Titan International, Inc.
TWI · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $1,845,937 | $1,821,800 | $2,169,380 | $1,780,215 |
| % Growth | 1.3% | -16% | 21.9% | – |
| Cost of Goods Sold | $1,588,135 | $1,515,951 | $1,808,670 | $1,542,673 |
| Gross Profit | $257,802 | $305,849 | $360,710 | $237,542 |
| % Margin | 14% | 16.8% | 16.6% | 13.3% |
| R&D Expenses | $16,520 | $12,539 | $10,404 | $10,104 |
| G&A Expenses | $0 | $131,638 | $129,792 | $129,072 |
| SG&A Expenses | $191,794 | $134,938 | $132,792 | $131,772 |
| Sales & Mktg Exp. | $0 | $3,300 | $3,000 | $2,700 |
| Other Operating Expenses | $16,304 | $9,645 | $11,712 | $10,491 |
| Operating Expenses | $224,618 | $157,122 | $154,908 | $152,367 |
| Operating Income | $33,184 | $148,727 | $205,802 | $85,175 |
| % Margin | 1.8% | 8.2% | 9.5% | 4.8% |
| Other Income/Exp. Net | -$24,913 | -$38,979 | -$3,449 | -$34,135 |
| Pre-Tax Income | $8,271 | $109,748 | $202,353 | $51,040 |
| Tax Expense | $11,861 | $26,042 | $23,167 | $1,149 |
| Net Income | -$5,560 | $78,760 | $176,302 | $49,586 |
| % Margin | -0.3% | 4.3% | 8.1% | 2.8% |
| EPS | -0.081 | 1.26 | 2.8 | 0.8 |
| % Growth | -106.4% | -55% | 250% | – |
| EPS Diluted | -0.081 | 1.25 | 2.77 | 0.79 |
| Weighted Avg Shares Out | 68,662 | 62,452 | 63,040 | 62,100 |
| Weighted Avg Shares Out Dil | 68,662 | 62,961 | 63,691 | 62,685 |
| Supplemental Information | – | – | – | – |
| Interest Income | $11,024 | $0 | $2,353 | $0 |
| Interest Expense | $36,429 | $18,785 | $32,149 | $32,221 |
| Depreciation & Amortization | $60,704 | $42,434 | $41,900 | $47,000 |
| EBITDA | $105,404 | $170,967 | $274,049 | $130,261 |
| % Margin | 5.7% | 9.4% | 12.6% | 7.3% |