FLXS
Flexsteel Industries, Inc.
FLXS's fundamentals are strong: earnings per share grew 46% and free cash flow grew 23%. At 13x earnings, it's trading in line with its usual 13x. Analysts expect that strong growth to continue.
FLXS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
FLXS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
FLXS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $57.95 | -23% |
| Fair | 13x | $78.63 | +4.7% |
| Current | 13x | $75.13 | — |
| Forward | 14x | $75.13 | — |
| Expensive | 22x | $130 | +72% |
Historical ranges are pointers, not guarantees.
FLXS's PE is in its fair range at 13x. On analysts' estimates for next year's earnings, today's price would be 14x.
FLXS Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FLXS, with profitability improving.
FLXS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.54 | -7.7% |
| Q3 2026 | $6.00 | +46% |
| Q2 2026 | $6.07 | +71% |
| Q1 2026 | $5.52 | +117% |
| Q4 2025 | $3.67 | +2.5% |
| Q3 2025 | $4.11 | +62% |
| Q2 2025 | $3.54 | +83% |
| Q1 2025 | $2.54 | -14% |
| Q4 2024 | $3.58 | +23% |
FLXS earned $6.00 per share over the past year, up 46% from the year before.
FLXS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114M | +3.2% |
| Q2 2026 | $115.4M | +0.7% |
| Q1 2026 | $115.1M | +1% |
| Q4 2025 | $118.2M | +9% |
| Q3 2025 | $110.4M | +6.2% |
| Q2 2025 | $114.6M | +3.4% |
| Q1 2025 | $114M | +6.3% |
| Q4 2024 | $108.5M | +8.4% |
FLXS's revenue has grown year over year for 12 quarters in a row: $114M last quarter, up 3.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6% | -2.1 points |
| Q2 2026 | 14% | +2 points |
| Q1 2026 | 7.1% | +12 points |
| Q4 2025 | 7.6% | -3.1 points |
| Q3 2025 | 8.1% | +2.3 points |
| Q2 2025 | 12% | +5.3 points |
| Q1 2025 | -4.4% | -7.2 points |
| Q4 2024 | 11% | +6.2 points |
FLXS's operating margin was 6% last quarter, down 2.1 points from the same quarter a year ago.
FLXS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.4M | -188% |
| Q2 2026 | $23.9M | +59% |
| Q1 2026 | $21.6M | +98% |
| Q4 2025 | -$735K | -113% |
| Q3 2025 | $2.8M | +40% |
| Q2 2025 | $15.1M | +112% |
| Q1 2025 | $10.9M | +85% |
| Q4 2024 | $5.8M | -66% |
FLXS usually generates cash, though not every quarter: the latest was −$2M, but it generated $42M over the past year.
FLXS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -23% | -1.3M shares |
| 1 year | -23% | -1.3M shares |
| 3 years | -19% | -1M shares |
| 5 years | -42% | -3.1M shares |
| Available history | -45% | -3.6M shares |
FLXS has 4M diluted shares, down 23% from a year ago.
FLXS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -1.2x | Net Cash |
| Q3 2025 | -1.2x | Net Cash |
| Q3 2024 | -0.1x | Net Cash |
| Q2 2024 | 0.0x | Very low |
| Q1 2024 | 0.5x | Very low |
FLXS has more cash than debt.
FLXS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.4 | Neutral |
| Stochastic | 33.8 | Neutral |
FLXS's weekly RSI is 52 (neutral) and its Stochastic is 34 (neutral).
FLXS PE vs Consumer Cyclical Sector
| Metric | FLXS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 18x | 31% below |
| PE % | 43 | 47 | 4 pts below |
FLXS is trading at 13x earnings, a 31% discount to the Consumer Cyclical sector's median of 18x.
FLXS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $81.5 | 7.8% below |
| 20 week MA | $78.7 | 4.5% below |
| 50 week MA | $61.4 | 22% above |
| 100 week MA | $50.9 | 48% above |
| 200 week MA | $40.1 | 87% above |
FLXS has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 87% above its 200-week average.
FLXS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.5 | $34.8 | +70% |
| 2021 | $34.8 | $25.7 | -26% |
| 2022 | $25.7 | $15.8 | -38% |
| 2023 | $15.8 | $18.9 | +19% |
| 2024 | $18.9 | $55.4 | +194% |
| 2025 | $55.4 | $40.8 | -26% |
| 2026 YTD | $40.8 | $75.1 | +84% |
FLXS is up 84% so far in 2026, after finishing lower in three of the previous six years.