Titan International, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $202.9M | $196.0M | $220.3M | — | $98.1M | $117.4M | $66.8M | $81.7M |
| Accounts Receivable | $238.9M | $211.7M | $219.1M | $266.8M | $255.2M | $193.0M | $185.2M | $241.8M |
| Inventory | $470.5M | $437.2M | $365.2M | $397.2M | $392.6M | $293.7M | $333.4M | $395.7M |
| Total Current Assets | $986.0M | $912.0M | $876.8M | $909.6M | $813.3M | $658.6M | $651.5M | $779.5M |
| Property, Plant & Equipment | $448.9M | $421.2M | $321.7M | $296.6M | $301.1M | $319.9M | $367.6M | $384.9M |
| Goodwill | $29.6M | $29.6M | $0 | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $10.9M | $12.0M | $1.4M | $1.6M | $1.5M | $2.0M | $9.8M | $11.6M |
| Total Assets | $1.67B | $1.58B | $1.29B | $1.28B | $1.18B | $1.03B | $1.11B | $1.25B |
| Liabilities | ||||||||
| Accounts Payable | $251.7M | $219.6M | $201.2M | $263.4M | $278.1M | $167.2M | $158.6M | $212.1M |
| Total Current Liabilities | $428.2M | $387.4M | $362.5M | $446.2M | $450.8M | $329.7M | $327.2M | $375.1M |
| Long-Term Debt | $587.9M | $568.3M | $426.1M | $445.6M | $485.0M | $464.7M | $499.7M | $409.6M |
| Total Liabilities | $1.15B | $1.09B | $821.8M | $901.5M | $955.5M | $830.6M | $850.3M | $861.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $100.6M | $164.1M | $169.6M | $90.9M | $-85.4M | $-135.0M | $-74.3M | $-29.0M |
| Total Stockholders' Equity | $514.4M | $496.1M | $467.1M | $381.2M | $229.3M | $179.3M | $234.9M | $279.0M |