Titan International, Inc. (TWI)

Titan International Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-63.49	-5.56	78.76	176.3	49.59
Depreciation & Amortization	67.11	60.7	42.43	42.75	47.99
Loss (Gain) From Sale of Assets	-0.05	-0.43	-0.64	10.67	-0.57
Stock-Based Compensation	4.96	6.73	7.01	5.91	4.68
Other Operating Activities	43.27	-8.43	19.5	-49.88	-6.79
Change in Accounts Receivable	-3.98	73.83	42.87	-27.2	-74.74
Change in Inventory	-7.12	51.48	31.64	-19.6	-112.85
Change in Accounts Payable	11.3	-29.17	-62.73	-7.75	121.19
Change in Other Net Operating Assets	-21.97	-7.67	20.51	29.48	-17.78
Operating Cash Flow	30.03	141.49	179.35	160.68	10.73
Operating Cash Flow Growth	-78.78%	-21.11%	11.62%	1398.02%	-81.26%
Capital Expenditures	-54.62	-65.62	-60.8	-46.97	-38.8
Cash Acquisitions	-	-143.64	-	-	-
Investment in Securities	-5.68	1.79	2.09	9.29	-
Other Investing Activities	0.65	5.88	1.79	0.93	1.2
Investing Cash Flow	-59.65	-201.6	-56.92	-36.75	-37.6
Long-Term Debt Issued	116.96	213.2	6.67	88.94	497.15
Long-Term Debt Repaid	-99.52	-70.29	-27.61	-124.74	-482.18
Net Debt Issued (Repaid)	17.44	142.91	-20.94	-35.8	14.97
Repurchase of Common Stock	-	-74.02	-32.58	-25	-
Other Financing Activities	0.01	-4.34	-2.5	-0.51	-1.02
Financing Cash Flow	17.45	64.55	-56.02	-61.31	13.95
Foreign Exchange Rate Adjustments	19.08	-28.72	-5.74	-1.15	-6.4
Net Cash Flow	6.91	-24.28	60.67	61.47	-19.32
Free Cash Flow	-24.59	75.86	118.55	113.7	-28.08
Free Cash Flow Growth	-	-36.01%	4.26%	-	-
Free Cash Flow Margin	-1.34%	4.11%	6.51%	5.24%	-1.58%
Free Cash Flow Per Share	-0.39	1.10	1.88	1.78	-0.45
Cash Interest Paid	-	37.18	30.27	31.6	34.58
Cash Income Tax Paid	-	20.36	21.8	24.11	16.26
Levered Free Cash Flow	-37.15	-28.94	84.54	75.93	-5.08
Unlevered Free Cash Flow	-12.96	-6.17	102.76	96.03	15.06
Change in Working Capital	-21.76	88.47	32.29	-25.07	-84.17

Updated Feb 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q