Trimble Inc. TRMB
- Market cap
- $13.4B
- P/E
- 0.0×
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Trimble Inc. (TRMB) Altman Z-score
Trimble Inc.'s Altman Z-score for fiscal 2025 is 4.36, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 4.36 | 0.41 |
| FY2024 | 3.94 | 1.46 |
| FY2023 | 2.48 | (1.04) |
| FY2022 | 3.52 | (1.90) |
| FY2021 | 5.42 | 1.32 |
| FY2020 | 4.10 | 1.30 |
| FY2019 | 2.80 | 0.17 |
| FY2018 | 2.63 | (1.90) |
| FY2017 | 4.53 | (0.13) |
| FY2016 | 4.66 | 1.16 |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.01 | — | 0.02 | |
| Retained earnings / total assets | 0.36 | — | 0.51 | |
| EBIT / total assets | 0.06 | — | 0.21 | |
| Market value of equity / total liabilities | 5.39 | — | 3.24 | |
| Sales / total assets | 0.39 | — | 0.39 | |
| Altman Z-score | Safe zone | 4.36 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 3.47 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| CGNX Cognex Corporation compare | 8.3× |
| NOVT Novanta Inc. compare | 6.6× |
| ESE ESCO Technologies Inc. compare | 5.3× |
| TDY Teledyne Technologies Incorporated compare | 4.4× |
| TRMB Trimble Inc. | 4.4× |
| FTV Fortive Corporation compare | 3.2× |
| VNT Vontier Corporation compare | 2.9× |
| ST Sensata Technologies Holding N.V. compare | 2.1× |
| MKSI MKS Inc. compare | 2.0× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets
More on TRMB
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement