Flexsteel Industries (FLXS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Flexsteel Industries

NasdaqGS•Consumer Cyclical•Furnishings, Fixtures & Appliances

$82.16+1.79(0.02%)Market closed

Market Cap

$408.41M

P/E

12.3x

P/S

0.9x

P/B

3.1x

Flexsteel Industries, Inc., together with its subsidiaries, manufactures, distributes, imports, and markets residential furniture products in the United States. The company offers stationary and motion sofas; loveseats; chairs and sectionals; bedroom furniture; dining tables and chairs; occasional and entertainment tables; and kitchen storage. It distributes its products through its e-commerce channel and direct sales force. The company was founded in 1893 and is based in Dubuque, Iowa.

How this company scores

GoodMetricSide Score: 75/100

Strongest: Profitability (21/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability21/25

Growth19/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality20/25

Strengths

Rising free cash flowHigh ROERising earningsInterest easily covered

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.3x5y range 6.3x – 61.9x

Currently near its 19-quarter median.

P/S · 0.9x5y range 0.2x – 0.9x

Currently above its 20-quarter median.

P/B · 3.1x5y range 0.6x – 3.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.6x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $408.41M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $459.18M
Q. Revenue: $115.36M
TTM EBITDA: $48.29M
TTM Op. Income: $42.55M
Q. Op. Income: $16.34M
TTM Net Income: $33.13M
Q. Net Income: $12.71M
EPS: $6.46
Shares Out.: $5.13M

$459.18M in TTM revenue grew 4.1% YoY, reaching $115.36M last quarter. TTM EBITDA of $48.29M and TTM operating income of $42.55M show growth is flowing through to the bottom line. TTM net income of $33.13M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 30.0%
EBITDA Margin: 16.8%
Op. Margin: 14.2%
Net Margin: 11.0%

Op. margin of 14.2% is up 2.0% YoY — cost efficiency is improving. Net margin at 11.0% and gross margin of 30.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 16% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.3x
P/S Ratio: 0.9x
P/B Ratio: 3.1x

At 12.3x P/E, the stock trades below typical market levels. P/S of 0.9x and P/B of 3.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 31% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $254.01M
Cash: $16.68M
Long-Term Debt: N/A
Book Value: $133.50M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $24.32M
TTM Free Cash Flow: $47.58M
FCF Margin: 10.4%
FCF / Net Income: 1.4

TTM FCF of $47.58M on $24.32M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.