Trimble Inc. (TRMB) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Forensic Analysis · Industrials / Manufacturing / Defense · as of Aug 11, 2026
Trimble Inc. (TRMB)
A forensic read on Trimble Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
5.8
Distress distance
Clean
Earnings quality
5
Forensic signals
26.0
P / E (ttm)
7.3%
ROE
$13.7B
Market cap
-2.6%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Trimble Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 5.8, placing it in the Safe zone. 5 forensic signals were flagged in its latest SEC filings, led by cash conversion.
What the filings flag
0.68×
FY2023, FY2025, and FY2026
Cash conversion.Over FY2023, FY2025, and FY2026, operating cash flow was 0.68× cumulative net income. Reported profit is not turning into cash. The shortfall is profit tied up in working capital rather than collected — the accrual and receivables lines below show where.
239% of FCF
FY2026
Shareholder returns.Returned $863M to shareholders (buybacks + dividends) in FY2026 — 239% of free cash flow. More than free cash flow generated — and beyond operating cash too, so the extra is coming from debt or cash reserves, which isn't sustainable indefinitely. Counting the $146M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 280%.
87d DSO
FY2025→FY2026
Receivables vs revenue.Days sales outstanding moved from 72 to 87 days FY2025→FY2026 (receivables +18% vs revenue -3%). Only 68¢ of operating cash arrived for every dollar of profit reported over FY2023, FY2025, and FY2026 ($1.5B against $2.2B), and the receivables balance is one of the places the rest is sitting. Receivables grew, but deferred revenue grew +11% over the same period too — rising alongside rising unearned revenue reads as upfront billing on multi-period contracts, not slipping collections. There's no FY2024 figure on file for receivables, so FY2025 has no opening balance to average against — both figures are measured on period-end balances rather than the beginning-plus-ending average, since averaging only the current year would make the move track balance-sheet growth rather than the business.
61d
FY2025→FY2026
Inventory days.Days inventory outstanding moved from 55 to 61 FY2025→FY2026 (against cost of goods sold; inventory -4% vs -14% in cost of sales). Inventory is building a little faster than sales — watch for markdowns. There's no FY2024 figure on file for inventory, so FY2025 has no opening balance to average against — both figures are measured on period-end balances rather than the beginning-plus-ending average, since averaging only the current year would make the move track balance-sheet growth rather than the business.
Key fundamentals
Latest Revenue$3.59B
Revenue Growth YoY-2.6%
Revenue CAGR (3yr)-2.8%
Net Margin11.8%
Free Cash Flow$360.9M
Return on Equity7.3%
Debt / Equity0.24x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Trimble Inc.'s actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Aug 11, 2026. Forensic signals flag probability, not certainty.
6.5%
FY2026
Return on invested capital.Return on invested capital is 6.5% in the latest fiscal year and steady — slightly below its ~9% cost of capital — reinvestment is roughly a wash.