Floor & Decor Holdings, Inc. (FND) Balance Sheet
FND balance sheet, 2025
December 31, 2025 · U.S. dollars$5.47B assets = $3.06B liabilities + $2.41B equity
Both columns are drawn to the same scale: what FND owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FND financial health
Descriptive bands, not a rating. Fiscal 2025.
FND balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $831.2M2016 | $5.47B2025 | +23.3%/yr | |
| Total liabilities | $696.9M2016 | $3.06B2025 | +17.9%/yr | |
| Shareholders’ equity | $134.3M2016 | $2.41B2025 | +37.8%/yr | |
| Cash & short-term investments | $451,0002016 | $249.3M2025 | +101.7%/yr | |
| Total debt | $390.7M2016 | $3.63B2025 | +28.1%/yr | |
| Net cash (debt) | −$390.3M2016 | −$3.38B2025 | −$3.0B | |
| Working capital | $92.5M2016 | $376.5M2025 | +$284.0M | |
| Book value per share | $1.382016 | $22.222025 | +36.2%/yr | |
| Current ratio | 1.382016 | 1.332025 | −0.05 | |
| Debt / equity | 2.912016 | 1.512025 | −1.40 | |
| Shares outstanding | 97.3M2016 | 108.4M2025 | +1.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FND assets
FND liabilities and equity
FND debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FND balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $249.3M | $187.7M | $34.4M | $9.8M | $139.4M | $307.8M | $27.0M | $644,000 | $556,000 | $451,000 |
| Cash & equivalents | $249.3M | $187.7M | $34.4M | $9.8M | $139.4M | $307.8M | $27.0M | $644,000 | $556,000 | $451,000 |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | — |
| Receivables | $101.3M | $123.2M | $127.4M | $102.1M | $85.0M | $50.4M | $72.2M | $71.9M | $66.5M | $34.5M |
| Inventory | $1.13B | $1.13B | $1.11B | $1.29B | $1.01B | $654.0M | $581.9M | $471.0M | $427.9M | $293.7M |
| Other current assets | $44.2M | $48.9M | $48.7M | $53.3M | $40.8M | $28.3M | $20.4M | $15.9M | $8.2M | $7.5M |
| Total current assets | $1.53B | $1.49B | $1.32B | $1.46B | $1.27B | $1.04B | $701.5M | $559.5M | $503.2M | $336.2M |
| Property, plant & equipment (net) | $3.47B | $3.12B | $2.91B | $2.46B | $2.03B | $1.50B | $1.28B | $328.4M | $221.0M | $150.5M |
| Goodwill & intangible assets | $404.5M | $408.1M | $411.8M | $407.8M | $407.4M | $336.7M | $336.7M | $336.8M | $336.8M | $336.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $63.1M | $32.1M | $21.6M | $22.2M | $17.1M | $7.6M | $257.3M | $9.5M | $7.0M | $7.6M |
| Total assets | $5.47B | $5.05B | $4.66B | $4.35B | $3.73B | $2.88B | $2.57B | $1.23B | $1.07B | $831.2M |
| Liabilities | ||||||||||
| Accounts payable | $683.7M | $794.9M | $679.3M | $590.9M | $661.9M | $417.9M | $368.5M | $313.5M | $258.7M | $158.5M |
| Short-term debt | $158.3M | $140.7M | $128.5M | $107.8M | $106.7M | $96.1M | $74.6M | $3.5M | $3.5M | $3.5M |
| Deferred revenue | $10.7M | $13.2M | $11.3M | $10.1M | $14.5M | $10.1M | $6.7M | $5.2M | $22.5M | $14.5M |
| Total current liabilities | $1.15B | $1.24B | $1.15B | $1.01B | $1.03B | $698.8M | $552.5M | $404.3M | $359.3M | $243.7M |
| Long-term debt | $193.6M | $194.5M | $194.9M | $405.6M | $195.8M | $207.2M | $142.6M | $141.8M | $185.6M | $387.2M |
| Lease obligations | $1.80B | $1.49B | $1.43B | $1.33B | $1.23B | $1.04B | $918.9M | — | — | — |
| Other long-term liabilities | $1.72B | $1.44B | $1.38B | $1.28B | $1.18B | $977.0M | $1.11B | $103.7M | $80.3M | $65.9M |
| Total liabilities | $3.06B | $2.88B | $2.73B | $2.69B | $2.41B | $1.88B | $1.81B | $649.8M | $625.1M | $696.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $108,000 | $107,000 | $107,000 | $106,000 | $106,000 | $104,000 | $101,000 | $98,000 | $96,000 | $83,000 |
| Retained earnings (deficit) | $1.83B | $1.62B | $1.42B | $1.17B | $872.2M | $589.0M | $394.0M | $243.6M | $119.5M | $16.8M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | — |
| Accumulated other comprehensive income | $22,000 | −$40,000 | $1.4M | $4.3M | $535,000 | $164,000 | −$193,000 | $186,000 | −$205,000 | $176,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | — |
| Total shareholders' equity | $2.41B | $2.17B | $1.93B | $1.66B | $1.32B | $997.4M | $764.3M | $584.3M | $442.9M | $134.3M |
| Key figures | ||||||||||
| Total debt | $3.63B | $1.69B | $1.63B | $1.74B | $1.42B | $1.24B | $1.06B | $145.3M | $189.1M | $390.7M |
| Net cash (debt) | −$3.38B | −$1.50B | −$1.59B | −$1.73B | −$1.28B | −$936.7M | −$1.03B | −$144.7M | −$188.5M | −$390.3M |
| Working capital | $376.5M | $248.2M | $164.6M | $450.7M | $241.3M | $341.6M | $148.9M | $155.2M | $143.9M | $92.5M |
| Tangible book value | $2.00B | $1.76B | $1.52B | $1.25B | $915.8M | $660.7M | $427.6M | $247.5M | $106.1M | −$202.6M |
| Book value per share | $22.22 | $20.03 | $17.90 | $15.42 | $12.32 | $9.40 | $7.28 | $5.59 | $4.44 | $1.38 |
| Shares outstanding | 108.4M | 108.3M | 107.9M | 107.4M | 107.4M | 106.1M | 105.0M | 104.6M | 99.7M | 97.3M |
| Current ratio | 1.33 | 1.20 | 1.14 | 1.45 | 1.23 | 1.49 | 1.27 | 1.38 | 1.40 | 1.38 |
| Quick ratio | 0.30 | 0.25 | 0.14 | 0.11 | 0.22 | 0.51 | 0.18 | 0.18 | 0.19 | 0.14 |
| Debt / equity | 1.51 | 0.78 | 0.84 | 1.05 | 1.08 | 1.25 | 1.39 | 0.25 | 0.43 | 2.91 |
| Equity / assets | 44.0% | 43.0% | 41.4% | 38.1% | 35.5% | 34.6% | 29.7% | 47.3% | 41.5% | 16.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $320.6M | $293.6M | $249.3M | $204.5M | $176.9M | $186.9M | $187.7M | $180.8M | $138.1M | $57.4M | $34.4M | $61.6M |
| Cash & equivalents | $320.6M | $293.6M | $249.3M | $204.5M | $176.9M | $186.9M | $187.7M | $180.8M | $138.1M | $57.4M | $34.4M | $61.6M |
| Receivables | $214.9M | $112.6M | $101.3M | $169.6M | $112.8M | $105.5M | $123.2M | $107.7M | $113.4M | $116.8M | $127.4M | $113.9M |
| Inventory | $1.14B | $1.15B | $1.13B | $1.16B | $1.21B | $1.19B | $1.13B | $1.05B | $1.04B | $1.03B | $1.11B | $1.11B |
| Other current assets | $54.1M | $49.7M | $44.2M | $55.9M | $52.0M | $49.7M | $48.9M | $54.4M | $53.4M | $49.7M | $48.7M | $55.1M |
| Total current assets | $1.73B | $1.60B | $1.53B | $1.59B | $1.55B | $1.53B | $1.49B | $1.39B | $1.34B | $1.26B | $1.32B | $1.34B |
| Property, plant & equipment (net) | $3.50B | $3.50B | $3.47B | $3.47B | $3.41B | $3.39B | $3.12B | $3.11B | $3.04B | $2.97B | $2.91B | $2.87B |
| Goodwill & intangible assets | $402.7M | $403.6M | $404.5M | $405.4M | $406.3M | $407.2M | $408.1M | $409.1M | $410.0M | $410.9M | $411.8M | $412.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $73.4M | $69.7M | $63.1M | $53.8M | $44.0M | $36.8M | $32.1M | $23.7M | $22.7M | $22.6M | $21.6M | $20.2M |
| Total assets | $5.71B | $5.58B | $5.47B | $5.52B | $5.41B | $5.37B | $5.05B | $4.93B | $4.82B | $4.66B | $4.66B | $4.64B |
| Liabilities | ||||||||||||
| Accounts payable | $783.1M | $735.4M | $683.7M | $724.6M | $777.1M | $814.4M | $794.9M | $737.8M | $698.7M | $641.2M | $679.3M | $706.3M |
| Short-term debt | $164.7M | $356.6M | $158.3M | $152.7M | $151.0M | $147.2M | $140.7M | $136.7M | $134.9M | $131.3M | $128.5M | $127.5M |
| Deferred revenue | $13.4M | $18.6M | $10.7M | $13.0M | $14.1M | $14.6M | $13.2M | $12.5M | $13.3M | $14.2M | $11.3M | $83.6M |
| Total current liabilities | $1.30B | $1.40B | $1.15B | $1.26B | $1.24B | $1.25B | $1.24B | $1.19B | $1.15B | $1.07B | $1.15B | $1.17B |
| Long-term debt | $193.8M | $0 | $193.6M | $194.2M | $194.3M | $194.4M | $194.5M | $194.6M | $194.7M | $194.8M | $194.9M | $195.0M |
| Lease obligations | $1.82B | $1.81B | $1.80B | $1.79B | $1.76B | $1.76B | $1.49B | $1.50B | $1.49B | $1.47B | $1.43B | $1.45B |
| Other long-term liabilities | $1.72B | $1.72B | $1.72B | $1.71B | $1.68B | $1.70B | $1.44B | $1.43B | $1.43B | $1.41B | $1.38B | $1.38B |
| Total liabilities | $3.22B | $3.12B | $3.06B | $3.16B | $3.12B | $3.15B | $2.88B | $2.82B | $2.77B | $2.68B | $2.73B | $2.75B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $107,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $107,000 | $107,000 | $107,000 | $107,000 | $107,000 | $107,000 |
| Retained earnings (deficit) | $1.90B | $1.87B | $1.83B | $1.79B | $1.73B | $1.67B | $1.62B | $1.57B | $1.52B | $1.47B | $1.42B | $1.38B |
| Accumulated other comprehensive income | $0 | $47,000 | $22,000 | −$5,000 | −$29,000 | −$50,000 | −$40,000 | −$79,000 | $106,000 | $452,000 | $1.4M | $2.5M |
| Total shareholders' equity | $2.50B | $2.46B | $2.41B | $2.36B | $2.29B | $2.22B | $2.17B | $2.11B | $2.05B | $1.98B | $1.93B | $1.89B |
| Key figures | ||||||||||||
| Total debt | $2.01B | $2.01B | $3.63B | $1.99B | $1.95B | $1.95B | $1.69B | $1.70B | $1.69B | $1.66B | $1.63B | $1.65B |
| Net cash (debt) | −$1.69B | −$1.71B | −$3.38B | −$1.78B | −$1.77B | −$1.77B | −$1.50B | −$1.52B | −$1.55B | −$1.61B | −$1.59B | −$1.59B |
| Working capital | $432.8M | $209.9M | $376.5M | $339.0M | $315.4M | $278.0M | $248.2M | $195.8M | $193.0M | $182.4M | $164.6M | $161.7M |
| Tangible book value | $2.09B | $2.05B | $2.00B | $1.96B | $1.89B | $1.81B | $1.76B | $1.70B | $1.64B | $1.57B | $1.52B | $1.47B |
| Book value per share | $23.08 | $22.64 | $22.22 | $21.78 | $21.18 | $20.49 | $20.01 | $19.49 | $18.90 | $18.30 | $17.88 | $17.46 |
| Shares outstanding | 108.1M | 108.5M | 108.4M | 108.5M | 108.3M | 108.4M | 108.4M | 108.3M | 108.3M | 108.3M | 108.0M | 108.0M |
| Current ratio | 1.33 | 1.15 | 1.33 | 1.27 | 1.25 | 1.22 | 1.20 | 1.16 | 1.17 | 1.17 | 1.14 | 1.14 |
| Quick ratio | 0.41 | 0.29 | 0.30 | 0.30 | 0.23 | 0.23 | 0.25 | 0.24 | 0.22 | 0.16 | 0.14 | 0.15 |
| Debt / equity | 0.81 | 0.82 | 1.51 | 0.84 | 0.85 | 0.88 | 0.78 | 0.81 | 0.83 | 0.84 | 0.84 | 0.87 |
| Equity / assets | 43.7% | 44.1% | 44.0% | 42.8% | 42.4% | 41.4% | 43.0% | 42.8% | 42.5% | 42.5% | 41.4% | 40.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
FND financial position
At the end of fiscal 2025 (December 31, 2025), Floor & Decor had total assets of $5.5 billion (up 8.3% from a year earlier), total liabilities of $3.1 billion and shareholders' equity of $2.4 billion. It held $249.3 million in cash and short-term investments against $3.6 billion of debt, net debt of $3.4 billion. Its current ratio was 1.33. In the latest quarter (ended June 30, 2026) total assets were $5.7 billion and equity $2.5 billion.
Related: FND income statement, FND cash flow statement, FND key metrics. See the FND stock overview for the latest quote and news.
FND balance sheet FAQ
What are Floor & Decor's total assets?
Floor & Decor reported total assets of $5.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.1 billion a year earlier.
How much debt does Floor & Decor have?
Floor & Decor had $3.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.51.
How much cash does Floor & Decor have?
Floor & Decor held $249.3 million in cash and short-term investments at the end of fiscal 2025; with $3.6 billion of debt that is net debt of $3.4 billion.
What is Floor & Decor's book value?
Floor & Decor's shareholders' equity (book value) was $2.4 billion at the end of fiscal 2025, or $22.22 per share.
What is Floor & Decor's current ratio?
Floor & Decor had current assets of $1.5 billion and current liabilities of $1.2 billion, a current ratio of 1.33 (it can cover its short-term obligations).
How much goodwill does Floor & Decor have?
Floor & Decor carried $404.5 million of goodwill and intangible assets, 7.4% of total assets, at the end of fiscal 2025.