Saturday 17 October 2026 Export HNI’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 120.7%, EPS fell 32.7%, free cash flow grew 688.3% and total debt rose 210.8%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years, revenue growth for five.

46.86 0.19 −0.40%

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Market cap: $3.4B
P/E: 426×
Fwd P/E: 9.9×
Dividend yield: 2.94%
F-score: 5/9
Altman Z: 1.30
Beneish M: −1.53
Dividend safety: 45/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 4.75

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	—	—	—	—	4	—	—

Insider Ownership 1.68%

Capital & Financial Ratios $m

Market Cap 3,400.00

Revenue 4,392.00

Net Income 4.30

Free Cash Flow 114.30

Net Debt 1,307.60

Current Ratio 1.36

Debt/Equity 0.78

P/E ratio 426.00

Fwd P/E 9.85

P/S ratio 0.77

P/B ratio 1.87

Past 5Y EPS Growth 2.52%

This Y EPS Growth 22.62%

Next Y EPS Growth 12.61%

Next Y revenue growth 110.78%

Next 5Y EPS Growth 17.41%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 98.67%

10-year low 10-year high

P/S against its own 10 years 53.15%

10-year low 10-year high

P/B against its own 10 years 11.57%

10-year low 10-year high

EV/Sales against its own 10 years 86.99%

10-year low 10-year high

EV/FCF against its own 10 years 80.21%

10-year low 10-year high

Dividends

Payout Ratio 15.33

Annual Dividend Rate 1.38

Annual Dividend Yield 2.94%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.36	0.34 0.35 0.35
2025	1.35	0.33 0.34 0.34 0.34
2024	1.31	0.32 0.33 0.33 0.33
2023	1.28	0.32 0.32 0.32 0.32
2022	1.27	0.31 0.32 0.32 0.32
2021	1.24	0.31 0.31 0.31 0.31
2020	1.22	0.31 0.31 0.31 0.31
2019	1.21	0.30 0.31 0.31 0.31
2018	1.17	0.29 0.30 0.30 0.30
2017	1.13	0.28 0.29 0.29 0.29
2016	1.09	0.27 0.28 0.28 0.28

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	35	27	216	108
Receivables	244	246	570	629
Inventory	197	194	475	499
Other	—	—	—	—
	536	522	1,412	1,411

	2023	2024	2025	Q'26
Payables	419	391	1,016	915
ST’ Debt	15	53	54	51
Other	—	—	—	—
	464	478	1,139	1,036

Compound Annual Growth %

	10y	5y	3y
Sales	2.11%	7.74%	6.33%
Cash Flow	4.77%	5.19%	50.41%
Earnings	(6.44%)	5.28%	(24.09%)
Book Value	14.42%	25.45%	43.84%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,348	1,472	—	—	—
’25	600	667	684	888	2,839
’24	588	624	672	643	2,526
’23	479	564	712	680	2,434
’22	572	622	599	569	2,362
’21	484	511	587	603	2,184
’20	469	417	507	562	1,955

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(172)	140	—	—	—
’25	13	31	155	77	276
’24	(4)	51	129	51	227
’23	17	23	123	105	268
’22	(39)	14	59	47	81
’21	2	36	51	43	132
’20	(33)	61	116	71	215

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(206)	128	—	—	—
’25	0	16	136	57	209
’24	(15)	34	114	41	174
’23	(3)	2	101	89	188
’22	(57)	(1)	44	28	13
’21	(17)	22	36	24	65
’20	(46)	54	104	61	173

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.55)	0.70	—	—	—
’25	0.29	1.02	0.88	(0.94)	1.11
’24	0.37	0.75	0.98	0.79	2.88
’23	0.04	(0.30)	0.80	0.48	1.09
’22	0.33	0.72	1.51	0.39	2.94
’21	0.34	0.39	0.43	0.19	1.36
’20	(0.56)	0.29	0.71	0.52	0.98

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	29.84	31.16	32.55	29.90	16.61	32.22	26.51	24.61	39.95	38.04	Analyst estimates 2026–2028 Powerpack
	High	56.96	56.94	45.40	42.23	42.90	46.93	44.50	43.22	58.42	53.29
People
People	Employees	9,400	9,600	8,900	8,500	7,700	8,100	7,300	8,200	7,700	19,500
	Revenue/emp, $m	0.23	0.23	0.25	0.26	0.25	0.27	0.32	0.30	0.33	0.15
Income, $m
Income, $m	Revenue	2,203	2,176	2,258	2,247	1,955	2,184	2,362	2,434	2,526	2,839
	Gross margin, %	37.90	36.03	36.98	37.11	36.88	34.67	35.35	38.96	40.90	41.43
	EBT	129	71	119	143	54	78	146	65	179	91
	EBT margin, %	5.85	3.25	5.26	6.35	2.78	3.58	6.20	2.66	7.10	3.20
	Net income	86	90	93	111	42	60	124	49	140	54
	Depreciation	69	73	87	77	78	83	84	95	108	107
Per share, $
Per share, $	Revenue	49.61	49.63	51.74	52.13	45.79	50.33	56.64	54.70	53.30	59.27
	Earnings	1.93	2.05	2.14	2.56	0.98	1.38	2.97	1.11	2.95	1.13
	Cash flow	5.03	3.04	4.27	5.09	5.02	3.03	1.95	6.01	4.78	5.77
	Capex	(2.67)	(2.70)	(0.91)	(1.55)	(0.98)	(1.53)	(1.64)	(1.78)	(1.12)	(1.42)
	Free cash flow	2.36	0.34	3.36	3.54	4.04	1.50	0.31	4.23	3.67	4.35
	Book value	11.28	11.74	12.91	13.56	13.83	13.59	14.79	17.12	17.73	38.32
	Shares, m	44	44	44	43	43	43	42	45	47	48
Valuation, ×
Valuation, ×	P/E	28.50	19.07	16.56	14.58	35.16	30.47	9.71	39.94	17.07	32.34
	P/S	1.11	0.79	0.68	0.72	0.75	0.84	0.51	0.76	0.95	0.71
	P/B	4.88	3.33	2.75	2.76	2.49	3.09	1.96	2.43	2.84	1.10
	EV/Sales	1.19	0.90	0.76	0.77	0.79	0.90	0.59	0.93	1.08	1.10
	EV/FCF	25.02	133.26	11.76	11.41	8.90	30.16	108.38	12.02	15.63	15.04
Cash, $m
Cash, $m	Operating cash flow	223	133	186	219	215	132	81	268	227	276
	Capex	(119)	(118)	(40)	(67)	(42)	(67)	(68)	(79)	(53)	(68)
	Free cash flow	105	15	147	152	173	65	13	188	174	209
Balance, $m
Balance, $m	Working capital	(30)	(1)	98	50	57	17	74	72	45	273
	Total debt	218	280	255	179	183	189	200	451	356	1,339
	Net debt	180	254	177	126	65	135	181	417	329	1,123
	Shareholders’ equity	501	515	563	584	591	590	617	762	840	1,836
Returns, %
Returns, %	ROA	6.60	6.60	6.69	7.74	2.92	4.10	8.51	2.94	7.33	1.60
	ROIC	12.27	6.23	10.83	13.32	5.86	7.37	12.17	4.79	11.03	2.66
	ROE	17.49	17.68	17.33	19.26	7.13	10.13	20.54	7.14	17.41	4.05

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SGI Somnigroup International Inc.	$14.9B	24.9×	22.2×	−3.05% (below 0%: shrinking)	+12.77% (above 0%: growing)	+21.55% (above 0%: growing)	44.81%	11.06%	Compare
MHK Mohawk Industries, Inc.	$7.5B	15.9×	12.0×	+6.76% (above 0%: growing)	+37.45% (above 0%: growing)	+80.97% (above 0%: growing)	26.58%	8.48%	Compare
ALH Alliance Laundry Holdings Inc.	$4.2B	22.8×	22.4×	+6.61% (above 0%: growing)	+92.52% (above 0%: growing)	+2,126.43% (above 0%: growing)	39.83%	22.16%	Compare
HNI HNI Corporation	$3.4B	426×	9.9×	+120.72% (above 0%: growing)	−32.69% (below 0%: shrinking)	+688.27% (above 0%: growing)	43.96%	6.26%
TILE Interface, Inc.	$2.1B	14.4×	13.8×	+5.37% (above 0%: growing)	+58.93% (above 0%: growing)	+14.82% (above 0%: growing)	45.00%	18.93%	Compare
WHR Whirlpool Corporation	$1.8B	9.5×	21.5×	−6.79% (below 0%: shrinking)	−1.71% (below 0%: shrinking)	+69.84% (above 0%: growing)	12.57%	4.63%	Compare
MLKN MillerKnoll, Inc.	$1.5B	14.9×	8.3×	−3.38% (below 0%: shrinking)	+31.03% (above 0%: growing)	+177.93% (above 0%: growing)	41.73%	5.61%	Compare
MBC MasterBrand, Inc.	$1.4B	— (loss-making)	—	+11.53% (above 0%: growing)	n/m	+83.07% (above 0%: growing)	25.21%	(3.41%)	Compare
LZB La-Z-Boy Incorporated	$1.2B	15.1×	12.3×	−3.36% (below 0%: shrinking)	n/m	−100.71% (below 0%: shrinking)	43.87%	(0.44%)	Compare
Median of peers	$2.0B	15.1×	13.8×	+1.16%	+34.24%	+75.41%	40.78%	7.05%

All 31 Furnishings Fixtures & Appliances stocks →

HNI Corporation (HNI) key facts

Strength: HNI Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 12.4% from fiscal 2024.
HNI Corporation (HNI) is a Furnishings Fixtures & Appliances company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, HNI traded at $46.86, a market capitalization of $3.4 billion.
HNI Corporation pays an annual dividend of $1.38 per share, a yield of 2.94%.
Return on equity was 4.05% and debt-to-equity 0.78.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.30 (distress zone) for fiscal 2025.