Tandy Leather Factory (TLF) Operating Margin (2010 - 2026)
Tandy Leather Factory's (TLF) quarterly Operating Margin came in at 1.86% in Q1 2026, up 48.0% YoY from 1.25% in Q1 2025, and up 147.29% on a QoQ basis from 3.93% in Q3 2025.
Tandy Leather Factory (TLF) Operating Margin (2010 - 2026) Analysis & Trends
Tandy Leather Factory (TLF) has 17 years of Operating Margin data on file, last reported at 1.86% in Q1 2026.
- Quarterly Operating Margin rose 48.0% year-over-year to 1.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.02% (down 30.0% YoY) and the FY2024 annual result came in at 0.84%, down 494.0% from the prior year.
- Operating Margin climbed to 1.86% in Q1 2026, from 3.93% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 8.44% in Q4 2023 to a low of 4.0% in Q2 2022.
- A 5-year average of 2.01% and a median of 1.64% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin plunged 790 bps — and 2023, when it soared 852 bps.
- Tracing TLF's Operating Margin over 5 years: stood at 1.43% in 2022, then jumped by 492 bps to 8.44% in 2023, then plunged by 89 bps to 0.89% in 2024, then slumped by 539 bps to 3.93% in 2025, then surged by 147 bps to 1.86% in 2026.
- The last three Operating Margin figures came in at 1.86% (Q1 2026), 3.93% (Q3 2025), and 0.37% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 7.66% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 14.17% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 10.29% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 8.73% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 12.00% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 4.48% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 21.99% |
| 10 | Tandy Leather Factory | 20.96 Mn | 14.52 Mn | 11.70 Mn | 3.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.01% |
| Mar 31, 2026 | 1.86% |
| Sep 30, 2025 | -3.93% |
| Jun 30, 2025 | 0.37% |
| Mar 31, 2025 | 1.38% |
| Dec 31, 2024 | 0.89% |
| Sep 30, 2024 | -1.54% |
| Jun 30, 2024 | 0.36% |
| Mar 31, 2024 | 3.37% |
| Dec 31, 2023 | 8.44% |
| Sep 30, 2023 | 5.02% |
| Jun 30, 2023 | 4.52% |
| Mar 31, 2023 | 4.82% |
| Dec 31, 2022 | 1.43% |
| Sep 30, 2022 | 5.12% |
| Jun 30, 2022 | -4.00% |
| Mar 31, 2022 | 4.04% |
| Dec 31, 2021 | 2.56% |
| Sep 30, 2021 | 0.06% |
| Jun 30, 2021 | 3.90% |