Titan International Debt-to-Equity Ratio Growth & History (TWI)
Titan International's debt-to-equity ratio was 1.39 for fiscal 2025.
View full Titan International company overviewTitan International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.39 | 0.00 | +0.30% |
| 2024 | 2024-12-31 | 1.39 | 0.45 | +48.31% |
| 2023 | 2023-12-31 | 0.94 | −0.25 | −21.01% |
| 2022 | 2022-12-31 | 1.19 | −1.01 | −45.91% |
| 2021 | 2021-12-31 | 2.19 | −0.54 | −19.73% |
| 2020 | 2020-12-31 | 2.73 | 0.50 | +22.40% |
| 2019 | 2019-12-31 | 2.23 | 0.58 | +34.87% |
| 2018 | 2018-12-31 | 1.65 | 0.25 | +17.72% |
| 2017 | 2017-12-31 | 1.40 | −0.63 | −30.92% |
| 2016 | 2016-12-31 | 2.03 | 0.47 | +30.00% |
| 2015 | 2015-12-31 | 1.56 | 0.48 | +44.88% |
| 2014 | 2014-12-31 | 1.08 | 0.14 | +14.62% |
| 2013 | 2013-12-31 | 0.94 | −0.27 | −22.05% |
| 2012 | 2012-12-31 | 1.21 | 0.34 | +39.93% |
| 2011 | 2011-12-31 | 0.86 | −0.51 | −37.11% |
| 2010 | 2010-12-31 | 1.37 | — | — |
Titan International quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.42 | 0.17 | +13.77% |
| Q1 2026 | 2026-03-31 | 1.49 | 0.17 | +12.57% |
| Q4 2025 | 2025-12-31 | 1.39 | 0.00 | +0.30% |
| Q3 2025 | 2025-09-30 | 1.24 | 0.17 | +15.68% |
| Q2 2025 | 2025-06-30 | 1.25 | 0.18 | +16.40% |
| Q1 2025 | 2025-03-31 | 1.32 | 0.24 | +22.14% |
| Q4 2024 | 2024-12-31 | 1.39 | 0.45 | +48.31% |
| Q3 2024 | 2024-09-30 | 1.07 | 0.06 | +6.17% |
| Q2 2024 | 2024-06-30 | 1.08 | 0.10 | +10.79% |
| Q1 2024 | 2024-03-31 | 1.08 | 0.03 | +2.77% |
| Q4 2023 | 2023-12-31 | 0.94 | −0.25 | −21.01% |
| Q3 2023 | 2023-09-30 | 1.01 | −0.43 | −29.81% |
| Q2 2023 | 2023-06-30 | 0.97 | −0.68 | −41.27% |
| Q1 2023 | 2023-03-31 | 1.05 | −1.09 | −50.94% |
| Q4 2022 | 2022-12-31 | 1.19 | −1.01 | −45.91% |
| Q3 2022 | 2022-09-30 | 1.44 | −1.38 | −49.00% |
| Q2 2022 | 2022-06-30 | 1.65 | −1.14 | −40.79% |
| Q1 2022 | 2022-03-31 | 2.14 | −0.78 | −26.67% |
| Q4 2021 | 2021-12-31 | 2.19 | −0.54 | −19.73% |
| Q3 2021 | 2021-09-30 | 2.82 | −0.04 | −1.53% |
| Q2 2021 | 2021-06-30 | 2.79 | −0.20 | −6.80% |
| Q1 2021 | 2021-03-31 | 2.92 | 0.07 | +2.37% |
| Q4 2020 | 2020-12-31 | 2.73 | 0.50 | +22.40% |
| Q3 2020 | 2020-09-30 | 2.86 | 0.60 | +26.48% |
| Q2 2020 | 2020-06-30 | 2.99 | 1.08 | +56.51% |
| Q1 2020 | 2020-03-31 | 2.85 | 1.02 | +55.22% |
| Q4 2019 | 2019-12-31 | 2.23 | 0.58 | +34.87% |
| Q3 2019 | 2019-09-30 | 2.26 | 0.70 | +45.17% |
| Q2 2019 | 2019-06-30 | 1.91 | 0.40 | +26.35% |
| Q1 2019 | 2019-03-31 | 1.84 | 0.49 | +36.42% |
| Q4 2018 | 2018-12-31 | 1.65 | 0.25 | +17.72% |
| Q3 2018 | 2018-09-30 | 1.56 | 0.30 | +24.08% |
| Q2 2018 | 2018-06-30 | 1.51 | 0.24 | +19.18% |
| Q1 2018 | 2018-03-31 | 1.35 | −0.07 | −4.94% |
| Q4 2017 | 2017-12-31 | 1.40 | −0.63 | −30.92% |
| Q3 2017 | 2017-09-30 | 1.26 | −0.57 | −31.35% |
| Q2 2017 | 2017-06-30 | 1.27 | −0.23 | −15.59% |
| Q1 2017 | 2017-03-31 | 1.42 | −0.19 | −11.66% |
| Q4 2016 | 2016-12-31 | 2.03 | 0.47 | +30.00% |
| Q3 2016 | 2016-09-30 | 1.83 | 0.54 | +42.11% |
| Q2 2016 | 2016-06-30 | 1.51 | 0.38 | +33.81% |
| Q1 2016 | 2016-03-31 | 1.61 | 0.41 | +34.28% |
| Q4 2015 | 2015-12-31 | 1.56 | 0.48 | +44.88% |
| Q3 2015 | 2015-09-30 | 1.29 | 0.43 | +49.36% |
| Q2 2015 | 2015-06-30 | 1.12 | 0.31 | +37.49% |
| Q1 2015 | 2015-03-31 | 1.20 | 0.25 | +26.40% |
| Q4 2014 | 2014-12-31 | 1.08 | 0.14 | +14.62% |
| Q3 2014 | 2014-09-30 | 0.86 | −0.36 | −29.62% |
| Q2 2014 | 2014-06-30 | 0.82 | −0.43 | −34.46% |
| Q1 2014 | 2014-03-31 | 0.95 | −0.70 | −42.59% |
| Q4 2013 | 2013-12-31 | 0.94 | −0.27 | −22.05% |
| Q3 2013 | 2013-09-30 | 1.23 | 0.57 | +87.19% |
| Q2 2013 | 2013-06-30 | 1.25 | 0.57 | +83.66% |
| Q1 2013 | 2013-03-31 | 1.65 | 0.93 | +129.10% |
| Q4 2012 | 2012-12-31 | 1.21 | 0.34 | +39.93% |
| Q3 2012 | 2012-09-30 | 0.65 | −0.18 | −21.68% |
| Q2 2012 | 2012-06-30 | 0.68 | −0.16 | −19.07% |
| Q1 2012 | 2012-03-31 | 0.72 | — | — |
| Q4 2011 | 2011-12-31 | 0.86 | −0.51 | −37.11% |
| Q3 2011 | 2011-09-30 | 0.84 | — | — |
| Q2 2011 | 2011-06-30 | 0.84 | — | — |
| Q4 2010 | 2010-12-31 | 1.37 | — | — |
Titan International debt-to-equity ratio trends
Over the last five fiscal years, Titan International's debt-to-equity ratio decreased from 2.73 to 1.39, a change of −1.34. The latest reported quarter, Q2 2026, shows 1.42.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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