Titan Machinery owns and operates a network of full-service agriculture and construction equipment dealerships in the United States and Europe. The Company also represents a varied list of shortline equipment to meet specialized customer demand and niche product needs.

Type
Public
HQ
West Fargo, US
Founded
1980
Size (employees)
2,275 (est)
Titan Machinery was founded in 1980 and is headquartered in West Fargo, US
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Titan Machinery Office Locations

Titan Machinery has an office in West Fargo
West Fargo, US (HQ)
644 E Beaton Dr
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Titan Machinery Financials and Metrics

Titan Machinery Revenue

Titan Machinery's revenue was reported to be $1.21 b in FY, 2017 which is a 11.3% decrease from the previous period.
USD

Revenue (Q1, 2019)

245.7 m

Gross profit (Q1, 2019)

47.6 m

Gross profit margin (Q1, 2019), %

19.4%

Net income (Q1, 2019)

(1.6 m)

EBIT (Q1, 2019)

831 k

Market capitalization (18-Jul-2018)

348.9 m

Closing share price (18-Jul-2018)

15.8

Cash (30-Apr-2018)

57.3 m

EV

293.2 m
Titan Machinery's current market capitalization is $348.9 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.2 b1.9 b1.4 b1.2 b

Revenue growth, %

(15%)(28%)(11%)

Cost of goods sold

1.9 b1.6 b1.2 b999.4 m

Gross profit

348.1 m308.4 m205.9 m213.7 m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

588 m465.5 m451 m493.1 m353.2 m334.2 m345 m284.9 m278.3 m332.3 m264.1 m268.9 m330.3 m245.7 m

Cost of goods sold

494.4 m389.5 m371.3 m408.5 m292.8 m272.1 m277.8 m231.3 m225.4 m273.8 m215.2 m216.1 m268.9 m198.1 m

Gross profit

93.6 m75.9 m79.7 m84.7 m60.4 m62.1 m67.1 m53.5 m52.9 m58.4 m48.9 m52.8 m61.5 m47.6 m

Gross profit Margin, %

16%16%18%17%17%19%19%19%19%18%19%20%19%19%
Annual
USDFY, 2012FY, 2014FY, 2015FY, 2016FY, 2017

Cash

74.2 m127.5 m89.5 m53.2 m

Accounts Receivable

101.9 m

Inventories

879.4 m1.1 b689.5 m478.3 m

Current Assets

1.3 b1.1 b858.2 m607.9 m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

113.4 m82 m89.7 m110.2 m104.4 m95.4 m78.4 m63.8 m51.1 m52.4 m56.2 m57.5 m43.9 m57.3 m

Inventories

1.2 b1.1 b1.1 b1.1 b880.1 m877.8 m813.8 m684.8 m682 m607.6 m484.1 m517.5 m529.8 m518.2 m

Current Assets

1.4 b1.3 b1.3 b1.3 b1.1 b1.1 b1 b822.5 m803.7 m743.9 m616.5 m655.2 m655.7 m653.3 m

PP&E

235.9 m231.8 m233.1 m216.9 m194.8 m186 m178.8 m177.1 m174.6 m170 m159.8 m160.6 m156.4 m146.1 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

8.1 m

Depreciation and Amortization

30.8 m31.8 m28.5 m26.9 m

Inventories

(182.4 m)171.6 m197 m211.8 m

Accounts Payable

4 m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019

Net Income

9.1 m(4.5 m)(1.6 m)

Depreciation and Amortization

23.1 m6.7 m14.7 m23.9 m6.7 m13.8 m21.6 m6.2 m12.8 m19.9 m6.1 m12.3 m5.5 m

Inventories

(287.4 m)(42 m)(68.3 m)(2.4 m)522 k8.9 m72.4 m9.4 m13.6 m91.2 m(3.8 m)(32 m)(42.4 m)

Cash From Operating Activities

(107.4 m)(54.6 m)(79.4 m)(82.6 m)14.3 m185.6 m198.8 m(24.9 m)60.4 m74.4 m40.9 m66.9 m(27 m)
USDY, 2018

EV/EBIT

352.9 x

EV/CFO

-10.9 x

Financial Leverage

2.5 x
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Titan Machinery Online and Social Media Presence

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Titan Machinery Company Life and Culture

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