Ethan Allen Interiors Inc.

Rank #82Value

ETD · NYSE · Consumer Cyclical

Ethan Allen Interiors Inc. (ETD) — Rank #82 by gross profitability (GP/assets 0.49) · ROE 8.5% · Piotroski F-Score N/A.

As-of 2026-09-15 · CIK 0000896156 · all metrics point-in-time as of the filing date.

About

Ethan Allen Interiors Inc. operates as an interior design company, and manufacturer and retailer of home furnishings in the United States and internationally.

The company operates through two segments, Wholesale and Retail. It offers case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, flooring, wall coverings, and outdoor furnishings. The company also sells third-party furniture protection plans and other miscellaneous product. It markets and sells its products under the Ethan Allen brand through design centers and independent retailers, as well as through ethanallen.com website. Ethan Allen Interiors Inc.

was founded in 1932 and is headquartered in Danbury, Connecticut.

Industry: Furnishings, Fixtures & Appliances
Sector: Consumer Cyclical
State: DE
Filer Category: Accelerated filer
Fiscal Year End: June 30
Website: ethanallen.com

Price History

ETD+46.6% · +7.9% CAGRSPY+80.5% · +12.5% CAGR

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

$549.29M

P/E (annual)

14.0

P/S (annual)

0.9

P/B

1.2

P/OCF (annual)

10.5

Shareholder Yield

16.9%

Employees

3,062

Industry

Furnishings, Fixtures & Appliances

Exchange

NYSE

Signal Flags

1 green1 yellow1 red

Operating leverage expandingOperating income growing faster than revenue

Disclosure regressionA previously-disclosed line item is no longer reported — worth checking the filing for why

Revenue declining YoYRevenue contracted year over year

Quality Profile

Profitability

1/1 pass

GP / assets

0.49

Return on equity

8.5%

Gross margin trend

PASS

Safety

1/1 pass

Balance-sheet safety

PASS

Debt / equity

0.53

Current ratio

2.06×

Net cash

$187.49M

Cash Flow

3/3 pass

Positive FCF

PASS

Cash-backed earnings

PASS

Accruals healthy

PASS

SBC / revenue

0.2%

Growth

1/2 pass

Revenue growth

-24.1%

Piotroski F-Score

N/A

Share dilution

-8.5%

Terry Smith quality gate

Passes 2/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

What Growth Is Priced In

Implied revenue growth (10Y)

2.3%

incredible deal

The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).

Buyback tailwind: -8.5% — per-share value needs a total required return of -6.2% once share-count change is priced in.

vs. own 6-year median revenue growth: 2.1%

within its own history

Cost-of-equity sensitivity (implied growth at different discount rates)

r = 8%

-1.7%

r = 10% (base)

2.3%

r = 12%

5.8%

Net debt / market cap: -33.6%

Base FCF: $41.4M3Y mean FCF: $23.7M

Valuation History

Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.

P / E

Price / diluted EPS

7.5xCheap

6.0xmed 14.0x43.3x

P / S

Price / revenue per share

1.0xExpensive

0.6xmed 0.8x1.0x

P / B

Price / book value per share

1.7xExpensive

1.2xmed 1.6x1.7x

P / GP

Price / gross profit per share

1.6xExpensive

1.2xmed 1.5x1.6x

P / FCF

Price / free cash flow per share

9.1xCheap

5.1xmed 10.3x25.9x

Disclosure regression check

5 previously-disclosed line items are no longer reported. Worth checking the filing for why.

Property, plant & equipmentBalance sheet detail

last seen FY2018

Accounts payableBalance sheet detail

last seen FY2018

Accrued liabilitiesBalance sheet detail

last seen FY2018

AcquisitionsCash flow detail

last seen FY2019

Change in payablesCash flow detail

last seen FY2018

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Gross profitability (GP / assets)

0.49

Primary signal (Novy-Marx).

1st of 5 SIC 25 peers

Return on equity

8.5%

Gross margin

61.2%

1st of 5 SIC 25 peers

Revenue growth (YoY)

-24.1%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

	2018	2021	2022	2023
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-9.9%

Revenue CAGR (5Y)

—

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

-21.8%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.53

2nd of 5 SIC 25 peers (best = lowest)

Current ratio

2.06×

3rd of 5 SIC 25 peers

Quick ratio

0.93×

Net cash

$187.49M

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$41.44M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

0.04

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.2%

Stock-based comp intensity.

Dividend safety

Composite score

0.8 / 5

Weak

Payout ratio

116.0%0/5 Weak

FCF coverage

0.90×1/5 Weak

Dividend growth streak

0 yr0/5 Weak

Balance-sheet health

D/E 0.53 · IC N/A2/5 Fair

Piotroski F-Score

F-Score

N/A

Only 8/9 components determinable.

Lifecycle Phase History

2016-2018

2021-2023

20162023

Value

Capital Return

View full financial statements →