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) Operating margin

Alert me on Operating margin

HNI Corporation's operating margin over the twelve months to 30 September 2026 was 3.04%, down 1.4 percentage points from fiscal 2025 (4.44%). Over the past ten years it has ranged from 3.15% (fiscal 2020) to 8.17% (fiscal 2024); the current reading is higher than 45% of that period. That is in line with the Furnishings Fixtures & Appliances industry median of 2.99% and below the Consumer Cyclical sector median of 3.97%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 4.44% (3.73)
FY2024 8.17% 4.46
FY2023 3.71% (2.86)
FY2022 6.57% 2.66
FY2021 3.91% 0.76
FY2020 3.15% (3.59)
FY2019 6.74% 1.06
FY2018 5.68% 2.16
FY2017 3.52% (2.55)
FY2016 6.07% (1.03)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 8.58% 2.32
Jun 2026 6.26% 8.96
Mar 2026 −2.70% 0.81
Dec 2025 −3.51% (12.96)
43 more quarters

Against its own ten years

Low 3.15% High 8.17%
Ten-year median 5.68%
Current reading's percentile 7

Operating margin against peers

Company Operating margin
ALH Alliance Laundry Holdings Inc. compare 19.1%
TILE Interface, Inc. compare 13.6%
SGI Somnigroup International Inc. compare 12.5%
MHK Mohawk Industries, Inc. compare 5.55%
MLKN MillerKnoll, Inc. compare 5.16%
LZB La-Z-Boy Incorporated compare 4.98%
HNI HNI Corporation 3.04%
WHR Whirlpool Corporation compare 2.94%
MBC MasterBrand, Inc. compare −1.14%
Furnishings Fixtures & Appliances industry median 2.99%
Consumer Cyclical sector median 3.97%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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