Latest revenue
$19.7M
as of 2026-03-31
Latest net income
$222.0K
as of 2026-03-31
Net margin
1.1%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $19.2M
- Enterprise value
- $19.2M
- P/E (trailing)
- 2.1×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 31.8%
- 52-wk high
- $3.78
- 52-wk low
- $2.20
- Beta
- —
- Shares out
- 8.1M
5-year trend
What this company does
ITEM 1. The following discussion, as well as other portions of this Form 10-K, contains forward-looking statements that reflect our plans, estimates and beliefs. Any such forward-looking statements (including, but not limited to, statements to the effect that Tandy Leather Factory, Inc. (“TLF”) or its management “anticipates,” “plans,” “estimates,” “expects,” “believes,” “intends,” and other similar expressions) that are not statements of historical fact should be considered forward-looking statements and should be read in conjunction with our Consolidated Financial Statements and related notes contained elsewhere in this report. These forward-looking statements are made based upon…
AI summary unavailable — showing raw filing excerpt
Generated from TLF's filing dated 2026-02-24
Key risks
ITEM 1A. Risks Related to our Business and Business Strategy The successful execution of our multi-year transformation and operational efficiency initiatives is key to the long-term growth of our business. The Company continues to implement a large number of initiatives to transform the Company’s business, improve sales long term and improve operational efficiency. These include the closing or relocation of underperforming stores and opening of new store concepts, pricing and marketing initiatives, systems improvements, and other changes. The Company believes that long-term growth will be realized through these transformational efforts over time, however there is no assurance that such…
AI summary unavailable — showing raw filing excerpt
Generated from TLF's filing dated 2026-02-24
Profitability
Gross margin
57.0%
1.5%Operating margin
-1.3%
249.5%Net margin
11.9%
972.7%Return on equity
17.3%
1079.2%Return on assets
10.5%
851.9%Leverage
Debt / equity
0.65×
96.3%Long-term debt / equity
0.00×
100.0%Debt / assets
39.3%
58.5%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $19.7M | +3.2% | $222.0K | -98.1% | 1.1% |
Q4 2025 2025-12-31 | $22.3M | +8.7% | $-930.0K | -379.3% | -4.2% |
Q3 2025 2025-09-30 | $17.3M | -0.5% | $-1.4M | -924.2% | -7.8% |
Q2 2025 2025-06-30 | $17.8M | +2.8% | $-199.0K | -297.0% | -1.1% |
Q1 2025 2025-03-31 | $19.0M | -1.2% | $11.6M | +2106.3% | 60.8% |
Q4 2024 2024-12-31 | $20.5M | — | $333.0K | — | 1.6% |
Q3 2024 2024-09-30 | $17.4M | -1.1% | $-132.0K | -120.8% | -0.8% |
Q2 2024 2024-06-30 | $17.3M | -1.1% | $101.0K | -81.0% | 0.6% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Leather & Leather Products · SIC 3100
Your notes
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Insider activity
Insider buying
$0
Insider selling
$0
Net activity
+$0
Distinct insiders
0
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns TLF
Institutional value
$8.7M
Total shares held
3.8M
Distinct holders
12
-13 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Bandera Partners LLC | 2.9M | $6.6M | +0 (+0.0%) | No change |
| 2 | Value Investment Professionals, LLC | 367.9K | $849.8K | +183.9K (+100.0%) | Added |
| 3 | FIRST FOUNDATION ADVISORS | 224.3K | $518.2K | -225.1K (-50.1%) | Trimmed |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 131.4K | $303.6K | — | New |
| 5 | MONEY CONCEPTS CAPITAL CORP | 80.6K | $186.2K | +0 (+0.0%) | No change |
| 6 | Values First Advisors, Inc. | 57.8K | $133.5K | +15.2K (+35.8%) | Added |
| 7 | VANGUARD FIDUCIARY TRUST CO | 27.9K | $64.5K | — | New |
| 8 | DIMENSIONAL FUND ADVISORS LP | 18.0K | $41.7K | -1.1K (-5.5%) | Trimmed |
| 9 | JAMES INVESTMENT RESEARCH, INC. | 12.6K | $29.0K | +0 (+0.0%) | No change |
| 10 | CALDWELL SUTTER CAPITAL, INC. | 2 | $5 | +0 (+0.0%) | No change |
| 11 | UBS Group AG | 1 | $2 | -107 (-99.1%) | Trimmed |
| 12 | WELLS FARGO & COMPANY/MN | 1 | $1 | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once TLF's latest filing finishes processing.