# Floor & Decor Holdings, Inc. (FND)

> Source: Nexqual · https://nexqual.com/FND · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Floor & Decor Holdings, Inc. (FND), nexqual.com/FND" · informational, not investment advice.

**Price:** USD 48.17 (+6.78% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 45.11 · day 44.98–48.4 · 52w 42.64–77.46 · market cap $5.13B · NYQ

## Key facts
- Last four reported quarters (through Jun 25, 2026): revenue $4.71B, net income $232M (4.9% margin), free cash flow $211M (SEC filings).
- Valuation: P/E 22.1x (avg 44.3x at the last 3 fiscal year-ends), EV/EBITDA 9.2x, net cash $125M.
- 1 of 80 tracked superinvestors hold FND (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $14.3M; 2 not under a Rule 10b5-1 plan ($14.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $373K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 2.87 on a 1–5 scale) (23 analysts), mean target USD 57.14 (range 38–75).
- Total return with dividends: 1Y -32.3% vs S&P 500 +14.9%; 5Y -64.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.57, revenue estimate $1.22B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.43B | $4.26B | $4.41B | $4.46B | $4.68B | $4.71B |
| Gross profit | $1.42B | $1.73B | $1.86B | $1.93B | $2.04B | — |
| Operating income | $339M | $397M | $321M | $256M | $270M | $300M |
| Net income | $283M | $298M | $246M | $206M | $209M | $232M |
| EPS (diluted) | $2.64 | $2.78 | $2.28 | $1.90 | $1.92 | — |
| Free cash flow | -$106M | -$344M | $256M | $156M | $64.1M | $211M |
| Gross margin | 41.4% | 40.5% | 42.1% | 43.3% | 43.6% | — |
| Operating margin | 9.9% | 9.3% | 7.3% | 5.7% | 5.8% | 6.4% |
| Net margin | 8.2% | 7.0% | 5.6% | 4.6% | 4.5% | 4.9% |
| Revenue growth | +41.5% | +24.2% | +3.5% | +0.9% | +5.1% | — |
| Cash + short-term investments | $139M | $9.8M | $34.4M | $188M | $249M | — |
| Total debt | $198M | $408M | $197M | $197M | $196M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 25, 2026)
P/E 22.1x · P/S 1.1x · EV/EBITDA 9.2x · EV/Sales 1.1x · P/FCF 24.3x · P/B 2.1x · FCF yield 4.12% · Earnings yield 4.53% · Net cash $125M · EV $5.00B
P/E at fiscal year-ends: Dec 2025 31.6x, Dec 2024 52.5x, Dec 2023 48.9x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold FND. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Francois Rochon | Giverny Capital | 0.46% | $13.6M | Reduced -0.8% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 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 |
|---|---|---|---|---|---|---|---|
| 2026-08-07 | Taylor Thomas V | Executive Chair | 218,189 | $13.6M | 46.9% | No | Too little history (no open-market trades in 2025) |
| 2026-05-04 | Sayman Ersan | EVP - MERCHANDISING | 15,200 | $734K | 17.5% | No | Too little history (no open-market trades in 2023 or 2025) |
% 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.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $373K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-04 | Langley Bryan | EVP & CHIEF FINANCIAL OFFICER | 2,500 | $122K | 48.69 | Too little history (no open-market trades in 2023 or 2025) |
| 2026-05-04 | Paulsen Bradley | Chief Executive Officer | 5,000 | $251K | 50.25 | Too little history (no open-market trades in 2023 or 2024) |

## Analysts
Consensus Hold (mean 2.87 on a 1–5 scale), 23 analysts; mean target USD 57.14 (low 38, high 75).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Jefferies | Target lowered | Hold | $59 → $47 |
| 2026-10-19 | Wells Fargo | Target lowered | Equal-Weight | $55 → $45 |
| 2026-10-13 | Citigroup | Target lowered | Neutral | $59 → $49 |
| 2026-10-13 | Evercore ISI Group | Target lowered | In-Line | $55 → $50 |
| 2026-09-29 | Evercore ISI Group | Target lowered | In-Line | $60 → $55 |
| 2026-07-31 | UBS | Target raised | Neutral | $55 → $60 |
| 2026-07-31 | Telsey Advisory Group | Target raised | Outperform | $61 → $68 |
| 2026-07-31 | Morgan Stanley | Target raised | Equal-Weight | $56 → $64 |
| 2026-07-31 | Wells Fargo | Target raised | Equal-Weight | $50 → $55 |
| 2026-07-31 | Piper Sandler | Target raised | Overweight | $70 → $72 |
| 2026-07-31 | Truist Securities | Target raised | Buy | $65 → $70 |
| 2026-07-07 | Evercore ISI Group | Target raised | In-Line | $51 → $60 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -32.3% | -64.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -32.4% | -18.7% |
| Volatility (annualized) | 48.4% | 43.2% |
| Max drawdown | -43.3% (Jan 2026→May 2026) | -68.1% (Oct 2021→May 2026) |

## Peers (Home Improvement Retail)
HVT-A (Haverty Furniture Companies, In) USD 29 +0.07% · LOW (Lowe's Companies, Inc.) USD 204.37 +3.97% · HD (Home Depot, Inc. (The)) USD 327.73 +4.33% · YUM (Yum! Brands, Inc.) USD 154.45 +2.12% · HMC (Honda Motor Company, Ltd.) USD 34.58 +1.80% · F (Ford Motor Company) USD 11.94 +0.34%

## More
Full page: https://nexqual.com/FND · 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

## Supply chain and relationships (SEC annual reports)


Other companies that name FND in their own reports (relationship from FND's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| related | Boot Barn Holdings, Inc. (BOOT) | 10-K 2026-05-14 | "Beginning in March 2025, the Company no longer has a related party relationship with Floor & Decor Holdings, Inc." |

## Revenue by business segment (quarter ended 2026-06-25)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Retail | $1.19B | 94.8% | +3.0% | $120.5M | 10.2% |
| Other | $64.6M | 5.2% | +2.2% | $3.5M | 5.4% |
| Total revenue | $1.25B | 100% | — | $124.0M | 9.9% |

## Revenue by product line (quarter ended 2026-06-25)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Tile | $293.1M | 23.4% | +6.0% |
| Laminate and vinyl | $286.0M | 22.9% | -4.6% |
| Installation materials and tools | $267.2M | 21.4% | +9.2% |
| Decorative accessories and wall tile | $204.2M | 16.3% | +1.9% |
| Wood | $93.0M | 7.4% | +8.2% |
| Natural stone | $53.7M | 4.3% | +0.4% |
| Adjacent categories | $27.0M | 2.2% | -9.9% |
| Other | $26.0M | 2.1% | +11.9% |
| Total revenue | $1.25B | 100% | — |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.57 | $0.56 | +1.8% | $1.22B | 22 |
| Next quarter (ends 2026-12-31) | $0.46 | $0.42 | +8.5% | $1.23B | 22 |
| Current fiscal year (ends 2026-12-31) | $1.97 | $1.90 | +3.8% | $4.85B | 23 |
| Next fiscal year (ends 2027-12-31) | $2.18 | $2.16 | +0.5% | $5.10B | 22 |