Traeger Inc

Traeger Inc

COOK · NYSE · Consumer Cyclical / Furnishings, Fixtures & Appliances

58.23USD+0.59 (+1.02%)

Price History

Full chart

Market Stats

Previous Close57.64
Open58.45
Day Range55.94 – 58.67
52-Week Range20.91 – 86.59
Volume20.97K
Market Cap130.76M
P/E (TTM)0.00
Forward P/E32.79
EPS-41.17
Dividend Yield0.00%
Beta1.93
50-Day Avg57.59
200-Day Avg51.15

About

Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills and flatrock flat top grills for retailers, distributors, and direct to consumers in the United States and internationally. The company's wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. It also produces a library of digital content, including instructional recipes and videos that demonstrate tips, tricks, and cooking techniques that empower Traeger owners to progress their cooking skills; and short- and long-form branded content highlighting stories, community members, and lifestyle content from the Traegerhood. In addition, the company provides wood pellets that are used to fire the grills; rubs, spices, and sauces; accessories, such as pop-and-lock accessory rail covers, drip trays, bucket liners, storage bins, and shelves; tools to aid in meal prep, cooking, and cleanup, including pellet storage systems, cleaning solutions, barbecue tools, and MEATER smart thermometer; replacement parts; and apparel and merchandise, including t-shirts, hooded sweatshirts, and baseball hats. Traeger, Inc. was founded in 1987 and is headquartered in Salt Lake City, Utah.

Company Details

  • SectorConsumer Cyclical
  • IndustryFurnishings, Fixtures & Appliances
  • CEOMr. Jeremy Andrus
  • Employees433
  • Headquarters533 South 400 West, Salt Lake City, UT, United States, 84101, USA
  • Websitehttps://www.traeger.com

Leadership

  • Mr. Jeremy AndrusChairman of the Board & CEO · b. 1972
  • Mr. Michael J. HordChief Financial Officer · b. 1980
  • Ms. Stephanie C. ReadVice President of Investor Relations · b. 1977
  • Mr. Courtland AstillGeneral Counsel
  • Mr. Cole Vanden AkkerChief Sales Officer · b. 1983

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue363.32M545.77M785.54M655.90M605.88M604.07M559.52M
Growth (%)-+50.22%+43.93%-16.50%-7.63%-0.30%-7.38%
Cost of Revenue207.54M310.96M484.78M427.13M382.32M348.60M381.23M
Gross Profit155.78M234.81M300.76M228.77M223.56M255.47M178.29M
Gross Margin42.88%43.02%38.29%34.88%36.90%42.29%31.86%
Operating Expense145.32M176.47M361.91M574.71M279.00M258.41M179.45M
Operating Income10.46M58.35M-61.15M-345.94M-55.45M-2.94M-1.16M
Operating Margin2.88%10.69%-7.78%-52.74%-9.15%-0.49%-0.21%
EBITDA49.15M106.84M-16.13M-296.52M6.64M53.86M-33.84M
EBITDA Margin13.53%19.58%-2.05%-45.21%1.10%8.92%-6.05%
Net Income-29.59M31.05M-91.77M-382.14M-84.40M-34.01M-115.18M
Net Income Margin-8.15%5.69%-11.68%-58.26%-13.93%-5.63%-20.59%
R&D5.00M6.80M58.40M10.80M11.50M--
R&D as % of Total Revenue1.38%1.25%7.43%1.65%1.90%--
Interest Expense39.46M34.07M26.65M27.89M31.27M33.50M31.35M
Interest Expense % of Total Revenue10.86%6.24%3.39%4.25%5.16%5.55%5.60%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets924.85M989.58M1.18B946.72M860.76M830.68M675.98M
Total Liabilities493.97M514.54M571.50M611.85M569.41M554.25M505.13M
Total Equity430.88M475.04M606.02M334.87M291.35M276.43M170.85M
Cash7.08M11.56M16.74M39.05M29.92M14.98M19.62M
Total Debt448.22M437.84M420.53M494.25M458.70M434.13M425.53M
Net Debt441.14M426.29M403.79M455.20M428.78M419.15M405.91M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow18.49M46.60M-28.43M5.09M64.04M23.89M20.52M
Investing Cash Flow-9.00M-27.34M-79.90M-18.90M-17.38M-12.33M-7.33M
Financing Cash Flow-9.26M-14.78M113.51M48.63M-68.30M-26.50M-8.54M
Capital Expenditure8.00M14.64M23.04M18.90M20.41M12.44M7.44M
Free Cash Flow10.48M31.96M-51.47M-13.81M43.64M11.44M13.08M
Dividends Paid80.00K250.00K00---
FCF to OCF56.70%68.59%181.06%-271.10%68.14%47.91%63.74%
Dividend Paid to FCF0.76%0.78%0.00%0.00%---

Earnings

Report DateJun 2, 2021Sep 9, 2021Nov 15, 2021Mar 23, 2022May 11, 2022Aug 10, 2022Nov 9, 2022Mar 16, 2023May 10, 2023Aug 2, 2023Nov 8, 2023Mar 7, 2024May 8, 2024Aug 6, 2024Nov 6, 2024Mar 6, 2025May 1, 2025Aug 6, 2025Nov 5, 2025Mar 5, 2026May 11, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.000.04-4.00-0.053.612.07-10.50-0.150.94-1.05-6.11-0.051.702.05-3.15-0.002.072.92-0.070.01-3.38-2.22-4.64
EPS Actual0.370.15-3.000.038.502.00-10.50-0.072.002.00-6.00-0.082.003.00-3.000.012.50-0.50-0.190.011.49-0.43-
Surprise-275.00%25.00%160.00%135.46%-3.38%0.00%53.33%112.77%290.48%1.80%-60.00%17.65%46.34%4.76%766.67%20.77%-117.12%-171.43%0.00%144.08%80.63%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap130.76M
Enterprise Value499.48M
Trailing P/E0.00
Forward P/E32.79
Price / Sales0.27
Price / Book0.81
EPS-41.17
Book Value59.79
Revenue (TTM)484.98M
Gross Profit (TTM)196.42M
EBITDA56.02M
Profit Margin-23.23%
Operating Margin-0.21%
Return on Equity-51.03%
Return on Assets0.27%
Shares Outstanding2.80M
Shares Float1.65M
Beta1.93
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 8 analystsTarget 62.33
  • Strong Buy
    2
  • Buy
    1
  • Hold
    5

Ownership Breakdown

Institutions
71.34%
Insiders
19.25%
Retail / Other
9.41%

Top Institutional Holders

  • Ontario Teachers Pension Plan Board
    493.86K17.65%
  • Nantahala Capital Management, LLC
    102.41K3.66%
  • BlackRock Inc
    51.53K1.84%
  • Vanguard Capital Management, LLC
    49.22K1.76%
  • Glendon Capital Management LP
    37.96K1.36%
  • Karl Kapital LLC
    26.63K0.95%
  • Geode Capital Management, LLC
    22.51K0.80%
  • Morgan Stanley - Brokerage Accounts
    19.87K0.71%
  • State Street Corp
    15.77K0.56%
  • Curated Wealth Partners LLC
    10.00K0.36%
  • Vanguard Portfolio Management, LLC
    8.79K0.31%
  • Charles Schwab Investment Management Inc
    8.00K0.29%
  • Vanguard Fiduciary Trust Co
    7.86K0.28%
  • Artisan Partners Limited Partnership
    5.59K0.20%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    52.99K1.89%
  • Avantis US Small Cap Value ETF
    27.00K0.96%
  • Invesco Dorsey Wright SmallCap Momt ETF
    24.30K0.87%
  • Schwab US Small-Cap ETF™
    6.37K0.23%
  • Lysander-Canso Balanced F
    6.11K0.22%
  • Fidelity Extended Market Index
    5.63K0.20%

Stock Splits

  • Mar 18, 20261:50