Interface (TILE) Construction in Progress (2021 - 2023)
Interface (TILE) reported Construction in Progress of $24.1 million for Q1 2023, down 45.96% on a YoY basis from $44.6 million in Q1 2022, and down 45.96% quarter-over-quarter from $44.6 million in Q1 2022.
Interface (TILE) Construction in Progress (2021 - 2023) Analysis & Trends
Interface has reported Construction in Progress for 3 years, with the latest figure at $24.1 million in Q1 2023.
- For the quarter ending Q1 2023, Construction in Progress fell 45.96% year-over-year to $24.1 million; the trailing twelve-month figure through Jan 2023 stood at $24.1 million (down 45.96% YoY), and the FY2023 full-year result was $24.1 million, down 45.96% from the prior year.
- Construction in Progress for Q1 2023 stood at $24.1 million, down from $44.6 million in the prior quarter.
- The five-year high for Construction in Progress was $44.6 million in Q1 2022, with the low at $24.1 million in Q1 2023.
- Historically, Construction in Progress has averaged $37.2 million across 3 years, with a median of $43.0 million in 2021.
- Annual changes were most pronounced in 2022 — Construction in Progress increased 3.72% — and 2023, when it sank 45.96%.
- Interface's Construction in Progress stood at $43.0 million in 2021, then rose by 3.72% to $44.6 million in 2022, then slumped by 45.96% to $24.1 million in 2023.
- The last three Construction in Progress figures came in at $24.1 million (Q1 2023), $44.6 million (Q1 2022), and $43.0 million (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | - |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | - |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | - |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | - |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | - |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | 53.70 Mn |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | - |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | - |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | - |
| 10 | MasterBrand | 1.13 Bn | 994.44 Mn | 156.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 1, 2023 | 24.10 Mn |
| Jan 2, 2022 | 44.60 Mn |
| Jan 3, 2021 | 43.00 Mn |