Steelcase Inc
NYSE:SCS

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Steelcase Inc
NYSE:SCS
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Price: 11.74 USD -9.05% Market Closed
Market Cap: 1.3B USD
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Operating Margin
Steelcase Inc

6.1%
Current
3%
Average
5.7%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
6.1%
=
Operating Profit
192.1m
/
Revenue
3.1B

Operating Margin Across Competitors

Country Company Market Cap Operating
Margin
US
Steelcase Inc
NYSE:SCS
1.3B USD
6%
US
MSA Safety Inc
NYSE:MSA
6.5B USD
22%
CN
Shanghai M&G Stationery Inc
SSE:603899
29.6B CNY
7%
FR
Societe BIC SA
PAR:BB
2.6B EUR
13%
US
HNI Corp
NYSE:HNI
2.5B USD
9%
JP
Kokuyo Co Ltd
TSE:7984
315.8B JPY
7%
US
MillerKnoll Inc
NASDAQ:MLKN
1.6B USD
5%
US
Interface Inc
NASDAQ:TILE
1.4B USD
10%
US
Pitney Bowes Inc
NYSE:PBI
1.3B USD
4%
JP
Okamura Corp
TSE:7994
192.2B JPY
7%
JP
Pilot Corp
TSE:7846
184.5B JPY
15%
Country US
Market Cap 1.3B USD
Operating Margin
6%
Country US
Market Cap 6.5B USD
Operating Margin
22%
Country CN
Market Cap 29.6B CNY
Operating Margin
7%
Country FR
Market Cap 2.6B EUR
Operating Margin
13%
Country US
Market Cap 2.5B USD
Operating Margin
9%
Country JP
Market Cap 315.8B JPY
Operating Margin
7%
Country US
Market Cap 1.6B USD
Operating Margin
5%
Country US
Market Cap 1.4B USD
Operating Margin
10%
Country US
Market Cap 1.3B USD
Operating Margin
4%
Country JP
Market Cap 192.2B JPY
Operating Margin
7%
Country JP
Market Cap 184.5B JPY
Operating Margin
15%
No Stocks Found

Steelcase Inc
Glance View

Market Cap
1.3B USD
Industry
Commercial Services & Supplies

Steelcase Inc., a stalwart in the world of office furniture and workplace solutions, has a storied legacy dating back to its founding in 1912. Nestled in Grand Rapids, Michigan, the company was initially driven by a commitment to innovation, evidenced by its first patent for the metal wastebasket—a simple idea that revolutionized the industry. Over the decades, Steelcase has matured into a global leader, expanding its horizons far beyond wastebaskets to encompass a comprehensive range of office furniture, architecture, and technology products. At the heart of Steelcase's operations is a nuanced understanding of workplace dynamics and the ever-evolving nature of work itself. This insight drives the company to craft environments that enhance productivity, creativity, and well-being, making workplaces not just functional, but inspirational as well. Steelcase's business model thrives on creating value through research and design. The company invests heavily in studies to decipher the future of work, leveraging insights to develop products that anticipate and address emerging needs. Its revenue streams are anchored in the sales of furniture systems, seating products, storage solutions, and architectural products like demountable walls, all integrated with advanced technology to meet modern demands. Steelcase serves a diverse clientele, ranging from small businesses to multinational corporations, across sectors such as education, healthcare, and government. The company's success hinges on its ability to nurture relationships with these clients, understanding their unique challenges, and delivering tailored solutions. Through this adaptive approach, Steelcase not only maintains its market leadership but also reinforces its role as a pioneer in shaping how the world works.

SCS Intrinsic Value
20.5 USD
Undervaluation 43%
Intrinsic Value
Price

See Also

Discover More
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
6.1%
=
Operating Profit
192.1m
/
Revenue
3.1B
What is the Operating Margin of Steelcase Inc?

Based on Steelcase Inc's most recent financial statements, the company has Operating Margin of 6.1%.