Floor & Decor Holdings Inc. (FND) Financial Statements (2025 and earlier)
Company Profile
Business Address |
2500 WINDY RIDGE PARKWAY, SE ATLANTA, GA 30339 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 5211 - Lumber and Other Building Materials Dealers (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Receivables | 28 | 7 | 4 | 3 | 72 | ||||
Inventory, net of allowances, customer advances and progress billings | 1,106 | 1,292 | 1,008 | 654 | 582 | 471 | |||
Inventory | 1,106 | 1,292 | 1,008 | 654 | 582 | 471 | |||
Other undisclosed current assets | 183 | 158 | 262 | 386 | 117 | 17 | |||
Total current assets: | 1,317 | 1,457 | 1,273 | 1,040 | 701 | 559 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 1,283 | 1,206 | 1,104 | 916 | 822 | ✕ | |||
Property, plant and equipment | 1,630 | 1,258 | 929 | 579 | 456 | 328 | |||
Intangible assets, net (including goodwill) | 412 | 408 | 407 | 337 | 337 | 337 | |||
Goodwill | 258 | 255 | 255 | 227 | 227 | 227 | |||
Intangible assets, net (excluding goodwill) | 154 | 152 | 152 | 109 | 109 | 109 | |||
Deferred income tax assets | 14 | 11 | 10 | ✕ | |||||
Other noncurrent assets | 7 | 11 | 7 | 8 | 8 | 9 | |||
Total noncurrent assets: | 3,346 | 2,894 | 2,457 | 1,840 | 1,623 | 675 | |||
TOTAL ASSETS: | 4,663 | 4,351 | 3,731 | 2,880 | 2,324 | 1,234 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 1,012 | 889 | 911 | 593 | 471 | 396 | |||
Taxes payable | ✕ | ✕ | ✕ | 12 | |||||
Accounts payable | 679 | 591 | 662 | 418 | 368 | 314 | |||
Accrued liabilities | 333 | 298 | 249 | 162 | 103 | 82 | |||
Deferred revenue | 11 | 10 | 14 | 10 | 7 | ✕ | |||
Debt | 2 | 2 | 2 | 2 | 75 | 4 | |||
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 5 | ||
Other undisclosed current liabilities | 126 | 106 | 105 | 95 | |||||
Total current liabilities: | 1,152 | 1,007 | 1,032 | 699 | 553 | 404 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 195 | 406 | 1,317 | 1,148 | 987 | 142 | |||
Long-term debt, excluding current maturities | 195 | 406 | 196 | 207 | 143 | 142 | |||
Liabilities, other than long-term debt | 1,385 | 1,282 | 59 | 36 | 21 | 66 | |||
Deferred rent credit | 37 | ||||||||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 27 | ||
Deferred income tax liabilities | 67 | 42 | 41 | 28 | 18 | ✕ | |||
Other liabilities | 16 | 13 | 18 | 8 | 2 | 3 | |||
Operating lease, liability | 1,302 | 1,228 | 1,121 | 941 | 844 | ✕ | |||
Other undisclosed noncurrent liabilities | 37 | ||||||||
Total noncurrent liabilities: | 1,580 | 1,687 | 1,375 | 1,184 | 1,007 | 245 | |||
Total liabilities: | 2,732 | 2,694 | 2,407 | 1,883 | 1,560 | 650 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 1,931 | 1,657 | 1,323 | 997 | 764 | 584 | |||
Additional paid in capital | 513 | 482 | 450 | 408 | 370 | 340 | |||
Accumulated other comprehensive income (loss) | 1 | 4 | 1 | 0 | (0) | 0 | |||
Retained earnings | 1,416 | 1,170 | 872 | 589 | 394 | 244 | |||
Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | 0 | |||
Total equity: | 1,931 | 1,657 | 1,323 | 997 | 764 | 584 | |||
TOTAL LIABILITIES AND EQUITY: | 4,663 | 4,351 | 3,731 | 2,880 | 2,324 | 1,234 |
Income Statement (P&L) ($ in millions)
9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
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Revenues | 4,414 | 4,264 | 3,434 | 2,426 | 2,045 | 1,710 | ||
Cost of revenue (Cost of Goods and Services Sold) | (2,556) | (2,537) | (2,011) | (1,391) | (1,182) | (1,008) | ||
Gross profit: | 1,858 | 1,728 | 1,422 | 1,035 | 863 | 702 | ||
Operating expenses | (1,537) | (1,331) | (1,083) | (820) | (704) | (571) | ||
Operating income: | 321 | 397 | 339 | 215 | 159 | 131 | ||
Interest and debt expense | (10) | (11) | (5) | (7) | (9) | (9) | ||
Income from continuing operations before equity method investments, income taxes: | 312 | 386 | 334 | 207 | 150 | 122 | ||
Other undisclosed loss from continuing operations before income taxes | ||||||||
Income from continuing operations before income taxes: | 312 | 386 | 334 | 207 | 150 | 122 | ||
Income tax expense (benefit) | (66) | (87) | (51) | (12) | 0 | (6) | ||
Income from continuing operations: | 246 | 298 | 283 | 195 | 151 | 116 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 283 | 195 | 151 | 116 | |
Net income available to common stockholders, diluted: | 246 | 298 | 283 | 195 | 151 | 116 |
Comprehensive Income ($ in millions)
9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
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Net income: | 246 | 298 | 283 | 195 | 151 | 116 | ||
Comprehensive income: | 246 | 298 | 283 | 195 | 151 | 116 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3) | 4 | 0 | 0 | (0) | 0 | ||
Comprehensive income, net of tax, attributable to parent: | 243 | 302 | 284 | 195 | 150 | 117 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.