Tredegar (TG) FCF Payout Ratio (2010 - 2023)
Tredegar (TG) reported FCF Payout Ratio of 0.18 for Q2 2023, up 62.09% on a YoY basis from 0.11 in Q2 2022, and up 173.51% quarter-over-quarter from 0.24 in Q1 2023.
Tredegar (TG) FCF Payout Ratio (2010 - 2023) Analysis & Trends
Tredegar has reported FCF Payout Ratio for 14 years, with the latest figure at 0.18 in Q2 2023.
- For the quarter ending Q2 2023, FCF Payout Ratio rose 62.09% year-over-year to 0.18; the trailing twelve-month figure through Mar 2024 stood at 0.81 (up 175.04% YoY), and the FY2023 full-year result was 3.62, down 1132.54% from the prior year.
- FCF Payout Ratio for Q2 2023 stood at 0.18, up from 0.24 in the prior quarter.
- The five-year high for FCF Payout Ratio was 2.34 in Q3 2021, with the low at 107.82 in Q4 2020.
- Historically, FCF Payout Ratio has averaged 5.83 across 5 years, with a median of 0.16 in 2020.
- Annual changes were most pronounced in 2020 — FCF Payout Ratio plunged 42900.56% — and 2021, when it soared 1392.36%.
- Tredegar's FCF Payout Ratio stood at 0.25 in 2019, then sank by 42900.56% to 107.82 in 2020, then jumped by 100.33% to 0.36 in 2021, then sank by 236.51% to 0.49 in 2022, then surged by 136.62% to 0.18 in 2023.
- The last three FCF Payout Ratio figures came in at 0.18 (Q2 2023), 0.24 (Q1 2023), and 0.49 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 0.08 |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | - |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 0.08 |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 0.46 |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 0.01 |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | -0.01 |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 0.19 |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | - |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | -0.05 |
| 10 | Tredegar | 266.81 Mn | 251.20 Mn | 28.99 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | -0.24 |
| Dec 31, 2022 | -0.49 |
| Sep 30, 2022 | -0.17 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | -0.07 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 2.34 |
| Jun 30, 2021 | 0.16 |
| Mar 31, 2021 | 0.87 |
| Dec 31, 2020 | -107.82 |
| Sep 30, 2020 | 0.16 |
| Jun 30, 2020 | 0.24 |
| Mar 31, 2020 | 0.39 |
| Dec 31, 2019 | 0.25 |
| Sep 30, 2019 | 0.82 |
| Jun 30, 2019 | 0.08 |
| Mar 31, 2019 | -2.09 |
| Dec 31, 2018 | -0.33 |
| Sep 30, 2018 | 0.34 |