With four decades of innovation and quality, Culp (NYSE: CFI) supplies a wide range of mattress and upholstery fabrics across the globe. From our headquarters in High Point, NC, we carefully manage a fully integrated platform of manufacturing and distribution facilities strategically located in the U.S., China, and Canada. Our robust supply chain allows us to quickly respond to the needs of our customers. We deliver fashion-forward, stylish fabrics with broad appeal to the largest home furnishing retailers and manufacturers.

Culp has evolved from a regional supplier to a global partner for a wide range of customers. Founded by Robert G. Culp, Jr. in 1972, Culp’s focus on continuous improvement in its manufacturing operations and a trend-savvy design team helps customers drive sales and grow market share on a global basis. At Culp, everything we do, from logistics to quality control, reflects a clear understanding of our customer’s business objectives.

High Point, US
Size (employees)
1,217 (est)
Culp was founded in 1972 and is headquartered in High Point, US

Culp Office Locations

Culp has an office in High Point
High Point, US (HQ)
1823 Eastchester Dr

Culp Data and Metrics

Culp Financial Metrics

Culp's revenue was reported to be $312.9 m in FY, 2016 which is a 1% increase from the previous period.

Revenue (FY, 2016)

312.9 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

252.2 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

16.9 m

EBIT (FY, 2016)

7.4 m

Market capitalization (12-Jul-2017)

407.2 m

Closing share price (12-Jul-2017)

Culp's current market capitalization is $407.2 m.
USDFY, 2014FY, 2015FY, 2016


287.2 m310.2 m312.9 m

Revenue growth, %


Cost of goods sold

62.3 m62.7 m60.6 m

Gross profit

224.9 m247.5 m252.2 m

Gross profit Margin, %


General and administrative expense

9.3 m

Operating expense total

9.3 m


4.4 m6.6 m7.4 m

EBIT margin, %


Interest expense

97 k15 k

Interest income

139 k143 k26 k

Pre tax profit

4.1 m6.7 m7.2 m

Income tax expense

1.4 m1.8 m3.6 m

Net Income

17.4 m15.1 m16.9 m
USDFY, 2014FY, 2015FY, 2016FY, 2017


29.3 m29.7 m37.8 m

Accounts Receivable

27.4 m28.7 m23.5 m24.6 m


40.7 m42.5 m46.5 m51.5 m

Current Assets

112.4 m118.4 m114.8 m


31.4 m36.1 m40 m


11.5 m11.5 m11.5 m

Total Assets

160.9 m171.4 m175.1 m

Accounts Payable

18.5 m

Current Liabilities

38.8 m43.1 m36.3 m

Total Liabilities

46.3 m

Total Equity

111.7 m119.4 m128.8 m

Financial Leverage

1.4 x1.4 x1.4 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

17.4 m15.1 m16.9 m22.3 m

Depreciation and Amortization

5.3 m5.8 m6.7 m7.1 m

Accounts Receivable

(3.9 m)(1.6 m)4.5 m(1.6 m)


(2.2 m)(1.9 m)(4.4 m)(5.4 m)

Cash From Operating Activities

20.2 m26.1 m26.8 m33 m

Capital Expenditures

(5.3 m)(10.5 m)(11.5 m)(11.9 m)

Cash From Investing Activities

(9.4 m)(14.8 m)(7.4 m)(43.3 m)

Long-term Borrowings

(2.2 m)(2.2 m)(2.2 m)(2.2 m)

Dividends Paid

(2.2 m)(7.6 m)(8.1 m)(6.3 m)

Cash From Financing Activities

(4.2 m)(10.9 m)(11.8 m)(6.6 m)

Income Taxes Paid

342 k(163 k)91 k(3 m)

Free Cash Flow

25.5 m36.6 m38.3 m21.1 m

Culp Market Value History

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Culp Company Life and Culture

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