Interface (TILE)

Company Profile

Interface, Inc. is a global flooring company specializing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT) and nora® rubber flooring. Interface helps its customers create high-performance interior spaces that support well-being, productivity, and creativity, as well as the sustainability of the planet. With its mission, Climate Take Back™, Interface commits to operating in a way that is restorative to the planet and creates a climate fit for life.

Company profile

Ticker

TILE

Exchange

NASDAQ

Website

www.interfaceglobal.com

CEO

Daniel Hendrix

Incorporated

Georgia

Location

Georgia

Fiscal year end

Jan 01

Sector

Manufacturing > Carpet and Rug Mills

Industry (SIC)

Carpets & Rugs

Mohawk Industries • Dixie ...

SEC CIK

0000715787

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

FLOR, Inc. • Interface Americas Holdings • Interface Americas, Inc. • Interface Asia-Pacific (HK) Ltd. • Interface Aust. Holdings Pty Limited • Interface Aust. Pty Limited • Interface Eurasia Holdings • Interface Europe • Interface Europe Investment B.V. • Interface Europe ...

IRS number

581451243

TILE stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$13.50

Low target

$9.00

High target

$18.00

Latest filings (excl ownership)

View all

S-8

Registration of securities for employees

1 Mar 23

Interface Reports Fourth Quarter and Full Year 2022 Results

28 Feb 23

15-15D

Suspension of duty to report

9 Jan 23

15-15D

Suspension of duty to report

9 Jan 23

8-K

Regulation FD Disclosure

9 Jan 23

S-8 POS

Registration of securities for employees (post-effective amendment)

19 Dec 22

S-8 POS

Registration of securities for employees (post-effective amendment)

Transcripts

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TILE

Earnings call transcript

2022 Q4

28 Feb 23

TILE

Earnings call transcript

2022 Q3

4 Nov 22

TILE

Earnings call transcript

2022 Q2

5 Aug 22

TILE

Earnings call transcript

2022 Q1

6 May 22

TILE

Earnings call transcript

2021 Q4

1 Mar 22

TILE

Earnings call transcript

2021 Q3

5 Nov 21

TILE

Earnings call transcript

2021 Q2

8 Aug 21

TILE

Earnings call transcript

2021 Q1

9 May 21

TILE

Earnings call transcript

2020 Q4

2 Mar 21

TILE

Earnings call transcript

2020 Q3

8 Nov 20

Latest ownership filings

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DANIEL T HENDRIX

17 Mar 23

Bruce Andrew Hausmann

BARROW HANLEY MEWHINNEY & STRAUSS LLC

15 Feb 23

SC 13G/A

FRONTIER CAPITAL MANAGEMENT CO LLC

14 Feb 23

Financial summary

Financial statements Chart TILE financial data

Quarter (USD)	Jan 23	Oct 22	Jul 22	Apr 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 23	Jan 22	Jan 21	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	97.56 mm	97.56 mm	97.56 mm	97.56 mm	97.56 mm	97.56 mm
Cash burn (monthly)	(no burn)	(no burn)	8.20 mm	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	24.49 mm	n/a	n/a	n/a
Cash remaining	n/a	n/a	73.07 mm	n/a	n/a	n/a
Runway (months of cash)	n/a	n/a	8.9	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Interface earnings reports.

Institutional ownership, Q4 2022

TILE institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	158	156	+1.3%
Opened positions	22	19	+15.8%
Closed positions	20	25	-20.0%
Increased positions	54	59	-8.5%
Reduced positions	56	56	–

13F shares	Current	Prev Q	Change
Total value	464.71 bn	513.98 mm	+90315.4%
Total shares	56.00 mm	54.28 mm	+3.2%
Total puts	20.80 k	62.60 k	-66.8%
Total calls	42.00 k	55.30 k	-24.1%
Total put/call ratio	0.5	1.1	-56.3%

Largest owners	Shares	Value	Change
BLK Blackrock	9.67 mm	$95.44 bn	+3.2%
Vanguard	6.64 mm	$65.56 bn	+0.6%
Capital World Investors	4.16 mm	$41.08 bn	-11.8%
Frontier Capital Management	3.64 mm	$35.95 bn	-1.0%
Frontier Capital Management	3.64 mm	$0.00	-2.1%
Barrow Hanley Mewhinney & Strauss	2.89 mm	$28.48 bn	+2.9%
Dimensional Fund Advisors	2.46 mm	$24.26 mm	+0.4%
STT State Street	2.19 mm	$21.65 bn	NEW
Wellington Management	1.78 mm	$17.62 bn	+3.4%
IVZ Invesco	1.32 mm	$13.07 bn	+35.8%

Largest transactions	Shares	Bought/sold	Change
STT State Street	2.19 mm	+2.19 mm	NEW
Capital World Investors	4.16 mm	-558.73 k	-11.8%
IVZ Invesco	1.32 mm	+349.09 k	+35.8%
BLK Blackrock	9.67 mm	+301.72 k	+3.2%
Schroder Investment Management	1.17 mm	-300.03 k	-20.4%
Meros Investment Management	797.38 k	+276.71 k	+53.1%
Reynders McVeigh Capital Management	429.44 k	-254.87 k	-37.2%
Citadel Advisors	4.14 k	-222.01 k	-98.2%
Deutsche Bank AG - Registered Shares	33.81 k	-209.21 k	-86.1%
Hotchkis & Wiley Capital Management	592.72 k	+187.04 k	+46.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TILE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Mar 23	Daniel T Hendrix	Common Stock	Payment of exercise	Dispose F	No	No	7.92	31,526	249.69 k	301,768
28 Feb 23	Bruce Andrew Hausmann	Common Stock	Payment of exercise	Dispose F	No	No	8.91	6,603	58.83 k	242,818
28 Feb 23	David B Foshee	Common Stock	Payment of exercise	Dispose F	No	No	8.91	3,359	29.93 k	200,664
28 Feb 23	James Poppens	Common Stock	Payment of exercise	Dispose F	No	No	8.91	1,727	15.39 k	126,349
28 Feb 23	Stansfield Nigel	Common Stock	Payment of exercise	Dispose F	No	No	8.91	6,234	55.54 k	207,085
27 Feb 23	Bruce Andrew Hausmann	Common Stock	Payment of exercise	Dispose F	No	No	8.795	4,802	42.23 k	249,421
27 Feb 23	Bruce Andrew Hausmann	Common Stock	Grant	Acquire A	No	No	0	23,487	0.00	254,223
27 Feb 23	Bruce Andrew Hausmann	Common Stock	Grant	Acquire A	No	No	0	7,238	0.00	230,736
27 Feb 23	Bruce Andrew Hausmann	Common Stock	Grant	Acquire A	No	No	0	15,673	0.00	223,498
27 Feb 23	David B Foshee	Common Stock	Payment of exercise	Dispose F	No	No	8.795	2,487	21.87 k	204,023