TIH.TO vs. FAST
TIH.TO (Toromont Industries Ltd.) and FAST (Fastenal Company) are both stocks. Both operate in the Industrial Distribution industry within the Industrials sector. Over the past 10 years, TIH.TO returned 21.55%/yr vs 19.38%/yr for FAST. At a 0.26 correlation, their price movements are largely independent.
Performance
TIH.TO vs. FAST - Performance Comparison
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Different Trading Currencies
TIH.TO is traded in CAD, while FAST is traded in USD. To make them comparable, the FAST values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TIH.TO achieves a 34.71% return, which is significantly higher than FAST's 17.99% return. Over the past 10 years, TIH.TO has outperformed FAST with an annualized return of 21.55%, while FAST has yielded a comparatively lower 19.38% annualized return.
TIH.TO
- 1D
- -0.12%
- 1M
- 2.66%
- YTD
- 34.71%
- 6M
- 36.56%
- 1Y
- 88.16%
- 3Y*
- 30.25%
- 5Y*
- 17.44%
- 10Y*
- 21.55%
FAST
- 1D
- -1.42%
- 1M
- 6.31%
- YTD
- 17.99%
- 6M
- 14.88%
- 1Y
- 13.93%
- 3Y*
- 23.52%
- 5Y*
- 17.82%
- 10Y*
- 19.38%
TIH.TO vs. FAST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIH.TO Toromont Industries Ltd. | 34.71% | 48.42% | -0.52% | 20.67% | -13.29% | 29.90% | 28.45% | 32.28% | 0.04% | 32.10% |
FAST Fastenal Company | 17.99% | 8.78% | 23.14% | 37.94% | -19.55% | 33.99% | 33.36% | 39.10% | 6.67% | 11.56% |
Correlation
The correlation between TIH.TO and FAST is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2006 | 0.26 |
Fundamentals
TIH.TO:
CA$18.31B
FAST:
$52.94B
TIH.TO:
CA$6.29
FAST:
$1.13
TIH.TO:
35.38
FAST:
40.72
TIH.TO:
2.91
FAST:
4.78
TIH.TO:
3.41
FAST:
6.27
TIH.TO:
5.46
FAST:
13.27
TIH.TO:
CA$5.34B
FAST:
$8.44B
TIH.TO:
CA$1.39B
FAST:
$3.79B
TIH.TO:
CA$1.06B
FAST:
$1.80B
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Return for Risk
TIH.TO vs. FAST — Risk / Return Rank
TIH.TO
FAST
TIH.TO vs. FAST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toromont Industries Ltd. (TIH.TO) and Fastenal Company (FAST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| TIH.TO | FAST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.23 | ||
| Sortino ratioReturn per unit of downside risk | +3.83 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.11 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 8.22 | 0.66 | +7.56 |
| Martin ratioReturn relative to average drawdown | 28.90 | 1.24 | +27.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TIH.TO | FAST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.79 | 0.55 | +3.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.72 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | 0.71 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.53 | +0.14 |
Drawdowns
TIH.TO vs. FAST - Drawdown Comparison
The maximum TIH.TO drawdown since its inception was -39.19%, smaller than the maximum FAST drawdown of -41.82%. Use the drawdown chart below to compare losses from any high point for TIH.TO and FAST.
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Drawdown Indicators
| TIH.TO | FAST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.19% | -41.82% | +2.63% |
Max Drawdown (1Y)Largest decline over 1 year | -10.90% | -21.13% | +10.23% |
Max Drawdown (3Y)Largest decline over 3 years | -18.53% | -21.13% | +2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -25.58% | +3.41% |
Max Drawdown (10Y)Largest decline over 10 years | -25.45% | -26.95% | +1.50% |
Current DrawdownCurrent decline from peak | -2.00% | -6.94% | +4.94% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -10.62% | +2.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 11.28% | -8.20% |
Volatility
TIH.TO vs. FAST - Volatility Comparison
Toromont Industries Ltd. (TIH.TO) has a higher volatility of 7.26% compared to Fastenal Company (FAST) at 6.69%. This indicates that TIH.TO's price experiences larger fluctuations and is considered to be riskier than FAST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIH.TO | FAST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 6.69% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 18.69% | 19.62% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.71% | 25.29% | -1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.16% | 25.03% | -3.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.87% | 27.50% | -4.63% |
Dividends
TIH.TO vs. FAST - Dividend Comparison
TIH.TO's dividend yield for the trailing twelve months is around 0.97%, less than FAST's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAST Fastenal Company | 2.00% | 2.18% | 2.17% | 2.75% | 2.62% | 1.75% | 2.87% | 2.35% | 2.95% | 2.34% | 2.55% | 2.74% |
TIH.TO Toromont Industries Ltd. | 0.97% | 1.25% | 1.69% | 1.48% | 1.60% | 1.19% | 1.39% | 1.53% | 1.70% | 1.38% | 1.70% | 2.16% |
Financials
TIH.TO vs. FAST - Financials Comparison
This section allows you to compare key financial metrics between Toromont Industries Ltd. and Fastenal Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TIH.TO vs. FAST - Profitability Comparison
TIH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported a gross profit of 317.34M and revenue of 1.23B. Therefore, the gross margin over that period was 25.8%.
FAST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a gross profit of 982.90M and revenue of 2.20B. Therefore, the gross margin over that period was 44.6%.
TIH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported an operating income of 143.03M and revenue of 1.23B, resulting in an operating margin of 11.7%.
FAST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported an operating income of 447.60M and revenue of 2.20B, resulting in an operating margin of 20.3%.
TIH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported a net income of 92.70M and revenue of 1.23B, resulting in a net margin of 7.6%.
FAST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a net income of 339.80M and revenue of 2.20B, resulting in a net margin of 15.4%.
Frequently Asked Questions
TIH.TO and FAST have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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