Company
Titan Machinery Inc.
Headquarters: West Fargo, ND, United States
Employees: 2,249
CEO: Mr. David Joseph Meyer
Market Cap
$638.0 Million
USD as of Jan. 1, 2024
Titan Machinery Inc. Categories
United States Industrials Industrial DistributionUnited States Industrials United States Industrial Distribution
Top Competitors by Market Capitalization
Industry: Industrial Distribution
| Company | Market Cap (USD) |
|---|---|
| Rational AG | $50.16 B |
| W.W. Grainger, Inc. | $40.50 B |
| Ferguson plc | $39.27 B |
| Fastenal Company | $35.55 B |
| Watsco, Inc. | $16.17 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Boeing | $148.18 B |
| Union Pacific | $147.34 B |
| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
Detailed Description
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. It operates through three segments: Agriculture, Construction, and International. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, feed grain, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, road and highway construction machinery, and energy and forestry operations equipment. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; and Bulgaria, Germany, Romania, Serbia, and Ukraine, Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
Titan Machinery Inc. has the following listings and related stock indices.
Stock: NASDAQ: TITN wb_incandescent
Stock: FSX: 3TY wb_incandescent
Product & Services
Case IH, New Holland Agriculture, Case CE, New Holland Construction
Key People
David Meyer, CEO
Financials
Revenue: $1.094 billion (2011)
Operating income: $44 million (2011)
Net income: $22 million (2011)