Floor & Decor Holdings, Inc.
FND · Consumer Discretionary · $6.2B mkt cap · FY2025 filings · Wide moat
On the watchlist
The four filters
Pricing power72
Median gross margin 41.8% over 10y, very stable.
Returns on capital79
Median ROIC 16.0%, above the 9% hurdle in 90% of years.
Balance-sheet safety100
Net cash position — no leverage risk.
Capital discipline78
Owner earnings +19.2%/yr, share count flat.
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $246.0M
- Est. intrinsic value / share
- $25.36
- Recent price
- $57.34
- Discount to value
- 126% above value
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Moat Score history
Score history begins 2026-07-17. Check back as the record builds.
Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.