Titan International, Inc. (TWI): 7 Best Heavy Equipment Stocks to Buy as Backlogs Hit Records

On April 30, Titan International, Inc. (NYSE:TWI) reported first-quarter gross of $505.07 million, surpassing statement expectations of $497.24 million. President and Chief Executive Officer Paul Reitz stated that the institution delivered results astatine the precocious extremity of interior expectations contempt navigating a highly dynamic macroeconomic backdrop. The Earthmoving/Construction conception emerged arsenic the company’s strongest-performing concern during the quarter, posting maturation exceeding 11% twelvemonth implicit year. Gross borderline wrong the conception improved by 90 ground points to 11.3%, supported by stronger gross maturation and improved fixed-cost leverage. Management besides noted that the cultivation concern recorded humble maturation portion the user conception experienced lone a constricted decline, contributing to wide quarterly gross maturation of astir 3% alongside higher gross borderline and adjusted EBITDA performance.

On the aforesaid day, Titan International, Inc. (NYSE:TWI) reaffirmed its fiscal 2026 adjusted EBITDA guidance scope of $105 cardinal to $115 million. Chief Financial Officer Tony Eheli stated that the institution expects second-quarter income to scope betwixt $470 cardinal and $490 million, with adjusted EBITDA projected betwixt $25 cardinal and $30 million. Management besides maintained full-year income guidance of $1.85 cardinal to $1.95 billion, reflecting continued assurance successful operational execution and request stableness contempt ongoing geopolitical and tariff-related volatility crossed planetary markets.

Founded successful 1890 and headquartered successful West Chicago, Titan International, Inc. (NYSE:TWI) manufactures off-the-road tires, wheels, and undercarriage systems for agricultural, construction, mining, and concern dense instrumentality markets. The institution operates globally and supplies products supporting large-scale concern and infrastructure operations.

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