Haverty Furniture Cos Inc Financials
This page shows Haverty Furniture Cos Inc (HVT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Haverty Furniture Cos Inc's revenue declined 16.1% year-over-year, from $862.1M to $722.9M. This contraction results in a growth score of 0/100.
Haverty Furniture Cos Inc carries a low D/E ratio of 1.11, meaning only $1.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.
Haverty Furniture Cos Inc's current ratio of 1.82 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
Haverty Furniture Cos Inc's free cash flow margin of 3.7% results in a low score of 19/100. Capital expenditures of $32.1M absorb a large share of operating cash flow.
Haverty Furniture Cos Inc generates a 6.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is down from 18.3% the prior year.
Haverty Furniture Cos Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Haverty Furniture Cos Inc generates $2.95 in operating cash flow ($58.9M OCF vs $20.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Haverty Furniture Cos Inc generated $722.9M in revenue in fiscal year 2024. This represents a decrease of 16.1% from the prior year.
Haverty Furniture Cos Inc generated $26.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 39.2% from the prior year.
Haverty Furniture Cos Inc reported $20.0M in net income in fiscal year 2024. This represents a decrease of 64.6% from the prior year.
Haverty Furniture Cos Inc held $120.0M in cash against $0 in long-term debt as of fiscal year 2024.
Haverty Furniture Cos Inc's gross margin was 60.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.
Haverty Furniture Cos Inc's net profit margin was 2.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 3.8 percentage points from the prior year.
Haverty Furniture Cos Inc's ROE was 6.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 11.8 percentage points from the prior year.
Haverty Furniture Cos Inc spent $5.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 27.6% from the prior year.
Haverty Furniture Cos Inc invested $32.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 39.6% from the prior year.
HVT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $194.5M+7.4% | $181.0M-0.3% | $181.6M-1.5% | $184.4M+3.2% | $178.6M-2.9% | $184.0M-12.7% | $210.7M-4.4% | $220.3M |
| Cost of Revenue | $77.2M+8.9% | $70.9M+0.6% | $70.5M+0.4% | $70.2M-0.6% | $70.7M-3.2% | $73.0M-8.0% | $79.3M-8.1% | $86.3M |
| Gross Profit | $117.3M+6.5% | $110.1M-0.9% | $111.1M-2.7% | $114.2M+5.7% | $108.0M-2.7% | $111.0M-15.5% | $131.4M-1.9% | $134.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $112.3M+4.7% | $107.3M+0.1% | $107.2M+1.3% | $105.8M+2.6% | $103.1M-5.7% | $109.4M-4.7% | $114.7M+1.8% | $112.7M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | $1.6M+143.9% | -$3.5M-305.9% | $1.7M |
| Income Tax | $1.7M+3.6% | $1.6M+8.1% | $1.5M+5.4% | $1.4M-28.7% | $2.0M+151.2% | $802K-77.1% | $3.5M-39.4% | $5.8M |
| Net Income | $4.7M+75.9% | $2.7M-28.8% | $3.8M-53.9% | $8.2M+84.7% | $4.4M+85.5% | $2.4M-84.0% | $15.0M-12.6% | $17.2M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HVT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $651.7M+1.4% | $642.7M0.0% | $642.7M-0.9% | $648.7M+1.0% | $642.1M+0.2% | $640.5M-2.1% | $654.1M-3.3% | $676.7M |
| Current Assets | $250.8M+6.2% | $236.1M+1.5% | $232.7M-2.6% | $238.9M-0.6% | $240.4M-0.2% | $241.0M-4.2% | $251.6M-7.1% | $270.9M |
| Cash & Equivalents | $130.5M+21.6% | $107.4M-4.1% | $111.9M-6.7% | $120.0M+9.2% | $109.9M-1.7% | $111.8M-7.3% | $120.6M-10.2% | $134.3M |
| Inventory | $92.4M-0.9% | $93.3M+5.1% | $88.7M+6.3% | $83.4M-9.7% | $92.4M+0.4% | $92.1M-2.0% | $94.0M-8.2% | $102.3M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $345.7M+2.3% | $337.8M+0.1% | $337.3M-1.1% | $341.2M+1.8% | $335.0M+0.3% | $333.8M-3.4% | $345.8M-4.0% | $360.3M |
| Current Liabilities | $143.3M+9.8% | $130.5M+1.5% | $128.6M-2.2% | $131.6M+0.9% | $130.4M-0.5% | $131.1M-5.1% | $138.3M-8.7% | $151.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $306.0M+0.4% | $304.9M-0.2% | $305.4M-0.7% | $307.6M+0.2% | $307.1M+0.1% | $306.7M-0.5% | $308.4M-2.5% | $316.4M |
| Retained Earnings | $414.6M-0.1% | $415.1M-0.6% | $417.6M-0.3% | $419.0M+0.7% | $416.2M-0.2% | $417.0M-0.6% | $419.5M-1.4% | $425.4M |
HVT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $31.9M+341.8% | $7.2M+17.4% | $6.2M-63.6% | $16.9M+17.4% | $14.4M+359.6% | $3.1M-82.4% | $17.8M-54.6% | $39.2M |
| Capital Expenditures | $3.6M-35.9% | $5.6M-9.0% | $6.1M-21.5% | $7.8M-18.3% | $9.6M+49.3% | $6.4M-4.3% | $6.7M+12.5% | $5.9M |
| Free Cash Flow | $28.3M+1619.2% | $1.6M+6003.7% | $27K-99.7% | $9.1M+87.7% | $4.9M+248.7% | -$3.3M-129.3% | $11.1M-66.5% | $33.3M |
| Investing Cash Flow | -$3.5M+36.7% | -$5.6M+9.2% | -$6.1M+21.6% | -$7.8M+18.2% | -$9.5M-50.4% | -$6.4M+5.0% | -$6.7M-13.0% | -$5.9M |
| Financing Cash Flow | -$5.2M+16.2% | -$6.2M+23.3% | -$8.1M+20.7% | -$10.2M-52.8% | -$6.7M+0.7% | -$6.7M+72.9% | -$24.7M-205.9% | -$8.1M |
| Dividends Paid | $5.2M0.0% | $5.2M+0.1% | $5.2M0.0% | $5.2M-1.0% | $5.2M+7.8% | $4.8M-76.9% | $20.9M+328.5% | $4.9M |
| Share Buybacks | $0 | $0-100.0% | $2.0M-59.9% | $5.0M | $0 | $0-100.0% | $3.7M+15.9% | $3.2M |
HVT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 60.3%-0.5pp | 60.8%-0.4pp | 61.2%-0.7pp | 61.9%+1.5pp | 60.5%+0.1pp | 60.3%-2.0pp | 62.4%+1.6pp | 60.8% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 2.4%+0.9pp | 1.5%-0.6pp | 2.1%-2.4pp | 4.5%+2.0pp | 2.5%+1.2pp | 1.3%-5.8pp | 7.1%-0.7pp | 7.8% |
| Return on Equity | 1.6%+0.7pp | 0.9%-0.4pp | 1.2%-1.4pp | 2.7%+1.2pp | 1.5%+0.7pp | 0.8%-4.1pp | 4.9%-0.6pp | 5.4% |
| Return on Assets | 0.7%+0.3pp | 0.4%-0.2pp | 0.6%-0.7pp | 1.3%+0.6pp | 0.7%+0.3pp | 0.4%-1.9pp | 2.3%-0.2pp | 2.5% |
| Current Ratio | 1.75-0.1 | 1.810.0 | 1.810.0 | 1.82-0.0 | 1.840.0 | 1.84+0.0 | 1.82+0.0 | 1.79 |
| Debt-to-Equity | 1.13+0.0 | 1.110.0 | 1.100.0 | 1.11+0.0 | 1.090.0 | 1.09-0.0 | 1.12-0.0 | 1.14 |
| FCF Margin | 14.6%+13.7pp | 0.9%+0.9pp | 0.0%-4.9pp | 4.9%+2.2pp | 2.7%+4.5pp | -1.8%-7.1pp | 5.3%-9.8pp | 15.1% |
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Frequently Asked Questions
What is Haverty Furniture Cos Inc's annual revenue?
Haverty Furniture Cos Inc (HVT) reported $722.9M in total revenue for fiscal year 2024. This represents a -16.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Haverty Furniture Cos Inc's revenue growing?
Haverty Furniture Cos Inc (HVT) revenue declined by 16.1% year-over-year, from $862.1M to $722.9M in fiscal year 2024.
Is Haverty Furniture Cos Inc profitable?
Yes, Haverty Furniture Cos Inc (HVT) reported a net income of $20.0M in fiscal year 2024, with a net profit margin of 2.8%.
What is Haverty Furniture Cos Inc's gross margin?
Haverty Furniture Cos Inc (HVT) had a gross margin of 60.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Haverty Furniture Cos Inc's net profit margin?
Haverty Furniture Cos Inc (HVT) had a net profit margin of 2.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Haverty Furniture Cos Inc's return on equity (ROE)?
Haverty Furniture Cos Inc (HVT) has a return on equity of 6.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Haverty Furniture Cos Inc's free cash flow?
Haverty Furniture Cos Inc (HVT) generated $26.8M in free cash flow during fiscal year 2024. This represents a -39.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Haverty Furniture Cos Inc's operating cash flow?
Haverty Furniture Cos Inc (HVT) generated $58.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Haverty Furniture Cos Inc's total assets?
Haverty Furniture Cos Inc (HVT) had $648.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Haverty Furniture Cos Inc's capital expenditures?
Haverty Furniture Cos Inc (HVT) invested $32.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Haverty Furniture Cos Inc buy back shares?
Yes, Haverty Furniture Cos Inc (HVT) spent $5.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Haverty Furniture Cos Inc's current ratio?
Haverty Furniture Cos Inc (HVT) had a current ratio of 1.82 as of fiscal year 2024, which is generally considered healthy.
What is Haverty Furniture Cos Inc's debt-to-equity ratio?
Haverty Furniture Cos Inc (HVT) had a debt-to-equity ratio of 1.11 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Haverty Furniture Cos Inc's return on assets (ROA)?
Haverty Furniture Cos Inc (HVT) had a return on assets of 3.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Haverty Furniture Cos Inc's Piotroski F-Score?
Haverty Furniture Cos Inc (HVT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Haverty Furniture Cos Inc's earnings high quality?
Haverty Furniture Cos Inc (HVT) has an earnings quality ratio of 2.95x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Haverty Furniture Cos Inc?
Haverty Furniture Cos Inc (HVT) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.