Interface (TILE) Construction in Progress (2021 - 2023)
Interface (TILE) posted Construction in Progress of $24.1 million for Q1 2023, down 45.96% on a QoQ basis from $44.6 million in Q1 2022, and down 45.96% year-over-year from $44.6 million in Q1 2022.
Interface (TILE) Construction in Progress (2021 - 2023) Analysis & Trends
Interface's Construction in Progress history runs 3 years deep, the most recent figure standing at $24.1 million for Q1 2023.
- Quarterly Construction in Progress fell 45.96% year-over-year to $24.1 million in Q1 2023, while the trailing twelve-month figure through Jan 2023 was $24.1 million (down 45.96% YoY) and the FY2023 annual result came in at $24.1 million, down 45.96% from the prior year.
- Construction in Progress was $24.1 million for Q1 2023 at Interface, down from $44.6 million in the prior quarter.
- Across five years, Construction in Progress topped out at $44.6 million in Q1 2022 and bottomed at $24.1 million in Q1 2023.
- A 3-year average of $37.2 million and a median of $43.0 million in 2021 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2022 — Construction in Progress advanced 3.72% — and 2023, when it plunged 45.96%.
- Interface's Construction in Progress stood at $43.0 million in 2021, then advanced by 3.72% to $44.6 million in 2022, then plunged by 45.96% to $24.1 million in 2023.
- Business Quant data shows TILE's Construction in Progress at $24.1 million in Q1 2023, $44.6 million in Q1 2022, and $43.0 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | - |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | - |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | - |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | - |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 53.70 Mn |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | - |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | - |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | - |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | - |
| 10 | Leggett & Platt | 1.45 Bn | 936.18 Mn | 170.70 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 |