NYSE : TG
Tredegar Corporation — Financial statements
Industrials · Metal Fabrication · United States
Last price 7.5 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 256.99M
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Financial statements
Tredegar Corporation (TG) reported revenue of 781.75M 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 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 781.74M | 722.86M | 598.02M | 573.32M | 761.99M | 826.46M |
| Other Revenue | 9.00K | -98.00K | 348.00K | -2.15M | 1.06M | |
| Revenue | 781.75M | 722.77M | 598.37M | 571.17M | 763.04M | 826.46M |
| Cost of Revenue | 667.81M | 613.15M | 501.97M | 502.20M | 657.09M | 677.92M |
| Gross Profit | 113.94M | 109.61M | 96.40M | 68.98M | 105.95M | 148.53M |
| Selling, General & Admin | 70.67M | 70.79M | 73.19M | 76.23M | 84.18M | 89.12M |
| Research & Development | 700.00K | 702.00K | 711.00K | 2.89M | 5.32M | 6.35M |
| Amortization of Goodwill & Intangibles | 1.76M | 1.76M | 1.78M | 1.76M | 2.12M | 1.70M |
| Operating Expenses | 73.13M | 73.25M | 75.68M | 80.88M | 91.63M | 97.17M |
| Operating Income | 40.81M | 36.37M | 20.73M | -11.91M | 14.33M | 51.36M |
| Interest Expense | -2.03M | -4.00M | -4.66M | -6.32M | -4.14M | -3.39M |
| Interest & Investment Income | 300.00K | |||||
| Other Non Operating Income (Expenses) | 100.00K | -1.30M | -377.00K | |||
| EBT Excluding Unusual Items | 38.88M | 32.36M | 14.76M | -18.22M | 10.19M | 47.90M |
| Merger & Restructuring Charges | -843.00K | -843.00K | -613.00K | -5.06M | -622.00K | -1.13M |
| Impairment of Goodwill | -13.27M | -34.89M | ||||
| Gain (Loss) on Sale of Investments | 12.48M | |||||
| Gain (Loss) on Sale of Assets | -3.00K | 1.50M | ||||
| Asset Writedown | -10.00K | -12.00K | ||||
| Legal Settlements | 100.00K | 8.49M | ||||
| Other Unusual Items | 2.37M | -2.33M | -92.29M | -624.00K | ||
| Pretax Income | 40.49M | 30.67M | 880.00K | -150.47M | 9.56M | 67.11M |
| Income Tax Expense | 7.79M | 6.58M | -165.00K | -51.30M | -3.02M | 9.28M |
| Earnings From Continuing Operations | 32.70M | 24.09M | 1.04M | -99.17M | 12.59M | 57.83M |
| Earnings From Discontinued Operations | 620.00K | 9.39M | -65.61M | -6.74M | 15.87M | |
| Net Income | 33.32M | 33.48M | -64.56M | -105.91M | 28.45M | 57.83M |
| Net Income to Common | 33.32M | 33.48M | -64.56M | -105.91M | 28.45M | 57.83M |
| Shares Outstanding (Basic) | 34.77M | 34.74M | 34.35M | 34.13M | 33.81M | 33.56M |
| Shares Outstanding (Diluted) | 34.77M | 34.74M | 34.35M | 34.13M | 33.83M | 33.67M |
| EPS (Basic) | 0.96 | 0.96 | -1.88 | -3.10 | 0.84 | 1.72 |
| EPS (Diluted) | 0.96 | 0.96 | -1.88 | -3.11 | 0.84 | 1.72 |
| Free Cash Flow | 22.64M | 15.74M | 11.16M | -2.45M | -57.72M | 43.22M |
| Free Cash Flow Per Share | 0.65 | 0.45 | 0.33 | -0.07 | -1.71 | 1.28 |
| Dividend Per Share | 0.26 | 0.50 | 0.48 | |||
| Gross Margin | 14.57% | 15.17% | 16.11% | 12.08% | 13.89% | 17.97% |
| Operating Margin | 5.22% | 5.03% | 3.46% | -2.08% | 1.88% | 6.21% |
| Profit Margin | 4.26% | 4.63% | -10.79% | -18.54% | 3.73% | 7.00% |
| Free Cash Flow Margin | 2.90% | 2.18% | 1.86% | -0.43% | -7.56% | 5.23% |
| EBITDA | 62.38M | 58.09M | 46.27M | 15.78M | 40.73M | 75.14M |
| EBITDA Margin | 7.98% | 8.04% | 7.73% | 2.76% | 5.34% | 9.09% |
| D&A For EBITDA | 21.57M | 21.73M | 25.54M | 27.68M | 26.40M | 23.78M |
| EBIT | 40.81M | 36.37M | 20.73M | -11.91M | 14.33M | 51.36M |
| EBIT Margin | 5.22% | 5.03% | 3.46% | -2.08% | 1.88% | 6.21% |
| Effective Tax Rate | 19.23% | 21.47% | 13.83% | |||
| Revenue as Reported | 781.84M | 724.26M | 597.07M | 571.17M | 763.04M | 846.72M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 17.18M | 6.73M | 7.06M | 9.66M | 19.23M | 30.52M |
| Cash & Short-Term Investments | 17.18M | 6.73M | 7.06M | 9.66M | 19.23M | 30.52M |
| Accounts Receivable | 93.81M | 79.72M | 63.87M | 54.41M | 80.67M | 100.35M |
| Other Receivables | 3.64M | 2.14M | 952.00K | 2.38M | 4.61M | 5.52M |
| Receivables | 97.45M | 81.86M | 64.82M | 56.80M | 85.28M | 105.87M |
| Inventory | 88.08M | 64.96M | 51.38M | 49.65M | 127.77M | 88.57M |
| Prepaid Expenses | 5.97M | 14.13M | 16.39M | 8.82M | 9.47M | 9.19M |
| Restricted Cash | 3.39M | |||||
| Other Current Assets | 1.30M | 1.39M | 172.00K | 48.36M | 829.00K | 2.26M |
| Total Current Assets | 209.99M | 169.07M | 139.83M | 176.68M | 242.58M | 236.41M |
| Property, Plant & Equipment | 149.53M | 145.74M | 151.67M | 162.26M | 200.43M | 184.23M |
| Goodwill | 22.45M | 22.45M | 22.45M | 35.72M | 70.61M | 70.61M |
| Other Intangible Assets | 4.69M | 5.57M | 7.33M | 9.11M | 11.69M | 14.15M |
| Long-Term Deferred Tax Assets | 24.50M | 26.28M | 32.52M | 23.16M | 13.90M | 15.72M |
| Other Long-Term Assets | 1.77M | 2.27M | 2.57M | 39.55M | 2.88M | 2.46M |
| Total Assets | 412.93M | 371.37M | 356.36M | 446.46M | 542.09M | 523.58M |
| Accounts Payable | 94.45M | 75.75M | 64.70M | 69.33M | 114.94M | 123.76M |
| Accrued Expenses | 23.29M | 23.89M | 22.09M | 18.12M | 28.34M | 31.85M |
| Short-Term Debt | 498.00K | 1.32M | ||||
| Current Portion of Long-Term Debt | 126.32M | |||||
| Current Portion of Leases | 2.58M | 2.26M | 2.45M | 1.90M | 2.04M | 2.16M |
| Current Income Taxes Payable | 232.00K | 455.00K | 320.00K | 183.00K | 1.14M | 9.33M |
| Current Unearned Revenue | 1.51M | |||||
| Other Current Liabilities | 567.00K | 4.00K | 821.00K | 33.24M | 3.26M | 1.45M |
| Total Current Liabilities | 121.13M | 104.38M | 91.71M | 249.10M | 149.71M | 168.55M |
| Long-Term Debt | 46.00M | 34.55M | 60.60M | 137.00M | 73.00M | |
| Long-Term Leases | 12.10M | 10.96M | 12.99M | 10.40M | 12.74M | 12.83M |
| Pension & Post-Retirement Benefits | 1.28M | 1.20M | 5.91M | 6.64M | 35.05M | 78.27M |
| Long-Term Deferred Tax Liabilities | 69.00K | |||||
| Other Long-Term Liabilities | 3.85M | 3.73M | 4.11M | 24.66M | 5.83M | 6.22M |
| Total Liabilities | 184.36M | 154.82M | 175.39M | 290.81M | 340.33M | 338.86M |
| Common Stock | 65.75M | 65.48M | 63.59M | 61.61M | 58.82M | 55.17M |
| Retained Earnings | 158.57M | 146.89M | 113.41M | 177.98M | 292.72M | 281.19M |
| Comprehensive Income & Other | 4.25M | 4.19M | 3.97M | -83.93M | -149.78M | -151.64M |
| Shareholders' Equity | 228.57M | 216.55M | 180.97M | 155.65M | 201.76M | 184.72M |
| Total Liabilities & Equity | 412.93M | 371.37M | 356.36M | 446.46M | 542.09M | 523.58M |
| Total Debt | 60.69M | 48.27M | 77.37M | 138.62M | 151.77M | 87.99M |
| Net Cash (Debt) | -43.51M | -41.54M | -70.31M | -128.96M | -132.54M | -57.47M |
| Net Cash Per Share | -1.25 | -1.20 | -2.05 | -3.78 | -3.92 | -1.71 |
| Filing Date Shares Outstanding | 34.27M | 34.08M | 33.90M | 33.69M | 33.54M | 33.41M |
| Total Common Shares Outstanding | 34.25M | 34.06M | 33.89M | 33.67M | 33.53M | 33.40M |
| Working Capital | 88.86M | 64.69M | 48.12M | -72.43M | 92.87M | 67.86M |
| Book Value Per Share | 6.67 | 6.36 | 5.34 | 4.62 | 6.02 | 5.53 |
| Tangible Book Value | 201.43M | 188.54M | 151.20M | 110.83M | 119.46M | 99.96M |
| Tangible Book Value Per Share | 5.88 | 5.54 | 4.46 | 3.29 | 3.56 | 2.99 |
| Land | 4.29M | 4.74M | 4.74M | 4.83M | 4.54M | |
| Buildings | 68.18M | 67.87M | 65.47M | 71.13M | 69.41M | |
| Machinery | 436.95M | 426.81M | 426.10M | 455.96M | 424.37M | |
| Order Backlog | 70.40M | 55.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 33.32M | 33.48M | -64.56M | -105.91M | 28.45M | 57.83M |
| Depreciation & Amortization | 21.57M | 21.73M | 25.54M | 27.68M | 26.40M | 23.78M |
| Loss (Gain) From Sale of Assets | -9.66M | -11.15M | 74.88M | |||
| Asset Writedown & Restructuring Costs | 843.00K | 843.00K | 13.27M | 38.34M | ||
| Loss (Gain) From Sale of Investments | -144.00K | -262.00K | -1.41M | -12.46M | ||
| Stock-Based Compensation | 1.15M | 1.81M | 2.50M | 1.98M | 3.62M | 5.17M |
| Other Operating Activities | 2.92M | 3.53M | -4.49M | 23.82M | -32.55M | 5.92M |
| Change in Accounts Receivable | -18.61M | -16.99M | -14.79M | 17.40M | 18.57M | -16.99M |
| Change in Inventory | -21.40M | -13.56M | -6.91M | 47.61M | -37.77M | -23.13M |
| Change in Accounts Payable | 25.79M | 13.57M | 10.01M | -25.16M | -14.92M | 19.84M |
| Change in Income Taxes | 262.00K | 89.00K | 137.00K | -406.00K | -6.42M | 8.96M |
| Change in Other Net Operating Assets | -1.77M | -354.00K | -9.92M | -1.09M | -4.83M | 1.68M |
| Operating Cash Flow | 43.51M | 32.98M | 25.51M | 24.00M | -20.84M | 70.58M |
| Capital Expenditures | -20.87M | -17.24M | -14.35M | -26.45M | -36.88M | -27.36M |
| Sale of Property, Plant & Equipment | 1.90M | 83.00K | 10.00K | 4.75M | ||
| Divestitures | 9.84M | 9.84M | 54.63M | |||
| Investment in Securities | 144.00K | 262.00K | 1.41M | 47.06M | ||
| Other Investing Activities | -9.27M | |||||
| Investing Cash Flow | -20.30M | -5.50M | 40.51M | -26.18M | -35.46M | 24.45M |
| Long-Term Debt Issued | 123.39M | 615.20M | 116.13M | 313.50M | 75.50M | |
| Long-Term Debt Repaid | -150.27M | -679.59M | -107.71M | -249.50M | -136.50M | |
| Net Debt Issued (Repaid) | -16.65M | -26.88M | -64.39M | 8.42M | 64.00M | -61.00M |
| Common Dividends Paid | -8.88M | -16.97M | -16.17M | |||
| Other Financing Activities | -1.27M | -587.00K | -4.02M | -1.64M | 325.00K | |
| Financing Cash Flow | -16.65M | -28.16M | -64.98M | -4.48M | 45.38M | -76.84M |
| Foreign Exchange Rate Adjustments | 830.00K | 347.00K | -7.44M | 896.00K | -371.00K | 484.00K |
| Net Cash Flow | 7.38M | -333.00K | -6.39M | -5.78M | -11.29M | 18.68M |
| Free Cash Flow | 22.64M | 15.74M | 11.16M | -2.45M | -57.72M | 43.22M |
| Free Cash Flow Margin | 2.90% | 2.18% | 1.86% | -0.43% | -7.56% | 5.23% |
| Free Cash Flow Per Share | 0.65 | 0.45 | 0.33 | -0.07 | -1.71 | 1.28 |
| Levered Free Cash Flow | 15.96M | 10.63M | 25.03M | 21.36M | -36.66M | 29.99M |
| Unlevered Free Cash Flow | 17.23M | 13.13M | 27.95M | 25.31M | -34.07M | 32.11M |
| Cash Interest Paid | 3.90M | 3.90M | 13.52M | 10.50M | 4.42M | 2.92M |
| Cash Income Tax Paid | 3.36M | 3.36M | 12.23M | 2.28M | 10.81M | 4.71M |
| Change in Working Capital | -15.73M | -17.25M | -21.47M | 38.34M | -45.37M | -9.66M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 261.45M | 245.11M | 258.24M | 183.58M | 344.05M | 396.06M |
| Enterprise Value | 304.95M | 295.14M | 415.66M | 303.28M | 463.97M | 508.27M |
| Last Close Price | 7.50 | 7.18 | 7.68 | 5.41 | 9.87 | 10.91 |
| PE Ratio | 7.97 | 7.32 | 12.09 | 6.85 | ||
| Forward PE | 18.61 | 18.61 | 18.61 | 18.61 | 18.61 | |
| PS Ratio | 0.33 | 0.34 | 0.43 | 0.32 | 0.45 | 0.48 |
| PB Ratio | 1.12 | 1.13 | 1.43 | 1.18 | 1.71 | 2.14 |
| P/TBV Ratio | 1.28 | 1.30 | 1.71 | 1.66 | 2.88 | 3.96 |
| P/FCF Ratio | 11.35 | 15.58 | 23.14 | 9.16 | ||
| P/OCF Ratio | 5.91 | 7.43 | 10.12 | 7.65 | 5.61 | |
| PEG Ratio | 9.55 | 9.55 | 9.55 | 9.55 | 9.55 | |
| EV/Sales Ratio | 0.38 | 0.41 | 0.69 | 0.53 | 0.61 | 0.61 |
| EV/EBITDA Ratio | 4.82 | 5.08 | 8.98 | 19.22 | 11.39 | 6.76 |
| EV/EBIT Ratio | 7.36 | 8.12 | 20.05 | 32.38 | 9.90 | |
| EV/FCF Ratio | 13.27 | 18.76 | 37.24 | 11.76 | ||
| Debt / Equity Ratio | 0.27 | 0.22 | 0.43 | 0.89 | 0.75 | 0.48 |
| Debt / EBITDA Ratio | 0.94 | 0.79 | 1.53 | 7.47 | 3.49 | 1.13 |
| Debt / FCF Ratio | 2.68 | 3.07 | 6.93 | 2.04 | ||
| Net Debt / Equity Ratio | 0.19 | 0.19 | 0.39 | 0.83 | 0.66 | 0.31 |
| Net Debt / EBITDA Ratio | 0.70 | 0.71 | 1.52 | 8.18 | 3.25 | 0.77 |
| Net Debt / FCF Ratio | 1.92 | 2.64 | 6.30 | -52.62 | -2.30 | 1.33 |
| Asset Turnover | 1.99 | 1.99 | 1.49 | 1.16 | 1.43 | 1.59 |
| Inventory Turnover | 8.63 | 10.54 | 9.94 | 5.66 | 6.08 | 8.75 |
| Quick Ratio | 0.95 | 0.85 | 0.78 | 0.27 | 0.70 | 0.81 |
| Current Ratio | 1.73 | 1.62 | 1.52 | 0.71 | 1.62 | 1.40 |
| Return on Equity (ROE) | 15.47% | 12.12% | 0.62% | -55.49% | 6.51% | 39.37% |
| Return on Assets (ROA) | 6.50% | 6.25% | 3.23% | -1.51% | 1.68% | 6.18% |
| Return on Invested Capital (ROIC) | 12.23% | 11.21% | 7.74% | -3.85% | 4.97% | 18.05% |
| Return on Capital Employed (ROCE) | 14.00% | 13.60% | 7.80% | -6.00% | 3.70% | 14.50% |
| Earnings Yield | 12.55% | 13.66% | -25.00% | -57.69% | 8.27% | 14.60% |
| FCF Yield | 8.81% | 6.42% | 4.32% | -1.33% | -16.78% | 10.91% |
| Dividend Yield | 4.77% | 4.87% | 4.05% | |||
| Payout Ratio | 59.65% | 27.96% | ||||
| Buyback Yield / Dilution | -0.74% | -1.13% | -0.62% | -0.91% | -0.46% | -0.80% |
| Total Shareholder Return | -0.74% | -1.13% | -0.62% | 3.86% | 4.41% | 3.25% |