TWINYSESteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)US GAAP · USD

Titan International, Inc. (DE)

Titan International is a U.S.-based industrial manufacturer of wheels, tires, assemblies, and undercarriage products for off-highway equipment. Its products are used across agriculture, earthmoving/construction, and consumer end markets, with manufacturing and distribution operations serving customers in North America, Latin America, Europe, and other global markets.

Kysy yhtiöstä
Liikevaihto1 828milj. USD
−0,9 %v/v
Liikevoitto (EBIT)20,8milj. USD
−37,4 %v/v
EBIT-marginaali1,1%
−0,7 %-yks.v/v
Nettotulos−63,5milj. USD
−1 042,0 %v/v
Vapaa kassavirta−24,6milj. USD
−132,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50005001 0001 5002 0002 500milj. USD2020: 1 259 milj. USD2020: EBIT −35 milj. USD20202021: 1 780 milj. USD2021: EBIT 85 milj. USD20212022: 2 169 milj. USD2022: EBIT 206 milj. USD20222023: 1 822 milj. USD2023: EBIT 149 milj. USD20232024: 1 846 milj. USD2024: EBIT 33 milj. USD20242025: 1 828 milj. USD2025: EBIT 21 milj. USD20251 82821
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Titan International, Inc. (DE)

Liiketoiminta

Osuus liikevaihdosta
Agricultural products40 %

Wheels, tires, and components used on tractors, combines, planters, and other farm equipment.

Earthmoving/construction products25 %

Tires, wheels, and assemblies for construction and earthmoving machinery.

Consumer products20 %

Specialty tires and wheels for powersports, outdoor power equipment, trailers, and related uses.

Undercarriage products10 %

Undercarriage components and related products for off-highway applications.

Other specialty and mixed products5 %

Custom rubber stock mixing and other products that do not fit the core segments.

Tuotteet

Raportoitu · osuus liikevaihdosta
76,1%23,9%FY2025100 %
  • Wheels and Tires Including Assemblies76,1 %
  • Undercarriage Systems and Components23,9 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Titan sells primarily to OEMs that build agricultural, construction, and specialty equipment, while also serving aftermarket channels through distributors, dealers, and Titan distribution centers. Its customer base includes large global equipment manufacturers, and the company also supplies products under licensed brands such as Goodyear and Carlisle for selected markets.

Agricultural OEMs

Buy farm wheels, tires, and components for tractors, combines, planters, and irrigation equipment.

Construction and earthmoving OEMs

Buy heavy-duty wheels, tires, and assemblies for off-highway construction equipment.

Aftermarket distributors and dealers

Buy replacement tires and wheels for farm, construction, and consumer equipment.

Consumer specialty channels

Buy products for powersports, outdoor power equipment, trailers, and lawn and garden uses.

Global equipment brands

Large OEM accounts such as Deere, Caterpillar, CNH, AGCO, Kubota, Volvo, and others.

Strategia

Titan's strategy centers on broadening its off-highway product portfolio, improving manufacturing efficiency, and deepening customer relationships through design support and complete wheel-and-tire assemblies. The company also emphasizes product innovation, facility modernization, and selective acquisitions to expand its reach into adjacent end markets and brands.

Broaden the off-highway product portfolioKeskipitkä aikaväli

A wider product set helps Titan sell complete assemblies and serve more equipment platforms.

Improve manufacturing efficiencyLyhyt aikaväli

Higher utilization and modernized equipment support competitiveness in price-sensitive OEM markets.

Enhance design and product developmentKeskipitkä aikaväli

Customer-specific engineering helps Titan win OEM programs and defend share against competitors.

Maintain strategic customer relationshipsPitkä aikaväli

Large OEM accounts are concentrated and critical to volume stability.

Maantiede

Titan operates as a global business with manufacturing and sales across North America, Latin America, Europe, Asia, and other international markets. The company also has manufacturing in China and Russia and licenses certain brands for use across North America, Latin America, Europe, the Middle East, Africa, Australia, New Zealand, Russia, and CIS markets.

Riskit

Titan is exposed to cyclical demand in agriculture, construction, and consumer equipment markets, where OEM production and replacement demand can change quickly with macro conditions. The company also faces customer concentration, tariff and trade-policy uncertainty, intense price competition, and foreign-exchange and sourcing risks tied to its global manufacturing footprint.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tariffs and trade policy1Cyclical end-market demand2Customer concentration3Competitive pricing pressure4Foreign exchange and international operations5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tariffs and trade policyVaikutus: KorkeaTodennäköisyys: Korkea

    Cross-border sourcing and manufacturing can become more expensive or less competitive under changing tariff regimes.

    KohdistuuChinaLatin AmericaGlobal trade flows
  2. Cyclical end-market demandVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Sales depend heavily on farm, construction, and consumer equipment activity, which moves with economic cycles.

    KohdistuuAgricultureEarthmoving/constructionConsumer
  3. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A small number of OEMs account for a meaningful share of sales, so lost programs can reduce volume quickly.

    Kohdistuu: Deere and other large OEMs

  4. Competitive pricing pressureVaikutus: KeskitasoTodennäköisyys: Korkea

    Competitors may lower prices or OEMs may internalize production, pressuring Titan's share and margins.

    Kohdistuu: OEM wheel and tire assemblies

  5. Foreign exchange and international operationsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Global manufacturing and sales expose results to currency swings and operating complexity.

    KohdistuuEuropeLatin AmericaRussiaChina
Kysy Clarifolta: Titan International, Inc. (DE)

Kirjanpito

Harkinnanvaraiset erät
Business combination accounting

Acquisitions can create amortization expense and fair-value step-ups that affect comparability.

Vaikutus: Recent acquisitions such as Carlstar/Titan Specialty

Goodwill and intangible impairment

Slower demand or weaker margins can trigger impairment testing for acquired assets.

Vaikutus: Acquired brands and reporting units

Inventory valuation

Demand swings and pricing pressure can affect reserves, obsolescence, and gross profit.

Vaikutus: Agricultural, construction, and consumer product inventories

Depreciation and capitalized tooling

Plant upgrades, dies, and molds are capitalized and depreciated over time, affecting earnings timing.

Vaikutus: Manufacturing equipment and new product development

Income taxes

Global operations and entity mix create judgment around deferred taxes and effective tax rates.

Vaikutus: Multi-jurisdiction earnings

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Titan Environmental Solutions Inc.

TESI · Services-Computer Programming Services

ITT Inc

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The Goodyear Tire & Rubber Company

GT · Tires & Inner Tubes

Päivitetty: 24.9.2026