ProfileJobs (180)

Steelcase

Manufacturing & Industrialarchitecturefurniturehome improvementinterior design

Steelcase Inc. is the global leader in office furniture, interior architecture and space solutions for offices, hospitals and classrooms. Its furniture is inspired by innovative research in workspace design. The Company's brands offer a comprehensive portfolio of workplace furnishings, products and services, inspired by insight gained serving the leading organizations. Steelcase designs for social, economic, and environmental sustainability.

Revenue(Q1, 2017)
$735.1 M
Market capitalization(2017-08-15)
$1.6 B
Company Growth (employees)
Type
Public
HQ
Grand Rapids, US
Founded
1912
Size (employees)
11,700 (est)+7%
Website
steelcase.com
Steelcase was founded in 1912 and is headquartered in Grand Rapids, US

Steelcase Office Locations

Steelcase has offices in Grand Rapids, Monterrey, Strasbourg, Cluj-Napoca and in 2 other locations
Grand Rapids, US (HQ)
901 44th St SE
Rosenheim, DE
7 Georg-Aicher-Straße
Cluj-Napoca, RO
Bulevardul 21 Decembrie 1989
Monterrey, MX
2225 Lázaro Cárdenas
Show all (6)

Steelcase Data and Metrics

Steelcase Financial Metrics

Steelcase's revenue was reported to be $735.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

735.1 m

Gross profit (Q1, 2017)

242.8 m

Gross profit margin (Q1, 2017), %

33%

Net income (Q1, 2017)

18.1 m

EBIT (Q1, 2017)

29.9 m

Market capitalization (15-Aug-2017)

1.6 b

Cash (26-May-2017)

143.9 m
Steelcase's current market capitalization is $1.6 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3 b3.1 b3.1 b3 b

Revenue growth, %

2%0%(1%)

Cost of goods sold

2.1 b2 b

Gross profit

984.5 m1 b

Gross profit Margin, %

32%33%

Operating expense total

757 m768 m790 m

EBIT

165.9 m144.9 m174.6 m200.2 m

EBIT margin, %

6%5%6%7%

Interest expense

(17.6 m)(17.2 m)

Pre tax profit

174.8 m196.3 m

Income tax expense

4.5 m71.7 m

Net Income

87.7 m86.1 m170.3 m124.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

786.7 m800 m705.5 m819 m787.6 m718.8 m758 m786.5 m735.1 m

Cost of goods sold

536.1 m549 m485 m547.9 m531.6 m484.8 m494.9 m524.6 m492.3 m

Gross profit

250.6 m251 m220.5 m271.1 m256 m234 m263.1 m261.9 m242.8 m

Gross profit Margin, %

32%31%31%33%33%33%35%33%33%

EBIT

52.8 m18.7 m33.5 m60.1 m55.2 m33.3 m61.9 m54.6 m29.9 m

EBIT margin, %

7%2%5%7%7%5%8%7%4%

Pre tax profit

52.1 m16.8 m31.5 m58.5 m54.7 m31.7 m59.6 m54.8 m28.4 m

Net Income

30.5 m11.8 m20 m37.2 m35.6 m19.4 m38.2 m41.2 m18.1 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

201.8 m176.5 m181.9 m197.1 m

Accounts Receivable

9.9 m19.3 m

Inventories

151.5 m166.2 m159.4 m163.1 m

Current Assets

889.9 m855.5 m823.9 m819.2 m

Goodwill

108.1 m107.2 m106.4 m106.7 m

Total Assets

1.7 b1.7 b1.8 b1.8 b

Accounts Payable

212.5 m215 m209.6 m216.8 m

Total Debt

2.8 m

Current Liabilities

538.2 m545.3 m557.5 m523.4 m

Non-Current Liabilities

511.4 m512.7 m514.2 m502.1 m

Total Liabilities

1 b1.1 b1.1 b1 b

Additional Paid-in Capital

5 m

Retained Earnings

676.3 m688.2 m776.5 m817.1 m

Total Equity

677.1 m663.8 m736.9 m766.5 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

2.6 x2.6 x2.5 x2.3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

155.7 m128.8 m110.5 m161.4 m150.3 m133.4 m151.5 m139.1 m143.9 m

Inventories

182.5 m189.6 m183.7 m176.8 m181.1 m156.9 m164.7 m172.6 m174.6 m

Current Assets

852.8 m867.5 m783.2 m860.3 m913.7 m719.9 m779.4 m802.8 m750.9 m

Goodwill

108.3 m108 m107.1 m106.7 m106.6 m106.8 m106.9 m106.5 m106.6 m

Total Assets

1.7 b1.7 b1.6 b1.7 b1.8 b1.7 b1.7 b1.8 b1.7 b

Accounts Payable

243.2 m242 m222 m227.5 m230.5 m205.1 m220.8 m222.3 m225.9 m

Current Liabilities

529.9 m570.9 m493.1 m548.6 m566.3 m435.5 m477.7 m520 m451 m

Non-Current Liabilities

496.6 m497.7 m491 m496.8 m518.6 m505.9 m507.5 m509.2 m492.6 m

Additional Paid-in Capital

2.7 m4.9 m11.4 m14.6 m6.2 m

Retained Earnings

679.7 m678.3 m693.1 m716.3 m737.9 m771.7 m787.3 m802.5 m819.5 m

Total Equity

676.3 m667.2 m663.9 m689 m706.5 m734.5 m748.4 m743.9 m789.4 m

Financial Leverage

2.5 x2.6 x2.5 x2.5 x2.5 x2.3 x2.3 x2.4 x2.2 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

87.7 m86.1 m170.3 m124.6 m

Depreciation and Amortization

60 m59.9 m65.7 m60.3 m

Accounts Receivable

(15.7 m)(43.7 m)700 k11.9 m

Inventories

(13.1 m)(27.2 m)6.8 m(5.1 m)

Accounts Payable

12.7 m12.6 m(4.1 m)9.5 m

Cash From Operating Activities

51.4 m(25.3 m)5.4 m170.7 m

Capital Expenditures

(86.8 m)(97.5 m)(93.4 m)(61.1 m)

Cash From Investing Activities

(25.2 m)(14.3 m)(87.8 m)(48.4 m)

Long-term Borrowings

(2.5 m)(2.5 m)(33.7 m)(2.3 m)

Dividends Paid

(50.2 m)(52.5 m)(57 m)(58.5 m)

Cash From Financing Activities

(101.6 m)(89.8 m)(90.1 m)(105.9 m)

Interest Paid

17.4 m17.2 m17.1 m17 m

Free Cash Flow

(35.4 m)(122.8 m)(88 m)109.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

30.5 m11.8 m20 m37.2 m35.6 m19.4 m38.2 m41.2 m18.1 m

Inventories

183.7 m176.8 m181.1 m156.9 m164.7 m172.6 m174.6 m

Accounts Payable

222 m227.5 m230.5 m205.1 m220.8 m222.3 m225.9 m
USDY, 2017

Revenue/Employee

62.8 k

Financial Leverage

2.2 x

Steelcase Market Value History

Steelcase Job Categories

Steelcase Median Salaries

Source: 17 public H-1B filings from Steelcase

Market Position of Steelcase

Competitors

Avery Dennison Corporation
Manufacturing & Industrial - Public
Kimball International
Manufacturing & Industrial - Public
Hooker Furniture Corporation
Manufacturing & Industrial - Public
Sims-Lohman
Manufacturing & Industrial - Private
Compare competitors

Traffic Overview of Steelcase

Steelcase Online and Social Media Presence

Steelcase Company Life and Culture

You may also be interested in