Titan Machinery Inc. logo TITN - Titan Machinery Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 5
HOLD 11
SELL 0
STRONG
SELL
0
| PRICE TARGET: $21.00 DETAILS
HIGH: $21.00
LOW: $21.00
MEDIAN: $21.00
CONSENSUS: $21.00
UPSIDE: 12.42%
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue
Revenue 2,427.1 2,702.1 2,758.4 2,209.3 1,711.9 1,411.2 1,305.2 1,261.5 1,202.9 1,213.1 1,900.2 2,226.4 2,198.4 1,659.0 1,094.5 838.8 690.4 433.0 292.6 228.5 162.2 97.5 66.6
Cost of Revenue 2,044.5 2,306.5 2,227.1 1,769.5 1,379.2 1,149.9 1,054.4 1,029.9 987.6 999.4 1,591.9 1,878.4 1,859.1 1,383.5 919.9 697.7 570.6 360.9 244.0 193.8 0 79.3 54.2
Gross Profit 382.6 395.6 531.4 439.8 332.7 261.4 250.8 231.6 215.3 213.7 308.4 348.1 339.4 275.5 174.6 141.1 119.9 72.1 48.6 34.7 162.2 18.2 12.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 361.8 285.6 241.0 217.8 225.7 201.5 203.2 211.4 273.3 291.2 247.6 0 0 0 86.9 53.2 37.4 27.0 0 0 0
Other Expenses 384.6 389.8 0.7 301.5 0 220.8 0 0 0 0 0 0 0 193.9 130.5 109.0 0 0 0 0 0 16.6 11.1
Operating Expenses 384.6 389.8 362.5 301.5 241.0 220.8 225.7 201.5 203.2 211.4 273.3 291.2 247.6 193.9 130.5 109.0 86.9 53.2 37.4 27.0 0 16.6 11.1
Operating Income
Operating Income (2.7) 4.0 168.8 138.3 90.2 37.4 21.3 27.5 0.9 (2.4) 0.7 46.9 91.8 81.6 44.0 32.1 32.9 18.9 11.2 7.7 162.2 1.6 1.2
Interest Expense 43.1 54.0 21.1 6.9 5.7 7.2 9.8 13.9 17.0 21.9 39.1 30.6 22.8 9.7 8.6 6.9 4.0 0 5.5 3.4 1.7 0 0
Interest Income 0 0 3.3 3.9 2.4 0.5 3.1 2.5 1.6 1.5 0 2.1 1.7 1.6 1.8 1.8 1.5 0 0.3 0.1 0.1 0 0
Profitability
EBITDA 34.9 42.6 200.3 163.5 124.6 73.2 64.2 53.7 37.2 27.2 32.5 87.7 116.9 98.5 54.8 41.9 39.1 18.1 13.3 9.0 4.8 1.6 1.2
EBIT (2.7) 4.0 168.8 138.3 92.6 37.9 23.9 30.1 2.6 (0.8) 0.7 56.9 93.5 83.2 45.8 33.9 34.5 18.9 11.6 7.8 4.0 1.6 1.2
Income Before Tax (45.4) (50.0) 151.0 135.2 86.9 30.8 14.7 16.2 (14.4) (22.7) (38.3) 18.4 70.7 73.6 37.2 27.0 30.5 9.3 6.1 4.5 0 0.3 0.7
Income Tax Expense 8.8 (13.1) 38.6 33.4 20.9 11.4 0.7 4.0 (7.4) (8.2) (4.9) 10.3 28.1 29.4 14.9 11.3 12.4 4.1 2.5 1.7 (1.3) 0.1 0.3
Net Income (54.2) (36.9) 110.9 101.9 66.0 19.4 14.0 12.2 (7.0) (14.2) (32.2) 8.9 42.5 44.2 22.3 15.7 18.1 5.2 3.6 2.7 1.3 0.2 0.4
Per Share Data
EPS (Basic) -2.38 -1.63 4.86 4.50 2.93 0.86 0.63 0.56 -0.33 -0.67 -1.54 0.41 1.99 2.21 1.25 0.89 1.11 0.90 0.81 0.60 0.27 0.02 0.11
EPS (Diluted) -2.38 -1.63 4.93 4.49 2.92 0.86 0.63 0.56 -0.33 -0.65 -1.50 0.41 1.99 2.18 1.23 0.88 1.08 0.67 0.57 0.47 0.24 0.02 0.11
Shares Outstanding 22.8 22.6 22.8 22.4 22.2 22.1 21.9 21.8 21.5 21.3 20.9 21.3 21.0 19.8 17.7 17.6 16.3 5.6 4.5 4.3 4.3 4.3 3.8
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2009 2008 2004 2003
Current Assets
Cash & Cash Equivalents 28.2 35.9 38.1 43.9 146.1 79.0 43.7 56.7 53.4 53.2 86.0 42.8 1.9 1.7
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 127.0 119.8 134.3 95.8 94.3 69.1 72.8 77.5 60.7 65.5 21.1 23.1 3.1 2.3
Inventory 903.1 1,108.7 1,303.0 703.9 421.8 418.5 597.4 491.1 472.5 478.3 241.1 145.8 34.4 38.6
Other Current Assets 31.7 28.2 19.4 25.6 28.1 13.7 13.7 15.6 0 0 1.4 1.0 0 0
Total Current Assets 1,090.0 1,292.6 1,519.0 869.2 690.3 580.2 727.5 640.9 599.1 607.9 350.2 212.9 39.4 42.6
Non-Current Assets
Property, Plant & Equipment 408.2 407.6 353.5 268.0 234.4 221.6 233.8 138.9 151.0 156.6 45.3 16.0 0 0
Goodwill 65.6 61.2 64.1 30.6 9.0 1.4 2.3 1.2 0.2 0 12.5 8.3 0 0
Intangible Assets 51.2 48.3 53.4 18.4 10.6 7.8 8.4 7.2 5.2 5.0 0.4 0.3 0 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 (1,426) (1,027) 0 0
Other Non-Current Assets 0.6 1.6 1.8 1.2 1.0 1.1 1.1 1.2 1.4 1.4 2.0 1.8 0 0
Total Non-Current Assets 526.9 521.3 473.2 319.4 256.3 235.6 247.8 151.5 161.2 163.6 60.1 26.4 0 0
Total Assets 1,616.9 1,813.9 1,992.3 1,188.7 946.7 815.8 975.3 792.4 760.3 771.4 410.2 239.4 44.7 47.6
Current Liabilities
Account Payables 35.2 37.2 43.8 40.8 25.6 20.0 17.0 16.6 15.1 17.3 18.7 9.2 3.3 2.8
Short-Term Debt 575.2 766.6 907.6 265.6 141.3 166.4 385.6 322.3 249.0 234.6 174.1 111.5 21.9 27.9
Deferred Revenue 82.3 91.9 115.9 119.8 134.1 59.4 41.0 46.4 32.3 26.4 15,158.4 19,309.5 1.0 0.6
Other Current Liabilities 75.2 19.4 17.7 0 20.6 17.3 16.9 13.9 16.4 17.5 16.6 20.2 4.0 3.2
Total Current Liabilities 772.0 961.0 1,152.4 498.2 374.7 317.5 494.2 420.5 328.3 308.8 216.2 146.2 30.2 34.5
Non-Current Liabilities
Long-Term Debt 158.6 157.8 96.4 90.0 74.8 44.9 37.8 25.8 97.4 126.7 0 14.4 0 0
Deferred Tax Liabilities 10.2 8.8 22.6 9.6 2.0 0 2.1 5.0 2.3 9.5 3.5 1.9 0 0
Other Non-Current Liabilities 8.8 1.8 10.9 6.2 2.9 8.5 7.8 (17.0) 10.5 5.2 20.3 0.8 9.8 7.5
Total Non-Current Liabilities 265.7 238.9 182.2 154.2 136.7 127.0 136.1 36.7 110.2 141.4 20.3 17.1 9.8 7.5
Total Liabilities 1,037.6 1,199.9 1,334.6 652.4 511.5 444.5 630.2 457.1 438.5 450.2 236.5 163.3 40.0 42.1
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0 0
Retained Earnings 306.1 360.3 397.2 284.8 182.9 116.9 97.7 89.2 77.0 85.3 36.0 17.9 0 0
Accumulated Other Comprehensive Income 6.3 (8.3) 1.8 (5.0) (2.2) 1.5 (3.2) (2.3) (1.7) (4.8) (11.8) (8.0) 0 0
Total Stockholders' Equity 579.3 614.1 657.6 536.3 435.2 371.3 345.1 335.3 321.9 321.2 173.8 76.1 4.7 5.5
Total Liabilities & Equity 1,616.9 1,813.9 1,992.3 1,188.7 946.7 815.8 975.3 792.4 760.3 771.4 410.2 239.4 44.7 47.6
Debt Metrics
Total Debt 826.0 1,000.6 1,067.0 413.9 290.2 306.5 524.0 348.2 346.4 361.3 188.9 125.9 21.9 27.9
Net Debt 797.8 964.7 1,029.0 370.0 144.1 227.5 480.3 291.4 293.0 308.2 102.9 83.1 19.9 26.2
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2005
Operating Activities
Net Income (54.2) (36.9) 112.4 101.9 66.0 19.4 14.0 12.2 (7.0) (14.5) 1.3
Depreciation & Amortization 37.6 38.6 31.5 25.2 22.1 23.7 28.1 23.6 25.1 26.9 0.8
Stock-Based Compensation 0 0 3.3 3.2 2.6 2.5 2.7 2.5 3.4 2.1 0
Change in Working Capital 245.1 142.2 (155.8) (136.2) 56.1 117.4 (58.1) (0.4) 81.3 123.7 (10.3)
Other Non-Cash Items (91.0) (73.6) (26.7) 9.1 7.8 13.5 16.0 6.2 1.9 5.7 0
Operating Cash Flow 137.5 70.3 (32.3) 10.8 158.9 173.0 1.0 46.6 95.8 141.0 (8.0)
Investing Activities
Capital Expenditure (22.4) (51.8) (62.4) (37.2) (37.6) (20.1) (25.0) (12.0) (26.1) (12.4) (1.6)
Acquisitions (19.8) (0.3) (107.5) (100.5) (33.6) (6.8) (13.9) (15.3) (3.7) 2.4 (0.7)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 19.4 4.4 6.5 3.6 16.1 6.6 2.4 1.4 5.2 3.3 0
Investing Cash Flow (22.7) (47.7) (163.4) (134.1) (55.2) (20.3) (36.5) (25.8) (24.6) (9.1) (2.1)
Financing Activities
Net Debt Issuance (222.7) 18.8 6.6 0.8 (20.1) (117.0) 23.4 (18.7) (32.9) (165.8) 8.8
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 99.0 (42.4) 182.0 21.2 (15.3) (0.9) (0.5) 2.0 (38.6) (2.2) 0
Financing Cash Flow (123.7) (23.6) 188.6 22.0 (35.3) (117.9) 22.9 (16.7) (71.5) (168.0) 9.2
Cash Position
Net Change in Cash (7.7) (2.2) (5.8) (102.2) 67.2 35.3 (13.0) 3.3 0.2 (36.3) (0.8)
Cash at Beginning 35.9 38.1 43.9 146.1 79.0 43.7 56.7 53.4 53.2 89.5 1.9
Cash at End 28.2 35.9 38.1 43.9 146.1 79.0 43.7 56.7 53.4 53.2 1.1
Free Cash Flow 115.1 18.4 (94.6) (26.4) 121.3 152.9 (24.1) 34.7 69.7 128.6 (9.6)
Key Metrics 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Income Statement
Revenue 2,427.1 2,702.1 2,758.4 2,209.3 1,711.9 1,411.2 1,305.2 1,261.5 1,202.9 1,213.1 1,900.2 2,226.4 2,198.4 1,659.0 1,094.5 838.8 690.4 433.0 292.6 228.5 162.2 97.5 66.6
Gross Profit 382.6 395.6 531.4 439.8 332.7 261.4 250.8 231.6 215.3 213.7 308.4 348.1 339.4 275.5 174.6 141.1 119.9 72.1 48.6 34.7 162.2 18.2 12.4
Operating Income (2.7) 4.0 168.8 138.3 90.2 37.4 21.3 27.5 0.9 (2.4) 0.7 46.9 91.8 81.6 44.0 32.1 32.9 18.9 11.2 7.7 162.2 1.6 1.2
Net Income (54.2) (36.9) 110.9 101.9 66.0 19.4 14.0 12.2 (7.0) (14.2) (32.2) 8.9 42.5 44.2 22.3 15.7 18.1 5.2 3.6 2.7 1.3 0.2 0.4
EPS (Diluted) -2.38 -1.63 4.93 4.49 2.92 0.86 0.63 0.56 -0.33 -0.65 -1.50 0.41 1.99 2.18 1.23 0.88 1.08 0.67 0.57 0.47 0.24 0.02 0.11
Balance Sheet
Cash & Equivalents 28.2 35.9 38.1 43.9 146.1 79.0 43.7 56.7 53.4 53.2 86.0 42.8 1.9 1.7
Total Assets 1,616.9 1,813.9 1,992.3 1,188.7 946.7 815.8 975.3 792.4 760.3 771.4 410.2 239.4 44.7 47.6
Total Debt 826.0 1,000.6 1,067.0 413.9 290.2 306.5 524.0 348.2 346.4 361.3 188.9 125.9 21.9 27.9
Stockholders' Equity 579.3 614.1 657.6 536.3 435.2 371.3 345.1 335.3 321.9 321.2 173.8 76.1 4.7 5.5
Cash Flow
Operating Cash Flow 137.5 70.3 (32.3) 10.8 158.9 173.0 1.0 46.6 95.8 141.0 (8.0)
Capital Expenditure (22.4) (51.8) (62.4) (37.2) (37.6) (20.1) (25.0) (12.0) (26.1) (12.4) (1.6)
Free Cash Flow 115.1 18.4 (94.6) (26.4) 121.3 152.9 (24.1) 34.7 69.7 128.6 (9.6)