VIRCNasdaqPublic Bldg & Related FurnitureFiscal year ends January 31
VIRCO MFG CORPORATION
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 4, 2026
$6.40−0.07 (-1.08%)
Close on Oct 19, 2026
- Market cap
- $100.72M
- P/E (TTM)
- –
- Dividend yield
- 1.56%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
40.7%+4.7 pts over 5 years
Operating margin
1.8%+1.4 pts over 5 years
Net margin
1.3%+2.7 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 | -25.0% | -4.8% | +5.5% | +1.7% | |
| Gross profit | -29.2% | -1.6% | +8.1% | +3.1% | |
| Operating income | -86.9% | -29.9% | +37.9% | -4.7% | |
| Net income | -88.1% | -46.3% | – | -5.6% | |
| EPS, diluted | -87.9% | -46.1% | – | -6.1% | |
| Dividend per share | +11.1% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 49.1% | -4.1% | 2.4% | |
| Return on assets | 23.0% | -1.7% | 1.4% | |
| Current ratio | 2.25 | 2.31 | 3.09 | |
| Debt to equity | 0.08 | 0.19 | 0.04 | |
| Net debt to EBITDA | 0.38× | 1.72× | -1.08× | |
| Interest coverage | 4.9× | 0.5× | 12.2× | |
| Inventory turnover | 3.2× | 2.4× | 2.1× | |
| Capex to revenue | 2.5% | 1.4% | 2.9% | |
| Diluted shares | 15M | 16M | 16M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Virco Mfg generated $65.12M from operations and spent $35.29M on capital expenditure, dividends and share buybacks. 67% of that went back into the business.
Generated
$65.12M
Used
$35.29M
Capital expenditure$23.72M67%Dividends$3.37M10%Share buybacks$8.20M23%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.3%
×Asset turnover1.09×
×Equity multiplier1.70×
=Return on equity, FY20262.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 1.3% | 1.09× | 1.70× | 2.4% |
| FY2025 | 8.1% | 1.57× | 1.69× | 21.6% |
| FY2024 | 8.1% | 1.81× | 1.86× | 27.5% |
| FY2023 | 7.2% | 1.67× | 2.39× | 28.7% |
| FY2022 | -8.2% | 1.47× | 2.47× | -29.8% |
| FY2021 | -1.5% | 1.16× | 2.42× | -4.1% |
| FY2020 | 1.2% | 1.47× | 2.34× | 4.3% |
| FY2019 | -0.8% | 1.67× | 2.07× | -2.8% |
| FY2018 | -1.7% | 1.68× | 1.90× | -5.4% |
| FY2017 | 13.1% | 1.76× | 2.13× | 49.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$2.57M
- Cash generatingOperating cash flow above zero-$841.00K
- Return on assets improvedROA up on the prior year14.8% → 1.3%
- Earnings backed by cashOperating cash flow above net income-$841.00K vs $2.57M
- Less leverageLong-term debt to assets fell2.0% → 2.1%
- Better liquidityCurrent ratio rose2.98 → 3.09
- No dilutionShare count did not rise16M → 16M
- Gross margin improvedGross margin up on the prior year43.08% → 40.69%
- More efficientAsset turnover rose1.82 → 1.04