Triple Flag Prec Financials

TFPM

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Triple Flag Prec (TFPM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TFPM FY2025 2026-04-22

The business runs on cash conversion from a lightly leveraged asset base, with accounting profit swinging more than cash.

Earnings quality stayed stronger than net income suggested: during the loss year, a -$23.1M net loss still coincided with $213.5M of operating cash flow. The following year, profit rebounded to $240.0M while operating cash flow reached $312.8M, implying the cash engine remained intact before reported earnings fully normalized and without leaning on debt.

The balance sheet is exceptionally unleveraged, with long-term debt of just $1.1M against equity of $2.0B. That means shareholder returns are being generated by the asset base itself rather than by financial leverage, and interest burden barely shapes the result.

Liquidity and cash obligations look comfortably separated: current assets covered current liabilities by 3.9x. Dividends of $45.8M were far below operating cash flow of $312.8M, and modest inventory plus receivables suggest day-to-day funding needs are not the main constraint on cash generation.

Financial Health Signals

Financial Profile 50/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Triple Flag Prec's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Triple Flag Prec's revenue surged 44.5% year-over-year to $388.7M, reflecting rapid business expansion. This strong growth earns a score of 97/100.

Leverage

100

Triple Flag Prec carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.92, Triple Flag Prec holds $3.92 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 77/100.

Returns

Triple Flag Prec generates a 11.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 24/100. This is up from -1.3% the prior year.

Piotroski F-Score Strong

7/9

Triple Flag Prec passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.30x

For every $1 of reported earnings, Triple Flag Prec generates $1.30 in operating cash flow ($312.8M OCF vs $240.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$388.7M

YoY+44.5%

Triple Flag Prec generated $388.7M in revenue in fiscal year 2025. This represents an increase of 44.5% from the prior year.

EBITDA

N/A

Net Income

$240.0M

YoY+1139.7%

Triple Flag Prec reported $240.0M in net income in fiscal year 2025. This represents an increase of 1139.7% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$71.3M

YoY+96.7%

Triple Flag Prec held $71.3M in cash against $1.1M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

207M

YoY+2.6%

Triple Flag Prec had 207M shares outstanding in fiscal year 2025. This represents an increase of 2.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

61.7%

YoY+70.3pp

Triple Flag Prec's net profit margin was 61.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 70.3 percentage points from the prior year.

Return on Equity

11.7%

YoY+13.1pp

Triple Flag Prec's ROE was 11.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 13.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

TFPM Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$388.7M+44.5%	$269.0M+31.8%	$204.0M+34.3%	$151.9M+1.0%	$150.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	$95K+17.3%	$81K
Income Tax	$29.4M+184.6%	$10.3M+9539.3%	$107K-97.8%	$4.8M-25.6%	$6.4M
Net Income	$240.0M+1139.7%	-$23.1M-163.6%	$36.3M-34.1%	$55.1M+21.0%	$45.5M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Revenue	N/A	$94.1M	N/A	$63.6M	N/A	$52.6M	N/A	$36.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	$4.6M	N/A	$260K	N/A	$1.6M	N/A	$1.3M
Net Income	N/A	$55.7M	N/A	-$111.4M	N/A	$16.0M	N/A	$10.9M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

TFPM Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$2.1B+19.4%	$1.8B-6.6%	$1.9B+41.7%	$1.3B+2.6%	$1.3B
Current Assets	$152.8M+102.0%	$75.6M+32.6%	$57.0M-37.0%	$90.6M+25.1%	$72.4M
Cash & Equivalents	$71.3M+96.7%	$36.2M+108.6%	$17.4M-75.6%	$71.1M+74.8%	$40.7M
Inventory	$4.7M+21.6%	$3.8M+175.5%	$1.4M	N/A	$1.4M
Accounts Receivable	$22.8M+34.3%	$17.0M+23.5%	$13.7M+42.9%	$9.6M+36.7%	$7.0M
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$68.3M+99.2%	$34.3M-59.1%	$83.7M+351.3%	$18.6M+111.1%	$8.8M
Current Liabilities	$38.9M+43.6%	$27.1M+56.7%	$17.3M+37.6%	$12.6M+181.6%	$4.5M
Long-Term Debt	$1.1M-21.0%	$1.4M-21.8%	$1.8M+7.1%	$1.6M+91.4%	$857K
Total Equity	$2.0B+17.8%	$1.7B-4.1%	$1.8B+37.3%	$1.3B+1.8%	$1.3B
Retained Earnings	$164.9M+793.9%	-$23.8M-150.8%	$46.8M-26.4%	$63.7M+58.0%	$40.3M

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Total Assets	$2.1B+14.3%	$1.8B+4.4%	$1.8B+1.7%	$1.7B-8.1%	$1.9B-1.5%	$1.9B+43.8%	$1.3B	N/A
Current Assets	$152.8M+24.6%	$122.7M+62.1%	$75.6M+29.6%	$58.4M+2.3%	$57.0M+16.0%	$49.2M-45.7%	$90.6M	N/A
Cash & Equivalents	$71.3M-12.8%	$81.8M+125.6%	$36.2M+72.1%	$21.1M+21.2%	$17.4M+5.7%	$16.4M-76.9%	$71.1M-4.5%	$74.4M
Inventory	$4.7M+140.0%	$1.9M-49.3%	$3.8M+85.5%	$2.1M+48.5%	$1.4M	N/A	N/A	N/A
Accounts Receivable	$22.8M+24.2%	$18.3M+8.2%	$17.0M-2.1%	$17.3M+26.2%	$13.7M-7.3%	$14.8M+54.1%	$9.6M	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$68.3M+68.2%	$40.6M+18.5%	$34.3M-14.3%	$40.0M-52.3%	$83.7M+2.4%	$81.8M+340.9%	$18.6M	N/A
Current Liabilities	$38.9M+34.0%	$29.1M+7.1%	$27.1M+169.6%	$10.1M-41.9%	$17.3M+63.2%	$10.6M-15.7%	$12.6M	N/A
Long-Term Debt	$1.1M-12.8%	$1.2M-9.5%	$1.4M-10.1%	$1.5M-13.0%	$1.8M-7.9%	$1.9M+16.2%	$1.6M	N/A
Total Equity	$2.0B+13.1%	$1.8B+4.2%	$1.7B+2.0%	$1.7B-6.1%	$1.8B-1.6%	$1.8B+39.6%	$1.3B+0.8%	$1.3B
Retained Earnings	$164.9M+221.7%	$51.3M+315.7%	-$23.8M+63.6%	-$65.3M-239.4%	$46.8M-33.4%	$70.3M+10.5%	$63.7M	N/A

TFPM Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$312.8M+46.5%	$213.5M+38.5%	$154.1M+30.2%	$118.4M-1.4%	$120.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$218.0M-165.9%	-$82.0M+61.5%	-$213.0M-335.4%	-$48.9M-1.6%	-$48.1M
Financing Cash Flow	-$59.9M+46.8%	-$112.6M-2297.9%	$5.1M+113.2%	-$38.8M+25.2%	-$51.8M
Dividends Paid	$45.8M+5.9%	$43.3M+4.8%	$41.3M+35.9%	$30.4M+104.9%	$14.8M
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Operating Cash Flow	N/A	$76.1M	N/A	$49.4M	N/A	$40.9M	N/A	$29.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	-$12K	N/A	-$6.8M	N/A	-$24.7M	N/A	-$5.4M
Financing Cash Flow	N/A	-$13.1M	N/A	-$50.9M	N/A	-$21.4M	N/A	-$8.1M
Dividends Paid	N/A	$11.0M	N/A	$10.6M	N/A	$10.1M	N/A	$7.4M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

TFPM Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	61.7%+70.3pp	-8.6%-26.4pp	17.8%-18.5pp	36.3%+6.0pp	30.3%
Return on Equity	11.7%+13.1pp	-1.3%-3.3pp	2.0%-2.2pp	4.2%+0.7pp	3.5%
Return on Assets	11.4%+12.7pp	-1.3%-3.2pp	1.9%-2.2pp	4.1%+0.6pp	3.5%
Current Ratio	3.92+1.1	2.79-0.5	3.29-3.9	7.20-9.0	16.20
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	59.2%	N/A	-175.3%	N/A	30.5%	N/A	29.9%
Return on Equity	N/A	3.1%	N/A	-6.6%	N/A	0.9%	N/A	0.8%
Return on Assets	N/A	3.0%	N/A	-6.4%	N/A	0.8%	N/A	N/A
Current Ratio	3.92-0.3	4.22+1.4	2.79-3.0	5.80+2.5	3.29-1.3	4.64-2.6	7.20	N/A
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Triple Flag Prec's annual revenue?

Triple Flag Prec (TFPM) reported $388.7M in total revenue for fiscal year 2025. This represents a 44.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Triple Flag Prec's revenue growing?

Triple Flag Prec (TFPM) revenue grew by 44.5% year-over-year, from $269.0M to $388.7M in fiscal year 2025.

Is Triple Flag Prec profitable?

Yes, Triple Flag Prec (TFPM) reported a net income of $240.0M in fiscal year 2025, with a net profit margin of 61.7%.

How much debt does Triple Flag Prec have?

As of fiscal year 2025, Triple Flag Prec (TFPM) had $71.3M in cash and equivalents against $1.1M in long-term debt.

What is Triple Flag Prec's net profit margin?

Triple Flag Prec (TFPM) had a net profit margin of 61.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Triple Flag Prec's return on equity (ROE)?

Triple Flag Prec (TFPM) has a return on equity of 11.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Triple Flag Prec's operating cash flow?

Triple Flag Prec (TFPM) generated $312.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Triple Flag Prec's total assets?

Triple Flag Prec (TFPM) had $2.1B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Triple Flag Prec have outstanding?

Triple Flag Prec (TFPM) had 207M shares outstanding as of fiscal year 2025.

What is Triple Flag Prec's current ratio?

Triple Flag Prec (TFPM) had a current ratio of 3.92 as of fiscal year 2025, which is generally considered healthy.

What is Triple Flag Prec's debt-to-equity ratio?

Triple Flag Prec (TFPM) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Triple Flag Prec's return on assets (ROA)?

Triple Flag Prec (TFPM) had a return on assets of 11.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Triple Flag Prec's Piotroski F-Score?

Triple Flag Prec (TFPM) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Triple Flag Prec's earnings high quality?

Triple Flag Prec (TFPM) has an earnings quality ratio of 1.30x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Triple Flag Prec?

Triple Flag Prec (TFPM) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.