Titan (TWI) Revenue & Revenue Breakdown


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Titan Revenue Highlights


Latest Revenue (Y)

$1.82B

Latest Revenue (Q)

$447.99M

Main Segment (Y)

Agricultural

Main Geography (Y)

UNITED STATES

Titan Revenue by Period


Titan Revenue by Year

DateRevenueChange
2023-12-31$1.82B-16.02%
2022-12-31$2.17B21.86%
2021-12-31$1.78B41.36%
2020-12-31$1.26B-13.07%
2019-12-31$1.45B-9.59%
2018-12-31$1.60B9.09%
2017-12-31$1.47B16.07%
2016-12-31$1.27B-9.27%
2015-12-31$1.39B-26.42%
2014-12-31$1.90B-12.39%
2013-12-31$2.16B18.83%
2012-12-31$1.82B22.44%
2011-12-31$1.49B68.67%
2010-12-31$881.59M21.16%
2009-12-31$727.60M-29.82%
2008-12-31$1.04B23.86%
2007-12-31$837.02M23.19%
2006-12-31$679.45M44.52%
2005-12-31$470.13M-7.92%
2004-12-31$510.57M3.84%
2003-12-31$491.67M6.23%
2002-12-31$462.82M1.17%
2001-12-31$457.48M-15.76%
2000-12-31$543.07M-7.64%
1999-12-31$588.00M-11.02%
1998-12-31$660.80M-4.25%
1997-12-31$690.10M8.75%
1996-12-31$634.60M1.83%
1995-12-31$623.20M53.12%
1994-12-31$407.00M170.61%
1993-12-31$150.40M-

Titan generated $1.82B in revenue during NA 2023, up -16.02% compared to the previous quarter, and up 113.69% compared to the same period a year ago.

Titan Revenue by Quarter

DateRevenueChange
2024-09-30$447.99M-15.82%
2024-06-30$532.17M10.36%
2024-03-31$482.21M23.58%
2023-12-31$390.20M-2.88%
2023-09-30$401.78M-16.50%
2023-06-30$481.18M-12.30%
2023-03-31$548.64M7.63%
2022-12-31$509.77M-3.95%
2022-09-30$530.72M-7.36%
2022-06-30$572.89M3.04%
2022-03-31$556.00M14.01%
2021-12-31$487.68M8.28%
2021-09-30$450.38M2.68%
2021-06-30$438.64M8.70%
2021-03-31$403.52M23.43%
2020-12-31$326.91M7.26%
2020-09-30$304.77M6.51%
2020-06-30$286.13M-16.21%
2020-03-31$341.50M13.16%
2019-12-31$301.79M-12.75%
2019-09-30$345.90M-11.44%
2019-06-30$390.60M-4.82%
2019-03-31$410.37M12.93%
2018-12-31$363.40M-5.54%
2018-09-30$384.72M-10.30%
2018-06-30$428.90M0.83%
2018-03-31$425.38M13.12%
2017-12-31$376.03M1.36%
2017-09-30$370.99M1.81%
2017-06-30$364.40M1.93%
2017-03-31$357.50M16.34%
2016-12-31$307.29M0.36%
2016-09-30$306.19M-7.27%
2016-06-30$330.21M2.62%
2016-03-31$321.79M4.54%
2015-12-31$307.81M-0.33%
2015-09-30$308.84M-17.88%
2015-06-30$376.07M-6.46%
2015-03-31$402.06M4.90%
2014-12-31$383.28M-14.75%
2014-09-30$449.58M-14.16%
2014-06-30$523.73M-2.82%
2014-03-31$538.94M9.01%
2013-12-31$494.41M-0.62%
2013-09-30$497.51M-16.14%
2013-06-30$593.29M2.58%
2013-03-31$578.39M17.17%
2012-12-31$493.64M21.97%
2012-09-30$404.72M-11.87%
2012-06-30$459.23M-0.83%
2012-03-31$463.09M14.93%
2011-12-31$402.92M1.03%
2011-09-30$398.81M-1.39%
2011-06-30$404.45M44.02%
2011-03-31$280.83M20.70%
2010-12-31$232.67M4.42%
2010-09-30$222.82M-2.98%
2010-06-30$229.66M16.90%
2010-03-31$196.45M34.08%
2009-12-31$146.52M3.55%
2009-09-30$141.50M-31.64%
2009-06-30$206.98M-11.01%
2009-03-31$232.60M-10.05%
2008-12-31$258.60M1.23%
2008-09-30$255.46M-5.07%
2008-06-30$269.11M6.15%
2008-03-31$253.53M23.71%
2007-12-31$204.94M-

Titan generated $447.99M in revenue during Q3 2024, up -15.82% compared to the previous quarter, and up 93.10% compared to the same period a year ago.

Titan Revenue Breakdown


Titan Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Consumer$153.50M$169.78M$137.47M$114.51M$147.35M
Agricultural$980.54M$1.19B$949.40M$634.65M$652.56M
Earthmoving/construction$687.76M$807.36M$693.35M$510.15M$648.75M

Titan's latest annual revenue breakdown by segment (product or service), as of Dec 23: Agricultural (53.82%), Earthmoving/construction (37.75%), and Consumer (8.43%).

Quarterly Revenue by Product

Product/ServiceDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Earthmoving/construction$159.11M$155.04M$174.68M$198.92M$195.81M$199.92M$210.37M$201.26M$183.42M$168.41M$176.72M$164.81M$137.54M$123.23M$112.46M$136.92M$131.57M$155.66M$184.78M$176.75M
Consumer$38.53M$33.77M$37.34M$43.86M$39.16M$41.54M$43.94M$45.14M$39.49M$37.60M$30.42M$29.95M$27.98M$28.48M$26.41M$31.64M$30.30M$33.62M$41.53M$41.90M
Agricultural$192.56M$212.97M$269.15M$305.86M$274.80M$289.26M$318.58M$309.60M$264.76M$244.37M$231.50M$208.76M$161.38M$153.07M$147.27M$172.94M$139.92M$156.63M$164.28M$191.73M

Titan's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Agricultural (49.35%), Earthmoving/construction (40.78%), and Consumer (9.87%).

Titan Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Latin America$354.98M$422.44M$318.88M$218.26M$254.38M
UNITED STATES$814.68M$1.07B$835.99M$583.40M$672.56M
Europe$558.68M$577.88M$479.72M$343.45M$400.06M
Other Countries-$94.35M$145.63M$114.20M$121.68M

Titan's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (47.14%), Europe (32.32%), and Latin America (20.54%).

Titan Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AGCOAGCO$14.41B$3.25B
OSKOshkosh$8.28B$2.85B
TEXTerex$5.15B$1.21B
HYHyster-Yale Materials Handling$4.12B$1.06B
REVGREV Group$2.64B$579.40M
WNCWabash National$2.54B$464.04M
MTWManitowoc Company$2.23B$524.80M
TWITitan$1.82B$447.99M
ALGAlamo Group$1.69B$401.30M
LNNLindsay$1.02B$139.20M
CMCOColumbus McKinnon$1.01B$242.27M
SHYFShyft Group$872.20M$-390.67M

TWI Revenue FAQ


Titan's yearly revenue for 2023 was $1.82B, representing a decrease of -16.02% compared to 2022. The company's yearly revenue for 2022 was $2.17B, representing an increase of 21.86% compared to 2021. TWI's yearly revenue for 2021 was $1.78B, representing an increase of 41.36% compared to 2020.

Titan's quarterly revenue for Q3 2024 was $447.98M, a -15.82% decrease from the previous quarter (Q2 2024), and a 11.50% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $532.17M, a 10.36% increase from the previous quarter (Q1 2024), and a 10.60% increase year-over-year (Q2 2023). TWI's quarterly revenue for Q1 2024 was $482.21M, a 23.58% increase from the previous quarter (Q4 2023), and a -12.11% decrease year-over-year (Q1 2023).

Titan's revenue growth rate for the last 3 years (2021-2023) was 2.34%, and for the last 5 years (2019-2023) was 25.76%.

Titan's revenue streams in c 23 are Consumer, Agricultural, and Earthmoving/construction. Consumer generated $153.5M in revenue, accounting 8.43% of the company's total revenue, down -9.59% year-over-year. Agricultural generated $980.54M in revenue, accounting 53.82% of the company's total revenue, down -17.76% year-over-year. Earthmoving/construction generated $687.76M in revenue, accounting 37.75% of the company's total revenue, down -14.81% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Titan was Agricultural. This segment made a revenue of $980.54M, representing 53.82% of the company's total revenue.