Steelcase helps create great experiences -- wherever work happens. Our brands offer a comprehensive portfolio of workplace furnishings, products and services, inspired by nearly 100 years of insight gained serving the world's leading organizations. We are globally accessible through a network of channels, including over 650 dealers. We design for social, economic, and environmental sustainability.

Type
Public
HQ
Grand Rapids, US
Founded
1912
Size (employees)
11,000 (est)
Steelcase was founded in 1912 and is headquartered in Grand Rapids, US

Steelcase Office Locations

Steelcase has an office in Grand Rapids
Grand Rapids, US (HQ)
901 44th St Se

Steelcase Metrics

Steelcase Financial Metrics

Revenue (2017)

$3 b

Revenue growth (2016-17), %

(1%)

Gross profit

$1 b

Gross profit margin (2017), %

33%

Net income (2017)

$124.6 m

Market capitalization (28-Apr-2017)

$2 b

Closing share price (28-Apr-2017)

$17

Cash (24-Feb-2017)

$197.1 m
Steelcase's current market capitalization is $2 b.
Steelcase's revenue was reported to be $3 b in FY, 2017 which is a 1% decrease from the previous period.
FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

$3 b$3.1 b$3.1 b$3 b

Revenue growth, %

2%0%(1%)

Cost of goods sold

$2.1 b$2 b

Gross profit

$984.5 m$1 b

Gross profit Margin, %

32%33%

Operating expense total

$757 m$768 m$790 m

EBIT

$165.9 m$144.9 m$174.6 m$200.2 m

EBIT margin, %

6%5%6%7%

Interest expense

($17.6 m)($17.2 m)

Pre tax profit

$174.8 m$196.3 m

Income tax expense

$4.5 m$71.7 m

Net Income

$87.7 m$86.1 m$170.3 m$124.6 m
FY, 2014FY, 2015FY, 2016FY, 2017

Cash

$201.8 m$176.5 m$181.9 m$197.1 m

Accounts Receivable

$9.9 m$19.3 m

Inventories

$10.8 m$5.8 m

Current Assets

$889.9 m$855.5 m$823.9 m$819.2 m

Goodwill

$108.1 m$107.2 m$106.4 m$106.7 m

Total Assets

$1.7 b$1.7 b$1.8 b$1.8 b

Accounts Payable

$21.6 m$23.2 m

Current Liabilities

$538.2 m$545.3 m$557.5 m$523.4 m

Non-Current Liabilities

$511.4 m$512.7 m$514.2 m$502.1 m

Total Liabilities

$1 b$1.1 b$1.1 b$1 b

Additional Paid-in Capital

$5 m

Retained Earnings

$676.3 m$688.2 m$776.5 m$817.1 m

Total Equity

$677.1 m$663.8 m$736.9 m$766.5 m

Financial Leverage

2.6 x2.6 x2.5 x2.3 x
FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

$87.7 m$86.1 m$170.3 m$124.6 m

Depreciation and Amortization

$60 m$59.9 m$65.7 m$60.3 m

Accounts Receivable

($219 k)$70 k($59 k)

Accounts Payable

($78 k)($55 k)($11 k)

Cash From Operating Activities

$51.4 m($25.3 m)$5.4 m$170.7 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 m$17.2 m$17.1 m$17 m

Free Cash Flow

($35.4 m)($122.8 m)($88 m)$109.6 m

Steelcase Market Value History

Steelcase Job Categories

Steelcase Median Salaries

Source: 17 public H-1B filings from Steelcase

Steelcase Online Presence

Steelcase News

Steelcase Company Life

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