Tile Shop Holdings (TTSH) Operating Margin (2011 - 2025)
Tile Shop Holdings (TTSH) posted Operating Margin of -5.77% for Q4 2025, down 4.68 percentage points from -1.09% a year earlier and down 3.40 percentage points from the prior quarter.
Powered by 
Analysis
Tile Shop Holdings (TTSH) Operating Margin (2011 - 2025) Analysis & Trends
For FY2025, Tile Shop Holdings' Operating Margin came in at -1.73%, down 2.74 percentage points from FY2024.
- Annual Operating Margin has declined for three consecutive years, with a five-year change of -3.69 percentage points (FY2020 to FY2025).
- In prior years, Tile Shop Holdings' Operating Margin was 1.01% in FY2024 (-3.27 pp), 4.28% in FY2023 (-1.44 pp), 5.73% in FY2022 (+0.17 pp) and 5.56% in FY2021 (+3.60 pp).
- The Q4 2025 figure stands as the lowest quarterly Operating Margin in data going back to Q3 2011.
- On a year-over-year basis, Operating Margin has declined in each of the last 13 quarters, with an average year-over-year change of -3.02 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2021, with a gain of 10.56 percentage points; the weakest was Q2 2024, with a drop of 5.82 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -2.37% (Q3 2025), 0.50% (Q2 2025) and 0.21% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,828.15 Bn | 2,344.85 Bn | 104.83 Bn | 13.69% |
| 2 | Home Depot | 312.02 Bn | 305.26 Bn | 16.12 Bn | 14.29% |
| 3 | Tjx Companies | 160.78 Bn | 138.32 Bn | 5.07 Bn | 13.09% |
| 4 | Lowes Companies | 109.83 Bn | 102.79 Bn | 8.58 Bn | 13.67% |
| 5 | Ross Stores | 74.49 Bn | 57.42 Bn | 2.12 Bn | 17.62% |
| 6 | O Reilly Automotive | 73.51 Bn | 72.60 Bn | 2.52 Bn | 20.15% |
| 7 | Target | 69.38 Bn | 63.97 Bn | 8.94 Bn | 9.65% |
| 8 | Autozone | 52.02 Bn | 50.92 Bn | 2.52 Bn | 19.08% |
| 9 | Carvana | 42.62 Bn | 33.11 Bn | 1.38 Bn | 9.22% |
| 10 | Tile Shop Holdings | 86.08 Mn | -3.00 Mn | 47.83 Mn | -5.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -5.77% |
| Sep 30, 2025 | -2.37% |
| Jun 30, 2025 | 0.50% |
| Mar 31, 2025 | 0.21% |
| Dec 31, 2024 | -1.09% |
| Sep 30, 2024 | 0.30% |
| Jun 30, 2024 | 2.03% |
| Mar 31, 2024 | 2.49% |
| Dec 31, 2023 | 1.74% |
| Sep 30, 2023 | 3.07% |
| Jun 30, 2023 | 7.85% |
| Mar 31, 2023 | 4.04% |
| Dec 31, 2022 | 2.96% |
| Sep 30, 2022 | 5.66% |
| Jun 30, 2022 | 9.09% |
| Mar 31, 2022 | 4.62% |
| Dec 31, 2021 | 3.25% |
| Sep 30, 2021 | 3.42% |
| Jun 30, 2021 | 7.92% |
| Mar 31, 2021 | 7.50% |
API Access
Tile Shop Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=TTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TTSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=TTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();