Titan Machinery (TITN) Current Taxes (2011 - 2023)
Titan Machinery's Current Taxes came in at $5.62 million for fiscal Q3 2024 (quarter ended Oct 31, 2023), down 64.7% from $15.92 million a year earlier and down 28.6% from the prior quarter.
Titan Machinery (TITN) Current Taxes (2011 - 2023) Analysis & Trends
At the end of FY2023 (ended Jan 31, 2023), Titan Machinery's Current Taxes was $3.85 million, down 18.2% from FY2022.
- Current Taxes carries a three-year compound annual growth rate of 328.1% (FY2020 to FY2023).
- Going back by fiscal year, Current Taxes was $4.7 million in FY2022 (-57.5%), $11.05 million in FY2021 and $49,000 in FY2020.
- The five-year range for quarterly Current Taxes is $49,000 (fiscal Q4 2020) to $15.92 million (fiscal Q3 2023).
- Year-over-year, Current Taxes increased in four of the last eight quarters, with growth averaging 21.5%.
- The fastest year-over-year change in Current Taxes over five years came in fiscal Q2 2023 (growth of 169.3%), and the weakest in fiscal Q3 2024 (a decline of 64.7%).
- Business Quant data shows TITN's Current Taxes at $7.87 million (Q2 2024), $11.15 million (Q1 2024) and $3.85 million (Q4 2023) in the three fiscal quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 48.00 Mn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 16.20 Mn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | - |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 17.20 Mn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | - |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | - |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | - |
| 10 | Titan Machinery | 552.39 Mn | 552.39 Mn | 92.40 Mn | - |
Historic 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 |
Titan Machinery Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=TITN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "TITN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=TITN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();