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Toromont Industries (TSX:TIH) 3-Year FCF Growth Rate : -7.70% (As of Mar. 2024)


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What is Toromont Industries 3-Year FCF Growth Rate?

Toromont Industries's Free Cash Flow per Share for the three months ended in Mar. 2024 was C$-0.03.

During the past 12 months, Toromont Industries's average Free Cash Flow per Share Growth Rate was 3215.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -7.70% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Toromont Industries was 82.70% per year. The lowest was -363.80% per year. And the median was 9.70% per year.


Competitive Comparison of Toromont Industries's 3-Year FCF Growth Rate

For the Industrial Distribution subindustry, Toromont Industries's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Toromont Industries's 3-Year FCF Growth Rate Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Toromont Industries's 3-Year FCF Growth Rate falls into.



Toromont Industries 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Toromont Industries  (TSX:TIH) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Toromont Industries 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Toromont Industries's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Toromont Industries (TSX:TIH) Business Description

Traded in Other Exchanges
Address
3131 Highway 7 West, P.O. Box 5511, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America.
Executives
Jennifer Cochrane Senior Officer
Miles Sean Ryan Gregg Senior Officer
Mike Cuddy Senior Officer
David Allan Malinauskas Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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