HNINYSEOffice Furniture (No Wood)Fiscal year ends January 2

HNI CORP

Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 4, 2026

$46.08−0.78 (-1.66%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

41.4%+4.5 pts over 5 years

4.4%+1.3 pts over 5 years

1.9%−0.2 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+12.4%	+6.3%	+7.7%	+2.1%
Gross profit	+13.8%	+12.1%	+10.3%	+3.3%
Operating income	-39.0%	-6.7%	+15.5%	-2.6%
Net income	-61.1%	-24.1%	+5.3%	-6.4%
EPS, diluted	-61.5%	-27.7%	+2.5%	-7.1%
Free cash flow	+20.0%	+153.5%	+3.8%	+8.7%
Dividend per share	+3.1%	+2.1%	+2.0%	+2.6%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	17.5%	7.1%	4.1%
Return on assets	6.6%	2.9%	1.6%
Current ratio	0.93	1.13	1.24
Debt to equity	0.43	0.30	0.70
Net debt to EBITDA	0.88×	0.43×	4.65×
Interest coverage	26.3×	8.8×	–
Inventory turnover	11.2×	8.2×	5.0×
Capex to revenue	5.4%	2.1%	2.4%
Diluted shares	46M	43M	49M

Return on equity split into margin, efficiency and leverage

Net margin1.9%

Asset turnover0.84×

Equity multiplier2.53×

Return on equity, FY20254.1%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	1.9%	0.84×	2.53×	4.1%
FY2024	5.5%	1.33×	2.38×	17.4%
FY2023	2.0%	1.46×	2.43×	7.1%
FY2022	5.2%	1.62×	2.41×	20.5%
FY2021	2.7%	1.50×	2.47×	10.1%
FY2020	2.1%	1.36×	2.44×	7.1%
FY2019	4.9%	1.57×	2.49×	19.3%
FY2018	4.1%	1.62×	2.59×	17.3%
FY2017	4.1%	1.60×	2.68×	17.7%
FY2016	3.9%	1.70×	2.65×	17.5%