# Flexsteel Industries, Inc. (FLXS)

> Source: Nexqual · https://nexqual.com/FLXS · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Flexsteel Industries, Inc. (FLXS), nexqual.com/FLXS" · informational, not investment advice.

**Price:** USD 84.18 (-0.94% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 84.98 · day 83.4–84.66 · 52w 34–90.65 · market cap $344M · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $459M, net income $33.1M (7.2% margin), free cash flow $47.6M (SEC filings).
- Valuation: P/E 10.4x (avg 12.9x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold FLXS (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 11 Form 4 filings, $2.9M; 11 not under a Rule 10b5-1 plan ($2.9M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +136.9% vs S&P 500 +13.4%; 5Y +237.6% vs S&P 500 +76.9%.
- Next earnings: 2026-10-26, EPS estimate USD 1.25, revenue estimate $113M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $544M | $394M | $413M | $441M | $459M | $459M |
| Gross profit | $72.7M | $70.9M | $87.2M | $97.9M | $113M | — |
| Operating income | $6.6M | $10.5M | $17.1M | $26.6M | $42.5M | $42.5M |
| Net income | $1.9M | $14.8M | $10.5M | $20.2M | $33.1M | $33.1M |
| EPS (diluted) | $0.28 | $2.74 | $1.91 | $3.55 | $6.07 | — |
| Free cash flow | $4.1M | $18.2M | $27.1M | $33.7M | $47.6M | $47.6M |
| Gross margin | 13.4% | 18.0% | 21.1% | 22.2% | 24.7% | — |
| Operating margin | 1.2% | 2.7% | 4.1% | 6.0% | 9.3% | 9.3% |
| Net margin | 0.3% | 3.8% | 2.6% | 4.6% | 7.2% | 7.2% |
| Revenue growth | +13.6% | -27.7% | +4.8% | +6.9% | +4.1% | — |
| Cash + short-term investments | $2.2M | $3.4M | $4.8M | $40.0M | $16.7M | — |
Fiscal years end Jun. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 10.4x · P/S 0.8x · P/FCF 7.2x · P/B 2.6x · FCF yield 13.81% · Earnings yield 9.62% · Dividend yield (paid, TTM) 1.27%
P/E at fiscal year-ends: Jun 2026 12.3x, Jun 2025 10.2x, Jun 2024 16.3x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold FLXS. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | <0.01% | $1.5M | New position |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 11 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-14…2026-09-15 | Creekmuir William S. | Director | 3,950 | $321K | 19.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-08 | Kammes Stacy Marie | VP Talent, Customer Experience | 2,750 | $227K | 7.6% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-04 | Creekmuir William S. | Director | 3,100 | $253K | 11.8% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-03 | Culbreth Michael Scott | Director | 4,000 | $323K | 29.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-01 | McClaflin Michael Joseph | Chief Information Officer | 2,500 | $204K | 6.5% | No | Too little history (no open-market trades in 2023) |
| 2026-09-01 | Creekmuir William S. | Director | 3,008 | $245K | 10.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-28…2026-08-31 | McClaflin Michael Joseph | Chief Information Officer | 4,500 | $365K | 10.5% | No | Too little history (no open-market trades in 2023) |
| 2026-08-28 | Creekmuir William S. | Director | 3,100 | $254K | 9.6% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-21 | Kammes Stacy Marie | VP Talent, Customer Experience | 2,250 | $182K | 7.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-20…2026-08-21 | Crimmins David Edward | Chief Growth Officer | 5,756 | $463K | 16% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-20 | McClaflin Michael Joseph | Chief Information Officer | 500 | $40K | 1.4% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-19 | Freedom Broker | Downgrade | Buy → Hold | $72 → $80 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +136.9% | +237.6% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +137.6% | +27.6% |
| Volatility (annualized) | 46.0% | 50.5% |
| Max drawdown | -24.6% (Feb 2026→Mar 2026) | -54.0% (Dec 2024→Jun 2025) |

## Peers (Furnishings, Fixtures & Appliances)
HBB (Hamilton Beach Brands Holding C) USD 33.19 -0.60% · ETD (Ethan Allen Interiors Inc.) USD 20.45 -1.64% · XMAX (XMAX, Inc.) USD 8.66 -1.03% · LZB (La-Z-Boy Incorporated) USD 29.98 -1.38% · MLKN (MillerKnoll, Inc.) USD 21.14 -2.49% · MBC (MasterBrand, Inc.) USD 7.3 -0.68%

## More
Full page: https://nexqual.com/FLXS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Company outlook (8-K filed 2026-08-17)

- "For the first quarter of fiscal year 2027, the Company expects sales growth of 1% to 4% compared to the prior year quarter and operating margin of 6.5% to 7%."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.25 | $1.11 | +12.6% | $112.7M | 1 |
| Next quarter (ends 2026-12-31) | $1.30 | $1.20 | +8.3% | $118.7M | 1 |
| Current fiscal year (ends 2027-06-30) | $5.29 | $5.05 | +4.8% | $475.7M | 1 |
| Next fiscal year (ends 2028-06-30) | $6.05 | $5.78 | +4.7% | $497.8M | 1 |