GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Titan International Inc (NYSE:TWI) » Definitions » Selling, General, & Admin. Expense

Titan International (Titan International) Selling, General, & Admin. Expense : $135 Mil (TTM As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Titan International Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Titan International's selling, general, & admin. expense for the three months ended in Dec. 2023 was $32 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $135 Mil.


Titan International Selling, General, & Admin. Expense Historical Data

The historical data trend for Titan International's Selling, General, & Admin. Expense 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 International Selling, General, & Admin. Expense Chart

Titan International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.70 130.94 131.77 132.79 134.94

Titan International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Selling, General, & Admin. Expense 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 30.49 34.47 34.86 33.59 32.02

Competitive Comparison of Titan International's Selling, General, & Admin. Expense

For the Farm & Heavy Construction Machinery subindustry, Titan International's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 International's Selling, General, & Admin. Expense Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Titan International's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Titan International's Selling, General, & Admin. Expense falls into.



Titan International Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $135 Mil.

* 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.


Titan International  (NYSE:TWI) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Titan International Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of Titan International's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Titan International (Titan International) Business Description

Traded in Other Exchanges
Address
1525 Kautz Road, Suite 600, West Chicago, IL, USA, 60185
Titan International Inc is a manufacturer of wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. The company operates through three segments namely Agricultural, Earthmoving/Construction, and Consumer. Geographically, business of the group can be seen in the United States, Europe / CIS, Latin America and Other international. Titan derives most of the revenue from Agricultural segment which manufacture various agricultural equipment, including tractors, combines, plows, planters and irrigation equipment, and are sold directly to original equipment manufacturers and to the aftermarket through independent distributors, equipment dealers and Titan's own distribution centers.
Executives
Max A Guinn director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Michael G Troyanovich officer: Secretary&Asst General Counsel 2701 SPRUCE STREET, QUINCY IL 62301
Anthony Eheli officer: VP, Chief Accounting Officer 2701 SPRUCE STREET, QUINCY IL 62301
Taylor Maurice M Jr director, officer: President & CEO 2701 SPRUCE STREET, QUINCY IL 62301
Paul G Reitz officer: Chief Financial Officer 1301 FIRST AVENUE, COLUMBUS GA 31901
Laura K Thompson director 200 INNOVATION WAY, AKRON OH 44316
Gary L Cowger director 5725 DELPHI DRIVE, TROY MI 48098
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Holdings Llc 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
David A Martin officer: Chief Financial Officer C/O TITAN INTERNATIONAL, INC., 2701 SPRUCE STREET, QUINCY IL 62301
Amy S Evans officer: Interim CFO 2701 SPRUCE STREET, QUINCY IL 62301
James M Froisland officer: Interim CFO 385 PERSIMMON DRIVE, ST. CHARLES IL 60174
Anthony L Soave director C/O TITAN INTERNATIONAL CORP, 2701 SPRUCE STREET, QUINCY IL 62301