Titan Machinery Inc.
Rank #303DeclineTITN · Nasdaq · Industrials
Titan Machinery Inc. (TITN) — Rank #303 by gross profitability (GP/assets 0.23) · ROE -9.7% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0001409171 · all metrics point-in-time as of the filing date.
About
Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia.
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The company operates through four segments: Agriculture, Construction, Europe, and Australia. It sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. The company offers agricultural equipment, including machinery and attachments for use in the production of food, fiber, feed grain, feedstock, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. It also provides construction equipment, such as heavy construction machinery, light industrial machinery for commercial and residential construction, and road and highway construction machinery. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers, as well as sells maintenance and replacement parts. Further, the company rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and finance and insurance products. It operates in Colorado, Idaho, Iowa, Kansas, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; Bulgaria, Germany, Romania, and Ukraine, Europe; and New South Wales, South Australia, and Victoria, and Australia.
The company was founded in 1980 and is headquartered in West Fargo, North Dakota.
- Industry
- Industrial Distribution
- Sector
- Industrials
- State
- DE
- Filer Category
- Accelerated filer
- Fiscal Year End
- January 31
- Website
- titanmachinery.com
Price History
Company Snapshot
P/E, P/B, and dividend yield matter most — book value provides a floor.
Market Cap
$568.55M
P/E (annual)
—
P/S (annual)
0.2
P/B
1.0
P/OCF (annual)
4.1
Shareholder Yield
-0.6%
Employees
3,114
Industry
Industrial Distribution
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
1/1 passGrowth
1/2 passTerry Smith quality gate
Passes 0/5 Terry Smith thresholds2 of 5 thresholds not computable from filed data.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Asset value and restructuring potential (balance-sheet strength) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.23
Primary signal (Novy-Marx).
14th of 14 SIC 59 peers
Return on equity
-9.7%
Gross margin
15.8%
13th of 14 SIC 59 peers
Revenue growth (YoY)
-10.2%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
3.2%
Revenue CAGR (5Y)
11.5%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.92
9th of 10 SIC 59 peers (best = lowest)
Current ratio
1.35×
11th of 14 SIC 59 peers
Quick ratio
0.17×
Net cash
-$143.87M
Cash & equivalents minus total debt.
Recession resistance
Revenue through recessions
Worst single-year YoY revenue decline, 17 years of history
Cash-flow health
Free cash flow
—
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
—
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.2%
Stock-based comp intensity.
Piotroski F-Score
F-Score
5 / 9
Fundamental-strength score (0-9).
Lifecycle Phase History
Lynch sell alert: Turnaround stalled
Classified decline for 2 consecutive fiscal years (2025-01-31, 2026-01-31) with no recovery to a healthier phase -- Lynch's turnaround rule: if it hasn't turned around by now, assume it isn't going to.