TWI Q2 2020 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$534M

Q2 2020 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$286M-26.7% YoY

Gross Profit

$30M10.4% margin

Operating Income

-$3M-1.1% margin

Net Income

-$5M-1.8% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-16.2%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$453,000

Stock-Based Comp.

$581,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$855M

Stockholders' Equity

$175M

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$286M	$391M	-26.7%
Gross Profit	$30M	$38M	-22.0%
Operating Income	-$3M	-$2M	-27.6%
Net Income	-$5M	-$6M	+21.5%

Revenue Segments

Agricultural

$147M51%

Earthmoving/construction

$112M39%

Consumer

$26M9%