Titan Financial Statements From 2010 to 2025

TITN Stock  USD 14.73  0.87  6.28%   
Titan Machinery financial statements provide useful quarterly and yearly information to potential Titan Machinery investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Titan Machinery financial statements helps investors assess Titan Machinery's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Titan Machinery's valuation are summarized below:
Gross Profit
485.7 M
Profit Margin
0.011
Market Capitalization
320.5 M
Enterprise Value Revenue
0.5512
Revenue
2.8 B
We have found one hundred twenty available fundamental trend indicators for Titan Machinery, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Titan Machinery's current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 19th of March 2025, Market Cap is likely to grow to about 576.1 M. Also, Enterprise Value is likely to grow to about 1.6 B

Titan Machinery Total Revenue

3.33 Billion

Check Titan Machinery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Titan Machinery's main balance sheet or income statement drivers, such as Interest Expense of 13.6 M, Total Revenue of 3.3 B or Gross Profit of 641.6 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0038 or PTB Ratio of 1.01. Titan financial statements analysis is a perfect complement when working with Titan Machinery Valuation or Volatility modules.
  
Check out the analysis of Titan Machinery Correlation against competitors.
To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.

Titan Machinery Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.4 B2.3 B1.2 B
Slightly volatile
Short and Long Term Debt Total1.3 B1.2 B634 M
Slightly volatile
Other Current Liabilities89.8 M85.6 M43.9 M
Slightly volatile
Total Current Liabilities1.4 B1.3 B640 M
Slightly volatile
Total Stockholder Equity794.1 M756.3 M421 M
Slightly volatile
Current Deferred Revenue99.1 M104.3 M62.7 M
Slightly volatile
Net Debt1.3 B1.2 B565.1 M
Slightly volatile
Accounts Payable52.9 M50.4 M26.1 M
Slightly volatile
Cash68.6 M43.8 M70.2 M
Pretty Stable
Other Assets0.860.94.2 M
Slightly volatile
Cash And Short Term Investments68.6 M43.8 M70.2 M
Pretty Stable
Net Receivables162.1 M154.4 M90.1 M
Slightly volatile
Common Stock Shares Outstanding18.5 M25.9 M20.6 M
Slightly volatile
Liabilities And Stockholders Equity2.4 B2.3 B1.2 B
Slightly volatile
Non Current Liabilities Total117.2 M209.6 M149.6 M
Very volatile
Inventory1.6 B1.5 B769.9 M
Slightly volatile
Other Stockholder Equity196.2 M297.5 M230.3 M
Slightly volatile
Total Liabilities1.6 B1.5 B796 M
Slightly volatile
Total Current Assets1.8 B1.7 B952.8 M
Slightly volatile
Short Term Debt1.1 B1.1 B501.7 M
Slightly volatile
Property Plant And Equipment Net426.8 M406.5 M221.1 M
Slightly volatile
Retained Earnings479.6 M456.8 M185.2 M
Slightly volatile
Non Current Assets Total571.4 M544.2 M265 M
Slightly volatile
Non Currrent Assets Other2.1 M1.6 M3.1 M
Slightly volatile
Good Will77.4 M73.7 M22.3 M
Slightly volatile
Other Current Assets52.7 M50.2 M23.1 M
Slightly volatile
Property Plant And Equipment Gross154.7 M308.2 M192.6 M
Slightly volatile
Intangible Assets64.4 M61.4 M18.4 M
Slightly volatile
Other Liabilities7.6 M7.3 MM
Pretty Stable
Long Term Debt95.7 M103.4 M105.2 M
Pretty Stable
Property Plant Equipment163.5 M308.2 M193.3 M
Slightly volatile
Net Tangible Assets395.7 M560.4 M378.8 M
Slightly volatile
Retained Earnings Total Equity97.1 M164.6 M130 M
Pretty Stable
Long Term Debt Total93.2 M67.3 M103 M
Slightly volatile
Capital Surpluse267 M292.6 M247.3 M
Slightly volatile
Deferred Long Term Liabilities1.7 M1.8 M14.5 M
Slightly volatile
Non Current Liabilities Other6.8 M7.1 M11.5 M
Pretty Stable
Short and Long Term Debt217.6 M305.5 M163.3 M
Slightly volatile
Net Invested Capital778.4 MB726.2 M
Slightly volatile
Net Working Capital306.9 M426.8 M292.2 M
Slightly volatile
Capital Lease Obligations68.9 M67.1 M32.8 M
Slightly volatile

Titan Machinery Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue3.3 B3.2 B1.8 B
Slightly volatile
Gross Profit641.6 M611.1 M326.2 M
Slightly volatile
Other Operating Expenses3.1 BB1.7 B
Slightly volatile
EBITDA241.9 M230.4 M97.1 M
Slightly volatile
Cost Of Revenue2.7 B2.6 B1.5 B
Slightly volatile
Total Operating Expenses437.7 M416.9 M253.7 M
Slightly volatile
Depreciation And Amortization21.6 M36.2 M26.4 M
Slightly volatile
Selling General Administrative26.4 M27.8 M128.5 M
Slightly volatile
Non Recurring1.3 M1.3 M7.2 M
Slightly volatile
Interest Income4.9 M3.5 M14.2 M
Slightly volatile
Reconciled Depreciation19.7 M22.7 M24.4 M
Slightly volatile
Extraordinary Items1.4 M1.6 M1.8 M
Slightly volatile

Titan Machinery Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow67.5 M50.5 M73 M
Very volatile
Depreciation20 M36.2 M24.6 M
Slightly volatile
Capital Expenditures75.3 M71.7 M35.8 M
Slightly volatile
End Period Cash Flow69.5 M43.8 M70.2 M
Pretty Stable
Stock Based Compensation2.1 M3.8 M2.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.220.20.2835
Very volatile
Dividend Yield0.00380.00430.0047
Slightly volatile
PTB Ratio1.011.071.4824
Slightly volatile
Days Sales Outstanding12.9815.9917.4525
Very volatile
Book Value Per Share27.2525.9518.4045
Slightly volatile
Stock Based Compensation To Revenue0.0010.00110.0014
Slightly volatile
Capex To Depreciation2.312.281.5418
Pretty Stable
PB Ratio1.011.071.4824
Slightly volatile
EV To Sales0.620.690.5954
Pretty Stable
Inventory Turnover1.71.542.0011
Pretty Stable
Days Of Inventory On Hand195246190
Slightly volatile
Payables Turnover42.8545.7157.0417
Pretty Stable
Sales General And Administrative To Revenue0.0960.110.1229
Slightly volatile
Average Inventory195.1 M264.9 M280 M
Very volatile
Capex To Revenue0.02220.0260.0184
Very volatile
Cash Per Share2.791.53.2408
Pretty Stable
Payout Ratio0.06770.07610.083
Slightly volatile
Days Payables Outstanding8.628.267.214
Pretty Stable
Intangibles To Total Assets0.07120.06780.0264
Slightly volatile
Net Debt To EBITDA5.675.9613.6168
Slightly volatile
Current Ratio1.221.191.5435
Very volatile
Tangible Book Value Per Share22.3821.3216.7853
Slightly volatile
Receivables Turnover26.2623.6321.3953
Very volatile
Graham Number53.0850.5526.3757
Slightly volatile
Shareholders Equity Per Share27.2525.9518.3757
Slightly volatile
Debt To Equity2.71.881.7968
Slightly volatile
Capex Per Share2.582.461.5743
Pretty Stable
Average Receivables12.2 M19.9 M20.5 M
Very volatile
Revenue Per Share11410980.0047
Slightly volatile
Interest Debt Per Share45.543.3428.764
Pretty Stable
Debt To Assets0.580.620.5154
Slightly volatile
Enterprise Value Over EBITDA8.999.4622.8533
Slightly volatile
Operating Cycle213266208
Pretty Stable
Price Book Value Ratio1.011.071.4824
Slightly volatile
Days Of Payables Outstanding8.628.267.214
Pretty Stable
Dividend Payout Ratio0.06770.07610.083
Slightly volatile
Effective Tax Rate0.390.290.3222
Slightly volatile
Company Equity Multiplier4.593.483.3542
Slightly volatile
Long Term Debt To Capitalization0.260.150.2352
Slightly volatile
Total Debt To Capitalization0.690.710.6041
Slightly volatile
Debt Equity Ratio2.71.881.7968
Slightly volatile
Quick Ratio0.260.170.3256
Pretty Stable
Net Income Per E B T0.520.660.6675
Pretty Stable
Cash Ratio0.02820.02970.1332
Very volatile
Cash Conversion Cycle204258201
Pretty Stable
Days Of Inventory Outstanding195246190
Slightly volatile
Days Of Sales Outstanding12.9815.9917.4525
Very volatile
Price To Book Ratio1.011.071.4824
Slightly volatile
Fixed Asset Turnover15.438.9711.1345
Slightly volatile
Enterprise Value Multiple8.999.4622.8533
Slightly volatile
Debt Ratio0.580.620.5154
Slightly volatile
Price Sales Ratio0.220.20.2835
Very volatile
Asset Turnover1.821.591.5537
Slightly volatile
Gross Profit Margin0.140.170.1742
Pretty Stable
Price Fair Value1.011.071.4824
Slightly volatile

Titan Machinery Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap576.1 M548.7 M440.1 M
Slightly volatile
Enterprise Value1.6 B1.5 B1.4 B
Slightly volatile

Titan Fundamental Market Drivers

Cash And Short Term Investments38.1 M

Titan Upcoming Events

21st of March 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
21st of March 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

About Titan Machinery Financial Statements

Titan Machinery investors utilize fundamental indicators, such as revenue or net income, to predict how Titan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue104.3 M99.1 M
Total Revenue3.2 B3.3 B
Cost Of Revenue2.6 B2.7 B
Sales General And Administrative To Revenue 0.11  0.10 
Capex To Revenue 0.03  0.02 
Revenue Per Share 108.85  114.29 
Ebit Per Revenue 0.06  0.06 

Pair Trading with Titan Machinery

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Titan Machinery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Titan Machinery will appreciate offsetting losses from the drop in the long position's value.

Moving together with Titan Stock

  0.65DNOW Now IncPairCorr
  0.72DXPE DXP EnterprisesPairCorr

Moving against Titan Stock

  0.53TRNS TranscatPairCorr
  0.42DSGR Distribution SolutionsPairCorr
The ability to find closely correlated positions to Titan Machinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Machinery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Titan Machinery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Titan Machinery to buy it.
The correlation of Titan Machinery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titan Machinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Machinery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Titan Machinery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Titan Machinery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan Machinery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan Machinery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan Machinery Stock:
Check out the analysis of Titan Machinery Correlation against competitors.
To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan Machinery. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
1.35
Revenue Per Share
123.777
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0303
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.