Tile Shop Holdings, Inc. - Understand $ttsh stock

$TTSH Market Cap: $291.2 Million

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Financial Snapshot

Revenue

$352.1M

TTM

Gross Margin

65.76%

TTM

Net Earnings

$3.585M

TTM

Current Assets

$123.2M

Q3 2024

Current Liabilities

$81.10M

Q3 2024

Current Ratio

151.86%

Q3 2024

Total Assets

$320.7M

Q3 2024

Total Liabilities

$197.5M

Q3 2024

Book Value

$123.2M

Q3 2024

Cash

$25.06M

Q3 2024

P/E

81.22

Nov 29, 2024 EST

Free Cash Flow

$18.37M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$377.1M	$394.7M	$370.7M	$325.1M	$340.4M	$357.3M	$344.6M	$324.2M	$293.0M	$257.2M	$229.6M	$182.7M	$152.7M	$135.3M
YoY Change	-4.45%	6.47%	14.04%	-4.49%	-4.73%	3.67%	6.31%	10.64%	13.92%	12.03%	25.69%	19.6%	12.84%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$377.1M	$394.7M	$370.7M	$325.1M	$340.4M	$357.3M	$344.6M	$324.2M	$293.0M	$257.2M	$229.6M	$182.7M	$152.7M	$135.3M
Cost Of Revenue	$134.1M	$135.8M	$117.6M	$103.5M	$104.2M	$105.9M	$108.4M	$97.26M	$89.38M	$78.30M	$68.76M	$49.63M	$40.32M	$36.12M
Gross Profit	$243.1M	$258.9M	$253.1M	$221.5M	$236.1M	$251.3M	$236.2M	$226.9M	$203.6M	$178.9M	$160.8M	$133.0M	$112.4M	$99.22M
Gross Profit Margin	64.45%	65.6%	68.28%	68.15%	69.38%	70.35%	68.55%	70.0%	69.49%	69.56%	70.05%	72.83%	73.6%	73.31%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$226.9M	$236.3M	$232.5M	$215.1M	$237.5M	$233.2M	$210.4M	$194.0M	$174.4M	$157.3M	$127.7M	$94.72M	$78.37M	$68.11M
YoY Change	-3.99%	1.64%	8.07%	-9.4%	1.83%	10.85%	8.45%	11.24%	10.85%	23.16%	34.86%	20.86%	15.07%
% of Gross Profit	93.35%	91.27%	91.86%	97.12%	100.57%	92.78%	89.06%	85.49%	85.65%	87.94%	79.43%	71.2%	69.72%	68.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$21.23M	$25.14M	$27.38M	$31.34M	$33.55M	$28.40M	$26.24M	$23.04M	$22.24M	$19.93M	$14.32M	$10.53M	$8.650M	$7.240M
YoY Change	-15.56%	-8.17%	-12.63%	-6.59%	18.14%	8.22%	13.87%	3.62%	11.6%	39.14%	35.99%	21.73%	19.48%
% of Gross Profit	8.73%	9.71%	10.82%	14.15%	14.21%	11.3%	11.11%	10.16%	10.92%	11.14%	8.9%	7.92%	7.7%	7.3%
Operating Expenses	$226.9M	$236.3M	$232.5M	$215.1M	$237.5M	$233.2M	$210.4M	$194.0M	$174.4M	$157.3M	$127.7M	$94.72M	$78.37M	$68.11M
YoY Change	-3.99%	1.64%	8.07%	-9.4%	1.83%	10.85%	8.45%	11.24%	10.85%	23.16%	34.86%	20.86%	15.07%
Operating Profit	$16.16M	$22.61M	$20.61M	$6.376M	-$1.357M	$18.14M	$25.85M	$32.91M	$29.23M	$21.58M	$33.08M	$34.41M	$32.61M	$30.66M
YoY Change	-28.53%	9.7%	223.24%	-569.86%	-107.48%	-29.82%	-21.47%	12.62%	35.46%	-34.77%	-3.87%	5.51%	6.37%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$2.164M	$1.579M	$656.0K	$1.874M	$3.792M	$2.690M	$1.857M	$1.715M	$2.584M	$3.141M	$2.581M	-$1.252M	-$443.0K	-$467.0K
YoY Change	37.05%	140.7%	-64.99%	-50.58%	40.97%	44.86%	8.28%	-33.63%	-17.73%	21.7%	-306.15%	182.62%	-5.14%
% of Operating Profit	13.39%	6.98%	3.18%	29.39%		14.83%	7.18%	5.21%	8.84%	14.56%	7.8%	-3.64%	-1.36%	-1.52%
Other Income/Expense, Net			$0.00	$0.00	$12.00K	$152.0K	$170.0K	$141.0K	$130.0K	-$506.0K	$4.000K	$15.00K	-$77.00K	$124.0K
YoY Change				-100.0%	-92.11%	-10.59%	20.57%	8.46%	-125.69%	-12750.0%	-73.33%	-119.48%	-162.1%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$13.99M	$21.03M	$19.95M	$4.502M	-$5.137M	$15.60M	$24.16M	$31.34M	$26.77M	$17.93M	-$23.72M	-$48.89M	$32.09M	$30.32M
YoY Change	-33.46%	5.39%	343.23%	-187.64%	-132.93%	-35.43%	-22.91%	17.06%	49.32%	-175.59%	-51.49%	-252.34%	5.85%
Income Tax	$3.923M	$5.327M	$5.180M	-$1.529M	-$674.0K	$5.158M	$13.34M	$12.88M	$11.08M	$7.382M	$11.94M	-$2.002M	$733.0K	$609.0K
% Of Pretax Income	28.03%	25.33%	25.96%	-33.96%		33.06%	55.22%	41.09%	41.37%	41.17%			2.28%	2.01%
Net Earnings	$10.07M	$15.70M	$14.77M	$6.031M	-$4.463M	$10.44M	$10.82M	$18.46M	$15.70M	$10.55M	-$35.66M	-$46.89M	$31.36M	$29.71M
YoY Change	-35.87%	6.29%	144.97%	-235.13%	-142.74%	-3.48%	-41.4%	17.63%	48.82%	-129.58%	-23.94%	-249.51%	5.56%
Net Earnings / Revenue	2.67%	3.98%	3.99%	1.86%	-1.31%	2.92%	3.14%	5.7%	5.36%	4.1%	-15.53%	-25.67%	20.53%	21.95%
Basic Earnings Per Share	$0.23	$0.32	$0.29	$0.12	-$0.09	$0.20	$0.21	$0.36	$0.31	$0.21	-$0.72
Diluted Earnings Per Share	$0.23	$0.32	$0.29	$0.12	-$0.09	$0.20	$0.21	$0.36	$0.31	$0.21	-$0.72	-$1.310M	$972.1K	$919.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$8.620M	$5.948M	$9.358M	$9.617M	$9.104M	$5.557M	$6.621M	$6.067M	$10.33M	$5.759M	$1.800M	$3.000M	$6.300M	$900.0K
YoY Change	44.92%	-36.44%	-2.69%	5.63%	63.83%	-16.07%	9.13%	-41.27%	79.37%	219.94%	-40.0%	-52.38%	600.0%
Cash & Equivalents	$8.620M	$5.948M	$9.358M	$9.617M	$9.104M	$5.557M	$6.621M	$6.067M	$10.33M	$5.759M	$1.800M	$3.000M	$6.300M
Short-Term Investments
Other Short-Term Assets	$9.248M	$12.23M	$10.42M	$9.650M	$8.995M	$8.006M	$5.572M	$11.75M	$4.344M	$3.010M	$11.50M	$18.40M	$4.200M	$200.0K
YoY Change	-24.4%	17.35%	8.02%	7.28%	12.35%	43.68%	-52.6%	170.6%	44.32%	-73.83%	-37.5%	338.1%	2000.0%
Inventory	$93.68M	$121.0M	$97.18M	$74.30M	$97.62M	$110.1M	$85.26M	$74.30M	$69.88M	$68.86M	$67.80M	$46.90M	$43.70M
Prepaid Expenses
Receivables	$2.882M	$3.411M	$3.202M	$2.975M	$3.370M	$3.084M	$2.381M	$2.414M	$1.966M	$1.712M	$1.200M	$1.000M	$700.0K
Other Receivables	$129.0K	$3.859M	$6.923M	$8.116M	$3.090M	$3.548M	$5.726M	$1.670M	$735.0K	$4.937M	$9.500M	$2.500M	$1.200M
Total Short-Term Assets	$114.6M	$146.4M	$127.1M	$104.7M	$122.2M	$130.3M	$105.6M	$96.20M	$87.25M	$84.62M	$91.70M	$71.80M	$56.20M	$1.100M
YoY Change	-21.75%	15.2%	21.43%	-14.34%	-6.23%	23.43%	9.73%	10.26%	3.11%	-7.72%	27.72%	27.76%	5009.09%
Property, Plant & Equipment	$193.4M	$189.6M	$205.4M	$231.4M	$268.2M	$158.4M	$151.4M	$141.0M	$135.1M	$139.3M	$123.3M	$82.10M	$62.10M
YoY Change	2.01%	-7.69%	-11.25%	-13.72%	69.36%	4.59%	7.35%	4.38%	-3.0%	12.97%	50.18%	32.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments														$125.0M
YoY Change
Other Assets	$8.705M	$9.823M	$8.290M	$6.627M	$9.437M	$8.984M	$13.76M	$28.04M	$22.64M	$28.28M	$26.60M	$22.20M	$700.0K
YoY Change	-11.38%	18.49%	25.09%	-29.78%	5.04%	-34.71%	-50.91%	23.83%	-19.94%	6.3%	19.82%	3071.43%
Total Long-Term Assets	$202.1M	$199.4M	$213.7M	$238.0M	$277.6M	$167.3M	$165.2M	$169.1M	$157.8M	$167.6M	$149.9M	$104.3M	$62.80M	$124.9M
YoY Change	1.35%	-6.67%	-10.23%	-14.26%	65.91%	1.32%	-2.31%	7.17%	-5.86%	11.79%	43.72%	66.08%	-49.72%
Total Assets	$316.7M	$345.8M	$340.8M	$342.7M	$399.8M	$297.6M	$270.7M	$265.3M	$245.0M	$252.2M	$241.6M	$176.1M	$119.0M	$126.0M
YoY Change
Accounts Payable	$23.35M	$23.51M	$30.88M	$15.38M	$18.18M	$25.85M	$30.77M	$20.32M	$14.58M	$13.76M	$22.90M	$15.00M	$7.800M	$200.0K
YoY Change	-0.68%	-23.89%	100.78%	-15.4%	-29.68%	-15.98%	51.42%	39.34%	6.0%	-39.92%	52.67%	92.31%	3800.0%
Accrued Expenses	$34.92M	$36.19M	$40.82M	$38.74M	$33.82M	$6.618M	$5.344M	$17.15M	$7.379M	$5.809M	$5.100M	$10.90M	$3.400M	$0.00
YoY Change	-3.52%	-11.34%	5.36%	14.55%	411.05%	23.84%	-68.85%	132.46%	27.03%	13.9%	-53.21%	220.59%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due				$0.00	$162.0K	$140.0K	$8.954M	$6.386M	$4.744M	$3.850M	$3.900M	$4.100M	$800.0K
YoY Change				-100.0%	15.71%	-98.44%	40.21%	34.61%	23.22%	-1.28%	-4.88%	412.5%
Total Short-Term Liabilities	$78.75M	$83.29M	$97.71M	$76.80M	$69.85M	$50.52M	$62.03M	$60.19M	$39.76M	$32.15M	$40.00M	$35.90M	$21.30M	$300.0K
YoY Change	-5.46%	-14.76%	27.22%	9.96%	38.27%	-18.57%	3.07%	51.39%	23.65%	-19.62%	11.42%	68.54%	7000.0%
Long-Term Debt	$0.00	$45.40M	$5.000M	$0.00	$63.27M	$53.44M	$18.76M	$22.82M	$51.98M	$89.42M	$92.80M	$70.70M	$4.100M	$0.00
YoY Change	-100.0%	808.0%		-100.0%	18.41%	184.87%	-17.81%	-56.09%	-41.87%	-3.65%	31.26%	1624.39%
Other Long-Term Liabilities	$118.2M	$108.4M	$115.8M	$126.8M	$135.8M	$47.33M	$46.06M	$43.36M	$38.08M	$36.93M	$30.40M	$114.2M	$18.40M	$4.400M
YoY Change	9.12%	-6.44%	-8.68%	-6.6%	186.9%	2.76%	6.22%	13.89%	3.11%	21.47%	-73.38%	520.65%	318.18%
Total Long-Term Liabilities	$118.2M	$153.8M	$120.8M	$126.8M	$199.1M	$100.8M	$64.82M	$66.19M	$90.05M	$126.3M	$123.2M	$184.9M	$22.50M	$4.400M
YoY Change	-23.1%	27.26%	-4.73%	-36.29%	97.55%	55.46%	-2.07%	-26.5%	-28.73%	2.55%	-33.37%	721.78%	411.36%
Total Liabilities	$197.0M	$237.1M	$218.5M	$203.6M	$268.9M	$151.3M	$126.9M	$126.4M	$129.8M	$158.5M	$163.1M	$220.8M	$43.90M	$4.600M
YoY Change	-16.9%	8.47%	7.32%	-24.28%	77.76%	19.26%	0.38%	-2.64%	-18.1%	-2.82%	-26.13%	402.96%	854.35%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	43.42M	48.86M	50.39M	49.96M	50.62M	51.91M	51.70M	51.42M	51.16M	51.02M	49.60M
Diluted Shares Outstanding	43.62M	49.25M	51.09M	50.58M	50.62M	52.09M	51.93M	51.88M	51.30M	51.03M	49.60M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $291.17 Million

About TILE SHOP HOLDINGS, INC.

Tile Shop Holdings, Inc. operates as a holding company. The company is headquartered in Plymouth, Minnesota and currently employs 1,136 full-time employees. The company went IPO on 2012-08-22. The firm offers an assortment of natural stone and man-made tile products. Its natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. The firm's man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The Company’s assortment of accessories, including mosaics, pencils, listellos, and other products. The company also offers a range of setting and maintenance materials, such as thinset, grout, sealers, and accessories, including installation tools, shower and bath shelves, drains, and similar products. The firm also offers customers delivery service through third-party freight providers. The firm sells its products under brand names, including Superior Adhesives & Chemicals, Superior Tools & Supplies, Rush River, and Fired Earth.

Industry: Retail-Home Furniture, Furnishings & Equipment Stores Peers: GrowGeneration Corp. Floor & Decor Holdings, Inc. HOME DEPOT, INC. LL Flooring Holdings, Inc. LOWES COMPANIES INC