Titan Machinery (TITN) Operating Leases (2019 - 2026)
Titan Machinery (TITN) recorded Operating Leases of $46.66 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 1.3% from $46.08 million a year earlier but down 0.6% from the prior quarter.
Titan Machinery (TITN) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Titan Machinery reported Operating Leases of $46.05 million, up 80.0% from FY2025.
- Annual Operating Leases has a five-year compound annual growth rate of -8.9% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Leases came in at $25.59 million in FY2025 (-49.8%), $50.96 million in FY2024 (+5.1%), $48.51 million in FY2023 (-12.7%) and $55.6 million in FY2022 (-24.4%).
- Quarterly Operating Leases has ranged from $25.59 million in fiscal Q4 2025 to $59.26 million in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, Operating Leases has increased for five consecutive quarters, with growth averaging 14.4% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 80.0% in fiscal Q4 2026, against a decline of 49.8% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $46.95 million (Q1 2027), $46.05 million (Q4 2026) and $45.8 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn |
| 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 |
| 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 |
|---|---|
| Jul 31, 2026 | 46.66 Mn |
| Apr 30, 2026 | 46.95 Mn |
| Jan 31, 2026 | 46.05 Mn |
| Oct 31, 2025 | 45.80 Mn |
| Jul 31, 2025 | 46.08 Mn |
| Apr 30, 2025 | 26.59 Mn |
| Jan 31, 2025 | 25.59 Mn |
| Oct 31, 2024 | 34.81 Mn |
| Jul 31, 2024 | 35.42 Mn |
| Apr 30, 2024 | 47.69 Mn |
| Jan 31, 2024 | 50.96 Mn |
| Oct 31, 2023 | 38.69 Mn |
| Jul 31, 2023 | 42.17 Mn |
| Apr 30, 2023 | 45.77 Mn |
| Jan 31, 2023 | 48.51 Mn |
| Oct 31, 2022 | 50.74 Mn |
| Jul 31, 2022 | 51.00 Mn |
| Apr 30, 2022 | 53.28 Mn |
| Jan 31, 2022 | 55.60 Mn |
| Oct 31, 2021 | 59.26 Mn |
Titan Machinery Operating Leases 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=operating-leases&ticker=TITN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=TITN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();