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Annual data and sources

TREACE MEDICAL CONCEPTS, INC. (TMCI) · Nasdaq · USD · Sector unavailable · CIK 0001630627

Annual coverage: 2019-12-31–2025-12-31 (7 periods). Financial snapshot built 2026-10-09.

TMCI annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for TREACE MEDICAL CONCEPTS, INC.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-0.93-0.93-0.47UnavailableUnavailableBasic EPS (2026-02-27)
Diluted EPS (2026-02-27)
Operating cash flow (2026-02-27) · Capex (2026-02-27)
2024
2024-12-31
-0.90-0.90-0.79UnavailableUnavailableBasic EPS (2026-02-27)
Diluted EPS (2026-02-27)
Operating cash flow (2026-02-27) · Capex (2026-02-27)
2023
2023-12-31
-0.81-0.81-0.76UnavailableUnavailableBasic EPS (2026-02-27)
Diluted EPS (2026-02-27)
Operating cash flow (2026-02-27) · Capex (2026-02-27)
2022
2022-12-31
-0.77-0.77-0.82UnavailableUnavailableBasic EPS (2025-02-27)
Diluted EPS (2025-02-27)
Operating cash flow (2025-02-27) · Capex (2025-02-27)
2021
2021-12-31
-0.43-0.43-0.41UnavailableUnavailableBasic EPS (2024-02-27)
Diluted EPS (2024-02-27)
Operating cash flow (2024-02-27) · Capex (2024-02-27)
2020
2020-12-31
-0.12-0.12-0.15UnavailableUnavailableBasic EPS (2023-03-08)
Diluted EPS (2023-03-08)
Operating cash flow (2023-03-08) · Capex (2023-03-08)
2019
2019-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2022-03-04) · Capex (2022-03-04)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-313.36Unavailable
Inputs & filings

revenue: 212690000; averageDilutedShares: 63269003; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-27)
averageDilutedShares (2026-02-27)
2024-12-313.37Unavailable
Inputs & filings

revenue: 209357000; averageDilutedShares: 62112037; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-27)
averageDilutedShares (2026-02-27)
2023-12-313.07Unavailable
Inputs & filings

revenue: 187118000; averageDilutedShares: 60852153; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 61749654

revenue (2026-02-27)
averageDilutedShares (2026-02-27)
periodEndShares (2024-02-27)
2022-12-312.57Unavailable
Inputs & filings

revenue: 141838000; averageDilutedShares: 55276834; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 55628208

revenue (2025-02-27)
averageDilutedShares (2025-02-27)
periodEndShares (2024-02-27)
2021-12-311.95Unavailable
Inputs & filings

revenue: 94419000; averageDilutedShares: 48415679; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 54181082

revenue (2024-02-27)
averageDilutedShares (2024-02-27)
periodEndShares (2023-03-08)
2020-12-311.55Unavailable
Inputs & filings

revenue: 57365000; averageDilutedShares: 37068965; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2023-03-08)
averageDilutedShares (2023-03-08)
2019-12-31UnavailableUnavailable
Inputs & filings

revenue: 39416000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2022-03-04)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-31-13.86Unavailable-31.66
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-29487000,"capex":{"accession":"0001193125-26-079167","end":"2025-12-31","filed":"2026-02-27","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-079167","end":"2025-12-31","filed":"2026-02-27","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":212690000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"netIncome":{"value":-59002000,"tag":"ProfitLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"operatingIncome":{"value":-54154000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingAssets":{"value":217094000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingCurrentLiabilities":{"value":34925000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingCapitalEmployed":{"value":182169000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":112892000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingTotalEquity":{"value":112892000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":104202000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingCash":{"value":11350000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingCommonEquity":{"value":112892000,"inputNames":["openingParentEquity","openingPreferredShares"]},"closingAssets":{"value":190581000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCurrentLiabilities":{"value":30635000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCapitalEmployed":{"value":159946000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":87332000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingTotalEquity":{"value":87332000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":103249000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCash":{"value":10708000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCommonEquity":{"value":87332000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-59002000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":171057500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":100112000,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -13.863839390662466; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -31.658360492816744

fcfMargin component 1 (2026-02-27) · fcfMargin component 2 (2026-02-27) · fcfMargin component 3 (2026-02-27)
cashConversion component 1 (2026-02-27) · cashConversion component 2 (2026-02-27) · cashConversion component 3 (2026-02-27)
roce component 1 (2026-02-27) · roce component 2 (2026-02-27) · roce component 3 (2026-02-27) · roce component 4 (2026-02-27) · roce component 5 (2026-02-27)
2024-12-31-23.29Unavailable-28.63
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-48760000,"capex":{"accession":"0001193125-26-079167","end":"2024-12-31","filed":"2026-02-27","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-079167","end":"2024-12-31","filed":"2026-02-27","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":209357000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"netIncome":{"value":-55743000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"operatingIncome":{"value":-55688000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingAssets":{"value":251907000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"openingCurrentLiabilities":{"value":45033000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"openingCapitalEmployed":{"value":206874000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":137938000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":113969000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"openingCash":{"value":12982000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":217094000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCurrentLiabilities":{"value":34925000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCapitalEmployed":{"value":182169000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":112892000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingTotalEquity":{"value":112892000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":104202000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCash":{"value":11350000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingCommonEquity":{"value":112892000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-55743000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":194521500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -23.29036048472227; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -28.628197911284868

fcfMargin component 1 (2026-02-27) · fcfMargin component 2 (2026-02-27) · fcfMargin component 3 (2026-02-27)
cashConversion component 1 (2026-02-27) · cashConversion component 2 (2026-02-27) · cashConversion component 3 (2026-02-27)
roce component 1 (2026-02-27) · roce component 2 (2025-02-27) · roce component 3 (2025-02-27) · roce component 4 (2026-02-27) · roce component 5 (2026-02-27)
2023-12-31-24.60Unavailable-30.64
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-46033000,"capex":{"accession":"0001193125-26-079167","end":"2023-12-31","filed":"2026-02-27","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-079167","end":"2023-12-31","filed":"2026-02-27","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":187118000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"netIncome":{"value":-49527000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"operatingIncome":{"value":-51428000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingAssets":{"value":159024000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingCurrentLiabilities":{"value":30245000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingCapitalEmployed":{"value":128779000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":60529000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":98495000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingCash":{"value":19473000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":251907000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"closingCurrentLiabilities":{"value":45033000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"closingCapitalEmployed":{"value":206874000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":137938000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":113969000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"closingCash":{"value":12982000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-49527000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-27","accession":"0001193125-26-079167","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":167826500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":-49527000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"averageCommonEquity":{"value":99233500,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":60529000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":60529000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"closingCommonEquity":{"value":137938000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":137938000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"}}}}; fcfMargin: -24.601053880439082; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -30.643551524937955

fcfMargin component 1 (2026-02-27) · fcfMargin component 2 (2026-02-27) · fcfMargin component 3 (2026-02-27)
cashConversion component 1 (2026-02-27) · cashConversion component 2 (2026-02-27) · cashConversion component 3 (2026-02-27)
roce component 1 (2026-02-27) · roce component 2 (2024-02-27) · roce component 3 (2024-02-27) · roce component 4 (2025-02-27) · roce component 5 (2025-02-27)
2022-12-31-32.07Unavailable-27.72
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-45486000,"capex":{"accession":"0000950170-25-029029","end":"2022-12-31","filed":"2025-02-27","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-25-029029","end":"2022-12-31","filed":"2025-02-27","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":141838000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"netIncome":{"value":-42815000,"tag":"ProfitLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"operatingIncome":{"value":-34844000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"openingAssets":{"value":140821000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"openingCurrentLiabilities":{"value":18210000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"openingCapitalEmployed":{"value":122611000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":93073000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":47748000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"openingCash":{"value":105833000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-42815000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0000950170-25-029029","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":125695000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":-42815000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"averageCommonEquity":{"value":76801000,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":93073000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":93073000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"closingCommonEquity":{"value":60529000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":60529000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"}}}}; fcfMargin: -32.06898010406238; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -27.721070846095706

fcfMargin component 1 (2025-02-27) · fcfMargin component 2 (2025-02-27) · fcfMargin component 3 (2025-02-27)
cashConversion component 1 (2025-02-27) · cashConversion component 2 (2025-02-27) · cashConversion component 3 (2025-02-27)
roce component 1 (2025-02-27) · roce component 2 (2023-03-08) · roce component 3 (2023-03-08) · roce component 4 (2024-02-27) · roce component 5 (2024-02-27)
2021-12-31-21.07Unavailable-21.61
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-19898000,"capex":{"accession":"0000950170-24-021228","end":"2021-12-31","filed":"2024-02-27","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-24-021228","end":"2021-12-31","filed":"2024-02-27","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":94419000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"netIncome":{"value":-20552000,"tag":"ProfitLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"operatingIncome":{"value":-16510000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingAssets":{"value":41807000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingCurrentLiabilities":{"value":11597000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingCapitalEmployed":{"value":30210000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":776000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":41031000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingCash":{"value":18079000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -21.07414821169468; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -21.606978098559754

fcfMargin component 1 (2024-02-27) · fcfMargin component 2 (2024-02-27) · fcfMargin component 3 (2024-02-27)
cashConversion component 1 (2024-02-27) · cashConversion component 2 (2024-02-27) · cashConversion component 3 (2024-02-27)
roce component 1 (2024-02-27) · roce component 2 (2022-03-04) · roce component 3 (2022-03-04) · roce component 4 (2023-03-08) · roce component 5 (2023-03-08)
2020-12-31-9.70UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-5563000,"capex":{"accession":"0000950170-23-006603","end":"2020-12-31","filed":"2023-03-08","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-23-006603","end":"2020-12-31","filed":"2023-03-08","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":57365000,"tag":"Revenues","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"netIncome":{"value":-3668000,"tag":"ProfitLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"operatingIncome":{"value":855000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31"},"openingParentEquity":{"value":3161000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":12139000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":41807000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"closingCurrentLiabilities":{"value":11597000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"closingCapitalEmployed":{"value":30210000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":776000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-27","accession":"0000950170-24-021228","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":41031000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"closingCash":{"value":18079000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-4308000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -9.697550771376275; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31

fcfMargin component 1 (2023-03-08) · fcfMargin component 2 (2023-03-08) · fcfMargin component 3 (2023-03-08)
cashConversion component 1 (2023-03-08) · cashConversion component 2 (2023-03-08) · cashConversion component 3 (2023-03-08)
roce component 1 (2023-03-08) · roce component 2 (2022-03-04) · roce component 3 (2022-03-04)
2019-12-31-22.54UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-8884000,"capex":{"accession":"0000950170-22-002903","end":"2019-12-31","filed":"2022-03-04","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-22-002903","end":"2019-12-31","filed":"2022-03-04","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":39416000,"tag":"Revenues","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"netIncome":{"value":-4265000,"tag":"ProfitLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"operatingIncome":{"value":-3535000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31"},"openingParentEquity":{"value":5948000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":1284000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31"},"closingParentEquity":{"value":3161000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-03-08","accession":"0000950170-23-006603","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":12139000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-4905000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-04","accession":"0000950170-22-002903","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -22.539070428252487; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31

fcfMargin component 1 (2022-03-04) · fcfMargin component 2 (2022-03-04) · fcfMargin component 3 (2022-03-04)
cashConversion component 1 (2022-03-04) · cashConversion component 2 (2022-03-04) · cashConversion component 3 (2022-03-04)
roce component 1 (2022-03-04)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-31212,690,000.00-25.46-27.74
Inputs & filings

revenue: 212690000; operatingIncome: -54154000; netIncome: -59002000

revenue (2026-02-27)
operatingIncome (2026-02-27)
netIncome (2026-02-27)
2024-12-31209,357,000.00-26.60-26.63
Inputs & filings

revenue: 209357000; operatingIncome: -55688000; netIncome: -55743000

revenue (2026-02-27)
operatingIncome (2026-02-27)
netIncome (2026-02-27)
2023-12-31187,118,000.00-27.48-26.47
Inputs & filings

revenue: 187118000; operatingIncome: -51428000; netIncome: -49527000

revenue (2026-02-27)
operatingIncome (2026-02-27)
netIncome (2026-02-27)
2022-12-31141,838,000.00-24.57-30.19
Inputs & filings

revenue: 141838000; operatingIncome: -34844000; netIncome: -42815000

revenue (2025-02-27)
operatingIncome (2025-02-27)
netIncome (2025-02-27)
2021-12-3194,419,000.00-17.49-21.77
Inputs & filings

revenue: 94419000; operatingIncome: -16510000; netIncome: -20552000

revenue (2024-02-27)
operatingIncome (2024-02-27)
netIncome (2024-02-27)
2020-12-3157,365,000.001.49-6.39
Inputs & filings

revenue: 57365000; operatingIncome: 855000; netIncome: -3668000

revenue (2023-03-08)
operatingIncome (2023-03-08)
netIncome (2023-03-08)
2019-12-3139,416,000.00-8.97-10.82
Inputs & filings

revenue: 39416000; operatingIncome: -3535000; netIncome: -4265000

revenue (2022-03-04)
operatingIncome (2022-03-04)
netIncome (2022-03-04)

TREACE MEDICAL CONCEPTS, INC. (TMCI) P/E ratio history

The interactive P/E chart contains all 286 stored weekly price points (2021-04-23–2026-10-08); 0 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

No positive annual EPS with an eligible fiscal-year-end price is available in this snapshot.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (7 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-262.42Adjusted closeUnavailableUnavailableBasic EPS (2026-02-27) Diluted EPS (2026-02-27)
2024-12-312024-12-276.98Adjusted closeUnavailableUnavailableBasic EPS (2026-02-27) Diluted EPS (2026-02-27)
2023-12-312023-12-2912.75Adjusted closeUnavailableUnavailableBasic EPS (2026-02-27) Diluted EPS (2026-02-27)
2022-12-312022-12-3022.99Adjusted closeUnavailableUnavailableBasic EPS (2025-02-27) Diluted EPS (2025-02-27)
2021-12-312021-12-3118.64Adjusted closeUnavailableUnavailableBasic EPS (2024-02-27) Diluted EPS (2024-02-27)
2020-12-31UnavailableUnavailableUnavailableUnavailableUnavailableBasic EPS (2023-03-08) Diluted EPS (2023-03-08)
2019-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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