Titan Machinery (TITN) Gross Margin (2010 - 2026)
Titan Machinery's Gross Margin came in at 18.61% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 1.48 percentage points from 17.14% a year earlier and up 1.52 percentage points from the prior quarter.
Titan Machinery (TITN) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Titan Machinery reported Gross Margin of 16.47%, up 3.06 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 15.76%, up 1.12 percentage points from FY2025.
- Gross Margin carries a five-year change of -2.76 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 14.64% in FY2025 (-4.62 pp), 19.26% in FY2024 (-0.65 pp), 19.91% in FY2023 (+0.47 pp) and 19.44% in FY2022 (+0.92 pp).
- The fiscal Q2 2027 figure represents the highest quarterly Gross Margin since fiscal Q1 2025.
- Year-over-year, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of -0.89 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q4 2026 (a gain of 6.84 percentage points), and the weakest in fiscal Q4 2025 (a drop of 9.84 percentage points).
- Business Quant data shows TITN's Gross Margin at 17.09% (Q1 2027), 13.55% (Q4 2026) and 17.22% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 31.02% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 40.10% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 28.09% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 21.85% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 30.40% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 27.50% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 31.73% |
| 10 | Titan Machinery | 552.39 Mn | 552.39 Mn | 92.40 Mn | 18.61% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.61% |
| Apr 30, 2026 | 17.09% |
| Jan 31, 2026 | 13.55% |
| Oct 31, 2025 | 17.22% |
| Jul 31, 2025 | 17.14% |
| Apr 30, 2025 | 15.30% |
| Jan 31, 2025 | 6.71% |
| Oct 31, 2024 | 16.25% |
| Jul 31, 2024 | 17.73% |
| Apr 30, 2024 | 19.37% |
| Jan 31, 2024 | 16.55% |
| Oct 31, 2023 | 19.93% |
| Jul 31, 2023 | 20.76% |
| Apr 30, 2023 | 20.82% |
| Jan 31, 2023 | 18.67% |
| Oct 31, 2022 | 20.87% |
| Jul 31, 2022 | 20.68% |
| Apr 30, 2022 | 19.24% |
| Jan 31, 2022 | 18.57% |
| Oct 31, 2021 | 20.37% |
Titan Machinery Gross Margin 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=gross-margin&ticker=TITN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=TITN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();