Name: TWI Income Statement - Titan International Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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TWI - Titan International Inc.

USD | NYSE | Basic Materials

TWI Income Statement - Titan International Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	505.1	410.4	466.5	460.8	490.7	383.6	448.0	532.2	482.2	390.2	401.8	481.2	548.6	509.8	530.7	572.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	1,842.8	1,828.4	1,845.9	1,821.8	2,169.4	1,780.2	1,259.3	1,448.7	1,602.4	1,468.9	1,265.5	1,394.8	1,895.5	2,163.6	1,820.7	1,487.0	881.6	881.6
Cost of Revenue	1,586.5	1,575.0	1,588.1	1,516.0	1,808.7	1,542.7	1,130.2	1,319.7	1,404.1	1,298.7	1,124.1	1,260.0	1,754.9	1,868.4	1,526.5	1,254.9	777.5
Gross Profit	256.3	253.5	257.8	305.8	360.7	237.5	129.1	129.0	198.3	170.2	141.4	134.7	140.6	295.2	294.1	232.1	104.1
Operating Expenses
Research & Development	19.1	18.3	16.5	12.5	10.4	10.1	9.0	9.9	11.1	10.3	10.0	11.2	14.0	11.2	7.1
Operating Income
Operating Income	(4.8)	20.8	33.2	148.7	205.8	85.2	(35.4)	(28.4)	42.2	(11.2)	(22.4)	(27.3)	(97.6)	102.4
Non-Operating
Interest Income	10.7	10.7	11.0	10.4	2.4	-	-	1.1	2.1	3.4	3.2	2.7	3.0	-	-	-
Tax & Net
Income Tax Expense	50.3	49.9	11.9	26.0	23.2	1.1	6.9	3.5	6.8	11.2	3.3	34.8	(21.8)	25.0	86.6
Per Share
EPS Basic	(1.36)	(1.00)	(0.08)	1.26	2.80	0.80	(0.99)	(0.84)	0.06	(1.12)	(0.87)	(1.73)	(2.43)	0.66	2.47	1.40
Supplementary Data
EBITDA	63.5	87.9	93.9	191.2	248.5	133.2	19.3	25.9	99.9	47.3	37.4	42.3	(8.9)	183.0	228.8	177.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	5.3	4.9	4.6	4.3	4.5	4.4	4.2	4.2	3.7	3.1	3.2	3.2	3.0	2.8	2.4	2.2	2.9	2.7	2.4	2.5	2.6	2.2	2.2	2.1	2.4	2.4	2.3	2.5	2.6	2.9	2.6	2.8	2.9	2.4	2.5	2.6	2.8	2.2	2.6	2.7
Selling General & Administrative	52.4	47.9	53.1	52.4	49.9	51.3	49.5	51.6	39.4	32.0	33.6	34.9	34.5	30.5	31.4	34.7
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	17.1	21.2	15.0	15.0	15.9	21.7	12.7	14.3	12.0	11.6	9.6	10.4	10.8	-	-	-
Amortization of Intangibles	0.3	0.4	0.4	0.3	0.3	0.7	(0.3)	0.9	0.2	0.1	0.2	0.1	0.2	-	-	-	0.1
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Operating Income
Operating Income	(13.8)	(10.9)	9.7	10.2	11.8	(17.0)	2.8	22.3	25.1	20.7	27.0	45.9	55.1	40.9	50.5	69.7	44.7	24.3	22.9	23.7	14.2	(15.8)	(6.8)	(3.1)	(9.6)	(17.5)	(12.6)	(2.4)	4.1	(0.9)	4.8	19.0	19.4	(4.3)	(4.7)	4.4	(6.6)	(7.1)	(6.3)	2.6

Tax & Net
Income Tax Expense	4.6	39.9	1.1	4.7	4.2	(26.2)	12.9	15.5	9.7	(2.3)	4.7	9.4	14.2	(16.0)	11.4	19.0	8.7	(8.8)	5.3	2.0	2.6	4.6	0.3	2.0	0.1	2.7	2.1	(3.2)	1.9	3.0	2.8	1.7	(0.8)	5.2	2.4	0.1	3.4	0.7	(2.1)	3.6
Net Income From Continuing Ops	(24.3)	(55.1)	(2.5)	(3.6)	0.0	1.2	(18.2)	3.4	10.0	(1.3)	19.7	31.9	33.4	43.0	42.7	68.9	24.6
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	(24.3)	(55.1)	(2.5)	(3.6)	0.0	1.2	(18.2)	3.4	10.0	(1.3)	19.7	31.9	33.4	43.0	42.7	68.9	24.6
Net Income Attributable To Parent	(24.2)	(56.0)	(2.3)	(4.5)	(0.6)	1.3	(18.2)	2.1	9.2	(2.6)	19.3	30.2	31.8	42.0	43.2	67.2
Less: Minority Interest	(0.0)	0.9	(0.2)	0.9	0.7	(0.1)	0.1	1.3	0.8	1.3	0.4	1.7	1.6	0.9	(0.5)	1.8	0.7
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	(24.2)	(56.0)	(2.3)	(4.5)	(0.6)	1.3	(18.2)	2.1	9.2	(2.6)	19.3	30.2	31.8	42.0	43.2

Per Share
EPS Basic	(0.38)	-	(0.04)	(0.07)	(0.01)	-	(0.25)	0.03	0.14	-	0.31	0.48	0.51	-	0.69	1.07	0.37	-	0.18	(0.04)	0.22	-	(0.21)	(0.08)	(0.42)	-	(0.33)	(0.12)	0.02	-	(0.03)	0.06	0.26	-	(0.22)	(0.17)	(0.18)	-	(0.17)	(0.10)
EPS Diluted	(0.38)	-	(0.04)	(0.07)	(0.01)	-	(0.25)	0.03	0.14	-	0.31	0.48	0.50	-	0.68	1.06	0.37	-
Shares Basic	64.1	-	63.9	63.7	63.3	-	72.0	72.7	64.9	-	62.6	62.9	62.9	-	62.8	62.7	63.9	-
Shares Diluted	64.1	-	63.9	63.7	63.3	-	72.0	73.1	65.7	-	63.1	63.2	63.6	-	63.2	63.2	64.4	-

Supplementary Data
EBITDA	3.3	10.3	24.7	25.2	27.7	4.7	15.5	36.6	37.1	32.3	36.6	56.3	66.0	-	-	-	56.1	-	-	-	26.8	-	-	-	4.2	-	-	-	18.8	-	-	-	34.7	(28.7)	36.3	31.8	7.9	(33.6)	35.8	31.5
EBIT	(13.8)	(10.9)	9.7	10.2	11.8	(17.0)	2.8	22.3	25.1	20.7	27.0	45.9	55.1	40.9	50.5	69.7	44.7	24.3	22.9

Non-Operating
Interest Income	2.2	3.0	3.0	2.5	2.2	2.5	3.1	2.5	2.9	-	3.3	-	-	-	-	-	-	-	-	-	-	-	-	0.1	0.1	0.3	0.2	0.3	0.3	0.5	0.5	0.5	0.6	0.7	0.9	0.8	1.0	1.0	0.9	0.8
Interest Expense	9.9	9.8	9.7	9.7	9.5	14.7	9.0	7.2	5.5	(0.7)	7.2	5.8	6.5	7.0	7.2	7.7	7.9	8.3
Income From Equity Investments	0.2	0.5	0.2	0.2	0.2	0.3	0.2	0.2	0.3	0.2	0.2	0.3	0.5	0.3	0.0	0.3
Other Non-Operating Income	0.9	1.1	(2.4)	1.1	1.1	2.6	0.4	3.3	0.4	1.0	0.5	1.2	0.0	(9.3)	9.7	23.7	1.3
Pre-Tax Income	(19.6)	(15.2)	(1.4)	1.1	4.3	(25.0)	(5.3)	18.9	19.7	(3.6)	24.4	41.3	47.6	27.0	54.2	87.9