Titan Machinery Inc. (TITN) Stock

Titan Machinery Inc. (TITN) is a Consumer Discretionary stock trading at $18.05 (as of 2026-08-20), with a market capitalization of $421.55M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Titan Machinery Inc. operates stores selling and servicing agricultural and construction equipment in the United States and Europe through Agriculture, Construction, and International segments. It offers new and used equipment, parts, and repair/maintenance services for customers supporting farming, property and site work, and related construction and forestry or energy operations.

Understand Titan Machinery Inc.: how it makes money

Titan Machinery operates full-service agricultural and construction equipment stores in the United States and Europe, selling new and used equipment (including brands from CNH Industrial and other manufacturers) and also generating revenue from parts, service, and related items.

The company’s profit model depends on turning its equipment inventory into equipment sales efficiently (inventory turns), while parts and service contribute additional revenue streams; when inventory conversion and profitability do not keep up, operating results can fall below break-even (operating margin is negative in the latest period).

Revenue by segment (latest quarter)
Agriculture	$0.3B
Construction	$0.1B
International	$0.1B

Business quality (Weak): The latest-period snapshot shows segment revenue mix and several inventory-related operating metrics, but profitability is currently negative (operating margin -1.1%), and the view is limited to the provided period.

Bull case

Inventory efficiency is measurable and provided: Equipment Inventory Turns is 3.6, and Inventory Turns is 3.5, giving a direct read on how effectively inventory is being utilized.
Multiple revenue sources tied to equipment use: Beyond Equipment Sales Revenue (0.36B), the company also reports Parts Sales Revenue (0.1B) and Service Revenue (0.04B).
Segment diversification within equipment retail: Agriculture (0.34B) is the largest segment, with Construction (0.07B) and International (0.09B) also contributing to total revenue (0.5B).

Bear case

Profitability is currently negative: Gross margin is 17.1% but operating margin is -1.1% in the latest period, indicating operating costs and/or pricing and mix are not translating into profit.
Inventory intensity can amplify downturns: Equipment Inventory is 0.72B, so weaker equipment sales execution or slower turns can pressure results.
Smaller segments may add volatility: Construction segment revenue is 0.07B and International segment revenue is 0.09B, so adverse changes in either segment can have outsized impact on overall performance when profitability is already strained.

Valuation — source: SEC EDGAR (first-party)
Price	$18.05
Market Cap	$421.55M
EV / EBITDA	8.9
Price / Book	0.74
Price / Sales	0.18
DCF Value (model)	$46.84
DCF Upside vs Price	159.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.43B
Net Margin	-2.2%
Revenue Growth (YoY)	-10.2%
EPS Growth (YoY)	46.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.23 (grey)
Piotroski F-Score	5/9 (moderate)

Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Retail)	19.5

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. ($37.49M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Retail
CEO	Bryan J. Knutson
Employees	3,340
Country	US
IPO Date	2007-12-13

Related Companies (Business model: Brick-and-Mortar Retail (incl. Omnichannel); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.