← TITAN INTERNATIONAL INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.3b |
$1.5b
+15.29%
|
$1.6b
+9.83%
|
$1.4b
-9.59%
|
$1.3b
-13.07%
|
$1.8b
+41.36%
|
$2.2b
+21.86%
|
$1.8b
-16.02%
|
$1.8b
+1.32%
|
$1.8b
-0.95%
|
$1.9b
+2.09%
|
|
| Cost of Revenue | $1.1b |
$1.3b
+15.82%
|
$1.4b
+7.95%
|
$1.3b
-6.02%
|
$1.1b
-14.36%
|
$1.5b
+36.50%
|
$1.8b
+17.24%
|
$1.5b
-16.18%
|
$1.6b
+4.76%
|
$1.6b
-0.83%
|
$1.6b
+1.89%
|
|
| Gross Profit | $142.5m |
$158.3m
+11.09%
|
$198.3m
+25.26%
|
$129.0m
-34.93%
|
$114.3m
-11.38%
|
$237.5m
+107.79%
|
$360.7m
+51.85%
|
$305.8m
-15.21%
|
$257.8m
-15.71%
|
$253.5m
-1.68%
|
$261.9m
+3.34%
|
|
| Research and Development Expense | $10.0m | $10.3m | $11.1m | $9.9m | $9.0m | $10.1m | $10.4m | $12.5m | $16.5m | $18.3m | $20.1m | |
| Selling, General and Administrative Expense | $145.0m | $150.7m | $134.8m | $137.7m | $130.9m | $131.8m | $132.8m | $134.9m | $191.8m | $203.3m | $206.2m | |
| Amortization of Intangible Assets | $2.2m | $3.0m | $2.3m | $2.2m | $2.3m | $600k | $400k | — | $1.5m | $1.4m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $5.1m | $5.6m | $24.5m | $27.2m | — | |
| Operating Income (Loss) | ($21.3m) |
($13.2m)
+38.20%
|
$42.2m
+420.42%
|
($28.4m)
-167.30%
|
($35.4m)
-24.34%
|
$85.2m
+340.94%
|
$205.8m
+141.62%
|
$148.7m
-27.73%
|
$33.2m
-77.69%
|
$20.8m
-37.43%
|
$24.3m
+17.08%
|
|
| Interest Income, Other | $3.2m | $3.4m | $2.1m | $1.1m | — | — | — | — | — | — | $10.7m | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $11.0m | $10.7m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $8.6m | ($2.0m) | ($11.2m) | $4.0m | ($11.0m) | $12.0m | $927k | ($22.8m) | ($6.1m) | ($5.0m) | — | |
| Gain (Loss) on Investments | — | — | — | $0 | $0 | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | $8.6m | $1.8m | $0 | $0 | — | — | — | |
| Other Nonoperating Income (Expense) | $112k | ($1.1m) | $10.6m | ($393k) | $2.6m | ($727k) | $1.9m | $430k | $6.6m | $965k | — | |
| Interest Expense (non-operating) | $32.5m | $30.2m | $30.5m | $33.1m | $30.6m | $32.2m | $29.8m | $18.8m | $36.4m | $38.7m | $39.4m | |
| Income (Loss) from Equity Method Investments | $0 | $3.6m | $4.0m | $2.4m | $720k | $806k | $859k | $1.2m | $1.0m | $1.2m | — | |
| Nonoperating Income (Expense) | $12.5m | $11.1m | $19.2m | $9.5m | $18.8m | $2.1m | $25.4m | $2.6m | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($52.7m) | ($65.4m) | ($298k) | ($52.2m) | ($36.8m) | ($5.9m) | $73.4m | $20.8m | ($32.4m) | ($58.6m) | ($29.9m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $32.9m | $52.9m | $19.8m | $48.0m | $58.1m | $51.0m | $202.4m | $109.7m | $8.3m | ($11.3m) | ($29.9m) | |
| Current Income Tax Expense (Benefit) | $4.0m | $10.4m | $9.1m | $5.8m | $10.0m | $15.3m | $46.6m | $28.1m | $18.2m | $18.9m | $45.6m | |
| Income Tax Expense (Benefit) | $3.3m | $11.2m | $6.8m | $3.5m | $6.9m | $1.1m | $23.2m | $26.0m | $11.9m | $49.9m | $45.6m | |
| Net Income (Loss) Attributable to Parent | ($34.0m) |
($60.0m)
-76.66%
|
$16.1m
+126.79%
|
($48.4m)
-401.02%
|
($60.4m)
-24.70%
|
$49.6m
+182.11%
|
$176.3m
+255.55%
|
$78.8m
-55.33%
|
($5.6m)
-107.06%
|
($63.5m)
-1041.98%
|
($76.8m)
-20.88%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($43.5m) |
($66.4m)
-52.57%
|
$3.9m
+105.84%
|
($50.4m)
-1397.76%
|
($60.4m)
-19.93%
|
$49.6m
+182.11%
|
$176.3m
+255.55%
|
$78.8m
-55.33%
|
($5.6m)
-107.06%
|
($63.5m)
-1041.98%
|
($76.8m)
-20.88%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($2.1m) | ($4.0m) | ($3.0m) | ($3.1m) | ($4.7m) | $305k | $2.9m | $4.9m | $2.0m | $2.3m | ($76.8m) | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | ($38.3m) | ($64.2m) | $14.1m | ($50.7m) | ($65.1m) | $49.9m | $179.2m | $4.9m | $2.0m | $2.3m | ($76.8m) | |
| Earnings Per Share, Basic | ($0.81) | ($1.12) | $0.06 | ($0.84) | ($0.99) | $0.80 | $2.80 | $1.26 | ($0.08) | ($1.00) | ($1.21) | |
| Earnings Per Share, Diluted | ($0.81) | ($1.12) | $0.06 | ($0.84) | ($0.99) | $0.79 | $2.77 | $1.25 | ($0.08) | ($1.00) | ($1.21) | |
| Common Stock, Dividends, Per Share, Declared | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 53.9m | 59.3m | 59.8m | 60.1m | 60.8m | 62.1m | 63.0m | 62.5m | 68.7m | 63.7m | 64.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 53.9m | 59.3m | 59.9m | 60.1m | 60.8m | 62.7m | 63.7m | 63.0m | 68.7m | 63.7m | 64.1m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | $6.2m | $0 | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.