Tile Shop Holdings annual operating margin
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Tile Shop Holdings Operating Margin Growth & History (TTSH)
Tile Shop Holdings's operating margin was −1.73% for fiscal 2025.
View full Tile Shop Holdings company overviewTile Shop Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −1.73% | −2.74 pp |
| 2024 | 2024-12-31 | 1.01% | −3.27 pp |
| 2023 | 2023-12-31 | 4.28% | −1.44 pp |
| 2022 | 2022-12-31 | 5.73% | +0.17 pp |
| 2021 | 2021-12-31 | 5.56% | +3.60 pp |
| 2020 | 2020-12-31 | 1.96% | +2.36 pp |
| 2019 | 2019-12-31 | −0.40% | −5.48 pp |
| 2018 | 2018-12-31 | 5.08% | −2.42 pp |
| 2017 | 2017-12-31 | 7.50% | −2.65 pp |
| 2016 | 2016-12-31 | 10.15% | +0.18 pp |
| 2015 | 2015-12-31 | 9.98% | +1.59 pp |
| 2014 | 2014-12-31 | 8.39% | −6.02 pp |
| 2013 | 2013-12-31 | 14.41% | −4.43 pp |
| 2012 | 2012-12-31 | 18.84% | −2.52 pp |
| 2011 | 2011-12-31 | 21.36% | −1.30 pp |
| 2010 | 2010-12-31 | 22.65% | — |
Tile Shop Holdings quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2025 | 2025-12-31 | −5.77% | −4.68 pp |
| Q3 2025 | 2025-09-30 | −2.37% | −2.66 pp |
| Q2 2025 | 2025-06-30 | 0.50% | −1.53 pp |
| Q1 2025 | 2025-03-31 | 0.21% | −2.28 pp |
| Q4 2024 | 2024-12-31 | −1.09% | −2.83 pp |
| Q3 2024 | 2024-09-30 | 0.30% | −2.78 pp |
| Q2 2024 | 2024-06-30 | 2.03% | −5.82 pp |
| Q1 2024 | 2024-03-31 | 2.49% | −1.55 pp |
| Q4 2023 | 2023-12-31 | 1.74% | −1.22 pp |
| Q3 2023 | 2023-09-30 | 3.07% | −2.59 pp |
| Q2 2023 | 2023-06-30 | 7.85% | −1.24 pp |
| Q1 2023 | 2023-03-31 | 4.04% | −0.58 pp |
| Q4 2022 | 2022-12-31 | 2.96% | −0.29 pp |
| Q3 2022 | 2022-09-30 | 5.66% | +2.24 pp |
| Q2 2022 | 2022-06-30 | 9.09% | +1.17 pp |
| Q1 2022 | 2022-03-31 | 4.62% | −2.88 pp |
| Q4 2021 | 2021-12-31 | 3.25% | −0.03 pp |
| Q3 2021 | 2021-09-30 | 3.42% | −0.14 pp |
| Q2 2021 | 2021-06-30 | 7.92% | +10.56 pp |
| Q1 2021 | 2021-03-31 | 7.50% | +4.75 pp |
| Q4 2020 | 2020-12-31 | 3.28% | +8.90 pp |
| Q3 2020 | 2020-09-30 | 3.56% | +4.30 pp |
| Q2 2020 | 2020-06-30 | −2.65% | −3.55 pp |
| Q1 2020 | 2020-03-31 | 2.75% | −0.58 pp |
| Q4 2019 | 2019-12-31 | −5.62% | −6.46 pp |
| Q3 2019 | 2019-09-30 | −0.74% | −5.09 pp |
| Q2 2019 | 2019-06-30 | 0.90% | −7.11 pp |
| Q1 2019 | 2019-03-31 | 3.33% | −3.38 pp |
| Q4 2018 | 2018-12-31 | 0.84% | +5.50 pp |
| Q3 2018 | 2018-09-30 | 4.35% | −0.84 pp |
| Q2 2018 | 2018-06-30 | 8.01% | −4.96 pp |
| Q1 2018 | 2018-03-31 | 6.71% | −7.98 pp |
| Q4 2017 | 2017-12-31 | −4.66% | −6.82 pp |
| Q3 2017 | 2017-09-30 | 5.18% | −4.74 pp |
| Q2 2017 | 2017-06-30 | 12.97% | −0.93 pp |
| Q1 2017 | 2017-03-31 | 14.69% | +0.81 pp |
| Q4 2016 | 2016-12-31 | 2.15% | −7.48 pp |
| Q3 2016 | 2016-09-30 | 9.93% | +0.72 pp |
| Q2 2016 | 2016-06-30 | 13.89% | +2.75 pp |
| Q1 2016 | 2016-03-31 | 13.88% | +4.02 pp |
| Q4 2015 | 2015-12-31 | 9.63% | +3.65 pp |
| Q3 2015 | 2015-09-30 | 9.21% | +3.31 pp |
| Q2 2015 | 2015-06-30 | 11.15% | +0.47 pp |
| Q1 2015 | 2015-03-31 | 9.86% | −0.95 pp |
| Q4 2014 | 2014-12-31 | 5.98% | +0.83 pp |
| Q3 2014 | 2014-09-30 | 5.90% | −7.49 pp |
| Q2 2014 | 2014-06-30 | 10.68% | −7.34 pp |
| Q1 2014 | 2014-03-31 | 10.81% | −10.33 pp |
| Q4 2013 | 2013-12-31 | 5.15% | −11.04 pp |
| Q3 2013 | 2013-09-30 | 13.39% | +0.82 pp |
| Q2 2013 | 2013-06-30 | 18.02% | −5.52 pp |
| Q1 2013 | 2013-03-31 | 21.15% | −1.67 pp |
| Q4 2012 | 2012-12-31 | 16.18% | −2.27 pp |
| Q3 2012 | 2012-09-30 | 12.57% | — |
| Q2 2012 | 2012-06-30 | 23.54% | — |
| Q1 2012 | 2012-03-31 | 22.82% | — |
| Q3 2011 | 2011-09-30 | 18.46% | — |
Tile Shop Holdings operating margin trends
Over the last five reported fiscal years, Tile Shop Holdings's operating margin decreased from 1.96% to −1.73%, a change of −3.69 percentage points. The latest reported quarter, Q4 2025, shows −5.77%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tile Shop Holdings filings at SEC.gov ↗