Pricing Log in Create free account
Friday 6 November 2026 Export MLKN’s income statement to Excel — free account

MillerKnoll, Inc.

MLKN Consumer Cyclical Furnishings Fixtures & Appliances

MillerKnoll, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $3.8 billion, up 4.68% from fiscal 2025.

Revenue
−3.38%
EPS
+31.0%
Free cash flow
+177.9%
Total debt
−3.36%

Quarter to August 2026, against a year earlier

21.90 0.87 −3.82%
Market cap
$1.5B
P/E
15.5×
Fwd P/E
12.8×
Dividend yield
3.42%
F-score
8/9
Altman Z
1.75
Beneish M
−2.60
Dividend safety
44/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 2.32%

Capital & Financial Ratios $m

Size
Market Cap 1,510.00
Revenue ttm 3,809.40
Net income ttm 102.20
Free cash flow ttm 115.70
Net debt Q 1,120.20
Valuation
P/E 15.53
Forward P/E 12.80
Price / sales 0.40
Forward P/S Powerpack
Price / FCF 13.68
Price / book 1.12
Financial health
Current ratio Q 1.65 (at or above 1.5: strong)
Debt / equity Q 0.96
Interest coverage Q 3.20
Growth
Revenue growth Q −3.38% (below 0%: shrinking)
Operating income growth Q −3.18% (below 0%: shrinking)
EPS, this year +8.47%
EPS, next year A +12.63%
Revenue, next year A +2.17%
EPS, past 5 yrs −14.68% (below 0%: weak)
EPS, next 5 yrs A +6.62%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.7×, against a ten-year median of 0.8×; over the ten years it ranged from 0.5× in 2023 to 1.5× in 2021.
P/E against its own 10 years 37.65%
10-year low 10-year high
P/S against its own 10 years 21.23%
10-year low 10-year high
P/B against its own 10 years 19.77%
10-year low 10-year high
EV/Sales against its own 10 years 24.72%
10-year low 10-year high
EV/FCF against its own 10 years 77.52%
10-year low 10-year high

Dividends

Yield
3.42%
Annual rate
0.75
Payout ratio
53.2%
Growth, 2017–25
+0.87%/yr
  1. 0.70 ’17
  2. 0.76 ’18 +8
  3. 0.82 ’19 +8
  4. 0.40 ’20 −51
  5. 0.75 ’21 +89
  6. 0.75 ’22 +0
  7. 0.94 ’23 +25
  8. 0.75 ’24 −20
  9. 0.75 ’25 +0
  10. 0.75 ’26e +0
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 230 194 168 179
Receivables 331 377 376 344
Inventory 429 448 488 515
Other 14 16 17 16
1,070 1,109 1,137 1,140
2024 2025 2026 Q'26
Payables 241 271 279 254
ST’ Debt 44 16 25 28
Other 100 103 90 95
698 704 721 692

Compound Annual Growth %

10y 5y 3y
Sales 5.43% 9.28% (2.04%)
Cash Flow (0.51%) (9.66%) 7.06%
Earnings (3.93%) (12.12%) 29.53%
Book Value 9.85% 9.30% (2.14%)

Earnings Trends EPS, adjusted, against the consensus

Q1 FY27 Estimate 0.35 Actual 0.53

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q2 FY26 0.42 0.43 Beat by 0.01
Q3 FY26 0.45 0.43 Miss by 0.02
Q4 FY26 0.52 0.55 Beat by 0.03
Q1 FY27 0.35 0.53 Beat by 0.18
Q2 FY27 0.45 — Reports 16 December 2026

EPS $

Aug Nov Feb May Year
’26 0.38 — — — —
’26 0.29 0.35 0.34 0.34 1.32
’25 (0.02) 0.49 (0.19) (0.84) (0.54)
’24 0.22 0.45 0.30 0.14 1.11
’23 0.34 0.21 0.01 0.00 0.55
’22 (0.93) (0.05) 0.16 0.28 (0.37)
’21 1.24 0.87 0.70 0.12 2.92
Fiscal quarters ending in the months shown.

Revenue $m

Aug Nov Feb May Year
’26 923 — — — —
’26 956 955 927 1,004 3,842
’25 862 970 876 962 3,670
’24 918 950 872 889 3,628
’23 1,079 1,067 985 957 4,087
’22 790 1,026 1,030 1,101 3,946
’21 627 626 591 622 2,465
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Aug Nov Feb May Year
’26 49 — — — —
’26 9 65 61 65 200
’25 21 55 62 71 209
’24 131 83 61 78 352
’23 (65) 60 76 93 163
’22 (52) (6) 0 46 (12)
’21 116 99 46 72 332
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Aug Nov Feb May Year
’26 17 — — — —
’26 (21) 34 39 26 78
’25 (1) 33 45 32 108
’24 111 63 45 56 274
’23 (82) 37 55 70 80
’22 (70) (34) (17) 17 (104)
’21 111 91 16 69 287
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to May

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Aug ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 2,278 2,381 2,567 2,487 2,465 3,946 4,087 3,628 3,670 3,842 3,809 +6.0% 3,925 4,088 — +3.2%
Gross margin, % 37.93 36.66 36.22 36.64 38.58 34.28 34.99 39.12 38.76 38.75 39.53 +0.8 pt
EBT 178 168 195 (13) 228 (9) 51 100 (22) 128 135 (3.6%)
EBT margin, % 7.80 7.06 7.60 (0.52) 9.26 (0.22) 1.26 2.75 (0.60) 3.34 3.54 (4.5) pt
Net income 124 129 161 (14) 180 (20) 46 85 (33) 96 102 (2.8%)
Per share, $
Per share, $ Revenue 38.05 39.90 43.50 42.20 41.83 53.94 54.15 49.51 53.20 55.89 54.98 +4.4%
Earnings 2.07 2.15 2.72 (0.15) 2.94 (0.37) 0.56 1.12 (0.54) 1.33 1.41 (4.8%)
Cash flow 3.38 2.79 3.67 3.76 5.64 (0.16) 2.16 4.81 3.03 2.91 3.46 (1.6%)
Capex (1.46) (1.15) (1.53) (1.17) (0.78) (1.26) (1.10) (1.07) (1.47) (1.78) (1.79) +2.2%
Free cash flow 1.92 1.64 2.14 2.60 4.86 (1.42) 1.06 3.74 1.57 1.13 1.67 (5.7%)
Book value 9.82 11.14 12.19 10.91 14.60 19.51 18.98 18.90 18.50 19.53 19.57 +7.9%
Shares, m 60 60 59 59 59 73 75 73 69 69 69 +1.5%
Valuation, ×
Valuation, × P/E 15.17 15.30 13.10 0.00 17.19 0.00 24.20 24.63 0.00 11.65 15.53 12.1
P/S 0.83 0.82 0.82 0.55 1.20 0.56 0.25 0.56 0.31 0.28 0.40 0.6
P/B 3.21 2.94 2.91 2.13 3.45 1.55 0.71 1.46 0.89 0.79 1.12 2.0
EV/Sales 0.89 0.87 0.86 0.60 1.15 0.86 0.54 0.86 0.62 0.57 0.69 0.8
EV/FCF 17.72 21.09 17.51 10.10 10.09 (31.19) 29.26 11.62 21.92 29.80 23.78 13.8
Cash, $m
Cash, $m Operating cash flow 202 167 216 222 332 (12) 163 352 209 200 240 (0.1%)
Capex (87) (68) (90) (69) (46) (92) (83) (78) (101) (122) (124) +3.8%
Free cash flow 115 98 126 153 287 (104) 80 274 108 78 116 (4.2%)
Balance, $m
Balance, $m Working capital 106 232 215 447 430 441 473 372 405 416 448 +16.4%
Net debt 95 67 117 130 (127) 1,178 1,175 1,105 1,133 1,118 1,120 +31.5%
Shareholders’ equity 588 665 719 643 861 1,427 1,433 1,385 1,276 1,343 1,356 +9.6%
Returns, %
Returns, % ROA 9.75 9.20 10.53 (0.48) 8.45 (0.82) 0.96 1.98 (0.92) 2.30 2.46 (7.5) pt
ROIC 17.49 15.29 15.21 (3.06) 19.81 0.95 2.93 4.20 1.31 5.04 4.96 (12.4) pt
ROE 22.28 20.46 23.19 (1.28) 23.23 (2.37) 2.94 5.84 (2.77) 6.99 7.37 (15.3) pt
People
People Employees 7,478 7,681 8,000 7,600 7,600 11,300 10,900 10,200 10,382 10,544 — +3.9%
Revenue/emp, $m 0.30 0.31 0.32 0.33 0.32 0.35 0.37 0.36 0.35 0.36 — +2.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to May 2026 · latest quarter Aug 2026 · fundamentals updated 30 Sep 2026

MillerKnoll, Inc. vs peers in Furnishings Fixtures & Appliances (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ALH Alliance Laundry Holdings Inc. $4.5B 24.0× 19.1× +6.61% (above 0%: growing) +92.52% (above 0%: growing) +2,126.43% (above 0%: growing) 39.83% 22.16% Compare
HNI HNI Corporation $3.5B 106× 19.2× +132.95% (above 0%: growing) +38.31% (above 0%: growing) +25.24% (above 0%: growing) 42.60% 8.58% Compare
TILE Interface, Inc. $2.2B 15.1× 15.3× +5.37% (above 0%: growing) +58.93% (above 0%: growing) +14.82% (above 0%: growing) 45.00% 18.93% Compare
WHR Whirlpool Corporation $2.1B — (loss-making) — (loss-making) −8.83% (below 0%: shrinking) n/m +267.31% (above 0%: growing) 12.86% 0.11% Compare
MLKN MillerKnoll, Inc. $1.5B 15.5× 12.8× −3.38% (below 0%: shrinking) +31.03% (above 0%: growing) +177.93% (above 0%: growing) 41.73% 5.61%
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 $1.3B 16.4× 15.2× −3.36% (below 0%: shrinking) n/m −100.71% (below 0%: shrinking) 43.87% (0.44%) Compare
ETD Ethan Allen Interiors Inc. $521.7M 13.4× 17.7× −8.48% (below 0%: shrinking) −4.17% (below 0%: shrinking) −14.27% (below 0%: shrinking) 63.11% 9.78% Compare
HBB Hamilton Beach Brands Holding Company $435.8M 7.3× — (loss-making) +5.64% (above 0%: growing) +116.67% (above 0%: growing) +122.80% (above 0%: growing) 27.48% 3.13% Compare
Median of peers $1.8B 15.7× 17.7× +5.51% +58.93% +54.16% 41.22% 5.86%

All 30 Furnishings Fixtures & Appliances stocks →

Pay and ownership Proxy statement filed 28 August 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 6.14m 6.25m 39.84
2025 6.43m 1.92m 39.87
2024 8.96m 11.25m 63.02
2023 5.84m (336.69k) 31.57
2022 4.98m (1.97m) 65.43

Ownership

Directors and executive officers, together 5.51%
BlackRock, Inc. 15.15%
Vanguard Portfolio Management LLC 7.51%
Dimensional Fund Advisors LP 5.20%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

MillerKnoll, Inc. (MLKN) Latest News

27 Oct

Impact 4 · · PR Newswire

21 Oct

Impact 4 · · PR Newswire
Impact 3 · · wwd.com

12 Oct

Impact 3 · · MarketBeat

30 Sep

Impact 3 · · StockStory

27 Sep

Impact 3 ·

25 Sep

Impact 3 · · Insider Monkey

23 Sep

Impact 3 · · StockStory

22 Sep

Impact 4 · · Moby transcript
Impact 3 ·
Impact 3 · · The Motley Fool transcript
Impact 3 · · wwd.com
Impact 3 · · MarketBeat
Impact 3 ·
Impact 3 · · StockStory

21 Sep

Impact 3 ·

20 Sep

Impact 3 · · StockStory

15 Sep

Impact 3 ·

30 Jun

Impact 3 · · businessofhome.com

28 Jun

Impact 4 ·

25 Jun

Impact 3 · · wwd.com
Impact 3 · · Moby transcript
Impact 3 · · Zacks
Impact 3 · · GuruFocus.com

24 Jun

Impact 3 · · Zacks
Impact 3 · · StockStory
Impact 3 · · PR Newswire

22 Jun

Impact 3 · · StockStory

17 Jun

Impact 3 ·

1 Jun

Impact 3 · · PR Newswire
stockrow.com/MLKN · Data as of Sep 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com