Forensic Analysis · General / Diversified · as of Jun 28, 2026
FLEXSTEEL INDUSTRIES INC (FLXS)
A forensic read on FLEXSTEEL INDUSTRIES INC built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
6.9
Altman Z-score
Clean
Earnings quality
2
Forensic signals
12.6
P / E (ttm)
17.7%
ROE
$390M
Market cap
1.45%
Dividend yield
FLEXSTEEL INDUSTRIES INC earns a D (Weak — demands caution) forensic quality grade, and its Altman Z-score is 6.9, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
11%Return on invested capital.Return on invested capital is 11% and rising from 2% — around its ~9% cost of capital, so growth is roughly value-neutral — watch the trend.
-63%Dividend — cut.The payout was CUT ~63% in FY2021 (from FY2020). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin4.6%
Debt / Equity0.09x
Free Cash Flow$33.7M
Latest Revenue$441.1M
Return on Equity12.0%
Revenue Growth YoY+6.9%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on FLEXSTEEL INDUSTRIES INC:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about FLXS's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown