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Titan Machinery (Titan Machinery) 3-Year RORE % : 16.25% (As of Jan. 2024)


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What is Titan Machinery 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Titan Machinery's 3-Year RORE % for the quarter that ended in Jan. 2024 was 16.25%.

The industry rank for Titan Machinery's 3-Year RORE % or its related term are showing as below:

TITN's 3-Year RORE % is ranked better than
60.58% of 137 companies
in the Industrial Distribution industry
Industry Median: 8.59 vs TITN: 16.25

Titan Machinery 3-Year RORE % Historical Data

The historical data trend for Titan Machinery's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Titan Machinery 3-Year RORE % Chart

Titan Machinery Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.02 15.35 52.15 44.07 16.25

Titan Machinery Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.07 39.37 35.80 23.95 16.25

Competitive Comparison of Titan Machinery's 3-Year RORE %

For the Industrial Distribution subindustry, Titan Machinery's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titan Machinery's 3-Year RORE % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Titan Machinery's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Titan Machinery's 3-Year RORE % falls into.



Titan Machinery 3-Year RORE % Calculation

Titan Machinery's 3-Year RORE % for the quarter that ended in Jan. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 4.94-2.93 )/( 12.368-0 )
=2.01/12.368
=16.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2024 and 3-year before.


Titan Machinery  (NAS:TITN) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Titan Machinery 3-Year RORE % Related Terms

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Titan Machinery (Titan Machinery) Business Description

Traded in Other Exchanges
Address
644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.
Executives
Stan K. Erickson director 10380 28TH AVENUE NORTH, MINNEAPOLIS MN 55441
Robert Larsen officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Frank Anglin director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Tony Christianson director
David Joseph Meyer director, officer: Chairman and CEO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bryan J Knutson officer: Chief Operating Officer C/O TITAN MACHINERY INC., 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Mark P. Kalvoda officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bradley Crews director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Christine E Hamilton director 225 S MAIN AVE, P O BOX 5000, SIOUX FALLS SD 57117
John W Henderson director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Jody L Horner director C/O TITAN MACHINERY, 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Richard L Mack director 9590 SKY LANE, EDEN PRAIRIE MN 55347
Theodore M Crosbie director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Peter J. Christianson director, officer: President and CFO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
James Irwin director 10543 EAST MARK LANE, SCOTTSDALE AZ 85262