Tempur Sealy International Inc. (TPX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 24	$0.81	$0.82	+1.2%	—	$1.3B	—
Q2 24	$0.64	$0.63	-1.6%	—	$1.2B	—
Q1 24	$0.48	$0.5	+4.2%	—	$1.2B	—
Q4 23	$0.54	$0.53	-1.9%	—	$1.2B	—
Q3 23	$0.83	$0.66	-20.5%	—	$1.3B	—
Q2 23	$0.56	$0.58	+3.6%	—	$1.3B	—
Q1 23	$0.51	$0.53	+3.9%	—	$1.2B	—
Q4 22	$0.52	$0.54	+3.8%	—	$1.2B	—
Q3 22	$0.75	$0.78	+4.0%	—	$1.3B	—
Q2 22	$0.58	$0.58	0.0%	—	$1.2B	—
Q1 22	$0.6	$0.69	+15.0%	—	$1.2B	—
Q4 21	$0.96	$0.88	-8.3%	—	$1.4B	—
Q3 21	$0.85	$0.88	+3.5%	—	$1.4B	—
Q2 21	$0.57	$0.79	+38.6%	—	$1.2B	—
Q1 21	$0.52	$0.64	+23.1%	—	$1B	—
Q4 20	$0.52	$0.67	+28.8%	—	$1.1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY24	—	$2.21	—	—	$4.9B	—
FY23	—	$2.14	—	—	$4.9B	—
FY22	—	$2.61	—	—	$4.9B	—
FY21	—	$3.17	—	—	$4.9B	—
FY20

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Revenue	$3.2B	$3.1B	$2.7B	$2.7B	$3.1B	$3.7B	$4.9B	$4.9B	$4.9B	$4.9B
YoY change	+5.51%	-2.37%	-12.3%	+0.09%	+14.9%	+18.4%	+34.1%	-0.19%	+0.09%	+0.11%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Revenue	3.2B	3.1B	2.7B	2.7B	3.1B	3.7B	4.9B	4.9B	4.9B	4.9B
Cost of revenue	1.9B	1.8B	1.6B	1.6B	1.8B	2B	2.8B	2.9B	2.8B	2.8B
Gross profit	1.2B	1.3B	1.1B	1.1B	1.3B	1.6B	2.2B	2B	2.1B	2.2B
Gross margin	39.6%	41.9%	41.5%	41.5%	43.2%	44.6%	43.8%	41.6%	43.2%	44.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	972.9M	908.9M	861.9M	882M	1B	1.1B	1.3B	1.4B	1.5B	1.6B
Operating expenses	954.6M	889.4M	841.1M	882M	1B	1.1B	1.3B	1.4B	1.5B	1.6B
Operating income	294.6M	400.1M	279.9M	238.7M	330.8M	515.7M	881.7M	659.5M	584.2M	615.3M
Operating margin	9.34%	13%	10.4%	8.83%	10.7%	14%	17.9%	13.4%	11.9%	12.5%
Non-operating income, net	-1M	-33.6M	22.8M	18.6M	20.4M	13.7M	8.6M	20.7M	19.8M	23.8M
Pretax income	191.1M	283.6M	215.4M	165M	265.5M	452.4M	824M	577.2M	474.1M	504.3M
Income tax	125.4M	86.3M	43.8M	49.6M	74.7M	102.6M	198.3M	119M	103.4M	118.6M
Net income	65.7M	185M	140.7M	97.6M	189.4M	349.8M	625M	457.8M	370.7M	385.7M
Net margin	2.08%	6.01%	5.21%	3.61%	6.1%	9.51%	12.7%	9.3%	7.53%	7.82%
EBITDA	365M	486.1M	383.4M	344.4M	440.9M	632.5M	1B	807.3M	742.5M	804.2M
EPS	0.3	0.86	0.71	0.46	0.87	1.68	3.17	2.61	2.14	2.21
Diluted EPS	0.29	0.84	0.7	0.46	0.85	1.64	3.06	2.53	2.08	2.16

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Revenue	1.2B	1.2B	1.3B	1.2B	1.2B	1.3B	1.3B	1.2B	1.2B	1.2B	1.3B	1.2B
Cost of revenue	716.7M	714.5M	742.2M	698.2M	708.2M	727.4M	703.4M	657.7M	676.8M	679.4M	710.1M	684.5M
Gross profit	522.8M	496.5M	541.1M	489.2M	499.9M	542.3M	573.7M	512.8M	512.6M	554.2M	589.9M	523.4M
Gross margin	42.2%	41%	42.2%	41.2%	41.4%	42.7%	44.9%	43.8%	43.1%	44.9%	45.4%	43.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	341.1M	355.2M	345M	348.8M	361.2M	387.7M	395.1M	400.5M	386M	384M	390.6M	404.2M
Operating expenses	341.1M	355.2M	345M	348.8M	361.2M	387.7M	395.1M	400.5M	386M	384M	390.6M	404.2M
Operating income	181.7M	141.3M	196.1M	140.4M	138.7M	154.6M	178.6M	112.3M	126.6M	170.2M	199.3M	119.2M
Operating margin	14.7%	11.7%	15.3%	11.8%	11.5%	12.2%	14%	9.59%	10.6%	13.8%	15.3%	9.87%
Non-operating income, net	8.2M	1.9M	5.8M	4.8M	4.5M	4.4M	4.7M	6.2M	5.2M	3.7M	2.1M	12.8M
Pretax income	169M	119.5M	175.1M	113.6M	110.4M	125.4M	150.7M	87.6M	97.5M	140.5M	170.6M	95.7M
Income tax	38.1M	28.3M	41.1M	11.5M	24.5M	32.2M	36.8M	9.9M	20.7M	34M	40.8M	23.1M
Net income	130.9M	91.2M	133.2M	102.5M	85.9M	93.2M	113.9M	77.7M	76.8M	106.5M	129.8M	72.6M
Net margin	10.6%	7.53%	10.4%	8.63%	7.11%	7.34%	8.92%	6.64%	6.46%	8.63%	9.98%	6.01%
EBITDA	220.3M	174.1M	233.9M	179M	177M	191.6M	216.5M	154.2M	171M	214.4M	243.6M	175.2M
EPS	0.72	0.52	0.77	0.6	0.5	0.54	0.66	0.45	0.44	0.61	0.75	0.41
Diluted EPS	0.69	0.51	0.75	0.57	0.48	0.52	0.64	0.43	0.43	0.6	0.73	0.4

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Market cap	4.3B	4B	3.4B	2.3B	4.7B	5.6B	9.3B	—	8.8B	9.8B	10.8B
Enterprise value	5.6B	5.9B	5.1B	3.9B	6.5B	7.3B	11.8B	—	12B	14.2B	15.2B
Shares outstanding	246.8M	236M	216M	217.6M	218M	207.9M	197M	174.9M	172.2M	173.6M	173.6M

Valuation

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
P/E	66.2	21.8	24.1	23.1	25.1	16	14.8	—	23.7	25.5	31.4
P/S	1.38	1.31	1.25	0.83	1.53	1.53	1.88	—	1.78	2	2.19
P/B	14.4	-117.4	29.5	10.4	13.2	10.9	31.4	—	26.3	17.3	19
EV/EBITDA	15.5	12	13.3	11.2	14.7	11.5	11.5	—	16.1	17.6	18.9
EV/Sales	1.79	1.9	1.89	1.43	2.09	1.97	2.4	—	2.43	2.88	3.08
Earnings yield	1.51%	4.59%	4.16%	4.33%	3.99%	6.23%	6.75%	—	4.22%	3.92%	3.18%
FCF yield	3.87%	2.57%	4.62%	4.86%	4.78%	9.68%	6.47%	—	4.39%	5.78%	22.7%
PEG	—	—	—	—	—	—	—	—	—	—	-3.53

Profitability

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Gross margin	39.6%	41.9%	41.5%	41.5%	43.2%	44.6%	43.8%	41.6%	43.2%	44.2%	43.3%
Operating margin	9.34%	13%	10.4%	8.83%	10.7%	14%	17.9%	13.4%	11.9%	12.5%	13%
Net margin	2.08%	6.01%	5.21%	3.61%	6.1%	9.51%	12.7%	9.3%	7.53%	7.82%	44.2%
ROE	21.7%	-539.4%	122.7%	44.9%	52.6%	68.1%	211.9%	-3.7K%	111.2%	67.9%	67.6%
ROA	2.47%	6.85%	5.22%	3.59%	6.19%	10.6%	14.5%	10.5%	8.14%	6.45%	6.43%
ROIC	6.32%	15.6%	12.2%	9.18%	11.4%	18.5%	23.5%	15.9%	13%	9.57%	9.57%
Return on tangible assets	-42.6%	-178.6%	-133.2%	-334.2%	60.2%	67.8%	103%	57%	38.7%	15.8%	15.8%

Financial health

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Current ratio	1.13	1.19	1.05	1.2	1.16	0.99	1.21	1.22	1.21	1.11	1.11
Quick ratio	0.86	0.84	0.74	0.87	0.83	0.67	0.77	0.65	0.68	0.64	0.64
Debt / equity	4.81	-55	15.3	7.57	4.98	3.32	9.7	-273.9	9.8	7.86	0.08
Debt / assets	0.55	0.7	0.65	0.61	0.59	0.51	0.66	0.77	0.72	0.75	0.75
Net debt / EBITDA	3.56	3.75	4.47	4.65	3.93	2.59	2.49	4.09	4.3	5.41	5.41
Interest coverage	2.86	4.42	3.47	2.79	4.1	6.88	13.4	6.6	4.65	4.74	4.74
Effective tax rate	65.6%	30.4%	20.3%	30.1%	28.1%	22.7%	24.1%	20.6%	21.8%	23.5%	23.5%

Per share

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Revenue per share	12.8	13	12.5	12.4	14.2	17.7	25	28.1	28.6	28.4	28.4
EPS (basic)	0.3	0.86	0.71	0.46	0.87	1.68	3.17	2.61	2.14	2.21	2.21
EPS (diluted)	0.29	0.84	0.7	0.46	0.85	1.64	3.06	2.53	2.08	2.16	2.16
Book value per share	1.23	-0.15	0.53	1	1.65	2.47	1.5	-0.07	1.94	3.27	3.27
FCF per share	0.68	0.44	0.72	0.5	1.04	2.61	3.04	0.41	2.24	3.28	3.19
Cash per share	0.62	0.28	0.19	0.21	0.3	0.31	1.53	0.4	0.43	0.68	0.68
Capex per share	0.27	0.26	0.31	0.34	0.4	0.54	0.63	1.75	1.08	0.56	0.54

Capital allocation

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Capex / revenue	2.09%	2.01%	2.47%	2.72%	2.84%	3.03%	2.5%	6.23%	3.76%	1.97%	1.97%
Capex / operating cash flow	35.4%	25.8%	24.4%	42.4%	41.8%	20.9%	17.3%	66.4%	35.1%	14.3%	17%
Payout ratio	—	—	—	—	0%	0%	10.1%	15.4%	21%	24%	24%
Dividend yield	—	—	—	—	0%	0%	0.68%	—	0.89%	0.94%	0.83%

Yield

0.83%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.13

ex-dividend Nov 21, 2024

Payout ratio

24%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Nov 21, 2024	$0.13
Aug 15, 2024	$0.13
May 15, 2024	$0.13
Feb 21, 2024	$0.13
Nov 15, 2023	$0.11
May 22, 2023	$0.11
Feb 22, 2023	$0.11
Nov 16, 2022	$0.10

Split history

Date

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Revenue	$1.2B	$1.2B	$1.3B	$1.2B	$1.2B	$1.3B	$1.3B	$1.2B	$1.2B	$1.2B	$1.3B	$1.2B
YoY change	+18.7%	+3.58%	-5.52%	-12.7%	-2.53%	+4.85%	-0.48%	-1.42%	-1.55%	-2.84%	+1.79%	+3.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Cash & short-term investments	153.9M	65.7M	41.1M	45.8M	64.9M	65M	300.7M	69.4M	74.9M	117.4M
Receivables	379.4M	341.6M	310.8M	321.5M	372M	383.7M	419.5M	422.6M	431.4M	404.5M
Inventory	199.2M	196.5M	179.1M	222.3M	260.5M	312.1M	463.9M	555M	483.1M	447M
Total current assets	809.1M	667.7M	607.4M	805.4M	900.2M	968.4M	1.3B	1.2B	1.1B	1.1B
Property, plant & equipment	605.4M	724.8M	749M	749.3M	999M	812.2M	1.1B	1.3B	1.5B	1.4B
Goodwill & intangibles	2.8B	2.8B	2.8B	2.7B	2.7B	2.8B	3.7B	3.6B	3.6B	3.5B
Total assets	2.7B	2.7B	2.7B	2.7B	3.1B	3.3B	4.3B	4.4B	4.6B	6B
Accounts payable	266.3M	235M	228.3M	253M	251.7M	324.1M	432M	359.8M	311.3M	360.5M
Short-term debt	181.5M	70.3M	72.4M	47.1M	88.2M	104.9M	154.7M	175.9M	164.5M	196.3M
Total current liabilities	713M	561.1M	576.9M	669M	773.3M	974.8M	1.1B	981.2M	908.2M	960.3M
Long-term debt	1.3B	1.8B	1.7B	1.6B	1.7B	1.6B	2.7B	3.2B	3.1B	4.3B
Total liabilities	2.4B	2.7B	2.6B	2.5B	2.7B	2.8B	4B	4.4B	4.2B	5.4B
Shareholders' equity	302.6M	-34.3M	114.7M	217.5M	360.4M	513.5M	295M	-12.3M	333.4M	568.3M
Total debt	1.5B	1.9B	1.8B	1.6B	1.8B	1.7B	2.9B	3.4B	3.3B	4.5B
Net debt	1.3B	1.8B	1.7B	1.6B	1.7B	1.6B	2.6B	3.3B	3.2B	4.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Cash & short-term investments	116.3M	110.3M	94.1M	69.4M	91M	101.8M	91.6M	74.9M	92.5M	95.8M	104.2M	117.4M
Receivables	426.4M	481.6M	488.2M	422.6M	461.5M	476.1M	525.8M	431.4M	483.6M	474M	467.6M	404.5M
Inventory	581.3M	619.1M	599M	555M	566.7M	529.3M	485.5M	483.1M	489.6M	507.4M	496.2M	447M
Total current assets	1.2B	1.3B	1.3B	1.2B	1.3B	1.3B	1.2B	1.1B	1.2B	1.2B	1.2B	1.1B
Property, plant & equipment	1.1B	1.2B	1.2B	1.3B	1.4B	1.4B	1.4B	1.5B	1.5B	1.5B	1.5B	1.4B
Goodwill & intangibles	3.7B	3.6B	3.5B	3.6B	3.6B	3.6B	3.5B	3.6B	3.6B	3.6B	3.6B	3.5B
Total assets	4.3B	4.4B	4.4B	4.4B	4.5B	4.6B	4.5B	4.6B	4.6B	4.6B	4.6B	6B
Accounts payable	462.3M	432.6M	440.2M	359.8M	368.1M	362.6M	361.7M	311.3M	345.2M	353.3M	346.8M	360.5M
Short-term debt	167.5M	169.7M	172.4M	175.9M	187.5M	188.4M	182.7M	164.5M	168.8M	174.2M	176.3M	196.3M
Total current liabilities	1.1B	1.1B	1.1B	981.2M	1B	1B	1.1B	908.2M	958.2M	957.8M	1B	960.3M
Long-term debt	3B	3.3B	3.2B	3.2B	3.3B	3.2B	3.1B	3.1B	3.1B	3B	2.8B	4.3B
Total liabilities	4.4B	4.6B	4.5B	4.4B	4.5B	4.4B	4.3B	4.2B	4.3B	4.2B	4B	5.4B
Shareholders' equity	-91.3M	-180.9M	-143.3M	-12.3M	43.6M	147.5M	223.7M	333.4M	335.4M	420.7M	573.2M	568.3M
Total debt	3.2B	3.4B	3.3B	3.4B	3.5B	3.4B	3.2B	3.3B	3.3B	3.2B	3B	4.5B
Net debt	3.1B	3.3B	3.3B	3.3B	3.4B	3.3B	3.2B	3.2B	3.2B	3.1B	2.8B	4.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Net income	65.7M	197.3M	171.6M	97.6M	189.4M	349.8M	625M	457.8M	370.7M	385.7M
Depreciation & amortization	71.4M	72.4M	80.7M	87.1M	89.7M	98M	113.2M	127.1M	135.3M	165.1M
Stock-based compensation	22.5M	16.2M	13.3M	24.8M	26.8M	104.5M	61.4M	53.1M	47.7M	36.4M
Change in working capital	21.2M	-22.8M	66M	-62.2M	-100.4M	-13.3M	-101.9M	-170.3M	-37.1M	109.3M
Operating cash flow	186.1M	239.5M	272.7M	173.4M	211.1M	533.6M	712.3M	461.5M	528.8M	681.6M
Capital expenditure	-65.9M	-61.9M	-66.6M	-73.6M	-88.2M	-111.3M	-123.3M	-306.5M	-185.4M	-97.3M
Investing cash flow	-59.7M	-61.9M	-65.7M	-71.2M	-90.2M	-146.6M	-554.8M	-315.3M	-187.8M	-96.7M
Dividends paid	—	—	—	—	0	0	-63.1M	-70.5M	-77.7M	-92.7M
Share repurchases	-1.3M	-535M	-44.9M	-4.6M	-105.7M	-331.8M	-816.3M	-667.4M	-36M	-43.8M
Financing cash flow	-111.1M	-200.8M	-188M	-117.7M	-221M	-529.5M	61.6M	-279.6M	-387.2M	1.1B
Net change in cash	15.3M	-23.2M	19M	-15.5M	-100.1M	-142.5M	219.1M	-133.4M	-46.2M	1.7B
Free cash flow	168.3M	103.6M	156.3M	109.5M	226.6M	543.4M	599.8M	72.3M	384.9M	569.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Net income	130.9M	91.2M	134M	101.7M	85.9M	93.2M	113.9M	77.7M	76.8M	106.5M	129.8M	72.6M
Depreciation & amortization	30.4M	30.9M	32M	33.8M	33.8M	32.6M	33.2M	35.7M	39.2M	40.5M	42.2M	43.2M
Stock-based compensation	13.8M	13.1M	12.2M	14M	10.8M	13.4M	11.7M	11.8M	9.2M	9.5M	8.6M	9.1M
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	175.1M	130.4M	176M	150.3M	132.2M	140.2M	159.5M	134M	126.2M	157.6M	181.9M	106.6M
Capital expenditure	-60.3M	-69.9M	-85.8M	-90.5M	-52.1M	-60.6M	-40.6M	-32.1M	-31.5M	-28.5M	-16.4M	-20.9M
Investing cash flow	-59.3M	-69.8M	-95.7M	-90.5M	-52M	-60.3M	-40.5M	-35M	-31.2M	-28.5M	-16.2M	-20.8M
Dividends paid	-18.7M	-17.5M	-17.2M	-17.1M	-20.8M	-19M	-19M	-18.9M	-24.9M	-22.6M	-22.6M	-22.6M
Share repurchases	-494.8M	-117.2M	-25.2M	-30.2M	-35.7M	-200K	-100K	0	-43.8M	0	0	0
Financing cash flow	-204.9M	94.5M	-124M	-45.2M	-29.2M	-83M	-193.8M	-74.7M	-78.2M	-117.1M	-240.7M	1.5B
Net change in cash	-89.1M	155.1M	-43.7M	14.6M	51M	-3.1M	-74.8M	24.3M	16.8M	12M	-75M	1.6B
Free cash flow	25.3M	-89M	131.2M	4.8M	47.7M	90.1M	188.1M	59M	98.7M	122.1M	240.2M	108.2M

Tempur Sealy International Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement