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Titan Machinery TITN · USD

Industrials · US listing · 🇺🇸 United States

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24.12

+8.94%

Close of 9 Nov 2026, in USD

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About Titan Machinery

From its filings with the US Securities and Exchange Commission

SEC filings

Titan Machinery is based in West Fargo, North Dakota and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker TITN. The SEC classifies its business as retail-retail stores, nec. In the fiscal year to 31 January 2026, it reported revenue of $2.43bn and a net loss of $54.2m. At that date it held total assets of $1.62bn and shareholders' equity of $579.3m.

In its own words

We offer our customers a one-stop solution by providing equipment and parts sales, equipment repair and maintenance services, and rental functions in each store. Our full service approach provides us with multiple points of customer contact and cross-selling opportunities. We believe our mix of principal business activities, as well as our broad geographic footprint, provide us with crop, weather and market diversification. This diversification helps to lower our overall exposure to adverse economic cycles that affect particular geographic markets or segments. We also believe our scale, customer service strategy, centralized resources, and experienced management team provide us with a competitive advantage in many of our local markets.

Over our 45-year operating history, we have built an extensive network of 90 full service stores in the United States, 39 stores in Europe and 15 stores in Australia. Our Agriculture stores in the U.S. are located in Idaho, Iowa, Kansas, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming, which includes several highly productive farming regions, such as the Red River Valley in eastern North Dakota and northwestern Minnesota, portions of the corn belt in Iowa, eastern South Dakota and southern Minnesota, the I-80 corridor region in Nebraska, which sits on top of the Ogallala Aquifer, and the Snake River Valley in eastern Idaho. Our Construction stores are located in Colorado, Iowa, Minnesota, Nebraska, North Dakota, South Dakota, and Wisconsin.

Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Trading Companies & Distributors
Listed since
7 Dec 2007
Employees
3,114
Head office
644 EAST BEATON DRIVE, WEST FARGO, ND, 58078
Incorporated in
DE
Classification
Retail-Retail Stores, NEC
Filer status
Accelerated filer

Leadership

Pay as last reported

  • Mr. David MeyerChairman of the Board, since 2025$514,008
  • Mr. Bryan KnutsonPresident, Chief Executive Officer, Director, since 2016$1.2m
  • Mr. Robert LarsenChief Financial Officer, Treasurer$901,595
  • Mr. Stan EricksonLead Independent Director$150,000
  • Mr. Frank AnglinIndependent Director$135,000
  • Mr. Anton ChristiansonIndependent Director$135,000
  • Ms. Christine HamiltonIndependent Director$145,000
  • Ms. Jody HornerIndependent Director$145,000
  • Mr. Richard LewisIndependent Director$135,000
  • Mr. Richard MackIndependent Director$160,000
  • Mr. Jeff SonnekManaging Director, since 2022

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
27
Environment
5
Social
24
Governance
50
Carbon reduction policy
No
Human rights policy
No

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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