Interface Inc
NASDAQ:TILE

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Interface Inc
NASDAQ:TILE
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Price: 24.53 USD -0.49% Market Closed
Market Cap: 1.4B USD
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Gross Margin
Interface Inc

37.2%
Current
35%
Average
28.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
37.2%
=
Gross Profit
594.2m
/
Revenue
1.6B

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
US
Interface Inc
NASDAQ:TILE
1.4B USD
37%
US
MSA Safety Inc
NYSE:MSA
6.5B USD
48%
CN
Shanghai M&G Stationery Inc
SSE:603899
29.6B CNY
18%
FR
Societe BIC SA
PAR:BB
2.6B EUR
51%
US
HNI Corp
NYSE:HNI
2.5B USD
41%
JP
Kokuyo Co Ltd
TSE:7984
315.8B JPY
39%
US
MillerKnoll Inc
NASDAQ:MLKN
1.6B USD
39%
US
Steelcase Inc
NYSE:SCS
1.3B USD
33%
US
Pitney Bowes Inc
NYSE:PBI
1.3B USD
35%
JP
Okamura Corp
TSE:7994
192.2B JPY
33%
JP
Pilot Corp
TSE:7846
184.5B JPY
52%
Country US
Market Cap 1.4B USD
Gross Margin
37%
Country US
Market Cap 6.5B USD
Gross Margin
48%
Country CN
Market Cap 29.6B CNY
Gross Margin
18%
Country FR
Market Cap 2.6B EUR
Gross Margin
51%
Country US
Market Cap 2.5B USD
Gross Margin
41%
Country JP
Market Cap 315.8B JPY
Gross Margin
39%
Country US
Market Cap 1.6B USD
Gross Margin
39%
Country US
Market Cap 1.3B USD
Gross Margin
33%
Country US
Market Cap 1.3B USD
Gross Margin
35%
Country JP
Market Cap 192.2B JPY
Gross Margin
33%
Country JP
Market Cap 184.5B JPY
Gross Margin
52%
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Interface Inc
Glance View

Market Cap
1.4B USD
Industry
Commercial Services & Supplies

Interface Inc., a global leader in modular flooring, has woven a tapestry of innovation and sustainability into its corporate narrative. Originally founded in 1973 by Ray Anderson, the company revolutionized the commercial and industrial flooring industry by introducing modular carpet tiles, departing from traditional broadloom carpeting. This strategy afforded clients the flexibility to replace individual tiles rather than entire sections of carpet, minimizing waste and driving a more efficient, cost-effective maintenance model. The genius of Interface's business model lies in its ability to cater to a diverse market, with sectors ranging from corporate offices and educational institutions to healthcare facilities. The company not only manufactures carpets but also integrates cutting-edge technology and design innovation to enhance durability and aesthetics, thus consistently attracting a niche clientele that values both form and function. Looming as a beacon of environmental stewardship, Interface Inc. embarked on Mission Zero in the 1990s, a pledge to achieve zero negative environmental impact by 2020. This ambitious goal redefined the company's operational ethos, demonstrating that sustainability could be harmoniously aligned with profitability. The strategy involved recycling used carpets, adopting bio-based raw materials, and employing energy-efficient production processes. They even launched initiatives like ReEntry, which allowed them to reclaim used carpets for reuse and recycling, creating a closed-loop system that feeds into the production of new tiles. Such sustainability efforts not only reduced costs but also created a strong brand reputation that resonated with environmentally-conscious clients. With Interface's model, profitability intertwines seamlessly with environmental accountability, ensuring the company's pivotal role in driving long-term ecological change within the industry.

TILE Intrinsic Value
29.63 USD
Undervaluation 17%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
37.2%
=
Gross Profit
594.2m
/
Revenue
1.6B
What is the Gross Margin of Interface Inc?

Based on Interface Inc's most recent financial statements, the company has Gross Margin of 37.2%.