Titan International (TWI) AI Stock Analysis

• Market Cap: $622.95M
• Dividend Yield: N/A
• Average Volume (3M): 684.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.58
• Revenue Growth: -2.75%
• EPS Growth: 22.20%
• Country: US
• Employees: 8,303
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): -0.27
• Shares Outstanding: 64,024,055
• 10 Day Avg. Volume: 959,678
• 30 Day Avg. Volume: 684,540
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.27
• P/FCF Ratio: -20.22
• Enterprise Value/Market Cap: 1.81
• Enterprise Value/Revenue: 0.62
• Enterprise Value/Gross Profit: 4.58
• Enterprise Value/Ebitda: 12.87
• 1Y Price Target: $11.00
• Price Target Upside: 4.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.15
• Revenue Forecast (FY): $1.86B

• Rating: 48 Neutral
• Price Target: $9.50 ▼(-9.61% Downside)
• Action: Reiterated Date: 02/28/26
• Date: Action: Reiterated 02/28/26

The score is held down primarily by weak recent fundamentals (losses, margin compression, and negative free cash flow) alongside meaningful leverage. Technicals are mixed but somewhat supportive longer-term, while valuation is constrained by negative earnings and no dividend yield. The latest earnings call improves the outlook modestly via FY2026 guidance and signs of Q4 operational progress, but cash-flow and macro/tariff risks remain key.

Positive Factors

EMC segment strength

Sustained double-digit EMC revenue and margin expansion shows diversification into construction/mining markets with higher fixed-cost leverage. Over months this supports more stable, higher-margin revenue streams that reduce reliance on cyclical ag OEM demand and improve earnings resilience.

Product innovation & aftermarket mix

A meaningful share of sales from recent product introductions plus Carlstar integration signals durable product pipeline and stronger aftermarket exposure. This raises repeat-revenue potential, supports pricing power and margin improvement, and lowers sensitivity to OEM production cycles over coming quarters.

Operational & sourcing resilience

A diversified supply base, geographic footprint and JV/channel relationships reduce single-source and tariff risks, enabling consistent supply and faster response to demand surges. These structural capabilities support reliability, customer retention and long-term cost management.

Negative Factors

Negative free cash flow

The 2025 swing to negative free cash flow weakens financial flexibility, constrains capex or strategic investments, and makes deleveraging harder. If cash conversion remains impaired over several quarters, refinancing risk rises and management may need to prioritize liquidity over growth initiatives.

Elevated leverage

High net leverage increases sensitivity to cash-flow volatility and limits strategic optionality. Sustained earnings weakness or cyclical downturns could force costly liability management or constrain investments, making steady deleveraging essential to restore balance-sheet flexibility over the next several quarters.

Profitability deterioration & margin compression

A material decline in profitability and compressed margins signal weaker pricing power, cost pressures or adverse mix. Persistent margin erosion reduces internal funding for R&D and capex, increases reliance on external financing, and makes earnings less predictable across the industry cycle.

Titan International Business Overview & Revenue Model

Company Description

Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent States region, the Middle East, Africa, Russia, and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers rims, wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The company also offers rims, wheels, tires, and undercarriage systems and components for off-the-road earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. In addition, it provides bias and light truck tires; and products for ATVs, turf, and golf cart applications, as well as specialty and train brakes. It sells its products directly to original equipment manufacturers, as well as to the aftermarket through independent distributors, equipment dealers, and own distribution centers. Titan International, Inc. was founded in 1890 and is headquartered in Quincy, Illinois.

How the Company Makes Money

Titan International generates revenue through the sale of its core products, including wheels, tires, and rubber tracks. The company's primary revenue streams come from the agricultural and construction sectors, where it supplies OEM (Original Equipment Manufacturer) products as well as replacement parts. Additionally, Titan engages in aftermarket sales, providing customers with essential replacement tires and wheels. Significant partnerships with major equipment manufacturers enhance its market presence and contribute to steady revenue growth. The company also benefits from its global manufacturing footprint, allowing it to optimize production costs and cater to various regional markets effectively.

Titan International Financial Statement Overview

Summary

Revenue has been roughly flat, but profitability and cash generation deteriorated sharply: net income moved from profit (2022–2023) to losses (2024–2025), margins compressed, and free cash flow turned negative in 2025. Leverage remains meaningful (~1.4x debt/equity), which increases risk during a downturn despite some improvement versus earlier years.

Income Statement

Revenue has been essentially flat recently (2024 up ~1%, 2025 up ~1%), but profitability has deteriorated meaningfully: net income swung from a solid profit in 2022–2023 to a small loss in 2024 and a much larger loss in 2025. Margins also compressed sharply over the period (gross margin down from ~16–17% in 2022–2023 to ~13% in 2025, and operating profitability fell to low single-digits). The longer-term picture shows the business can earn strong profits in good years, but results have been volatile and the latest year is clearly weak.

Balance Sheet

Leverage is elevated, with debt running around 1.4x equity in 2024–2025 (improved versus 2020–2021, but still high). Equity has grown since 2020, which is supportive, yet returns to shareholders have turned negative again in 2024–2025, reflecting the earnings downturn. Overall, the balance sheet looks more stable than earlier years, but it still carries meaningful debt load and becomes more vulnerable when profits weaken.

Cash Flow

Cash generation weakened materially in 2025: operating cash flow fell sharply versus 2024, and free cash flow turned negative. While 2022–2024 showed solid positive operating cash flow and free cash flow, the latest year signals pressure on cash conversion and reinvestment needs. The company has demonstrated an ability to produce cash in prior years, but the most recent trend raises near-term funding and flexibility risk.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.83B	1.85B	1.82B	2.17B	1.78B
Gross Profit	242.35M	257.80M	305.85M	360.71M	237.54M
EBITDA	87.87M	105.40M	170.97M	274.05M	130.26M
Net Income	-63.49M	-5.56M	78.76M	176.30M	49.59M
Balance Sheet
Total Assets	1.67B	1.58B	1.29B	1.28B	1.18B
Cash, Cash Equivalents and Short-Term Investments	202.88M	195.97M	220.25M	159.58M	98.11M
Total Debt	710.79M	683.46M	437.26M	451.88M	502.48M
Total Liabilities	1.15B	1.09B	821.83M	901.49M	955.51M
Stockholders Equity	514.38M	496.07M	467.06M	381.24M	229.30M
Cash Flow
Free Cash Flow	-24.59M	75.86M	118.55M	113.70M	-28.08M
Operating Cash Flow	30.03M	141.49M	179.35M	160.68M	10.73M
Investing Cash Flow	-59.65M	-201.60M	-56.92M	-36.75M	-37.60M
Financing Cash Flow	17.45M	64.55M	-56.02M	-61.31M	13.95M

Titan International Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 10.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TWI, the sentiment is Neutral. The current price of 10.51 is below the 20-day moving average (MA) of 10.58, above the 50-day MA of 9.30, and above the 200-day MA of 8.62, indicating a neutral trend. The MACD of 0.24 indicates Positive momentum. The RSI at 43.81 is Neutral, neither overbought nor oversold. The STOCH value of 21.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TWI.

Titan International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GENC	73 Outperform	$228.95M	14.98	7.68%	―	―	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MTW	60 Neutral	$523.23M	76.50	8.82%	―	-0.83%	―
CMCO	58 Neutral	$545.47M	91.96	0.44%	1.59%	-2.36%	-73.77%
WNC	58 Neutral	$410.43M	2.00	84.07%	3.59%	-22.95%	―
HY	51 Neutral	$653.14M	250.03	0.51%	4.61%	-8.30%	-98.18%
TWI	48 Neutral	$622.95M	-9.80	-1.05%	―	-2.75%	22.20%

Titan International Corporate Events

Titan International Announces Resignation of Board Director

On February 9, 2026, Titan International, Inc. announced that board member Kim A. Marvin resigned from the company’s Board of Directors and all associated committees, effective immediately. The company stated that Marvin’s resignation was not due to any disagreement with management, the board, or the company’s operations, policies, or practices, indicating a routine governance transition with limited operational or strategic disruption expected.

The most recent analyst rating on (TWI) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Titan International stock, see the TWI Stock Forecast page.

Titan International Announces Executive Leadership Changes

On December 3, 2025, Titan International, Inc. announced executive leadership changes effective December 4, 2025. David A. Martin, previously the Chief Financial Officer, was appointed as Senior Vice President and Chief Transformation Officer, focusing on strategic alignment and operational agility. Anthony C. Eheli, formerly Vice President and Chief Accounting Officer, was promoted to Senior Vice President and Chief Financial Officer, bringing strong financial discipline to drive long-term growth. James M. Pach, previously Corporate Controller, was appointed Vice President and Chief Accounting Officer, reflecting the company’s commitment to financial stewardship. These appointments are part of Titan’s strategy to enhance its leadership team for future growth.

The most recent analyst rating on (TWI) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on Titan International stock, see the TWI Stock Forecast page.