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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin79.7%-0.1pp79.8%-0.1pp79.9%-0.2pp80.1%-0.1pp80.2%-0.1pp
Operating margin-26.9%-1.4pp-25.5%-3.3pp-22.1%+0.3pp-22.4%+2.4pp-24.8%+1.8pp
Net margin-29.4%-1.7pp-27.7%-4.8pp-22.9%+0.1pp-23%+2.1pp-25.1%+1.5pp
EBITDA margin-22.5%-2.0pp-20.5%-2.9pp-17.5%+0.5pp-18%+2.6pp-20.6%+2.0pp
Free cash flow margin-12.5%+1.3pp-13.9%-1.8pp-12%+1.6pp-13.6%+3.9pp-17.5%+5.8pp
Returns
Return on equity-66.9%-7.9pp-58.9%-7.3pp-51.6%-4.7pp-46.9%-1.2pp-45.7%-1.3pp
Return on assets-31.3%-2.4pp-28.9%-4.5pp-24.5%-1.7pp-22.7%+0.9pp-23.6%+0.1pp
Return on invested capital-37.1%-3.2pp-33.9%-3.1pp-30.8%-1.2pp-29.6%+0.4pp-30%+0.4pp
Efficiency
Asset turnover1.1×0.0×0.0×1.1×+0.1×0.0×0.9×0.0×
Inventory turnover1.1×0.0×1.1×+0.1×0.0×-0.1×1.1×-0.1×
Liquidity
Current ratio3.6×-0.7×4.3×+0.9×3.4×-0.1×3.5×-1.0×4.5×-0.1×
Quick ratio2.5×-0.6×3.1×+0.8×2.4×-0.2×2.5×-0.8×3.4×-0.1×
Cash ratio0.3×-0.1×0.3×+0.2×0.2×0.0×0.2×-0.2×0.4×+0.1×
Leverage
Debt-to-equity0.9×+0.1×0.8×0.0×0.8×+0.1×0.7×+0.1×0.7×0.0×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×0.0×0.3×0.0×0.3×0.0×
Interest coverage-10×+0.2×-10.2×-1.0×-9.2×-0.1×-9.1×+0.9×-10×+0.6×
Per Share
Book value per share$1.20-13.4%$1.38-1.7%$1.40-9.4%$1.55-7.8%$1.68-7.5%
Valuation
Market capitalization$258.19M-26.6%$156.11M-63.2%$423.89M+13.8%$372.4M-29.1%$525.37M+13.4%
Enterprise value$320.25M-22.6%$217.26M-55.3%$486.58M+12.0%$434.44M-25.3%$581.36M+11.4%
Price / sales1.3×-0.4×0.7×-1.2×1.9×+0.2×1.7×-0.7×2.5×+0.3×
Price / book3.3×-0.3×1.8×-3.0×4.8×+0.9×3.8×-1.2×+0.9×
EV / sales1.5×-0.4×-1.2×2.2×+0.2×-0.7×2.8×+0.3×
Free cash flow yield-10.1%-1.8pp-18.9%-12.7pp-6.2%+1.6pp-7.8%-0.8pp-7%+3.5pp
Earnings yield-23.6%-9.7pp-37.8%-26.0pp-11.8%+1.4pp-13.2%-3.1pp-10.1%+1.9pp

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Questions, answered.

What are Treace Medical Concepts, Inc.'s profit margins?
Treace Medical Concepts, Inc. (TMCI) runs a 79.7% gross margin and a -26.9% operating margin, with a -29.4% net margin.
Where do Treace Medical Concepts, Inc.'s ratios come from?
Every ratio is computed from Treace Medical Concepts, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.