Toromont Industries Ltd. · TSX:TIH
Toromont Industries — Q3 2025 Earnings Presentation
12 slides from Toromont Industries's earnings presentation, October 2025
Slide 1: Investor Presentation – Q3 2025
DISCIPLINED. DEDICATED. DRIVEN. Investor Presentation – Q3 2025 John Doolittle, EVP & CFO October 2025
Slide 2: Toromont Industries Ltd. TIH (TSX)
Toromont Industries Ltd. TIH (TSX) • Toromont is a diversified Caterpillar dealer serving its customers through Corporate several well-established, market-leading businesses and underpinned by a strong financial foundation. • Toromont is organized into two distinct growth divisions: • Incorporated 1
Slide 3: Equipment Group
Equipment Group • Dedicated to consistently delivering a superior customer experience by providing new and quality used equipment, rental equipment and exceptional product support to the markets we serve. • Our 2025 strategic investment in AVL Manufacturing Ltd. (AVL), a leader in designing and fabr
Slide 4: Equipment Group: Light Rentals
Equipment Group: Light Rentals SINGLE SOURCE SUPPLIER FOR: • Rental Equipment • Cat Compact Equipment • New and Used Equipment Sales • Specialty Tools • Building Products 80+ 1,200+ • Safety Supplies LOCATIONS Includes Jobsite locations EMPLOYEES • Safety Training Branches located in Manitoba, Ontar
Slide 5: Equipment Group: Product Support – Service
Equipment Group: Product Support – Service Toromont specialists work with our customers to determine the best strategies to maximize productivity, minimize costs and reduce risk. SERVICE Quality service supplied by Toromont service personnel 2,000+ 1,200+ enhances the competitive advantage of our cu
Slide 6: Equipment Group: Remanufacture and Repair
Equipment Group: Remanufacture and Repair Toromont Remanufacturing enables customers to maximize the equipment uptime and our off-the-shelf inventory of exchange components. 5 FULL-SERVICE 220+ REMAN TECHNICIANS/ MACHINE SHOPS COMPONENT REBUILDERS 3YR/5000HR INDUSTRY LEADING WARRANTY ON MAJOR COMPON
Slide 7: CIMCO Group
CIMCO Group CIMCO is a North American market leader in the design, engineering, fabrication, installation and servicing of thermal management solutions Segment Characteristics Q3’ 25 Revenue Segmentation Q3’25 YTD Revenue $391 M • Well-recognized proprietary brand with 100+ year history • Bookings a
Slide 8: History of Operational Excellence
History of Operational Excellence Summary Income Statement ($M) 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2024 SEP YTD 2025 SEP YTD Equipment $ 1,545 $ 1,556 $ 1,949 $ 3,061 $ 3,256 $ 3,080 $ 3,425 $ 3,764 $ 4,225 $ 4,561 $ 3,375 $ 3,390 CIMCO 233 280 318 343 335 313 361 351 397 461 340 391
Slide 9: Prudent Capital Management
Prudent Capital Management Capital Allocation Priorities Return on Capital Employed (ROCE) 35% Care and Maintenance of Business 30% Organic Growth Initiatives (high return) 25% Strategic Acquisitions 20% Maintain Investment Grade Debt Rating 15% Annual Dividend Growth 10% Opportunistic S
Slide 10: Prudent Capital Management
Prudent Capital Management Allocation of Operating Cash Flow can be Considered in Three Basic Forms: Shares Outstanding (M) Developing the Business 90 • Organic Initiatives 80 • Complementary Acquisitions 70 60 Distributions to Shareholders 50 40 • Cash Dividends 30 • Share Repurchases (net of share
Slide 11: Summary Historical Financial Data
Summary Historical Financial Data Summary Income Statement ($M) 2020 2021 2022 2023 2024 2024 SEP YTD 2025 SEP YTD Equipment $ 3,080 $ 3,425 $ 3,764 $ 4,225 $ 4,561 $ 3,375 $ 3,390 CIMCO 313 361 351 397 461 340 391 Revenue* $ 3,392 $ 3,786 $ 4,115 $ 4,622 $ 5,021 $ 3,714 $ 3,781 Operating Income* 36
Slide 12: THANK YOU
THANK YOU DISCIPLINED. DEDICATED. DRIVEN. DISCIPLINÉS. DÉVOUÉS. DÉTERMINÉS. 12