Flexsteel IndustriesFLXS +6.08%64 Quick Ratio is 2.06 as of Mar. 2026, which is 36% above its 10-year median of 1.51. GuruFocus rates FLXS with a GF Score™ of 64/100 and a GF Value™ of $37.94 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 437 Furnishings, Fixtures & Appliances companies, Flexsteel Industries ranks better than 75.06% on this metric.
Flexsteel Industries has a quick ratio of 2.06. It generally indicates good short-term financial strength.
The historical rank and industry rank for Flexsteel Industries's Quick Ratio or its related term are showing as below:
FLXS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.51 Max: 2.75
Current: 2.06
During the past 13 years, Flexsteel Industries's highest Quick Ratio was 2.75. The lowest was 0.68. And the median was 1.51.
FLXS's Quick Ratio is ranked better than 75.06% of 437
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.27
vs FLXS: 2.06
Flexsteel Industries (NAS:FLXS) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Flexsteel Industries Quick Ratio Related Terms
Flexsteel Industries Quick Ratio Historical Data
* Premium members only.
The historical data trend for Flexsteel Industries's Quick Ratio 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.
For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Flexsteel Industries's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Flexsteel Industries's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Flexsteel Industries (FLXS) has a Quick Ratio of 2.06 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Flexsteel Industries and its competitors. This is 36% above median its historical median of 1.51. Over the past decade, Flexsteel Industries' Quick Ratio has ranged from 0.68 to 2.75. According to the industry distribution chart, Flexsteel Industries ranks #109 out of 437 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 24.9%.
Is Flexsteel Industries' Quick Ratio too high?
Flexsteel Industries' current Quick Ratio of 2.06 is 36% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.75. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Flexsteel Industries' value of 2.06 is 62.2% above this industry median. Based on the distribution chart, Flexsteel Industries ranks #109 out of 437 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 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flexsteel Industries' Quick Ratio compare to LOVE and LCUT?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Flexsteel Industries ranks #109 out of 437 companies for Quick Ratio. This places Flexsteel Industries in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.27. Flexsteel Industries' value of 2.06 is 62.2% above this benchmark. Historically, Flexsteel Industries' own Quick Ratio has ranged from 0.68 to 2.75 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.27, 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 Quick Ratio for a Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flexsteel Industries's current Quick Ratio of 2.06 is 62.2% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Flexsteel Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexsteel Industries's current Quick Ratio is 2.06, which is 36% above median its own 10-year median of 1.51. 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 Quick Ratio is 2.06, which is 36% above median its 10-year median of 1.51 and 62.2% above the Furnishings, Fixtures & Appliances industry median of 1.27. Flexsteel Industries' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Flexsteel Industries (FLXS), the current Quick Ratio is 2.06 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:
Quick Ratio: 2.06 (36% above median its 10-year median of 1.51)
GF Value™: $37.94 vs. price of $72.41 (90.9% above fair value)
Industry Position: 62.2% above the Furnishings, Fixtures & Appliances median (#109 of 437)
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.
64GF Score
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