TWI — Titan International Income Statement

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Annual income statement for Titan International, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	C2022 December 31st	C2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	1,780	2,169	1,822	1,846	1,828
Cost of Revenue
Gross Profit	227	349	296	248	242
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Total Operating Expenses	1,709	1,941	1,672	1,810	1,811
Operating Profit	70.9	228	150	35.6	17.9
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	51	202	110	8.27	-11.3
Provision for Income Taxes
Net Income After Taxes	49.9	179	83.7	-3.59	-61.2
Minority Interest
Net Income Before Extraordinary Items
Net Income	49.6	176	78.8	-5.56	-63.5
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	49.6	176	78.8	-5.56	-63.5
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.01	2.45	1.24	0.056	-0.968