TWI Q3 2022 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q3 2022 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$531M+17.8% YoY

Gross Profit

$88M16.5% margin

Operating Income

$50M9.5% margin

Net Income

$43M8.1% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$40M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$926M

Stockholders' Equity

$316M

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$531M	$450M	+17.8%
Gross Profit	$88M	$60M	+45.3%
Operating Income	$50M	$23M	+120.5%
Net Income	$43M	$11M	+285.9%

Revenue Segments

Agricultural

$289M55%

Earthmoving/construction

$200M38%

Consumer

$42M8%