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Trimble Inc. TRMB Transportation — Goodwill

Discontinued — last reported Q4 '23

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LFUSTransportation — Goodwill
$196.48M+1.6%

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/A, filed January 16, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trimble Inc.'s transportation — goodwill?
Trimble Inc. (TRMB) reported transportation — goodwill of $2.4B in Q4 2023.
How has Trimble Inc.'s transportation — goodwill changed year-over-year?
Trimble Inc.'s transportation — goodwill increased by 144.1% year-over-year, from $983.9M to $2.4B.
What is the long-term trend for Trimble Inc.'s transportation — goodwill?
Over 2 years (2021 to 2023), Trimble Inc.'s transportation — goodwill has grown at a 42.3% compound annual growth rate (CAGR), from $3.99B to $8.08B.
What does transportation — goodwill mean?
The value of intangible assets like brand and customer base acquired through business purchases within the Transportation segment.
How do you interpret transportation — goodwill?
An increase suggests recent acquisitions, while a decrease may indicate impairment charges or divestitures.
How does transportation — goodwill compare across companies?
Common across technology and industrial firms that grow through M&A; peers typically report this as 'Goodwill' under segment assets.