Company / Interest Expense
Titan Machinery Inc. Interest Expense History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$7.2M
FY2023
5-year range
$7.2M / $9.8M
FY2019-FY2023
Trend
-26.8%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has declined for 6 consecutive years, from $35M in FY2017 to $7M in FY2023.
Based on SEC 10-K filings.
$7M in FY2023 with a 5-year CAGR of -26.1%.
Improved from $14M to $7M over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -25.0%
- 5-Year CAGR
- -26.1%
- 10-Year CAGR
- -
Key checks
Key Insights
- Titan Machinery Inc.'s interest expense has declined for 6 consecutive years.
- 5-year CAGR of -26.1%, indicating a declining trend.
- In FY2023, interest expense decreased 26.8% year-over-year.
- Peak interest expense was recorded in FY2017.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $7.2M | -26.8% |
| FY2022 | $9.8M | -29.3% |
| FY2021 | $13.9M | -18.4% |
| FY2020 | $17.0M | -22.3% |
| FY2019 | $21.9M | -33.0% |
| FY2018 | $32.6M | -6.2% |
| FY2017 | $34.8M | +13.9% |
As of FY2023 · SEC 10-K · Updated Jun 28, 2026