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Titan International, Inc.

TWI Industrials Farm & Heavy Construction Machinery

Revenue
−6.18%
EPS
−1,550.0%
Free cash flow
−49.1%
Total debt
−2.11%

Quarter to September 2026, against a year earlier

4.68 0.19 −3.90%
Market cap
$314.6M
P/E
0.0×
Fwd P/E
−8.9×
Dividend yield
—
F-score
4/9
Altman Z
1.88
Beneish M
−2.67
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 27.22
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 1 — — — — — — — —
Insider Ownership 19.60%

Capital & Financial Ratios $m

Size
Market Cap 314.64
Revenue ttm 1,844.66
Net income ttm (115.51)
Free cash flow ttm (25.66)
Net debt Q 393.35
Valuation
P/E 0.00
Forward P/E (8.86) (negative: loss-making)
Price / sales 0.16
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.65
Financial health
Current ratio Q 2.16 (at or above 1.5: strong)
Debt / equity Q 1.22
Interest coverage Q (0.10)
Growth
Revenue growth Q −6.18% (below 0%: shrinking)
Operating income growth Q −126.10% (below 0%: shrinking)
EPS, this year −12.00% (below 0%: weak)
EPS, next year A +159.82% (at or above 15%: strong)
Revenue, next year A +1.94%
EPS, past 5 yrs —
EPS, next 5 yrs A +31.41% (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 0.4×, against a ten-year median of 0.5×; over the ten years it ranged from 0.3× in 2016 to 0.8× in 2022.
P/S against its own 10 years 13.79%
10-year low 10-year high
P/B against its own 10 years 7.77%
10-year low 10-year high
EV/Sales against its own 10 years 3.78%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
−100.0%/yr
  1. 0.02 ’16
  2. 0.02 ’17 +0
  3. 0.02 ’18 +0
  4. 0.02 ’19 +0
  5. 0.01 ’20 −75
  6. 0.00 ’21 −100
  7. 0.00 ’22
  8. 0.00 ’23
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 220 196 203 173
Receivables 219 212 239 187
Inventory 365 437 471 327
Other — — — —
877 912 986 1,099
2023 2024 2025 Q'26
Payables 201 220 252 178
ST’ Debt 17 12 21 29
Other 139 143 142 130
363 387 428 509

Compound Annual Growth %

10y 5y 3y
Sales 2.74% 7.74% (5.54%)
Cash Flow (7.28%) (12.10%) (42.83%)
Earnings 0.00% 0.00% 0.00%
Book Value 4.23% 24.23% 10.83%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate −0.05 Actual −0.03

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 −0.26 −0.27 Miss by 0.01
Q1 FY26 0.01 0.00 Miss by 0.01
Q2 FY26 −0.04 0.10 Beat by 0.14
Q3 FY26 −0.05 −0.03 Beat by 0.02
Q4 FY26 −0.16 — Reports 25 February 2027

EPS $

Mar Jun Sep Dec Year
’26 (0.38) 0.09 (0.66) — —
’25 (0.01) (0.07) (0.04) (0.88) (1.00)
’24 0.14 0.03 (0.25) 0.02 (0.08)
’23 0.50 0.48 0.31 (0.04) 1.25
’22 0.37 1.06 0.68 0.66 2.77
’21 0.22 (0.04) 0.18 0.44 0.79
’20 (0.42) (0.08) (0.21) (0.28) (0.99)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 505 485 335 — —
’25 491 461 357 520 1,828
’24 482 532 448 384 1,846
’23 549 481 402 390 1,822
’22 556 573 531 510 2,169
’21 404 439 450 488 1,780
’20 342 286 305 327 1,259
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (47) 39 17 — —
’25 (39) 14 42 13 30
’24 2 71 60 9 141
’23 24 65 51 39 179
’22 (19) 67 53 58 161
’21 (16) (2) 15 13 11
’20 4 2 42 10 57
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (60) 27 18 — —
’25 (53) 4 36 (12) (25)
’24 (15) 55 42 (6) 76
’23 13 49 39 18 119
’22 (25) 55 40 44 114
’21 (24) (7) 6 (3) (28)
’20 (2) 0 36 2 36
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1,265 1,469 1,602 1,449 1,259 1,780 2,169 1,822 1,846 1,828 1,845 +4.2% 1,864 1,942 — +3.1%
Gross margin, % 11.17 10.91 12.37 8.91 9.08 13.34 16.63 16.79 13.97 13.86 13.84 +2.7 pt
EBT (36) (53) 20 (48) (58) 51 202 110 8 (11) (31) (12.2%)
EBT margin, % (2.88) (3.60) 1.24 (3.32) (4.62) 2.87 9.33 6.02 0.45 (0.62) (1.67) +2.3 pt
Net income (40) (64) 13 (52) (65) 50 179 84 (4) (61) (116) +4.9%
Per share, $
Per share, $ Revenue 23.47 24.75 26.79 24.10 20.71 28.67 34.41 29.17 26.88 28.70 28.62 +2.3%
Earnings (0.81) (1.12) 0.06 (0.84) (0.99) 0.80 2.80 1.26 (0.08) (1.00) (1.83) +2.4%
Cash flow 0.81 (0.02) (0.60) 0.76 0.94 0.17 2.55 2.87 2.06 0.47 0.35 (5.8%)
Capex (0.78) (0.55) (0.65) (0.61) (0.36) (0.62) (0.75) (0.97) (0.96) (0.86) (0.75) +1.1%
Free cash flow 0.03 (0.57) (1.26) 0.15 0.58 (0.45) 1.80 1.90 1.10 (0.39) (0.40) n/m
Book value 5.43 5.23 4.52 3.98 2.90 3.66 6.08 7.48 7.19 8.19 7.19 +4.7%
Shares, m 54 59 60 60 61 62 63 62 69 64 64 +1.9%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 13.70 5.33 11.79 0.00 0.00 0.00 3.1
P/S 0.48 0.53 0.17 0.15 0.23 0.38 0.43 0.51 0.25 0.27 0.16 0.3
P/B 2.09 2.51 1.03 0.91 1.68 3.00 2.45 1.99 0.94 0.96 0.65 1.8
EV/Sales 0.73 0.74 0.41 0.45 0.51 0.60 0.57 0.62 0.45 0.48 0.38 0.6
EV/FCF 592.97 (32.00) (8.76) 72.05 18.08 (38.02) 10.79 9.56 11.02 (35.58) (27.09) 60.0
Cash, $m
Cash, $m Operating cash flow 44 (1) (36) 45 57 11 161 179 141 30 23 (4.0%)
Capex (42) (33) (39) (36) (22) (39) (47) (61) (66) (55) (48) +3.0%
Free cash flow 2 (34) (75) 9 36 (28) 114 119 76 (25) (26) n/m
Balance, $m
Balance, $m Working capital 363 410 404 324 329 362 463 514 525 558 590 +4.9%
Net debt 308 307 380 433 347 387 286 206 369 383 393 +2.4%
Shareholders’ equity 293 310 270 239 176 227 383 467 494 522 463 +6.6%
Returns, %
Returns, % ROA (3.72) (5.20) 0.31 (4.26) (5.63) 4.48 14.29 6.12 (0.39) (3.90) (6.91) (0.2) pt
ROIC (2.33) (1.13) 4.06 (2.64) (4.22) 8.67 19.22 13.81 2.40 1.43 (0.46) +3.8 pt
ROE (14.79) (22.04) 1.34 (19.78) (29.08) 24.58 57.77 18.52 (1.16) (12.51) (22.59) +2.3 pt
People
People Employees 6,100 6,300 6,300 6,200 6,800 7,500 7,500 6,900 8,303 8,200 — +3.3%
Revenue/emp, $m 0.21 0.23 0.25 0.23 0.19 0.24 0.29 0.26 0.22 0.22 — +0.8%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Titan International, Inc. vs peers in Farm & Heavy Construction Machinery (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
ASTE Astec Industries, Inc. $904.9M 69.3× 22.3× +0.66% (above 0%: growing) n/m +187.80% (above 0%: growing) 23.35% (0.94%) Compare
AEBI Aebi Schmidt Holding AG $902.5M 35.3× 16.8× +78.73% (above 0%: growing) n/m +19.42% (above 0%: growing) 19.60% 5.45% Compare
MTW The Manitowoc Company, Inc. $836.6M 30.0× 29.9× +10.91% (above 0%: growing) +114.29% (above 0%: growing) −84.33% (below 0%: shrinking) 19.84% 5.18% Compare
HY Hyster-Yale, Inc. $538.3M — (loss-making) — (loss-making) −15.49% (below 0%: shrinking) n/m −84.57% (below 0%: shrinking) 15.00% (1.10%) Compare
CMCO Columbus McKinnon Corporation $537.3M — (loss-making) — (loss-making) +106.59% (above 0%: growing) n/m −130.23% (below 0%: shrinking) 34.84% 6.50% Compare
WNC Wabash National Corporation $471.8M — (loss-making) — (loss-making) +24.85% (above 0%: growing) n/m −128.61% (below 0%: shrinking) 3.12% (4.20%) Compare
TWI Titan International, Inc. $314.6M — (loss-making) — (loss-making) −6.18% (below 0%: shrinking) n/m −49.13% (below 0%: shrinking) 14.74% (0.29%)
GENC Gencor Industries Inc. $257.2M 16.4× 16.1× +25.27% (above 0%: growing) +50.00% (above 0%: growing) +29.47% (above 0%: growing) 27.91% 17.16% Compare
BNC BNB Standard Corporation $244.4M 2.2× — (loss-making) −4.57% (below 0%: shrinking) n/m −223.91% (below 0%: shrinking) 27.41% (296.32%) Compare
Median of peers $537.8M 30.0× 19.6× +17.88% — −84.45% 21.60% 2.12%

All 27 Farm & Heavy Construction Machinery stocks →

Pay and ownership Proxy statement filed 29 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 2.45m 2.60m 161.00
2024 2.75m (501.80k) 140.00
2023 3.21m 3.07m 306.00
2022 3.31m 5.07m 315.00
2021 4.55m 5.15m 226.00

Ownership

Directors and executive officers, together 6.10%
AIPCT Intermediate Holdings I LLC450 Lexington Avenue, 13.80%
BlackRock Inc.55 East 10.90%
Donald Smith & Co., Inc.152 West 5.40%
Dimensional Fund Advisors LP6300 Bee Cave Road, Building OneAustin, TX 5.00%
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 International, Inc. (TWI) Latest News

2 Nov

Impact 3 · · The Motley Fool

31 Oct

Impact 3 · · The Motley Fool transcript
Impact 3 · · MarketBeat

30 Oct

Impact 3 · · Moby

29 Oct

Impact 4 · · StockStory
Impact 4 · · PR Newswire
Impact 3 · · StockStory
Impact 3 · · Associated Press

28 Oct

Impact 3 · · StockStory

19 Oct

Impact 3 · · StockStory

30 Sep

Impact 3 · · StockStory

22 Sep

Impact 4 · · Insider Monkey

21 Sep

Impact 4 ·
Impact 4 · · PR Newswire

1 Aug

Impact 3 · · MarketBeat

30 Jul

Impact 4 · transcript
Impact 3 ·
Impact 3 ·

9 Jun

Impact 3 · · StockStory

25 May

Impact 3 · · StockStory

2 May

Impact 4 · · MarketBeat

1 May

Impact 3 · · Moby

30 Apr

Impact 4 · · StockStory
Impact 4 · · PR Newswire
Impact 3 · · InvestorsHub

29 Apr

Impact 3 ·

30 Mar

Impact 4 · · PR Newswire

26 Mar

Impact 4 · · Insider Monkey

25 Mar

Impact 3 ·

18 Mar

Impact 4 · · PR Newswire
stockrow.com/TWI · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com