Floor & Decor (FND)
Key Statistics
EV/EBIT = 41.4x
ROE = 9.73%
Debt/Equity = 85%
FCF Yield = .4%
Dividend Yield = 0%
Market Cap = $9.55 billion
The Company
Floor & Decor (FND) has become one of the most important players in the U.S. flooring market.
Founded in 2000 in Atlanta, Georgia, the company was created with a straightforward mission: to offer homeowners and professional contractors a wide range of high-quality flooring materials at competitive prices.
Unlike traditional home improvement stores, Floor & Decor was built on the idea of a warehouse-style shopping experience. Its stores bring together thousands of flooring options, installation materials, and decorative accessories under one roof, making it a one-stop shop for customers who want to handle a project from start to finish.
Over two decades, this model has turned Floor & Decor into a national retailer with hundreds of locations and a growing online presence. Today, it sells not just flooring but also bathroom vanities, countertops, and accessories, putting it in direct competition with home improvement giants while still retaining its identity as a flooring specialist.
One of the company’s biggest selling points is the breadth of its product selection. Floor & Decor stocks laminate and vinyl flooring, including luxury vinyl and engineered rigid-core vinyl that mimic the look of wood at a lower price. It also sells tile products such as porcelain and ceramic tiles, mosaics, and even porcelain slabs for larger projects.