Pricing Log in Create free account
Friday 6 November 2026 Export TITN’s income statement to Excel — free account

Titan Machinery Inc.

TITN Industrials Industrial Distribution

Titan Machinery Inc.’s revenue for fiscal 2026 (year ended January 2026) was $2.4 billion, down 10.2% from fiscal 2025.

Revenue
−9.16%
EPS
−53.9%
Free cash flow
−107.5%
Total debt
+0.51%

Quarter to July 2026, against a year earlier

22.21 0.97 +4.57%
Market cap
$499.8M
P/E
0.0×
Fwd P/E
−14.9×
Dividend yield
—
F-score
4/9
Altman Z
2.20
Beneish M
−2.85
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 9.06%

Capital & Financial Ratios $m

Size
Market Cap 499.84
Revenue ttm 2,305.11
Net income ttm (56.74)
Free cash flow ttm 56.01
Net debt Q 180.62
Valuation
P/E 0.00
Forward P/E (14.90) (negative: loss-making)
Price / sales 0.21
Forward P/S Powerpack
Price / FCF 8.72
Price / book 0.88
Financial health
Current ratio Q 1.35
Debt / equity Q 0.38 (at or below 0.5: strong)
Interest coverage Q (0.28)
Growth
Revenue growth Q −9.16% (below 0%: shrinking)
Operating income growth Q −443.05% (below 0%: shrinking)
EPS, this year +29.05% (at or above 15%: strong)
EPS, next year A +63.97% (at or above 15%: strong)
Revenue, next year A −13.19% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +51.07% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.3×, against a ten-year median of 0.3×; over the ten years it ranged from 0.1× in 2024 to 0.5× in 2022.
P/S against its own 10 years 36.78%
10-year low 10-year high
P/B against its own 10 years 38.36%
10-year low 10-year high
EV/Sales against its own 10 years 55.59%
10-year low 10-year high
EV/FCF against its own 10 years 82.35%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 38 36 28 30
Receivables 154 120 127 113
Inventory 1,303 1,109 903 932
Other — — — —
1,519 1,293 1,090 1,101
2024 2025 2026 Q'26
Payables 44 37 35 41
ST’ Debt 14 11 21 26
Other — — — —
1,152 961 772 818

Compound Annual Growth %

10y 5y 3y
Sales 5.90% 11.45% 3.18%
Cash Flow (5.10%) (4.50%) 133.36%
Earnings 0.00% 0.00% 0.00%
Book Value 5.52% 9.30% 2.60%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY27 Estimate −0.33 Actual −0.40

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY26 −0.36 0.05 Beat by 0.41
Q4 FY26 −0.99 −1.43 Miss by 0.44
Q1 FY27 −0.60 −0.55 Beat by 0.05
Q2 FY27 −0.33 −0.40 Miss by 0.07
Q3 FY27 −0.08 — Reports 24 November 2026

EPS $

Apr Jul Oct Jan Year
’26 (0.55) (0.40) — — —
’26 (0.58) (0.26) 0.05 (1.59) (2.38)
’25 0.41 (0.19) 0.07 (1.93) (1.63)
’24 1.19 1.38 1.32 1.05 4.93
’23 0.78 1.10 1.82 0.80 4.49
’22 0.47 0.50 0.97 0.99 2.92
’21 0.10 0.28 0.44 0.03 0.86
Fiscal quarters ending in the months shown.

Revenue $m

Apr Jul Oct Jan Year
’26 522 496 — — —
’26 594 546 645 642 2,427
’25 629 634 680 760 2,702
’24 570 643 694 852 2,758
’23 461 497 669 583 2,209
’22 373 378 454 508 1,712
’21 310 303 361 437 1,411
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Apr Jul Oct Jan Year
’26 (23) (2) — — —
’26 6 44 34 54 137
’25 (32) (15) (9) 126 70
’24 (78) (45) 41 50 (32)
’23 5 (26) 14 18 11
’22 27 2 44 87 159
’21 (5) 18 48 112 173
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Apr Jul Oct Jan Year
’26 (24) (3) — — —
’26 1 37 32 51 121
’25 (45) (24) (17) 108 23
’24 (86) (59) 27 30 (88)
’23 1 (35) 3 8 (23)
’22 18 (9) 34 94 137
’21 (11) 14 42 114 159
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jul ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 1,202 1,193 1,262 1,305 1,411 1,712 2,209 2,758 2,702 2,427 2,305 +8.1% 2,107 2,176 2,283 (2.0%)
Gross margin, % 17.79 18.05 18.36 19.22 18.52 19.44 19.91 19.26 14.64 15.76 16.47 (2.0) pt
EBT (23) (14) 16 15 31 87 135 151 (50) (45) (42) +8.0%
EBT margin, % (1.89) (1.21) 1.28 1.12 2.18 5.08 6.12 5.48 (1.85) (1.87) (1.80) 0.0 pt
Net income (15) (7) 12 14 19 66 102 112 (37) (54) (57) +15.7%
Per share, $
Per share, $ Revenue 56.43 55.36 57.84 59.47 63.86 76.98 98.75 122.64 119.53 106.70 100.39 +7.3%
Earnings (0.65) (0.32) 0.55 0.63 0.86 2.92 4.49 4.93 (1.63) (2.38) (2.49) +15.5%
Cash flow 6.62 4.45 2.14 0.04 7.83 7.15 0.48 (1.44) 3.11 6.04 2.72 (1.0%)
Capex (0.47) (0.98) (0.48) (1.03) (0.61) (0.97) (1.50) (2.46) (2.11) (0.73) (0.28) +4.9%
Free cash flow 6.15 3.47 1.66 (0.99) 7.22 6.18 (1.01) (3.89) 1.00 5.32 2.44 (1.6%)
Book value 15.08 14.94 15.37 15.73 16.80 19.57 23.97 29.24 27.16 25.47 24.29 +6.0%
Shares, m 21 22 22 22 22 22 22 22 23 23 23 +0.7%
Valuation, ×
Valuation, × P/E 0.00 0.00 34.70 19.34 25.73 10.51 9.76 5.41 0.00 0.00 0.00 10.5
P/S 0.24 0.39 0.32 0.21 0.34 0.40 0.45 0.22 0.16 0.16 0.21 0.3
P/B 0.92 1.44 1.22 0.78 1.30 1.57 1.83 0.91 0.69 0.66 0.88 1.1
EV/Sales 0.31 0.43 0.30 0.21 0.32 0.36 0.47 0.25 0.22 0.24 0.29 0.3
EV/FCF 2.82 6.81 10.35 (12.74) 2.85 4.51 (45.78) (7.82) 26.58 4.78 11.94 (0.8)
Cash, $m
Cash, $m Operating cash flow 141 96 47 1 173 159 11 (32) 70 137 62 (0.3%)
Capex (10) (21) (10) (23) (13) (22) (33) (55) (48) (17) (6) +5.7%
Free cash flow 131 75 36 (22) 159 137 (23) (88) 23 121 56 (0.9%)
Balance, $m
Balance, $m Working capital 299 271 220 233 263 316 371 367 332 318 283 +0.7%
Net debt 75 46 (34) 8 (29) (66) 53 83 178 194 181 +11.1%
Shareholders’ equity 321 322 335 345 371 435 536 658 614 579 558 +6.8%
Returns, %
Returns, % ROA (1.56) (0.90) 1.57 1.58 2.13 7.38 9.42 6.97 (1.94) (3.16) (3.24) (1.6) pt
ROIC (0.37) 0.16 5.70 3.78 6.84 15.25 14.66 14.24 0.32 (0.54) (0.81) (0.2) pt
ROE (4.30) (2.15) 3.71 4.10 5.31 16.14 20.70 18.58 (5.80) (9.08) (9.71) (4.8) pt
People
People Employees 2,431 2,112 1,661 1,730 2,249 2,436 2,886 3,604 3,648 3,359 — +3.7%
Revenue/emp, $m 0.49 0.56 0.76 0.75 0.63 0.70 0.77 0.77 0.74 0.72 — +4.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Titan Machinery Inc. vs peers in Industrial Distribution (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
REZI Resideo Technologies, Inc. $3.0B 7.8× 13.6× +1.96% (above 0%: growing) n/m −33.89% (below 0%: shrinking) 30.04% 6.61% Compare
DNOW DNOW Inc. $2.5B — (loss-making) — (loss-making) +110.88% (above 0%: growing) −39.13% (below 0%: shrinking) +171.79% (above 0%: growing) 0.00% 0.00% Compare
DXPE DXP Enterprises, Inc. $2.1B 21.5× 26.9× +14.30% (above 0%: growing) +25.36% (above 0%: growing) −48.44% (below 0%: shrinking) 30.74% 8.93% Compare
GIC Global Industrial Company $1.8B 19.6× 19.2× +10.15% (above 0%: growing) +34.17% (above 0%: growing) +96.82% (above 0%: growing) 35.66% 8.40% Compare
DSGR Distribution Solutions Group, Inc. $1.6B 146× 57.3× +10.75% (above 0%: growing) +35.71% (above 0%: growing) −38.86% (below 0%: shrinking) 32.04% 4.40% Compare
BXC BlueLinx Holdings Inc. $522.5M — (loss-making) 298× +8.51% (above 0%: growing) n/m −24.75% (below 0%: shrinking) 16.12% 1.46% Compare
TITN Titan Machinery Inc. $499.8M — (loss-making) — (loss-making) −9.16% (below 0%: shrinking) n/m −107.49% (below 0%: shrinking) 18.61% (0.46%)
EVI EVI Industries, Inc. $274.3M 41.5× 21.9× +10.84% (above 0%: growing) +28.57% (above 0%: growing) +39.24% (above 0%: growing) 31.57% 4.63% Compare
ALTG Alta Equipment Group Inc. $188.8M — (loss-making) — (loss-making) −1.18% (below 0%: shrinking) n/m −46.58% (below 0%: shrinking) 26.12% 2.52% Compare
Median of peers $1.7B 21.5× 24.4× +10.45% +28.57% −29.32% 30.39% 4.51%

All 25 Industrial Distribution stocks →

Pay and ownership Proxy statement filed 29 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 1.54m 1.34m 52.82
2025 1.16m 900.28k 153.32
2024 503.96k 503.96k 218.92
2023 486.88k 486.88k 359.87
2022 483.70k 483.70k 252.25

Ownership

Directors and executive officers, together 10.84%
David Meyer 8.36%
Global X Management CO LLC 7.77%
BlackRock, Inc. 6.54%
Dimensional Fund Advisors LP 5.36%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Titan Machinery Inc. (TITN) Latest News

9 Sep

Impact 3 ·

3 Sep

Impact 3 · · MarketBeat transcript

31 Aug

Impact 4 · · The Motley Fool transcript

27 Aug

Impact 3 · · Moby transcript
Impact 3 ·
Impact 3 · · InvestorsHub
Impact 3 ·
Impact 3 ·

10 Jun

Impact 3 · · Zacks
Impact 3 · · Moby transcript
Impact 3 · · Zacks

9 Jun

Impact 4 · · The Motley Fool transcript
Impact 3 · · GuruFocus.com
Impact 3 · · MarketBeat transcript
Impact 3 · · Zacks
Impact 3 · · InvestorsHub
Impact 3 · · Zacks
Impact 3 · · GlobeNewswire

19 Mar

Impact 4 · · GuruFocus.com
Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
Impact 4 · · Zacks
Impact 4 · · GlobeNewswire
Impact 3 · · Moby
Impact 3 · · Associated Press Finance

16 Feb

Impact 3 · · Insider Monkey

7 Jan

Impact 3 · · GlobeNewswire

5 Jan

Impact 3 · · Simply Wall St.

25 Dec

Impact 4 · · Insider Monkey

25 Nov

Impact 4 · · The Motley Fool
stockrow.com/TITN · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com