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Interface, Inc. designs, produces, and sells modular carpet products in the United States, Canada, Latin America, Europe, Africa, Asia, and Australia. The company offers modular carpets; luxury vinyl tiles; modular resilient flooring products; rubber flooring; and carpet tiles used in commercial interiors, include offices, educational facilities, healthcare facilities, airports, hospitality spaces, retail spaces, and residential interiors. It also provides carpet replacement, installation, and maintenance services; and other products and services, including TacTiles carpet tile installation system and adhesives and products for carpet installation and maintenance, as well as project management services. The company sells its products under the Interface, FLOR, NORAPLAN, and NORAMENT brands through direct sales to end users and indirect sales through independent contractors, installers and distributors. Interface, Inc. was incorporated in 1973 and is headquartered in Atlanta, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $197M | $116M | $122M | 18.1% | 5.4% | 33.5% |
| 2024 | $1.3B | $181M | $87M | $115M | 17.8% | 4.3% | 95.3% |
| 2023 | $1.3B | $142M | $45M | $116M | 10.5% | -2.8% | 127.6% |
| 2022 | $1.3B | $118M | $20M | $25M | 5.4% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,297.92 | 1,261.50 | 1,315.66 | 1,386.85 |
| Operating Revenue | - | 1,297.92 | 1,261.50 | 1,315.66 | 1,386.85 |
| Cost Of Revenue | - | 860.19 | 820.43 | 832.71 | 849.47 |
| Gross Profit | - | 437.73 | 441.07 | 482.95 | 537.38 |
| Operating Expense | - | 324.19 | 339.05 | 348.54 | 373.38 |
| Selling General And Administration | - | 324.19 | 339.05 | 348.54 | 373.38 |
| Total Expenses | - | 1,184.38 | 1,159.48 | 1,181.25 | 1,222.86 |
| Operating Income | - | 113.54 | 102.02 | 134.41 | 164 |
| Total Operating Income As Reported | - | 75.40 | 104.52 | 134.41 | 164 |
| EBITDA | - | 118.18 | 141.71 | 181.43 | 196.97 |
| Normalized EBITDA | - | 156.33 | 139.21 | 181.43 | 196.97 |
| EBIT | - | 71.85 | 95.44 | 136.76 | 156.40 |
| Interest Expense | - | 29.93 | 31.79 | 23.20 | 19.55 |
| Net Interest Income | - | -29.93 | -31.79 | -23.20 | -19.55 |
| Other Non Operating Income Expenses | - | -3.55 | -9.08 | 2.35 | -7.60 |
| Other Income Expense | - | -41.70 | -6.58 | 2.35 | -7.60 |
| Interest Expense Non Operating | - | 29.93 | 31.79 | 23.20 | 19.55 |
| Net Non Operating Interest Income Expense | - | -29.93 | -31.79 | -23.20 | -19.55 |
| Pretax Income | - | 41.92 | 63.65 | 113.55 | 136.85 |
| Tax Provision | - | 22.36 | 19.14 | 26.61 | 20.75 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -8.01 | 0.75 | 0 | 0 |
| Net Income Continuous Operations | - | 19.56 | 44.52 | 86.95 | 116.10 |
| Net Income From Continuing And Discontinued Operation | - | 19.56 | 44.52 | 86.95 | 116.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 19.56 | 44.52 | 86.95 | 116.10 |
| Net Income | - | 19.56 | 44.52 | 86.95 | 116.10 |
| Net Income Common Stockholders | - | 19.26 | 44.52 | 86.95 | 116.10 |
| Net Income Including Noncontrolling Interests | - | 19.56 | 44.52 | 86.95 | 116.10 |
| Normalized Income | - | 49.69 | 42.77 | 86.95 | 116.10 |
| Diluted NI Availto Com Stockholders | - | 19.26 | 44.52 | 86.95 | 116.10 |
| Basic Average Shares | - | 58.86 | 58.09 | 58.28 | 58.38 |
| Diluted Average Shares | - | 58.86 | 58.34 | 58.87 | 59.16 |
| Reconciled Depreciation | - | 46.34 | 46.27 | 44.67 | 40.57 |
| Reconciled Cost Of Revenue | - | 860.19 | 820.43 | 832.71 | 849.47 |
| Total Unusual Items | - | -38.15 | 2.50 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | - | -38.15 | 2.50 | 0 | 0 |
| Special Income Charges | - | -38.15 | 2.50 | 0 | 0 |
| Impairment Of Capital Assets | 0 | 36.18 | 0 | 0 | - |
| Restructuring And Mergern Acquisition | - | 1.96 | -2.50 | 0 | 0 |
| Otherunder Preferred Stock Dividend | 0.60 | 0.30 | 0.57 | 0.50 | - |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Interface, Inc.this co. | TILE | $1.7B | 14.88↑ premium | 2.70 | 18.1% | 9.75 |
| FIGS, Inc. | FIGS | $2.0B | 57.06 | 4.47 | 7.8% | 40.96 |
| Albany International Corp. | AIN | $1.9B | -33.97 | 2.68 | -7.9% | 44.38 |
| United Parks & Resorts Inc. | PRKS | $1.9B | 11.42 | -4.41 | -38.6% | 7.79 |
| Kohl's Corporation | KSS | $1.8B | 6.59 |
| - |
| - |
| - |
| - |
| 0.44 |
| 6.7% |
| 5.85 |
| Adient plc | ADNT | $1.8B | -6.37 | 1.01 | -15.9% | 7.37 |
| The Goodyear Tire & Rubber Company | GT | $1.6B | - | 0.50 | -53.2% | 5.96 |
| Dauch Corporation | DCH | $1.6B | -79.52 | 2.45 | -3.1% | 7.60 |
| La-Z-Boy Incorporated | LZB | $1.5B | 15.10 | 1.47 | 9.8% | 6.14 |
| Peer Median | - | 6.59 | 1.24 | -5.5% | 7.49 | |