STEELCASE INC (SCS)

16.2 -0.36 (-2.17%)

As of 2025-10-16 18:14:37 EST

Steelcase Inc. is an international manufacturer of furniture, casegoods, seating, and storage and partitioning systems for offices, hospitals, classrooms, and residential interiors. It is headquartered in Grand Rapids, Michigan, United States.

Traded asNYSE: SCS
ISINUS8581552036
CIK0001050825
LEIGIE4CCPBJDI8SMV1OX95
EIN380819050
Sector
IndustryOffice Furniture (No Wood)
CEOSara Armbruster
Employees12,650
Fiscal Year End0227
Address901 44TH STREET SE, GRAND RAPIDS, MI, 49508
Phone6162472710
Websitehttp://www.steelcase.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
SCSSTEELCASE INC2025-10-16 18:14:3716.2-0.36-2.17
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
SCS0001050825STEELCASE INCUS8581552036GIE4CCPBJDI8SMV1OX95380819050NYSE2522Office Furniture (No Wood)0227MI901 44TH STREET SEGRAND RAPIDSMI49508UNITED STATESUS6162472710901 44TH STREET SE, GRAND RAPIDS, MI, 49508901 44TH STREET SE, GRAND RAPIDS, MI, 49508STEELCASE INC1912-03-16Sara Armbruster12,650http://www.steelcase.com/1,223,100,000Steelcase Inc. is an international manufacturer of furniture, casegoods, seating, and storage and partitioning systems for offices, hospitals, classrooms, and residential interiors. It is headquartered in Grand Rapids, Michigan, United States.2025-10-10 20:39:55
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SCS Stock Price (End-of-Day)
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SCS Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20251,223,100,000494,700,00067.916
2024728,400,000-271,600,000-27.16
20231,000,000,00000
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Allan W. Smith, Jr.President, Chief Product Officer, Senior Vice President2025668,58701,920,961958,375156,5583,725,840
Steven D. MillerChief Technology Officer, Vice President2025455,6730816,162512,34891,5351,875,718
Sara E. ArmbrusterChief Executive Officer, President20251,031,25006,254,2662,434,373330,63010,173,889
David C. SylvesterChief Financial Officer, Senior Vice President2025705,38502,023,8871,011,122165,2283,929,240
Donna K. FlynnChief People Officer, Vice President2025441,7310814,745496,67285,1011,838,249
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Employee Count
Fiscal YearEmployee Count
202511,300
202411,300
202311,900
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Income Statements
Fiscal Year202520242023
Revenue3,166,000,0003,159,600,0003,232,600,000
Cost Of Revenue2,109,100,0002,142,800,0002,310,700,000
Gross Profit1,046,500,0001,012,400,000919,400,000
Research And Development Expenses50,400,00048,200,00044,400,000
General And Administrative Expenses
Operating Expenses888,000,000876,500,000837,200,000
Operating Income158,100,000117,800,00065,500,000
Net Income120,700,00081,100,00035,300,000
Earnings Per Share Basic1.020.680.3
Earnings Per Share Diluted1.020.680.3
Weighted Average Shares Outstanding Basic117,900,000118,600,000117,100,000
Weighted Average Shares Outstanding Diluted118,900,000119,100,000117,500,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents346,300,000318,600,00090,400,000
Marketable Securities Current41,600,000
Accounts Receivable323,100,000338,300,000373,300,000
Inventories245,700,000231,000,000319,700,000
Non Trade Receivables7,800,00011,500,0005,300,000
Other Assets Current34,800,00039,600,00037,400,000
Total Assets Current1,029,000,000959,400,000884,000,000
Marketable Securities Non Current
Property Plant And Equipment328,100,000352,900,000376,500,000
Other Assets Non Current91,100,00048,000,00030,300,000
Total Assets Non Current469,300,000521,500,000574,800,000
Total Assets2,330,400,0002,236,700,0002,202,800,000
Accounts Payable228,200,000211,300,000203,500,000
Deferred Revenue43,000,00044,800,00050,800,000
Short Term Debt0035,700,000
Other Liabilities Current97,700,00080,500,0004,800,000
Total Liabilities Current669,100,000607,100,000603,300,000
Long Term Debt447,100,000446,300,000445,500,000
Other Liabilities Non Current47,900,00053,100,00054,900,000
Total Liabilities Non Current709,600,000742,500,000773,300,000
Total Liabilities1,378,700,0001,349,600,0001,376,600,000
Common Stock000
Retained Earnings985,900,000912,800,000879,300,000
Accumulated Other Comprehensive Income-2,500,000-1,100,0001,400,000
Total Shareholders Equity951,700,000887,100,000826,200,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization80,800,00083,600,00090,000,000
Share Based Compensation Expense24,500,00026,000,00021,800,000
Other Non Cash Income Expense41,000,000900,000900,000
Change In Accounts Receivable-11,800,000-21,700,00043,700,000
Change In Inventories16,300,000-88,300,000-12,000,000
Change In Non Trade Receivables-3,700,0006,200,000-36,400,000
Change In Other Assets5,200,0007,500,0006,800,000
Change In Accounts Payable17,100,0009,900,000-39,300,000
Change In Other Liabilities
Cash From Operating Activities148,500,000308,700,00089,400,000
Purchases Of Marketable Securities48,400,000
Sales Of Marketable Securities7,500,000
Acquisition Of Property Plant And Equipment47,100,00047,100,00059,100,000
Acquisition Of Business00105,300,000
Other Investing Activities-8,800,000-3,800,000-7,500,000
Cash From Investing Activities-34,800,0006,100,000-134,800,000
Tax Withholding For Share Based Compensation
Payments Of Dividends47,600,00047,600,00057,300,000
Issuance Of Common Stock
Repurchase Of Common Stock36,400,0004,200,0003,900,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt032,200,000565,200,000
Other Financing Activities0-1,900,000-1,700,000
Cash From Financing Activities-84,000,000-85,900,000-62,900,000
Change In Cash27,900,000228,700,000-109,800,000
Cash At End Of Period346,300,000318,600,00090,400,000
Income Taxes Paid47,200,00033,100,000-16,600,000
Interest Paid23,100,00024,000,00026,200,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share1.020.680.3
Price To Earnings Ratio11.921618.823526.1667
Earnings Growth Rate50126.6667900
Price Earnings To Growth Ratio0.23840.14860.0291
Book Value Per Share8.07217.47987.0555
Price To Book Ratio1.50641.71131.1126
Ebitda274,400,000223,700,000137,100,000
Enterprise Value1,534,464,0001,645,780,0001,310,035,000
Dividend Yield0.03320.03140.0623
Dividend Payout Ratio0.39440.58691.6232
Debt To Equity Ratio0.46980.50310.5824
Capital Expenditures56,000,00060,000,00073,700,000
Free Cash Flow92,500,000248,700,00015,700,000
Return On Equity0.12680.09140.0427
One Year Beta1.0721.13920.9897
Three Year Beta1.0260.99141.0555
Five Year Beta1.07181.05151.0238
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
DUCKWORTH CONNIE KDirector2025-09-102,063A133,575
Gupta SanjayDirector2025-09-102,063A42,341
Kelsey Todd P.Director2025-09-102,287A50,851
NIEMANN JENNIFER CDirector2025-09-102,197A502,862
PEW ROBERT C IIIDirector2025-09-103,095A1,868,267
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
BURNEY CO/2025-09-30242,93314,12417.2
Blue Trust, Inc.2025-09-305163017.2
CWM, LLC2025-09-30622,00036,15817.2023
HARBOR CAPITAL ADVISORS, INC.2025-09-30265,00015,41417.1922
Green Alpha Advisors, LLC2025-09-302,647,223153,90817.2
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap FundCFSLX12,892215,812.080.045
Pacer Funds Trust2025-07-31Pacer US Small Cap Cash Cows ETFCALF528,1255,455,531.250.1363
Advisors' Inner Circle Fund III2025-07-31I SharesKCXIX3914,039.030.0017
INVESCO EXCHANGE-TRADED FUND TRUST2025-07-31Invesco RAFI US 1500 Small-Mid ETFPRFZ186,4861,926,400.380.0813
Global X Funds2025-07-31Global X Russell 2000 ETFRSSL42,914443,301.620.0337
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