Steelcase

Steelcase

Manufactures furniture, interior architecture, and technology products and services for corporate offices.

HQ location
Grand Rapids, United States
Launch date
Market cap
$1.2b
Enterprise value
$1.2b
Share price
$10.43
Company register number
61504424
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DateInvestorsAmountRound
N/A

€0.0

round
*

N/A

Post IPO Equity
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth(30 %)7 %17 %(2 %)-3 %4 %
EBITDA0000000000000000000000000000
% EBITDA margin7 %4 %6 %8 %8 %8 %9 %
Profit0000000000000000000000000000
% profit margin1 %-1 %3 %4 %3 %4 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Equity research estimates

More about Steelcase
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Steelcase Inc. (NYSE: SCS) is a prominent global manufacturer specializing in furniture for offices, hospitals, and classrooms. The company is dedicated to creating environments that enhance productivity and well-being. Steelcase serves a diverse range of clients, including businesses, educational institutions, and healthcare facilities, providing them with innovative furniture solutions that cater to their specific needs.

Operating in the commercial furniture market, Steelcase has established itself as a leader through its commitment to design, research, and sustainability. The company’s business model revolves around designing, manufacturing, and selling high-quality furniture and related products. Steelcase generates revenue by selling these products through a network of dealers and showrooms, as well as directly to large clients. Additionally, the company offers support for its smart connected products, ensuring optimal use and customer satisfaction.

Steelcase’s market strategy includes a strong focus on research and development to stay ahead of trends and meet the evolving needs of its clients. The company also emphasizes accessibility and inclusivity, as evidenced by its perfect score on the Human Rights Campaign Foundation’s Corporate Equality Index. This commitment to diversity and inclusion not only enhances its brand reputation but also attracts a broad customer base.

In summary, Steelcase Inc. is a well-established company in the commercial furniture industry, known for its innovative designs, commitment to sustainability, and focus on customer well-being. The company’s robust business model and dedication to inclusivity make it a trusted partner for businesses, educational institutions, and healthcare facilities worldwide.

Keywords: office furniture, healthcare furniture, educational furniture, design innovation, sustainability, customer well-being, inclusivity, smart products, global leader, research-driven.

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Tech stack

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Investments by Steelcase

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Red Thread
ACQUISITION by Steelcase May 2011
PolyVision Corporation
ACQUISITION by Industrial Opportunity Partners Feb 2020
Orangebox
ACQUISITION by Steelcase Sep 2018
HALCON
ACQUISITION by Steelcase May 2022
Viccarbe
ACQUISITION by Steelcase Oct 2021