Flexsteel Industries Past Earnings Performance

Past criteria checks 2/6

Flexsteel Industries has been growing earnings at an average annual rate of 58.4%, while the Consumer Durables industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 0.3% per year. Flexsteel Industries's return on equity is 9%, and it has net margins of 3.3%.

Key information

58.4%

Earnings growth rate

58.8%

EPS growth rate

Consumer Durables Industry Growth	-22.9%
Revenue growth rate	0.3%
Return on equity	9.0%
Net Margin	3.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Flexsteel Industries makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:FX3 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	422	14	70	0
30 Jun 24	413	11	70	0
31 Mar 24	408	16	66	2
31 Dec 23	400	15	65	2
30 Sep 23	393	15	65	0
30 Jun 23	394	15	63	0
31 Mar 23	412	4	57	3
31 Dec 22	454	8	57	3
30 Sep 22	502	-2	60	3
30 Jun 22	544	2	67	0
31 Mar 22	556	8	69	2
31 Dec 21	534	8	69	2
30 Sep 21	511	24	71	2
30 Jun 21	479	23	66	2
31 Mar 21	408	-9	59	4
31 Dec 20	388	-19	63	4
30 Sep 20	372	-33	62	4
30 Jun 20	367	-27	68	4
31 Mar 20	402	-21	77	0
31 Dec 19	415	-31	75	0
30 Sep 19	430	-24	78	0
30 Jun 19	444	-33	77	4
31 Mar 19	456	-11	68	4
31 Dec 18	472	8	70	4
30 Sep 18	483	13	69	4
30 Jun 18	489	18	72	0
31 Mar 18	494	22	72	4
31 Dec 17	487	26	70	4
30 Sep 17	477	25	69	4
30 Jun 17	469	24	71	4
31 Mar 17	474	24	72	4
31 Dec 16	479	23	73	4
30 Sep 16	486	23	74	4
30 Jun 16	500	24	74	4
31 Mar 16	499	24	73	4
31 Dec 15	496	24	71	4
30 Sep 15	485	23	71	4
30 Jun 15	467	22	71	4
31 Mar 15	457	22	71	3
31 Dec 14	445	20	71	3
30 Sep 14	443	16	71	3
30 Jun 14	439	15	70	3
31 Mar 14	429	14	69	3
31 Dec 13	417	12	68	3

Quality Earnings: FX3 has high quality earnings.

Growing Profit Margin: FX3's current net profit margins (3.3%) are lower than last year (3.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FX3 has become profitable over the past 5 years, growing earnings by 58.4% per year.

Accelerating Growth: FX3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FX3 had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (-4.7%).

Return on Equity

High ROE: FX3's Return on Equity (9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 04:34
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Flexsteel Industries, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anthony Lebiedzinski	Sidoti & Company, LLC
Jim Marrone	Singular Research