Trimble Inc.TRMB
NasdaqGS•Technology•Scientific & Technical Instruments
Trimble Inc. offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally. The company provides architecture and interior design; building information modeling, engineering, and virtual design and construction; and construction and owner software products. It also offers field and office software for estimating and job cost management, and project design and visualization; software for 3D design and data sharing; systems to guide and control construction equipment, such as excavators, bulldozers, wheel loaders, motor graders, and paving equipment; systems to monitor, track, and manage assets, equipment, and workers; and software to facilitate the management of the construction process and for sharing and communication of data in real time. In addition, it provides positioning services comprising VRSNow; CenterPoint RTX; FieldPoint RTX; Rangepoint RTX; ViewPoint RTX; and Trimble xFill services. Further, it offers transportation and logistics solutions for shippers, carriers, retailers, and intermediaries, such as carrier transportation management software (TMS) and maintenance solutions to manage core transportation operations and maintenance workflows; transporeon solutions to provide a cloud-based ecosystem that manages the transportation lifecycle from freight sourcing and procurement through transport execution, dock and yard management, and auditing; and MAPS, a mapping and routing solutions that provide the industry standard for truck-specific routing, mileage, and navigation. It sells its technology solutions directly to end users and through software integrations. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado.
as of April 2026
Are revenues and earnings expanding?
$3.69B in TTM revenue grew 3.2% YoY, reaching $939.90M last quarter. TTM EBITDA of $839.40M on operating income of $144.00M shows growth is flowing through. Net income of $456.20M TTM confirms the company is converting revenue into profit. Revenue is growing modestly — monitor for acceleration or deceleration.
Is revenue turning into profit effectively?
Op. margin of 15.3% is up 3.7% YoY — cost efficiency is improving. Net margin at 10.5% and gross margin of 68.8%. ROE of 8.1% shows the company generates solid returns on shareholder equity.
Is the stock cheap or expensive?
At 25.3x P/E, the stock trades in line with market averages — fairly valued. P/S of 3.1x and P/B of 2.0x provide additional context. Assess whether the current multiple is justified by the company's growth and profitability trajectory.
Is the company financially stable?
With $8.99B in assets and $1.40B in long-term debt, the D/E of 0.2 shows a conservative capital structure — the company has a strong financial cushion to weather downturns.
Is the business self-funding?
FCF of $268.60M on $274.70M in operating cash flow. The FCF / Net Income ratio of 0.6x indicates partial cash conversion — earnings quality needs attention. Cash reserves of $234.10M provide financial flexibility. Shares outstanding declined 3.6% YoY — buybacks are returning capital to shareholders.
Competitive analysis based on 64 quarters of fundamental data
Operating margins are expanding at ~14.8%, suggesting durable pricing power and cost discipline.
ROE averages 16.6% but has fluctuated — the competitive advantage may be cyclical or emerging.
Data-driven red flags and warnings across 64 quarters
Margins are stable or improving at ~17.2% — no sign of cost or pricing stress.
FCF covers net income by 1.2x on average — earnings are well-supported by cash generation.
D/E ratio is 0.2 — conservative capital structure with low financial risk.
Revenue has softened, declining in 3 quarters. Monitor for further erosion.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 4.3% — net buybacks are reducing shares outstanding and boosting per-share value.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.