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MARKETS / NASDAQ / FLXS
NASDAQ · HOUSEHOLD FURNITURE · MID CAP

Flexsteel Industries Inc. FLXS

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$459.2M
▲ 4.1% YoY
$33.1M
▲ 64.4% YoY
$47.6M
▲ 41.1% YoY
In brief

What this company does

Flexsteel Industries, Inc. manufactures, imports, and markets residential furniture products in the United States. Its product offerings include sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture, distributed throughout the United States through its e-commerce channel and direct sales force. The company leases and operates three manufacturing facilities in Juarez, Mexico and one manufacturing facility in Mexicali, Mexico, its four Mexico facilities totaling 1,061,000 square feet and employing approximately 1,000 people as of June 30, 2025. On June 30, 2025, the company had approximately 30 employees located in Asia to ensure quality standards are met and to coordinate the delivery of products acquired from overseas suppliers. The company had approximately 1,400 employees on June 30, 2025, including 7 employees covered by collective bargaining agreements. The company operates in one reportable segment, furniture products.

Written from the business description in Flexsteel Industries, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 22 August 2025. Every sentence was checked against that document before publication.

Growth
USD 459.2M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 459.2 · Net income 33.1
200M400M200920112013201520172019202120232025
Compound annual growth
+5.3%
−0.8%
−0.9%
+2.0%
+30.9%
+7.5%
+3.2%
+8.0%
+30.4%
+14.5%
+6.9%
+9.8%
+12.3%
+13.6%
+1.7%
+7.2%
+10.5%
+10.8%
−2.2%
+5.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −0.8% a year over five years — but profit grew faster: net income at +7.5%, earnings per share at +14.5%.

The share count fell from 0.01B to 0.00B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 9.3% · Net 7.2%
5%-5%200920112013201520172019202120232025
ROE
FY2025 · ROE 22.0%
10%20%-5%-10%200920112013201520172019202120232025

Each USD of equity produced 22 cents of profit this year.

Cash & shareholders
USD 4.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 47.6
20M40M-20M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 4.4 · Net buybacks —
2.5M5.0M200920112013201520172019202120232025

USD 4.4M in dividends — 13% of the year's profit went back to shareholders.

Total assetsUSD 254.0M
EquityUSD 133.5M
CashUSD 16.7M
Current ratio2.09×

Equity funds 53% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.50.40.40.40.50.50.40.40.50.50.50.50.40.40.40.30.3
Operating income $B0.00.00.00.00.00.0−0.0−0.00.00.00.00.00.00.00.00.00.0
EBITDA $B0.00.00.00.00.00.0−0.0−0.00.00.00.00.00.00.00.00.00.0
Income tax $B0.00.00.0−0.00.00.0−0.0−0.00.00.00.00.00.00.00.00.00.0
Net income $B0.00.00.00.00.00.0−0.0−0.00.00.00.00.00.00.00.00.00.0
Free cash flow $B0.00.00.00.00.0−0.00.0−0.0−0.00.00.0−0.00.0−0.0−0.00.00.0
EPS, diluted $6.073.551.912.740.283.09−3.37−4.132.233.023.122.892.001.801.861.501.61
Dividend / sh $0.850.710.600.600.600.450.710.880.880.800.720.720.600.600.450.300.20
Payout %1318312221111−26−21382523232932191812
ROE %22.012.77.210.81.213.4−14.1−14.67.510.3·······
Shares out B0.000.010.010.010.010.010.010.010.010.010.010.010.010.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityHousehold Furniture
Listed onNASDAQ
Incorporated inMinnesota
Fiscal year endsJune 30
SEC categorysmaller reporting company
Data on record since2009

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