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Titan Machinery

Manufacturing & Industrialagricultureconstruction equipmentmachinery

Our Shared Resource headquarters is based in the heart of the Red River Valley in West Fargo, ND. The 92 stores are located in 11 states: Arizona, Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, Wisconsin and Wyoming. Titan Machinery is a dealer for Case IH, Case Construction, New Holland Agriculture, and New Holland Construction. We also represent a varied list of shortline equipment to meet specialized customer demand and niche product needs.

Revenue(Q1, 2017)
$264.1 M
Market capitalization(2017-08-17)
$346.2 M
Company Growth (employees)
Type
Public
HQ
West Fargo, US
Founded
1980
Size (employees)
2,352 (est)
Website
titanmachinery.com
Titan Machinery was founded in 1980 and is headquartered in West Fargo, US

Titan Machinery Office Locations

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

Titan Machinery Data and Metrics

Titan Machinery Financial Metrics

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.
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

Gross profit Margin, %

16%16%15%18%

Operating expense total

291.2 m273.3 m220.5 m

EBIT

46.9 m723 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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

451 m493.1 m353.2 m334.2 m345 m284.9 m278.3 m332.3 m264.1 m

Cost of goods sold

371.3 m408.5 m292.8 m272.1 m277.8 m231.3 m225.4 m273.8 m215.2 m

Gross profit

79.7 m84.7 m60.4 m62.1 m67.1 m53.5 m52.9 m58.4 m48.9 m

Gross profit Margin, %

18%17%17%19%19%19%19%18%19%

EBIT

11.7 m15.2 m1.7 m6.8 m13.6 m(1.2 m)1.4 m5 m(5.4 m)

EBIT margin, %

3%3%0%2%4%(0%)1%2%(2%)

Pre tax profit

1.8 m5.7 m(8.8 m)(479 k)5.7 m(5.8 m)(4.5 m)56 k(9.4 m)
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

PP&E

228 m208.7 m183.2 m156.6 m

Goodwill

24.8 m

Total Assets

1.6 b1.3 b1 b771.4 m

Accounts Payable

17.7 m23.7 m16.9 m17.3 m

Current Liabilities

875 m729.6 m523.4 m308.8 m

Non-Current Liabilities

278.3 m241.8 m186.1 m141.4 m

Total Liabilities

1.2 b971.4 m709.5 m450.2 m

Additional Paid-in Capital

238.9 m240.2 m242.5 m240.6 m

Retained Earnings

169.6 m137.4 m99.5 m85.3 m

Total Equity

411.3 m378.4 m338.3 m321.2 m

Financial Leverage

3.8 x3.6 x3.1 x2.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

89.7 m110.2 m104.4 m95.4 m78.4 m63.8 m51.1 m52.4 m56.2 m

Inventories

1.1 b1.1 b880.1 m877.8 m813.8 m684.8 m682 m607.6 m484.1 m

Current Assets

1.3 b1.3 b1.1 b1.1 b1 b822.5 m803.7 m743.9 m616.5 m

PP&E

233.1 m216.9 m194.8 m186 m178.8 m177.1 m174.6 m170 m159.8 m

Goodwill

24.8 m24.7 m

Total Assets

1.6 b1.6 b1.3 b1.3 b1.2 b1 b984.8 m920.3 m782.9 m

Accounts Payable

23.2 m26.7 m17.5 m18.4 m23.2 m18.3 m16.3 m22.9 m20.1 m

Current Liabilities

973 m884.8 m710 m692.4 m613.7 m522 m507.3 m462 m328.4 m

Non-Current Liabilities

247.4 m283 m221.6 m218.5 m206.1 m147.4 m147.8 m125.9 m137.2 m

Additional Paid-in Capital

239.4 m240.1 m240.5 m241.2 m242.1 m243.7 m240.7 m242 m242.9 m

Retained Earnings

162.4 m164.9 m131.1 m131.1 m134.6 m95.8 m93.3 m93.6 m78.2 m

Total Equity

404.6 m405 m366 m369.6 m373.8 m336.6 m329.8 m332.3 m317.3 m

Financial Leverage

4 x3.9 x3.5 x3.5 x3.2 x3 x3 x2.8 x2.5 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

8.1 m

Depreciation and Amortization

30.8 m31.8 m28.5 m26.9 m

Accounts Receivable

5.7 m

Inventories

(182.4 m)171.6 m197 m211.8 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 m9 m(269 m)(168 m)

Interest Paid

26.1 m30 m25.8 m20.8 m

Income Taxes Paid

15.7 m6.4 m7.3 m(13.1 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Depreciation and Amortization

14.7 m23.9 m6.7 m13.8 m21.6 m6.2 m12.8 m19.9 m6.1 m

Inventories

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

Cash From Operating Activities

(79.4 m)(82.6 m)14.3 m185.6 m198.8 m(24.9 m)60.4 m74.4 m40.9 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 m116.6 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 m21 m7.7 m13.4 m18.5 m4.7 m11.1 m15.5 m3.4 m

Income Taxes Paid

3.7 m5.8 m4.1 m4.1 m5.3 m(3.3 m)(12.9 m)(12.9 m)
Y, 2017

Financial Leverage

2.5 x

Titan Machinery Market Value History

Market Position of Titan Machinery

Competitors

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Traffic Overview of Titan Machinery

Titan Machinery Online and Social Media Presence

Titan Machinery Company Life and Culture

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