LL · Ll Flooring 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 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $188.49M | - | $215.85M | $236.42M | $240.70M | - | $268.82M | $298.96M | $279.03M | - |
| Cost of Revenue | $117.32M | - | $147.34M | $151.89M | $152.70M | - | $173.24M | $192.21M | $174.95M | - |
| Gross Profit | $71.17M | - | $68.51M | $84.53M | $88.00M | - | $95.58M | $106.75M | $104.08M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $98.56M | - | $98.11M | $105.00M | $101.19M | - | $99.69M | $102.09M | $99.03M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $4.76M | - | - | - | $4.67M | - | - | - | $4.49M | - |
| Operating Income | ($27.39M) | - | ($29.60M) | ($20.47M) | ($13.19M) | - | ($4.11M) | $4.66M | $5.05M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $52.0K | - | ($30.4K) | $17.86M | ($3.76M) | - | ($982.0K) | $1.73M | $1.03M | - |
| Net Income | ($28.97M) | - | ($35.96M) | ($39.00M) | ($10.59M) | - | ($3.77M) | $2.74M | $4.04M | - |
| EPS - Basic | ($1.00) | - | ($1.25) | ($1.35) | ($0.37) | - | ($0.13) | $0.09 | $0.14 | - |
| EPS - Diluted | ($1.00) | - | ($1.25) | ($1.35) | ($0.37) | - | ($0.13) | $0.09 | $0.14 | - |
Balance Sheet
| Line item | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.97M | $8.77M | $9.96M | $7.72M | $6.98M | $10.80M | $6.05M | $5.03M | $56.07M | $85.19M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $248.27M | $265.29M | $282.62M | $286.04M | $307.74M | $332.30M | $365.62M | $358.80M | $318.57M | $254.38M |
| Accounts Payable | $50.69M | $67.19M | $61.20M | $64.74M | $54.36M | $47.73M | $62.10M | $88.95M | $91.11M | $63.46M |
| Current Assets | $271.30M | $288.19M | $319.90M | $321.97M | $339.60M | $369.75M | $399.55M | $389.79M | $397.99M | $359.83M |
| Total Assets | $523.09M | $535.57M | $568.82M | $554.24M | $588.28M | $613.95M | $651.82M | $641.26M | $650.63M | $605.89M |
| Current Liabilities | $174.61M | $187.22M | $191.24M | $197.29M | $187.55M | $180.52M | $204.71M | $245.94M | $265.76M | $232.34M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $393.61M | $378.26M | $394.95M | $345.63M | $341.96M | $357.87M | $381.53M | $367.99M | $374.13M | $333.77M |
| Stockholders' Equity | $129.48M | $157.31M | $173.86M | $208.61M | $246.32M | $256.08M | $270.29M | $273.27M | $276.50M | $272.12M |
| Retained Earnings | $45.08M | $74.05M | $91.99M | $127.95M | $166.96M | $177.54M | $192.62M | $196.40M | $193.66M | $189.62M |
Cash Flow
| Line item | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($23.69M) | - | - | - | $26.15M | - | - | - | ($23.40M) | - |
| Investing Cash Flow | ($1.85M) | - | - | - | ($4.74M) | - | - | - | ($5.19M) | - |
| Financing Cash Flow | $22.74M | - | - | - | ($25.23M) | - | - | - | ($528.0K) | - |
| CapEx | $1.86M | - | - | - | $4.74M | - | - | - | $5.25M | - |
| Free Cash Flow | ($25.55M) | - | - | - | $21.41M | - | - | - | ($28.65M) | - |
Ratios
| Metric | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.8% | - | 31.7% | 35.8% | 36.6% | - | 35.6% | 35.7% | 37.3% | - |
| Operating margin | -14.5% | - | -13.7% | -8.7% | -5.5% | - | -1.5% | 1.6% | 1.8% | - |
| EBITDA margin | -12.0% | - | - | - | -3.5% | - | - | - | 3.4% | - |
| Net margin | -15.4% | - | -16.7% | -16.5% | -4.4% | - | -1.4% | 0.9% | 1.4% | - |
| Free cash flow margin | -13.6% | - | - | - | 8.9% | - | - | - | -10.3% | - |
| FCF / Net income | 0.88 | - | - | - | -2.02 | - | - | - | -7.10 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 52.3% | - | 45.5% | 44.4% | 42.0% | - | 37.1% | 34.1% | 35.5% | - |
| Effective tax rate | - | - | - | - | - | - | - | 38.7% | 20.4% | - |
| Return on assets | -5.5% | - | -6.3% | -7.0% | -1.8% | - | -0.6% | 0.4% | 0.6% | - |
| Return on equity | -22.4% | - | -20.7% | -18.7% | -4.3% | - | -1.4% | 1.0% | 1.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.55 | 1.54 | 1.67 | 1.63 | 1.81 | 2.05 | 1.95 | 1.58 | 1.50 | 1.55 |
| Quick ratio | 0.13 | 0.12 | 0.19 | 0.18 | 0.17 | 0.21 | 0.17 | 0.13 | 0.30 | 0.45 |
| Cash ratio | 0.03 | 0.05 | 0.05 | 0.04 | 0.04 | 0.06 | 0.03 | 0.02 | 0.21 | 0.37 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 4.04 | 3.40 | 3.27 | 2.66 | 2.39 | 2.40 | 2.41 | 2.35 | 2.35 | 2.23 |
| Liabilities / Assets | 0.75 | 0.71 | 0.69 | 0.62 | 0.58 | 0.58 | 0.59 | 0.57 | 0.58 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | 0.36 | - | 0.38 | 0.43 | 0.41 | - | 0.41 | 0.47 | 0.43 | - |
| Inventory turnover | 0.47 | - | 0.52 | 0.53 | 0.50 | - | 0.47 | 0.54 | 0.55 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 772d | - | 700d | 687d | 736d | - | 770d | 681d | 665d | - |
| Days payable outstanding | 158d | - | 152d | 156d | 130d | - | 131d | 169d | 190d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -21.7% | - | -19.7% | -20.9% | - | - | -4.8% | -0.8% | 21.2% | - |
| Revenue CAGR (3y) | -12.3% | - | -10.0% | - | 1.5% | - | -0.2% | 1.2% | 2.2% | - |
| Revenue CAGR (5y) | -6.7% | - | -4.4% | -3.6% | -1.7% | - | 0.9% | 2.6% | 3.6% | - |
| Gross profit growth (YoY) | -19.1% | - | -28.3% | -20.8% | - | - | -9.1% | -5.3% | 17.9% | - |
| Operating income growth (YoY) | -107.8% | - | -620.2% | - | - | - | - | -71.9% | -15.8% | - |
| Net income growth (YoY) | -173.7% | - | -852.9% | - | - | - | - | -77.2% | 53.0% | - |
| EPS growth (YoY) | -170.3% | - | -861.5% | - | - | - | - | -78.0% | 55.6% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | -10.9% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -47.4% | -38.6% | -35.7% | -23.7% | - | -5.9% | 3.6% | 8.8% | 56.3% | 19.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$1.81B totalProduct$779.33M · 43.1%
Manufactured Products$435.51M · 24.1%
Solid And Engineered Hardwood$211.21M · 11.7%
Moldings And Accessories$129.95M · 7.2%
Installation And Delivery Services$128.08M · 7.1%
Service$125.42M · 6.9%
Peer comparison
Same SIC group: Retail-Lumber & Other Building Materials Dealers
Comparing LL Flooring Holdings against the 5 most active filers in the same SIC group.