Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +46.2% EPS YoY: +22.6% Move: +1.55%

Titan Machinery Inc

TITN

$18.99 1.55%

Exchange NASDAQ Sector Industrials Industry Industrial Distribution

Q4 2024

Published: Apr 3, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for TITN

Reported

Report Date

Apr 3, 2024

Quarter Q4 2024

Revenue

852.13M

YoY: +46.2%

EPS

1.03

YoY: +22.6%

Market Move

+1.55%

Previous quarter: N/A

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Earnings Highlights

Revenue of $852.13M up 46.2% year-over-year
EPS of $1.03 increased by 22.6% from previous year
Gross margin of 15.8%
Net income of 23.60M
""We finished fiscal year 2024 with a strong performance that was driven by growth across all of our legacy operating segments and resulted in record revenue of $2.8 billion."" - Bryan Knutson

TITN

Titan Machinery Inc

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 11, 2026

Executive Summary

In Q4 2024, Titan Machinery Inc (NASDAQ: TITN) reported impressive revenue growth of 46.2% year-over-year, reaching $852.1 million, primarily driven by a robust performance in the agriculture and construction segments. Despite this growth, gross profit margin contracted to 16.6%, reflecting pressure on equipment pricing and increasing costs associated with new acquisitions. Management expressed optimism for fiscal 2025, positioning the company for sustainable profitability amidst transitioning market conditions. Key insights include the company’s strategic focus on operational efficiency, customer care, and capacity expansion to address both inventory management and service demands.

Key Performance Indicators

Revenue

Increasing

852.13M

QoQ: 22.77% | YoY: 46.17%

Gross Profit

Increasing

135.04M

15.85% margin

QoQ: -2.39% | YoY: 24.04%

Operating Income

Increasing

40.71M

QoQ: -11.94% | YoY: 61.59%

Net Income

Increasing

23.60M

QoQ: -21.85% | YoY: 30.28%

EPS

Increasing

1.03

QoQ: -21.97% | YoY: 22.62%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue Performance: Revenue increased to $852.1 million (+46.2% YoY, +22.77% QoQ) driven by strong same-store sales across segments.

Profitability: Gross profit margin declined to 16.6% from 19% in Q4 2023. Operating income was $40.7 million, reflecting a YoY increase of 61.59%.

Net Income: Net income of $24 million (-21.85% QoQ, +30.28% YoY), resulting in an EPS of $1.05.

Cash Flow: Cash flow from operations indicated a decline, with net cash provided by operating activities reporting negative $43.4 million, largely due to an increase in working capital requirements.

Balance Sheet: Cash at period-end was $38 million with a debt ratio of 0.541, indicating manageable leverage with solid equity position ($657 million).

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	852.13M	46.17%	22.77%
Gross Profit	135.04M	24.04%	-2.39%
Operating Income	40.71M	61.59%	-11.94%
Net Income	23.60M	30.28%	-21.85%
EPS	1.03	22.62%	-21.97%

Key Financial Ratios

Gross Profit Margin

Weak

15.80%

Gross profit margin is below industry norms, profitability concerns

Operating Profit Margin

Weak

4.78%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

2.77%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

1.18%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

3.59%

Return on equity suggests inefficient capital allocation

Current Ratio

Adequate

1.32

Current ratio meets minimum requirements but limited cushion

Debt to Equity

High Risk

1.64

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Value

6.47x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Undervalued

0.93x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2026	546.43	-0.26	-13.8%	View
Q1 2026	594.34	-0.58	-5.5%	View
Q4 2025	759.92	-1.93	-10.8%	View
Q3 2025	679.82	0.08	-2.1%	View
Q2 2025	633.67	-0.19	-1.4%	View
Q4 2024	852.13	1.03	+46.2%	View

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Titan Machinery Inc (TITN) Q4 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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