Steelcase (SCS) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2025Income Metrics
Revenue
3.2B
Gross Profit
1.0B
33.05%
Operating Income
158.5M
5.01%
Net Income
120.7M
3.81%
EPS (Diluted)
$1.02
Balance Sheet Metrics
Total Assets
2.3B
Total Liabilities
1.4B
Shareholders Equity
951.7M
Debt to Equity
1.45
Cash Flow Metrics
Operating Cash Flow
171.3M
Free Cash Flow
101.4M
Revenue & Profitability Trend
Steelcase Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 3.2B | 3.2B | 3.2B | 2.8B | 2.6B |
| Cost of Goods Sold | 2.1B | 2.1B | 2.3B | 2.0B | 1.8B |
| Gross Profit | 1.0B | 1.0B | 919.4M | 761.5M | 762.8M |
| Operating Expenses | 888.0M | 877.1M | 838.3M | 742.1M | 684.2M |
| Operating Income | 158.5M | 135.3M | 81.1M | 19.4M | 78.6M |
| Pre-tax Income | 134.2M | 107.1M | 51.6M | 1.6M | 25.9M |
| Income Tax | 13.5M | 26.0M | 16.3M | -2.4M | -200.0K |
| Net Income | 120.7M | 81.1M | 35.3M | 4.0M | 26.1M |
| EPS (Diluted) | $1.02 | $0.68 | $0.30 | $0.03 | $0.22 |
Income Statement Trend
Steelcase Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.0B | 959.4M | 884.0M | 959.2M | 1.0B |
| Non-Current Assets | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Total Assets | 2.3B | 2.2B | 2.2B | 2.3B | 2.4B |
| Liabilities | |||||
| Current Liabilities | 669.1M | 607.1M | 603.3M | 567.2M | 515.0M |
| Non-Current Liabilities | 709.6M | 742.5M | 773.3M | 841.6M | 878.5M |
| Total Liabilities | 1.4B | 1.3B | 1.4B | 1.4B | 1.4B |
| Equity | |||||
| Total Shareholders Equity | 951.7M | 887.1M | 826.2M | 852.2M | 960.5M |
Balance Sheet Composition
Steelcase Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 120.7M | 81.1M | 35.3M | 4.0M | 26.1M |
| Operating Cash Flow | 171.3M | 337.3M | 115.0M | -92.7M | 65.7M |
| Investing Activities | |||||
| Capital Expenditures | 44.4M | 49.4M | 9.9M | 17.4M | 7.4M |
| Investing Cash Flow | 12.3M | 53.2M | -75.7M | -5.0M | 10.7M |
| Financing Activities | |||||
| Dividends Paid | -47.6M | -47.6M | -57.3M | -62.6M | -43.5M |
| Financing Cash Flow | -84.0M | -85.9M | -62.9M | -120.0M | -87.8M |
| Free Cash Flow | 101.4M | 261.6M | 30.3M | -163.1M | 23.5M |
Cash Flow Trend
Steelcase Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
10.31
Forward P/E
9.23
Price to Book
1.26
Price to Sales
0.37
PEG Ratio
9.23
Profitability Ratios
Profit Margin
3.81%
Operating Margin
1.40%
Return on Equity
13.13%
Return on Assets
3.07%
Financial Health
Current Ratio
1.54
Debt to Equity
63.12
Beta
1.13
Per Share Data
EPS (TTM)
$1.02
Book Value per Share
$8.37
Revenue per Share
$27.77
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| scs | 1.2B | 10.31 | 1.26 | 13.13% | 3.81% | 63.12 |
| SomniGroup | 13.8B | 42.39 | 5.03 | 17.90% | 5.14% | 252.30 |
| SharkNinja | 13.3B | 29.88 | 6.53 | 24.75% | 7.86% | 45.66 |
| La-Z-Boy | 1.6B | 16.28 | 1.54 | 9.87% | 4.72% | 47.57 |
| MasterBrand | 1.3B | 13.75 | 1.03 | 8.02% | 3.74% | 86.45 |
| Leggett & Platt | 1.3B | 13.03 | 1.68 | -50.31% | -11.89% | 281.93 |
Financial data is updated regularly. All figures are in the company's reporting currency.