Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27B | $1.47B | $1.60B | $1.45B | $1.26B | $1.78B | $2.17B | $1.82B | $1.85B | $1.83B |
| Revenue growth | — | 16.1% | 9.1% | -9.6% | -13.1% | 41.4% | 21.9% | -16.0% | 1.3% | -0.9% |
| Gross profit | $141M | $160M | $198M | $129M | $114M | $238M | $361M | $306M | $258M | $253M |
| Gross margin | 11.2% | 10.9% | 12.4% | 8.9% | 9.1% | 13.3% | 16.6% | 16.8% | 14.0% | 13.9% |
| Operating income | -$22.4M | -$11.2M | $42.2M | -$28.4M | -$35.4M | $85.2M | $206M | $149M | $33.2M | $20.8M |
| Operating margin | -1.8% | -0.8% | 2.6% | -2.0% | -2.8% | 4.8% | 9.5% | 8.2% | 1.8% | 1.1% |
| Net income | -$37.6M | -$60.0M | $16.1M | -$48.4M | -$60.4M | $49.6M | $176M | $78.8M | -$5.56M | -$63.5M |
| Net margin | -3.0% | -4.1% | 1.0% | -3.3% | -4.8% | 2.8% | 8.1% | 4.3% | -0.3% | -3.5% |
| EPS (diluted) | -$0.87 | -$1.12 | $0.06 | -$0.84 | -$0.99 | $0.79 | $2.77 | $1.25 | -$0.08 | -$1.00 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $43.5M | -$1.29M | -$36.2M | $45.4M | $57.2M | $10.7M | $161M | $179M | $141M | $30.0M |
| Capital expenditures | $41.9M | $32.6M | $39.0M | $36.4M | $21.7M | $38.8M | $47.0M | $60.8M | $65.6M | $54.6M |
| Free cash flow | $1.55M | -$33.9M | -$75.2M | $9.03M | $35.5M | -$28.1M | $114M | $119M | $75.9M | -$24.6M |
| Share buybacks | — | — | — | — | $0.00 | $0.00 | $25.0M | $32.6M | — | — |
| Dividends paid | $1.08M | $1.17M | $1.20M | $1.20M | $603K | $0.00 | $0.00 | — | — | — |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $148M | $144M | $81.7M | $66.8M | $117M | $98.1M | — | $220M | $196M | $203M |
| Total assets | $1.27B | $1.29B | $1.25B | $1.11B | $1.03B | $1.18B | $1.28B | $1.29B | $1.58B | $1.67B |
| Total liabilities | $868M | $867M | $861M | $850M | $831M | $956M | $901M | $822M | $1.09B | $1.15B |
| Long-term debt | $506M | $451M | $461M | $500M | $465M | $485M | $446M | $426M | $568M | $588M |
| Shareholders' equity | $297M | $321M | $279M | $235M | $179M | $229M | $381M | $467M | $496M | $514M |
| Retained earnings | $17.2M | -$44.0M | -$29.0M | -$74.3M | -$135M | -$85.4M | $90.9M | $170M | $164M | $101M |
| Shares (wtd avg diluted) | 53.9M | 59.3M | 59.9M | 60.1M | 60.8M | 62.7M | 63.7M | 63.0M | 68.7M | 63.7M |
Every figure is extracted from TITAN INTERNATIONAL INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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