Titan Machinery (TITN) Current Taxes (2011 - 2023)
Titan Machinery's (TITN) quarterly Current Taxes came in at $5.6 million in Q4 2023, down 64.68% year-on-year from $15.9 million in Q4 2022, and down 28.57% quarter-over-quarter from $7.9 million in Q3 2023.
Titan Machinery (TITN) Current Taxes (2011 - 2023) Analysis & Trends
Titan Machinery has disclosed Current Taxes across 10 years of filings, most recently posting $5.6 million for Q4 2023.
- Current Taxes for Q4 2023 came in at $5.6 million, down 64.68% year-over-year; the trailing twelve-month figure through Oct 2023 was $5.6 million (down 64.68% YoY), and the FY2023 annual result was $3.8 million, down 18.19% from the prior year.
- Current Taxes came in at $5.6 million for Q4 2023 at Titan Machinery, down from $7.9 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $15.9 million in Q4 2022 to a low of $49000.0 in Q1 2020.
- The 4-year median for Current Taxes is $6.8 million (2021), against an average of $7.7 million.
- Across the five-year window, Current Taxes surged 22446.94% in 2021 and tumbled 64.68% in 2023, its largest moves.
- Titan Machinery's Current Taxes stood at $49000.0 in 2020, then soared by 13742.86% to $6.8 million in 2021, then jumped by 134.67% to $15.9 million in 2022, then sank by 64.68% to $5.6 million in 2023.
- The last three Current Taxes figures came in at $5.6 million (Q4 2023), $7.9 million (Q3 2023), and $11.2 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn | 49.00 Mn |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 87.20 Mn |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | - |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | - |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | - |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | - |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | - |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | - |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | - |
| 10 | Titan Machinery | 546.41 Mn | 546.41 Mn | 86.96 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 |