HVTNYSERetail-Furniture StoresFiscal year ends December 31Also trades as HVT.A
HAVERTY FURNITURE COMPANIES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$28.28+0.18 (+0.64%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
60.7%+4.7 pts over 5 years
Net margin
2.6%−5.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.0% | -10.2% | +0.3% | -0.6% | |
| Gross profit | +4.9% | -8.7% | +1.9% | +0.7% | |
| Net income | -1.1% | -39.6% | -19.7% | -3.4% | |
| Free cash flow | +23.0% | +13.4% | -22.7% | +2.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.7% | 23.0% | 6.4% | |
| Return on assets | 6.1% | 9.5% | 3.0% | |
| Current ratio | 2.02 | 1.55 | 1.87 | |
| Debt to equity | 0.20 | – | – | |
| Inventory turnover | 3.6× | 3.4× | 3.3× | |
| Capex to revenue | 3.6% | 1.5% | 2.6% |
Where the cash went
Fiscal 2021 to 2025, five years combined
Haverty Furniture Companies generated $357.01M from operations and spent $418.79M on capital expenditure, dividends and share buybacks. 40% of that went back into the business.
Generated
$357.01M
Used
$418.79M
Capital expenditure$167.38M40%Dividends$162.94M39%Share buybacks$88.47M21%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.6%
×Asset turnover1.17×
×Equity multiplier2.11×
=Return on equity, FY20256.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.6% | 1.17× | 2.11× | 6.4% |
| FY2024 | 2.8% | 1.11× | 2.12× | 6.5% |
| FY2023 | 6.5% | 1.32× | 2.18× | 18.8% |
| FY2022 | 8.5% | 1.57× | 2.45× | 32.8% |
| FY2021 | 9.0% | 1.48× | 2.69× | 35.7% |
| FY2020 | 7.9% | 1.21× | 2.42× | 23.0% |
| FY2019 | 2.7% | 1.60× | 1.87× | 8.2% |
| FY2018 | 3.7% | 1.81× | 1.59× | 10.7% |
| FY2017 | 2.6% | 1.79× | 1.59× | 7.3% |
| FY2016 | 3.5% | 1.77× | 1.59× | 9.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$19.73M
- Cash generatingOperating cash flow above zero$52.64M
- Return on assets improvedROA up on the prior year3.1% → 3.0%
- Earnings backed by cashOperating cash flow above net income$52.64M vs $19.73M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.82 → 1.87
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year60.74% → 60.67%
- More efficientAsset turnover rose1.11 → 1.17