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.

Grand Rapids, US
Size (employees)
11,000 (est)
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

Steelcase Data and Metrics

Steelcase Financial Metrics

Steelcase's revenue was reported to be $3 b in FY, 2017 which is a 1% decrease from the previous period.

Revenue (FY, 2017)

3 b

Revenue growth (FY, 2016 - FY, 2017), %


Gross profit (FY, 2017)

1 b

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

124.6 m

EBIT (FY, 2017)

200.2 m

Market capitalization (27-Jun-2017)

1.7 b

Closing share price (27-Jun-2017)


Cash (24-Feb-2017)

197.1 m
Steelcase's current market capitalization is $1.7 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017


3 b3.1 b3.1 b3 b

Revenue growth, %


Cost of goods sold

2.1 b2 b

Gross profit

984.5 m1 b

Gross profit Margin, %


Operating expense total

757 m768 m790 m


165.9 m144.9 m174.6 m200.2 m

EBIT margin, %


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
USDFY, 2014FY, 2015FY, 2016FY, 2017


201.8 m176.5 m181.9 m197.1 m

Accounts Receivable

9.9 m19.3 m


151.5 m166.2 m159.4 m163.1 m

Current Assets

889.9 m855.5 m823.9 m819.2 m


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

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

Financial Leverage

2.6 x2.6 x2.5 x2.3 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


(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
USDY, 2017


275.7 k

Financial Leverage

2.3 x

Steelcase Market Value History

Steelcase Job Categories

Steelcase Median Salaries

Source: 17 public H-1B filings from Steelcase

Steelcase Online and Social Media Presence

Steelcase Company Life and Culture

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