FLXS · Flexsteel Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 | Q3 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $115.13M | $118.25M | $110.44M | $104.01M | $100.11M | $107.22M | $94.60M | $93.14M | $99.05M | $141.67M |
| Cost of Revenue | $89.08M | $91.42M | $84.49M | $81.64M | $78.16M | $83.90M | $76.19M | $77.30M | $80.41M | $132.14M |
| Gross Profit | $26.05M | $26.82M | $25.95M | $22.37M | $21.95M | $23.32M | $18.41M | $15.84M | $18.64M | $9.53M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $17.82M | $17.83M | $16.96M | $16.32M | $17.37M | $17.71M | $16.49M | $14.86M | $16.53M | $17.54M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $836.0K | $929.0K | - | - | $940.0K | - | - | - |
| Operating Income | $8.22M | $9.00M | $8.99M | $6.05M | $4.58M | $2.98M | $1.92M | $3.76M | $2.12M | ($8.64M) |
| Interest Expense | $0 | $0 | $0 | $51.0K | $489.0K | $336.0K | $570.0K | $316.0K | $260.0K | $223.0K |
| Income Tax | $2.14M | $2.71M | $2.05M | $1.86M | $1.04M | $857.0K | $596.0K | $594.0K | $393.0K | ($1.21M) |
| Net Income | $6.45M | $6.64M | $7.33M | $4.14M | $3.05M | $1.80M | $752.0K | $2.85M | $1.48M | ($7.54M) |
| EPS - Basic | $1.20 | $1.24 | $1.38 | $0.80 | $0.59 | $0.35 | $0.15 | $0.54 | $0.28 | ($1.13) |
| EPS - Diluted | $1.14 | $1.18 | $1.31 | $0.74 | $0.57 | $0.33 | $0.14 | $0.53 | $0.28 | ($1.13) |
Balance Sheet
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 | Q3 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $57.28M | $36.77M | $38.59M | $5.74M | $4.76M | $4.57M | $2.97M | $3.37M | $2.41M | $2.18M |
| Accounts Receivable | $41.45M | $41.83M | $35.24M | $39.48M | $44.24M | $38.88M | $31.55M | $38.17M | $36.51M | $41.11M |
| Inventory | $80.57M | $95.09M | $86.97M | $95.90M | $96.58M | $96.59M | $120.81M | $122.08M | $113.31M | $141.21M |
| Accounts Payable | $23.89M | $28.86M | $28.67M | $24.85M | $25.83M | $21.66M | $21.00M | $24.75M | $25.58M | $32.15M |
| Current Assets | $200.47M | $188.60M | $175.37M | $151.61M | $155.38M | $149.89M | $165.16M | $170.64M | $160.41M | $190.07M |
| Total Assets | $290.17M | $290.19M | $281.47M | $268.72M | $274.46M | $273.77M | $284.87M | $290.55M | $267.79M | $268.74M |
| Current Liabilities | $58.23M | $62.63M | $58.51M | $53.33M | $60.41M | $53.74M | $46.83M | $55.10M | $53.78M | $64.63M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $104.87M | $111.33M | $109.29M | $114.02M | $124.09M | $128.50M | $143.50M | $148.93M | $134.98M | $137.18M |
| Stockholders' Equity | $185.30M | $178.87M | $172.18M | $154.70M | $150.37M | $145.26M | $141.37M | $141.62M | $132.80M | $131.56M |
| Retained Earnings | $207.57M | $202.22M | $196.67M | $177.35M | $174.12M | $169.98M | $166.73M | $166.80M | $157.43M | $155.28M |
Cash Flow
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 | Q3 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $4.11M | $2.40M | - | - | ($1.78M) | - | - | - |
| Investing Cash Flow | - | - | ($1.36M) | $728.0K | - | - | ($1.35M) | - | - | - |
| Financing Cash Flow | - | - | ($4.18M) | ($2.15M) | - | - | $2.74M | - | - | - |
| CapEx | - | - | $1.36M | $427.0K | - | - | $1.35M | - | - | - |
| Free Cash Flow | - | - | $2.76M | $1.97M | - | - | ($3.14M) | - | - | - |
Ratios
| Metric | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 | Q3 '23 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 22.6% | 22.7% | 23.5% | 21.5% | 21.9% | 21.7% | 19.5% | 17.0% | 18.8% | 6.7% |
| Operating margin | 7.1% | 7.6% | 8.1% | 5.8% | 4.6% | 2.8% | 2.0% | 4.0% | 2.1% | -6.1% |
| EBITDA margin | - | - | 8.9% | 6.7% | - | - | 3.0% | - | - | - |
| Net margin | 5.6% | 5.6% | 6.6% | 4.0% | 3.0% | 1.7% | 0.8% | 3.1% | 1.5% | -5.3% |
| Free cash flow margin | - | - | 2.5% | 1.9% | - | - | -3.3% | - | - | - |
| FCF / Net income | - | - | 0.38 | 0.48 | - | - | -4.17 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 15.5% | 15.1% | 15.4% | 15.7% | 17.3% | 16.5% | 17.4% | 16.0% | 16.7% | 12.4% |
| Effective tax rate | 24.9% | 28.9% | 21.9% | 31.0% | 25.5% | 32.2% | 44.2% | 17.2% | 21.0% | - |
| Return on assets | 2.2% | 2.3% | 2.6% | 1.5% | 1.1% | 0.7% | 0.3% | 1.0% | 0.6% | -2.8% |
| Return on equity | 3.5% | 3.7% | 4.3% | 2.7% | 2.0% | 1.2% | 0.5% | 2.0% | 1.1% | -5.7% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.44 | 3.01 | 3.00 | 2.84 | 2.57 | 2.79 | 3.53 | 3.10 | 2.98 | 2.94 |
| Quick ratio | 2.06 | 1.49 | 1.51 | 1.04 | 0.97 | 0.99 | 0.95 | 0.88 | 0.88 | 0.76 |
| Cash ratio | 0.98 | 0.59 | 0.66 | 0.11 | 0.08 | 0.09 | 0.06 | 0.06 | 0.04 | 0.03 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | 118.6x | 9.4x | 8.9x | 3.4x | 11.9x | 8.1x | -38.7x |
| Equity multiplier | 1.57 | 1.62 | 1.63 | 1.74 | 1.83 | 1.88 | 2.02 | 2.05 | 2.02 | 2.04 |
| Liabilities / Assets | 0.36 | 0.38 | 0.39 | 0.42 | 0.45 | 0.47 | 0.50 | 0.51 | 0.50 | 0.51 |
| Efficiency | ||||||||||
| Asset turnover | 0.40 | 0.41 | 0.39 | 0.39 | 0.36 | 0.39 | 0.33 | 0.32 | 0.37 | 0.53 |
| Inventory turnover | 1.11 | 0.96 | 0.97 | 0.85 | 0.81 | 0.87 | 0.63 | 0.63 | 0.71 | 0.94 |
| Days sales outstanding | 131d | 129d | 116d | 139d | 161d | 132d | 122d | 150d | 135d | 106d |
| Days inventory outstanding | 330d | 380d | 376d | 429d | 451d | 420d | 579d | 576d | 514d | 390d |
| Days payable outstanding | 98d | 115d | 124d | 111d | 121d | 94d | 101d | 117d | 116d | 89d |
| Cash conversion cycle | 364d | 394d | 368d | 456d | 492d | 458d | 600d | 609d | 533d | 407d |
| Valuation | ||||||||||
| P / E | 39.4x | 33.5x | 35.4x | 59.9x | 54.5x | 113.0x | 148.3x | 36.1x | 68.8x | - |
| P / B | 1.4x | 1.2x | 1.5x | 1.6x | 1.1x | 1.4x | 0.8x | 0.7x | 0.8x | 0.9x |
| P / S | 2.2x | 1.9x | 2.3x | 2.4x | 1.7x | 1.9x | 1.2x | 1.1x | 1.0x | 0.8x |
| EV / EBITDA | - | - | 22.5x | 34.6x | - | - | 38.0x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.4% | 18.1% | 6.2% | 9.9% | 7.5% | 8.2% | -31.3% | -34.3% | -29.5% | 18.9% |
| Revenue CAGR (3y) | -6.4% | -5.8% | -7.1% | -0.4% | -5.6% | -3.3% | -1.9% | -3.3% | 0.1% | 6.2% |
| Revenue CAGR (5y) | 3.1% | 2.8% | 1.9% | -2.8% | -3.3% | -0.8% | -4.6% | -6.4% | -4.8% | 3.6% |
| Gross profit growth (YoY) | 11.7% | 22.2% | 16.0% | 21.5% | 38.6% | 25.1% | -21.4% | 66.2% | -15.5% | -60.9% |
| Operating income growth (YoY) | 175.7% | 96.3% | 48.6% | 215.3% | 21.9% | 40.9% | -67.3% | - | -63.6% | - |
| Net income growth (YoY) | 257.5% | 117.8% | 77.0% | 450.5% | 6.9% | 22.2% | -82.7% | - | -72.3% | - |
| EPS growth (YoY) | 245.5% | 107.0% | 77.0% | 428.6% | 7.5% | 17.9% | -77.0% | - | -65.9% | - |
| EPS CAGR (3y) | 11.6% | - | 29.0% | 14.7% | -20.4% | -21.0% | -50.7% | - | - | - |
| EPS CAGR (5y) | - | - | 2.3% | 35.8% | 23.3% | - | -29.1% | -7.4% | -6.4% | - |
| FCF growth (YoY) | - | - | 39.9% | - | - | - | 93.1% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 27.6% | 19.0% | 11.3% | 9.4% | 6.2% | 9.4% | -17.0% | 7.6% | -5.5% | -21.7% |
Peer comparison
Same SIC group: Household Furniture
Comparing FLEXSTEEL INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$0.80/share trailing 12 months · +21.2% YoY
| Ex-date | Per share |
|---|---|
| Mar 30, 2026 | $0.2000 |
| Dec 29, 2025 | $0.2000 |
| Sep 24, 2025 | $0.2000 |
| Jun 25, 2025 | $0.2000 |
| Mar 26, 2025 | $0.1700 |
| Dec 27, 2024 | $0.1700 |
| Sep 25, 2024 | $0.1700 |
| Jun 26, 2024 | $0.1500 |
| Mar 25, 2024 | $0.1500 |
| Dec 27, 2023 | $0.1500 |
| Sep 26, 2023 | $0.1500 |
| Jun 27, 2023 | $0.1500 |
| Mar 21, 2023 | $0.1500 |
| Dec 27, 2022 | $0.1500 |
| Sep 27, 2022 | $0.1500 |
| Jun 28, 2022 | $0.1500 |
| Mar 22, 2022 | $0.1500 |
| Dec 21, 2021 | $0.1500 |
| Sep 21, 2021 | $0.1500 |
| Jun 29, 2021 | $0.1500 |
| Mar 16, 2021 | $0.1500 |
| Dec 22, 2020 | $0.1000 |
| Sep 29, 2020 | $0.0500 |
| Jun 18, 2020 | $0.0500 |