debt to Capitalization
0.260.320.240.210.270.420.370.240.270.400.280.27
Interest Coverage Ratio
18.0912.99N/A6.969.424.38N/AN/AN/AN/A7.184.38
Cash Flow to Debt Ratio
0.420.370.480.650.450.240.310.580.250.190.240.24
Company Equity Multiplier
1.691.821.651.591.812.152.121.791.792.111.792.15
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.140.160.150.170.150.150.170.200.100.150.100.15
Free Cash Flow / Operating Cash Flow Ratio
0.890.830.870.930.890.860.880.930.880.920.880.86
Cash Flow Coverage Ratio
0.420.370.480.650.450.240.310.580.250.190.240.24
Short Term Coverage Ratio
3.668.9433.123.201.892.67N/A1.301.121.301.89
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A