---
schema_version: "secwatch.filing_event.v1"
accession: "0000899751-24-000093"
form_type: "8-K"
ticker: "TWI"
cik: "0000899751"
company_name: "TITAN INTERNATIONAL INC"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:47:50.261505+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Titan Q3 sales up 12% to $448M on Carlstar; op income drops to $2.8M; Q4 adj. EBITDA guidance $0-10M

## Summary
- Net sales $448M vs $401.8M YoY (+12%); Ag segment down 18%, Earthmover down 12%, Consumer up 303% on Carlstar.
- Income from operations $2.8M vs $27.0M; adjusted EBITDA $20M; gross margin 13.1% vs 16.4%.
- Free cash flow $42M; net debt reduced to $291M from $326M; repurchased 1.05M shares for $8.3M in Q3.
- Q4 2024 outlook: sales $375-425M, adj. EBITDA breakeven to $10M, free cash flow near breakeven.
- Headcount cut ~15% from 2022 peak; Carlstar integration on track; LSW and new VPO technology highlighted.

## SEC filing metadata
- accession: 0000899751-24-000093
- form_type: 8-K
- ticker: TWI
- cik: 0000899751
- company_name: TITAN INTERNATIONAL INC
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899751/000089975124000093/0000899751-24-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899751/000089975124000093/twi-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000899751-24-000093
- JSON: https://secwatch.observer/filing/0000899751-24-000093.json
- Plain text: https://secwatch.observer/filing/0000899751-24-000093.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.