Titan International, Inc.

TWI · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$1,846$1,822$2,169$1,780
% Growth1.3%-16%21.9%
Cost of Goods Sold$1,588$1,516$1,809$1,543
Gross Profit$258$306$361$238
% Margin14%16.8%16.6%13.3%
R&D Expenses$17$13$10$10
G&A Expenses$0$132$130$129
SG&A Expenses$192$135$133$132
Sales & Mktg Exp.$0$3$3$3
Other Operating Expenses$16$10$12$10
Operating Expenses$225$157$155$152
Operating Income$33$149$206$85
% Margin1.8%8.2%9.5%4.8%
Other Income/Exp. Net-$25-$39-$3-$34
Pre-Tax Income$8$110$202$51
Tax Expense$12$26$23$1
Net Income-$6$79$176$50
% Margin-0.3%4.3%8.1%2.8%
EPS-0.0811.262.80.8
% Growth-106.4%-55%250%
EPS Diluted-0.0811.252.770.79
Weighted Avg Shares Out69626362
Weighted Avg Shares Out Dil69636463
Supplemental Information
Interest Income$11$0$2$0
Interest Expense$36$19$32$32
Depreciation & Amortization$61$42$42$47
EBITDA$105$171$274$130
% Margin5.7%9.4%12.6%7.3%