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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 40.35 |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 386.00 |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 27.82 |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 0.67 |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 4.48 |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 1.82 |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 19.83 |
| 10 | Titan Machinery | 413.11 Mn | 413.11 Mn | 89.28 Mn | -0.71 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -0.71 |
| Jan 31, 2026 | -1.18 |
| Oct 31, 2025 | 1.67 |
| Jul 31, 2025 | 0.10 |
| Apr 30, 2025 | -0.53 |
| Jan 31, 2025 | 1.89 |
| Oct 31, 2024 | 1.15 |
| Jul 31, 2024 | 1.71 |
| Apr 30, 2024 | 2.39 |
| Jan 31, 2024 | 8.50 |
| Oct 31, 2023 | 30.94 |
| Jul 31, 2023 | 35.98 |
| Apr 30, 2023 | 17.83 |
| Jan 31, 2023 | 3.14 |
| Oct 31, 2022 | 5.64 |
| Jul 31, 2022 | 2.82 |
| Apr 30, 2022 | 0.32 |
| Jan 31, 2022 | -10.17 |
| Oct 31, 2021 | 1.94 |
| Jul 31, 2021 | 1.26 |