Floor & Decor (FND) financial statements
Floor & Decor reported revenue of $4.7B in fiscal 2025, up 18.1% a year over 9 years.
Net income was $209M and the operating margin 5.8%, against 6.6% in 2016.
Free cash flow was $64M.
The diluted share count rose 23% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Floor & Decor's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.7B | $2.0B | $2.4B | $3.4B | $4.3B | $4.4B | $4.5B | $4.7B |
| Cost of revenue | $621M | $812M | $1.0B | $1.2B | $1.4B | $2.0B | $2.5B | $2.6B | $2.5B | $2.6B |
| Gross profit | $429M | $573M | $702M | $863M | $1.0B | $1.4B | $1.7B | $1.9B | $1.9B | $2.0B |
| Selling, general and admin | $336M | $438M | $545M | $679M | $799M | $1.0B | $1.3B | $1.5B | $1.7B | $1.8B |
| Operating income | $69M | $118M | $131M | $159M | $215M | $339M | $397M | $321M | $256M | $270M |
| Interest expense | $13M | $14M | $9M | $9M | $8M | $5M | $11M | $10M | $3M | $3M |
| Pre-tax income | $55M | $99M | $122M | $150M | $207M | $334M | $386M | $312M | $253M | $267M |
| Income tax | $11M | -$4M | $6M | -$251,000 | $12M | $51M | $87M | $66M | $48M | $58M |
| Net income | $43M | $103M | $116M | $151M | $195M | $283M | $298M | $246M | $206M | $209M |
| EPS (diluted) | $0.49 | $1.03 | $1.11 | $1.44 | $1.84 | $2.64 | $2.78 | $2.28 | $1.90 | $1.92 |
| Diluted shares | 88M | 100M | 105M | 105M | 106M | 107M | 107M | 108M | 108M | 108M |
| Gross margin | 40.9% | 41.3% | 41.1% | 42.2% | 42.7% | 41.4% | 40.5% | 42.1% | 43.3% | 43.6% |
| Operating margin | 6.6% | 8.5% | 7.7% | 7.8% | 8.8% | 9.9% | 9.3% | 7.3% | 5.7% | 5.8% |
| Net margin | 4.1% | 7.4% | 6.8% | 7.4% | 8.0% | 8.2% | 7.0% | 5.6% | 4.6% | 4.5% |
Balance sheet
Fiscal years, from Floor & Decor's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $556,000 | $556,000 | $644,000 | $27M | $308M | $139M | $10M | $34M | $188M | $249M |
| Receivables | $35M | $54M | $68M | — | — | — | — | — | — | — |
| Inventory | $294M | $428M | $471M | $582M | $654M | $1.0B | $1.3B | $1.1B | $1.1B | $1.1B |
| Total current assets | $336M | $503M | $559M | $701M | $1.0B | $1.3B | $1.5B | $1.3B | $1.5B | $1.5B |
| Property, plant and equipment | $150M | $221M | $328M | $456M | $579M | $929M | $1.3B | $1.6B | $1.8B | $1.9B |
| Goodwill | $227M | $227M | $227M | $227M | $227M | $255M | $255M | $258M | $258M | $258M |
| Total assets | $831M | $1.1B | $1.2B | $2.3B | $2.9B | $3.7B | $4.4B | $4.7B | $5.1B | $5.5B |
| Total current liabilities | $244M | $359M | $404M | $553M | $699M | $1.0B | $1.0B | $1.2B | $1.2B | $1.2B |
| Long-term debt | $337M | $145M | $142M | $143M | $207M | $196M | $406M | $195M | $195M | $194M |
| Total liabilities | $697M | $625M | $650M | $1.6B | $1.9B | $2.4B | $2.7B | $2.7B | $2.9B | $3.1B |
| Shareholders' equity | $134M | $443M | $584M | $764M | $997M | $1.3B | $1.7B | $1.9B | $2.2B | $2.4B |
| Net debt | $340M | $148M | $145M | $116M | -$99M | $58M | $398M | $163M | $9M | -$53M |
Cash flow
Fiscal years, from Floor & Decor's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $89M | $109M | $186M | $205M | $406M | $301M | $112M | $804M | $603M | $382M |
| Capital spending | $75M | $102M | $151M | $196M | $212M | $408M | $457M | $548M | $447M | $318M |
| Free cash flow | $15M | $7M | $34M | $9M | $194M | -$106M | -$344M | $256M | $156M | $64M |
| Stock-based compensation | $3M | $5M | $7M | $9M | $16M | $21M | $22M | $27M | $34M | $30M |
| Dividends paid | $225M | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | 1.4% | 0.5% | 2.0% | 0.4% | 8.0% | -3.1% | -8.1% | 5.8% | 3.5% | 1.4% |
| Dividends per share | $2.54 | — | — | — | — | — | — | — | — | — |
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Open FND in InvestinglyQuestions
What was Floor & Decor's revenue in 2025?
$4.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Floor & Decor generate?
$64M in fiscal 2025 (operating cash flow minus capital spending).
From Floor & Decor's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.