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SPAR Group, Inc.

SGRP

$0.28 0.00 (0.00%) at close

17 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

SPAR Group, Inc. faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $6.6M

Dividend Yield —

Revenue Growth -16.8% ↗

Op. Margin -12.4% ↘

ROIC -1577.3% ↘

FCF / Share $-0.78 ↘

Trailing P/E —

Price / Book —

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Jul 22, 2026.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$136.10M

↓ -16.8% —

Net Income Profit after all expenses

$-24.63M

↓ -681.8% —

Operating Margin Operating profit as % of sales

-12.4%

↓ -3003.1% 14th

FCF / Share Free cash flow per share

$-0.78

↓ -2665.9% —

Long-Term Debt Long-term obligations

$1.28M

↓ -25.4% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Financial Health

Cash Quality

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue Growth YoY (%)	-16.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-436%)	-37.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-854%)	0.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-89%)	2.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-57%)	10.9% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+119%)	-8.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-277%)	10.3% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+107%)	26.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+427%)	35.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+601%)	12.6% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+152%)	-2.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-145%)	9.0% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+80%)	8.9% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+79%)	39.8% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+695%)	16.4% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+228%)	—	—
EPS Growth YoY (%)	-700.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	62.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	33.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	-75.0% Weak → Weak Stable Year-over-year change in earnings per share Optimal: > 10%	N/M	-75.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-75.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	14.3% Fair → Fair Stable Year-over-year change in earnings per share Optimal: > 10%	27.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-681.8% Weak Weak Year-over-year change in net income	N/M	N/M	58.9% Excellent Excellent Year-over-year change in net income	N/M	39.2% Excellent Excellent Year-over-year change in net income	N/M	-68.0% Weak ↑ Weak Improving Year-over-year change in net income	N/M	-80.6% Weak ↓ Weak Declining Year-over-year change in net income	-79.6% Weak ↓ Weak Declining Year-over-year change in net income	2.9% Caution ↓ Caution Declining Year-over-year change in net income	23.1% Good ↓ Good Declining Year-over-year change in net income	47.7% Excellent Excellent Year-over-year change in net income	2.5% Caution Caution Year-over-year change in net income	—	—
FCF Growth YoY (%)	-2665.9% Weak Weak Year-over-year change in free cash flow	N/M	N/M	N/M	-70.3% Weak ↓ Weak Declining Year-over-year change in free cash flow	41.9% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	196.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-69.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	403.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-72.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	133.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-27.4% Weak ↓ Weak Declining Year-over-year change in free cash flow	-17.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	-3.9% Weak Weak Year-over-year change in free cash flow	1208.6% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-19.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-13.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	4.5% Caution → Caution Stable Compound annual revenue growth over 3 years	1.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.7% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	8.3% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	23.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	24.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	14.1% Good ↑ Good Improving Compound annual revenue growth over 3 years	6.3% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	5.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	18.4% Excellent Excellent Compound annual revenue growth over 3 years	21.0% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-10.0% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-8.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	2.8% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	7.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	13.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	14.1% Excellent → Excellent Stable Compound annual revenue growth over 5 years	15.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	15.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	12.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	12.8% Excellent Excellent Compound annual revenue growth over 5 years	13.6% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	2.0% Caution Caution Compound annual EPS growth over 3 years	—	—	—	128.9% Excellent Excellent Compound annual EPS growth over 3 years	—	—	-60.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-34.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	13.3% Good Good Compound annual EPS growth over 3 years	13.3% Good Good Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Operating Margin (%) (%)	-12.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-203%)	0.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-96%)	3.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-70%)	2.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-83%)	1.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	4.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	4.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-66%)	1.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	2.3% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	1.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	2.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-77%)	2.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	2.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	3.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-68%)	3.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	4.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-63%)	—
Effective Tax Rate (%) (%)	-19.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-8.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	-18.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-326%)	-1.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-124%)	1.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	-0.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-104%)	-0.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-109%)	1.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-82%)	1.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	-0.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-108%)	-0.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-106%)	0.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-98%)	0.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-91%)	3.6% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	3.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	3.4% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	3.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-60%)	3.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	—
FCF Margin (%) (%)	-13.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-0.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	1.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	1.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	1.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	0.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.75x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.21x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.75x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	6.89x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-1.48x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.61x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.54x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-1.32x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-7.34x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	7.76x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	5.48x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.48x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.68x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.00x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.51x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	0.11x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Return on Invested Capital (%)	-1577.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	44.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	26.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	17.9% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	16.2% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	33.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	39.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	16.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	16.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	8.8% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	10.6% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	10.3% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	11.4% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	24.7% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	24.4% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	32.9% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-38.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.4% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	5.7% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	4.7% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	11.6% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	12.8% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	5.4% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.1% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	4.0% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.5% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	7.4% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	8.5% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	13.7% Good → Good Stable Operating profit relative to total assets Optimal: > 10%	13.4% Good Good Operating profit relative to total assets Optimal: > 10%	14.8% Good Good Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	—	—	13.8% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-8%)	-3.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-122%)	-9.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-160%)	15.2% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	12.8% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-15%)	-9.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-163%)	-4.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-131%)	0.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-94%)	4.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-68%)	23.3% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+55%)	26.9% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+79%)	26.9% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+79%)	25.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+67%)	33.5% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+124%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Debt to Equity (x)	—	—	0.01x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-98%)	0.06x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-91%)	0.04x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-95%)	0.05x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-94%)	0.07x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-90%)	0.11x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-84%)	0.01x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.31x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-56%)	0.34x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-51%)	0.27x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-61%)	—	—	—	—
Interest Coverage (x)	-7.01x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.34x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	4.03x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	4.49x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	5.97x Good Good Operating income divided by interest expense Optimal: > 5x	13.21x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	12.14x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	16.56x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	15.26x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	20.82x Excellent → Excellent Stable Operating income divided by interest expense Optimal: > 5x	16.98x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	31.06x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	14.64x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	9.13x Good Good Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-1.98M	$-16.50M	$-10.41M	$-7.97M	$-12.77M	$-14.97M	$-9.16M	$-5.30M	$-8.72M	$-7.32M	$13.00K	$2.06M	$1.50M	$-1.79M	$-1.71M	$-923.00K	$-1.66M
Debt / EBITDA (x)	-0.08x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.46x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.03x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.26x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.17x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.10x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.13x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.31x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.02x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.11x Good → Good Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.28x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.98x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue per Share (USD)	$5.76	$6.95	$11.26	$11.82	$12.02	$10.92	$12.09	$11.08	$8.80	$6.52	$5.80	$5.93	$5.46	$5.08	$3.68	$3.29	—
Basic EPS, GAAP (USD)	$-1.04	$-0.13	$0.17	$-0.03	$-0.08	$0.16	$0.12	$-0.07	$-0.04	$0.01	$0.04	$0.16	$0.16	$0.14	$0.11	$0.11	—
Free Cash Flow per Share (USD)	$-0.78	$-0.03	$0.29	$-0.23	$0.12	$0.42	$0.29	$0.10	$0.33	$0.07	$0.24	$0.10	$0.14	$0.17	$0.18	$0.01	—
Book Value per Share (USD)	—	—	$1.21	$0.98	$0.93	$1.05	$0.90	$0.79	$0.95	$0.96	$0.91	$0.91	$0.77	$0.63	$0.46	$0.35	—
Tangible Book Value per Share (USD)	—	—	$1.10	$0.82	$0.62	$0.76	$0.59	$0.44	$0.78	$0.75	$0.70	$0.67	$0.57	$0.47	$0.37	$0.29	—
Basic Weighted Avg Shares (shares)	23.62M	23.55M	23.33M	22.11M	21.27M	21.11M	20.92M	20.68M	20.62M	20.59M	20.56M	20.58M	20.49M	20.24M	19.96M	19.21M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Working Capital (USD)	$-6.29M	$15.95M	$27.54M	$26.36M	$21.82M	$23.61M	$17.41M	$12.62M	$14.50M	$12.53M	$16.83M	$16.45M	$10.01M	$9.73M	$7.19M	$4.36M	—
LT Debt (USD)	$1.28M	$1.72M	$310.00K	$1.38M	$700.00K	$1.00M	$1.30M	$1.81M	$107.00K	$4.00K	$5.73M	$6.44M	$4.31M	—	—	—	—
Total Equity (USD)	—	—	$28.23M	$22.43M	$19.75M	$22.16M	$18.95M	$16.30M	$19.65M	$19.68M	$18.70M	$18.76M	$15.81M	$12.84M	$9.34M	$6.80M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	$136.10M	$163.63M	$262.75M	$261.27M	$255.72M	$230.52M	$252.88M	$229.19M	$181.38M	$134.32M	$119.28M	$122.02M	$111.96M	$102.77M	$73.52M	$63.15M	—
Depreciation Expense (USD)	—	—	—	—	—	—	—	$2.11M	$2.13M	$2.10M	$1.91M	$1.75M	$1.50M	$1.17M	$1.07M	$1.02M	—
Net Income, GAAP (USD)	$-24.63M	$-3.15M	$3.90M	$-732.00K	$-1.78M	$3.37M	$2.42M	$-1.55M	$-923.00K	$173.00K	$892.00K	$4.37M	$4.25M	$3.45M	$2.34M	$2.28M	—
Operating Cash Flow (USD)	$-18.44M	$-665.00K	$6.82M	$-5.04M	$2.63M	$8.80M	$6.15M	$2.05M	$6.77M	$1.34M	$4.89M	$2.10M	$2.88M	$3.44M	$3.54M	$260.00K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 66 quarters

SPAR Group, Inc.

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