Titan Machinery (TITN) Operating Margin (2010 - 2026)
Titan Machinery's Operating Margin came in at -0.46% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 0.58 percentage points from 0.12% a year earlier but up 0.61 percentage points from the prior quarter.
Titan Machinery (TITN) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Titan Machinery reported Operating Margin of -0.41%, up 1.11 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at -0.28%, down 0.42 percentage points from FY2025.
- Operating Margin has declined in each of the last three fiscal years, with a five-year change of -2.93 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Operating Margin was 0.15% in FY2025 (-5.97 pp), 6.12% in FY2024 (-0.14 pp), 6.26% in FY2023 (+0.99 pp) and 5.27% in FY2022 (+2.62 pp).
- The five-year range for quarterly Operating Margin is -6.03% (fiscal Q4 2025) to 8.18% (fiscal Q3 2023).
- Year-over-year, Operating Margin increased in 1 of the last eight quarters, with an average year-over-year change of -2.41 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in fiscal Q4 2022 (a gain of 4.29 percentage points), and the weakest in fiscal Q4 2025 (a drop of 10.80 percentage points).
- Business Quant data shows TITN's Operating Margin at -1.07% (Q1 2027), -1.86% (Q4 2026) and 1.60% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 16.07% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 21.02% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 8.19% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 22.18% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 9.54% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 5.73% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 11.78% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 11.32% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 7.20% |
| 10 | Titan Machinery | 552.39 Mn | 552.39 Mn | 92.40 Mn | -0.46% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -0.46% |
| Apr 30, 2026 | -1.07% |
| 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 | 4.78% |
| Oct 31, 2023 | 6.66% |
| Jul 31, 2023 | 6.95% |
| Apr 30, 2023 | 6.54% |
| Jan 31, 2023 | 4.32% |
| 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% |
Titan Machinery Operating 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=operating-margin&ticker=TITN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TITN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();