Toromont Industries

Industrial Machinery & Equipment · Canada · 5K - 10K Employees

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Overview

Headquarters

3131 Highway 7 West, Concord, Ontario, L...

Phone Number

(302) 451-0200

Revenue

$3.5 Billion

Stock Symbol

TMTNF

Industry

Industrial Machinery & Equipment Retail Manufacturing Other Rental Stores (Furniture, A/V, Construction & Industrial Equipment)
ZI Rank: 1
Signal Type
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About Toromont Industries

Founded in 1961, Toromont is a diversified growth company specializing in industrial and commercial equipment sales and rentals. Toromont provides equipment rentals for the construction, mining, waste management, forestry, agriculture, and shipping industries. Toromont is also a supplier of refrigeration equipment. Toromont is headquartered in Concord, Ontario.Explore more
Toromont Industries's Social MediaPopular SearchesToromont Industries LtdToromont IndustriesToromont CATToromontToromont Process SystemsSIC Code 50,508NAICS Code 42,423Ticker OTC: TMTNFShow more

Toromont Industries Org Chart

Michael McMillan, President & Chief Executive Officer at Toromont Industries
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President & Chief Executive Officer

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Miles Gregg, President, Construction Industries, Toromont Cat at Toromont Industries
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President, Construction Industries, Toromont ...

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Michael Cuddy, Vice President, Information Technology & Chief Information Officer at Toromont Industries
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Vice President, Information Technology & Chie...

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JN
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Exchange Manager

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Habeeb Syed, Chief Legal Officer, General Counsel & Corporate Secretary at Toromont Industries
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Chief Legal Officer, General Counsel & Corpor...

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FM
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Corporate Director

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CS
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J'aurais Une Suite De Plus à Faire Réserver S...

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WD
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Vice President

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VC
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Vice President and General Manager, Resource ...

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MF
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Vice President

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JB
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Vice President

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Toromont Industries

$3.5B
5K - 10K
Public
-
1961
Michael McMillan, President & Chief Executive Officer at Toromont Industries
Michael McMillanPresident & CEO
$15.7B
10K+
Public
-
1916
$7.2B
5K - 10K
Public
-
1956
AN
Albert NahmadChairman & CEO
$3.2B
10K+
Public
-
1948
Jannie Durand, Chief Information Officer at Remgro Limited
Jannie DurandChief Information Officer
$2.1B
5K - 10K
Public
-
1933
E. Jean Savage, Chief Executive Officer & President at Trinity Industries
E. Jean SavageCEO & President
$2.1B
1K - 5K
Public
-
1963
$18.3M
501-1,000
Private
-
2009
SM
Spiwe MapurangaFinancial Controller
Illustration of an envelopeCompany Insights

Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

Toromont Industries is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Toromont Industries is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Toromont Industries.

Toromont Industries Tech Stack

A closer look at the technologies used by Toromont Industries

Most Recent Scoops

Earnings
Toromont Industries has reported that Equipment Group gross profit margins increased 400 basis points in Q1, with equipment margins up 370 basis points on favorable sales mix, rental margins up 60 basis points on improved utilization, and product support margins up 10 basis points on good execution.
Earnings, Finance
Earnings
Toromont Industries has reported that CIMCO selling and administrative expenses increased CAD 2 million, or 14%, in Q1, rising to 19.8% of revenue versus 17.8% in Q1 of the prior year, driven by higher compensation costs, travel, training, and occupancy expenses.
Earnings, Spending/Investment, Compensation & Benefits, Finance, HR Operations
Earnings
Toromont Industries has reported ending Q1 with CAD 1.2 billion in cash and an additional CAD 452 million available under existing credit facilities, with a net debt to total capitalization ratio of -12%.
Earnings, Business Finance, Finance, Financing & Debt
Earnings
Toromont Industries has reported a return on equity of 17.3% for Q1 2026, slightly below its 18% target and lower than the 18.5% reported at the end of March 2025, while return on capital employed was 24.4%, slightly higher year over year, reflecting increased net earnings.
Earnings, Accounting, Financial Reporting, Finance
Earnings
Earnings, Finance
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Toromont Industries News & Media

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Frequently Asked Questions Regarding Toromont Industries

What is Toromont Industries's stock symbol?
Toromont Industries's stock symbol is TMTNF
What is Toromont Industries's official website?
Toromont Industries's official website is www.toromont.com
What is Toromont Industries's Revenue?
Toromont Industries's revenue is $3.5 Billion
What is Toromont Industries's SIC code?
Toromont Industries's SIC: 50,508
What is Toromont Industries's NAICS code?
Toromont Industries's NAICS: 42,423
How many employees does Toromont Industries have?
Toromont Industries has 5K - 10K employees
What industry does Toromont Industries belong to?
Toromont Industries is in the industry of: Industrial Machinery & Equipment, Retail, Manufacturing
What is Toromont Industries competition?
Toromont Industries top competitors include: Heavy Metal Equipment & Rentals, UOL, Watsco, Investor
What companies has Toromont Industries acquired?
Toromont Industries has acquired the companies: Tri City Equipment, Hewitt Equipment, Atlantic Cat, McCrory Controls
What technology does Toromont Industries use?
Some of the popular technologies that Toromont Industries uses are: Solidworks, Microsoft IIS, WordPress.org, reCAPTCHA
What does Toromont Industries do?

Founded in 1961, Toromont is a diversified growth company specializing in industrial and commercial equipment sales and rentals. Toromont provides equipment rentals for the construction, mining, waste management, forestry, agriculture, and shipping industries. Toromont is also a supplier of refrigeration equipment. Toromont is headquartered in Conc... ord, Ontario.Read More

What are Toromont Industries social media links?
Toromont Industries Linkedin page Toromont Industries Twitter page Toromont Industries Facebook page
Is Toromont Industries a public company?
Yes, Toromont Industries is a public company and is traded under the symbol TMTNF
See more information about Toromont Industries

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