Interface

Interface is a global leader in the design and production of carpet tiles. Its products combine beauty and innovation with functionality and environmental credentials to help customers bring their design vision to life. The company was one of the first ones to publicly commit to sustainability, when it made a pledge in the mid-nineties to eliminate its impact on the environment by 2020. Known as Mission Zero®, it influences every aspect of the business and inspires the company to continually push the boundaries in order to achieve its goal. Interface is now more than half way to reaching Mission Zero and has been widely recognised for its achievements to date. Its products have also achieved several awards, specifically for design and innovation, one of the most recent being The Athenaeum Good Design Award for World Textiles.
Type
Public
HQ
Atlanta, US
Founded
1973
Size (employees)
3,278 (est)-2%
Interface was founded in 1973 and is headquartered in Atlanta, US

Interface Office Locations

Interface has offices in Atlanta, LaGrange, Belleville, Halifax and in 3 other locations
Atlanta, US (HQ)
2000 2859 Paces Ferry Rd Se
Chicago, US
600 W Van Buren St
Chippendale, AU
101 Chalmers St
Halifax, GB
Shelf Mills
Belleville, CA
233 Lahr Dr
La Grange, US
1503 Orchard Hill Rd
Show all (7)

Interface Data and Metrics

Interface Financial Metrics

Interface's revenue was reported to be $958.6 m in FY, 2017
USD

Revenue (FY, 2017)

958.6 m

Gross profit (FY, 2017)

368.6 m

Gross profit margin (FY, 2017), %

38%

Net income (FY, 2017)

54.2 m

EBIT (FY, 2017)

84.9 m

Market capitalization (20-Jul-2017)

1.2 b

Closing share price (20-Jul-2017)

19

Cash (01-Jan-2017)

165.7 m

EV

1 b
Interface's current market capitalization is $1.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

960 m1 b1 b958.6 m958.6 m

Revenue growth, %

5%(0%)(4%)

Cost of goods sold

618.9 m663.9 m619 m590 m590 m

Gross profit

341.1 m340 m382.9 m368.6 m368.6 m

Gross profit Margin, %

36%34%38%38%38%

General and administrative expense

263.9 m

Operating expense total

263.9 m

EBIT

95.6 m70.3 m113.6 m84.9 m84.9 m

EBIT margin, %

10%7%11%9%9%

Interest expense

23.8 m20.8 m6.4 m6.1 m6.1 m

Pre tax profit

105.8 m79.1 m79.1 m

Income tax expense

20.7 m10.9 m33.3 m25 m25 m

Net Income

48.3 m24.8 m72.4 m54.2 m54.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

72.9 m54.9 m75.7 m165.7 m165.7 m

Accounts Receivable

131.9 m157.1 m130.3 m126 m126 m

Inventories

149.6 m142.2 m161.2 m156.1 m156.1 m

Current Assets

388.1 m384.7 m398.4 m480.9 m480.9 m

PP&E

230.8 m227.3 m211.5 m204.5 m204.5 m

Goodwill

77.9 m70.5 m63.9 m61.2 m61.2 m

Accounts Payable

52.5 m49.5 m52.8 m45.4 m45.4 m

Total Debt

15 m

Current Liabilities

130.2 m143.8 m153 m159.1 m159.1 m

Total Liabilities

498.8 m

Common Stock

6.6 m6.6 m6.6 m6.4 m6.4 m

Additional Paid-in Capital

374.6 m368.6 m370.3 m359.5 m359.5 m

Retained Earnings

24.2 m39.7 m100.3 m140.2 m140.2 m

Total Equity

342.4 m340.7 m340.7 m

Debt to Equity Ratio

0 x
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

48.3 m24.8 m72.4 m54.2 m54.2 m

Depreciation and Amortization

24.7 m30.7 m30.8 m30.6 m30.6 m

Accounts Receivable

3.5 m(29 m)18.7 m(372 k)(372 k)

Inventories

(11 m)1.3 m(26 m)2.7 m2.7 m

Accounts Payable

(17.3 m)15.4 m14.5 m7.3 m7.3 m

Cash From Operating Activities

67.5 m46.4 m125.4 m93.2 m93.2 m

Capital Expenditures

(91.9 m)(38.9 m)(27.2 m)(28.1 m)(28.1 m)

Dividends Paid

(7.3 m)(9.3 m)(11.9 m)(14.3 m)(14.3 m)

Free Cash Flow

159.3 m85.3 m152.6 m121.2 m65.1 m
USDY, 2017

EV/EBIT

12.2 x

EV/CFO

11.2 x

EV/FCF

16 x

Revenue/Employee

289.4 k

Interface Market Value History

Interface Online and Social Media Presence

Interface News and Updates

Interface Company Life and Culture

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