Flexsteel Industries

Flexsteel Industries, Inc., together with its subsidiaries, manufactures, imports, and markets residential and commercial upholstered and wood furniture products in the United States.
Our products are built on beliefs and values that evolved through over a century of manufacturing. Through the years, our commitment to craftsmanship, accountability, and leadership has helped us grow and thrive.
Our design and construction go hand in hand to create comfortable, long-lasting furniture. We’ve proven our commitment to craft through our namesake Blue Steel Spring, which has performed so consistently since its development that its design has not been radically changed in over 75 years.

Type
Public
HQ
Dubuque, US
Founded
1929
Size (employees)
1,460 (est)+9%
Flexsteel Industries was founded in 1929 and is headquartered in Dubuque, US

Flexsteel Industries Office Locations

Flexsteel Industries has an office in Dubuque
Dubuque, US (HQ)
385 Bell St

Flexsteel Industries Data and Metrics

Flexsteel Industries Financial Metrics

Flexsteel Industries's revenue was reported to be $500.1 m in FY, 2016 which is a 7% increase from the previous period.
USD

Revenue (FY, 2016)

500.1 m

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

7%

Gross profit (FY, 2016)

113.7 m

Gross profit margin (FY, 2016), %

23%

Net income (FY, 2016)

24.2 m

EBIT (FY, 2016)

38.1 m

Market capitalization (21-Jul-2017)

449.3 m

Cash (30-Jun-2016)

36.8 m
Flexsteel Industries's current market capitalization is $449.3 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

438.5 m466.9 m500.1 m

Revenue growth, %

6%7%

Cost of goods sold

338.3 m357 m386.4 m

Gross profit

100.3 m109.9 m113.7 m

Gross profit Margin, %

23%24%23%

General and administrative expense

(77.9 m)

Operating expense total

(77.9 m)

EBIT

22.3 m34.4 m38.1 m

EBIT margin, %

5%7%8%

Interest expense

130 k69 k

Pre tax profit

23.8 m35.6 m37.9 m

Income tax expense

(8.8 m)(13.3 m)(13.7 m)

Net Income

15 m22.3 m24.2 m
USDFY, 2014FY, 2015FY, 2016

Cash

22.2 m1.3 m36.8 m

Accounts Receivable

31.4 m

Inventories

97.9 m113.8 m85.9 m

Current Assets

165.4 m171.2 m176.4 m

PP&E

31.9 m64.8 m64.1 m

Accounts Payable

178.2 m

Current Liabilities

36.8 m51.3 m33.4 m

Total Liabilities

37.2 m

Additional Paid-in Capital

15.4 m18.8 m23.3 m

Retained Earnings

145.2 m162.2 m180.9 m

Total Equity

166.7 m186.7 m209.7 m
USDFY, 2014FY, 2015FY, 2016

Net Income

15 m22.3 m24.2 m

Depreciation and Amortization

4.2 m4.9 m7.6 m

Inventories

(5.5 m)(16 m)27.9 m

Cash From Operating Activities

16.2 m3.3 m54.4 m

Capital Expenditures

(4.2 m)(37.4 m)(7.4 m)

Cash From Investing Activities

(4.4 m)(32.6 m)(4.7 m)

Dividends Paid

(4.3 m)(5.1 m)(5.5 m)

Cash From Financing Activities

(578 k)8.4 m(14.2 m)

Income Taxes Paid

6.9 m13.9 m10.1 m

Free Cash Flow

20.4 m40.7 m47 m

Flexsteel Industries Market Value History

Flexsteel Industries Company Life and Culture

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