TWI Q4 2023 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q4 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$390M-23.5% YoY

Gross Profit

$58M14.9% margin

Operating Income

$21M5.3% margin

Net Income

-$3M-0.7% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$822M

Stockholders' Equity

$467M

Cash & Equivalents

$220M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$390M	$510M	-23.5%
Gross Profit	$58M	$77M	-24.0%
Operating Income	$21M	$41M	-49.3%
Net Income	-$3M	$42M	-106.1%

Revenue Segments

Agricultural

$193M49%

Earthmoving/construction

$159M41%

Consumer

$39M10%