There's no rate to imply here.

The data isn't there yet — here's what's missing:

  • Caution:
    What is missing
    Trimble moved its agriculture business — about a quarter of its revenue — into a joint venture with AGCO in April 2024, so its 2024 annual report consolidates that business for only part of the year and none of it thereafter. Our fair value compounds from five years of free cash flow, and those years describe Trimble with the agriculture segment inside it. A five-year base that reflects the change is several filings away.

TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →