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Titan International, Inc. TWI R2K

Industrials · Farm & Heavy Construction Machinery · United States
https://www.titan-intl.com

Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway industry in North America, Europe, CIS, Latin America, Asia, and internationally. It operates through Agricultural, Earthmoving/Construction, and Consumer segments. The company offers wheels, tires, and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment; and agricultural tires under the Goodyear Farm Tire, Titan Tire, Carlstar, ACES, and Voltyre-Prom brands. It also provides wheels, tires, and undercarriage systems and components for various types of off-the-road earthmoving, mining, military, construction, and forestry equipment, such as skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators under the Titan brand. In addition, the company manufactures and distributes wheels and tires for end-market verticals comprising outdoor power equipment, power sports, and high speed trailers; and manufactures and sells small to midsize agricultural tires under the Carlstar, ITP, Black Rock, Goodyear, and Unique brands. Further, it is involved in the provision of wheel and tire assembly services; manufactures bias truck and light truck tires; and sale of rubber stocks. The company sells its products directly to original equipment manufacturers, as well as to the aftermarket through independent distributors, equipment dealers, and its distribution centers. Titan International, Inc. was founded in 1890 and is headquartered in West Chicago, Illinois.

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$7.22
-0.28% 1Y

Market & Price

Market Cap
$464.77M
Current Price
$7.22
High / Low (52W)
$11.40 / $6.63
Beta
1.50

Valuation

Stock P/E
-
Industry PE
28.38
Forward P/E
20.34
PEG Ratio
11.70
Book Value
$8.04
Price to Book
0.90
P/S
0.25
EV/EBITDA
11.50
Dividend Yield
-

Profitability & Returns

ROCE
2.20%
ROE
-16.42%
ROA
0.80%
Profit Margin
-4.72%
Op Margin
2.33%
EPS (Latest Qtr)
$-0.38
EPS (TTM)
$-1.37

Balance Sheet & Liquidity

Debt/Equity
1.47
Quick Ratio
1.06
Current Ratio
2.19
Debt
$738.54M
Total Assets
$1.67B
Current Assets
$985.97M
Working Capital
$557.73M

Ownership

Promoter Holding
5.82%
Chg in Prom Hold
-
FII / Inst Holding
92.06%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$1.04B
Total Revenue (TTM)
$1.84B
EBITDA
$90.32M
Free Cash Flow
$-13.51M
Operating Cash Flow
$22.09M
Shares Outstanding
64.37M
Gross Margin
13.31%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-5.54%
Profit 5Y
-45.34%
Revenue (YoY)
2.90%
Earnings (YoY)
-

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -5.5% CAGR over 5 years.
  • Earnings shrank at -45.3% CAGR over 5 years.
  • Trading 36.7% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 TWI Titan International, Inc. R2K 7.22 - $464.77M - 2.20% -16.42% -5.54% -45.34%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------357.50M364.40M370.99M376.03M425.38M428.90M384.72M363.40M410.37M390.60M345.90M301.79M341.50M286.13M304.77M403.52M438.64M450.38M556.00M572.89M530.72M548.64M481.18M401.78M482.21M532.17M--490.71M460.83M466.47M410.44M505.07M
Cost of Revenue -----------------------------------422.06M391.56M395.60M365.77M433.62M
Gross Profit 51.05M26.15M17.81M28.30M43.72M34.92M31.93M40.20M44.02M40.14M35.95M59.56M58.31M43.70M36.69M45.26M38.31M27.10M18.33M27.24M29.87M31.32M53.27M61.47M60.29M86.73M109.65M87.63M95.56M85.89M66.07M77.37M80.44M--68.64M69.27M70.87M44.67M71.45M
Operating Expenses -----------------------------------56.84M59.11M61.13M55.61M60.09M
Operating Income 7.53M-14.46M--11.54M2.59M-6.31M--6.59M4.42M-4.67M-19.38M18.96M4.82M-4.14M-2.43M-12.62M--9.60M-3.10M-6.81M14.23M23.72M22.90M44.71M69.70M50.49M55.14M45.90M26.98M25.07M22.32M--11.80M10.16M9.74M-10.94M11.36M
EBITDA -----------------------------------29.66M27.38M25.13M12.35M7.34M
Interest Expense -----------------------------------9.54M9.67M9.73M9.77M9.89M
Pretax Income -----------------------------------4.25M1.09M-1.39M-15.24M-19.62M
Tax Provision -----------------------------------4.23M4.69M1.07M39.90M4.63M
Net Income 6.77M-31.48M-51.16M-12.74M-3.26M-8.01M-13.60M-11.45M-6.29M-12.02M-30.28M17.65M8.44M2.29M-12.29M1.98M-6.42M-19.14M-24.84M-25.49M-5.04M-12.64M13.57M-2.77M11.19M23.92M67.17M43.17M31.84M30.21M19.28M9.20M2.15M---649.00K-4.54M-2.26M-56.04M-24.21M
Diluted EPS 0.17-0.79-1.07-0.33-0.10-0.17-0.27-0.18-0.17-0.22-0.550.260.06-0.03-0.230.02-0.12-0.33-0.41-0.42-0.08-0.210.22-0.040.180.371.060.680.500.480.310.140.03---0.01-0.07-0.04-0.88-0.38
R&D Expense 2.78M2.98M-2.48M2.71M2.60M-2.84M2.61M2.46M-2.88M2.75M2.59M-2.62M2.54M2.31M-2.41M2.13M2.24M2.55M2.53M2.37M2.92M2.24M2.43M3.01M3.22M3.17M3.65M4.22M4.20M-4.54M4.34M4.55M-5.28M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------1.27B1.47B1.60B1.45B1.26B-2.17B1.82B1.85B1.83B
Cost of Revenue -------------1.81B1.52B1.59B1.57B
Gross Profit 55.97M104.09M232.11M294.14M295.19M140.64M134.74M141.41M160.31M198.27M129.00M114.32M-360.71M305.85M257.80M253.46M
Operating Expenses -------------121.54M157.12M218.42M232.70M
Operating Income -18.89M30.95M132.17M174.71M102.39M-97.62M-27.34M-22.40M-11.15M42.24M-28.43M-35.35M-239.17M148.73M39.38M20.76M
EBITDA -------------277.25M181.34M105.40M94.52M
Interest Expense -------------32.15M29.16M36.43M38.71M
Pretax Income -------------202.35M109.75M8.27M-11.30M
Tax Provision -------------23.17M26.04M11.86M49.89M
Net Income -24.64M-5.93M58.15M107.23M35.20M-80.46M-75.17M-37.60M-60.04M16.09M-48.42M-60.39M-176.30M78.76M-5.56M-63.49M
Diluted EPS -0.71-0.171.182.050.64-2.43-1.73-0.87-1.120.06-0.84-0.99-2.771.25-0.08-1.00
R&D Expense 8.85M6.32M4.23M7.15M11.16M14.01M11.16M9.97M10.30M11.15M9.86M9.01M10.10M10.40M12.54M16.52M18.32M

Compounded Sales Growth

5 Years:-5.54%
1 Year:2.90%

Compounded Profit Growth

5 Years:-45.34%
1 Year:-

Stock Price Performance

1 Year:-0.28%
6 Months:-13.64%
3 Months:-25.80%
1 Month:-9.64%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -736.46M780.88M1.01B1.71B1.82B1.50B1.28B1.27B1.29B1.25B1.11B1.03B-1.28B1.29B1.58B1.67B
Current Assets --------------909.63M876.78M912.04M985.97M
Cash & Equivalents 61.66M229.18M129.17M129.17M189.11M189.36M201.45M147.83M147.83M143.57M81.69M66.80M117.43M-159.58M220.25M195.97M202.88M
Inventory --------------397.22M365.16M437.19M470.55M
Receivables --------------267.34M220.36M213.45M240.21M
Total Liabilities --508.85M613.41M1.08B1.02B905.67M848.37M868.21M866.84M861.35M850.32M830.62M-901.49M821.83M1.09B1.15B
Current Liabilities --92.35M175.77M467.08M386.57M301.56M270.10M366.10M372.92M375.07M327.15M329.71M-446.16M362.51M387.36M428.24M
Long Term Debt --373.56M317.88M441.44M497.69M496.50M475.44M408.76M407.17M409.57M---414.76M409.18M552.97M564.72M
Total Debt --------------451.88M437.26M683.46M710.79M
Total Equity --272.03M395.24M606.62M687.72M511.50M345.06M296.82M320.93M279.05M234.85M179.26M-381.24M467.06M496.07M514.38M
Shares Outstanding --------------66.53M66.53M78.45M78.45M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 72.31M50.71M4.43M130.17M116.87M117.82M63.93M43.50M-1.29M-36.18M45.44M57.23M-160.68M179.35M141.49M30.03M
Investing Cash Flow -40.89M-28.75M-130.80M-63.89M-193.30M-56.27M-49.94M-89.73M18.37M-36.93M-92.59M33.22M--36.75M-56.92M-201.60M-59.65M
Financing Cash Flow 136.10M-11.64M16.38M-4.64M82.68M-46.27M-726.00K-6.43M-24.08M17.54M32.12M-38.56M--61.31M-56.02M64.55M17.45M
Capital Expenditure -39.54M-28.85M-35.74M-65.74M-80.13M-58.44M-48.43M-41.95M-32.63M-39.00M-36.41M-21.68M--46.97M-60.80M-65.62M-54.62M
Free Cash Flow 32.78M21.86M-31.32M64.43M36.74M59.38M15.50M1.55M-33.91M-75.18M9.03M35.55M-113.70M118.55M75.86M-24.59M
Net Change in Cash -------------62.62M66.41M4.44M-12.17M
Share Buybacks -----------0025.00M32.58M--

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------11.2%10.9%12.4%8.9%9.1%-16.6%16.8%14.0%13.9%
Operating Margin % --------1.8%-0.8%2.6%-2.0%-2.8%-11.0%8.2%2.1%1.1%
Net Margin % --------3.0%-4.1%1.0%-3.3%-4.8%-8.1%4.3%-0.3%-3.5%
ROE % --2.2%14.7%17.7%5.1%-15.7%-21.8%-12.7%-18.7%5.8%-20.6%-33.7%-46.2%16.9%-1.1%-12.3%
ROCE % -4.5%15.8%14.1%7.1%-8.2%-2.7%-2.5%-1.2%4.8%-3.6%-5.0%-28.5%16.0%3.3%1.7%

Shareholding Pattern

Insiders
5.82%
Institutions
92.06%
Public Float
97.75%

Top Institutional Holders

#Holder% HeldSharesValue
1 AIP, LLC 13.80% 8.88M $64.12M
2 Blackrock Inc. 11.11% 7.15M $51.65M
3 Donald Smith & Co., Inc. 7.68% 4.94M $35.68M
4 Dimensional Fund Advisors LP 5.32% 3.43M $24.74M
5 Renaissance Technologies, LLC 3.85% 2.48M $17.88M
6 Fishman (Jay A.), Ltd. 3.30% 2.12M $15.33M
7 Vanguard Capital Management LLC 3.25% 2.09M $15.13M
8 State Street Corporation 2.72% 1.75M $12.62M
9 Victory Capital Management Inc. 2.61% 1.68M $12.14M
10 Invesco Ltd. 2.39% 1.54M $11.10M

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