Trimble (TRMB) Financials

$72.31 +0.62 (+0.86%)

As of 05/20/2025 04:00 PM Eastern

Annual Income Statements for Trimble

This table shows Trimble's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	1/3/2025	12/29/2023	12/30/2022	12/31/2021	1/1/2021	1/3/2020	12/28/2018	12/29/2017	12/30/2016	1/1/2016
Net Income / (Loss) Attributable to Common Shareholders	1,504	311	450	493	390	514	283	118	132	121
Consolidated Net Income / (Loss)	1,504	311	450	493	391	515	283	119	132	121
Net Income / (Loss) Continuing Operations	1,504	311	450	493	391	515	283	119	132	121
Total Pre-Tax Income	2,006	357	569	575	395	345	278	248	176	152
Total Operating Income	461	449	511	561	420	376	321	236	180	154
Total Gross Profit	2,396	2,333	2,106	2,035	1,755	1,781	1,784	1,378	1,235	1,202
Total Revenue	3,683	3,799	3,676	3,659	3,148	3,264	3,108	2,647	2,362	2,290
Operating Revenue	3,683	3,799	3,676	3,659	3,148	3,264	3,108	2,647	2,362	2,290
Total Cost of Revenue	1,287	1,466	1,571	1,624	1,393	1,483	1,324	1,269	1,128	1,088
Operating Cost of Revenue	1,287	1,466	1,571	1,624	1,393	1,483	1,324	1,269	1,128	1,088
Total Operating Expenses	1,936	1,884	1,595	1,474	1,335	1,405	1,464	1,142	1,054	1,048
Selling, General & Admin Expense	548	488	422	369	301	331	350	302	256	255
Marketing Expense	604	583	554	507	467	504	480	400	375	375
Research & Development Expense	662	664	542	537	476	470	446	370	350	337
Amortization Expense	106	104	47	51	66	74	180	63	62	70
Restructuring Charge	16	46	30	10	26	27	8.20	6.90	12	11
Total Other Income / (Expense), net	1,545	-92	58	14	-25	-31	-43	13	-4.30	-2.60
Interest & Investment Income	-139	28	31	38	39	36	29	30	18	18
Other Income / (Expense), net	1,684	41	98	41	13	16	1.80	8.20	4.00	5.10
Income Tax Expense	502	46	119	82	4.40	-170	-5.30	130	44	31
Basic Earnings per Share	$6.13	$1.26	$1.81	$1.96	$1.56	$2.05	$1.13	$0.47	$0.53	$0.47
Weighted Average Basic Shares Outstanding	245.50M	247.90M	248.60M	251.40M	250.50M	250.80M	250M	252.10M	250.50M	255.80M
Diluted Earnings per Share	$6.09	$1.25	$1.80	$1.94	$1.55	$2.03	$1.12	$0.46	$0.52	$0.47
Weighted Average Diluted Shares Outstanding	247.20M	249.10M	250.20M	254.30M	252.30M	252.90M	253.40M	256.70M	253.90M	258.50M

This table shows Trimble's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	1/3/2025	9/27/2024	6/28/2024	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	90	41	1,316	57	63	75	45	129	86	86
Consolidated Net Income / (Loss)	90	41	1,316	57	63	75	45	129	86	86
Net Income / (Loss) Continuing Operations	90	41	1,316	57	63	75	45	129	86	86
Total Pre-Tax Income	98	73	1,762	73	60	79	58	161	91	118
Total Operating Income	174	116	62	109	97	121	94	137	97	122
Total Gross Profit	681	576	546	594	577	590	605	561	503	515
Total Revenue	983	876	871	953	932	957	994	915	857	885
Operating Revenue	983	876	871	953	932	957	994	915	857	885
Total Cost of Revenue	302	300	325	360	355	367	389	355	353	370
Operating Cost of Revenue	302	300	325	360	355	367	389	355	353	370
Total Operating Expenses	508	459	484	484	480	469	511	424	406	393
Selling, General & Admin Expense	138	128	149	134	118	117	141	111	104	110
Marketing Expense	167	147	143	147	146	146	155	135	146	137
Research & Development Expense	175	156	162	170	168	163	175	159	135	127
Amortization Expense	26	27	27	27	29	31	32	12	12	11
Restructuring Charge	1.80	2.40	5.10	6.60	20	12	7.60	6.70	9.70	8.20
Total Other Income / (Expense), net	-76	-43	1,700	-36	-37	-42	-36	24	-5.60	-4.50
Interest & Investment Income	-148	-0.60	4.30	5.60	3.50	5.20	8.00	11	8.80	6.80
Other Income / (Expense), net	-5.00	-29	1,714	3.40	6.90	-0.30	2.60	32	9.80	4.30
Income Tax Expense	7.60	33	446	16	-3.50	4.50	13	32	5.50	32
Basic Earnings per Share	$0.36	$0.17	$5.37	$0.23	$0.26	$0.30	$0.18	$0.52	$0.35	$0.35
Weighted Average Basic Shares Outstanding	245.50M	245.60M	245.10M	245.50M	247.90M	248.60M	248.10M	247.20M	248.60M	247.50M
Diluted Earnings per Share	$0.36	$0.16	$5.34	$0.23	$0.25	$0.30	$0.18	$0.52	$0.35	$0.34
Weighted Average Diluted Shares Outstanding	247.20M	246.90M	246.40M	247.40M	249.10M	249.70M	249M	248.70M	250.20M	248.90M
Weighted Average Basic & Diluted Shares Outstanding	0.00	-	-	-	245.69M	248.77M	248.32M	247.75M	246.95M	246.62M

This table details how cash moves in and out of Trimble's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	1/3/2025	12/29/2023	12/30/2022	12/31/2021	1/1/2021	1/3/2020	12/28/2018	12/29/2017	12/30/2016	1/1/2016
Net Change in Cash & Equivalents	509	-32	-55	88	49	17	-174	142	100	-32
Net Cash From Operating Activities	531	597	391	751	672	585	487	430	431	357
Net Cash From Continuing Operating Activities	531	597	391	751	672	585	487	430	431	357
Net Income / (Loss) Continuing Operations	1,504	311	450	493	391	515	283	119	132	121
Consolidated Net Income / (Loss)	1,504	311	450	493	391	515	283	119	132	121
Depreciation Expense	232	38	40	41	40	39	36	35	37	37
Non-Cash Adjustments To Reconcile Net Income	-1,435	148	63	98	113	73	100	59	71	53
Changes in Operating Assets and Liabilities, net	230	-113	-293	-20	-29	-209	-112	69	40	-15
Net Cash From Investing Activities	1,861	-2,068	-226	-204	-232	-275	-1,650	-371	-147	-172
Net Cash From Continuing Investing Activities	1,861	-2,068	-226	-204	-232	-275	-1,650	-371	-147	-172
Purchase of Property, Plant & Equipment	-34	-42	-43	-46	-57	-69	-68	-44	-26	-44
Acquisitions	-22	-2,089	-374	-236	-202	-221	-1,764	-280	-24	-162
Divestitures	1,923	17	215	67	28	0.50	-	-	-	12
Other Investing Activities, net	-6.70	46	-25	11	-0.60	14	2.50	21	14	21
Net Cash From Financing Activities	-1,864	1,432	-199	-448	-400	-293	989	67	-177	-205
Net Cash From Continuing Financing Activities	-1,864	1,432	-199	-448	-400	-293	989	67	-177	-205
Repayment of Debt	-2,204	-2,322	-606	-452	-1,503	-1,337	-1,934	-508	-480	-555
Repurchase of Common Equity	-175	-100	-395	-180	-82	-180	-93	-285	-120	-234
Issuance of Debt	521	3,847	815	199	1,174	1,195	2,976	786	355	555
Issuance of Common Equity	-6.50	6.70	-14	-15	10	29	40	74	68	30
Effect of Exchange Rate Changes	-19	7.40	-21	-11	8.60	-0.40	-	17	-6.80	-12
Cash Interest Paid	140	134	73	62	72	79	69	-	-	-
Cash Income Taxes Paid	106	168	197	98	59	63	62	-	-	-

This table details how cash moves in and out of Trimble's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	1/3/2025	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Net Change in Cash & Equivalents	-306	23	16	-14	-801	767	-38	-41
Net Cash From Operating Activities	115	234	99	147	142	209	106	83
Net Cash From Continuing Operating Activities	115	234	99	147	142	209	106	83
Net Income / (Loss) Continuing Operations	90	57	63	75	45	129	86	86
Consolidated Net Income / (Loss)	90	57	63	75	45	129	86	86
Depreciation Expense	53	63	-147	165	107	45	10	10
Non-Cash Adjustments To Reconcile Net Income	107	34	52	37	54	5.70	50	36
Changes in Operating Assets and Liabilities, net	-135	80	-81	-33	-28	30	-74	-80
Net Cash From Investing Activities	1.10	-3.50	-3.70	-14	-2,023	-28	-74	-325
Net Cash From Continuing Investing Activities	1.10	-3.50	-3.70	-14	-2,023	-28	-74	-325
Purchase of Property, Plant & Equipment	-6.10	-6.80	-9.80	-13	-13	-6.40	-6.60	-8.10
Divestitures	0.20	-	1.90	5.90	-	-	1.10	3.80
Other Investing Activities, net	7.00	3.30	4.20	1.50	28	12	-13	-2.10
Net Cash From Financing Activities	-401	-202	-89	-141	1,079	583	-84	220
Net Cash From Continuing Financing Activities	-401	-202	-89	-141	1,079	583	-84	220
Repayment of Debt	-400	-560	-436	-547	-812	-528	-361	-98
Issuance of Common Equity	-0.50	12	-1.30	18	-24	14	-8.80	17
Effect of Exchange Rate Changes	-22	-5.40	10	-6.00	0.70	2.70	14	-21
Cash Income Taxes Paid	25	-	96	-	-	-	-	-

This table presents Trimble's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	1/3/2025	12/29/2023	12/30/2022	12/31/2021	1/1/2021	1/3/2020	12/28/2018	12/29/2017	12/30/2016	1/1/2016
Total Assets	9,488	9,539	7,269	7,100	6,877	6,641	5,776	4,316	3,674	3,681
Total Current Assets	2,270	1,831	1,518	1,451	1,281	1,212	1,089	1,312	979	798
Cash & Equivalents	739	230	271	326	238	189	173	359	216	116
Accounts Receivable	726	707	643	625	621	608	513	471	390	377
Inventories, net	194	236	403	363	302	312	298	265	219	261
Prepaid Expenses	103	90	74	-	-	-	-	-	-	-
Other Current Assets	196	148	128	137	122	102	106	39	43	45
Other Current Nonoperating Assets	312	421	0.00	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	188	203	219	233	252	241	213	174	144	159
Total Noncurrent Assets	7,030	7,506	5,532	5,416	5,344	5,188	4,474	2,831	2,551	2,723
Long-Term Investments	361	-	-	-	-	-	-	-	-	-
Goodwill	4,988	5,351	4,138	3,982	3,877	3,681	3,540	2,287	2,078	2,106
Intangible Assets	998	1,244	498	507	580	679	744	365	333	487
Noncurrent Deferred & Refundable Income Taxes	294	412	438	502	510	476	12	-	-	-
Other Noncurrent Operating Assets	388	500	457	426	377	353	178	179	140	130
Total Liabilities & Shareholders' Equity	9,488	9,539	7,269	7,100	6,877	6,641	5,776	4,316	3,674	3,681
Total Liabilities	3,743	5,039	3,219	3,155	3,278	3,520	3,102	1,902	1,368	1,460
Total Current Liabilities	1,788	1,829	1,462	1,189	1,311	1,190	1,055	773	688	661
Short-Term Debt	0.00	530	300	0.00	256	219	256	128	130	118
Accounts Payable	162	165	176	207	143	159	148	146	110	100
Current Deferred Revenue	800	663	639	549	561	490	348	238	247	235
Current Deferred & Payable Income Tax Liabilities	325	40	24	-	-	-	-	-	-	-
Current Employee Benefit Liabilities	227	181	159	231	167	124	169	144	98	99
Other Current Liabilities	211	201	164	202	185	198	134	99	87	91
Other Current Nonoperating Liabilities	63	48	0.00	-	-	-	-	-	-	-
Total Noncurrent Liabilities	1,955	3,210	1,757	1,966	1,967	2,330	2,046	1,128	680	799
Long-Term Debt	1,391	2,536	1,220	1,293	1,291	1,624	1,712	786	490	611
Noncurrent Deferred Revenue	96	98	99	138	116	121	110	133	38	30
Noncurrent Deferred & Payable Income Tax Liabilities	200	288	158	263	300	318	74	48	39	52
Other Noncurrent Operating Liabilities	269	288	280	273	260	267	150	162	114	107
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,745	4,500	4,050	3,945	3,599	3,120	2,675	2,415	2,306	2,221
Total Preferred & Common Equity	5,745	4,500	4,050	3,945	3,597	3,119	2,674	2,415	2,306	2,220
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,745	4,500	4,050	3,945	3,597	3,119	2,674	2,415	2,306	2,220
Common Stock	2,370	2,215	2,055	1,936	1,802	1,693	1,592	1,461	1,349	1,238
Retained Earnings	3,758	2,437	2,230	2,171	1,893	1,603	1,268	1,085	1,177	1,148
Accumulated Other Comprehensive Income / (Loss)	-382	-152	-235	-162	-99	-177	-186	-131	-220	-167

This table presents Trimble's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	9/27/2024	6/28/2024	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Total Assets	9,867	9,598	9,321	9,539	9,331	9,556	8,013	7,269	7,078
Total Current Assets	2,311	1,965	1,840	1,831	1,691	1,462	2,239	1,518	1,435
Cash & Equivalents	1,037	944	255	230	217	237	1,038	271	309
Accounts Receivable	526	577	633	707	641	664	579	643	566
Inventories, net	192	223	230	236	257	371	409	403	391
Prepaid Expenses	95	95	104	90	-	-	-	74	-
Other Current Assets	149	126	112	148	196	189	213	128	169
Other Current Nonoperating Assets	312	0.00	506	421	379	-	-	0.00	-
Plant, Property, & Equipment, net	192	201	198	203	204	224	215	219	221
Total Noncurrent Assets	7,364	7,431	7,283	7,506	7,437	7,870	5,559	5,532	5,421
Goodwill	5,142	5,198	5,196	5,351	5,280	5,560	4,177	4,138	4,037
Intangible Assets	1,103	1,115	1,168	1,244	1,260	1,403	484	498	512
Noncurrent Deferred & Refundable Income Taxes	312	308	408	412	418	426	432	438	449
Other Noncurrent Operating Assets	808	810	512	500	479	481	466	457	424
Total Liabilities & Shareholders' Equity	9,867	9,598	9,321	9,539	9,331	9,556	8,013	7,269	7,078
Total Liabilities	3,992	3,964	4,972	5,039	4,988	5,225	3,768	3,219	3,233
Total Current Liabilities	1,987	1,978	1,836	1,829	1,338	1,301	1,481	1,462	1,445
Short-Term Debt	400	400	543	530	58	4.30	300	300	344
Accounts Payable	177	175	191	165	180	180	167	176	195
Current Deferred Revenue	662	715	720	663	594	641	659	639	545
Current Deferred & Payable Income Tax Liabilities	314	328	22	40	105	-	-	24	-
Current Employee Benefit Liabilities	195	165	137	181	170	172	131	159	157
Other Current Liabilities	197	195	182	201	184	304	224	164	205
Other Current Nonoperating Liabilities	42	0.00	41	48	47	-	-	0.00	-
Total Noncurrent Liabilities	2,005	1,987	3,137	3,210	3,650	3,924	2,287	1,757	1,788
Long-Term Debt	1,390	1,390	2,487	2,536	2,995	3,185	1,787	1,220	1,245
Noncurrent Deferred Revenue	95	99	99	98	98	128	142	99	133
Noncurrent Deferred & Payable Income Tax Liabilities	236	227	265	288	284	353	120	158	162
Other Noncurrent Operating Liabilities	284	271	286	288	272	259	238	280	248
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,875	5,633	4,349	4,500	4,343	4,331	4,245	4,050	3,845
Total Preferred & Common Equity	5,875	5,633	4,349	4,500	4,343	4,331	4,245	4,050	3,845
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,875	5,633	4,349	4,500	4,343	4,331	4,245	4,050	3,845
Common Stock	2,331	2,275	2,241	2,215	2,202	2,144	2,108	2,055	2,028
Retained Earnings	3,668	3,628	2,341	2,437	2,455	2,381	2,356	2,230	2,152
Accumulated Other Comprehensive Income / (Loss)	-124	-270	-233	-152	-314	-194	-218	-235	-335

This table displays calculated financial ratios and metrics derived from Trimble's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	1/3/2025	12/29/2023	12/30/2022	12/31/2021	1/1/2021	1/3/2020	12/28/2018	12/29/2017	12/30/2016	1/1/2016
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.04%	3.33%	0.47%	16.25%	-3.57%	5.02%	17.45%	12.04%	3.13%	-4.39%
EBITDA Growth	220.96%	-5.17%	-0.17%	24.02%	5.36%	11.33%	25.84%	14.80%	3.79%	-22.70%
EBIT Growth	337.78%	-19.57%	1.13%	39.04%	10.68%	21.36%	32.23%	32.27%	15.61%	-41.42%
NOPAT Growth	-11.71%	-3.06%	-16.09%	15.90%	-25.99%	71.63%	190.42%	-16.91%	10.31%	-41.46%
Net Income Growth	383.26%	-30.78%	-8.75%	26.16%	-24.08%	81.61%	139.07%	-10.36%	9.53%	-43.57%
EPS Growth	387.20%	-30.56%	-7.22%	25.16%	-23.65%	81.25%	143.48%	-11.54%	10.64%	-41.98%
Operating Cash Flow Growth	-11.00%	52.63%	-47.87%	11.68%	14.87%	20.20%	13.27%	-0.32%	20.76%	-12.31%
Free Cash Flow Firm Growth	221.76%	-7,720.60%	-96.50%	69.51%	9.37%	119.02%	-1,589.80%	-121.56%	61.96%	100.88%
Invested Capital Growth	-15.35%	31.42%	7.88%	0.08%	2.80%	6.79%	60.19%	7.41%	-8.32%	-3.62%
Revenue Q/Q Growth	0.00%	2.04%	-1.86%	32.07%	2.21%	-20.00%	2.84%	4.52%	1.10%	-0.18%
EBITDA Q/Q Growth	0.00%	7.65%	-2.53%	-1.76%	7.78%	-0.32%	9.00%	-1.09%	5.80%	-11.89%
EBIT Q/Q Growth	0.00%	-0.55%	-3.21%	-1.63%	12.02%	1.37%	12.64%	-3.90%	17.60%	-23.35%
NOPAT Q/Q Growth	0.00%	1.53%	-7.38%	-9.19%	-24.85%	55.87%	83.37%	-36.12%	6.88%	-20.90%
Net Income Q/Q Growth	0.00%	-6.77%	-6.20%	-11.72%	-20.17%	59.83%	76.29%	-38.28%	11.66%	-20.96%
EPS Q/Q Growth	0.00%	-7.41%	-5.26%	-11.82%	-20.10%	58.59%	75.00%	-37.84%	10.64%	-21.67%
Operating Cash Flow Q/Q Growth	3.14%	-1.19%	-11.17%	-4.21%	10.91%	3.59%	-1.06%	-7.93%	17.27%	-4.29%
Free Cash Flow Firm Q/Q Growth	0.00%	4.85%	699.06%	-29.52%	309.68%	-44.30%	5.63%	-273.82%	47.46%	22.51%
Invested Capital Q/Q Growth	0.00%	1.69%	3.41%	4.73%	1.46%	9.66%	0.33%	-1.86%	-4.26%	-0.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	65.06%	61.41%	57.28%	55.61%	55.75%	54.56%	57.40%	52.05%	52.26%	52.49%
EBITDA Margin	64.53%	19.49%	21.24%	21.38%	20.04%	18.34%	17.30%	16.15%	15.76%	15.66%
Operating Margin	12.51%	11.81%	13.90%	15.33%	13.34%	11.52%	10.32%	8.91%	7.64%	6.74%
EBIT Margin	58.23%	12.90%	16.57%	16.46%	13.76%	11.99%	10.38%	9.22%	7.81%	6.96%
Profit (Net Income) Margin	40.84%	8.19%	12.23%	13.47%	12.41%	15.76%	9.11%	4.48%	5.60%	5.27%
Tax Burden Percent	75.00%	87.20%	79.02%	85.76%	98.89%	149.22%	101.91%	47.74%	75.07%	79.51%
Interest Burden Percent	93.53%	72.87%	93.43%	95.40%	91.18%	88.09%	86.20%	101.76%	95.50%	95.17%
Effective Tax Rate	25.00%	12.80%	20.98%	14.24%	1.11%	-49.22%	-1.91%	52.26%	24.93%	20.49%
Return on Invested Capital (ROIC)	5.47%	6.38%	7.91%	9.80%	8.57%	12.13%	9.00%	4.18%	4.99%	4.25%
ROIC Less NNEP Spread (ROIC-NNEP)	102.96%	2.07%	12.06%	10.82%	6.92%	9.44%	5.00%	5.96%	4.27%	3.91%
Return on Net Nonoperating Assets (RNNOA)	23.89%	0.90%	3.34%	3.27%	3.05%	5.62%	2.13%	0.84%	0.86%	1.03%
Return on Equity (ROE)	29.37%	7.28%	11.25%	13.07%	11.63%	17.76%	11.13%	5.02%	5.84%	5.28%
Cash Return on Invested Capital (CROIC)	22.10%	-20.77%	0.33%	9.72%	5.81%	5.57%	-37.26%	-2.97%	13.67%	7.94%
Operating Return on Assets (OROA)	22.54%	5.83%	8.48%	8.62%	6.41%	6.30%	6.39%	6.11%	5.01%	4.23%
Return on Assets (ROA)	15.81%	3.70%	6.26%	7.05%	5.78%	8.29%	5.61%	2.97%	3.60%	3.20%
Return on Common Equity (ROCE)	29.37%	7.28%	11.25%	13.06%	11.62%	17.75%	11.13%	5.02%	5.84%	5.26%
Return on Equity Simple (ROE_SIMPLE)	26.18%	6.92%	11.10%	12.49%	10.86%	16.50%	10.59%	4.91%	5.73%	5.44%
Net Operating Profit after Tax (NOPAT)	346	391	404	481	415	561	327	113	135	123
NOPAT Margin	9.38%	10.30%	10.98%	13.15%	13.19%	17.18%	10.51%	4.25%	5.73%	5.36%
Net Nonoperating Expense Percent (NNEP)	-97.48%	4.31%	-4.15%	-1.02%	1.66%	2.69%	4.01%	-1.78%	0.71%	0.34%
Return On Investment Capital (ROIC_SIMPLE)	4.84%	5.17%	7.25%	9.19%	-	-	-	-	-	-
Cost of Revenue to Revenue	34.94%	38.59%	42.73%	44.39%	44.25%	45.44%	42.60%	47.95%	47.74%	47.51%
SG&A Expenses to Revenue	14.88%	12.83%	11.48%	10.09%	9.56%	10.13%	11.25%	11.40%	10.84%	11.15%
R&D to Revenue	17.98%	17.49%	14.75%	14.66%	15.12%	14.39%	14.35%	13.99%	14.80%	14.70%
Operating Expenses to Revenue	52.55%	49.60%	43.38%	40.27%	42.42%	43.04%	47.08%	43.15%	44.63%	45.75%
Earnings before Interest and Taxes (EBIT)	2,145	490	609	602	433	391	323	244	184	160
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,377	741	781	782	631	599	538	427	372	359
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.06	2.94	3.08	5.55	4.64	3.32	3.00	4.24	3.28	2.42
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	4.77	3.48	3.39	5.98	5.31	3.17	2.58	3.87	3.20	2.35
Price to Earnings (P/E)	11.67	42.51	27.73	44.42	42.84	20.11	28.37	86.42	57.06	44.37
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	8.57%	2.35%	3.61%	2.25%	2.33%	4.97%	3.53%	1.16%	1.75%	2.25%
Enterprise Value to Invested Capital (EV/IC)	3.08	2.31	2.59	4.65	3.67	2.51	2.20	3.80	3.02	2.11
Enterprise Value to Revenue (EV/Rev)	4.85	4.23	3.73	6.25	5.72	3.68	3.16	4.01	3.32	2.61
Enterprise Value to EBITDA (EV/EBITDA)	7.51	21.70	17.57	29.22	28.56	20.04	18.26	24.83	21.08	16.70
Enterprise Value to EBIT (EV/EBIT)	8.32	32.81	22.52	37.94	41.59	30.65	30.44	43.49	42.56	37.54
Enterprise Value to NOPAT (EV/NOPAT)	51.65	41.07	33.98	47.50	43.40	21.39	30.04	94.27	57.95	48.77
Enterprise Value to Operating Cash Flow (EV/OCF)	33.58	26.92	35.07	30.45	26.81	20.51	20.17	24.69	18.20	16.77
Enterprise Value to Free Cash Flow (EV/FCFF)	12.79	0.00	820.93	47.91	64.02	46.63	0.00	0.00	21.13	26.12
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.24	0.68	0.38	0.33	0.43	0.59	0.74	0.38	0.27	0.33
Long-Term Debt to Equity	0.24	0.56	0.30	0.33	0.36	0.52	0.64	0.33	0.21	0.28
Financial Leverage	0.23	0.43	0.28	0.30	0.44	0.60	0.43	0.14	0.20	0.26
Leverage Ratio	1.86	1.97	1.80	1.85	2.01	2.14	1.98	1.69	1.62	1.65
Compound Leverage Factor	1.74	1.43	1.68	1.77	1.83	1.89	1.71	1.72	1.55	1.57
Debt to Total Capital	19.49%	40.53%	27.29%	24.69%	30.07%	37.13%	42.39%	27.46%	21.19%	24.73%
Short-Term Debt to Total Capital	0.00%	7.01%	5.39%	0.00%	4.97%	4.41%	5.52%	3.86%	4.45%	4.01%
Long-Term Debt to Total Capital	19.49%	33.52%	21.90%	24.69%	25.10%	32.72%	36.88%	23.60%	16.74%	20.72%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.03%	0.03%	0.01%	0.00%	0.00%	0.03%
Common Equity to Total Capital	80.51%	59.47%	72.71%	75.31%	69.90%	62.84%	57.60%	72.54%	78.81%	75.24%
Debt to EBITDA	0.59	4.14	1.95	1.65	2.45	3.08	3.66	2.14	1.67	2.03
Net Debt to EBITDA	0.12	3.83	1.60	1.24	2.08	2.76	3.34	0.88	0.79	1.71
Long-Term Debt to EBITDA	0.59	3.43	1.56	1.65	2.05	2.71	3.18	1.84	1.32	1.71
Debt to NOPAT	4.02	7.84	3.77	2.69	3.73	3.29	6.02	8.12	4.58	5.94
Net Debt to NOPAT	0.84	7.25	3.09	2.01	3.15	2.95	5.50	3.35	2.16	5.00
Long-Term Debt to NOPAT	4.02	6.48	3.02	2.69	3.11	2.90	5.24	6.98	3.62	4.98
Altman Z-Score	4.56	2.50	3.55	5.43	4.10	2.79	2.59	4.53	4.67	3.45
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.02%	0.05%	0.03%	0.01%	0.00%	0.02%	0.28%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.27	1.00	1.04	1.22	0.98	1.02	1.03	1.70	1.42	1.21
Quick Ratio	0.82	0.51	0.63	0.80	0.65	0.67	0.65	1.30	1.04	0.75
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,395	-1,273	17	477	281	257	-1,353	-80	371	229
Operating Cash Flow to CapEx	1,581.55%	1,421.67%	905.56%	1,627.98%	1,183.10%	852.77%	719.97%	983.30%	1,658.08%	813.21%
Free Cash Flow to Firm to Interest Expense	0.00	-7.91	0.24	7.29	3.63	3.12	-18.48	-3.18	14.34	8.96
Operating Cash Flow to Interest Expense	0.00	3.71	5.50	11.48	8.66	7.10	6.65	17.05	16.64	13.95
Operating Cash Flow Less CapEx to Interest Expense	0.00	3.45	4.89	10.77	7.93	6.27	5.73	15.32	15.64	12.23
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.45	0.51	0.52	0.47	0.53	0.62	0.66	0.64	0.61
Accounts Receivable Turnover	5.14	5.63	5.80	5.88	5.12	5.82	6.32	6.15	6.16	5.96
Inventory Turnover	5.99	4.59	4.10	4.89	4.54	4.86	4.71	5.25	4.70	4.04
Fixed Asset Turnover	18.85	18.02	16.26	15.09	12.76	14.37	16.07	16.63	15.57	14.47
Accounts Payable Turnover	7.87	8.60	8.21	9.27	9.21	9.67	9.02	9.92	10.76	10.69
Days Sales Outstanding (DSO)	70.97	64.85	62.95	62.11	71.24	62.66	57.72	59.35	59.26	61.22
Days Inventory Outstanding (DIO)	60.98	79.45	88.98	74.71	80.43	75.06	77.54	69.53	77.67	90.43
Days Payable Outstanding (DPO)	46.36	42.43	44.48	39.38	39.64	37.76	40.46	36.79	33.92	34.15
Cash Conversion Cycle (CCC)	85.59	101.88	107.45	97.44	112.03	99.96	94.79	92.09	103.01	117.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,787	6,964	5,299	4,912	4,908	4,774	4,471	2,791	2,598	2,834
Invested Capital Turnover	0.58	0.62	0.72	0.75	0.65	0.71	0.86	0.98	0.87	0.79
Increase / (Decrease) in Invested Capital	-1,050	1,665	387	4.10	134	304	1,680	193	-236	-107
Enterprise Value (EV)	17,846	16,071	13,718	22,853	18,015	11,997	9,818	10,608	7,848	5,987
Market Capitalization	17,556	13,234	12,469	21,885	16,704	10,342	8,022	10,232	7,555	5,373
Book Value per Share	$23.40	$18.09	$16.42	$15.72	$14.38	$12.52	$10.65	$9.59	$9.20	$8.86
Tangible Book Value per Share	($0.98)	($8.42)	($2.38)	($2.16)	($3.44)	($4.98)	($6.41)	($0.94)	($0.42)	($1.49)
Total Capital	7,136	7,567	5,570	5,238	5,146	4,964	4,643	3,328	2,926	2,950
Total Debt	1,391	3,067	1,520	1,293	1,547	1,843	1,969	914	620	730
Total Long-Term Debt	1,391	2,536	1,220	1,293	1,291	1,624	1,712	786	490	611
Net Debt	291	2,837	1,249	968	1,310	1,654	1,796	377	293	614
Capital Expenditures (CapEx)	34	42	43	46	57	69	68	44	26	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-256	302	85	-64	-12	51	118	129	94	140
Debt-free Net Working Capital (DFNWC)	482	532	356	262	226	241	290	667	421	256
Net Working Capital (NWC)	482	1.60	56	262	-30	22	34	538	291	138
Net Nonoperating Expense (NNE)	-1,159	80	-46	-12	25	46	44	-5.97	3.23	2.07
Net Nonoperating Obligations (NNO)	41	2,464	1,249	968	1,310	1,654	1,796	377	293	614
Total Depreciation and Amortization (D&A)	232	251	172	180	198	207	215	183	188	199
Debt-free, Cash-free Net Working Capital to Revenue	-6.96%	7.96%	2.31%	-1.74%	-0.37%	1.57%	3.78%	4.89%	3.96%	6.10%
Debt-free Net Working Capital to Revenue	13.10%	14.00%	9.69%	7.16%	7.18%	7.37%	9.33%	25.19%	17.81%	11.17%
Net Working Capital to Revenue	13.10%	0.04%	1.53%	7.16%	-0.95%	0.66%	1.09%	20.34%	12.30%	6.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.13	$1.26	$1.81	$1.96	$1.56	$2.05	$1.13	$0.48	$0.53	$0.47
Adjusted Weighted Average Basic Shares Outstanding	245.50M	247.90M	248.60M	251.40M	250.50M	250.80M	250M	252.10M	250.50M	255.80M
Adjusted Diluted Earnings per Share	$6.09	$1.25	$1.80	$1.94	$1.55	$2.03	$1.12	$0.47	$0.52	$0.47
Adjusted Weighted Average Diluted Shares Outstanding	247.20M	249.10M	250.20M	254.30M	252.30M	252.90M	253.40M	256.70M	253.90M	258.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	245.69M	246.95M	251.22M	250.97M	250.17M	251.51M	248.27M	252.28M	250.90M
Normalized Net Operating Profit after Tax (NOPAT)	357	431	428	490	441	282	230	170	144	132
Normalized NOPAT Margin	9.70%	11.35%	11.63%	13.39%	14.00%	8.64%	7.41%	6.42%	6.10%	5.76%
Pre Tax Income Margin	54.46%	9.40%	15.48%	15.70%	12.55%	10.56%	8.94%	9.38%	7.46%	6.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	3.04	8.57	9.21	5.58	4.75	4.41	9.68	7.12	6.23
NOPAT to Interest Expense	0.00	2.43	5.68	7.36	5.35	6.81	4.46	4.47	5.23	4.80
EBIT Less CapEx to Interest Expense	0.00	2.78	7.96	8.50	4.85	3.92	3.48	7.94	6.12	4.52
NOPAT Less CapEx to Interest Expense	0.00	2.17	5.07	6.65	4.62	5.97	3.54	2.73	4.23	3.08
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	11.63%	32.12%	87.77%	36.53%	20.89%	34.95%	32.83%	240.76%	90.39%	194.20%

This table displays calculated financial ratios and metrics derived from Trimble's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	1/3/2025	9/27/2024	6/28/2024	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.47%	-8.51%	-12.36%	4.14%	8.86%	8.18%	5.57%	-7.88%	-7.51%	-1.83%
EBITDA Growth	30.79%	-60.08%	787.40%	-17.76%	-128.68%	70.62%	-25.71%	12.67%	-11.90%	-19.52%
EBIT Growth	62.33%	-27.44%	1,745.95%	-33.33%	-2.54%	-4.50%	-58.37%	16.64%	-15.94%	-22.79%
NOPAT Growth	55.96%	-43.50%	-36.61%	-22.12%	12.92%	28.46%	-29.01%	-12.07%	-27.18%	-23.69%
Net Income Growth	43.17%	-45.79%	2,851.57%	-55.59%	-26.40%	-12.70%	-73.45%	16.77%	-25.76%	-30.81%
EPS Growth	44.00%	-46.67%	2,866.67%	-55.77%	-28.57%	-11.76%	-73.13%	18.18%	-22.22%	-30.61%
Operating Cash Flow Growth	16.38%	0.00%	0.00%	12.03%	-6.79%	76.59%	191.80%	36.41%	-31.68%	-49.94%
Free Cash Flow Firm Growth	184.32%	134.45%	135.84%	-392.65%	-427.52%	-366.86%	-376,845.49%	-24,720.39%	-345.41%	-230.72%
Invested Capital Growth	-15.35%	-7.15%	-11.04%	25.79%	31.42%	33.64%	50.52%	7.51%	7.88%	9.25%
Revenue Q/Q Growth	12.29%	0.00%	0.00%	2.24%	-2.60%	-3.65%	8.54%	6.88%	-3.21%	-5.98%
EBITDA Q/Q Growth	93.61%	0.00%	0.00%	3.72%	-115.05%	70.01%	-4.83%	41.98%	-10.43%	-38.62%
EBIT Q/Q Growth	91.91%	0.00%	0.00%	8.48%	-14.21%	25.78%	-43.04%	58.59%	-15.94%	-45.18%
NOPAT Q/Q Growth	147.52%	0.00%	0.00%	-16.60%	-10.33%	57.61%	-33.92%	20.92%	2.01%	-12.90%
Net Income Q/Q Growth	122.17%	0.00%	0.00%	-9.21%	-15.89%	67.94%	-65.37%	50.47%	-0.23%	-48.93%
EPS Q/Q Growth	125.00%	0.00%	0.00%	-8.00%	-16.67%	66.67%	-65.38%	48.57%	2.94%	-49.25%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	136.40%	-32.77%	3.30%	-31.77%	96.70%	27.37%	70.70%
Free Cash Flow Firm Q/Q Growth	118.17%	0.00%	0.00%	18.09%	2.93%	32.15%	-813.23%	12.30%	14.09%	-54,684.21%
Invested Capital Q/Q Growth	-8.99%	0.00%	0.00%	-4.38%	1.69%	-5.97%	37.57%	-0.10%	3.41%	5.91%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	69.27%	65.72%	62.69%	62.27%	61.92%	61.65%	60.84%	61.26%	58.74%	58.24%
EBITDA Margin	22.50%	13.05%	206.97%	18.41%	-4.62%	29.91%	20.44%	23.31%	17.55%	18.96%
Operating Margin	17.64%	13.29%	7.07%	11.45%	10.39%	12.67%	9.42%	14.97%	11.29%	13.83%
EBIT Margin	17.13%	10.03%	203.93%	11.81%	11.13%	12.64%	9.68%	18.45%	12.43%	14.32%
Profit (Net Income) Margin	9.17%	4.64%	151.17%	6.00%	6.76%	7.82%	4.49%	14.07%	9.99%	9.70%
Tax Burden Percent	92.23%	55.54%	74.71%	78.36%	105.88%	94.33%	77.57%	80.20%	93.96%	72.77%
Interest Burden Percent	58.04%	83.26%	99.22%	64.83%	57.32%	65.62%	59.77%	95.09%	85.54%	93.05%
Effective Tax Rate	7.77%	44.46%	25.29%	21.64%	-5.88%	5.67%	22.43%	19.80%	6.04%	27.23%
Return on Invested Capital (ROIC)	9.50%	0.00%	0.00%	5.76%	6.82%	7.43%	4.40%	8.45%	7.64%	7.68%
ROIC Less NNEP Spread (ROIC-NNEP)	3.62%	0.00%	0.00%	4.07%	4.68%	5.34%	2.96%	10.36%	7.16%	7.37%
Return on Net Nonoperating Assets (RNNOA)	0.84%	0.00%	0.00%	1.59%	2.03%	2.47%	1.40%	2.50%	1.99%	1.99%
Return on Equity (ROE)	10.34%	0.00%	0.00%	7.35%	8.85%	9.90%	5.80%	10.95%	9.62%	9.68%
Cash Return on Invested Capital (CROIC)	22.10%	0.00%	0.00%	-16.57%	-20.77%	-22.36%	-34.34%	0.38%	0.33%	0.04%
Operating Return on Assets (OROA)	6.63%	0.00%	0.00%	5.23%	5.03%	5.74%	4.29%	8.74%	6.36%	7.62%
Return on Assets (ROA)	3.55%	0.00%	0.00%	2.66%	3.05%	3.55%	1.99%	6.67%	5.11%	5.16%
Return on Common Equity (ROCE)	10.34%	0.00%	0.00%	7.35%	8.85%	9.90%	5.80%	10.95%	9.62%	9.68%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	5.51%	0.00%	7.69%	7.96%	11.03%	0.00%	12.47%
Net Operating Profit after Tax (NOPAT)	160	65	46	86	103	114	73	110	91	89
NOPAT Margin	16.27%	7.38%	5.29%	8.98%	11.00%	11.95%	7.31%	12.00%	10.61%	10.07%
Net Nonoperating Expense Percent (NNEP)	5.87%	1.61%	-66.91%	1.69%	2.13%	2.09%	1.44%	-1.91%	0.47%	0.31%
Return On Investment Capital (ROIC_SIMPLE)	2.24%	0.84%	0.62%	1.16%	1.36%	1.55%	0.97%	1.74%	1.63%	-
Cost of Revenue to Revenue	30.73%	34.28%	37.31%	37.73%	38.08%	38.35%	39.16%	38.74%	41.26%	41.76%
SG&A Expenses to Revenue	13.98%	14.57%	17.08%	14.07%	12.69%	12.24%	14.22%	12.09%	12.17%	12.39%
R&D to Revenue	17.80%	17.77%	18.55%	17.85%	17.99%	16.97%	17.59%	17.40%	15.73%	14.35%
Operating Expenses to Revenue	51.63%	52.43%	55.62%	50.81%	51.52%	48.98%	51.42%	46.30%	47.45%	44.41%
Earnings before Interest and Taxes (EBIT)	169	88	1,776	113	104	121	96	169	107	127
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	221	114	1,802	176	-43	286	203	213	150	168
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.06	2.61	2.47	3.68	2.94	3.08	3.03	3.05	3.08	3.50
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	4.77	0.00	0.00	4.17	3.48	3.59	3.59	3.60	3.39	3.59
Price to Earnings (P/E)	11.67	0.00	0.00	66.79	42.51	40.06	38.04	27.65	27.73	28.04
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	8.57%	0.00%	0.00%	1.50%	2.35%	2.50%	2.63%	3.62%	3.61%	3.57%
Enterprise Value to Invested Capital (EV/IC)	3.08	2.53	2.28	2.82	2.31	2.37	2.21	2.64	2.59	2.87
Enterprise Value to Revenue (EV/Rev)	4.85	0.00	0.00	4.90	4.23	4.35	4.40	3.89	3.73	3.93
Enterprise Value to EBITDA (EV/EBITDA)	7.51	0.00	0.00	38.32	21.70	23.57	25.30	19.77	17.57	18.37
Enterprise Value to EBIT (EV/EBIT)	8.32	0.00	0.00	43.33	32.81	32.91	32.24	22.10	22.52	23.39
Enterprise Value to NOPAT (EV/NOPAT)	51.65	0.00	0.00	50.15	41.07	42.06	44.26	35.99	33.98	33.77
Enterprise Value to Operating Cash Flow (EV/OCF)	33.58	31.23	26.01	30.19	26.92	26.83	29.73	31.31	35.07	33.42
Enterprise Value to Free Cash Flow (EV/FCFF)	12.79	0.00	0.00	0.00	0.00	0.00	0.00	727.08	820.93	7,038.64
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.24	0.30	0.32	0.70	0.68	0.70	0.74	0.49	0.38	0.41
Long-Term Debt to Equity	0.24	0.24	0.25	0.57	0.56	0.69	0.74	0.42	0.30	0.32
Financial Leverage	0.23	0.29	0.38	0.39	0.43	0.46	0.47	0.24	0.28	0.27
Leverage Ratio	1.86	1.88	1.92	2.02	1.97	2.00	2.00	1.85	1.80	1.82
Compound Leverage Factor	1.08	1.56	1.91	1.31	1.13	1.32	1.20	1.75	1.54	1.70
Debt to Total Capital	19.49%	23.35%	24.11%	41.06%	40.53%	41.28%	42.41%	32.96%	27.29%	29.23%
Short-Term Debt to Total Capital	0.00%	5.22%	5.39%	7.36%	7.01%	0.79%	0.06%	4.74%	5.39%	6.32%
Long-Term Debt to Total Capital	19.49%	18.14%	18.72%	33.70%	33.52%	40.50%	42.35%	28.22%	21.90%	22.91%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	80.51%	76.65%	75.89%	58.94%	59.47%	58.72%	57.59%	67.04%	72.71%	70.77%
Debt to EBITDA	0.59	0.00	0.00	6.18	4.14	4.44	5.02	2.95	1.95	1.98
Net Debt to EBITDA	0.12	0.00	0.00	5.66	3.83	4.12	4.65	1.48	1.60	1.60
Long-Term Debt to EBITDA	0.59	0.00	0.00	5.07	3.43	4.35	5.01	2.52	1.56	1.55
Debt to NOPAT	4.02	0.00	0.00	8.09	7.84	7.92	8.78	5.37	3.77	3.64
Net Debt to NOPAT	0.84	0.00	0.00	7.41	7.25	7.36	8.13	2.70	3.09	2.94
Long-Term Debt to NOPAT	4.02	0.00	0.00	6.64	6.48	7.77	8.77	4.60	3.02	2.86
Altman Z-Score	3.88	0.00	0.00	2.74	2.37	2.46	2.29	3.11	3.32	3.51
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.27	1.16	0.99	1.00	1.00	1.26	1.12	1.51	1.04	0.99
Quick Ratio	0.82	0.79	0.77	0.48	0.51	0.64	0.69	1.09	0.63	0.61
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,210	554	850	-1,280	-1,562	-1,609	-2,372	-260	-296	-345
Operating Cash Flow to CapEx	1,886.89%	0.00%	0.00%	3,438.24%	1,009.18%	1,114.39%	1,130.16%	3,260.94%	1,607.58%	1,028.40%
Free Cash Flow to Firm to Interest Expense	0.00	39.32	46.96	-28.31	-32.68	-34.39	-50.79	-13.18	-12.24	-22.10
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	5.17	2.07	3.14	3.05	10.59	4.38	5.34
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	5.02	1.86	2.86	2.78	10.27	4.11	4.82
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.00	0.00	0.44	0.45	0.45	0.44	0.47	0.51	0.53
Accounts Receivable Turnover	5.14	0.00	0.00	6.33	5.63	6.17	5.82	5.83	5.80	6.53
Inventory Turnover	5.99	0.00	0.00	4.60	4.59	4.52	3.95	3.66	4.10	4.57
Fixed Asset Turnover	18.85	0.00	0.00	18.58	18.02	17.53	16.13	15.99	16.26	16.67
Accounts Payable Turnover	7.87	0.00	0.00	8.23	8.60	7.82	7.89	7.80	8.21	8.41
Days Sales Outstanding (DSO)	70.97	0.00	0.00	57.64	64.85	59.19	62.66	62.62	62.95	55.86
Days Inventory Outstanding (DIO)	60.98	0.00	0.00	79.33	79.45	80.81	92.47	99.85	88.98	79.91
Days Payable Outstanding (DPO)	46.36	0.00	0.00	44.34	42.43	46.65	46.28	46.80	44.48	43.42
Cash Conversion Cycle (CCC)	85.59	0.00	0.00	92.63	101.88	93.35	108.85	115.67	107.45	92.36
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,787	6,358	6,479	6,659	6,964	6,848	7,283	5,294	5,299	5,124
Invested Capital Turnover	0.58	0.00	0.00	0.64	0.62	0.62	0.60	0.70	0.72	0.76
Increase / (Decrease) in Invested Capital	-1,050	-490	-804	1,365	1,665	1,724	2,445	370	387	434
Enterprise Value (EV)	17,846	16,090	14,757	18,786	16,071	16,212	16,067	13,994	13,718	14,720
Market Capitalization	17,556	15,337	13,911	16,011	13,234	13,375	13,116	12,945	12,469	13,440
Book Value per Share	$23.40	$23.92	$22.98	$17.72	$18.09	$17.49	$17.48	$17.19	$16.42	$15.52
Tangible Book Value per Share	($0.98)	($1.51)	($2.77)	($8.21)	($8.42)	($8.84)	($10.62)	($1.68)	($2.38)	($2.84)
Total Capital	7,136	7,665	7,423	7,379	7,567	7,397	7,520	6,332	5,570	5,433
Total Debt	1,391	1,790	1,790	3,030	3,067	3,054	3,189	2,087	1,520	1,588
Total Long-Term Debt	1,391	1,390	1,390	2,487	2,536	2,995	3,185	1,787	1,220	1,245
Net Debt	291	753	846	2,775	2,837	2,837	2,952	1,049	1,249	1,280
Capital Expenditures (CapEx)	6.10	0.00	0.00	6.80	9.80	13	13	6.40	6.60	8.10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-256	-313	-557	293	302	194	-72	20	85	25
Debt-free Net Working Capital (DFNWC)	482	724	387	548	532	411	165	1,058	356	334
Net Working Capital (NWC)	482	324	-13	4.50	1.60	353	161	758	56	-9.70
Net Nonoperating Expense (NNE)	70	24	-1,270	28	40	40	28	-19	5.26	3.27
Net Nonoperating Obligations (NNO)	41	483	846	2,310	2,464	2,505	2,952	1,049	1,249	1,280
Total Depreciation and Amortization (D&A)	53	27	27	63	-147	165	107	45	44	41
Debt-free, Cash-free Net Working Capital to Revenue	-6.96%	0.00%	0.00%	7.63%	7.96%	5.21%	-1.97%	0.55%	2.31%	0.67%
Debt-free Net Working Capital to Revenue	13.10%	0.00%	0.00%	14.28%	14.00%	11.03%	4.53%	29.41%	9.69%	8.91%
Net Working Capital to Revenue	13.10%	0.00%	0.00%	0.12%	0.04%	9.47%	4.41%	21.07%	1.53%	-0.26%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.36	$0.17	$5.37	$0.23	$0.26	$0.30	$0.18	$0.52	$0.35	$0.35
Adjusted Weighted Average Basic Shares Outstanding	245.50M	245.60M	245.10M	245.50M	247.90M	248.60M	248.10M	247.20M	248.60M	247.50M
Adjusted Diluted Earnings per Share	$0.36	$0.16	$5.34	$0.23	$0.25	$0.30	$0.18	$0.52	$0.35	$0.34
Adjusted Weighted Average Diluted Shares Outstanding	247.20M	246.90M	246.40M	247.40M	249.10M	249.70M	249M	248.70M	250.20M	248.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	245.69M	248.77M	248.32M	247.75M	246.95M	246.62M
Normalized Net Operating Profit after Tax (NOPAT)	162	66	50	91	81	126	78	115	100	95
Normalized NOPAT Margin	16.44%	7.53%	5.72%	9.52%	8.74%	13.12%	7.90%	12.59%	11.67%	10.74%
Pre Tax Income Margin	9.95%	8.35%	202.34%	7.66%	6.38%	8.29%	5.79%	17.54%	10.64%	13.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	6.23	98.11	2.49	2.17	2.59	2.06	8.57	4.40	8.12
NOPAT to Interest Expense	0.00	4.59	2.54	1.89	2.15	2.45	1.55	5.58	3.75	5.71
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	2.34	1.97	2.30	1.79	8.25	4.13	7.60
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	1.74	1.94	2.16	1.28	5.25	3.48	5.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	11.63%	0.00%	0.00%	114.73%	32.12%	0.00%	26.10%	61.94%	87.77%	90.68%

Frequently Asked Questions About Trimble's Financials

When does Trimble's financial year end?

According to the most recent income statement we have on file, Trimble's fiscal year ends in January. Their fiscal year 2025 ended on January 3, 2025.

How has Trimble's net income changed over the last 9 years?

Trimble's net income appears to be on an upward trend, with a most recent value of $1.50 billion in 2024, rising from $120.70 million in 2015. The previous period was $311.30 million in 2023. Check out Trimble's forecast to explore projected trends and price targets.

What is Trimble's operating income?

Trimble's total operating income in 2024 was $460.70 million, based on the following breakdown:

Total Gross Profit: $2.40 billion
Total Operating Expenses: $1.94 billion

How has Trimble revenue changed over the last 9 years?

Over the last 9 years, Trimble's total revenue changed from $2.29 billion in 2015 to $3.68 billion in 2024, a change of 60.8%.

How much debt does Trimble have?

Trimble's total liabilities were at $3.74 billion at the end of 2024, a 25.7% decrease from 2023, and a 156.4% increase since 2015.

How much cash does Trimble have?

In the past 9 years, Trimble's cash and equivalents has ranged from $116 million in 2015 to $738.80 million in 2024, and is currently $738.80 million as of their latest financial filing in 2024.

How has Trimble's book value per share changed over the last 9 years?

Over the last 9 years, Trimble's book value per share changed from 8.86 in 2015 to 23.40 in 2024, a change of 164.1%.

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This page (NASDAQ:TRMB) was last updated on 5/21/2025 by MarketBeat.com Staff

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Trimble (TRMB) Financials

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Trimble (TRMB) Financials

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