Titan International, Inc. Income Statement
TWI / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Titan International, Inc. reported $1.8B in revenue and $63M in net loss for FY2025. Revenue has grown at a 6.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.8B | $2.2B | $1.4B | $1.6B | $1.4B | $1.3B | $1.4B | $1.3B | $1.4B | $1.8B | $1.5B | $1.8B | $727.6M |
| Cost of Revenue | $1.6B | $1.6B | $1.5B | $1.8B | $1.3B | $1.4B | $1.3B | $1.1B | $1.3B | $1.1B | $1.3B | $1.5B | $1.3B | $1.5B | $671.6M |
| Gross Profit | $253.5M | $257.8M | $305.8M | $360.7M | $129.0M | $198.3M | $129.0M | $141.4M | $134.7M | $141.4M | $134.7M | $294.1M | $232.1M | $294.1M | $56.0M |
| SG&A Expense | $203.3M | $191.8M | $134.9M | $132.8M | $137.7M | $134.8M | $137.7M | $145.0M | $140.4M | $145.0M | $140.4M | $126.2M | $85.9M | $126.2M | $46.7M |
| R&D Expense | $18.3M | $16.5M | $12.5M | $10.4M | $9.9M | $11.1M | $9.9M | $10.0M | $11.2M | $10.0M | $11.2M | $7.1M | $4.2M | $7.1M | $8.8M |
| Operating Income | $20.8M | $33.2M | $148.7M | $205.8M | -$28.4M | $42.2M | -$28.4M | -$22.4M | -$27.3M | -$22.4M | -$27.3M | $174.7M | $132.2M | $174.7M | -$18.9M |
| Interest Expense | - | - | $18.8M | $29.8M | $32.0M | $28.3M | $32.0M | $32.5M | $34.0M | $32.5M | $34.0M | $27.7M | $25.3M | $27.7M | $16.2M |
| Income Tax | $49.9M | $11.9M | $26.0M | $23.2M | $3.5M | $6.8M | $3.5M | $3.3M | $34.8M | $3.3M | $34.8M | $86.6M | $37.8M | $86.6M | -$7.4M |
| Net Income | -$63.5M | -$5.6M | $78.8M | $176.3M | -$48.4M | $16.1M | -$48.4M | -$37.6M | -$75.2M | -$37.6M | -$75.2M | $107.2M | $58.2M | $107.2M | -$24.6M |
| EPS (Basic) | $1.26 | $2.80 | $0.80 | -$0.99 | -$0.84 | $0.06 | -$1.12 | -$0.87 | -$1.73 | -$2.43 | $0.66 | $2.47 | $1.40 | -$0.17 | -$0.71 |
| EPS (Diluted) | $1.25 | $2.77 | $0.79 | -$0.99 | -$0.84 | $0.06 | -$1.12 | -$0.87 | -$1.73 | -$2.43 | $0.64 | $2.05 | $1.18 | -$0.17 | -$0.71 |
| Shares Outstanding | 63.1M | 60.7M | 62.7M | 60.8M | 60.1M | 59.9M | 59.3M | 53.9M | 53.7M | 53.5M | 59.5M | 54.7M | 53.1M | 34.7M | 34.7M |
| Gross Margin | 13.9% | 14.0% | 16.8% | 16.6% | 8.9% | 12.4% | 8.9% | 11.2% | 9.7% | 11.2% | 9.7% | 16.2% | 15.6% | 16.2% | 7.7% |
| Operating Margin | 1.1% | 1.8% | 8.2% | 9.5% | -2.0% | 2.6% | -2.0% | -1.8% | -2.0% | -1.8% | -2.0% | 9.6% | 8.9% | 9.6% | -2.6% |
| Profit Margin | -3.5% | -0.3% | 4.3% | 8.1% | -3.3% | 1.0% | -3.3% | -3.0% | -5.4% | -3.0% | -5.4% | 5.9% | 3.9% | 5.9% | -3.4% |