TWI Q1 2021 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q1 2021 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$404M+18.2% YoY

Gross Profit

$53M13.2% margin

Operating Income

$14M3.5% margin

Net Income

$14M3.4% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+23.4%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$25M

Stock-Based Comp.

$570,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$907M

Stockholders' Equity

$168M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$404M	$342M	+18.2%
Gross Profit	$53M	$27M	+95.5%
Operating Income	$14M	-$10M	+248.2%
Net Income	$14M	-$25M	+153.3%

Revenue Segments

Agricultural

$209M52%

Earthmoving/construction

$165M41%

Consumer

$30M7%