Trimble Stock Quote and Financial Performance Insights

Trimble stock has consistently delivered strong financial performance, with a revenue growth rate of 8% in 2020. This growth can be attributed to the company's strategic expansion into new markets and its focus on innovation.

Trimble's revenue has increased from $3.5 billion in 2018 to $4.2 billion in 2020, a growth rate of 20% over the two-year period. This growth has been driven by the company's strong presence in the construction, transportation, and agriculture industries.

As a result of its financial performance, Trimble has been able to maintain a strong cash position, with a cash and cash equivalents balance of $1.4 billion as of 2020. This cash position provides the company with the flexibility to invest in new opportunities and pursue strategic acquisitions.

Trimble's stock price has also been influenced by its financial performance, with a market capitalization of over $20 billion.

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Trimble's financial performance is a key aspect to consider when evaluating the company's stock. In 2023, Trimble's revenue was $3.80 billion, a 3.33% increase from the previous year's $3.68 billion.

Earnings, however, took a hit, decreasing by 30.78% to $311.30 million. This significant drop in earnings is a concern for investors.

The company's financial performance can be broken down into several key metrics, including revenue growth and earnings decline. Here's a summary of Trimble's financial performance in 2023:

These numbers provide a snapshot of Trimble's financial health and can help investors make informed decisions about the company's stock.

Trimble Inc's financial strength is a crucial aspect of its overall performance. The company's cash-to-debt ratio is 0.54, indicating that it has a manageable level of debt.

A cash-to-debt ratio of 0.54 may seem low, but it's actually a sign of a company that's able to meet its short-term obligations. This is a good thing, as it shows that Trimble Inc is financially stable.

The company's equity-to-asset ratio is 0.6, which means that it has a significant amount of equity compared to its assets. This is a positive sign, as it indicates that the company's assets are well-funded.

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However, the debt-to-equity ratio is 0.33, which is a bit concerning. This means that for every dollar of equity, the company has 33 cents of debt. While this is not alarmingly high, it's still something to keep an eye on.

Here's a breakdown of Trimble Inc's financial strength metrics:

The Piotroski F-Score is 6 out of 9, which is a relatively high score. This suggests that Trimble Inc has a strong financial position and is likely to continue performing well.

Navigation Management plays a crucial role in the success of a company. The leadership team at Trimble Navigation Management is comprised of experienced professionals.

Erik Börje Ekholm serves as the Chairman of the company. His leadership and vision have been instrumental in shaping the organization's direction. As the Chairman, Ekholm oversees the overall strategy and goals of Trimble Navigation Management.

The company's Chief Accounting Officer, Julie A. Shepard, is responsible for overseeing the financial reporting and compliance functions. Her expertise has been essential in maintaining the company's financial stability.

Mark Schwartz, the Chief Digital Officer, is responsible for driving the company's digital transformation. His leadership has been instrumental in implementing new technologies and processes that have improved the company's efficiency.

Phillip Sawarynski, the Chief Financial Officer, oversees the company's financial planning and analysis functions. His expertise has been essential in making informed financial decisions.

The company's leadership team also includes experienced professionals such as Jaime Nielsen, Michael Leyba, and Robert G. Painter. These individuals bring a wealth of knowledge and expertise to their respective roles.

Here is a list of the company's leadership team:

Trimble's stock performance is a mixed bag. The company's revenue was $3.80 billion in 2023, a 3.33% increase from the previous year.

The previous close price for TRMB stock was $75.96, with a day range of $74.45 to $76.03. This indicates some volatility in the market.

Trimble's market cap is a significant $18.67 billion, listed on the NASDAQ exchange.

Here's a breakdown of TRMB's key data:

Trimble Inc's stock performance is a story of steady growth, with a market cap of $18.67 billion and a primary exchange on the NASDAQ.

The company's revenue has been increasing, reaching $3.80 billion in 2023, a 3.33% jump from the previous year.

Trimble's earnings, however, took a hit in 2023, decreasing by 30.78% to $311.30 million.

Here's a snapshot of Trimble's key data over the years:

Trimble's largest shareholders include The Vanguard Group, Inc. with 11.96% ownership, and Generation Investment Management LLP with 4.87% ownership.

Trimble introduced a new machine guidance module for compact track loaders, extending their all-in-one solution for survey and machine guidance to any compact track loader bucket.

This innovation is significant because it aims to improve efficiency and accuracy on job sites.

The module was announced on November 7, 2024, by Trimble, a company known for its technology solutions in various industries.

Performance Food Group has selected Trimble as its premier fleet management provider. This decision was made in 2024.

Trimble will be handling 100% of Performance Food Group's fleet management business.

Trimble will be servicing a significant number of trucks, doubling the number of Trimble-serviced trucks.

This partnership was announced on November 21, 2024.

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