FLXSNasdaqHousehold FurnitureFiscal year ends June 30
FLEXSTEEL INDUSTRIES INC
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 19, 2026
$83.79−0.22 (-0.26%)
Close on Oct 19, 2026
- Market cap
- $412.92M
- P/E (TTM)
- 13.8
- Dividend yield
- 1.01%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
24.7%+4.5 pts over 5 years
Operating margin
9.3%+2.8 pts over 5 years
Net margin
7.2%+2.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.1% | +5.3% | -0.8% | -0.9% | |
| Gross profit | +15.8% | +16.9% | +3.2% | -0.0% | |
| Operating income | +59.9% | +59.2% | +6.4% | +1.1% | |
| Net income | +64.4% | +30.9% | +7.5% | +3.2% | |
| EPS, diluted | +71.0% | +30.4% | +14.5% | +6.9% | |
| Free cash flow | +41.1% | +37.8% | – | +0.1% | |
| Dividend per share | +19.7% | +12.3% | +13.6% | +1.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 10.8% | 13.4% | 22.0% | |
| Return on assets | 9.2% | 8.6% | 12.3% | |
| Current ratio | 5.25 | 2.29 | 2.09 | |
| Interest coverage | – | 3120.0× | 1934.1× | |
| Inventory turnover | 3.9× | 3.3× | 3.8× | |
| Capex to revenue | 2.9% | 0.5% | 0.9% | |
| Diluted shares | 8M | 7M | 5M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Flexsteel Industries generated $151.36M from operations and spent $38.92M on capital expenditure, dividends and share buybacks. 53% of that went back into the business.
Generated
$151.36M
Used
$38.92M
Capital expenditure$20.61M53%Dividends$18.30M47%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.2%
×Asset turnover1.71×
×Equity multiplier1.78×
=Return on equity, FY202622.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 7.2% | 1.71× | 1.78× | 22.0% |
| FY2025 | 4.6% | 1.58× | 1.75× | 12.7% |
| FY2024 | 2.6% | 1.46× | 1.94× | 7.2% |
| FY2023 | 3.8% | 1.41× | 2.05× | 10.8% |
| FY2022 | 0.3% | 1.92× | 1.89× | 1.2% |
| FY2021 | 4.8% | 1.79× | 1.55× | 13.4% |
| FY2020 | -7.3% | 1.49× | 1.29× | -14.1% |
| FY2019 | -7.4% | 1.65× | 1.20× | -14.6% |
| FY2018 | 3.6% | 1.76× | 1.17× | 7.5% |
| FY2017 | 5.1% | 1.81× | 1.17× | 10.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
7of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$33.13M
- Cash generatingOperating cash flow above zero$51.52M
- Return on assets improvedROA up on the prior year7.3% → 11.7%
- Earnings backed by cashOperating cash flow above net income$51.52M vs $33.13M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.78 → 2.09
- No dilutionShare count did not rise6M → 5M
- Gross margin improvedGross margin up on the prior year22.21% → 24.70%
- More efficientAsset turnover rose1.61 → 1.63