Steelcase Profitability Analysis

SCS Stock  USD 16.14  0.10  0.62%   
Based on the measurements of profitability obtained from Steelcase's financial statements, Steelcase may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in February. Profitability indicators assess Steelcase's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1997-05-31
Previous Quarter
13.6 M
Current Value
35 M
Quarterly Volatility
35.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Steelcase's Price To Sales Ratio is comparatively stable compared to the past year. Days Sales Outstanding is likely to gain to 53.72 in 2026, whereas Sales General And Administrative To Revenue is likely to drop 0.0002 in 2026. At this time, Steelcase's Income Tax Expense is comparatively stable compared to the past year. Interest Income is likely to gain to about 7.2 M in 2026, whereas Operating Income is likely to drop slightly above 100.7 M in 2026. Gross Profit is likely to drop to about 762 M in 2026. Pretax Profit Margin is likely to drop to 0.04 in 2026
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.350.38
Significantly Down
Very volatile
Net Profit Margin0.01790.0343
Way Down
Very volatile
Operating Profit Margin0.04480.0574
Significantly Down
Slightly volatile
Pretax Profit Margin0.03980.0487
Significantly Down
Very volatile
Return On Assets0.02670.0466
Way Down
Pretty Stable
Return On Equity0.05940.11
Way Down
Very volatile
For Steelcase profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Steelcase to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Steelcase utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Steelcase's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Steelcase over time as well as its relative position and ranking within its peers.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
The next projected EPS of Steelcase is estimated to be 0.28 with future projections ranging from a low of 0.22 to a high of 0.32. Steelcase's most recent 12-month trailing earnings per share (EPS TTM) is at 0.8. Please be aware that the consensus of earnings estimates for Steelcase is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Steelcase is projected to generate 0.28 in earnings per share on the 30th of November 2025. Steelcase earnings estimates show analyst consensus about projected Steelcase EPS (Earning Per Share). It derives the highest and the lowest estimates based on Steelcase's historical volatility. Many public companies, such as Steelcase, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Steelcase's earnings estimates, investors can diagnose different trends across Steelcase's analyst sentiment over time as well as compare current estimates against different timeframes.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steelcase. If investors know Steelcase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steelcase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Dividend Share
0.4
Earnings Share
0.8
Revenue Per Share
28.563
Quarterly Revenue Growth
0.048
The market value of Steelcase is measured differently than its book value, which is the value of Steelcase that is recorded on the company's balance sheet. Investors also form their own opinion of Steelcase's value that differs from its market value or its book value, called intrinsic value, which is Steelcase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steelcase's market value can be influenced by many factors that don't directly affect Steelcase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steelcase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steelcase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steelcase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Steelcase Return On Asset vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Steelcase's current stock value. Our valuation model uses many indicators to compare Steelcase value to that of its competitors to determine the firm's financial worth.
Steelcase is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.30  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Steelcase is roughly  3.34 . At this time, Steelcase's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Steelcase by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Steelcase Return On Asset vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Steelcase

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0978
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Steelcase

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0293
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Steelcase Return On Asset Comparison

Steelcase is currently under evaluation in return on asset category among its peers.

Steelcase Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Steelcase, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Steelcase will eventually generate negative long term returns. The profitability progress is the general direction of Steelcase's change in net profit over the period of time. It can combine multiple indicators of Steelcase, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-66.9 M-70.2 M
Operating Income117.8 M100.7 M
Income Before Tax107.1 M91.3 M
Total Other Income Expense Net-10.7 M-11.2 M
Net Income81.1 M79.7 M
Income Tax Expense26 M27.9 M
Net Income Applicable To Common Shares78 M70.2 M
Net Income From Continuing Ops81.1 M70.7 M
Non Operating Income Net Other11.6 M11.6 M
Interest Income6.9 M7.2 M
Net Interest Income-25.9 M-27.2 M
Change To Netincome8.4 MM
Net Income Per Share 0.95  1.00 
Income Quality 1.41  1.34 
Net Income Per E B T 0.81  0.72 

Steelcase Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Steelcase. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Steelcase position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Steelcase's important profitability drivers and their relationship over time.

Steelcase Profitability Trends

Steelcase profitability trend refers to the progression of profit or loss within a business. An upward trend means that Steelcase's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Steelcase's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Steelcase Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Steelcase different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Steelcase in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Steelcase's future profitability.

Steelcase Earnings Estimation Breakdown

The calculation of Steelcase's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Steelcase is estimated to be 0.28 with the future projection ranging from a low of 0.22 to a high of 0.32. Please be aware that this consensus of annual earnings estimates for Steelcase is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.45
0.22
Lowest
Expected EPS
0.28
0.32
Highest

Steelcase Earnings Projection Consensus

Suppose the current estimates of Steelcase's value are higher than the current market price of the Steelcase stock. In this case, investors may conclude that Steelcase is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Steelcase's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of November 2025Current EPS (TTM)
268.72%
0.45
0.28
0.8

Steelcase Earnings History

Earnings estimate consensus by Steelcase analysts from Wall Street is used by the market to judge Steelcase's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Steelcase's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Steelcase Quarterly Gross Profit

312.1 Million

At this time, Steelcase's Earnings Yield is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.22 in 2026, whereas Retained Earnings are likely to drop slightly above 735.5 M in 2026. Common Stock Shares Outstanding is likely to drop to about 107 M in 2026. Net Income Applicable To Common Shares is likely to drop to about 70.2 M in 2026.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Steelcase's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
15.1716.1417.11
Details
Intrinsic
Valuation
LowRealHigh
15.5616.5317.50
Details
Naive
Forecast
LowNextHigh
15.0416.0116.98
Details
2 Analysts
Consensus
LowTargetHigh
15.3116.8218.68
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Steelcase assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Steelcase. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Steelcase's stock price in the short term.

Steelcase Earnings per Share Projection vs Actual

Actual Earning per Share of Steelcase refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Steelcase predict the company's earnings will be in the future. The higher the earnings per share of Steelcase, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Steelcase Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Steelcase, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Steelcase should always be considered in relation to other companies to make a more educated investment decision.

Steelcase Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Steelcase's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-09-24
2025-08-310.370.450.0821 
2025-06-25
2025-05-310.130.20.0753 
2025-03-26
2025-02-280.210.260.0523 
2024-12-18
2024-11-300.220.30.0836 
2024-09-18
2024-08-310.370.390.02
2024-06-20
2024-05-310.10.160.0660 
2024-03-20
2024-02-290.210.230.02
2023-12-19
2023-11-300.230.30.0730 
2023-09-19
2023-08-310.20.310.1155 
2023-06-21
2023-05-310.010.090.08800 
2023-03-22
2023-02-280.110.190.0872 
2022-12-19
2022-11-300.180.20.0211 
2022-09-21
2022-08-310.130.210.0861 
2022-06-22
2022-05-31-0.18-0.050.1372 
2022-03-23
2022-02-280.004-0.02-0.024600 
2021-12-16
2021-11-300.090.08-0.0111 
2021-09-22
2021-08-310.230.21-0.02
2021-06-23
2021-05-31-0.3-0.240.0620 
2021-03-23
2021-02-28-0.010.060.07700 
2020-12-17
2020-11-300.030.080.05166 
2020-09-22
2020-08-310.370.550.1848 
2020-06-30
2020-05-31-0.14-0.18-0.0428 
2020-03-24
2020-02-290.320.390.0721 
2019-12-17
2019-11-300.350.460.1131 
2019-09-19
2019-08-310.430.50.0716 
2019-06-19
2019-05-310.180.15-0.0316 
2019-03-19
2019-02-280.260.290.0311 
2018-12-18
2018-11-300.30.360.0620 
2018-09-20
2018-08-310.290.40.1137 
2018-06-20
2018-05-310.140.140.0
2018-03-20
2018-02-280.160.240.0850 
2017-12-19
2017-11-300.230.22-0.01
2017-09-18
2017-08-310.230.260.0313 
2017-06-21
2017-05-310.190.190.0
2017-03-21
2017-02-280.230.22-0.01
2016-12-20
2016-11-300.310.340.03
2016-09-21
2016-08-310.320.320.0
2016-06-22
2016-05-310.160.180.0212 
2016-03-22
2016-02-290.220.640.42190 
2015-12-21
2015-11-300.330.3-0.03
2015-09-23
2015-08-310.330.350.02
2015-06-24
2015-05-310.150.170.0213 
2015-03-24
2015-02-280.20.210.01
2014-12-22
2014-11-300.260.30.0415 
2014-09-23
2014-08-310.230.270.0417 
2014-06-26
2014-05-310.160.12-0.0425 
2014-03-25
2014-02-280.170.180.01
2013-12-18
2013-11-300.260.25-0.01
2013-09-18
2013-08-310.260.24-0.02
2013-06-19
2013-05-310.130.130.0
2013-03-27
2013-02-280.190.15-0.0421 
2012-12-19
2012-11-300.210.210.0
2012-09-19
2012-08-310.190.250.0631 
2012-06-20
2012-05-310.130.130.0
2012-03-22
2012-02-290.160.14-0.0212 
2011-12-21
2011-11-300.190.190.0
2011-09-21
2011-08-310.170.15-0.0211 
2011-06-22
2011-05-310.050.10.05100 
2011-03-23
2011-02-280.080.110.0337 
2010-12-16
2010-11-300.130.180.0538 
2010-09-22
2010-08-310.050.080.0360 
2010-06-21
2010-05-31-0.06-0.060.0
null
nullnullnullnull
null
nullnullnullnull
2009-06-23
2009-05-31-0.130.020.15115 
2009-03-31
2009-02-28-0.01-0.04-0.03300 
2008-12-22
2008-11-300.090.02-0.0777 
2008-09-29
2008-08-310.220.280.0627 
2008-06-27
2008-05-310.220.2-0.02
2008-03-27
2008-02-290.250.22-0.0312 
2007-12-19
2007-11-300.280.30.02
2007-09-20
2007-08-310.230.250.02
2007-06-26
2007-05-310.190.240.0526 
2007-03-29
2007-02-280.180.17-0.01
2006-12-18
2006-11-300.190.250.0631 
2006-09-20
2006-08-310.180.20.0211 
2006-06-26
2006-05-310.150.14-0.01
2006-03-29
2006-02-280.110.110.0
2005-12-16
2005-11-300.140.160.0214 
2005-09-19
2005-08-310.140.13-0.01
2005-06-20
2005-05-310.080.080.0
2005-03-30
2005-02-280.030.02-0.0133 
2004-12-17
2004-11-300.040.03-0.0125 
2004-09-23
2004-08-310.010.060.05500 
2004-06-22
2004-05-31-0.07-0.020.0571 
2004-03-29
2004-02-29-0.04-0.040.0
2003-12-18
2003-11-30-0.05-0.030.0240 
2003-09-24
2003-08-310.020.01-0.0150 
2003-06-23
2003-05-31-0.04-0.05-0.0125 
2003-03-31
2003-02-28-0.090.020.11122 
2002-12-18
2002-11-30-0.08-0.080.0
2002-09-23
2002-08-31-0.03-0.05-0.0266 
2002-06-19
2002-05-31-0.09-0.050.0444 
2002-03-25
2002-02-28-0.08-0.1-0.0225 
2001-12-19
2001-11-300.020.050.03150 
2001-09-20
2001-08-310.060.090.0350 
2001-06-14
2001-05-310.210.19-0.02
2001-03-26
2001-02-280.280.27-0.01
2000-12-19
2000-11-300.360.35-0.01
2000-09-21
2000-08-310.340.360.02
2000-06-09
2000-05-310.320.370.0515 
2000-03-28
2000-02-290.280.330.0517 
1999-12-21
1999-11-300.290.30.01
1999-09-24
1999-08-310.240.290.0520 
1999-06-18
1999-05-310.30.370.0723 
1999-03-26
1999-02-280.290.310.02
1998-12-18
1998-11-300.330.370.0412 
1998-09-22
1998-08-310.40.410.01
1998-06-16
1998-05-310.350.350.0
1998-03-30
1998-02-280.30.330.0310 

Use Steelcase in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Steelcase position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Steelcase will appreciate offsetting losses from the drop in the long position's value.

Steelcase Pair Trading

Steelcase Pair Trading Analysis

The ability to find closely correlated positions to Steelcase could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steelcase when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Steelcase - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Steelcase to buy it.
The correlation of Steelcase is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Steelcase moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steelcase moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Steelcase can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.