Toromont Industries Ltd. · TSX:TIH
Toromont Industries — Q4 2025 Earnings Presentation
12 slides from Toromont Industries's earnings presentation, February 2026
Slide 1: Investor Presentation – Q4 2025
DISCIPLINED. DEDICATED. DRIVEN. Investor Presentation – Q4 2025 John Doolittle, EVP & CFO February 2026
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 Q4’ 25 Revenue Segmentation Q4’25 YTD Revenue $524 M • Well-recognized proprietary brand with 100+ year history • Bookings a
Slide 8: History of Operational Excellence
History of Operational Excellence Summary Income Statement ($M) 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Equipment $ 1,545 $ 1,556 $ 1,949 $ 3,061 $ 3,256 $ 3,080 $ 3,425 $ 3,764 $ 4,225 $ 4,561 $ 4,679 CIMCO 233 280 318 343 335 313 361 351 397 461 524 Revenue $ 1,778 $ 1,837 $ 2,267 $
Slide 9: Prudent Capital Management
Prudent Capital Management Return on Capital Employed Capital Allocation Priorities 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 Opportunistic Share Buy-ba
Slide 10: Prudent Capital Management
Prudent Capital Management Allocation of Operating Cash Flow can be Considered in Three Basic Forms: Developing the Business Shares Outstanding (M) • Organic Initiatives 90 • Complementary Acquisitions 80 70 60 Distributions to Shareholders 50 • Cash Dividends 40 • Share Repurchases (net of share is
Slide 11: Summary Historical Financial Data
Summary Historical Financial Data Summary Balance Sheet ($M) 2020 2021 2022 2023 2024 2025 Cash $ 591 $ 917 $ 928 $ 1,041 $ 891 $ 1,325 Inventory 728 720 1,026 1,119 1,322 1,191 Other 553 471 615 651 677 751 Current Assets 1,872 2,108 2,569 2,811 2,890 3,267 PP&E (net) 963 976 1,087 1,221 1,408 1,55
Slide 12: THANK YOU
THANK YOU DISCIPLINED. DEDICATED. DRIVEN. DISCIPLINÉS. DÉVOUÉS. DÉTERMINÉS. 12