steelcase inc. - SCS

SCS

Close Chg Chg %
10.61 0.69 6.46%

Pre-Market

11.30

+0.69 (6.46%)

Volume: 1.89M

Last Updated:

Mar 27, 2025, 3:59 PM EDT

Company Overview: steelcase inc. - SCS

SCS Key Data

Open

$11.18

Day Range

10.74 - 11.69

52 Week Range

10.31 - 14.73

Market Cap

$1.21B

Shares Outstanding

113.72M

Public Float

84.89M

Beta

1.32

Rev. Per Employee

N/A

P/E Ratio

11.08

EPS

$0.96

Yield

378.07%

Dividend

$0.10

EX-DIVIDEND DATE

Dec 30, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

807.98K

 

SCS Performance

1 Week
 
6.91%
 
1 Month
 
-7.07%
 
3 Months
 
-5.60%
 
1 Year
 
-13.61%
 
5 Years
 
6.10%
 

SCS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 2
Full Ratings ➔

About steelcase inc. - SCS

Steelcase, Inc. engages in the manufacture and distribution of office environments. It operates through the following segments: Americas, EMEA, and Other. The Americas segment serves customers in the US, Canada, the Caribbean Islands, and Latin America through the Steelcase, AMQ, Coalesse, HALCON, Orangebox, Smith System, and Viccarbe brands. The EMEA segment provides service to customers in Europe, the Middle East, and Africa under the Steelcase, Coalesse, Orangebox and Viccarbe brands. The Other segment includes Asia Pacific and Designtex. The company was founded by Peter Martin Wege, Walter D. Idema, and David Hunting on March 14, 1912 and is headquartered in Grand Rapids, MI.

SCS At a Glance

Steelcase, Inc.
901 44th Street South East
Grand Rapids, Michigan 49508-7594
Phone 1-616-247-2710 Revenue 3.17B
Industry Office Equipment/Supplies Net Income 120.70M
Sector Producer Manufacturing 2025 Sales Growth 0.203%
Fiscal Year-end 02 / 2026 Employees 11,300
View SEC Filings

SCS Valuation

P/E Current 11.079
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 12.127
Price to Sales Ratio 0.462
Price to Book Ratio N/A
Price to Cash Flow Ratio 11.355
Enterprise Value to EBITDA 6.714
Enterprise Value to Sales 0.53
Total Debt to Enterprise Value 0.358

SCS Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 9.799
Total Asset Turnover 1.386

SCS Liquidity

Current Ratio 1.538
Quick Ratio 1.171
Cash Ratio 0.58

SCS Profitability

Gross Margin 33.383
Operating Margin 5.335
Pretax Margin 4.239
Net Margin 3.812
Return on Assets 5.286
Return on Equity 13.128
Return on Total Capital 7.775
Return on Invested Capital 8.088

SCS Capital Structure

Total Debt to Total Equity 63.119
Total Debt to Total Capital 38.695
Total Debt to Total Assets 25.777
Long-Term Debt to Equity 58.947
Long-Term Debt to Total Capital 36.138
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Steelcase Inc. - SCS

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
2.77B 3.23B 3.16B 3.17B
Sales Growth
+6.80% +16.59% -2.26% +0.20%
Cost of Goods Sold (COGS) incl D&A
2.01B 2.31B 2.15B 2.11B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
83.20M 90.00M 83.60M 80.80M
Depreciation
- 68.40M 67.20M 66.40M
Amortization of Intangibles
- 14.80M 22.80M 17.20M
COGS Growth
+10.36% +14.99% -7.22% -1.73%
Gross Income
760.90M 919.30M 1.01B 1.06B
Gross Income Growth
-1.60% +20.82% +10.24% +4.29%
Gross Profit Margin
+27.44% +28.44% +32.07% +33.38%
2022 2023 2024 2025 5-year trend
SG&A Expense
757.10M 850.70M 877.40M 888.00M
Research & Development
- 45.40M 44.40M 48.20M
Other SG&A
711.70M 806.30M 829.20M 888.00M
SGA Growth
+10.67% +12.36% +3.14% +1.21%
Other Operating Expense
- - - -
-
Unusual Expense
(700.00K) 17.10M 18.70M 10.80M
EBIT after Unusual Expense
4.50M 51.50M 117.30M 158.10M
Non Operating Income/Expense
21.50M 27.20M 15.70M 1.80M
Non-Operating Interest Income
600.00K 1.00M 6.50M 13.80M
Equity in Earnings of Affiliates
- 8.00M 12.50M 13.50M
Interest Expense
24.40M 27.10M 25.90M 25.70M
Interest Expense Growth
-9.96% +11.07% -4.43% -0.77%
Gross Interest Expense
24.40M 27.10M 25.90M 25.70M
Interest Capitalized
- - - -
-
Pretax Income
1.60M 51.60M 107.10M 134.20M
Pretax Income Growth
-93.82% +3,125.00% +107.56% +25.30%
Pretax Margin
+0.06% +1.60% +3.39% +4.24%
Income Tax
(2.40M) 16.30M 26.00M 13.50M
Income Tax - Current - Domestic
- 1.00M 2.10M 10.10M
Income Tax - Current - Foreign
- 10.00M 14.90M 14.90M
Income Tax - Deferred - Domestic
- (15.30M) (900.00K) (1.90M)
Income Tax - Deferred - Foreign
- 1.90M 200.00K 2.90M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- 8.00M 12.50M 13.50M
Other After Tax Income (Expense)
- (100.00K) (1.30M) (3.10M)
Consolidated Net Income
3.90M 34.00M 78.00M 120.70M
Minority Interest Expense
- - - -
-
Net Income
3.90M 34.00M 78.00M 120.70M
Net Income Growth
-84.71% +771.79% +129.41% +54.74%
Net Margin Growth
+0.14% +1.05% +2.47% +3.81%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
3.90M 34.00M 78.00M 120.70M
Preferred Dividends
- - - -
-
Net Income Available to Common
3.90M 34.00M 78.00M 120.70M
EPS (Basic)
0.0343 0.3014 0.6842 1.0238
EPS (Basic) Growth
-84.54% +778.72% +127.01% +49.63%
Basic Shares Outstanding
113.80M 112.80M 114.00M 117.90M
EPS (Diluted)
0.0342 0.3004 0.6812 1.0151
EPS (Diluted) Growth
-84.55% +778.36% +126.76% +49.02%
Diluted Shares Outstanding
114.20M 113.20M 114.50M 118.90M
EBITDA
87.00M 158.60M 219.60M 249.70M
EBITDA Growth
-50.11% +82.30% +38.46% +13.71%
EBITDA Margin
+3.14% +4.91% +6.95% +7.89%

Snapshot

Average Recommendation BUY Average Target Price 16.50
Number of Ratings 2 Current Quarters Estimate 0.108
FY Report Date 05 / 2025 Current Year's Estimate 1.083
Last Quarter’s Earnings 0.26 Median PE on CY Estimate N/A
Year Ago Earnings 1.12 Next Fiscal Year Estimate 1.253
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 4 4 4 3
Mean Estimate 0.11 0.42 1.08 1.25
High Estimates 0.14 0.44 1.11 1.27
Low Estimate 0.07 0.40 1.05 1.24
Coefficient of Variance 27.78 4.35 2.54 1.22

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Steelcase Inc. - SCS

Date Name Shares Transaction Value
Mar 14, 2025 Jennifer C. Niemann Director 10,000 Open market or private purchase of non-derivative security 0.00
Nov 8, 2024 Robert C. Pew Director 290,025 Conversion of derivative security 0.00
Sep 13, 2024 Linda K. Williams Director 50,170 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 13, 2024 Connie Kadrovach Duckworth Director 122,838 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 13, 2024 Sanjay Gupta Director 31,604 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 13, 2024 Todd P. Kelsey Director 38,987 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 26, 2024 David C. Sylvester SVP, Chief Financial Officer 551,592 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.84 per share 7,634,033.28
Jul 26, 2024 David C. Sylvester SVP, Chief Financial Officer 549,776 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.76 per share 7,564,917.76
Jul 23, 2024 Nicole Cherie McGrath VP, Corp Controller and CAO 34,202 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.93 per share 476,433.86
Jul 3, 2024 Donna K. Flynn VP, Chief People Officer 73,733 Bona fide gift 0.00
Jun 12, 2024 Peter M. Wege Director 191,730 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 12, 2024 Kate Pew Wolters Director 232,883 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 17, 2024 Sara E. Armbruster President and CEO; Director 770,773 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $11.99 per share 9,241,568.27
Apr 12, 2024 Robert G. Krestakos VP, Chief Operations Officer 123,481 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Allan W. Smith SVP, Pres, Americas and CPO 255,187 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Lizbeth S. O'Shaughnessy SVP, CAO, GC and Secretary 339,475 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Steven Douglas Miller VP, Chief Technology Officer 80,501 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Steelcase Inc. in the News