Culp, Inc. (CULP) 10-Year Financial Performance & Capital Metrics

CULP • • Industrial / General

Consumer CyclicalApparel ManufacturingTextile & Materials ManufacturingTextile & Fabric Producers

AboutCulp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services for customers in the hospitality and commercial industries. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.Show more

Revenue $213M -5.4%
EBITDA -$3M +27.9%
Net Income -$19M -38.2%
EPS (Diluted) -1.53 -37.8%
Gross Margin 12.51% +0.9%
EBITDA Margin -1.49% +23.8%
Operating Margin -4.23% +15.7%
Net Margin -8.96% -46.1%
ROE -28.56% -70.7%
ROIC -9.64% +17.6%
Debt/Equity 0.31 +419.8%
Interest Coverage -39.03 +96.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.8x book value
✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-3.68%

5Y-3.6%

3Y-10.24%

TTM-7.91%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM47.37%

EPS CAGR

10Y-

5Y-

3Y-

TTM104.23%

ROCE

10Y Avg3.08%

5Y Avg-7.44%

3Y Avg-14.39%

Latest-10.59%

Peer Comparison

Textile & Fabric Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AINAlbany International Corp.	1.68B	58.52	20.90	7.2%	-4.66%	-7.19%	8.24%	0.41
JLJ-Long Group Limited	9.57M	5.79	6.98	37.69%	9.11%	30.46%	64.84%	0.16
NCINeo-Concept International Group Holdings Limited	4.09M	1.18	2.95	35.28%	3.42%	29.62%		1.22
CULPCulp, Inc.	48.25M	3.81	-2.49	-5.37%	-4.5%	-16.2%		0.31
UFIUnifi, Inc.	72.16M	3.93	-3.54	-1.87%	-9.92%	-23.37%		0.46

Profit & Loss

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Sales/Revenue+	312.86M	309.54M	323.73M	296.67M	256.17M	299.72M	294.84M	234.93M	225.33M	213.24M
Revenue Growth %	0.01%	-0.01%	0.05%	-0.08%	-0.14%	0.17%	-0.02%	-0.2%	-0.04%	-0.05%
Cost of Goods Sold+	247.75M	240.31M	259.09M	246.47M	215.67M	249.89M	258.75M	224.04M	197.39M	186.57M
COGS % of Revenue	0.79%	0.78%	0.8%	0.83%	0.84%	0.83%	0.88%	0.95%	0.88%	0.87%
Gross Profit+	65.11M	69.23M	64.63M	50.2M	40.5M	49.83M	36.09M	10.9M	27.94M	26.67M
Gross Margin %	0.21%	0.22%	0.2%	0.17%	0.16%	0.17%	0.12%	0.05%	0.12%	0.13%
Gross Profit Growth %	0.17%	0.06%	-0.07%	-0.22%	-0.19%	0.23%	-0.28%	-0.7%	1.56%	-0.05%
Operating Expenses+	36.77M	39.16M	37.17M	38.41M	34.42M	37.76M	35.41M	37.98M	39.25M	45.04M
OpEx % of Revenue	0.12%	0.13%	0.11%	0.13%	0.13%	0.13%	0.12%	0.16%	0.17%	0.21%
Selling, General & Admin	36.77M	39.16M	37.17M	38.41M	34.42M	37.76M	35.41M	37.98M	38.61M	35.7M
SG&A % of Revenue	0.12%	0.13%	0.11%	0.13%	0.13%	0.13%	0.12%	0.16%	0.17%	0.17%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	636K	9.34M
Operating Income+	28.34M	30.08M	27.46M	12.62M	6.07M	10.11M	-308K	-27.08M	-11.31M	-9.02M
Operating Margin %	0.09%	0.1%	0.08%	0.04%	0.02%	0.03%	-0%	-0.12%	-0.05%	-0.04%
Operating Income Growth %	0.24%	0.06%	-0.09%	-0.54%	-0.52%	0.67%	-1.03%	-86.93%	0.58%	0.2%
EBITDA+	35.18M	37.41M	35.48M	21.19M	14.19M	17.42M	7.25M	-19.8M	-4.4M	-3.17M
EBITDA Margin %	0.11%	0.12%	0.11%	0.07%	0.06%	0.06%	0.02%	-0.08%	-0.02%	-0.01%
EBITDA Growth %	0.22%	0.06%	-0.05%	-0.4%	-0.33%	0.23%	-0.58%	-3.73%	0.78%	0.28%
D&A (Non-Cash Add-back)	6.84M	7.33M	8.02M	8.57M	8.12M	7.31M	7.55M	7.28M	6.91M	5.84M
EBIT	28.34M	30.08M	26.98M	12.76M	-7.57M	12.11M	678K	-28.39M	-10.76M	-18.48M
Net Interest Income+	176K	299K	440K	754K	791K	193K	356K	531K	1.16M	684K
Interest Income	176K	299K	534K	789K	897K	244K	373K	531K	1.17M	915K
Interest Expense	0	0	94K	35K	106K	51K	17K	0	11K	231K
Other Income/Expense	-440K	-382K	-578K	-10K	-13.75M	-1.2M	-1M	88K	538K	-9.69M
Pretax Income+	27.9M	29.7M	26.88M	12M	-7.68M	10.88M	-325K	-28.39M	-10.77M	-18.71M
Pretax Margin %	0.09%	0.1%	0.08%	0.04%	-0.03%	0.04%	-0%	-0.12%	-0.05%	-0.09%
Income Tax+	10.96M	7.34M	5.74M	6.42M	3.35M	7.69M	2.89M	3.13M	3.05M	392K
Effective Tax Rate %	0.61%	0.75%	0.78%	0.47%	1.44%	0.3%	9.88%	1.11%	1.28%	1.02%
Net Income+	16.93M	22.33M	20.88M	5.68M	-11.03M	3.22M	-3.21M	-31.52M	-13.82M	-19.1M
Net Margin %	0.05%	0.07%	0.06%	0.02%	-0.04%	0.01%	-0.01%	-0.13%	-0.06%	-0.09%
Net Income Growth %	0.12%	0.32%	-0.07%	-0.73%	-2.94%	1.29%	-2%	-8.82%	0.56%	-0.38%
Net Income (Continuing)	16.93M	22.33M	20.88M	6.18M	-11.16M	3.22M	-3.21M	-31.52M	-13.82M	-19.1M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	4.31M	925K	0	0	0	0	0
EPS (Diluted)+	1.36	1.78	1.65	0.45	-0.89	0.26	-0.26	-2.57	-1.11	-1.53
EPS Growth %	0.12%	0.31%	-0.07%	-0.73%	-2.98%	1.29%	-2%	-8.88%	0.57%	-0.38%
EPS (Basic)	1.38	1.81	1.68	0.46	-0.89	0.26	-0.26	-2.57	-1.11	-1.53
Diluted Shares Outstanding	12.47M	12.52M	12.63M	12.55M	12.38M	12.32M	12.24M	12.28M	12.43M	12.53M
Basic Shares Outstanding	12.3M	12.31M	12.43M	12.46M	12.38M	12.3M	12.24M	12.28M	12.43M	12.53M
Dividend Payout Ratio	0.48%	0.28%	0.33%	0.83%	-	1.64%	-	-	-	-

Balance Sheet

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Total Current Assets+	114.79M	102.19M	132.07M	123.25M	151.69M	143.21M	107.18M	95.52M	80.88M	83.53M
Cash & Short-Term Investments	42.15M	23.24M	49.44M	45.01M	74.98M	45.71M	14.55M	22.37M	10.91M	6.95M
Cash Only	37.79M	20.8M	21.23M	40.01M	69.79M	37.01M	14.55M	20.96M	10.01M	5.63M
Short-Term Investments	4.36M	2.44M	28.21M	5M	5.19M	8.7M	0	1.4M	903K	1.32M
Accounts Receivable	23.64M	24.58M	26.31M	24.15M	26.68M	37.73M	23.08M	25M	21.49M	22.12M
Days Sales Outstanding	27.58	28.98	29.66	29.71	38.01	45.94	28.58	38.84	34.81	37.87
Inventory	46.53M	51.48M	53.45M	50.86M	47.91M	55.92M	66.56M	45.08M	44.84M	49.31M
Days Inventory Outstanding	68.55	78.19	75.3	75.32	81.08	81.68	93.89	73.44	82.92	96.47
Other Current Assets	2.48M	2.89M	2.87M	7.3M	2.12M	3.85M	2.99M	3.07M	3.63M	5.15M
Total Non-Current Assets+	60.35M	103.44M	85.92M	96.48M	63.4M	70.87M	70.39M	56.67M	51.17M	39.84M
Property, Plant & Equipment	39.97M	51.65M	51.79M	48.39M	47.05M	55.73M	57.28M	44.3M	39.38M	30.74M
Fixed Asset Turnover	7.83x	5.99x	6.25x	6.13x	5.44x	5.38x	5.15x	5.30x	5.72x	6.94x
Goodwill	11.46M	11.46M	13.57M	27.22M	0	0	0	0	0	0
Intangible Assets	1.62M	1.49M	4.28M	10.45M	3.38M	3M	2.63M	2.25M	1.88M	960K
Long-Term Investments	4.03M	37.52M	13.86M	8.59M	11.51M	9.56M	9.36M	7.07M	7.1M	6.9M
Other Non-Current Assets	2.57M	902K	957K	1.38M	664K	2.04M	595K	2.57M	2.29M	591K
Total Assets+	175.14M	205.63M	217.98M	219.73M	215.08M	214.08M	177.56M	152.18M	132.05M	123.37M
Asset Turnover	1.79x	1.51x	1.49x	1.35x	1.19x	1.40x	1.66x	1.54x	1.71x	1.73x
Asset Growth %	0.02%	0.17%	0.06%	0.01%	-0.02%	-0%	-0.17%	-0.14%	-0.13%	-0.07%
Total Current Liabilities+	36.32M	46.1M	40.58M	35.19M	40.12M	61.23M	32.56M	44.02M	38.11M	46.96M
Accounts Payable	23.99M	29.1M	27.24M	22.73M	23.11M	42.89M	20.57M	29.5M	25.61M	27.32M
Days Payables Outstanding	35.35	44.2	38.37	33.67	39.11	62.64	29.02	48.06	47.35	53.45
Short-Term Debt	0	0	0	0	8.62M	0	0	0	0	8.11M
Deferred Revenue (Current)	0	0	809K	399K	502K	540K	520K	1000K	0	422K
Other Current Liabilities	404K	5.05M	0	2.21M	0	0	0	0	1.84M	5.97M
Current Ratio	3.16x	2.22x	3.25x	3.50x	3.78x	2.34x	3.29x	2.17x	2.12x	1.78x
Quick Ratio	1.88x	1.10x	1.94x	2.06x	2.59x	1.43x	1.25x	1.15x	0.95x	0.73x
Cash Conversion Cycle	60.78	62.97	66.59	71.36	79.98	64.97	93.44	64.22	70.38	80.88
Total Non-Current Liabilities+	10.01M	10.9M	14.02M	20.29M	45.27M	23.84M	25.51M	19.08M	17.82M	18.77M
Long-Term Debt	0	0	0	675K	29.75M	0	0	0	0	4.6M
Capital Lease Obligations	0	0	0	0	2.02M	6.82M	7.06M	3.61M	2.42M	2.54M
Deferred Tax Liabilities	1.48M	3.59M	2.15M	3.18M	1.82M	5.33M	6M	5.95M	6.38M	5.16M
Other Non-Current Liabilities	8.53M	7.31M	11.87M	17.27M	11.68M	11.69M	12.44M	9.52M	9.02M	6.48M
Total Liabilities	46.33M	57M	54.61M	55.48M	85.39M	85.07M	58.06M	63.1M	55.92M	65.73M
Total Debt+	0	0	0	675K	42.19M	9.56M	10.28M	6.25M	4.48M	17.64M
Net Debt	-37.79M	-20.8M	-21.23M	-39.33M	-27.6M	-27.45M	-4.27M	-14.71M	-5.53M	12.01M
Debt / Equity	-	-	-	0.00x	0.32x	0.07x	0.09x	0.07x	0.06x	0.31x
Debt / EBITDA	-	-	-	0.03x	2.97x	0.55x	1.42x	-	-	-
Net Debt / EBITDA	-1.07x	-0.56x	-0.60x	-1.86x	-1.94x	-1.58x	-0.59x	-	-	-
Interest Coverage	-	-	292.14x	360.51x	57.25x	198.27x	-18.12x	-	-1028.00x	-39.03x
Total Equity+	128.81M	148.63M	163.38M	164.25M	130.62M	129.01M	119.5M	89.08M	76.13M	57.64M
Equity Growth %	0.08%	0.15%	0.1%	0.01%	-0.2%	-0.01%	-0.07%	-0.25%	-0.15%	-0.24%
Book Value per Share	10.33	11.87	12.93	13.09	10.55	10.47	9.76	7.25	6.12	4.60
Total Shareholders' Equity	128.81M	148.63M	163.38M	159.93M	129.7M	129.01M	119.5M	89.08M	76.13M	57.64M
Common Stock	614K	618K	623K	620K	615K	616K	611K	616K	624K	628K
Retained Earnings	84.55M	100.6M	114.64M	115.58M	86.51M	84.44M	75.72M	44.2M	30.38M	11.27M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-144K	-4K	-85K	40K	-10K	146K	32K	19K	118K	150K
Minority Interest	0	0	0	4.31M	925K	0	0	0	0	0

Cash Flow

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Cash from Operations+	26.8M	32.98M	27.47M	13.87M	4.97M	21.48M	-17.44M	7.8M	-8.22M	-17.65M
Operating CF Margin %	0.09%	0.11%	0.08%	0.05%	0.02%	0.07%	-0.06%	0.03%	-0.04%	-0.08%
Operating CF Growth %	0.03%	0.23%	-0.17%	-0.5%	-0.64%	3.32%	-1.81%	1.45%	-2.05%	-1.15%
Net Income	16.93M	22.33M	20.88M	5.46M	-28.67M	3.22M	-3.21M	-31.52M	-13.82M	-19.1M
Depreciation & Amortization	6.84M	7.33M	8.02M	8.9M	8.47M	7.31M	7.55M	7.28M	6.91M	5.84M
Stock-Based Compensation	2.74M	3.36M	2.21M	130K	614K	1.25M	1.13M	1.15M	915K	650K
Deferred Taxes	4.19M	4.67M	-2.48M	2.03M	-1.69M	3.76M	691K	-2K	387K	-1.34M
Other Non-Cash Items	-789K	-675K	332K	-1.26M	29.45M	607K	466K	5.76M	-2.19M	113K
Working Capital Changes	-3.13M	-4.03M	-1.49M	-1.38M	-3.2M	5.33M	-24.07M	25.14M	-428K	-3.81M
Change in Receivables	4.48M	-1.55M	-299K	2.34M	-1.99M	-12.12M	15.42M	-2.64M	3.56M	-722K
Change in Inventory	-4.41M	-5.44M	-24K	3.84M	-837K	-7.22M	-10.79M	15.37M	1.59M	-2.06M
Change in Payables	-3.79M	5.83M	-4.03M	-3.43M	499K	17.23M	-22.13M	10.27M	-2.93M	1.85M
Cash from Investing+	-7.4M	-43.28M	-15.11M	15.16M	-5.71M	-10.68M	2.5M	-752K	-2.43M	598K
Capital Expenditures	-11.47M	-11.86M	-8.01M	-3.26M	-4.58M	-6.66M	-5.7M	-2.11M	-3.71M	-2.95M
CapEx % of Revenue	0.04%	0.04%	0.02%	0.01%	0.02%	0.02%	0.02%	0.01%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-18K	123K	-12K	2.29M	2.19M	12K	8.19M	15K	715K	2.56M
Cash from Financing+	-11.83M	-6.64M	-12.01M	-10.16M	30.64M	-43.71M	-7.42M	-436K	-126K	12.67M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-8.14M	-6.28M	-6.84M	-4.73M	-5.08M	-5.29M	-5.51M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	707K	-1.01M	-5.28M	-2.78M	-1.22M	-15K	-110K	-403K	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	15.32M	21.12M	19.47M	10.61M	385K	14.81M	-23.14M	5.7M	-11.94M	-20.6M
FCF Margin %	0.05%	0.07%	0.06%	0.04%	0%	0.05%	-0.08%	0.02%	-0.05%	-0.1%
FCF Growth %	-0.02%	0.38%	-0.08%	-0.45%	-0.96%	37.48%	-2.56%	1.25%	-3.1%	-0.73%
FCF per Share	1.23	1.69	1.54	0.85	0.03	1.20	-1.89	0.46	-0.96	-1.64
FCF Conversion (FCF/Net Income)	1.58x	1.48x	1.32x	2.44x	-0.45x	6.67x	5.43x	-0.25x	0.60x	0.92x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.64%	16.1%	13.38%	3.46%	-7.48%	2.48%	-2.58%	-30.22%	-16.73%	-28.56%
Return on Invested Capital (ROIC)	23.24%	20.61%	15.26%	7.09%	3.99%	7.41%	-0.21%	-21.43%	-11.7%	-9.64%
Gross Margin	20.81%	22.37%	19.97%	16.92%	15.81%	16.63%	12.24%	4.64%	12.4%	12.51%
Net Margin	5.41%	7.22%	6.45%	1.91%	-4.31%	1.07%	-1.09%	-13.42%	-6.13%	-8.96%
Debt / Equity	-	-	-	0.00x	0.32x	0.07x	0.09x	0.07x	0.06x	0.31x
Interest Coverage	-	-	292.14x	360.51x	57.25x	198.27x	-18.12x	-	-1028.00x	-39.03x
FCF Conversion	1.58x	1.48x	1.32x	2.44x	-0.45x	6.67x	5.43x	-0.25x	0.60x	0.92x
Revenue Growth	0.87%	-1.06%	4.58%	-8.36%	-13.65%	17%	-1.63%	-20.32%	-4.09%	-5.37%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Mattress Fabrics	186.42M	190.81M	192.6M	145.06M	131.41M	157.67M	152.16M	111M	116.37M	113.91M
Mattress Fabrics Growth	-	2.35%	0.94%	-24.68%	-9.41%	19.98%	-3.50%	-27.05%	4.84%	-2.12%
Upholstery Fabrics	126.44M	118.74M	131.13M	135.65M	124.75M	142.05M	142.68M	123.94M	108.96M	99.33M
Upholstery Fabrics Growth	-	-6.09%	10.43%	3.45%	-8.04%	13.86%	0.44%	-13.13%	-12.08%	-8.84%
Home Accessories	-	-	-	15.96M	-	-	-	-	-	-
Home Accessories Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
International	-	-	-	-	-	-	-	-	71.7M	69.52M
International Growth	-	-	-	-	-	-	-	-	-	-3.04%
North America Excluding United States	31.67M	30M	27.84M	29.25M	27.64M	32.92M	39.26M	29.76M	29.36M	32.91M
North America Excluding United States Growth	-	-5.28%	-7.17%	5.04%	-5.50%	19.13%	19.23%	-24.20%	-1.34%	12.11%
Far East And Asia	31.93M	34.7M	40.67M	39.28M	36.47M	43.76M	43.02M	31.34M	36.33M	30.59M
Far East And Asia Growth	-	8.67%	17.22%	-3.43%	-7.15%	20.00%	-1.71%	-27.14%	15.94%	-15.82%
All Other Geographic Areas	4.34M	3.62M	5.68M	3.71M	2.99M	5.56M	8.11M	8.03M	6.01M	6.03M
All Other Geographic Areas Growth	-	-16.56%	57.02%	-34.66%	-19.56%	86.14%	45.99%	-1.01%	-25.16%	0.25%
Mx	-	-	-	-	21.7M	27.2M	33.5M	24.9M	-	-
Mx Growth	-	-	-	-	-	25.35%	23.16%	-25.67%	-	-
MX	-	-	-	22.5M	-	-	-	-	-	-
MX Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Culp, Inc. (CULP) reported $207.4M in revenue for fiscal year 2024. This represents a 18% decrease from $254.4M in 2011.

Culp, Inc. (CULP) saw revenue decline by 5.4% over the past year.

Culp, Inc. (CULP) reported a net loss of $9.3M for fiscal year 2024.

Dividend & Returns

Culp, Inc. (CULP) has a return on equity (ROE) of -28.6%. Negative ROE indicates the company is unprofitable.

Culp, Inc. (CULP) had negative free cash flow of $20.8M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Culp, Inc. (CULP) 10-Year Financial Performance & Capital Metrics

CULP • • Industrial / General

Consumer CyclicalApparel ManufacturingTextile & Materials ManufacturingTextile & Fabric Producers

Revenue $213M -5.4%
EBITDA -$3M +27.9%
Net Income -$19M -38.2%
EPS (Diluted) -1.53 -37.8%
Gross Margin 12.51% +0.9%
EBITDA Margin -1.49% +23.8%
Operating Margin -4.23% +15.7%
Net Margin -8.96% -46.1%
ROE -28.56% -70.7%
ROIC -9.64% +17.6%
Debt/Equity 0.31 +419.8%
Interest Coverage -39.03 +96.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.8x book value
✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-3.68%

5Y-3.6%

3Y-10.24%

TTM-7.91%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM47.37%

EPS CAGR

10Y-

5Y-

3Y-

TTM104.23%

ROCE

10Y Avg3.08%

5Y Avg-7.44%

3Y Avg-14.39%

Latest-10.59%

Peer Comparison

Textile & Fabric Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AINAlbany International Corp.	1.68B	58.52	20.90	7.2%	-4.66%	-7.19%	8.24%	0.41
JLJ-Long Group Limited	9.57M	5.79	6.98	37.69%	9.11%	30.46%	64.84%	0.16
NCINeo-Concept International Group Holdings Limited	4.09M	1.18	2.95	35.28%	3.42%	29.62%		1.22
CULPCulp, Inc.	48.25M	3.81	-2.49	-5.37%	-4.5%	-16.2%		0.31
UFIUnifi, Inc.	72.16M	3.93	-3.54	-1.87%	-9.92%	-23.37%		0.46

Profit & Loss

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Sales/Revenue+	312.86M	309.54M	323.73M	296.67M	256.17M	299.72M	294.84M	234.93M	225.33M	213.24M
Revenue Growth %	0.01%	-0.01%	0.05%	-0.08%	-0.14%	0.17%	-0.02%	-0.2%	-0.04%	-0.05%
Cost of Goods Sold+	247.75M	240.31M	259.09M	246.47M	215.67M	249.89M	258.75M	224.04M	197.39M	186.57M
COGS % of Revenue	0.79%	0.78%	0.8%	0.83%	0.84%	0.83%	0.88%	0.95%	0.88%	0.87%
Gross Profit+	65.11M	69.23M	64.63M	50.2M	40.5M	49.83M	36.09M	10.9M	27.94M	26.67M
Gross Margin %	0.21%	0.22%	0.2%	0.17%	0.16%	0.17%	0.12%	0.05%	0.12%	0.13%
Gross Profit Growth %	0.17%	0.06%	-0.07%	-0.22%	-0.19%	0.23%	-0.28%	-0.7%	1.56%	-0.05%
Operating Expenses+	36.77M	39.16M	37.17M	38.41M	34.42M	37.76M	35.41M	37.98M	39.25M	45.04M
OpEx % of Revenue	0.12%	0.13%	0.11%	0.13%	0.13%	0.13%	0.12%	0.16%	0.17%	0.21%
Selling, General & Admin	36.77M	39.16M	37.17M	38.41M	34.42M	37.76M	35.41M	37.98M	38.61M	35.7M
SG&A % of Revenue	0.12%	0.13%	0.11%	0.13%	0.13%	0.13%	0.12%	0.16%	0.17%	0.17%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	636K	9.34M
Operating Income+	28.34M	30.08M	27.46M	12.62M	6.07M	10.11M	-308K	-27.08M	-11.31M	-9.02M
Operating Margin %	0.09%	0.1%	0.08%	0.04%	0.02%	0.03%	-0%	-0.12%	-0.05%	-0.04%
Operating Income Growth %	0.24%	0.06%	-0.09%	-0.54%	-0.52%	0.67%	-1.03%	-86.93%	0.58%	0.2%
EBITDA+	35.18M	37.41M	35.48M	21.19M	14.19M	17.42M	7.25M	-19.8M	-4.4M	-3.17M
EBITDA Margin %	0.11%	0.12%	0.11%	0.07%	0.06%	0.06%	0.02%	-0.08%	-0.02%	-0.01%
EBITDA Growth %	0.22%	0.06%	-0.05%	-0.4%	-0.33%	0.23%	-0.58%	-3.73%	0.78%	0.28%
D&A (Non-Cash Add-back)	6.84M	7.33M	8.02M	8.57M	8.12M	7.31M	7.55M	7.28M	6.91M	5.84M
EBIT	28.34M	30.08M	26.98M	12.76M	-7.57M	12.11M	678K	-28.39M	-10.76M	-18.48M
Net Interest Income+	176K	299K	440K	754K	791K	193K	356K	531K	1.16M	684K
Interest Income	176K	299K	534K	789K	897K	244K	373K	531K	1.17M	915K
Interest Expense	0	0	94K	35K	106K	51K	17K	0	11K	231K
Other Income/Expense	-440K	-382K	-578K	-10K	-13.75M	-1.2M	-1M	88K	538K	-9.69M
Pretax Income+	27.9M	29.7M	26.88M	12M	-7.68M	10.88M	-325K	-28.39M	-10.77M	-18.71M
Pretax Margin %	0.09%	0.1%	0.08%	0.04%	-0.03%	0.04%	-0%	-0.12%	-0.05%	-0.09%
Income Tax+	10.96M	7.34M	5.74M	6.42M	3.35M	7.69M	2.89M	3.13M	3.05M	392K
Effective Tax Rate %	0.61%	0.75%	0.78%	0.47%	1.44%	0.3%	9.88%	1.11%	1.28%	1.02%
Net Income+	16.93M	22.33M	20.88M	5.68M	-11.03M	3.22M	-3.21M	-31.52M	-13.82M	-19.1M
Net Margin %	0.05%	0.07%	0.06%	0.02%	-0.04%	0.01%	-0.01%	-0.13%	-0.06%	-0.09%
Net Income Growth %	0.12%	0.32%	-0.07%	-0.73%	-2.94%	1.29%	-2%	-8.82%	0.56%	-0.38%
Net Income (Continuing)	16.93M	22.33M	20.88M	6.18M	-11.16M	3.22M	-3.21M	-31.52M	-13.82M	-19.1M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	4.31M	925K	0	0	0	0	0
EPS (Diluted)+	1.36	1.78	1.65	0.45	-0.89	0.26	-0.26	-2.57	-1.11	-1.53
EPS Growth %	0.12%	0.31%	-0.07%	-0.73%	-2.98%	1.29%	-2%	-8.88%	0.57%	-0.38%
EPS (Basic)	1.38	1.81	1.68	0.46	-0.89	0.26	-0.26	-2.57	-1.11	-1.53
Diluted Shares Outstanding	12.47M	12.52M	12.63M	12.55M	12.38M	12.32M	12.24M	12.28M	12.43M	12.53M
Basic Shares Outstanding	12.3M	12.31M	12.43M	12.46M	12.38M	12.3M	12.24M	12.28M	12.43M	12.53M
Dividend Payout Ratio	0.48%	0.28%	0.33%	0.83%	-	1.64%	-	-	-	-

Balance Sheet

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Total Current Assets+	114.79M	102.19M	132.07M	123.25M	151.69M	143.21M	107.18M	95.52M	80.88M	83.53M
Cash & Short-Term Investments	42.15M	23.24M	49.44M	45.01M	74.98M	45.71M	14.55M	22.37M	10.91M	6.95M
Cash Only	37.79M	20.8M	21.23M	40.01M	69.79M	37.01M	14.55M	20.96M	10.01M	5.63M
Short-Term Investments	4.36M	2.44M	28.21M	5M	5.19M	8.7M	0	1.4M	903K	1.32M
Accounts Receivable	23.64M	24.58M	26.31M	24.15M	26.68M	37.73M	23.08M	25M	21.49M	22.12M
Days Sales Outstanding	27.58	28.98	29.66	29.71	38.01	45.94	28.58	38.84	34.81	37.87
Inventory	46.53M	51.48M	53.45M	50.86M	47.91M	55.92M	66.56M	45.08M	44.84M	49.31M
Days Inventory Outstanding	68.55	78.19	75.3	75.32	81.08	81.68	93.89	73.44	82.92	96.47
Other Current Assets	2.48M	2.89M	2.87M	7.3M	2.12M	3.85M	2.99M	3.07M	3.63M	5.15M
Total Non-Current Assets+	60.35M	103.44M	85.92M	96.48M	63.4M	70.87M	70.39M	56.67M	51.17M	39.84M
Property, Plant & Equipment	39.97M	51.65M	51.79M	48.39M	47.05M	55.73M	57.28M	44.3M	39.38M	30.74M
Fixed Asset Turnover	7.83x	5.99x	6.25x	6.13x	5.44x	5.38x	5.15x	5.30x	5.72x	6.94x
Goodwill	11.46M	11.46M	13.57M	27.22M	0	0	0	0	0	0
Intangible Assets	1.62M	1.49M	4.28M	10.45M	3.38M	3M	2.63M	2.25M	1.88M	960K
Long-Term Investments	4.03M	37.52M	13.86M	8.59M	11.51M	9.56M	9.36M	7.07M	7.1M	6.9M
Other Non-Current Assets	2.57M	902K	957K	1.38M	664K	2.04M	595K	2.57M	2.29M	591K
Total Assets+	175.14M	205.63M	217.98M	219.73M	215.08M	214.08M	177.56M	152.18M	132.05M	123.37M
Asset Turnover	1.79x	1.51x	1.49x	1.35x	1.19x	1.40x	1.66x	1.54x	1.71x	1.73x
Asset Growth %	0.02%	0.17%	0.06%	0.01%	-0.02%	-0%	-0.17%	-0.14%	-0.13%	-0.07%
Total Current Liabilities+	36.32M	46.1M	40.58M	35.19M	40.12M	61.23M	32.56M	44.02M	38.11M	46.96M
Accounts Payable	23.99M	29.1M	27.24M	22.73M	23.11M	42.89M	20.57M	29.5M	25.61M	27.32M
Days Payables Outstanding	35.35	44.2	38.37	33.67	39.11	62.64	29.02	48.06	47.35	53.45
Short-Term Debt	0	0	0	0	8.62M	0	0	0	0	8.11M
Deferred Revenue (Current)	0	0	809K	399K	502K	540K	520K	1000K	0	422K
Other Current Liabilities	404K	5.05M	0	2.21M	0	0	0	0	1.84M	5.97M
Current Ratio	3.16x	2.22x	3.25x	3.50x	3.78x	2.34x	3.29x	2.17x	2.12x	1.78x
Quick Ratio	1.88x	1.10x	1.94x	2.06x	2.59x	1.43x	1.25x	1.15x	0.95x	0.73x
Cash Conversion Cycle	60.78	62.97	66.59	71.36	79.98	64.97	93.44	64.22	70.38	80.88
Total Non-Current Liabilities+	10.01M	10.9M	14.02M	20.29M	45.27M	23.84M	25.51M	19.08M	17.82M	18.77M
Long-Term Debt	0	0	0	675K	29.75M	0	0	0	0	4.6M
Capital Lease Obligations	0	0	0	0	2.02M	6.82M	7.06M	3.61M	2.42M	2.54M
Deferred Tax Liabilities	1.48M	3.59M	2.15M	3.18M	1.82M	5.33M	6M	5.95M	6.38M	5.16M
Other Non-Current Liabilities	8.53M	7.31M	11.87M	17.27M	11.68M	11.69M	12.44M	9.52M	9.02M	6.48M
Total Liabilities	46.33M	57M	54.61M	55.48M	85.39M	85.07M	58.06M	63.1M	55.92M	65.73M
Total Debt+	0	0	0	675K	42.19M	9.56M	10.28M	6.25M	4.48M	17.64M
Net Debt	-37.79M	-20.8M	-21.23M	-39.33M	-27.6M	-27.45M	-4.27M	-14.71M	-5.53M	12.01M
Debt / Equity	-	-	-	0.00x	0.32x	0.07x	0.09x	0.07x	0.06x	0.31x
Debt / EBITDA	-	-	-	0.03x	2.97x	0.55x	1.42x	-	-	-
Net Debt / EBITDA	-1.07x	-0.56x	-0.60x	-1.86x	-1.94x	-1.58x	-0.59x	-	-	-
Interest Coverage	-	-	292.14x	360.51x	57.25x	198.27x	-18.12x	-	-1028.00x	-39.03x
Total Equity+	128.81M	148.63M	163.38M	164.25M	130.62M	129.01M	119.5M	89.08M	76.13M	57.64M
Equity Growth %	0.08%	0.15%	0.1%	0.01%	-0.2%	-0.01%	-0.07%	-0.25%	-0.15%	-0.24%
Book Value per Share	10.33	11.87	12.93	13.09	10.55	10.47	9.76	7.25	6.12	4.60
Total Shareholders' Equity	128.81M	148.63M	163.38M	159.93M	129.7M	129.01M	119.5M	89.08M	76.13M	57.64M
Common Stock	614K	618K	623K	620K	615K	616K	611K	616K	624K	628K
Retained Earnings	84.55M	100.6M	114.64M	115.58M	86.51M	84.44M	75.72M	44.2M	30.38M	11.27M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-144K	-4K	-85K	40K	-10K	146K	32K	19K	118K	150K
Minority Interest	0	0	0	4.31M	925K	0	0	0	0	0

Cash Flow

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Cash from Operations+	26.8M	32.98M	27.47M	13.87M	4.97M	21.48M	-17.44M	7.8M	-8.22M	-17.65M
Operating CF Margin %	0.09%	0.11%	0.08%	0.05%	0.02%	0.07%	-0.06%	0.03%	-0.04%	-0.08%
Operating CF Growth %	0.03%	0.23%	-0.17%	-0.5%	-0.64%	3.32%	-1.81%	1.45%	-2.05%	-1.15%
Net Income	16.93M	22.33M	20.88M	5.46M	-28.67M	3.22M	-3.21M	-31.52M	-13.82M	-19.1M
Depreciation & Amortization	6.84M	7.33M	8.02M	8.9M	8.47M	7.31M	7.55M	7.28M	6.91M	5.84M
Stock-Based Compensation	2.74M	3.36M	2.21M	130K	614K	1.25M	1.13M	1.15M	915K	650K
Deferred Taxes	4.19M	4.67M	-2.48M	2.03M	-1.69M	3.76M	691K	-2K	387K	-1.34M
Other Non-Cash Items	-789K	-675K	332K	-1.26M	29.45M	607K	466K	5.76M	-2.19M	113K
Working Capital Changes	-3.13M	-4.03M	-1.49M	-1.38M	-3.2M	5.33M	-24.07M	25.14M	-428K	-3.81M
Change in Receivables	4.48M	-1.55M	-299K	2.34M	-1.99M	-12.12M	15.42M	-2.64M	3.56M	-722K
Change in Inventory	-4.41M	-5.44M	-24K	3.84M	-837K	-7.22M	-10.79M	15.37M	1.59M	-2.06M
Change in Payables	-3.79M	5.83M	-4.03M	-3.43M	499K	17.23M	-22.13M	10.27M	-2.93M	1.85M
Cash from Investing+	-7.4M	-43.28M	-15.11M	15.16M	-5.71M	-10.68M	2.5M	-752K	-2.43M	598K
Capital Expenditures	-11.47M	-11.86M	-8.01M	-3.26M	-4.58M	-6.66M	-5.7M	-2.11M	-3.71M	-2.95M
CapEx % of Revenue	0.04%	0.04%	0.02%	0.01%	0.02%	0.02%	0.02%	0.01%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-18K	123K	-12K	2.29M	2.19M	12K	8.19M	15K	715K	2.56M
Cash from Financing+	-11.83M	-6.64M	-12.01M	-10.16M	30.64M	-43.71M	-7.42M	-436K	-126K	12.67M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-8.14M	-6.28M	-6.84M	-4.73M	-5.08M	-5.29M	-5.51M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	707K	-1.01M	-5.28M	-2.78M	-1.22M	-15K	-110K	-403K	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	15.32M	21.12M	19.47M	10.61M	385K	14.81M	-23.14M	5.7M	-11.94M	-20.6M
FCF Margin %	0.05%	0.07%	0.06%	0.04%	0%	0.05%	-0.08%	0.02%	-0.05%	-0.1%
FCF Growth %	-0.02%	0.38%	-0.08%	-0.45%	-0.96%	37.48%	-2.56%	1.25%	-3.1%	-0.73%
FCF per Share	1.23	1.69	1.54	0.85	0.03	1.20	-1.89	0.46	-0.96	-1.64
FCF Conversion (FCF/Net Income)	1.58x	1.48x	1.32x	2.44x	-0.45x	6.67x	5.43x	-0.25x	0.60x	0.92x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.64%	16.1%	13.38%	3.46%	-7.48%	2.48%	-2.58%	-30.22%	-16.73%	-28.56%
Return on Invested Capital (ROIC)	23.24%	20.61%	15.26%	7.09%	3.99%	7.41%	-0.21%	-21.43%	-11.7%	-9.64%
Gross Margin	20.81%	22.37%	19.97%	16.92%	15.81%	16.63%	12.24%	4.64%	12.4%	12.51%
Net Margin	5.41%	7.22%	6.45%	1.91%	-4.31%	1.07%	-1.09%	-13.42%	-6.13%	-8.96%
Debt / Equity	-	-	-	0.00x	0.32x	0.07x	0.09x	0.07x	0.06x	0.31x
Interest Coverage	-	-	292.14x	360.51x	57.25x	198.27x	-18.12x	-	-1028.00x	-39.03x
FCF Conversion	1.58x	1.48x	1.32x	2.44x	-0.45x	6.67x	5.43x	-0.25x	0.60x	0.92x
Revenue Growth	0.87%	-1.06%	4.58%	-8.36%	-13.65%	17%	-1.63%	-20.32%	-4.09%	-5.37%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Mattress Fabrics	186.42M	190.81M	192.6M	145.06M	131.41M	157.67M	152.16M	111M	116.37M	113.91M
Mattress Fabrics Growth	-	2.35%	0.94%	-24.68%	-9.41%	19.98%	-3.50%	-27.05%	4.84%	-2.12%
Upholstery Fabrics	126.44M	118.74M	131.13M	135.65M	124.75M	142.05M	142.68M	123.94M	108.96M	99.33M
Upholstery Fabrics Growth	-	-6.09%	10.43%	3.45%	-8.04%	13.86%	0.44%	-13.13%	-12.08%	-8.84%
Home Accessories	-	-	-	15.96M	-	-	-	-	-	-
Home Accessories Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
International	-	-	-	-	-	-	-	-	71.7M	69.52M
International Growth	-	-	-	-	-	-	-	-	-	-3.04%
North America Excluding United States	31.67M	30M	27.84M	29.25M	27.64M	32.92M	39.26M	29.76M	29.36M	32.91M
North America Excluding United States Growth	-	-5.28%	-7.17%	5.04%	-5.50%	19.13%	19.23%	-24.20%	-1.34%	12.11%
Far East And Asia	31.93M	34.7M	40.67M	39.28M	36.47M	43.76M	43.02M	31.34M	36.33M	30.59M
Far East And Asia Growth	-	8.67%	17.22%	-3.43%	-7.15%	20.00%	-1.71%	-27.14%	15.94%	-15.82%
All Other Geographic Areas	4.34M	3.62M	5.68M	3.71M	2.99M	5.56M	8.11M	8.03M	6.01M	6.03M
All Other Geographic Areas Growth	-	-16.56%	57.02%	-34.66%	-19.56%	86.14%	45.99%	-1.01%	-25.16%	0.25%
Mx	-	-	-	-	21.7M	27.2M	33.5M	24.9M	-	-
Mx Growth	-	-	-	-	-	25.35%	23.16%	-25.67%	-	-
MX	-	-	-	22.5M	-	-	-	-	-	-
MX Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Culp, Inc. (CULP) reported $207.4M in revenue for fiscal year 2024. This represents a 18% decrease from $254.4M in 2011.

Culp, Inc. (CULP) saw revenue decline by 5.4% over the past year.

Culp, Inc. (CULP) reported a net loss of $9.3M for fiscal year 2024.

Dividend & Returns

Culp, Inc. (CULP) has a return on equity (ROE) of -28.6%. Negative ROE indicates the company is unprofitable.

Culp, Inc. (CULP) had negative free cash flow of $20.8M in fiscal year 2024, likely due to heavy capital investments.