Trimble (TRMB) Financials

$72.54 -0.26 (-0.36%)

Closing price 06/11/2025 04:00 PM Eastern

Extended Trading

$72.25 -0.29 (-0.40%)

As of 06/11/2025 07:36 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	1/1/2016	12/30/2016	12/29/2017	12/28/2018	1/3/2020	1/1/2021	12/31/2021	12/30/2022	12/29/2023	1/3/2025
Net Income / (Loss) Attributable to Common Shareholders	121	132	118	283	514	390	493	450	311	1,504
Consolidated Net Income / (Loss)	121	132	119	283	515	391	493	450	311	1,504
Net Income / (Loss) Continuing Operations	121	132	119	283	515	391	493	450	311	1,504
Total Pre-Tax Income	152	176	248	278	345	395	575	569	357	2,006
Total Operating Income	154	180	236	321	376	420	561	511	449	461
Total Gross Profit	1,202	1,235	1,378	1,784	1,781	1,755	2,035	2,106	2,333	2,396
Total Revenue	2,290	2,362	2,647	3,108	3,264	3,148	3,659	3,676	3,799	3,683
Operating Revenue	2,290	2,362	2,647	3,108	3,264	3,148	3,659	3,676	3,799	3,683
Total Cost of Revenue	1,088	1,128	1,269	1,324	1,483	1,393	1,624	1,571	1,466	1,287
Operating Cost of Revenue	1,088	1,128	1,269	1,324	1,483	1,393	1,624	1,571	1,466	1,287
Total Operating Expenses	1,048	1,054	1,142	1,464	1,405	1,335	1,474	1,595	1,884	1,936
Selling, General & Admin Expense	255	256	302	350	331	301	369	422	488	548
Marketing Expense	375	375	400	480	504	467	507	554	583	604
Research & Development Expense	337	350	370	446	470	476	537	542	664	662
Amortization Expense	70	62	63	180	74	66	51	47	104	106
Restructuring Charge	11	12	6.90	8.20	27	26	10	30	46	16
Total Other Income / (Expense), net	-2.60	-4.30	13	-43	-31	-25	14	58	-92	1,545
Interest & Investment Income	18	18	30	29	36	39	38	31	28	-139
Other Income / (Expense), net	5.10	4.00	8.20	1.80	16	13	41	98	41	1,684
Income Tax Expense	31	44	130	-5.30	-170	4.40	82	119	46	502
Basic Earnings per Share	$0.47	$0.53	$0.47	$1.13	$2.05	$1.56	$1.96	$1.81	$1.26	$6.13
Weighted Average Basic Shares Outstanding	255.80M	250.50M	252.10M	250M	250.80M	250.50M	251.40M	248.60M	247.90M	245.50M
Diluted Earnings per Share	$0.47	$0.52	$0.46	$1.12	$2.03	$1.55	$1.94	$1.80	$1.25	$6.09
Weighted Average Diluted Shares Outstanding	258.50M	253.90M	256.70M	253.40M	252.90M	252.30M	254.30M	250.20M	249.10M	247.20M

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

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

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

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

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

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

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

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

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

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

Frequently Asked Questions About Trimble's Financials

When does Trimble's fiscal year end?

According to the most recent income statement we have on file, Trimble's financial year ends in January. Their financial 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. See where experts think Trimble is headed by visiting Trimble's forecast page.

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 6/12/2025 by MarketBeat.com Staff

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Trimble (TRMB) Financials

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Trimble (TRMB) Financials

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