NYSE : COOK
Traeger, Inc. — Financial statements
Consumer Discretionary · Furnishings, Fixtures & Appliances · United States
Last price 52.93 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 148.11M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Traeger, Inc. (COOK) reported revenue of 484.98M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 484.98M | 559.52M | 604.07M | 605.88M | 655.90M | 785.54M |
| Cost of Revenue | 288.56M | 337.07M | 348.60M | 382.32M | 427.13M | 484.78M |
| Gross Profit | 196.42M | 222.45M | 255.47M | 223.56M | 228.77M | 300.76M |
| Selling, General & Admin | 158.11M | 185.25M | 223.14M | 238.53M | 297.51M | 323.74M |
| Amortization of Goodwill & Intangibles | 35.25M | 35.26M | 35.27M | 35.55M | 35.55M | 34.38M |
| Operating Expenses | 193.36M | 220.51M | 258.41M | 274.08M | 333.07M | 358.11M |
| Operating Income | 3.06M | 1.94M | -2.94M | -50.52M | -104.29M | -57.35M |
| Interest Expense | -31.25M | -31.35M | -33.50M | -31.27M | -27.89M | -26.65M |
| Currency Exchange Gain (Loss) | 483.00K | 662.00K | -3.97M | -2.05M | -3.92M | 3.38M |
| Other Non Operating Income (Expenses) | 6.47M | 3.01M | 5.10M | 8.54M | -2.06M | -402.00K |
| EBT Excluding Unusual Items | -21.24M | -25.74M | -35.31M | -75.31M | -138.17M | -81.02M |
| Merger & Restructuring Charges | -26.11M | -24.94M | -225.00K | -9.32M | ||
| Impairment of Goodwill | -74.72M | -74.72M | -222.32M | |||
| Gain (Loss) on Sale of Assets | 83.00K | 83.00K | -649.00K | -2.19M | -1.14M | -274.00K |
| Other Unusual Items | 6.00M | 6.00M | -4.70M | -10.00M | -8.98M | |
| Pretax Income | -115.99M | -119.32M | -35.96M | -82.42M | -380.95M | -90.28M |
| Income Tax Expense | -3.33M | -4.14M | -1.96M | 1.99M | 1.19M | 1.49M |
| Net Income | -112.65M | -115.18M | -34.01M | -84.40M | -382.14M | -91.77M |
| Net Income to Common | -112.65M | -115.18M | -34.01M | -84.40M | -382.14M | -91.77M |
| Shares Outstanding (Basic) | 2.71M | 2.66M | 2.55M | 2.47M | 2.39M | 2.25M |
| Shares Outstanding (Diluted) | 2.71M | 2.66M | 2.55M | 2.47M | 2.39M | 2.25M |
| EPS (Basic) | -41.50 | -43.27 | -13.34 | -34.11 | -159.63 | -40.83 |
| EPS (Diluted) | -41.72 | -43.50 | -13.50 | -34.11 | -159.63 | -41.00 |
| Free Cash Flow | 61.56M | 13.59M | 11.89M | 44.10M | -13.30M | -50.91M |
| Free Cash Flow Per Share | 22.68 | 5.10 | 4.67 | 17.82 | -5.56 | -22.65 |
| Gross Margin | 40.50% | 39.76% | 42.29% | 36.90% | 34.88% | 38.29% |
| Operating Margin | 0.63% | 0.35% | -0.49% | -8.34% | -15.90% | -7.30% |
| Profit Margin | -23.23% | -20.59% | -5.63% | -13.93% | -58.26% | -11.68% |
| Free Cash Flow Margin | 12.69% | 2.43% | 1.97% | 7.28% | -2.03% | -6.48% |
| EBITDA | 56.02M | 56.08M | 53.38M | 7.26M | -47.75M | -9.85M |
| EBITDA Margin | 11.55% | 10.02% | 8.84% | 1.20% | -7.28% | -1.25% |
| D&A For EBITDA | 52.96M | 54.13M | 56.33M | 57.78M | 56.55M | 47.50M |
| EBIT | 3.06M | 1.94M | -2.94M | -50.52M | -104.29M | -57.35M |
| EBIT Margin | 0.63% | 0.35% | -0.49% | -8.34% | -15.90% | -7.30% |
| Advertising Expenses | 15.70M | 20.10M | 39.80M | 48.40M | 58.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 59.69M | 19.62M | 14.98M | 29.92M | 39.05M | 16.74M |
| Trading Asset Securities | 1.05M | 9.22M | ||||
| Cash & Short-Term Investments | 59.69M | 20.67M | 24.20M | 29.92M | 39.05M | 16.74M |
| Receivables | 74.36M | 82.12M | 85.33M | 59.94M | 42.05M | 92.93M |
| Inventory | 76.26M | 98.83M | 107.37M | 96.17M | 153.47M | 141.54M |
| Prepaid Expenses | 11.17M | 13.02M | 26.22M | 30.27M | 27.16M | 13.60M |
| Restricted Cash | 12.50M | |||||
| Other Current Assets | 168.00K | 210.00K | 76.00K | 1.44M | ||
| Total Current Assets | 221.64M | 214.85M | 243.12M | 216.38M | 274.24M | 266.24M |
| Property, Plant & Equipment | 64.89M | 71.90M | 81.32M | 90.78M | 69.36M | 55.48M |
| Goodwill | 74.72M | 74.72M | 74.72M | 297.05M | ||
| Other Intangible Assets | 366.20M | 387.05M | 428.54M | 470.55M | 512.86M | 555.15M |
| Other Long-Term Assets | 2.00M | 2.17M | 2.97M | 8.33M | 15.53M | 3.61M |
| Total Assets | 654.74M | 675.98M | 830.68M | 860.76M | 946.72M | 1.18B |
| Accounts Payable | 10.87M | 14.13M | 27.70M | 33.28M | 29.84M | 42.69M |
| Accrued Expenses | 44.59M | 56.69M | 60.90M | 45.70M | 44.93M | 61.45M |
| Short-Term Debt | 5.00M | 28.40M | 11.71M | 41.14M | ||
| Current Portion of Long-Term Debt | 250.00K | 250.00K | 250.00K | 250.00K | 250.00K | |
| Current Portion of Leases | 1.76M | 2.65M | 3.79M | 3.61M | 5.18M | |
| Other Current Liabilities | 6.11M | 6.36M | 24.60M | 22.73M | 21.00M | 20.95M |
| Total Current Liabilities | 63.57M | 80.08M | 122.24M | 133.97M | 112.91M | 166.22M |
| Long-Term Debt | 400.16M | 399.59M | 398.44M | 397.30M | 468.11M | 379.39M |
| Long-Term Leases | 22.18M | 23.04M | 26.65M | 29.14M | 9.00M | |
| Long-Term Deferred Tax Liabilities | 1.86M | 6.38M | 8.24M | 10.37M | 11.67M | |
| Other Long-Term Liabilities | 1.54M | 552.00K | 539.00K | 759.00K | 11.46M | 14.21M |
| Total Liabilities | 487.45M | 505.13M | 554.25M | 569.41M | 611.85M | 571.50M |
| Common Stock | 14.00K | 13.00K | 13.00K | 12.00K | 12.00K | |
| Additional Paid-In Capital | 977.11M | 974.37M | 960.97M | 935.27M | 882.07M | 794.41M |
| Retained Earnings | -809.70M | -804.07M | -688.88M | -654.88M | -570.48M | -188.32M |
| Comprehensive Income & Other | -124.00K | 528.00K | 4.34M | 10.94M | 23.26M | -86.00K |
| Shareholders' Equity | 167.29M | 170.85M | 276.43M | 291.35M | 334.87M | 606.02M |
| Total Liabilities & Equity | 654.74M | 675.98M | 830.68M | 860.76M | 946.72M | 1.18B |
| Total Debt | 424.35M | 425.53M | 434.13M | 458.70M | 494.25M | 420.53M |
| Net Cash (Debt) | -364.66M | -404.86M | -409.93M | -428.78M | -455.20M | -403.79M |
| Net Cash Per Share | -134.33 | -152.09 | -160.83 | -173.28 | -190.14 | -179.66 |
| Filing Date Shares Outstanding | 2.80M | 2.75M | 2.61M | 2.56M | 2.45M | 2.36M |
| Total Common Shares Outstanding | 2.80M | 2.74M | 2.61M | 2.52M | 2.45M | 2.35M |
| Working Capital | 158.07M | 134.76M | 120.88M | 82.41M | 161.33M | 100.02M |
| Book Value Per Share | 59.79 | 62.32 | 105.79 | 115.74 | 136.54 | 257.78 |
| Tangible Book Value | -198.92M | -216.20M | -226.83M | -253.92M | -252.71M | -246.18M |
| Tangible Book Value Per Share | -71.09 | -78.87 | -86.81 | -100.87 | -103.04 | -104.71 |
| Land | 2.06M | 2.06M | 1.97M | 1.47M | 1.47M | |
| Machinery | 55.71M | 53.32M | 48.83M | 41.85M | 31.50M | |
| Construction In Progress | 9.22M | 5.88M | 8.03M | 19.35M | 27.36M | |
| Leasehold Improvements | 12.40M | 12.40M | 11.78M | 9.54M | 7.89M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -112.65M | -115.18M | -34.01M | -84.40M | -382.14M | -91.77M |
| Depreciation & Amortization | 52.96M | 54.13M | 56.33M | 57.78M | 56.55M | 47.50M |
| Other Amortization | 2.20M | 2.03M | 1.98M | 2.02M | 1.96M | 2.52M |
| Loss (Gain) From Sale of Assets | 45.00K | -83.00K | 649.00K | 2.19M | 1.14M | 274.00K |
| Asset Writedown & Restructuring Costs | 74.72M | 74.72M | 224.37M | |||
| Stock-Based Compensation | 11.39M | 15.25M | 27.90M | 53.20M | 87.70M | 81.11M |
| Provision & Write-off of Bad Debts | 468.00K | |||||
| Other Operating Activities | -2.25M | -1.33M | -11.93M | -3.91M | 8.02M | 12.87M |
| Change in Accounts Receivable | 1.63M | 3.15M | -25.40M | -17.73M | 51.05M | -26.36M |
| Change in Inventory | 39.53M | 8.54M | -11.19M | 57.30M | -11.93M | -67.83M |
| Change in Accounts Payable | -1.83M | -35.18M | 26.98M | 2.37M | -28.21M | 19.18M |
| Change in Other Net Operating Assets | 2.31M | 14.47M | -7.42M | -4.77M | -3.40M | -6.39M |
| Operating Cash Flow | 68.07M | 20.52M | 23.89M | 64.04M | 5.09M | -28.43M |
| Capital Expenditures | -6.50M | -6.93M | -12.00M | -19.95M | -18.40M | -22.48M |
| Sale of Property, Plant & Equipment | 181.00K | 108.00K | 113.00K | 3.03M | ||
| Cash Acquisitions | -56.85M | |||||
| Sale (Purchase) of Intangibles | -463.00K | -506.00K | -448.00K | -460.00K | -506.00K | -563.00K |
| Investing Cash Flow | -6.79M | -7.33M | -12.33M | -17.38M | -18.90M | -79.90M |
| Short-Term Debt Issued | 59.00M | 63.00M | 115.90M | 179.00M | 118.00M | |
| Long-Term Debt Issued | 25.00M | 510.00M | ||||
| Total Debt Issued | 16.00M | 59.00M | 63.00M | 115.90M | 204.00M | 628.00M |
| Short-Term Debt Repaid | -64.00M | -86.40M | -171.21M | -145.43M | -67.86M | |
| Long-Term Debt Repaid | -793.00K | -771.00K | -764.00K | -630.00K | -580.30M | |
| Total Debt Repaid | -25.71M | -64.79M | -87.17M | -171.97M | -146.06M | -648.16M |
| Net Debt Issued (Repaid) | -9.71M | -5.79M | -24.17M | -56.07M | 57.94M | -20.16M |
| Issuance of Common Stock | 142.27M | |||||
| Repurchase of Common Stock | -1.28M | -1.85M | -2.21M | -41.00K | ||
| Other Financing Activities | -904.00K | -904.00K | -119.00K | -12.22M | -9.28M | -8.60M |
| Financing Cash Flow | -11.89M | -8.54M | -26.50M | -68.30M | 48.62M | 113.51M |
| Net Cash Flow | 49.39M | 4.64M | -14.94M | -21.63M | 34.81M | 5.18M |
| Free Cash Flow | 61.56M | 13.59M | 11.89M | 44.10M | -13.30M | -50.91M |
| Free Cash Flow Margin | 12.69% | 2.43% | 1.97% | 7.28% | -2.03% | -6.48% |
| Free Cash Flow Per Share | 22.68 | 5.10 | 4.67 | 17.82 | -5.56 | -22.65 |
| Levered Free Cash Flow | 83.91M | 34.32M | 30.01M | 96.15M | 29.68M | 2.26M |
| Unlevered Free Cash Flow | 101.25M | 51.89M | 48.97M | 113.68M | 45.15M | 16.39M |
| Cash Interest Paid | 31.55M | 33.22M | 38.51M | 40.06M | 25.14M | 23.44M |
| Cash Income Tax Paid | 1.95M | 3.40M | 2.00M | 3.10M | 2.84M | 1.65M |
| Change in Working Capital | 41.65M | -9.02M | -17.03M | 37.17M | 7.51M | -81.40M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 146.32M | 147.99M | 312.14M | 343.46M | 345.78M | 1.43B |
| Enterprise Value | 510.98M | 566.41M | 736.99M | 766.63M | 806.75M | 1.80B |
| Last Close Price | 52.93 | 54.00 | 119.50 | 136.50 | 141.00 | 608.00 |
| Forward PE | 15.43 | 15.74 | 276.09 | 35.90 | 24.04 | |
| PS Ratio | 0.31 | 0.26 | 0.52 | 0.57 | 0.53 | 1.82 |
| PB Ratio | 0.89 | 0.87 | 1.13 | 1.18 | 1.03 | 2.36 |
| P/FCF Ratio | 2.48 | 10.89 | 26.25 | 7.79 | ||
| P/OCF Ratio | 2.24 | 7.21 | 13.07 | 5.36 | 67.88 | |
| EV/Sales Ratio | 1.07 | 1.01 | 1.22 | 1.26 | 1.23 | 2.29 |
| EV/EBITDA Ratio | 9.23 | 10.10 | 13.81 | 105.64 | ||
| EV/EBIT Ratio | 169.01 | 291.96 | ||||
| EV/FCF Ratio | 8.40 | 41.69 | 61.97 | 17.39 | ||
| Debt / Equity Ratio | 2.54 | 2.49 | 1.57 | 1.57 | 1.48 | 0.69 |
| Debt / EBITDA Ratio | 6.52 | 6.54 | 6.98 | 30.87 | ||
| Debt / FCF Ratio | 6.89 | 31.32 | 36.51 | 10.40 | ||
| Net Debt / Equity Ratio | 2.18 | 2.37 | 1.48 | 1.47 | 1.36 | 0.67 |
| Net Debt / EBITDA Ratio | 6.51 | 7.22 | 7.68 | 59.09 | -9.53 | -41.00 |
| Net Debt / FCF Ratio | 5.92 | 29.80 | 34.47 | 9.72 | -34.22 | -7.93 |
| Asset Turnover | 0.68 | 0.74 | 0.71 | 0.67 | 0.62 | 0.72 |
| Inventory Turnover | 3.00 | 3.27 | 3.42 | 3.06 | 2.90 | 4.61 |
| Quick Ratio | 2.11 | 1.28 | 0.90 | 0.67 | 0.72 | 0.66 |
| Current Ratio | 3.49 | 2.68 | 1.99 | 1.61 | 2.43 | 1.60 |
| Return on Equity (ROE) | -51.03% | -51.50% | -11.98% | -26.96% | -81.23% | -16.98% |
| Return on Assets (ROA) | 0.27% | 0.16% | -0.22% | -3.49% | -6.14% | -3.31% |
| Return on Invested Capital (ROIC) | 0.56% | 0.31% | -0.42% | -6.69% | -11.59% | -6.00% |
| Return on Capital Employed (ROCE) | 0.50% | 0.30% | -0.40% | -7.00% | -12.50% | -5.70% |
| Earnings Yield | -79.78% | -77.83% | -10.90% | -24.57% | -110.52% | -6.42% |
| FCF Yield | 40.37% | 9.18% | 3.81% | 12.84% | -3.85% | -3.56% |
| Buyback Yield / Dilution | -4.40% | -4.44% | -3.00% | -3.36% | -6.52% | -3.36% |