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Titan Machinery

Titan Machinery

Stores (Agriculture Segment)

55

FY, 2022

Revenue

$1.7 B

FY, 2022

Market Capitalization

$969.1 M

2023-01-13

Titan Machinery Summary

Company summary

Overview
Titan Machinery is a company that provides agricultural and construction equipment. It operates through three segments: Agriculture, Construction, and International. Its segments sell, service, and rent machinery, and related parts and attachments and provide ancillary sales and services such as equipment transportation, GPS signal subscriptions, and finance and insurance products. The company caters to the agriculture, construction, government, forestry, and commercial application sectors.
Type
Public
Status
Active
Founded
1980
HQ
West Fargo, ND, US | view all locations
Website
https://www.titanmachinery.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key people

  • David Meyer

    David Meyer, Chairman and Chief Executive Officer, Director

    • Mark Kalvoda

      Mark Kalvoda, Chief Financial Officer and Treasurer

    • Steve Noack

      Steve Noack, General Counsel and Corporate Secretary

    • Bryan J. Knutson

      Bryan J. Knutson, President & Chief Operating Officer

      Operating MetricsView all

      Dealerships

      50

      FY, 2022

      Stores (US)

      74
      1.3%

      FY, 2022

      Stores (Europe)

      35
      2.9%

      FY, 2022

      LocationsView all

      10 locations detected

      • West Fargo, ND HQ

        United States

        644 E Beaton Dr

      • Schwechat, Niederösterreich

        Austria

        Office Park 1, Unit B10/02 1300 Vienna Airport

      • Sofia, Sofia City Province

        Bulgaria

        Blvd. Botevgradsko shose No. 455

      • Bad Freienwalde (Oder), BB

        Germany

        Am Polderdamm 10

      • Burkau, SN

        Germany

        Säuritzer Str. W 2

      • Freiberg, SN

        Germany

        Delfter Str. 5

      and 4 others

      Titan Machinery Financials

      Summary financials

      Revenue (Q3, 2023)
      $668.8M
      Gross profit (Q3, 2023)
      $139.6M
      Net income (Q3, 2023)
      $41.3M
      Cash (Q3, 2023)
      $45.9M
      EBIT (Q3, 2023)
      $54.7M
      Enterprise value
      $1.1B

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