TRMBTRIMBLE INC.
Measuring & Controlling Devices, NEC
- Revenue
- $3.6B
- 2.6% YoY
- Operating margin
- 16.5%
- 32% YoY
- EBITDA
- $792M
- 14% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.6×
- $1.2B net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear91% of net incomeCash flow under 80% of net income
- Dilutive SBCClear4% of revenueOver 10% of revenue
- Payouts exceed cash flowFired224% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired57% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.8B | $3.7B | $3.6B | 2.6% |
| Operating income | $511M | $449M | $461M | $592M | 29% |
| Net income | $450M | $311M | $1.5B | $424M | 72% |
| Operating cash flow | $391M | $597M | $531M | $386M | 27% |
| Capex | $43M | $42M | $34M | $25M | 25% |
| Stock-based comp | $120M | $145M | $159M | $147M | 7.6% |
| Buybacks | $395M | $100M | $175M | $863M | 393% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $528K · 1
- Net
- −$528K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $19M | $26M | 117 | 258 |
| FY2025 | $19M | $31M | 106 | 208 |
| FY2023 | $15M | $15M | 80 | 152 |
| FY2022 | $16M | −$9M | 76 | 97 |
| FY2021 | $14M | $27M | 131 | 135 |