Steelcase Inc
Steelcase Inc. provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobi… Read more
Steelcase Inc (SCS) - Net Assets
Latest net assets as of August 2025: $1.02 Billion USD
Based on the latest financial reports, Steelcase Inc (SCS) has net assets worth $1.02 Billion USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.35 Billion) and total liabilities ($1.34 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.02 Billion |
| % of Total Assets | 43.21% |
| Annual Growth Rate | -1.32% |
| 5-Year Change | -0.92% |
| 10-Year Change | 29.15% |
| Growth Volatility | 9.29 |
Steelcase Inc - Net Assets Trend (1997–2025)
This chart illustrates how Steelcase Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Steelcase Inc (1997–2025)
The table below shows the annual net assets of Steelcase Inc from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $951.70 Million | +7.28% |
| 2024-02-29 | $887.10 Million | +7.37% |
| 2023-02-28 | $826.20 Million | -3.05% |
| 2022-02-28 | $852.20 Million | -11.28% |
| 2021-02-28 | $960.50 Million | -1.02% |
| 2020-02-29 | $970.40 Million | +14.64% |
| 2019-02-28 | $846.50 Million | +4.08% |
| 2018-02-28 | $813.30 Million | +6.11% |
| 2017-02-28 | $766.50 Million | +4.02% |
| 2016-02-29 | $736.90 Million | +11.01% |
| 2015-02-28 | $663.80 Million | -1.96% |
| 2014-02-28 | $677.10 Million | +1.36% |
| 2013-02-28 | $668.00 Million | -5.73% |
| 2012-02-29 | $708.60 Million | -1.36% |
| 2011-02-28 | $718.40 Million | +2.98% |
| 2010-02-28 | $697.60 Million | -4.80% |
| 2009-02-28 | $732.80 Million | -19.55% |
| 2008-02-29 | $910.90 Million | -26.42% |
| 2007-02-28 | $1.24 Billion | +2.74% |
| 2006-02-28 | $1.20 Billion | +0.69% |
| 2005-02-28 | $1.20 Billion | -0.72% |
| 2004-02-29 | $1.21 Billion | -3.97% |
| 2003-02-28 | $1.26 Billion | -19.31% |
| 2002-02-28 | $1.56 Billion | -4.95% |
| 2001-02-28 | $1.64 Billion | +4.76% |
| 2000-02-29 | $1.56 Billion | +4.15% |
| 1999-02-28 | $1.50 Billion | +12.58% |
| 1998-02-28 | $1.33 Billion | -3.45% |
| 1997-02-28 | $1.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Steelcase 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 decreased by 27.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $985.90 Million | 103.59% |
| Other Comprehensive Income | $-63.50 Million | -6.67% |
| Other Components | $29.30 Million | 3.08% |
| Total Equity | $951.70 Million | 100.00% |
Steelcase Inc Competitors by Market Cap
The table below lists competitors of Steelcase Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
APERAM S.A. NY SHS/1 O.N.
F:7AAN
|
$1.45 Billion |
|
TATE +LYLE LS-2916666667
F:TLYB
|
$1.45 Billion |
|
Juneyao Airlines
SHG:603885
|
$1.45 Billion |
|
Shenzhen Huaqiang Industry Co Ltd
SHE:000062
|
$1.45 Billion |
|
Weibo Corp
NASDAQ:WB
|
$1.45 Billion |
|
Grupo Cementos de Chihuahua S.A.B. de C.V
PINK:GCWOF
|
$1.45 Billion |
|
Duality Biotherapeutics, Inc.
F:4ZB
|
$1.45 Billion |
|
Exide Industries Limited
NSE:EXIDEIND
|
$1.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Steelcase Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 887,100,000 to 951,700,000, a change of 64,600,000 (7.3%).
- Net income of 120,700,000 contributed positively to equity growth.
- Dividend payments of 47,600,000 reduced retained earnings.
- Share repurchases of 36,400,000 reduced equity.
- Other comprehensive income increased equity by 3,400,000.
- Other factors increased equity by 24,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $120.70 Million | +12.68% |
| Dividends Paid | $47.60 Million | -5.0% |
| Share Repurchases | $36.40 Million | -3.82% |
| Other Comprehensive Income | $3.40 Million | +0.36% |
| Other Changes | $24.50 Million | +2.57% |
| Total Change | $- | 7.28% |
Book Value vs Market Value Analysis
This analysis compares Steelcase 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: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.80x to 1.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-02-28 | $8.97 | $16.14 | x |
| 1998-02-28 | $8.60 | $16.14 | x |
| 1999-02-28 | $9.76 | $16.14 | x |
| 2000-02-29 | $10.26 | $16.14 | x |
| 2001-02-28 | $10.85 | $16.14 | x |
| 2002-02-28 | $10.54 | $16.14 | x |
| 2003-02-28 | $8.49 | $16.14 | x |
| 2004-02-29 | $8.15 | $16.14 | x |
| 2005-02-28 | $8.07 | $16.14 | x |
| 2006-02-28 | $8.13 | $16.14 | x |
| 2007-02-28 | $8.22 | $16.14 | x |
| 2008-02-29 | $6.37 | $16.14 | x |
| 2009-02-28 | $5.45 | $16.14 | x |
| 2010-02-28 | $5.25 | $16.14 | x |
| 2011-02-28 | $5.41 | $16.14 | x |
| 2012-02-29 | $5.47 | $16.14 | x |
| 2013-02-28 | $5.17 | $16.14 | x |
| 2014-02-28 | $5.32 | $16.14 | x |
| 2015-02-28 | $5.27 | $16.14 | x |
| 2016-02-29 | $6.00 | $16.14 | x |
| 2017-02-28 | $6.45 | $16.14 | x |
| 2018-02-28 | $6.95 | $16.14 | x |
| 2019-02-28 | $7.08 | $16.14 | x |
| 2020-02-29 | $8.23 | $16.14 | x |
| 2021-02-28 | $8.34 | $16.14 | x |
| 2022-02-28 | $7.46 | $16.14 | x |
| 2023-02-28 | $7.30 | $16.14 | x |
| 2024-02-29 | $7.75 | $16.14 | x |
| 2025-02-28 | $8.28 | $16.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Steelcase 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): 12.68%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.81%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 2.45x
- Recent ROE (12.68%) is above the historical average (7.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 2.01% | 1.15% | 1.25x | 1.39x | $-110.30 Million |
| 1998 | 16.29% | 7.86% | 1.38x | 1.51x | $83.76 Million |
| 1999 | 14.76% | 8.07% | 1.26x | 1.46x | $71.40 Million |
| 2000 | 11.79% | 5.55% | 1.09x | 1.94x | $27.98 Million |
| 2001 | 11.84% | 4.98% | 1.23x | 1.93x | $30.05 Million |
| 2002 | 0.06% | 0.03% | 1.04x | 1.91x | $-154.55 Million |
| 2003 | -21.20% | -10.29% | 1.10x | 1.87x | $-391.61 Million |
| 2004 | -1.92% | -0.99% | 1.00x | 1.95x | $-143.73 Million |
| 2005 | 1.06% | 0.49% | 1.11x | 1.98x | $-106.96 Million |
| 2006 | 4.06% | 1.70% | 1.22x | 1.95x | $-71.59 Million |
| 2007 | 8.64% | 3.45% | 1.29x | 1.94x | $-16.89 Million |
| 2008 | 14.62% | 3.89% | 1.61x | 2.33x | $42.11 Million |
| 2009 | -1.60% | -0.37% | 1.82x | 2.39x | $-84.98 Million |
| 2010 | -1.95% | -0.59% | 1.37x | 2.40x | $-83.36 Million |
| 2011 | 2.84% | 0.84% | 1.22x | 2.79x | $-51.44 Million |
| 2012 | 8.00% | 2.06% | 1.62x | 2.40x | $-14.16 Million |
| 2013 | 5.81% | 1.35% | 1.70x | 2.53x | $-28.00 Million |
| 2014 | 12.95% | 2.93% | 1.73x | 2.55x | $19.99 Million |
| 2015 | 12.97% | 2.81% | 1.78x | 2.59x | $19.72 Million |
| 2016 | 23.11% | 5.57% | 1.69x | 2.45x | $96.61 Million |
| 2017 | 16.26% | 4.11% | 1.69x | 2.34x | $47.95 Million |
| 2018 | 9.92% | 2.64% | 1.64x | 2.29x | $-630.00K |
| 2019 | 14.88% | 3.66% | 1.61x | 2.53x | $41.35 Million |
| 2020 | 20.58% | 5.36% | 1.45x | 2.64x | $102.66 Million |
| 2021 | 2.72% | 1.01% | 1.10x | 2.45x | $-69.95 Million |
| 2022 | 0.47% | 0.14% | 1.23x | 2.65x | $-81.22 Million |
| 2023 | 4.27% | 1.09% | 1.47x | 2.67x | $-47.32 Million |
| 2024 | 9.14% | 2.57% | 1.41x | 2.52x | $-7.61 Million |
| 2025 | 12.68% | 3.81% | 1.36x | 2.45x | $25.53 Million |
Industry Comparison
This section compares Steelcase 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: $264,634,611
- Average return on equity (ROE) among peers: -5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Steelcase Inc (SCS) | $1.02 Billion | 2.01% | 1.31x | $1.45 Billion |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Bassett Furniture Industries (BSET) | $298.90 Million | 7.66% | 0.16x | $108.92 Million |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |