# Furnishings, Fixtures & Appliances — company-by-company sector analysis

> Furnishings, Fixtures & Appliances: Whirlpool Corporation owns the largest revenue base; XMax Inc. has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-07-28. Not investment advice.

## Bottom line

Furnishings, Fixtures & Appliances has outperformed S&P 500 by 10.2% over 52 weeks and 13.1% over 13 weeks. 12 of 20 covered companies beat the S&P 500 on Mansfield relative strength, while 8 of 20 beat the sector itself. Whirlpool Corporation leads with revenue of $15,177 million, based on 18 of 21 comparable companies through Mar 2026.

### Is the Furnishings, Fixtures & Appliances sector outperforming S&P 500?

Furnishings, Fixtures & Appliances has outperformed S&P 500 by 10.2% over 52 weeks and 13.1% over 13 weeks. 12 of 20 covered companies beat the S&P 500 on Mansfield relative strength, while 8 of 20 beat the sector itself.

### Which Furnishings, Fixtures & Appliances company is largest by revenue?

Whirlpool Corporation leads with revenue of $15,177 million, based on 18 of 21 comparable companies through Mar 2026.

### Which Furnishings, Fixtures & Appliances company is growing fastest?

XMax Inc. has the fastest current revenue growth at 54.5%, across 18 of 21 comparable companies.

### Which Furnishings, Fixtures & Appliances company has the strongest 4-Factor Sector Score?

SharkNinja, Inc. ranks first at 72.5/100 with 82% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Furnishings, Fixtures & Appliances company reports the most CAPEX?

Whirlpool Corporation reports the largest latest CAPEX at $225 million, with 21 of 21 companies comparable.

### Which Furnishings, Fixtures & Appliances company has the least gross debt?

Alliance Laundry Holdings Inc. has the lowest comparable gross debt at $0 million. Whirlpool Corporation has the highest at $7,104 million.

### Which Furnishings, Fixtures & Appliances company has the lowest comparable PEG?

Ethan Allen Interiors Inc. has the lowest comparable Guarded PEG at 0.26, among 6 of 21 companies that pass the metric’s comparability rules.

### How much history does this Furnishings, Fixtures & Appliances comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

## Sector relative strength

Furnishings, Fixtures & Appliances has outperformed S&P 500 by 10.2% over the last 52 weeks. Over 13 weeks the gap is a lead of 13.1%. 12 of 20 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Lifetime Brands, Inc. is the strongest against the sector itself at +44.9%.

13-week sector return versus NIFTY 500: 13%
52-week sector return versus NIFTY 500: 10%
Stocks leading NIFTY: 12/20
Stocks leading sector: 8/20

Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Companies: 21
Combined market value: ₹67.4K Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. SharkNinja, Inc. (SN): 73/100 — Favorable setup; evidence 82%
   - Growth & earnings 22.8/35 | Capital efficiency 17.5/25 | Valuation 13.2/20 | Relative strength 19.0/20
   - Exact sum: 22.8 + 17.5 + 13.2 + 19 = 72.5
   - Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2. Flexsteel Industries, Inc. (FLXS): 69/100 — Favorable setup; evidence 69%
   - Growth & earnings 24.4/35 | Capital efficiency 15.2/25 | Valuation 13.1/20 | Relative strength 16.5/20
   - Exact sum: 24.4 + 15.2 + 13.1 + 16.5 = 69.2
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3. Hamilton Beach Brands Holding Company (HBB): 60/100 — Mixed-positive evidence; evidence 76%
   - Growth & earnings 16.3/35 | Capital efficiency 12.8/25 | Valuation 15.8/20 | Relative strength 15.1/20
   - Exact sum: 16.3 + 12.8 + 15.8 + 15.1 = 60
   - Decision use: Price leads the evidence: RS versus the benchmark is 25.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
4. Bassett Furniture Industries, Incorporated (BSET): 56/100 — Mixed-positive evidence; evidence 70%
   - Growth & earnings 21.5/35 | Capital efficiency 10.2/25 | Valuation 9.7/20 | Relative strength 14.1/20
   - Exact sum: 21.5 + 10.2 + 9.7 + 14.1 = 55.5
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5. Interface, Inc. (TILE): 52/100 — Thin evidence · provisional; evidence 59%
   - Growth & earnings 13.4/35 | Capital efficiency 15.4/25 | Valuation 10.8/20 | Relative strength 12.8/20
   - Exact sum: 13.4 + 15.4 + 10.8 + 12.8 = 52.4
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6. Somnigroup International Inc. (SGI): 51/100 — Mixed-positive evidence; evidence 75%
   - Growth & earnings 26.0/35 | Capital efficiency 10.8/25 | Valuation 11.8/20 | Relative strength 2.7/20
   - Exact sum: 26 + 10.8 + 11.8 + 2.7 = 51.3
   - Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -25.7% and the one-year return is -0.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
7. La-Z-Boy Incorporated (LZB): 51/100 — Mixed-positive evidence; evidence 80%
   - Growth & earnings 19.3/35 | Capital efficiency 14.7/25 | Valuation 7.2/20 | Relative strength 10.0/20
   - Exact sum: 19.3 + 14.7 + 7.2 + 10 = 51.2
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8. Alliance Laundry Holdings Inc. (ALH): 51/100 — Thin evidence · provisional; evidence 52%
   - Growth & earnings 19.4/35 | Capital efficiency 11.9/25 | Valuation 9.3/20 | Relative strength 10.0/20
   - Exact sum: 19.4 + 11.9 + 9.3 + 10 = 50.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9. XMax Inc. (XMAX): 50/100 — Mixed-positive evidence; evidence 62%
   - Growth & earnings 19.0/35 | Capital efficiency 8.4/25 | Valuation 10.0/20 | Relative strength 12.6/20
   - Exact sum: 19 + 8.4 + 10 + 12.6 = 50
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10. MillerKnoll, Inc. (MLKN): 49/100 — Mixed-negative evidence; evidence 62%
   - Growth & earnings 14.2/35 | Capital efficiency 9.2/25 | Valuation 10.7/20 | Relative strength 14.6/20
   - Exact sum: 14.2 + 9.2 + 10.7 + 14.6 = 48.7
   - Decision use: Price leads the evidence: RS versus the benchmark is 19.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
11. Hooker Furnishings Corporation (HOFT): 48/100 — Mixed-negative evidence; evidence 62%
   - Growth & earnings 17.6/35 | Capital efficiency 11.1/25 | Valuation 8.5/20 | Relative strength 10.7/20
   - Exact sum: 17.6 + 11.1 + 8.5 + 10.7 = 47.9
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12. Mohawk Industries, Inc. (MHK): 46/100 — Thin evidence · provisional; evidence 59%
   - Growth & earnings 15.4/35 | Capital efficiency 12.9/25 | Valuation 10.2/20 | Relative strength 7.1/20
   - Exact sum: 15.4 + 12.9 + 10.2 + 7.1 = 45.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13. Lifetime Brands, Inc. (LCUT): 46/100 — Thin evidence · provisional; evidence 59%
   - Growth & earnings 12.5/35 | Capital efficiency 6.5/25 | Valuation 9.5/20 | Relative strength 17.0/20
   - Exact sum: 12.5 + 6.5 + 9.5 + 17 = 45.5
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14. Ethan Allen Interiors Inc. (ETD): 45/100 — Mixed-negative evidence; evidence 76%
   - Growth & earnings 10.4/35 | Capital efficiency 14.2/25 | Valuation 15.1/20 | Relative strength 4.9/20
   - Exact sum: 10.4 + 14.2 + 15.1 + 4.9 = 44.6
   - Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
15. Leggett & Platt, Incorporated (LEG): 43/100 — Thin evidence · provisional; evidence 59%
   - Growth & earnings 15.0/35 | Capital efficiency 10.1/25 | Valuation 11.5/20 | Relative strength 6.1/20
   - Exact sum: 15 + 10.1 + 11.5 + 6.1 = 42.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16. Kewaunee Scientific Corporation (KEQU): 40/100 — Mixed-negative evidence; evidence 70%
   - Growth & earnings 11.0/35 | Capital efficiency 13.6/25 | Valuation 11.0/20 | Relative strength 4.0/20
   - Exact sum: 11 + 13.6 + 11 + 4 = 39.6
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17. Whirlpool Corporation (WHR): 39/100 — Mixed-negative evidence; evidence 72%
   - Growth & earnings 23.9/35 | Capital efficiency 4.5/25 | Valuation 10.0/20 | Relative strength 0.6/20
   - Exact sum: 23.9 + 4.5 + 10 + 0.6 = 39
   - Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -51.1% and the one-year return is -53.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
18. HNI Corporation (HNI): 37/100 — Thin evidence · provisional; evidence 59%
   - Growth & earnings 11.2/35 | Capital efficiency 7.6/25 | Valuation 8.7/20 | Relative strength 9.5/20
   - Exact sum: 11.2 + 7.6 + 8.7 + 9.5 = 37
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
19. The Lovesac Company (LOVE): 36/100 — Mixed-negative evidence; evidence 62%
   - Growth & earnings 13.4/35 | Capital efficiency 5.7/25 | Valuation 8.8/20 | Relative strength 8.2/20
   - Exact sum: 13.4 + 5.7 + 8.8 + 8.2 = 36.1
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20. Traeger, Inc. (COOK): 35/100 — Thin evidence · provisional; evidence 56%
   - Growth & earnings 10.8/35 | Capital efficiency 5.2/25 | Valuation 10.0/20 | Relative strength 9.0/20
   - Exact sum: 10.8 + 5.2 + 10 + 9 = 35
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
21. MasterBrand, Inc. (MBC): 28/100 — Adverse evidence; evidence 66%
   - Growth & earnings 7.5/35 | Capital efficiency 8.3/25 | Valuation 9.0/20 | Relative strength 3.5/20
   - Exact sum: 7.5 + 8.3 + 9 + 3.5 = 28.3
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

## Revenue Scale & Growth Durability

What the numbers say: Whirlpool Corporation is the scale leader at $15,177 million, 97.8% ahead of Somnigroup International Inc.. XMax Inc.'s growth is 54.5% from a $17 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Whirlpool Corporation is the scale benchmark; XMax Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Whirlpool Corporation's growth falls below XMax Inc.'s for two consecutive comparable reports while operating margin also compresses.

Evidence: Whirlpool Corporation · $15,177 million | 97.8% versus #2 · Somnigroup International Inc. | 1/8 recent comparable periods | 18/21 companies · 383 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. Whirlpool Corporation (WHR): ₹15.2K Cr
2. Somnigroup International Inc. (SGI): ₹7.7K Cr
3. SharkNinja, Inc. (SN): ₹6.6K Cr
4. Leggett & Platt, Incorporated (LEG): ₹4.0K Cr
5. MillerKnoll, Inc. (MLKN): ₹3.8K Cr

### Revenue growth — fastest growers
1. XMax Inc. (XMAX): 55%
2. Somnigroup International Inc. (SGI): 44%
3. Kewaunee Scientific Corporation (KEQU): 17%
4. SharkNinja, Inc. (SN): 16%
5. Alliance Laundry Holdings Inc. (ALH): 14%

### 20-quarter Revenue history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 ₹810 Cr | Jun 2022 ₹778 Cr | Sep 2022 ₹947 Cr | Dec 2022 ₹1.2K Cr | Mar 2023 ₹855 Cr | Jun 2023 ₹950 Cr | Sep 2023 ₹1.1K Cr | Dec 2023 ₹1.4K Cr | Mar 2024 ₹1.1K Cr | Jun 2024 ₹1.2K Cr | Sep 2024 ₹1.4K Cr | Dec 2024 ₹1.8K Cr | Mar 2025 ₹1.2K Cr | Jun 2025 ₹1.4K Cr | Sep 2025 ₹1.6K Cr | Dec 2025 ₹2.1K Cr | Mar 2026 ₹1.4K Cr | Jun 2026 —
- SGI: Sep 2021 ₹1.4K Cr | Dec 2021 ₹1.4K Cr | Mar 2022 ₹1.2K Cr | Jun 2022 ₹1.2K Cr | Sep 2022 ₹1.3K Cr | Dec 2022 ₹1.2K Cr | Mar 2023 ₹1.2K Cr | Jun 2023 ₹1.3K Cr | Sep 2023 ₹1.3K Cr | Dec 2023 — | Mar 2024 ₹1.2K Cr | Jun 2024 ₹1.2K Cr | Sep 2024 ₹1.3K Cr | Dec 2024 ₹1.2K Cr | Mar 2025 ₹1.6K Cr | Jun 2025 ₹1.9K Cr | Sep 2025 ₹2.1K Cr | Dec 2025 ₹1.9K Cr | Mar 2026 ₹1.8K Cr | Jun 2026 —
- MHK: Sep 2021 ₹3.0K Cr | Dec 2021 ₹2.8K Cr | Mar 2022 — | Jun 2022 ₹3.0K Cr | Sep 2022 ₹3.2K Cr | Dec 2022 ₹2.9K Cr | Mar 2023 — | Jun 2023 ₹2.8K Cr | Sep 2023 ₹3.0K Cr | Dec 2023 ₹2.6K Cr | Mar 2024 ₹2.7K Cr | Jun 2024 ₹2.8K Cr | Sep 2024 ₹2.7K Cr | Dec 2024 ₹2.6K Cr | Mar 2025 ₹2.5K Cr | Jun 2025 ₹2.8K Cr | Sep 2025 ₹2.8K Cr | Dec 2025 ₹2.7K Cr | Mar 2026 — | Jun 2026 ₹2.7K Cr
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹365 Cr | Jun 2024 ₹365 Cr | Sep 2024 ₹384 Cr | Dec 2024 ₹395 Cr | Mar 2025 ₹390 Cr | Jun 2025 ₹447 Cr | Sep 2025 ₹438 Cr | Dec 2025 ₹435 Cr | Mar 2026 ₹427 Cr | Jun 2026 —
- HNI: Sep 2021 ₹511 Cr | Dec 2021 ₹587 Cr | Mar 2022 ₹603 Cr | Jun 2022 ₹572 Cr | Sep 2022 ₹622 Cr | Dec 2022 ₹599 Cr | Mar 2023 — | Jun 2023 ₹479 Cr | Sep 2023 ₹564 Cr | Dec 2023 ₹680 Cr | Mar 2024 ₹588 Cr | Jun 2024 ₹624 Cr | Sep 2024 ₹672 Cr | Dec 2024 ₹643 Cr | Mar 2025 ₹600 Cr | Jun 2025 ₹667 Cr | Sep 2025 ₹684 Cr | Dec 2025 — | Mar 2026 ₹888 Cr | Jun 2026 ₹1.3K Cr
- WHR: Sep 2021 ₹5.5K Cr | Dec 2021 ₹5.8K Cr | Mar 2022 ₹4.9K Cr | Jun 2022 ₹5.1K Cr | Sep 2022 ₹4.8K Cr | Dec 2022 ₹4.9K Cr | Mar 2023 ₹4.6K Cr | Jun 2023 ₹4.8K Cr | Sep 2023 ₹4.9K Cr | Dec 2023 ₹5.1K Cr | Mar 2024 ₹4.5K Cr | Jun 2024 ₹4.0K Cr | Sep 2024 ₹4.0K Cr | Dec 2024 ₹4.1K Cr | Mar 2025 ₹3.6K Cr | Jun 2025 ₹3.8K Cr | Sep 2025 ₹4.0K Cr | Dec 2025 ₹4.1K Cr | Mar 2026 ₹3.3K Cr | Jun 2026 —
- TILE: Sep 2021 ₹295 Cr | Dec 2021 ₹313 Cr | Mar 2022 ₹340 Cr | Jun 2022 ₹288 Cr | Sep 2022 ₹347 Cr | Dec 2022 ₹328 Cr | Mar 2023 ₹336 Cr | Jun 2023 ₹296 Cr | Sep 2023 ₹330 Cr | Dec 2023 ₹311 Cr | Mar 2024 ₹290 Cr | Jun 2024 ₹347 Cr | Sep 2024 ₹344 Cr | Dec 2024 ₹335 Cr | Mar 2025 ₹297 Cr | Jun 2025 ₹376 Cr | Sep 2025 ₹365 Cr | Dec 2025 ₹349 Cr | Mar 2026 — | Jun 2026 ₹331 Cr
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 ₹777 Cr | Jun 2022 ₹856 Cr | Sep 2022 ₹858 Cr | Dec 2022 ₹784 Cr | Mar 2023 ₹677 Cr | Jun 2023 ₹695 Cr | Sep 2023 ₹677 Cr | Dec 2023 ₹677 Cr | Mar 2024 ₹638 Cr | Jun 2024 ₹677 Cr | Sep 2024 ₹718 Cr | Dec 2024 ₹668 Cr | Mar 2025 ₹660 Cr | Jun 2025 ₹731 Cr | Sep 2025 ₹699 Cr | Dec 2025 ₹645 Cr | Mar 2026 ₹618 Cr | Jun 2026 —
- LZB: Sep 2021 ₹525 Cr | Dec 2021 ₹576 Cr | Mar 2022 ₹572 Cr | Jun 2022 ₹685 Cr | Sep 2022 ₹604 Cr | Dec 2022 ₹611 Cr | Mar 2023 ₹573 Cr | Jun 2023 ₹561 Cr | Sep 2023 ₹482 Cr | Dec 2023 ₹511 Cr | Mar 2024 ₹500 Cr | Jun 2024 ₹554 Cr | Sep 2024 ₹496 Cr | Dec 2024 ₹521 Cr | Mar 2025 ₹522 Cr | Jun 2025 ₹571 Cr | Sep 2025 ₹492 Cr | Dec 2025 ₹522 Cr | Mar 2026 ₹542 Cr | Jun 2026 ₹570 Cr
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 ₹85 Cr | Dec 2022 ₹104 Cr | Mar 2023 ₹85 Cr | Jun 2023 ₹2.0K Cr | Sep 2023 ₹87 Cr | Dec 2023 ₹99 Cr | Mar 2024 ₹872 Cr | Jun 2024 ₹889 Cr | Sep 2024 ₹862 Cr | Dec 2024 ₹970 Cr | Mar 2025 ₹876 Cr | Jun 2025 ₹962 Cr | Sep 2025 ₹956 Cr | Dec 2025 ₹955 Cr | Mar 2026 ₹927 Cr | Jun 2026 ₹1.0K Cr
- LEG: Sep 2021 ₹1.3K Cr | Dec 2021 ₹1.3K Cr | Mar 2022 ₹1.3K Cr | Jun 2022 ₹1.3K Cr | Sep 2022 ₹1.3K Cr | Dec 2022 ₹1.2K Cr | Mar 2023 ₹1.2K Cr | Jun 2023 ₹1.2K Cr | Sep 2023 ₹1.2K Cr | Dec 2023 ₹1.1K Cr | Mar 2024 ₹1.1K Cr | Jun 2024 ₹1.1K Cr | Sep 2024 ₹1.1K Cr | Dec 2024 ₹1.1K Cr | Mar 2025 ₹1.0K Cr | Jun 2025 ₹1.1K Cr | Sep 2025 ₹1.0K Cr | Dec 2025 ₹939 Cr | Mar 2026 ₹918 Cr | Jun 2026 —
- ETD: Sep 2021 ₹182 Cr | Dec 2021 ₹208 Cr | Mar 2022 ₹198 Cr | Jun 2022 ₹230 Cr | Sep 2022 ₹215 Cr | Dec 2022 ₹203 Cr | Mar 2023 ₹186 Cr | Jun 2023 ₹187 Cr | Sep 2023 ₹164 Cr | Dec 2023 ₹167 Cr | Mar 2024 ₹146 Cr | Jun 2024 ₹169 Cr | Sep 2024 ₹154 Cr | Dec 2024 ₹157 Cr | Mar 2025 ₹143 Cr | Jun 2025 ₹160 Cr | Sep 2025 ₹147 Cr | Dec 2025 ₹150 Cr | Mar 2026 ₹136 Cr | Jun 2026 —
- XMAX: Sep 2021 ₹3 Cr | Dec 2021 ₹3 Cr | Mar 2022 ₹4 Cr | Jun 2022 ₹4 Cr | Sep 2022 ₹3 Cr | Dec 2022 ₹2 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹4 Cr | Sep 2023 ₹2 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹3 Cr | Sep 2024 ₹3 Cr | Dec 2024 ₹2 Cr | Mar 2025 ₹3 Cr | Jun 2025 ₹3 Cr | Sep 2025 ₹10 Cr | Dec 2025 ₹2 Cr | Mar 2026 ₹2 Cr | Jun 2026 —
- FLXS: Sep 2021 ₹138 Cr | Dec 2021 ₹142 Cr | Mar 2022 ₹140 Cr | Jun 2022 ₹125 Cr | Sep 2022 ₹96 Cr | Dec 2022 ₹93 Cr | Mar 2023 ₹99 Cr | Jun 2023 ₹106 Cr | Sep 2023 ₹95 Cr | Dec 2023 ₹100 Cr | Mar 2024 ₹107 Cr | Jun 2024 ₹111 Cr | Sep 2024 ₹104 Cr | Dec 2024 ₹108 Cr | Mar 2025 ₹114 Cr | Jun 2025 ₹115 Cr | Sep 2025 ₹110 Cr | Dec 2025 ₹118 Cr | Mar 2026 ₹115 Cr | Jun 2026 —
- HBB: Sep 2021 ₹157 Cr | Dec 2021 ₹198 Cr | Mar 2022 ₹146 Cr | Jun 2022 ₹148 Cr | Sep 2022 ₹151 Cr | Dec 2022 ₹196 Cr | Mar 2023 ₹128 Cr | Jun 2023 ₹137 Cr | Sep 2023 ₹154 Cr | Dec 2023 ₹207 Cr | Mar 2024 ₹128 Cr | Jun 2024 ₹156 Cr | Sep 2024 ₹157 Cr | Dec 2024 ₹214 Cr | Mar 2025 ₹133 Cr | Jun 2025 ₹128 Cr | Sep 2025 ₹133 Cr | Dec 2025 ₹213 Cr | Mar 2026 ₹122 Cr | Jun 2026 —
- LOVE: Sep 2021 ₹102 Cr | Dec 2021 ₹117 Cr | Mar 2022 ₹196 Cr | Jun 2022 ₹129 Cr | Sep 2022 ₹149 Cr | Dec 2022 ₹135 Cr | Mar 2023 ₹238 Cr | Jun 2023 ₹141 Cr | Sep 2023 ₹155 Cr | Dec 2023 ₹154 Cr | Mar 2024 ₹251 Cr | Jun 2024 ₹133 Cr | Sep 2024 ₹157 Cr | Dec 2024 ₹150 Cr | Mar 2025 ₹241 Cr | Jun 2025 ₹138 Cr | Sep 2025 ₹161 Cr | Dec 2025 ₹150 Cr | Mar 2026 ₹248 Cr | Jun 2026 ₹138 Cr
- LCUT: Sep 2021 ₹225 Cr | Dec 2021 ₹256 Cr | Mar 2022 ₹183 Cr | Jun 2022 ₹151 Cr | Sep 2022 ₹187 Cr | Dec 2022 ₹207 Cr | Mar 2023 ₹145 Cr | Jun 2023 ₹146 Cr | Sep 2023 ₹192 Cr | Dec 2023 ₹203 Cr | Mar 2024 ₹142 Cr | Jun 2024 ₹142 Cr | Sep 2024 ₹184 Cr | Dec 2024 ₹215 Cr | Mar 2025 ₹140 Cr | Jun 2025 ₹132 Cr | Sep 2025 ₹172 Cr | Dec 2025 ₹204 Cr | Mar 2026 ₹144 Cr | Jun 2026 —
- BSET: Sep 2021 ₹105 Cr | Dec 2021 ₹114 Cr | Mar 2022 ₹118 Cr | Jun 2022 ₹129 Cr | Sep 2022 ₹118 Cr | Dec 2022 ₹121 Cr | Mar 2023 ₹108 Cr | Jun 2023 ₹101 Cr | Sep 2023 ₹87 Cr | Dec 2023 ₹95 Cr | Mar 2024 ₹87 Cr | Jun 2024 ₹83 Cr | Sep 2024 ₹76 Cr | Dec 2024 ₹84 Cr | Mar 2025 ₹82 Cr | Jun 2025 ₹84 Cr | Sep 2025 ₹80 Cr | Dec 2025 ₹89 Cr | Mar 2026 ₹80 Cr | Jun 2026 ₹84 Cr
- COOK: Sep 2021 ₹162 Cr | Dec 2021 ₹175 Cr | Mar 2022 ₹224 Cr | Jun 2022 ₹200 Cr | Sep 2022 ₹94 Cr | Dec 2022 ₹138 Cr | Mar 2023 ₹153 Cr | Jun 2023 ₹172 Cr | Sep 2023 ₹118 Cr | Dec 2023 ₹163 Cr | Mar 2024 ₹145 Cr | Jun 2024 ₹168 Cr | Sep 2024 ₹122 Cr | Dec 2024 ₹169 Cr | Mar 2025 ₹143 Cr | Jun 2025 ₹145 Cr | Sep 2025 ₹125 Cr | Dec 2025 ₹145 Cr | Mar 2026 ₹94 Cr | Jun 2026 —
- HOFT: Sep 2021 ₹163 Cr | Dec 2021 ₹133 Cr | Mar 2022 ₹135 Cr | Jun 2022 ₹147 Cr | Sep 2022 ₹153 Cr | Dec 2022 ₹152 Cr | Mar 2023 ₹131 Cr | Jun 2023 ₹122 Cr | Sep 2023 ₹98 Cr | Dec 2023 ₹117 Cr | Mar 2024 ₹97 Cr | Jun 2024 ₹94 Cr | Sep 2024 ₹95 Cr | Dec 2024 ₹83 Cr | Mar 2025 ₹84 Cr | Jun 2025 ₹71 Cr | Sep 2025 ₹82 Cr | Dec 2025 ₹71 Cr | Mar 2026 ₹67 Cr | Jun 2026 ₹69 Cr
- KEQU: Sep 2021 ₹39 Cr | Dec 2021 ₹39 Cr | Mar 2022 ₹41 Cr | Jun 2022 ₹50 Cr | Sep 2022 ₹50 Cr | Dec 2022 ₹55 Cr | Mar 2023 ₹61 Cr | Jun 2023 ₹54 Cr | Sep 2023 ₹50 Cr | Dec 2023 ₹50 Cr | Mar 2024 ₹47 Cr | Jun 2024 ₹57 Cr | Sep 2024 ₹48 Cr | Dec 2024 ₹48 Cr | Mar 2025 ₹67 Cr | Jun 2025 ₹77 Cr | Sep 2025 ₹71 Cr | Dec 2025 ₹70 Cr | Mar 2026 ₹69 Cr | Jun 2026 ₹71 Cr

### 20-quarter Revenue growth history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 5.6% | Jun 2023 22% | Sep 2023 13% | Dec 2023 16% | Mar 2024 25% | Jun 2024 31% | Sep 2024 33% | Dec 2024 30% | Mar 2025 15% | Jun 2025 16% | Sep 2025 14% | Dec 2025 18% | Mar 2026 16% | Jun 2026 —
- SGI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 3.6% | Sep 2022 -5.5% | Dec 2022 -13% | Mar 2023 -2.6% | Jun 2023 4.9% | Sep 2023 -0.5% | Dec 2023 — | Mar 2024 -3.1% | Jun 2024 -2.8% | Sep 2024 1.8% | Dec 2024 — | Mar 2025 37% | Jun 2025 52% | Sep 2025 63% | Dec 2025 55% | Mar 2026 12% | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 6.7% | Dec 2022 3.6% | Mar 2023 — | Jun 2023 -7.0% | Sep 2023 -6.4% | Dec 2023 -10% | Mar 2024 — | Jun 2024 -0.2% | Sep 2024 -7.9% | Dec 2024 1.0% | Mar 2025 -5.7% | Jun 2025 0.0% | Sep 2025 1.4% | Dec 2025 2.4% | Mar 2026 — | Jun 2026 -2.6%
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 6.9% | Jun 2025 22% | Sep 2025 14% | Dec 2025 10% | Mar 2026 9.5% | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 22% | Dec 2022 2.0% | Mar 2023 — | Jun 2023 -16% | Sep 2023 -9.3% | Dec 2023 14% | Mar 2024 — | Jun 2024 30% | Sep 2024 19% | Dec 2024 -5.4% | Mar 2025 2.0% | Jun 2025 6.9% | Sep 2025 1.8% | Dec 2025 — | Mar 2026 48% | Jun 2026 102%
- WHR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -4.3% | Sep 2022 -13% | Dec 2022 -15% | Mar 2023 -5.5% | Jun 2023 -6.0% | Sep 2023 3.0% | Dec 2023 3.4% | Mar 2024 -3.4% | Jun 2024 -17% | Sep 2024 -19% | Dec 2024 -19% | Mar 2025 -19% | Jun 2025 -5.4% | Sep 2025 1.0% | Dec 2025 -0.9% | Mar 2026 -9.6% | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 18% | Dec 2022 4.8% | Mar 2023 -1.2% | Jun 2023 2.8% | Sep 2023 -4.9% | Dec 2023 -5.2% | Mar 2024 -14% | Jun 2024 17% | Sep 2024 4.2% | Dec 2024 7.7% | Mar 2025 2.4% | Jun 2025 8.4% | Sep 2025 6.1% | Dec 2025 4.2% | Mar 2026 — | Jun 2026 -12%
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 -13% | Jun 2023 -19% | Sep 2023 -21% | Dec 2023 -14% | Mar 2024 -5.8% | Jun 2024 -2.6% | Sep 2024 6.1% | Dec 2024 -1.3% | Mar 2025 3.5% | Jun 2025 8.0% | Sep 2025 -2.7% | Dec 2025 -3.4% | Mar 2026 -6.4% | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 15% | Dec 2022 6.1% | Mar 2023 0.2% | Jun 2023 -18% | Sep 2023 -20% | Dec 2023 -16% | Mar 2024 -13% | Jun 2024 -1.3% | Sep 2024 2.9% | Dec 2024 2.0% | Mar 2025 4.4% | Jun 2025 3.1% | Sep 2025 -0.8% | Dec 2025 0.2% | Mar 2026 3.8% | Jun 2026 -0.2%
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 2.4% | Dec 2023 -4.8% | Mar 2024 926% | Jun 2024 -55% | Sep 2024 891% | Dec 2024 880% | Mar 2025 0.5% | Jun 2025 8.2% | Sep 2025 11% | Dec 2025 -1.6% | Mar 2026 5.8% | Jun 2026 4.4%
- LEG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 5.0% | Sep 2022 -1.9% | Dec 2022 -10% | Mar 2023 -8.2% | Jun 2023 -8.5% | Sep 2023 -9.2% | Dec 2023 -6.8% | Mar 2024 -9.6% | Jun 2024 -7.5% | Sep 2024 -6.2% | Dec 2024 -5.3% | Mar 2025 -6.8% | Jun 2025 -6.3% | Sep 2025 -6.0% | Dec 2025 -11% | Mar 2026 -10% | Jun 2026 —
- ETD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 29% | Sep 2022 18% | Dec 2022 -2.4% | Mar 2023 -6.1% | Jun 2023 -19% | Sep 2023 -24% | Dec 2023 -18% | Mar 2024 -22% | Jun 2024 -9.6% | Sep 2024 -6.1% | Dec 2024 -6.0% | Mar 2025 -2.1% | Jun 2025 -5.3% | Sep 2025 -4.6% | Dec 2025 -4.5% | Mar 2026 -4.9% | Jun 2026 —
- XMAX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 0.0% | Sep 2022 0.0% | Dec 2022 -33% | Mar 2023 -50% | Jun 2023 0.0% | Sep 2023 -33% | Dec 2023 0.0% | Mar 2024 0.0% | Jun 2024 -25% | Sep 2024 50% | Dec 2024 0.0% | Mar 2025 50% | Jun 2025 0.0% | Sep 2025 233% | Dec 2025 0.0% | Mar 2026 -33% | Jun 2026 —
- FLXS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -8.1% | Sep 2022 -30% | Dec 2022 -35% | Mar 2023 -29% | Jun 2023 -15% | Sep 2023 -1.0% | Dec 2023 7.5% | Mar 2024 8.1% | Jun 2024 4.7% | Sep 2024 9.5% | Dec 2024 8.0% | Mar 2025 6.5% | Jun 2025 3.6% | Sep 2025 5.8% | Dec 2025 9.3% | Mar 2026 0.9% | Jun 2026 —
- HBB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -4.5% | Sep 2022 -3.8% | Dec 2022 -1.0% | Mar 2023 -12% | Jun 2023 -7.4% | Sep 2023 2.0% | Dec 2023 5.6% | Mar 2024 0.0% | Jun 2024 14% | Sep 2024 2.0% | Dec 2024 3.4% | Mar 2025 3.9% | Jun 2025 -18% | Sep 2025 -15% | Dec 2025 -0.5% | Mar 2026 -8.3% | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 46% | Dec 2022 15% | Mar 2023 21% | Jun 2023 9.3% | Sep 2023 4.0% | Dec 2023 14% | Mar 2024 5.5% | Jun 2024 -5.7% | Sep 2024 1.3% | Dec 2024 -2.6% | Mar 2025 -4.0% | Jun 2025 3.8% | Sep 2025 2.6% | Dec 2025 0.0% | Mar 2026 2.9% | Jun 2026 0.0%
- LCUT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -19% | Sep 2022 -17% | Dec 2022 -19% | Mar 2023 -21% | Jun 2023 -3.3% | Sep 2023 2.7% | Dec 2023 -1.9% | Mar 2024 -2.1% | Jun 2024 -2.7% | Sep 2024 -4.2% | Dec 2024 5.9% | Mar 2025 -1.4% | Jun 2025 -7.0% | Sep 2025 -6.5% | Dec 2025 -5.1% | Mar 2026 2.9% | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 12% | Dec 2022 6.1% | Mar 2023 -8.5% | Jun 2023 -22% | Sep 2023 -26% | Dec 2023 -21% | Mar 2024 -19% | Jun 2024 -18% | Sep 2024 -13% | Dec 2024 -12% | Mar 2025 -5.8% | Jun 2025 1.2% | Sep 2025 5.3% | Dec 2025 6.0% | Mar 2026 -2.4% | Jun 2026 0.0%
- COOK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -6.1% | Sep 2022 -42% | Dec 2022 -21% | Mar 2023 -32% | Jun 2023 -14% | Sep 2023 26% | Dec 2023 18% | Mar 2024 -5.2% | Jun 2024 -2.3% | Sep 2024 3.4% | Dec 2024 3.7% | Mar 2025 -1.4% | Jun 2025 -14% | Sep 2025 2.5% | Dec 2025 -14% | Mar 2026 -34% | Jun 2026 —
- HOFT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -6.1% | Dec 2022 14% | Mar 2023 -3.0% | Jun 2023 -17% | Sep 2023 -36% | Dec 2023 -23% | Mar 2024 -26% | Jun 2024 -23% | Sep 2024 -3.1% | Dec 2024 -29% | Mar 2025 -13% | Jun 2025 -24% | Sep 2025 -14% | Dec 2025 -14% | Mar 2026 -20% | Jun 2026 -2.8%
- KEQU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 28% | Dec 2022 41% | Mar 2023 49% | Jun 2023 8.0% | Sep 2023 0.0% | Dec 2023 -9.1% | Mar 2024 -23% | Jun 2024 5.6% | Sep 2024 -4.0% | Dec 2024 -4.0% | Mar 2025 43% | Jun 2025 35% | Sep 2025 48% | Dec 2025 46% | Mar 2026 3.0% | Jun 2026 -7.8%

## Operating Economics & Margin Trend

What the numbers say: Alliance Laundry Holdings Inc. leads opm at 19.6%; Flexsteel Industries, Inc. leads margin change at +11.5 percentage points.

Investor read: Alliance Laundry Holdings Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Evidence: Alliance Laundry Holdings Inc. · 19.6% | 69% versus #2 · SharkNinja, Inc. | 3/5 recent comparable periods | 21/21 companies · 383 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Alliance Laundry Holdings Inc. (ALH): 20%
2. SharkNinja, Inc. (SN): 12%
3. Somnigroup International Inc. (SGI): 10%
4. Interface, Inc. (TILE): 9.8%
5. Kewaunee Scientific Corporation (KEQU): 7.3%

### Margin change — fastest expanders
1. Flexsteel Industries, Inc. (FLXS): +11.5 pp
2. Somnigroup International Inc. (SGI): +9.6 pp
3. Whirlpool Corporation (WHR): +4.1 pp
4. Hooker Furnishings Corporation (HOFT): +3.0 pp
5. Hamilton Beach Brands Holding Company (HBB): +2.4 pp

### 20-quarter OPM history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 15% | Jun 2022 4.6% | Sep 2022 12% | Dec 2022 4.5% | Mar 2023 14% | Jun 2023 5.9% | Sep 2023 8.8% | Dec 2023 7.3% | Mar 2024 15% | Jun 2024 8.3% | Sep 2024 13% | Dec 2024 12% | Mar 2025 12% | Jun 2025 12% | Sep 2025 16% | Dec 2025 16% | Mar 2026 12% | Jun 2026 —
- SGI: Sep 2021 18% | Dec 2021 18% | Mar 2022 15% | Jun 2022 12% | Sep 2022 16% | Dec 2022 12% | Mar 2023 12% | Jun 2023 13% | Sep 2023 14% | Dec 2023 — | Mar 2024 10% | Jun 2024 14% | Sep 2024 16% | Dec 2024 11% | Mar 2025 0.8% | Jun 2025 9.6% | Sep 2025 15% | Dec 2025 13% | Mar 2026 10% | Jun 2026 —
- MHK: Sep 2021 14% | Dec 2021 13% | Mar 2022 — | Jun 2022 11% | Sep 2022 12% | Dec 2022 -17% | Mar 2023 — | Jun 2023 4.5% | Sep 2023 5.2% | Dec 2023 6.2% | Mar 2024 5.5% | Jun 2024 7.6% | Sep 2024 7.8% | Dec 2024 4.6% | Mar 2025 3.8% | Jun 2025 6.7% | Sep 2025 5.0% | Dec 2025 2.5% | Mar 2026 — | Jun 2026 4.1%
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 20% | Jun 2024 20% | Sep 2024 19% | Dec 2024 17% | Mar 2025 19% | Jun 2025 21% | Sep 2025 20% | Dec 2025 15% | Mar 2026 20% | Jun 2026 —
- HNI: Sep 2021 4.8% | Dec 2021 4.5% | Mar 2022 2.0% | Jun 2022 3.6% | Sep 2022 4.8% | Dec 2022 14% | Mar 2023 — | Jun 2023 1.3% | Sep 2023 -0.6% | Dec 2023 4.5% | Mar 2024 5.1% | Jun 2024 8.6% | Sep 2024 10% | Dec 2024 8.5% | Mar 2025 4.1% | Jun 2025 10% | Sep 2025 9.4% | Dec 2025 — | Mar 2026 -3.5% | Jun 2026 -2.7%
- WHR: Sep 2021 10% | Dec 2021 8.5% | Mar 2022 9.4% | Jun 2022 -6.0% | Sep 2022 4.6% | Dec 2022 -29% | Mar 2023 0.9% | Jun 2023 6.3% | Sep 2023 5.2% | Dec 2023 8.1% | Mar 2024 -2.6% | Jun 2024 3.3% | Sep 2024 6.6% | Dec 2024 -3.3% | Mar 2025 -17% | Jun 2025 5.4% | Sep 2025 5.1% | Dec 2025 5.9% | Mar 2026 -13% | Jun 2026 —
- TILE: Sep 2021 9.9% | Dec 2021 7.9% | Mar 2022 10% | Jun 2022 9.5% | Sep 2022 10% | Dec 2022 8.6% | Mar 2023 6.4% | Jun 2023 3.2% | Sep 2023 8.8% | Dec 2023 10% | Mar 2024 8.4% | Jun 2024 11% | Sep 2024 12% | Dec 2024 8.8% | Mar 2025 7.8% | Jun 2025 14% | Sep 2025 15% | Dec 2025 10% | Mar 2026 — | Jun 2026 9.8%
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 7.9% | Jun 2022 6.1% | Sep 2022 8.7% | Dec 2022 4.5% | Mar 2023 9.7% | Jun 2023 13% | Sep 2023 14% | Dec 2023 9.0% | Mar 2024 9.8% | Jun 2024 12% | Sep 2024 8.0% | Dec 2024 5.6% | Mar 2025 5.6% | Jun 2025 9.2% | Sep 2025 6.0% | Dec 2025 -4.2% | Mar 2026 -3.0% | Jun 2026 —
- LZB: Sep 2021 6.5% | Dec 2021 9.4% | Mar 2022 6.9% | Jun 2022 12% | Sep 2022 8.7% | Dec 2022 10% | Mar 2023 7.5% | Jun 2023 9.6% | Sep 2023 7.2% | Dec 2023 6.6% | Mar 2024 6.5% | Jun 2024 9.1% | Sep 2024 6.5% | Dec 2024 7.4% | Mar 2025 6.7% | Jun 2025 5.2% | Sep 2025 4.5% | Dec 2025 6.9% | Mar 2026 5.5% | Jun 2026 7.2%
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -8.4% | Dec 2022 -1.6% | Mar 2023 -22% | Jun 2023 4.2% | Sep 2023 -8.0% | Dec 2023 1.4% | Mar 2024 4.9% | Jun 2024 2.7% | Sep 2024 1.8% | Dec 2024 6.4% | Mar 2025 -9.4% | Jun 2025 5.7% | Sep 2025 5.6% | Dec 2025 5.1% | Mar 2026 4.8% | Jun 2026 5.1%
- LEG: Sep 2021 11% | Dec 2021 11% | Mar 2022 10% | Jun 2022 11% | Sep 2022 8.7% | Dec 2022 7.6% | Mar 2023 7.4% | Jun 2023 7.8% | Sep 2023 7.8% | Dec 2023 -33% | Mar 2024 5.7% | Jun 2024 -54% | Sep 2024 7.1% | Dec 2024 4.1% | Mar 2025 6.2% | Jun 2025 8.5% | Sep 2025 17% | Dec 2025 3.4% | Mar 2026 4.8% | Jun 2026 —
- ETD: Sep 2021 15% | Dec 2021 17% | Mar 2022 17% | Jun 2022 18% | Sep 2022 19% | Dec 2022 18% | Mar 2023 16% | Jun 2023 17% | Sep 2023 11% | Dec 2023 13% | Mar 2024 11% | Jun 2024 13% | Sep 2024 11% | Dec 2024 12% | Mar 2025 7.7% | Jun 2025 9.5% | Sep 2025 6.8% | Dec 2025 9.5% | Mar 2026 4.8% | Jun 2026 —
- XMAX: Sep 2021 -39% | Dec 2021 -421% | Mar 2022 -23% | Jun 2022 -149% | Sep 2022 -32% | Dec 2022 -390% | Mar 2023 -63% | Jun 2023 -8.5% | Sep 2023 -42% | Dec 2023 -167% | Mar 2024 -63% | Jun 2024 -19% | Sep 2024 -92% | Dec 2024 -48% | Mar 2025 -7.3% | Jun 2025 -7.7% | Sep 2025 -5.0% | Dec 2025 -59% | Mar 2026 -30% | Jun 2026 —
- FLXS: Sep 2021 4.3% | Dec 2021 -6.1% | Mar 2022 4.1% | Jun 2022 2.9% | Sep 2022 0.4% | Dec 2022 4.0% | Mar 2023 2.1% | Jun 2023 4.0% | Sep 2023 2.0% | Dec 2023 4.6% | Mar 2024 2.8% | Jun 2024 6.9% | Sep 2024 5.8% | Dec 2024 11% | Mar 2025 -4.4% | Jun 2025 12% | Sep 2025 8.1% | Dec 2025 7.6% | Mar 2026 7.1% | Jun 2026 —
- HBB: Sep 2021 4.8% | Dec 2021 9.1% | Mar 2022 8.7% | Jun 2022 3.7% | Sep 2022 6.2% | Dec 2022 5.7% | Mar 2023 -3.9% | Jun 2023 0.5% | Sep 2023 9.4% | Dec 2023 12% | Mar 2024 -0.7% | Jun 2024 6.4% | Sep 2024 6.8% | Dec 2024 11% | Mar 2025 1.7% | Jun 2025 4.7% | Sep 2025 2.2% | Dec 2025 12% | Mar 2026 4.1% | Jun 2026 —
- LOVE: Sep 2021 8.8% | Dec 2021 2.5% | Mar 2022 12% | Jun 2022 1.9% | Sep 2022 5.5% | Dec 2022 -7.5% | Mar 2023 15% | Jun 2023 -4.0% | Sep 2023 -0.6% | Dec 2023 -2.3% | Mar 2024 16% | Jun 2024 -14% | Sep 2024 -5.3% | Dec 2024 -5.2% | Mar 2025 20% | Jun 2025 -11% | Sep 2025 -5.5% | Dec 2025 -11% | Mar 2026 18% | Jun 2026 -13%
- LCUT: Sep 2021 9.6% | Dec 2021 3.5% | Mar 2022 2.4% | Jun 2022 -0.3% | Sep 2022 4.1% | Dec 2022 6.2% | Mar 2023 -1.2% | Jun 2023 3.0% | Sep 2023 7.1% | Dec 2023 7.7% | Mar 2024 1.3% | Jun 2024 0.8% | Sep 2024 4.7% | Dec 2024 7.2% | Mar 2025 0.8% | Jun 2025 -28% | Sep 2025 3.9% | Dec 2025 9.8% | Mar 2026 -1.6% | Jun 2026 —
- BSET: Sep 2021 4.7% | Dec 2021 5.8% | Mar 2022 5.5% | Jun 2022 8.6% | Sep 2022 9.0% | Dec 2022 5.5% | Mar 2023 2.5% | Jun 2023 2.5% | Sep 2023 -4.4% | Dec 2023 -4.8% | Mar 2024 -2.7% | Jun 2024 -10% | Sep 2024 -8.4% | Dec 2024 1.1% | Mar 2025 3.0% | Jun 2025 3.0% | Sep 2025 0.7% | Dec 2025 2.6% | Mar 2026 1.4% | Jun 2026 2.7%
- COOK: Sep 2021 -51% | Dec 2021 -17% | Mar 2022 -1.6% | Jun 2022 -60% | Sep 2022 -214% | Dec 2022 -15% | Mar 2023 -2.1% | Jun 2023 -16% | Sep 2023 -11% | Dec 2023 -7.2% | Mar 2024 -0.1% | Jun 2024 2.8% | Sep 2024 -6.1% | Dec 2024 -0.1% | Mar 2025 2.4% | Jun 2025 -4.2% | Sep 2025 -67% | Dec 2025 -8.0% | Mar 2026 -1.1% | Jun 2026 —
- HOFT: Sep 2021 5.9% | Dec 2021 -1.3% | Mar 2022 -4.0% | Jun 2022 2.7% | Sep 2022 4.8% | Dec 2022 4.2% | Mar 2023 -18% | Jun 2023 1.6% | Sep 2023 1.3% | Dec 2023 7.5% | Mar 2024 0.4% | Jun 2024 -5.5% | Sep 2024 -3.3% | Dec 2024 -6.2% | Mar 2025 0.1% | Jun 2025 -0.7% | Sep 2025 -5.4% | Dec 2025 -23% | Mar 2026 1.4% | Jun 2026 2.3%
- KEQU: Sep 2021 -2.8% | Dec 2021 -7.4% | Mar 2022 -2.1% | Jun 2022 4.5% | Sep 2022 -0.8% | Dec 2022 1.4% | Mar 2023 3.8% | Jun 2023 5.0% | Sep 2023 7.6% | Dec 2023 10% | Mar 2024 8.1% | Jun 2024 9.8% | Sep 2024 5.3% | Dec 2024 9.3% | Mar 2025 3.3% | Jun 2025 11% | Sep 2025 6.8% | Dec 2025 5.9% | Mar 2026 3.7% | Jun 2026 7.3%

### 20-quarter Margin change history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 −0.8 pp | Jun 2023 +1.3 pp | Sep 2023 −2.7 pp | Dec 2023 +2.8 pp | Mar 2024 +0.2 pp | Jun 2024 +2.4 pp | Sep 2024 +3.8 pp | Dec 2024 +4.2 pp | Mar 2025 −2.6 pp | Jun 2025 +3.4 pp | Sep 2025 +3.5 pp | Dec 2025 +4.9 pp | Mar 2026 −0.3 pp | Jun 2026 —
- SGI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −7.2 pp | Sep 2022 −2.7 pp | Dec 2022 −6.0 pp | Mar 2023 −3.3 pp | Jun 2023 +0.6 pp | Sep 2023 −1.4 pp | Dec 2023 — | Mar 2024 −1.5 pp | Jun 2024 +1.5 pp | Sep 2024 +1.2 pp | Dec 2024 — | Mar 2025 −9.6 pp | Jun 2025 −4.4 pp | Sep 2025 −0.7 pp | Dec 2025 +2.6 pp | Mar 2026 +9.6 pp | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.0 pp | Dec 2022 −30.1 pp | Mar 2023 — | Jun 2023 −6.1 pp | Sep 2023 −6.5 pp | Dec 2023 +23.5 pp | Mar 2024 — | Jun 2024 +3.1 pp | Sep 2024 +2.6 pp | Dec 2024 −1.6 pp | Mar 2025 −1.7 pp | Jun 2025 −0.9 pp | Sep 2025 −2.8 pp | Dec 2025 −2.1 pp | Mar 2026 — | Jun 2026 −2.6 pp
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 −0.8 pp | Jun 2025 +1.1 pp | Sep 2025 +0.8 pp | Dec 2025 −2.4 pp | Mar 2026 +0.5 pp | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 0.0 pp | Dec 2022 +9.2 pp | Mar 2023 — | Jun 2023 −2.3 pp | Sep 2023 −5.4 pp | Dec 2023 −9.2 pp | Mar 2024 — | Jun 2024 +7.3 pp | Sep 2024 +10.8 pp | Dec 2024 +4.0 pp | Mar 2025 −1.0 pp | Jun 2025 +1.6 pp | Sep 2025 −0.8 pp | Dec 2025 — | Mar 2026 −7.6 pp | Jun 2026 −12.9 pp
- WHR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +14.5 pp | Sep 2022 −5.5 pp | Dec 2022 −37.6 pp | Mar 2023 −8.5 pp | Jun 2023 +12.3 pp | Sep 2023 +0.6 pp | Dec 2023 +37.2 pp | Mar 2024 −3.5 pp | Jun 2024 −3.0 pp | Sep 2024 +1.4 pp | Dec 2024 −11.4 pp | Mar 2025 −14.2 pp | Jun 2025 +2.1 pp | Sep 2025 −1.5 pp | Dec 2025 +9.2 pp | Mar 2026 +4.1 pp | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.1 pp | Dec 2022 +0.7 pp | Mar 2023 −3.6 pp | Jun 2023 −6.3 pp | Sep 2023 −1.2 pp | Dec 2023 +1.4 pp | Mar 2024 +2.0 pp | Jun 2024 +7.8 pp | Sep 2024 +3.5 pp | Dec 2024 −1.2 pp | Mar 2025 −0.6 pp | Jun 2025 +2.9 pp | Sep 2025 +2.3 pp | Dec 2025 +1.3 pp | Mar 2026 — | Jun 2026 −4.1 pp
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 +1.8 pp | Jun 2023 +6.5 pp | Sep 2023 +4.9 pp | Dec 2023 +4.5 pp | Mar 2024 +0.1 pp | Jun 2024 −1.1 pp | Sep 2024 −5.6 pp | Dec 2024 −3.4 pp | Mar 2025 −4.2 pp | Jun 2025 −2.3 pp | Sep 2025 −2.0 pp | Dec 2025 −9.8 pp | Mar 2026 −8.6 pp | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +2.2 pp | Dec 2022 +0.7 pp | Mar 2023 +0.6 pp | Jun 2023 −1.9 pp | Sep 2023 −1.5 pp | Dec 2023 −3.5 pp | Mar 2024 −1.0 pp | Jun 2024 −0.5 pp | Sep 2024 −0.7 pp | Dec 2024 +0.8 pp | Mar 2025 +0.2 pp | Jun 2025 −3.9 pp | Sep 2025 −2.0 pp | Dec 2025 −0.5 pp | Mar 2026 −1.2 pp | Jun 2026 +2.0 pp
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 +0.4 pp | Dec 2023 +3.0 pp | Mar 2024 +26.8 pp | Jun 2024 −1.5 pp | Sep 2024 +9.8 pp | Dec 2024 +5.0 pp | Mar 2025 −14.3 pp | Jun 2025 +3.0 pp | Sep 2025 +3.8 pp | Dec 2025 −1.3 pp | Mar 2026 +14.2 pp | Jun 2026 −0.6 pp
- LEG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −2.8 pp | Sep 2022 −2.2 pp | Dec 2022 −3.8 pp | Mar 2023 −3.0 pp | Jun 2023 −2.9 pp | Sep 2023 −0.9 pp | Dec 2023 −40.5 pp | Mar 2024 −1.7 pp | Jun 2024 −62.2 pp | Sep 2024 −0.7 pp | Dec 2024 +37.0 pp | Mar 2025 +0.5 pp | Jun 2025 +62.9 pp | Sep 2025 +9.4 pp | Dec 2025 −0.7 pp | Mar 2026 −1.4 pp | Jun 2026 —
- ETD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +4.8 pp | Sep 2022 +3.5 pp | Dec 2022 +0.8 pp | Mar 2023 −1.0 pp | Jun 2023 −1.4 pp | Sep 2023 −7.3 pp | Dec 2023 −5.2 pp | Mar 2024 −5.0 pp | Jun 2024 −3.5 pp | Sep 2024 +0.2 pp | Dec 2024 −1.5 pp | Mar 2025 −2.8 pp | Jun 2025 −3.9 pp | Sep 2025 −4.6 pp | Dec 2025 −2.0 pp | Mar 2026 −2.9 pp | Jun 2026 —
- XMAX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +27.9 pp | Sep 2022 +7.7 pp | Dec 2022 +30.8 pp | Mar 2023 −40.6 pp | Jun 2023 +140.5 pp | Sep 2023 −10.8 pp | Dec 2023 +222.6 pp | Mar 2024 +0.5 pp | Jun 2024 −10.0 pp | Sep 2024 −49.6 pp | Dec 2024 +118.9 pp | Mar 2025 +55.3 pp | Jun 2025 +10.8 pp | Sep 2025 +87.0 pp | Dec 2025 −10.9 pp | Mar 2026 −22.7 pp | Jun 2026 —
- FLXS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −2.3 pp | Sep 2022 −3.9 pp | Dec 2022 +10.1 pp | Mar 2023 −2.0 pp | Jun 2023 +1.1 pp | Sep 2023 +1.6 pp | Dec 2023 +0.6 pp | Mar 2024 +0.7 pp | Jun 2024 +2.9 pp | Sep 2024 +3.8 pp | Dec 2024 +6.1 pp | Mar 2025 −7.2 pp | Jun 2025 +5.3 pp | Sep 2025 +2.3 pp | Dec 2025 −3.1 pp | Mar 2026 +11.5 pp | Jun 2026 —
- HBB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +3.1 pp | Sep 2022 +1.4 pp | Dec 2022 −3.4 pp | Mar 2023 −12.6 pp | Jun 2023 −3.2 pp | Sep 2023 +3.2 pp | Dec 2023 +6.4 pp | Mar 2024 +3.2 pp | Jun 2024 +5.9 pp | Sep 2024 −2.6 pp | Dec 2024 −1.1 pp | Mar 2025 +2.4 pp | Jun 2025 −1.7 pp | Sep 2025 −4.6 pp | Dec 2025 +0.9 pp | Mar 2026 +2.4 pp | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −3.3 pp | Dec 2022 −10.0 pp | Mar 2023 +3.0 pp | Jun 2023 −5.9 pp | Sep 2023 −6.1 pp | Dec 2023 +5.2 pp | Mar 2024 +0.8 pp | Jun 2024 −9.5 pp | Sep 2024 −4.7 pp | Dec 2024 −2.9 pp | Mar 2025 +3.6 pp | Jun 2025 +2.7 pp | Sep 2025 −0.2 pp | Dec 2025 −5.3 pp | Mar 2026 −1.6 pp | Jun 2026 −1.8 pp
- LCUT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −6.2 pp | Sep 2022 −5.5 pp | Dec 2022 +2.7 pp | Mar 2023 −3.6 pp | Jun 2023 +3.3 pp | Sep 2023 +3.0 pp | Dec 2023 +1.5 pp | Mar 2024 +2.5 pp | Jun 2024 −2.2 pp | Sep 2024 −2.4 pp | Dec 2024 −0.5 pp | Mar 2025 −0.5 pp | Jun 2025 −29.0 pp | Sep 2025 −0.8 pp | Dec 2025 +2.6 pp | Mar 2026 −2.4 pp | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +4.3 pp | Dec 2022 −0.3 pp | Mar 2023 −3.0 pp | Jun 2023 −6.1 pp | Sep 2023 −13.4 pp | Dec 2023 −10.3 pp | Mar 2024 −5.2 pp | Jun 2024 −12.6 pp | Sep 2024 −4.0 pp | Dec 2024 +5.9 pp | Mar 2025 +5.7 pp | Jun 2025 +13.1 pp | Sep 2025 +9.1 pp | Dec 2025 +1.5 pp | Mar 2026 −1.6 pp | Jun 2026 −0.3 pp
- COOK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −61.7 pp | Sep 2022 −163.3 pp | Dec 2022 +1.9 pp | Mar 2023 −0.5 pp | Jun 2023 +44.2 pp | Sep 2023 +202.9 pp | Dec 2023 +8.2 pp | Mar 2024 +2.0 pp | Jun 2024 +18.9 pp | Sep 2024 +4.8 pp | Dec 2024 +7.1 pp | Mar 2025 +2.5 pp | Jun 2025 −7.0 pp | Sep 2025 −60.4 pp | Dec 2025 −7.9 pp | Mar 2026 −3.5 pp | Jun 2026 —
- HOFT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.1 pp | Dec 2022 +5.5 pp | Mar 2023 −14.0 pp | Jun 2023 −1.1 pp | Sep 2023 −3.5 pp | Dec 2023 +3.3 pp | Mar 2024 +18.4 pp | Jun 2024 −7.1 pp | Sep 2024 −4.6 pp | Dec 2024 −13.7 pp | Mar 2025 −0.3 pp | Jun 2025 +4.8 pp | Sep 2025 −2.1 pp | Dec 2025 −16.9 pp | Mar 2026 +1.3 pp | Jun 2026 +3.0 pp
- KEQU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +2.0 pp | Dec 2022 +8.8 pp | Mar 2023 +5.9 pp | Jun 2023 +0.5 pp | Sep 2023 +8.4 pp | Dec 2023 +8.7 pp | Mar 2024 +4.3 pp | Jun 2024 +4.8 pp | Sep 2024 −2.3 pp | Dec 2024 −0.8 pp | Mar 2025 −4.8 pp | Jun 2025 +1.2 pp | Sep 2025 +1.5 pp | Dec 2025 −3.4 pp | Mar 2026 +0.4 pp | Jun 2026 −3.7 pp

## Profit Scale & Acceleration

What the numbers say: SharkNinja, Inc. leads with $705 million of TTM profit, 34.8% above Somnigroup International Inc.. Bassett Furniture Industries, Incorporated shows ≥100% on the scoring scale (200% uncapped) growth from a $6 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: SharkNinja, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: SharkNinja, Inc. · $705 million | 34.8% versus #2 · Somnigroup International Inc. | 8/8 recent comparable periods | 18/21 companies · 383 observations

Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

### Net profit — largest
1. SharkNinja, Inc. (SN): ₹705 Cr
2. Somnigroup International Inc. (SGI): ₹523 Cr
3. Leggett & Platt, Incorporated (LEG): ₹225 Cr
4. Whirlpool Corporation (WHR): ₹181 Cr
5. Alliance Laundry Holdings Inc. (ALH): ₹135 Cr

### Profit growth — fastest growers
1. Bassett Furniture Industries, Incorporated (BSET): 100%
2. Whirlpool Corporation (WHR): 100%
3. Alliance Laundry Holdings Inc. (ALH): 65%
4. SharkNinja, Inc. (SN): 58%
5. La-Z-Boy Incorporated (LZB): 2.0%

### 20-quarter Net profit history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 ₹89 Cr | Jun 2022 ₹16 Cr | Sep 2022 ₹80 Cr | Dec 2022 ₹47 Cr | Mar 2023 ₹87 Cr | Jun 2023 ₹12 Cr | Sep 2023 ₹19 Cr | Dec 2023 ₹49 Cr | Mar 2024 ₹110 Cr | Jun 2024 ₹68 Cr | Sep 2024 ₹132 Cr | Dec 2024 ₹129 Cr | Mar 2025 ₹118 Cr | Jun 2025 ₹140 Cr | Sep 2025 ₹189 Cr | Dec 2025 ₹255 Cr | Mar 2026 ₹121 Cr | Jun 2026 —
- SGI: Sep 2021 ₹177 Cr | Dec 2021 ₹177 Cr | Mar 2022 ₹131 Cr | Jun 2022 ₹91 Cr | Sep 2022 ₹133 Cr | Dec 2022 ₹103 Cr | Mar 2023 ₹86 Cr | Jun 2023 ₹93 Cr | Sep 2023 ₹114 Cr | Dec 2023 — | Mar 2024 ₹78 Cr | Jun 2024 ₹107 Cr | Sep 2024 ₹130 Cr | Dec 2024 ₹73 Cr | Mar 2025 ₹-33 Cr | Jun 2025 ₹100 Cr | Sep 2025 ₹178 Cr | Dec 2025 ₹141 Cr | Mar 2026 ₹104 Cr | Jun 2026 —
- MHK: Sep 2021 ₹336 Cr | Dec 2021 ₹271 Cr | Mar 2022 — | Jun 2022 ₹245 Cr | Sep 2022 ₹281 Cr | Dec 2022 ₹-534 Cr | Mar 2023 — | Jun 2023 ₹80 Cr | Sep 2023 ₹101 Cr | Dec 2023 ₹130 Cr | Mar 2024 ₹105 Cr | Jun 2024 ₹158 Cr | Sep 2024 ₹162 Cr | Dec 2024 ₹90 Cr | Mar 2025 ₹73 Cr | Jun 2025 ₹147 Cr | Sep 2025 ₹109 Cr | Dec 2025 ₹42 Cr | Mar 2026 — | Jun 2026 ₹117 Cr
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹34 Cr | Jun 2024 ₹34 Cr | Sep 2024 ₹-6 Cr | Dec 2024 ₹37 Cr | Mar 2025 ₹17 Cr | Jun 2025 ₹24 Cr | Sep 2025 ₹33 Cr | Dec 2025 ₹21 Cr | Mar 2026 ₹57 Cr | Jun 2026 —
- HNI: Sep 2021 ₹17 Cr | Dec 2021 ₹19 Cr | Mar 2022 ₹8 Cr | Jun 2022 ₹14 Cr | Sep 2022 ₹30 Cr | Dec 2022 ₹63 Cr | Mar 2023 — | Jun 2023 ₹2 Cr | Sep 2023 ₹-13 Cr | Dec 2023 ₹23 Cr | Mar 2024 ₹18 Cr | Jun 2024 ₹36 Cr | Sep 2024 ₹48 Cr | Dec 2024 ₹38 Cr | Mar 2025 ₹14 Cr | Jun 2025 ₹48 Cr | Sep 2025 ₹41 Cr | Dec 2025 — | Mar 2026 ₹-49 Cr | Jun 2026 ₹-39 Cr
- WHR: Sep 2021 ₹486 Cr | Dec 2021 ₹300 Cr | Mar 2022 ₹316 Cr | Jun 2022 ₹-368 Cr | Sep 2022 ₹145 Cr | Dec 2022 ₹-1.6K Cr | Mar 2023 ₹-176 Cr | Jun 2023 ₹87 Cr | Sep 2023 ₹85 Cr | Dec 2023 ₹492 Cr | Mar 2024 ₹-253 Cr | Jun 2024 ₹225 Cr | Sep 2024 ₹114 Cr | Dec 2024 ₹-390 Cr | Mar 2025 ₹79 Cr | Jun 2025 ₹75 Cr | Sep 2025 ₹76 Cr | Dec 2025 ₹112 Cr | Mar 2026 ₹-82 Cr | Jun 2026 —
- TILE: Sep 2021 ₹16 Cr | Dec 2021 ₹11 Cr | Mar 2022 ₹22 Cr | Jun 2022 ₹13 Cr | Sep 2022 ₹17 Cr | Dec 2022 ₹14 Cr | Mar 2023 ₹-25 Cr | Jun 2023 ₹-1 Cr | Sep 2023 ₹16 Cr | Dec 2023 ₹10 Cr | Mar 2024 ₹14 Cr | Jun 2024 ₹23 Cr | Sep 2024 ₹28 Cr | Dec 2024 ₹22 Cr | Mar 2025 ₹13 Cr | Jun 2025 ₹33 Cr | Sep 2025 ₹46 Cr | Dec 2025 ₹24 Cr | Mar 2026 — | Jun 2026 ₹24 Cr
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 ₹47 Cr | Jun 2022 ₹41 Cr | Sep 2022 ₹52 Cr | Dec 2022 ₹15 Cr | Mar 2023 ₹35 Cr | Jun 2023 ₹51 Cr | Sep 2023 ₹60 Cr | Dec 2023 ₹36 Cr | Mar 2024 ₹38 Cr | Jun 2024 ₹45 Cr | Sep 2024 ₹29 Cr | Dec 2024 ₹14 Cr | Mar 2025 ₹13 Cr | Jun 2025 ₹37 Cr | Sep 2025 ₹18 Cr | Dec 2025 ₹-42 Cr | Mar 2026 ₹-15 Cr | Jun 2026 —
- LZB: Sep 2021 ₹25 Cr | Dec 2021 ₹40 Cr | Mar 2022 ₹29 Cr | Jun 2022 ₹58 Cr | Sep 2022 ₹39 Cr | Dec 2022 ₹47 Cr | Mar 2023 ₹32 Cr | Jun 2023 ₹35 Cr | Sep 2023 ₹28 Cr | Dec 2023 ₹28 Cr | Mar 2024 ₹29 Cr | Jun 2024 ₹40 Cr | Sep 2024 ₹27 Cr | Dec 2024 ₹30 Cr | Mar 2025 ₹29 Cr | Jun 2025 ₹15 Cr | Sep 2025 ₹18 Cr | Dec 2025 ₹29 Cr | Mar 2026 ₹22 Cr | Jun 2026 ₹34 Cr
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 ₹-6 Cr | Dec 2022 ₹-2 Cr | Mar 2023 ₹-21 Cr | Jun 2023 ₹48 Cr | Sep 2023 ₹-9 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹23 Cr | Jun 2024 ₹11 Cr | Sep 2024 ₹-1 Cr | Dec 2024 ₹35 Cr | Mar 2025 ₹-12 Cr | Jun 2025 ₹-56 Cr | Sep 2025 ₹21 Cr | Dec 2025 ₹25 Cr | Mar 2026 ₹25 Cr | Jun 2026 ₹25 Cr
- LEG: Sep 2021 ₹97 Cr | Dec 2021 ₹106 Cr | Mar 2022 ₹90 Cr | Jun 2022 ₹95 Cr | Sep 2022 ₹72 Cr | Dec 2022 ₹53 Cr | Mar 2023 ₹54 Cr | Jun 2023 ₹54 Cr | Sep 2023 ₹53 Cr | Dec 2023 ₹-297 Cr | Mar 2024 ₹32 Cr | Jun 2024 ₹-602 Cr | Sep 2024 ₹45 Cr | Dec 2024 ₹14 Cr | Mar 2025 ₹31 Cr | Jun 2025 ₹53 Cr | Sep 2025 ₹127 Cr | Dec 2025 ₹25 Cr | Mar 2026 ₹20 Cr | Jun 2026 —
- ETD: Sep 2021 ₹20 Cr | Dec 2021 ₹27 Cr | Mar 2022 ₹25 Cr | Jun 2022 ₹32 Cr | Sep 2022 ₹30 Cr | Dec 2022 ₹28 Cr | Mar 2023 ₹22 Cr | Jun 2023 ₹25 Cr | Sep 2023 ₹15 Cr | Dec 2023 ₹17 Cr | Mar 2024 ₹13 Cr | Jun 2024 ₹19 Cr | Sep 2024 ₹15 Cr | Dec 2024 ₹15 Cr | Mar 2025 ₹10 Cr | Jun 2025 ₹12 Cr | Sep 2025 ₹10 Cr | Dec 2025 ₹12 Cr | Mar 2026 ₹6 Cr | Jun 2026 —
- XMAX: Sep 2021 ₹-1 Cr | Dec 2021 ₹-11 Cr | Mar 2022 ₹-1 Cr | Jun 2022 ₹-6 Cr | Sep 2022 ₹-2 Cr | Dec 2022 ₹-9 Cr | Mar 2023 ₹-1 Cr | Jun 2023 ₹-1 Cr | Sep 2023 ₹-1 Cr | Dec 2023 ₹-5 Cr | Mar 2024 ₹-1 Cr | Jun 2024 ₹-1 Cr | Sep 2024 ₹-2 Cr | Dec 2024 ₹-1 Cr | Mar 2025 ₹0 Cr | Jun 2025 ₹0 Cr | Sep 2025 ₹-1 Cr | Dec 2025 ₹-2 Cr | Mar 2026 ₹0 Cr | Jun 2026 —
- FLXS: Sep 2021 ₹4 Cr | Dec 2021 ₹-8 Cr | Mar 2022 ₹5 Cr | Jun 2022 ₹0 Cr | Sep 2022 ₹0 Cr | Dec 2022 ₹3 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹10 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹3 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹5 Cr | Sep 2024 ₹4 Cr | Dec 2024 ₹9 Cr | Mar 2025 ₹-4 Cr | Jun 2025 ₹11 Cr | Sep 2025 ₹7 Cr | Dec 2025 ₹7 Cr | Mar 2026 ₹6 Cr | Jun 2026 —
- HBB: Sep 2021 ₹6 Cr | Dec 2021 ₹13 Cr | Mar 2022 ₹7 Cr | Jun 2022 ₹5 Cr | Sep 2022 ₹6 Cr | Dec 2022 ₹7 Cr | Mar 2023 ₹-5 Cr | Jun 2023 ₹0 Cr | Sep 2023 ₹10 Cr | Dec 2023 ₹20 Cr | Mar 2024 ₹-1 Cr | Jun 2024 ₹6 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹24 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹4 Cr | Sep 2025 ₹2 Cr | Dec 2025 ₹19 Cr | Mar 2026 ₹4 Cr | Jun 2026 —
- LOVE: Sep 2021 ₹8 Cr | Dec 2021 ₹3 Cr | Mar 2022 ₹33 Cr | Jun 2022 ₹2 Cr | Sep 2022 ₹6 Cr | Dec 2022 ₹-7 Cr | Mar 2023 ₹26 Cr | Jun 2023 ₹-4 Cr | Sep 2023 ₹-1 Cr | Dec 2023 ₹-2 Cr | Mar 2024 ₹31 Cr | Jun 2024 ₹-13 Cr | Sep 2024 ₹-6 Cr | Dec 2024 ₹-5 Cr | Mar 2025 ₹35 Cr | Jun 2025 ₹-11 Cr | Sep 2025 ₹-7 Cr | Dec 2025 ₹-11 Cr | Mar 2026 ₹32 Cr | Jun 2026 ₹-11 Cr
- LCUT: Sep 2021 ₹12 Cr | Dec 2021 ₹-1 Cr | Mar 2022 ₹0 Cr | Jun 2022 ₹-4 Cr | Sep 2022 ₹2 Cr | Dec 2022 ₹5 Cr | Mar 2023 ₹-6 Cr | Jun 2023 ₹-1 Cr | Sep 2023 ₹5 Cr | Dec 2023 ₹6 Cr | Mar 2024 ₹-4 Cr | Jun 2024 ₹-18 Cr | Sep 2024 ₹0 Cr | Dec 2024 ₹9 Cr | Mar 2025 ₹-4 Cr | Jun 2025 ₹-40 Cr | Sep 2025 ₹-1 Cr | Dec 2025 ₹18 Cr | Mar 2026 ₹-5 Cr | Jun 2026 —
- BSET: Sep 2021 ₹3 Cr | Dec 2021 ₹5 Cr | Mar 2022 ₹4 Cr | Jun 2022 ₹8 Cr | Sep 2022 ₹8 Cr | Dec 2022 ₹6 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹-3 Cr | Dec 2023 ₹-4 Cr | Mar 2024 ₹-1 Cr | Jun 2024 ₹-7 Cr | Sep 2024 ₹-5 Cr | Dec 2024 ₹3 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹2 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹2 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹2 Cr
- COOK: Sep 2021 ₹-89 Cr | Dec 2021 ₹-37 Cr | Mar 2022 ₹-9 Cr | Jun 2022 ₹-133 Cr | Sep 2022 ₹-211 Cr | Dec 2022 ₹-29 Cr | Mar 2023 ₹-11 Cr | Jun 2023 ₹-30 Cr | Sep 2023 ₹-19 Cr | Dec 2023 ₹-24 Cr | Mar 2024 ₹-5 Cr | Jun 2024 ₹-3 Cr | Sep 2024 ₹-20 Cr | Dec 2024 ₹-7 Cr | Mar 2025 ₹-1 Cr | Jun 2025 ₹-7 Cr | Sep 2025 ₹-90 Cr | Dec 2025 ₹-17 Cr | Mar 2026 ₹3 Cr | Jun 2026 —
- HOFT: Sep 2021 ₹7 Cr | Dec 2021 ₹-1 Cr | Mar 2022 ₹-4 Cr | Jun 2022 ₹3 Cr | Sep 2022 ₹6 Cr | Dec 2022 ₹5 Cr | Mar 2023 ₹-18 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹7 Cr | Mar 2024 ₹1 Cr | Jun 2024 ₹-4 Cr | Sep 2024 ₹-2 Cr | Dec 2024 ₹-4 Cr | Mar 2025 ₹0 Cr | Jun 2025 ₹-1 Cr | Sep 2025 ₹-3 Cr | Dec 2025 ₹-13 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹1 Cr
- KEQU: Sep 2021 ₹-1 Cr | Dec 2021 ₹-3 Cr | Mar 2022 ₹-1 Cr | Jun 2022 ₹0 Cr | Sep 2022 ₹-1 Cr | Dec 2022 ₹0 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹3 Cr | Dec 2023 ₹3 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹11 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹3 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹5 Cr | Sep 2025 ₹3 Cr | Dec 2025 ₹3 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹4 Cr

### 20-quarter Profit growth history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 -2.3% | Jun 2023 -25% | Sep 2023 -76% | Dec 2023 4.3% | Mar 2024 26% | Jun 2024 467% | Sep 2024 595% | Dec 2024 163% | Mar 2025 7.3% | Jun 2025 106% | Sep 2025 43% | Dec 2025 98% | Mar 2026 2.5% | Jun 2026 —
- SGI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -35% | Sep 2022 -25% | Dec 2022 -42% | Mar 2023 -34% | Jun 2023 2.2% | Sep 2023 -14% | Dec 2023 — | Mar 2024 -9.3% | Jun 2024 15% | Sep 2024 14% | Dec 2024 — | Mar 2025 -142% | Jun 2025 -6.5% | Sep 2025 37% | Dec 2025 93% | Mar 2026 — | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -16% | Dec 2022 -297% | Mar 2023 — | Jun 2023 -67% | Sep 2023 -64% | Dec 2023 — | Mar 2024 — | Jun 2024 98% | Sep 2024 60% | Dec 2024 -31% | Mar 2025 -30% | Jun 2025 -7.0% | Sep 2025 -33% | Dec 2025 -53% | Mar 2026 — | Jun 2026 -20%
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 -50% | Jun 2025 -29% | Sep 2025 — | Dec 2025 -43% | Mar 2026 235% | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 76% | Dec 2022 232% | Mar 2023 — | Jun 2023 -86% | Sep 2023 -143% | Dec 2023 -63% | Mar 2024 — | Jun 2024 1,700% | Sep 2024 — | Dec 2024 65% | Mar 2025 -22% | Jun 2025 33% | Sep 2025 -15% | Dec 2025 — | Mar 2026 -450% | Jun 2026 -181%
- WHR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -163% | Sep 2022 -70% | Dec 2022 -635% | Mar 2023 -156% | Jun 2023 — | Sep 2023 -41% | Dec 2023 — | Mar 2024 — | Jun 2024 159% | Sep 2024 34% | Dec 2024 -179% | Mar 2025 — | Jun 2025 -67% | Sep 2025 -33% | Dec 2025 — | Mar 2026 -204% | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 6.3% | Dec 2022 27% | Mar 2023 -214% | Jun 2023 -108% | Sep 2023 -5.9% | Dec 2023 -29% | Mar 2024 — | Jun 2024 — | Sep 2024 75% | Dec 2024 120% | Mar 2025 -7.1% | Jun 2025 43% | Sep 2025 64% | Dec 2025 9.1% | Mar 2026 — | Jun 2026 -27%
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 -26% | Jun 2023 24% | Sep 2023 15% | Dec 2023 140% | Mar 2024 8.6% | Jun 2024 -12% | Sep 2024 -52% | Dec 2024 -61% | Mar 2025 -66% | Jun 2025 -18% | Sep 2025 -38% | Dec 2025 -400% | Mar 2026 -215% | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 56% | Dec 2022 18% | Mar 2023 10% | Jun 2023 -40% | Sep 2023 -28% | Dec 2023 -40% | Mar 2024 -9.4% | Jun 2024 14% | Sep 2024 -3.6% | Dec 2024 7.1% | Mar 2025 0.0% | Jun 2025 -63% | Sep 2025 -33% | Dec 2025 -3.3% | Mar 2026 -24% | Jun 2026 127%
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 -77% | Sep 2024 — | Dec 2024 1,650% | Mar 2025 -152% | Jun 2025 -609% | Sep 2025 — | Dec 2025 -29% | Mar 2026 — | Jun 2026 —
- LEG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -15% | Sep 2022 -26% | Dec 2022 -50% | Mar 2023 -40% | Jun 2023 -43% | Sep 2023 -26% | Dec 2023 -660% | Mar 2024 -41% | Jun 2024 -1,215% | Sep 2024 -15% | Dec 2024 — | Mar 2025 -3.1% | Jun 2025 — | Sep 2025 182% | Dec 2025 79% | Mar 2026 -35% | Jun 2026 —
- ETD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 78% | Sep 2022 50% | Dec 2022 3.7% | Mar 2023 -12% | Jun 2023 -22% | Sep 2023 -50% | Dec 2023 -39% | Mar 2024 -41% | Jun 2024 -24% | Sep 2024 0.0% | Dec 2024 -12% | Mar 2025 -23% | Jun 2025 -37% | Sep 2025 -33% | Dec 2025 -20% | Mar 2026 -40% | Jun 2026 —
- FLXS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -100% | Sep 2022 -100% | Dec 2022 — | Mar 2023 -80% | Jun 2023 — | Sep 2023 — | Dec 2023 0.0% | Mar 2024 100% | Jun 2024 -50% | Sep 2024 300% | Dec 2024 200% | Mar 2025 -300% | Jun 2025 120% | Sep 2025 75% | Dec 2025 -22% | Mar 2026 — | Jun 2026 —
- HBB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 0.0% | Dec 2022 -46% | Mar 2023 -171% | Jun 2023 -100% | Sep 2023 67% | Dec 2023 186% | Mar 2024 — | Jun 2024 — | Sep 2024 -80% | Dec 2024 20% | Mar 2025 — | Jun 2025 -33% | Sep 2025 0.0% | Dec 2025 -21% | Mar 2026 100% | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -25% | Dec 2022 -333% | Mar 2023 -21% | Jun 2023 -300% | Sep 2023 -117% | Dec 2023 — | Mar 2024 19% | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 13% | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 -8.6% | Jun 2026 —
- LCUT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -180% | Sep 2022 -83% | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 150% | Dec 2023 20% | Mar 2024 — | Jun 2024 — | Sep 2024 -100% | Dec 2024 50% | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 100% | Mar 2026 — | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 167% | Dec 2022 20% | Mar 2023 -75% | Jun 2023 -75% | Sep 2023 -138% | Dec 2023 -167% | Mar 2024 -200% | Jun 2024 -450% | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 -33% | Mar 2026 -50% | Jun 2026 0.0%
- HOFT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -14% | Dec 2022 — | Mar 2023 — | Jun 2023 -67% | Sep 2023 -83% | Dec 2023 40% | Mar 2024 — | Jun 2024 -500% | Sep 2024 -300% | Dec 2024 -157% | Mar 2025 -100% | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- KEQU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 200% | Jun 2024 1,000% | Sep 2024 -33% | Dec 2024 0.0% | Mar 2025 -67% | Jun 2025 -55% | Sep 2025 50% | Dec 2025 0.0% | Mar 2026 0.0% | Jun 2026 -20%

## Capacity Spending & Returns On It

What the numbers say: Whirlpool Corporation reports $225 million of CAPEX; Whirlpool Corporation has the highest covered intensity at 6.9%. Coverage is only 21 of 21 companies and 365 reported observations, so this is partial evidence—not a complete sector rank.

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

Evidence: Whirlpool Corporation · $225 million | 120.6% versus #2 · Mohawk Industries, Inc. | 8/8 recent comparable periods | 21/21 companies · 365 observations

Definition: CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.

### CAPEX — largest spenders
1. Whirlpool Corporation (WHR): ₹225 Cr
2. Mohawk Industries, Inc. (MHK): ₹102 Cr
3. Somnigroup International Inc. (SGI): ₹61 Cr
4. MillerKnoll, Inc. (MLKN): ₹39 Cr
5. HNI Corporation (HNI): ₹34 Cr

### CAPEX intensity — highest reinvestment intensity
1. Whirlpool Corporation (WHR): 6.9%
2. MillerKnoll, Inc. (MLKN): 3.9%
3. Mohawk Industries, Inc. (MHK): 3.7%
4. The Lovesac Company (LOVE): 3.6%
5. La-Z-Boy Incorporated (LZB): 3.5%

### 20-quarter CAPEX history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 ₹8 Cr | Jun 2022 ₹24 Cr | Sep 2022 ₹20 Cr | Dec 2022 ₹27 Cr | Mar 2023 ₹22 Cr | Jun 2023 ₹25 Cr | Sep 2023 ₹24 Cr | Dec 2023 ₹52 Cr | Mar 2024 ₹24 Cr | Jun 2024 ₹30 Cr | Sep 2024 ₹41 Cr | Dec 2024 ₹42 Cr | Mar 2025 ₹33 Cr | Jun 2025 ₹27 Cr | Sep 2025 ₹25 Cr | Dec 2025 ₹61 Cr | Mar 2026 ₹34 Cr | Jun 2026 —
- SGI: Sep 2021 ₹30 Cr | Dec 2021 ₹41 Cr | Mar 2022 ₹60 Cr | Jun 2022 ₹70 Cr | Sep 2022 ₹86 Cr | Dec 2022 ₹91 Cr | Mar 2023 ₹52 Cr | Jun 2023 ₹61 Cr | Sep 2023 ₹41 Cr | Dec 2023 — | Mar 2024 ₹32 Cr | Jun 2024 ₹29 Cr | Sep 2024 ₹16 Cr | Dec 2024 ₹21 Cr | Mar 2025 ₹24 Cr | Jun 2025 ₹37 Cr | Sep 2025 ₹48 Cr | Dec 2025 ₹58 Cr | Mar 2026 ₹61 Cr | Jun 2026 —
- MHK: Sep 2021 ₹113 Cr | Dec 2021 ₹148 Cr | Mar 2022 — | Jun 2022 ₹129 Cr | Sep 2022 ₹151 Cr | Dec 2022 ₹150 Cr | Mar 2023 — | Jun 2023 ₹129 Cr | Sep 2023 ₹117 Cr | Dec 2023 ₹240 Cr | Mar 2024 ₹87 Cr | Jun 2024 ₹91 Cr | Sep 2024 ₹115 Cr | Dec 2024 ₹161 Cr | Mar 2025 ₹89 Cr | Jun 2025 ₹80 Cr | Sep 2025 ₹76 Cr | Dec 2025 ₹194 Cr | Mar 2026 — | Jun 2026 ₹102 Cr
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹5 Cr | Jun 2024 ₹5 Cr | Sep 2024 ₹13 Cr | Dec 2024 ₹20 Cr | Mar 2025 ₹8 Cr | Jun 2025 ₹8 Cr | Sep 2025 ₹4 Cr | Dec 2025 ₹33 Cr | Mar 2026 ₹5 Cr | Jun 2026 —
- HNI: Sep 2021 ₹10 Cr | Dec 2021 ₹12 Cr | Mar 2022 ₹15 Cr | Jun 2022 ₹15 Cr | Sep 2022 ₹13 Cr | Dec 2022 ₹14 Cr | Mar 2023 — | Jun 2023 ₹20 Cr | Sep 2023 ₹18 Cr | Dec 2023 ₹16 Cr | Mar 2024 ₹11 Cr | Jun 2024 ₹17 Cr | Sep 2024 ₹14 Cr | Dec 2024 ₹9 Cr | Mar 2025 ₹16 Cr | Jun 2025 ₹15 Cr | Sep 2025 ₹19 Cr | Dec 2025 — | Mar 2026 ₹16 Cr | Jun 2026 ₹34 Cr
- WHR: Sep 2021 ₹171 Cr | Dec 2021 ₹171 Cr | Mar 2022 ₹87 Cr | Jun 2022 ₹130 Cr | Sep 2022 ₹117 Cr | Dec 2022 ₹236 Cr | Mar 2023 ₹96 Cr | Jun 2023 ₹121 Cr | Sep 2023 ₹121 Cr | Dec 2023 ₹211 Cr | Mar 2024 ₹115 Cr | Jun 2024 ₹113 Cr | Sep 2024 ₹87 Cr | Dec 2024 ₹136 Cr | Mar 2025 ₹72 Cr | Jun 2025 ₹82 Cr | Sep 2025 ₹85 Cr | Dec 2025 ₹150 Cr | Mar 2026 ₹225 Cr | Jun 2026 —
- TILE: Sep 2021 ₹7 Cr | Dec 2021 ₹5 Cr | Mar 2022 ₹11 Cr | Jun 2022 ₹5 Cr | Sep 2022 ₹4 Cr | Dec 2022 ₹4 Cr | Mar 2023 ₹5 Cr | Jun 2023 ₹6 Cr | Sep 2023 ₹6 Cr | Dec 2023 ₹6 Cr | Mar 2024 ₹4 Cr | Jun 2024 ₹10 Cr | Sep 2024 ₹7 Cr | Dec 2024 ₹14 Cr | Mar 2025 ₹7 Cr | Jun 2025 ₹7 Cr | Sep 2025 ₹11 Cr | Dec 2025 ₹21 Cr | Mar 2026 — | Jun 2026 ₹10 Cr
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 ₹11 Cr | Jun 2022 ₹11 Cr | Sep 2022 ₹10 Cr | Dec 2022 ₹24 Cr | Mar 2023 ₹3 Cr | Jun 2023 ₹9 Cr | Sep 2023 ₹10 Cr | Dec 2023 — | Mar 2024 ₹7 Cr | Jun 2024 ₹11 Cr | Sep 2024 ₹16 Cr | Dec 2024 — | Mar 2025 ₹10 Cr | Jun 2025 ₹18 Cr | Sep 2025 ₹16 Cr | Dec 2025 — | Mar 2026 ₹13 Cr | Jun 2026 —
- LZB: Sep 2021 ₹19 Cr | Dec 2021 ₹14 Cr | Mar 2022 ₹25 Cr | Jun 2022 ₹18 Cr | Sep 2022 ₹21 Cr | Dec 2022 ₹19 Cr | Mar 2023 ₹17 Cr | Jun 2023 ₹11 Cr | Sep 2023 ₹13 Cr | Dec 2023 ₹13 Cr | Mar 2024 ₹12 Cr | Jun 2024 ₹16 Cr | Sep 2024 ₹16 Cr | Dec 2024 ₹17 Cr | Mar 2025 ₹19 Cr | Jun 2025 ₹23 Cr | Sep 2025 ₹18 Cr | Dec 2025 ₹20 Cr | Mar 2026 ₹18 Cr | Jun 2026 ₹20 Cr
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 ₹1 Cr | Sep 2022 ₹1 Cr | Dec 2022 ₹1 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹39 Cr | Sep 2023 ₹39 Cr | Dec 2023 ₹39 Cr | Mar 2024 ₹38 Cr | Jun 2024 ₹22 Cr | Sep 2024 ₹23 Cr | Dec 2024 ₹51 Cr | Mar 2025 ₹1 Cr | Jun 2025 — | Sep 2025 ₹31 Cr | Dec 2025 ₹31 Cr | Mar 2026 ₹22 Cr | Jun 2026 ₹39 Cr
- LEG: Sep 2021 ₹27 Cr | Dec 2021 ₹31 Cr | Mar 2022 ₹19 Cr | Jun 2022 ₹22 Cr | Sep 2022 ₹25 Cr | Dec 2022 ₹35 Cr | Mar 2023 ₹38 Cr | Jun 2023 ₹31 Cr | Sep 2023 ₹22 Cr | Dec 2023 ₹23 Cr | Mar 2024 ₹26 Cr | Jun 2024 ₹16 Cr | Sep 2024 ₹18 Cr | Dec 2024 ₹22 Cr | Mar 2025 ₹13 Cr | Jun 2025 ₹9 Cr | Sep 2025 ₹16 Cr | Dec 2025 ₹20 Cr | Mar 2026 ₹24 Cr | Jun 2026 —
- ETD: Sep 2021 ₹2 Cr | Dec 2021 ₹2 Cr | Mar 2022 ₹5 Cr | Jun 2022 ₹4 Cr | Sep 2022 ₹3 Cr | Dec 2022 ₹5 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹3 Cr | Sep 2023 ₹4 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹2 Cr | Sep 2024 ₹4 Cr | Dec 2024 ₹4 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹2 Cr | Sep 2025 ₹2 Cr | Dec 2025 ₹3 Cr | Mar 2026 ₹3 Cr | Jun 2026 —
- XMAX: Sep 2021 ₹0 Cr | Dec 2021 ₹0 Cr | Mar 2022 — | Jun 2022 — | Sep 2022 ₹0 Cr | Dec 2022 ₹0 Cr | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- FLXS: Sep 2021 ₹1 Cr | Dec 2021 ₹1 Cr | Mar 2022 ₹1 Cr | Jun 2022 ₹1 Cr | Sep 2022 ₹2 Cr | Dec 2022 ₹0 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹1 Cr | Jun 2024 ₹0 Cr | Sep 2024 ₹0 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹2 Cr | Mar 2026 ₹0 Cr | Jun 2026 —
- HBB: Sep 2021 ₹1 Cr | Dec 2021 ₹3 Cr | Mar 2022 ₹0 Cr | Jun 2022 ₹0 Cr | Sep 2022 ₹1 Cr | Dec 2022 ₹1 Cr | Mar 2023 ₹0 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹1 Cr | Mar 2024 ₹1 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹0 Cr | Jun 2026 —
- LOVE: Sep 2021 ₹4 Cr | Dec 2021 ₹4 Cr | Mar 2022 ₹5 Cr | Jun 2022 ₹4 Cr | Sep 2022 ₹6 Cr | Dec 2022 ₹8 Cr | Mar 2023 ₹7 Cr | Jun 2023 ₹4 Cr | Sep 2023 ₹8 Cr | Dec 2023 ₹10 Cr | Mar 2024 ₹7 Cr | Jun 2024 ₹7 Cr | Sep 2024 ₹6 Cr | Dec 2024 ₹2 Cr | Mar 2025 ₹5 Cr | Jun 2025 ₹9 Cr | Sep 2025 ₹4 Cr | Dec 2025 ₹5 Cr | Mar 2026 ₹5 Cr | Jun 2026 ₹5 Cr
- LCUT: Sep 2021 ₹1 Cr | Dec 2021 ₹1 Cr | Mar 2022 ₹0 Cr | Jun 2022 ₹1 Cr | Sep 2022 ₹0 Cr | Dec 2022 ₹1 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹0 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹1 Cr | Mar 2024 ₹1 Cr | Jun 2024 ₹0 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹0 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹4 Cr | Jun 2026 —
- BSET: Sep 2021 ₹4 Cr | Dec 2021 ₹4 Cr | Mar 2022 ₹2 Cr | Jun 2022 ₹10 Cr | Sep 2022 ₹5 Cr | Dec 2022 ₹4 Cr | Mar 2023 ₹3 Cr | Jun 2023 ₹4 Cr | Sep 2023 ₹7 Cr | Dec 2023 ₹3 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹2 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹0 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹2 Cr
- COOK: Sep 2021 ₹7 Cr | Dec 2021 ₹4 Cr | Mar 2022 ₹5 Cr | Jun 2022 ₹8 Cr | Sep 2022 ₹3 Cr | Dec 2022 ₹3 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹7 Cr | Sep 2023 ₹7 Cr | Dec 2023 ₹4 Cr | Mar 2024 ₹6 Cr | Jun 2024 ₹2 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹2 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹3 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹3 Cr | Jun 2026 —
- HOFT: Sep 2021 ₹1 Cr | Dec 2021 ₹3 Cr | Mar 2022 ₹7 Cr | Jun 2022 ₹1 Cr | Sep 2022 ₹1 Cr | Dec 2022 ₹2 Cr | Mar 2023 ₹22 Cr | Jun 2023 ₹3 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹0 Cr
- KEQU: Sep 2021 ₹0 Cr | Dec 2021 ₹0 Cr | Mar 2022 ₹0 Cr | Jun 2022 ₹1 Cr | Sep 2022 ₹0 Cr | Dec 2022 ₹1 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹3 Cr | Sep 2023 ₹2 Cr | Dec 2023 ₹1 Cr | Mar 2024 ₹0 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹0 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹2 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹1 Cr

### 20-quarter CAPEX intensity history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 1.0% | Jun 2022 3.1% | Sep 2022 2.1% | Dec 2022 2.3% | Mar 2023 2.6% | Jun 2023 2.6% | Sep 2023 2.2% | Dec 2023 3.8% | Mar 2024 2.3% | Jun 2024 2.4% | Sep 2024 2.9% | Dec 2024 2.4% | Mar 2025 2.7% | Jun 2025 1.9% | Sep 2025 1.5% | Dec 2025 2.9% | Mar 2026 2.4% | Jun 2026 —
- SGI: Sep 2021 2.2% | Dec 2021 3.0% | Mar 2022 4.8% | Jun 2022 5.8% | Sep 2022 6.7% | Dec 2022 7.7% | Mar 2023 4.3% | Jun 2023 4.8% | Sep 2023 3.2% | Dec 2023 — | Mar 2024 2.7% | Jun 2024 2.4% | Sep 2024 1.2% | Dec 2024 1.7% | Mar 2025 1.5% | Jun 2025 2.0% | Sep 2025 2.3% | Dec 2025 3.1% | Mar 2026 3.4% | Jun 2026 —
- MHK: Sep 2021 3.8% | Dec 2021 5.3% | Mar 2022 — | Jun 2022 4.3% | Sep 2022 4.8% | Dec 2022 5.1% | Mar 2023 — | Jun 2023 4.6% | Sep 2023 4.0% | Dec 2023 9.2% | Mar 2024 3.2% | Jun 2024 3.2% | Sep 2024 4.2% | Dec 2024 6.1% | Mar 2025 3.5% | Jun 2025 2.9% | Sep 2025 2.8% | Dec 2025 7.2% | Mar 2026 — | Jun 2026 3.7%
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 1.4% | Jun 2024 1.4% | Sep 2024 3.4% | Dec 2024 5.1% | Mar 2025 2.1% | Jun 2025 1.8% | Sep 2025 0.9% | Dec 2025 7.6% | Mar 2026 1.2% | Jun 2026 —
- HNI: Sep 2021 2.0% | Dec 2021 2.0% | Mar 2022 2.5% | Jun 2022 2.6% | Sep 2022 2.1% | Dec 2022 2.3% | Mar 2023 — | Jun 2023 4.2% | Sep 2023 3.2% | Dec 2023 2.4% | Mar 2024 1.9% | Jun 2024 2.7% | Sep 2024 2.1% | Dec 2024 1.4% | Mar 2025 2.7% | Jun 2025 2.2% | Sep 2025 2.8% | Dec 2025 — | Mar 2026 1.8% | Jun 2026 2.5%
- WHR: Sep 2021 3.1% | Dec 2021 2.9% | Mar 2022 1.8% | Jun 2022 2.6% | Sep 2022 2.4% | Dec 2022 4.8% | Mar 2023 2.1% | Jun 2023 2.5% | Sep 2023 2.5% | Dec 2023 4.1% | Mar 2024 2.6% | Jun 2024 2.8% | Sep 2024 2.2% | Dec 2024 3.3% | Mar 2025 2.0% | Jun 2025 2.2% | Sep 2025 2.1% | Dec 2025 3.7% | Mar 2026 6.9% | Jun 2026 —
- TILE: Sep 2021 2.4% | Dec 2021 1.6% | Mar 2022 3.2% | Jun 2022 1.7% | Sep 2022 1.2% | Dec 2022 1.2% | Mar 2023 1.5% | Jun 2023 2.0% | Sep 2023 1.8% | Dec 2023 1.9% | Mar 2024 1.4% | Jun 2024 2.9% | Sep 2024 2.0% | Dec 2024 4.2% | Mar 2025 2.4% | Jun 2025 1.9% | Sep 2025 3.0% | Dec 2025 6.0% | Mar 2026 — | Jun 2026 3.0%
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 1.4% | Jun 2022 1.3% | Sep 2022 1.2% | Dec 2022 3.1% | Mar 2023 0.4% | Jun 2023 1.3% | Sep 2023 1.5% | Dec 2023 — | Mar 2024 1.1% | Jun 2024 1.6% | Sep 2024 2.2% | Dec 2024 — | Mar 2025 1.5% | Jun 2025 2.5% | Sep 2025 2.3% | Dec 2025 — | Mar 2026 2.1% | Jun 2026 —
- LZB: Sep 2021 3.6% | Dec 2021 2.4% | Mar 2022 4.4% | Jun 2022 2.6% | Sep 2022 3.5% | Dec 2022 3.1% | Mar 2023 3.0% | Jun 2023 2.0% | Sep 2023 2.7% | Dec 2023 2.5% | Mar 2024 2.4% | Jun 2024 2.9% | Sep 2024 3.2% | Dec 2024 3.3% | Mar 2025 3.6% | Jun 2025 4.0% | Sep 2025 3.7% | Dec 2025 3.8% | Mar 2026 3.3% | Jun 2026 3.5%
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 1.2% | Dec 2022 1.0% | Mar 2023 2.4% | Jun 2023 2.0% | Sep 2023 45% | Dec 2023 39% | Mar 2024 4.4% | Jun 2024 2.5% | Sep 2024 2.7% | Dec 2024 5.3% | Mar 2025 0.1% | Jun 2025 — | Sep 2025 3.2% | Dec 2025 3.2% | Mar 2026 2.4% | Jun 2026 3.9%
- LEG: Sep 2021 2.0% | Dec 2021 2.3% | Mar 2022 1.4% | Jun 2022 1.6% | Sep 2022 1.9% | Dec 2022 2.9% | Mar 2023 3.1% | Jun 2023 2.5% | Sep 2023 1.9% | Dec 2023 2.1% | Mar 2024 2.4% | Jun 2024 1.4% | Sep 2024 1.6% | Dec 2024 2.1% | Mar 2025 1.3% | Jun 2025 0.9% | Sep 2025 1.5% | Dec 2025 2.1% | Mar 2026 2.6% | Jun 2026 —
- ETD: Sep 2021 1.1% | Dec 2021 1.0% | Mar 2022 2.5% | Jun 2022 1.7% | Sep 2022 1.4% | Dec 2022 2.5% | Mar 2023 1.1% | Jun 2023 1.6% | Sep 2023 2.4% | Dec 2023 1.2% | Mar 2024 1.4% | Jun 2024 1.2% | Sep 2024 2.6% | Dec 2024 2.5% | Mar 2025 1.4% | Jun 2025 1.3% | Sep 2025 1.4% | Dec 2025 2.0% | Mar 2026 2.2% | Jun 2026 —
- XMAX: Sep 2021 0.0% | Dec 2021 0.0% | Mar 2022 — | Jun 2022 — | Sep 2022 0.0% | Dec 2022 0.0% | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- FLXS: Sep 2021 0.7% | Dec 2021 0.7% | Mar 2022 0.7% | Jun 2022 0.8% | Sep 2022 2.1% | Dec 2022 0.0% | Mar 2023 1.0% | Jun 2023 0.9% | Sep 2023 1.1% | Dec 2023 2.0% | Mar 2024 0.9% | Jun 2024 0.0% | Sep 2024 0.0% | Dec 2024 0.9% | Mar 2025 0.9% | Jun 2025 0.9% | Sep 2025 0.9% | Dec 2025 1.7% | Mar 2026 0.0% | Jun 2026 —
- HBB: Sep 2021 0.6% | Dec 2021 1.5% | Mar 2022 0.0% | Jun 2022 0.0% | Sep 2022 0.7% | Dec 2022 0.5% | Mar 2023 0.0% | Jun 2023 0.7% | Sep 2023 0.6% | Dec 2023 0.5% | Mar 2024 0.8% | Jun 2024 0.6% | Sep 2024 0.6% | Dec 2024 0.5% | Mar 2025 0.8% | Jun 2025 0.8% | Sep 2025 0.8% | Dec 2025 0.5% | Mar 2026 0.0% | Jun 2026 —
- LOVE: Sep 2021 3.9% | Dec 2021 3.4% | Mar 2022 2.6% | Jun 2022 3.1% | Sep 2022 4.0% | Dec 2022 5.9% | Mar 2023 2.9% | Jun 2023 2.8% | Sep 2023 5.2% | Dec 2023 6.5% | Mar 2024 2.8% | Jun 2024 5.3% | Sep 2024 3.8% | Dec 2024 1.3% | Mar 2025 2.1% | Jun 2025 6.5% | Sep 2025 2.5% | Dec 2025 3.3% | Mar 2026 2.0% | Jun 2026 3.6%
- LCUT: Sep 2021 0.4% | Dec 2021 0.4% | Mar 2022 0.0% | Jun 2022 0.7% | Sep 2022 0.0% | Dec 2022 0.5% | Mar 2023 0.7% | Jun 2023 0.0% | Sep 2023 0.5% | Dec 2023 0.5% | Mar 2024 0.7% | Jun 2024 0.0% | Sep 2024 0.5% | Dec 2024 0.5% | Mar 2025 1.4% | Jun 2025 0.8% | Sep 2025 0.0% | Dec 2025 0.5% | Mar 2026 2.8% | Jun 2026 —
- BSET: Sep 2021 3.8% | Dec 2021 3.5% | Mar 2022 1.7% | Jun 2022 7.8% | Sep 2022 4.2% | Dec 2022 3.3% | Mar 2023 2.8% | Jun 2023 4.0% | Sep 2023 8.0% | Dec 2023 3.2% | Mar 2024 2.3% | Jun 2024 2.4% | Sep 2024 1.3% | Dec 2024 0.0% | Mar 2025 1.2% | Jun 2025 1.2% | Sep 2025 1.3% | Dec 2025 1.1% | Mar 2026 1.3% | Jun 2026 2.4%
- COOK: Sep 2021 4.3% | Dec 2021 2.3% | Mar 2022 2.2% | Jun 2022 4.0% | Sep 2022 3.2% | Dec 2022 2.2% | Mar 2023 1.3% | Jun 2023 4.1% | Sep 2023 5.9% | Dec 2023 2.5% | Mar 2024 4.1% | Jun 2024 1.2% | Sep 2024 1.6% | Dec 2024 1.2% | Mar 2025 1.4% | Jun 2025 2.1% | Sep 2025 0.8% | Dec 2025 0.7% | Mar 2026 3.2% | Jun 2026 —
- HOFT: Sep 2021 0.6% | Dec 2021 2.3% | Mar 2022 5.2% | Jun 2022 0.7% | Sep 2022 0.7% | Dec 2022 1.3% | Mar 2023 17% | Jun 2023 2.5% | Sep 2023 1.0% | Dec 2023 1.7% | Mar 2024 3.1% | Jun 2024 1.1% | Sep 2024 1.1% | Dec 2024 1.2% | Mar 2025 1.2% | Jun 2025 1.4% | Sep 2025 1.2% | Dec 2025 1.4% | Mar 2026 1.5% | Jun 2026 0.0%
- KEQU: Sep 2021 0.0% | Dec 2021 0.0% | Mar 2022 0.0% | Jun 2022 2.0% | Sep 2022 0.0% | Dec 2022 1.8% | Mar 2023 1.6% | Jun 2023 5.6% | Sep 2023 4.0% | Dec 2023 2.0% | Mar 2024 0.0% | Jun 2024 1.8% | Sep 2024 0.0% | Dec 2024 2.1% | Mar 2025 1.5% | Jun 2025 1.3% | Sep 2025 1.4% | Dec 2025 2.9% | Mar 2026 1.4% | Jun 2026 1.4%

## Debt Load & Balance-Sheet Headroom

What the numbers say: Alliance Laundry Holdings Inc. has the clearest covered balance-sheet capacity with $152 million net cash and gross debt of $0 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Evidence: Alliance Laundry Holdings Inc. · $0 million | 100% versus #2 · XMax Inc. | 4/8 recent comparable periods | 21/21 companies · 386 observations

Definition: Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.

### Gross debt — lowest gross debt
1. Alliance Laundry Holdings Inc. (ALH): ₹0 Cr
2. XMax Inc. (XMAX): ₹6 Cr
3. Hooker Furnishings Corporation (HOFT): ₹24 Cr
4. Flexsteel Industries, Inc. (FLXS): ₹54 Cr
5. Kewaunee Scientific Corporation (KEQU): ₹57 Cr

### Net debt — lowest net debt
1. Alliance Laundry Holdings Inc. (ALH): ₹-152 Cr
2. XMax Inc. (XMAX): ₹-4 Cr
3. Flexsteel Industries, Inc. (FLXS): ₹-3 Cr
4. Hooker Furnishings Corporation (HOFT): ₹13 Cr
5. Ethan Allen Interiors Inc. (ETD): ₹15 Cr

### 20-quarter Gross debt history
- SN: Sep 2021 ₹549 Cr | Dec 2021 ₹549 Cr | Mar 2022 — | Jun 2022 — | Sep 2022 ₹498 Cr | Dec 2022 ₹498 Cr | Mar 2023 ₹460 Cr | Jun 2023 ₹464 Cr | Sep 2023 ₹867 Cr | Dec 2023 ₹863 Cr | Mar 2024 ₹935 Cr | Jun 2024 ₹1.1K Cr | Sep 2024 ₹1.1K Cr | Dec 2024 ₹921 Cr | Mar 2025 ₹909 Cr | Jun 2025 ₹896 Cr | Sep 2025 ₹893 Cr | Dec 2025 ₹877 Cr | Mar 2026 ₹861 Cr | Jun 2026 —
- SGI: Sep 2021 ₹2.8K Cr | Dec 2021 ₹2.9K Cr | Mar 2022 ₹3.1K Cr | Jun 2022 ₹3.3K Cr | Sep 2022 ₹3.2K Cr | Dec 2022 ₹3.4K Cr | Mar 2023 ₹3.5K Cr | Jun 2023 ₹3.4K Cr | Sep 2023 ₹3.2K Cr | Dec 2023 — | Mar 2024 ₹3.3K Cr | Jun 2024 ₹3.2K Cr | Sep 2024 ₹3.0K Cr | Dec 2024 ₹4.5K Cr | Mar 2025 ₹6.9K Cr | Jun 2025 ₹6.8K Cr | Sep 2025 ₹6.6K Cr | Dec 2025 ₹6.7K Cr | Mar 2026 ₹6.5K Cr | Jun 2026 —
- MHK: Sep 2021 ₹3.1K Cr | Dec 2021 ₹2.7K Cr | Mar 2022 — | Jun 2022 ₹3.0K Cr | Sep 2022 ₹3.0K Cr | Dec 2022 ₹3.0K Cr | Mar 2023 — | Jun 2023 ₹3.7K Cr | Sep 2023 ₹3.5K Cr | Dec 2023 ₹3.2K Cr | Mar 2024 ₹3.1K Cr | Jun 2024 ₹2.8K Cr | Sep 2024 ₹2.6K Cr | Dec 2024 ₹2.6K Cr | Mar 2025 ₹2.8K Cr | Jun 2025 ₹2.6K Cr | Sep 2025 ₹2.3K Cr | Dec 2025 ₹2.5K Cr | Mar 2026 — | Jun 2026 ₹2.5K Cr
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 ₹1.8K Cr | Dec 2023 ₹1.8K Cr | Mar 2024 — | Jun 2024 — | Sep 2024 ₹0 Cr | Dec 2024 ₹0 Cr | Mar 2025 ₹2.7K Cr | Jun 2025 ₹2.7K Cr | Sep 2025 ₹2.6K Cr | Dec 2025 ₹0 Cr | Mar 2026 ₹0 Cr | Jun 2026 —
- HNI: Sep 2021 ₹263 Cr | Dec 2021 ₹276 Cr | Mar 2022 ₹279 Cr | Jun 2022 ₹356 Cr | Sep 2022 ₹420 Cr | Dec 2022 ₹315 Cr | Mar 2023 — | Jun 2023 ₹315 Cr | Sep 2023 ₹755 Cr | Dec 2023 ₹585 Cr | Mar 2024 ₹615 Cr | Jun 2024 ₹605 Cr | Sep 2024 ₹483 Cr | Dec 2024 ₹499 Cr | Mar 2025 ₹554 Cr | Jun 2025 ₹591 Cr | Sep 2025 ₹462 Cr | Dec 2025 — | Mar 2026 ₹1.6K Cr | Jun 2026 ₹1.8K Cr
- WHR: Sep 2021 ₹6.1K Cr | Dec 2021 ₹6.0K Cr | Mar 2022 ₹6.0K Cr | Jun 2022 ₹5.9K Cr | Sep 2022 ₹5.7K Cr | Dec 2022 ₹8.2K Cr | Mar 2023 ₹8.3K Cr | Jun 2023 ₹8.3K Cr | Sep 2023 ₹8.2K Cr | Dec 2023 ₹7.8K Cr | Mar 2024 ₹8.4K Cr | Jun 2024 ₹8.2K Cr | Sep 2024 ₹8.1K Cr | Dec 2024 ₹7.3K Cr | Mar 2025 ₹8.0K Cr | Jun 2025 ₹8.3K Cr | Sep 2025 ₹8.3K Cr | Dec 2025 ₹7.2K Cr | Mar 2026 ₹7.1K Cr | Jun 2026 —
- TILE: Sep 2021 ₹653 Cr | Dec 2021 ₹621 Cr | Mar 2022 ₹611 Cr | Jun 2022 ₹609 Cr | Sep 2022 ₹632 Cr | Dec 2022 ₹601 Cr | Mar 2023 ₹604 Cr | Jun 2023 ₹584 Cr | Sep 2023 ₹558 Cr | Dec 2023 ₹523 Cr | Mar 2024 ₹479 Cr | Jun 2024 ₹472 Cr | Sep 2024 ₹424 Cr | Dec 2024 ₹383 Cr | Mar 2025 ₹385 Cr | Jun 2025 ₹390 Cr | Sep 2025 ₹390 Cr | Dec 2025 ₹265 Cr | Mar 2026 — | Jun 2026 ₹274 Cr
- MBC: Sep 2021 ₹63 Cr | Dec 2021 ₹63 Cr | Mar 2022 ₹57 Cr | Jun 2022 ₹57 Cr | Sep 2022 ₹1.0K Cr | Dec 2022 ₹1.0K Cr | Mar 2023 ₹1.0K Cr | Jun 2023 ₹877 Cr | Sep 2023 ₹771 Cr | Dec 2023 ₹770 Cr | Mar 2024 ₹770 Cr | Jun 2024 ₹748 Cr | Sep 2024 ₹1.1K Cr | Dec 2024 ₹1.1K Cr | Mar 2025 ₹1.1K Cr | Jun 2025 ₹1.1K Cr | Sep 2025 ₹1.1K Cr | Dec 2025 ₹1.2K Cr | Mar 2026 ₹1.3K Cr | Jun 2026 —
- LZB: Sep 2021 ₹362 Cr | Dec 2021 ₹362 Cr | Mar 2022 ₹412 Cr | Jun 2022 ₹430 Cr | Sep 2022 ₹435 Cr | Dec 2022 ₹431 Cr | Mar 2023 ₹427 Cr | Jun 2023 ₹446 Cr | Sep 2023 ₹453 Cr | Dec 2023 ₹484 Cr | Mar 2024 ₹496 Cr | Jun 2024 ₹482 Cr | Sep 2024 ₹484 Cr | Dec 2024 ₹490 Cr | Mar 2025 ₹488 Cr | Jun 2025 ₹491 Cr | Sep 2025 ₹502 Cr | Dec 2025 ₹503 Cr | Mar 2026 ₹568 Cr | Jun 2026 ₹564 Cr
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 ₹22 Cr | Sep 2022 ₹20 Cr | Dec 2022 ₹20 Cr | Mar 2023 ₹91 Cr | Jun 2023 ₹90 Cr | Sep 2023 ₹89 Cr | Dec 2023 ₹89 Cr | Mar 2024 ₹1.8K Cr | Jun 2024 ₹1.8K Cr | Sep 2024 ₹90 Cr | Dec 2024 ₹89 Cr | Mar 2025 ₹1.8K Cr | Jun 2025 ₹1.8K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.8K Cr | Mar 2026 ₹1.8K Cr | Jun 2026 ₹1.8K Cr
- LEG: Sep 2021 ₹2.3K Cr | Dec 2021 ₹2.3K Cr | Mar 2022 ₹2.3K Cr | Jun 2022 ₹2.3K Cr | Sep 2022 ₹2.3K Cr | Dec 2022 ₹2.3K Cr | Mar 2023 ₹2.3K Cr | Jun 2023 ₹2.2K Cr | Sep 2023 ₹2.2K Cr | Dec 2023 ₹2.2K Cr | Mar 2024 ₹2.3K Cr | Jun 2024 ₹2.2K Cr | Sep 2024 ₹2.1K Cr | Dec 2024 ₹2.0K Cr | Mar 2025 ₹2.1K Cr | Jun 2025 ₹2.0K Cr | Sep 2025 ₹1.7K Cr | Dec 2025 ₹1.7K Cr | Mar 2026 ₹1.6K Cr | Jun 2026 —
- ETD: Sep 2021 ₹117 Cr | Dec 2021 ₹119 Cr | Mar 2022 ₹117 Cr | Jun 2022 ₹115 Cr | Sep 2022 ₹114 Cr | Dec 2022 ₹118 Cr | Mar 2023 ₹132 Cr | Jun 2023 ₹130 Cr | Sep 2023 ₹132 Cr | Dec 2023 ₹128 Cr | Mar 2024 ₹128 Cr | Jun 2024 ₹128 Cr | Sep 2024 ₹126 Cr | Dec 2024 ₹125 Cr | Mar 2025 ₹123 Cr | Jun 2025 ₹124 Cr | Sep 2025 ₹125 Cr | Dec 2025 ₹121 Cr | Mar 2026 ₹121 Cr | Jun 2026 —
- XMAX: Sep 2021 ₹2 Cr | Dec 2021 ₹3 Cr | Mar 2022 ₹3 Cr | Jun 2022 ₹3 Cr | Sep 2022 ₹3 Cr | Dec 2022 ₹3 Cr | Mar 2023 ₹3 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹2 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹2 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹2 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹6 Cr | Mar 2026 ₹6 Cr | Jun 2026 —
- FLXS: Sep 2021 ₹82 Cr | Dec 2021 ₹104 Cr | Mar 2022 ₹84 Cr | Jun 2022 ₹78 Cr | Sep 2022 ₹104 Cr | Dec 2022 ₹92 Cr | Mar 2023 ₹88 Cr | Jun 2023 ₹100 Cr | Sep 2023 ₹103 Cr | Dec 2023 ₹87 Cr | Mar 2024 ₹82 Cr | Jun 2024 ₹70 Cr | Sep 2024 ₹67 Cr | Dec 2024 ₹66 Cr | Mar 2025 ₹61 Cr | Jun 2025 ₹59 Cr | Sep 2025 ₹58 Cr | Dec 2025 ₹56 Cr | Mar 2026 ₹54 Cr | Jun 2026 —
- HBB: Sep 2021 ₹115 Cr | Dec 2021 ₹97 Cr | Mar 2022 ₹174 Cr | Jun 2022 ₹181 Cr | Sep 2022 ₹200 Cr | Dec 2022 ₹164 Cr | Mar 2023 ₹131 Cr | Jun 2023 ₹110 Cr | Sep 2023 ₹101 Cr | Dec 2023 ₹98 Cr | Mar 2024 ₹97 Cr | Jun 2024 ₹96 Cr | Sep 2024 ₹95 Cr | Dec 2024 ₹94 Cr | Mar 2025 ₹96 Cr | Jun 2025 ₹95 Cr | Sep 2025 ₹93 Cr | Dec 2025 ₹92 Cr | Mar 2026 ₹91 Cr | Jun 2026 —
- LOVE: Sep 2021 ₹98 Cr | Dec 2021 ₹16 Cr | Mar 2022 ₹109 Cr | Jun 2022 ₹121 Cr | Sep 2022 ₹128 Cr | Dec 2022 ₹151 Cr | Mar 2023 ₹147 Cr | Jun 2023 ₹160 Cr | Sep 2023 ₹166 Cr | Dec 2023 ₹162 Cr | Mar 2024 ₹176 Cr | Jun 2024 ₹184 Cr | Sep 2024 ₹182 Cr | Dec 2024 ₹183 Cr | Mar 2025 ₹183 Cr | Jun 2025 ₹192 Cr | Sep 2025 ₹193 Cr | Dec 2025 ₹192 Cr | Mar 2026 ₹193 Cr | Jun 2026 ₹191 Cr
- LCUT: Sep 2021 ₹355 Cr | Dec 2021 ₹351 Cr | Mar 2022 ₹343 Cr | Jun 2022 ₹360 Cr | Sep 2022 ₹61 Cr | Dec 2022 ₹344 Cr | Mar 2023 ₹353 Cr | Jun 2023 ₹309 Cr | Sep 2023 ₹313 Cr | Dec 2023 ₹285 Cr | Mar 2024 ₹263 Cr | Jun 2024 ₹250 Cr | Sep 2024 ₹95 Cr | Dec 2024 ₹250 Cr | Mar 2025 ₹243 Cr | Jun 2025 ₹238 Cr | Sep 2025 ₹257 Cr | Dec 2025 ₹244 Cr | Mar 2026 ₹221 Cr | Jun 2026 —
- BSET: Sep 2021 ₹131 Cr | Dec 2021 ₹115 Cr | Mar 2022 ₹113 Cr | Jun 2022 ₹109 Cr | Sep 2022 ₹104 Cr | Dec 2022 ₹116 Cr | Mar 2023 ₹113 Cr | Jun 2023 ₹108 Cr | Sep 2023 ₹105 Cr | Dec 2023 ₹116 Cr | Mar 2024 ₹113 Cr | Jun 2024 ₹109 Cr | Sep 2024 ₹104 Cr | Dec 2024 ₹106 Cr | Mar 2025 ₹102 Cr | Jun 2025 ₹98 Cr | Sep 2025 ₹93 Cr | Dec 2025 ₹89 Cr | Mar 2026 ₹85 Cr | Jun 2026 ₹88 Cr
- COOK: Sep 2021 ₹390 Cr | Dec 2021 ₹421 Cr | Mar 2022 ₹468 Cr | Jun 2022 ₹472 Cr | Sep 2022 ₹446 Cr | Dec 2022 ₹494 Cr | Mar 2023 ₹493 Cr | Jun 2023 ₹449 Cr | Sep 2023 ₹434 Cr | Dec 2023 ₹459 Cr | Mar 2024 ₹471 Cr | Jun 2024 ₹454 Cr | Sep 2024 ₹442 Cr | Dec 2024 ₹434 Cr | Mar 2025 ₹454 Cr | Jun 2025 ₹437 Cr | Sep 2025 ₹427 Cr | Dec 2025 ₹426 Cr | Mar 2026 ₹425 Cr | Jun 2026 —
- HOFT: Sep 2021 ₹28 Cr | Dec 2021 ₹55 Cr | Mar 2022 ₹54 Cr | Jun 2022 ₹55 Cr | Sep 2022 ₹82 Cr | Dec 2022 ₹79 Cr | Mar 2023 ₹95 Cr | Jun 2023 ₹93 Cr | Sep 2023 ₹85 Cr | Dec 2023 ₹80 Cr | Mar 2024 ₹76 Cr | Jun 2024 ₹74 Cr | Sep 2024 ₹73 Cr | Dec 2024 ₹72 Cr | Mar 2025 ₹63 Cr | Jun 2025 ₹69 Cr | Sep 2025 ₹50 Cr | Dec 2025 ₹30 Cr | Mar 2026 ₹28 Cr | Jun 2026 ₹24 Cr
- KEQU: Sep 2021 ₹18 Cr | Dec 2021 ₹22 Cr | Mar 2022 ₹17 Cr | Jun 2022 ₹39 Cr | Sep 2022 ₹38 Cr | Dec 2022 ₹39 Cr | Mar 2023 ₹44 Cr | Jun 2023 ₹42 Cr | Sep 2023 ₹42 Cr | Dec 2023 ₹43 Cr | Mar 2024 ₹40 Cr | Jun 2024 ₹39 Cr | Sep 2024 ₹39 Cr | Dec 2024 ₹36 Cr | Mar 2025 ₹80 Cr | Jun 2025 ₹78 Cr | Sep 2025 ₹76 Cr | Dec 2025 ₹74 Cr | Mar 2026 ₹59 Cr | Jun 2026 ₹57 Cr

### 20-quarter Net debt history
- SN: Sep 2021 ₹324 Cr | Dec 2021 ₹324 Cr | Mar 2022 — | Jun 2022 — | Sep 2022 ₹305 Cr | Dec 2022 ₹305 Cr | Mar 2023 ₹278 Cr | Jun 2023 ₹208 Cr | Sep 2023 ₹697 Cr | Dec 2023 ₹709 Cr | Mar 2024 ₹803 Cr | Jun 2024 ₹913 Cr | Sep 2024 ₹984 Cr | Dec 2024 ₹557 Cr | Mar 2025 ₹684 Cr | Jun 2025 ₹708 Cr | Sep 2025 ₹629 Cr | Dec 2025 ₹100 Cr | Mar 2026 ₹349 Cr | Jun 2026 —
- SGI: Sep 2021 ₹2.2K Cr | Dec 2021 ₹2.6K Cr | Mar 2022 ₹3.0K Cr | Jun 2022 ₹3.2K Cr | Sep 2022 ₹3.2K Cr | Dec 2022 ₹3.3K Cr | Mar 2023 ₹3.4K Cr | Jun 2023 ₹3.3K Cr | Sep 2023 ₹3.2K Cr | Dec 2023 — | Mar 2024 ₹3.2K Cr | Jun 2024 ₹3.1K Cr | Sep 2024 ₹2.8K Cr | Dec 2024 ₹4.4K Cr | Mar 2025 ₹6.8K Cr | Jun 2025 ₹6.7K Cr | Sep 2025 ₹6.5K Cr | Dec 2025 ₹6.5K Cr | Mar 2026 ₹6.4K Cr | Jun 2026 —
- MHK: Sep 2021 ₹1.7K Cr | Dec 2021 ₹1.6K Cr | Mar 2022 — | Jun 2022 ₹2.5K Cr | Sep 2022 ₹2.5K Cr | Dec 2022 ₹2.5K Cr | Mar 2023 — | Jun 2023 ₹3.0K Cr | Sep 2023 ₹2.9K Cr | Dec 2023 ₹2.5K Cr | Mar 2024 ₹2.4K Cr | Jun 2024 ₹2.3K Cr | Sep 2024 ₹2.2K Cr | Dec 2024 ₹2.0K Cr | Mar 2025 ₹2.1K Cr | Jun 2025 ₹2.1K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.6K Cr | Mar 2026 — | Jun 2026 ₹1.7K Cr
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 ₹1.6K Cr | Dec 2023 ₹1.6K Cr | Mar 2024 — | Jun 2024 — | Sep 2024 ₹-188 Cr | Dec 2024 ₹-188 Cr | Mar 2025 ₹2.4K Cr | Jun 2025 ₹2.4K Cr | Sep 2025 ₹2.4K Cr | Dec 2025 ₹-150 Cr | Mar 2026 ₹-152 Cr | Jun 2026 —
- HNI: Sep 2021 ₹144 Cr | Dec 2021 ₹148 Cr | Mar 2022 ₹225 Cr | Jun 2022 ₹331 Cr | Sep 2022 ₹399 Cr | Dec 2022 ₹292 Cr | Mar 2023 — | Jun 2023 ₹296 Cr | Sep 2023 ₹725 Cr | Dec 2023 ₹550 Cr | Mar 2024 ₹582 Cr | Jun 2024 ₹571 Cr | Sep 2024 ₹443 Cr | Dec 2024 ₹472 Cr | Mar 2025 ₹526 Cr | Jun 2025 ₹553 Cr | Sep 2025 ₹434 Cr | Dec 2025 — | Mar 2026 ₹1.4K Cr | Jun 2026 ₹1.7K Cr
- WHR: Sep 2021 ₹3.2K Cr | Dec 2021 ₹3.0K Cr | Mar 2022 ₹3.9K Cr | Jun 2022 ₹4.2K Cr | Sep 2022 ₹3.9K Cr | Dec 2022 ₹6.2K Cr | Mar 2023 ₹6.9K Cr | Jun 2023 ₹7.0K Cr | Sep 2023 ₹7.1K Cr | Dec 2023 ₹6.3K Cr | Mar 2024 ₹7.2K Cr | Jun 2024 ₹7.0K Cr | Sep 2024 ₹7.0K Cr | Dec 2024 ₹6.1K Cr | Mar 2025 ₹7.0K Cr | Jun 2025 ₹7.3K Cr | Sep 2025 ₹7.3K Cr | Dec 2025 ₹6.5K Cr | Mar 2026 ₹6.5K Cr | Jun 2026 —
- TILE: Sep 2021 ₹551 Cr | Dec 2021 ₹528 Cr | Mar 2022 ₹514 Cr | Jun 2022 ₹533 Cr | Sep 2022 ₹540 Cr | Dec 2022 ₹522 Cr | Mar 2023 ₹506 Cr | Jun 2023 ₹483 Cr | Sep 2023 ₹465 Cr | Dec 2023 ₹403 Cr | Mar 2024 ₹389 Cr | Jun 2024 ₹378 Cr | Sep 2024 ₹308 Cr | Dec 2024 ₹284 Cr | Mar 2025 ₹287 Cr | Jun 2025 ₹268 Cr | Sep 2025 ₹203 Cr | Dec 2025 ₹194 Cr | Mar 2026 — | Jun 2026 ₹213 Cr
- MBC: Sep 2021 ₹-78 Cr | Dec 2021 ₹-78 Cr | Mar 2022 ₹-69 Cr | Jun 2022 ₹-69 Cr | Sep 2022 ₹933 Cr | Dec 2022 ₹933 Cr | Mar 2023 ₹889 Cr | Jun 2023 ₹767 Cr | Sep 2023 ₹648 Cr | Dec 2023 ₹621 Cr | Mar 2024 ₹616 Cr | Jun 2024 ₹559 Cr | Sep 2024 ₹1.0K Cr | Dec 2024 ₹961 Cr | Mar 2025 ₹1.0K Cr | Jun 2025 ₹955 Cr | Sep 2025 ₹961 Cr | Dec 2025 ₹991 Cr | Mar 2026 ₹1.1K Cr | Jun 2026 —
- LZB: Sep 2021 ₹29 Cr | Dec 2021 ₹69 Cr | Mar 2022 ₹175 Cr | Jun 2022 ₹184 Cr | Sep 2022 ₹197 Cr | Dec 2022 ₹226 Cr | Mar 2023 ₹146 Cr | Jun 2023 ₹103 Cr | Sep 2023 ₹117 Cr | Dec 2023 ₹154 Cr | Mar 2024 ₹167 Cr | Jun 2024 ₹141 Cr | Sep 2024 ₹142 Cr | Dec 2024 ₹187 Cr | Mar 2025 ₹173 Cr | Jun 2025 ₹163 Cr | Sep 2025 ₹183 Cr | Dec 2025 ₹164 Cr | Mar 2026 ₹262 Cr | Jun 2026 ₹261 Cr
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 ₹-80 Cr | Sep 2022 ₹-29 Cr | Dec 2022 ₹-18 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹9 Cr | Dec 2023 ₹-7 Cr | Mar 2024 ₹1.5K Cr | Jun 2024 ₹1.5K Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹-10 Cr | Mar 2025 ₹1.6K Cr | Jun 2025 ₹1.6K Cr | Sep 2025 ₹1.7K Cr | Dec 2025 ₹1.6K Cr | Mar 2026 ₹1.6K Cr | Jun 2026 ₹1.6K Cr
- LEG: Sep 2021 ₹2.0K Cr | Dec 2021 ₹1.9K Cr | Mar 2022 ₹2.0K Cr | Jun 2022 ₹2.0K Cr | Sep 2022 ₹2.1K Cr | Dec 2022 ₹2.0K Cr | Mar 2023 ₹2.0K Cr | Jun 2023 ₹2.0K Cr | Sep 2023 ₹1.9K Cr | Dec 2023 ₹1.8K Cr | Mar 2024 ₹1.9K Cr | Jun 2024 ₹1.9K Cr | Sep 2024 ₹1.8K Cr | Dec 2024 ₹1.7K Cr | Mar 2025 ₹1.7K Cr | Jun 2025 ₹1.6K Cr | Sep 2025 ₹1.2K Cr | Dec 2025 ₹1.1K Cr | Mar 2026 ₹1.1K Cr | Jun 2026 —
- ETD: Sep 2021 ₹23 Cr | Dec 2021 ₹14 Cr | Mar 2022 ₹12 Cr | Jun 2022 ₹-6 Cr | Sep 2022 ₹-28 Cr | Dec 2022 ₹-22 Cr | Mar 2023 ₹-24 Cr | Jun 2023 ₹-43 Cr | Sep 2023 ₹-31 Cr | Dec 2023 ₹-25 Cr | Mar 2024 ₹-18 Cr | Jun 2024 ₹-33 Cr | Sep 2024 ₹-10 Cr | Dec 2024 ₹-14 Cr | Mar 2025 ₹-50 Cr | Jun 2025 ₹-12 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹-18 Cr | Mar 2026 ₹15 Cr | Jun 2026 —
- XMAX: Sep 2021 ₹-6 Cr | Dec 2021 ₹-3 Cr | Mar 2022 ₹-2 Cr | Jun 2022 ₹-2 Cr | Sep 2022 ₹0 Cr | Dec 2022 ₹2 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹2 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹2 Cr | Sep 2025 ₹-1 Cr | Dec 2025 ₹-1 Cr | Mar 2026 ₹-4 Cr | Jun 2026 —
- FLXS: Sep 2021 ₹78 Cr | Dec 2021 ₹100 Cr | Mar 2022 ₹81 Cr | Jun 2022 ₹76 Cr | Sep 2022 ₹100 Cr | Dec 2022 ₹90 Cr | Mar 2023 ₹86 Cr | Jun 2023 ₹97 Cr | Sep 2023 ₹100 Cr | Dec 2023 ₹84 Cr | Mar 2024 ₹77 Cr | Jun 2024 ₹65 Cr | Sep 2024 ₹61 Cr | Dec 2024 ₹54 Cr | Mar 2025 ₹38 Cr | Jun 2025 ₹19 Cr | Sep 2025 ₹19 Cr | Dec 2025 ₹19 Cr | Mar 2026 ₹-3 Cr | Jun 2026 —
- HBB: Sep 2021 ₹114 Cr | Dec 2021 ₹96 Cr | Mar 2022 ₹173 Cr | Jun 2022 ₹180 Cr | Sep 2022 ₹198 Cr | Dec 2022 ₹163 Cr | Mar 2023 ₹129 Cr | Jun 2023 ₹108 Cr | Sep 2023 ₹99 Cr | Dec 2023 ₹83 Cr | Mar 2024 ₹71 Cr | Jun 2024 ₹59 Cr | Sep 2024 ₹72 Cr | Dec 2024 ₹48 Cr | Mar 2025 ₹48 Cr | Jun 2025 ₹84 Cr | Sep 2025 ₹76 Cr | Dec 2025 ₹45 Cr | Mar 2026 ₹44 Cr | Jun 2026 —
- LOVE: Sep 2021 ₹30 Cr | Dec 2021 ₹-32 Cr | Mar 2022 ₹17 Cr | Jun 2022 ₹57 Cr | Sep 2022 ₹110 Cr | Dec 2022 ₹147 Cr | Mar 2023 ₹103 Cr | Jun 2023 ₹115 Cr | Sep 2023 ₹111 Cr | Dec 2023 ₹124 Cr | Mar 2024 ₹89 Cr | Jun 2024 ₹112 Cr | Sep 2024 ₹110 Cr | Dec 2024 ₹121 Cr | Mar 2025 ₹99 Cr | Jun 2025 ₹165 Cr | Sep 2025 ₹159 Cr | Dec 2025 ₹168 Cr | Mar 2026 ₹91 Cr | Jun 2026 ₹134 Cr
- LCUT: Sep 2021 ₹346 Cr | Dec 2021 ₹323 Cr | Mar 2022 ₹328 Cr | Jun 2022 ₹353 Cr | Sep 2022 ₹55 Cr | Dec 2022 ₹320 Cr | Mar 2023 ₹312 Cr | Jun 2023 ₹294 Cr | Sep 2023 ₹307 Cr | Dec 2023 ₹269 Cr | Mar 2024 ₹258 Cr | Jun 2024 ₹247 Cr | Sep 2024 ₹89 Cr | Dec 2024 ₹247 Cr | Mar 2025 ₹233 Cr | Jun 2025 ₹226 Cr | Sep 2025 ₹245 Cr | Dec 2025 ₹240 Cr | Mar 2026 ₹207 Cr | Jun 2026 —
- BSET: Sep 2021 ₹75 Cr | Dec 2021 ₹63 Cr | Mar 2022 ₹63 Cr | Jun 2022 ₹20 Cr | Sep 2022 ₹19 Cr | Dec 2022 ₹37 Cr | Mar 2023 ₹40 Cr | Jun 2023 ₹36 Cr | Sep 2023 ₹39 Cr | Dec 2023 ₹46 Cr | Mar 2024 ₹55 Cr | Jun 2024 ₹49 Cr | Sep 2024 ₹48 Cr | Dec 2024 ₹46 Cr | Mar 2025 ₹46 Cr | Jun 2025 ₹38 Cr | Sep 2025 ₹38 Cr | Dec 2025 ₹30 Cr | Mar 2026 ₹34 Cr | Jun 2026 ₹34 Cr
- COOK: Sep 2021 ₹372 Cr | Dec 2021 ₹404 Cr | Mar 2022 ₹457 Cr | Jun 2022 ₹458 Cr | Sep 2022 ₹438 Cr | Dec 2022 ₹455 Cr | Mar 2023 ₹478 Cr | Jun 2023 ₹435 Cr | Sep 2023 ₹423 Cr | Dec 2023 ₹429 Cr | Mar 2024 ₹447 Cr | Jun 2024 ₹436 Cr | Sep 2024 ₹425 Cr | Dec 2024 ₹419 Cr | Mar 2025 ₹442 Cr | Jun 2025 ₹427 Cr | Sep 2025 ₹421 Cr | Dec 2025 ₹406 Cr | Mar 2026 ₹391 Cr | Jun 2026 —
- HOFT: Sep 2021 ₹-9 Cr | Dec 2021 ₹-2 Cr | Mar 2022 ₹-15 Cr | Jun 2022 ₹45 Cr | Sep 2022 ₹70 Cr | Dec 2022 ₹72 Cr | Mar 2023 ₹76 Cr | Jun 2023 ₹62 Cr | Sep 2023 ₹35 Cr | Dec 2023 ₹40 Cr | Mar 2024 ₹33 Cr | Jun 2024 ₹33 Cr | Sep 2024 ₹31 Cr | Dec 2024 ₹52 Cr | Mar 2025 ₹57 Cr | Jun 2025 ₹51 Cr | Sep 2025 ₹49 Cr | Dec 2025 ₹29 Cr | Mar 2026 ₹27 Cr | Jun 2026 ₹13 Cr
- KEQU: Sep 2021 ₹13 Cr | Dec 2021 ₹17 Cr | Mar 2022 ₹12 Cr | Jun 2022 ₹35 Cr | Sep 2022 ₹24 Cr | Dec 2022 ₹30 Cr | Mar 2023 ₹31 Cr | Jun 2023 ₹34 Cr | Sep 2023 ₹29 Cr | Dec 2023 ₹29 Cr | Mar 2024 ₹19 Cr | Jun 2024 ₹16 Cr | Sep 2024 ₹15 Cr | Dec 2024 ₹10 Cr | Mar 2025 ₹71 Cr | Jun 2025 ₹63 Cr | Sep 2025 ₹57 Cr | Dec 2025 ₹61 Cr | Mar 2026 ₹51 Cr | Jun 2026 ₹47 Cr

## Return On Capital Employed

What the numbers say: SharkNinja, Inc. leads ROCE at 5%, 1.1 percentage points above Kewaunee Scientific Corporation. Flexsteel Industries, Inc. has the strongest latest improvement at +6 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: SharkNinja, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Evidence: SharkNinja, Inc. · 5% | 28.2% versus #2 · Kewaunee Scientific Corporation | 5/8 recent comparable periods | 21/21 companies · 374 observations

Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

### ROCE — highest
1. SharkNinja, Inc. (SN): 5.0%
2. Kewaunee Scientific Corporation (KEQU): 3.9%
3. Flexsteel Industries, Inc. (FLXS): 3.7%
4. Interface, Inc. (TILE): 3.3%
5. Alliance Laundry Holdings Inc. (ALH): 3.1%

### ROCE change — fastest improvers
1. Flexsteel Industries, Inc. (FLXS): +6.0 pp
2. XMax Inc. (XMAX): +2.1 pp
3. Whirlpool Corporation (WHR): +1.8 pp
4. Somnigroup International Inc. (SGI): +1.7 pp
5. Hamilton Beach Brands Holding Company (HBB): +1.0 pp

### 20-quarter ROCE history
- SN: Sep 2021 0.0% | Dec 2021 0.0% | Mar 2022 — | Jun 2022 — | Sep 2022 4.7% | Dec 2022 2.3% | Mar 2023 11% | Jun 2023 4.8% | Sep 2023 4.0% | Dec 2023 4.3% | Mar 2024 6.4% | Jun 2024 4.2% | Sep 2024 7.0% | Dec 2024 7.8% | Mar 2025 5.3% | Jun 2025 5.9% | Sep 2025 8.7% | Dec 2025 11% | Mar 2026 5.0% | Jun 2026 —
- SGI: Sep 2021 8.7% | Dec 2021 9.0% | Mar 2022 6.4% | Jun 2022 5.0% | Sep 2022 6.1% | Dec 2022 4.4% | Mar 2023 4.3% | Jun 2023 4.6% | Sep 2023 5.4% | Dec 2023 — | Mar 2024 3.5% | Jun 2024 4.8% | Sep 2024 5.7% | Dec 2024 2.9% | Mar 2025 0.2% | Jun 2025 2.7% | Sep 2025 4.8% | Dec 2025 3.3% | Mar 2026 1.9% | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 3.1% | Mar 2022 — | Jun 2022 2.9% | Sep 2022 3.3% | Dec 2022 -4.7% | Mar 2023 — | Jun 2023 1.1% | Sep 2023 1.4% | Dec 2023 1.5% | Mar 2024 1.3% | Jun 2024 2.0% | Sep 2024 2.1% | Dec 2024 1.2% | Mar 2025 0.9% | Jun 2025 1.8% | Sep 2025 1.3% | Dec 2025 0.6% | Mar 2026 — | Jun 2026 1.0%
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 0.0% | Dec 2023 0.0% | Mar 2024 — | Jun 2024 — | Sep 2024 2.8% | Dec 2024 2.6% | Mar 2025 6.1% | Jun 2025 7.6% | Sep 2025 3.3% | Dec 2025 2.2% | Mar 2026 3.1% | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 2.6% | Mar 2022 1.2% | Jun 2022 2.0% | Sep 2022 2.8% | Dec 2022 7.9% | Mar 2023 — | Jun 2023 0.6% | Sep 2023 -0.3% | Dec 2023 2.5% | Mar 2024 2.3% | Jun 2024 3.5% | Sep 2024 4.7% | Dec 2024 3.8% | Mar 2025 1.7% | Jun 2025 4.6% | Sep 2025 4.6% | Dec 2025 — | Mar 2026 -1.2% | Jun 2026 -1.4%
- WHR: Sep 2021 4.7% | Dec 2021 4.1% | Mar 2022 3.9% | Jun 2022 -2.7% | Sep 2022 1.9% | Dec 2022 -13% | Mar 2023 0.4% | Jun 2023 2.9% | Sep 2023 2.5% | Dec 2023 3.8% | Mar 2024 -1.1% | Jun 2024 1.2% | Sep 2024 2.5% | Dec 2024 -1.4% | Mar 2025 -6.1% | Jun 2025 1.9% | Sep 2025 1.9% | Dec 2025 2.6% | Mar 2026 -4.3% | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 2.3% | Mar 2022 3.1% | Jun 2022 2.6% | Sep 2022 3.2% | Dec 2022 2.7% | Mar 2023 2.0% | Jun 2023 0.9% | Sep 2023 2.8% | Dec 2023 3.1% | Mar 2024 2.4% | Jun 2024 3.8% | Sep 2024 4.2% | Dec 2024 3.0% | Mar 2025 2.4% | Jun 2025 5.1% | Sep 2025 5.1% | Dec 2025 3.7% | Mar 2026 — | Jun 2026 3.3%
- MBC: Sep 2021 0.0% | Dec 2021 0.0% | Mar 2022 4.4% | Jun 2022 3.7% | Sep 2022 3.1% | Dec 2022 1.5% | Mar 2023 2.7% | Jun 2023 3.6% | Sep 2023 4.5% | Dec 2023 2.9% | Mar 2024 3.0% | Jun 2024 3.8% | Sep 2024 2.5% | Dec 2024 1.6% | Mar 2025 1.6% | Jun 2025 2.9% | Sep 2025 1.6% | Dec 2025 -1.0% | Mar 2026 -0.7% | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 4.6% | Mar 2022 3.3% | Jun 2022 6.5% | Sep 2022 4.3% | Dec 2022 5.0% | Mar 2023 3.4% | Jun 2023 4.1% | Sep 2023 2.6% | Dec 2023 2.4% | Mar 2024 2.3% | Jun 2024 3.5% | Sep 2024 2.2% | Dec 2024 2.6% | Mar 2025 2.4% | Jun 2025 2.0% | Sep 2025 1.5% | Dec 2025 2.4% | Mar 2026 1.9% | Jun 2026 2.6%
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 48% | Sep 2023 -1.9% | Dec 2023 0.4% | Mar 2024 2.3% | Jun 2024 1.3% | Sep 2024 8.0% | Dec 2024 0.0% | Mar 2025 0.0% | Jun 2025 3.0% | Sep 2025 2.9% | Dec 2025 2.7% | Mar 2026 2.5% | Jun 2026 1.6%
- LEG: Sep 2021 3.8% | Dec 2021 3.9% | Mar 2022 3.5% | Jun 2022 3.6% | Sep 2022 2.8% | Dec 2022 2.2% | Mar 2023 2.2% | Jun 2023 2.4% | Sep 2023 2.2% | Dec 2023 -9.7% | Mar 2024 1.6% | Jun 2024 -18% | Sep 2024 2.3% | Dec 2024 1.4% | Mar 2025 2.0% | Jun 2025 3.2% | Sep 2025 6.4% | Dec 2025 1.1% | Mar 2026 1.6% | Jun 2026 —
- ETD: Sep 2021 6.2% | Dec 2021 7.9% | Mar 2022 6.9% | Jun 2022 8.7% | Sep 2022 8.3% | Dec 2022 7.4% | Mar 2023 5.5% | Jun 2023 5.8% | Sep 2023 3.4% | Dec 2023 3.9% | Mar 2024 2.7% | Jun 2024 3.9% | Sep 2024 3.0% | Dec 2024 3.1% | Mar 2025 1.9% | Jun 2025 2.6% | Sep 2025 1.7% | Dec 2025 2.5% | Mar 2026 1.1% | Jun 2026 —
- XMAX: Sep 2021 -2.3% | Dec 2021 -32% | Mar 2022 -2.4% | Jun 2022 -20% | Sep 2022 -3.4% | Dec 2022 -47% | Mar 2023 -6.7% | Jun 2023 -2.7% | Sep 2023 -8.7% | Dec 2023 -61% | Mar 2024 -29% | Jun 2024 -11% | Sep 2024 -71% | Dec 2024 -29% | Mar 2025 -4.1% | Jun 2025 -4.4% | Sep 2025 -6.7% | Dec 2025 -5.6% | Mar 2026 -2.0% | Jun 2026 —
- FLXS: Sep 2021 2.7% | Dec 2021 -4.0% | Mar 2022 2.8% | Jun 2022 1.8% | Sep 2022 0.2% | Dec 2022 1.6% | Mar 2023 1.0% | Jun 2023 1.9% | Sep 2023 0.8% | Dec 2023 2.1% | Mar 2024 1.4% | Jun 2024 3.4% | Sep 2024 2.7% | Dec 2024 5.2% | Mar 2025 -2.3% | Jun 2025 6.4% | Sep 2025 4.1% | Dec 2025 4.0% | Mar 2026 3.7% | Jun 2026 —
- HBB: Sep 2021 5.0% | Dec 2021 8.7% | Mar 2022 5.2% | Jun 2022 2.2% | Sep 2022 3.5% | Dec 2022 4.5% | Mar 2023 -1.9% | Jun 2023 0.3% | Sep 2023 5.3% | Dec 2023 9.4% | Mar 2024 -0.4% | Jun 2024 4.7% | Sep 2024 5.0% | Dec 2024 9.3% | Mar 2025 0.9% | Jun 2025 2.6% | Sep 2025 1.3% | Dec 2025 9.5% | Mar 2026 1.9% | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 2.0% | Mar 2022 13% | Jun 2022 1.1% | Sep 2022 3.4% | Dec 2022 -4.1% | Mar 2023 13% | Jun 2023 -1.9% | Sep 2023 -0.3% | Dec 2023 -1.2% | Mar 2024 12% | Jun 2024 -5.1% | Sep 2024 -2.4% | Dec 2024 -2.2% | Mar 2025 13% | Jun 2025 -4.0% | Sep 2025 -2.4% | Dec 2025 -4.4% | Mar 2026 12% | Jun 2026 -4.7%
- LCUT: Sep 2021 3.5% | Dec 2021 1.4% | Mar 2022 0.7% | Jun 2022 -0.1% | Sep 2022 1.2% | Dec 2022 2.1% | Mar 2023 -0.3% | Jun 2023 0.8% | Sep 2023 2.3% | Dec 2023 2.8% | Mar 2024 0.3% | Jun 2024 0.2% | Sep 2024 1.7% | Dec 2024 3.1% | Mar 2025 0.2% | Jun 2025 -8.3% | Sep 2025 1.4% | Dec 2025 4.3% | Mar 2026 -0.5% | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 2.3% | Mar 2022 2.3% | Jun 2022 3.8% | Sep 2022 3.7% | Dec 2022 2.3% | Mar 2023 0.9% | Jun 2023 0.8% | Sep 2023 -1.3% | Dec 2023 -1.5% | Mar 2024 -0.8% | Jun 2024 -3.0% | Sep 2024 -2.3% | Dec 2024 0.3% | Mar 2025 0.9% | Jun 2025 0.9% | Sep 2025 0.2% | Dec 2025 0.9% | Mar 2026 0.5% | Jun 2026 0.9%
- COOK: Sep 2021 -8.5% | Dec 2021 -3.1% | Mar 2022 -0.3% | Jun 2022 -13% | Sep 2022 -22% | Dec 2022 -2.3% | Mar 2023 -0.3% | Jun 2023 -3.3% | Sep 2023 -1.7% | Dec 2023 -1.5% | Mar 2024 0.0% | Jun 2024 0.7% | Sep 2024 -1.0% | Dec 2024 0.0% | Mar 2025 0.5% | Jun 2025 -0.8% | Sep 2025 -13% | Dec 2025 -1.8% | Mar 2026 -0.2% | Jun 2026 —
- HOFT: Sep 2021 — | Dec 2021 -0.6% | Mar 2022 -1.7% | Jun 2022 1.3% | Sep 2022 2.2% | Dec 2022 1.9% | Mar 2023 -7.3% | Jun 2023 0.6% | Sep 2023 0.4% | Dec 2023 2.7% | Mar 2024 0.1% | Jun 2024 -1.7% | Sep 2024 -1.1% | Dec 2024 -1.7% | Mar 2025 0.0% | Jun 2025 -0.2% | Sep 2025 -1.7% | Dec 2025 -6.8% | Mar 2026 0.4% | Jun 2026 0.7%
- KEQU: Sep 2021 — | Dec 2021 -5.4% | Mar 2022 -1.6% | Jun 2022 3.4% | Sep 2022 -0.6% | Dec 2022 1.2% | Mar 2023 3.7% | Jun 2023 3.5% | Sep 2023 4.9% | Dec 2023 6.4% | Mar 2024 4.7% | Jun 2024 6.4% | Sep 2024 2.9% | Dec 2024 4.9% | Mar 2025 2.0% | Jun 2025 7.2% | Sep 2025 4.0% | Dec 2025 3.4% | Mar 2026 1.9% | Jun 2026 3.9%

### 20-quarter ROCE change history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +4.7 pp | Dec 2022 +2.3 pp | Mar 2023 — | Jun 2023 — | Sep 2023 −0.7 pp | Dec 2023 +2.0 pp | Mar 2024 −4.3 pp | Jun 2024 −0.6 pp | Sep 2024 +3.0 pp | Dec 2024 +3.5 pp | Mar 2025 −1.1 pp | Jun 2025 +1.7 pp | Sep 2025 +1.7 pp | Dec 2025 +2.9 pp | Mar 2026 −0.3 pp | Jun 2026 —
- SGI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.6 pp | Dec 2022 −4.6 pp | Mar 2023 −2.1 pp | Jun 2023 −0.4 pp | Sep 2023 −0.7 pp | Dec 2023 — | Mar 2024 −0.8 pp | Jun 2024 +0.2 pp | Sep 2024 +0.3 pp | Dec 2024 — | Mar 2025 −3.3 pp | Jun 2025 −2.1 pp | Sep 2025 −0.9 pp | Dec 2025 +0.4 pp | Mar 2026 +1.7 pp | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 −7.8 pp | Mar 2023 — | Jun 2023 −1.8 pp | Sep 2023 −1.9 pp | Dec 2023 +6.2 pp | Mar 2024 — | Jun 2024 +0.9 pp | Sep 2024 +0.7 pp | Dec 2024 −0.3 pp | Mar 2025 −0.4 pp | Jun 2025 −0.2 pp | Sep 2025 −0.8 pp | Dec 2025 −0.6 pp | Mar 2026 — | Jun 2026 −0.8 pp
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 +2.8 pp | Dec 2024 +2.6 pp | Mar 2025 — | Jun 2025 — | Sep 2025 +0.5 pp | Dec 2025 −0.4 pp | Mar 2026 −3.0 pp | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 +5.3 pp | Mar 2023 — | Jun 2023 −1.4 pp | Sep 2023 −3.1 pp | Dec 2023 −5.4 pp | Mar 2024 — | Jun 2024 +2.9 pp | Sep 2024 +5.0 pp | Dec 2024 +1.3 pp | Mar 2025 −0.6 pp | Jun 2025 +1.1 pp | Sep 2025 −0.1 pp | Dec 2025 — | Mar 2026 −2.9 pp | Jun 2026 −6.0 pp
- WHR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.8 pp | Dec 2022 −16.6 pp | Mar 2023 −3.5 pp | Jun 2023 +5.6 pp | Sep 2023 +0.6 pp | Dec 2023 +16.3 pp | Mar 2024 −1.5 pp | Jun 2024 −1.7 pp | Sep 2024 0.0 pp | Dec 2024 −5.2 pp | Mar 2025 −5.0 pp | Jun 2025 +0.7 pp | Sep 2025 −0.6 pp | Dec 2025 +4.0 pp | Mar 2026 +1.8 pp | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 +0.4 pp | Mar 2023 −1.1 pp | Jun 2023 −1.7 pp | Sep 2023 −0.4 pp | Dec 2023 +0.4 pp | Mar 2024 +0.4 pp | Jun 2024 +2.9 pp | Sep 2024 +1.4 pp | Dec 2024 −0.1 pp | Mar 2025 0.0 pp | Jun 2025 +1.3 pp | Sep 2025 +0.9 pp | Dec 2025 +0.7 pp | Mar 2026 — | Jun 2026 −1.8 pp
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +3.1 pp | Dec 2022 +1.5 pp | Mar 2023 −1.7 pp | Jun 2023 −0.1 pp | Sep 2023 +1.4 pp | Dec 2023 +1.4 pp | Mar 2024 +0.3 pp | Jun 2024 +0.2 pp | Sep 2024 −2.0 pp | Dec 2024 −1.3 pp | Mar 2025 −1.4 pp | Jun 2025 −0.9 pp | Sep 2025 −0.9 pp | Dec 2025 −2.6 pp | Mar 2026 −2.3 pp | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 +0.4 pp | Mar 2023 +0.1 pp | Jun 2023 −2.4 pp | Sep 2023 −1.7 pp | Dec 2023 −2.6 pp | Mar 2024 −1.1 pp | Jun 2024 −0.6 pp | Sep 2024 −0.4 pp | Dec 2024 +0.2 pp | Mar 2025 +0.1 pp | Jun 2025 −1.5 pp | Sep 2025 −0.7 pp | Dec 2025 −0.2 pp | Mar 2026 −0.5 pp | Jun 2026 +0.6 pp
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 −46.4 pp | Sep 2024 +9.9 pp | Dec 2024 −0.4 pp | Mar 2025 −2.3 pp | Jun 2025 +1.7 pp | Sep 2025 −5.1 pp | Dec 2025 +2.7 pp | Mar 2026 +2.5 pp | Jun 2026 −1.4 pp
- LEG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.0 pp | Dec 2022 −1.7 pp | Mar 2023 −1.3 pp | Jun 2023 −1.2 pp | Sep 2023 −0.6 pp | Dec 2023 −11.9 pp | Mar 2024 −0.6 pp | Jun 2024 −20.3 pp | Sep 2024 +0.1 pp | Dec 2024 +11.1 pp | Mar 2025 +0.4 pp | Jun 2025 +21.1 pp | Sep 2025 +4.1 pp | Dec 2025 −0.3 pp | Mar 2026 −0.4 pp | Jun 2026 —
- ETD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +2.1 pp | Dec 2022 −0.5 pp | Mar 2023 −1.4 pp | Jun 2023 −2.9 pp | Sep 2023 −4.9 pp | Dec 2023 −3.5 pp | Mar 2024 −2.8 pp | Jun 2024 −1.9 pp | Sep 2024 −0.4 pp | Dec 2024 −0.8 pp | Mar 2025 −0.8 pp | Jun 2025 −1.3 pp | Sep 2025 −1.3 pp | Dec 2025 −0.6 pp | Mar 2026 −0.8 pp | Jun 2026 —
- XMAX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.1 pp | Dec 2022 −14.4 pp | Mar 2023 −4.3 pp | Jun 2023 +17.3 pp | Sep 2023 −5.3 pp | Dec 2023 −14.6 pp | Mar 2024 −22.0 pp | Jun 2024 −8.3 pp | Sep 2024 −61.9 pp | Dec 2024 +32.0 pp | Mar 2025 +24.6 pp | Jun 2025 +6.6 pp | Sep 2025 +63.9 pp | Dec 2025 +23.6 pp | Mar 2026 +2.1 pp | Jun 2026 —
- FLXS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.5 pp | Dec 2022 +5.6 pp | Mar 2023 −1.8 pp | Jun 2023 +0.1 pp | Sep 2023 +0.6 pp | Dec 2023 +0.5 pp | Mar 2024 +0.4 pp | Jun 2024 +1.5 pp | Sep 2024 +1.9 pp | Dec 2024 +3.1 pp | Mar 2025 −3.7 pp | Jun 2025 +3.0 pp | Sep 2025 +1.4 pp | Dec 2025 −1.2 pp | Mar 2026 +6.0 pp | Jun 2026 —
- HBB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.5 pp | Dec 2022 −4.2 pp | Mar 2023 −7.1 pp | Jun 2023 −1.9 pp | Sep 2023 +1.8 pp | Dec 2023 +4.9 pp | Mar 2024 +1.5 pp | Jun 2024 +4.4 pp | Sep 2024 −0.3 pp | Dec 2024 −0.1 pp | Mar 2025 +1.3 pp | Jun 2025 −2.1 pp | Sep 2025 −3.7 pp | Dec 2025 +0.2 pp | Mar 2026 +1.0 pp | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 −6.1 pp | Mar 2023 −0.5 pp | Jun 2023 −3.0 pp | Sep 2023 −3.7 pp | Dec 2023 +2.9 pp | Mar 2024 −1.1 pp | Jun 2024 −3.2 pp | Sep 2024 −2.1 pp | Dec 2024 −1.0 pp | Mar 2025 +1.1 pp | Jun 2025 +1.1 pp | Sep 2025 0.0 pp | Dec 2025 −2.2 pp | Mar 2026 −0.8 pp | Jun 2026 −0.7 pp
- LCUT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.3 pp | Dec 2022 +0.7 pp | Mar 2023 −1.0 pp | Jun 2023 +0.9 pp | Sep 2023 +1.1 pp | Dec 2023 +0.7 pp | Mar 2024 +0.6 pp | Jun 2024 −0.6 pp | Sep 2024 −0.6 pp | Dec 2024 +0.3 pp | Mar 2025 −0.1 pp | Jun 2025 −8.5 pp | Sep 2025 −0.3 pp | Dec 2025 +1.2 pp | Mar 2026 −0.7 pp | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 0.0 pp | Mar 2023 −1.4 pp | Jun 2023 −3.0 pp | Sep 2023 −5.0 pp | Dec 2023 −3.8 pp | Mar 2024 −1.7 pp | Jun 2024 −3.8 pp | Sep 2024 −1.0 pp | Dec 2024 +1.8 pp | Mar 2025 +1.7 pp | Jun 2025 +3.9 pp | Sep 2025 +2.5 pp | Dec 2025 +0.6 pp | Mar 2026 −0.4 pp | Jun 2026 0.0 pp
- COOK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −13.3 pp | Dec 2022 +0.8 pp | Mar 2023 0.0 pp | Jun 2023 +9.3 pp | Sep 2023 +20.1 pp | Dec 2023 +0.8 pp | Mar 2024 +0.3 pp | Jun 2024 +4.0 pp | Sep 2024 +0.7 pp | Dec 2024 +1.5 pp | Mar 2025 +0.5 pp | Jun 2025 −1.5 pp | Sep 2025 −11.5 pp | Dec 2025 −1.8 pp | Mar 2026 −0.7 pp | Jun 2026 —
- HOFT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 +2.5 pp | Mar 2023 −5.6 pp | Jun 2023 −0.7 pp | Sep 2023 −1.8 pp | Dec 2023 +0.8 pp | Mar 2024 +7.4 pp | Jun 2024 −2.3 pp | Sep 2024 −1.5 pp | Dec 2024 −4.4 pp | Mar 2025 −0.1 pp | Jun 2025 +1.5 pp | Sep 2025 −0.6 pp | Dec 2025 −5.1 pp | Mar 2026 +0.4 pp | Jun 2026 +0.9 pp
- KEQU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 +6.6 pp | Mar 2023 +5.3 pp | Jun 2023 +0.1 pp | Sep 2023 +5.5 pp | Dec 2023 +5.2 pp | Mar 2024 +1.0 pp | Jun 2024 +2.9 pp | Sep 2024 −2.0 pp | Dec 2024 −1.5 pp | Mar 2025 −2.7 pp | Jun 2025 +0.8 pp | Sep 2025 +1.1 pp | Dec 2025 −1.5 pp | Mar 2026 −0.1 pp | Jun 2026 −3.3 pp

## Valuation Against Growth & Quality

What the numbers say: Ethan Allen Interiors Inc. has the lowest comparable Guarded PEG at 0.26×, 0% below Hamilton Beach Brands Holding Company. Only 6 of 21 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Evidence: Ethan Allen Interiors Inc. · 0.26× | 0% versus #2 · Hamilton Beach Brands Holding Company | 0/8 recent comparable periods | 6/21 companies · 19 observations

Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.

### Guarded PEG — lowest PEG
1. Ethan Allen Interiors Inc. (ETD): 0.3
2. Hamilton Beach Brands Holding Company (HBB): 0.3
3. SharkNinja, Inc. (SN): 0.4
4. Somnigroup International Inc. (SGI): 0.5
5. Flexsteel Industries, Inc. (FLXS): 0.7

### P/E — lowest P/E
1. Leggett & Platt, Incorporated (LEG): 6.1
2. Flexsteel Industries, Inc. (FLXS): 8.1
3. Hamilton Beach Brands Holding Company (HBB): 9.1
4. Kewaunee Scientific Corporation (KEQU): 11.5
5. Interface, Inc. (TILE): 11.7

### 20-quarter Guarded PEG history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 7.1 | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 0.4 | Dec 2025 0.4 | Mar 2026 0.4 | Jun 2026 —
- SGI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 0.5 | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 1.1 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 1.0 | Dec 2025 — | Mar 2026 — | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 0.2 | Sep 2025 0.3 | Dec 2025 0.4 | Mar 2026 — | Jun 2026 —
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 0.7 | Mar 2024 0.5 | Jun 2024 0.7 | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 2.1 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- ETD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.3 | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- FLXS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 0.7 | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- HBB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 0.3 | Mar 2025 0.5 | Jun 2025 — | Sep 2025 0.3 | Dec 2025 — | Mar 2026 — | Jun 2026 —

### 20-quarter P/E history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 39.0 | Dec 2023 42.6 | Mar 2024 46.1 | Jun 2024 43.2 | Sep 2024 42.6 | Dec 2024 31.3 | Mar 2025 26.4 | Jun 2025 27.1 | Sep 2025 25.5 | Dec 2025 22.7 | Mar 2026 21.4 | Jun 2026 —
- SGI: Sep 2021 16.3 | Dec 2021 15.4 | Mar 2022 8.9 | Jun 2022 7.2 | Sep 2022 8.5 | Dec 2022 13.6 | Mar 2023 15.7 | Jun 2023 17.3 | Sep 2023 19.6 | Dec 2023 — | Mar 2024 23.9 | Jun 2024 22.5 | Sep 2024 24.9 | Dec 2024 26.3 | Mar 2025 38.4 | Jun 2025 47.6 | Sep 2025 55.1 | Dec 2025 48.5 | Mar 2026 30.2 | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 11.5 | Mar 2022 — | Jun 2022 8.1 | Sep 2022 8.7 | Dec 2022 35.3 | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 18.0 | Dec 2024 14.7 | Mar 2025 15.0 | Jun 2025 14.0 | Sep 2025 19.3 | Dec 2025 18.4 | Mar 2026 — | Jun 2026 14.5
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 36.3 | Mar 2026 27.7 | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 22.6 | Mar 2022 30.9 | Jun 2022 27.6 | Sep 2022 20.7 | Dec 2022 9.6 | Mar 2023 — | Jun 2023 10.5 | Sep 2023 17.2 | Dec 2023 38.4 | Mar 2024 33.4 | Jun 2024 18.8 | Sep 2024 20.4 | Dec 2024 17.7 | Mar 2025 15.9 | Jun 2025 16.1 | Sep 2025 15.5 | Dec 2025 — | Mar 2026 38.4 | Jun 2026 79.2
- WHR: Sep 2021 6.5 | Dec 2021 8.3 | Mar 2022 6.4 | Jun 2022 13.9 | Sep 2022 21.7 | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 14.0 | Mar 2024 16.5 | Jun 2024 10.6 | Sep 2024 10.6 | Dec 2024 — | Mar 2025 643.8 | Jun 2025 — | Sep 2025 — | Dec 2025 12.8 | Mar 2026 18.3 | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 17.3 | Mar 2022 17.0 | Jun 2022 13.3 | Sep 2022 12.0 | Dec 2022 8.1 | Mar 2023 29.9 | Jun 2023 90.2 | Sep 2023 109.9 | Dec 2023 981.0 | Mar 2024 16.7 | Jun 2024 13.1 | Sep 2024 12.9 | Dec 2024 16.5 | Mar 2025 13.6 | Jun 2025 12.8 | Sep 2025 14.8 | Dec 2025 14.5 | Mar 2026 — | Jun 2026 11.7
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 6.3 | Mar 2023 6.5 | Jun 2023 9.3 | Sep 2023 9.8 | Dec 2023 10.6 | Mar 2024 13.2 | Jun 2024 10.6 | Sep 2024 16.1 | Dec 2024 15.0 | Mar 2025 16.8 | Jun 2025 15.0 | Sep 2025 21.4 | Dec 2025 53.7 | Mar 2026 — | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 11.9 | Mar 2022 11.3 | Jun 2022 7.8 | Sep 2022 7.4 | Dec 2022 6.4 | Mar 2023 6.8 | Jun 2023 8.3 | Sep 2023 9.7 | Dec 2023 10.1 | Mar 2024 13.3 | Jun 2024 11.7 | Sep 2024 15.5 | Dec 2024 13.6 | Mar 2025 15.6 | Jun 2025 16.6 | Sep 2025 17.5 | Dec 2025 15.0 | Mar 2026 18.9 | Jun 2026 14.3
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 25.6 | Sep 2023 — | Dec 2023 — | Mar 2024 216.3 | Jun 2024 24.9 | Sep 2024 753.7 | Dec 2024 — | Mar 2025 46.1 | Jun 2025 — | Sep 2025 67.0 | Dec 2025 — | Mar 2026 143.9 | Jun 2026 12.3
- LEG: Sep 2021 15.2 | Dec 2021 14.0 | Mar 2022 11.8 | Jun 2022 12.2 | Sep 2022 12.5 | Dec 2022 14.2 | Mar 2023 15.9 | Jun 2023 17.4 | Sep 2023 16.2 | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 8.7 | Sep 2025 5.5 | Dec 2025 6.5 | Mar 2026 6.1 | Jun 2026 —
- ETD: Sep 2021 8.5 | Dec 2021 8.3 | Mar 2022 7.4 | Jun 2022 5.0 | Sep 2022 4.8 | Dec 2022 5.9 | Mar 2023 6.3 | Jun 2023 6.9 | Sep 2023 8.5 | Dec 2023 10.2 | Mar 2024 12.6 | Jun 2024 11.2 | Sep 2024 12.9 | Dec 2024 11.8 | Mar 2025 12.3 | Jun 2025 13.9 | Sep 2025 15.9 | Dec 2025 13.3 | Mar 2026 14.1 | Jun 2026 —
- FLXS: Sep 2021 9.6 | Dec 2021 28.0 | Mar 2022 17.4 | Jun 2022 64.3 | Sep 2022 — | Dec 2022 11.4 | Mar 2023 23.8 | Jun 2023 7.0 | Sep 2023 7.3 | Dec 2023 6.5 | Mar 2024 12.6 | Jun 2024 16.3 | Sep 2024 17.5 | Dec 2024 15.2 | Mar 2025 14.4 | Jun 2025 10.2 | Sep 2025 11.3 | Dec 2025 10.8 | Mar 2026 8.1 | Jun 2026 —
- HBB: Sep 2021 7.8 | Dec 2021 9.4 | Mar 2022 6.4 | Jun 2022 5.7 | Sep 2022 5.3 | Dec 2022 6.9 | Mar 2023 10.7 | Jun 2023 15.8 | Sep 2023 13.5 | Dec 2023 9.7 | Mar 2024 11.8 | Jun 2024 6.9 | Sep 2024 16.2 | Dec 2024 7.7 | Mar 2025 8.0 | Jun 2025 7.6 | Sep 2025 6.2 | Dec 2025 8.4 | Mar 2026 9.1 | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 35.6 | Mar 2022 17.1 | Jun 2022 18.0 | Sep 2022 13.6 | Dec 2022 14.7 | Mar 2023 15.6 | Jun 2023 20.7 | Sep 2023 33.5 | Dec 2023 12.7 | Mar 2024 15.9 | Jun 2024 27.5 | Sep 2024 48.0 | Dec 2024 85.6 | Mar 2025 37.0 | Jun 2025 28.6 | Sep 2025 27.7 | Dec 2025 60.3 | Mar 2026 47.6 | Jun 2026 60.6
- LCUT: Sep 2021 10.9 | Dec 2021 17.0 | Mar 2022 15.7 | Jun 2022 27.6 | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 9.8 | Mar 2022 9.5 | Jun 2022 7.8 | Sep 2022 7.4 | Dec 2022 6.9 | Mar 2023 8.0 | Jun 2023 7.7 | Sep 2023 23.9 | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 57.5 | Sep 2025 18.7 | Dec 2025 22.2 | Mar 2026 24.2 | Jun 2026 23.4
- HOFT: Sep 2021 — | Dec 2021 12.5 | Mar 2022 21.7 | Jun 2022 37.5 | Sep 2022 57.0 | Dec 2022 18.1 | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 27.5 | Jun 2024 44.5 | Sep 2024 120.6 | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- KEQU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 65.0 | Sep 2023 11.5 | Dec 2023 7.7 | Mar 2024 9.4 | Jun 2024 5.6 | Sep 2024 8.9 | Dec 2024 5.0 | Mar 2025 10.9 | Jun 2025 8.3 | Sep 2025 13.4 | Dec 2025 10.6 | Mar 2026 10.6 | Jun 2026 11.5

## Enterprise Value & Book Value

What the numbers say: Flexsteel Industries, Inc. leads ev/ebitda at 5.41×; Traeger, Inc. leads p/bv at 0.46×.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Evidence: Flexsteel Industries, Inc. · 5.41× | 0.4% versus #2 · Leggett & Platt, Incorporated | 0/8 recent comparable periods | 20/21 companies · 302 observations

Definition: EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.

### EV/EBITDA — lowest EV/EBITDA
1. Flexsteel Industries, Inc. (FLXS): 5.4
2. Leggett & Platt, Incorporated (LEG): 5.4
3. MillerKnoll, Inc. (MLKN): 6.1
4. Mohawk Industries, Inc. (MHK): 6.4
5. La-Z-Boy Incorporated (LZB): 6.5

### P/BV — lowest P/BV
1. Traeger, Inc. (COOK): 0.5
2. Lifetime Brands, Inc. (LCUT): 0.7
3. Mohawk Industries, Inc. (MHK): 0.7
4. Hooker Furnishings Corporation (HOFT): 0.8
5. Bassett Furniture Industries, Incorporated (BSET): 0.8

### 20-quarter EV/EBITDA history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 16.6 | Dec 2023 16.4 | Mar 2024 18.5 | Jun 2024 20.3 | Sep 2024 24.9 | Dec 2024 18.5 | Mar 2025 16.4 | Jun 2025 17.6 | Sep 2025 16.5 | Dec 2025 15.0 | Mar 2026 14.1 | Jun 2026 —
- SGI: Sep 2021 11.6 | Dec 2021 11.1 | Mar 2022 7.7 | Jun 2022 7.3 | Sep 2022 8.0 | Dec 2022 11.3 | Mar 2023 13.3 | Jun 2023 13.1 | Sep 2023 13.9 | Dec 2023 — | Mar 2024 15.8 | Jun 2024 14.9 | Sep 2024 15.7 | Dec 2024 17.8 | Mar 2025 27.6 | Jun 2025 29.1 | Sep 2025 28.2 | Dec 2025 25.2 | Mar 2026 18.6 | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 7.0 | Mar 2022 — | Jun 2022 5.4 | Sep 2022 5.7 | Dec 2022 8.2 | Mar 2023 — | Jun 2023 14.0 | Sep 2023 20.0 | Dec 2023 26.9 | Mar 2024 31.3 | Jun 2024 22.6 | Sep 2024 8.9 | Dec 2024 7.1 | Mar 2025 7.2 | Jun 2025 7.0 | Sep 2025 8.3 | Dec 2025 7.3 | Mar 2026 — | Jun 2026 6.4
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 9.4 | Mar 2026 9.4 | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 9.7 | Mar 2022 12.0 | Jun 2022 11.4 | Sep 2022 10.6 | Dec 2022 6.1 | Mar 2023 — | Jun 2023 6.5 | Sep 2023 10.6 | Dec 2023 13.6 | Mar 2024 12.7 | Jun 2024 9.8 | Sep 2024 10.2 | Dec 2024 9.1 | Mar 2025 8.5 | Jun 2025 8.8 | Sep 2025 8.1 | Dec 2025 — | Mar 2026 19.1 | Jun 2026 18.1
- WHR: Sep 2021 5.1 | Dec 2021 6.0 | Mar 2022 15.7 | Jun 2022 7.8 | Sep 2022 8.5 | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 9.6 | Mar 2024 11.5 | Jun 2024 12.5 | Sep 2024 12.6 | Dec 2024 26.5 | Mar 2025 32.5 | Jun 2025 32.3 | Sep 2025 15.2 | Dec 2025 9.0 | Mar 2026 23.8 | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 10.0 | Mar 2022 9.3 | Jun 2022 8.2 | Sep 2022 7.6 | Dec 2022 6.1 | Mar 2023 9.0 | Jun 2023 6.9 | Sep 2023 7.5 | Dec 2023 7.3 | Mar 2024 8.4 | Jun 2024 7.3 | Sep 2024 7.7 | Dec 2024 9.5 | Mar 2025 8.4 | Jun 2025 8.0 | Sep 2025 9.4 | Dec 2025 8.9 | Mar 2026 — | Jun 2026 8.0
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 7.1 | Mar 2023 6.2 | Jun 2023 6.7 | Sep 2023 6.4 | Dec 2023 6.8 | Mar 2024 8.2 | Jun 2024 6.7 | Sep 2024 10.2 | Dec 2024 9.0 | Mar 2025 9.1 | Jun 2025 8.0 | Sep 2025 9.7 | Dec 2025 11.4 | Mar 2026 14.0 | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 5.8 | Mar 2022 5.7 | Jun 2022 4.2 | Sep 2022 4.1 | Dec 2022 3.8 | Mar 2023 3.8 | Jun 2023 4.1 | Sep 2023 4.8 | Dec 2023 4.8 | Mar 2024 6.2 | Jun 2024 5.7 | Sep 2024 7.1 | Dec 2024 6.5 | Mar 2025 7.3 | Jun 2025 6.9 | Sep 2025 7.2 | Dec 2025 6.2 | Mar 2026 7.6 | Jun 2026 6.5
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 3.9 | Sep 2023 57.7 | Dec 2023 — | Mar 2024 324.3 | Jun 2024 11.0 | Sep 2024 57.8 | Dec 2024 80.6 | Mar 2025 32.2 | Jun 2025 14.8 | Sep 2025 — | Dec 2025 37.2 | Mar 2026 15.1 | Jun 2026 6.1
- LEG: Sep 2021 10.1 | Dec 2021 9.5 | Mar 2022 8.4 | Jun 2022 8.7 | Sep 2022 9.0 | Dec 2022 9.4 | Mar 2023 10.1 | Jun 2023 10.4 | Sep 2023 9.7 | Dec 2023 59.5 | Mar 2024 88.6 | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 6.9 | Sep 2025 4.9 | Dec 2025 5.4 | Mar 2026 5.4 | Jun 2026 —
- ETD: Sep 2021 5.7 | Dec 2021 5.5 | Mar 2022 4.9 | Jun 2022 3.3 | Sep 2022 3.1 | Dec 2022 3.9 | Mar 2023 4.1 | Jun 2023 4.4 | Sep 2023 5.5 | Dec 2023 6.8 | Mar 2024 8.4 | Jun 2024 7.2 | Sep 2024 8.6 | Dec 2024 7.8 | Mar 2025 7.7 | Jun 2025 9.0 | Sep 2025 10.8 | Dec 2025 8.6 | Mar 2026 9.5 | Jun 2026 —
- FLXS: Sep 2021 8.4 | Dec 2021 17.3 | Mar 2022 12.3 | Jun 2022 14.5 | Sep 2022 29.9 | Dec 2022 9.3 | Mar 2023 12.8 | Jun 2023 13.0 | Sep 2023 12.7 | Dec 2023 10.6 | Mar 2024 15.2 | Jun 2024 10.7 | Sep 2024 11.6 | Dec 2024 10.5 | Mar 2025 9.6 | Jun 2025 7.0 | Sep 2025 8.0 | Dec 2025 7.6 | Mar 2026 5.4 | Jun 2026 —
- HBB: Sep 2021 7.1 | Dec 2021 8.1 | Mar 2022 7.6 | Jun 2022 7.2 | Sep 2022 7.1 | Dec 2022 4.1 | Mar 2023 10.6 | Jun 2023 11.7 | Sep 2023 10.6 | Dec 2023 6.6 | Mar 2024 22.1 | Jun 2024 10.6 | Sep 2024 19.9 | Dec 2024 4.1 | Mar 2025 11.3 | Jun 2025 13.8 | Sep 2025 16.9 | Dec 2025 5.0 | Mar 2026 14.2 | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 26.5 | Mar 2022 16.1 | Jun 2022 15.4 | Sep 2022 12.3 | Dec 2022 14.6 | Mar 2023 10.4 | Jun 2023 12.9 | Sep 2023 18.2 | Dec 2023 9.4 | Mar 2024 10.4 | Jun 2024 15.2 | Sep 2024 20.0 | Dec 2024 27.4 | Mar 2025 16.8 | Jun 2025 14.5 | Sep 2025 13.4 | Dec 2025 15.9 | Mar 2026 13.9 | Jun 2026 19.5
- LCUT: Sep 2021 8.3 | Dec 2021 9.2 | Mar 2022 9.1 | Jun 2022 10.8 | Sep 2022 5.1 | Dec 2022 11.1 | Mar 2023 11.7 | Jun 2023 9.9 | Sep 2023 8.8 | Dec 2023 8.0 | Mar 2024 8.9 | Jun 2024 8.4 | Sep 2024 4.8 | Dec 2024 7.7 | Mar 2025 6.9 | Jun 2025 29.4 | Sep 2025 38.4 | Dec 2025 26.5 | Mar 2026 39.0 | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 5.8 | Mar 2022 5.8 | Jun 2022 4.1 | Sep 2022 4.1 | Dec 2022 4.4 | Mar 2023 5.0 | Jun 2023 4.8 | Sep 2023 9.7 | Dec 2023 27.4 | Mar 2024 84.5 | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 21.2 | Sep 2025 12.0 | Dec 2025 9.9 | Mar 2026 10.7 | Jun 2026 10.8
- COOK: Sep 2021 814.8 | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 57.1 | Mar 2024 387.6 | Jun 2024 22.3 | Sep 2024 23.6 | Dec 2024 11.5 | Mar 2025 12.5 | Jun 2025 15.8 | Sep 2025 — | Dec 2025 — | Mar 2026 20.6 | Jun 2026 —
- HOFT: Sep 2021 — | Dec 2021 7.8 | Mar 2022 10.4 | Jun 2022 16.6 | Sep 2022 20.9 | Dec 2022 11.4 | Mar 2023 110.5 | Jun 2023 347.4 | Sep 2023 — | Dec 2023 — | Mar 2024 12.5 | Jun 2024 15.3 | Sep 2024 19.9 | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- KEQU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 463.5 | Sep 2022 86.7 | Dec 2022 17.2 | Mar 2023 10.2 | Jun 2023 9.8 | Sep 2023 6.1 | Dec 2023 5.0 | Mar 2024 5.5 | Jun 2024 5.5 | Sep 2024 8.7 | Dec 2024 5.2 | Mar 2025 13.6 | Jun 2025 6.9 | Sep 2025 8.5 | Dec 2025 7.1 | Mar 2026 6.3 | Jun 2026 6.7

### 20-quarter P/BV history
- SN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 4.2 | Dec 2023 4.8 | Mar 2024 5.5 | Jun 2024 6.4 | Sep 2024 8.5 | Dec 2024 7.1 | Mar 2025 5.8 | Jun 2025 6.3 | Sep 2025 6.1 | Dec 2025 5.9 | Mar 2026 5.4 | Jun 2026 —
- SGI: Sep 2021 — | Dec 2021 30.8 | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 -264.7 | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 26.5 | Jun 2024 — | Sep 2024 — | Dec 2024 17.6 | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 6.0 | Mar 2026 — | Jun 2026 —
- MHK: Sep 2021 — | Dec 2021 1.4 | Mar 2022 — | Jun 2022 1.0 | Sep 2022 1.0 | Dec 2022 0.7 | Mar 2023 — | Jun 2023 0.8 | Sep 2023 0.8 | Dec 2023 0.9 | Mar 2024 1.1 | Jun 2024 0.9 | Sep 2024 1.3 | Dec 2024 1.0 | Mar 2025 0.9 | Jun 2025 0.8 | Sep 2025 1.0 | Dec 2025 0.8 | Mar 2026 — | Jun 2026 0.7
- ALH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 -34.3 | Mar 2026 -56.4 | Jun 2026 —
- HNI: Sep 2021 — | Dec 2021 2.6 | Mar 2022 3.0 | Jun 2022 2.7 | Sep 2022 2.5 | Dec 2022 1.8 | Mar 2023 — | Jun 2023 1.9 | Sep 2023 1.8 | Dec 2023 2.6 | Mar 2024 2.8 | Jun 2024 2.7 | Sep 2024 3.0 | Dec 2024 2.9 | Mar 2025 2.6 | Jun 2025 2.8 | Sep 2025 2.5 | Dec 2025 — | Mar 2026 1.7 | Jun 2026 —
- WHR: Sep 2021 2.5 | Dec 2021 2.9 | Mar 2022 2.2 | Jun 2022 2.1 | Sep 2022 1.7 | Dec 2022 3.3 | Mar 2023 3.5 | Jun 2023 4.1 | Sep 2023 3.6 | Dec 2023 2.8 | Mar 2024 2.8 | Jun 2024 1.8 | Sep 2024 1.9 | Dec 2024 2.4 | Mar 2025 1.9 | Jun 2025 2.4 | Sep 2025 1.9 | Dec 2025 1.5 | Mar 2026 0.9 | Jun 2026 —
- TILE: Sep 2021 — | Dec 2021 2.7 | Mar 2022 2.6 | Jun 2022 2.2 | Sep 2022 2.2 | Dec 2022 1.4 | Mar 2023 1.6 | Jun 2023 1.3 | Sep 2023 1.3 | Dec 2023 1.5 | Mar 2024 2.3 | Jun 2024 1.9 | Sep 2024 2.1 | Dec 2024 2.9 | Mar 2025 2.3 | Jun 2025 2.1 | Sep 2025 2.7 | Dec 2025 2.6 | Mar 2026 — | Jun 2026 2.3
- MBC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 1.0 | Mar 2023 0.9 | Jun 2023 1.3 | Sep 2023 1.3 | Dec 2023 1.6 | Mar 2024 1.9 | Jun 2024 1.5 | Sep 2024 1.8 | Dec 2024 1.4 | Mar 2025 1.3 | Jun 2025 1.0 | Sep 2025 1.3 | Dec 2025 1.1 | Mar 2026 0.8 | Jun 2026 —
- LZB: Sep 2021 — | Dec 2021 1.9 | Mar 2022 1.8 | Jun 2022 1.4 | Sep 2022 1.4 | Dec 2022 1.3 | Mar 2023 1.3 | Jun 2023 1.3 | Sep 2023 1.4 | Dec 2023 1.3 | Mar 2024 1.6 | Jun 2024 1.4 | Sep 2024 1.8 | Dec 2024 1.6 | Mar 2025 1.9 | Jun 2025 1.6 | Sep 2025 1.6 | Dec 2025 1.3 | Mar 2026 1.5 | Jun 2026 1.4
- MLKN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 4.1 | Sep 2023 7.1 | Dec 2023 7.5 | Mar 2024 1.6 | Jun 2024 1.4 | Sep 2024 6.7 | Dec 2024 6.2 | Mar 2025 1.1 | Jun 2025 0.9 | Sep 2025 1.1 | Dec 2025 0.8 | Mar 2026 1.0 | Jun 2026 0.8
- LEG: Sep 2021 3.8 | Dec 2021 3.3 | Mar 2022 2.8 | Jun 2022 2.9 | Sep 2022 2.8 | Dec 2022 2.6 | Mar 2023 2.5 | Jun 2023 2.4 | Sep 2023 2.1 | Dec 2023 2.6 | Mar 2024 2.0 | Jun 2024 2.3 | Sep 2024 2.5 | Dec 2024 1.9 | Mar 2025 1.4 | Jun 2025 1.4 | Sep 2025 1.2 | Dec 2025 1.5 | Mar 2026 1.3 | Jun 2026 —
- ETD: Sep 2021 1.7 | Dec 2021 1.8 | Mar 2022 1.7 | Jun 2022 1.3 | Sep 2022 1.3 | Dec 2022 1.5 | Mar 2023 1.5 | Jun 2023 1.5 | Sep 2023 1.6 | Dec 2023 1.7 | Mar 2024 1.8 | Jun 2024 1.5 | Sep 2024 1.7 | Dec 2024 1.5 | Mar 2025 1.5 | Jun 2025 1.5 | Sep 2025 1.6 | Dec 2025 1.2 | Mar 2026 1.2 | Jun 2026 —
- XMAX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 9.0 | Mar 2026 9.6 | Jun 2026 —
- FLXS: Sep 2021 1.2 | Dec 2021 1.1 | Mar 2022 0.8 | Jun 2022 0.7 | Sep 2022 0.6 | Dec 2022 0.6 | Mar 2023 0.8 | Jun 2023 0.7 | Sep 2023 0.8 | Dec 2023 0.7 | Mar 2024 1.3 | Jun 2024 1.1 | Sep 2024 1.5 | Dec 2024 1.8 | Mar 2025 1.2 | Jun 2025 1.1 | Sep 2025 1.4 | Dec 2025 1.2 | Mar 2026 1.3 | Jun 2026 —
- HBB: Sep 2021 2.5 | Dec 2021 2.0 | Mar 2022 1.5 | Jun 2022 1.5 | Sep 2022 1.4 | Dec 2022 1.4 | Mar 2023 1.2 | Jun 2023 1.2 | Sep 2023 1.4 | Dec 2023 1.7 | Mar 2024 0.9 | Jun 2024 1.6 | Sep 2024 2.8 | Dec 2024 1.4 | Mar 2025 1.6 | Jun 2025 1.5 | Sep 2025 1.2 | Dec 2025 1.2 | Mar 2026 1.4 | Jun 2026 —
- LOVE: Sep 2021 — | Dec 2021 9.8 | Mar 2022 4.8 | Jun 2022 4.2 | Sep 2022 2.9 | Dec 2022 2.3 | Mar 2023 2.0 | Jun 2023 2.1 | Sep 2023 2.4 | Dec 2023 1.3 | Mar 2024 1.6 | Jun 2024 1.8 | Sep 2024 1.9 | Dec 2024 2.3 | Mar 2025 1.8 | Jun 2025 1.5 | Sep 2025 1.3 | Dec 2025 1.1 | Mar 2026 0.9 | Jun 2026 1.1
- LCUT: Sep 2021 1.6 | Dec 2021 1.4 | Mar 2022 1.1 | Jun 2022 1.0 | Sep 2022 0.6 | Dec 2022 0.7 | Mar 2023 0.6 | Jun 2023 0.6 | Sep 2023 0.5 | Dec 2023 0.6 | Mar 2024 1.0 | Jun 2024 0.9 | Sep 2024 0.7 | Dec 2024 0.6 | Mar 2025 0.5 | Jun 2025 0.6 | Sep 2025 0.5 | Dec 2025 0.4 | Mar 2026 0.7 | Jun 2026 —
- BSET: Sep 2021 — | Dec 2021 1.0 | Mar 2022 1.0 | Jun 2022 0.8 | Sep 2022 0.9 | Dec 2022 0.9 | Mar 2023 0.9 | Jun 2023 0.6 | Sep 2023 0.7 | Dec 2023 0.8 | Mar 2024 0.8 | Jun 2024 0.8 | Sep 2024 0.8 | Dec 2024 0.8 | Mar 2025 0.8 | Jun 2025 0.9 | Sep 2025 0.9 | Dec 2025 0.8 | Mar 2026 0.8 | Jun 2026 0.8
- COOK: Sep 2021 3.9 | Dec 2021 2.4 | Mar 2022 1.4 | Jun 2022 1.0 | Sep 2022 1.0 | Dec 2022 1.0 | Mar 2023 1.5 | Jun 2023 1.6 | Sep 2023 1.1 | Dec 2023 1.2 | Mar 2024 1.1 | Jun 2024 1.0 | Sep 2024 1.7 | Dec 2024 1.1 | Mar 2025 0.8 | Jun 2025 0.9 | Sep 2025 0.9 | Dec 2025 0.9 | Mar 2026 0.5 | Jun 2026 —
- HOFT: Sep 2021 — | Dec 2021 1.1 | Mar 2022 1.0 | Jun 2022 0.8 | Sep 2022 0.8 | Dec 2022 0.7 | Mar 2023 1.0 | Jun 2023 0.8 | Sep 2023 1.0 | Dec 2023 0.8 | Mar 2024 1.2 | Jun 2024 0.8 | Sep 2024 0.8 | Dec 2024 0.8 | Mar 2025 0.7 | Jun 2025 0.5 | Sep 2025 0.5 | Dec 2025 0.6 | Mar 2026 0.8 | Jun 2026 0.8
- KEQU: Sep 2021 — | Dec 2021 1.0 | Mar 2022 1.1 | Jun 2022 1.1 | Sep 2022 1.5 | Dec 2022 1.4 | Mar 2023 1.3 | Jun 2023 1.2 | Sep 2023 1.2 | Dec 2023 1.3 | Mar 2024 1.8 | Jun 2024 1.9 | Sep 2024 2.9 | Dec 2024 1.5 | Mar 2025 3.0 | Jun 2025 1.4 | Sep 2025 2.4 | Dec 2025 1.7 | Mar 2026 1.6 | Jun 2026 1.4

## Market action

XMax Inc. has the strongest one-year price move in Furnishings, Fixtures & Appliances at +258.7%. Lifetime Brands, Inc. leads on Mansfield relative strength against the S&P 500 at +59.2%. 12 of 20 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

### Strongest one-year price performers
1. XMax Inc. (XMAX): 259%
2. Flexsteel Industries, Inc. (FLXS): 133%
3. Lifetime Brands, Inc. (LCUT): 104%
4. Hamilton Beach Brands Holding Company (HBB): 79%
5. Hooker Furnishings Corporation (HOFT): 54%

### Strongest relative strength versus NIFTY 500
1. Lifetime Brands, Inc. (LCUT): 59%
2. Flexsteel Industries, Inc. (FLXS): 48%
3. SharkNinja, Inc. (SN): 29%
4. XMax Inc. (XMAX): 26%
5. Hamilton Beach Brands Holding Company (HBB): 26%

## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

## Every company
- SharkNinja, Inc. (SN) — market value ₹22.6K Cr; latest fundamentals Mar 2026
- Somnigroup International Inc. (SGI) — market value ₹15.2K Cr; latest fundamentals Mar 2026
- Mohawk Industries, Inc. (MHK) — market value ₹7.1K Cr; latest fundamentals Jun 2026
- Alliance Laundry Holdings Inc. (ALH) — market value ₹5.3K Cr; latest fundamentals Mar 2026
- HNI Corporation (HNI) — market value ₹3.2K Cr; latest fundamentals Jun 2026
- Whirlpool Corporation (WHR) — market value ₹2.5K Cr; latest fundamentals Mar 2026
- Interface, Inc. (TILE) — market value ₹2.0K Cr; latest fundamentals Jun 2026
- MasterBrand, Inc. (MBC) — market value ₹1.8K Cr; latest fundamentals Mar 2026
- La-Z-Boy Incorporated (LZB) — market value ₹1.7K Cr; latest fundamentals Jun 2026
- MillerKnoll, Inc. (MLKN) — market value ₹1.6K Cr; latest fundamentals Jun 2026
- Leggett & Platt, Incorporated (LEG) — market value ₹1.5K Cr; latest fundamentals Mar 2026
- Ethan Allen Interiors Inc. (ETD) — market value ₹606 Cr; latest fundamentals Mar 2026
- XMax Inc. (XMAX) — market value ₹536 Cr; latest fundamentals Mar 2026
- Flexsteel Industries, Inc. (FLXS) — market value ₹417 Cr; latest fundamentals Mar 2026
- Hamilton Beach Brands Holding Company (HBB) — market value ₹323 Cr; latest fundamentals Mar 2026
- The Lovesac Company (LOVE) — market value ₹248 Cr; latest fundamentals Jun 2026
- Lifetime Brands, Inc. (LCUT) — market value ₹200 Cr; latest fundamentals Mar 2026
- Bassett Furniture Industries, Incorporated (BSET) — market value ₹171 Cr; latest fundamentals Jun 2026
- Traeger, Inc. (COOK) — market value ₹164 Cr; latest fundamentals Mar 2026
- Hooker Furnishings Corporation (HOFT) — market value ₹149 Cr; latest fundamentals Jun 2026
- Kewaunee Scientific Corporation (KEQU) — market value ₹102 Cr; latest fundamentals Jun 2026

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-07-28.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### Which Furnishings, Fixtures & Appliances company is the biggest?

Whirlpool Corporation is the largest, with trailing-twelve-month revenue of $15,177 million, ahead of Somnigroup International Inc. at $7,674 million. That covers 18 of 21 companies with comparable reporting through Mar 2026.

### Which Furnishings, Fixtures & Appliances company is growing fastest?

XMax Inc. has the fastest revenue growth at 54.5% year on year, across 18 of 21 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

### Which Furnishings, Fixtures & Appliances company has the best profit margins?

Alliance Laundry Holdings Inc. has the highest operating margin at 19.6%, from 21 of 21 comparable companies. Flexsteel Industries, Inc. shows the biggest recent improvement, at +11.5 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which Furnishings, Fixtures & Appliances company makes the most profit?

SharkNinja, Inc. earns the most, at $705 million of trailing-twelve-month net profit, from 18 of 21 comparable companies. Bassett Furniture Industries, Incorporated has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Furnishings, Fixtures & Appliances company earns the highest return on capital?

SharkNinja, Inc. leads on return on capital employed at 5%, across 21 of 21 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Which Furnishings, Fixtures & Appliances stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Ethan Allen Interiors Inc. screens cheapest at 0.26×. Only 6 of 21 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Which Furnishings, Fixtures & Appliances company has the strongest balance sheet?

Alliance Laundry Holdings Inc. carries the lowest comparable gross debt at $0 million, from 21 of 21 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

### Which Furnishings, Fixtures & Appliances company is investing most in new capacity?

Whirlpool Corporation reports the largest capital spending at $225 million, across 21 of 21 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

### Is the Furnishings, Fixtures & Appliances sector beating the market?

Furnishings, Fixtures & Appliances has outperformed S&P 500 by 10.2% over the last 52 weeks and 13.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 12 of 20 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Furnishings, Fixtures & Appliances stock has the strongest price momentum?

Lifetime Brands, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Furnishings, Fixtures & Appliances company scores highest for research priority?

SharkNinja, Inc. scores 72.5 out of 100 with 82% evidence confidence, from 22.8 points on growth and earnings, 17.5 on capital efficiency, 13.2 on valuation and 19 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Furnishings, Fixtures & Appliances companies does this comparison cover, and over what period?

It compares 21 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Furnishings, Fixtures & Appliances sector?

The 21 Furnishings, Fixtures & Appliances companies on this page carry $67,428 million of combined market value. SharkNinja, Inc. is the largest at $22,621 million, about 34% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

### What is the Furnishings, Fixtures & Appliances sector's P/E ratio?

The median price-to-earnings ratio across the 21 Furnishings, Fixtures & Appliances companies on this page is 18.3×, measured on the 19 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

### How is the Furnishings, Fixtures & Appliances sector performing?

12 of the 20 covered Furnishings, Fixtures & Appliances companies are beating S&P 500 on Mansfield relative strength. The sector itself is 10.2% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

### How many Furnishings, Fixtures & Appliances stocks are listed in the US?

This comparison covers 21 listed Furnishings, Fixtures & Appliances companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

Narrative sector analysis: https://www.sectoralpha.in/sectors/furnishings-fixtures-appliances