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MARKETS / BALCAO / TTSH
BALCAO · RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES · MID CAP

Tile Shop Holdings, Inc. TTSH

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$336.8M
▼ 3.0% YoY
$-4.5M
▼ 293.6% YoY
$-3.8M
▼ 130.0% YoY
In brief

What this company does

Tile Shop Holdings, Inc. is a specialty retailer of man-made and natural stone tiles, luxury vinyl tiles, setting and maintenance materials, and related accessories in the United States. Its assortment includes over 6,000 products from around the world. As of December 31, 2025 it operated 140 stores in 31 states and the District of Columbia, with an average size of approximately 20,000 square feet. As of December 31, 2025 it had 1,196 employees, 981 of whom were full-time and none who were represented by a union. It services its store locations from three distribution centers, located in Michigan, Oklahoma, and Virginia. The Tile Shop, LLC was founded in 1985, and Tile Shop Holdings, Inc. was incorporated in Delaware in June 2012.

Written from the business description in TILE SHOP HOLDINGS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 336.8M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 336.8 · Net income -4.5
200M-20M-40M201020122014201620182020202220242025
Compound annual growth
−5.1%
+0.7%
+1.4%
+6.3%
+48.1%
+2.0%
+36.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1.7% · Net -1.3%
10%20%-10%-20%201020122014201620182020202220242025
ROE
FY2019 · ROE -3.0%
20%40%-100%-200%-300%201020122014201620182020202220242025

Cash & shareholders
USD 32.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -3.8
25.0M50.0M-20.0M201020122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 32.0
20MDividendsNet buybacks201020112012201720182019202120222025

USD 32.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 301.7M
CashUSD 10.1M
Gross debtUSD 25.0M
Net debtUSD 14.9M
Current ratio1.43×

Not available: we don't have the shareholders' equity figure for this period.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.30.30.40.40.40.30.30.40.30.30.30.30.20.20.20.1
Operating income $B−0.00.00.00.00.00.0−0.00.00.00.00.00.00.00.00.00.0
EBITDA $B················
Income tax $B−0.00.00.00.00.0−0.0−0.00.00.00.00.00.00.0−0.00.00.0
Net income $B−0.00.00.00.00.00.0−0.00.00.00.00.00.0−0.0−0.00.00.0
Free cash flow $B−0.00.00.0−0.00.00.10.0−0.00.00.00.00.0−0.00.00.00.0
EPS, diluted $−0.100.050.230.320.290.12−0.090.200.210.360.310.21−0.72−1.310.970.92
Dividend / sh $····0.65·0.150.200.20·······
Payout %····223·−17310096····−111
ROE %······−3.07.27.714.515.012.3−220.4−339.143.842.8
Shares out B0.040.040.040.040.050.050.050.050.050.050.050.050.050.000.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 78 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 17 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Home Furniture, Furnishings & Equipment Stores
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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