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Traeger (COOK) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Traeger
NYSE•Consumer Cyclical•Furnishings, Fixtures & Appliances
$49.97+1.36(0.03%)Market closed
Market Cap
$133.79M
P/S
0.3x
P/B
0.8x

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.

D

How this company scores

WeakMetricSide Score: 32/100

Grade capped at D — Interest coverage below 1× (-3.0x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (16/25); weakest: Profitability (4/25).

Profitability4/25
Growth5/25
Balance Sheet & Red Flags7/25
Cash & Earnings Quality16/25
Strengths
Rising free cash flowNet cash positionNo share dilution
Grade capped at D
  • Interest coverage below 1× (-3.0x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 0.3x5y range 0.2x – 47.4x
P/S 0.3x · below its 18-quarter median

Currently below its 18-quarter median.

P/B · 0.8x5y range 0.4x – 192.4x
P/B 0.8x · below its 20-quarter median

Currently below its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 3.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume
Market Cap $133.79M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$484.98M
3Q
Q. Revenue
$120.16M
17%
TTM EBITDA
$-62.52M
351%
TTM Op. Income
$-97.77M
845%
Q. Op. Income
$-1.71M
72%
TTM Net Income
$-112.65M
223%
Q. Net Income
$-8.56M
16%
EPS
$-3.12
5100%
Shares Out.
$2.75M
98%
$484.98M in TTM revenue declined 16.3% YoY, reaching $120.16M last quarter. TTM EBITDA of $-62.52M and TTM operating income of $-97.77M show growth is flowing through to the bottom line. However, net income is negative at $112.65M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
39.5%
1%
EBITDA Margin
5.9%
216%
Op. Margin
-1.4%
66%
Net Margin
-7.1%
40%
Op. margin of -1.4% is up 2.8% YoY — cost efficiency is improving. Net margin at -7.1% and gross margin of 39.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 66% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
0.3x
99%
P/B Ratio
0.8x
98%
P/S of 0.3x and P/B of 0.8x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$654.74M
6Q
Cash
$59.69M
3Q
Long-Term Debt
N/A
Book Value
$167.29M
39%
D/E Ratio
N/A
Debt/EBITDA
0.0
100%

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$27.11M
3Q
TTM Free Cash Flow
$61.56M
3Q
FCF Margin
12.7%
3Q
FCF / Net Income
-0.5
3Q
TTM FCF of $61.56M on $27.11M in operating cash flow. The FCF / Net Income ratio of -0.5x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.

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Revenue Decline

Red Flag

TTM revenue has contracted 10.4% — significant decline indicating deteriorating demand.