Haverty Furniture Companies Inc. (HVT) intrinsic value & 10-year financials

Haverty Furniture Companies Inc. (HVT) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 0.9% a year to $759.0M, with an average return on invested capital of 15.5%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$28.10
Revenue (FY2025)
$759.0M
Revenue growth (10-yr CAGR)
-0.9%
ROIC (10-yr avg)
15.5%
Free cash flow (FY2025)
$33.0M

HVT 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $759.0M $19.7M — $33.0M — 5.4%
FY2024 $722.9M $20.0M — $26.8M — 5.4%
FY2023 $862.1M $56.3M — $44.1M — 15.6%
FY2022 $1.0B $89.4M — $22.6M — 27.9%
FY2021 $1.0B $90.8M — $63.2M — 33.6%
FY2020 $748.3M $59.1M — $119.3M — 27.0%
FY2019 $802.3M $21.9M — $46.6M — 10.1%
FY2018 $817.7M $30.3M — $48.9M — 11.8%
FY2017 $819.9M $21.1M — $28.0M — 7.9%
FY2016 $821.6M $28.4M — $30.2M — 10.5%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

HAVERTY FURNITURE COMPANIES INC is facing top-line stagnation, with revenue contracting over the decade.

HAVERTY FURNITURE COMPANIES INC has earned high returns on invested capital, averaging 15.5% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

Over the decade, HAVERTY FURNITURE COMPANIES INC shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, HAVERTY FURNITURE COMPANIES INC is modeled at -0.9% normalized earnings growth with a 5.1% bond-yield adjustment.

HVT stock: frequently asked questions

How fast has Haverty Furniture Companies Inc. grown?

Revenue went from $821.6M in fiscal 2016 to $759.0M in fiscal 2025, a compound annual growth rate of -0.9%. Net income was $19.7M in fiscal 2025.

Does Haverty Furniture Companies Inc. generate free cash flow?

Haverty Furniture Companies Inc. generated $33.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 10 of the last 10 reported years.

What is HVT's return on invested capital?

Average ROIC over the last 10 fiscal years was 15.5%, and average return on equity was 15.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this HVT data come from?

From Haverty Furniture Companies Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 4, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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