MillerKnoll, Inc. (MLKN) vs Whirlpool Corporation (WHR)

MillerKnoll, Inc. and Whirlpool Corporation are both Furnishings Fixtures & Appliances companies. Whirlpool Corporation is the larger, with a market value of $2.2B against $1.4B — 1.6× the size. Whirlpool Corporation trades at the lower P/E: 10.8× against 14.0×. MillerKnoll, Inc. grew revenue faster over the last twelve months: 1.20% against −3.88%. MillerKnoll, Inc. has the higher net margin (2.57% vs 1.15%) and the higher return on invested capital (4.96% vs 4.04%). Both pay a dividend; Whirlpool Corporation yields more (6.35% vs 2.75%). Across the 23 metrics below, MillerKnoll, Inc. leads on 13 and Whirlpool Corporation on 10.

Valuation

Metric MLKN WHR Furnishings Fixtures & Appliances median
P/E 14.04 10.79 14.03
P/S 0.36 0.14 0.52
P/B 1.04 0.53 1.06
Price to free cash flow 12.33 9.33 9.86
EV/EBITDA 7.19 6.95 7.67
EV/Sales 0.66 0.53 0.67
Earnings yield 7.12% 9.27% 3.50%
Free cash flow yield 8.11% 10.72% 7.55%

Profitability

Metric MLKN WHR Furnishings Fixtures & Appliances median
Gross margin 39.53% 13.57% 37.53%
Operating margin 5.16% 4.22% 2.03%
Net margin 2.57% 1.15% 1.65%
Free cash flow margin 6.29% 1.48% 3.92%
Return on equity 0.00% 5.29% 5.51%
Return on assets 2.46% 1.01% 1.69%
Return on invested capital 4.96% 4.04% 3.55%

Growth

Metric MLKN WHR Furnishings Fixtures & Appliances median
Revenue growth (TTM) 1.20% (3.88%) 1.14%
EPS growth (last fiscal year) 344.44% 196.42% —
Revenue growth, 5-year CAGR 9.28% (4.41%) 0.64%
Net income growth, 5-year CAGR (12.12%) (21.62%) 0.00%

Health

Metric MLKN WHR Furnishings Fixtures & Appliances median
Debt to equity 0.96 1.80 0.17
Current ratio 1.65 1.15 1.97
Net debt to EBITDA 3.20 4.17 0.06

Dividend

Metric MLKN WHR Furnishings Fixtures & Appliances median
Dividend yield 2.75% 6.35% 2.20%
Payout ratio 1.74 1.04 0.09

Size

Metric MLKN WHR Furnishings Fixtures & Appliances median
Market cap 1.37b 2.16b 212.02m

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