FND · Floor & Decor Holdings, 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.68B | $4.46B | $4.41B | $4.26B | $3.43B | $2.43B |
| Cost of Revenue | $2.64B | $2.53B | $2.56B | $2.54B | $2.01B | $1.39B |
| Gross Profit | $2.04B | $1.93B | $1.86B | $1.73B | $1.42B | $1.03B |
| R&D | - | - | - | - | - | - |
| SG&A | $1.67B | $266.17M | $252.71M | $213.85M | $199.40M | $144.72M |
| Total Operating Expenses | - | $1.67B | $1.54B | $1.33B | $1.08B | $820.31M |
| D&A | $241.16M | $232.47M | $201.87M | $155.02M | $118.20M | $91.64M |
| Operating Income | $270.07M | $256.18M | $321.43M | $396.76M | $338.99M | $214.58M |
| Interest Expense | $3.41M | $9.90M | $9.90M | $11.14M | $4.92M | $8.39M |
| Income Tax | $58.01M | $47.53M | $65.55M | $87.43M | $50.84M | $12.22M |
| Net Income | $208.65M | $205.87M | $245.98M | $298.19M | $283.23M | $194.98M |
| EPS - Basic | $1.94 | $1.92 | $2.31 | $2.82 | $2.71 | $1.90 |
| EPS - Diluted | $1.92 | $1.90 | $2.28 | $2.78 | $2.64 | $1.84 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $249.30M | $187.67M | $34.38M | $9.79M | $139.44M | $307.77M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $1.13B | $1.13B | $1.11B | $1.29B | $1.01B | $654.00M |
| Accounts Payable | $683.67M | $794.86M | $679.26M | $590.88M | $661.88M | $417.90M |
| Current Assets | $1.53B | $1.49B | $1.32B | $1.46B | $1.27B | $1.04B |
| Total Assets | $5.47B | $5.05B | $4.66B | $4.35B | $3.73B | $2.88B |
| Current Liabilities | $1.15B | $1.24B | $1.15B | $1.01B | $1.03B | $698.84M |
| Long-term Debt | $193.59M | $194.53M | $194.94M | $405.55M | $195.76M | $207.16M |
| Total Liabilities | $3.06B | $2.88B | $2.73B | $2.69B | $2.41B | $1.88B |
| Stockholders' Equity | $2.41B | $2.17B | $1.93B | $1.66B | $1.32B | $997.39M |
| Retained Earnings | $1.83B | $1.62B | $1.42B | $1.17B | $872.23M | $589.00M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $381.84M | $603.15M | $803.59M | $112.45M | $301.34M | $406.16M |
| Investing Cash Flow | ($317.76M) | ($446.83M) | ($564.97M) | ($455.64M) | ($471.24M) | ($212.45M) |
| Financing Cash Flow | ($2.44M) | ($3.04M) | ($214.03M) | $213.54M | $1.57M | $87.02M |
| CapEx | $317.76M | $446.83M | $547.61M | $456.60M | $407.67M | $212.45M |
| Free Cash Flow | $64.07M | $156.33M | $255.98M | ($344.15M) | ($106.33M) | $193.72M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 43.6% | 43.3% | 42.1% | 40.5% | 41.4% | 42.7% |
| Operating margin | 5.8% | 5.7% | 7.3% | 9.3% | 9.9% | 8.8% |
| EBITDA margin | 10.9% | 11.0% | 11.9% | 12.9% | 13.3% | 12.6% |
| Net margin | 4.5% | 4.6% | 5.6% | 7.0% | 8.2% | 8.0% |
| Free cash flow margin | 1.4% | 3.5% | 5.8% | -8.1% | -3.1% | 8.0% |
| FCF / Net income | 0.31 | 0.76 | 1.04 | -1.15 | -0.38 | 0.99 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 35.7% | 6.0% | 5.7% | 5.0% | 5.8% | 6.0% |
| Effective tax rate | 21.8% | 18.8% | 21.0% | 22.7% | 15.2% | 5.9% |
| Return on assets | 3.8% | 4.1% | 5.3% | 6.9% | 7.6% | 6.8% |
| Return on equity | 8.7% | 9.5% | 12.7% | 18.0% | 21.4% | 19.5% |
| Return on invested capital | 8.1% | 8.8% | 11.9% | 14.9% | 18.9% | 16.8% |
| Liquidity | ||||||
| Current ratio | 1.33 | 1.20 | 1.14 | 1.45 | 1.23 | 1.49 |
| Quick ratio | 0.34 | 0.29 | 0.18 | 0.16 | 0.26 | 0.55 |
| Cash ratio | 0.22 | 0.15 | 0.03 | 0.01 | 0.14 | 0.44 |
| Leverage | ||||||
| Debt / Equity | 0.08 | 0.09 | 0.10 | 0.24 | 0.15 | 0.21 |
| Debt / Assets | 0.04 | 0.04 | 0.04 | 0.09 | 0.05 | 0.07 |
| Debt / EBITDA | 0.38 | 0.40 | 0.37 | 0.73 | 0.43 | 0.68 |
| Interest coverage | 79.2x | 25.9x | 32.5x | 35.6x | 68.8x | 25.6x |
| Equity multiplier | 2.27 | 2.33 | 2.41 | 2.63 | 2.82 | 2.89 |
| Liabilities / Assets | 0.56 | 0.57 | 0.59 | 0.62 | 0.65 | 0.65 |
| Efficiency | ||||||
| Asset turnover | 0.86 | 0.88 | 0.95 | 0.98 | 0.92 | 0.84 |
| Inventory turnover | 2.33 | 2.23 | 2.31 | 1.96 | 2.00 | 2.13 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 157d | 164d | 158d | 186d | 183d | 172d |
| Days payable outstanding | 95d | 115d | 97d | 85d | 120d | 110d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 31.7x | 52.5x | 48.9x | 25.0x | 49.2x | 50.5x |
| P / B | 2.7x | 5.0x | 6.2x | 4.5x | 10.6x | 9.9x |
| P / S | 1.4x | 2.4x | 2.7x | 1.8x | 4.1x | 4.1x |
| EV / EBITDA | 12.8x | 22.1x | 23.3x | 14.3x | 30.7x | 31.9x |
| Growth | ||||||
| Revenue growth (YoY) | 5.1% | 0.9% | 3.5% | 24.2% | 41.5% | 18.6% |
| Revenue CAGR (3y) | 3.2% | 9.1% | 22.1% | 27.7% | 26.2% | 45.7% |
| Revenue CAGR (5y) | 14.1% | 16.8% | 20.9% | 40.3% | - | - |
| Gross profit growth (YoY) | 6.0% | 3.8% | 7.6% | 21.5% | 37.4% | 19.9% |
| Operating income growth (YoY) | 5.4% | -20.3% | -19.0% | 17.0% | 58.0% | 34.8% |
| Net income growth (YoY) | 1.3% | -16.3% | -17.5% | 5.3% | 45.3% | 29.4% |
| EPS growth (YoY) | 1.1% | -16.7% | -18.0% | 5.3% | 43.5% | 27.8% |
| EPS CAGR (3y) | -11.6% | -10.4% | 7.4% | 24.5% | 33.5% | 81.1% |
| EPS CAGR (5y) | 0.9% | 5.7% | 15.5% | 55.1% | - | - |
| FCF growth (YoY) | -59.0% | -38.9% | - | -223.7% | - | 2139.5% |
| FCF CAGR (5y) | -19.9% | 78.4% | 49.5% | - | - | - |
| Book value growth (YoY) | 11.0% | 12.4% | 16.5% | 25.2% | 32.7% | 30.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-25.
Business segments
$4.68B totalRetail Segment$4.44B · 94.8%
All Other Segments$243.47M · 5.2%
Product / service
$4.68B totalLaminate And Vinyl$1.15B · 24.6%
Tile$1.06B · 22.7%
Installation Materials And Tools$957.20M · 20.4%
Decorative Accessories And Wall Tile$770.00M · 16.4%
Wood$332.75M · 7.1%
Natural Stone$201.97M · 4.3%
Adjacent Categories$115.66M · 2.5%
Product And Service Other$87.08M · 1.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.67
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Retail-Lumber & Other Building Materials Dealers
Comparing Floor & Decor Holdings against the 5 most active filers in the same SIC group.