TWI Q2 2024 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q2 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$532M+10.6% YoY

Gross Profit

$80M15.1% margin

Operating Income

$22M4.2% margin

Net Income

$2M0.4% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+10.4%

Cash Flow

Operating Cash Flow

$71M

Free Cash Flow

$53M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$609M

Cash & Equivalents

$224M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$532M	$481M	+10.6%
Gross Profit	$80M	$86M	-6.3%
Operating Income	$22M	$46M	-51.4%
Net Income	$2M	$30M	-92.9%