Financials in USD. Standardized financial statements.
A compact view of how Steelcase Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.17B | $3.16B | $3.23B | $2.77B | $2.60B | $3.72B | $3.44B | $3.06B | $3.03B | $3.06B |
| Revenue Growth? | +0.2% | -2.3% | +16.6% | +6.8% | -30.3% | +8.1% | +12.7% | +0.8% | -0.9% | 0.0% |
| Cost of Revenue? | $2.12B | $2.15B | $2.31B | $2.01B | $1.83B | $2.51B | $2.36B | $2.05B | $2.02B | $2.09B |
| Gross Profit? | $1.05B | $1.01B | $919.40M | $761.50M | $762.80M | $1.22B | $1.09B | $1.01B | $1.01B | $971.20M |
| Gross Margin? | +33.1% | +32.0% | +28.4% | +27.5% | +29.4% | +32.6% | +31.6% | +32.9% | +33.3% | +31.7% |
| Operating Expenses? | $888.00M | $894.60M | $853.90M | $741.40M | $684.20M | $958.20M | $904.30M | $850.10M | $809.30M | $790.00M |
| Operating Income? | $158.10M | $117.80M | $65.50M | $20.10M | $43.00M | $257.00M | $183.60M | $156.00M | $200.20M | $174.60M |
| EBITDA? | $240.70M | $216.60M | $170.00M | $110.50M | $138.20M | $358.10M | $268.60M | $244.80M | $264.80M | $260.20M |
| Income Before Tax | $134.20M | $107.10M | $51.60M | $1.60M | $25.90M | $245.20M | $163.90M | $161.50M | $196.30M | $174.80M |
| Income Tax Expense | $13.50M | $26.00M | $16.30M | -$2.40M | -$200,000 | $45.50M | $37.90M | $80.80M | $71.70M | $4.50M |
| Net Income? | $120.70M | $81.10M | $35.30M | $4.00M | $26.10M | $199.70M | $126.00M | $80.70M | $124.60M | $170.30M |
| EPS? | $1.02 | $0.68 | $0.30 | $0.03 | $0.22 | $1.67 | $1.06 | $0.68 | $1.03 | $1.37 |
| Diluted EPS? | $1.02 | $0.68 | $0.30 | $0.03 | $0.22 | $1.66 | $1.05 | $0.68 | $1.03 | $1.36 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality