HNI CORP
Close on Oct 19, 2026
- Market cap
- $3.32B
- P/E (TTM)
- 418.9
- Dividend yield
- 2.93%
About HNI
Office Furniture (No Wood), SIC 2522
HNI Corporation manufactures and supplies workplace furnishings and residential building products. The workplace furnishings segment designs and sells panel-based and freestanding furniture systems, seating, benching, tables, architectural products, storage, ancillary items, and collaborative furniture. These products serve commercial enterprises, healthcare organizations, government entities, and educational institutions through independent dealers, company-owned dealers, office distributors, and direct channels. In its residential building products segment, the corporation produces and markets gas, wood, electric, and pellet fireplaces, inserts, stoves, facings, and outdoor fire features, distributing them to homebuilders and homeowners via distributors, independent dealers, and company-owned retail outlets.
The company operates offices, manufacturing facilities, distribution centers, and showrooms across North America, Europe, and Asia, with operations in countries including the United States, Mexico, the United Kingdom, France, Germany, Spain, the Czech Republic, China, India, and Malaysia. It maintains corporate headquarters in Muscatine, Iowa.
Summary of the business section of HNI's latest annual report, written by StockData.
Company profile
Company
- Legal name
- HNI CORP
- Founded
- 1944
- Headquarters
- Muscatine, IA
- Address
- 600 East Second Street - Po Box 1109 52761-7109
- Phone
- (563) 272-7400
- Website
- hnicorp.com
- Employees
- 19,500, Jan 3, 2026
- Industry
- Office Furniture (No Wood)
- Incorporated in
- Iowa
- Fiscal year ends
- January 2
- Auditor
- KPMG LLP, Chicago, IL
Stock & identifiers
- Ticker
- HNI
- Exchange
- NYSE
- Shares outstanding
- 72M, Jul 4, 2026
- Public float
- $1.65B, Jun 28, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Mar 30, 1998; 2-for-1, Jul 3, 1990; 2-for-1, Jun 29, 1987
- SEC CIK
- 48287
- CUSIP
- 404251100
- ISIN
- US4042511000
- LEI
- 549300SKRADLC4O5HV93
- EIN
- 42-0617510
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey D. Lorenger | President & CEO, Director | 469,226 |
| Irene Tasi | President, Steelcase | 12,409 |
| Jason Dean Hagedorn | Pres, Workplace Furnishings | 56,065 |
| Radhakrishna S. Rao | Chief Info and Digital Officer | 28,578 |
| Kourtney L. Smith | COO, Kimball International | 47,632 |
| Michael J. Roch | CCO, WP & Health, Kimball Intl | 25,429 |
| Gregory A. Meunier | Ex VP GL Ops, Kimball Intl | 25,542 |
| Jennifer Sue Petersen | VP, Member Relations | 17,191 |
| Vincent P. Berger | EVP & Chief Financial Officer | 119,728 |
| Brian Scott Smith | President, Hearth & Home Tech | 26,477 |
| Bishop Brandon Bullock III | COO, HNI Corporation | 50,773 |
| Steven M. Bradford | Sr. VP, Gen. Counsel & Sec. | 79,014 |
| Timothy C. E. Brown | Director | 6,963 |
| Linda K. Williams | Director | 19,563 |
| Larry B. Porcellato | Director | 46,419 |
| Mary A. Bell | Director | 84,142 |
| John R. Hartnett | Director | 46,070 |
| Mary K.W. Jones | Director | 44,058 |
| Patrick D. Hallinan | Director | 19,282 |
| David Martin Roberts | Director | 11,480 |
| Dhanusha Sivajee | Director | 28,620 |
| Miguel M. Calado | Director | 30,106 |
| Cheryl A. Francis | Director | 85,891 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Lorenger | $8.22M | $5.57M | $1.74M | $115 | $94 |
| FY2024 Mr.Lorenger | $7.06M | $11.76M | $1.64M | $167 | $85 |
| FY2023 Mr.Lorenger | $7.10M | $12.52M | $1.78M | $129 | $65 |
| FY2022 Mr.Lorenger | $5.68M | -$1.82M | $1.41M | $84 | $44 |
| FY2021 Mr.Lorenger | $9.13M | $12.67M | $2.35M | $120 | $78 |
| FY2020 Mr.Lorenger | $4.91M | $3.42M | $1.49M | $96 | $75 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of January 3, 2026, the Corporation employed approximately 19,500 persons, including approximately 1,000 temporary personnel.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 10, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 12, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jun 1, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 17, 2023 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Feb 27, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 16, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 1, 2009 | Delisting | Notice of delisting from exchange (Form 25) |
| Dec 1, 2009 | Deregistration | Termination of SEC registration (Form 15) |
| Nov 14, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 4, 2004 | Name change | Name changed from HON INDUSTRIES INC to HNI CORP |
| Jun 12, 1998 | Listing | Registration of securities on an exchange (Form 8-A) |