Trimble (TRMB)

Information Technology · $12.5B market cap · SEC CIK 0000864749

Next reports on Feb 8, 2027, before the open, with analysts expecting $1.19 in earnings per share.

52-week range $47.92 to $84.42. 35% below its 52-week high and 14% above its low.

The case for TRMB

• Gross margin of 71% absorbs cost shocks.

The case against

• Losing money over the last year: net margin −1.6%, return on equity −1%.
• Expensive for its growth: 29.4× earnings, where 2% a year of growth would justify about 11×.
• Down 30.7% over the past year.
• Revenue has shrunk 0.4% a year over five years.
• Current liabilities exceed current assets (ratio 0.95).
• Near the bottom of its 52-week range, 35% below the high. Falling prices usually have a reason; find it first.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Information Technology companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• The P/E (29.4×) says it made money over the last year but its net margin (−1.6%) says it lost money, so the P/E is not counted in its favour.
• Each factor except momentum is half fixed thresholds, half rank among the 73 Information Technology companies.

The financials

The financials, five years deep

Pulled from Trimble's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Trimble says it does

Trimble is a leading technology solutions and platform provider, enabling office professionals and field workers to connect their workflows and industry lifecycles, driving a more productive, efficient, and sustainable future. With a focus on the industries that build, maintain, and move the world, the comprehensive depth and breadth of our solutions are transforming the way the world works, making it easier for Trimble customers to focus on what matters—getting the job done right. We innovate at the intersection of the digital and physical worlds with solutions that span the world’s foundational industries, including building, civil and infrastructure construction, geospatial, natural resources, utilities, and transportation. We exist to empower our customers: asset owners; general and specialty contractors; architects, engineers, and designers; surveyors; energy and utility companies; transportation shippers and carriers; as well as…

Risk factors TRMB lists in its 10-K

• We operate globally and are subject to significant risks in many jurisdictions, including risks related to adverse economic, political, regulatory, and other global and regional conditions
• We have experienced disruption in our supply chain and related events, and are subject to ongoing supply chain risks
• If we are unable to effectively integrate, streamline, and manage our diverse and complex businesses and operations, our ability to generate growth and revenue from new or existing customers may be adversely affected
• Changes in our software and subscription businesses may adversely affect our revenue
• We may not be able to continue to enter into or maintain important alliances and distribution relationships
• Investing in and integrating new acquisitions or divesting businesses could be costly, place a significant strain on our management systems and resources, or fail to deliver expected outcomes
• We face substantial competition in our markets, which could decrease our revenue and growth rates
• If we are unable to attract and retain qualified personnel, our business could be harmed
• Our products are highly technical and may contain undetected errors, product defects, or security vulnerabilities
• Our internal and customer-facing systems, and systems of third parties we rely upon, may be subject to cybersecurity breaches, disruptions, or delays
• Our use of artificial intelligence, or AI, and generative AI tools presents risks and challenges that could adversely affect our business and require that we incur substantial costs
• Some of our products rely on third-party technologies including open-source software, which could result in product incompatibilities or harm availability of our products and services
• We are dependent on proprietary technology, which could result in litigation that could divert significant valuable resources
• We are dependent on the availability and unimpaired use of allocated bands within the radio frequency spectrum; our products may be subject to harmful interference from new or modified spectrum uses
• Many of our products rely on GNSS technology, GPS and other satellite systems, which may become degraded or inoperable and result in lost revenue
• Compliance with international and U.S. laws and regulations that apply to our international operations can be complex, and exposes us to various risks related to potential non-compliance
• We are subject to evolving and potentially conflicting data privacy and data security laws in the United States and other jurisdictions, which could involve substantial costs and adversely impact our business
• We are subject to the impact of governmental and other certifications processes and regulations, which could adversely affect our products and our business
• Our debt could adversely affect our cash flow and prevent us from fulfilling our financial obligations
• Changes in our effective tax rate may reduce our net income in future periods
• We may be affected by fluctuations in currency exchange rates
• Our annual and quarterly performance fluctuates, which can adversely impact our stock price
• Claims and lawsuits against us, negative regulatory outcomes, or other events that adversely affect our reputation, could harm our business
• Catastrophic events or geopolitical conditions could disrupt our operations
• Sustainability matters and related reporting obligations may cause us to incur additional expenses or adversely affect our business or reputation

Filings

Other Information Technology companies