Steelcase (SCS) stock price, revenue, and financials

Steelcase market cap is $1.5 b, and annual revenue was $2.6 b in FY 2021

$1.5 B

SCS Mkt cap, 22-Oct-2021

$724.8 M

Steelcase Revenue Q2, 2022
Steelcase Gross profit (Q2, 2022)206.8 M
Steelcase Gross profit margin (Q2, 2022), %28.5%
Steelcase Net income (Q2, 2022)24.7 M
Steelcase EBIT (Q2, 2022)33.9 M
Steelcase Cash, 27-Aug-2021360.7 M
Steelcase EV1.8 B
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Steelcase Revenue

Steelcase revenue was $2.6 b in FY, 2021 which is a 30.3% year over year decrease from the previous period.

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Steelcase Revenue Breakdown

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Steelcase revenue breakdown by business segment: 31.4% from Seating, 44.6% from Desking, Benching, Systems and Storage and 24.0% from Other

Steelcase revenue breakdown by geographic segment: 71.2% from Americas, 19.7% from EMEA and 9.1% from Other

Steelcase Income Statement

Annual

USDFY, 2019FY, 2020FY, 2021

Revenue

3.4b3.7b2.6b

Revenue growth, %

13%8%(30%)

Cost of goods sold

2.4b2.5b1.8b

Gross profit

1.1b1.2b762.8m

Gross profit Margin, %

32%33%29%

R&D expense

53.7m50.6m48.1m

Operating expense total

904.3m958.2m684.2m

EBIT

183.6m257.0m43.0m

EBIT margin, %

5%7%2%

Interest expense

37.5m27.3m27.1m

Investment income

2.9m5.4m1.4m

Pre tax profit

163.9m245.2m25.9m

Income tax expense

37.9m45.5m200.0k

Net Income

126.0m199.7m26.1m

EPS

1.11.70.2

Steelcase Balance Sheet

Annual

USDFY, 2019FY, 2020FY, 2021

Cash

261.3m547.1m489.8m

Accounts Receivable

390.3m372.4m279.0m

Prepaid Expenses

19.5m21.6m20.9m

Inventories

224.8m215.0m193.5m

Current Assets

948.6m1.2b1.0b

PP&E

455.5m426.3m410.8m

Goodwill

240.8m233.6m218.1m

Total Assets

2.1b2.6b2.4b

Accounts Payable

241.2m244.3m181.3m

Short-term debt

4.1m46.0m48.5m

Current Liabilities

595.2m690.9m515.0m

Long-term debt

482.9m695.4m678.7m

Non-Current Liabilities

697.4m904.1m878.5m

Total Debt

487.0m741.4m727.2m

Total Liabilities

1.3b1.6b1.4b

Additional Paid-in Capital

16.4m28.4m12.5m

Retained Earnings

880.7m1.0b989.0m

Total Equity

849.8m970.4m960.5m

Debt to Equity Ratio

0.6 x0.8 x0.8 x

Debt to Assets Ratio

0.2 x0.3 x0.3 x

Financial Leverage

2.5 x2.6 x2.5 x

Steelcase Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

126.0m199.7m26.1m

Depreciation and Amortization

81.6m85.6m85.2m

Accounts Receivable

(66.4m)7.2m120.9m

Inventories

(24.0m)(6.2m)27.1m

Accounts Payable

8.5m10.8m(69.0m)

Cash From Operating Activities

131.2m360.8m64.8m

Capital Expenditures

(81.4m)(73.4m)(41.3m)

Cash From Investing Activities

(271.6m)4.5m(30.6m)

Long-term Borrowings

(575.8m)(4.1m)(252.4m)

Dividends Paid

(64.3m)(69.1m)(43.5m)

Cash From Financing Activities

122.3m(81.9m)(87.8m)

Net Change in Cash

(20.8m)282.3m(51.5m)

Interest Paid

34.5m24.5m25.4m

Income Taxes Paid

36.2m26.7m24.6m

Free Cash Flow

49.8m287.4m23.5m

Steelcase Ratios

USDFY, 2019

EV/EBIT

12.4 x

EV/CFO

17.3 x

EV/FCF

45.7 x

Revenue/Employee

271.1k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.5 x

P/E Ratio

16.7

Steelcase Operating Metrics

FY, 2019FY, 2020FY, 2021

Dealers' Locations

800800800

Locations

252423

Steelcase Employee Rating

4.1822 votes
Culture & Values
4.2
Work/Life Balance
4
Senior Management
3.8
Salary & Benefits
4
Career Opportunities
3.8
Source