Flexsteel Industries Debt-to-Equity Ratio Growth & History (FLXS)
Flexsteel Industries's debt-to-equity ratio was 0.39 for fiscal 2026.
View full Flexsteel Industries company overviewFlexsteel Industries annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | 0.39 | 0.04 | +9.91% |
| 2025 | 2025-06-30 | 0.35 | −0.08 | −18.92% |
| 2024 | 2024-06-30 | 0.44 | −0.07 | −14.38% |
| 2023 | 2023-06-30 | 0.51 | −0.04 | −7.10% |
| 2022 | 2022-06-30 | 0.55 | 0.37 | +205.54% |
| 2021 | 2021-06-30 | 0.18 | 0.11 | +162.20% |
| 2020 | 2020-06-30 | 0.07 | — | — |
Flexsteel Industries quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | 0.39 | 0.04 | +9.91% |
| Q3 2026 | 2026-03-31 | 0.29 | −0.10 | −24.79% |
| Q2 2026 | 2025-12-31 | 0.31 | −0.09 | −23.14% |
| Q1 2026 | 2025-09-30 | 0.34 | −0.08 | −18.40% |
| Q4 2025 | 2025-06-30 | 0.35 | −0.08 | −18.92% |
| Q3 2025 | 2025-03-31 | 0.39 | −0.08 | −16.78% |
| Q2 2025 | 2024-12-31 | 0.41 | −0.08 | −15.92% |
| Q1 2025 | 2024-09-30 | 0.41 | −0.09 | −17.38% |
| Q4 2024 | 2024-06-30 | 0.44 | −0.07 | −14.38% |
| Q3 2024 | 2024-03-31 | 0.46 | −0.07 | −12.68% |
| Q2 2024 | 2023-12-31 | 0.48 | −0.07 | −11.95% |
| Q1 2024 | 2023-09-30 | 0.50 | −0.07 | −12.03% |
| Q4 2023 | 2023-06-30 | 0.51 | −0.04 | −7.10% |
| Q3 2023 | 2023-03-31 | 0.53 | 0.23 | +76.28% |
| Q2 2023 | 2022-12-31 | 0.55 | 0.27 | +93.87% |
| Q1 2023 | 2022-09-30 | 0.57 | 0.14 | +32.94% |
| Q4 2022 | 2022-06-30 | 0.55 | 0.37 | +205.54% |
| Q3 2022 | 2022-03-31 | 0.30 | 0.11 | +54.56% |
| Q2 2022 | 2021-12-31 | 0.28 | 0.21 | +292.30% |
| Q1 2022 | 2021-09-30 | 0.43 | 0.35 | +431.63% |
| Q4 2021 | 2021-06-30 | 0.18 | 0.11 | +162.20% |
| Q3 2021 | 2021-03-31 | 0.20 | 0.06 | +40.31% |
| Q2 2021 | 2020-12-31 | 0.07 | 0.00 | +6.77% |
| Q1 2021 | 2020-09-30 | 0.08 | 0.02 | +44.93% |
| Q4 2020 | 2020-06-30 | 0.07 | — | — |
| Q3 2020 | 2020-03-31 | 0.14 | — | — |
| Q2 2020 | 2019-12-31 | 0.07 | — | — |
| Q1 2020 | 2019-09-30 | 0.06 | — | — |
Flexsteel Industries debt-to-equity ratio trends
Over the last five fiscal years, Flexsteel Industries's debt-to-equity ratio increased from 0.18 to 0.39, a change of 0.21. The latest reported quarter, Q4 2026, shows 0.39.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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