Titan Machinery Past Earnings Performance
Past criteria checks 2/6
Titan Machinery has been growing earnings at an average annual rate of 38.3%, while the Trade Distributors industry saw earnings growing at 17% annually. Revenues have been growing at an average rate of 18.3% per year. Titan Machinery's return on equity is 9%, and it has net margins of 2.1%.
Key information
38.3%
Earnings growth rate
38.0%
EPS growth rate
| Trade Distributors Industry Growth | 41.7% |
| Revenue growth rate | 18.3% |
| Return on equity | 9.0% |
| Net Margin | 2.1% |
| Last Earnings Update | 31 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Titan Machinery makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jul 24 | 2,809 | 58 | 383 | 0 |
| 30 Apr 24 | 2,818 | 94 | 378 | 0 |
| 31 Jan 24 | 2,758 | 111 | 362 | 0 |
| 31 Oct 23 | 2,489 | 105 | 341 | 0 |
| 31 Jul 23 | 2,464 | 116 | 335 | 0 |
| 30 Apr 23 | 2,318 | 110 | 317 | 0 |
| 31 Jan 23 | 2,209 | 101 | 301 | 0 |
| 31 Oct 22 | 2,134 | 105 | 278 | 0 |
| 31 Jul 22 | 1,919 | 86 | 253 | 0 |
| 30 Apr 22 | 1,800 | 72 | 245 | 0 |
| 31 Jan 22 | 1,712 | 65 | 240 | 0 |
| 31 Oct 21 | 1,641 | 44 | 235 | 0 |
| 31 Jul 21 | 1,548 | 32 | 227 | 0 |
| 30 Apr 21 | 1,474 | 27 | 223 | 0 |
| 31 Jan 21 | 1,411 | 19 | 219 | 0 |
| 31 Oct 20 | 1,326 | 19 | 212 | 0 |
| 31 Jul 20 | 1,326 | 17 | 223 | 0 |
| 30 Apr 20 | 1,337 | 16 | 225 | 0 |
| 31 Jan 20 | 1,305 | 14 | 224 | 0 |
| 31 Oct 19 | 1,314 | 11 | 218 | 0 |
| 31 Jul 19 | 1,314 | 13 | 214 | 0 |
| 30 Apr 19 | 1,296 | 13 | 207 | 0 |
| 31 Jan 19 | 1,262 | 12 | 202 | 0 |
| 31 Oct 18 | 1,231 | 16 | 198 | 0 |
| 31 Jul 18 | 1,201 | 8 | 195 | 0 |
| 30 Apr 18 | 1,172 | -3 | 198 | 0 |
| 31 Jan 18 | 1,193 | -7 | 203 | 0 |
| 31 Oct 17 | 1,181 | -17 | 207 | 0 |
| 31 Jul 17 | 1,183 | -19 | 210 | 0 |
| 30 Apr 17 | 1,192 | -16 | 211 | 0 |
| 31 Jan 17 | 1,202 | -14 | 213 | 0 |
| 31 Oct 16 | 1,231 | -40 | 214 | 0 |
| 31 Jul 16 | 1,244 | -37 | 214 | 0 |
| 30 Apr 16 | 1,299 | -35 | 218 | 0 |
| 31 Jan 16 | 1,368 | -37 | 221 | 0 |
| 31 Oct 15 | 1,523 | -30 | 231 | 0 |
| 31 Jul 15 | 1,671 | -31 | 247 | 0 |
| 30 Apr 15 | 1,788 | -31 | 259 | 0 |
| 31 Jan 15 | 1,900 | -32 | 273 | 0 |
| 31 Oct 14 | 2,118 | -5 | 286 | 0 |
| 31 Jul 14 | 2,213 | -2 | 291 | 0 |
| 30 Apr 14 | 2,250 | 3 | 293 | 0 |
| 31 Jan 14 | 2,226 | 9 | 291 | 0 |
Quality Earnings: 3TY has high quality earnings.
Growing Profit Margin: 3TY's current net profit margins (2.1%) are lower than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3TY's earnings have grown significantly by 38.3% per year over the past 5 years.
Accelerating Growth: 3TY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3TY had negative earnings growth (-49.7%) over the past year, making it difficult to compare to the Trade Distributors industry average (-18.6%).
Return on Equity
High ROE: 3TY's Return on Equity (9%) is considered low.