HNI Corporation

HNI Consumer Cyclical Furnishings Fixtures & Appliances

HNI Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 12.4% from fiscal 2024.

Revenue
+133.0%
EPS
+36.7%
Free cash flow
+44.1%
Total debt
+310.9%

Quarter to September 2026, against a year earlier

49.22 0.91 +1.88%
Market cap
$3.5B
P/E
109×
Fwd P/E
19.2×
Dividend yield
2.87%
F-score
5/9
Altman Z
1.30
Beneish M
−1.53
Dividend safety
45/100

HNI Corporation (HNI) Gross margin

Alert me on Gross margin

HNI Corporation's gross margin over the twelve months to 30 September 2026 was 41.3%, down 0.1 percentage points from fiscal 2025 (41.4%). Over the past ten years it has ranged from 34.7% (fiscal 2021) to 41.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Furnishings Fixtures & Appliances industry median of 37.6% and above the Consumer Cyclical sector median of 35.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 41.4% 0.53
FY2024 40.9% 1.94
FY2023 39.0% 3.61
FY2022 35.4% 0.68
FY2021 34.7% (2.21)
FY2020 36.9% (0.23)
FY2019 37.1% 0.13
FY2018 37.0% 0.95
FY2017 36.0% (1.87)
FY2016 37.9% 1.13

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 42.6% (1.36)
Jun 2026 44.0% 6.86
Mar 2026 37.1% (3.81)
Dec 2025 40.9% (1.22)
43 more quarters

Against its own ten years

Low 34.7% High 41.4%
Ten-year median 37.0%
Current reading's percentile 95

Gross margin against peers

Company Gross margin
LZB La-Z-Boy Incorporated compare 44.4%
SGI Somnigroup International Inc. compare 44.2%
HNI HNI Corporation 41.3%
TILE Interface, Inc. compare 40.5%
MLKN MillerKnoll, Inc. compare 39.5%
ALH Alliance Laundry Holdings Inc. compare 37.7%
MBC MasterBrand, Inc. compare 26.9%
MHK Mohawk Industries, Inc. compare 24.7%
WHR Whirlpool Corporation compare 13.1%
Furnishings Fixtures & Appliances industry median 37.6%
Consumer Cyclical sector median 35.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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