Titan International (NYSE:TWI) Posts Earnings Results, Misses Estimates By $0.02 EPS

Titan International (NYSE:TWI) announced its earnings results on Thursday. The industrial products company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.02), FiscalAI reports. Titan International had a positive return on equity of 1.38% and a negative net margin of 0.34%.The business had revenue of $410.44 million for the quarter, compared to analysts’ expectations of $396.86 million.

Here are the key takeaways from Titan International’s conference call:

• Q4 2025 finished ahead of guidance with sales up ~7% year-over-year, adjusted EBITDA up 17% in the quarter to $11 million, and modest gross margin expansion to ~10.9%, driven by a strong EMC performance.
• The company reintroduced full-year 2026 guidance expecting growth, with revenue of $1.85B–$1.95B and adjusted EBITDA of $105M–$150M, and management sees EMC as the leading growth driver while ag should recover later in the year.
• Ongoing tariff and trade-policy volatility created chaotic input-cost dynamics in 2025 and remains an uncertainty into 2026, which could continue to compress margins despite Titan’s multi-sourcing strategy.
• Financial headwinds include a $40 million valuation allowance on certain deferred tax assets, year-end net debt of $383 million with a 3.8x leverage ratio, negative Q4 free cash flow (-$5M), and expected working-capital and CapEx needs (~$55M guidance) that may pressure near-term cash flow.

Titan International Price Performance

Shares of TWI stock traded down $0.76 during midday trading on Thursday, reaching $9.75. 463,690 shares of the company traded hands, compared to its average volume of 576,810. Titan International has a 1-year low of $5.93 and a 1-year high of $11.70. The firm has a market cap of $623.38 million, a PE ratio of -97.30 and a beta of 1.50. The firm’s 50 day simple moving average is $9.31 and its two-hundred day simple moving average is $8.52. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.28 and a quick ratio of 1.25.

Institutional Investors Weigh In On Titan International

Hedge funds have recently modified their holdings of the company. Invesco Ltd. lifted its holdings in shares of Titan International by 85.1% during the 4th quarter. Invesco Ltd. now owns 1,579,219 shares of the industrial products company’s stock worth $12,365,000 after acquiring an additional 725,926 shares during the period. Mercer Global Advisors Inc. ADV increased its position in Titan International by 4.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 58,657 shares of the industrial products company’s stock worth $459,000 after purchasing an additional 2,573 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Titan International by 2.7% in the 4th quarter. Empowered Funds LLC now owns 605,173 shares of the industrial products company’s stock valued at $4,739,000 after acquiring an additional 15,971 shares during the period. XTX Topco Ltd purchased a new stake in Titan International during the 4th quarter worth $209,000. Finally, Bridgeway Capital Management LLC raised its position in Titan International by 6.1% in the fourth quarter. Bridgeway Capital Management LLC now owns 584,813 shares of the industrial products company’s stock valued at $4,579,000 after purchasing an additional 33,585 shares during the period. 80.39% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TWI has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Titan International in a research note on Monday, December 29th. Wall Street Zen upgraded Titan International from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Titan International presently has a consensus rating of “Moderate Buy” and an average target price of $11.33.

About Titan International

Titan International, Inc is a leading global manufacturer of wheels, tires and undercarriage systems designed for off-highway vehicles. The company serves a diverse range of markets including agricultural, construction, earthmoving and consumer segments. Titan’s product portfolio encompasses a variety of tire sizes and tread designs, steel and cast centers, wheels, tracks and complete wheel‐and‐tire assemblies tailored to meet the needs of tractors, combines, skid steers, loaders, haul trucks and other specialized equipment.

In addition to original equipment manufacturing, Titan provides extensive aftermarket support through its network of distributors and sales offices.