Tearsheet

Steelcase (SCS)


Market Price (10/29/2025): $16.35 | Market Cap: $1.9 Bil
Sector: Consumer Discretionary | Industry: Household Appliances

Steelcase (SCS)


Market Price (10/29/2025): $16.35
Market Cap: $1.9 Bil
Sector: Consumer Discretionary
Industry: Household Appliances

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0  Trading close to highs
Dist 52W High is -3.1%, Dist 3Y High is -3.1%
Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 115x
1   Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.1%
0 Trading close to highs
Dist 52W High is -3.1%, Dist 3Y High is -3.1%
1 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 115x
2 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.1%

Market Valuation & Key Metrics

SCS Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
SCS Return-31%-10%-36%98%-9%45%3%
Peers Return8%10%-24%19%15%-10%11%
S&P 500 Return16%27%-19%24%23%17%110%

Monthly Win Rates [3]
SCS Win Rate50%50%50%75%33%56% 
Peers Win Rate48%53%30%50%45%44% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
SCS Max Drawdown-64%-17%-44%-7%-11%-20% 
Peers Max Drawdown-42%-8%-28%-13%-23%-29% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HNI, LZB, LEG, SN, WHR. See SCS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/28/2025 (YTD)

How Low Can It Go

Unique KeyEventSCSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-62.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven165.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven981 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-64.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven179.1%51.3%
2020 Covid PandemicTime to BreakevenTime to BreakevenNot Fully Recovered days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-30.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven43.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven396 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-81.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven431.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2205 days1480 days

Compare to HNI, LZB, LEG, SN, WHR


In The Past

Steelcase's stock fell -62.3% during the 2022 Inflation Shock from a high on 3/12/2021. A -62.3% loss requires a 165.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Steelcase (SCS)

Better Bets than Steelcase (SCS)

Trade Ideas

Select past ideas related to SCS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-12.8%-12.8%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-13.6%-13.6%-14.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.0%-11.0%-11.0%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.8%2.8%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
14.3%14.3%-11.7%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-12.8%-12.8%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-13.6%-13.6%-14.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.0%-11.0%-11.0%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.8%2.8%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
14.3%14.3%-11.7%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Steelcase

Financials

SCSHNILZBLEGSNWHRMedian
NameSteelcaseHNI La-Z-Boy Leggett .SharkNin.Whirlpool 
Mkt Price16.6844.7033.2610.5997.1677.5838.98
Mkt Cap2.02.11.41.513.74.42.0
Rev LTM3,2592,5822,1064,2385,88115,5633,749
Op Inc LTM146229146244699828237
FCF LTM-371689424724662131
FCF 3Y Avg127149120310159229154
CFO LTM17223171309403437266
CFO 3Y Avg180215185402294720254

Growth & Margins

SCSHNILZBLEGSNWHRMedian
NameSteelcaseHNI La-Z-Boy Leggett .SharkNin.Whirlpool 
Rev Chg LTM3.9%-0.8%2.2%-6.2%23.5%-11.4%0.7%
Rev Chg 3Y Avg1.8%3.2%-4.6%-7.2%--8.9%-4.6%
Rev Chg Q4.8%7.0%-0.7%-6.3%15.7%1.0%2.9%
QoQ Delta Rev Chg LTM1.3%1.7%-0.2%-1.6%3.5%0.3%0.8%
Op Mgn LTM4.5%8.9%6.9%5.8%11.9%5.3%6.4%
Op Mgn 3Y Avg4.7%6.7%7.6%6.3%10.0%5.1%6.5%
QoQ Delta Op Mgn LTM-1.0%0.5%-0.5%0.6%0.7%-0.4%0.0%
CFO/Rev LTM0.5%8.7%8.1%7.3%6.8%2.8%7.1%
CFO/Rev 3Y Avg5.6%8.6%8.7%8.7%6.3%4.1%7.4%
FCF/Rev LTM-1.1%6.5%4.5%5.8%4.2%0.4%4.3%
FCF/Rev 3Y Avg4.0%5.9%5.6%6.7%3.5%1.3%4.8%

Valuation

SCSHNILZBLEGSNWHRMedian
NameSteelcaseHNI La-Z-Boy Leggett .SharkNin.Whirlpool 
Mkt Cap2.02.11.41.513.74.42.0
P/S0.60.80.60.32.30.30.6
P/EBIT15.29.610.05.218.98.79.8
P/E20.814.014.910.326.4-23.814.4
P/CFO114.79.28.04.834.010.09.6
Total Yield4.8%9.5%9.3%11.5%3.8%3.7%7.1%
Dividend Yield0.0%2.3%2.6%1.8%0.0%7.9%2.1%
FCF Yield 3Y Avg11.7%7.6%8.5%16.1%-3.8%8.5%
D/E0.30.30.41.30.11.90.3
Net D/E0.20.30.11.10.11.70.2

Returns

SCSHNILZBLEGSNWHRMedian
NameSteelcaseHNI La-Z-Boy Leggett .SharkNin.Whirlpool 
1M Rtn-1.8%-3.0%-4.5%20.8%-8.3%0.1%-2.4%
3M Rtn59.6%-13.1%-10.5%5.9%-18.0%-7.6%-9.1%
6M Rtn69.1%6.9%-15.8%11.8%19.3%4.5%9.4%
12M Rtn36.9%-11.3%-14.6%-11.1%-12.6%-20.3%-11.9%
3Y Rtn146.8%71.3%40.5%-63.9%--33.5%40.5%
1M Excs Rtn-6.4%-7.3%-7.2%17.4%-12.0%-4.5%-6.8%
3M Excs Rtn54.1%-20.9%-16.9%1.9%-25.2%-14.8%-15.8%
6M Excs Rtn45.2%-17.0%-39.7%-12.1%-4.6%-19.5%-14.5%
12M Excs Rtn18.3%-31.2%-32.7%-30.5%-28.5%-43.7%-30.8%
3Y Excs Rtn83.7%-7.6%-29.8%-145.0%--112.7%-29.8%

Financials

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Desking, benching, systems and storage1,3151,3521,1741,1581,696
Other939898731624914
Seating9059828678141,114
Total3,1603,2332,7732,5963,724


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity2,524,995
Short Interest: % Change Since 93020253.4%
Average Daily Volume1,196,228
Days-to-Cover Short Interest2.11
Basic Shares Quantity119,000,000
Short % of Basic Shares2.1%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/24/20250.1%3.5%0.9%
6/25/20252.5%5.7%3.1%
3/26/20256.6%8.1%-5.8%
12/18/2024-1.1%-4.5%-6.3%
9/18/2024-5.7%-8.7%-5.7%
6/20/2024-3.3%3.0%8.4%
3/20/2024-5.7%-1.4%-7.8%
12/19/202310.9%8.0%2.0%
...
SUMMARY STATS   
# Positive131314
# Negative111110
Median Positive6.6%5.7%6.5%
Median Negative-5.7%-2.8%-5.8%
Max Positive19.3%21.8%27.1%
Max Negative-14.0%-23.2%-25.1%

SEC Filings

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Report DateFiling DateFiling
8312025926202510-Q 8/29/2025
5312025627202510-Q 5/30/2025
2282025418202510-K 2/28/2025
113020241220202410-Q 11/22/2024
8312024920202410-Q 8/23/2024
5312024621202410-Q 5/24/2024
2292024412202410-K 2/23/2024
113020231220202310-Q 11/24/2023
8312023922202310-Q 8/25/2023
5312023623202310-Q 5/26/2023
2282023414202310-K 2/24/2023
113020221221202210-Q 11/25/2022
8312022923202210-Q 8/26/2022
5312022624202210-Q 5/27/2022
2282022415202210-K 2/25/2022
113020211220202110-Q 11/26/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Krestakos Robert GVP, Chief Operations Officer7112025Sell10.6312,000127,5461,359,551Form
1Krestakos Robert GVP, Chief Operations Officer4152025Sell10.136,00060,7571,416,763Form
2Krestakos Robert GVP, Chief Operations Officer1232025Sell11.745,00058,7001,344,007Form
3Krestakos Robert GVP, Chief Operations Officer10162024Sell13.114,00052,4401,566,396Form