TWI Q1 2024 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q1 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$482M-12.1% YoY

Gross Profit

$77M16.0% margin

Operating Income

$25M5.2% margin

Net Income

$9M1.9% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+23.6%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$15M

Stock-Based Comp.

$32,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.2B

Stockholders' Equity

$630M

Cash & Equivalents

$204M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$482M	$549M	-12.1%
Gross Profit	$77M	$96M	-19.0%
Operating Income	$25M	$55M	-54.5%
Net Income	$9M	$32M	-71.1%