FLXS (Flexsteel Industries) Interest Coverage: 22.78 (As of Mar. 2026) — 96% Below Median


FLXS Flexsteel Industries Inc FLXS
65 GF Score
Price $72.91
GF Value $37.94
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Flexsteel Industries Interest Coverage?

Flexsteel Industries FLXS +6.08% 65 Interest Coverage is 22.78 as of Mar. 2026, which is 96% below its 10-year median of 518.67. 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 296 Furnishings, Fixtures & Appliances companies, Flexsteel Industries ranks better than 83.45% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Flexsteel Industries's Operating Income for the three months ended in Mar. 2026 was $8.2 Mil. Flexsteel Industries's Interest Expense for the three months ended in Mar. 2026 was $-0.4 Mil. Flexsteel Industries's interest coverage for the quarter that ended in Mar. 2026 was 22.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Flexsteel Industries's Interest Coverage or its related term are showing as below:

FLXS' s Interest Coverage Range Over the Past 10 Years
Min: 5.78   Med: 518.67   Max: No Debt
Current: 101.05


FLXS's Interest Coverage is ranked better than
83.45% of 296 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 10.955 vs FLXS: 101.05

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Flexsteel Industries  (NAS:FLXS) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Flexsteel Industries Interest Coverage Related Terms


Flexsteel Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Flexsteel Industries's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Flexsteel Industries Interest Coverage Chart

Flexsteel Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,875.30 7.12 5.78 10.84 446.40

Flexsteel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A 22.78

FLXS vs LOVE, LCUT, HBB: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Flexsteel Industries's Interest Coverage falls into.


FLXS
65GF Score
Flexsteel Industries Inc FLXS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flexsteel Industries Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Flexsteel Industries's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Flexsteel Industries's Interest Expense was $-0.1 Mil. Its Operating Income was $31.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $51.6 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*31.248/-0.07
=446.40

Flexsteel Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Flexsteel Industries's Interest Expense was $-0.4 Mil. Its Operating Income was $8.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $45.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*8.222/-0.361
=22.78

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 22.78 mean?
Flexsteel Industries (FLXS) has a Interest Coverage of 22.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Flexsteel Industries and its competitors. This is 96% below median its historical median of 518.67. Over the past decade, Flexsteel Industries' Interest Coverage has ranged from 5.78 to 10,000.00. According to the industry distribution chart, Flexsteel Industries ranks #49 out of 296 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 16.6%.
Is Flexsteel Industries' Interest Coverage too high?
Flexsteel Industries' current Interest Coverage of 22.78 is 96% below median its 10-year median of 518.67. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 10,000.00. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 10.96. Flexsteel Industries' value of 22.78 is 107.9% above this industry median. Based on the distribution chart, Flexsteel Industries ranks #49 out of 296 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. 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' Interest Coverage compare to LOVE and LCUT?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Flexsteel Industries ranks #49 out of 296 companies for Interest Coverage. This places Flexsteel Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.96. Flexsteel Industries' value of 22.78 is 107.9% above this benchmark. Historically, Flexsteel Industries' own Interest Coverage has ranged from 5.78 to 10,000.00 over the past decade. While the company's 10-year median is 518.67 vs. the industry median of 10.96, Flexsteel Industries has consistently been above 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 Interest Coverage for a Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 10.96, based on 296 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flexsteel Industries's current Interest Coverage of 22.78 is 107.9% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Flexsteel Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexsteel Industries's current Interest Coverage is 22.78, which is 96% below median its own 10-year median of 518.67. 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 $72.91 — trading 92.2% above its estimated fair value. The current Interest Coverage is 22.78, which is 96% below median its 10-year median of 518.67 and 107.9% above the Furnishings, Fixtures & Appliances industry median of 10.96. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Flexsteel Industries (FLXS), the current Interest Coverage is 22.78 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 $72.91 is trading 92.2% above its estimated GF Value™ of $37.94. GuruFocus considers Flexsteel Industries to be Significantly Overvalued.

Key valuation signals for FLXS:

  • Interest Coverage: 22.78 (96% below median its 10-year median of 518.67)
  • GF Value™: $37.94 vs. price of $72.91 (92.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 107.9% above the Furnishings, Fixtures & Appliances median (#49 of 296)

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 Business Description

Other Exchanges FX3:Germany
Address 385 Bell Street, Dubuque, IA, USA, 52001-0877
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

Get the complete analysis for FLXS

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$72.91
Price
$37.94
GF Value