TWI Q3 2020 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$534M

Q3 2020 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$305M-11.9% YoY

Gross Profit

$31M10.3% margin

Operating Income

-$7M-2.2% margin

Net Income

-$13M-4.1% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$37M

Stock-Based Comp.

$860,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$847M

Stockholders' Equity

$170M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$305M	$346M	-11.9%
Gross Profit	$31M	$27M	+15.6%
Operating Income	-$7M	-$13M	+46.0%
Net Income	-$13M	-$19M	+34.0%

Revenue Segments

Agricultural

$153M50%

Earthmoving/construction

$123M40%

Consumer

$28M9%