Titan International IncTWI

NYSEMaterialsSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Price (close)
$7.07
Market cap
$455.9M
P/E
—
Revenue (TTM)
$1.9B
Net income
-$76.8M
Dividend yield
—
1-year total return
-6.6%
Net margin
-4.1%
Revenue growth
4.7%
Debt / equity
1.18x

What Titan International Inc does.

Titan, is a global wheel, tire, and undercarriage industrial manufacturer and supplier that services customers across the globe. Titan traces its roots to the Electric Wheel Company in Quincy, Illinois, which was founded in 1890. Titan was originally incorporated in 1983 and has increased its global footprint and enhanced product offerings through major acquisitions which include the following:

• 2013/2014 - A noncontrolling interest in Voltyre-Prom, a leading producer of agricultural and industrial tires, which owns and operates an over two million square foot manufacturing facility located in Volgograd, Russia

• 2024 - Acquisition of Carlstar, a global manufacturer and distributor of wheels and tires for a variety of end-market verticals including outdoor power equipment, power sports, trailers, and small to midsize agricultural and construction equipment.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.3B$1.8B$2.2B$1.8B$1.8B$1.8B
Net income-$60.4M$49.6M$176.3M$78.8M-$5.6M-$63.5M
Free cash flow$35.5M-$28.1M$113.7M$118.6M$75.9M-$24.6M

More on TWI.

Figures from Titan International Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.