TWI Q3 2024 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q3 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$448M+11.5% YoY

Gross Profit

$59M13.1% margin

Operating Income

$3M0.6% margin

Net Income

-$18M-4.1% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

-15.8%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$42M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$598M

Cash & Equivalents

$227M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$448M	$402M	+11.5%
Gross Profit	$59M	$66M	-11.0%
Operating Income	$3M	$27M	-89.6%
Net Income	-$18M	$19M	-194.7%