HNI · Hni Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.35B | $683.80M | $667.10M | $599.80M | - | $672.20M | $623.70M | $588.00M | - | $711.60M |
| Cost of Revenue | $847.60M | $395.70M | $380.90M | $361.40M | - | $393.40M | $362.40M | $355.10M | - | $426.30M |
| Gross Profit | $499.90M | $288.10M | $286.20M | $238.40M | - | $278.80M | $261.30M | $232.80M | - | $285.30M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $514.80M | $222.70M | $215.50M | $207.60M | - | $208.40M | $205.90M | $203.10M | - | $223.30M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $75.20M | $24.90M | $25.00M | $25.50M | - | $27.30M | $26.40M | $26.40M | - | $25.60M |
| Operating Income | ($36.40M) | $64.60M | $68.20M | $24.40M | - | $68.90M | $53.40M | $29.70M | - | $56.80M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($16.80M) | $16.20M | $13.80M | $5.00M | - | $14.30M | $10.00M | $4.30M | - | $9.60M |
| Net Income | ($38.80M) | $41.20M | $48.20M | $13.90M | - | $47.50M | $36.00M | $17.70M | - | $37.80M |
| EPS - Basic | ($0.55) | $0.90 | $1.04 | $0.30 | - | $1.00 | $0.76 | $0.38 | - | $0.81 |
| EPS - Diluted | ($0.55) | $0.88 | $1.02 | $0.29 | - | $0.98 | $0.75 | $0.37 | - | $0.80 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $71.40M | $20.70M | $32.00M | $21.10M | $22.50M | $34.30M | $28.20M | $27.00M | $28.90M | $24.40M |
| Accounts Receivable | - | - | - | - | - | - | - | - | $247.10M | - |
| Inventory | $490.50M | $194.50M | $216.50M | $205.00M | $194.30M | $210.30M | $222.80M | $212.10M | $196.60M | $228.90M |
| Accounts Payable | $380.40M | - | - | - | $190.40M | - | - | - | $193.70M | - |
| Current Assets | $1.30B | $542.90M | $597.60M | $529.30M | $524.50M | $561.70M | $568.10M | $527.20M | $535.90M | $572.40M |
| Total Assets | $4.77B | $1.84B | $1.91B | $1.86B | $1.88B | $1.91B | $1.94B | $1.91B | $1.93B | $2.02B |
| Current Liabilities | $936.10M | $409.00M | $410.70M | $443.70M | $477.50M | $514.30M | $474.20M | $407.70M | $463.70M | $502.30M |
| Long-term Debt | $1.43B | $324.20M | $444.40M | $354.70M | $294.30M | $294.50M | $411.70M | $460.20M | $428.30M | $493.20M |
| Total Liabilities | $3.00B | $1.01B | $1.10B | $1.05B | $1.03B | $1.07B | $1.15B | $1.14B | - | $1.28B |
| Stockholders' Equity | $1.77B | $835.90M | $811.00M | $803.60M | $840.10M | $846.60M | $787.80M | $771.50M | $761.40M | $740.80M |
| Retained Earnings | $590.40M | - | - | - | $599.60M | - | - | - | $523.60M | - |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($171.80M) | - | - | $12.60M | - | - | - | ($4.30M) | - | - |
| Investing Cash Flow | ($73.10M) | - | - | ($12.20M) | - | - | - | ($10.60M) | - | - |
| Financing Cash Flow | $107.30M | - | - | ($1.10M) | - | - | - | $12.90M | - | - |
| CapEx | $35.70M | $19.60M | $15.00M | $16.30M | - | $14.50M | $17.50M | $11.20M | - | $21.60M |
| Free Cash Flow | ($207.50M) | - | - | ($3.70M) | - | - | - | ($15.50M) | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.1% | 42.1% | 42.9% | 39.7% | - | 41.5% | 41.9% | 39.6% | - | 40.1% |
| Operating margin | -2.7% | 9.4% | 10.2% | 4.1% | - | 10.2% | 8.6% | 5.1% | - | 8.0% |
| EBITDA margin | 2.9% | 13.1% | 14.0% | 8.3% | - | 14.3% | 12.8% | 9.5% | - | 11.6% |
| Net margin | -2.9% | 6.0% | 7.2% | 2.3% | - | 7.1% | 5.8% | 3.0% | - | 5.3% |
| Free cash flow margin | -15.4% | - | - | -0.6% | - | - | - | -2.6% | - | - |
| FCF / Net income | 5.35 | - | - | -0.27 | - | - | - | -0.88 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 38.2% | 32.6% | 32.3% | 34.6% | - | 31.0% | 33.0% | 34.5% | - | 31.4% |
| Effective tax rate | - | 28.2% | 22.3% | 26.5% | - | 23.1% | 21.7% | 19.5% | - | 20.3% |
| Return on assets | -0.8% | 2.2% | 2.5% | 0.7% | - | 2.5% | 1.9% | 0.9% | - | 1.9% |
| Return on equity | -2.2% | 4.9% | 5.9% | 1.7% | - | 5.6% | 4.6% | 2.3% | - | 5.1% |
| Return on invested capital | -0.9% | 4.0% | 4.2% | 1.5% | - | 4.6% | 3.5% | 1.9% | - | 3.7% |
| Liquidity | ||||||||||
| Current ratio | 1.39 | 1.33 | 1.46 | 1.19 | 1.10 | 1.09 | 1.20 | 1.29 | 1.16 | 1.14 |
| Quick ratio | 0.86 | 0.85 | 0.93 | 0.73 | 0.69 | 0.68 | 0.73 | 0.77 | 0.73 | 0.68 |
| Cash ratio | 0.08 | 0.05 | 0.08 | 0.05 | 0.05 | 0.07 | 0.06 | 0.07 | 0.06 | 0.05 |
| Leverage | ||||||||||
| Debt / Equity | 0.80 | 0.39 | 0.55 | 0.44 | 0.35 | 0.35 | 0.52 | 0.60 | 0.56 | 0.67 |
| Debt / Assets | 0.30 | 0.18 | 0.23 | 0.19 | 0.16 | 0.15 | 0.21 | 0.24 | 0.22 | 0.24 |
| Debt / EBITDA | 36.77 | 3.62 | 4.77 | 7.11 | - | 3.06 | 5.16 | 8.20 | - | 5.99 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.69 | 2.20 | 2.36 | 2.31 | 2.23 | 2.26 | 2.46 | 2.48 | 2.53 | 2.72 |
| Liabilities / Assets | 0.63 | 0.55 | 0.58 | 0.57 | 0.55 | 0.56 | 0.59 | 0.60 | - | 0.63 |
| Efficiency | ||||||||||
| Asset turnover | 0.28 | 0.37 | 0.35 | 0.32 | - | 0.35 | 0.32 | 0.31 | - | 0.35 |
| Inventory turnover | 1.73 | 2.03 | 1.76 | 1.76 | - | 1.87 | 1.63 | 1.67 | - | 1.86 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 211d | 179d | 207d | 207d | - | 195d | 224d | 218d | - | 196d |
| Days payable outstanding | 164d | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | 52.4x | 48.6x | 154.0x | - | 53.6x | 60.0x | 122.0x | - | 43.3x |
| P / B | 1.3x | 2.6x | 2.9x | 2.7x | - | 3.0x | 2.8x | 2.8x | - | 2.2x |
| P / S | 1.7x | 3.1x | 3.5x | 3.6x | - | 3.8x | 3.5x | 3.7x | - | 2.3x |
| EV / EBITDA | 94.9x | 27.4x | 29.5x | 49.7x | - | 29.3x | 32.0x | 46.4x | - | 25.6x |
| Growth | ||||||||||
| Revenue growth (YoY) | 124.7% | 1.7% | 7.0% | 2.0% | - | -5.5% | 10.7% | 22.7% | - | 18.8% |
| Revenue CAGR (3y) | 41.2% | 4.5% | 2.4% | 1.6% | - | 4.6% | 6.9% | 6.7% | - | 12.0% |
| Revenue CAGR (5y) | 22.7% | 6.2% | 9.8% | 5.1% | - | 1.5% | 2.8% | 3.1% | - | 3.1% |
| Gross profit growth (YoY) | 109.7% | 3.3% | 9.5% | 2.4% | - | -2.3% | 21.3% | 33.6% | - | 36.2% |
| Operating income growth (YoY) | - | -6.2% | 27.7% | -17.8% | - | 21.3% | - | 364.1% | - | -30.6% |
| Net income growth (YoY) | - | -13.3% | 33.9% | -21.5% | - | 25.7% | - | 1006.3% | - | -40.1% |
| EPS growth (YoY) | - | -10.2% | 36.0% | -21.6% | - | 22.5% | - | 825.0% | - | -47.0% |
| EPS CAGR (3y) | - | -16.5% | 12.3% | -4.2% | - | 31.6% | 24.4% | 2.9% | - | 4.1% |
| EPS CAGR (5y) | - | 4.4% | 28.6% | - | - | -1.7% | 15.8% | 79.2% | - | -2.1% |
| FCF growth (YoY) | -5508.1% | - | - | 76.1% | - | - | - | -474.1% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 120.7% | -1.3% | 2.9% | 4.2% | 10.3% | 14.3% | 10.2% | 25.9% | 23.5% | 22.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-03.
Business segments
$2.84B totalWorkplace Furnishings Americas$2.16B · 76.2%
Residential Building Products$674.90M · 23.8%
Product / service
$2.16B totalSystems Storage And Table$1.30B · 60.0%
Seating Products$650.60M · 30.1%
Other Products$215.10M · 9.9%
Peer comparison
Same SIC group: Office Furniture (No Wood)
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| NYSE: SCS | $3.17B | 3.8% | 12.7% |
Comparing HNI CORP against the 1 most active filer in the same SIC group.
Dividends
$1.37/share trailing 12 months · +3.0% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.3500 |
| Mar 2, 2026 | $0.3400 |
| Nov 17, 2025 | $0.3400 |
| Aug 22, 2025 | $0.3400 |
| May 23, 2025 | $0.3400 |
| Feb 24, 2025 | $0.3300 |
| Nov 18, 2024 | $0.3300 |
| Aug 23, 2024 | $0.3300 |
| May 23, 2024 | $0.3300 |
| Feb 23, 2024 | $0.3200 |
| Nov 17, 2023 | $0.3200 |
| Aug 24, 2023 | $0.3200 |
| Jun 8, 2023 | $0.3200 |
| Feb 24, 2023 | $0.3200 |
| Nov 18, 2022 | $0.3200 |
| Aug 25, 2022 | $0.3200 |
| May 26, 2022 | $0.3200 |
| Feb 25, 2022 | $0.3100 |
| Nov 19, 2021 | $0.3100 |
| Aug 19, 2021 | $0.3100 |
| May 20, 2021 | $0.3100 |
| Feb 26, 2021 | $0.3050 |
| Nov 13, 2020 | $0.3050 |
| Aug 13, 2020 | $0.3050 |