Titan Machinery Inc. logo

Titan Machinery Inc.

TITN

NASDAQIndustrialsIndustrial - Distribution

Previous close

$20.18

+$2.09 · +11.55%

Aug 21, 4:00 PM ET

Pre-market

$20.18

$0.00 · 0.00%

Aug 24, 7:00 AM ET

TITN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

20

Overpriced

Momentum

42

Neutral

Sentiment

52

Mixed

Risk resilience

40

Elevated Risk

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Company profile

Company website

Titan Machinery Inc. (TITN) operates an extensive network of retail outlets specializing in agricultural and construction machinery across both the United States and Europe. Its business is structured into three main segments: Agriculture, Construction, and International. The company's core offering includes the sale of both new and pre-owned agricultural and construction equipment. This machinery primarily comes from the CNH Industrial family of brands, alongside products from numerous other manufacturers. Agricultural equipment covers machinery and attachments essential for producing food, fiber, feed, and renewable energy, as well as for home and garden tasks, and maintaining commercial, residential, and public grounds. Its construction lineup features heavy machinery, light industrial equipment for various building projects, road and highway construction gear, and specialized tools for energy and forestry sectors. Beyond equipment sales, Titan Machinery also provides a comprehensive range of maintenance and replacement parts. Service offerings extend to extensive repair and maintenance, encompassing warranty work, mobile and in-store repairs, proactive off-season scheduling, and regular service reminders. Customer training programs are also provided. Equipment rental is another key service. Furthermore, the company delivers various ancillary support services, including equipment logistics, subscriptions for GPS signals and other precision farming technologies, farm data management solutions, and access to CNH Industrial's finance and insurance products. Geographically, Titan Machinery has a significant presence across several U.S. states including Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming. Internationally, its European operations span Bulgaria, Germany, Romania, and Ukraine. Established in 1980, Titan Machinery Inc. maintains its headquarters in West Fargo, North Dakota.

Industry
Industrial - Distribution
Sector
Industrials
Headquarters
US
CEO
Bryan J. Knutson
Listed since
Dec 7, 2007
Employees
3,114

Market position

Day range

Current $20.18

52-week range

Current $20.18

Open
$18.43
Previous close
$18.09
Volume
367.04K
1.98× average
Average volume
185.16K
Average daily volume
Market cap
470.24M USD
Beta
1.41
Market reference 1
50-day average
$19.1374
+5.45% above average
200-day average
$18.3416
+10.02% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.17B USD
P/E (TTM)
-8.59×
P/B (TTM)
0.81×
P/S (TTM)
0.2×
EV / EBITDA
33.16×
Earnings yield
-14.62%
Free cash flow yield
31.06%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
16.17%
Operating margin
-0.11%
Net margin
-2.28%
Return on equity
-9.35%
Return on assets
-3.35%
Return on invested capital
-0.19%

Financial health

Debt / equity
1.52×
Current ratio
1.41×
Altman Z-score
2.2
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends22%13%4%-4%Gross margin, FY2022: 19.44%Gross margin, FY2023: 19.91%Gross margin, FY2024: 19.26%Gross margin, FY2025: 14.64%Gross margin, FY2026: 15.76%Operating margin, FY2022: 5.27%Operating margin, FY2023: 6.26%Operating margin, FY2024: 6.12%Operating margin, FY2025: 0.22%Operating margin, FY2026: -0.11%Net margin, FY2022: 3.86%Net margin, FY2023: 4.61%Net margin, FY2024: 4.02%Net margin, FY2025: -1.37%Net margin, FY2026: -2.23%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 19.44%. Gross margin FY2023 19.91%. Gross margin FY2024 19.26%. Gross margin FY2025 14.64%. Gross margin FY2026 15.76%. Operating margin FY2022 5.27%. Operating margin FY2023 6.26%. Operating margin FY2024 6.12%. Operating margin FY2025 0.22%. Operating margin FY2026 -0.11%. Net margin FY2022 3.86%. Net margin FY2023 4.61%. Net margin FY2024 4.02%. Net margin FY2025 -1.37%. Net margin FY2026 -2.23%.

Income trends

Revenue

2.43B USD-10.18%

Operating income

−2.68M USD−8.53M USD

Net income

−54.17M USD-46.77%
Income trends across reported periods3.04B USD1.91B USD789.61M USD−335.44M USDRevenue, FY2022: 1.71B USDRevenue, FY2023: 2.21B USDRevenue, FY2024: 2.76B USDRevenue, FY2025: 2.7B USDRevenue, FY2026: 2.43B USDOperating income, FY2022: 90.18M USDOperating income, FY2023: 138.32M USDOperating income, FY2024: 168.85M USDOperating income, FY2025: 5.85M USDOperating income, FY2026: −2.68M USDNet income, FY2022: 66.05M USDNet income, FY2023: 101.87M USDNet income, FY2024: 110.92M USDNet income, FY2025: −36.91M USDNet income, FY2026: −54.17M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.71B USD. Revenue FY2023 2.21B USD. Revenue FY2024 2.76B USD. Revenue FY2025 2.7B USD. Revenue FY2026 2.43B USD. Operating income FY2022 90.18M USD. Operating income FY2023 138.32M USD. Operating income FY2024 168.85M USD. Operating income FY2025 5.85M USD. Operating income FY2026 −2.68M USD. Net income FY2022 66.05M USD. Net income FY2023 101.87M USD. Net income FY2024 110.92M USD. Net income FY2025 −36.91M USD. Net income FY2026 −54.17M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue2.43B USD2.7B USD2.76B USD2.21B USD1.71B USD
Cost of goods sold2.04B USD2.31B USD2.23B USD1.77B USD1.38B USD
Gross profit382.56M USD395.63M USD531.35M USD439.84M USD332.72M USD
Selling, general, and administrative361.83M USD285.62M USD241.04M USD
Operating expenses385.24M USD389.78M USD362.51M USD301.52M USD241.04M USD
Interest income4.39M USD3.3M USD3.86M USD2.43M USD
Interest expense43.08M USD53.99M USD21.11M USD6.94M USD5.71M USD
Depreciation and amortization37.57M USD38.6M USD31.48M USD25.2M USD32.02M USD
Operating income−2.68M USD5.85M USD168.85M USD138.32M USD90.18M USD
Net income−54.17M USD−36.91M USD110.92M USD101.87M USD66.05M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
+23.56%
11 comparable reports
Latest EPS result
-0.55
Estimate -0.6 · Beat by 8.33%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.23-0.56-1.35-2.14Q4 '24BeatQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 26, 2024: actual 0.07, estimate 0.02, surprise +250.00%, Beat. Q1 2025, reported Mar 20, 2025: actual -1.98, estimate -0.87, surprise -127.59%, Miss. Q2 2025, reported May 22, 2025: actual -0.58, estimate -0.79, surprise +26.58%, Beat. Q3 2025, reported Aug 28, 2025: actual -0.26, estimate -0.56, surprise +53.57%, Beat. Q4 2025, reported Nov 25, 2025: actual 0.05, estimate -0.36, surprise +113.89%, Beat. Q1 2026, reported Mar 19, 2026: actual -1.43, estimate -0.99, surprise -44.44%, Miss. Q2 2026, reported Jun 9, 2026: actual -0.55, estimate -0.6, surprise +8.33%, Beat. Q3 2026, reported Aug 27, 2026: actual —, estimate -0.33, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates790.32M678.01M565.69M453.38MQ4 '24MissQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 26, 2024: actual 679.82M USD, estimate 728.18M USD, surprise -6.64%, Miss. Q1 2025, reported Mar 20, 2025: actual 759.92M USD, estimate 498.15M USD, surprise +52.55%, Beat. Q2 2025, reported May 22, 2025: actual 594.34M USD, estimate 508.58M USD, surprise +16.86%, Beat. Q3 2025, reported Aug 28, 2025: actual 546.43M USD, estimate 588.21M USD, surprise -7.10%, Miss. Q4 2025, reported Nov 25, 2025: actual 644.51M USD, estimate 615.53M USD, surprise +4.71%, Beat. Q1 2026, reported Mar 19, 2026: actual 641.83M USD, estimate 615.53M USD, surprise +4.27%, Beat. Q2 2026, reported Jun 9, 2026: actual 522.38M USD, estimate 485.61M USD, surprise +7.57%, Beat. Q3 2026, reported Aug 27, 2026: actual —, estimate 483.78M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$20.50

1.59% upside
Past 12 months12-month forecastHigh $30.00Average $20.50Low $15.00

Rating distribution

17 ratings
Strong buy16%
Buy529%
Hold1165%
Sell00%
Strong sell00%

Recent analyst actions

6 institutions

TITN news

TITN peers

ETFs holding TITN

Funds reporting this stock among their holdings, ordered by reported position size.

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