Titan Machinery Inc (TITN) - Net Assets
Based on the latest financial reports, Titan Machinery Inc (TITN) has net assets worth $579.30 Million USD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.62 Billion) and total liabilities ($1.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TITN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $579.30 Million |
| % of Total Assets | 35.83% |
| Annual Growth Rate | 22.43% |
| 5-Year Change | 33.11% |
| 10-Year Change | 80.37% |
| Growth Volatility | 100.14 |
Titan Machinery Inc - Net Assets Trend (2003–2026)
This chart illustrates how Titan Machinery Inc's net assets have evolved over time, based on quarterly financial data. See TITN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Titan Machinery Inc (2003–2026)
The table below shows the annual net assets of Titan Machinery Inc from 2003 to 2026. For live valuation and market cap data, see market value of Titan Machinery Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | $579.30 Million | -5.66% |
| 2025-01-31 | $614.08 Million | -6.62% |
| 2024-01-31 | $657.64 Million | +22.62% |
| 2023-01-31 | $536.31 Million | +23.23% |
| 2022-01-31 | $435.20 Million | +17.22% |
| 2021-01-31 | $371.28 Million | +7.59% |
| 2020-01-31 | $345.10 Million | +2.92% |
| 2019-01-31 | $335.31 Million | +4.18% |
| 2018-01-31 | $321.86 Million | +0.21% |
| 2017-01-31 | $321.18 Million | -5.07% |
| 2016-01-31 | $338.35 Million | -10.57% |
| 2015-01-31 | $378.36 Million | -8.02% |
| 2014-01-31 | $411.34 Million | +2.86% |
| 2013-01-31 | $399.92 Million | +18.55% |
| 2012-01-31 | $337.34 Million | +57.23% |
| 2011-01-31 | $214.56 Million | +12.61% |
| 2010-01-31 | $190.52 Million | +9.64% |
| 2009-01-31 | $173.77 Million | +128.29% |
| 2008-01-31 | $76.12 Million | +468.95% |
| 2007-01-31 | $13.38 Million | +38.03% |
| 2006-01-31 | $9.69 Million | +106.76% |
| 2004-01-31 | $4.69 Million | -14.95% |
| 2003-01-31 | $5.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Titan Machinery Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 30614000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $306.14 Million | 52.85% |
| Other Comprehensive Income | $6.25 Million | 1.08% |
| Other Components | $266.90 Million | 46.07% |
| Total Equity | $579.30 Million | 100.00% |
Titan Machinery Inc Competitors by Market Cap
The table below lists competitors of Titan Machinery Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duratec Ltd
AU:DUR
|
$487.72 Million |
|
Rongfeng Holding Group
SHE:000668
|
$487.77 Million |
|
Sichuan Expressway Company Limited
F:EXF1
|
$487.77 Million |
|
Automotive Properties Real Estate Investment Trust
TO:APR-UN
|
$487.86 Million |
|
Nam Long Investment Corp
VN:NLG
|
$487.49 Million |
|
Xiamen Red Phase Instruments Inc
SHE:300427
|
$487.40 Million |
|
Loctek Ergonomic Technology Corp Class A
SHE:300729
|
$487.39 Million |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
$487.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Titan Machinery Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 614,077,000 to 579,298,000, a change of -34,779,000 (-5.7%).
- Net loss of 54,174,000 reduced equity.
- Other comprehensive income increased equity by 14,587,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-54.17 Million | -9.35% |
| Other Comprehensive Income | $14.59 Million | +2.52% |
| Other Changes | $4.81 Million | +0.83% |
| Total Change | $- | -5.66% |
Book Value vs Market Value Analysis
This analysis compares Titan Machinery Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 14.35x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-01-31 | $1.46 | $20.92 | x |
| 2004-01-31 | $1.08 | $20.92 | x |
| 2006-01-31 | $1.53 | $20.92 | x |
| 2007-01-31 | $2.10 | $20.92 | x |
| 2008-01-31 | $9.23 | $20.92 | x |
| 2009-01-31 | $10.36 | $20.92 | x |
| 2010-01-31 | $10.60 | $20.92 | x |
| 2011-01-31 | $11.95 | $20.92 | x |
| 2012-01-31 | $16.72 | $20.92 | x |
| 2013-01-31 | $18.80 | $20.92 | x |
| 2014-01-31 | $19.23 | $20.92 | x |
| 2015-01-31 | $17.59 | $20.92 | x |
| 2016-01-31 | $15.62 | $20.92 | x |
| 2017-01-31 | $14.71 | $20.92 | x |
| 2018-01-31 | $14.94 | $20.92 | x |
| 2019-01-31 | $15.37 | $20.92 | x |
| 2020-01-31 | $15.72 | $20.92 | x |
| 2021-01-31 | $16.80 | $20.92 | x |
| 2022-01-31 | $19.56 | $20.92 | x |
| 2023-01-31 | $23.96 | $20.92 | x |
| 2024-01-31 | $29.23 | $20.92 | x |
| 2025-01-31 | $27.16 | $20.92 | x |
| 2026-01-31 | $25.43 | $20.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Titan Machinery Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.23%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 2.79x
- Recent ROE (-9.35%) is below the historical average (6.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.55% | 0.63% | 1.40x | 8.63x | $-135.20K |
| 2004 | 3.50% | 0.17% | 2.18x | 9.53x | $-304.80K |
| 2006 | 28.18% | 1.20% | 2.17x | 10.84x | $1.76 Million |
| 2007 | 27.20% | 1.24% | 2.11x | 10.38x | $2.30 Million |
| 2008 | 6.85% | 1.20% | 1.81x | 3.14x | $-2.40 Million |
| 2009 | 10.40% | 2.62% | 1.68x | 2.36x | $698.11K |
| 2010 | 8.26% | 1.88% | 1.63x | 2.70x | $-3.32 Million |
| 2011 | 10.41% | 2.04% | 1.69x | 3.02x | $886.30K |
| 2012 | 13.13% | 2.66% | 1.52x | 3.24x | $10.53 Million |
| 2013 | 10.71% | 1.93% | 1.52x | 3.64x | $2.82 Million |
| 2014 | 2.17% | 0.40% | 1.42x | 3.83x | $-32.03 Million |
| 2015 | -8.54% | -1.69% | 1.41x | 3.58x | $-69.81 Million |
| 2016 | -11.23% | -2.77% | 1.31x | 3.10x | $-71.65 Million |
| 2017 | -4.41% | -1.17% | 1.57x | 2.40x | $-46.30 Million |
| 2018 | -2.19% | -0.59% | 1.58x | 2.36x | $-39.23 Million |
| 2019 | 3.63% | 0.97% | 1.59x | 2.36x | $-21.35 Million |
| 2020 | 4.04% | 1.07% | 1.34x | 2.83x | $-20.56 Million |
| 2021 | 5.21% | 1.37% | 1.73x | 2.20x | $-17.77 Million |
| 2022 | 15.18% | 3.86% | 1.81x | 2.18x | $22.53 Million |
| 2023 | 18.99% | 4.61% | 1.86x | 2.22x | $48.24 Million |
| 2024 | 16.87% | 4.02% | 1.38x | 3.03x | $45.16 Million |
| 2025 | -6.01% | -1.37% | 1.49x | 2.95x | $-98.32 Million |
| 2026 | -9.35% | -2.23% | 1.50x | 2.79x | $-112.10 Million |
Industry Comparison
This section compares Titan Machinery Inc's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $786,024,391
- Average return on equity (ROE) among peers: 3.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Titan Machinery Inc (TITN) | $579.30 Million | 7.55% | 1.79x | $487.63 Million |
| Applied Industrial Technologies (AIT) | $135.30 Million | 9.02% | 1.81x | $11.93 Billion |
| Beacon Roofing Supply Inc (BECN) | $538.43 Million | 11.00% | 1.15x | $7.72 Billion |
| BlueLinx Holdings Inc (BXC) | $634.29 Million | 7.65% | 1.42x | $432.23 Million |
| Core & Main Inc (CNM) | $2.41 Billion | 15.19% | 1.04x | $9.25 Billion |
| Now Inc (DNOW) | $1.97 Billion | 5.90% | 0.32x | $2.47 Billion |
| Distribution Solutions Group Inc (DSGR) | $140.60 Million | 12.94% | 0.22x | $1.29 Billion |
| DXP Enterprises Inc (DXPE) | $8.83 Million | -83.33% | 6.60x | $2.23 Billion |
| EVI Industries Inc (EVI) | $81.50 Million | 4.59% | 0.90x | $221.18 Million |
| Fastenal Company (FAST) | $922.09 Million | 21.59% | 0.13x | $53.48 Billion |
| Ferguson Plc (FERG) | $1.02 Billion | 25.61% | 1.94x | $44.22 Billion |
About Titan Machinery Inc
Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. The company operates through four segments: Agriculture, Construction, Europe, and Australia. It sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well a… Read more