Specialty retailer of hard-surface flooring (tile, wood, laminate) selling to homeowners and contractors via warehouse-format stores.
Specialty retailer of hard-surface flooring (tile, wood, laminate) selling to homeowners and contractors via warehouse-format stores.
Sells flooring from large warehouse-style stores stocked with a very wide range, buying direct from overseas and domestic factories to cut out middlemen. A new store takes years to reach maturity, so growth comes mainly from opening more stores each year alongside sales at existing ones. Imports expose it to trade tariffs.
Moat: narrow (scale, distribution). Warehouse-format in-stock breadth and direct sourcing scale versus smaller flooring retailers.
Headquarters: Smyrna, Georgia, US · Founded: 2000 · Employees: 13,723
Size Floor & Decor (FND) is a United States Consumer Discretionary company (Home Improvement Chains) with a market value of $5.34B, the 1138th largest of 3,117 United States companies the cockpit tracks. Shares closed at $51.25 on 6 Nov 2026.
Performance Over six months the shares fell 0.9%, against +13.7% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 16 in its peer set.
Growth Revenue grew 1.8% over the last twelve months (peer median +4.7%); the operating margin is 6.5% (peer median 6.0%).
Valuation It trades at 27.3× forward earnings against a peer median of 13.7× (2nd most expensive of 14).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.8 points below its cost of capital (10.7% WACC).
Short interest Short interest is 13.0% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $4.75B | $4.68B | $4.46B | $4.41B | $4.26B |
| Revenue growth | — | +5% | +1% | +4% | — |
| Gross profit | $1.89B | $1.81B | $1.70B | $1.66B | $1.57B |
| EBITDA | $550M | $507M | $529M | $567M | $590M |
| Net income | $240M | $209M | $206M | $246M | $298M |
| Free cash flow | $343M | $64.1M | $156M | $256M | -$344M |
| Capital expenditure | $267M | $318M | $447M | $548M | $457M |
| Total debt | $1.99B | $1.99B | $1.69B | $1.63B | $1.74B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Floor & Decor FND | $5.34B | -1% | +2% | 6% | 27.3× | 17.7% |
| Home Depot (The) HD | $343B | +9% | +2% | 12% | 22.4× | 9.0% |
| Lowe's LOW | $126B | -2% | +8% | 11% | 18.0× | 2.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FND | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.2% | +7.0% | 8th highest of 16 |
| 6-month return | -0.9% | +13.7% | 3rd lowest of 16 |
| Distance from 52-week high | -33.8% | -7.4% | lowest of 16 |
| Revenue growth (TTM) | +1.8% | +4.7% | 3rd lowest of 16 |
| Operating margin | 6.5% | 6.0% | 6th highest of 16 |
| Forward P/E | 27.3× | 13.7× | 2nd most expensive of 14 |
| Growth the price implies (Req g, 7 yrs) | 17.7% | 1.6% | 2nd most demanding of 15 |
| Growth delivered (Del g) | +14.1% | +3.3% | 2nd highest of 15 |
| Hurdle (Req g minus delivered) | +3.7 pp | -0.5 pp | 4th most demanding of 15 |
| ROIC minus cost of capital | -4.8 pp | +0.2 pp | 2nd lowest of 16 |
| EV / EBITDA | 12.6× | 8.3× | 5th most expensive of 15 |
| Net debt / EBITDA | 2.9× | 1.8× | 5th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Floor & Decor FND | United States | $5.34B | -1% | +2% | 6% | 27.3× | 17.7% | +14.1% |
| Clas Ohlson CLAS-B.ST | Sweden | $3.49B | +33% | +10% | 13% | 23.7× | 6.8% | +8.6% |
| Kingfisher KGF.L | United Kingdom | $8.17B | +34% | +1% | 5% | 13.9× | 5.7% | +1.0% |
| HORNBACH Holding AG & Co. KGaA HBH.DE | Germany | $1.66B | +18% | +5% | 4% | 10.2× | -3.6% | +3.4% |
| DCM 3050.T | Japan | $1.40B | +10% | +5% | 6% | 12.5× | -1.7% | +2.9% |
| Komeri 8218.T | Japan | $1.21B | +17% | +3% | 6% | 11.8× | -6.8% | 0.0% |
| Sangetsu 8130.T | Japan | $1.15B | +4% | +4% | 10% | 13.7× | -10.8% | +7.3% |
| Kohnan Shoji 7516.T | Japan | $925M | +15% | +6% | 5% | 10.1× | 0.4% | +3.3% |
| Joyful Honda 3191.T | Japan | $859M | +10% | +5% | 6% | n/a | 1.1% | +0.3% |
| Arclands 9842.T | Japan | $748M | +6% | +8% | 4% | 9.4× | 2.2% | +14.2% |
| Wesfarmers WES.AX | Australia | $64.0B | +14% | +3% | 9% | 30.5× | 20.6% | +6.9% |
| Byggmax BMAX.ST | Sweden | $393M | +42% | +2% | 6% | 13.7× | -0.4% | -2.0% |
| Victorian Plumbing VIC.L | United Kingdom | $386M | +15% | +7% | 6% | 16.9× | 11.0% | +8.2% |
| NAFCO 2790.T | Japan | $346M | -12% | -3% | 1% | n/a | n/a | n/a |
| Lowe's LOW | United States | $126B | -2% | +8% | 11% | 18.0× | 2.7% | -0.8% |
| Home Depot (The) HD | United States | $343B | +9% | +2% | 12% | 22.4× | 9.0% | +4.5% |