Trimble Inc. (TRMB) Financial Ratios
30 years of historical data (1996–2025) · Technology · Hardware, Equipment & Parts
EV/EBITDA
↓
20.61
↓-19% vs avg
5yr avg: 25.34
30Y Low8.9·High31.4
P/FCF
↑
113.28
↑+112% vs avg
5yr avg: 53.55
30Y Low13.0·High141.0
P/B Ratio
↓
2.61
↓-27% vs avg
5yr avg: 3.59
30Y Low1.8·High5.6
ROE
↓
7.3%
↑-46% vs avg
5yr avg: 13.7%
30Y Low-50%·High29%
Debt/EBITDA
↓
1.77
↓-31% vs avg
5yr avg: 2.56
30Y Low0.0·High5.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TRMB Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Trimble Inc. trades at 36.2x earnings, 5% above its 5-year average of 34.4x, sitting at the 52nd percentile of its historical range. Compared to the Technology sector median P/E of 27.2x, the stock trades at a premium of 33%. On a free-cash-flow basis, the stock trades at 113.3x P/FCF, 112% above the 5-year average of 53.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.1B | $18.8B | $17.4B | $13.3B | $12.7B | $22.2B | $16.8B | $10.5B | $8.3B | $10.4B | $7.7B |
| Enterprise Value | $16.2B | $19.9B | $18.2B | $16.2B | $14.0B | $23.3B | $18.3B | $12.3B | $10.1B | $11.0B | $8.1B |
| P/E Ratio → | 36.24 | 44.76 | 11.59 | 42.56 | 28.09 | 44.94 | 43.08 | 20.54 | 29.38 | 86.47 | 57.98 |
| P/S Ratio | 4.21 | 5.24 | 4.74 | 3.49 | 3.44 | 6.06 | 5.35 | 3.23 | 2.68 | 3.93 | 3.24 |
| P/B Ratio | 2.61 | 3.22 | 3.04 | 2.94 | 3.12 | 5.62 | 4.68 | 3.38 | 3.12 | 4.41 | 3.32 |
| P/FCF | 113.28 | 141.02 | 35.04 | 23.87 | 36.35 | 31.48 | 27.38 | 20.43 | 19.90 | 28.33 | 20.10 |
| P/OCF | 39.07 | 48.64 | 32.83 | 22.19 | 32.34 | 29.54 | 25.07 | 18.02 | 17.13 | 25.33 | 18.80 |
P/E links to full P/E history page with 30-year chart
TRMB EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Trimble Inc.'s enterprise value stands at 20.6x EBITDA, 19% below its 5-year average of 25.3x. The Technology sector median is 17.3x, placing the stock at a 19% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.55 | 4.95 | 4.27 | 3.81 | 6.36 | 5.80 | 3.77 | 3.26 | 4.14 | 3.41 |
| EV / EBITDA | 20.61 | 25.30 | 26.30 | 23.18 | 20.51 | 31.40 | 28.53 | 21.11 | 18.12 | 24.38 | 21.85 |
| EV / EBIT | 26.71 | 34.13 | 8.69 | 31.30 | 24.33 | 36.35 | 38.65 | 28.82 | 28.86 | 40.19 | 39.90 |
| EV / FCF | — | 149.57 | 36.60 | 29.20 | 40.24 | 33.02 | 29.69 | 23.86 | 24.18 | 29.84 | 21.16 |
TRMB Profitability
Margins and return-on-capital ratios measuring operating efficiency
Trimble Inc. earns an operating margin of 16.9%. Operating margins have expanded from 11.8% to 16.9% over the past 3 years, signaling improving operational efficiency. ROE of 7.3% is modest. ROIC of 6.8% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 68.3% | 68.3% | 65.1% | 61.4% | 57.3% | 55.6% | 55.8% | 54.6% | 54.1% | 52.5% | 52.4% |
| Operating Margin | 16.9% | 16.9% | 12.5% | 11.8% | 13.9% | 15.3% | 13.3% | 11.5% | 10.3% | 9.3% | 7.7% |
| Net Profit Margin | 11.8% | 11.8% | 40.8% | 8.2% | 12.2% | 13.5% | 12.4% | 15.8% | 9.1% | 4.6% | 5.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.3% | 7.3% | 29.4% | 7.3% | 11.2% | 13.1% | 11.6% | 17.7% | 11.2% | 5.2% | 5.9% |
| ROA | 4.5% | 4.5% | 15.8% | 3.7% | 6.3% | 7.1% | 5.8% | 8.3% | 5.6% | 3.0% | 3.6% |
| ROIC | 6.8% | 6.8% | 4.9% | 5.2% | 7.3% | 8.4% | 6.4% | 6.0% | 6.5% | 6.6% | 4.9% |
| ROCE | 7.8% | 7.8% | 6.0% | 6.6% | 8.7% | 9.8% | 7.6% | 7.4% | 7.8% | 7.6% | 6.0% |
TRMB Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Trimble Inc. carries a Debt/EBITDA ratio of 1.8x, which is manageable (39% below the sector average of 2.9x). Net debt stands at $1.1B ($1.4B total debt minus $253M cash). Interest coverage of 7.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.24 | 0.24 | 0.26 | 0.71 | 0.40 | 0.36 | 0.46 | 0.63 | 0.74 | 0.39 | 0.27 |
| Debt / EBITDA | 1.77 | 1.77 | 2.19 | 4.56 | 2.38 | 1.91 | 2.59 | 3.36 | 3.52 | 2.03 | 1.68 |
| Net Debt / Equity | — | 0.20 | 0.13 | 0.66 | 0.33 | 0.28 | 0.39 | 0.57 | 0.67 | 0.23 | 0.18 |
| Net Debt / EBITDA | 1.45 | 1.45 | 1.12 | 4.23 | 1.98 | 1.47 | 2.22 | 3.03 | 3.21 | 1.23 | 1.09 |
| Debt / FCF | — | 8.55 | 1.56 | 5.33 | 3.89 | 1.55 | 2.31 | 3.43 | 4.29 | 1.51 | 1.06 |
| Interest Coverage | 7.85 | 7.85 | 23.12 | 3.22 | 8.10 | 9.79 | 6.09 | 5.18 | 4.80 | 10.94 | 7.80 |
TRMB Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.09x means Trimble Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.00x to 1.09x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.09 | 1.09 | 1.27 | 1.00 | 1.04 | 1.22 | 0.98 | 1.02 | 1.03 | 1.63 | 1.42 |
| Quick Ratio | 0.96 | 0.96 | 1.16 | 0.87 | 0.76 | 0.91 | 0.75 | 0.76 | 0.75 | 1.29 | 1.10 |
| Cash Ratio | 0.17 | 0.17 | 0.41 | 0.13 | 0.19 | 0.27 | 0.18 | 0.16 | 0.16 | 0.66 | 0.48 |
| Asset Turnover | — | 0.39 | 0.39 | 0.40 | 0.51 | 0.52 | 0.46 | 0.49 | 0.54 | 0.62 | 0.64 |
| Inventory Turnover | 6.10 | 6.10 | 6.62 | 6.22 | 3.90 | 4.47 | 4.62 | 4.75 | 4.79 | 4.64 | 5.14 |
| Days Sales Outstanding | — | 87.10 | 71.92 | 67.89 | 63.87 | 62.32 | 71.95 | 68.01 | 64.09 | 64.70 | 60.29 |
TRMB Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Trimble Inc. returns 5.7% to shareholders annually primarily through share buybacks. The earnings yield of 2.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.8% | 2.2% | 8.6% | 2.3% | 3.6% | 2.2% | 2.3% | 4.9% | 3.4% | 1.2% | 1.7% |
| FCF Yield | 0.9% | 0.7% | 2.9% | 4.2% | 2.8% | 3.2% | 3.7% | 4.9% | 5.0% | 3.5% | 5.0% |
| Buyback Yield | 5.7% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 5.7% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $240M | $247M | $249M | $250M | $254M | $252M | $253M | $253M | $257M | $254M |
Peer Comparison
Compare TRMB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TRMBYou | $15B | 36.2 | 20.6 | 113.3 | 68.3% | 16.9% | 7.3% | 6.8% | 1.8 |
 KEYS | $63B | 75.1 | 52.3 | 49.1 | 62.1% | 17.6% | 15.4% | 11.5% | 2.4 |
 NOVT | $5B | 94.5 | 27.5 | 102.3 | 44.4% | 11.9% | 5.2% | 7.4% | 1.9 |
 GRMN | $47B | 28.3 | 21.7 | 34.4 | 58.7% | 25.9% | 19.8% | 22.0% | 0.1 |
 OSIS | $4B | 27.6 | 17.4 | 70.6 | 34.3% | 12.7% | 16.5% | 11.5% | 2.6 |
 CDNS | $98B | 87.4 | 51.7 | 61.7 | 86.4% | 31.1% | 21.9% | 25.9% | 1.3 |
 ADSK | $52B | 46.5 | 33.3 | 21.6 | 96.8% | 23.3% | 39.7% | 33.3% | 1.7 |
 BSY | $10B | 37.7 | 29.9 | 18.6 | 81.5% | 24.1% | 24.9% | 11.4% | 3.5 |
 PRLB | $2B | 78.3 | 25.5 | 27.5 | 44.5% | 4.9% | 3.2% | 3.4% | 0.1 |
 CAT | $431B | 49.2 | 34.5 | 42.0 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 |
 DE | $160B | 32.0 | 20.3 | 49.6 | 36.5% | 18.8% | 19.3% | 7.7% | 6.0 |
| Technology Median | — | 27.2 | 17.3 | 19.8 | 48.6% | -0.6% | 2.3% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonTRMB — Frequently Asked Questions
Quick answers to the most common questions about buying TRMB stock.
What is Trimble Inc.'s P/E ratio?
Trimble Inc.'s current P/E ratio is 36.2x. The historical average is 37.7x. This places it at the 52th percentile of its historical range.
What is Trimble Inc.'s EV/EBITDA?
Trimble Inc.'s current EV/EBITDA is 20.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.8x.
What is Trimble Inc.'s ROE?
Trimble Inc.'s return on equity (ROE) is 7.3%. The historical average is 8.0%.
Is TRMB stock overvalued?
Based on historical data, Trimble Inc. is trading at a P/E of 36.2x. This is at the 52th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Trimble Inc.'s profit margins?
Trimble Inc. has 68.3% gross margin and 16.9% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Trimble Inc. have?
Trimble Inc.'s Debt/EBITDA ratio is 1.8x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.