Titan Historical Income Statement
| TITN Stock | USD 22.82 0.40 1.78% |
Historical analysis of Titan Machinery income statement accounts such as Operating Income of 178.4 M, Ebit of 178.4 M, EBITDA of 211.5 M or Cost Of Revenue of 1.1 B can show how well Titan Machinery performed in making a profits. Evaluating Titan Machinery income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Titan Machinery's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Titan Machinery latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Titan Machinery is a good buy for the upcoming year.
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About Titan Income Statement Analysis
Titan Machinery Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Titan Machinery shareholders. The income statement also shows Titan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Titan Machinery Income Statement Chart
Titan Machinery Income Statement is one of the three primary financial statements used for reporting Titan's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Titan Machinery revenue and expense. Titan Machinery Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Titan Machinery's Net Income is very stable compared to the past year. As of the 5th of May 2024, Income Tax Expense is likely to grow to about 40.5 M, while Interest Expense is likely to drop about 13.6 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Titan Machinery generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Titan Machinery minus its cost of goods sold. It is profit before Titan Machinery operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Titan Machinery. It is also known as Titan Machinery overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Titan Machinery's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Titan Machinery current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.At this time, Titan Machinery's Net Income is very stable compared to the past year. As of the 5th of May 2024, Income Tax Expense is likely to grow to about 40.5 M, while Interest Expense is likely to drop about 13.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 332.7M | 439.8M | 510.1M | 535.6M | Total Revenue | 1.7B | 2.2B | 2.8B | 2.9B |
Titan Machinery income statement Correlations
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Titan Machinery Account Relationship Matchups
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Titan Machinery income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 9.8M | 7.2M | 5.7M | 6.9M | 21.1M | 13.6M | |
| Total Revenue | 1.3B | 1.4B | 1.7B | 2.2B | 2.8B | 2.9B | |
| Gross Profit | 250.8M | 261.4M | 332.7M | 439.8M | 510.1M | 535.6M | |
| Other Operating Expenses | 1.3B | 1.4B | 1.6B | 2.1B | 2.6B | 1.3B | |
| Operating Income | 21.3M | 37.4M | 90.2M | 138.3M | 169.9M | 178.4M | |
| Ebit | 21.3M | 37.4M | 90.2M | 138.3M | 169.9M | 178.4M | |
| Ebitda | 56.3M | 64.8M | 116.3M | 167.4M | 201.4M | 211.5M | |
| Cost Of Revenue | 1.1B | 1.1B | 1.4B | 1.8B | 2.2B | 1.1B | |
| Total Operating Expenses | 225.7M | 220.8M | 241.0M | 301.5M | 340.1M | 190.8M | |
| Income Before Tax | 14.7M | 30.8M | 86.9M | 135.2M | 151.0M | 158.6M | |
| Total Other Income Expense Net | (6.7M) | (6.7M) | (3.3M) | (3.1M) | (18.9M) | (18.0M) | |
| Net Income | 14.0M | 19.4M | 66.0M | 101.9M | 110.9M | 116.5M | |
| Income Tax Expense | 699K | 11.4M | 20.9M | 33.4M | 38.6M | 40.5M | |
| Depreciation And Amortization | 35.0M | 27.4M | 26.1M | 29.1M | 31.5M | 21.0M | |
| Net Income Applicable To Common Shares | 12.0M | 13.7M | 19.4M | 66.0M | 76.0M | 79.8M | |
| Net Income From Continuing Ops | 14.0M | 19.4M | 66.0M | 101.9M | 117.1M | 123.0M | |
| Non Operating Income Net Other | 2.5M | 3.1M | 527K | 2.4M | 2.8M | 2.9M | |
| Non Recurring | 2.6M | 3.8M | 3.2M | 1.5M | 1.3M | 1.3M | |
| Tax Provision | 699K | 11.4M | 20.9M | 33.4M | 38.4M | 40.3M | |
| Interest Income | 3.1M | 527K | 2.4M | 3.9M | 3.5M | 4.9M | |
| Net Interest Income | (6.7M) | (6.7M) | (3.3M) | (3.1M) | (3.5M) | (3.7M) | |
| Reconciled Depreciation | 28.1M | 23.7M | 22.1M | 25.2M | 22.7M | 19.7M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Titan Machinery in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Titan Machinery's short interest history, or implied volatility extrapolated from Titan Machinery options trading.
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When determining whether Titan Machinery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan Machinery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan Machinery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan Machinery Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running Titan Machinery's price analysis, check to measure Titan Machinery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Titan Machinery is operating at the current time. Most of Titan Machinery's value examination focuses on studying past and present price action to predict the probability of Titan Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan Machinery's price. Additionally, you may evaluate how the addition of Titan Machinery to your portfolios can decrease your overall portfolio volatility.
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Is Titan Machinery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan Machinery. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.326 | Earnings Share 4.93 | Revenue Per Share 122.636 | Quarterly Revenue Growth 0.462 | Return On Assets 0.0664 |
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.