Titan International (TWI) Gross Margin (2010 - 2026)
Titan International's (TWI) quarterly Gross Margin came in at 14.15% in Q1 2026, up 16.0% year-on-year from 12.2% in Q1 2025, and up 29.97% on a QoQ basis from 10.88% in Q4 2025.
Titan International (TWI) Gross Margin (2010 - 2026) Analysis & Trends
Titan International (TWI) has 17 years of Gross Margin data on file, last reported at 14.15% in Q1 2026.
- On a quarterly basis, Gross Margin rose 16.0% year-over-year to 14.15% in Q1 2026; TTM through Mar 2026 was 13.91%, a 47.0% increase from a year earlier, with the FY2025 full-year figure at 13.86%, down 10.0% from the prior year.
- Gross Margin for Q1 2026 stood at 14.15%, up from 10.88% in the prior quarter.
- Over the last five years, Gross Margin for TWI reached as high as 19.14% in Q2 2022 and fell as low as 10.74% in Q4 2024.
- Historically, Gross Margin has averaged 15.13% across 5 years, with a median of 15.12% in 2024.
- Across the five-year window, Gross Margin soared 513 bps in 2022 and tumbled 421 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 15.05% in 2022, then fell by 1 bps to 14.95% in 2023, then decreased by 28 bps to 10.74% in 2024, then grew by 1 bps to 10.88% in 2025, then rose by 30 bps to 14.15% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 14.15% in Q1 2026, 10.88% in Q4 2025, and 15.19% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 414.02 Bn | 409.95 Bn | 6.11 Bn | 35.08% |
| 2 | Deere | 164.89 Bn | 157.03 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 68.81 Bn | 67.93 Bn | 1.36 Bn | 20.07% |
| 4 | CNH Industrial | 13.19 Bn | 11.63 Bn | 1.22 Bn | 31.91% |
| 5 | Oshkosh | 11.41 Bn | 11.16 Bn | 311.90 Mn | 13.46% |
| 6 | Agco | 8.50 Bn | 8.28 Bn | 581.40 Mn | 24.82% |
| 7 | Terex | 6.58 Bn | 6.19 Bn | 206.00 Mn | 11.88% |
| 8 | Greenpower Motor | 3.53 Bn | 3.53 Bn | 1.26 Mn | - |
| 9 | Blue Bird | 2.45 Bn | 2.18 Bn | 70.65 Mn | 20.03% |
| 10 | Titan International | 505.53 Mn | 340.90 Mn | 71.45 Mn | 14.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.15% |
| Dec 31, 2025 | 10.88% |
| Sep 30, 2025 | 15.19% |
| Jun 30, 2025 | 15.03% |
| Mar 31, 2025 | 13.99% |
| Dec 31, 2024 | 10.74% |
| Sep 30, 2024 | 13.13% |
| Jun 30, 2024 | 15.12% |
| Mar 31, 2024 | 16.04% |
| Dec 31, 2023 | 14.95% |
| Sep 30, 2023 | 16.45% |
| Jun 30, 2023 | 17.85% |
| Mar 31, 2023 | 17.42% |
| Dec 31, 2022 | 15.05% |
| Sep 30, 2022 | 16.51% |
| Jun 30, 2022 | 19.14% |
| Mar 31, 2022 | 15.60% |
| Dec 31, 2021 | 12.82% |
| Sep 30, 2021 | 13.39% |
| Jun 30, 2021 | 14.01% |