Titan Machinery Inc. (TITN)

15.6 0.12 (0.78%)

As of 2025-10-16 17:22:49 EST

Titan Machinery, Inc. is one of the largest dealers of agricultural and construction equipment and claims to be the largest dealer for the CNH Industrial brands (Case IH, Case CE, New Holland Agriculture, New Holland Construction) in the world. It is based in West Fargo, North Dakota and has locations throughout the Midwestern United States, Australia, Austria, Bulgaria, Germany, Romania and Ukraine. The company is publicly traded on NASDAQ using the symbol TITN. As of 2023, the company reported a total revenue of US$2.209 billion.

Traded asNasdaq: TITN
ISINUS88830R1014
CIK0001409171
LEI549300835ZM8G0BT5C94
EIN450357838
SectorAgricultural equipment
IndustryRetail-Retail Stores, NEC
CEOBryan Knutson
Employees2,700
Fiscal Year End0131
Address644 EAST BEATON DRIVE, WEST FARGO, ND, 58078
Phone(701) 356-0130
Websitehttp://titanmachinery.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
TITNTitan Machinery Inc.2025-10-16 17:22:4915.60.120.78
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
TITN0001409171Titan Machinery Inc.US88830R1014549300835ZM8G0BT5C94450357838Nasdaq5990Retail-Retail Stores, NEC0131DE644 EAST BEATON DRIVEWEST FARGOND58078UNITED STATESUS(701) 356-0130644 EAST BEATON DRIVE, WEST FARGO, ND, 58078644 EAST BEATON DRIVE, WEST FARGO, ND, 58078Agricultural equipment1980Bryan Knutson2,700http://titanmachinery.com324,400,00023,373,23423,372,977Titan Machinery, Inc. is one of the largest dealers of agricultural and construction equipment and claims to be the largest dealer for the CNH Industrial brands (Case IH, Case CE, New Holland Agriculture, New Holland Construction) in the world. It is based in West Fargo, North Dakota and has locations throughout the Midwestern United States, Australia, Austria, Bulgaria, Germany, Romania and Ukraine. The company is publicly traded on NASDAQ using the symbol TITN. As of 2023, the company reported a total revenue of US$2.209 billion.2025-10-10 21:47:01
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TITN Stock Price (End-of-Day)
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TITN Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2025324,400,000-320,600,000-49.705423,123,573274,7811.2026
2024645,000,00084,800,00015.137522,848,792151,4470.6672
2023560,200,000-7,500,000-1.321122,697,345109,8690.4864
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
David MeyerExecutive Chairman2025500,0000014,008514,008
Bryan KnutsonChief Executive Officer, President2025575,000574,993011,8651,161,858
Robert LarsenChief Financial Officer2025440,000449,995011,600901,595
Robert LarsenChief Financial Officer2024413,333419,999258,74011,3171,103,389
David MeyerChief Executive Officer2024491,6670012,292503,959
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Employee Count
Fiscal YearEmployee Count
20253,340
20243,338
20232,700
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Income Statements
Fiscal Year202520242023
Revenue2,702,122,0002,758,445,0002,209,306,000
Cost Of Revenue2,306,492,0002,227,091,0001,769,467,000
Gross Profit395,630,000531,354,000439,839,000
Research And Development Expenses
General And Administrative Expenses
Operating Expenses389,780,000362,509,000301,516,000
Operating Income4,008,000168,845,000138,323,000
Net Income-36,911,000112,441,000101,868,000
Earnings Per Share Basic-1.634.934.5
Earnings Per Share Diluted-1.634.934.49
Weighted Average Shares Outstanding Basic22,606,00022,493,00022,373,000
Weighted Average Shares Outstanding Diluted22,606,00022,499,00022,380,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents35,898,00038,066,00043,913,000
Marketable Securities Current
Accounts Receivable119,814,000153,657,00095,844,000
Inventories1,108,672,0001,303,030,000703,939,000
Non Trade Receivables
Other Assets Current5,613,0005,212,0004,291,000
Total Assets Current1,292,628,0001,519,015,000869,250,000
Marketable Securities Non Current
Property Plant And Equipment379,690,000298,774,000217,782,000
Other Assets Non Current1,581,0001,783,0001,178,000
Total Assets Non Current408,507,000473,246,000319,445,000
Total Assets1,813,938,0001,992,261,0001,188,695,000
Accounts Payable37,166,00043,846,00040,834,000
Deferred Revenue91,933,000115,852,000119,845,000
Short Term Debt10,920,00013,706,0007,241,000
Other Liabilities Current59,492,00074,400,00058,159,000
Total Liabilities Current960,956,0001,152,401,000498,151,000
Long Term Debt168,687,000120,113,00097,191,000
Other Liabilities Non Current1,838,0002,240,0006,212,000
Total Liabilities Non Current238,905,000182,218,000154,238,000
Total Liabilities1,199,861,0001,334,619,000652,389,000
Common Stock000
Retained Earnings360,314,000397,225,000284,784,000
Accumulated Other Comprehensive Income-8,334,0001,760,000-5,019,000
Total Shareholders Equity614,077,000657,642,000536,306,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization38,601,00031,479,00025,197,000
Share Based Compensation Expense4,292,0003,120,0003,230,000
Other Non Cash Income Expense-3,575,000-7,968,000-9,383,000
Change In Accounts Receivable
Change In Inventories-166,182,000476,389,000180,929,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable
Change In Other Liabilities
Cash From Operating Activities70,291,000-32,280,00010,816,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment
Acquisition Of Business260,000107,548,000100,471,000
Other Investing Activities-199,000597,000139,000
Cash From Investing Activities-47,746,000-163,372,000-134,065,000
Tax Withholding For Share Based Compensation
Payments Of Dividends
Issuance Of Common Stock
Repurchase Of Common Stock
Issuance Of Long Term Debt37,292,00019,599,0008,415,000
Repayment Of Long Term Debt
Other Financing Activities-853,000-1,125,000-1,153,000
Cash From Financing Activities-23,619,000188,577,00021,959,000
Change In Cash-2,168,000-5,847,000-102,236,000
Cash At End Of Period35,898,00038,066,00043,913,000
Income Taxes Paid6,564,00039,844,00026,575,000
Interest Paid48,289,00019,377,0006,519,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-1.634.934.5
Price To Earnings Ratio-11.48475.42199.7644
Earnings Growth Rate-133.06299.555653.5836
Price Earnings To Growth Ratio0.08630.56740.1822
Book Value Per Share27.164329.237623.9711
Price To Book Ratio0.68910.91421.833
Ebitda23,359,000191,067,000160,584,000
Enterprise Value566,893,320696,990,8901,043,588,620
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio0.29250.20350.1947
Capital Expenditures119,517,000112,471,00064,736,000
Free Cash Flow-49,226,000-144,751,000-53,920,000
Return On Equity-0.06010.1710.1899
One Year Beta1.24780.83561.2845
Three Year Beta1.18681.23681.2017
Five Year Beta1.17431.19481.2283
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Meyer David JosephDirector, Chairman2025-06-191,489A144,199
Meyer David JosephDirector, Chairman2025-06-024,322A142,710
MACK RICHARD LDirector2025-06-024,322A46,471
Lewis RichardDirector2025-06-024,322A9,705
Horner Jody LDirector2025-06-024,322A45,925
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
CWM, LLC2025-09-308,00045917.4292
HARBOR CAPITAL ADVISORS, INC.2025-09-304,00023417.094
Farther Finance Advisors, LLC2025-09-302,42714516.7379
Assenagon Asset Management S.A.2025-09-30424,69425,37016.74
GAMMA Investing LLC2025-09-3016,27197216.7397
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap FundCFSLX1,31026,2000.0055
Advisors' Inner Circle Fund III2025-07-31I SharesKCXIX921,777.440.0007
INVESCO EXCHANGE-TRADED FUND TRUST2025-07-31Invesco RAFI US 1500 Small-Mid ETFPRFZ57,0761,102,708.320.0465
Global X Funds2025-07-31Global X Russell 2000 ETFRSSL10,717207,052.440.0157
FIDELITY CONCORD STREET TRUST2025-07-31Fidelity ZERO Total Market Index FundFZROX10,469202,261.080.0007
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