SCS
Steelcase Inc
NYSE: SCS · CONSUMER CYCLICAL · FURNISHINGS, FIXTURES & APPLIANCES
$16.14
+0.12% today
Updated 2025-12-09
Market cap
$1.85B
P/E ratio
20.18
P/S ratio
0.57x
EPS (TTM)
$0.80
Dividend yield
2.48%
52W range
$9 – $17
Volume
1.4M
Steelcase Inc (SCS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.87B | $3.10B | $3.42B | $3.18B | $2.29B | $2.44B | $2.75B | $2.87B | $2.99B | $3.06B | $3.06B | $3.03B | $3.06B | $3.44B | $3.72B | $2.60B | $2.77B | $3.23B | $3.16B | $3.17B |
| Revenue growth (YoY) | — | +8.0% | +10.4% | -6.9% | -28.0% | +6.3% | +12.8% | +4.3% | +4.2% | +2.4% | +0.0% | -0.9% | +0.8% | +12.7% | +8.1% | -30.3% | +6.8% | +16.6% | -2.3% | +0.2% |
| Cost of revenue | $1.99B | $2.15B | $2.29B | $2.24B | $1.64B | $1.69B | $1.94B | $2.00B | $2.04B | $2.14B | $2.09B | $2.02B | $2.05B | $2.36B | $2.51B | $1.83B | $2.01B | $2.31B | $2.15B | $2.12B |
| Gross profit | $879.50M | $947.90M | $1.13B | $947.00M | $649.80M | $743.30M | $809.70M | $866.00M | $945.20M | $916.00M | $971.20M | $1.01B | $1.01B | $1.09B | $1.22B | $762.80M | $761.50M | $919.40M | $1.01B | $1.05B |
| Gross margin | 30.7% | 30.6% | 32.9% | 29.7% | 28.4% | 30.5% | 29.4% | 30.2% | 31.6% | 29.9% | 31.7% | 33.3% | 32.9% | 31.6% | 32.6% | 29.4% | 27.5% | 28.4% | 32.0% | 33.1% |
| R&D | $47.40M | $44.20M | $60.90M | $50.00M | $33.00M | $32.00M | $35.80M | $36.00M | $35.90M | $35.40M | $33.00M | $35.80M | $44.00M | $53.70M | $50.60M | $48.10M | $45.40M | $44.40M | $48.20M | $50.40M |
| SG&A | $758.10M | $831.80M | $923.10M | $833.30M | $648.40M | $670.40M | $29.70M | $727.00M | $757.00M | $37.00M | $757.80M | $780.20M | $819.50M | $861.90M | $979.20M | — | $700000.00 | $1.10M | $600000.00 | — |
| Operating income | $82.50M | $113.70M | $202.80M | $1.00M | $-11.50M | $51.50M | $97.10M | $59.30M | $165.90M | $144.90M | $174.60M | $200.20M | $156.00M | $183.60M | $257.00M | $43.00M | $20.10M | $65.50M | $117.80M | $158.10M |
| Operating margin | 2.9% | 3.7% | 5.9% | 0.0% | -0.5% | 2.1% | 3.5% | 2.1% | 5.6% | 4.7% | 5.7% | 6.6% | 5.1% | 5.3% | 6.9% | 1.7% | 0.7% | 2.0% | 3.7% | 5.0% |
| EBITDA | $207.60M | $217.50M | $320.70M | $95.50M | $61.30M | $135.10M | $164.00M | $131.00M | $245.40M | $245.40M | $260.20M | $264.80M | $244.80M | $268.60M | $358.10M | $138.20M | $110.50M | $170.00M | $216.60M | $240.70M |
| EBITDA margin | 7.2% | 7.0% | 9.4% | 3.0% | 2.7% | 5.5% | 6.0% | 4.6% | 8.2% | 8.0% | 8.5% | 8.7% | 8.0% | 7.8% | 9.6% | 5.3% | 4.0% | 5.3% | 6.9% | 7.6% |
| EBIT | $88.20M | $116.10M | $228.30M | $8.20M | $-12.90M | $70.70M | $107.60M | $72.70M | $185.40M | $185.50M | $194.50M | $204.50M | $179.00M | $187.00M | $272.50M | $53.00M | $27.30M | $80.00M | $133.00M | $159.90M |
| Interest expense | $18.10M | $18.50M | $16.90M | $17.00M | $18.20M | $19.30M | $25.60M | $17.80M | $17.80M | $17.70M | $17.60M | $17.20M | $17.50M | $37.50M | $27.30M | $27.10M | $25.70M | $28.40M | $25.90M | $25.70M |
| Income tax | $27.50M | $17.70M | $78.20M | $2.90M | $-17.50M | $31.00M | $25.30M | $16.10M | $59.50M | $50.90M | $4.50M | $71.70M | $80.80M | $37.90M | $45.50M | $-200000.00 | $-2.40M | $16.30M | $26.00M | $13.50M |
| Effective tax rate | 36.0% | 14.2% | 37.0% | -33.0% | 56.3% | 60.3% | 30.9% | 29.3% | 40.4% | 37.2% | 2.6% | 36.5% | 50.0% | 23.1% | 18.6% | -0.8% | -150.0% | 31.6% | 24.3% | 10.1% |
| Net income | $48.90M | $106.90M | $133.20M | $-11.70M | $-13.60M | $20.40M | $56.70M | $38.80M | $87.70M | $86.10M | $170.30M | $124.60M | $80.70M | $126.00M | $199.70M | $26.10M | $4.00M | $35.30M | $81.10M | $120.70M |
| Net income growth (YoY) | — | +118.6% | +24.6% | -108.8% | -16.2% | +250.0% | +177.9% | -31.6% | +126.0% | -1.8% | +97.8% | -26.8% | -35.2% | +56.1% | +58.5% | -86.9% | -84.7% | +782.5% | +129.7% | +48.8% |
| Profit margin | 1.7% | 3.5% | 3.9% | -0.4% | -0.6% | 0.8% | 2.1% | 1.4% | 2.9% | 2.8% | 5.6% | 4.1% | 2.6% | 3.7% | 5.4% | 1.0% | 0.1% | 1.1% | 2.6% | 3.8% |