Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent States region, the Middle East, Africa, Russia, and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers rims, wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The company also offers rims, wheels, tires, and undercarriage systems and components for off-the-road earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. In addition, it provides bias and light truck tires; and products for ATVs, turf, and golf cart applications, as well as specialty and train brakes. It sells its products directly to original equipment manufacturers, as well as to the aftermarket through independent distributors, equipment dealers, and own distribution centers. Titan International, Inc. was founded in 1890 and is headquartered in Quincy, Illinois.
Revenue of Titan International, Inc. (TWI)
Revenue in 2023 (TTM): $1.82 B
According to Titan International, Inc.'s latest financial reports the company's current revenue (TTM) is $1.82 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Titan International, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.82 B | $305.85 M | $192.39 M | $109.75 M | $78.76 M |
| 2022 | $2.17 B | $360.71 M | $273.97 M | $202.35 M | $176.3 M |
| 2021 | $1.78 B | $237.54 M | $135.25 M | $51.04 M | $49.59 M |
| 2020 | $1.26 B | $114.32 M | $38.1 M | $-58,131,000 | $-65,077,000 |
| 2019 | $1.45 B | $129 M | $35.47 M | $-48,044,000 | $-51,519,000 |
| 2018 | $1.6 B | $198.27 M | $119.06 M | $19.81 M | $16.09 M |
| 2017 | $1.47 B | $158.28 M | $56.4 M | $-52,876,000 | $-60,042,000 |
| 2016 | $1.27 B | $142.48 M | $-8,867,000 | $-32,856,000 | $-33,987,000 |
| 2015 | $1.39 B | $137.81 M | $-13,216,000 | $-52,006,000 | $-75,633,000 |
| 2014 | $1.9 B | $140.64 M | $-79,109,000 | $-152,244,000 | $-80,461,000 |
| 2013 | $2.16 B | $295.19 M | $102.14 M | $54.73 M | $35.21 M |
| 2012 | $1.82 B | $294.14 M | $155.4 M | $180.57 M | $95.55 M |
| 2011 | $1.49 B | $232.11 M | $132.17 M | $95.9 M | $58.15 M |
| 2010 | $881.59 M | $113.93 M | $78.35 M | $649 K | $358 K |
| 2009 | $727.6 M | $55.97 M | $27.1 M | $-32,002,000 | $-24,645,000 |
| 2008 | $1.04 B | $139.71 M | $38.13 M | $23.01 M | $13.34 M |
| 2007 | $837.02 M | $84.13 M | $72.34 M | $3.88 M | $-7,247,000 |
| 2006 | $679.45 M | $72.78 M | $51.98 M | $8.57 M | $5.14 M |
| 2005 | $470.13 M | $64.21 M | $54.22 M | $-2,885,000 | $11.04 M |
| 2004 | $510.57 M | $79.5 M | $64.44 M | $15.22 M | $11.11 M |
| 2003 | $491.67 M | $29.7 M | $13.27 M | $-33,668,000 | $-36,657,000 |
| 2002 | $462.82 M | $29.74 M | $29.18 M | $-44,293,000 | $-35,877,000 |
| 2001 | $457.48 M | $20.55 M | $6.92 M | $-50,742,000 | $-34,789,000 |
| 2000 | $543.07 M | $77.37 M | $-11,331,000 | $8.7 M | $4.53 M |
| 1999 | $588 M | $100.3 M | $41 M | $-18,400,000 | $-11,400,000 |
| 1998 | $660.8 M | $125.9 M | $65.6 M | $13.2 M | $8.2 M |
| 1997 | $690.1 M | $136.9 M | $82.6 M | $40.5 M | $25.1 M |
| 1996 | $634.6 M | $135.7 M | $80.8 M | $57 M | $35.4 M |
| 1995 | $623.2 M | $139.1 M | $92.9 M | $63.3 M | $38 M |
| 1994 | $407 M | $85.8 M | $54.8 M | $30.1 M | $18.5 M |
| 1993 | $150.4 M | $30.6 M | $18.3 M | $10.2 M | $6.4 M |
| 1992 | $113.2 M | $20.9 M | $11.8 M | $6.5 M | $3.5 M |
| 1991 | $100.1 M | $14.5 M | $9.7 M | $-3,500,000 | $-3,600,000 |