← TITAN INTERNATIONAL INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $147.8m | $143.6m | $81.7m | $66.8m | $117.4m | $98.1m | — | — | $196.0m | $202.9m | |
| Prepaid Expense and Other Assets, Current | $79.7m | $73.1m | $60.2m | $58.9m | $54.5m | $67.4m | $86.1m | $72.2m | $67.2m | $73.6m | |
| Inventory, Net | $269.3m | $339.8m | $395.7m | $333.4m | $293.7m | $392.6m | $397.2m | $365.2m | $437.2m | $470.5m | |
| Accounts Receivable, after Allowance for Credit Loss | $179.4m | $226.7m | $241.8m | $185.2m | $193.0m | $255.2m | $266.8m | $219.1m | $211.7m | $238.9m | |
| Assets, Current | $726.2m | $783.2m | $779.5m | $644.3m | $658.6m | $813.3m | $909.6m | $876.8m | $912.0m | $986.0m | |
| Property, Plant and Equipment, Net | $437.2m | $421.2m | $384.9m | $374.8m | $319.9m | $301.1m | $296.6m | $321.7m | $421.2m | $448.9m | |
| Goodwill | — | — | — | — | — | — | — | $0 | $29.6m | $29.6m | |
| Intangible Assets, Net (Excluding Goodwill) | $16.4m | $15.3m | $11.6m | $9.8m | $2.0m | $1.5m | $1.6m | — | $12.0m | $10.9m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $23.9m | $24.4m | $20.9m | $8.9m | $12.0m | $117.0m | $119.2m | |
| Other Assets, Noncurrent | $94.9m | $81.9m | $84.0m | $69.0m | $26.5m | $30.5m | — | — | — | — | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $179.4m | $226.7m | $241.8m | $185.2m | $193.0m | $255.2m | $266.8m | $219.1m | $211.7m | $238.9m | |
| Assets | $1.3b | $1.3b | $1.3b | $1.1b | $1.0b | $1.2b | $1.3b | $1.3b | $1.6b | $1.7b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $6.7m | $7.5m | $6.2m | — | $5.0m | $12.0m | $13.8m | |
| Accounts Payable, Current | $148.3m | $195.5m | $212.1m | $158.6m | $167.2m | $278.1m | $263.4m | $201.2m | $219.6m | $251.7m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $17.4m | $17.1m | $11.4m | — | $6.2m | $106.0m | $111.1m | |
| Deferred Revenue, Current | $5.8m | $4.7m | $691k | $1.2m | $4.8m | $4.4m | $1.9m | $4.5m | — | — | |
| Deferred Revenue, Noncurrent | $9.4m | $10.3m | $9.4m | $8.2m | $10.3m | $9.0m | $11.8m | $12.4m | $11.3m | $12.1m | |
| Long-term Debt, Current Maturities | $97.4m | $43.7m | $51.9m | — | — | — | — | — | — | — | |
| Long-term Debt, Excluding Current Maturities | $408.8m | $407.2m | $409.6m | $504.6m | $464.7m | $485.0m | $445.6m | $426.1m | $568.3m | $587.9m | |
| Liabilities, Current | $366.1m | $372.9m | $375.1m | $327.2m | $329.7m | $450.8m | $446.2m | $372.4m | $387.4m | $428.2m | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | — | $3.4m | $2.2m | $6.4m | $6.1m | |
| Other Liabilities, Noncurrent | $80.2m | $73.2m | $67.3m | $73.1m | $63.4m | $48.3m | $37.1m | $38.0m | $38.5m | $40.9m | |
| Deferred Tax Liabilities, Net | — | $9.8m | $6.5m | $4.3m | $1.3m | ($12.9m) | $35.3m | $35.8m | — | — | |
| Liabilities | $868.2m | $866.8m | $861.3m | $850.3m | $830.6m | $955.5m | $901.5m | $821.8m | $1.1b | $1.2b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $104.8m | $113.2m | $119.8m | $25.0m | $25.0m | $0 | — | — | — | — | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $14.3m | ($44.0m) | ($29.0m) | ($74.3m) | ($135.0m) | ($85.4m) | $90.9m | $169.6m | $164.1m | $100.6m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($188.3m) | ($157.1m) | ($203.6m) | ($218.7m) | ($217.3m) | ($246.5m) | ($251.8m) | ($219.0m) | ($285.9m) | ($209.0m) | |
| Additional Paid in Capital, Common Stock | $479.1m | $531.7m | $519.5m | $532.1m | $532.7m | $562.3m | $565.5m | $569.1m | $740.2m | $738.7m | |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | ($25.6m) | ($24.1m) | ($27.8m) | ($26.1m) | ($22.7m) | ($10.4m) | ($9.3m) | ($2.3m) | ($3.3m) | ($209.0m) | |
| Stockholders' Equity Attributable to Parent | $293.9m | $320.9m | $279.0m | $234.9m | $179.3m | $229.3m | $381.2m | $467.1m | $496.1m | $514.4m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | ($3.9m) | ($10.8m) | ($9.0m) | $4.1m | ($3.0m) | ($2.1m) | $1.9m | $355k | ($2.4m) | $7.2m | |
| Liabilities and Equity | $1.3b | $1.3b | $1.3b | $1.1b | $1.0b | $1.2b | $1.3b | $1.3b | $1.6b | $1.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.