Titan International Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Net Income	127.96	179.19	49.89	-65.08	-51.52	13.05
Depreciation & Amortization	42.06	42.75	47.99	54.66	54.38	57.62
Stock-Based Compensation	6.64	5.91	4.68	3.71	2.46	1.69
Other Adjustments	-18.11	-42.09	-7.66	17.45	-11.65	0.86
Change in Receivables	33.8	-27.2	-74.74	-15.24	56.83	-36.09
Changes in Inventories	56.78	-19.6	-112.85	37.75	63.65	-77.92
Changes in Accounts Payable	-60.99	-7.75	121.19	11.94	-53.18	29.36
Changes in Accrued Expenses	-18.76	18.89	14.78	24.03	-10.16	-2.87
Changes in Other Operating Activities	25.91	10.59	-32.56	-11.99	-5.37	-21.88
Operating Cash Flow	198.54	160.68	10.73	57.23	45.44	-36.18
Operating Cash Flow Growth	72.26%	1398.02%	-81.26%	25.94%	-	-
Capital Expenditures	-55.7	-46.97	-38.8	-21.68	-36.41	-39
Sale of Property, Plant & Equipment	1.8	-	-	8.66	-	-
Proceeds from Sale of Investments	-	9.29	-	32.85	19.02	-
Other Investing Activities	-	0.93	1.2	13.39	-75.2	2.07
Investing Cash Flow	-53.65	-36.75	-37.6	33.22	-92.59	-36.93
Long-Term Debt Issued	6.66	88.94	497.15	91.64	134.23	57.29
Long-Term Debt Repaid	-29.03	-124.74	-482.18	-126.39	-100.9	-38.56
Net Long-Term Debt Issued (Repaid)	-22.37	-35.8	14.97	-34.75	33.33	18.74
Repurchase of Common Stock	-19.06	-25	-	-	-	-
Net Common Stock Issued (Repurchased)	-19.06	-25	-	-	-	-
Common Dividends Paid	-	-	-	-0.6	-1.2	-1.2
Other Financing Activities	-2.33	-0.51	-1.02	-3.21	-	-
Financing Cash Flow	-43.76	-61.31	13.95	-38.57	32.12	17.54
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-5.81	-1.15	-6.4	-1.25	0.14	-6.31
Net Cash Flow	95.32	61.47	-19.32	50.63	-14.89	-61.89
Free Cash Flow	142.85	113.7	-28.08	35.55	9.03	-75.18
Free Cash Flow Growth	25.63%	-	-	293.76%	-	-
FCF Margin	7.36%	5.24%	-1.58%	2.82%	0.62%	-4.69%
Free Cash Flow Per Share	2.25	1.79	-0.45	0.58	0.15	-1.25
Levered Free Cash Flow	90.3	138.41	64.31	-0.44	-0.26	-7.65
Unlevered Free Cash Flow	143.29	180.14	83.01	55.13	-17.58	-26.86

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q