Titan Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	445.38	483.56	123.28	194.53	105.7	79.88
Short-Term Investments	-	-	-	80	-	-
Trading Asset Securities	-	-	0.68	-	-	-
Cash & Short-Term Investments	445.38	483.56	123.97	274.53	105.7	79.88
Cash Growth	-0.72%	290.07%	-54.84%	159.71%	32.32%	-61.30%
Accounts Receivable	489.97	213.19	218.14	199.63	173.96	128.45
Other Receivables	-	82.21	74.94	49.38	50.49	45.05
Receivables	489.97	338.24	343.26	302.07	273.39	216.7
Inventory	442.09	405.21	442.19	395.48	394.67	305.13
Prepaid Expenses	-	23.7	20.61	22.21	16.15	16.77
Other Current Assets	-	11.85	20.51	27.07	22.31	15.51
Total Current Assets	1,377	1,263	950.53	1,021	812.22	634
Property, Plant & Equipment	2,508	1,668	1,814	1,689	1,664	1,545
Long-Term Investments	-	134.55	105.84	110.87	103.89	91.24
Goodwill	-	248.49	273.48	274.03	280.83	271.99
Other Intangible Assets	-	104.03	97.23	79.64	83.87	91.44
Long-Term Deferred Tax Assets	-	5.04	4.73	3.66	5.73	8.87
Other Long-Term Assets	203.01	73.72	36.59	33.01	43.28	35.72
Total Assets	4,088	3,496	3,283	3,211	2,994	2,679
Accounts Payable	-	301.61	321.28	313.24	312.43	238.75
Accrued Expenses	-	67.19	56.45	49.41	49.67	49.1
Current Portion of Long-Term Debt	117.2	100.53	66.42	377.85	122.5	89.24
Current Portion of Leases	-	14.25	16.72	15.52	16.87	16.38
Current Income Taxes Payable	-	17.03	15.28	17.84	5.86	1.54
Current Unearned Revenue	-	23.63	19.04	16.95	14	10.07
Other Current Liabilities	496.08	33.87	42.35	55.27	52.52	35.75
Total Current Liabilities	613.27	558.11	537.53	846.07	573.85	440.83
Long-Term Debt	1,004	520.06	597.02	486.25	704.82	641.46
Long-Term Leases	-	62.25	65.18	56.66	58.78	46
Long-Term Unearned Revenue	-	2.86	2.91	3.87	4.61	5.18
Pension & Post-Retirement Benefits	-	25.17	23.88	21.37	20.22	22.06
Long-Term Deferred Tax Liabilities	-	144.7	149.61	127.87	130.11	113.6
Other Long-Term Liabilities	292.57	99.14	81.95	89.64	77.64	72.62
Total Liabilities	1,910	1,412	1,458	1,632	1,570	1,342
Common Stock	2,038	959.35	959.35	959.35	959.35	1,159
Additional Paid-In Capital	-	5.97	5.97	5.97	5.97	5.97
Retained Earnings	-	2,772	2,462	2,226	2,003	1,727
Treasury Stock	-	-81.62	-76.5	-63.14	-54.2	-31.77
Comprehensive Income & Other	-	-1,701	-1,564	-1,579	-1,519	-1,539
Total Common Equity	2,038	1,954	1,787	1,549	1,395	1,322
Minority Interest	140.77	129.31	37.45	30.72	29.74	15.26
Shareholders' Equity	2,179	2,084	1,825	1,580	1,424	1,337
Total Liabilities & Equity	4,088	3,496	3,283	3,211	2,994	2,679
Total Debt	1,121	697.09	745.33	936.27	902.96	793.09
Net Cash (Debt)	-675.68	-213.53	-621.37	-661.75	-797.26	-713.2
Net Cash Per Share	-9.08	-2.85	-8.29	-8.85	-10.50	-9.50
Filing Date Shares Outstanding	74.38	74.38	74.23	74.44	74.96	76.83
Total Common Shares Outstanding	74.38	74.38	74.23	74.44	74.96	76.83
Working Capital	764.17	704.45	413	175.29	238.37	193.17
Book Value Per Share	27.40	26.28	24.08	20.81	18.60	17.20
Tangible Book Value	2,038	1,602	1,416	1,195	1,030	958.2
Tangible Book Value Per Share	27.40	21.54	19.08	16.06	13.74	12.47
Land	-	317.78	343.33	322.91	322.45	318.22
Buildings	-	541.58	591.89	513.31	489.32	456.75
Machinery	-	2,610	2,781	2,539	2,501	2,351
Construction In Progress	-	157.69	102.69	159.27	136.49	86.34

Source: S&P Global Market Intelligence. Standard template. Financial Sources.