Titan International, Inc. Reports Second Quarter Financial Results
Titan International (NYSE:TWI), a leading manufacturer of off-highway wheels and tires, reported its Q2 2025 financial results. The company achieved revenues of $461 million, with a gross margin of 15%, Adjusted EBITDA of $30 million, and Free Cash Flow of $4 million.
Management highlighted that despite challenging market conditions due to higher interest rates and tariff uncertainty, the company maintained gross and EBITDA margins above previous cyclical troughs. For Q3 2025, Titan expects sales between $450-475 million and Adjusted EBITDA of $25-30 million, representing improvements compared to Q3 2024.
Titan International (NYSE:TWI), un produttore leader di ruote e pneumatici per veicoli off-highway, ha comunicato i risultati finanziari del secondo trimestre 2025. L'azienda ha registrato ricavi per 461 milioni di dollari, con un margine lordo del 15%, un EBITDA rettificato di 30 milioni di dollari e un flusso di cassa libero di 4 milioni di dollari.
La direzione ha sottolineato che, nonostante le difficili condizioni di mercato dovute all'aumento dei tassi d'interesse e all'incertezza sui dazi, l'azienda ha mantenuto margini lordi e EBITDA superiori ai precedenti minimi ciclici. Per il terzo trimestre 2025, Titan prevede vendite tra 450 e 475 milioni di dollari e un EBITDA rettificato tra 25 e 30 milioni di dollari, con un miglioramento rispetto al terzo trimestre 2024.
Titan International (NYSE:TWI), un fabricante líder de ruedas y neumáticos para vehículos fuera de carretera, informó sus resultados financieros del segundo trimestre de 2025. La empresa alcanzó ingresos de 461 millones de dólares, con un margen bruto del 15%, un EBITDA ajustado de 30 millones de dólares y un flujo de caja libre de 4 millones de dólares.
La gerencia destacó que, a pesar de las condiciones de mercado desafiantes debido a las tasas de interés más altas y la incertidumbre arancelaria, la compañía mantuvo márgenes brutos y EBITDA por encima de los mínimos cíclicos anteriores. Para el tercer trimestre de 2025, Titan espera ventas entre 450 y 475 millones de dólares y un EBITDA ajustado de 25 a 30 millones de dólares, lo que representa mejoras en comparación con el tercer trimestre de 2024.
Titan International (NYSE:TWI)는 오프하이웨이용 휠 및 타이어의 선도적인 제조업체로서 2025년 2분기 재무 실적을 발표했습니다. 회사는 4억 6,100만 달러의 매출을 달성했으며, 총이익률 15%, 조정 EBITDA 3,000만 달러, 자유 현금 흐름 400만 달러를 기록했습니다.
경영진은 금리 상승과 관세 불확실성으로 인한 어려운 시장 환경에도 불구하고, 회사가 이전 경기 저점 대비 총이익률과 EBITDA 마진을 유지했다고 강조했습니다. 2025년 3분기에는 매출 4억 5,000만~4억 7,500만 달러, 조정 EBITDA 2,500만~3,000만 달러를 예상하며, 이는 2024년 3분기 대비 개선된 수치입니다.
Titan International (NYSE:TWI), un fabricant de premier plan de roues et pneus hors route, a publié ses résultats financiers pour le deuxième trimestre 2025. La société a réalisé un chiffre d'affaires de 461 millions de dollars, avec une marge brute de 15%, un EBITDA ajusté de 30 millions de dollars et un flux de trésorerie disponible de 4 millions de dollars.
La direction a souligné que, malgré des conditions de marché difficiles dues à la hausse des taux d'intérêt et à l'incertitude tarifaire, l'entreprise a maintenu des marges brutes et un EBITDA au-dessus des creux cycliques précédents. Pour le troisième trimestre 2025, Titan prévoit des ventes entre 450 et 475 millions de dollars et un EBITDA ajusté entre 25 et 30 millions de dollars, ce qui représente une amélioration par rapport au troisième trimestre 2024.
Titan International (NYSE:TWI), ein führender Hersteller von Off-Highway-Rädern und -Reifen, meldete seine Finanzergebnisse für das zweite Quartal 2025. Das Unternehmen erzielte Einnahmen von 461 Millionen US-Dollar, mit einer Bruttomarge von 15%, einem bereinigten EBITDA von 30 Millionen US-Dollar und einem Free Cash Flow von 4 Millionen US-Dollar.
Das Management hob hervor, dass trotz herausfordernder Marktbedingungen aufgrund höherer Zinssätze und Zollunsicherheiten das Unternehmen Brutto- und EBITDA-Margen über den vorherigen zyklischen Tiefpunkten halten konnte. Für das dritte Quartal 2025 erwartet Titan Umsätze zwischen 450 und 475 Millionen US-Dollar und ein bereinigtes EBITDA von 25 bis 30 Millionen US-Dollar, was eine Verbesserung gegenüber dem dritten Quartal 2024 darstellt.
- Maintained gross and EBITDA margins above previous cyclical troughs
- Generated positive free cash flow of $4 million in Q2
- Q3 2025 guidance shows improvement compared to Q3 2024
- Successfully executing one-stop-shop strategy and innovation focus
- Market conditions impacted by higher interest rates
- Facing uncertainty due to tariff concerns
- Current market demand affected by cyclical downturn
Insights
Titan posted in-line Q2 results amid industry challenges, maintaining margins above cyclical lows with positive cash flow.
Titan International delivered
The results reflect a company navigating through macroeconomic headwinds—specifically higher interest rates and tariff uncertainties—while maintaining profitability levels significantly above previous down-cycles. This suggests improved operational efficiency and cost management compared to historical performance.
Looking ahead, management's Q3 guidance of
The company's strategic focus on their "one-stop-shop" approach and innovation investments appears positioned to capture growth when industry demand recovers. Management's optimism about recently-passed legislation supporting farmers could be a potential catalyst, as agricultural equipment represents a significant portion of Titan's market exposure.
While not explicitly breaking out segment performance, the results demonstrate Titan's ability to generate positive cash flow even during challenged market conditions, preserving financial flexibility while awaiting the expected cyclical recovery in their off-highway equipment markets.
Q2 2025 Key Figures
- Revenues of
$461 million - Gross margin of
15% - Adjusted EBITDA of
$30 million - Free Cash Flow of
$4 million
Paul Reitz, President and Chief Executive Officer, commented, "Our One Titan team continued to execute, enabling the Company to report revenues and Adjusted EBITDA within our guidance range, as well as positive free cash flow for the quarter. Overall conditions in our end markets are currently defined primarily by the impact of higher interest rates and tariff uncertainty. On a longer-term basis, we are encouraged by the broad support the recently-passed legislation included for farmers."
Mr. Reitz continued, "Among the highlights from our second quarter, we were able to maintain gross and EBITDA margins which continued to be meaningfully above where they were during the last cyclical trough. We also continued to focus on expanding our reach via our one-stop-shop strategy and our focus on innovation, and we expect those efforts to help drive growth when broad-based industry demand resumes. In the near term, we remain confident that wheel and tire inventories throughout the chain are reaching levels where the only path forward is up. We are well-positioned as a leader in our industry and fully expect to see improving financial results as macro tailwinds begin to emerge."
Company Outlook
David Martin, Chief Financial Officer, added, "We expect third quarter sales to be between
About Titan
Titan International, Inc. (NYSE: TWI) is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. Headquartered in
Safe Harbor Statement
This press release contains forward-looking statements. These forward-looking statements are covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "plan," "would," "could," "potential," "may," "will," and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. Although we believe the assumptions upon which these forward-looking statements are based are reasonable, these assumptions are subject to significant risks and uncertainties, and are subject to change based on various factors, some of which are beyond Titan International, Inc.'s control. As a result, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect. The matters discussed in these forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results and trends to differ materially from those made, projected, or implied in or by the forward-looking statements depending on a variety of uncertainties or other factors including, but not limited to, the effect of a recession on the Company and its customers and suppliers; changes in the Company's end-user markets into which the Company sells its products as a result of domestic and world economic or regulatory influences or otherwise; changes in the marketplace, including new products and pricing changes by the Company's competitors; the Company's ability to maintain satisfactory labor relations; unfavorable outcomes of legal proceedings; the Company's ability to comply with current or future regulations applicable to the Company's business and the industry in which it competes or any actions taken or orders issued by regulatory authorities; availability and price of raw materials; levels of operating efficiencies; the effects of the Company's indebtedness and its compliance with the terms thereof; changes in the interest rate environment and their effects on the Company's outstanding indebtedness; unfavorable product liability and warranty claims; actions of domestic and foreign governments, including the imposition of additional tariffs; geopolitical and economic uncertainties relating to the countries in which the Company operates or does business; risks associated with acquisitions, including difficulty in integrating operations and personnel, disruption of ongoing business, and increased expenses; results of investments; the effects of potential processes to explore various strategic transactions, including potential dispositions; fluctuations in currency translations; risks associated with environmental laws and regulations; risks relating to our manufacturing facilities, including that any of our material facilities may become inoperable; risks relating to financial reporting, internal controls, tax accounting, and information systems; and the other risks and factors detailed in the Company's periodic reports filed with the Securities and Exchange Commission, including the disclosures under "Risk Factors" in those reports. These forward-looking statements are made only as of the date hereof. The Company cautions that any forward-looking statements included in this press release are subject to a number of risks and uncertainties, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events, or for any other reason, except as required by law.
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SOURCE Titan International, Inc.
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