Titan Machinery (TITN) Interest Coverage Ratio (2010 - 2026)
Titan Machinery (TITN) posted Interest Coverage Ratio of 0.71 for Q2 2026, up 40.22% sequentially from 1.18 in Q1 2026, and down 33.69% YoY from 1.07 in Q2 2025.
Analysis
Titan Machinery (TITN) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Titan Machinery has reported Interest Coverage Ratio for 17 years, with the latest figure at 0.71 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 33.69% year-over-year to 0.71 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.21 (up 94.94% YoY) and the FY2026 annual result came in at 0.22, down 294.65% from the prior year.
- Interest Coverage Ratio climbed to 0.71 in Q2 2026 per TITN's latest filing, from 1.18 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 35.98 in Q3 2023 and troughed at 10.17 in Q1 2022.
- A 5-year average of 5.64 and a median of 1.8 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 168.26% in 2022, then jumped 5398.2% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 5.64 in 2022, then soared by 448.32% to 30.94 in 2023, then sank by 96.29% to 1.15 in 2024, then jumped by 45.36% to 1.67 in 2025, then sank by 142.43% to 0.71 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.71, 1.18, and 1.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 60.76 Bn | 60.17 Bn | 1.98 Bn | - |
| 2 | Fastenal | 55.17 Bn | 54.97 Bn | 1.06 Bn | 418.17 |
| 3 | Ferguson Enterprises | 43.00 Bn | 42.18 Bn | 2.32 Bn | - |
| 4 | Wesco International | 16.30 Bn | 15.49 Bn | 1.46 Bn | - |
| 5 | Applied Industrial Technologies | 11.95 Bn | 11.82 Bn | 411.22 Mn | - |
| 6 | Watsco | 11.80 Bn | 11.33 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.27 Bn | 8.12 Bn | 520.00 Mn | 6.56 |
| 8 | Pool | 6.62 Bn | 6.58 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.52 Bn | 6.45 Bn | 430.41 Mn | 19.83 |
| 10 | Titan Machinery | 532.61 Mn | 532.61 Mn | 89.28 Mn | -1.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -1.21 |
| Jan 31, 2026 | -2.60 |
| Oct 31, 2025 | 1.67 |
| Jul 31, 2025 | 0.10 |
| Apr 30, 2025 | -0.88 |
| Jan 31, 2025 | -5.43 |
| Oct 31, 2024 | 1.15 |
| Jul 31, 2024 | 1.71 |
| Apr 30, 2024 | 3.20 |
| Jan 31, 2024 | 6.75 |
| Oct 31, 2023 | 11.43 |
| Jul 31, 2023 | 18.17 |
| Apr 30, 2023 | 29.25 |
| Jan 31, 2023 | -13.07 |
| Oct 31, 2022 | 43.53 |
| Jul 31, 2022 | 25.11 |
| Apr 30, 2022 | 20.52 |
| Jan 31, 2022 | -14.01 |
| Oct 31, 2021 | 27.58 |
| Jul 31, 2021 | 14.71 |