Titan Machinery Inc.
Close on Oct 19, 2026
- Market cap
- $502.85M
- P/E (TTM)
- –
- Dividend yield
- –
About Titan Machinery
Retail-Retail Stores, NEC, SIC 5990
Titan Machinery Inc. operates full-service retail stores that sell, rent, and service agricultural and construction equipment. The company operates across four reportable segments: Agriculture, Construction, Europe, and Australia. Its core offerings include new and used equipment sales, replacement parts, maintenance and repair services, and equipment rentals, alongside ancillary solutions like precision farming support. Customers range from individual machine owners and commercial farming operations to construction contractors, public utilities, municipalities, and forestry businesses.
The company operates an international network consisting of 90 stores in the United States, 39 stores in Europe, and 15 stores in Australia. Its domestic footprint covers states such as Idaho, Iowa, Minnesota, Nebraska, North Dakota, South Dakota, and Wisconsin. International dealerships span Bulgaria, Germany, Romania, and Ukraine, as well as several Australian states. Titan Machinery maintains a centralized corporate headquarters that oversees marketing and administrative functions across its locations.
Summary of the business section of Titan Machinery's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Titan Machinery Inc.
- Founded
- 1980
- Headquarters
- West Fargo, ND
- Address
- 644 East Beaton Drive 58078
- Phone
- (701) 356-0130
- Website
- titanmachinery.at
- Employees
- 3,114, Jan 31, 2026
- Industry
- Retail-Retail Stores, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- January 31
- Auditor
- DELOITTE & TOUCHE LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- TITN
- Exchange
- Nasdaq
- IPO date
- Dec 6, 2007
- Shares outstanding
- 24M, Aug 31, 2026
- Public float
- $389.00M, Jul 31, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1409171
- CUSIP
- 88830R101
- ISIN
- US88830R1014
- LEI
- 549300835ZM8G0BT5C94
- EIN
- 45-0357838
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David Joseph Meyer | Chairman, Director | 1,952,552 |
| Bryan J. Knutson | Chief Executive Officer, Director | 154,385 |
| Robert Larsen | Chief Financial Officer | 77,277 |
| Christine E. Hamilton | Director | 35,498 |
| Frank Anglin | Director | 18,694 |
| Richard Lewis | Director | 13,058 |
| Richard L. Mack | Director | 49,824 |
| Jody L. Horner | Director | 49,278 |
| Tony Christianson | Director | 248,274 |
| Stan K. Erickson | Director | 50,738 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Bryan Knutson | $1.54M | $1.34M | $1.15M | $53 | $146 |
| FY2025 Bryan Knutson | $1.16M | $900.28K | $707.80K | $153 | $220 |
| FY2024 Bryan Knutson | $503.96K | $503.96K | $1.24M | $219 | $158 |
| FY2023 Bryan Knutson | $486.88K | $486.88K | $1.55M | $360 | $123 |
| FY2022 Bryan Knutson | $483.70K | $483.70K | $1.39M | $252 | $153 |
| FY2021 Bryan Knutson | $483.55K | – | $1.18M | $174 | $141 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of January 31, 2026, we employed 3,114 people on a full-time basis, 2,152 in the U.S., 641 in Europe and 321 in Australia, and an additional 245 part-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 11, 2013 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 2, 2013 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 6, 2007 | IPO | Initial public offering priced (424B4 prospectus) |
| Dec 3, 2007 | Listing | Registration of securities on an exchange (Form 8-A) |