Trimble Inc. TRMB

57.52 (0.01) (0.02%) as of 2 Oct
Market cap
$13.4B
P/E
0.0×
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Trimble Inc. (TRMB) Piotroski F-score

Trimble Inc.'s Piotroski F-score for fiscal 2025 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, down from 7 in fiscal 2024.

Piotroski F-score, annual

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Annual

Period Piotroski F-score Change (points)
FY2025 4 (3.00)
FY2024 7 2.00
FY2023 5 0.00
FY2022 5 (2.00)
FY2021 7 1.00
FY2020 6 0.00
FY2019 6 0.00
FY2018 6 1.00
FY2017 5 (3.00)
FY2016 8 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 4.51% 15.81% Pass 1
Positive operating cash flow 386.20m 531.40m Pass 1
Rising return on assets 4.51% 15.81% Fail 0
Cash flow above net income (37.80m) (973.00m) Fail 0
Falling long-term leverage 0.15 0.15 Fail 0
Rising current ratio 1.09 1.27 Fail 0
No new shares issued 239,200,000 245,500,000 Pass 1
Rising gross margin 69.07% 65.06% Pass 1
Rising asset turnover 0.38 0.39 Fail 0
Piotroski F-score Mixed 4

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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