Tandy Leather Factory (TLF) Gross Margin (2010 - 2026)
Tandy Leather Factory's (TLF) quarterly Gross Margin came in at 61.03% in Q1 2026, up 472.0% YoY from 10.67% in Q1 2025, and up 3.6% on a QoQ basis from 58.91% in Q3 2025.
Tandy Leather Factory (TLF) Gross Margin (2010 - 2026) Analysis & Trends
Tandy Leather Factory (TLF) has 17 years of Gross Margin data on file, last reported at 61.03% in Q1 2026.
- Quarterly Gross Margin rose 472.0% year-over-year to 61.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 58.94% (up 284.0% YoY) and the FY2024 annual result came in at 56.19%, down 305.0% from the prior year.
- Gross Margin improved to 61.03% in Q1 2026, from 58.91% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 62.47% in Q2 2023 to a low of 52.95% in Q4 2024.
- A 5-year average of 58.18% and a median of 58.0% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 543 bps — and 2024, when it slumped 459 bps.
- Tracing TLF's Gross Margin over 5 years: stood at 55.74% in 2022, then decreased by 1 bps to 55.1% in 2023, then dropped by 4 bps to 52.95% in 2024, then advanced by 11 bps to 58.91% in 2025, then advanced by 4 bps to 61.03% in 2026.
- The last three Gross Margin figures came in at 61.03% (Q1 2026), 58.91% (Q3 2025), and 59.49% (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 45.67% |
| 10 | Tandy Leather Factory | 20.96 Mn | 14.52 Mn | 11.70 Mn | 64.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.81% |
| Mar 31, 2026 | 61.03% |
| Sep 30, 2025 | 58.91% |
| Jun 30, 2025 | 59.49% |
| Mar 31, 2025 | 56.30% |
| Dec 31, 2024 | 52.95% |
| Sep 30, 2024 | 57.76% |
| Jun 30, 2024 | 57.95% |
| Mar 31, 2024 | 56.65% |
| Dec 31, 2023 | 55.10% |
| Sep 30, 2023 | 62.35% |
| Jun 30, 2023 | 62.47% |
| Mar 31, 2023 | 58.05% |
| Dec 31, 2022 | 55.74% |
| Sep 30, 2022 | 60.85% |
| Jun 30, 2022 | 57.04% |
| Mar 31, 2022 | 58.20% |
| Dec 31, 2021 | 53.13% |
| Sep 30, 2021 | 57.51% |
| Jun 30, 2021 | 60.76% |