Tile Shop Holdings (FRA:2TS0) Debt-to-Equity: 1.83 (As of Dec. 2025) — 58% Above Median

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FRA:2TS0 Tile Shop Holdings Inc FRA:2TS0
54 GF Score
Price €2.93
GF Value €5.91
! 5 Warning Signs
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What is Tile Shop Holdings Debt-to-Equity?

Tile Shop Holdings FRA:2TS0 54 Debt-to-Equity is 1.83 as of Dec. 2025, which is 58% above its 10-year median of 1.16. GuruFocus rates FRA:2TS0 with a GF Score™ of 54/100 and a GF Value™ of €5.91. The stock has 5 warning signs investors should review. Among 1,023 Retail - Cyclical companies, Tile Shop Holdings ranks worse than 85.04% on this metric.

Tile Shop Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €25.5 Mil. Tile Shop Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €111.0 Mil. Tile Shop Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €74.5 Mil. Tile Shop Holdings's debt to equity for the quarter that ended in Dec. 2025 was 1.83.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tile Shop Holdings's Debt-to-Equity or its related term are showing as below:

FRA:2TS0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 1.16   Max: 1.83
Current: 1.83

During the past 13 years, the highest Debt-to-Equity Ratio of Tile Shop Holdings was 1.83. The lowest was 0.19. And the median was 1.16.

FRA:2TS0's Debt-to-Equity is ranked worse than
85.04% of 1023 companies
in the Retail - Cyclical industry
Industry Median: 0.57 vs FRA:2TS0: 1.83

Tile Shop Holdings  (FRA:2TS0) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Tile Shop Holdings Debt-to-Equity Related Terms


Tile Shop Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tile Shop Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tile Shop Holdings Debt-to-Equity Chart

Tile Shop Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.62 1.17 1.16 1.83

Tile Shop Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.16 1.14 1.14 1.11 1.83

FRA:2TS0 vs LIVE, HVT, HD: Debt-to-Equity Comparison

For the Home Improvement Retail subindustry, Tile Shop Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tile Shop Holdings Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tile Shop Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tile Shop Holdings's Debt-to-Equity falls into.


FRA:2TS0
54GF Score
Tile Shop Holdings Inc FRA:2TS0
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Tile Shop Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tile Shop Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Tile Shop Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.83 mean?
Tile Shop Holdings (FRA:2TS0) has a Debt-to-Equity of 1.83 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tile Shop Holdings and its competitors. This is 58% above median its historical median of 1.16. Over the past decade, Tile Shop Holdings' Debt-to-Equity has ranged from 0.19 to 1.83. According to the industry distribution chart, Tile Shop Holdings ranks #870 out of 1023 companies in the Retail - Cyclical industry, placing it in the top 85%.
Is Tile Shop Holdings' Debt-to-Equity too high?
Tile Shop Holdings' current Debt-to-Equity of 1.83 is 58% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.83. The Retail - Cyclical industry median Debt-to-Equity is 0.57. Tile Shop Holdings' value of 1.83 is 221.1% above this industry median. Based on the distribution chart, Tile Shop Holdings ranks #870 out of 1023 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Tile Shop Holdings has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Tile Shop Holdings' Debt-to-Equity compare to LIVE and HVT?
According to the Retail - Cyclical industry distribution chart, Tile Shop Holdings ranks #870 out of 1023 companies for Debt-to-Equity. This places Tile Shop Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.57. Tile Shop Holdings' value of 1.83 is 221.1% above this benchmark. Historically, Tile Shop Holdings' own Debt-to-Equity has ranged from 0.19 to 1.83 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.57, Tile Shop Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.57, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tile Shop Holdings's current Debt-to-Equity of 1.83 is 221.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tile Shop Holdings and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tile Shop Holdings's current Debt-to-Equity is 1.83, which is 58% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tile Shop Holdings stock overvalued right now?
Tile Shop Holdings (FRA:2TS0) has a current Debt-to-Equity of 1.83. The stock's GF Value™ is €5.91, compared to a current price of €2.93 — trading 50.5% below its estimated fair value. The current Debt-to-Equity is 1.83, which is 58% above median its 10-year median of 1.16 and 221.1% above the Retail - Cyclical industry median of 0.57. Tile Shop Holdings' overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Tile Shop Holdings (FRA:2TS0), the current Debt-to-Equity is 1.83 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tile Shop Holdings (FRA:2TS0) Overvalued in 2026?

Based on GuruFocus' analysis, Tile Shop Holdings stock appears to be undervalued. The current stock price of €2.93 is trading 50.5% below its estimated GF Value™ of €5.91.

Key valuation signals for FRA:2TS0:

  • Debt-to-Equity: 1.83 (58% above median its 10-year median of 1.16)
  • GF Value™: €5.91 vs. price of €2.93 (50.5% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 221.1% above the Retail - Cyclical median (#870 of 1023)

No single metric tells the full story. See the FRA:2TS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tile Shop Holdings Business Description

Other Exchanges TTSH:USA
Address 14000 Carlson Parkway, Plymouth, MN, USA, 55441
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The company earns majority of their revenue in the United States.
54GF Score

Get the complete analysis for FRA:2TS0

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.93
Price
€5.91
GF Value