Ethan Allen is a furniture company with a North American manufacturing base, a company-operated and independent design-center network, and fiscal-year reporting that ends June 30. The statistics below describe its scale, fiscal 2025 performance, workforce, operating model, order pipeline and capital allocation, with geography and measurement periods kept explicit.
Key Ethan Allen Statistics
The following figures summarize the most useful Ethan Allen statistics across the company’s retail, financial and operating measures:
- 142 company-operated design centers were operating in the United States and Canada at June 30, 2025.
- 137 of the company-operated design centers were in the United States and 5 were in Canada at June 30, 2025.
- 45 independently operated design centers were part of Ethan Allen’s broader network across the United States, Asia, the Middle East and Europe at June 30, 2025.
- 172 North American retail design centers comprised 142 company-operated and 30 independently owned and operated locations at June 30, 2025.
- Four new company-operated design centers opened during fiscal 2025 in the United States and Canada.
- 38% of Ethan Allen design centers were new or relocated over the 10-year period reported at June 30, 2025.
- $614.649 million in consolidated net sales was reported for fiscal 2025 across Ethan Allen’s consolidated business.
- Fiscal 2025 consolidated net sales decreased 4.9% from fiscal 2024.
- 97.3% of fiscal 2025 consolidated sales came from the United States based on client location.
- 60.5% was Ethan Allen’s fiscal 2025 consolidated gross margin under GAAP.
- $51.596 million was fiscal 2025 GAAP net income for consolidated Ethan Allen.
- $2.01 was fiscal 2025 diluted earnings per share for Ethan Allen shareholders.
- Approximately 75% of furniture was manufactured in North American plants according to the company’s estimate reported at June 30, 2025.
- 3,211 employees worked for Ethan Allen at June 30, 2025, including 2,239 in wholesale and 972 in retail.
- $61.696 million in cash was provided by operating activities during fiscal 2025.
- $196.2 million in cash and investments was reported at June 30, 2025.
- Retail written orders decreased 1.5% in fiscal 2025, while wholesale written orders decreased 3.2%, compared with fiscal 2024.
- $140.9 million of inventory was reported at June 30, 2025, down 0.8% from a year earlier.
- $50.1 million in total cash dividends was paid during fiscal 2025, including a $0.40-per-share special dividend.
Contents
- Company scale and retail design-center footprint
- Revenue and segment sales trends
- Profitability, earnings and operating efficiency
- Manufacturing, workforce and operating model
- Cash flow, investment and balance sheet
- Orders, inventory, geography and shareholder returns
Ethan Allen Company Scale and Retail Design-Center Statistics
Ethan Allen’s reported footprint includes company-operated centers, independent locations and a narrower North American count. These are different populations, so the figures should not be added together without accounting for geography and ownership.
| Footprint measure | Reported figure | Period and geography |
|---|---|---|
| Company-operated design centers | 142 | June 30, 2025; United States and Canada |
| Independently operated design centers | 45 | June 30, 2025; United States, Asia, Middle East and Europe |
| North American retail design centers | 172 | June 30, 2025; North America |
| New company-operated centers | 4 | Fiscal 2025; United States and Canada |
The company-operated total included 137 U.S. centers and 5 Canadian centers. The broader North American total comprised 142 company-operated and 30 independently owned and operated locations, while the 45-location independent network also covered regions outside North America. Ethan Allen Interiors Inc. Form 10-K for the fiscal year ended June 30, 2025 and Ethan Allen Reports Fiscal 2025 and Fourth Quarter Results Highlighted by Strong Margins and Positive Demand; Declares Special and Regular Cash Dividend
Network development was also material over longer periods. During the prior 10 years, 38% of design centers were new or relocated; over the prior five years, 17 centers were opened or relocated, with an average size of 7,200 square feet for those 17 locations.
Ethan Allen reported 93 years of brand history in fiscal 2025. That heritage measure describes elapsed brand history, not sales, customer adoption or operating performance. Ethan Allen Interiors Inc. Form 10-K for the fiscal year ended June 30, 2025
Ethan Allen Revenue Statistics and Segment Sales Trends
Fiscal 2025 consolidated net sales were $614.649 million, compared with $646.221 million in fiscal 2024. Ethan Allen reported the year-over-year movement as a 4.9% decrease, making the fiscal-year comparison more informative than either dollar figure alone.
| Sales measure | Fiscal 2025 | Fiscal 2024 |
|---|---|---|
| Consolidated net sales | $614.649 million | $646.221 million |
| Retail net sales | $523.1 million | $540.6 million |
| Wholesale net sales | $359.1 million | $371.1 million |
| Fourth-quarter consolidated net sales | $160.357 million | $168.632 million |
Retail fiscal 2025 net sales were $523.1 million, versus $540.6 million in fiscal 2024. Wholesale net sales were $359.1 million, versus $371.1 million, but segment sales are not additive to consolidated sales because Ethan Allen reports intersegment activity and eliminations.
The fourth quarter ended June 30, 2025 produced $160.357 million in consolidated net sales, compared with $168.632 million a year earlier. Fourth-quarter retail net sales were $138.5 million versus $145.1 million, and wholesale net sales were $87.2 million versus $91.2 million. Ethan Allen Reports Fiscal 2025 and Fourth Quarter Results Highlighted by Strong Margins and Positive Demand; Declares Special and Regular Cash Dividend
Geographically, 97.3% of fiscal 2025 consolidated sales came from the United States, with 2.7% from all other countries, based on client location. The comparable U.S. share was 96.7% in fiscal 2024, also based on client location; these percentages describe sales geography rather than manufacturing geography. Ethan Allen Interiors Inc. Form 10-K for the fiscal year ended June 30, 2025
Ethan Allen Profitability, Earnings and Operating Efficiency Data
Ethan Allen’s fiscal 2025 gross profit was $372.121 million, and its GAAP gross margin was 60.5%, compared with 60.8% in fiscal 2024. The gross-margin figures are GAAP measures and should be read alongside the changes in operating and net income.
| Profitability measure | Fiscal 2025 | Fiscal 2024 |
|---|---|---|
| Gross margin | 60.5% | 60.8% |
| GAAP operating margin | 10.1% | 12.1% |
| GAAP net income | $51.596 million | $63.816 million |
| Diluted EPS | $2.01 | $2.49 |
Fiscal 2025 GAAP operating income was $61.988 million, producing a 10.1% operating margin versus 12.1% in fiscal 2024. Adjusted operating income was $62.895 million and adjusted operating margin was 10.2%; these are non-GAAP measures and are not substitutes for GAAP results.
GAAP net income declined from $63.816 million in fiscal 2024 to $51.596 million in fiscal 2025. Diluted EPS was $2.01, compared with $2.49 in fiscal 2024, while fourth-quarter fiscal 2025 GAAP operating margin was 9.5% and adjusted operating margin was 9.7%. Ethan Allen Reports Fiscal 2025 and Fourth Quarter Results Highlighted by Strong Margins and Positive Demand; Declares Special and Regular Cash Dividend
Ethan Allen Manufacturing, Workforce and Operating Model Statistics
Ethan Allen reported that approximately 75% of its furniture was manufactured in North American plants at June 30, 2025. This is an approximate company statement applying to furniture offered or manufactured, not every item sold, and it should not be treated as a precise share of all merchandise.
The company owned and operated 11 manufacturing facilities in the United States, Mexico and Honduras. The U.S. group included four manufacturing plants, a sawmill, a rough mill and a kiln-dry lumberyard; Mexico had three upholstery manufacturing plants, and Honduras had one case-goods manufacturing plant.
The workforce totaled 3,211 employees at June 30, 2025. Wholesale accounted for 2,239 employees and retail for 972, and the disclosed headcount is not a full-time-equivalent measure.
- Fiscal 2025 year-end headcount decreased 5.7%, or 193 associates, from fiscal 2024 year-end.
- The year-over-year reduction included 56 fewer retail employees and 137 fewer wholesale employees.
- Headcount at June 30, 2025 was 32.2% lower than in June 2019.
- None of Ethan Allen’s employees were represented by unions or collective bargaining agreements at June 30, 2025; this disclosure does not measure employee sentiment or working conditions.
The manufacturing and workforce figures describe Ethan Allen’s operating structure at particular dates. They do not establish product quality, delivery performance or employment outcomes. Ethan Allen Interiors Inc. Form 10-K for the fiscal year ended June 30, 2025
Ethan Allen Cash Flow, Investment and Balance-Sheet Statistics
Operating cash generation was $61.696 million in fiscal 2025, compared with $80.195 million in fiscal 2024 and $100.664 million in fiscal 2023. Capital expenditures moved in the opposite direction from operating cash flow over the latest year, reaching $11.268 million versus $9.606 million in fiscal 2024 and $13.885 million in fiscal 2023.
| Cash and investment measure | Fiscal 2025 or June 30, 2025 | Comparison |
|---|---|---|
| Cash from operating activities | $61.696 million | $80.195 million in FY2024; $100.664 million in FY2023 |
| Capital expenditures | $11.268 million | $9.606 million in FY2024; $13.885 million in FY2023 |
| Cash and investments | $196.2 million | $195.8 million at June 30, 2024 |
| Restricted cash | $0.8 million | $0.5 million at June 30, 2024 |
Fiscal 2025 capital expenditures included $6.337 million in wholesale and $4.931 million in retail. The company also reported $32.748 million in operating lease cost for fiscal 2025, compared with $31.959 million in fiscal 2024.
Right-of-use assets totaled $109.803 million at June 30, 2025, including $109.173 million in retail and $0.630 million in wholesale. Advertising costs were $17.7 million in fiscal 2025, compared with $16.4 million in fiscal 2024 and $17.2 million in fiscal 2023; the disclosed advertising category includes direct mail, digital marketing, agency, website, photo and video costs. Ethan Allen Interiors Inc. Form 10-K for the fiscal year ended June 30, 2025
Ethan Allen Orders, Inventory, Geography and Shareholder Returns
Order measures provide a view of demand and fulfillment pipeline, but they are not the same as delivered sales. Written orders, customer deposits and backlog should not be treated as guaranteed future revenue.
- Fiscal 2025 retail written orders decreased 1.5% from fiscal 2024, while wholesale written orders decreased 3.2%.
- In the fourth quarter ended June 30, 2025, retail written orders increased 1.6% year over year and wholesale written orders decreased 6.8%.
- Customer deposits from undelivered written orders were $75.1 million at June 30, 2025, versus $73.5 million a year earlier.
- Wholesale backlog was $48.9 million at June 30, 2025, down $4.6 million from a year earlier.
- Inventory was $140.9 million at June 30, 2025, down 0.8% from a year earlier.
The order pipeline and inventory figures use different definitions: customer deposits relate to undelivered written orders, wholesale backlog is company-defined, and inventory is a net balance-sheet amount. They therefore should be compared within their own measure rather than combined.
Ethan Allen paid $50.1 million in total cash dividends during fiscal 2025, including a $0.40-per-share special dividend. Fiscal 2025 capital expenditures were reported as $11.3 million versus $9.6 million in fiscal 2024 in the results release, an increase of about 17.7% derived from the rounded reported values; the precise Form 10-K figures are $11.268 million and $9.606 million. Ethan Allen Reports Fiscal 2025 and Fourth Quarter Results Highlighted by Strong Margins and Positive Demand; Declares Special and Regular Cash Dividend and Ethan Allen Interiors Inc. Form 10-K for the fiscal year ended June 30, 2025