Highest-materiality recent filing
Titan Q2 revenue up 5.2% to $484M, Adj. EBITDA $34M beats guidance; Consumer segment surges 27%
Revenue $484M (+5.2% YoY), gross margin 15.5%, Adj. EBITDA $34M (+13.3%), free cash flow $26M.
Titan International shareholders elect directors, ratify auditor, approve say-on-pay
All seven director nominees elected; Maurice Taylor Jr. received 42.5M for, 3.8M withheld.
Titan International Q1 revenue up 2.9% to $505M; operating loss due to plant closure charges
Revenue $505M (+2.9% YoY); gross margin 14.1% vs 14.0%.
Titan reports Q4 revenue up 7% to $410M; guides FY2026 revenue $1.85-1.95B
Q4 net sales $410.4M vs $383.6M YoY; gross margin 10.9% vs 10.7%.
Titan International board member Kim Marvin resigns; seat not replaced
Kim Marvin resigned from the Board effective Feb 9, 2026, citing time constraints and other commitments.
Titan appoints new CFO and new Chief Transformation Officer, promotes CAO
David Martin becomes SVP & CTO; salary unchanged at $436,000.
Titan Q3 rev $466M (+4%), adj EBITDA $30M; Q4 guide: sales $385-410M, EBITDA ~$10M
Revenue $466M (+4% YoY); gross margin 15.2% vs 13.1%; income from operations $9.7M vs $2.8M.
Titan International files transcript of Q2 2025 earnings call; results reported separately
Company held Q2 2025 earnings conference call on July 31, 2025, with CEO Paul Reitz and CFO David Martin.
Titan Q2 revenue $461M, adjusted EBITDA $30M; guides Q3 sales $450-475M
Revenue $460.8M (-13.4% YoY); gross margin 15.0% vs 15.1%; income from ops $10.2M (down from $22.3M).
Titan International annual meeting elects directors; Max Guinn receives 27% withhold votes
All 8 director nominees elected; Max A. Guinn received 13.3M withheld (27% of votes cast excluding broker non-votes).
Titan Q1 revenue $490.7M, operating income $11.8M vs. $25.1M YoY; guides Q2 similar
Q1 revenue $490.7M (up from $482.2M), operating income $11.8M (down from $25.1M); Adjusted EBITDA $31M.
Titan Q4 loss from operations $17M; Ag sales down 18.4% YoY
Q4 net sales $383.6M (down 1.7% YoY); gross margin 10.7% vs 14.9% last year.
Titan International enters global supply agreement with Deere & Company through Oct 2027
Global Long-Term Agreement effective Nov 1, 2024 to Oct 30, 2027, covering wheels and tires from Titan's North and South America plants.
Titan International files pro forma financials for Carlstar acquisition
Total purchase price of Carlstar: $296.2M ($127.5M cash + $168.7M in 11.9M shares of TWI).
Titan Q3 sales up 12% to $448M on Carlstar; op income drops to $2.8M; Q4 adj. EBITDA guidance $0-10M
Net sales $448M vs $401.8M YoY (+12%); Ag segment down 18%, Earthmover down 12%, Consumer up 303% on Carlstar.
Titan International repurchases 8M shares (11% outstanding) from MHR Funds for $57.6M
Purchased 8,005,000 shares at $7.20 each for aggregate $57,636,000; shares added to treasury.
Titan Q2 net sales $532M (+11% YoY), adj EPS $0.10, guides Q3 rev $450-500M
Net sales $532.2M (up 11% YoY) driven by Carlstar acquisition; Ag segment fell 20%, Consumer tripled.
Michael G. Troyanovich, Secretary and General Counsel, retires effective Dec 31, 2024.
All eight director nominees elected; Max A. Guinn received 34.6M for (56.9%) vs 26.2M withheld.
Titan International files Carlstar audited FY23 financials: $615M revenue, $74M net income
Carlstar (acquired by Titan) reported net revenues of $615.2M and net income of $73.9M for FY2023.
Titan Q1 revenue $482M, adj. EPS $0.29; Q2 guidance $525-575M; Carlstar integration on track
Q1 net sales $482.2M down 12% YoY; gross profit $77.4M (16.0%); adjusted gross margin 16.7% (excl. $3.4M inventory step-up).
Titan International dismisses Grant Thornton and appoints BDO USA as new auditor
Dismissed Grant Thornton as independent auditor on March 14, 2024, effective immediately.
Q4 net sales of $390.2M, down 23.5% YoY from $509.8M; gross margin stable at 14.9%.
Titan International acquires Carlstar for ~$296M in cash and stock
Acquired Carlstar for ~$296.2M: $127.5M cash + 11.9M shares of TWI stock (~$168.7M at $14.43/share).
Titan International to hold annual advisory votes on executive compensation after shareholder vote
Advisory vote on say-on-pay frequency held June 8, 2023; '1 Year' option received highest votes.
Titan Q3 revenue down 24% to $402M; EPS $0.31, adjusted $0.29
Net sales $401.8M vs $530.7M in Q3 2022; gross margin stable at 16.4%.
Titan Q2 2023 EPS $0.48; revenue down 16% to $481M; provides FY2023 outlook
Net income $32M, EPS $0.48, adjusted EPS $0.43; adjusted EBITDA $59M.
Non-binding advisory vote on 2022 exec compensation not approved: 22.8M for, 26.1M against, 5.9M broker non-votes.
Titan International Q1 EPS $0.50 (adj. $0.53) up 35% YoY; net income $33M
Net sales $548.6M, down 1.3% YoY; excluding FX and Australian divestiture, up 2%.
Titan International reports record FY2022 revenue of $2.17B, net income $179M
FY2022 revenue $2.17B (+22% YoY); net income $179M; adjusted EBITDA $253M.
Titan International announces death of board member Gary Cowger
Gary Cowger, a director since 2014, passed away; company expresses condolences.
Titan International authorizes $50M share repurchase program effective immediately for up to 3 years
Board authorized up to $50 million for common stock repurchases; program runs three years.
Titan International reports record Q3 net sales $531M, EPS $0.68, up from $0.18 YoY
Net sales $531M (+18% YoY); gross margin 16.5% vs 13.4%; reported EPS $0.68 vs $0.18.
Titan International Chairman expects Q3 revenue ~$540M, net debt near $300M by year-end
Chairman Morry Taylor says Q3 revenue expected around $540M, on track with sales and profitability.
Titan Q2 net sales $573M (+30.6% YoY); adj. EBITDA $82M; raises FY22 guidance
GAAP EPS $1.06; adjusted EPS $0.79; net sales $572.9M, highest since Q2 2013.
Titan International enters global supply agreement with Deere & Company for wheels and tires
Agreement effective June 1, 2022, expiring April 30, 2025, unless terminated earlier.
Titan International annual meeting results: all directors elected, say-on-pay passes narrowly
All eight director nominees elected; highest vote count 40.92M (Paul Reitz), lowest 27.30M (Richard Cashin).
Titan Q1 net sales $556M (+38% YoY); raises FY guidance to >$2.1B sales, ~$200M EBITDA
Net sales $556.0M (highest since Q2 2013), up 37.8% YoY; gross margin 15.6% vs 13.2%.
Titan Q4 EPS $0.44 on 49% sales growth; FY2022 guidance >$2B revenue
Q4 net sales $487.7M (+49% YoY); EPS $0.44 vs ($0.28) loss.
Titan International buys back 4.03M restricted shares from RDIF equity holders for $25M
Entered Stock Purchase Agreement on Feb 1, 2022 to repurchase 4,032,259 restricted shares for $25 million.
Issued 4,032,259 shares of restricted common stock (Titan Restricted Stock) to former holders of RDIF affiliate on December 17, 2021.
Titan International Q3 net sales up 48% YoY to $450.4M; adj. EBITDA $35.1M
Net income $11.2M ($0.18 EPS) vs loss in prior year; adjusted EBITDA $35.1M, up from $14.2M.
Titan International increases domestic credit facility to $125M and extends maturity to 2026
Revolving credit facility increased from $100M to $125M, based on eligible receivables and inventory.
Titan Q2 net sales up 53% to $438.6M; guides to FY EBITDA above $120M
Net sales $438.6M, up 53.3% YoY; highest quarterly sales since 2014.
Michael G. Troyanovich, Secretary and General Counsel of Titan International, Inc. ("Company"), has informed the Company that he would be retiring from the Company.
The Company has appointed Kim Marvin to the Board, effective as of February 29, 2024.
On February 22, 2023, Titan International, Inc. (the “Company”) issued a press release sharing condolences on the passing of Board Member Gary Cowger.
Max materiality 0.95 · Median 0.65 · Most common event earnings