GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Steelcase Inc (NYSE:SCS) » Definitions » Profitability Rank

Steelcase (Steelcase) Profitability Rank : 7 (As of Feb. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Steelcase Profitability Rank?

Steelcase has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Steelcase's Operating Margin % for the quarter that ended in Feb. 2024 was 3.61%. As of today, Steelcase's Piotroski F-Score is 8.


Competitive Comparison of Steelcase's Profitability Rank

For the Business Equipment & Supplies subindustry, Steelcase's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Steelcase's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Steelcase's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Steelcase's Profitability Rank falls into.



Steelcase Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Steelcase has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Steelcase's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=28 / 775.2
=3.61 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Steelcase has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Steelcase Inc operating margin has been in a 5-year decline. The average rate of decline per year is -14.8%.

4. Consistency of the profitability

5. Predictability Rank


Steelcase Profitability Rank Related Terms

Thank you for viewing the detailed overview of Steelcase's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Steelcase (Steelcase) Business Description

Traded in Other Exchanges
Address
901 44th Street SE, Grand Rapids, MI, USA, 49508
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.
Executives
Nicole Cherie Mcgrath officer: VP, Corp Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Robert G Krestakos officer: VP, Global Operations 901 44TH STREET SE, GRAND RAPIDS MI 49508
David C Sylvester officer: Senior Vice President, CFO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Lizbeth S O'shaughnessy officer: Senior VP, CLO and Secretary 901 44TH STREET SE, GRAND RAPIDS MI 49508
Wege Peter M Ii director 901 44TH ST SE, GRAND RAPIDS MI 49508
Sanjay Gupta director 2775 SANDERS ROAD, NORTHBROOK IL 60062
Sara E Armbruster officer: VP, WS Futures & Corp Strategy 901 44TH STREET SE, GRAND RAPIDS MI 49508
Jennifer C Niemann director 901 44TH STREET SE, GRAND RAPIDS MI 49508
Steven Douglas Miller officer: VP, Chief Technology Officer 901 44TH STREET SE, GRAND RAPIDS MI 49508
Guillaume M Alvarez officer: Senior VP, EMEA 901 44TH STREET SE, GRAND RAPIDS MI 49508
Kate P Wolters director 901 44TH ST, GRAND RAPIDS MI 49508
Robin L Zondervan officer: Corporate Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Eddy F Schmitt officer: Senior VP, Americas 901 44TH STREET SE, GRAND RAPIDS MI 49508
Linda K Williams director 901 44TH STREET SE, GRAND RAPIDS MI 49508
Donna K Flynn officer: VP, Global Talent Management 901 44TH STREET SE, GRAND RAPIDS MI 49508

Steelcase (Steelcase) Headlines

From GuruFocus

Steelcase to Webcast Third Quarter Conference Call

By Value_Insider Value_Insider 11-30-2022

What's Driving Steelcase Inc's Surprising 55% Stock Rally?

By GuruFocus Research 09-20-2023

Steelcase Named a Best Employer for New Graduates by Forbes

By PurpleRose PurpleRose 07-15-2022

Vanguard Group Inc Adds Shares in Steelcase Inc

By GuruFocus Research 11-14-2023

Steelcase Inc's Dividend Analysis

By GuruFocus Research 01-02-2024

Penn Capital Management Company, LLC Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 12-09-2022