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Titan International

OverviewSuggest Edit

Titan International, the leader of both Titan and Goodyear Farm Tire brands, offers a full line of wheels, tires and undercarriage products for a wide variety of off-the-road equipment. With a network of dealers all over the world, Titan is a global brand that original equipment manufacturers and operators can count on for durable products and quality service.
TypePublic
HQQuincy, IL, USMap
Websitetitan-intl.com
Employee Ratings2.8More
Overall CultureCMore
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Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)6,200(-1%)
Revenue (FY, 2019)$1.4 B(-9%)
Share Price (Jan 2021)$7.1 (+6%)
Cybersecurity ratingDMore

Key People/Management at Titan International

Paul G. Reitz

Paul G. Reitz

President and Chief Executive Officer
Todd A. Shoot

Todd A. Shoot

Senior Vice President, Investor Relations & Treasurer
David A. Martin

David A. Martin

Senior Vice President and Chief Financial Officer
Amy S. Evans

Amy S. Evans

Vice President and Chief Accounting Officer
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Titan International Office Locations

Titan International has offices in Quincy, Bryan, Des Moines, Freeport and in 4 other locations
Quincy, IL, US (HQ)
2701 Spruce St
Bryan, OH, US
927 S Union St
Des Moines, IA, US
2345 E Market St
Freeport, IL, US
3769 US-20
Saltville, VA, US
227 Allison Gap Rd
West Chicago, IL, US
1525 Kautz Rd #600
Show all (8)

Titan International Financials and Metrics

Titan International Revenue

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View revenue for all periods
Titan International's revenue was reported to be $1.45 b in FY, 2019
USD

Revenue (Q3, 2020)

304.8m

Gross profit (Q3, 2020)

31.3m

Gross profit margin (Q3, 2020), %

10.3%

Net income (Q3, 2020)

(13.5m)

EBIT (Q3, 2020)

(6.8m)

Market capitalization (14-Jan-2021)

436.4m

Closing stock price (14-Jan-2021)

7.1

Cash (30-Sept-2020)

98.8m

EV

802.0m
Titan International's current market capitalization is $436.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.5b1.8b2.2b1.9b1.4b1.3b1.5b1.6b1.4b

Revenue growth, %

(14%)(25%)(9%)

Cost of goods sold

1.3b1.5b1.9b1.7b1.3b1.1b1.3b1.4b1.3b

Gross profit

232.1m294.1m295.2m180.6m137.8m142.5m168.2m198.3m129.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

404.4m398.8m463.1m459.2m404.7m578.4m593.3m497.5m538.9m523.7m449.6m402.1m376.1m308.8m321.8m330.2m306.2m357.5m364.4m371.0m425.4m428.9m384.7m410.4m390.6m345.9m341.5m286.1m304.8m

Cost of goods sold

340.1m345.8m369.7m377.1m337.6m481.6m506.6m435.0m484.4m466.4m404.3m359.3m325.0m282.7m289.9m285.1m273.2m317.8m320.8m331.3m365.8m370.6m341.0m365.1m352.3m318.8m311.7m255.3m273.5m

Gross profit

64.3m53.0m93.4m82.1m67.2m96.8m86.7m62.5m54.6m57.4m45.3m42.8m51.1m26.2m31.9m45.1m33.0m39.7m43.6m39.7m59.6m58.3m43.7m45.3m38.3m27.1m29.8m30.9m31.3m

Gross profit Margin, %

16%13%20%18%17%17%15%13%10%11%10%11%14%8%10%14%11%11%12%11%14%14%11%11%10%8%9%11%10%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

129.2m189.1m189.4m201.5m200.2m147.8m143.6m81.7m66.8m

Accounts Receivable

189.5m297.8m263.1m199.4m177.4m179.4m226.7m241.8m185.2m

Prepaid Expenses

28.2m75.1m114.3m80.2m62.6m73.1m60.2m58.9m

Inventories

190.9m366.4m384.9m331.4m269.8m269.3m339.8m395.7m333.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

114.2m94.3m129.3m149.5m134.9m508.4m424.4m447.5m200.1m163.0m180.3m190.6m187.5m193.8m191.1m207.2m215.5m131.2m143.2m155.7m112.4m106.5m96.8m68.3m66.4m78.6m60.4m80.2m98.8m

Accounts Receivable

243.5m213.9m245.9m237.4m228.4m329.4m335.9m290.2m328.0m302.5m248.3m239.5m224.7m183.8m216.4m196.7m184.4m232.2m219.9m236.2m294.5m282.4m259.4m295.3m272.0m221.2m212.0m192.4m192.8m

Prepaid Expenses

29.7m31.1m31.5m38.6m45.3m74.9m87.6m97.3m86.3m80.6m91.4m74.1m74.8m70.3m60.8m72.4m77.0m78.3m78.4m62.6m75.6m74.6m66.6m61.6m62.5m80.7m60.5m74.1m56.0m

Inventories

174.4m183.2m214.2m214.9m247.8m378.4m369.0m375.9m394.6m386.7m375.3m307.3m306.1m287.1m265.2m273.7m278.1m292.4m323.5m331.4m368.4m372.7m382.0m412.2m385.4m351.9m306.1m294.5m284.2m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

58.2m95.6m29.7m(130.4m)(90.3m)(36.1m)(64.1m)13.0m(51.5m)

Depreciation and Amortization

44.9m54.1m80.6m88.7m69.6m59.8m58.4m57.6m54.4m

Inventories

(55.6m)23.9m(30.3m)20.9m31.3m4.4m(55.6m)(77.9m)63.7m

Accounts Payable

45.0m(44.5m)9.5m(23.8m)1.4m21.0m37.6m29.4m(53.2m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

22.5m43.7m35.4m79.5m99.1m19.5m42.7m49.9m(5.1m)(30.0m)(47.0m)(1.1m)3.2m(34.4m)(8.7m)(11.2m)(22.1m)(10.6m)(17.1m)(28.3m)14.7m20.4m27.1m1.0m(5.7m)(25.7m)(27.5m)(32.1m)(45.6m)

Depreciation and Amortization

21.1m32.8m11.8m23.6m35.9m20.0m40.0m56.3m23.3m46.8m67.8m18.5m36.6m53.0m15.2m30.6m44.9m14.5m29.5m44.0m15.3m30.2m43.4m14.7m27.8m41.3m13.8m27.1m40.4m

Inventories

35.0m47.4m(22.4m)(26.3m)(36.9m)(16.3m)(14.6m)(18.6m)(7.0m)(3.0m)(6.1m)6.0m8.7m13.5m12.0m5.3m1.8m(14.5m)(43.7m)(46.1m)(26.1m)(47.6m)(62.6m)(17.6m)14.3m36.9m6.6m23.1m36.7m

Accounts Payable

77.7m69.5m35.3m37.3m25.9m33.9m42.0m23.3m34.0m15.0m(5.5m)24.1m4.4m4.6m9.7m15.0m21.3m34.3m33.1m26.4m29.8m39.6m25.2m39.4m(3.9m)(25.0m)34.0m(11.6m)2.4m
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USDQ2, 2011

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.7 x
Show all financial metrics

Titan International Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

Learn more about our premium products
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Titan International Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
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Titan International Online and Social Media Presence

Titan International's Trends

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Titan International Company Culture

  • Overall Culture

    C

    64/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A-

    78/100

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Titan International News and Updates

August 06, 2020

Titan International, Inc. Reports Second Quarter 2020 Results

QUINCY, Ill., Aug. 6, 2020 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported results for the second quarter ended June 30, 2020. Net sales for the second quarter of 2020...
March 13, 2020

Titan International, Inc. Announces First Quarter 2020 Cash Dividend

QUINCY, Ill., March 13, 2020 /PRNewswire/ -- The Board of Directors of Titan International, Inc. has approved a quarterly cash dividend of $.005 (one half cent) per common share for the first quarter of 2020. The cash dividend is payable Wednesday, April 15, 2020, to stockholders of...
December 13, 2019

Titan International, Inc. Announces Fourth Quarter 2019 Cash Dividend

QUINCY, Ill., Dec. 13, 2019 /PRNewswire/ -- The Board of Directors of Titan International, Inc. has approved a quarterly cash dividend of $.005 (one half cent) per common share for the fourth quarter of 2019. The cash dividend is payable Wednesday, January 15, 2020, to stockholders of...
July 18, 2019

Titan International, Inc. To Announce Second Quarter 2019 Financial Results On August 1

QUINCY, Ill., July 18, 2019 /PRNewswire/ -- Titan International, Inc. will release its second quarter 2019 financial results on Thursday, August 1, to be followed by a teleconference and webcast at 9:00 a.m. Eastern Time. The real-time, listen-only webcast can be accessed on our website...
June 13, 2019

Titan International, Inc. Announces Appointment of Max A. Guinn to Board of Directors

QUINCY, Ill., June 13, 2019 /PRNewswire/ -- Titan International, Inc. ("Titan") announced today that Max A. Guinn, 60, has been appointed to Titan's Board of Directors (the "Board"), effective June 12, 2019. Mr. Guinn was also appointed to serve as a member of the Audit Committee of the...
June 13, 2019

Titan International, Inc. Announces Appointment of Max A. Guinn to Board of Directors

QUINCY, Ill., June 13, 2019 /PRNewswire/ -- Titan International, Inc. ("Titan") announced today that Max A. Guinn, 60, has been appointed to Titan's Board of Directors (the "Board"), effective June 12, 2019. Mr. Guinn was also appointed to serve as a member of the Audit Committee of the...
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 Titan International Frequently Asked Questions

  • Who are Titan International key executives?

    Titan International's key executives are Paul G. Reitz, Todd A. Shoot and David A. Martin.

  • How many employees does Titan International have?

    Titan International has 6,200 employees.

  • What is Titan International revenue?

    Latest Titan International annual revenue is $1.4 b.

  • What is Titan International revenue per employee?

    Latest Titan International revenue per employee is $233.7 k.

  • Who are Titan International competitors?

    Competitors of Titan International include Sogefi, Cedar Rapids Tire and XStream Trucking.

  • Where is Titan International headquarters?

    Titan International headquarters is located at 2701 Spruce St, Quincy.

  • Where are Titan International offices?

    Titan International has offices in Quincy, Bryan, Des Moines, Freeport and in 4 other locations.

  • How many offices does Titan International have?

    Titan International has 8 offices.