TRWD (Tradewinds Universal) Owner Earnings per Share (TTM): (As of Dec. 2025)

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What is Tradewinds Universal Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Tradewinds Universal does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Tradewinds Universal's Owner Earnings per Share (TTM) or its related term are showing as below:



TRWD's Price-to-Owner-Earnings is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 14.665
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Tradewinds Universal's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was $-0.01. Tradewinds Universal does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025.

Tradewinds Universal's EPS without NRI for the six months ended in Dec. 2025 was $-0.01. Tradewinds Universal does not have enough years/quarters to calculate its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Tradewinds Universal Owner Earnings per Share (TTM) Related Terms


Tradewinds Universal Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Tradewinds Universal's Owner Earnings per Share (TTM) 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.

Tradewinds Universal Owner Earnings per Share (TTM) Chart

Tradewinds Universal Annual Data
Trend Dec24 Dec25
Owner Earnings per Share (TTM)
0.00 0.00

Tradewinds Universal Semi-Annual Data
Dec24 Dec25
Owner Earnings per Share (TTM) 0.00 0.00

TRWD vs MEHA, BSFC, NBND: Owner Earnings per Share (TTM) Comparison

For the Packaged Foods subindustry, Tradewinds Universal's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Tradewinds Universal Price-to-Owner-Earnings vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tradewinds Universal's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Tradewinds Universal's Price-to-Owner-Earnings falls into.



Tradewinds Universal Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Tradewinds Universal does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Tradewinds Universal Business Description

Address 501 Mercury Lane, Brea, CA, USA, 92821
Tradewinds Universal is a holding company. Through its subsidiaries, the company is focused on the formulation, manufacturing, marketing, and distribution of UP Proteins nutrition products, including protein bars, powder, drinks, cookies, and other health-related products. It has also acquired a formula for developing, manufacturing, and distributing dog treats to alleviate pain. The company's main revenue streams are from the sale of distribution territories for its protein bars, affiliate commissions, and licensing agreements for its dog formula.