Steelcase Past Earnings Performance
Past criteria checks 3/6
Steelcase's earnings have been declining at an average annual rate of -21%, while the Commercial Services industry saw earnings growing at 11.2% annually. Revenues have been declining at an average rate of 1.4% per year. Steelcase's return on equity is 13.5%, and it has net margins of 3.9%.
Key information
-21.0%
Earnings growth rate
-20.0%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | -1.4% |
| Return on equity | 13.5% |
| Net Margin | 3.9% |
| Last Earnings Update | 23 Aug 2024 |
Recent past performance updates
Recent updates
Is Steelcase Inc. (NYSE:SCS) Potentially Undervalued?
Oct 30
Is There An Opportunity With Steelcase Inc.'s (NYSE:SCS) 35% Undervaluation?
Oct 04Steelcase: A Value Play, Especially After Its Recent Dip
Sep 19Investors Aren't Entirely Convinced By Steelcase Inc.'s (NYSE:SCS) Earnings
Sep 09Steelcase: Uncertainty In The Economy Keeps Me At Bay
Sep 04Is Now The Time To Put Steelcase (NYSE:SCS) On Your Watchlist?
Jul 15Steelcase (NYSE:SCS) Will Pay A Dividend Of $0.10
Jun 23We Think Steelcase (NYSE:SCS) Can Stay On Top Of Its Debt
Jun 22Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching
Jun 07Steelcase: Only Modest Upside Remains
Jun 05What You Can Learn From Steelcase Inc.'s (NYSE:SCS) P/E
May 24Steelcase's (NYSE:SCS) Solid Earnings Have Been Accounted For Conservatively
Mar 27Steelcase's (NYSE:SCS) Dividend Will Be $0.10
Mar 24Steelcase (NYSE:SCS) Has A Pretty Healthy Balance Sheet
Mar 23Steelcase: A Challenging Turnaround Case
Mar 08Steelcase Inc.'s (NYSE:SCS) Intrinsic Value Is Potentially 31% Above Its Share Price
Feb 12Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching
Jan 26Steelcase Inc. (NYSE:SCS) Not Flying Under The Radar
Jan 05Steelcase: Improving Profits And Strong Cash Flow Generation (Rating Upgrade)
Dec 24Is Steelcase (NYSE:SCS) Using Too Much Debt?
Dec 21Steelcase: Back To Office, Back On Growth
Oct 15What Is Steelcase Inc.'s (NYSE:SCS) Share Price Doing?
Oct 13Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10
Sep 23Steelcase Q2 Earnings: A Stellar Quarter Reaffirms The Bullish Case
Sep 21Steelcase Inc. (NYSE:SCS) Shares Could Be 31% Below Their Intrinsic Value Estimate
Sep 21Steelcase: Near-Term Revenue Headwinds Keep Me On The Sidelines
Sep 09These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
Sep 01Steelcase: Showing Signs Of A Turnaround
Jun 27Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet
May 17An Intrinsic Calculation For Steelcase Inc. (NYSE:SCS) Suggests It's 44% Undervalued
Apr 19Is Now The Time To Look At Buying Steelcase Inc. (NYSE:SCS)?
Mar 28Steelcase: Q3 2023 Shines Little Light On Future Growth Prospects
Jan 24These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
Jan 09Should You Investigate Steelcase Inc. (NYSE:SCS) At US$8.18?
Nov 17Steelcase Non-GAAP EPS of $0.21 beats by $0.08, revenue of $863.3M misses by $19.4M
Sep 21These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
Sep 18Steelcase nears 52-week low price after Sidoti downgrades rating to Neutral
Sep 15Revenue & Expenses Breakdown
How Steelcase makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 23 Aug 24 | 3,136 | 122 | 858 | 48 |
| 24 May 24 | 3,135 | 87 | 851 | 48 |
| 23 Feb 24 | 3,160 | 78 | 854 | 48 |
| 24 Nov 23 | 3,186 | 73 | 848 | 44 |
| 25 Aug 23 | 3,235 | 54 | 838 | 44 |
| 26 May 23 | 3,244 | 47 | 819 | 44 |
| 24 Feb 23 | 3,233 | 34 | 803 | 44 |
| 25 Nov 22 | 3,184 | 17 | 791 | 45 |
| 26 Aug 22 | 3,095 | 15 | 786 | 45 |
| 27 May 22 | 2,957 | 20 | 737 | 45 |
| 25 Feb 22 | 2,773 | 4 | 718 | 45 |
| 26 Nov 21 | 2,697 | 12 | 713 | 48 |
| 27 Aug 21 | 2,576 | 5 | 685 | 48 |
| 28 May 21 | 2,670 | 35 | 685 | 48 |
| 26 Feb 21 | 2,596 | 26 | 649 | 48 |
| 27 Nov 20 | 2,865 | 84 | 721 | 51 |
| 28 Aug 20 | 3,203 | 136 | 786 | 51 |
| 29 May 20 | 3,382 | 141 | 862 | 51 |
| 28 Feb 20 | 3,724 | 196 | 935 | 51 |
| 22 Nov 19 | 3,690 | 153 | 909 | 54 |
| 23 Aug 19 | 3,636 | 136 | 900 | 54 |
| 24 May 19 | 3,514 | 124 | 879 | 54 |
| 22 Feb 19 | 3,443 | 124 | 855 | 54 |
| 23 Nov 18 | 3,304 | 101 | 860 | 44 |
| 24 Aug 18 | 3,175 | 90 | 839 | 44 |
| 25 May 18 | 3,074 | 78 | 819 | 44 |
| 23 Feb 18 | 3,056 | 79 | 816 | 44 |
| 24 Nov 17 | 3,052 | 104 | 812 | 36 |
| 25 Aug 17 | 3,066 | 120 | 808 | 36 |
| 26 May 17 | 3,049 | 121 | 802 | 36 |
| 24 Feb 17 | 3,032 | 122 | 781 | 36 |
| 25 Nov 16 | 3,011 | 173 | 780 | 33 |
| 26 Aug 16 | 3,012 | 167 | 770 | 33 |
| 27 May 16 | 3,073 | 166 | 769 | 33 |
| 26 Feb 16 | 3,060 | 167 | 758 | 33 |
| 27 Nov 15 | 3,062 | 113 | 772 | 0 |
| 28 Aug 15 | 3,074 | 90 | 770 | 0 |
| 29 May 15 | 3,042 | 84 | 761 | 0 |
| 27 Feb 15 | 3,060 | 85 | 738 | 35 |
| 28 Nov 14 | 3,089 | 86 | 768 | 0 |
| 29 Aug 14 | 3,074 | 97 | 763 | 0 |
| 30 May 14 | 3,045 | 94 | 760 | 0 |
| 28 Feb 14 | 2,989 | 86 | 757 | 0 |
| 22 Nov 13 | 2,931 | 36 | 748 | 0 |
Quality Earnings: SCS has a large one-off gain of $34.4M impacting its last 12 months of financial results to 23rd August, 2024.
Growing Profit Margin: SCS's current net profit margins (3.9%) are higher than last year (1.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SCS's earnings have declined by 21% per year over the past 5 years.
Accelerating Growth: SCS's earnings growth over the past year (126%) exceeds its 5-year average (-21% per year).
Earnings vs Industry: SCS earnings growth over the past year (126%) exceeded the Commercial Services industry 14.8%.
Return on Equity
High ROE: SCS's Return on Equity (13.5%) is considered low.