Titan Machinery (TITN) Current Taxes (2011 - 2023)
Titan Machinery (TITN) posted Current Taxes of $5.6 million for Q4 2023, down 28.57% sequentially from $7.9 million in Q3 2023, and down 64.68% YoY from $15.9 million in Q4 2022.
Titan Machinery (TITN) Current Taxes (2011 - 2023) Analysis & Trends
Titan Machinery has reported Current Taxes for 10 years, with the latest figure at $5.6 million in Q4 2023.
- Quarterly Current Taxes fell 64.68% year-over-year to $5.6 million in Q4 2023, while the trailing twelve-month figure through Oct 2023 was $5.6 million (down 64.68% YoY) and the FY2023 annual result came in at $3.8 million, down 18.19% from the prior year.
- Current Taxes eased to $5.6 million in Q4 2023 per TITN's latest filing, from $7.9 million in the prior quarter.
- Over five years, Current Taxes peaked at $15.9 million in Q4 2022 and troughed at $49000.0 in Q1 2020.
- A 4-year average of $7.7 million and a median of $6.8 million in 2021 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2021 and 2023: Current Taxes jumped 22446.94% in 2021, then tumbled 64.68% in 2023.
- Over 4 years, Current Taxes stood at $49000.0 in 2020, then surged by 13742.86% to $6.8 million in 2021, then soared by 134.67% to $15.9 million in 2022, then sank by 64.68% to $5.6 million in 2023.
- According to Business Quant data, Current Taxes over the past three periods registered $5.6 million, $7.9 million, and $11.2 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 48.00 Mn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 16.20 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | - |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | - |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | - |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | - |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | - |
| 10 | Titan Machinery | 413.11 Mn | 413.11 Mn | 89.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 5.62 Mn |
| Jul 31, 2023 | 7.87 Mn |
| Apr 30, 2023 | 11.15 Mn |
| Jan 31, 2023 | 3.85 Mn |
| Oct 31, 2022 | 15.92 Mn |
| Jul 31, 2022 | 6.29 Mn |
| Apr 30, 2022 | 9.46 Mn |
| Jan 31, 2022 | 4.70 Mn |
| Oct 31, 2021 | 6.78 Mn |
| Jul 31, 2021 | 2.34 Mn |
| Apr 30, 2021 | 14.51 Mn |
| Jan 31, 2021 | 11.05 Mn |
| Jan 31, 2020 | 49,000.00 |
| Jul 31, 2016 | 38,000.00 |
| Apr 30, 2016 | 38,000.00 |
| Jan 31, 2016 | 152,000.00 |
| Jan 31, 2015 | 3.53 Mn |
| Oct 31, 2014 | 48,000.00 |
| Apr 30, 2014 | 3,000.00 |
| Jan 31, 2014 | 344,000.00 |