Titan Machinery was founded in 1980 and is headquartered in West Fargo, US

Titan Machinery has an office in West Fargo

West Fargo, US (HQ)

644 E Beaton Dr

Titan Machinery's revenue was reported to be $264.1 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 264.1 m |

## Gross profit (Q1, 2017) | 48.9 m |

## Gross profit margin (Q1, 2017), % | 19% |

## EBIT (Q1, 2017) | (5.4 m) |

## Market capitalization (17-Aug-2017) | 346.2 m |

## Cash (30-Apr-2017) | 56.2 m |

Titan Machinery's current market capitalization is $346.2 m.

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Revenue | 2.2 b | 1.9 b | 1.4 b | 1.2 b |

## Revenue growth, % | (15%) | (28%) | (11%) | |

## Cost of goods sold | 1.9 b | 1.6 b | 1.2 b | 999.4 m |

## Gross profit | 348.1 m | 308.4 m | 205.9 m | 213.7 m |

## Gross profit Margin, % | 16% | 16% | 15% | 18% |

## Operating expense total | 291.2 m | 273.3 m | 220.5 m | |

## EBIT | 46.9 m | 723 k | (23.1 m) | (2.4 m) |

## EBIT margin, % | 2% | 0% | (2%) | (0%) |

## Pre tax profit | 18.4 m | (38.3 m) | (56.2 m) | (22.7 m) |

## Income tax expense | (10.3 m) | (4.9 m) | (18 m) | |

## Net Income | 8.1 m | (33.4 m) | (38.2 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 451 m | 493.1 m | 353.2 m | 334.2 m | 345 m | 284.9 m | 278.3 m | 332.3 m | 264.1 m |

## Cost of goods sold | 371.3 m | 408.5 m | 292.8 m | 272.1 m | 277.8 m | 231.3 m | 225.4 m | 273.8 m | 215.2 m |

## Gross profit | 79.7 m | 84.7 m | 60.4 m | 62.1 m | 67.1 m | 53.5 m | 52.9 m | 58.4 m | 48.9 m |

## Gross profit Margin, % | 18% | 17% | 17% | 19% | 19% | 19% | 19% | 18% | 19% |

## EBIT | 11.7 m | 15.2 m | 1.7 m | 6.8 m | 13.6 m | (1.2 m) | 1.4 m | 5 m | (5.4 m) |

## EBIT margin, % | 3% | 3% | 0% | 2% | 4% | (0%) | 1% | 2% | (2%) |

## Pre tax profit | 1.8 m | 5.7 m | (8.8 m) | (479 k) | 5.7 m | (5.8 m) | (4.5 m) | 56 k | (9.4 m) |

USD | FY, 2012^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Cash | 74.2 m | 127.5 m | 89.5 m | 53.2 m | |

## Accounts Receivable | 101.9 m | ||||

## Inventories | 879.4 m | 1.1 b | 689.5 m | 478.3 m | |

## Current Assets | 1.3 b | 1.1 b | 858.2 m | 607.9 m | |

## PP&E | 228 m | 208.7 m | 183.2 m | 156.6 m | |

## Goodwill | 24.8 m | ||||

## Total Assets | 1.6 b | 1.3 b | 1 b | 771.4 m | |

## Accounts Payable | 17.7 m | 23.7 m | 16.9 m | 17.3 m | |

## Current Liabilities | 875 m | 729.6 m | 523.4 m | 308.8 m | |

## Non-Current Liabilities | 278.3 m | 241.8 m | 186.1 m | 141.4 m | |

## Total Liabilities | 1.2 b | 971.4 m | 709.5 m | 450.2 m | |

## Additional Paid-in Capital | 238.9 m | 240.2 m | 242.5 m | 240.6 m | |

## Retained Earnings | 169.6 m | 137.4 m | 99.5 m | 85.3 m | |

## Total Equity | 411.3 m | 378.4 m | 338.3 m | 321.2 m | |

## Financial Leverage | 3.8 x | 3.6 x | 3.1 x | 2.4 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 89.7 m | 110.2 m | 104.4 m | 95.4 m | 78.4 m | 63.8 m | 51.1 m | 52.4 m | 56.2 m |

## Inventories | 1.1 b | 1.1 b | 880.1 m | 877.8 m | 813.8 m | 684.8 m | 682 m | 607.6 m | 484.1 m |

## Current Assets | 1.3 b | 1.3 b | 1.1 b | 1.1 b | 1 b | 822.5 m | 803.7 m | 743.9 m | 616.5 m |

## PP&E | 233.1 m | 216.9 m | 194.8 m | 186 m | 178.8 m | 177.1 m | 174.6 m | 170 m | 159.8 m |

## Goodwill | 24.8 m | 24.7 m | |||||||

## Total Assets | 1.6 b | 1.6 b | 1.3 b | 1.3 b | 1.2 b | 1 b | 984.8 m | 920.3 m | 782.9 m |

## Accounts Payable | 23.2 m | 26.7 m | 17.5 m | 18.4 m | 23.2 m | 18.3 m | 16.3 m | 22.9 m | 20.1 m |

## Current Liabilities | 973 m | 884.8 m | 710 m | 692.4 m | 613.7 m | 522 m | 507.3 m | 462 m | 328.4 m |

## Non-Current Liabilities | 247.4 m | 283 m | 221.6 m | 218.5 m | 206.1 m | 147.4 m | 147.8 m | 125.9 m | 137.2 m |

## Additional Paid-in Capital | 239.4 m | 240.1 m | 240.5 m | 241.2 m | 242.1 m | 243.7 m | 240.7 m | 242 m | 242.9 m |

## Retained Earnings | 162.4 m | 164.9 m | 131.1 m | 131.1 m | 134.6 m | 95.8 m | 93.3 m | 93.6 m | 78.2 m |

## Total Equity | 404.6 m | 405 m | 366 m | 369.6 m | 373.8 m | 336.6 m | 329.8 m | 332.3 m | 317.3 m |

## Financial Leverage | 4 x | 3.9 x | 3.5 x | 3.5 x | 3.2 x | 3 x | 3 x | 2.8 x | 2.5 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Net Income | 8.1 m | |||

## Depreciation and Amortization | 30.8 m | 31.8 m | 28.5 m | 26.9 m |

## Accounts Receivable | 5.7 m | |||

## Inventories | (182.4 m) | 171.6 m | 197 m | 211.8 m |

## Accounts Payable | 4 m | |||

## Cash From Operating Activities | (50.1 m) | 53.3 m | (38.1 m) | 141 m |

## Cash From Investing Activities | (7.1 m) | 4.4 m | (126 k) | (9.1 m) |

## Long-term Borrowings | (134 m) | (140.7 m) | (116.9 m) | (17.2 m) |

## Cash From Financing Activities | 39.8 m | 9 m | (269 m) | (168 m) |

## Interest Paid | 26.1 m | 30 m | 25.8 m | 20.8 m |

## Income Taxes Paid | 15.7 m | 6.4 m | 7.3 m | (13.1 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Depreciation and Amortization | 14.7 m | 23.9 m | 6.7 m | 13.8 m | 21.6 m | 6.2 m | 12.8 m | 19.9 m | 6.1 m |

## Inventories | (68.3 m) | (2.4 m) | 522 k | 8.9 m | 72.4 m | 9.4 m | 13.6 m | 91.2 m | (3.8 m) |

## Cash From Operating Activities | (79.4 m) | (82.6 m) | 14.3 m | 185.6 m | 198.8 m | (24.9 m) | 60.4 m | 74.4 m | 40.9 m |

## Cash From Investing Activities | (6 m) | 2.5 m | (1.5 m) | (1.5 m) | (360 k) | (672 k) | (7 m) | (9.7 m) | |

## Long-term Borrowings | (5.6 m) | (16.2 m) | (5.7 m) | (44.5 m) | (101.5 m) | (526 k) | (1.3 m) | (1.9 m) | (2.3 m) |

## Cash From Financing Activities | 100.8 m | 116.6 m | (35.3 m) | (215.7 m) | (246.9 m) | (550 k) | (95.4 m) | (104.6 m) | (28.2 m) |

## Interest Paid | 13.8 m | 21 m | 7.7 m | 13.4 m | 18.5 m | 4.7 m | 11.1 m | 15.5 m | 3.4 m |

## Income Taxes Paid | 3.7 m | 5.8 m | 4.1 m | 4.1 m | 5.3 m | (3.3 m) | (12.9 m) | (12.9 m) |

Y, 2017 | |
---|---|

## Financial Leverage | 2.5 x |