Financial Snapshot

Revenue
$598.9M
TTM
Gross Margin
41.31%
TTM
Net Earnings
-$51.10M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
209.33%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$279.8M
Q3 2024
Cash
Q3 2024
P/E
-8.537
Nov 29, 2024 EST
Free Cash Flow
$21.55M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $605.9M $655.9M $785.5M $545.8M $363.3M
YoY Change -7.63% -16.5% 43.93% 50.22%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $605.9M $655.9M $785.5M $545.8M $363.3M
Cost Of Revenue $382.3M $427.1M $481.8M $310.4M $207.5M
Gross Profit $223.6M $228.8M $303.7M $235.4M $155.8M
Gross Profit Margin 36.9% 34.88% 38.66% 43.12% 42.88%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $238.5M $297.5M $323.7M $143.9M $112.2M
YoY Change -19.83% -8.1% 124.92% 28.25%
% of Gross Profit 106.7% 130.05% 106.59% 61.15% 72.04%
Research & Development $11.50M $10.80M $18.80M $6.800M $5.000M
YoY Change 6.48% -42.55% 176.47% 36.0%
% of Gross Profit 5.14% 4.72% 6.19% 2.89% 3.21%
Depreciation & Amortization $57.78M $13.82M $9.150M $7.762M $6.057M
YoY Change 318.07% 51.05% 17.88% 28.15%
% of Gross Profit 25.85% 6.04% 3.01% 3.3% 3.89%
Operating Expenses $274.1M $574.7M $361.9M $176.5M $145.3M
YoY Change -52.31% 58.8% 105.09% 21.43%
Operating Profit -$50.52M -$345.9M -$58.20M $58.90M $10.46M
YoY Change -85.4% 494.37% -198.82% 463.35%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$35.97M $27.89M $26.65M $34.07M $39.46M
YoY Change -229.0% 4.65% -21.8% -13.66%
% of Operating Profit 57.85% 377.45%
Other Income/Expense, Net $4.305M -$35.01M -$29.13M -$26.55M -$39.92M
YoY Change -112.3% 20.2% 9.73% -33.51%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$82.42M -$381.0M -$87.33M $32.35M -$29.47M
YoY Change -78.37% 336.21% -369.95% -209.78%
Income Tax $1.985M $1.186M $1.489M $749.0K $124.0K
% Of Pretax Income 2.32%
Net Earnings -$84.40M -$382.1M -$88.82M $31.60M -$29.59M
YoY Change -77.91% 330.24% -381.06% -206.79%
Net Earnings / Revenue -13.93% -58.26% -11.31% 5.79% -8.15%
Basic Earnings Per Share -$0.68 -$3.19 -$0.79 $0.29 -$0.27
Diluted Earnings Per Share -$0.68 -$3.19 -$0.79 $0.29 -$0.27

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $29.92M $39.06M $16.74M $11.56M $7.077M
YoY Change -23.39% 133.3% 44.86% 63.29%
Cash & Equivalents $29.92M $39.06M $16.74M $11.56M $7.077M
Short-Term Investments
Other Short-Term Assets $30.35M $39.66M $15.04M $13.78M $3.378M
YoY Change -23.49% 163.78% 9.15% 307.82%
Inventory $96.18M $153.5M $145.0M $68.84M $39.30M
Prepaid Expenses
Receivables $59.94M $42.05M $92.93M $64.84M $34.67M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $216.4M $274.2M $269.7M $159.0M $84.43M
YoY Change -21.1% 1.67% 69.64% 88.33%
Property, Plant & Equipment $90.78M $69.36M $55.48M $32.40M $21.78M
YoY Change 30.87% 25.03% 71.2% 48.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.329M $15.53M $3.608M $1.491M $383.0K
YoY Change -46.37% 330.43% 141.99% 289.3%
Total Long-Term Assets $644.4M $672.5M $911.3M $830.6M $840.4M
YoY Change -4.18% -26.21% 9.72% -1.17%
Total Assets $860.8M $946.7M $1.181B $989.6M $924.8M
YoY Change
Accounts Payable $33.28M $29.84M $42.69M $21.67M $17.39M
YoY Change 11.52% -30.1% 96.99% 24.62%
Accrued Expenses $56.55M $57.48M $43.89M $39.92M $20.61M
YoY Change -1.62% 30.97% 9.94% 93.7%
Deferred Revenue
YoY Change
Short-Term Debt $28.40M $11.71M $41.14M $0.00 $0.00
YoY Change 142.55% -71.54%
Long-Term Debt Due $250.0K $250.0K $420.0K $3.703M $3.730M
YoY Change 0.0% -40.48% -88.66% -0.72%
Total Short-Term Liabilities $134.0M $112.9M $166.2M $80.07M $49.16M
YoY Change 18.66% -32.08% 107.59% 62.87%
Long-Term Debt $397.3M $468.1M $380.1M $434.1M $444.5M
YoY Change -15.13% 23.16% -12.45% -2.33%
Other Long-Term Liabilities $29.90M $20.46M $13.53M $327.0K $311.0K
YoY Change 46.14% 51.18% 4038.84% 5.14%
Total Long-Term Liabilities $427.2M $488.6M $393.6M $434.5M $444.8M
YoY Change -12.56% 24.13% -9.41% -2.32%
Total Liabilities $569.4M $611.8M $571.5M $514.5M $494.0M
YoY Change -6.94% 7.06% 11.07% 4.17%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 123.7M shares 119.7M shares 112.4M shares 108.7M shares 108.7M shares
Diluted Shares Outstanding 123.7M shares 119.7M shares 112.4M shares 108.7M shares 108.7M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $436.21 Million

About Traeger, Inc.

Traeger, Inc. designs, sells, and supports wood pellet fueled barbeque grills. The company is headquartered in Salt Lake City, Utah and currently employs 640 full-time employees. The company went IPO on 2021-07-29. The firm's integrated platform has six types of products: wood pellet grills, gas griddles, grilling accessories, digital content, the Traeger app and consumables. The company produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, and sauces, as well as grill accessories (including P.A.L. Pop-And-Lock accessory rails, grill covers, liners, tools, MEATER smart thermometers, apparel and other ancillary items). Its flagship wood pellet grills are Internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. The company offers live-streaming cooking classes to consumers through its Traeger Kitchen Live series. The company offers Shop Class: Private Table, which is a series of shop classes. The company produces a library of digital content, including instructional recipes and videos.

Industry: Household Appliances Peers: Aterian, Inc. Cricut, Inc. Hamilton Beach Brands Holding Co IROBOT CORP Weber Inc. WHIRLPOOL CORP /DE/