Haverty Furniture Companies Gross Profit 2011-2025 | HVT

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Haverty Furniture Companies

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
160 M	150 M	419 M	435 M	447 M	445 M	444 M	431 M	413 M	402 M	352 M	321 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
447 M	150 M	368 M

Quarterly Gross Profit Haverty Furniture Companies

2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
125 M	133 M	-	157 M	147 M	141 M	150 M	148 M	142 M	135 M	138 M	122 M	59.6 M	99.6 M	116 M	112 M	104 M	103 M	114 M	115 M	108 M	109 M	116 M	112 M	107 M	110 M	121 M	114 M	104 M	104 M	116 M	112 M	100 M	103 M	114 M	106 M	94.1 M	97.9 M	106 M	104 M	91.3 M	100 M	96.3 M	90.7 M	79.7 M	85.3 M	87.9 M	80.4 M	73.4 M	79 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
157 M	59.6 M	110 M

Gross Profit of other stocks in the Home improvement industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Ethan Allen Interiors Inc. ETH	323 M	-	-	$ 663 M	USA
Applied UV AUVI	7.83 M	-	-7.11 %	$ 107 K	USA
Bassett Furniture Industries, Incorporated BSET	179 M	$ 17.05	-1.02 %	$ 149 M	USA
Casper Sleep Inc. CSPR	254 M	-	0.93 %	$ 271 M	USA
Hooker Furniture Corporation HOFT	88.6 M	$ 11.28	1.35 %	$ 119 M	USA
GrowGeneration Corp. GRWG	61.3 M	$ 1.61	-1.53 %	$ 98.5 M	USA
Kewaunee Scientific Corporation KEQU	68.9 M	$ 38.0	0.18 %	$ 109 M	USA
Flexsteel Industries FLXS	27.4 M	$ 40.46	-1.52 %	$ 212 M	USA
American Woodmark Corporation AMWD	307 M	$ 55.0	0.38 %	$ 835 M	USA
Leggett & Platt, Incorporated LEG	749 M	$ 11.04	0.91 %	$ 1.52 B	USA
Lowe's Companies LOW	28.8 B	$ 244.35	0.58 %	$ 142 B	USA
Floor & Decor Holdings FND	1.93 B	$ 62.38	-1.27 %	$ 6.68 B	USA
Energy Focus EFOI	223 K	$ 2.25	-3.61 %	$ 7.29 M	USA
Kimball International KBAL	211 M	-	-	$ 448 M	USA
Mohawk Industries MHK	2.71 B	$ 109.92	-0.09 %	$ 7 B	USA
Lifetime Brands LCUT	255 M	$ 4.01	4.7 %	$ 85 M	USA
Leslie's LESL	477 M	$ 1.68	1.2 %	$ 310 M	USA
The Lovesac Company LOVE	398 M	$ 15.31	2.72 %	$ 237 M	USA
The Home Depot HD	51 B	$ 349.55	0.6 %	$ 349 B	USA
Lumber Liquidators Holdings LL	323 M	-	-	$ 24.2 M	USA
Natuzzi S.p.A. NTZ	116 M	$ 2.35	-6.75 %	$ 373 M	Italia
Purple Innovation PRPL	172 M	$ 0.74	-0.34 %	$ 76.7 M	USA
Fortune Brands Home & Security FBHS	2.16 B	-	0.02 %	$ 7.07 B	USA
Virco Mfg. Corporation VIRC	115 M	$ 6.39	-0.47 %	$ 105 M	USA
La-Z-Boy Incorporated LZB	926 M	$ 37.76	-0.58 %	$ 1.57 B	USA
Nova LifeStyle NVFY	4.25 M	-	-2.01 %	$ 20.2 M	USA
Interface TILE	483 M	$ 28.45	0.57 %	$ 1.66 B	USA
Sleep Number Corporation SNBR	1 B	$ 8.69	0.58 %	$ 196 M	USA
Tempur Sealy International TPX	2.18 B	-	-0.04 %	$ 11.9 B	USA
Whirlpool Corporation WHR	2.58 B	$ 71.93	-0.15 %	$ 3.96 B	USA