Flexsteel IndustriesFLXS +6.08%65 Gross Margin % is 22.62% as of Mar. 2026, which is 12% above its 10-year median of 20.14. GuruFocus rates FLXS with a GF Score™ of 65/100 and a GF Value™ of $37.94 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 419 Furnishings, Fixtures & Appliances companies, Flexsteel Industries ranks worse than 67.3% on this metric.
The historical rank and industry rank for Flexsteel Industries's Gross Margin % or its related term are showing as below:
FLXS'
s Gross Margin % Range Over the Past 10 Years
Min: 13.35 Med: 20.14 Max: 23.18
Current: 23.18
During the past 13 years, the highestGross Margin % of Flexsteel Industries was 23.18%. The lowest was 13.35%. And the median was 20.14%.
FLXS's Gross Margin % is ranked worse than 67.3% of 419
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11
vs FLXS: 23.18
Flexsteel Industries had a gross margin of 22.62% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Flexsteel Industries was 7.70% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Flexsteel Industries had a gross margin of 22.62% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Flexsteel Industries Gross Margin % Related Terms
Flexsteel Industries Gross Margin % Historical Data
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The historical data trend for Flexsteel Industries's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FLXS vs LOVE, LCUT, HBB: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flexsteel Industries Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Flexsteel Industries's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Flexsteel Industries (FLXS) has a Gross Margin % of 22.62% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Flexsteel Industries and its competitors. This is 12% above median its historical median of 20.14. Over the past decade, Flexsteel Industries' Gross Margin % has ranged from 13.35 to 23.18. According to the industry distribution chart, Flexsteel Industries ranks #282 out of 419 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 67.3%.
Is Flexsteel Industries' Gross Margin % too high?
Flexsteel Industries' current Gross Margin % of 22.62% is 12% above median its 10-year median of 20.14. Over the past 10 years, this metric has ranged from a low of 13.35 to a high of 23.18. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. Flexsteel Industries' value of 22.62% is 22.3% below this industry median. Based on the distribution chart, Flexsteel Industries ranks #282 out of 419 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Flexsteel Industries has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flexsteel Industries' Gross Margin % compare to LOVE and LCUT?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Flexsteel Industries ranks #282 out of 419 companies for Gross Margin %. This places Flexsteel Industries in the lower half of its industry. The industry median Gross Margin % is 29.11. Flexsteel Industries' value of 22.62% is 22.3% below this benchmark. Historically, Flexsteel Industries' own Gross Margin % has ranged from 13.35 to 23.18 over the past decade. While the company's 10-year median is 20.14 vs. the industry median of 29.11, Flexsteel Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 419 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flexsteel Industries's current Gross Margin % of 22.62% is 22.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Flexsteel Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexsteel Industries's current Gross Margin % is 22.62%, which is 12% above median its own 10-year median of 20.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexsteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Flexsteel Industries (FLXS) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.94, compared to a current price of $72.41 — trading 90.9% above its estimated fair value. The current Gross Margin % is 22.62%, which is 12% above median its 10-year median of 20.14 and 22.3% below the Furnishings, Fixtures & Appliances industry median of 29.11. Flexsteel Industries' overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Flexsteel Industries (FLXS), the current Gross Margin % is 22.62% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Flexsteel Industries (FLXS) Overvalued in 2026?
Based on GuruFocus' analysis, Flexsteel Industries stock appears to be overvalued.
The current stock price of $72.41 is trading 90.9% above its estimated GF Value™ of $37.94.
GuruFocus considers Flexsteel Industries to be Significantly Overvalued.
Key valuation signals for FLXS:
Gross Margin %: 22.62% (12% above median its 10-year median of 20.14)
GF Value™: $37.94 vs. price of $72.41 (90.9% above fair value)
Industry Position: 22.3% below the Furnishings, Fixtures & Appliances median (#282 of 419)
No single metric tells the full story. See the FLXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. Its product offerings include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential markets.
65GF Score
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