Titan Historical Income Statement

TWI Stock  USD 11.74  0.20  1.68%   
Historical analysis of Titan International income statement accounts such as Other Operating Expenses of 1.1 B, Operating Income of 156.2 M, EBIT of 157.4 M or Ebitda of 202 M can show how well Titan International performed in making a profits. Evaluating Titan International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Titan International's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Titan International 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 International is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.

About Titan Income Statement Analysis

Titan International 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 International 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 International Income Statement Chart

Titan International 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 International revenue and expense. Titan International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Titan International's Operating Income is increasing as compared to previous years. The Titan International's current EBIT is estimated to increase to about 157.4 M, while Total Revenue is projected to decrease to under 1.1 B.

Total Revenue

Total revenue comprises all receipts Titan International 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 International minus its cost of goods sold. It is profit before Titan International 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 International. It is also known as Titan International 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.

Cost Of Revenue

Cost of Revenue is found on Titan International income statement and represents the costs associated with goods and services Titan International provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Titan International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Titan International 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 International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.As of now, Titan International's Operating Income is increasing as compared to previous years. The Titan International's current EBIT is estimated to increase to about 157.4 M, while Total Revenue is projected to decrease to under 1.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense32.2M29.8M18.8M22.4M
Depreciation And Amortization50.1M68.2M42.4M43.6M

Titan International income statement Correlations

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0.910.730.240.8-0.16-0.32-0.160.780.88-0.22-0.03-0.21-0.040.67-0.090.34-0.420.28-0.17-0.25-0.05-0.13-0.350.23
0.780.730.690.990.350.190.360.990.820.290.030.340.210.70.010.240.110.26-0.03-0.240.040.05-0.05-0.19
0.290.240.690.60.870.750.850.620.30.810.220.830.520.230.02-0.010.72-0.130.260.080.010.10.37-0.63
0.860.80.990.60.210.060.231.00.890.14-0.030.20.120.770.010.25-0.040.33-0.06-0.310.00.01-0.09-0.12
-0.17-0.160.350.870.210.940.960.24-0.170.990.370.960.66-0.240.03-0.110.93-0.420.30.370.10.210.32-0.6
-0.35-0.320.190.750.060.940.980.09-0.30.930.210.920.49-0.310.28-0.370.95-0.530.310.53-0.110.060.35-0.68
-0.17-0.160.360.850.230.960.980.26-0.130.930.210.930.5-0.170.26-0.310.92-0.460.30.45-0.10.060.33-0.69
0.840.780.990.621.00.240.090.260.870.18-0.030.240.140.750.00.260.00.33-0.07-0.30.020.03-0.09-0.14
0.920.880.820.30.89-0.17-0.3-0.130.87-0.23-0.1-0.2-0.070.910.070.17-0.390.37-0.04-0.36-0.17-0.18-0.070.05
-0.23-0.220.290.810.140.990.930.930.18-0.230.480.970.69-0.290.03-0.140.94-0.460.340.410.110.180.26-0.55
-0.07-0.030.030.22-0.030.370.210.21-0.03-0.10.480.330.73-0.26-0.250.180.29-0.420.090.340.29-0.060.050.3
-0.17-0.210.340.830.20.960.920.930.24-0.20.970.330.5-0.210.06-0.150.95-0.310.30.280.090.170.25-0.63
-0.05-0.040.210.520.120.660.490.50.14-0.070.690.730.5-0.28-0.340.280.46-0.390.210.290.380.310.19-0.03
0.790.670.70.230.77-0.24-0.31-0.170.750.91-0.29-0.26-0.21-0.280.120.03-0.340.420.03-0.46-0.25-0.190.09-0.14
-0.18-0.090.010.020.010.030.280.260.00.070.03-0.250.06-0.340.12-0.870.15-0.450.340.56-0.83-0.620.04-0.33
0.410.340.24-0.010.25-0.11-0.37-0.310.260.17-0.140.18-0.150.280.03-0.87-0.320.54-0.53-0.610.870.58-0.160.53
-0.41-0.420.110.72-0.040.930.950.920.0-0.390.940.290.950.46-0.340.15-0.32-0.460.330.43-0.010.120.38-0.68
0.520.280.26-0.130.33-0.42-0.53-0.460.330.37-0.46-0.42-0.31-0.390.42-0.450.54-0.46-0.4-0.940.360.24-0.060.19
-0.17-0.17-0.030.26-0.060.30.310.3-0.07-0.040.340.090.30.210.030.34-0.530.33-0.40.25-0.49-0.090.07-0.59
-0.53-0.25-0.240.08-0.310.370.530.45-0.3-0.360.410.340.280.29-0.460.56-0.610.43-0.940.25-0.45-0.33-0.03-0.12
0.1-0.050.040.010.00.1-0.11-0.10.02-0.170.110.290.090.38-0.25-0.830.87-0.010.36-0.49-0.450.7-0.030.39
-0.02-0.130.050.10.010.210.060.060.03-0.180.18-0.060.170.31-0.19-0.620.580.120.24-0.09-0.330.70.01-0.01
-0.17-0.35-0.050.37-0.090.320.350.33-0.09-0.070.260.050.250.190.090.04-0.160.38-0.060.07-0.03-0.030.01-0.44
0.150.23-0.19-0.63-0.12-0.6-0.68-0.69-0.140.05-0.550.3-0.63-0.03-0.14-0.330.53-0.680.19-0.59-0.120.39-0.01-0.44
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Titan International Account Relationship Matchups

Titan International income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization54.4M54.7M50.1M68.2M42.4M43.6M
Interest Expense33.1M30.6M32.2M29.8M18.8M22.4M
Total Revenue1.4B1.3B1.8B2.2B1.8B1.1B
Gross Profit129.0M114.3M237.5M360.7M305.8M321.1M
Other Operating Expenses1.5B1.3B1.7B2.0B1.7B1.1B
Operating Income(18.9M)(16.6M)85.2M205.8M148.7M156.2M
Ebit(18.9M)(16.6M)85.2M205.8M150.0M157.4M
Ebitda35.5M38.1M135.3M274.0M192.4M202.0M
Cost Of Revenue1.3B1.1B1.5B1.8B1.5B944.2M
Total Operating Expenses157.4M149.7M152.4M154.9M156.3M106.7M
Income Before Tax(48.0M)(58.1M)51.0M202.4M109.7M115.2M
Total Other Income Expense Net(29.1M)(41.6M)(34.1M)(3.4M)(21.0M)(19.9M)
Net Income(51.5M)(65.1M)49.6M176.3M78.8M82.7M
Income Tax Expense3.5M6.9M1.1M23.2M26.0M27.3M
Research Development9.9M9.0M10.1M10.4M12.5M7.2M
Selling General Administrative134.0M128.6M129.1M129.8M133.4M70.2M
Net Income Applicable To Common Shares(50.4M)(60.4M)49.6M176.3M202.7M212.9M
Net Income From Continuing Ops(44.6M)(51.2M)52.2M179.2M128.0M134.4M
Non Recurring10.1M9.9M9.7M10.5M9.4M11.4M
Non Operating Income Net Other(11.2M)4.0M8.7M12.0M13.8M14.5M
Minority Interest3.1M4.7M(305K)(2.9M)(4.6M)(4.8M)
Tax Provision3.5M6.9M1.1M23.2M12.4M9.2M
Interest Income1.1M40.9M19.4M28.0M32.2M18.3M
Net Interest Income(32.0M)(30.6M)(32.2M)(29.8M)(23.1M)(24.3M)
Reconciled Depreciation54.4M54.7M48.0M42.7M42.1M40.9M

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When determining whether Titan International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan International'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 International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Titan International's price analysis, check to measure Titan International'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 International is operating at the current time. Most of Titan International's value examination focuses on studying past and present price action to predict the probability of Titan International'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 International's price. Additionally, you may evaluate how the addition of Titan International to your portfolios can decrease your overall portfolio volatility.
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Is Titan International'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 International. 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 International 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
(0.55)
Earnings Share
1.25
Revenue Per Share
29.171
Quarterly Revenue Growth
(0.23)
Return On Assets
0.072
The market value of Titan International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Titan International'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 International's market value can be influenced by many factors that don't directly affect Titan International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan International'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.