Haverty Furniture Companies, In Financials

HVT-A

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Haverty Furniture Companies, In (HVT-A) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).

Rhea AI HVT-A FY2025 2026-04-22

Haverty’s stable merchandise margin is being offset by a selling-cost structure that keeps profit thin at current sales volume.

Free cash flow improved to $33.0M in FY2025 even though operating cash flow slipped to $52.6M. The driver was lower capital spending, which fell from $32.1M to $19.7M, so cash looked better without a matching improvement in the underlying earnings engine.

The gross margin held near 60.7% in both FY2024 and FY2025, but net margin stayed around 2.6%; that gap means merchandise economics were intact while store and overhead costs absorbed nearly all of the sales rebound. The cost base is behaving more like a semi-fixed store network than a flexible expense line, so modest revenue changes are not dropping through to profit.

Despite liabilities still topping equity, the balance sheet behaves conservatively: cash ended FY2025 at $125.3M while interest expense was only $162K. Inventory grew faster than sales into FY2025, which helps explain why operating cash flow softened even as revenue recovered; a sales pickup here can temporarily consume cash before it shows up in profit.

Financial Health Signals

Financial Profile 34/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Haverty Furniture Companies, In's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Haverty Furniture Companies, In's revenue grew 5.0% year-over-year to $759.0M, a solid pace of expansion. This earns a growth score of 23/100.

Leverage

Haverty Furniture Companies, In 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 79/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Haverty Furniture Companies, In's current ratio of 1.87 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Haverty Furniture Companies, In has a free cash flow margin of 4.3%, earning a moderate score of 36/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Haverty Furniture Companies, In's ROE of 6.4% shows moderate profitability relative to equity, earning a score of 31/100. This is down from 6.5% the prior year.

Piotroski F-Score Neutral

5/9

Haverty Furniture Companies, In passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.67x

For every $1 of reported earnings, Haverty Furniture Companies, In generates $2.67 in operating cash flow ($52.6M OCF vs $19.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$759.0M

YoY+5.0%

5Y CAGR+0.3%

10Y CAGR-0.6%

Haverty Furniture Companies, In generated $759.0M in revenue in fiscal year 2025. This represents an increase of 5.0% from the prior year.

EBITDA

N/A

Net Income

$19.7M

YoY-1.1%

5Y CAGR-19.7%

10Y CAGR-3.4%

Haverty Furniture Companies, In reported $19.7M in net income in fiscal year 2025. This represents a decrease of 1.1% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$33.0M

YoY+23.0%

5Y CAGR-22.7%

10Y CAGR+2.8%

Haverty Furniture Companies, In generated $33.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 23.0% from the prior year.

Cash & Debt

$125.3M

YoY+4.4%

5Y CAGR-8.9%

10Y CAGR+5.9%

Haverty Furniture Companies, In held $125.3M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

60.7%

YoY-0.1pp

5Y CAGR+4.7pp

10Y CAGR+7.2pp

Haverty Furniture Companies, In's gross margin was 60.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.

Operating Margin

N/A

Net Margin

2.6%

YoY-0.2pp

5Y CAGR-5.3pp

10Y CAGR-0.9pp

Haverty Furniture Companies, In's net profit margin was 2.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.2 percentage points from the prior year.

Return on Equity

6.4%

YoY-0.1pp

5Y CAGR-17.0pp

10Y CAGR-2.8pp

Haverty Furniture Companies, In's ROE was 6.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$4.8M

YoY-4.3%

5Y CAGR-24.7%

10Y CAGR-10.2%

Haverty Furniture Companies, In spent $4.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 4.3% from the prior year.

Capital Expenditures

$19.7M

YoY-38.7%

5Y CAGR+12.5%

10Y CAGR-3.2%

Haverty Furniture Companies, In invested $19.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 38.7% from the prior year.

HVT-A Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$759.0M+5.0%	$722.9M-16.1%	$862.1M-17.7%	$1.0B+3.4%	$1.0B+35.4%	$748.3M
Cost of Revenue	$298.5M+5.2%	$283.8M-16.3%	$339.0M-23.5%	$443.0M+1.1%	$438.2M+33.1%	$329.3M
Gross Profit	$460.5M+4.9%	$439.1M-16.1%	$523.1M-13.4%	$604.2M+5.2%	$574.6M+37.1%	$419.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$439.3M+4.8%	$419.2M-8.0%	$455.8M-6.3%	$486.3M+6.6%	$456.3M+20.9%	$377.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$162K-0.6%	$163K+0.6%	$162K+5.2%	$154K+1.3%	$152K-61.1%	$391K
Income Tax	$7.1M+14.6%	$6.2M-62.2%	$16.4M-45.6%	$30.1M+8.7%	$27.7M+57.7%	$17.6M
Net Income	$19.7M-1.1%	$20.0M-64.6%	$56.3M-37.0%	$89.4M-1.6%	$90.8M+53.5%	$59.1M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$201.9M+3.8%	$194.5M+7.4%	$181.0M-0.3%	$181.6M-1.5%	$184.4M+4.8%	$175.9M-1.5%	$178.6M-2.9%	$184.0M
Cost of Revenue	$79.9M+3.4%	$77.2M+8.9%	$70.9M+0.6%	$70.5M+0.4%	$70.2M+0.3%	$70.0M-0.9%	$70.7M-3.2%	$73.0M
Gross Profit	$122.0M+4.1%	$117.3M+6.5%	$110.1M-0.9%	$111.1M-2.7%	$114.2M+7.8%	$105.9M-1.9%	$108.0M-2.7%	$111.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$112.5M+0.1%	$112.3M+4.7%	$107.3M+0.1%	$107.2M+1.3%	$105.8M+4.8%	$100.9M-2.1%	$103.1M-5.7%	$109.4M
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	N/A	N/A	$1.6M
Income Tax	$2.3M+33.0%	$1.7M+3.6%	$1.6M+8.1%	$1.5M+5.4%	$1.4M-26.0%	$1.9M-3.6%	$2.0M+151.2%	$802K
Net Income	$8.5M+80.5%	$4.7M+75.9%	$2.7M-28.8%	$3.8M-53.9%	$8.2M+66.3%	$4.9M+11.0%	$4.4M+85.5%	$2.4M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HVT-A Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$649.1M0.0%	$648.7M-0.8%	$654.1M+0.8%	$649.0M-5.4%	$686.3M+0.9%	$680.4M
Current Assets	$249.3M+4.4%	$238.9M-5.0%	$251.6M-8.9%	$276.3M-10.6%	$309.1M-2.3%	$316.2M
Cash & Equivalents	$125.3M+4.4%	$120.0M-0.5%	$120.6M-2.0%	$123.1M-25.9%	$166.1M-17.0%	$200.1M
Inventory	$96.2M+15.3%	$83.4M-11.2%	$94.0M-20.6%	$118.3M+5.6%	$112.0M+24.6%	$89.9M
Accounts Receivable	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
Total Liabilities	$341.1M0.0%	$341.2M-1.3%	$345.8M-3.9%	$359.6M-16.4%	$430.3M+0.7%	$427.4M
Current Liabilities	$133.4M+1.4%	$131.6M-4.8%	$138.3M-10.5%	$154.4M-26.6%	$210.4M+3.1%	$204.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$307.9M+0.1%	$307.6M-0.3%	$308.4M+6.6%	$289.4M+13.1%	$256.0M+1.2%	$253.0M
Retained Earnings	$417.9M-0.3%	$419.0M-0.1%	$419.5M+5.3%	$398.4M+16.2%	$343.0M+12.6%	$304.6M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$649.1M-0.4%	$651.7M+1.4%	$642.7M0.0%	$642.7M-0.9%	$648.7M-1.6%	$659.3M+2.7%	$642.1M+0.2%	$640.5M
Current Assets	$249.3M-0.6%	$250.8M+6.2%	$236.1M+1.5%	$232.7M-2.6%	$238.9M-4.5%	$250.1M+4.0%	$240.4M-0.2%	$241.0M
Cash & Equivalents	$125.3M-4.0%	$130.5M+21.6%	$107.4M-4.1%	$111.9M-6.7%	$120.0M-0.9%	$121.2M+10.2%	$109.9M-1.7%	$111.8M
Inventory	$96.2M+4.1%	$92.4M-0.9%	$93.3M+5.1%	$88.7M+6.3%	$83.4M-5.9%	$88.7M-4.0%	$92.4M+0.4%	$92.1M
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	$341.1M-1.3%	$345.7M+2.3%	$337.8M+0.1%	$337.3M-1.1%	$341.2M-2.9%	$351.5M+4.9%	$335.0M+0.3%	$333.8M
Current Liabilities	$133.4M-6.9%	$143.3M+9.8%	$130.5M+1.5%	$128.6M-2.2%	$131.6M-4.5%	$137.8M+5.6%	$130.4M-0.5%	$131.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$307.9M+0.6%	$306.0M+0.4%	$304.9M-0.2%	$305.4M-0.7%	$307.6M-0.1%	$307.8M+0.2%	$307.1M+0.1%	$306.7M
Retained Earnings	$417.9M+0.8%	$414.6M-0.1%	$415.1M-0.6%	$417.6M-0.3%	$419.0M+0.7%	$415.9M-0.1%	$416.2M-0.2%	$417.0M

HVT-A Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$52.6M-10.6%	$58.9M-39.4%	$97.2M+90.5%	$51.0M-47.5%	$97.2M-25.3%	$130.2M
Capital Expenditures	$19.7M-38.7%	$32.1M-39.6%	$53.1M+87.0%	$28.4M-16.7%	$34.1M+212.0%	$10.9M
Free Cash Flow	$33.0M+23.0%	$26.8M-39.2%	$44.1M+95.0%	$22.6M-64.2%	$63.2M-47.0%	$119.3M
Investing Cash Flow	-$19.6M+38.2%	-$31.6M+40.4%	-$53.1M-87.3%	-$28.3M+16.7%	-$34.0M-152.0%	$65.4M
Financing Cash Flow	-$27.5M+4.2%	-$28.7M+37.9%	-$46.3M+29.5%	-$65.6M+32.5%	-$97.1M-36.5%	-$71.2M
Dividends Paid	$20.8M+1.8%	$20.5M-41.9%	$35.2M+3.8%	$33.9M-35.3%	$52.4M+3.8%	$50.5M
Share Buybacks	$4.8M-4.3%	$5.0M-27.6%	$6.9M-77.0%	$30.0M-28.2%	$41.8M+112.1%	$19.7M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$7.4M-76.9%	$31.9M+341.8%	$7.2M+17.4%	$6.2M-63.6%	$16.9M-30.8%	$24.4M+69.7%	$14.4M+359.6%	$3.1M
Capital Expenditures	$4.4M+22.9%	$3.6M-35.9%	$5.6M-9.0%	$6.1M-21.5%	$7.8M-6.3%	$8.3M-12.8%	$9.6M+49.3%	$6.4M
Free Cash Flow	$3.0M-89.5%	$28.3M+1619.2%	$1.6M+6003.7%	$27K-99.7%	$9.1M-43.4%	$16.1M+232.0%	$4.9M+248.7%	-$3.3M
Investing Cash Flow	-$4.4M-23.7%	-$3.5M+36.7%	-$5.6M+9.2%	-$6.1M+21.6%	-$7.8M+1.5%	-$7.9M+17.0%	-$9.5M-50.4%	-$6.4M
Financing Cash Flow	-$8.1M-56.5%	-$5.2M+16.2%	-$6.2M+23.3%	-$8.1M+20.7%	-$10.2M-94.5%	-$5.2M+21.5%	-$6.7M+0.7%	-$6.7M
Dividends Paid	$5.3M+2.4%	$5.2M0.0%	$5.2M+0.1%	$5.2M0.0%	$5.2M-1.0%	$5.2M0.0%	$5.2M+7.8%	$4.8M
Share Buybacks	$2.8M	$0	$0-100.0%	$2.0M-59.9%	$5.0M	$0	$0	$0

HVT-A Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	60.7%-0.1pp	60.7%+0.1pp	60.7%+3.0pp	57.7%+1.0pp	56.7%+0.7pp	56.0%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	2.6%-0.2pp	2.8%-3.8pp	6.5%-2.0pp	8.5%-0.4pp	9.0%+1.1pp	7.9%
Return on Equity	6.4%-0.1pp	6.5%-11.8pp	18.3%-12.6pp	30.9%-4.6pp	35.5%+12.1pp	23.4%
Return on Assets	3.0%-0.0pp	3.1%-5.5pp	8.6%-5.2pp	13.8%+0.5pp	13.2%+4.5pp	8.7%
Current Ratio	1.87+0.1	1.820.0	1.82+0.0	1.79+0.3	1.47-0.1	1.55
Debt-to-Equity	1.110.0	1.11-0.0	1.12-0.1	1.24-0.4	1.680.0	1.69
FCF Margin	4.3%+0.6pp	3.7%-1.4pp	5.1%+2.9pp	2.2%-4.1pp	6.2%-9.7pp	15.9%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	60.4%+0.2pp	60.3%-0.5pp	60.8%-0.4pp	61.2%-0.7pp	61.9%+1.7pp	60.2%-0.2pp	60.5%+0.1pp	60.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	4.2%+1.8pp	2.4%+0.9pp	1.5%-0.6pp	2.1%-2.4pp	4.5%+1.6pp	2.8%+0.3pp	2.5%+1.2pp	1.3%
Return on Equity	2.8%+1.2pp	1.6%+0.7pp	0.9%-0.4pp	1.2%-1.4pp	2.7%+1.1pp	1.6%+0.1pp	1.5%+0.7pp	0.8%
Return on Assets	1.3%+0.6pp	0.7%+0.3pp	0.4%-0.2pp	0.6%-0.7pp	1.3%+0.5pp	0.8%+0.1pp	0.7%+0.3pp	0.4%
Current Ratio	1.87+0.1	1.75-0.1	1.810.0	1.810.0	1.820.0	1.82-0.0	1.840.0	1.84
Debt-to-Equity	1.11-0.0	1.13+0.0	1.110.0	1.100.0	1.11-0.0	1.14+0.1	1.090.0	1.09
FCF Margin	1.5%-13.1pp	14.6%+13.7pp	0.9%+0.9pp	0.0%-4.9pp	4.9%-4.2pp	9.2%+6.4pp	2.7%+4.5pp	-1.8%

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Frequently Asked Questions

What is Haverty Furniture Companies, In's annual revenue?

Haverty Furniture Companies, In (HVT-A) reported $759.0M in total revenue for fiscal year 2025. This represents a 5.0% 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 Companies, In's revenue growing?

Haverty Furniture Companies, In (HVT-A) revenue grew by 5% year-over-year, from $722.9M to $759.0M in fiscal year 2025.

Is Haverty Furniture Companies, In profitable?

Yes, Haverty Furniture Companies, In (HVT-A) reported a net income of $19.7M in fiscal year 2025, with a net profit margin of 2.6%.

What is Haverty Furniture Companies, In's gross margin?

Haverty Furniture Companies, In (HVT-A) had a gross margin of 60.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Haverty Furniture Companies, In's net profit margin?

Haverty Furniture Companies, In (HVT-A) had a net profit margin of 2.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Haverty Furniture Companies, In's return on equity (ROE)?

Haverty Furniture Companies, In (HVT-A) has a return on equity of 6.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Haverty Furniture Companies, In's free cash flow?

Haverty Furniture Companies, In (HVT-A) generated $33.0M in free cash flow during fiscal year 2025. This represents a 23.0% 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 Companies, In's operating cash flow?

Haverty Furniture Companies, In (HVT-A) generated $52.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Haverty Furniture Companies, In's total assets?

Haverty Furniture Companies, In (HVT-A) had $649.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Haverty Furniture Companies, In's capital expenditures?

Haverty Furniture Companies, In (HVT-A) invested $19.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Haverty Furniture Companies, In buy back shares?

Yes, Haverty Furniture Companies, In (HVT-A) spent $4.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Haverty Furniture Companies, In's current ratio?

Haverty Furniture Companies, In (HVT-A) had a current ratio of 1.87 as of fiscal year 2025, which is generally considered healthy.

What is Haverty Furniture Companies, In's debt-to-equity ratio?

Haverty Furniture Companies, In (HVT-A) had a debt-to-equity ratio of 1.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Haverty Furniture Companies, In's return on assets (ROA)?

Haverty Furniture Companies, In (HVT-A) had a return on assets of 3.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Haverty Furniture Companies, In's Piotroski F-Score?

Haverty Furniture Companies, In (HVT-A) has a Piotroski F-Score of 5 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Haverty Furniture Companies, In's earnings high quality?

Haverty Furniture Companies, In (HVT-A) has an earnings quality ratio of 2.67x, 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 Companies, In?

Haverty Furniture Companies, In (HVT-A) scores 34 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.