Floor & Decor Holdings, Inc.
Business
Floor & Decor Holdings, Inc. is a multi-channel specialty retailer of hard surface flooring and related accessories and seller of commercial surfaces. The company operates 270 warehouse-format stores averaging 76,000 square feet and five small-format design studios across 39 states, offering laminate, vinyl, tile, wood, natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Primary customer segments include professional installers and commercial businesses, do-it-yourself homeowners, and buy-it-yourself customers. The company distributes through its physical store network, website (FloorandDecor.com) with in-store pickup and delivery options, and serves both residential and commercial markets.
Summary from 10-K filed 2026-02-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 4,684 | 4,456 | 4,414 | 4,264 | 3,434 | |
| Cost of sales | 2,640 | 2,528 | 2,556 | 2,537 | 2,011 | |
| Gross profit | 2,044 | 1,928 | 1,858 | 1,728 | 1,422 | |
| Selling, general and administrative expenses | 1,774 | 1,672 | 1,537 | — | — | |
| Operating income | 270 | 256 | 321 | 397 | 339 | |
| Interest expense, net | 3 | 3 | 10 | 11 | — | |
| Income before income taxes | 267 | 253 | 312 | 386 | 334 | |
| Income tax expense | 58 | 48 | 66 | 87 | 51 | |
| Net income | 209 | 206 | 246 | 298 | 283 | |
| Change in fair value of hedge instruments, net of tax | 62,000 | −1 | −3 | 4 | 371,000 | |
| Total comprehensive income | 209 | 204 | 243 | 302 | 284 | |
| Basic earnings per share (in dollars per share) | 1.94 | 1.92 | 2.31 | 2.82 | 2.71 | |
| Diluted earnings per share (in dollars per share) | 1.92 | 1.9 | 2.28 | 2.78 | 2.64 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 249 | 188 | 34 | 10 | 139 | |
| Income taxes receivable | 7 | 22 | 28 | 7 | 4 | |
| Receivables, net | 94 | 101 | 100 | 95 | 81 | |
| Inventories, net | 1,133 | 1,133 | 1,106 | 1,292 | 1,008 | |
| Prepaid expenses and other current assets | 44 | 49 | 49 | 53 | 41 | |
| Total current assets | 1,528 | 1,492 | 1,317 | 1,457 | 1,273 | |
| Fixed assets, net | 1,856 | 1,787 | 1,630 | 1,258 | 929 | |
| Right-of-use assets | 1,618 | 1,331 | 1,283 | 1,206 | 1,104 | |
| Intangible assets, net | 147 | 150 | 154 | 152 | 152 | |
| Goodwill | 258 | 258 | 258 | 255 | 255 | |
| Deferred income tax assets, net | 19 | 17 | 14 | 11 | 10 | |
| Other assets | 44 | 15 | 7 | 11 | 7 | |
| Total long-term assets | 3,941 | 3,558 | 3,346 | 2,894 | 2,457 | |
| Total assets | 5,469 | 5,050 | 4,663 | 4,351 | 3,731 | |
| Current portion of term loan | 3 | 2 | 2 | 2 | 2 | |
| Current portion of lease liabilities | 156 | 139 | 126 | 106 | 105 | |
| Trade accounts payable | 684 | 795 | 679 | 591 | 662 | |
| Accrued expenses and other current liabilities | 299 | 295 | 333 | 298 | 249 | |
| Deferred revenue | 11 | 13 | 11 | 10 | 15 | |
| Total current liabilities | 1,151 | 1,244 | 1,152 | 1,007 | 1,032 | |
| Term loan | 194 | 195 | 195 | 195 | 196 | |
| Lease liabilities | 1,640 | 1,351 | 1,302 | 1,228 | 1,121 | |
| Deferred income tax liabilities, net | 49 | 68 | 67 | 42 | 41 | |
| Other liabilities | 26 | 22 | 16 | 13 | 18 | |
| Total long-term liabilities | 1,909 | 1,636 | 1,580 | 1,687 | 1,375 | |
| Total liabilities | 3,061 | 2,880 | 2,732 | 2,694 | 2,407 | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at December 25, 2025 and December 26, 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock Class A, $0.001 par value; 450,000,000 shares authorized; 107,774,329 shares issued and outstanding at December 25, 2025 and 107,356,999 issued and outstanding at December 26, 2024 | 108,000 | 107,000 | 107,000 | — | — | |
| Additional paid-in capital | 578 | 548 | 513 | 482 | 450 | |
| Accumulated other comprehensive income (loss), net | 22,000 | −40,000 | 1 | 4 | 535,000 | |
| Retained earnings | 1,831 | 1,622 | 1,416 | 1,170 | 872 | |
| Total stockholders equity | 2,409 | 2,170 | 1,931 | 1,657 | 1,323 | |
| Total liabilities and stockholders equity | 5,469 | 5,050 | 4,663 | 4,351 | 3,731 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 241 | 232 | 202 | 155 | 118 | |
| Stock-based compensation expense | 30 | 34 | 27 | 22 | 21 | |
| Deferred income taxes | −21 | −2 | 24 | 3 | 3 | |
| Loss on asset impairments and disposals, net | 524,000 | 2 | 925,000 | 20,000 | 438,000 | |
| Change in fair value of contingent earn-out liabilities | −375,000 | −866,000 | 3 | 3 | 0 | |
| Receivables, net | 7 | −2 | 1 | −12 | −20 | |
| Inventories, net | −484,000 | −26 | 195 | −283 | −350 | |
| Trade accounts payable | −115 | 122 | 97 | −85 | 233 | |
| Accrued expenses and other current liabilities | 26 | 31 | 8 | 39 | 37 | |
| Income taxes | 14 | 6 | −18 | −9 | −16 | |
| Deferred revenue | −2 | 2 | 1 | −4 | 3 | |
| Other, net | −7 | −1 | 18 | −13 | −12 | |
| Net cash provided by operating activities | 382 | 603 | 804 | 112 | 301 | |
| Purchases of fixed assets | −318 | −447 | −548 | −457 | −408 | |
| Acquisition, net of cash acquired | 0 | 0 | −17 | −4 | −64 | |
| Net cash used in investing activities | −318 | −447 | −565 | −456 | −471 | |
| Payments on term loan | −2 | −2 | −2 | −2 | −76 | |
| Borrowings on revolving line of credit | 0 | 259 | 519 | 1,047 | 13 | |
| Payments on revolving line of credit | 0 | −259 | −729 | −837 | −16 | |
| Payments of contingent earn-out liabilities | −806,000 | −2 | −5 | −3 | 0 | |
| Proceeds from exercise of stock options | 3 | 10 | 11 | 8 | 15 | |
| Proceeds from employee stock purchase plan | 6 | 5 | 5 | 4 | 3 | |
| Tax payments for stock-based compensation awards | −9 | −15 | −13 | −2 | −1 | |
| Net cash used in financing activities | −2 | −3 | −214 | 214 | 2 | |
| Net increase in cash and cash equivalents | 62 | 153 | 25 | −130 | −168 | |
| Buildings and equipment acquired under operating leases | 440 | 187 | 201 | 226 | 286 | |
| Cash paid for interest, net of capitalized interest | 9 | 6 | 10 | 7 | 6 | |
| Cash paid for income taxes, net of refunds | 64 | 43 | 61 | 93 | 64 | |
| Fixed assets accrued at the end of the period | 48 | 65 | 136 | 117 | 88 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Floor & Decor Holdings, Inc.'s CIK number?
Floor & Decor Holdings, Inc.'s SEC CIK number is 0001507079 (1507079). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Floor & Decor Holdings, Inc.'s SEC filings?
All of Floor & Decor Holdings, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Floor & Decor Holdings, Inc. last report earnings?
Floor & Decor Holdings, Inc. (FND) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028899). This is Floor & Decor Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Floor & Decor Holdings, Inc.'s most recent earnings 8-K?
Floor & Decor Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001628280-26-028899. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Floor & Decor Holdings, Inc.'s latest earnings 8-K →
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