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TITAN INTERNATIONAL INC (TWI) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $11.03 Metrics
OS: 62.7 M
Market cap: $692 M
Net debt: $430 M 1.7 x Debt/EBITDA
EV: $1.12 B

 
TTM Valuation
EBITDA $249 M 4.5 x EV/EBITDA
EBIT
EPS

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues2,169.41,780.21,259.31,448.71,602.41,468.91,265.51,394.8
            Revenue growth21.9%41.4%-13.1%-9.6%9.1%16.1%-9.3%-26.4%
Cost of goods sold1,808.71,542.71,130.21,319.71,404.11,298.71,124.11,260.0
Gross profit360.7237.5129.1129.0198.3170.2141.4134.7
            Gross margin16.6%13.3%10.3%8.9%12.4%11.6%11.2%9.7%
Selling, general and administrative132.8131.8130.9137.7134.8150.7145.0140.4
Research and development10.410.19.09.911.110.310.011.2
EBITA206.285.8-33.1-26.244.51.8-20.2-24.3
            EBITA margin9.5%4.8%-2.6%-1.8%2.8%0.1%-1.6%-1.7%
Amortization of intangibles0.40.62.32.22.33.02.23.0
EBIT205.885.2-35.4-28.442.2-1.2-22.4-27.3
            EBIT margin9.5%4.8%-2.8%-2.0%2.6%-0.1%-1.8%-2.0%
Pre-tax income202.451.0-58.1-48.019.8-52.9-36.5-55.1
Income taxes23.21.16.93.56.811.23.334.8
            Tax rate11.4%2.3%  34.1%   
Net income176.349.6-60.4-50.43.9-66.4-47.2-92.8
            Net margin8.1%2.8%-4.8%-3.5%0.2%-4.5%-3.7%-6.7%
 
Diluted EPS$2.77$0.79($0.99)($0.84)$0.06($1.12)($0.87)($1.73)
Shares outstanding (diluted)63.762.760.860.159.959.353.953.7
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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