HNI Corp

HNI Corp

HNI · NYSE · Consumer Cyclical / Furnishings, Fixtures & Appliances

48.31USD+0.11 (+0.23%)

Price History

Full chart

Market Stats

Previous Close48.20
Open48.32
Day Range47.79 – 48.54
52-Week Range28.41 – 51.45
Volume412.30K
Market Cap3.41B
P/E (TTM)0.00
Forward P/E10.02
EPS-0.03
Dividend Yield3.00%
Beta0.91
50-Day Avg46.73
200-Day Avg41.32

About

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. The company operates in two segments, Workplace Furnishings and Residential Building Products. Its Workplace Furnishings segment offers panel panel-based and freestanding furniture systems, seating, benching, tables, architectural products, storage, ancillary products, hospitality products, and social collaborative items through a system of independent dealers, company-owned dealers, and office product distributors, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories through a national of independent dealers and distributors, as well as corporation-owned installing distribution and retail outlets. It sells its products under the Allsteel, AMQ, Beyond, Coalesse, D'style, David Edward, Designtex, Gunlocke, HALCON, HBF, HBF Textiles, HON, Interwoven, Kimball, Kimball Hospitality, National, Orangebox, Smith System, Steelcase, Viccarbe brand names. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

Company Details

  • SectorConsumer Cyclical
  • IndustryFurnishings, Fixtures & Appliances
  • CEOMr. Jeffrey D. Lorenger J.D.
  • Employees18.50K
  • Headquarters600 East Second Street, Muscatine, IA, United States, 52761-0071, USA
  • Websitehttps://www.hnicorp.com

Leadership

  • Mr. Jeffrey D. Lorenger J.D.Chairman of the Board, President & CEO · b. 1966
  • Mr. Brandon Bishop Bullock IIIChief Operating Officer · b. 1977
  • Mr. Steven Mark Bradford J.D.Senior VP, General Counsel & Secretary · b. 1958
  • Mr. Jason Dean HagedornPresident of Workplace Furnishings · b. 1974
  • Ms. Julie M. AbramowskiVP & Corporate Controller · b. 1976
  • Mr. Jack D. HerringVP of Corporate Finance & Treasurer
  • Mr. Radhakrishna S. RaoVP and Chief Information & Digital Officer · b. 1966
  • Mr. Matthew S. McCall C.F.A.Vice President of Investor Relations & Corporate Development
  • Mr. Gregory A. MeunierExecutive VP of Operations of Workplace Furnishings & Kimball International · b. 1971
  • Mr. Michael J. RochChief Customer Officer of Kimball International · b. 1979

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue503.60M555.40M532.50M602.00M663.90M607.70M706.60M780.30M846.00M893.10M998.10M1.36B1.70B1.79B2.05B1.79B1.69B1.76B2.09B2.43B2.68B2.57B2.48B1.66B1.69B1.83B2.00B2.06B2.22B2.30B2.20B2.18B2.26B2.25B1.96B2.18B2.36B2.43B2.53B2.84B
Growth (%)-+10.29%-4.12%+13.05%+10.28%-8.47%+16.27%+10.43%+8.42%+5.57%+11.76%+36.53%+24.49%+5.48%+14.36%-12.41%-5.57%+3.73%+19.24%+16.23%+10.13%-4.08%-3.61%-33.15%+1.84%+8.70%+9.30%+2.79%+7.90%+3.68%-4.38%-1.25%+3.77%-0.48%-12.98%+11.71%+8.12%+3.06%+3.80%+12.37%
Cost of Revenue329.10M378.30M354.70M397.10M444.50M397.10M463.70M521.20M554.40M603.30M654.20M897.60M1.12B1.17B1.38B1.18B1.09B1.12B1.35B1.56B1.77B1.67B1.66B1.09B1.11B1.20B1.32B1.35B1.44B1.47B1.37B1.41B1.45B1.44B1.26B1.46B1.55B1.48B1.52B1.69B
Gross Profit174.50M177.10M177.80M204.90M219.40M210.60M242.90M259.10M291.60M289.80M343.90M465.10M576.40M618.20M665.88M611.30M599.88M639.22M742.78M873.69M914.47M896.58M816.26M562.58M579.82M633.16M680.63M704.99M778.90M837.10M837.81M767.61M811.31M809.36M696.86M727.20M812.80M949.20M1.01B1.15B
Gross Margin34.65%31.89%33.39%34.04%33.05%34.66%34.38%33.21%34.47%32.45%34.46%34.13%33.98%34.55%32.54%34.10%35.44%36.41%35.48%35.91%34.12%34.88%32.95%33.97%34.38%34.53%33.96%34.22%35.04%36.33%38.02%35.28%35.93%36.02%35.64%33.29%34.41%39.00%39.88%40.43%
Operating Expense118.00M132.80M126.40M160.20M150.30M158.00M181.00M187.80M205.50M224.30M238.60M325.90M406.30M480.60M499.92M495.04M459.32M488.28M563.49M653.51M705.22M693.13M705.52M514.15M509.46M549.53M590.51M598.91M638.38M658.46M640.51M655.45M667.42M655.64M596.26M635.49M692.50M772.00M790.70M907.10M
Operating Income56.50M44.30M51.40M44.70M69.10M52.60M61.90M71.30M86.10M65.50M105.30M139.20M170.10M137.60M165.96M116.26M140.55M150.93M179.30M220.17M209.25M203.45M110.74M48.43M70.35M83.64M90.11M106.08M140.53M178.63M197.30M112.16M143.90M153.71M100.59M91.72M120.30M177.20M216.80M240.60M
Operating Margin11.22%7.98%9.65%7.43%10.41%8.66%8.76%9.14%10.18%7.33%10.55%10.22%10.03%7.69%8.11%6.49%8.30%8.60%8.56%9.05%7.81%7.91%4.47%2.92%4.17%4.56%4.50%5.15%6.32%7.75%8.95%5.15%6.37%6.84%5.14%4.20%5.09%7.28%8.58%8.47%
EBITDA62.40M55.90M55.40M57.90M82.30M68.50M77.80M88.10M106.10M88.10M128.30M180.70M232.10M231.60M257.08M228.48M214.44M231.24M246.46M283.74M277.06M263.06M156.21M77.57M114.92M127.50M131.83M153.23M169.99M221.63M201.95M149.53M202.50M230.16M138.78M167.60M239.50M185.20M313.80M233.00M
EBITDA Margin12.39%10.06%10.40%9.62%12.40%11.27%11.01%11.29%12.54%9.86%12.85%13.26%13.68%12.94%12.56%12.75%12.67%13.17%11.77%11.66%10.34%10.23%6.30%4.68%6.81%6.95%6.58%7.44%7.65%9.62%9.17%6.87%8.97%10.24%7.10%7.67%10.14%7.61%12.42%8.21%
Net Income29.30M24.80M35.30M27.50M43.20M32.90M38.70M45.10M54.20M41.10M68.10M87.00M106.30M87.40M106.22M74.41M91.36M98.11M113.58M137.42M123.38M120.38M45.45M-6.44M26.94M45.99M48.97M63.68M61.47M105.44M85.58M89.80M93.38M110.50M41.90M59.80M123.90M49.20M139.50M54.20M
Net Income Margin5.82%4.47%6.63%4.57%6.51%5.41%5.48%5.78%6.41%4.60%6.82%6.38%6.27%4.88%5.19%4.15%5.40%5.59%5.43%5.65%4.60%4.68%1.83%-0.39%1.60%2.51%2.44%3.09%2.77%4.58%3.88%4.13%4.14%4.92%2.14%2.74%5.25%2.02%5.52%1.91%
R&D---------11.60M10.40M15.40M15.70M17.10M18.90M21.40M25.80M25.80M29.81M27.34M27.57M23.97M27.84M21.10M21.80M23.10M26.90M27.30M29.70M31.10M28.10M31.85M33.42M34.70M35.32M39.41M47.80M47.20M53.60M56.60M
R&D as % of Total Revenue---------1.30%1.04%1.13%0.93%0.96%0.92%1.19%1.52%1.47%1.42%1.12%1.03%0.93%1.12%1.27%1.29%1.26%1.34%1.33%1.34%1.35%1.28%1.46%1.48%1.54%1.81%1.80%2.02%1.94%2.12%1.99%
Interest Expense009.50M00000000000000000018.16M16.86M12.08M11.90M11.95M10.87M9.91M8.34M6.90M5.09M6.38M10.03M8.63M7.00M7.20M8.80M25.50M27.20M35.10M
Interest Expense % of Total Revenue0.00%0.00%1.78%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.71%0.68%0.73%0.71%0.65%0.54%0.48%0.38%0.30%0.23%0.29%0.44%0.38%0.36%0.33%0.37%1.05%1.08%1.24%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets256.30M248.10M275.90M284.30M277.00M280.90M322.70M352.40M372.60M409.50M513.50M754.70M864.50M906.70M1.02B961.89M1.02B1.02B1.02B1.14B1.23B1.21B1.17B994.33M997.88M1.05B1.08B1.13B1.24B1.26B1.33B1.39B1.40B1.45B1.42B1.50B1.41B1.93B1.88B4.88B
Total Liabilities120.00M121.70M128.40M156.10M145.40M131.30M159.70M172.80M178.00M193.30M261.00M373.00M402.50M405.40M449.13M369.21M373.66M311.94M352.49M546.19M729.94M748.07M716.64M574.70M589.42M634.94M658.97M698.29M824.83M786.63M829.23M876.97M838.59M868.14M827.29M907.90M797.70M1.17B1.03B3.05B
Total Equity136.30M126.40M147.50M128.20M131.60M149.60M163.00M179.60M194.60M216.20M252.40M381.70M462.00M501.30M573.34M592.68M646.89M709.89M669.16M593.94M495.92M458.91M448.83M419.28M407.99M419.06M420.36M436.33M414.59M476.95M500.60M514.07M562.93M584.04M590.42M589.60M616.50M761.40M840.10M1.84B
Cash36.40M28.30M68.10M37.00M31.40M30.20M40.10M32.80M27.70M32.20M31.20M46.10M17.50M22.20M3.18M78.84M139.16M138.98M29.68M75.71M28.08M33.88M39.54M87.37M99.10M72.81M41.78M65.03M34.14M28.55M36.31M23.35M76.82M52.07M116.12M52.30M17.40M28.90M22.50M209.20M
Total Debt41.80M44.80M42.30M42.80M44.10M41.80M61.30M57.80M52.30M52.20M119.90M143.40M157.30M136.30M140.55M88.98M52.63M32.75M9.13M152.82M315.63M298.23M327.54M200.42M200.14M180.88M154.93M150.68M197.90M190.48M214.02M276.65M250.03M257.82M254.69M274.60M300.70M578.00M496.80M1.63B
Net Debt5.40M16.50M-25.80M5.80M12.70M11.60M21.20M25.00M24.60M20.00M88.70M97.30M139.80M114.10M137.37M10.14M-86.53M-106.23M-20.54M77.11M287.56M264.35M288.00M113.05M101.04M108.07M113.14M85.65M163.75M161.93M177.71M253.30M173.22M205.75M138.57M222.30M283.30M549.10M474.30M1.42B

Cash Flow

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow58.20M33.80M55.80M64.00M64.60M93.00M93.30M141.40M146.80M156.20M204.92M227.80M202.39M141.27M194.26M201.01M159.60M291.19M174.37M193.21M94.38M134.28M144.78M165.00M167.80M173.35M223.36M133.15M186.43M219.38M214.47M131.63M81.20M267.50M226.70M276.20M
Investing Cash Flow-16.50M-17.10M-46.30M-34.20M-24.40M-62.80M-101.90M-200.70M-159.90M-84.10M-196.73M-47.01M-63.90M-81.48M-114.72M-74.95M-136.97M-92.02M-131.53M13.28M-25.05M-91.54M-85.81M-75.42M-154.21M-112.88M-153.03M-118.02M-41.22M-62.90M-100.37M-111.01M-10.70M-444.80M-51.00M-443.90M
Financing Cash Flow-45.30M-17.90M400.00K-37.00M-45.40M-25.60M7.60M74.20M-15.50M-67.50M-27.18M-105.13M-78.17M-59.98M-188.84M-80.03M-70.27M-193.36M-37.19M-158.65M-57.61M-69.02M-89.99M-66.33M-44.47M-66.07M-62.57M-28.09M-91.74M-181.23M-50.05M-84.48M-105.40M188.80M-182.20M363.10M
Capital Expenditure20.70M13.90M29.00M27.50M35.00M53.90M123.80M85.50M161.20M80.40M59.84M36.85M25.89M34.84M35.80M38.91M58.92M58.57M70.08M17.55M25.68M27.80M39.47M60.98M74.32M82.61M93.42M109.24M55.65M66.89M41.80M66.55M68.40M78.10M50.60M65.80M
Free Cash Flow37.50M19.90M26.80M36.50M29.60M39.10M-30.50M55.90M-14.40M75.80M145.08M190.95M176.51M106.43M158.46M162.10M100.68M232.62M104.29M175.65M68.70M106.48M105.30M104.03M93.47M90.74M129.94M23.91M130.78M152.50M172.67M65.08M12.80M189.40M176.10M210.40M
Dividends Paid9.90M11.70M12.10M12.60M13.60M14.50M15.00M16.70M19.70M23.10M26.45M28.37M29.39M30.30M32.02M33.84M36.03M36.41M38.09M38.67M38.74M41.25M43.04M43.49M44.33M46.33M48.49M49.56M51.09M52.23M52.10M53.75M53.20M58.50M63.60M63.10M
FCF to OCF64.43%58.88%48.03%57.03%45.82%42.04%-32.69%39.53%-9.81%48.53%70.80%83.82%87.21%75.34%81.57%80.64%63.08%79.89%59.81%90.91%72.79%79.30%72.74%63.04%55.71%52.35%58.17%17.95%70.15%69.51%80.51%49.44%15.76%70.80%77.68%76.18%
Dividend Paid to FCF26.40%58.79%45.15%34.52%45.95%37.08%-49.18%29.87%-136.81%30.47%18.23%14.86%16.65%28.47%20.21%20.88%35.78%15.65%36.53%22.01%56.38%38.74%40.87%41.81%47.42%51.06%37.32%207.30%39.06%34.25%30.17%82.59%415.63%30.89%36.12%29.99%

Earnings

Report DateMar 31, 1994Jun 30, 1994Sep 30, 1994Dec 31, 1994Mar 31, 1995Jun 30, 1995Oct 16, 1995Feb 1, 1996Apr 12, 1996Jul 17, 1996Oct 15, 1996Feb 4, 1997Apr 15, 1997Jul 15, 1997Oct 21, 1997Feb 10, 1998Apr 21, 1998Jul 21, 1998Oct 20, 1998Feb 2, 1999Apr 20, 1999Jul 20, 1999Oct 19, 1999Feb 8, 2000Apr 19, 2000Jul 18, 2000Oct 17, 2000Feb 7, 2001Apr 18, 2001Jul 24, 2001Oct 16, 2001Feb 7, 2002Apr 16, 2002Jul 16, 2002Oct 22, 2002Feb 5, 2003Apr 22, 2003Jul 21, 2003Oct 22, 2003Feb 10, 2004Apr 21, 2004Jul 22, 2004Oct 21, 2004Feb 14, 2005Apr 20, 2005Jul 21, 2005Oct 19, 2005Feb 8, 2006Apr 20, 2006Jul 21, 2006Oct 19, 2006Feb 7, 2007Apr 19, 2007Jul 19, 2007Oct 18, 2007Feb 6, 2008Apr 17, 2008Jul 16, 2008Oct 15, 2008Feb 17, 2009Apr 22, 2009Jul 22, 2009Oct 21, 2009Feb 9, 2010Apr 21, 2010Jul 21, 2010Oct 20, 2010Feb 8, 2011Apr 20, 2011Jul 20, 2011Oct 19, 2011Feb 7, 2012Apr 18, 2012Jul 18, 2012Oct 17, 2012Feb 5, 2013Apr 17, 2013Jul 17, 2013Oct 16, 2013Feb 4, 2014Apr 16, 2014Jul 16, 2014Oct 15, 2014Feb 11, 2015Apr 22, 2015Jul 22, 2015Oct 21, 2015Feb 10, 2016Apr 21, 2016Jul 21, 2016Oct 19, 2016Feb 8, 2017Apr 19, 2017Jul 24, 2017Oct 23, 2017Feb 8, 2018Apr 20, 2018Jul 23, 2018Oct 22, 2018Feb 25, 2019Apr 22, 2019Jul 24, 2019Oct 23, 2019Feb 19, 2020Apr 22, 2020Jul 22, 2020Oct 19, 2020Mar 1, 2021Apr 28, 2021Jul 29, 2021Oct 25, 2021Feb 28, 2022Apr 28, 2022Jul 28, 2022Oct 24, 2022Feb 23, 2023May 8, 2023Aug 8, 2023Oct 31, 2023Feb 22, 2024Apr 29, 2024Jul 25, 2024Oct 29, 2024Feb 20, 2025May 7, 2025Jul 24, 2025Oct 28, 2025Feb 19, 2026May 6, 2026Jul 30, 2026Oct 27, 2026
EPS Estimate------0.270.210.200.160.300.340.250.270.410.410.350.380.500.480.380.380.470.420.390.380.590.400.320.340.340.380.260.280.450.390.280.330.470.480.320.420.650.500.350.530.810.630.550.610.710.710.450.480.630.700.240.210.400.21-0.32-0.080.260.24-0.100.100.480.25-0.050.100.410.40-0.170.550.43-0.020.250.590.460.100.360.710.670.220.500.880.900.170.650.770.850.220.430.800.420.030.340.870.960.010.421.061.06-0.05-0.310.460.600.090.220.430.410.230.340.650.48-0.030.210.630.830.180.610.980.740.340.861.070.910.291.041.40
EPS Actual0.180.150.250.290.210.130.210.140.240.210.270.350.300.320.430.430.360.380.500.480.390.370.470.410.410.390.570.400.310.330.480.400.270.340.460.480.270.350.590.530.380.440.650.510.470.630.750.700.570.560.720.750.430.510.750.900.210.360.460.45-0.200.030.470.26-0.060.150.350.39-0.020.110.550.410.010.170.550.400.030.280.610.500.120.390.810.650.210.530.930.910.310.680.800.820.260.420.820.470.100.440.900.970.020.381.081.120.210.200.710.660.360.400.430.430.330.520.710.630.130.550.930.980.370.791.030.870.441.111.100.830.341.27-
Surprise-------22.22%-33.33%20.00%31.25%-10.00%2.94%20.00%18.52%4.88%4.88%2.86%0.00%0.00%0.00%2.63%-2.63%0.00%-2.38%5.13%2.63%-3.39%0.00%-3.13%-2.94%41.18%5.26%3.85%21.43%2.22%23.08%-3.57%6.06%25.53%10.42%18.75%4.76%0.00%2.00%34.29%18.87%-7.41%11.11%3.64%-8.20%1.41%5.63%-4.44%6.25%19.05%28.57%-12.50%71.43%15.00%114.29%37.50%137.50%80.77%8.33%40.00%50.00%-27.08%56.00%60.00%10.00%34.15%2.50%-0.00%0.00%-6.98%250.00%12.00%3.39%8.70%20.00%8.33%14.08%-2.99%-4.55%6.00%5.68%1.11%82.35%4.62%3.90%-3.53%18.18%-2.33%2.50%11.90%233.33%29.41%3.45%1.04%100.00%-9.52%1.89%5.66%520.00%164.52%54.35%10.00%300.00%81.82%0.00%4.88%43.48%52.94%9.23%31.25%533.33%161.90%47.62%18.07%105.56%29.51%5.10%17.97%29.41%29.07%2.80%-8.29%17.24%22.12%-
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Key Statistics & Ratios

Market Cap3.41B
Enterprise Value4.94B
Trailing P/E0.00
Forward P/E10.02
PEG Ratio0.50
Price / Sales0.78
Price / Book1.91
EPS-0.03
Book Value25.01
Revenue (TTM)4.39B
Gross Profit (TTM)1.84B
EBITDA448.60M
Profit Margin0.10%
Operating Margin8.16%
Return on Equity0.33%
Return on Assets5.16%
Shares Outstanding72.18M
Shares Float70.99M
Beta0.91
Dividend Yield3.00%
Dividend Rate1.40
Payout Ratio38.98%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 69.75
  • Strong Buy
    2

Ownership Breakdown

Institutions
89.98%
Insiders
2.10%
Retail / Other
7.92%

Top Institutional Holders

  • BlackRock Inc
    10.34M14.33%
  • FMR Inc
    7.84M10.86%
  • Vanguard Portfolio Management, LLC
    4.54M6.29%
  • Vanguard Capital Management, LLC
    3.03M4.20%
  • State Farm Mutual Automobile Ins Co
    2.92M4.05%
  • State Street Corp
    2.68M3.72%
  • Dimensional Fund Advisors, Inc.
    2.55M3.53%
  • Northern Trust Corp
    2.28M3.16%
  • Geode Capital Management, LLC
    1.74M2.40%
  • Fifth Third Bancorp
    1.58M2.19%
  • Bank of New York Mellon Corp
    1.20M1.66%
  • Charles Schwab Investment Management Inc
    1.13M1.57%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    4.26M5.90%
  • Fidelity Low-Priced Stock
    2.48M3.44%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.30M3.18%
  • Fidelity Value
    1.94M2.69%
  • iShares Russell 2000 ETF
    1.86M2.57%
  • Vanguard Small Cap Index
    1.66M2.30%
  • State Farm Growth
    1.24M1.71%
  • Vanguard MStar Small Cap Value Index
    1.05M1.46%

Dividends

20263×
0.35Aug 28, 20260.35May 29, 20260.34Mar 2, 2026
20254×
0.34Nov 17, 20250.34Aug 22, 20250.34May 23, 20250.33Feb 24, 2025
20244×
0.33Nov 18, 20240.33Aug 23, 20240.33May 23, 20240.32Feb 23, 2024
20234×
0.32Nov 17, 20230.32Aug 24, 20230.32Jun 8, 20230.32Feb 24, 2023
20224×
0.32Nov 18, 20220.32Aug 25, 20220.32May 26, 20220.31Feb 25, 2022
20214×
0.31Nov 19, 20210.31Aug 19, 20210.31May 20, 20210.30Feb 26, 2021
20201×
0.30Nov 13, 2020

Stock Splits

  • Mar 30, 19982:1
  • Jul 3, 19902:1
  • Jun 29, 19872:1