COOKNYSEHousehold AppliancesFiscal year ends December 31
Traeger, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$44.07−0.11 (-0.25%)
Close on Oct 19, 2026
- Market cap
- $121.12M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
39.2%−3.8 pts over 5 years
Operating margin
-17.5%−28.2 pts over 5 years
Net margin
-20.6%−26.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -7.4% | -5.2% | +0.5% | – | |
| Gross profit | -14.1% | -1.4% | -1.4% | – | |
| Free cash flow | +14.2% | – | -16.0% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -51.5% | |
| Return on assets | – | – | -15.3% | |
| Current ratio | – | 1.98 | 2.68 | |
| Debt to equity | – | 0.92 | 2.34 | |
| Net debt to EBITDA | – | 4.68× | -6.09× | |
| Interest coverage | – | 1.7× | -3.1× | |
| Inventory turnover | – | – | 3.3× | |
| Capex to revenue | – | 2.6% | 1.2% | |
| Diluted shares | – | 2M | 3M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Traeger generated $141.97M from operations and spent $79.75M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$141.97M
Used
$79.75M
Capital expenditure$79.75M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-20.6%
×Asset turnover0.74×
×Equity multiplier3.37×
=Return on equity, FY2025-51.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -20.6% | 0.74× | 3.37× | -51.5% |
| FY2024 | -5.6% | 0.71× | 2.98× | -12.0% |
| FY2023 | -13.9% | 0.67× | 2.89× | -27.0% |
| FY2022 | -58.3% | 0.62× | 2.26× | -81.2% |
| FY2021 | -11.7% | 0.73× | 2.01× | -17.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$115.18M
- Cash generatingOperating cash flow above zero$20.52M
- Return on assets improvedROA up on the prior year-4.0% → -13.9%
- Earnings backed by cashOperating cash flow above net income$20.52M vs -$115.18M
- Less leverageLong-term debt to assets fell48.0% → 59.1%
- Better liquidityCurrent ratio rose1.99 → 2.68
- No dilutionShare count did not rise3M → 3M
- Gross margin improvedGross margin up on the prior year42.29% → 39.20%
- More efficientAsset turnover rose0.70 → 0.67