Last 45 quarters of trend data · Industrials · Business Equipment & Supplies
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Steelcase Inc.'s quarterly P/E stands at 14.4x, up 111.2% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 85.1% YoY to 8.3x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 15.82 | 14.43 | 23.43 | 12.67 | 20.73 | 6.83 | 35.89 | 19.21 | 11.56 | 9.20 | 145.70 | 15.13 | 22.62 |
| — | +111.2% | -34.7% | -34.0% | +79.4% | -25.7% | -75.4% | +26.9% | -48.9% | -46.3% | — | — | -38.9% | |
| P/S Ratio | 0.59 | 0.56 | 0.39 | 0.46 | 0.48 | 0.48 | 0.52 | 0.51 | 0.44 | 0.28 | 0.27 | 0.29 | 0.30 |
| — | +15.0% | -24.8% | -9.4% | +8.1% | +71.0% | +93.7% | +75.1% | +47.3% | -26.0% | -42.4% | -38.3% | -33.7% | |
| P/B Ratio | 1.95 | 1.96 | 1.25 | 1.52 | 1.63 | 1.77 | 1.74 | 1.77 | 1.57 | 1.13 | 0.98 | 1.12 | 1.23 |
| — | +10.7% | -28.4% | -14.2% | +3.8% | +56.6% | +77.9% | +57.7% | +28.1% | -31.4% | -42.6% | -32.2% | -21.5% | |
| P/FCF | 18.28 | 12.24 | — | — | 4.33 | 4.33 | — | 8.22 | 3.22 | 6.68 | — | 3.23 | 4.02 |
| — | +182.6% | — | — | +34.5% | -35.1% | — | +154.5% | -19.8% | — | — | — | — | |
| EV / EBITDA | 8.82 | 8.29 | 9.54 | 14.11 | 7.20 | 4.48 | 12.96 | 9.23 | 6.74 | 5.88 | 12.89 | 7.44 | 9.47 |
| — | +85.1% | -26.4% | +52.8% | +6.8% | -23.8% | +0.6% | +24.2% | -28.8% | -39.1% | -80.1% | -64.2% | -21.8% | |
| EV / EBIT | 13.33 | 10.28 | 16.38 | 28.51 | 13.56 | 5.34 | 24.14 | 19.34 | 13.06 | 8.40 | 37.59 | 12.12 | 17.22 |
| — | +92.6% | -32.1% | +47.4% | +3.8% | -36.5% | -35.8% | +59.6% | -24.2% | -44.7% | — | -86.3% | -28.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Steelcase Inc.'s operating margin was 5.9% in Q2 2026, up 2.6 pp QoQ and down 4.6 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 3.9% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 33.1% | 34.8% | 33.9% | 31.9% | 33.4% | 34.5% | 33.2% | 31.4% | 32.4% | 33.2% | 31.2% | 29.8% | 28.8% |
| — | +0.8% | +2.0% | +1.5% | +2.9% | +4.1% | +6.4% | +5.3% | +12.8% | +14.1% | +20.1% | +14.4% | +4.3% | |
| Operating Margin | 5.0% | 5.9% | 3.3% | 1.2% | 5.2% | 10.5% | 2.4% | 3.9% | 5.6% | 4.8% | 1.0% | 3.6% | 2.5% |
| — | -43.7% | +35.3% | -69.0% | -8.4% | +119.2% | +149.2% | +8.5% | +127.1% | +40.9% | +157.1% | +1184.0% | +15.1% | |
| Net Margin | 3.8% | 3.9% | 1.7% | 3.5% | 2.4% | 7.4% | 1.5% | 2.7% | 4.0% | 3.2% | 0.2% | 2.0% | 1.4% |
| — | -47.1% | +16.5% | +27.5% | -39.3% | +129.1% | +651.2% | +40.3% | +187.2% | +41.7% | +113.0% | +770.4% | +6.0% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.1% | 3.5% | 1.4% | 2.9% | 2.0% | 7.0% | 1.2% | 2.4% | 3.6% | 3.3% | 0.2% | 1.9% | 1.4% |
| — | -49.9% | +13.5% | +21.2% | -42.5% | +113.7% | +583.5% | +25.9% | +151.4% | +34.6% | +113.2% | +845.5% | +29.7% | |
| ROA | 5.3% | 1.5% | 0.6% | 1.2% | 0.8% | 2.9% | 0.5% | 1.0% | 1.4% | 1.3% | 0.1% | 0.7% | 0.5% |
| — | -47.0% | +18.7% | +24.9% | -40.0% | +125.6% | +620.8% | +35.3% | +177.8% | +45.7% | +113.5% | +830.8% | +20.3% | |
| ROIC | 9.9% | 2.8% | 1.5% | 0.6% | 2.5% | 5.3% | 1.1% | 1.8% | 2.5% | 2.2% | 0.4% | 1.5% | 1.0% |
| — | -46.5% | +39.5% | -67.5% | +0.7% | +139.9% | +176.3% | +24.9% | +146.9% | +45.4% | +155.5% | +1150.1% | +10.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Steelcase Inc.'s Debt/EBITDA ratio is 8.6x, down from 14.0x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 12 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.61 | 0.61 | 0.63 | 0.64 | 0.65 | 0.70 | 0.71 | 0.72 | 0.76 | 0.79 | 0.84 | 0.90 |
| — | -6.7% | -12.5% | -11.1% | -11.1% | -14.3% | -11.6% | -15.7% | -19.5% | -21.0% | -7.7% | +1.2% | +6.5% | |
| Debt / EBITDA | 2.51 | 8.57 | 13.97 | 19.96 | 9.82 | 5.55 | 16.16 | 12.38 | 9.76 | 10.46 | 23.68 | 13.51 | 16.53 |
| — | +54.3% | -13.6% | +61.2% | +0.7% | -46.9% | -31.7% | -8.4% | -41.0% | -28.4% | -74.2% | -56.0% | -15.6% | |
| Current Ratio | 1.54 | 1.66 | 1.65 | 1.54 | 1.57 | 1.62 | 1.61 | 1.58 | 1.54 | 1.53 | 1.53 | 1.47 | 1.35 |
| — | +2.4% | +2.5% | -2.7% | +2.3% | +6.0% | +5.4% | +7.9% | +14.1% | +16.3% | -2.1% | -13.4% | -20.7% | |
| Quick Ratio | 1.17 | 1.18 | 1.15 | 1.17 | 1.21 | 1.23 | 1.15 | 1.20 | 1.12 | 1.07 | 0.95 | 0.94 | 0.79 |
| — | -3.6% | -0.1% | -2.4% | +7.5% | +15.0% | +20.5% | +28.3% | +42.4% | +39.3% | +2.6% | -16.2% | -35.0% | |
| Interest Coverage | 6.15 | 8.43 | 4.05 | 1.40 | 6.51 | 14.06 | 2.84 | 4.78 | 6.84 | 6.21 | 1.11 | 3.99 | 2.70 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 45 years · Updated daily
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Quick answers to the most common questions about buying SCS stock.
Steelcase Inc.'s current P/E is 15.8x. The average P/E over the last 4 quarters is 17.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Steelcase Inc.'s current operating margin is 5.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Steelcase Inc.'s business trajectory between earnings reports.