Titan Machinery (TITN) Operating Margin (2010 - 2026)

Titan Machinery's (TITN) quarterly Operating Margin came in at 1.86% in Q1 2026, up 417.0% year-on-year from 0.36% in Q1 2025, and down 216.4% quarter-over-quarter from 1.6% in Q4 2025.

Titan Machinery (TITN) Operating Margin (2010 - 2026) Analysis & Trends

Titan Machinery has disclosed Operating Margin across 17 years of filings, most recently posting 1.86% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 1.86%, up 417.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.28% (down 42.0% YoY), and the FY2026 annual result was 0.28%, down 42.0% from the prior year.
  • Operating Margin came in at 1.86% for Q1 2026 at Titan Machinery, down from 1.6% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 58.32% in Q1 2024 to a low of 6.03% in Q1 2025.
  • The 5-year median for Operating Margin is 5.32% (2022), against an average of 7.63%.
  • Across the five-year window, Operating Margin surged 3391 bps in 2024 and slumped 6435 bps in 2025, its largest moves.
  • Titan Machinery's Operating Margin stood at 8.18% in 2022, then dropped by 19 bps to 6.66% in 2023, then tumbled by 75 bps to 1.69% in 2024, then retreated by 5 bps to 1.6% in 2025, then tumbled by 216 bps to 1.86% in 2026.
  • The last three Operating Margin figures came in at 1.86% (Q1 2026), 1.6% (Q4 2025), and 0.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn 14.33%
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn 20.33%
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn 8.19%
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn 4.83%
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn 7.19%
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn 11.02%
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn -14.56%
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn 7.46%
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn 7.26%
10 Titan Machinery 546.41 Mn 546.41 Mn 86.96 Mn -1.86%

Historic Data

Download Data
DateValue
Jan 31, 2026 -1.86%
Oct 31, 2025 1.60%
Jul 31, 2025 0.12%
Apr 30, 2025 -0.96%
Jan 31, 2025 -6.03%
Oct 31, 2024 1.69%
Jul 31, 2024 2.49%
Apr 30, 2024 3.59%
Jan 31, 2024 58.32%
Oct 31, 2023 6.66%
Jul 31, 2023 6.95%
Apr 30, 2023 6.54%
Jan 31, 2023 24.41%
Oct 31, 2022 8.18%
Jul 31, 2022 6.82%
Apr 30, 2022 5.32%
Jan 31, 2022 5.84%
Oct 31, 2021 6.51%
Jul 31, 2021 4.36%
Apr 30, 2021 3.90%