TRMB · Trimble Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · TRMB

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$3.59B	$3.68B	$3.80B	$3.68B	$3.66B	$3.27B
Cost of Revenue	$1.11B	$1.29B	$1.47B	$1.57B	$1.62B	$1.39B
Gross Profit	$2.48B	$2.40B	$2.33B	$2.11B	$2.03B	$1.75B
R&D	$630.70M	$662.30M	$664.30M	$542.10M	$536.60M	$475.90M
SG&A	$483.10M	$547.90M	$487.50M	$422.20M	$369.10M	$300.90M
Total Operating Expenses	$1.89B	$1.94B	$1.88B	$1.59B	$1.47B	$1.34B
D&A	$199.90M	$232.00M	$38.30M	$40.20M	$41.30M	$39.70M
Operating Income	$592.00M	$460.70M	$448.80M	$510.90M	$561.00M	$419.80M
Interest Expense	$90.70M	-	-	-	-	-
Income Tax	$85.40M	$501.50M	$45.70M	$119.40M	$81.80M	$4.40M
Net Income	$424.00M	$1.50B	$311.30M	$449.70M	$492.70M	$389.90M
EPS - Basic	$1.77	$6.13	$1.26	$1.81	$1.96	$1.56
EPS - Diluted	$1.76	$6.09	$1.25	$1.80	$1.94	$1.55

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$253.40M	$738.80M	$229.80M	$271.00M	$325.70M	$237.70M
Accounts Receivable	$856.00M	$725.80M	$706.60M	$643.30M	$624.80M	$620.50M
Inventory	$186.30M	$194.30M	$235.70M	$402.50M	$363.30M	$301.70M
Accounts Payable	$168.30M	$161.60M	$165.30M	$175.50M	$207.30M	$143.20M
Current Assets	$1.63B	$2.27B	$1.83B	$1.52B	$1.45B	$1.28B
Total Assets	$9.31B	$9.49B	$9.54B	$7.27B	$7.10B	$6.88B
Current Liabilities	$1.50B	$1.79B	$1.83B	$1.46B	$1.19B	$1.31B
Long-term Debt	$1.39B	$1.39B	$2.54B	$1.22B	$1.29B	$1.29B
Total Liabilities	$3.48B	$3.74B	$5.04B	$3.22B	$3.15B	$3.28B
Stockholders' Equity	$5.84B	$5.75B	$4.50B	$4.05B	$3.94B	$3.60B
Retained Earnings	$3.39B	$3.76B	$2.44B	$2.23B	$2.17B	$1.89B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$386.20M	$531.40M	$597.10M	$391.20M	$750.50M	$672.00M
Investing Cash Flow	($37.00M)	$1.86B	($2.07B)	($226.30M)	($203.50M)	($231.80M)
Financing Cash Flow	($868.40M)	($1.86B)	$1.43B	($199.00M)	($447.70M)	($400.30M)
CapEx	$25.30M	$33.60M	$42.00M	$43.20M	$46.10M	$56.80M
Free Cash Flow	$360.90M	$497.80M	$555.10M	$348.00M	$704.40M	$615.20M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	69.1%	65.1%	61.4%	57.3%	55.6%	53.6%
Operating margin	16.5%	12.5%	11.8%	13.9%	15.3%	12.8%
EBITDA margin	22.1%	18.8%	12.8%	15.0%	16.5%	14.0%
Net margin	11.8%	40.8%	8.2%	12.2%	13.5%	11.9%
Free cash flow margin	10.1%	13.5%	14.6%	9.5%	19.2%	18.8%
FCF / Net income	0.85	0.33	1.78	0.77	1.43	1.58
R&D / Revenue	17.6%	18.0%	17.5%	14.7%	14.7%	14.5%
SG&A / Revenue	13.5%	14.9%	12.8%	11.5%	10.1%	9.2%
Effective tax rate	16.8%	25.0%	12.8%	21.0%	14.2%	1.1%
Return on assets	4.6%	15.9%	3.3%	6.2%	6.9%	5.7%
Return on equity	7.3%	26.2%	6.9%	11.1%	12.5%	10.8%
Return on invested capital	6.8%	4.8%	5.6%	7.7%	9.2%	8.5%
Liquidity
Current ratio	1.09	1.27	1.00	1.04	1.22	0.98
Quick ratio	0.96	1.16	0.87	0.76	0.91	0.75
Cash ratio	0.17	0.41	0.13	0.19	0.27	0.18
Leverage
Debt / Equity	0.24	0.24	0.56	0.30	0.33	0.36
Debt / Assets	0.15	0.15	0.27	0.17	0.18	0.19
Debt / EBITDA	1.76	2.01	5.21	2.21	2.15	2.81
Interest coverage	6.5x	-	-	-	-	-
Equity multiplier	1.60	1.65	2.12	1.79	1.80	1.91
Liabilities / Assets	0.37	0.39	0.53	0.44	0.44	0.48
Efficiency
Asset turnover	0.39	0.39	0.40	0.51	0.52	0.48
Inventory turnover	5.95	6.62	6.22	3.90	4.47	4.62
Days sales outstanding	87d	72d	68d	64d	62d	69d
Days inventory outstanding	61d	55d	59d	94d	82d	79d
Days payable outstanding	55d	46d	41d	41d	47d	38d
Cash conversion cycle	93d	81d	85d	117d	97d	111d
Valuation
P / E	44.5x	11.6x	42.6x	28.1x	44.9x	43.1x
P / B	3.2x	3.0x	2.9x	3.1x	5.6x	4.7x
P / S	5.3x	4.7x	3.5x	3.4x	6.1x	5.1x
EV / EBITDA	25.3x	26.1x	31.9x	24.7x	38.4x	39.0x
Growth
Revenue growth (YoY)	-2.6%	-3.0%	3.3%	0.5%	11.9%	0.2%
Revenue CAGR (3y)	-0.8%	0.2%	5.1%	4.0%	11.4%	7.2%
Revenue CAGR (5y)	1.9%	2.4%	7.5%	6.7%	9.1%	7.4%
Gross profit growth (YoY)	3.4%	2.7%	10.8%	3.5%	15.9%	-1.5%
Operating income growth (YoY)	28.5%	2.7%	-12.2%	-8.9%	33.6%	11.7%
Net income growth (YoY)	-71.8%	383.3%	-30.8%	-8.7%	26.4%	-24.2%
EPS growth (YoY)	-71.1%	387.2%	-30.6%	-7.2%	25.2%	-23.6%
EPS CAGR (3y)	-0.7%	46.4%	-6.9%	-3.9%	20.1%	48.8%
EPS CAGR (5y)	2.6%	24.6%	2.2%	30.8%	30.1%	27.0%
FCF growth (YoY)	-27.5%	-10.3%	59.5%	-50.6%	14.5%	19.2%
FCF CAGR (5y)	-10.1%	-0.7%	5.8%	-1.1%	13.1%	10.7%
Book value growth (YoY)	1.6%	27.7%	11.1%	2.7%	9.7%	15.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2026-01-02.

Business segments

$3.59B total

Field Systems Segment$1.54B · 42.9%

Architects Engineers Construction And Owners Segment$1.50B · 41.8%

Transportation And Logistics Segment$549.20M · 15.3%

Product / service

$3.59B total

Subscription And Services$2.45B · 68.4%

Product$1.14B · 31.6%

Geographic

$3.40B total

US$1.91B · 56.0%

North America$935.70M · 27.5%

Europe$392.10M · 11.5%

Asia Pacific$135.10M · 4.0%

Restof World$35.70M · 1.0%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.61

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✗Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
✓No share dilution
✓Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Measuring & Controlling Devices, NEC

Company	Revenue (last FY)	Net margin	ROE
TMO	$44.56B	14.2%	11.9%
ROK	-	-	-
MIR	$925.40M	3.1%	1.5%
ONTO	$1.01B	13.6%	6.5%
MASS	$56.20M	34.7%	13.6%

Comparing TRIMBLE INC. against the 5 most active filers in the same SIC group.