TWI Q2 2021 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q2 2021 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$439M+53.3% YoY

Gross Profit

$61M14.0% margin

Operating Income

$24M5.4% margin

Net Income

-$3M-0.6% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$7M

Stock-Based Comp.

$810,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$949M

Stockholders' Equity

$182M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$439M	$286M	+53.3%
Gross Profit	$61M	$30M	+105.8%
Operating Income	$24M	-$3M	+864.9%
Net Income	-$3M	-$5M	+45.0%

Revenue Segments

Agricultural

$232M53%

Earthmoving/construction

$177M40%

Consumer

$30M7%