Flexsteel Industries Inc Net Assets
Flexsteel Industries Inc net assets. Based on the latest financial reports, Flexsteel Industries Inc (FLXS) has net assets worth $133.50 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($254.01 Million) and total liabilities ($120.51 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Flexsteel Industries Inc growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $133.50 Million |
| % of Total Assets | 52.56% |
| Annual Growth Rate | 2.31% |
| 5-Year Change | 1.47% |
| 10-Year Change | -42.15% |
| Growth Volatility | 8.15 |
Net Assets of Flexsteel Industries Inc (1986–2026)
Net assets of Flexsteel Industries Inc from 1986 to 2026. This chart illustrates how Flexsteel Industries Inc's net assets have evolved over time, based on quarterly financial data. See FLXS net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Flexsteel Industries Inc (1986–2026)
The table below shows the annual net assets of Flexsteel Industries Inc from 1986 to 2026. For live market cap and overall valuation, see Flexsteel Industries Inc (FLXS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | $133.50 Million | -20.47% |
| 2025-06-30 | $167.86 Million | +11.63% |
| 2024-06-30 | $150.37 Million | +6.18% |
| 2023-06-30 | $141.62 Million | +7.65% |
| 2022-06-30 | $131.56 Million | -21.68% |
| 2021-06-30 | $167.97 Million | -4.29% |
| 2020-06-30 | $175.50 Million | -14.57% |
| 2019-06-30 | $205.43 Million | -15.01% |
| 2018-06-30 | $241.70 Million | +4.74% |
| 2017-06-30 | $230.76 Million | +10.07% |
| 2016-06-30 | $209.65 Million | +12.26% |
| 2015-06-30 | $186.75 Million | +12.00% |
| 2014-06-30 | $166.74 Million | +10.25% |
| 2013-06-30 | $151.24 Million | +8.46% |
| 2012-06-30 | $139.44 Million | +8.45% |
| 2011-06-30 | $128.57 Million | +9.32% |
| 2010-06-30 | $117.61 Million | +9.92% |
| 2009-06-30 | $107.00 Million | -5.10% |
| 2008-06-30 | $112.75 Million | +0.07% |
| 2007-06-30 | $112.68 Million | +4.82% |
| 2006-06-30 | $107.50 Million | +2.58% |
| 2005-06-30 | $104.80 Million | +3.14% |
| 2004-06-30 | $101.61 Million | +8.38% |
| 2003-06-30 | $93.75 Million | +6.88% |
| 2002-06-30 | $87.72 Million | +3.12% |
| 2001-06-30 | $85.06 Million | -0.16% |
| 2000-06-30 | $85.20 Million | +4.92% |
| 1999-06-30 | $81.20 Million | +3.97% |
| 1998-06-30 | $78.10 Million | +3.86% |
| 1997-06-30 | $75.20 Million | +1.48% |
| 1996-06-30 | $74.10 Million | +0.41% |
| 1995-06-30 | $73.80 Million | +3.51% |
| 1994-06-30 | $71.30 Million | +5.01% |
| 1993-06-30 | $67.90 Million | +5.11% |
| 1992-06-30 | $64.60 Million | -2.12% |
| 1991-06-30 | $66.00 Million | -3.93% |
| 1990-06-30 | $68.70 Million | +4.25% |
| 1989-06-30 | $65.90 Million | +4.60% |
| 1988-06-30 | $63.00 Million | +8.62% |
| 1987-06-30 | $58.00 Million | +8.21% |
| 1986-06-30 | $53.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flexsteel Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 353.9% over the analyzed period, indicating profitable operations and earnings retention.
Flexsteel Industries Inc Net Assets Breakdown (June 2026)
Flexsteel Industries Inc net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $219.23 Million | 164.23% |
| Common Stock | $8.63 Million | 6.46% |
| Total Equity | $133.50 Million | 100.00% |
Flexsteel Industries Inc Competitors by Market Cap
The table below lists competitors of Flexsteel Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
$299.30 Million |
|
Cre8 Direct Ningbo Co Ltd
SHE:300703
|
$299.34 Million |
|
Lineage Cell Therapeutics Inc
NYSE MKT:LCTX
|
$299.43 Million |
|
Shenke Slide Bearing Corp
SHE:002633
|
$299.61 Million |
|
Ernst Russ AG
XETRA:ERAG
|
$299.16 Million |
|
Hyliion Holdings Corp.
NYSE:HYLN
|
$299.16 Million |
|
Chien Kuo Construction Co Ltd
TW:5515
|
$299.16 Million |
|
Trifork Holding AG
CO:TRIFOR
|
$299.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flexsteel Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 167,862,000 to 133,495,000, a change of -34,367,000 (-20.5%).
- Net income of 33,128,000 contributed positively to equity growth.
- Dividend payments of 4,375,000 reduced retained earnings.
- Share repurchases of 63,746,000 reduced equity.
- New share issuances of 70,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $33.13 Million | +24.82% |
| Dividends Paid | $4.38 Million | -3.28% |
| Share Repurchases | $63.75 Million | -47.75% |
| Share Issuances | $70.00K | +0.05% |
| Other Changes | $556.00K | +0.42% |
| Total Change | $- | -20.47% |
Book Value vs Market Value Analysis
This analysis compares Flexsteel Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.77x to 2.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $7.48 | $73.12 | x |
| 1987-06-30 | $8.05 | $73.12 | x |
| 1988-06-30 | $8.71 | $73.12 | x |
| 1989-06-30 | $9.23 | $73.12 | x |
| 1990-06-30 | $9.66 | $73.12 | x |
| 1991-06-30 | $9.38 | $73.12 | x |
| 1992-06-30 | $9.12 | $73.12 | x |
| 1993-06-30 | $9.53 | $73.12 | x |
| 1994-06-30 | $9.86 | $73.12 | x |
| 1995-06-30 | $10.24 | $73.12 | x |
| 1996-06-30 | $10.37 | $73.12 | x |
| 1997-06-30 | $10.78 | $73.12 | x |
| 1998-06-30 | $11.10 | $73.12 | x |
| 1999-06-30 | $11.85 | $73.12 | x |
| 2000-06-30 | $12.98 | $73.12 | x |
| 2001-06-30 | $13.78 | $73.12 | x |
| 2002-06-30 | $14.24 | $73.12 | x |
| 2003-06-30 | $14.72 | $73.12 | x |
| 2004-06-30 | $15.56 | $73.12 | x |
| 2005-06-30 | $15.88 | $73.12 | x |
| 2006-06-30 | $16.34 | $73.12 | x |
| 2007-06-30 | $17.12 | $73.12 | x |
| 2008-06-30 | $17.05 | $73.12 | x |
| 2009-06-30 | $16.27 | $73.12 | x |
| 2010-06-30 | $17.56 | $73.12 | x |
| 2011-06-30 | $18.56 | $73.12 | x |
| 2012-06-30 | $19.90 | $73.12 | x |
| 2013-06-30 | $20.64 | $73.12 | x |
| 2014-06-30 | $22.20 | $73.12 | x |
| 2015-06-30 | $24.23 | $73.12 | x |
| 2016-06-30 | $27.00 | $73.12 | x |
| 2017-06-30 | $29.26 | $73.12 | x |
| 2018-06-30 | $30.52 | $73.12 | x |
| 2019-06-30 | $26.04 | $73.12 | x |
| 2020-06-30 | $22.06 | $73.12 | x |
| 2021-06-30 | $22.49 | $73.12 | x |
| 2022-06-30 | $20.23 | $73.12 | x |
| 2023-06-30 | $26.30 | $73.12 | x |
| 2024-06-30 | $27.25 | $73.12 | x |
| 2025-06-30 | $29.56 | $73.12 | x |
| 2026-06-30 | $24.47 | $73.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flexsteel Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.21%
- • Asset Turnover: 1.81x
- • Equity Multiplier: 1.90x
- Recent ROE (24.82%) is above the historical average (7.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 9.89% | 3.82% | 1.87x | 1.38x | $-60.00K |
| 1987 | 11.55% | 4.28% | 2.02x | 1.34x | $900.00K |
| 1988 | 14.13% | 5.38% | 2.05x | 1.28x | $2.60 Million |
| 1989 | 10.62% | 4.06% | 2.13x | 1.23x | $410.00K |
| 1990 | 9.32% | 3.69% | 2.09x | 1.21x | $-470.00K |
| 1991 | 2.88% | 1.30% | 1.79x | 1.23x | $-4.70 Million |
| 1992 | 2.63% | 1.08% | 1.93x | 1.27x | $-4.76 Million |
| 1993 | 9.13% | 3.50% | 2.02x | 1.29x | $-590.00K |
| 1994 | 9.54% | 3.48% | 2.05x | 1.33x | $-330.00K |
| 1995 | 7.05% | 2.50% | 2.16x | 1.30x | $-2.18 Million |
| 1996 | 6.07% | 2.20% | 2.14x | 1.29x | $-2.91 Million |
| 1997 | 7.98% | 2.73% | 2.21x | 1.32x | $-1.52 Million |
| 1998 | 9.73% | 3.22% | 2.26x | 1.34x | $-210.00K |
| 1999 | 12.68% | 3.95% | 2.31x | 1.39x | $2.18 Million |
| 2000 | 14.00% | 3.97% | 2.61x | 1.35x | $3.41 Million |
| 2001 | 5.40% | 1.61% | 2.58x | 1.30x | $-3.91 Million |
| 2002 | 6.45% | 2.02% | 2.35x | 1.36x | $-3.11 Million |
| 2003 | 8.84% | 2.84% | 2.42x | 1.29x | $-1.08 Million |
| 2004 | 9.97% | 2.52% | 2.37x | 1.67x | $-30.92K |
| 2005 | 5.77% | 1.47% | 2.46x | 1.59x | $-4.44 Million |
| 2006 | 4.39% | 1.11% | 2.33x | 1.71x | $-6.03 Million |
| 2007 | 8.28% | 2.19% | 2.30x | 1.64x | $-1.93 Million |
| 2008 | 3.76% | 1.04% | 2.25x | 1.60x | $-7.04 Million |
| 2009 | -1.41% | -0.47% | 2.15x | 1.41x | $-12.21 Million |
| 2010 | 9.18% | 3.31% | 2.07x | 1.34x | $-960.20K |
| 2011 | 8.10% | 3.07% | 2.06x | 1.28x | $-2.44 Million |
| 2012 | 9.37% | 3.71% | 1.94x | 1.30x | $-876.20K |
| 2013 | 8.70% | 3.41% | 2.01x | 1.27x | $-1.97 Million |
| 2014 | 8.99% | 3.42% | 2.09x | 1.26x | $-1.68 Million |
| 2015 | 11.94% | 4.78% | 1.91x | 1.31x | $3.62 Million |
| 2016 | 11.56% | 4.85% | 2.03x | 1.18x | $3.27 Million |
| 2017 | 10.31% | 5.07% | 1.74x | 1.17x | $710.00K |
| 2018 | 7.31% | 3.61% | 1.72x | 1.18x | $-6.50 Million |
| 2019 | -15.87% | -7.35% | 1.74x | 1.24x | $-53.15 Million |
| 2020 | -15.30% | -7.32% | 1.55x | 1.35x | $-44.39 Million |
| 2021 | 13.72% | 4.81% | 1.61x | 1.77x | $6.25 Million |
| 2022 | 1.41% | 0.34% | 2.03x | 2.04x | $-11.30 Million |
| 2023 | 10.43% | 3.75% | 1.35x | 2.05x | $615.90K |
| 2024 | 7.00% | 2.55% | 1.50x | 1.83x | $-4.51 Million |
| 2025 | 12.01% | 4.57% | 1.56x | 1.68x | $3.37 Million |
| 2026 | 24.82% | 7.21% | 1.81x | 1.90x | $19.78 Million |
Industry Comparison
This section compares Flexsteel Industries Inc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $91,429,280
- Average return on equity (ROE) among peers: -22.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flexsteel Industries Inc (FLXS) | $133.50 Million | 9.89% | 0.90x | $299.19 Million |
| Alliance Laundry Holdings Inc. (ALH) | $-277.33 Million | 0.00% | 0.00x | $4.41 Billion |
| American Woodmark Corporation (AMWD) | $26.40 Million | 8.33% | 1.74x | $700.65 Million |
| Aterian Inc (ATER) | $101.95 Million | -192.53% | 0.53x | $8.83 Million |
| Applied UV, Inc. (AUVIQ) | $9.75 Million | -34.54% | 0.43x | $467.00 |
| Bassett Furniture Industries (BSET) | $255.10 Million | 7.76% | 0.14x | $136.89 Million |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $141.62 Million |
| Crown Crafts Inc (CRWS) | $38.81 Million | 4.75% | 0.82x | $26.04 Million |
| Energy Focu (EFOI) | $45.32 Million | 19.37% | 0.23x | $17.90 Million |
| Ethan Allen Interiors Inc (ETD) | $407.32 Million | 25.36% | 0.77x | $515.54 Million |
| FGI Industries Ltd (FGI) | $15.61 Million | -39.33% | 3.45x | $15.08 Million |
About Flexsteel Industries Inc
Flexsteel Industries, Inc., together with its subsidiaries, manufactures, distributes, imports, and markets residential furniture products in the United States. The company offers stationary and motion sofas; loveseats; chairs and sectionals; bedroom furniture; dining tables and chairs; occasional and entertainment tables; and kitchen storage. It distributes its products through its e-commerce ch… Read more