TITAN MACHINERY INC (TITN)
Industrials · agricultural and construction equipment distribution and dealership · NASDAQ
Titan Machinery is a 144-store equipment dealer network serving agricultural and construction customers across North America, Europe, and Australia, primarily selling CNH Industrial brands.
What TITAN MACHINERY INC does
Titan Machinery Inc. is a dealer network of agricultural and construction equipment stores across the United States, Europe, and Australia. Operating 90 U.S. stores, 39 European stores, and 15 Australian stores, the company is the world's largest retail dealer of Case IH Agriculture equipment and a major dealer of CNH Industrial brands (Case IH, New Holland, Case Construction). The company generates revenue from new and used equipment sales, parts sales, repair and maintenance services, and equipment rental.
Themes: ["agricultural equipment distribution","construction equipment distribution","dealer network consolidation","equipment rental","parts and service revenue"]
Fundamentals
- Price$17.96 as of 2026-07-09 close
- Market cap$418M as of 2026-07-10
- 1-year return-13.4% as of 2026-07-09 close
- Net margin-2.3% as of 2026-07-10
- Gross margin+16.2% as of 2026-07-10
- ROE-9.0% as of 2026-07-10
- Debt / equity1.43 as of 2026-07-10
- Revenue growth (YoY)-11.7% as of 2026-07-10
- Revenue CAGR (3y)+3.2% SEC XBRL
- Beta1.42 as of 2026-07-10
Key risks (from latest filing)
["Heavy dependence on CNH Industrial relationship: equipment sales are authorized dealer relationships with CNH brands (Case IH, New Holland), exposing the company to CNH's manufacturing decisions and market share changes","Cyclical agricultural and construction markets: revenue is sensitive to commodity prices, weather patterns, and economic cycles that affect farm and construction spending","Inventory concentration and financial leverage: the company carries significant inventory ($914.8M) financed through floorplan payables ($588.9M), creating exposure to interest rates and inventory turnover challenges"]
Competitors & peers
- John Deere dealer networks
- Kubota dealer networks
- AGCO dealer networks
- Caterpillar dealer networks
- Hitachi Construction Machinery dealers
- Komatsu dealers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.