Haverty Furniture Companies (HVT) Financials

$20.77 -0.04 (-0.19%)

As of 05/20/2025 03:59 PM Eastern

Annual Income Statements for Haverty Furniture Companies

This table shows Haverty Furniture Companies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	20	56	91
Consolidated Net Income / (Loss)	20	56	89
Net Income / (Loss) Continuing Operations	20	56	89
Total Pre-Tax Income	26	73	120
Total Operating Income	20	67	118
Total Gross Profit	439	523	604
Total Revenue	723	862	1,047
Operating Revenue	723	862	1,047
Total Cost of Revenue	284	339	443
Operating Cost of Revenue	284	339	443
Total Operating Expenses	419	456	486
Selling, General & Admin Expense	419	456	486
Other Operating Expenses / (Income)	-0.21	0.08	0.04
Total Other Income / (Expense), net	6.08	5.51	1.62
Interest Expense	-6.08	-5.51	-1.62
Income Tax Expense	6.20	16	30
Basic Earnings per Share	$2.38	$6.77	$10.60
Weighted Average Basic Shares Outstanding	16.19M	16.15M	16.15M
Diluted Earnings per Share	$2.34	$6.61	$10.31
Weighted Average Diluted Shares Outstanding	16.19M	16.15M	16.15M
Weighted Average Basic & Diluted Shares Outstanding	16.19M	16.15M	16.15M

This table shows Haverty Furniture Companies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	8.31	4.93	4.44	2.39	15	17	12	12	25	25
Consolidated Net Income / (Loss)	8.20	4.93	4.44	2.39	15	17	12	12	24	25
Net Income / (Loss) Continuing Operations	8.20	4.93	4.44	2.39	15	17	12	12	24	25
Total Pre-Tax Income	9.63	6.87	6.45	3.20	19	23	16	15	33	33
Total Operating Income	8.13	5.31	4.99	1.64	17	21	15	14	32	32
Total Gross Profit	114	106	108	111	131	134	125	133	160	157
Total Revenue	184	176	179	184	211	220	206	225	281	274
Operating Revenue	184	176	179	184	211	220	206	225	281	274
Total Cost of Revenue	70	70	71	73	79	86	81	92	121	118
Operating Cost of Revenue	70	70	71	73	79	86	81	92	121	118
Total Operating Expenses	106	101	103	109	115	113	110	118	128	125
Selling, General & Admin Expense	106	101	103	109	115	113	110	118	128	125
Other Operating Expenses / (Income)	0.20	-0.33	-0.10	0.02	0.01	0.06	0.01	-0.00	-0.13	0.06
Total Other Income / (Expense), net	1.50	1.56	1.47	1.56	1.81	1.72	0.97	1.01	0.92	0.48
Interest Expense	-1.50	-1.56	-1.47	-1.56	-1.81	-1.72	-0.97	-1.01	-0.92	-0.48
Income Tax Expense	1.44	1.94	2.02	0.80	3.50	5.78	4.05	3.07	8.77	8.06
Basic Earnings per Share	$1.00	$0.58	$0.52	$0.28	$1.82	$2.05	$1.41	$1.49	$2.88	$2.94
Weighted Average Basic Shares Outstanding	16.19M	16.41M	16.41M	16.24M	16.15M	16.27M	16.37M	16.26M	16.15M	16.15M
Diluted Earnings per Share	$0.98	$0.57	$0.52	$0.27	$1.79	$2.00	$1.37	$1.45	$2.80	$2.86
Weighted Average Diluted Shares Outstanding	16.19M	16.41M	16.41M	16.24M	16.15M	16.27M	16.37M	16.26M	16.15M	16.15M
Weighted Average Basic & Diluted Shares Outstanding	16.19M	16.41M	16.41M	16.24M	16.15M	16.27M	16.37M	16.26M	16.15M	16.15M

This table details how cash moves in and out of Haverty Furniture Companies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-1.46	-2.15	-43
Net Cash From Operating Activities	59	97	51
Net Cash From Continuing Operating Activities	59	97	51
Net Income / (Loss) Continuing Operations	20	56	89
Consolidated Net Income / (Loss)	20	56	89
Depreciation Expense	22	19	17
Non-Cash Adjustments To Reconcile Net Income	7.71	9.24	-43
Changes in Operating Assets and Liabilities, net	9.63	13	-13
Net Cash From Investing Activities	-32	-53	-28
Net Cash From Continuing Investing Activities	-32	-53	-28
Purchase of Property, Plant & Equipment	-32	-53	-28
Sale of Property, Plant & Equipment	0.46	0.05	0.09
Net Cash From Financing Activities	-29	-46	-66
Net Cash From Continuing Financing Activities	-29	-46	-66
Repurchase of Common Equity	-4.99	-6.90	-30
Payment of Dividends	-20	-35	-34
Other Financing Activities, net	-3.28	-4.16	-1.68
Cash Interest Paid	0.16	0.16	0.13
Cash Income Taxes Paid	3.40	23	28

This table details how cash moves in and out of Haverty Furniture Companies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-1.05	11	-1.80	-9.91	-14	25	-11	-2.88	-14	-6.20
Net Cash From Operating Activities	17	24	14	3.14	18	39	29	11	13	12
Net Cash From Continuing Operating Activities	17	24	14	3.14	18	39	29	11	13	12
Net Income / (Loss) Continuing Operations	8.20	4.93	4.44	2.39	15	17	12	12	24	25
Consolidated Net Income / (Loss)	8.20	4.93	4.44	2.39	15	17	12	12	24	25
Depreciation Expense	5.88	5.58	5.20	4.95	4.78	4.81	4.66	4.36	4.18	4.08
Non-Cash Adjustments To Reconcile Net Income	2.06	-2.69	0.56	7.78	6.04	1.40	2.27	-0.47	-29	-16
Changes in Operating Assets and Liabilities, net	0.78	17	4.21	-12	-7.99	16	10	-5.19	14	-0.41
Net Cash From Investing Activities	-7.81	-7.92	-9.55	-6.35	-6.69	-5.92	-34	-6.64	-6.28	-8.55
Net Cash From Continuing Investing Activities	-7.81	-7.92	-9.55	-6.35	-6.69	-5.92	-34	-6.64	-6.28	-8.55
Purchase of Property, Plant & Equipment	-7.81	-8.33	-9.55	-6.40	-6.69	-5.95	-34	-6.66	-6.30	-8.56
Net Cash From Financing Activities	-10	-5.23	-6.65	-6.70	-25	-8.08	-6.18	-7.32	-21	-9.55
Net Cash From Continuing Financing Activities	-10	-5.23	-6.65	-6.70	-25	-8.08	-6.18	-7.32	-21	-9.55
Repurchase of Common Equity	-4.99	-	-	-	-3.70	-	-	-	-	-5.00
Payment of Dividends	-5.17	-5.23	-5.23	-4.85	-21	-4.89	-4.89	-4.53	-21	-4.55

This table presents Haverty Furniture Companies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	649	654	649
Total Current Assets	239	252	276
Cash & Equivalents	120	121	123
Restricted Cash	6.28	7.14	6.80
Inventories, net	83	94	118
Prepaid Expenses	15	17	9.71
Other Current Assets	15	13	18
Plant, Property, & Equipment, net	183	172	137
Total Noncurrent Assets	227	231	235
Noncurrent Deferred & Refundable Income Taxes	17	16	16
Other Noncurrent Operating Assets	210	215	220
Total Liabilities & Shareholders' Equity	649	654	649
Total Liabilities	341	346	360
Total Current Liabilities	132	138	154
Accounts Payable	15	19	23
Accrued Expenses	40	46	49
Customer Deposits	41	36	48
Other Current Liabilities	36	37	34
Total Noncurrent Liabilities	210	208	205
Capital Lease Obligations	182	180	187
Other Noncurrent Operating Liabilities	28	27	18
Total Equity & Noncontrolling Interests	308	308	289
Total Preferred & Common Equity	308	308	289
Preferred Stock	0.00	0.00	0.00
Total Common Equity	308	308	289
Common Stock	149	145	141
Retained Earnings	419	419	398
Accumulated Other Comprehensive Income / (Loss)	-0.87	-0.98	-0.76
Other Equity Adjustments	-260	-255	-249

This table presents Haverty Furniture Companies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	659	642	641	677	656	648	693
Total Current Assets	250	240	241	271	257	272	310
Cash & Equivalents	121	110	112	134	109	120	137
Restricted Cash	6.21	6.13	6.05	7.05	6.96	6.88	6.75
Inventories, net	89	92	92	102	115	114	137
Prepaid Expenses	17	16	17	13	12	11	12
Other Current Assets	18	15	14	14	15	20	17
Plant, Property, & Equipment, net	180	177	173	170	169	139	135
Total Noncurrent Assets	230	224	226	235	230	237	248
Noncurrent Deferred & Refundable Income Taxes	16	15	16	18	17	16	18
Other Noncurrent Operating Assets	214	209	211	218	213	221	230
Total Liabilities & Shareholders' Equity	659	642	641	677	656	648	693
Total Liabilities	352	335	334	360	351	352	409
Total Current Liabilities	138	130	131	151	144	139	193
Accounts Payable	18	18	17	21	20	16	25
Accrued Expenses	39	37	36	46	42	40	53
Customer Deposits	44	39	41	46	46	46	80
Other Current Liabilities	36	37	38	38	37	36	35
Total Noncurrent Liabilities	214	205	203	209	206	213	217
Capital Lease Obligations	186	177	175	182	179	-	197
Other Noncurrent Operating Liabilities	28	28	28	27	27	213	20
Total Equity & Noncontrolling Interests	308	307	307	316	306	296	284
Total Preferred & Common Equity	308	307	307	316	306	296	284
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	308	307	307	316	306	296	284
Common Stock	148	147	146	144	142	140	139
Retained Earnings	416	416	417	425	413	406	395
Accumulated Other Comprehensive Income / (Loss)	-0.98	-0.98	-0.98	-0.76	-0.76	-0.76	-2.17
Other Equity Adjustments	-255	-255	-255	-252	-249	-249	-249

This table displays calculated financial ratios and metrics derived from Haverty Furniture Companies' official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-16.15%	-17.67%	3.40%
EBITDA Growth	-51.42%	-36.35%	0.15%
EBIT Growth	-70.13%	-42.99%	-0.36%
NOPAT Growth	-70.58%	-40.95%	-2.73%
Net Income Growth	-64.57%	-36.97%	-1.59%
EPS Growth	-64.60%	-35.89%	7.51%
Operating Cash Flow Growth	-39.40%	90.54%	-47.54%
Free Cash Flow Firm Growth	-65.33%	121.35%	-168.94%
Invested Capital Growth	0.65%	4.24%	316.70%
Revenue Q/Q Growth	-3.52%	-7.49%	1.42%
EBITDA Q/Q Growth	-15.17%	-14.28%	-0.35%
EBIT Q/Q Growth	-29.90%	-18.14%	-0.39%
NOPAT Q/Q Growth	-30.00%	-15.48%	-1.35%
Net Income Q/Q Growth	-25.43%	-13.43%	-0.63%
EPS Q/Q Growth	-25.71%	-13.25%	1.58%
Operating Cash Flow Q/Q Growth	-1.52%	5.44%	9.84%
Free Cash Flow Firm Q/Q Growth	1.23%	-8.06%	6.85%
Invested Capital Q/Q Growth	-0.85%	1.01%	2.94%
Profitability Metrics	-	-	-
Gross Margin	60.74%	60.67%	57.70%
EBITDA Margin	5.77%	9.95%	12.87%
Operating Margin	2.78%	7.80%	11.26%
EBIT Margin	2.78%	7.80%	11.26%
Profit (Net Income) Margin	2.76%	6.53%	8.53%
Tax Burden Percent	76.30%	77.46%	74.78%
Interest Burden Percent	130.30%	108.20%	101.37%
Effective Tax Rate	23.70%	22.54%	25.22%
Return on Invested Capital (ROIC)	4.23%	14.72%	41.05%
ROIC Less NNEP Spread (ROIC-NNEP)	12.79%	22.51%	38.97%
Return on Net Nonoperating Assets (RNNOA)	2.25%	4.12%	-8.28%
Return on Equity (ROE)	6.48%	18.84%	32.77%
Cash Return on Invested Capital (CROIC)	3.58%	10.57%	-81.53%
Operating Return on Assets (OROA)	3.08%	10.31%	17.66%
Return on Assets (ROA)	3.06%	8.64%	13.38%
Return on Common Equity (ROCE)	6.48%	18.84%	32.77%
Return on Equity Simple (ROE_SIMPLE)	6.49%	18.26%	30.88%
Net Operating Profit after Tax (NOPAT)	15	52	88
NOPAT Margin	2.12%	6.04%	8.42%
Net Nonoperating Expense Percent (NNEP)	-8.56%	-7.79%	2.09%
Return On Investment Capital (ROIC_SIMPLE)	3.13%	10.65%	18.51%
Cost of Revenue to Revenue	39.26%	39.33%	42.30%
SG&A Expenses to Revenue	57.99%	52.87%	46.44%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	57.96%	52.88%	46.44%
Earnings before Interest and Taxes (EBIT)	20	67	118
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	42	86	135
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.17	1.76	1.47
Price to Tangible Book Value (P/TBV)	1.17	1.76	1.47
Price to Revenue (P/Rev)	0.50	0.63	0.41
Price to Earnings (P/E)	17.93	9.70	4.67
Dividend Yield	5.74%	3.53%	4.15%
Earnings Yield	5.58%	10.31%	21.41%
Enterprise Value to Invested Capital (EV/IC)	1.14	1.65	1.39
Enterprise Value to Revenue (EV/Rev)	0.58	0.69	0.46
Enterprise Value to EBITDA (EV/EBITDA)	9.97	6.95	3.57
Enterprise Value to EBIT (EV/EBIT)	20.71	8.88	4.08
Enterprise Value to NOPAT (EV/NOPAT)	27.14	11.46	5.46
Enterprise Value to Operating Cash Flow (EV/OCF)	7.06	6.14	9.44
Enterprise Value to Free Cash Flow (EV/FCFF)	32.08	15.96	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.59	0.59	0.65
Long-Term Debt to Equity	0.59	0.59	0.65
Financial Leverage	0.18	0.18	-0.21
Leverage Ratio	2.12	2.18	2.45
Compound Leverage Factor	2.76	2.36	2.48
Debt to Total Capital	37.19%	36.91%	39.23%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	37.19%	36.91%	39.23%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.81%	63.09%	60.77%
Debt to EBITDA	4.37	2.10	1.39
Net Debt to EBITDA	1.34	0.61	0.42
Long-Term Debt to EBITDA	4.37	2.10	1.39
Debt to NOPAT	11.89	3.47	2.12
Net Debt to NOPAT	3.64	1.01	0.65
Long-Term Debt to NOPAT	11.89	3.47	2.12
Altman Z-Score	2.95	3.71	4.01
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	1.82	1.82	1.79
Quick Ratio	0.91	0.87	0.80
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	13	37	-175
Operating Cash Flow to CapEx	186.24%	183.19%	180.11%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.11	1.32	1.57
Accounts Receivable Turnover	0.00	0.00	0.00
Inventory Turnover	3.20	3.19	3.85
Fixed Asset Turnover	4.08	5.58	7.95
Accounts Payable Turnover	16.85	16.10	16.23
Days Sales Outstanding (DSO)	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	114.05	114.27	94.90
Days Payable Outstanding (DPO)	21.67	22.68	22.49
Cash Conversion Cycle (CCC)	92.39	91.60	72.42
Capital & Investment Metrics	-	-	-
Invested Capital	363	361	346
Invested Capital Turnover	2.00	2.44	4.88
Increase / (Decrease) in Invested Capital	2.36	15	263
Enterprise Value (EV)	416	597	481
Market Capitalization	360	544	424
Book Value per Share	$18.74	$18.95	$17.92
Tangible Book Value per Share	$18.74	$18.95	$17.92
Total Capital	490	489	476
Total Debt	182	180	187
Total Long-Term Debt	182	180	187
Net Debt	56	53	57
Capital Expenditures (CapEx)	32	53	28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-19	-14	-8.11
Debt-free Net Working Capital (DFNWC)	107	113	122
Net Working Capital (NWC)	107	113	122
Net Nonoperating Expense (NNE)	-4.64	-4.27	-1.21
Net Nonoperating Obligations (NNO)	56	53	57
Total Depreciation and Amortization (D&A)	22	19	17
Debt-free, Cash-free Net Working Capital to Revenue	-2.63%	-1.68%	-0.77%
Debt-free Net Working Capital to Revenue	14.85%	13.15%	11.63%
Net Working Capital to Revenue	14.85%	13.15%	11.63%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.38	$6.77	$10.60
Adjusted Weighted Average Basic Shares Outstanding	16.19M	16.15M	16.15M
Adjusted Diluted Earnings per Share	$2.34	$6.61	$10.31
Adjusted Weighted Average Diluted Shares Outstanding	16.19M	16.15M	16.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.19M	16.15M	16.15M
Normalized Net Operating Profit after Tax (NOPAT)	15	52	88
Normalized NOPAT Margin	2.12%	6.04%	8.42%
Pre Tax Income Margin	3.62%	8.43%	11.41%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	102.57%	62.57%	37.99%
Augmented Payout Ratio	127.58%	74.81%	71.56%

This table displays calculated financial ratios and metrics derived from Haverty Furniture Companies' official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.52%	-20.17%	-13.41%	-18.13%	-24.88%	-19.73%	-18.53%	-5.94%	5.50%	5.42%
EBITDA Growth	-34.72%	-58.15%	-47.81%	-64.95%	-39.97%	-28.13%	-40.70%	-37.20%	-1.32%	0.54%
EBIT Growth	-51.28%	-74.96%	-66.46%	-88.63%	-47.14%	-33.97%	-47.89%	-43.74%	-1.42%	0.89%
NOPAT Growth	-48.87%	-76.00%	-69.02%	-89.38%	-41.32%	-34.40%	-48.76%	-40.11%	-4.93%	0.00%
Net Income Growth	-45.36%	-71.27%	-62.36%	-80.66%	-36.81%	-30.13%	-45.68%	-36.10%	-2.34%	1.31%
EPS Growth	-45.25%	-71.50%	-62.04%	-81.38%	-36.07%	-30.07%	-44.98%	-32.87%	6.06%	11.72%
Operating Cash Flow Growth	-5.10%	-37.71%	-50.41%	-71.69%	39.13%	229.94%	407.32%	-46.19%	55.45%	-62.07%
Free Cash Flow Firm Growth	502.00%	-4.03%	108.91%	-247.48%	99.53%	98.00%	82.78%	160.61%	-228.04%	-214.19%
Invested Capital Growth	0.65%	2.54%	-0.09%	114.63%	4.24%	6.22%	16.97%	-41.32%	316.70%	468.76%
Revenue Q/Q Growth	4.80%	-1.52%	-2.91%	-12.69%	-4.36%	6.81%	-8.22%	-19.89%	2.21%	8.40%
EBITDA Q/Q Growth	28.69%	6.92%	54.68%	-69.33%	-17.49%	33.32%	3.89%	-47.47%	-1.22%	10.00%
EBIT Q/Q Growth	53.15%	6.52%	204.02%	-90.18%	-21.30%	42.71%	3.03%	-54.32%	-1.69%	12.64%
NOPAT Q/Q Growth	81.69%	11.08%	179.17%	-90.93%	-14.69%	43.38%	-4.28%	-49.87%	-4.64%	11.99%
Net Income Q/Q Growth	66.34%	11.04%	85.46%	-84.05%	-12.55%	45.47%	-4.69%	-47.88%	-3.31%	13.10%
EPS Q/Q Growth	71.93%	9.62%	92.59%	-84.92%	-10.50%	45.99%	-5.52%	-48.21%	-2.10%	14.86%
Operating Cash Flow Q/Q Growth	-30.79%	69.69%	359.55%	-82.42%	-54.57%	35.08%	162.36%	-13.59%	7.73%	107.70%
Free Cash Flow Firm Q/Q Growth	186.62%	-239.61%	101.96%	-16,892.76%	77.59%	88.04%	-132.38%	154.47%	5.12%	-2.91%
Invested Capital Q/Q Growth	-0.85%	-0.42%	1.23%	0.70%	1.01%	-2.97%	117.47%	-51.09%	2.94%	6.84%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	61.92%	60.21%	60.45%	60.34%	62.36%	60.81%	60.54%	59.08%	57.01%	57.09%
EBITDA Margin	7.60%	6.19%	5.70%	3.58%	10.19%	11.81%	9.46%	8.36%	12.75%	13.19%
Operating Margin	4.41%	3.02%	2.79%	0.89%	7.92%	9.63%	7.21%	6.42%	11.26%	11.70%
EBIT Margin	4.41%	3.02%	2.79%	0.89%	7.92%	9.63%	7.21%	6.42%	11.26%	11.70%
Profit (Net Income) Margin	4.45%	2.80%	2.48%	1.30%	7.12%	7.79%	5.72%	5.50%	8.46%	8.94%
Tax Burden Percent	85.08%	71.72%	68.77%	74.90%	81.08%	74.80%	74.45%	80.14%	73.03%	75.29%
Interest Burden Percent	118.44%	129.37%	129.42%	194.82%	110.82%	108.10%	106.55%	107.00%	102.91%	101.50%
Effective Tax Rate	14.92%	28.28%	31.23%	25.10%	18.92%	25.20%	25.55%	19.86%	26.97%	24.71%
Return on Invested Capital (ROIC)	7.49%	4.48%	4.14%	2.06%	15.66%	19.35%	15.49%	23.21%	40.10%	46.01%
ROIC Less NNEP Spread (ROIC-NNEP)	9.85%	6.73%	5.77%	-1.26%	18.33%	22.09%	16.79%	21.57%	38.94%	45.60%
Return on Net Nonoperating Assets (RNNOA)	1.73%	1.07%	1.16%	0.15%	3.36%	3.45%	3.25%	-3.83%	-8.28%	-14.24%
Return on Equity (ROE)	9.23%	5.56%	5.30%	2.20%	19.02%	22.80%	18.74%	19.38%	31.82%	31.77%
Cash Return on Invested Capital (CROIC)	3.58%	3.54%	9.33%	-57.21%	10.57%	11.72%	4.82%	87.20%	-81.53%	-95.01%
Operating Return on Assets (OROA)	4.90%	3.39%	3.41%	1.14%	10.48%	13.10%	10.52%	9.88%	17.66%	16.59%
Return on Assets (ROA)	4.93%	3.14%	3.04%	1.66%	9.42%	10.59%	8.35%	8.47%	13.27%	12.68%
Return on Common Equity (ROCE)	9.23%	5.56%	5.30%	2.20%	19.02%	22.80%	18.74%	19.38%	31.82%	31.77%
Return on Equity Simple (ROE_SIMPLE)	0.00%	8.69%	12.70%	15.11%	0.00%	20.56%	23.71%	27.79%	0.00%	31.71%
Net Operating Profit after Tax (NOPAT)	6.92	3.81	3.43	1.23	14	16	11	12	23	24
NOPAT Margin	3.75%	2.17%	1.92%	0.67%	6.42%	7.20%	5.37%	5.14%	8.22%	8.81%
Net Nonoperating Expense Percent (NNEP)	-2.35%	-2.25%	-1.63%	3.32%	-2.67%	-2.74%	-1.31%	1.64%	1.16%	0.40%
Return On Investment Capital (ROIC_SIMPLE)	1.41%	-	-	-	2.77%	-	-	-	4.84%	-
Cost of Revenue to Revenue	38.08%	39.79%	39.55%	39.66%	37.64%	39.19%	39.46%	40.92%	42.99%	42.91%
SG&A Expenses to Revenue	57.40%	57.38%	57.71%	59.43%	54.43%	51.16%	53.33%	52.66%	45.79%	45.37%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	57.51%	57.19%	57.66%	59.45%	54.44%	51.18%	53.34%	52.66%	45.75%	45.39%
Earnings before Interest and Taxes (EBIT)	8.13	5.31	4.99	1.64	17	21	15	14	32	32
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	11	10	6.59	21	26	20	19	36	36
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	1.46	1.34	1.78	1.76	1.39	1.50	1.60	1.47	1.26
Price to Tangible Book Value (P/TBV)	1.17	1.46	1.34	1.78	1.76	1.39	1.50	1.60	1.47	1.26
Price to Revenue (P/Rev)	0.50	0.60	0.52	0.66	0.63	0.47	0.46	0.46	0.41	0.35
Price to Earnings (P/E)	17.93	16.99	10.59	11.81	9.70	6.59	6.20	5.66	4.67	3.96
Dividend Yield	5.74%	4.51%	6.01%	3.56%	3.53%	4.33%	4.05%	3.81%	4.15%	4.85%
Earnings Yield	5.58%	5.89%	9.44%	8.47%	10.31%	15.17%	16.14%	17.66%	21.41%	25.27%
Enterprise Value to Invested Capital (EV/IC)	1.14	1.39	1.28	1.65	1.65	1.34	1.41	2.06	1.39	1.22
Enterprise Value to Revenue (EV/Rev)	0.58	0.68	0.59	0.73	0.69	0.51	0.53	0.34	0.46	0.40
Enterprise Value to EBITDA (EV/EBITDA)	9.97	10.37	7.34	8.17	6.95	4.79	4.72	2.81	3.57	3.03
Enterprise Value to EBIT (EV/EBIT)	20.71	17.79	10.59	11.05	8.88	5.84	5.60	3.26	4.08	3.46
Enterprise Value to NOPAT (EV/NOPAT)	27.14	23.28	13.87	14.42	11.46	7.79	7.45	4.33	5.46	4.59
Enterprise Value to Operating Cash Flow (EV/OCF)	7.06	8.52	6.32	6.74	6.14	5.20	8.04	8.39	9.44	8.82
Enterprise Value to Free Cash Flow (EV/FCFF)	32.08	39.79	13.73	0.00	15.96	11.79	31.61	1.74	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.59	0.60	0.58	0.57	0.59	0.58	0.59	0.00	0.65	0.69
Long-Term Debt to Equity	0.59	0.60	0.58	0.57	0.59	0.58	0.59	0.00	0.65	0.69
Financial Leverage	0.18	0.16	0.20	-0.12	0.18	0.16	0.19	-0.18	-0.21	-0.31
Leverage Ratio	2.12	2.14	2.12	2.14	2.18	2.28	2.36	2.41	2.45	2.53
Compound Leverage Factor	2.51	2.77	2.74	4.16	2.42	2.47	2.51	2.58	2.52	2.57
Debt to Total Capital	37.19%	37.67%	36.56%	36.29%	36.91%	36.55%	36.92%	0.00%	39.23%	40.97%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	37.19%	37.67%	36.56%	36.29%	36.91%	36.55%	36.92%	0.00%	39.23%	40.97%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.81%	62.33%	63.45%	63.71%	63.09%	63.45%	63.08%	100.00%	60.77%	59.04%
Debt to EBITDA	4.37	3.79	2.75	2.37	2.10	1.82	1.62	0.00	1.39	1.45
Net Debt to EBITDA	1.34	1.19	0.95	0.77	0.61	0.41	0.57	0.00	0.42	0.39
Long-Term Debt to EBITDA	4.37	3.79	2.75	2.37	2.10	1.82	1.62	0.00	1.39	1.45
Debt to NOPAT	11.89	8.50	5.21	4.19	3.47	2.96	2.56	0.00	2.12	2.20
Net Debt to NOPAT	3.64	2.68	1.79	1.36	1.01	0.66	0.90	0.00	0.65	0.59
Long-Term Debt to NOPAT	11.89	8.50	5.21	4.19	3.47	2.96	2.56	0.00	2.12	2.20
Altman Z-Score	2.89	3.02	3.11	3.39	3.45	3.30	3.45	3.60	3.57	3.17
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.82	1.82	1.84	1.84	1.82	1.79	1.78	1.97	1.79	1.61
Quick Ratio	0.91	0.88	0.84	0.85	0.87	0.89	0.76	0.87	0.80	0.71
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	4.56	-5.27	3.77	-193	-1.14	-5.06	-42	131	-240	-253
Operating Cash Flow to CapEx	216.73%	308.52%	150.87%	49.36%	266.62%	663.39%	85.92%	166.73%	204.00%	139.17%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.11	1.12	1.22	1.27	1.32	1.36	1.46	1.54	1.57	1.42
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	3.20	3.07	2.99	3.10	3.19	3.17	3.31	3.73	3.85	3.42
Fixed Asset Turnover	4.08	4.28	4.58	5.26	5.58	6.10	6.57	7.71	7.95	7.94
Accounts Payable Turnover	16.85	14.90	16.13	19.63	16.10	16.52	14.87	18.19	16.23	14.71
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	114.05	119.00	122.21	117.66	114.27	114.99	110.26	97.78	94.90	106.73
Days Payable Outstanding (DPO)	21.67	24.50	22.63	18.60	22.68	22.10	24.55	20.07	22.49	24.82
Cash Conversion Cycle (CCC)	92.39	94.50	99.58	99.06	91.60	92.90	85.72	77.71	72.42	81.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	363	366	368	364	361	357	368	169	346	336
Invested Capital Turnover	2.00	2.07	2.16	3.08	2.44	2.69	2.89	4.51	4.88	5.22
Increase / (Decrease) in Invested Capital	2.36	9.08	-0.35	194	15	21	53	-119	263	277
Enterprise Value (EV)	416	509	471	601	597	479	521	348	481	410
Market Capitalization	360	451	411	545	544	439	458	475	424	357
Book Value per Share	$18.74	$18.76	$18.91	$18.99	$18.95	$19.33	$18.79	$18.35	$17.92	$17.36
Tangible Book Value per Share	$18.74	$18.76	$18.91	$18.99	$18.95	$19.33	$18.79	$18.35	$17.92	$17.36
Total Capital	490	494	484	481	489	499	484	296	476	480
Total Debt	182	186	177	175	180	182	179	0.00	187	197
Total Long-Term Debt	182	186	177	175	180	182	179	0.00	187	197
Net Debt	56	59	61	57	53	41	63	-127	57	53
Capital Expenditures (CapEx)	7.81	7.92	9.55	6.35	6.69	5.92	34	6.64	6.28	8.55
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-19	-15	-6.10	-8.01	-14	-22	-3.11	6.71	-8.11	-27
Debt-free Net Working Capital (DFNWC)	107	112	110	110	113	120	113	134	122	117
Net Working Capital (NWC)	107	112	110	110	113	120	113	134	122	117
Net Nonoperating Expense (NNE)	-1.28	-1.12	-1.01	-1.16	-1.46	-1.29	-0.72	-0.81	-0.67	-0.36
Net Nonoperating Obligations (NNO)	56	59	61	57	53	41	63	-127	57	53
Total Depreciation and Amortization (D&A)	5.88	5.58	5.20	4.95	4.78	4.81	4.66	4.36	4.18	4.08
Debt-free, Cash-free Net Working Capital to Revenue	-2.63%	-2.01%	-0.77%	-0.98%	-1.68%	-2.34%	-0.31%	0.65%	-0.77%	-2.58%
Debt-free Net Working Capital to Revenue	14.85%	14.99%	13.86%	13.37%	13.15%	12.83%	11.46%	12.95%	11.63%	11.36%
Net Working Capital to Revenue	14.85%	14.99%	13.86%	13.37%	13.15%	12.83%	11.46%	12.95%	11.63%	11.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.00	$0.58	$0.52	$0.28	$1.82	$2.05	$1.41	$1.49	$2.88	$2.94
Adjusted Weighted Average Basic Shares Outstanding	16.19M	16.41M	16.41M	16.24M	16.15M	16.27M	16.37M	16.26M	16.15M	16.15M
Adjusted Diluted Earnings per Share	$0.98	$0.57	$0.52	$0.27	$1.79	$2.00	$1.37	$1.45	$2.80	$2.86
Adjusted Weighted Average Diluted Shares Outstanding	16.19M	16.41M	16.41M	16.24M	16.15M	16.27M	16.37M	16.26M	16.15M	16.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.19M	16.41M	16.41M	16.24M	16.15M	16.27M	16.37M	16.26M	16.15M	16.15M
Normalized Net Operating Profit after Tax (NOPAT)	6.92	3.81	3.43	1.23	14	16	11	12	23	24
Normalized NOPAT Margin	3.75%	2.17%	1.92%	0.67%	6.42%	7.20%	5.37%	5.14%	8.22%	8.81%
Pre Tax Income Margin	5.23%	3.91%	3.61%	1.74%	8.78%	10.41%	7.68%	6.87%	11.59%	11.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	102.57%	135.40%	92.07%	76.73%	62.57%	53.62%	47.68%	41.54%	37.99%	58.72%
Augmented Payout Ratio	127.58%	149.23%	92.07%	76.73%	74.81%	58.53%	47.68%	41.54%	71.56%	116.89%

Frequently Asked Questions About Haverty Furniture Companies' Financials

When does Haverty Furniture Companies's financial year end?

According to the most recent income statement we have on file, Haverty Furniture Companies' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Haverty Furniture Companies' net income changed over the last 2 years?

Haverty Furniture Companies' net income appears to be on a downward trend, with a most recent value of $19.96 million in 2024, falling from $89.36 million in 2022. The previous period was $56.32 million in 2023. Check out Haverty Furniture Companies' forecast to explore projected trends and price targets.

What is Haverty Furniture Companies's operating income?

Haverty Furniture Companies's total operating income in 2024 was $20.07 million, based on the following breakdown:

Total Gross Profit: $439.08 million
Total Operating Expenses: $419.01 million

How has Haverty Furniture Companies revenue changed over the last 2 years?

Over the last 2 years, Haverty Furniture Companies' total revenue changed from $1.05 billion in 2022 to $722.90 million in 2024, a change of -31.0%.

How much debt does Haverty Furniture Companies have?

Haverty Furniture Companies' total liabilities were at $341.19 million at the end of 2024, a 1.3% decrease from 2023, and a 5.1% decrease since 2022.

How much cash does Haverty Furniture Companies have?

In the past 2 years, Haverty Furniture Companies' cash and equivalents has ranged from $120.03 million in 2024 to $123.13 million in 2022, and is currently $120.03 million as of their latest financial filing in 2024.

How has Haverty Furniture Companies' book value per share changed over the last 2 years?

Over the last 2 years, Haverty Furniture Companies' book value per share changed from 17.92 in 2022 to 18.74 in 2024, a change of 4.6%.

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This page (NYSE:HVT) was last updated on 5/21/2025 by MarketBeat.com Staff

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Haverty Furniture Companies (HVT) Financials

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Haverty Furniture Companies (HVT) Financials

Annual Income Statements for Haverty Furniture Companies

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