Steelcase Inc. (SCS)

Steelcase Income Statement

Financials in millions USD. Fiscal year is March - February.

Year Ending	TTM	Feb 23, 2024	Feb 24, 2023	Feb 25, 2022	Feb 26, 2021	Feb 28, 2020
Revenue	3,135	3,160	3,233	2,773	2,596	3,724
Revenue Growth (YoY)	-3.35%	-2.26%	16.59%	6.80%	-30.28%	8.15%
Cost of Revenue	2,123	2,147	2,313	2,011	1,833	2,509
Gross Profit	1,012	1,012	919.4	761.5	762.8	1,215
Selling, General & Admin	873.4	876.5	837.2	741.4	684.2	958.2
Other Operating Expenses	10.7	18.1	16.7	0	35.6	0
Operating Expenses	884.1	894.6	853.9	741.4	719.8	958.2
Operating Income	128.1	117.8	65.5	20.1	43	257
Interest Expense / Income	25.5	25.9	28.4	25.7	27.1	27.3
Other Expense / Income	-15.7	-15.2	-14.5	-7.2	-10	-15.5
Pretax Income	118.3	107.1	51.6	1.6	25.9	245.2
Income Tax	27.8	26	16.3	-2.4	-0.2	45.5
Net Income	90.5	81.1	35.3	4	26.1	199.7
Net Income Growth	87.76%	129.75%	782.50%	-84.67%	-86.93%	58.49%
Shares Outstanding (Basic)	115	114	113	112	115	117
Shares Change	0.68%	1.09%	0.79%	-2.45%	-1.96%	0.36%
EPS (Basic)	0.76	0.68	0.30	0.03	0.22	1.67
EPS (Diluted)	0.76	0.68	0.30	0.03	0.22	1.66
EPS Growth	85.37%	126.67%	900.00%	-86.36%	-86.75%	58.10%
Free Cash Flow	240.2	311	40.2	-145.7	30.9	289.2
Free Cash Flow Per Share	2.09	2.72	0.36	-1.30	0.27	2.47
Dividend Per Share	0.400	0.400	0.490	0.535	0.370	0.580
Dividend Growth	-10.11%	-18.37%	-8.41%	44.59%	-36.21%	7.41%
Gross Margin	32.29%	32.04%	28.44%	27.46%	29.38%	32.63%
Operating Margin	4.09%	3.73%	2.03%	0.72%	1.66%	6.90%
Profit Margin	2.89%	2.57%	1.09%	0.14%	1.01%	5.36%
Free Cash Flow Margin	7.66%	9.84%	1.24%	-5.25%	1.19%	7.77%
Effective Tax Rate	23.50%	24.28%	31.59%	-150.00%	-0.77%	18.56%
EBITDA	227.2	216.6	170	110.5	138.2	358.1
EBITDA Margin	7.25%	6.86%	5.26%	3.99%	5.32%	9.62%
Depreciation & Amortization	83.4	83.6	90	83.2	85.2	85.6
EBIT	143.8	133	80	27.3	53	272.5
EBIT Margin	4.59%	4.21%	2.47%	0.98%	2.04%	7.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).