TLF - TANDY LEATHER FACTORY INC

📈 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 ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	2.6% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-48%)	-2.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-148%)	-5.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-202%)	-2.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-156%)	29.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+480%)	-14.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-389%)	-9.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-297%)	0.9% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-81%)	-0.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-115%)	-1.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-129%)	0.9% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-82%)	6.6% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+31%)	7.7% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+53%)	10.0% Good → Good Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+100%)	10.4% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+107%)	9.9% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+99%)	—	—
EPS Growth YoY (%)	1010.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-77.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	200.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-6.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	-157.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	-56.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-30.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	7.8% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-15.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	7.0% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	29.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	17.0% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	14.6% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	28.1% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	1000.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-78.1% Weak ↓ Weak Declining Year-over-year change in net income	207.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-9.4% Weak Weak Year-over-year change in net income	N/M	-157.5% Weak ↓ Weak Declining Year-over-year change in net income	N/M	-55.9% Weak ↓ Weak Declining Year-over-year change in net income	-30.5% Weak ↓ Weak Declining Year-over-year change in net income	-0.0% Weak ↓ Weak Declining Year-over-year change in net income	-16.9% Weak ↓ Weak Declining Year-over-year change in net income	6.1% Fair ↓ Fair Declining Year-over-year change in net income	29.8% Excellent ↑ Excellent Improving Year-over-year change in net income	17.7% Good ↓ Good Declining Year-over-year change in net income	14.2% Fair Fair Year-over-year change in net income	25.4% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	N/M	-61.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	665.4% Excellent Excellent Year-over-year change in free cash flow	-80.1% Weak Weak Year-over-year change in free cash flow	N/M	N/M	65.8% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	1225.2% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-91.8% Weak Weak Year-over-year change in free cash flow	4.9% Caution Caution Year-over-year change in free cash flow	N/M	N/M	N/M	N/M	371.0% Excellent Excellent Year-over-year change in free cash flow	-73.3% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-1.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	6.0% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	2.4% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-0.2% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-8.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	1.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	5.0% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	8.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	9.3% Fair Fair Compound annual revenue growth over 3 years	10.1% Good Good Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	3.6% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-0.1% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-1.7% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-0.5% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-0.1% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-5.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-2.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	1.2% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	2.5% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	4.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	7.0% Fair Fair Compound annual revenue growth over 5 years	8.9% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	94.9% Excellent Excellent Compound annual EPS growth over 3 years	-14.5% Weak Weak Compound annual EPS growth over 3 years	—	—	-8.7% Weak Weak Compound annual EPS growth over 3 years	—	—	-31.0% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-14.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-0.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	5.2% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	17.4% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	20.1% Excellent Excellent Compound annual EPS growth over 3 years	19.8% Excellent Excellent 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 ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	-1.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-111%)	0.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-93%)	5.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-52%)	1.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	2.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-77%)	-9.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-183%)	-3.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-129%)	4.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	8.8% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-27%)	12.4% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	12.4% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	14.3% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+19%)	14.4% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+20%)	12.6% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	11.7% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	11.1% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-8%)	9.4% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	—
Effective Tax Rate (%) (%)	26.0% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.2% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.1% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.3% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.9% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.6% Caution ↓ Caution Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	47.0% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	37.9% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	37.3% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	37.3% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	34.7% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	35.2% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	37.4% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—
Profit Margin (%) (%)	11.9% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+49%)	1.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	4.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	1.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	1.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	-7.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-196%)	-2.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-132%)	2.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-70%)	5.4% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-32%)	7.7% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	7.6% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	9.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+15%)	9.3% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+16%)	7.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	7.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-10%)	6.9% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	6.1% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)	—
FCF Margin (%) (%)	-10.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	5.2% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-21.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	13.6% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	7.6% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	7.2% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.3% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	1.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	8.2% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-0.89x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.89x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.05x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	0.42x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	2.01x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.82x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-5.36x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	3.21x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.11x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.91x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.94x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	-0.13x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.52x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.14x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.15x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.28x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	1.35x Good Good 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 ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	-1.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	6.5% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	2.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	2.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-9.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	3.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	6.7% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	10.6% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	12.0% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	14.3% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	15.4% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	14.2% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	16.2% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	15.9% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	-1.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	0.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	6.1% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	2.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-8.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-3.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	5.0% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	9.7% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	14.6% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	16.2% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	19.0% Excellent → Excellent Stable Operating profit relative to total assets Optimal: > 10%	20.0% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	18.6% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	16.9% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	16.3% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	17.3% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+15%)	1.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-90%)	6.7% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	2.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-84%)	2.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-82%)	-9.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-163%)	-3.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-122%)	3.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-78%)	7.5% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-50%)	11.9% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-21%)	12.6% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-16%)	15.7% Good → Good Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	16.3% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+9%)	14.9% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	13.8% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-8%)	14.0% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-7%)	—	—

⚖️ 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 ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	—	—	—	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.01x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	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%)	0.15x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-78%)	0.12x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-82%)	0.14x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-80%)	0.07x Excellent ↓ Excellent Declining 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%)	0.06x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-92%)	0.08x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-89%)	0.09x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-87%)	0.11x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-84%)	—	—
Interest Coverage (x)	—	—	—	92.53x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	143.75x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	-906.86x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-72.14x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	12.55x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	35.23x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	66.38x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	31.74x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	53.01x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	54.49x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	37.95x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	31.00x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	25.00x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	17.11x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-16.09M	$-13.27M	$-12.16M	$-7.97M	$-9.82M	$-9.88M	$-15.90M	$-15.10M	$-10.97M	$-9.49M	$-7.25M	$-4.99M	$-8.48M	$-4.80M	$-7.66M	$-986.25K	$-7.89M	$-7.81M
Debt / EBITDA (x)	—	—	—	0.00x 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	-0.08x 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	1.59x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.81x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.61x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.31x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.42x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.21x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.28x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.36x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.43x 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 ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$9.27	$8.76	$9.14	$9.61	$9.49	$7.07	$8.35	$9.05	$8.91	$8.91	$8.35	$8.18	$7.69	$7.16	$6.51	$5.87	$5.20	—
Basic EPS, GAAP (USD)	$1.11	$0.10	$0.45	$0.15	$0.16	$-0.54	$-0.21	$0.21	$0.48	$0.69	$0.64	$0.76	$0.71	$0.55	$0.47	$0.41	$0.32	—
Free Cash Flow per Share (USD)	$-0.98	$0.18	$0.47	$0.06	$0.31	$-1.53	$1.14	$0.69	$0.05	$0.63	$0.60	$-0.10	$0.37	$-0.08	$0.54	$0.11	$0.43	—
Book Value per Share (USD)	$6.51	$6.73	$6.71	$6.21	$6.03	$5.70	$6.29	$6.56	$6.42	$5.84	$5.23	$4.79	$4.38	$3.69	$3.39	$2.93	—	—
Tangible Book Value per Share (USD)	$6.51	$6.73	$6.71	$6.21	$6.03	$5.70	$6.29	$6.46	$6.32	$5.74	$5.13	$4.70	$4.28	$3.59	$3.29	$2.81	—	—
Basic Weighted Avg Shares (shares)	8.23M	8.49M	8.34M	8.36M	8.71M	9.06M	8.97M	9.19M	9.24M	9.30M	10.08M	10.20M	10.18M	10.16M	10.16M	10.21M	10.47M	—

🏦 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 ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$40.78M	$40.65M	$42.32M	$38.38M	$38.24M	$38.09M	$40.28M	$53.23M	$50.83M	$45.07M	$39.23M	$36.00M	$32.38M	$27.81M	$26.58M	$21.87M	—	—
LT Debt (USD)	—	—	—	$0.00	$336.00K	$446.00K	$0.00	$8.97M	$7.37M	$7.37M	$3.71M	$5.64M	$2.60M	$2.90M	$3.10M	$3.31M	—	—
Total Equity (USD)	$52.59M	$57.15M	$56.35M	$51.46M	$51.50M	$52.19M	$56.42M	$59.46M	$59.54M	$53.69M	$50.97M	$49.12M	$44.62M	$37.52M	$34.43M	$29.76M	—	—

📋 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 ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$76.32M	$74.39M	$76.23M	$80.33M	$82.66M	$64.08M	$74.92M	$83.10M	$82.32M	$82.92M	$84.16M	$83.43M	$78.28M	$72.72M	$66.10M	$59.89M	$54.48M	—
Depreciation Expense (USD)	$900.00K	$1.20M	$1.20M	$1.20M	$1.10M	$1.00M	$1.70M	$1.80M	$1.88M	$1.72M	$1.57M	$1.44M	$1.19M	$1.07M	$1.02M	$972.41K	$1.13M	—
Net Income, GAAP (USD)	$9.10M	$827.00K	$3.77M	$1.23M	$1.35M	$-4.90M	$-1.90M	$1.96M	$4.45M	$6.40M	$6.40M	$7.71M	$7.27M	$5.60M	$4.75M	$4.16M	$3.32M	—
Operating Cash Flow (USD)	$-556.00K	$4.55M	$4.54M	$1.15M	$3.72M	$-12.53M	$10.47M	$7.39M	$2.17M	$7.54M	$8.20M	$1.18M	$7.54M	$1.91M	$6.57M	$2.72M	$5.27M	—

TANDY LEATHER FACTORY INC

Analytical Summary

18-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

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