Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills and flatrock flat top grills for retailers, distributors, and direct to consumers in the United States and internationally. The company's wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. It also produces a library of digital content, including instructional recipes and videos that demonstrate tips, tricks, and cooking techniques that empower Traeger owners to progress their cooking skills; and short- and long-form branded content highlighting stories, community members, and lifestyle content from the Traegerhood. In addition, the company provides wood pellets that are used to fire the grills; rubs, spices, and sauces; accessories, such as pop-and-lock accessory rail covers, drip trays, bucket liners, storage bins, and shelves; tools to aid in meal prep, cooking, and cleanup, including pellet storage systems, cleaning solutions, barbecue tools, and MEATER smart thermometer; replacement parts; and apparel and merchandise, including t-shirts, hooded sweatshirts, and baseball hats. Traeger, Inc. was founded in 1987 and is headquartered in Salt Lake City, Utah.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $560M | $-34M | $-115M | $13M | -67.4% | -7.4% | 238.7% |
| 2024 | $604M | $54M | $-34M | $11M | -12.3% | -0.3% | -59.7% |
| 2023 | $606M | $7M | $-84M | $44M | -29.0% | -7.6% | -77.9% |
| 2022 | $656M | $-297M | $-382M | $-14M | -114.1% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 655.90 | 605.88 | 604.07 | 559.52 |
| Operating Revenue | - | 655.90 | 605.88 | 604.07 | 559.52 |
| Cost Of Revenue | - | 427.13 | 382.32 | 348.60 | 340.17 |
| Gross Profit | - | 228.77 | 223.56 | 255.47 | 219.35 |
| Operating Expense | - | 333.07 | 274.08 | 258.41 | 220.51 |
| Selling General And Administration | - | 297.51 | 238.53 | 223.14 | 185.25 |
| Total Expenses | - | 760.20 | 656.41 | 607.02 | 560.68 |
| Operating Income | - | -104.29 | -50.52 | -2.94 | -1.16 |
| Total Operating Income As Reported | - | -345.94 | -55.45 | -2.94 | -97.73 |
| EBITDA | - | -296.52 | 6.64 | 53.86 | -33.84 |
| Normalized EBITDA | - | -54.87 | 11.56 | 53.86 | 62.73 |
| EBIT | - | -353.07 | -51.14 | -2.46 | -87.97 |
| Interest Expense | - | 27.88 | 31.28 | 33.50 | 31.35 |
| Net Interest Income | - | -27.88 | -31.28 | -33.50 | -31.35 |
| Other Non Operating Income Expenses | - | -7.13 | 4.30 | 0.48 | 9.76 |
| Other Income Expense | - | -248.78 | -0.62 | 0.48 | -86.81 |
| Interest Expense Non Operating | - | 27.88 | 31.28 | 33.50 | 31.35 |
| Net Non Operating Interest Income Expense | - | -27.88 | -31.28 | -33.50 | -31.35 |
| Pretax Income | - | -380.95 | -82.42 | -35.96 | -119.32 |
| Tax Provision | - | 1.19 | 1.98 | -1.96 | -4.14 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -50.75 | -1.03 | 0 | -3.28 |
| Net Income Continuous Operations | - | -382.14 | -84.40 | -34.01 | -115.18 |
| Net Income From Continuing And Discontinued Operation | - | -382.14 | -84.40 | -34.01 | -115.18 |
| Net Income From Continuing Operation Net Minority Interest | - | -382.14 | -84.40 | -34.01 | -115.18 |
| Net Income | - | -382.14 | -84.40 | -34.01 | -115.18 |
| Net Income Common Stockholders | - | -382.14 | -84.40 | -34.01 | -115.18 |
| Net Income Including Noncontrolling Interests | - | -382.14 | -84.40 | -34.01 | -115.18 |
| Normalized Income | - | -191.24 | -80.51 | -34.01 | -21.90 |
| Diluted NI Availto Com Stockholders | - | -382.14 | -84.40 | -34.01 | -115.18 |
| Basic Average Shares | - | 2.39 | 2.47 | 2.55 | 2.66 |
| Diluted Average Shares | - | 2.39 | 2.47 | 2.55 | 2.66 |
| Reconciled Depreciation | - | 56.55 | 57.78 | 56.33 | 54.14 |
| Reconciled Cost Of Revenue | - | 406.14 | 360.10 | 327.55 | 321.30 |
| Total Unusual Items | - | -241.65 | -4.92 | 0 | -96.56 |
| Total Unusual Items Excluding Goodwill | - | -241.65 | -4.92 | 0 | -96.56 |
| Special Income Charges | - | -241.65 | -4.92 | 0 | -96.56 |
| Other Special Charges | 5.18 | - | - | - | - |
| Impairment Of Capital Assets | - | 222.32 | 0 | 0 | 74.72 |
| Restructuring And Mergern Acquisition | - | 19.33 | 4.92 | 0 | 21.84 |
| Depreciation Amortization Depletion Income Statement | - | 35.55 | 35.55 | 35.27 | 35.26 |
| Depreciation And Amortization In Income Statement | - | 35.55 | 35.55 | 35.27 | 35.26 |
| General And Administrative Expense | - | 166.82 | 129.80 | 113.48 | 95.03 |
| Other Gand A | - | 166.82 | 129.80 | 113.48 | 95.03 |
| Selling And Marketing Expense | - | 130.69 | 108.73 | 109.66 | 90.22 |
| Amortization | - | 35.55 | 35.55 | 35.27 | 35.26 |
| Amortization Of Intangibles Income Statement | - | 35.55 | 35.55 | 35.27 | 35.26 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Traeger, Inc.this co. | COOK | $173M | -1.50 | 1.01 | -67.4% | -17.10 |
| Inspired Entertainment, Inc. | INSE | $206M | -12.13 | -12.73 | 104.9% | 5.83 |
| Motorcar Parts of America, Inc. | MPAA | $205M | -10.53 | 0.80 | -7.6% | 7.90 |
| Superior Group of Companies, Inc. | SGC | $203M | 28.99 | 1.05 | 3.6% | 11.08 |
| J.Jill, Inc. | JILL | $198M |
| - |
| - |
| - |
| - |
| 7.08 |
| 1.63 |
| 23.0% |
| 5.39 |
| RCI Hospitality Holdings, Inc. | RICK | $192M | 17.75 | 0.74 | 4.1% | 9.06 |
| OneWater Marine Inc. | ONEW | $180M | -1.57 | 0.63 | -40.2% | -17.50 |
| Black Rock Coffee Bar, Inc. | BRCB | $141M | -2344.25 | 3.08 | -0.1% | 46.69 |
| Torrid Holdings Inc. | CURV | $138M | -19.66 | -0.65 | 3.3% | 6.07 |
| Peer Median | - | -6.05 | 0.77 | 3.5% | 6.98 | |
Historically, May has averaged the highest return (+16.5%); Mar the lowest (-13.5%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.9%Neutral MonthJan 2026: +1.85% | -21.8%Negative MonthFeb 2026: -21.82% | -32.6%Negative MonthMar 2026: -32.56% | +43.7%Positive MonthApr 2026: +43.72% | +66.9%Positive MonthMay 2026: +66.89% | +13.3%Positive MonthJun 2026: +13.33% | -18.6%Negative MonthJul 2026: -18.62% | -14.0%*Negative MonthAug 2026: -14.00% | — | — | — | — |
| 2025 | +2.1%Positive MonthJan 2025: +2.09% | -4.9%Negative MonthFeb 2025: -4.92% | -27.6%Negative MonthMar 2025: -27.59% | -13.1%Negative MonthApr 2025: -13.10% | -5.5%Negative MonthMay 2025: -5.48% | +23.9%Positive MonthJun 2025: +23.91% | -5.3%Negative MonthJul 2025: -5.26% | -22.2%Negative MonthAug 2025: -22.22% | -3.2%Negative MonthSep 2025: -3.17% | -24.6%Negative MonthOct 2025: -24.59% | -1.0%Neutral MonthNov 2025: -0.98% | +18.6%Positive MonthDec 2025: +18.55% |
| 2024 | -19.8%Negative MonthJan 2024: -19.78% | +1.4%Neutral MonthFeb 2024: +1.37% | +14.0%Positive MonthMar 2024: +13.96% | -15.0%Negative MonthApr 2024: -15.02% | +20.5%Positive MonthMay 2024: +20.47% | -7.3%Negative MonthJun 2024: -7.34% | +1.7%Neutral MonthJul 2024: +1.67% | +47.1%Positive MonthAug 2024: +47.13% | +2.5%Positive MonthSep 2024: +2.51% | -15.8%Negative MonthOct 2024: -15.76% | +3.5%Positive MonthNov 2024: +3.55% | -25.5%Negative MonthDec 2024: -25.55% |
| 2023 | +28.7%Positive MonthJan 2023: +28.72% | +9.6%Positive MonthFeb 2023: +9.64% | +3.3%Positive MonthMar 2023: +3.27% | -26.0%Negative MonthApr 2023: -26.03% | +21.4%Positive MonthMay 2023: +21.38% | +15.2%Positive MonthJun 2023: +15.18% | +4.9%Positive MonthJul 2023: +4.94% | +0.2%Neutral MonthAug 2023: +0.22% | -38.9%Negative MonthSep 2023: -38.93% | -3.7%Negative MonthOct 2023: -3.66% | -14.8%Negative MonthNov 2023: -14.83% | +21.9%Positive MonthDec 2023: +21.88% |
| 2022 | -16.2%Negative MonthJan 2022: -16.20% | -3.1%Negative MonthFeb 2022: -3.14% | -24.6%Negative MonthMar 2022: -24.62% | -19.5%Negative MonthApr 2022: -19.49% | -20.7%Negative MonthMay 2022: -20.70% | -10.5%Negative MonthJun 2022: -10.53% | -27.8%Negative MonthJul 2022: -27.76% | -14.0%Negative MonthAug 2022: -14.01% | +6.8%Positive MonthSep 2022: +6.82% | +47.2%Positive MonthOct 2022: +47.16% | -22.9%Negative MonthNov 2022: -22.89% | -11.9%Negative MonthDec 2022: -11.88% |
| 2021 | — | — | — | — | — | — | — | +13.2%Positive MonthAug 2021: +13.19% | -16.7%Negative MonthSep 2021: -16.75% | -9.7%Negative MonthOct 2021: -9.75% | -31.7%Negative MonthNov 2021: -31.66% | -5.8%Negative MonthDec 2021: -5.81% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.