Free Trial

Tile Shop (TTSH) Financials

Tile Shop logo
$6.06 -0.10 (-1.62%)
Closing price 05/28/2025 04:00 PM Eastern
Extended Trading
$6.06 +0.00 (+0.02%)
As of 07:04 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Tile Shop

Annual Income Statements for Tile Shop

This table shows Tile Shop's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders
2.32 10 16
Consolidated Net Income / (Loss)
2.32 10 16
Net Income / (Loss) Continuing Operations
2.32 10 16
Total Pre-Tax Income
3.24 14 21
Total Operating Income
3.52 16 23
Total Gross Profit
228 243 259
Total Revenue
347 377 395
Operating Revenue
347 377 395
Total Cost of Revenue
119 134 136
Operating Cost of Revenue
119 134 136
Total Operating Expenses
224 227 236
Selling, General & Admin Expense
224 227 236
Total Other Income / (Expense), net
-0.28 -2.16 -1.58
Interest Expense
0.28 2.16 1.58
Income Tax Expense
0.92 3.92 5.33
Basic Earnings per Share
$0.05 $0.23 $0.32
Weighted Average Basic Shares Outstanding
43.71M 43.42M 48.86M
Diluted Earnings per Share
$0.05 $0.23 $0.32
Weighted Average Diluted Shares Outstanding
43.85M 43.62M 49.25M
Weighted Average Basic & Diluted Shares Outstanding
44.66M 44.51M 44.36M

Quarterly Income Statements for Tile Shop

This table shows Tile Shop's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-0.63 0.04 1.22 1.69 0.64 1.84 5.08 2.51 1.45 3.82
Consolidated Net Income / (Loss)
-0.63 0.04 1.22 1.69 0.64 1.84 5.08 2.51 1.45 3.82
Net Income / (Loss) Continuing Operations
-0.63 0.04 1.22 1.69 0.64 1.84 5.08 2.51 1.45 3.82
Total Pre-Tax Income
-0.85 0.18 1.79 2.12 1.23 2.38 7.07 3.33 1.80 5.18
Total Operating Income
-0.87 0.25 1.85 2.28 1.47 2.83 7.73 4.13 2.59 5.50
Total Gross Profit
51 56 60 60 55 60 63 66 56 65
Total Revenue
79 85 91 92 84 92 99 102 87 97
Operating Revenue
79 85 91 92 84 92 99 102 87 97
Total Cost of Revenue
28 28 31 31 30 33 35 36 31 33
Operating Cost of Revenue
28 28 31 31 30 33 35 36 31 33
Total Operating Expenses
52 56 58 58 53 57 56 61 54 59
Selling, General & Admin Expense
52 56 58 58 53 57 56 61 54 59
Total Other Income / (Expense), net
0.02 -0.07 -0.06 -0.17 -0.25 -0.45 -0.67 -0.80 -0.79 -0.32
Interest Expense
-0.02 0.07 0.06 0.17 0.25 0.45 0.67 0.80 0.79 0.32
Income Tax Expense
-0.22 0.14 0.58 0.43 0.59 0.53 1.99 0.82 0.35 1.36
Basic Earnings per Share
($0.02) $0.00 $0.03 $0.04 $0.01 $0.04 $0.12 $0.06 $0.03 $0.08
Weighted Average Basic Shares Outstanding
43.71M 43.79M 43.69M 43.57M 43.42M 43.52M 43.36M 43.24M 48.86M 50.42M
Diluted Earnings per Share
($0.02) $0.00 $0.03 $0.04 $0.01 $0.04 $0.12 $0.06 $0.04 $0.08
Weighted Average Diluted Shares Outstanding
43.85M 43.89M 43.76M 43.72M 43.62M 43.73M 43.51M 43.51M 49.25M 50.72M
Weighted Average Basic & Diluted Shares Outstanding
44.66M 44.66M 44.65M 44.53M 44.51M 44.53M 44.56M 44.61M 44.36M 44.36M

Annual Cash Flow Statements for Tile Shop

This table details how cash moves in and out of Tile Shop's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents
12 0.86 -2.25
Net Cash From Operating Activities
27 62 2.72
Net Cash From Continuing Operating Activities
27 62 2.72
Net Income / (Loss) Continuing Operations
2.32 10 16
Consolidated Net Income / (Loss)
2.32 10 16
Depreciation Expense
18 21 25
Amortization Expense
0.07 0.26 0.43
Non-Cash Adjustments To Reconcile Net Income
29 28 28
Changes in Operating Assets and Liabilities, net
-22 2.25 -67
Net Cash From Investing Activities
-14 -15 -14
Net Cash From Continuing Investing Activities
-14 -15 -14
Purchase of Property, Plant & Equipment
-15 -15 -14
Sale of Property, Plant & Equipment
0.10 0.06 0.00
Other Investing Activities, net
0.10 0.00 0.00
Net Cash From Financing Activities
-0.50 -46 9.11
Net Cash From Continuing Financing Activities
-0.50 -46 9.11
Repayment of Debt
-10 -65 -50
Repurchase of Common Equity
0.00 0.00 -30
Issuance of Debt
10 20 90
Other Financing Activities, net
-0.50 -0.53 -0.76
Other Net Changes in Cash
0.07 -0.02 -0.06
Cash Interest Paid
0.31 2.08 1.26
Cash Income Taxes Paid
2.35 -2.22 2.23

Quarterly Cash Flow Statements for Tile Shop

This table details how cash moves in and out of Tile Shop's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-4.10 -0.28 1.31 15 -8.41 1.78 5.86 1.63 -7.80 4.39
Net Cash From Operating Activities
-1.40 5.06 4.86 19 5.89 15 16 26 -4.47 -2.04
Net Cash From Continuing Operating Activities
-1.40 5.06 4.86 19 5.89 15 16 26 -4.47 -2.04
Net Income / (Loss) Continuing Operations
-0.63 0.04 1.22 1.69 0.64 1.84 5.08 2.51 1.45 3.82
Consolidated Net Income / (Loss)
-0.63 0.04 1.22 1.69 0.64 1.84 5.08 2.51 1.45 3.82
Depreciation Expense
3.96 4.46 4.60 4.74 4.84 5.06 5.55 5.78 6.13 6.16
Amortization Expense
0.02 0.02 0.02 0.02 0.06 0.06 0.07 0.06 0.06 0.21
Non-Cash Adjustments To Reconcile Net Income
7.02 7.03 7.92 7.14 7.05 6.85 7.44 6.91 7.00 6.97
Changes in Operating Assets and Liabilities, net
-12 -6.48 -8.90 5.01 -6.70 0.91 -2.52 11 -19 -19
Net Cash From Investing Activities
-2.68 -5.40 -3.54 -2.72 -4.27 -2.91 -4.71 -3.37 -3.69 -2.98
Net Cash From Continuing Investing Activities
-2.68 -5.40 -3.54 -2.72 -4.27 -2.91 -4.71 -3.37 -3.69 -2.98
Purchase of Property, Plant & Equipment
-2.78 -5.50 -3.54 -2.72 -4.27 -2.97 -4.71 -3.37 -3.69 -2.98
Sale of Property, Plant & Equipment
0.10 - - - - - - - - -
Net Cash From Financing Activities
-0.02 -0.02 -0.01 -0.46 -10 -10 -5.02 -21 0.34 9.45
Net Cash From Continuing Financing Activities
-0.02 -0.02 -0.01 -0.46 -10 -10 -5.02 -21 0.34 9.45
Other Financing Activities, net
-0.02 -0.02 -0.01 -0.46 -0.04 -0.04 -0.02 -0.43 -0.03 -0.05
Cash Interest Paid
0.08 0.06 0.04 0.13 0.12 0.38 0.62 0.96 0.38 0.34
Cash Income Taxes Paid
-0.00 0.01 2.35 0.00 0.05 0.01 2.01 -4.28 -2.69 0.09

Annual Balance Sheets for Tile Shop

This table presents Tile Shop's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets
320 317 346
Total Current Assets
120 115 146
Cash & Equivalents
21 8.62 5.95
Restricted Cash
0.00 0.00 1.81
Accounts Receivable
3.09 2.88 3.41
Inventories, net
86 94 121
Current Deferred & Refundable Income Taxes
0.85 0.13 3.86
Other Current Assets
8.66 9.25 10
Plant, Property, & Equipment, net
60 64 71
Total Noncurrent Assets
140 138 128
Noncurrent Deferred & Refundable Income Taxes
4.89 5.26 6.54
Other Noncurrent Operating Assets
135 133 122
Total Liabilities & Shareholders' Equity
320 317 346
Total Liabilities
197 197 237
Total Current Liabilities
78 79 83
Accounts Payable
24 23 24
Accrued Expenses
26 27 32
Current Deferred & Payable Income Tax Liabilities
0.06 1.14 0.00
Other Current Liabilities
29 27 -
Total Noncurrent Liabilities
118 118 154
Long-Term Debt
0.00 0.00 45
Other Noncurrent Operating Liabilities
118 118 5.01
Total Equity & Noncontrolling Interests
123 120 109
Total Preferred & Common Equity
123 120 109
Preferred Stock
0.00 0.00 0.00
Total Common Equity
123 120 109
Common Stock
130 129 128
Retained Earnings
-6.79 -9.11 -19
Accumulated Other Comprehensive Income / (Loss)
0.00 -0.07 -0.05

Quarterly Balance Sheets for Tile Shop

This table presents Tile Shop's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
321 322 326 323 325 335 361
Total Current Assets
123 125 127 130 136 139 153
Cash & Equivalents
25 25 24 16 15 8.62 12
Restricted Cash
0.00 0.00 0.00 0.66 0.66 0.77 3.13
Accounts Receivable
3.27 3.65 3.94 3.50 3.87 3.82 4.10
Inventories, net
85 86 89 99 107 115 121
Current Deferred & Refundable Income Taxes
1.11 1.42 0.13 0.44 0.88 0.10 0.11
Other Current Assets
9.20 8.50 9.74 10 9.01 10 12
Plant, Property, & Equipment, net
61 60 62 65 67 68 73
Total Noncurrent Assets
137 137 137 128 123 127 135
Noncurrent Deferred & Refundable Income Taxes
4.43 4.26 4.97 4.47 4.53 5.94 16
Other Noncurrent Operating Assets
132 133 132 123 118 121 119
Total Liabilities & Shareholders' Equity
321 322 326 323 325 335 361
Total Liabilities
197 200 205 204 209 223 239
Total Current Liabilities
81 82 88 86 86 91 103
Accounts Payable
21 22 24 26 24 26 33
Accrued Expenses
31 31 34 33 34 38 40
Current Deferred & Payable Income Tax Liabilities
0.08 0.08 1.28 0.11 0.09 0.74 2.37
Other Current Liabilities
29 29 - - 27 27 28
Total Noncurrent Liabilities
116 117 117 118 123 132 136
Long-Term Debt
0.00 0.00 0.00 10 20 25 30
Other Noncurrent Operating Liabilities
116 117 5.02 3.84 103 107 106
Total Equity & Noncontrolling Interests
123 123 121 119 117 111 122
Total Preferred & Common Equity
123 123 121 119 117 111 122
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
123 123 121 119 117 111 122
Common Stock
129 129 129 129 128 128 128
Retained Earnings
-6.16 -6.20 -7.42 -9.75 -12 -17 -6.01
Accumulated Other Comprehensive Income / (Loss)
0.00 -0.08 -0.08 -0.09 -0.08 -0.05 -0.08

Annual Metrics And Ratios for Tile Shop

This table displays calculated financial ratios and metrics derived from Tile Shop's official financial filings.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics
- - -
Revenue Growth
-7.97% -4.45% 6.47%
EBITDA Growth
-43.29% -21.86% -0.24%
EBIT Growth
-78.23% -28.53% 9.70%
NOPAT Growth
-78.35% -31.12% 10.63%
Net Income Growth
-76.95% -35.87% 6.29%
EPS Growth
-78.26% -28.13% 10.34%
Operating Cash Flow Growth
-56.32% 2,185.82% -93.16%
Free Cash Flow Firm Growth
-93.47% 224.14% -634.81%
Invested Capital Growth
-8.20% -59.99% 136.86%
Revenue Q/Q Growth
-1.42% -0.79% -0.68%
EBITDA Q/Q Growth
-13.25% -6.04% -1.33%
EBIT Q/Q Growth
-39.92% -6.49% -1.47%
NOPAT Q/Q Growth
-36.23% -9.96% 0.89%
Net Income Q/Q Growth
-35.26% -7.50% -2.21%
EPS Q/Q Growth
-37.50% -11.54% 0.00%
Operating Cash Flow Q/Q Growth
-21.20% 20.03% 9.21%
Free Cash Flow Firm Q/Q Growth
-92.17% 291.12% -1,127.90%
Invested Capital Q/Q Growth
3.85% -54.24% 103.27%
Profitability Metrics
- - -
Gross Margin
65.66% 64.45% 65.60%
EBITDA Margin
6.15% 9.98% 12.21%
Operating Margin
1.01% 4.28% 5.73%
EBIT Margin
1.01% 4.28% 5.73%
Profit (Net Income) Margin
0.67% 2.67% 3.98%
Tax Burden Percent
71.59% 71.97% 74.67%
Interest Burden Percent
92.18% 86.61% 93.02%
Effective Tax Rate
28.41% 28.03% 25.33%
Return on Invested Capital (ROIC)
2.36% 5.98% 8.55%
ROIC Less NNEP Spread (ROIC-NNEP)
3.70% 4.04% 7.11%
Return on Net Nonoperating Assets (RNNOA)
-0.45% 2.83% 5.04%
Return on Equity (ROE)
1.91% 8.82% 13.60%
Cash Return on Invested Capital (CROIC)
10.92% 91.69% -72.71%
Operating Return on Assets (OROA)
1.11% 4.88% 6.59%
Return on Assets (ROA)
0.73% 3.04% 4.57%
Return on Common Equity (ROCE)
1.91% 8.82% 13.60%
Return on Equity Simple (ROE_SIMPLE)
1.89% 8.41% 14.44%
Net Operating Profit after Tax (NOPAT)
2.52 12 17
NOPAT Margin
0.73% 3.08% 4.28%
Net Nonoperating Expense Percent (NNEP)
-1.33% 1.94% 1.44%
Return On Investment Capital (ROIC_SIMPLE)
2.05% 9.72% 5.92%
Cost of Revenue to Revenue
34.34% 35.55% 34.40%
SG&A Expenses to Revenue
64.64% 60.16% 59.88%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
64.64% 60.16% 59.88%
Earnings before Interest and Taxes (EBIT)
3.52 16 23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
21 38 48
Valuation Ratios
- - -
Price to Book Value (P/BV)
2.52 2.74 1.79
Price to Tangible Book Value (P/TBV)
2.52 2.74 1.79
Price to Revenue (P/Rev)
0.89 0.87 0.49
Price to Earnings (P/E)
133.34 32.54 12.37
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.75% 3.07% 8.08%
Enterprise Value to Invested Capital (EV/IC)
2.83 2.87 1.31
Enterprise Value to Revenue (EV/Rev)
0.83 0.85 0.92
Enterprise Value to EBITDA (EV/EBITDA)
13.52 8.48 7.54
Enterprise Value to EBIT (EV/EBIT)
82.04 19.75 16.06
Enterprise Value to NOPAT (EV/NOPAT)
114.59 27.44 21.51
Enterprise Value to Operating Cash Flow (EV/OCF)
10.64 5.14 133.76
Enterprise Value to Free Cash Flow (EV/FCFF)
24.81 1.79 0.00
Leverage & Solvency
- - -
Debt to Equity
0.00 0.00 1.62
Long-Term Debt to Equity
0.00 0.00 1.37
Financial Leverage
-0.12 0.70 0.71
Leverage Ratio
2.62 2.90 2.97
Compound Leverage Factor
2.42 2.51 2.76
Debt to Total Capital
0.00% 0.00% 61.89%
Short-Term Debt to Total Capital
0.00% 0.00% 9.76%
Long-Term Debt to Total Capital
0.00% 0.00% 52.12%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 38.11%
Debt to EBITDA
0.00 0.00 3.67
Net Debt to EBITDA
0.00 0.00 3.50
Long-Term Debt to EBITDA
0.00 0.00 3.09
Debt to NOPAT
0.00 0.00 10.46
Net Debt to NOPAT
0.00 0.00 10.00
Long-Term Debt to NOPAT
0.00 0.00 8.81
Altman Z-Score
2.19 2.45 1.99
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Current Ratio
1.53 1.45 1.76
Quick Ratio
0.31 0.15 0.11
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
12 178 -144
Operating Cash Flow to CapEx
187.77% 406.82% 19.36%
Free Cash Flow to Firm to Interest Expense
42.29 82.34 -90.90
Operating Cash Flow to Interest Expense
98.57 28.68 1.72
Operating Cash Flow Less CapEx to Interest Expense
46.08 21.63 -7.16
Efficiency Ratios
- - -
Asset Turnover
1.09 1.14 1.15
Accounts Receivable Turnover
116.33 119.86 119.37
Inventory Turnover
1.32 1.25 1.24
Fixed Asset Turnover
5.60 5.57 5.15
Accounts Payable Turnover
5.06 5.72 4.99
Days Sales Outstanding (DSO)
3.14 3.05 3.06
Days Inventory Outstanding (DIO)
275.51 292.13 293.21
Days Payable Outstanding (DPO)
72.20 63.77 73.11
Cash Conversion Cycle (CCC)
206.45 231.41 223.16
Capital & Investment Metrics
- - -
Invested Capital
102 111 278
Invested Capital Turnover
3.26 1.94 2.00
Increase / (Decrease) in Invested Capital
-9.11 -167 160
Enterprise Value (EV)
289 319 363
Market Capitalization
309 328 194
Book Value per Share
$2.75 $2.69 $2.45
Tangible Book Value per Share
$2.75 $2.69 $2.45
Total Capital
123 120 285
Total Debt
0.00 0.00 177
Total Long-Term Debt
0.00 0.00 149
Net Debt
-21 -8.62 169
Capital Expenditures (CapEx)
14 15 14
Debt-free, Cash-free Net Working Capital (DFCFNWC)
20 27 83
Debt-free Net Working Capital (DFNWC)
41 36 91
Net Working Capital (NWC)
41 36 63
Net Nonoperating Expense (NNE)
0.20 1.56 1.18
Net Nonoperating Obligations (NNO)
-21 -8.62 169
Total Depreciation and Amortization (D&A)
18 21 26
Debt-free, Cash-free Net Working Capital to Revenue
5.90% 7.21% 21.08%
Debt-free Net Working Capital to Revenue
11.94% 9.50% 23.05%
Net Working Capital to Revenue
11.94% 9.50% 15.99%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$0.05 $0.23 $0.00
Adjusted Weighted Average Basic Shares Outstanding
43.71M 43.42M 0.00
Adjusted Diluted Earnings per Share
$0.05 $0.23 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
43.85M 43.62M 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
44.66M 44.51M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
2.52 12 17
Normalized NOPAT Margin
0.73% 3.08% 4.28%
Pre Tax Income Margin
0.93% 3.71% 5.33%
Debt Service Ratios
- - -
EBIT to Interest Expense
12.79 7.47 14.32
NOPAT to Interest Expense
9.16 5.37 10.69
EBIT Less CapEx to Interest Expense
-39.71 0.42 5.44
NOPAT Less CapEx to Interest Expense
-43.34 -1.68 1.81
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 192.14%

Quarterly Metrics And Ratios for Tile Shop

This table displays calculated financial ratios and metrics derived from Tile Shop's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
-5.92% -8.26% -7.28% -10.09% -3.45% -5.19% -8.41% -0.44% -3.01% 5.33%
EBITDA Growth
-51.20% -40.59% -51.52% -29.37% -27.52% -32.96% -17.96% -11.39% -6.90% 19.58%
EBIT Growth
-158.98% -91.16% -76.07% -44.65% -43.29% -48.59% -20.90% -12.90% -11.54% 74.26%
NOPAT Growth
-179.52% -97.39% -77.38% -41.52% -63.54% -45.90% -21.25% -16.32% 10.30% 74.53%
Net Income Growth
-198.74% -97.78% -76.00% -32.76% -56.23% -51.77% -26.54% -28.49% -19.64% 75.77%
EPS Growth
-300.00% -100.00% -75.00% -33.33% -75.00% -50.00% -7.69% -14.29% 0.00% 100.00%
Operating Cash Flow Growth
-123.85% -65.66% -68.86% -28.01% 231.72% 822.96% 882.76% 238.25% 4.87% -184.74%
Free Cash Flow Firm Growth
-94.92% 239.11% 127.71% -1,398.75% 205.69% -326.67% 175.05% -44.17% -1,274.77% -185.18%
Invested Capital Growth
-8.20% -59.55% -19.69% 87.01% -59.99% 77.72% -4.32% 8.89% 136.86% 26.28%
Revenue Q/Q Growth
-5.98% -7.53% -0.38% 8.61% -8.31% -6.54% -3.39% 16.63% -9.96% -9.71%
EBITDA Q/Q Growth
-34.24% -26.97% -8.12% 10.58% -19.94% -40.40% 33.85% 13.49% -25.95% -27.07%
EBIT Q/Q Growth
-446.80% -86.49% -18.92% 55.31% -48.04% -63.42% 87.49% 59.14% -52.90% -43.72%
NOPAT Q/Q Growth
-1,159.85% -95.45% -30.95% 138.66% -65.24% -60.51% 78.49% 48.77% -48.41% -42.51%
Net Income Q/Q Growth
-1,631.71% -96.64% -27.83% 165.57% -65.51% -63.69% 102.19% 72.88% -61.99% -44.71%
EPS Q/Q Growth
0.00% -100.00% -25.00% 300.00% -75.00% -66.67% 100.00% 50.00% -50.00% -38.46%
Operating Cash Flow Q/Q Growth
-127.75% 4.03% -73.84% 215.71% -60.04% -5.65% -39.52% 677.67% -119.33% -228.26%
Free Cash Flow Firm Q/Q Growth
-94.12% 475.03% 123.16% -164.89% 260.96% -1,041.24% 252.45% 95.42% -549.84% -65.57%
Invested Capital Q/Q Growth
3.85% 0.74% -58.93% 113.63% -54.24% 100.04% -4.36% -54.30% 103.27% 7.69%
Profitability Metrics
- - - - - - - - - -
Gross Margin
64.18% 66.54% 66.02% 65.76% 64.72% 64.66% 64.23% 64.24% 64.55% 66.50%
EBITDA Margin
3.91% 5.59% 7.08% 7.68% 7.54% 8.64% 13.54% 9.77% 10.05% 12.21%
Operating Margin
-1.09% 0.30% 2.03% 2.49% 1.74% 3.07% 7.85% 4.04% 2.96% 5.66%
EBIT Margin
-1.09% 0.30% 2.03% 2.49% 1.74% 3.07% 7.85% 4.04% 2.96% 5.66%
Profit (Net Income) Margin
-0.79% 0.05% 1.33% 1.84% 0.75% 2.00% 5.15% 2.46% 1.66% 3.94%
Tax Burden Percent
74.06% 22.91% 67.95% 79.78% 51.92% 77.61% 71.88% 75.50% 80.77% 73.75%
Interest Burden Percent
97.81% 71.60% 96.92% 92.73% 83.33% 83.99% 91.36% 80.65% 69.41% 94.20%
Effective Tax Rate
0.00% 77.10% 32.05% 20.22% 48.08% 22.39% 28.12% 24.50% 19.23% 26.25%
Return on Invested Capital (ROIC)
-2.49% 0.14% 4.53% 4.00% 1.75% 4.78% 17.51% 9.89% 4.78% 13.57%
ROIC Less NNEP Spread (ROIC-NNEP)
-2.35% 0.11% 4.90% 3.80% 1.59% 4.27% 85.71% -8.65% 4.00% 15.13%
Return on Net Nonoperating Assets (RNNOA)
0.29% 0.04% -0.42% 2.15% 1.12% 2.47% -0.48% -0.24% 2.84% -1.66%
Return on Equity (ROE)
-2.20% 0.18% 4.10% 6.15% 2.87% 7.24% 17.03% 9.65% 7.62% 11.91%
Cash Return on Invested Capital (CROIC)
10.92% 87.12% 27.37% -54.95% 91.69% -49.16% 16.33% 4.85% -72.71% -9.55%
Operating Return on Assets (OROA)
-1.19% 0.32% 2.25% 2.76% 1.98% 3.42% 9.01% 4.71% 3.41% 6.24%
Return on Assets (ROA)
-0.86% 0.05% 1.48% 2.05% 0.86% 2.23% 5.92% 2.87% 1.91% 4.33%
Return on Common Equity (ROCE)
-2.20% 0.18% 4.10% 6.15% 2.87% 7.24% 17.03% 9.65% 7.62% 11.91%
Return on Equity Simple (ROE_SIMPLE)
0.00% 2.91% 4.39% 7.62% 0.00% 9.17% 11.04% 13.21% 0.00% 13.19%
Net Operating Profit after Tax (NOPAT)
-0.61 0.06 1.26 1.82 0.76 2.20 5.56 3.11 2.09 4.06
NOPAT Margin
-0.76% 0.07% 1.38% 1.99% 0.90% 2.38% 5.64% 3.05% 2.39% 4.18%
Net Nonoperating Expense Percent (NNEP)
-0.14% 0.03% -0.38% 0.20% 0.16% 0.51% -68.20% 18.54% 0.78% -1.56%
Return On Investment Capital (ROIC_SIMPLE)
-0.49% - - - 0.64% - - - 0.73% -
Cost of Revenue to Revenue
35.82% 33.46% 33.98% 34.24% 35.28% 35.34% 35.77% 35.76% 35.45% 33.50%
SG&A Expenses to Revenue
65.27% 66.24% 63.99% 63.27% 62.98% 61.59% 56.38% 60.20% 61.58% 60.84%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
65.27% 66.24% 63.99% 63.27% 62.98% 61.59% 56.38% 60.20% 61.58% 60.84%
Earnings before Interest and Taxes (EBIT)
-0.87 0.25 1.85 2.28 1.47 2.83 7.73 4.13 2.59 5.50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
3.11 4.73 6.47 7.04 6.37 7.96 13 9.97 8.79 12
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.52 2.39 2.51 2.58 2.74 2.06 2.12 1.87 1.79 1.51
Price to Tangible Book Value (P/TBV)
2.52 2.39 2.51 2.58 2.74 2.06 2.12 1.87 1.79 1.51
Price to Revenue (P/Rev)
0.89 0.84 0.86 0.85 0.87 0.64 0.64 0.53 0.49 0.46
Price to Earnings (P/E)
133.34 82.08 57.27 33.84 32.54 22.47 19.21 14.15 12.37 11.46
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.47%
Earnings Yield
0.75% 1.22% 1.75% 2.96% 3.07% 4.45% 5.21% 7.07% 8.08% 8.73%
Enterprise Value to Invested Capital (EV/IC)
2.83 2.74 2.91 1.81 2.87 1.52 2.08 1.76 1.31 1.46
Enterprise Value to Revenue (EV/Rev)
0.83 0.76 0.79 1.17 0.85 0.97 0.65 0.57 0.92 0.50
Enterprise Value to EBITDA (EV/EBITDA)
13.52 10.94 10.17 12.35 8.48 9.20 5.73 4.77 7.54 4.07
Enterprise Value to EBIT (EV/EBIT)
82.04 45.98 33.59 29.96 19.75 21.33 12.62 10.17 16.06 8.66
Enterprise Value to NOPAT (EV/NOPAT)
114.59 68.17 46.83 41.41 27.44 28.54 17.05 13.75 21.51 11.88
Enterprise Value to Operating Cash Flow (EV/OCF)
10.64 7.83 6.43 7.82 5.14 7.13 7.21 10.70 133.76 79.96
Enterprise Value to Free Cash Flow (EV/FCFF)
24.81 1.81 9.46 0.00 1.79 0.00 12.43 37.89 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 1.15 0.00 1.19 0.17 0.22 1.62 0.25
Long-Term Debt to Equity
0.00 0.00 0.00 0.92 0.00 0.96 0.17 0.22 1.37 0.25
Financial Leverage
-0.12 0.41 -0.09 0.57 0.70 0.58 -0.01 0.03 0.71 -0.11
Leverage Ratio
2.62 2.66 2.71 2.84 2.90 2.84 2.69 2.86 2.97 2.63
Compound Leverage Factor
2.57 1.90 2.62 2.63 2.42 2.39 2.46 2.31 2.06 2.47
Debt to Total Capital
0.00% 0.00% 0.00% 53.58% 0.00% 54.28% 14.64% 18.35% 61.89% 19.98%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 10.75% 0.00% 10.48% 0.00% 0.00% 9.76% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 42.83% 0.00% 43.81% 14.64% 18.35% 52.12% 19.98%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 46.42% 100.00% 45.72% 85.36% 81.65% 38.11% 80.02%
Debt to EBITDA
0.00 0.00 0.00 4.03 0.00 3.52 0.45 0.53 3.67 0.62
Net Debt to EBITDA
0.00 0.00 0.00 3.34 0.00 3.09 0.11 0.33 3.50 0.30
Long-Term Debt to EBITDA
0.00 0.00 0.00 3.22 0.00 2.84 0.45 0.53 3.09 0.62
Debt to NOPAT
0.00 0.00 0.00 13.52 0.00 10.92 1.35 1.54 10.46 1.82
Net Debt to NOPAT
0.00 0.00 0.00 11.20 0.00 9.60 0.32 0.96 10.00 0.89
Long-Term Debt to NOPAT
0.00 0.00 0.00 10.81 0.00 8.81 1.35 1.54 8.81 1.82
Altman Z-Score
2.15 2.12 2.20 2.18 2.30 2.05 2.11 1.88 1.80 1.75
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.53 1.52 1.52 1.44 1.45 1.51 1.59 1.53 1.76 1.48
Quick Ratio
0.31 0.35 0.35 0.32 0.15 0.23 0.22 0.14 0.11 0.16
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
8.51 145 25 -109 167 -104 11 -7.24 -158 -24
Operating Cash Flow to CapEx
-52.49% 91.92% 137.45% 683.67% 137.99% 496.09% 331.62% 766.91% -121.24% -68.41%
Free Cash Flow to Firm to Interest Expense
0.00 2,036.79 441.21 -654.08 682.96 -229.48 16.53 -9.08 -199.65 -76.38
Operating Cash Flow to Interest Expense
0.00 71.25 85.32 111.98 24.03 32.53 23.38 32.36 -5.64 -6.39
Operating Cash Flow Less CapEx to Interest Expense
0.00 -6.27 23.25 95.60 6.62 25.97 16.33 28.14 -10.29 -15.73
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.09 1.09 1.11 1.11 1.14 1.11 1.15 1.16 1.15 1.10
Accounts Receivable Turnover
116.33 104.07 95.60 94.57 119.86 99.98 95.64 107.50 119.37 106.90
Inventory Turnover
1.32 1.32 1.29 1.26 1.25 1.23 1.25 1.24 1.24 1.37
Fixed Asset Turnover
5.60 5.59 5.67 5.61 5.57 5.49 5.37 5.34 5.15 4.96
Accounts Payable Turnover
5.06 5.06 5.39 5.18 5.72 4.58 4.96 5.05 4.99 5.18
Days Sales Outstanding (DSO)
3.14 3.51 3.82 3.86 3.05 3.65 3.82 3.40 3.06 3.41
Days Inventory Outstanding (DIO)
275.51 277.43 282.11 289.02 292.13 297.01 292.59 294.12 293.21 267.18
Days Payable Outstanding (DPO)
72.20 72.10 67.71 70.48 63.77 79.66 73.54 72.30 73.11 70.45
Cash Conversion Cycle (CCC)
206.45 208.84 218.22 222.40 231.41 221.00 222.87 225.22 223.16 200.14
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
102 98 97 237 111 243 121 127 278 137
Invested Capital Turnover
3.26 2.07 3.29 2.01 1.94 2.00 3.10 3.24 2.00 3.25
Increase / (Decrease) in Invested Capital
-9.11 -145 -24 110 -167 106 -5.49 10 160 28
Enterprise Value (EV)
289 269 283 429 319 369 252 224 363 199
Market Capitalization
309 294 309 313 328 245 247 208 194 184
Book Value per Share
$2.75 $2.76 $2.76 $2.73 $2.69 $2.67 $2.61 $2.51 $2.45 $2.33
Tangible Book Value per Share
$2.75 $2.76 $2.76 $2.73 $2.69 $2.67 $2.61 $2.51 $2.45 $2.33
Total Capital
123 123 123 261 120 260 137 136 285 152
Total Debt
0.00 0.00 0.00 140 0.00 141 20 25 177 30
Total Long-Term Debt
0.00 0.00 0.00 112 0.00 114 20 25 149 30
Net Debt
-21 -25 -25 116 -8.62 124 4.75 16 169 15
Capital Expenditures (CapEx)
2.68 5.50 3.54 2.72 4.27 2.97 4.71 3.37 3.69 2.98
Debt-free, Cash-free Net Working Capital (DFCFNWC)
20 17 18 43 27 54 35 39 83 34
Debt-free Net Working Capital (DFNWC)
41 42 43 67 36 71 50 48 91 50
Net Working Capital (NWC)
41 42 43 39 36 44 50 48 63 50
Net Nonoperating Expense (NNE)
0.02 0.02 0.04 0.13 0.13 0.35 0.48 0.60 0.64 0.24
Net Nonoperating Obligations (NNO)
-21 -25 -25 116 -8.62 124 4.75 16 169 15
Total Depreciation and Amortization (D&A)
3.98 4.48 4.62 4.76 4.90 5.13 5.61 5.85 6.20 6.36
Debt-free, Cash-free Net Working Capital to Revenue
5.90% 4.83% 4.90% 11.73% 7.21% 14.17% 9.11% 9.81% 21.08% 8.60%
Debt-free Net Working Capital to Revenue
11.94% 11.95% 11.94% 18.28% 9.50% 18.65% 13.07% 12.20% 23.05% 12.51%
Net Working Capital to Revenue
11.94% 11.95% 11.94% 10.63% 9.50% 11.49% 13.07% 12.20% 15.99% 12.51%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.02) $0.00 $0.03 $0.04 $0.01 $0.04 $0.12 $0.06 $0.03 $0.08
Adjusted Weighted Average Basic Shares Outstanding
43.71M 43.79M 43.69M 43.57M 43.42M 43.52M 43.36M 43.24M 48.86M 50.42M
Adjusted Diluted Earnings per Share
($0.02) $0.00 $0.03 $0.04 $0.01 $0.04 $0.12 $0.06 $0.04 $0.08
Adjusted Weighted Average Diluted Shares Outstanding
43.85M 43.89M 43.76M 43.72M 43.62M 43.73M 43.51M 43.51M 49.25M 50.72M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
44.66M 44.66M 44.65M 44.53M 44.51M 44.53M 44.56M 44.61M 44.36M 44.36M
Normalized Net Operating Profit after Tax (NOPAT)
-0.61 0.18 1.26 1.82 0.76 2.20 5.56 3.11 2.09 4.06
Normalized NOPAT Margin
-0.76% 0.21% 1.38% 1.99% 0.90% 2.38% 5.64% 3.05% 2.39% 4.18%
Pre Tax Income Margin
-1.07% 0.21% 1.96% 2.31% 1.45% 2.58% 7.17% 3.26% 2.06% 5.34%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 3.52 32.47 13.75 6.00 6.25 11.58 5.17 3.27 17.25
NOPAT to Interest Expense
0.00 0.81 22.07 10.97 3.12 4.85 8.32 3.90 2.64 12.72
EBIT Less CapEx to Interest Expense
0.00 -74.00 -29.60 -2.63 -11.42 -0.31 4.53 0.95 -1.38 7.91
NOPAT Less CapEx to Interest Expense
0.00 -76.71 -40.00 -5.41 -14.30 -1.71 1.27 -0.32 -2.01 3.38
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 192.14% 96.81%

Frequently Asked Questions About Tile Shop's Financials

When does Tile Shop's financial year end?

According to the most recent income statement we have on file, Tile Shop's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Tile Shop's net income changed over the last 2 years?

Tile Shop's net income appears to be on a downward trend, with a most recent value of $2.32 million in 2024, falling from $15.70 million in 2022. The previous period was $10.07 million in 2023.

What is Tile Shop's operating income?
Tile Shop's total operating income in 2024 was $3.52 million, based on the following breakdown:
  • Total Gross Profit: $227.87 million
  • Total Operating Expenses: $224.36 million
How has Tile Shop revenue changed over the last 2 years?

Over the last 2 years, Tile Shop's total revenue changed from $394.70 million in 2022 to $347.07 million in 2024, a change of -12.1%.

How much debt does Tile Shop have?

Tile Shop's total liabilities were at $196.69 million at the end of 2024, a 0.1% decrease from 2023, and a 17.0% decrease since 2022.

How much cash does Tile Shop have?

In the past 2 years, Tile Shop's cash and equivalents has ranged from $5.95 million in 2022 to $20.96 million in 2024, and is currently $20.96 million as of their latest financial filing in 2024.

How has Tile Shop's book value per share changed over the last 2 years?

Over the last 2 years, Tile Shop's book value per share changed from 2.45 in 2022 to 2.75 in 2024, a change of 12.3%.



This page (NASDAQ:TTSH) was last updated on 5/29/2025 by MarketBeat.com Staff
From Our Partners