TRIMBLE INC (TRMB) Fundamental Analysis & Valuation

NASDAQ:TRMB • US8962391004

69.16 USD
+0.75 (+1.1%)
At close: Mar 3, 2026
68.75 USD
-0.41 (-0.59%)
After Hours: 3/3/2026, 8:00:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This TRMB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to TRMB. TRMB was compared to 276 industry peers in the Software industry. While TRMB has a great profitability rating, there are some minor concerns on its financial health. TRMB is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. TRMB Profitability Analysis

1.1 Basic Checks

  • TRMB had positive earnings in the past year.
  • In the past year TRMB had a positive cash flow from operations.
  • TRMB had positive earnings in each of the past 5 years.
  • TRMB had a positive operating cash flow in each of the past 5 years.
TRMB Yearly Net Income VS EBIT VS OCF VS FCFTRMB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

1.2 Ratios

  • TRMB has a better Return On Assets (4.55%) than 72.46% of its industry peers.
  • The Return On Equity of TRMB (7.27%) is better than 69.57% of its industry peers.
  • TRMB has a Return On Invested Capital of 6.19%. This is in the better half of the industry: TRMB outperforms 76.09% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TRMB is significantly below the industry average of 10.79%.
  • The last Return On Invested Capital (6.19%) for TRMB is above the 3 year average (5.39%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.55%
ROE 7.27%
ROIC 6.19%
ROA(3y)7.89%
ROA(5y)7.36%
ROE(3y)13.46%
ROE(5y)12.79%
ROIC(3y)5.39%
ROIC(5y)6.24%
TRMB Yearly ROA, ROE, ROICTRMB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • TRMB has a better Profit Margin (11.82%) than 74.28% of its industry peers.
  • TRMB's Profit Margin has been stable in the last couple of years.
  • TRMB has a Operating Margin of 17.04%. This is amongst the best in the industry. TRMB outperforms 85.14% of its industry peers.
  • In the last couple of years the Operating Margin of TRMB has grown nicely.
  • The Gross Margin of TRMB (69.07%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of TRMB has grown nicely.
Industry RankSector Rank
OM 17.04%
PM (TTM) 11.82%
GM 69.07%
OM growth 3Y5%
OM growth 5Y3.78%
PM growth 3Y-1.14%
PM growth 5Y-0.93%
GM growth 3Y6.44%
GM growth 5Y4.38%
TRMB Yearly Profit, Operating, Gross MarginsTRMB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. TRMB Health Analysis

2.1 Basic Checks

  • TRMB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, TRMB has less shares outstanding
  • The number of shares outstanding for TRMB has been reduced compared to 5 years ago.
  • Compared to 1 year ago, TRMB has a worse debt to assets ratio.
TRMB Yearly Shares OutstandingTRMB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
TRMB Yearly Total Debt VS Total AssetsTRMB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 3.97 indicates that TRMB is not in any danger for bankruptcy at the moment.
  • TRMB has a better Altman-Z score (3.97) than 72.83% of its industry peers.
  • The Debt to FCF ratio of TRMB is 3.86, which is a good value as it means it would take TRMB, 3.86 years of fcf income to pay off all of its debts.
  • TRMB's Debt to FCF ratio of 3.86 is fine compared to the rest of the industry. TRMB outperforms 60.14% of its industry peers.
  • A Debt/Equity ratio of 0.24 indicates that TRMB is not too dependend on debt financing.
  • TRMB has a Debt to Equity ratio of 0.24. This is comparable to the rest of the industry: TRMB outperforms 42.39% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 3.86
Altman-Z 3.97
ROIC/WACC0.58
WACC10.77%
TRMB Yearly LT Debt VS Equity VS FCFTRMB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.3 Liquidity

  • A Current Ratio of 1.09 indicates that TRMB should not have too much problems paying its short term obligations.
  • TRMB has a worse Current ratio (1.09) than 71.74% of its industry peers.
  • A Quick Ratio of 0.96 indicates that TRMB may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.96, TRMB is not doing good in the industry: 76.09% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.09
Quick Ratio 0.96
TRMB Yearly Current Assets VS Current LiabilitesTRMB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. TRMB Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 9.82% over the past year.
  • TRMB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.11% yearly.
  • The Revenue has decreased by -2.61% in the past year.
  • TRMB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.65% yearly.
EPS 1Y (TTM)9.82%
EPS 3Y5.97%
EPS 5Y7.11%
EPS Q2Q%12.36%
Revenue 1Y (TTM)-2.61%
Revenue growth 3Y-0.81%
Revenue growth 5Y2.65%
Sales Q2Q%-1.38%

3.2 Future

  • The Earnings Per Share is expected to grow by 14.97% on average over the next years. This is quite good.
  • Based on estimates for the next years, TRMB will show a quite strong growth in Revenue. The Revenue will grow by 8.62% on average per year.
EPS Next Y12.65%
EPS Next 2Y13.97%
EPS Next 3Y14.97%
EPS Next 5YN/A
Revenue Next Year8%
Revenue Next 2Y8.03%
Revenue Next 3Y8.62%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
TRMB Yearly Revenue VS EstimatesTRMB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
TRMB Yearly EPS VS EstimatesTRMB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4

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Find the best growth stocksShow best growing peers

4

4. TRMB Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 22.10 indicates a rather expensive valuation of TRMB.
  • TRMB's Price/Earnings ratio is a bit cheaper when compared to the industry. TRMB is cheaper than 67.75% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.83, TRMB is valued at the same level.
  • The Price/Forward Earnings ratio is 19.61, which indicates a rather expensive current valuation of TRMB.
  • Based on the Price/Forward Earnings ratio, TRMB is valued a bit cheaper than 66.30% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of TRMB to the average of the S&P500 Index (24.95), we can say TRMB is valued slightly cheaper.
Industry RankSector Rank
PE 22.1
Fwd PE 19.61
TRMB Price Earnings VS Forward Price EarningsTRMB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • TRMB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TRMB is cheaper than 73.55% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TRMB is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 45.59
EV/EBITDA 21.69
TRMB Per share dataTRMB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of TRMB may justify a higher PE ratio.
  • A more expensive valuation may be justified as TRMB's earnings are expected to grow with 14.97% in the coming years.
PEG (NY)1.75
PEG (5Y)3.11
EPS Next 2Y13.97%
EPS Next 3Y14.97%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. TRMB Dividend Analysis

5.1 Amount

  • TRMB does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

TRMB Fundamentals: All Metrics, Ratios and Statistics

TRIMBLE INC

NASDAQ:TRMB (3/3/2026, 8:00:01 PM)

After market: 68.75 -0.41 (-0.59%)

69.16

+0.75 (+1.1%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-10
Earnings (Next)05-05
Inst Owners100.89%
Inst Owner Change-2.19%
Ins Owners0.2%
Ins Owner Change-7.06%
Market Cap16.45B
Revenue(TTM)3.59B
Net Income(TTM)424.00M
Analysts86.67
Price Target93.23 (34.8%)
Short Float %2.01%
Short Ratio2.36
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.25%
Min EPS beat(2)1.93%
Max EPS beat(2)10.57%
EPS beat(4)4
Avg EPS beat(4)6.51%
Min EPS beat(4)1.93%
Max EPS beat(4)11.33%
EPS beat(8)7
Avg EPS beat(8)5.2%
EPS beat(12)11
Avg EPS beat(12)5.79%
EPS beat(16)13
Avg EPS beat(16)4.41%
Revenue beat(2)1
Avg Revenue beat(2)0.76%
Min Revenue beat(2)0%
Max Revenue beat(2)1.52%
Revenue beat(4)3
Avg Revenue beat(4)1.51%
Min Revenue beat(4)0%
Max Revenue beat(4)2.9%
Revenue beat(8)5
Avg Revenue beat(8)1.11%
Revenue beat(12)6
Avg Revenue beat(12)0.24%
Revenue beat(16)7
Avg Revenue beat(16)-0.4%
PT rev (1m)-6.25%
PT rev (3m)-5.58%
EPS NQ rev (1m)-0.55%
EPS NQ rev (3m)-0.39%
EPS NY rev (1m)0.16%
EPS NY rev (3m)3.07%
Revenue NQ rev (1m)1.36%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0.59%
Revenue NY rev (3m)2.34%
Valuation
Industry RankSector Rank
PE 22.1
Fwd PE 19.61
P/S 4.59
P/FCF 45.59
P/OCF 42.61
P/B 2.82
P/tB N/A
EV/EBITDA 21.69
EPS(TTM)3.13
EY4.53%
EPS(NY)3.53
Fwd EY5.1%
FCF(TTM)1.52
FCFY2.19%
OCF(TTM)1.62
OCFY2.35%
SpS15.08
BVpS24.53
TBVpS-1.38
PEG (NY)1.75
PEG (5Y)3.11
Graham Number41.56
Profitability
Industry RankSector Rank
ROA 4.55%
ROE 7.27%
ROCE 7.83%
ROIC 6.19%
ROICexc 6.4%
ROICexgc 34.76%
OM 17.04%
PM (TTM) 11.82%
GM 69.07%
FCFM 10.06%
ROA(3y)7.89%
ROA(5y)7.36%
ROE(3y)13.46%
ROE(5y)12.79%
ROIC(3y)5.39%
ROIC(5y)6.24%
ROICexc(3y)5.68%
ROICexc(5y)6.57%
ROICexgc(3y)39.19%
ROICexgc(5y)41.27%
ROCE(3y)6.81%
ROCE(5y)7.88%
ROICexgc growth 3Y-9.93%
ROICexgc growth 5Y-2.99%
ROICexc growth 3Y-6.11%
ROICexc growth 5Y-0.66%
OM growth 3Y5%
OM growth 5Y3.78%
PM growth 3Y-1.14%
PM growth 5Y-0.93%
GM growth 3Y6.44%
GM growth 5Y4.38%
F-Score4
Asset Turnover0.39
Health
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 3.86
Debt/EBITDA 1.72
Cap/Depr 12.66%
Cap/Sales 0.71%
Interest Coverage 250
Cash Conversion 47.61%
Profit Quality 85.12%
Current Ratio 1.09
Quick Ratio 0.96
Altman-Z 3.97
F-Score4
WACC10.77%
ROIC/WACC0.58
Cap/Depr(3y)14.63%
Cap/Depr(5y)18.93%
Cap/Sales(3y)0.91%
Cap/Sales(5y)1.03%
Profit Quality(3y)98.84%
Profit Quality(5y)103.38%
High Growth Momentum
Growth
EPS 1Y (TTM)9.82%
EPS 3Y5.97%
EPS 5Y7.11%
EPS Q2Q%12.36%
EPS Next Y12.65%
EPS Next 2Y13.97%
EPS Next 3Y14.97%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.61%
Revenue growth 3Y-0.81%
Revenue growth 5Y2.65%
Sales Q2Q%-1.38%
Revenue Next Year8%
Revenue Next 2Y8.03%
Revenue Next 3Y8.62%
Revenue Next 5YN/A
EBIT growth 1Y28.26%
EBIT growth 3Y4.15%
EBIT growth 5Y6.53%
EBIT Next Year14.05%
EBIT Next 3Y8.56%
EBIT Next 5YN/A
FCF growth 1Y-27.5%
FCF growth 3Y1.22%
FCF growth 5Y-10.12%
OCF growth 1Y-27.32%
OCF growth 3Y-0.43%
OCF growth 5Y-10.49%

TRIMBLE INC / TRMB FAQ

Can you provide the ChartMill fundamental rating for TRIMBLE INC?

ChartMill assigns a fundamental rating of 5 / 10 to TRMB.


What is the valuation status for TRMB stock?

ChartMill assigns a valuation rating of 4 / 10 to TRIMBLE INC (TRMB). This can be considered as Fairly Valued.


What is the profitability of TRMB stock?

TRIMBLE INC (TRMB) has a profitability rating of 7 / 10.


How financially healthy is TRIMBLE INC?

The financial health rating of TRIMBLE INC (TRMB) is 5 / 10.


What is the earnings growth outlook for TRIMBLE INC?

The Earnings per Share (EPS) of TRIMBLE INC (TRMB) is expected to grow by 12.65% in the next year.