Balance Sheet Trimble, Inc.

Equities

TRMB

US8962391004

Software

Market Closed - Nasdaq Other stock markets 16:00:00 2026-02-11 EST			5-day change	1st Jan Change
65.13 ^USD	-5.44%		+0.14%	-16.87%

09:52am	Baird Adjusts Price Target on Trimble to $90 From $95, Maintains Outperform Rating	MT
09:44am	Oppenheimer Adjusts Price Target on Trimble to $86 From $102, Maintains Outperform Rating	MT

43ab1a792fedf5dc52e05cc.tvhqND8jOWl5ZIZtrNyBIjvpSon-W51twqMeNLxzpVM.hb8IGRJXQzBNAcA46bWwdnqBBsyXMfkXg_NmZu4f3Dn1zjh3VhRzERAL6Q

Published financial data: TRIMBLE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2020	2021	2022	2023	2024
Revenues	3.15B	3.66B	3.68B	3.8B	3.68B
Total Revenues	3.15B	3.66B	3.68B	3.8B	3.68B
Cost of Goods Sold, Total	1.3B	1.54B	1.48B	1.36B	1.19B
Gross Profit	1.85B	2.12B	2.19B	2.44B	2.49B
Selling General & Admin Expenses, Total	748M	854M	943M	1.07B	1.15B
R&D Expenses	476M	537M	542M	664M	662M
Amortization of Goodwill and Intangible Assets - (IS)	158M	139M	132M	212M	199M
Other Operating Expenses, Total	1.38B	1.53B	1.62B	1.95B	2.01B
Operating Income	468M	593M	576M	495M	480M
Interest Expense, Total	-77.6M	-65.4M	-71.1M	-161M	-90.7M
Net Interest Expenses	-77.6M	-65.4M	-71.1M	-161M	-90.7M
Income (Loss) On Equity Invest.	39.4M	37.7M	31.1M	28.1M	-48.1M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	1.2M	-800K	-3.3M	5.9M	-3.9M
EBT, Excl. Unusual Items	431M	565M	532M	368M	338M
Restructuring Charges	-26.6M	-10.5M	-37.9M	-46.8M	-19.5M
Merger & Related Restructuring Charges	-	-1.8M	8.5M	-	-
Gain (Loss) On Sale Of Assets	-	43.9M	99M	9.2M	1.69B
Other Unusual Items	-9.6M	-21.8M	-32.8M	26.8M	-
EBT, Incl. Unusual Items	395M	575M	569M	357M	2.01B
Income Tax Expense	4.4M	81.8M	119M	45.7M	502M
Earnings From Continuing Operations	391M	493M	450M	311M	1.5B
Net Income to Company	391M	493M	450M	311M	1.5B
Minority Interest	-700K	-100K	-	-	-
Net Income - (IS)	390M	493M	450M	311M	1.5B
Net Income to Common Incl Extra Items	390M	493M	450M	311M	1.5B
Net Income to Common Excl. Extra Items	390M	493M	450M	311M	1.5B
Per Share Items
Net EPS - Basic	1.56	1.96	1.81	1.26	6.13
Basic EPS - Continuing Operations	1.56	1.96	1.81	1.26	6.13
Basic Weighted Average Shares Outstanding	250M	251M	249M	248M	246M
Net EPS - Diluted	1.55	1.94	1.8	1.25	6.09
Diluted EPS - Continuing Operations	1.55	1.94	1.8	1.25	6.09
Diluted Weighted Average Shares Outstanding	252M	254M	250M	249M	247M
Normalized Basic EPS	1.07	1.4	1.34	0.93	0.86
Normalized Diluted EPS	1.07	1.39	1.33	0.92	0.85
American Depositary Receipts Ratio (ADR)	0.1	0.1	0.1	0.1	0.1
Supplemental Items
EBITDA	666M	773M	747M	745M	712M
EBITA	626M	732M	707M	707M	679M
EBIT	468M	593M	576M	495M	480M
EBITDAR	720M	826M	798M	796M	759M
Total Revenues (As Reported)	3.15B	3.66B	3.68B	3.8B	3.68B
Effective Tax Rate - (Ratio)	1.11	14.24	20.98	12.8	25
Current Domestic Taxes	-5M	32.7M	111M	69.9M	110M
Current Foreign Taxes	62.2M	76M	48.4M	80.4M	365M
Total Current Taxes	57.2M	109M	159M	150M	474M
Deferred Domestic Taxes	-9.2M	-25.4M	-103M	-99.1M	-69.1M
Deferred Foreign Taxes	-43.6M	-1.5M	62.7M	-5.5M	96.1M
Total Deferred Taxes	-52.8M	-26.9M	-40M	-105M	27M
Normalized Net Income	269M	353M	333M	230M	211M
Supplemental Operating Expense Items
Advertising Expense	28.6M	31.6M	-	-	57.9M
Selling and Marketing Expenses	467M	507M	554M	583M	604M
General and Administrative Expenses	281M	347M	390M	488M	548M
Research And Development Expense From Footnotes	492M	549M	542M	664M	662M
Net Rental Expense, Total	53.8M	53.3M	51.1M	50.6M	46.4M
Imputed Operating Lease Interest Expense	18.17M	17.76M	18.69M	26.72M	14.17M
Imputed Operating Lease Depreciation	35.63M	35.54M	32.41M	23.88M	32.23M
Stock-Based Comp., COGS (Total)	6.7M	9.5M	12.6M	14.6M	17M
Stock-Based Comp., R&D Exp. (Total)	22.1M	29.5M	28M	40.7M	45M
Stock-Based Comp., S&M Exp. (Total)	16.2M	21.5M	24.6M	27.1M	29.3M
Stock-Based Comp., G&A Exp. (Total)	38M	62.1M	55.2M	63M	67.3M
Total Stock-Based Compensation	83M	123M	120M	145M	159M

Fiscal Period: January	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	238M	326M	271M	230M	739M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	238M	326M	271M	230M	739M
Accounts Receivable, Total	620M	625M	643M	707M	726M
Other Receivables	-	-	-	-	-
Total Receivables	620M	625M	643M	707M	726M
Inventory	302M	363M	402M	236M	194M
Prepaid Expenses	-	-	-	89.8M	103M
Other Current Assets, Total	122M	137M	201M	569M	508M
Total Current Assets	1.28B	1.45B	1.52B	1.83B	2.27B
Gross Property Plant And Equipment	727M	737M	700M	677M	651M
Accumulated Depreciation	-346M	-363M	-360M	-350M	-339M
Net Property Plant And Equipment	381M	374M	340M	326M	312M
Long-term Investments	-	-	-	-	361M
Goodwill	3.88B	3.98B	4.14B	5.35B	4.99B
Other Intangibles, Total	580M	507M	498M	1.24B	998M
Deferred Tax Assets Long-Term	510M	502M	438M	412M	294M
Deferred Charges Long-Term	51.3M	59.7M	74.7M	-	124M
Other Long-Term Assets, Total	197M	225M	262M	376M	140M
Total Assets	6.88B	7.1B	7.27B	9.54B	9.49B
Liabilities
Accounts Payable, Total	143M	207M	176M	165M	162M
Accrued Expenses, Total	167M	231M	159M	181M	227M
Current Portion of Long-Term Debt	256M	-	300M	530M	-
Current Portion of Leases	33.8M	35M	35M	29.1M	21.2M
Current Income Taxes Payable	-	-	-	39.7M	325M
Unearned Revenue Current, Total	560M	549M	639M	663M	800M
Other Current Liabilities	151M	166M	153M	220M	253M
Total Current Liabilities	1.31B	1.19B	1.46B	1.83B	1.79B
Long-Term Debt	1.29B	1.29B	1.22B	2.54B	1.39B
Long-Term Leases	109M	121M	105M	122M	123M
Unearned Revenue Non Current	53.3M	83M	98.5M	98.3M	95.6M
Pension & Other Post Retirement Benefits	21.9M	-	-	-	-
Deferred Tax Liability Non Current	300M	263M	158M	288M	200M
Other Non Current Liabilities	191M	206M	175M	166M	146M
Total Liabilities	3.28B	3.15B	3.22B	5.04B	3.74B
Common Stock, Total	300K	300K	200K	200K	200K
Additional Paid In Capital	1.8B	1.94B	2.05B	2.21B	2.37B
Retained Earnings	1.89B	2.17B	2.23B	2.44B	3.76B
Comprehensive Income and Other	-98.5M	-162M	-235M	-152M	-382M
Total Common Equity	3.6B	3.94B	4.05B	4.5B	5.75B
Minority Interest	1.7M	-	-	-	-
Total Equity	3.6B	3.94B	4.05B	4.5B	5.75B
Total Liabilities And Equity	6.88B	7.1B	7.27B	9.54B	9.49B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	251M	251M	247M	246M	239M
ECS Total Common Shares Outstanding	251M	251M	247M	246M	246M
Book Value / Share	14.34	15.72	16.4	18.26	23.37
Tangible Book Value	-860M	-543M	-586M	-2.09B	-241M
Tangible Book Value Per Share	-3.43	-2.17	-2.37	-8.49	-0.98
Total Debt	1.69B	1.45B	1.66B	3.22B	1.54B
Net Debt	1.45B	1.12B	1.39B	2.99B	796M
Debt Equivalent Oper. Leases	430M	426M	409M	405M	371M
Minority Interest, Total (Incl. Fin. Div)	1.7M	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	95.6M	130M	155M	88.4M	71.7M
Inventories - Work In Process, Total	16M	12.4M	13.1M	3M	5.2M
Inventories - Finished Goods, Total	190M	221M	234M	144M	117M
Land - (BS)	253M	239M	244M	237M	239M
Buildings, Total	-	-	-	-	-
Machinery, Total	179M	186M	178M	170M	147M
Full Time Employees	11.4K	11.93K	11.82K	12.7K	12.1K
Accumulated Allowance for Doubtful Accounts (Supple)	7M	7M	5.9M	-	-

Fiscal Period: January	2020	2021	2022	2023	2024
Net Income	390M	493M	450M	311M	1.5B
Depreciation & Amortization - CF	39.7M	41.3M	40.2M	38.3M	33M
Amortization of Goodwill and Intangible Assets - (CF)	158M	139M	132M	212M	199M
Depreciation & Amortization, Total	198M	180M	172M	251M	232M
(Gain) Loss From Sale Of Asset	-	-43.9M	-99M	-9.2M	-1.69B
Asset Writedown & Restructuring Costs	11.4M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-21M	-	-	-	-
Stock-Based Compensation (CF)	83M	123M	120M	145M	159M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	7.1M	-	-	-	-
Other Operating Activities, Total	-19.5M	-7.6M	1.7M	-93M	121M
Change In Accounts Receivable	-14M	-9M	-55.4M	-36.4M	-135M
Change In Inventories	-5M	-72.9M	-114M	67.6M	11M
Change In Accounts Payable	-15.7M	60.3M	-24.8M	-12.4M	5.7M
Change in Unearned Revenues	65.7M	27.4M	109M	26M	168M
Change In Income Taxes	-	-	-	-4M	266M
Change in Other Net Operating Assets	-7.4M	1M	-168M	-48.8M	-112M
Cash from Operations	672M	750M	391M	597M	531M
Capital Expenditure	-56.8M	-46.1M	-43.2M	-42M	-33.6M
Sale of Property, Plant, and Equipment	-	20.8M	-	-	-
Cash Acquisitions	-202M	-236M	-374M	-2.09B	-22M
Divestitures	-	67.3M	215M	17M	1.92B
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	26.9M	-9.4M	-25M	45.8M	-6.7M
Cash from Investing	-232M	-204M	-226M	-2.07B	1.86B
Long-Term Debt Issued, Total	1.17B	199M	815M	3.85B	521M
Total Debt Issued	1.17B	199M	815M	3.85B	521M
Long-Term Debt Repaid, Total	-1.49B	-450M	-590M	-2.29B	-2.2B
Total Debt Repaid	-1.49B	-450M	-590M	-2.29B	-2.2B
Issuance of Common Stock	10M	-	-	6.7M	-
Repurchase of Common Stock	-81.6M	-195M	-408M	-100M	-182M
Other Financing Activities, Total	-16.5M	-1.6M	-15.3M	-29.4M	-4.5M
Cash from Financing	-400M	-448M	-199M	1.43B	-1.86B
Foreign Exchange Rate Adjustments	8.6M	-11.3M	-20.6M	7.4M	-19.4M
Net Change in Cash	48.5M	88M	-54.7M	-32.1M	509M
Supplemental Items
Cash Interest Paid	71.8M	61.8M	73.1M	134M	140M
Cash Income Tax Paid (Refund)	59M	98.3M	197M	168M	228M
Levered Free Cash Flow	526M	637M	416M	351M	1.17B
Unlevered Free Cash Flow	575M	678M	460M	452M	1.22B
Change In Net Working Capital	-58.2M	-50.7M	149M	211M	-566M
Net Debt Issued / Repaid	-312M	-251M	225M	1.55B	-1.68B

Fiscal Period: January	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.33	5.31	5.01	3.68	3.15
Return on Total Capital	5.63	6.94	6.48	4.61	4
Return On Equity %	11.63	13.07	11.25	7.28	29.37
Return on Common Equity	11.61	13.07	11.25	7.28	29.37
Margin Analysis
Gross Profit Margin %	58.78	58.01	59.64	64.28	67.69
SG&A Margin	23.77	23.34	25.66	28.18	31.27
EBITDA Margin %	21.15	21.13	20.33	19.62	19.34
EBITA Margin %	19.89	20	19.24	18.61	18.44
EBIT Margin %	14.87	16.21	15.66	13.03	13.04
Income From Continuing Operations Margin %	12.41	13.47	12.23	8.19	40.84
Net Income Margin %	12.39	13.46	12.23	8.19	40.84
Net Avail. For Common Margin %	12.39	13.46	12.23	8.19	40.84
Normalized Net Income Margin	8.54	9.64	9.05	6.05	5.73
Levered Free Cash Flow Margin	16.71	17.41	11.3	9.25	31.68
Unlevered Free Cash Flow Margin	18.25	18.53	12.51	11.9	33.22
Asset Turnover
Asset Turnover	0.47	0.52	0.51	0.45	0.39
Fixed Assets Turnover	8.26	9.69	10.29	11.4	11.54
Receivables Turnover (Average Receivables)	5.12	5.88	5.8	5.63	5.14
Inventory Turnover (Average Inventory)	4.23	4.62	3.88	4.25	5.54
Short Term Liquidity
Current Ratio	0.98	1.22	1.04	1	1.27
Quick Ratio	0.65	0.8	0.63	0.51	0.82
Operating Cash Flow to Current Liabilities	0.51	0.63	0.27	0.33	0.3
Days Sales Outstanding (Average Receivables)	71.04	61.94	62.78	64.68	72.14
Days Outstanding Inventory (Average Inventory)	86.09	78.77	93.93	85.61	67.02
Average Days Payable Outstanding	42.77	39.92	45.74	52.12	52.79
Cash Conversion Cycle (Average Days)	114.36	100.79	110.97	98.16	86.37
Long Term Solvency
Total Debt/Equity	46.97	36.75	40.99	71.5	26.72
Total Debt / Total Capital	31.96	26.87	29.07	41.69	21.09
LT Debt/Equity	38.92	35.86	32.72	59.07	26.35
Long-Term Debt / Total Capital	26.48	26.22	23.21	34.44	20.8
Total Liabilities / Total Assets	47.67	44.44	44.28	52.83	39.45
EBIT / Interest Expense	6.03	9.07	8.1	3.07	5.29
EBITDA / Interest Expense	9.27	12.64	11.23	4.94	8.36
(EBITDA - Capex) / Interest Expense	8.54	11.93	10.62	4.68	7.99
Total Debt / EBITDA	2.35	1.75	2.08	4.04	2.02
Net Debt / EBITDA	2.02	1.36	1.74	3.75	1.05
Total Debt / (EBITDA - Capex)	2.55	1.86	2.2	4.27	2.12
Net Debt / (EBITDA - Capex)	2.19	1.44	1.84	3.96	1.1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-3.57	16.25	0.47	3.33	-3.04
Gross Profit, 1 Yr. Growth %	-1.39	14.73	3.29	11.38	2.1
EBITDA, 1 Yr. Growth %	5.42	16.15	-3.34	4.28	-4.45
EBITA, 1 Yr. Growth %	5.73	16.92	-3.37	4.82	-3.95
EBIT, 1 Yr. Growth %	10.35	26.72	-2.98	-8.88	-2.95
Earnings From Cont. Operations, 1 Yr. Growth %	-24.08	26.16	-8.75	-30.78	383.26
Net Income, 1 Yr. Growth %	-24.19	26.37	-8.73	-30.78	383.26
Normalized Net Income, 1 Yr. Growth %	12.95	31.29	-5.73	-26.4	-14.3
Diluted EPS Before Extra, 1 Yr. Growth %	-23.65	25.16	-7.22	-30.56	387.2
Accounts Receivable, 1 Yr. Growth %	2.02	0.69	2.96	9.84	2.72
Inventory, 1 Yr. Growth %	-3.33	20.42	10.79	-41.44	-17.56
Net Property, Plant and Equip., 1 Yr. Growth %	-0.26	-1.71	-9.09	-4.03	-4.47
Total Assets, 1 Yr. Growth %	3.56	3.24	2.39	31.23	-0.53
Tangible Book Value, 1 Yr. Growth %	-30.69	-36.79	7.8	257.46	-88.48
Common Equity, 1 Yr. Growth %	15.32	9.67	2.67	11.11	27.67
Cash From Operations, 1 Yr. Growth %	14.87	11.68	-47.87	52.63	-11
Capital Expenditures, 1 Yr. Growth %	-17.68	-18.84	-6.29	-2.78	-20
Levered Free Cash Flow, 1 Yr. Growth %	13.3	21.1	-34.77	-11.06	232.06
Unlevered Free Cash Flow, 1 Yr. Growth %	11.39	18	-32.15	2.84	170.68
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.63	5.87	8.07	1.89	0.1
Gross Profit, 2 Yr. CAGR %	1.75	6.37	8.86	7.26	6.68
EBITDA, 2 Yr. CAGR %	6.79	10.65	5.96	-0.39	-0.05
EBITA, 2 Yr. CAGR %	6.87	11.18	6.29	-0.2	0.48
EBIT, 2 Yr. CAGR %	12.72	18.25	10.88	-6.94	-5.8
Earnings From Cont. Operations, 2 Yr. CAGR %	17.42	-2.13	7.3	-20.52	82.9
Net Income, 2 Yr. CAGR %	17.42	-2.12	7.4	-20.51	82.9
Normalized Net Income, 2 Yr. CAGR %	15.09	21.77	11.25	-17.72	-17.87
Diluted EPS Before Extra, 2 Yr. CAGR %	17.64	-2.24	7.76	-19.73	83.94
Accounts Receivable, 2 Yr. CAGR %	10.02	1.36	1.82	6.34	6.22
Inventory, 2 Yr. CAGR %	0.62	7.89	15.5	-19.45	-30.52
Net Property, Plant and Equip., 2 Yr. CAGR %	33.72	-0.99	-5.47	-6.59	-4.25
Total Assets, 2 Yr. CAGR %	9.11	3.4	2.81	15.92	14.25
Tangible Book Value, 2 Yr. CAGR %	-26.92	-33.81	-17.45	96.3	-35.83
Common Equity, 2 Yr. CAGR %	15.97	12.46	6.11	6.81	19.1
Cash From Operations, 2 Yr. CAGR %	17.5	13.27	-23.7	-10.8	16.55
Capital Expenditures, 2 Yr. CAGR %	-8.34	-18.26	-12.79	-4.55	-11.81
Levered Free Cash Flow, 2 Yr. CAGR %	11.81	17.14	-11.12	-24.91	72.11
Unlevered Free Cash Flow, 2 Yr. CAGR %	10.97	14.64	-10.53	-17.5	67.07
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.95	5.59	4.04	6.47	0.22
Gross Profit, 3 Yr. CAGR %	7.97	5.91	5.33	9.69	5.51
EBITDA, 3 Yr. CAGR %	14.82	9.82	5.78	3.84	-1.76
EBITA, 3 Yr. CAGR %	15.6	10.12	6.1	4.14	-1.46
EBIT, 3 Yr. CAGR %	22.23	17.2	10.7	1.86	-5.63
Earnings From Cont. Operations, 3 Yr. CAGR %	48.82	20.27	-4.39	-7.29	45.07
Net Income, 3 Yr. CAGR %	48.78	20.33	-4.38	-7.23	45.08
Normalized Net Income, 3 Yr. CAGR %	17.01	20.25	11.81	-5.08	-14.68
Diluted EPS Before Extra, 3 Yr. CAGR %	49.92	20.1	-3.93	-6.92	46.42
Accounts Receivable, 3 Yr. CAGR %	13.21	6.82	1.89	4.43	5.12
Inventory, 3 Yr. CAGR %	4.47	6.83	8.85	-7.9	-18.83
Net Property, Plant and Equip., 3 Yr. CAGR %	29.82	20.68	-3.76	-4.99	-5.89
Total Assets, 3 Yr. CAGR %	16.8	7.12	3.06	11.53	10.15
Tangible Book Value, 3 Yr. CAGR %	53.56	-30.37	-22.12	34.55	-23.72
Common Equity, 3 Yr. CAGR %	14.21	13.83	9.1	7.75	13.35
Cash From Operations, 3 Yr. CAGR %	16.07	15.53	-12.55	-3.86	-10.87
Capital Expenditures, 3 Yr. CAGR %	9.13	-11.98	-14.45	-9.57	-10.01
Levered Free Cash Flow, 3 Yr. CAGR %	18.85	14.83	-3.63	-12.58	23.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	20.42	13.27	-3.75	-7.68	22.59
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.57	9.15	6.79	4.09	2.44
Gross Profit, 5 Yr. CAGR %	7.38	9.89	8.33	6.45	5.85
EBITDA, 5 Yr. CAGR %	12.09	14.77	11.19	5.01	2.43
EBITA, 5 Yr. CAGR %	13.02	15.81	11.78	5.23	2.78
EBIT, 5 Yr. CAGR %	21.46	24.23	17.55	6.07	2.51
Earnings From Cont. Operations, 5 Yr. CAGR %	26.48	30.1	30.57	1.9	23.94
Net Income, 5 Yr. CAGR %	26.35	30.06	30.59	1.94	23.95
Normalized Net Income, 5 Yr. CAGR %	20.22	23.95	14.67	2.52	-2.38
Diluted EPS Before Extra, 5 Yr. CAGR %	26.95	30.12	31.37	2.22	24.57
Accounts Receivable, 5 Yr. CAGR %	11.39	11.98	8.51	6.63	3.6
Inventory, 5 Yr. CAGR %	2.93	10.67	8.75	-4.58	-9.04
Net Property, Plant and Equip., 5 Yr. CAGR %	19.05	21.01	14.35	8.93	-3.96
Total Assets, 5 Yr. CAGR %	13.32	14.08	10.99	10.55	7.4
Tangible Book Value, 5 Yr. CAGR %	18.12	38.9	19.8	5.4	-27.93
Common Equity, 5 Yr. CAGR %	10.14	11.34	10.9	10.97	13
Cash From Operations, 5 Yr. CAGR %	13.49	11.73	-1.86	4.17	-1.9
Capital Expenditures, 5 Yr. CAGR %	5.29	12.14	-0.23	-9.08	-13.4
Levered Free Cash Flow, 5 Yr. CAGR %	6.13	11.5	5.81	-3.54	20.24
Unlevered Free Cash Flow, 5 Yr. CAGR %	7.16	11.93	6.93	-0.63	18.86