Financials Trimble, Inc.

Equities

TRMB

US8962391004

Software

Market Closed - Nasdaq Other stock markets 16:00:00 2025-12-05 EST			5-day change	1st Jan Change
83.52 ^USD	+1.48%		+2.58%	+18.20%

12-05	Trimble announces share repurchase authorization	RE
12-05	Trimble Approves $1 Billion Share Buyback Program	MT

Projected Income Statement: Trimble, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	3,152	3,659	3,676	3,799	3,683	3,563	3,829	4,146
Change	-	16.09%	0.47%	3.33%	-3.04%	-3.25%	7.47%	8.26%
EBITDA ¹	798.7	936.9	917.3	1,010	1,000	1,027	1,107	1,225
Change	-	17.3%	-2.09%	10.07%	-0.92%	2.68%	7.72%	10.75%
EBIT ¹	719.6	857	841.5	934.7	937.2	972.2	1,065	1,183
Change	-	19.09%	-1.81%	11.08%	0.27%	3.74%	9.5%	11.1%
Interest Paid ¹	-77.6	-65.4	-71.1	-161	-90.7	-74.55	-75.07	-65.8
Earnings before Tax (EBT) ¹	395	574.6	569.1	357	2,006	507.5	602	686.8
Change	-	45.47%	-0.96%	-37.27%	461.88%	-74.7%	18.63%	14.08%
Net income ¹	389.9	492.7	449.7	311.3	1,504	421.3	546.7	652.8
Change	-	26.37%	-8.73%	-30.78%	383.26%	-72%	29.77%	19.39%
Announcement Date	2/10/21	2/9/22	2/8/23	2/12/24	2/19/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: January	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	830	886.7	945.3	901.4	926	993.7	941.2	884.9	856.5	915.4	993.6	957.3	932.4	953.3	870.8	875.8	983.4	840.6	875.7	901.2	948.3	892.3	942.1	980.6	1,014	910.2	985.8	1,036
Change	-	6.83%	6.61%	-4.64%	2.73%	7.31%	-5.28%	-5.98%	-3.21%	6.88%	8.54%	-3.65%	-2.6%	2.24%	-8.65%	0.57%	12.29%	-14.52%	4.18%	2.91%	5.23%	-5.91%	5.58%	4.09%	3.38%	-10.21%	8.3%	5.07%
EBITDA ¹	216.5	231.3	249.3	233.4	222.9	253.3	227.5	228.1	208.4	248.8	251.5	268.2	241.2	250.9	214	237.4	298.1	212.1	239.9	269.4	309.5	234.2	260.2	283.9	326.8	267.1	288.1	312.9
Change	-	6.84%	7.78%	-6.38%	-4.5%	13.64%	-10.19%	0.26%	-8.64%	19.39%	1.09%	6.64%	-10.07%	4.02%	-14.71%	10.93%	25.57%	-28.85%	13.11%	12.3%	14.9%	-24.34%	11.11%	9.1%	15.11%	-18.26%	7.85%	8.62%
EBIT ¹	196.7	209.2	228.6	214.7	204.5	233.1	210.7	209.9	187.8	226.1	231	251	226.6	234.4	194.4	224.8	283.6	198.2	222.6	254.2	296.3	225.4	253.8	275.8	309.6	-	-	-
Change	-	6.35%	9.27%	-6.08%	-4.75%	13.99%	-9.61%	-0.38%	-10.53%	20.39%	2.17%	8.66%	-9.72%	3.44%	-17.06%	15.64%	26.16%	-30.11%	12.31%	14.2%	16.58%	-23.93%	12.61%	8.65%	12.26%	-	-	-
Charge d'intérêts ¹	-17.9	-16.9	-16.6	-15.9	-16	-16	-15.3	-15.6	-24.2	-19.7	-46.7	-46.8	-47.8	-45.2	-18.1	-14.1	-13.3	-15.6	-19.4	-20.7	-18.73	-18.57	-18.47	-18.63	-18.37	-18	-17.9	-17.8
Earnings before Tax (EBT) ¹	128.3	137.4	162.4	156.7	118.1	138.5	221.6	117.9	91.1	160.6	57.5	79.4	59.5	73	1,762	73.1	97.8	86.4	113.3	125.1	182.7	105.6	124.2	146.4	225.7	139.4	161.4	182.1
Change	-	7.09%	18.2%	-3.51%	-24.63%	17.27%	60%	-46.8%	-22.73%	76.29%	-64.2%	38.09%	-25.06%	22.69%	2,313.7%	-95.85%	33.79%	-11.66%	31.13%	10.41%	46.03%	-42.17%	17.55%	17.89%	54.2%	-38.23%	15.71%	12.87%
Net income ¹	180.3	114.5	138.9	124	115.3	110.3	168	85.8	85.6	128.8	44.6	74.9	63	57.2	1,316	40.6	90.2	66.7	89.2	111.5	152.5	108	131.6	144.6	178.5	114.3	132.3	149.3
Change	-	-36.49%	21.31%	-10.73%	-7.02%	-4.34%	52.31%	-48.93%	-0.23%	50.47%	-65.37%	67.94%	-15.89%	-9.21%	2,201.4%	-96.92%	122.17%	-26.05%	33.73%	25%	36.75%	-29.18%	21.83%	9.9%	23.44%	-35.93%	15.71%	12.87%
Announcement Date	2/10/21	5/5/21	8/4/21	11/3/21	2/9/22	5/5/22	8/5/22	11/2/22	2/8/23	5/3/23	8/3/23	11/1/23	2/12/24	5/3/24	8/6/24	11/6/24	2/19/25	5/7/25	8/6/25	11/5/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Trimble, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	1,310	968	1,249	2,837	652	895	482	74
Change	-	-26.11%	29.03%	127.14%	-77.02%	37.31%	-46.15%	-84.65%
Announcement Date	2/10/21	2/9/22	2/8/23	2/12/24	2/19/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Trimble, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	56.8	46.1	43.2	42	33.6	31.76	41.71	45.2
Change	-	-18.84%	-6.29%	-2.78%	-20%	-5.48%	31.35%	8.36%
Free Cash Flow (FCF) ¹	615.2	704.4	348	555.1	497.8	474	811	1,009
Change	-	14.5%	-50.6%	59.51%	-10.32%	-4.79%	71.11%	24.42%
Announcement Date	2/10/21	2/9/22	2/8/23	2/12/24	2/19/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Trimble, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	25.34%	25.6%	24.95%	26.58%	27.16%	28.83%	28.9%	29.56%
EBIT Margin (%)	22.83%	23.42%	22.89%	24.61%	25.44%	27.28%	27.8%	28.53%
EBT Margin (%)	12.53%	15.7%	15.48%	9.4%	54.46%	14.24%	15.72%	16.57%
Net margin (%)	12.37%	13.47%	12.23%	8.19%	40.84%	11.82%	14.28%	15.75%
FCF margin (%)	19.52%	19.25%	9.47%	14.61%	13.52%	13.3%	21.18%	24.34%
FCF / Net Income (%)	157.78%	142.97%	77.38%	178.32%	33.09%	112.5%	148.34%	154.58%
Profitability
ROA	-	7.05%	9.19%	7.9%	7.4%	8%	8.9%	9.6%
ROE	16.75%	13.07%	16.52%	15.52%	13.75%	15.55%	13.7%	14.5%
Financial Health
Leverage (Debt/EBITDA)	1.64x	1.03x	1.36x	2.81x	0.65x	0.87x	0.44x	0.06x
Debt / Free cash flow	2.13x	1.37x	3.59x	5.11x	1.31x	1.89x	0.59x	0.07x
Capital Intensity
CAPEX / Current Assets (%)	1.8%	1.26%	1.18%	1.11%	0.91%	0.89%	1.09%	1.09%
CAPEX / EBITDA (%)	7.11%	4.92%	4.71%	4.16%	3.36%	3.09%	3.77%	3.69%
CAPEX / FCF (%)	9.23%	6.54%	12.41%	7.57%	6.75%	6.7%	5.14%	4.48%
Items per share
Cash flow per share ¹	2.664	2.951	-	-	-	-	-	-
Change	-	10.8%	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	14.26	15.51	16.19	18.15	23.4	24.48	26.58	29.03
Change	-	8.81%	4.36%	12.14%	28.92%	4.6%	8.58%	9.22%
EPS ¹	1.55	1.94	1.8	1.25	6.09	1.75	2.33	2.858
Change	-	25.16%	-7.22%	-30.56%	387.2%	-71.26%	33.14%	22.66%
Nbr of stocks (in thousands)	250,176	251,008	246,625	248,768	244,208	237,921	237,921	237,921
Announcement Date	2/10/21	2/9/22	2/8/23	2/12/24	2/19/25	-	-	-