Floor & Decor Holdings, Inc. (FND) Stock

Floor & Decor Holdings, Inc. (FND) is a Consumer Discretionary stock trading at $54.70 (as of 2026-08-20), with a market capitalization of $5.83B and a trailing P/E of 25.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Floor & Decor Holdings, Inc. is a multi-channel specialty retailer and distributor of hard-surface flooring and related accessories, selling products such as tile, wood, laminate, vinyl, and natural stone, along with decorative and installation items. It serves do-it-yourself customers and professional installers/commercial businesses through store locations and its website.

Understand Floor & Decor Holdings, Inc.: how it makes money

Floor & Decor sells hard surface flooring, including tile, wood, laminate, vinyl, and natural stone, plus related accessories, through its warehouse-format stores and its website, serving both do-it-yourself customers and professional installers and commercial businesses.

Profitability is driven by scaling a warehouse-store footprint and converting that traffic into flooring sales across both store and e-commerce channels, while maintaining gross margin, because operating margin is low (4.5%), leaving limited room for cost pressures.

Revenue by segment (latest quarter)
Net Sales	$1.1B

Business quality (Weak): The company shows an operating model built around warehouse-format scale and an omnichannel mix, with a pro-focused selling effort, but margins are thin (operating margin 4.5%), so execution and cost control matter.

Valuation: At 32× earnings, FND trades 69% above the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

Omnichannel mix is present and measurable: E-Commerce Share of Revenue is 17.1%, supported by Web Sales Picked Up in Stores at 79% and Web Orders Picked Up in Stores at 88%.
Pro-focused selling signals meaningful commercial demand: Pro-Tendered Sales as a Percentage of Sales is 45%, and Pro Business Share of Tender Sales is 44%.
Customer experience strength in design appointments: Design Appointment Satisfaction Score is 85%.

Bear case

Thin operating margin increases sensitivity to expenses and execution: Operating margin is 4.5%, which can limit how much profitability can absorb cost increases or slower sales growth.
Store footprint expansion is a key lever, and rollout matters: Warehouse Format Stores (Ending) are 276, with New Warehouse Format Stores Opened at 10, making growth reliant on opening and operating new locations effectively.
Non-pro sales remain a large portion of demand: Pro-Tendered Sales as a Percentage of Sales is 45%, implying the other half of sales is not pro-tendered, which can make results more exposed to do-it-yourself demand patterns.

Valuation — source: SEC EDGAR (first-party)
Price	$54.70
Market Cap	$5.83B
P/E Ratio	25.0
EV / EBITDA	7.8
Price / Book	2.33
Price / Sales	1.23
FCF Yield	4.3%
DCF Value (model)	$23.67
DCF Upside vs Price	-56.7%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$4.68B
Net Margin	4.5%
Revenue Growth (YoY)	5.1%
EPS Growth (YoY)	1.0%
FCF Growth (YoY)	-59.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.73 (grey)
Piotroski F-Score	6/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	25.0
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Retail)	19.5
vs Sector	22.3%
vs Industry	28.3%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($611.34M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Retail
CEO	Bradley S. Paulsen
Employees	10,413
Country	US
IPO Date	2017-04-27

Related Companies (Business model: Brick-and-Mortar Retail (incl. Omnichannel); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.