Flexsteel Industries Net Income 2024

Flexsteel Industries Net Income

10.24 M USD

Flexsteel Industries Dividend yield

1.69 %

Ticker

FLXS

ISIN

US3393821034

WKN

915873

In 2024, Flexsteel Industries's profit amounted to 10.24 M USD, a -30.79% increase from the 14.8 M USD profit recorded in the previous year.

The Flexsteel Industries Net Income history

YEARNET INCOME (undefined USD)
2026e17.97
2025e16.02
2024e10.24
202314.8
20221.9
202123
2020-26.8
2019-32.6
201817.7
201723.8
201624.2
201522.3
201415
201313.2
201213.1
201110.4
201010.8
2009-1.5
20084.2
20079.3
20064.7
20056
200410.1

Flexsteel Industries Aktienanalyse

What does Flexsteel Industries do?

The translation is as follows: Flexsteel Industries Inc is an American furniture manufacturing company based in Dubuque, Iowa. The company's history dates back to 1893 when the Blue Ball Lounge Company, a small operation specializing in lounge production, was founded. In 1929, the company was renamed Flexsteel Industries Inc and began manufacturing furniture designed to be both durable and comfortable. Over the years, Flexsteel Industries Inc has become one of the most successful and well-known furniture manufacturers in the United States. The business model of Flexsteel Industries Inc involves producing high-quality and durable furniture that stands out for its excellent craftsmanship, ergonomics, and comfortable upholstery. The company manufactures furniture for both households and the commercial sector. The product range of Flexsteel Industries Inc includes a variety of furniture such as sofas, armchairs, tables, chairs, beds, cabinets, dressers, and much more. Additionally, the company also offers custom-made furniture to meet the individual needs and requirements of customers. Flexsteel Industries Inc is divided into three different divisions: residential furniture, commercial furniture, and marine furniture. The residential furniture division encompasses a wide range of sofas, armchairs, tables, and other furnishings for private customers. The commercial furniture division focuses on manufacturing furniture for offices, hotels, and restaurants. In the marine furniture division, the company produces furniture specifically designed to withstand extreme conditions at sea. Over the years, Flexsteel Industries Inc has received many awards, including the Leadership in Energy and Environmental Design (LEED) Award from the US Green Building Council for the environmental friendliness of its manufacturing facilities. Additionally, the company has built close collaborations with various architects and designers around the world to ensure that its products align with the latest trends and developments in the furniture industry. Overall, Flexsteel Industries Inc is a leading furniture manufacturer specializing in high-quality, durable, and comfortable furniture. With its different divisions and wide product range, the company is able to meet the individual needs and requirements of its customers while also providing technologically advanced solutions and environmental protection. The answer is: Flexsteel Industries Inc is an American furniture manufacturing company based in Dubuque, Iowa. The company was founded in 1893 and has since become one of the most successful and well-known furniture manufacturers in the United States. Flexsteel Industries Inc produces high-quality and durable furniture for both households and the commercial sector, with a wide product range including sofas, armchairs, tables, chairs, beds, cabinets, dressers, and more. The company also offers custom-made furniture to meet the specific needs and requirements of customers. Flexsteel Industries Inc is divided into three divisions: residential, commercial, and marine furniture. The company has received numerous awards for its environmental initiatives and collaborates with architects and designers worldwide to stay up to date with industry trends. Overall, Flexsteel Industries Inc prioritizes quality, durability, comfort, and environmentally friendly practices. Flexsteel Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Flexsteel Industries's Profit Margins

The profit margins of Flexsteel Industries represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Flexsteel Industries's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Flexsteel Industries's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Flexsteel Industries's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Flexsteel Industries’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Flexsteel Industries Stock

How much profit has Flexsteel Industries made this year?

Flexsteel Industries has made 10.24 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -30.79% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Flexsteel Industries publish its earnings?

Flexsteel Industries publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Flexsteel Industries?

The profits of Flexsteel Industries are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Flexsteel Industries?

You can learn more about the earnings of Flexsteel Industries by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Flexsteel Industries pay?

Over the past 12 months, Flexsteel Industries paid a dividend of 0.6 USD . This corresponds to a dividend yield of about 1.69 %. For the coming 12 months, Flexsteel Industries is expected to pay a dividend of 0.6 USD.

What is the dividend yield of Flexsteel Industries?

The current dividend yield of Flexsteel Industries is 1.69 %.

When does Flexsteel Industries pay dividends?

Flexsteel Industries pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Flexsteel Industries?

Flexsteel Industries paid dividends every year for the past 23 years.

What is the dividend of Flexsteel Industries?

For the upcoming 12 months, dividends amounting to 0.6 USD are expected. This corresponds to a dividend yield of 1.68 %.

In which sector is Flexsteel Industries located?

Flexsteel Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Flexsteel Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Flexsteel Industries from 4/4/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 3/25/2024.

When did Flexsteel Industries pay the last dividend?

The last dividend was paid out on 4/4/2024.

What was the dividend of Flexsteel Industries in the year 2023?

In the year 2023, Flexsteel Industries distributed 0.6 USD as dividends.

In which currency does Flexsteel Industries pay out the dividend?

The dividends of Flexsteel Industries are distributed in USD.

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Andere Kennzahlen von Flexsteel Industries

Our stock analysis for Flexsteel Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Flexsteel Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.