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Trimble Inc. TRMB Engineering And Construction — Goodwill

Discontinued — last reported Q4 '16

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Other financials

Income statement

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Revenue$939.9M+11.8%
Gross profit$646.3M+15.2%
Operating income$144.0M+47.7%
Net income$98.9M+48.3%
EPS (diluted)$0.42+55.6%

Balance sheet

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Cash & equivalents$234.1M-19.3%
Total debt$1.4B+2.3%
Total equity$5.6B+4.0%
Total assets$9.0B+1.0%

Cash flow

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Operating cash flow$274.7M+76.5%
CapEx$6.1M-7.6%
Free cash flow$268.6M+80.3%

Valuation

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Market cap$11.46B+6.2%
Enterprise value$12.65B+6.3%
P/E25.1×+18.0×
P/S3.1×+0.1×

Profitability

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Gross margin69.5%+3.3pp
Operating margin17.3%+4.7pp
Net margin12.4%-30.0pp
FCF margin11.8%-3.4pp

Returns & leverage

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Return on equity8.3%-22.7pp
Debt / equity0.3×0.0×
Current ratio+0.2×

Where this comes from

Reported directly by Trimble Inc. in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Trimble Inc.’s 10-K, filed February 24, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does engineering and construction — goodwill mean?
The value of intangible assets like brand and market position acquired through past business purchases in the Engineering and Construction segment.
How do you interpret engineering and construction — goodwill?
High levels indicate significant historical acquisition activity; sudden decreases signal impairment charges due to underperformance.
How does engineering and construction — goodwill compare across companies?
High goodwill is common in technology firms that grow through frequent strategic acquisitions.