Tandy Leather Factory (TLF) Operating Margin (2010 - 2026)

Tandy Leather Factory (TLF) has reported Operating Margin for 17 consecutive years, with 1.86% the latest figure, recorded in Q1 2026.

• Operating Margin for Q1 2026 came in at 1.86%, up 48.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.02% (down 30.0% YoY), and the FY2024 annual result was 0.84%, down 494.0% from the prior year.
• Operating Margin was 1.86% for Q1 2026 at Tandy Leather Factory, up from 3.93% in the prior quarter.
• Over five years, Operating Margin peaked at 8.44% in Q4 2023 and troughed at 4.0% in Q2 2022.
• Average Operating Margin over 5 years is 2.01%, with a median of 1.64% recorded in 2022.
• Year-over-year, Operating Margin slumped 790 bps in 2022 and surged 852 bps in 2023.
• Over 5 years, Operating Margin stood at 1.43% in 2022, then jumped by 492 bps to 8.44% in 2023, then tumbled by 89 bps to 0.89% in 2024, then sank by 539 bps to 3.93% in 2025, then surged by 147 bps to 1.86% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 1.86% in Q1 2026, 3.93% in Q3 2025, and 0.37% in Q2 2025.