ETHAN ALLEN INTERIORS INC ETD
Ethan Allen is a leading interior design company, manufacturer and retailer in the home furnishings marketplace. We are a global luxury home fashion brand that is vertically integrated from product design through home delivery, which offers our customers stylish product offerings, artisanal quality, and personalized service. We are known for the quality and craftsmanship of our products as well as for the exceptional personal service from design to delivery, and for our commitment to social responsibility and sustainable operations. Our strong network of entrepreneurial leaders and interior designers provide complimentary interior design service to our clients and sell a full range of home furnishing products through a retail network of design centers located throughout the United States ("U.S.") and abroad as well as online at ethanallen.com.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $579.5M | $614.6M | $646.2M | $791.4M | $817.8M | $685.2M | $589.8M | $746.7M | $766.8M | $763.4M |
| Cost of revenue | $224.7M | $242.5M | $253.2M | $311.0M | $333.1M | $292.1M | $266.7M | $337.2M | $350.8M | $343.7M |
| Gross profit | $354.8M | $372.1M | $393.1M | $480.4M | $484.7M | $393.1M | $323.1M | $409.5M | $416.0M | $419.7M |
| SG&A | $308.6M | $309.8M | $315.1M | $346.9M | $350.9M | $313.4M | $311.5M | $356.9M | $367.1M | $361.8M |
| Operating income | $45.0M | $62.0M | $78.0M | $137.2M | $138.2M | $77.3M | $14.6M | $33.9M | $48.9M | $58.0M |
| Interest expense | — | — | $7.4M | $4.4M | $200.0K | $500.0K | $700.0K | — | — | — |
| Pre-tax income | $53.2M | $69.0M | $85.4M | $141.0M | $138.1M | $76.4M | $14.2M | $33.9M | $49.1M | $57.0M |
| Income tax | $13.3M | $17.4M | $21.6M | $35.2M | $34.8M | $16.4M | $5.3M | $8.2M | $12.7M | $20.8M |
| Net income | $39.9M | $51.6M | $63.8M | $105.8M | $103.3M | $60.0M | $8.9M | $25.7M | $36.4M | $36.2M |
| EPS, basic | 1.56 | 2.02 | 2.50 | 4.15 | 4.06 | 2.38 | 0.34 | 0.96 | 1.33 | 1.31 |
| EPS, diluted | 1.56 | 2.01 | 2.49 | 4.13 | 4.05 | 2.37 | 0.34 | 0.96 | 1.32 | 1.29 |
| Shares, diluted (wtd. avg.) | $25.6M | $25.6M | $25.6M | $25.6M | $25.5M | $25.4M | $26.1M | $26.8M | $27.6M | $28.0M |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $73.6M | $76.2M | $69.7M | $62.1M | $109.9M | $104.6M | $72.3M | $20.8M | $22.4M | $57.7M |
| Short-term investments | $59.6M | $60.0M | $91.3M | $110.6M | — | $0 | — | — | — | — |
| Receivables | $4.4M | $6.1M | $6.8M | $11.6M | $17.0M | $9.0M | $8.1M | $14.2M | $12.4M | $12.3M |
| Inventory | $148.5M | $140.9M | $142.0M | $149.2M | $176.5M | $144.0M | $126.1M | $162.4M | $163.0M | $149.5M |
| Total current assets | $305.5M | $309.9M | $332.7M | $359.5M | $346.7M | $295.3M | $230.0M | $216.3M | $214.4M | $243.1M |
| Property, plant and equipment | — | — | $215.3M | $222.2M | $223.5M | $231.4M | $236.7M | $245.2M | $267.9M | $270.2M |
| Goodwill | $25.4M | $25.4M | $25.4M | $25.4M | $25.4M | $25.4M | $25.4M | $25.4M | $25.4M | $25.4M |
| Other intangibles | $19.7M | $19.7M | $19.7M | $19.7M | $19.7M | $19.7M | $19.7M | $19.7M | $19.7M | — |
| Total assets | $719.7M | $737.1M | $744.9M | $745.5M | $719.9M | $683.2M | $622.8M | $510.4M | $530.4M | $568.2M |
| Accounts payable | $30.1M | $22.1M | $27.4M | $28.6M | $37.4M | $37.8M | $25.6M | $34.2M | $33.3M | $17.0M |
| Short-term debt | — | — | — | — | — | — | — | $550.0K | $584.0K | — |
| Total current liabilities | $148.4M | $152.9M | $153.7M | $163.1M | $215.6M | $223.9M | $139.0M | $122.8M | $121.3M | $126.4M |
| Total liabilities | $248.2M | $254.8M | $262.0M | $274.4M | $312.6M | $331.8M | $294.7M | $146.4M | $146.6M | $167.3M |
| Retained earnings | $778.5M | $784.9M | $783.4M | $769.8M | $710.4M | $655.3M | $638.6M | $647.7M | $669.0M | $662.0M |
| Total equity | $471.5M | $482.4M | $482.9M | $471.0M | $407.3M | $351.4M | $328.1M | $363.9M | $383.9M | $400.9M |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $52.5M | $61.7M | $80.2M | $100.7M | $69.4M | $129.9M | $52.7M | $55.2M | $42.5M | $78.6M |
| Depreciation and amortisation | $15.2M | $15.5M | $16.0M | $15.6M | $16.0M | $16.4M | $16.9M | $19.5M | $19.8M | $20.1M |
| Stock-based compensation | $1.2M | $1.5M | $1.4M | $1.3M | $1.1M | $1.3M | $334.0K | $121.0K | $954.0K | $1.3M |
| Capital expenditure | $11.0M | $11.3M | $9.6M | $13.9M | $13.4M | $12.0M | $15.7M | $9.1M | $12.5M | $17.6M |
| Investing cash flow | -$2.8M | -$2.4M | -$20.0M | -$101.5M | -$14.0M | -$7.1M | -$4.6M | -$9.5M | -$18.2M | -$16.9M |
| Financing cash flow | -$53.3M | -$52.6M | -$52.3M | -$47.6M | -$49.0M | -$91.0M | $3.7M | -$47.3M | -$66.9M | -$57.3M |
| Dividends paid | $46.3M | $50.1M | $50.3M | $46.4M | $48.3M | $43.3M | $21.5M | $47.0M | $29.5M | $20.0M |
| Buybacks | $4.8M | $0 | $0 | — | $0 | $0 | $24.3M | $46.0K | $23.1M | $10.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-029578.
Others in SIC 2511
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MBC | MasterBrand, Inc. | $1.73B | 40.5x | 1.3% |
| BSET | BASSETT FURNITURE INDUSTRIES INC | $165.9M | 27.4x | 1.6% |