See more : Invion Limited (IVX.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Culp, Inc. (CULP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Culp, Inc., a leading company in the Apparel – Manufacturers industry within the Consumer Cyclical sector.
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Culp, Inc. (CULP)
About Culp, Inc.
Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services for customers in the hospitality and commercial industries. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 225.33M | 234.93M | 294.84M | 299.72M | 256.17M | 296.67M | 323.73M | 309.54M | 312.86M | 310.17M | 287.16M | 268.81M | 254.44M | 216.81M | 206.42M | 203.94M | 254.05M | 250.53M | 261.10M | 286.50M | 318.12M | 339.65M | 381.88M | 409.81M | 488.08M | 483.10M | 476.70M | 398.90M | 351.70M | 308.00M | 245.00M | 200.80M | 191.30M | 174.10M | 169.50M | 176.80M | 173.00M | 180.10M | 150.70M |
Cost of Revenue | 197.39M | 224.04M | 258.75M | 249.89M | 215.67M | 246.47M | 259.09M | 240.31M | 247.75M | 254.60M | 238.26M | 219.28M | 214.71M | 179.97M | 167.64M | 179.29M | 220.89M | 219.33M | 237.23M | 260.34M | 259.79M | 282.07M | 319.02M | 353.82M | 382.36M | 386.90M | 377.00M | 312.90M | 276.00M | 241.40M | 193.60M | 161.60M | 154.10M | 140.60M | 137.90M | 145.90M | 136.90M | 136.40M | 116.20M |
Gross Profit | 27.94M | 10.90M | 36.09M | 49.83M | 40.50M | 50.20M | 64.63M | 69.24M | 65.11M | 55.57M | 48.91M | 49.53M | 39.73M | 36.84M | 38.78M | 24.65M | 33.16M | 31.21M | 23.87M | 26.16M | 58.32M | 57.57M | 62.86M | 55.99M | 105.72M | 96.20M | 99.70M | 86.00M | 75.70M | 66.60M | 51.40M | 39.20M | 37.20M | 33.50M | 31.60M | 30.90M | 36.10M | 43.70M | 34.50M |
Gross Profit Ratio | 12.40% | 4.64% | 12.24% | 16.63% | 15.81% | 16.92% | 19.97% | 22.37% | 20.81% | 17.92% | 17.03% | 18.43% | 15.62% | 16.99% | 18.79% | 12.09% | 13.05% | 12.46% | 9.14% | 9.13% | 18.33% | 16.95% | 16.46% | 13.66% | 21.66% | 19.91% | 20.91% | 21.56% | 21.52% | 21.62% | 20.98% | 19.52% | 19.45% | 19.24% | 18.64% | 17.48% | 20.87% | 24.26% | 22.89% |
Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 9.57M | 10.30M | 9.16M | 11.60M | 8.72M | 6.84M | 9.36M | 10.39M | 9.46M | 7.01M | 5.30M | 25.25M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 4.60M | 4.20M | 4.30M | 3.90M | 4.00M | 4.20M | 4.60M | 4.60M | 4.20M | 3.80M | 3.50M | 3.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A | 38.61M | 37.98M | 35.42M | 37.76M | 34.42M | 38.41M | 37.17M | 39.16M | 36.77M | 32.78M | 28.66M | 28.45M | 25.03M | 21.07M | 22.81M | 19.75M | 23.97M | 27.03M | 28.95M | 40.48M | 41.02M | 40.04M | 48.06M | 50.37M | 59.94M | 60.00M | 53.00M | 45.10M | 39.10M | 33.40M | 27.90M | 24.20M | 24.60M | 22.00M | 21.00M | 22.60M | 25.30M | 27.20M | 22.10M |
Other Expenses | 636.00K | -443.00K | -1.36M | -2.21M | -902.00K | -1.35M | -1.02M | -681.00K | -616.00K | -391.00K | -1.26M | -583.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.06M | 20.10M | 16.20M | 13.50M | 13.10M | 11.90M | 8.80M | 7.00M | 7.10M | 6.40M | 5.60M | 6.00M | 5.40M | 4.80M | 3.50M |
Operating Expenses | 39.25M | 37.98M | 35.42M | 37.76M | 34.42M | 38.41M | 37.17M | 39.16M | 36.77M | 32.78M | 28.66M | 28.45M | 25.03M | 21.07M | 22.81M | 19.75M | 23.97M | 27.03M | 28.95M | 40.48M | 41.02M | 40.04M | 48.06M | 50.37M | 80.99M | 80.10M | 69.20M | 58.60M | 52.20M | 45.30M | 36.70M | 31.20M | 31.70M | 28.40M | 26.60M | 28.60M | 30.70M | 32.00M | 25.60M |
Cost & Expenses | 236.64M | 262.02M | 294.16M | 287.64M | 250.09M | 284.88M | 296.26M | 279.47M | 284.52M | 287.38M | 266.91M | 247.73M | 239.74M | 201.04M | 190.44M | 199.04M | 244.86M | 246.36M | 266.19M | 300.82M | 300.81M | 322.11M | 367.08M | 404.19M | 463.35M | 467.00M | 446.20M | 371.50M | 328.20M | 286.70M | 230.30M | 192.80M | 185.80M | 169.00M | 164.50M | 174.50M | 167.60M | 168.40M | 141.80M |
Interest Income | 1.16M | 531.00K | 373.00K | 244.00K | 897.00K | 766.00K | 534.00K | 299.00K | 176.00K | 622.00K | 482.00K | 419.00K | 508.00K | 240.00K | 116.00K | 89.00K | 0.00 | 0.00 | 0.00 | 134.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Expense | 0.00 | 6.17M | 17.00K | 51.00K | 106.00K | 42.00K | 94.00K | 299.00K | 176.00K | 64.00K | 427.00K | 632.00K | 780.00K | 881.00K | 1.31M | 2.36M | 5.97M | 10.78M | 25.70M | 3.71M | 7.90M | 57.76M | 34.15M | 26.99M | 12.60M | 14.00M | 10.30M | 7.10M | 7.10M | 6.80M | 3.00M | 1.40M | 1.70M | 1.20M | 1.70M | 4.40M | 0.00 | 1.90M | 1.60M |
Depreciation & Amortization | 6.91M | 7.28M | 7.55M | 7.31M | 8.12M | 8.58M | 8.02M | 7.33M | 6.84M | 5.96M | 5.48M | 5.35M | 5.11M | 4.81M | 4.56M | 7.20M | 5.92M | 8.00M | 14.46M | 19.01M | 13.82M | 14.45M | 18.99M | 21.34M | 21.06M | 20.10M | 16.20M | 13.50M | 13.10M | 11.90M | 8.80M | 7.00M | 7.10M | 6.40M | 5.60M | 6.00M | 5.40M | 4.80M | 3.50M |
EBITDA | -3.85M | -21.11M | 7.25M | 19.42M | 551.00K | 24.44M | 35.00M | 37.41M | 34.74M | 28.98M | 24.95M | 26.27M | 20.09M | 20.76M | 20.19M | 2.68M | 13.74M | 8.78M | 9.37M | 1.49M | 32.49M | 31.98M | 32.40M | 25.57M | 46.04M | 36.20M | 46.70M | 40.90M | 36.60M | 33.20M | 23.50M | 15.00M | 12.60M | 11.50M | 10.60M | 8.30M | 10.80M | 16.50M | 12.40M |
EBITDA Ratio | -1.71% | -8.39% | 2.46% | 5.81% | 5.68% | 6.78% | 10.81% | 12.08% | 11.10% | 9.34% | 8.69% | 9.77% | 7.99% | 9.61% | 10.00% | 5.98% | 6.59% | 6.30% | 7.77% | 5.44% | 10.21% | 13.47% | 12.31% | 8.77% | 9.70% | 7.95% | 10.13% | 10.55% | 10.66% | 11.10% | 9.71% | 7.47% | 6.69% | 6.49% | 6.43% | 5.09% | 5.32% | 9.33% | 8.29% |
Operating Income | -11.31M | -27.08M | -308.00K | 10.11M | 6.07M | 12.62M | 27.46M | 30.08M | 28.34M | 22.79M | 20.25M | 21.09M | 14.71M | 15.74M | 16.34M | -4.57M | 8.30M | 641.00K | -15.36M | -24.70M | 18.35M | 4.55M | 4.43M | -4.00K | 24.73M | 16.10M | 30.50M | 27.40M | 23.50M | 21.30M | 14.70M | 8.00M | 5.50M | 5.10M | 5.00M | 2.30M | 5.40M | 11.70M | 8.90M |
Operating Income Ratio | -5.02% | -11.53% | -0.10% | 3.37% | 2.37% | 4.25% | 8.48% | 9.72% | 9.06% | 7.35% | 7.05% | 7.84% | 5.78% | 7.26% | 7.92% | -2.24% | 3.27% | 0.26% | -5.88% | -8.62% | 5.77% | 1.34% | 1.16% | 0.00% | 5.07% | 3.33% | 6.40% | 6.87% | 6.68% | 6.92% | 6.00% | 3.98% | 2.88% | 2.93% | 2.95% | 1.30% | 3.12% | 6.50% | 5.91% |
Total Other Income/Expenses | 538.00K | 88.00K | -1.00M | -1.20M | -13.75M | -10.00K | -578.00K | -382.00K | -440.00K | 167.00K | -1.21M | -796.00K | -508.00K | -681.00K | -2.03M | -2.31M | -3.46M | -3.64M | -4.52M | -27.27M | -7.57M | -6.85M | -10.57M | -11.01M | -11.04M | -11.80M | -8.70M | -5.90M | -6.20M | -5.80M | -2.70M | -1.40M | -1.50M | -1.40M | -2.00M | -3.70M | -900.00K | -2.10M | -1.50M |
Income Before Tax | -10.77M | -28.39M | -325.00K | 10.88M | -7.68M | 12.00M | 26.88M | 29.70M | 27.90M | 22.96M | 19.04M | 20.29M | 14.20M | 15.06M | 14.32M | -6.88M | 4.84M | -3.00M | -19.88M | -28.79M | 10.78M | -2.29M | -6.14M | -12.41M | 13.69M | 4.30M | 21.80M | 21.50M | 17.30M | 15.50M | 12.00M | 6.60M | 4.00M | 3.70M | 3.00M | -1.40M | 4.50M | 9.60M | 7.40M |
Income Before Tax Ratio | -4.78% | -12.08% | -0.11% | 3.63% | -3.00% | 4.04% | 8.30% | 9.59% | 8.92% | 7.40% | 6.63% | 7.55% | 5.58% | 6.95% | 6.94% | -3.38% | 1.91% | -1.20% | -7.61% | -10.05% | 3.39% | -0.68% | -1.61% | -3.03% | 2.81% | 0.89% | 4.57% | 5.39% | 4.92% | 5.03% | 4.90% | 3.29% | 2.09% | 2.13% | 1.77% | -0.79% | 2.60% | 5.33% | 4.91% |
Income Tax Expense | 3.05M | 3.13M | 2.89M | 7.69M | 3.35M | 6.42M | 5.74M | 7.34M | 10.96M | 7.89M | 1.60M | 1.97M | 902.00K | -1.10M | 1.13M | 31.96M | -542.00K | -1.69M | -8.08M | -10.94M | 3.56M | -1.56M | -2.70M | -4.10M | 4.31M | 1.20M | 6.30M | 7.70M | 6.30M | 5.70M | 4.30M | 2.10M | 1.00M | 800.00K | 700.00K | -500.00K | 1.80M | 4.40M | 3.10M |
Net Income | -13.82M | -31.52M | -3.21M | 3.22M | -11.03M | 5.68M | 20.88M | 22.33M | 16.94M | 15.07M | 17.45M | 18.32M | 13.30M | 16.16M | 13.19M | -38.84M | 5.39M | -1.32M | -11.80M | -17.85M | 7.22M | -24.89M | -3.44M | -8.31M | 9.38M | 3.10M | 15.50M | 13.80M | 11.00M | 9.80M | 7.70M | 4.50M | 3.00M | 2.90M | 2.30M | -900.00K | 2.70M | 5.20M | 4.30M |
Net Income Ratio | -6.13% | -13.42% | -1.09% | 1.07% | -4.31% | 1.91% | 6.45% | 7.22% | 5.41% | 4.86% | 6.08% | 6.81% | 5.23% | 7.46% | 6.39% | -19.05% | 2.12% | -0.53% | -4.52% | -6.23% | 2.27% | -7.33% | -0.90% | -2.03% | 1.92% | 0.64% | 3.25% | 3.46% | 3.13% | 3.18% | 3.14% | 2.24% | 1.57% | 1.67% | 1.36% | -0.51% | 1.56% | 2.89% | 2.85% |
EPS | -1.11 | -2.57 | -0.26 | 0.26 | -0.89 | 0.46 | 1.68 | 1.81 | 1.38 | 1.23 | 1.43 | 1.50 | 1.05 | 1.25 | 1.04 | -3.07 | 0.43 | -0.11 | -1.02 | -1.55 | 0.63 | -2.17 | -0.31 | -0.74 | 0.81 | 0.24 | 1.22 | 1.18 | 0.98 | 0.87 | 0.69 | 0.41 | 0.27 | 0.27 | 0.21 | -0.08 | 0.25 | 0.49 | 0.41 |
EPS Diluted | -1.11 | -2.57 | -0.26 | 0.26 | -0.89 | 0.45 | 1.65 | 1.78 | 1.36 | 1.21 | 1.41 | 1.47 | 1.03 | 1.22 | 1.01 | -3.07 | 0.42 | -0.11 | -1.02 | -1.55 | 0.61 | -2.17 | -0.31 | -0.74 | 0.80 | 0.24 | 1.19 | 1.18 | 0.98 | 0.87 | 0.68 | 0.41 | 0.27 | 0.27 | 0.21 | -0.08 | 0.25 | 0.49 | 0.41 |
Weighted Avg Shares Out | 12.43M | 12.28M | 12.24M | 12.30M | 12.38M | 12.46M | 12.43M | 12.31M | 12.30M | 12.22M | 12.18M | 12.24M | 12.71M | 12.96M | 12.71M | 12.65M | 12.62M | 11.96M | 11.56M | 11.52M | 11.46M | 11.47M | 11.10M | 11.23M | 11.58M | 12.92M | 12.70M | 11.69M | 11.22M | 11.26M | 11.16M | 10.98M | 11.11M | 10.74M | 10.95M | 11.25M | 10.80M | 10.61M | 10.49M |
Weighted Avg Shares Out (Dil) | 12.43M | 12.28M | 12.24M | 12.32M | 12.38M | 12.55M | 12.63M | 12.52M | 12.48M | 12.42M | 12.41M | 12.45M | 12.87M | 13.22M | 13.06M | 12.65M | 12.77M | 11.96M | 11.56M | 11.52M | 11.84M | 11.47M | 11.10M | 11.23M | 11.73M | 12.92M | 13.03M | 11.69M | 11.22M | 11.26M | 11.32M | 10.98M | 11.11M | 10.74M | 10.95M | 11.25M | 10.80M | 10.61M | 10.49M |
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Source: https://incomestatements.info
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