Titan (TWI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

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

Date	Revenue	Change
2023-12-31	$1.82B	-16.02%
2022-12-31	$2.17B	21.86%
2021-12-31	$1.78B	41.36%
2020-12-31	$1.26B	-13.07%
2019-12-31	$1.45B	-9.59%
2018-12-31	$1.60B	9.09%
2017-12-31	$1.47B	16.07%
2016-12-31	$1.27B	-9.27%
2015-12-31	$1.39B	-26.42%
2014-12-31	$1.90B	-12.39%
2013-12-31	$2.16B	18.83%
2012-12-31	$1.82B	22.44%
2011-12-31	$1.49B	68.67%
2010-12-31	$881.59M	21.16%
2009-12-31	$727.60M	-29.82%
2008-12-31	$1.04B	23.86%
2007-12-31	$837.02M	23.19%
2006-12-31	$679.45M	44.52%
2005-12-31	$470.13M	-7.92%
2004-12-31	$510.57M	3.84%
2003-12-31	$491.67M	6.23%
2002-12-31	$462.82M	1.17%
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	$690.10M	8.75%
1996-12-31	$634.60M	1.83%
1995-12-31	$623.20M	53.12%
1994-12-31	$407.00M	170.61%
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

Date	Revenue	Change
2024-09-30	$447.99M	-15.82%
2024-06-30	$532.17M	10.36%
2024-03-31	$482.21M	23.58%
2023-12-31	$390.20M	-2.88%
2023-09-30	$401.78M	-16.50%
2023-06-30	$481.18M	-12.30%
2023-03-31	$548.64M	7.63%
2022-12-31	$509.77M	-3.95%
2022-09-30	$530.72M	-7.36%
2022-06-30	$572.89M	3.04%
2022-03-31	$556.00M	14.01%
2021-12-31	$487.68M	8.28%
2021-09-30	$450.38M	2.68%
2021-06-30	$438.64M	8.70%
2021-03-31	$403.52M	23.43%
2020-12-31	$326.91M	7.26%
2020-09-30	$304.77M	6.51%
2020-06-30	$286.13M	-16.21%
2020-03-31	$341.50M	13.16%
2019-12-31	$301.79M	-12.75%
2019-09-30	$345.90M	-11.44%
2019-06-30	$390.60M	-4.82%
2019-03-31	$410.37M	12.93%
2018-12-31	$363.40M	-5.54%
2018-09-30	$384.72M	-10.30%
2018-06-30	$428.90M	0.83%
2018-03-31	$425.38M	13.12%
2017-12-31	$376.03M	1.36%
2017-09-30	$370.99M	1.81%
2017-06-30	$364.40M	1.93%
2017-03-31	$357.50M	16.34%
2016-12-31	$307.29M	0.36%
2016-09-30	$306.19M	-7.27%
2016-06-30	$330.21M	2.62%
2016-03-31	$321.79M	4.54%
2015-12-31	$307.81M	-0.33%
2015-09-30	$308.84M	-17.88%
2015-06-30	$376.07M	-6.46%
2015-03-31	$402.06M	4.90%
2014-12-31	$383.28M	-14.75%
2014-09-30	$449.58M	-14.16%
2014-06-30	$523.73M	-2.82%
2014-03-31	$538.94M	9.01%
2013-12-31	$494.41M	-0.62%
2013-09-30	$497.51M	-16.14%
2013-06-30	$593.29M	2.58%
2013-03-31	$578.39M	17.17%
2012-12-31	$493.64M	21.97%
2012-09-30	$404.72M	-11.87%
2012-06-30	$459.23M	-0.83%
2012-03-31	$463.09M	14.93%
2011-12-31	$402.92M	1.03%
2011-09-30	$398.81M	-1.39%
2011-06-30	$404.45M	44.02%
2011-03-31	$280.83M	20.70%
2010-12-31	$232.67M	4.42%
2010-09-30	$222.82M	-2.98%
2010-06-30	$229.66M	16.90%
2010-03-31	$196.45M	34.08%
2009-12-31	$146.52M	3.55%
2009-09-30	$141.50M	-31.64%
2009-06-30	$206.98M	-11.01%
2009-03-31	$232.60M	-10.05%
2008-12-31	$258.60M	1.23%
2008-09-30	$255.46M	-5.07%
2008-06-30	$269.11M	6.15%
2008-03-31	$253.53M	23.71%
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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 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

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AGCO	AGCO	$14.41B	$2.60B
OSK	Oshkosh	$8.28B	$2.85B
TEX	Terex	$5.15B	$1.21B
HY	Hyster-Yale Materials Handling	$4.12B	$1.02B
WNC	Wabash National	$2.54B	$464.04M
REVG	REV Group	$2.38B	$579.40M
MTW	Manitowoc Company	$2.23B	$524.80M
TWI	Titan	$1.82B	$447.99M
ALG	Alamo Group	$1.69B	$401.30M
LNN	Lindsay	$1.02B	$139.20M
CMCO	Columbus McKinnon	$1.01B	$242.27M
SHYF	Shyft Group	$872.20M	$-390.67M

TWI Revenue FAQ

What is Titan’s yearly revenue?

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.

What is Titan’s quarterly revenue?

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).

What is Titan’s revenue growth rate?

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%.

What are Titan’s revenue streams?

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.

What is Titan’s main source of revenue?

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.