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Titan Machinery share price today

Titan Machinery Inc. · TITN · Industrials · Industrial Distribution · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Titan Machinery share price: $22.52 at the close on 4 November 2026, +42.4% in a year.

Getting worseBusiness trend from the last 12 quarters
$22.52Price +42.4% in a year
$496 MRevenue (Jul 2026) −9.2% on a year ago
−$9.2 MProfit (Jul 2026)
−0.3%Operating margin −0.5 points on a year ago
−9%ROE FY26
−0.4%ROIC against a 6.5% cost of capital: −6.9 points
50%Profit that came in as cash last 3 years

Titan Machinery Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been between phases. Over the last four quarters, results have been deteriorating, and 50% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Titan Machinery share price today?

Titan Machinery Inc.'s share price was $22.52 at the close on 4 November 2026. That is 11.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $15 and $26, and at that close it sat 67% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 10 weeks in a row.

Nov 2026: $22.52, 11.9% above its 200-day average.

  • Price $22.52
  • 50-day avg $23.16
  • 200-day avg $20.12
Nov 2026: $22.52, 11.9% above its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$19.93––
18 Jul 2025$19.39––
25 Jul 2025$20.12––
1 Aug 2025$18.86––
8 Aug 2025$18.98––
15 Aug 2025$19.46––
22 Aug 2025$20.58––
29 Aug 2025$20.00––
5 Sep 2025$20.64––
12 Sep 2025$19.28––
19 Sep 2025$18.27$19.73–
26 Sep 2025$17.07$19.52–
3 Oct 2025$16.57$19.20–
10 Oct 2025$15.28$18.81–
17 Oct 2025$15.35$18.45–
24 Oct 2025$15.94$18.06–
31 Oct 2025$16.40$17.75–
7 Nov 2025$15.81$17.34–
14 Nov 2025$15.80$16.92–
21 Nov 2025$15.75$16.44–
28 Nov 2025$18.52$16.36–
5 Dec 2025$15.94$16.24–
12 Dec 2025$16.29$16.19–
19 Dec 2025$15.92$16.19–
26 Dec 2025$15.42$16.20–
2 Jan 2026$14.96$16.16–
9 Jan 2026$16.31$16.16–
16 Jan 2026$16.46$16.16–
23 Jan 2026$16.51$16.17–
30 Jan 2026$16.27$16.20–
6 Feb 2026$18.60$16.41–
13 Feb 2026$18.97$16.51–
20 Feb 2026$20.41$16.80–
27 Feb 2026$19.49$17.13–
6 Mar 2026$18.05$17.44–
13 Mar 2026$16.55$17.66–
20 Mar 2026$14.88$17.66–
27 Mar 2026$16.10$17.63–
2 Apr 2026$17.24$17.68–
10 Apr 2026$20.27$17.92–
17 Apr 2026$20.35$18.19–
24 Apr 2026$21.28$18.39$17.74
1 May 2026$21.22$18.56$17.77
8 May 2026$21.55$18.73$17.81
15 May 2026$19.72$18.81$17.82
22 May 2026$18.68$18.93$17.82
29 May 2026$21.82$19.34$17.86
5 Jun 2026$23.18$20.13$17.95
12 Jun 2026$20.26$20.55$17.97
18 Jun 2026$20.68$20.72$17.96
26 Jun 2026$20.92$20.83$17.97
2 Jul 2026$18.34$20.83$17.98
10 Jul 2026$18.27$20.51$17.95
17 Jul 2026$19.14$20.31$18.00
24 Jul 2026$19.98$20.11$18.07
31 Jul 2026$16.99$19.99$18.14
7 Aug 2026$19.09$19.95$18.23
14 Aug 2026$18.42$19.53$18.30
21 Aug 2026$20.18$19.14$18.34
28 Aug 2026$17.86$19.04$18.40
4 Sep 2026$26.22$19.23$18.57
11 Sep 2026$23.22$19.48$18.74
18 Sep 2026$23.72$20.08$18.89
25 Sep 2026$23.49$20.59$19.08
2 Oct 2026$25.42$21.05$19.27
9 Oct 2026$22.63$21.56$19.47
16 Oct 2026$22.18$21.97$19.66
23 Oct 2026$23.12$22.38$19.84
30 Oct 2026$23.86$22.95$20.02
4 Nov 2026$22.52$23.16$20.12
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 32 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−28.0%
17 Oct 2025−26.7%
24 Oct 2025−27.1%
31 Oct 2025−22.7%
7 Nov 2025−22.0%
14 Nov 2025−23.2%
21 Nov 2025−25.6%
28 Nov 2025−13.3%
5 Dec 2025−28.7%
12 Dec 2025−19.2%
19 Dec 2025−15.4%
26 Dec 2025−14.0%
2 Jan 2026−11.8%
9 Jan 2026+0.5%
16 Jan 2026+3.1%
23 Jan 2026+1.8%
30 Jan 2026−2.2%
6 Feb 2026+14.7%
13 Feb 2026+18.6%
20 Feb 2026+25.0%
27 Feb 2026+4.9%
6 Mar 2026+15.2%
13 Mar 2026+4.5%
20 Mar 2026−1.8%
27 Mar 2026+12.6%
2 Apr 2026+19.2%
10 Apr 2026+26.4%
17 Apr 2026+21.0%
24 Apr 2026+25.3%
1 May 2026+26.3%
8 May 2026+9.1%
15 May 2026−4.5%
22 May 2026−16.6%
29 May 2026+1.7%
5 Jun 2026+18.7%
12 Jun 2026+10.4%
18 Jun 2026+23.8%
26 Jun 2026+15.0%
2 Jul 2026−7.2%
10 Jul 2026−21.0%
17 Jul 2026−10.6%
24 Jul 2026−9.6%
31 Jul 2026−23.6%
7 Aug 2026−16.2%
14 Aug 2026−11.6%
21 Aug 2026+5.3%
28 Aug 2026−19.8%
4 Sep 2026+8.7%
11 Sep 2026+11.6%
18 Sep 2026+12.7%
25 Sep 2026+6.5%
2 Oct 2026+35.3%
9 Oct 2026+20.7%
16 Oct 2026+13.2%
23 Oct 2026+12.9%
30 Oct 2026+39.3%
4 Nov 2026+18.8%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved +13% while the S&P 500 moved +23%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Titan Machinery pay?

Titan Machinery Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Titan Machinery on?

Titan Machinery is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Titan Machinery profitable?

Titan Machinery Inc. posted a net loss of $9.2 M in the Jul 2026 quarter. The full FY26 year was a loss of $54.2 M. That loss is 1.8% of the quarter's revenue. The same quarter a year earlier lost $6.0 M. 7 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY26 profit −$54.2 M

  • Net profit −$54.2 M
FY26 profit −$54.2 M
QuarterNet profit
FY22$65.1 M
FY23$101 M
FY24$111 M
FY25−$36.9 M
FY26−$54.2 M

Growth on a year earlier

  • Growth on a year earlier −133.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY2354.6%
FY2410.3%
FY25−133.3%
FY26–
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: −$9.2 M

  • Net profit (quarterly) −$9.2 M
Jul 2026: −$9.2 M
QuarterNet profit (quarterly)
Oct 2023$29.7 M
Jan 2024$23.6 M
Apr 2024$9.3 M
Jul 2024−$4.3 M
Oct 2024$1.7 M
Jan 2025−$43.6 M
Apr 2025−$13.2 M
Jul 2025−$6.0 M
Oct 2025$1.2 M
Jan 2026−$36.2 M
Apr 2026−$12.6 M
Jul 2026−$9.2 M

Growth on a year earlier

  • Growth on a year earlier −30.4%
Growth on a year earlier
QuarterGrowth on a year earlier
Oct 2023−26.9%
Jan 202432.1%
Apr 2024−65.1%
Jul 2024−113.9%
Oct 2024−94.4%
Jan 2025−285%
Apr 2025−241.7%
Jul 2025–
Oct 2025−30.4%
Jan 2026–
Apr 2026–
Jul 2026–
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Titan Machinery make, and is it growing?

Titan Machinery Inc. reported $496 M of revenue in the Jul 2026 quarter, −9.2% on the same quarter a year earlier. Over 4 years it has grown 9.1% a year on average. The last full year, FY26, came in at $2.4 B. The last four reported quarters add to $2.3 B.

Revenue is everything the company billed its customers in the period.

FY26 revenue was $2.4 B, −10.2% on the year before.

FY26 revenue $2.4 B (−10.2% on the year before), 9.1% a year over 4 years

  • Revenue $2.4 B
FY26 revenue $2.4 B (−10.2% on the year before), 9.1% a year over 4 years
QuarterRevenue
FY22$1.7 B
FY23$2.2 B
FY24$2.8 B
FY25$2.7 B
FY26$2.4 B

Growth on a year earlier

  • Growth on a year earlier −10.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY2329.1%
FY2424.9%
FY25−2%
FY26−10.2%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: $496 M (−9.2% on a year earlier)

  • Revenue (quarterly) $496 M
Jul 2026: $496 M (−9.2% on a year earlier)
QuarterRevenue (quarterly)
Oct 2023$694 M
Jan 2024$852 M
Apr 2024$629 M
Jul 2024$634 M
Oct 2024$680 M
Jan 2025$760 M
Apr 2025$594 M
Jul 2025$546 M
Oct 2025$645 M
Jan 2026$642 M
Apr 2026$522 M
Jul 2026$496 M

Growth on a year earlier

  • Growth on a year earlier −9.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Oct 20233.8%
Jan 202446.2%
Apr 202410.4%
Jul 2024−1.4%
Oct 2024−2.1%
Jan 2025−10.8%
Apr 2025−5.5%
Jul 2025−13.8%
Oct 2025−5.2%
Jan 2026−15.5%
Apr 2026−12.1%
Jul 2026−9.2%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −10.5% on average, against 9.1% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −10.7%, against −9.4% a year over the last 8 quarters (stabilising).

How much of every $100 of sales does Titan Machinery keep?

Titan Machinery Inc.'s operating margin was −0.3% in the Jul 2026 quarter, 0.5 percentage points lower than the same quarter a year ago. Across 5 years it has been between −0.1% and 6.3%. The latest quarter is below every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.5 percentage points on the year while gross margin changed +1.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26: −0.1%, within a range of −0.1% to 6.3% over 5 years

  • Operating margin −0.1%
FY26: −0.1%, within a range of −0.1% to 6.3% over 5 years
QuarterOperating margin
FY225.4%
FY236.3%
FY246.1%
FY250.2%
FY26−0.1%

Change on the year before (points)

  • Change on the year before (points) −0.3 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY22–
FY23+0.9 pts
FY24−0.2 pts
FY25−5.9 pts
FY26−0.3 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jul 2026: operating margin −0.3% (−0.5 points on a year earlier)

  • Operating margin −0.3%
Jul 2026: operating margin −0.3% (−0.5 points on a year earlier)
QuarterOperating margin
Oct 20236.7%
Jan 20244.8%
Apr 20243.6%
Jul 20242.7%
Oct 20241.7%
Jan 2025−6%
Apr 2025−0.9%
Jul 20250.2%
Oct 20251.6%
Jan 2026−1.4%
Apr 2026−1%
Jul 2026−0.3%

Change on a year earlier (points)

  • Change on a year earlier (points) −0.5 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Oct 2023−1.6 pts
Jan 2024+0.7 pts
Apr 2024−2.9 pts
Jul 2024−4.2 pts
Oct 2024−5.0 pts
Jan 2025−10.8 pts
Apr 2025−4.5 pts
Jul 2025−2.5 pts
Oct 2025−0.1 pts
Jan 2026+4.6 pts
Apr 2026−0.1 pts
Jul 2026−0.5 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Titan Machinery's profit turning into cash?

Over the last 3 years, 50% of Titan Machinery Inc.'s reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in $137 M of operating cash against −$54.2 M of profit. After $22.4 M of spending on assets, $115 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash $137 M against profit −$54.2 M; 50% of 3 years' profit came in as cash

  • Operating cash $137 M
  • Net profit −$54.2 M
  • Free cash $115 M
FY26: operating cash $137 M against profit −$54.2 M; 50% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY22$159 M$65.1 M$121 M
FY23$10.8 M$101 M−$26.4 M
FY24−$32.3 M$111 M−$94.6 M
FY25$70.3 M−$36.9 M$18.4 M
FY26$137 M−$54.2 M$115 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jul 2026: operating cash −$2.0 M

  • Operating cash (quarterly) −$2.0 M
Jul 2026: operating cash −$2.0 M
QuarterOperating cash (quarterly)
Oct 2023$40.6 M
Jan 2024$49.8 M
Apr 2024−$32.4 M
Jul 2024−$15.0 M
Oct 2024−$8.8 M
Jan 2025$126 M
Apr 2025$6.2 M
Jul 2025$43.7 M
Oct 2025$34.0 M
Jan 2026$53.6 M
Apr 2026−$23.1 M
Jul 2026−$2.0 M

Operating cash as % of profit

  • Operating cash as % of profit 2,913%
Operating cash as % of profit
QuarterOperating cash as % of profit
Oct 2023137%
Jan 2024211%
Apr 2024−347%
Jul 2024–
Oct 2024−527%
Jan 2025–
Apr 2025–
Jul 2025–
Oct 20252,913%
Jan 2026–
Apr 2026–
Jul 2026–
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Titan Machinery's cash go?

Titan Machinery Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $137 M on assets over the last 3 years. Averaged over those years that is 1.9% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $137 M over the last 3 years.

FY26: capex $22.4 M, down from the year before

  • Capex $22.4 M
FY26: capex $22.4 M, down from the year before
QuarterCapex
FY22$37.6 M
FY23$37.2 M
FY24$62.4 M
FY25$51.8 M
FY26$22.4 M
Capital spending each year, $ M.

Jul 2026: capex $3.6 M in the quarter

  • Capex (quarterly) $3.6 M
Jul 2026: capex $3.6 M in the quarter
QuarterCapex (quarterly)
Oct 2023$13.9 M
Jan 2024$20.4 M
Apr 2024$13.7 M
Jul 2024$8.8 M
Oct 2024$8.3 M
Jan 2025$21.0 M
Apr 2025$8.0 M
Jul 2025$7.7 M
Oct 2025$2.7 M
Jan 2026$4.0 M
Apr 2026$2.5 M
Jul 2026$3.6 M

Free cash

  • Free cash −$5.5 M
Free cash
QuarterFree cash
Oct 2023$26.7 M
Jan 2024$29.3 M
Apr 2024−$46.1 M
Jul 2024−$23.8 M
Oct 2024−$17.1 M
Jan 2025$105 M
Apr 2025−$1.8 M
Jul 2025$36.0 M
Oct 2025$31.3 M
Jan 2026$49.6 M
Apr 2026−$25.6 M
Jul 2026−$5.5 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Titan Machinery's P/E ratio, and how does it compare with its own history?

Titan Machinery Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Titan Machinery Inc. at 0.2× its FY26 revenue of $2.4 B. The P/E comes back here once profit turns positive.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

PEG 0.31 at the Jul 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.31×
  • PEG = 1.0 1.00×
PEG 0.31 at the Jul 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Oct 20210.51×1.00×
Jan 20220.44×1.00×
Apr 20220.38×1.00×
Jul 20220.35×1.00×
Oct 20220.34×1.00×
Jan 20230.36×1.00×
Apr 20230.25×1.00×
Jul 20230.27×1.00×
Oct 20230.21×1.00×
Jan 20240.24×1.00×
Apr 20240.28×1.00×
Jul 20240.35×1.00×
Oct 20240.31×1.00×
Jan 20250.31×1.00×
Apr 20250.31×1.00×
Jul 20250.31×1.00×
Oct 20250.31×1.00×
Jan 20260.31×1.00×
Apr 20260.31×1.00×
Jul 20260.31×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters.
—P/E · earnings negative
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Is the Titan Machinery business getting better or worse?

Titan Machinery Inc.'s business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −10.7% in the latest quarter, against +24.9% at its best in 12 quarters, with ROCE falling at -4.5%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −10.2% in FY26

  • Revenue growth −10.2%
Growth year by year: revenue −10.2% in FY26
QuarterRevenue growth
FY22–
FY2329.1%
FY2424.9%
FY25−2%
FY26−10.2%

Profit growth, EPS growth

  • Profit growth −133.3%
  • EPS growth −133.1%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY22––
FY2354.6%53.8%
FY2410.3%9.8%
FY25−133.3%−133.1%
FY26––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising

  • Revenue −10.7%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Oct 202316.7%
Jan 202424.9%
Apr 202421.6%
Jul 202414%
Oct 202412.3%
Jan 2025−2%
Apr 2025−5.3%
Jul 2025−8.1%
Oct 2025−8.9%
Jan 2026−10.2%
Apr 2026−11.7%
Jul 2026−10.7%

Profit, EPS

  • Profit −300%
  • EPS −300%
Profit, EPS
QuarterProfitEPS
Oct 20230.4%−0.2%
Jan 202410.3%10%
Apr 2024−14.9%−15.2%
Jul 2024−49.8%−50%
Oct 2024−71.2%−71.4%
Jan 2025−133.3%−133.2%
Apr 2025−163.6%−163.3%
Jul 2025−204.9%−204.5%
Oct 2025−300%−300%
Jan 2026––
Apr 2026––
Jul 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE −4.5%
ROCE: the return line, worked out each quarter
QuarterROCE
Oct 202321.3%
Jan 202422.1%
Apr 202419.8%
Jul 202415.7%
Oct 202411.1%
Jan 20250.7%
Apr 2025−2.6%
Jul 2025−4.4%
Oct 2025−4.5%
Jan 2026–
Apr 2026–
Jul 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest −10.7%, range −11.7% to +24.9%
FallingProfit growth · latest −303.7%, range −303.7% to +10.3%
FallingEPS growth · latest −303.7%, range −303.7% to +10.0%
FallingROCE · latest −4.5%, range −4.5% to 22.1%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−10.2%+3.2%——
Stock price+42.4%———
−9.2%Revenue growth (Jul 2026) · latest quarter against a year ago
9.1%Revenue, 4 years · yearly growth over the long run

How much does Titan Machinery earn on its capital?

Titan Machinery Inc. earned a ROE of −9% in FY26. Its return on capital used (ROIC) is 6.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −2.2% net margin and 1.50× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY26): a −2.2% net margin × 1.50× asset turnover × 2.79× leverage (assets divided by equity) ≈ −9.2% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: −0.4% − 6.5% = −6.9 percentage points. The 6.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY26: ROE −9%, the full history

  • ROE −9.4%
  • ROIC (annual) −0.2%
  • Cost of capital 6.5%
FY26: ROE −9%, the full history
QuarterROEROIC (annual)Cost of capital
FY2215%11.8%6.5%
FY2318.8%14.1%6.5%
FY2416.9%9.6%6.5%
FY25−6%0.4%6.5%
FY26−9.4%−0.2%6.5%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 6.5% cost of capital used on this page.

Jul 2026: ROIC −0.4% (last 12 months) against a 6.5% cost of capital

  • ROIC (12 months) −0.4%
  • ROE (12 months) −8.8%
  • Cost of capital 6.5%
Jul 2026: ROIC −0.4% (last 12 months) against a 6.5% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Oct 20232.8%21.6%6.5%
Jan 20242.6%19.8%6.5%
Apr 20241.9%14.9%6.5%
Jul 20240.9%5.7%6.5%
Oct 20240.9%−2.6%6.5%
Jan 20250.6%1%6.5%
Apr 2025−2.6%−27.3%6.5%
Jul 2025−0.3%−8.7%6.5%
Oct 20250.1%−3.9%6.5%
Jan 20260.3%0.8%6.5%
Apr 2026−0.6%−24.3%6.5%
Jul 2026−0.4%−8.8%6.5%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Titan Machinery have too much debt?

Titan Machinery Inc. has total debt of $896 M against shareholder equity of $558 M as of Jul 2026, so its debt is 1.61× its equity. Year by year, that ratio went from 0.67 in FY22 to 1.44 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt $833 M, 1.44× equity

  • Total debt $833 M
FY26: debt $833 M, 1.44× equity
QuarterTotal debt
FY22$290 M
FY23$416 M
FY24$1.1 B
FY25$1.0 B
FY26$833 M

Debt-to-equity

  • Debt-to-equity 1.44×
Debt-to-equity
QuarterDebt-to-equity
FY220.67×
FY230.78×
FY241.64×
FY251.63×
FY261.44×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Jul 2026: debt $896 M, debt-to-equity 1.61

  • Total debt (quarterly) $896 M
Jul 2026: debt $896 M, debt-to-equity 1.61
QuarterTotal debt (quarterly)
Oct 2023$853 M
Jan 2024$1.1 B
Apr 2024$1.2 B
Jul 2024$1.3 B
Oct 2024$1.2 B
Jan 2025$1.0 B
Apr 2025$1.0 B
Jul 2025$1.1 B
Oct 2025$1.0 B
Jan 2026$833 M
Apr 2026$858 M
Jul 2026$896 M

Debt-to-equity

  • Debt-to-equity 1.61×
Debt-to-equity
QuarterDebt-to-equity
Oct 20231.36×
Jan 20241.64×
Apr 20241.82×
Jul 20242.03×
Oct 20241.84×
Jan 20251.63×
Apr 20251.67×
Jul 20251.82×
Oct 20251.65×
Jan 20261.44×
Apr 20261.52×
Jul 20261.61×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Titan Machinery shareholding pattern?

6.1% of Titan Machinery Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 6.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

6.1%Short interest · of the tradable float
6.3Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Titan Machinery from balance-sheet trouble?

For Titan Machinery Inc., the Z-score is 2.09. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 2.09 is in the grey area, neither clearly safe nor clearly in trouble.

How does Titan Machinery rank in its industry?

48.0 out of 100, rank 10 of 20 in Industrial Distribution, with 67% of the evidence available.

Titan Machinery Inc. scores 48.0 out of 100 against the 20 companies it is compared with in Industrial Distribution, ranking 10. Relative strength against the index is 9.3%, and revenue and profit growth are weak.

The four parts add up to the total exactly: 15.4 + 4.5 + 11.2 + 16.9 = 48. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Titan Machinery compared with?

Titan Machinery ranks 10 of 20 Industrial Distribution companies on the 4-Factor Sector Score, with 48.0 out of 100.

  1. 1Global Industrial CompanyGIC · leader · Most evidence points up · 81% evidence70.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.4/35 · Revenue 8.5% · Profit 29.9% · Operating margin change -2 points · 83% evidenceCapital efficiency 17.4/25 · ROCE 22.1% · Operating margin 7.3% · 76% evidenceValuation 15.8/20 · P/E 14.9× · PEG 0.49 · 65% evidenceRelative strength 19.3/20 · Lead over its industry 24.5% · Lead over S&P 500 31.1% · 1 year 74.3% · 100% evidence · 12 of 12 weeks aheadExact sum: 18.4 + 17.4 + 15.8 + 19.3 = 70.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Fastenal CompanyFAST · losing its lead · Most evidence points up · 85% evidence65.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.6/35 · Revenue 13.5% · Profit 15.7% · Operating margin change 0.8 points · 95% evidenceCapital efficiency 21.4/25 · ROCE 41.2% · Operating margin 21.5% · 76% evidenceValuation 5.8/20 · P/E 40.1× · PEG 2.68 · 65% evidenceRelative strength 12.7/20 · Lead over its industry 0.8% · Lead over S&P 500 6.1% · 1 year 28.1% · 100% evidence · 6 of 12 weeks aheadExact sum: 25.6 + 21.4 + 5.8 + 12.7 = 65.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3Ferguson Enterprises Inc.FERG · basing · Evidence leans up · 81% evidence61.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.2/35 · Revenue 5.1% · Profit 23.7% · Operating margin change -0.1 points · 83% evidenceCapital efficiency 18.1/25 · ROCE 22.1% · Operating margin 10.2% · 76% evidenceValuation 14.4/20 · P/E 22.6× · PEG 0.86 · 65% evidenceRelative strength 6.7/20 · Lead over its industry -7% · Lead over S&P 500 -2.1% · 1 year -0.4% · 100% evidence · 1 of 12 weeks aheadExact sum: 22.2 + 18.1 + 14.4 + 6.7 = 61.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4W.W. Grainger, Inc.GWW · turning · Evidence leans up · 81% evidence60.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.4/35 · Revenue 7.8% · Profit -2.7% · Operating margin change 1.2 points · 83% evidenceCapital efficiency 20.5/25 · ROCE 39.6% · Operating margin 16.1% · 76% evidenceValuation 4.7/20 · P/E 34.3× · PEG 3.23 · 65% evidenceRelative strength 17.8/20 · Lead over its industry 11% · Lead over S&P 500 17% · 1 year 56% · 100% evidence · 1 of 12 weeks aheadExact sum: 17.4 + 20.5 + 4.7 + 17.8 = 60.4 · What this means: Relative strength against the index is 17%, and revenue and profit growth are weak.
  5. 5Xometry, Inc.XMTR · turning · Evidence leans up · 61% evidence56.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.2/35 · Revenue 33.4% · Profit — · Operating margin change 3.9 points · 62% evidenceCapital efficiency 3.0/25 · ROCE -3.6% · Operating margin -2.4% · 76% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 18.6/20 · Lead over its industry 38.3% · Lead over S&P 500 46.1% · 1 year 75.2% · 100% evidence · 5 of 12 weeks aheadExact sum: 25.2 + 3 + 10 + 18.6 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6MSC Industrial Direct Co., Inc.MSM · quiet · Evidence leans up · 85% evidence55.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.3/35 · Revenue 6.4% · Profit 11% · Operating margin change 1.7 points · 95% evidenceCapital efficiency 17.2/25 · ROCE 21.1% · Operating margin 10.9% · 76% evidenceValuation 7.4/20 · P/E 29.9× · PEG 2.48 · 65% evidenceRelative strength 8.8/20 · Lead over its industry -1.4% · Lead over S&P 500 4% · 1 year 31.8% · 100% evidence · 2 of 12 weeks aheadExact sum: 22.3 + 17.2 + 7.4 + 8.8 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7EVI Industries, Inc.EVI · breaking out · Evidence leans up · 81% evidence52.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.2/35 · Revenue 14.1% · Profit 0% · Operating margin change 0.6 points · 83% evidenceCapital efficiency 8.1/25 · ROCE 7.2% · Operating margin 4.6% · 76% evidenceValuation 11.7/20 · P/E 29× · PEG 1.34 · 65% evidenceRelative strength 14.6/20 · Lead over its industry -1.1% · Lead over S&P 500 4.1% · 1 year -21.2% · 100% evidence · 8 of 12 weeks aheadExact sum: 18.2 + 8.1 + 11.7 + 14.6 = 52.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8SiteOne Landscape Supply, Inc.SITE · turning · Evidence leans down · 81% evidence49.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.4/35 · Revenue 3.3% · Profit 30.6% · Operating margin change 0.1 points · 83% evidenceCapital efficiency 10.2/25 · ROCE 9.4% · Operating margin 12.9% · 76% evidenceValuation 12.7/20 · P/E 31.7× · PEG 0.96 · 65% evidenceRelative strength 6.8/20 · Lead over its industry -12.4% · Lead over S&P 500 -7.9% · 1 year -3.8% · 100% evidence · 2 of 12 weeks aheadExact sum: 19.4 + 10.2 + 12.7 + 6.8 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Pool CorporationPOOL · turning · Evidence leans down · 75% evidence48.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.3/35 · Revenue 2.9% · Profit -3.9% · Operating margin change -0.9 points · 95% evidenceCapital efficiency 17.9/25 · ROCE 21.2% · Operating margin 11.4% · 76% evidenceValuation 10.7/20 · P/E 14.9× · PEG — · 15% evidenceRelative strength 9.3/20 · Lead over its industry -7.6% · Lead over S&P 500 -2.8% · 1 year -13% · 100% evidence · 3 of 12 weeks aheadExact sum: 10.3 + 17.9 + 10.7 + 9.3 = 48.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Titan Machinery Inc. this pageTITN · breaking out · Evidence leans down · 67% evidence48.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.4/35 · Revenue -10.7% · Profit — · Operating margin change -0.5 points · 71% evidenceCapital efficiency 4.5/25 · ROCE -0.6% · Operating margin -0.3% · 76% evidenceValuation 11.2/20 · P/E -6.1× · PEG — · 15% evidenceRelative strength 16.9/20 · Lead over its industry 3.8% · Lead over S&P 500 9.3% · 1 year 42.4% · 100% evidence · 11 of 12 weeks aheadExact sum: 15.4 + 4.5 + 11.2 + 16.9 = 48 · What this means: Relative strength against the index is 9.3%, and revenue and profit growth are weak.
  11. 11Applied Industrial Technologies, Inc.AIT · quiet · Evidence leans down · 81% evidence47.6out of 100GrowthCapitalValuationRelative
  12. 12BlueLinx Holdings Inc.BXC · losing its lead · Too little evidence to rank firmly · 58% evidence47.3out of 100GrowthCapitalValuationRelative
  13. 13WESCO International, Inc.WCC · losing its lead · Evidence leans down · 81% evidence45.8out of 100GrowthCapitalValuationRelative
  14. 14Distribution Solutions Group, Inc.DSGR · losing its lead · Evidence leans down · 71% evidence45.5out of 100GrowthCapitalValuationRelative
  15. 15Core & Main, Inc.CNM · turning · Evidence leans down · 85% evidence42.6out of 100GrowthCapitalValuationRelative
  16. 16DXP Enterprises, Inc.DXPE · losing its lead · Evidence leans down · 81% evidence39.5out of 100GrowthCapitalValuationRelative
  17. 17Resideo Technologies, Inc.REZI · basing · Too little evidence to rank firmly · 58% evidence36.1out of 100GrowthCapitalValuationRelative
  18. 18DNOW Inc.DNOW · quiet · Most evidence points down · 71% evidence34.3out of 100GrowthCapitalValuationRelative
  19. 19QXO, Inc.QXO · basing · Most evidence points down · 64% evidence32.5out of 100GrowthCapitalValuationRelative
  20. 20Watsco, Inc.WSO · basing · Most evidence points down · 81% evidence32.0out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Industrial Distribution, all 20 compared on one page.

Which companies are close to Titan Machinery in size?

Titan Machinery is the 19th largest of 20 Industrial Distribution companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: DNOW Inc., DXP Enterprises, Inc., Global Industrial Company, Distribution Solutions Group, Inc. and BlueLinx Holdings Inc. Just below it: EVI Industries, Inc.

Industrial Distribution companies close in size

  1. DNOW Inc. $2.8 billion
  2. DXP Enterprises, Inc. $2.5 billion
  3. Global Industrial Company $1.8 billion
  4. Distribution Solutions Group, Inc. $1.6 billion
  5. BlueLinx Holdings Inc. $586 million
  6. Titan Machinery Inc. $517 million
  7. EVI Industries, Inc. $280 million

All 20 Industrial Distribution companies, largest first

Companies close in size in other industries

  1. MMTec, Inc. $535 million · Software - Application
  2. Northrim BanCorp, Inc. $534 million · Banks - Regional
  3. Titan Machinery Inc. $534 million
  4. Fulgent Genetics, Inc. $533 million · Diagnostics & Research
  5. The RMR Group Inc. $533 million · Real Estate Services

What else do people ask about Titan Machinery?

What were Titan Machinery's latest quarterly results?

Titan Machinery Inc. reported revenue of $496 M and a net loss of $9.2 M for the Jul 2026 quarter. Earnings per share were −$0.40. The operating margin was −0.3%, 0.5 percentage points lower than a year earlier (as of 4 November 2026).

What is Titan Machinery's market cap?

Titan Machinery Inc.'s market capitalisation is $517 M at a stock price of $22.52. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Titan Machinery performing?

Titan Machinery Inc.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 10 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Titan Machinery's stock price go up?

This page does not forecast Titan Machinery Inc.'s stock price. What it shows instead: the stock price is $22.52. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Titan Machinery in its business cycle?

Titan Machinery Inc.'s FY26 operating margin was −0.1%, against a 5-year range of −0.1% to 6.3%: the low end of its own range, which is often where recoveries start. The latest quarter was −0.3%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Titan Machinery story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Titan Machinery a stock worth studying right now?

What the numbers show: Titan Machinery Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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