13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $38M | -$31M | 18.6% | -31.8% | -28.1% | -25.0% | -$6M | — | $33M |
| 2024 | $43M | -$3M | 20.8% | 9.3% | -2.5% | -2.3% | $5M | — | $35M |
| 2023 | $45M | $6M | 21.8% | 8.2% | 4.4% | 3.9% | $5M | — | $29M |
| 2022 | $53M | $3M | 19.1% | 11.2% | 2.2% | 1.9% | $8M | — | $19M |
| 2021 | $55M | -$8M | 18.9% | -15.4% | -7.3% | -6.2% | -$8M | — | $43M |
| 2020 | $42M | -$7M | 10.6% | -24.5% | -6.6% | -5.6% | $14M | — | $37M |
| 2019 | $49M | -$6M | 12.1% | -18.1% | -7.0% | -5.5% | $15M | — | $12M |
| 2018 | $30M | $2M | 27.2% | 8.0% | 1.9% | 1.5% | $14M | — | $8M |
| 2017 | $42M | $4M | 25.0% | 10.8% | 3.7% | 2.7% | $848290 | — | $10M |
| 2016 | $40M | $4M | 32.6% | 21.7% | 5.4% | 4.6% | -$7M | — | $6M |
| 2015 | $47M | $8M | 31.5% | 17.2% | 12.1% | 9.7% | $4M | — | $6M |
| 2014 | $65M | $14M | 31.5% | 26.2% | 23.6% | 17.8% | — | — | $415275 |
| 2013 | $61M | $10M | 28.0% | 19.3% | 21.1% | 14.1% | — | — | $2M |
How the market has priced TANH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, TANTECH HOLDINGS LTD's revenue has declined 1.9% per year. These are computed facts, not advice.
As of FY2025, TANTECH HOLDINGS LTD reported — of total debt against $33M of cash; operating income covered interest expense -43.7×.
In FY2025, gross margin was 18.6%, operating margin -31.8%, and net margin -80.9%.
As of Sep '26, TANTECH HOLDINGS LTD traded at a price-to-earnings ratio of about 1.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.