Steelcase

OverviewSuggest Edit

Steelcase is a company that manufactures furniture, interior architecture, and technology products and services. It provides office furniture, interior architecture and space solutions for offices, hospitals and classrooms. The company manufactures and sells panel-based and freestanding furniture, such as storage systems, tables, and ergonomic work tools as well as casual and shared seating and specialty chairs for the health care and education markets.
TypePublic
Founded1912
HQGrand Rapids, MI, USMap
Websitesteelcase.com
Employee Ratings4.1More
Overall CultureA+More
View Jobs (98)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2020)12,700
Job Openings98
Revenue (FY, 2020)$3.7 B(+22%)
Share Price (Apr 2021)$14.6(+2%)
Cybersecurity ratingDMore

Key People/Management at Steelcase

Guillaume M. Alvarez

Guillaume M. Alvarez

Senior Vice President, EMEA
Ulrich Gwinner

Ulrich Gwinner

President, Asia Pacific
Todd P. Kelsey

Todd P. Kelsey

Director
Sara E. Armbruster

Sara E. Armbruster

Vice President, Strategy, Research and Digital Transformation
Donna K. Flynn

Donna K. Flynn

Vice President, Global Talent Management
James P. Keane

James P. Keane

President and Chief Executive Officer, Director
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Steelcase Office Locations

Steelcase has offices in Grand Rapids, Atlanta, Boston, Chicago and in 26 other locations
Grand Rapids, MI, US (HQ)
901 44th St SE
Atlanta, GA, US
1545 Peachtree St NE #280
Boston, MA, US
101 Seaport Blvd #600
Chicago, IL, US
222 W Merchandise Mart Plaza Ste 300
Dallas, TX, US
1616 Hi Line Dr #110
Los Angeles, CA, US
1150 S Olive St
Show all (30)

Steelcase Financials and Metrics

Steelcase Revenue

Steelcase's revenue was reported to be $3.72 b in FY, 2020
USD

Revenue (Q3, 2021)

617.5m

Gross profit (Q3, 2021)

180.2m

Gross profit margin (Q3, 2021), %

29.2%

Net income (Q3, 2021)

2.1m

Market capitalization (16-Apr-2021)

1.7b

Closing stock price (16-Apr-2021)

14.6

Cash (27-Nov-2020)

484.4m

EV

1.9b
Steelcase's current market capitalization is $1.7 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Revenue

2.7b2.9b3.0b3.1b3.1b3.0b3.1b3.7b

Revenue growth, %

2%0%(1%)1%

Cost of goods sold

1.9b2.0b2.1b2.0b2.0b2.5b

Gross profit

835.9m880.9m984.5m1.0b1.0b1.2b
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q3, 2021

Revenue

700.5m719.4m675.2m744.9m727.2m667.1m757.6m784.8m723.1m786.7m800.0m705.5m819.0m787.6m718.8m758.0m786.5m735.1m775.6m3.1b754.0m875.8m901.0m3.4b824.3m955.2m482.8m617.5m

Cost of goods sold

487.9m496.3m474.1m513.4m498.0m457.2m513.4m541.1m504.5m536.1m549.0m485.0m547.9m531.6m484.8m494.9m524.6m492.3m517.2m2.0b587.2m622.7m2.4b565.9m664.5m639.1m360.1m437.3m

Gross profit

212.6m223.1m201.1m231.5m229.2m209.9m244.2m243.7m218.6m250.6m251.0m220.5m271.1m256.0m234.0m263.1m261.9m242.8m258.4m1.0b288.6m278.3m1.1b258.4m316.1m122.7m180.2m

Gross profit Margin, %

30%31%30%31%32%31%32%31%30%32%31%31%33%33%33%35%33%33%33%33%33%31%32%31%33%25%29%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Cash

112.1m150.4m201.8m176.5m181.9m197.1m283.1m547.1m

Accounts Receivable

271.4m287.3m9.9m19.3m307.6m300.3m372.4m

Prepaid Expenses

17.5m17.9m19.1m19.2m21.6m

Inventories

139.5m137.5m151.5m166.2m159.4m163.1m184.6m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q3, 2021

Cash

104.4m114.9m80.5m103.2m136.0m103.1m127.8m149.1m158.3m155.7m128.8m110.5m161.4m150.3m133.4m151.5m139.1m143.9m139.3m283.1m45.7m51.0m261.3m152.7m229.1m367.7m637.5m484.4m

Accounts Receivable

322.9m315.1m309.3m333.4m313.8m301.5m331.5m300.3m409.7m422.9m390.3m402.5m467.3m447.8m

Prepaid Expenses

66.8m63.4m43.7m49.1m50.2m47.8m55.5m19.2m22.0m23.4m19.5m22.1m27.5m22.9m22.2m19.3m

Inventories

137.5m153.9m147.5m142.2m155.9m146.8m154.5m161.1m161.1m182.5m189.6m183.7m176.8m181.1m156.9m164.7m172.6m174.6m173.5m184.6m232.3m252.4m224.8m241.3m243.1m248.3m246.7m
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Net Income

56.7m38.8m87.7m86.1m170.3m124.6m80.7m199.7m

Depreciation and Amortization

56.4m58.3m60.0m59.9m65.7m60.3m65.9m85.6m

Inventories

(17.1m)2.1m(13.1m)(27.2m)6.8m(5.1m)(8.5m)(6.2m)

Accounts Payable

(2.0m)3.4m12.7m12.6m(4.1m)9.5m700.0k10.8m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q3, 2021

Net Income

19.4m41.8m13.2m42.7m66.3m13.2m40.8m23.0m21.0m30.5m11.8m20.0m37.2m35.6m19.4m38.2m41.2m18.1m55.0m80.7m80.7m17.0m103.4m126.0m17.8m78.3m(38.1m)19.5m

Depreciation and Amortization

27.6m41.7m13.6m27.4m42.5m14.1m28.9m31.2m47.7m38.7m60.5m81.6m20.3m41.4m62.9m22.5m64.1m

Inventories

183.7m176.8m181.1m156.9m164.7m172.6m174.6m(7.2m)(22.4m)(8.5m)(38.0m)(52.3m)(24.0m)(17.7m)(20.5m)(25.2m)(32.8m)(16.4m)

Accounts Payable

222.0m227.5m230.5m205.1m220.8m222.3m225.9m2.8m26.1m(700.0k)45.6m45.6m8.5m23.2m37.8m41.6m(87.8m)
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USDQ2, 2012

Financial Leverage

2.5 x
Show all financial metrics

Steelcase Operating Metrics

FY, 2015FY, 2016FY, 2017

Dealers' Locations

850800800

Locations

222121
Show all operating metrics

Steelcase Revenue Breakdown

Embed Graph

Steelcase revenue breakdown by geographic segment: 71.8% from Americas, 17.2% from EMEA and 11.0% from Other

Steelcase Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

Learn more about our premium products
SecurityScorecard logo

Steelcase Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

Learn more about our premium products
CSRHub logo

Steelcase Online and Social Media Presence

Steelcase's Trends

Embed Graph

Steelcase Company Culture

  • Overall Culture

    A+

    82/100

  • CEO Rating

    A-

    75/100

  • Compensation

    A+

    85/100

  • Diversity

    B+

    73/100

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Steelcase Blogs

March 31, 2021

Real Questions, Real Answers About Hybrid Work

Leading organizations are asking very real questions about how to make a hybrid model work. We offer real answers by drawing on our research, our experience and our audience. The post Real Questions, Real Answers About Hybrid Work appeared first on Steelcase.
March 31, 2021

Learn Better

Everyone has had a vastly different experience teaching and learning from home. Those experiences have shaped their expectations for a better learning experience moving forward. The post Learn Better appeared first on Steelcase.
March 25, 2021

The Hidden Bias of Working From Home

Working from home during a global pandemic has been tough on everyone in different ways, but new research from Steelcase shows some people carry a heavier burden than others. The post The Hidden Bias of Working From Home appeared first on Steelcase.
March 24, 2021

Diversity in Design: Q+A with Gabrielle Bullock

Perkins&Will’s head of global diversity shares the importance of diversity in design and how to help people feel more included through design. The post Diversity in Design: Q+A with Gabrielle Bullock appeared first on Steelcase.
March 18, 2021

Centering Wellbeing in Education

When Steelcase researchers began to delve deep into the topic of wellbeing in education in 2019, they could not predict that it would become a full-blown crisis during the course of their investigation. The post Centering Wellbeing in Education appeared first on Steelcase.
March 10, 2021

Steelcase Introduces More Than 40 New Products for New Employee Needs in the Office

"Work tents” for privacy, Microsoft Surface Hub 2S 85” cart and wall mounts for better collaboration and innovative boundary and storage solutions to create a room within a room – all created for emerging work trends. The post Steelcase Introduces More Than 40 New Products for New Employee Needs in …
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 Steelcase Frequently Asked Questions

  • When was Steelcase founded?

    Steelcase was founded in 1912.

  • Who are Steelcase key executives?

    Steelcase's key executives are Guillaume M. Alvarez, Ulrich Gwinner and Todd P. Kelsey.

  • How many employees does Steelcase have?

    Steelcase has 12,700 employees.

  • What is Steelcase revenue?

    Latest Steelcase annual revenue is $3.7 b.

  • What is Steelcase revenue per employee?

    Latest Steelcase revenue per employee is $293.2 k.

  • Who are Steelcase competitors?

    Competitors of Steelcase include Haworth, Herman Miller and ELEMENTS.

  • Where is Steelcase headquarters?

    Steelcase headquarters is located at 901 44th St SE, Grand Rapids.

  • Where are Steelcase offices?

    Steelcase has offices in Grand Rapids, Atlanta, Boston, Chicago and in 26 other locations.

  • How many offices does Steelcase have?

    Steelcase has 30 offices.