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HNI · NYSE · United States · Office Furniture (No Wood)
In shortHNI CORP is profitable, generates cash and carries moderate debt, with revenue growing (+12.4% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.4% | 31/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 1.9% | 28/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 4.1% | 20/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 2.4% | 16/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.24× | 37/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.70× | 72/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.62× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.57 | 12/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.3% | 49/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 3.85× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 4.3% | 95/100 |
| Operating margin volatility | 1.9% | 91/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 6.3% | 52/100 |
|---|---|---|
| EPS growth, 3-year average | -27.7% | 0/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY22 | FY23 | FY24 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,184 | 2,362 | 2,434 | 2,526 | 2,839 |
| Cost of revenue | 1,427 | 1,527 | 1,486 | 1,493 | 1,663 |
| Gross profit | 757 | 835 | 948 | 1,033 | 1,176 |
| Research & development | 39 | 48 | 47 | 54 | 57 |
| Selling, general & admin | 666 | 723 | 772 | 821 | 937 |
| Operating income | 85 | 155 | 90 | 207 | 126 |
| Interest expense | 7.2 | – | – | – | – |
| Pre-tax income | 78 | 146 | 65 | 179 | 91 |
| Income tax | 19 | 23 | 16 | 40 | 37 |
| Net income | 60 | 124 | 49 | 140 | 54 |
| Diluted EPS | $1.36 | $2.94 | $1.09 | $2.88 | $1.11 |
| Diluted shares (millions) | 44 | 42 | 45 | 49 | 49 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of HNI CORP are included in the Investor plan. Try free for 7 days →
1.57 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 4, 2026 · Data updated Aug 4, 2026