TWI Q3 2021 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$534M

Q3 2021 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$450M+47.8% YoY

Gross Profit

$60M13.4% margin

Operating Income

$23M5.1% margin

Net Income

$11M2.5% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$6M

Stock-Based Comp.

$649,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$970M

Stockholders' Equity

$178M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$450M	$305M	+47.8%
Gross Profit	$60M	$31M	+92.5%
Operating Income	$23M	-$7M	+436.4%
Net Income	$11M	-$13M	+188.5%

Revenue Segments

Agricultural

$244M54%

Earthmoving/construction

$168M37%

Consumer

$38M8%