| Flexsteel Industries is a manufacturer, importer and online marketer of residential furniture and products in the U.S. Product offerings include a variety of upholstered furniture such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture. A featured component in most of the upholstered furniture is a steel drop-in seat spring from which the name Flexsteel is derived. Co. distributes its products throughout the U.S. through its e-commerce channel and dealer network. We show 46 historical shares outstanding datapoints in our FLXS shares outstanding history coverage, used to compute FLXS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FLXS market cap history over the course of time is important for investors
interested in comparing FLXS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FLXS versus a peer is one thing; comparing
FLXS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FLXS can fluctuate over the course of history.
With this page we aim to empower investors researching FLXS by allowing them to research the FLXS market cap history.