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Titan Machinery Inc   (TITN)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 

TITN's Net Income Growth by Quarter and Year

Titan Machinery Inc 's Net Income results by quarter and year




TITN Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter January - -30.80 8.21 10.78
III Quarter October 41.26 21.82 5.51 5.18
II Quarter July 24.96 -11.46 -0.45 -1.61
I Quarter April 17.54 0.67 -2.16 1.69
FY   83.76 -19.77 11.11 16.04



TITN Net Income third quarter 2023 Y/Y Growth Comment
Titan Machinery Inc reported Net Income surge of 89.08% year on year in the third quarter 2023, to $ 41.26 millions, this is lower than Titan Machinery Inc 's recent average Net Income rise of 96.55%.

Looking into third quarter 2023 results within Specialty Retail industry 3 other companies have achieved higher Net Income growth. While Titan Machinery Inc ' s Net Income jump of 89.08% ranks overall at the positon no. 328 in the third quarter 2023.




TITN Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter January - - -23.84 % 352.94 %
III Quarter October 89.08 % 296.01 % 6.37 % -
II Quarter July - - - -
I Quarter April 2517.91 % - - -
FY   - - -30.74 % -

Financial Statements
Titan Machinery Inc 's third quarter 2023 Net Income $ 41.26 millions TITN's Income Statement
Titan Machinery Inc 's third quarter 2022 Net Income $ 21.82 millions Quarterly TITN's Income Statement
New: More TITN's historic Net Income Growth >>


TITN Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter January - - 49 % 108.11 %
III Quarter October 65.29 % - - -
II Quarter July 42.3 % - - -
I Quarter April - -91.84 % - -28.99 %
FY (Year on Year)   - - -30.74 % -




Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #4
Retail Sector #7
Overall #328

Net Income Y/Y Growth Statistics
High Average Low
803.03 % 96.55 % -92.42 %
(Oct 31 2017)   (Oct 31 2016)
Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #4
Retail Sector #7
Overall #328
Net Income Y/Y Growth Statistics
High Average Low
803.03 % 96.55 % -92.42 %
(Oct 31 2017)   (Oct 31 2016)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Titan Machinery Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
1948.82 % 198.4 % -91.81 %
(Oct 31 2015)  


TITN's III. Quarter Q/Q Net Income Comment
Titan Machinery Inc achieved in the III. Quarter 2023 below company average Net Income jump of 65.29% quarter on quarter, to $ 41.26 millions.

III. Quarter 2023 performance seem to be paradoxical, albeit beneath the regular growth of 198.4 %, yet it presents a quite improvement relative to the % in the III. Quarter 2022

Within Specialty Retail industry only one company achieved higher sequential Net Income growth. While Titan Machinery Inc 's Net Income growth quarter on quarter, overall rank is 391.


Net Income Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #2
Retail Sector #7
Overall #391
Net Income Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #2
Retail Sector #7
Overall #391
Net Income Q/Q Growth Statistics
High Average Low
1948.82 % 198.4 % -91.81 %
(Oct 31 2015)  


TITN's III. Quarter Q/Q Net Income Comment
Titan Machinery Inc achieved in the III. Quarter 2023 below company average Net Income jump of 65.29% quarter on quarter, to $ 41.26 millions.

Albeit the III. Quarter 2023 Titan Machinery Inc 's performance was beneath the ordinary of 198.4 %, that was yet encouraging story, as the current expension, transcends the % rise in the III. Quarter 2022

Within Specialty Retail industry only one company achieved higher sequential Net Income growth. While Titan Machinery Inc 's Net Income growth quarter on quarter, overall rank is 391.


Titan Machinery Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Oct 31 2022)
12 Months Ending
(Jul 31 2022)
12 Months Ending
(Apr 30 2022)
12 Months Ending
(Jan 31 2022)
12 Months Ending
(Oct 31 2021)
Cumulative Net Income 12 Months Ending $ 52.96 $ 33.52 $ 19.81 $ -9.19 $ 31.52
Y / Y Net Income Growth (TTM) 68.01 % 222.96 % 169.74 % - 125.92 %
Year on Year Net Income Growth Overall Ranking