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Titan International TWI Operating margin

Operating margin at other companies

Caterpillar logo
CaterpillarCAT
16.5%-2.7pp
AGCO logo
AGCOAGCO
6%+4.5pp
Wabash National logo
Wabash NationalWNC
22.4%+16.2pp
Titan Machinery logo
Titan MachineryTITN
-0.3%
TTC
Toro CompanyTTC
9.4%-1.8pp
Monro, Inc. logo
Monro, Inc.MNRO
3.9%-1.4pp

Other financials

Income statement

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Revenue$505.1M+2.9%
Gross profit$71.4M+4.1%
Operating income-$13.8M-217%
Net income-$24.2M-3,631%
EPS (diluted)-$0.38-3,700%

Balance sheet

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Cash & equivalents$171.3M-1.8%
Total debt$772.8M+7.1%
Total equity$494.9M-7.4%
Total assets$1.7B-0.4%

Cash flow

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Operating cash flow-$46.5M-20.6%
CapEx$13.3M-11.8%
Free cash flow-$59.8M-11.5%

Valuation

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Market cap$508.54M-13.3%
Enterprise value$1.11B-2.1%
P/S0.3×0.0×

Profitability

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Gross margin13.9%+0.5pp
Net margin-4.7%
FCF margin2.2%-3.0pp

Returns & leverage

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Return on equity-16.9%
Debt / equity1.6×+0.2×
Current ratio2.2×-0.1×

Where this comes from

Calculated from Titan International’s reported figures.

Based on trailing twelve months.

The official record: Titan International’s 10-Q, filed October 30, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Titan International's operating margin?
Titan International (TWI) reported operating margin of 3.8% in Q3 2024.
How has Titan International's operating margin changed year-over-year?
Titan International's operating margin decreased by 56.0% year-over-year, from 8.7% to 3.8%.
What is the long-term trend for Titan International's operating margin?
Over 3 years (2020 to 2023), Titan International's operating margin has grown at a 42.7% compound annual growth rate (CAGR), from -2.8% to 8.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.