TWI Q4 2022 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q4 2022 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$510M+4.5% YoY

Gross Profit

$77M15.0% margin

Operating Income

$41M8.0% margin

Net Income

$42M8.2% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$44M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$901M

Stockholders' Equity

$381M

Cash & Equivalents

$160M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$510M	$488M	+4.5%
Gross Profit	$77M	$63M	+22.7%
Operating Income	$41M	$24M	+68.1%
Net Income	$42M	$28M	+52.3%

Revenue Segments

Agricultural

$275M54%

Earthmoving/construction

$196M38%

Consumer

$39M8%