TITAN INTERNATIONAL INC
TWI · XNYSCIK 899751fmd_1N0XHWNA6KYP3BF0Q0ZMWQQE6VManufacturing · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Template: Standard
Coverage: Jan 01, 2009 to Sep 30, 2026, 68 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 1,265 | 1,469 | 1,602 | 1,449 | 1,259 | 1,780 | 2,169 | 1,822 | 1,846 | 1,828 |
| Cost of revenue | 1,124 | 1,299 | 1,404 | 1,320 | 1,130 | 1,543 | 1,809 | 1,516 | 1,588 | 1,575 |
| Gross profit | 141 | 160 | 198 | 129 | 114 | 238 | 361 | 306 | 258 | 253 |
| Realized investment gains (losses) | – | 3 | 1 | 0 | 0 | – | – | – | – | – |
| Research and development | 10 | 10 | 11 | 10 | 9 | 10 | 10 | 13 | 17 | 18 |
| Selling, general and administrative | 145 | 151 | 135 | 138 | 131 | 132 | 133 | 135 | 192 | 203 |
| Gain on sale of real estate | – | – | – | 0 | 5 | 0 | 0 | – | – | – |
| Operating income | (22) | (11) | 42 | (28) | (35) | 85 | 206 | 149 | 33 | 21 |
| Interest expense | 33 | 30 | 28 | 32 | 31 | 32 | 32 | 29 | 36 | 39 |
| Interest and investment income | – | – | – | – | – | – | 2 | 10 | 11 | 11 |
| Other non-operating income (expense) | 10 | 9 | 17 | 8 | 19 | 2 | 25 | 3 | 7 | 1 |
| Income before taxes | (36) | (53) | 20 | (48) | (58) | 51 | 202 | 110 | 8 | (11) |
| Income tax expense | 3 | 11 | 7 | 3 | 7 | 1 | 23 | 26 | 12 | 50 |
| Net income from continuing operations | (40) | (64) | 13 | (52) | (65) | 50 | 179 | 84 | (4) | (61) |
| Net income | (38) | (60) | 16 | (48) | (60) | 50 | 176 | 79 | (6) | (63) |
| Net income to common shareholders | (47) | (66) | 4 | (50) | (60) | 50 | – | – | – | – |