Flexsteel Industries, Inc.

FLXS

FLXSFlexsteel Industries, Inc. US flag

NASDAQ Global Select

57.75

USD

-1.44

- -

309.28MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	339	352	386	439	467	500	469	489	444	367	479	544	394	413	441
+ Sales & Services Revenue	339	352	386	439	467	500	469	489	444	367	479	544	394	413	441
- Cost of Revenue	262	267	296	338	357	386	360	391	374	314	382	472	323	326	343
+ Cost of Goods & Services	262	267	296	338	357	386	360	391	374	314	382	472	323	326	343
Gross Profit	77	85	90	100	110	114	109	98	70	53	97	73	71	87	98
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	60	65	70	72	76	78	73	72	81	72	68	67	63	70	67
+ Selling, General & Admin	60	65	70	72	76	78	73	72	81	72	68	67	63	70	67
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	17	20	20	29	34	36	36	26	-11	-19	29	6	8	17	31
- Non-Operating (Income) Loss	1	- -	-1	5	-1	-2	-1	1	31	14	-3	- -	-1	1	4
+ Interest Expense, Net	- -	- -	-1	-2	-1	- -	- -	- -	- -	- -	- -	1	1	2	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	- -
- Interest Income	- -	- -	1	2	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	1	- -	- -	6	- -	-2	-1	1	31	14	-3	-1	-3	- -	5
Pretax Income	16	21	21	24	36	38	38	25	-43	-34	31	6	9	16	27
- Income Tax Expense (Benefit)	6	8	8	9	13	14	14	7	-10	-7	8	4	-6	5	7
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	10	13	13	15	22	24	24	18	-33	-27	23	2	15	11	20
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	10	13	13	15	22	24	24	18	-33	-27	23	2	15	11	20
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	10	13	13	15	22	24	24	18	-33	-27	23	2	15	11	20
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	10	13	13	15	22	24	24	18	-33	-27	23	2	15	11	20
EBIT	17	20	20	29	34	36	36	26	-11	-19	29	6	8	17	31
EBITDA	20	23	24	33	39	43	44	34	-4	-11	34	11	12	21	35
EBITDA Margin (%)	5.77	6.56	6.23	7.46	8.38	8.67	9.39	6.88	-0.88	-3	7.09	2.04	3.13	5.04	7.91
EBITA	17	20	20	29	34	36	36	26	-11	-19	29	6	8	17	31
Gross Margin (%)	22.77	24.22	23.43	22.86	23.53	22.73	23.18	20.08	15.77	14.46	20.2	13.35	18.02	21.14	22.21
Operating Margin (%)	4.97	5.75	5.25	6.51	7.32	7.16	7.7	5.37	-2.56	-5.28	6	1.09	1.97	4.07	7.08
Profit Margin (%)	3.07	3.71	3.41	3.42	4.78	4.85	5.07	3.61	-7.35	-7.32	4.81	0.34	3.75	2.55	4.57
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.27	0.37	0.6	0.6	0.69	0.72	0.78	0.86	0.88	0.88	0.36	0.62	0.62	0.62	0.68
Depreciation Expense	3	3	4	4	5	8	8	7	7	8	5	5	5	4	4
Basic Weighted Avg Shares	7	7	7	7	7	8	8	8	8	8	7	6	5	5	5
Basic EPS, GAAP	1.56	1.93	1.87	2.07	3	3.19	3.06	2.25	-4.13	-3.37	3.2	0.29	2.83	2.04	3.84
Basic EPS from Cont Ops	1.56	1.93	1.87	2.07	3	3.19	3.06	2.25	-4.13	-3.37	3.2	0.29	2.83	2.04	3.84
Diluted Weighted Avg Shares	7	7	7	8	8	8	8	8	8	8	7	7	5	6	6
Diluted EPS, GAAP	1.5	1.86	1.8	2	2.89	3.12	3.02	2.23	-4.13	-3.37	3.09	0.28	2.74	1.91	3.55
Diluted EPS from Cont Ops	1.5	1.86	1.8	2	2.89	3.12	3.02	2.23	-4.13	-3.37	3.09	0.28	2.74	1.91	3.55

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	128	136	149	165	167	176	195	190	166	182	229	190	171	155	172
+ Cash, Cash Equivalents & STI	18	14	11	22	1	37	47	44	22	48	1	2	3	5	40
+ Cash & Cash Equivalents	18	14	11	22	1	37	29	28	22	48	1	2	3	5	40
+ ST Investments	- -	- -	- -	- -	- -	- -	18	16	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	31	34	36	39	45	45	42	41	38	32	56	41	38	44	35
+ Accounts Receivable, Net	31	34	36	39	45	45	42	41	38	32	56	41	38	44	35
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	74	83	92	98	114	86	99	96	94	71	161	141	122	97	89
+ Raw Materials	9	10	11	12	13	13	15	13	14	11	22	16	19	14	11
+ Work In Process	4	5	5	5	6	6	7	7	6	4	6	6	4	3	3
+ Finished Goods	60	67	76	81	95	67	77	76	73	56	132	119	100	80	75
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	5	5	10	7	7	9	7	8	12	31	10	6	7	10	8
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	36	46	43	45	78	70	75	95	88	55	68	79	120	119	110
+ Property, Plant & Equip, Net	21	30	32	32	65	64	71	91	79	52	67	77	107	98	78
+ Property, Plant & Equip	93	102	105	107	142	147	155	175	160	111	116	127	160	145	122
- Accumulated Depreciation	72	72	73	75	77	83	85	84	81	59	49	50	53	47	45
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	15	16	11	13	13	6	4	4	9	3	1	2	13	21	32
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	15	16	11	13	13	6	4	4	9	3	1	2	13	21	32
Total Assets	165	182	193	210	245	247	270	284	254	237	297	269	291	274	282
+ Payables & Accruals	21	32	33	36	38	33	37	37	44	45	90	55	48	53	54
+ Accounts Payable	10	13	14	16	18	11	17	17	18	28	68	32	25	26	26
+ Accrued Taxes	- -	1	- -	1	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	1
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	11	18	18	20	20	22	20	20	26	18	22	21	23	27	27
+ ST Debt	- -	- -	- -	- -	12	- -	- -	- -	- -	4	6	6	7	8	8
+ ST Borrowings	- -	- -	- -	- -	12	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	6	6	7	8	8
+ Other ST Liabilities	7	- -	3	1	1	- -	- -	4	4	4	4	4	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	7	- -	3	1	1	- -	- -	4	4	4	4	4	- -	- -	- -
Total Current Liabilities	28	32	36	37	51	33	37	41	48	53	100	65	55	60	62
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	8	28	72	93	63	52
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	38	28	5	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	8	24	34	65	58	52
+ Other LT Liabilities	8	10	6	7	7	4	2	2	1	1	1	1	1	1	1
+ Accrued Liabilities	5	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	6	2	3	3	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	3	-1	3	3	4	3	2	2	1	1	1	1	1	1	1
Total Noncurrent Liabilities	8	10	6	7	7	4	2	2	1	8	29	73	94	64	53
Total Liabilities	36	42	41	43	58	37	39	43	49	62	129	137	149	124	115
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	13	15	18	23	26	31	34	34	35	40	42	43	45	48	49
+ Common Stock	7	7	7	7	7	8	8	8	8	8	8	8	8	8	9
+ Additional Paid in Capital	7	8	11	15	19	23	26	26	28	32	34	34	37	40	41
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	31	66	70	72	72
+ Retained Earnings	116	126	135	145	162	181	198	210	170	137	157	155	167	174	190
+ Other Equity	-1	-2	-1	-1	-2	-2	-2	-2	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	129	139	151	167	187	210	231	242	205	176	168	132	142	150	168
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	129	139	151	167	187	210	231	242	205	176	168	132	142	150	168
Total Liabilities & Equity	165	182	193	210	245	247	270	284	254	237	297	269	291	274	282
Shares Outstanding	7	7	7	7	7	8	8	8	8	8	7	5	5	5	5
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	12	30	40	72	66	59
Net Debt	-18	-14	-11	-22	11	-37	-29	-28	-22	-48	2	36	25	- -	-40
Net Debt to Equity	-13.91	-10.02	-7.23	-13.3	5.69	-17.54	-12.51	-11.48	-10.83	-27.46	1.28	27.03	17.59	0.04	-23.83
Tangible Common Equity Ratio	78.08	76.75	78.55	79.32	76.34	84.91	85.45	85.02	80.79	73.97	56.6	48.95	48.74	54.79	59.42
Current Ratio	4.64	4.26	4.2	4.5	3.25	5.29	5.25	4.63	3.47	3.4	2.29	2.94	3.1	2.57	2.78
Cash Conversion Cycle	123.64	125.54	124.92	117.96	124.23	112.14	114.2	106.51	107.88	101.52	107.37	109.18	151.43	128.26	103.69

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	10	13	13	15	22	24	24	18	-33	-27	23	2	15	11	20
+ Depreciation & Amortization	3	3	4	4	5	8	8	7	7	8	5	5	5	4	4
+ Non-Cash Items	2	1	1	- -	1	2	1	-1	21	11	1	-1	-5	- -	4
+ Stock-Based Compensation	1	1	1	1	2	1	2	1	1	5	4	1	3	5	4
+ Deferred Income Taxes	- -	- -	- -	- -	1	3	2	- -	-4	3	2	- -	-7	-1	-4
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	21	20	- -	- -	- -	- -	14
+ Other Non-Cash Adj	1	- -	- -	-1	-2	-2	-2	-2	2	-18	-4	-2	-1	-3	-10
+ Chg in Non-Cash Work Cap	-1	-8	-12	-3	-25	21	-6	3	10	26	-62	2	8	17	9
+ (Inc) Dec in Accts Receiv	3	-2	-2	-2	-7	1	2	1	3	4	-25	15	3	-6	9
+ (Inc) Dec in Inventories	-1	-9	-10	-6	-16	28	-13	3	3	23	-91	20	19	25	7
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-3	3	1	5	2	-5	5	1	11	3	44	-37	-9	6	- -
+ Inc (Dec) in Other	- -	- -	-1	- -	-5	-3	- -	-2	-6	-5	10	4	-6	-8	-8
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	14	9	6	16	3	54	26	27	7	18	-33	8	23	32	37
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	2	6	- -	20	19	2	- -	4	12
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	2	6	- -	20	19	2	- -	4	12
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	1	1	2	1	1	- -	- -	- -	-2	-30	-35	-4	-2	- -
+ Increase in Capital Stock	- -	1	1	2	1	2	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	-1	- -	- -	-2	-30	-35	-4	-2	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	-18	2	16	- -	- -	- -	- -	- -	1
+ Dec in LT Investment	- -	- -	1	5	2	3	12	44	29	2	- -	- -	- -	- -	1
+ Inc in LT Investment	-1	-1	-1	-6	-2	-3	-31	-42	-13	-2	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-3	-11	-6	-4	-32	-5	-13	-29	-21	-4	-3	-4	-5	-5	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-3	-11	-6	-4	-33	-5	-30	-21	-5	17	16	-2	-4	-1	9
+ Dividends Paid	-2	-3	-4	-4	-5	-5	-6	-7	-7	-7	-3	-4	-3	-3	-4
+ Net Cash From Debt	- -	- -	- -	- -	12	-12	- -	- -	- -	- -	4	68	-19	-23	-5
+ Cash From Debt	- -	- -	- -	- -	12	- -	- -	- -	- -	15	8	530	728	368	202
+ Repayments of Debt	- -	- -	- -	- -	- -	-12	- -	- -	- -	-15	-5	-462	-747	-391	-207
+ Other Financing Activities	- -	- -	- -	1	1	2	1	-1	- -	-1	-1	-35	9	-2	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-2	-2	-3	-1	8	-14	-5	-7	-7	-9	-30	-5	-17	-30	-11
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	10	-4	-3	11	-21	35	-8	-1	-6	26	-47	1	1	1	35
EBITDA	20	23	24	33	39	43	44	34	-4	-11	34	11	12	21	35
EBITDA Margin (%)	5.77	6.56	6.23	7.46	8.38	8.67	9.39	6.88	-0.88	-3	7.09	2.04	3.13	5.04	7.91
Free Cash Flow	14	9	6	16	3	54	26	27	7	18	-33	8	23	32	37
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	14	9	6	16	3	54	26	27	- -	- -	-33	8	- -	33	37
Free Cash Flow to Equity	14	9	6	16	15	43	28	33	7	39	-11	78	4	13	44
Free Cash Flow per Basic Share	2.06	1.32	0.84	2.25	0.44	7.16	3.39	3.48	0.85	2.3	-4.54	1.26	4.4	6.17	7.04
Price/Free Cash Flow	7.34	15.44	30.25	15.43	101.6	5.66	16.17	11.58	20.05	5.49	-9.23	14.64	4.48	5.38	5.53
Cash Flow to Net Income	1.32	0.69	0.45	1.08	0.15	2.24	1.11	1.55	-0.21	-0.68	-1.42	4.31	1.56	3.03	1.83
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -