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Flexsteel Industries

OverviewSuggest Edit

Flexsteel Industries, together with its subsidiaries, manufactures, imports, and markets residential and contract upholstered and wood furniture products. It offers sofas, loveseats, chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables, and bedroom furniture for use in home, office, hotel, healthcare, and other commercial applications.

TypePublic
Founded1893
HQDubuque, USMap
Websiteflexsteel.com
Employee Ratings3.4More
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Employees (est.) (Jun 2019)1,295(-15%)
Revenue (FY, 2020)$366.9 M(-17%)
Share Price (Sept 2020)$20.6 (+5%)
Cybersecurity ratingDMore

Key People/Management at Flexsteel Industries

Thomas M. Levine

Thomas M. Levine

Chairman
Mary C. Bottie

Mary C. Bottie

Director
Derek P. Schmidt

Derek P. Schmidt

Chief Financial Officer & Chief Operating Officer
William S. Creekmuir

William S. Creekmuir

Director
David E. Crimmins

David E. Crimmins

Vice President, Sales
Carl A. Hayden

Carl A. Hayden

Vice President, Operations
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Flexsteel Industries Office Locations

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

Flexsteel Industries Revenue

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Flexsteel Industries's revenue was reported to be $366.93 m in FY, 2020
USD

Revenue (FY, 2020)

366.9m

Gross profit (FY, 2020)

53.1m

Gross profit margin (FY, 2020), %

14.5%

Net income (FY, 2020)

(26.8m)

EBIT (FY, 2020)

(34.4m)

Market capitalization (15-Sept-2020)

158.9m

Closing stock price (15-Sept-2020)

20.6

Cash (30-Jun-2020)

48.2m

EV

122.7m
Flexsteel Industries's current market capitalization is $158.9 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

352.1m386.2m438.5m466.9m500.1m468.8m489.2m443.6m366.9m

Revenue growth, %

6%7%

Cost of goods sold

266.8m295.7m338.3m357.0m386.4m360.1m391.0m373.6m313.9m

Gross profit

85.3m90.5m100.3m109.9m113.7m108.7m98.2m69.9m53.1m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

81.5m85.0m91.6m104.3m112.5m110.5m108.7m114.4m122.5m126.5m125.4m125.4m112.1m118.5m120.8m119.8m129.4m126.9m113.5m118.4m111.5m100.3m102.9m98.8m

Cost of goods sold

62.6m64.5m69.5m80.7m86.5m85.5m83.1m87.3m92.9m98.7m97.7m96.7m85.4m91.8m92.3m93.7m102.0m99.2m91.7m96.9m90.2m83.1m86.9m85.0m

Gross profit

19.0m20.5m22.1m23.6m26.1m25.0m25.5m27.1m29.7m27.9m27.7m28.7m26.6m26.7m28.4m26.1m27.4m27.6m21.8m21.5m21.3m17.2m16.1m13.8m

Gross profit Margin, %

23%24%24%23%23%23%23%24%24%22%22%23%24%23%24%22%21%22%19%18%19%17%16%14%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

14.0m10.9m22.2m1.3m36.8m28.9m27.8m22.2m48.2m

Accounts Receivable

33.6m36.1m38.5m45.1m31.4m42.4m41.3m38.2m32.2m

Prepaid Expenses

1.6m4.8m2.5m6.8m6.7m8.5m11.9m

Inventories

82.7m92.4m97.9m113.8m85.9m99.4m96.2m93.7m70.6m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

14.1m15.9m19.3m10.6m8.9m17.3m10.3m155.0k5.7m1.9m329.0k15.4m42.7m40.8m37.6m33.4m17.6m23.6m23.3m25.6m28.6m36.2m37.3m62.5m

Accounts Receivable

32.1m32.1m33.8m41.5m40.4m46.6m49.8m45.3m42.8m44.1m43.6m45.8m47.5m45.3m43.6m42.7m40.1m36.3m41.6m34.3m

Prepaid Expenses

1.4m1.8m1.7m5.6m2.7m6.8m11.3m13.1m7.2m7.4m8.4m9.3m7.1m7.7m8.5m10.4m15.2m4.4m5.7m

Inventories

78.4m79.0m75.5m97.1m98.9m92.1m106.2m109.4m108.1m108.9m111.2m97.3m86.7m96.3m92.7m104.2m110.2m106.2m90.3m93.9m95.9m93.6m86.6m75.1m
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

13.1m13.2m15.0m22.3m24.2m23.8m17.7m(32.6m)(26.8m)

Depreciation and Amortization

2.8m3.8m4.2m4.9m7.6m7.9m7.4m7.4m8.4m

Inventories

(9.0m)(9.7m)(5.5m)(15.9m)27.9m(13.5m)3.2m2.5m23.1m

Accounts Payable

2.7m1.1m2.1m2.1m(6.9m)4.0m(1.9m)5.1m9.3m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

2.4m5.3m8.7m3.8m4.9m9.4m4.9m9.6m16.5m5.8m11.1m18.1m4.8m10.1m17.8m6.2m12.4m15.5m1.3m2.9m(12.7m)9.6m4.2m(1.1m)

Depreciation and Amortization

690.0k1.4m2.1m1.0m2.0m3.1m1.1m2.2m3.4m1.7m3.6m5.5m2.0m4.1m6.0m1.8m3.6m5.4m1.9m3.7m5.7m2.5m4.9m6.7m

Inventories

(4.7m)(5.3m)(1.8m)(4.7m)(6.4m)317.0k(8.2m)(11.5m)(10.2m)5.0m2.6m16.5m(794.0k)(10.4m)(6.8m)(4.8m)(10.8m)(6.8m)5.9m2.3m275.0k91.0k7.1m18.6m

Accounts Payable

(54.0k)1.6m(578.0k)1.5m(61.0k)(3.6m)(2.1m)(4.7m)2.3m6.7m3.9m1.6m1.6m(420.0k)2.4m3.6m3.0m(3.8m)1.8m4.5m
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USDQ1, 2012

Financial Leverage

1.3 x
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Flexsteel Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

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Flexsteel Industries Online and Social Media Presence

Flexsteel Industries's Trends

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Flexsteel Industries Blogs

October 09, 2018

The Thunderbird Sofa is Back!

Sections:  Copy:  You heard us right. Flexsteel is bringing back one of the most iconic sofas we’ve ever created…the Thunderbird Sofa. As part of our celebration of 125 years in business we’ve decided to update and reintroduce this mid-century modern classic. Why Mid-Century Modern? M…
October 01, 2018

Explore Kashmira Performance Fabrics

Sections:  Image:  HTML Code:  CSS Classes:  col-sm-12 col-xs-12 Description:  Our most popular performance fabric is hands down, Kashmira®. Kashmira is a suede-like fabric created through years of research and development. Not only is Kashmira soft a…
October 01, 2018

Kashmira Performance Fabric

Sections:  Image:  HTML Code:  CSS Classes:  col-sm-12 col-xs-12 Description:  Our most popular performance fabric is hands down, Kashmira®. Kashmira is a suede-like fabric created through years of research and development. Not only is Kashmira soft a…
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 Flexsteel Industries Frequently Asked Questions

  • When was Flexsteel Industries founded?

    Flexsteel Industries was founded in 1893.

  • Who are Flexsteel Industries key executives?

    Flexsteel Industries's key executives are Thomas M. Levine, Mary C. Bottie and Derek P. Schmidt.

  • How many employees does Flexsteel Industries have?

    Flexsteel Industries has 1,295 employees.

  • What is Flexsteel Industries revenue?

    Latest Flexsteel Industries annual revenue is $366.9 m.

  • What is Flexsteel Industries revenue per employee?

    Latest Flexsteel Industries revenue per employee is $283.3 k.

  • Who are Flexsteel Industries competitors?

    Competitors of Flexsteel Industries include Bassett Furniture, Ethan Allen Interiors and Dams Furniture.

  • Where is Flexsteel Industries headquarters?

    Flexsteel Industries headquarters is located at 385 Bell St, Dubuque.

  • Where are Flexsteel Industries offices?

    Flexsteel Industries has an office in Dubuque.

  • How many offices does Flexsteel Industries have?

    Flexsteel Industries has 1 office.