HNI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03

Price $46.82

Market Cap $3.34B

P/E (TTM) 1170.5

EPS (TTM) $0.04

Revenue (TTM) $4.46B

Div Yield 1.9%

ROE (TTM) 0.50%

Debt/Equity (MRQ) 0.8

52W Range $29–$53

HNI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04

range

bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

Stock splits 3

Ex-date	Split	Type
March 30, 1998	2-for-1	Forward
July 3, 1990	2-for-1	Forward
June 29, 1987	2-for-1	Forward

About HNI Corporation Common Stock Company overview from Wikipedia

05 · wikidata

HNI Corporation is one of the largest office furniture manufacturers in the world in regard to revenues resulting from office segment sales. HNI is also the world's leading hearth products company, manufacturing and marketing gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories. The company was founded in 1944 by engineer C. Maxwell Stanley, advertising executive Clem Hanson, and industrial designer H. Wood Miller. Its headquarters are in Muscatine, Iowa, with operations located in Muscatine, in various other U.S. states, and in Asia.

HNI's office furniture brands include The HON Company, Allsteel, Gunlocke, Maxon, HBF, OFM, and Lamex. The corporation's hearth brands, manufactured by Hearth & Home Technologies and offered through multiple retail and new construction channels, include Heatilator, Heat & Glo, Harman, Quadra-Fire, Majestic, Monessen, Fireside Hearth & Home, and Vermont Castings.

HNI acquired Kimball International in March 2023.

HNI acquired Steelcase Inc. in August 2025 for $2.2 billion.

## Awards

America's Most Admired Companies, 2006 Fortune magazine

400 Best Big Companies in America, 1998-2006 Forbes magazine

50 Best Manufacturing Companies, 2002-2006 IndustryWeek

America's Top 100 Most Trustworthy Companies, 2016-2017 Forbes magazine

World's Best Companies for Leadership Development, 2014–2016, Chief Executive magazine

10-Year Performance Revenue, net income, margins and EPS trends

06

Revenue$2.84B

2016-12-31 → 2026-01-03

EPS$1.11

2016-12-31 → 2026-01-03

Free Cash Flow$208M

2016-12-31 → 2026-01-03

Net margin0.15%

2016-12-31 → 2026-01-03

Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric	HNI	5Y avg	Peer Median	Verdict
P/E (TTM)	1170.55Y avg ≈27.0	≈27.0	14.3	Overvalued
P/S	1.25Y avg ≈0.8	≈0.8	1.0	Fair value
P/B	1.85Y avg ≈2.4	≈2.4	0.9	Overvalued
EV / EBITDA	18.95Y avg ≈11.2	≈11.2	12.6	Overvalued
Price / FCF	16.05Y avg ≈31.7	≈31.7	·	·
Price / Cash Flow	12.15Y avg ≈11.4	≈11.4	7.7	Overvalued
EV / Revenue	1.65Y avg ≈1.0	≈1.0	·	·
EV / FCF	21.25Y avg ≈36.5	≈36.5	·	·
Price / Tangible Book	7.45Y avg ≈9.3	≈9.3	·	·
PEG Ratio	≈464.5	·	·	·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric	HNI	5Y avg	Peer Median	Verdict
Gross Margin (TTM)	41.2%5Y avg ≈38.3%	≈38.3%	40.0%	In line
Operating Margin (TTM)	2.1%5Y avg ≈5.4%	≈5.4%	12.1%	Weak
EBITDA Margin (TTM)	6.5%5Y avg ≈9.2%	≈9.2%	12.1%	Weak
Pretax Margin (TTM)	0.76%5Y avg ≈4.5%	≈4.5%	13.7%	Weak
Net Profit Margin (TTM)	0.15%5Y avg ≈3.5%	≈3.5%	10.4%	Weak
ROA (TTM)	0.19%5Y avg ≈4.9%	≈4.9%	2.1%	Weak
ROE (TTM)	0.50%5Y avg ≈11.9%	≈11.9%	5.2%	Below avg
ROIC	2.4%5Y avg ≈9.3%	≈9.3%	5.2%	Weak

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric	HNI	5Y avg	Peer Median	Verdict
Debt / Equity (MRQ)	0.85Y avg ≈0.5	≈0.5	0.4	High debt
Current Ratio (MRQ)	1.45Y avg ≈1.1	≈1.1	2.3	Low liquidity
Quick Ratio	0.25Y avg ≈0.4	≈0.4	1.0	Low liquidity
Long-Term Debt / Equity (MRQ)	0.85Y avg ≈0.4	≈0.4	0.4	High debt

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric	HNI	5Y avg	Peer Median	Verdict
Revenue YoY	12.4%5Y avg ≈7.8%	≈7.8%	·	·
Revenue CAGR 3Y	6.3%5Y avg ≈6.3%	≈6.3%	·	·
Revenue CAGR 5Y	7.7%	·	·	·
EPS YoY	-61.5%5Y avg ≈39.0%	≈39.0%	·	·
Net Income YoY	-61.2%5Y avg ≈42.4%	≈42.4%	·	·
EPS CAGR 3Y	-27.7%5Y avg ≈1.4%	≈1.4%	·	·
EPS CAGR 5Y	2.5%	·	·	·
Net Income CAGR 3Y	-24.1%5Y avg ≈4.7%	≈4.7%	·	·
Net Income CAGR 5Y	5.3%	·	·	·

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric	HNI	5Y avg	Peer Median	Verdict
EPS (Diluted)	$1.115Y avg ≈$1.88	≈$1.88	·	·
Revenue / Share	$58.065Y avg ≈$53.88	≈$53.88	·	·
Cash Flow / Share	$5.655Y avg ≈$4.23	≈$4.23	·	·
Cash / Share	$2.935Y avg ≈$1.13	≈$1.13	·	·

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric	HNI	5Y avg	Peer Median	Verdict
Asset Turnover	0.85Y avg ≈1.3	≈1.3	0.8	In line
Inventory Turnover	5.05Y avg ≈7.6	≈7.6	3.7	Top tier
Revenue / Employee	≈$153.5K	·	·	·

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13

Dividend Yield1.9%

Payout Ratio116.4%

Annualized Payout≈$1.40Paid quarterly

5Y Div CAGR≈2.2%Per share, split-adjusted

Growth Streak≈15Consecutive years of dividend growth

Ex-date	Amount	Currency	Yield
Aug 28, 2026	$0.35	USD	≈2.8%
May 29, 2026	$0.35	USD	≈4.4%
Mar 2, 2026	$0.34	USD	≈3.0%
Nov 17, 2025	$0.34	USD	≈3.5%
Aug 22, 2025	$0.34	USD	≈3.0%
May 23, 2025	$0.34	USD	≈2.9%
Feb 24, 2025	$0.33	USD	≈2.9%
Nov 18, 2024	$0.33	USD	≈2.4%
Aug 23, 2024	$0.33	USD	≈2.5%
May 23, 2024	$0.33	USD	≈2.9%
Feb 23, 2024	$0.32	USD	≈3.0%
Nov 17, 2023	$0.32	USD	≈3.3%
Aug 24, 2023	$0.32	USD	≈4.2%
Jun 8, 2023	$0.32	USD	≈4.8%
Feb 24, 2023	$0.32	USD	≈4.1%
Nov 18, 2022	$0.32	USD	≈4.3%
Aug 25, 2022	$0.32	USD	≈3.6%
May 26, 2022	$0.32	USD	≈3.3%
Feb 25, 2022	$0.31	USD	≈3.0%
Nov 19, 2021	$0.31	USD	≈3.0%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14

Avg Surprise 14.5%

Next Report Oct 26, 2026

Period	Report	EPS Actual	EPS Est	Surprise
June 30, 2026	Jul 22, 2026	$1.27	$1.05	21.2%
March 31, 2026		$0.34	$0.29	17.1%
Dec. 31, 2025		$0.83	$0.92	-9.7%
Sept. 30, 2025		$1.10	$1.08	2.0%
June 30, 2025		$1.11	$0.86	28.4%
March 31, 2025		$0.44	$0.34	28.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15

Income Statement 17

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$2.84B	$2.53B	$2.43B	$2.36B	$2.18B	$1.96B	$2.25B	$2.26B	$2.18B	$2.20B	$2.30B	$2.22B
Cost of Revenue	$1.66B	$1.49B	$1.49B	$1.53B	$1.43B	$1.23B	$1.41B	$1.42B	$1.39B	$1.37B	$1.46B	$1.44B
Gross Profit	$1.18B	$1.03B	$948M	$835M	$757M	$721M	$834M	$835M	$784M	$835M	$847M	$784M
R&D Expense	$57M	$54M	$47M	$48M	$39M	$35M	$35M	$33M	$32M	$28M	$31M	$30M
SG&A Expense	$937M	$821M	$772M	$723M	$666M	$621M	$680M	$691M	$672M	$668M	$672M	$649M
Operating Income	$126M	$206M	$90M	$155M	$85M	$61M	$151M	$128M	$77M	$134M	$164M	$113M
Interest Expense	·	·	·	·	$7M	$7M	$9M	$9M	$6M	$5M	$7M	$8M
Interest Income	·	·	·	·	·	·	·	$579.0K	$297.0K	$305.0K	$395.0K	$418.0K
Other Non-op	$400.0K	$0	$0	·	·	·	·	·	·	·	·	·
Pretax Income	$91M	$179M	$65M	$146M	$78M	$54M	$143M	$119M	$71M	$129M	$157M	$105M
Income Tax	$36M	$40M	$16M	$22M	$18M	$12M	$32M	$25M	$-19M	$43M	$52M	$44M
Net Income	$54M	$140M	$49M	$124M	$60M	$42M	$111M	$93M	$90M	$86M	$105M	$61M
EPS (Basic)	$1.13	$2.95	$1.11	$2.97	$1.38	$0.98	$2.56	$2.14	$2.05	$1.93	$2.38	$1.37
EPS (Diluted)	$1.11	$2.88	$1.09	$2.94	$1.36	$0.98	$2.54	$2.11	$2.00	$1.88	$2.32	$1.35
Shares (Basic)	47,900,000	47,400,000	44,500,000	41,700,000	43,400,000	42,700,000	43,101,000	43,639,000	43,839,000	44,413,941	44,285,000	44,759,716
Shares (Diluted)	48,900,000	48,500,000	45,400,000	42,200,000	44,000,000	43,000,000	43,495,000	44,328,000	44,840,000	45,502,219	45,440,653	45,578,872
EBITDA	$233M	$314M	$185M	$239M	$169M	$139M	$229M	$203M	$150M	$203M	$221M	$170M

Balance Sheet 27

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Equivalents	$209M	$20M	$29M	$17M	$52M	$116M	$52M	$77M	$23M	$36M	$29M	$34M
Short-term Investments	$6M	$6M	$6M	$2M	$1M	$2M	$1M	$1M	$2M	$2M	$4M	$3M
Receivables	·	·	$247M	$218M	$240M	$208M	$278M	$255M	$259M	$229M	$243M	$240M
Inventory	$475M	$194M	$197M	$180M	$182M	$138M	$163M	$157M	$156M	$118M	$125M	$122M
Prepaid Expense	$151M	$55M	$61M	$54M	$51M	$38M	$38M	$41M	$49M	$47M	$37M	$39M
Current Assets	$1.41B	$522M	$536M	$469M	$524M	$496M	$529M	$532M	$489M	$433M	$438M	$456M
PP&E (Net)	$1.14B	$530M	$555M	$352M	$367M	$366M	$382M	$385M	$390M	$356M	$341M	$311M
PP&E (Gross)	$1.82B	$1.18B	$1.19B	$943M	$949M	$920M	$927M	$913M	$931M	$891M	$874M	$846M
Accum. Depreciation	$678M	$649M	$638M	$590M	$582M	$554M	$546M	$528M	$541M	$534M	$533M	$535M
Goodwill	$958M	$442M	$441M	$306M	$297M	$292M	$271M	$271M	$280M	$291M	$278M	$279M
Intangibles	$426M	$133M	$162M	$118M	$148M	$140M	$146M	$164M	$182M	$183M	$153M	$141M
Other Non-current Assets	$348M	$63M	$58M	$53M	$43M	$21M	$21M	$20M	$21M	$29M	$207M	$193M
Total Assets	$4.88B	$1.88B	$1.93B	$1.41B	$1.50B	$1.42B	$1.45B	$1.40B	$1.39B	$1.33B	$1.26B	$1.24B
Accounts Payable	$1.02B	$391M	$419M	$368M	$474M	$414M	$453M	$429M	$450M	$425M	$424M	$454M
Current Liabilities	$1.14B	$478M	$464M	$395M	$506M	$439M	$479M	$434M	$490M	$463M	$436M	$457M
Capital Leases	$225M	$110M	$104M	$79M	$64M	$53M	$58M	·	·	·	·	$0
Deferred Tax	$181M	$72M	$85M	$61M	$75M	$75M	$87M	$82M	$77M	$111M	$89M	$89M
Other Non-current Liabilities	$220M	$73M	$78M	$66M	$81M	$81M	$68M	$73M	$70M	$75M	$77M	$80M
Total Liabilities	$3.05B	$1.03B	$1.17B	$798M	$908M	$827M	·	·	·	·	·	·
Long-term Debt	$1.29B	$345M	$436M	$190M	$178M	$175M	$175M	$250M	$277M	$214M	$190M	$198M
Total Debt	$1.29B	$345M	$436M	$190M	$178M	$175M	$175M	$250M	$277M	$214M	$190M	$198M
Common Stock	$71M	$47M	$47M	$41M	$43M	$43M	$43M	$44M	$43M	$44M	$44M	$44M
Retained Earnings	$590M	$600M	$524M	$534M	$515M	$518M	$530M	$505M	$467M	$462M	$434M	$375M
AOCI	$4M	$-8M	$-11M	$-8M	$-7M	$-9M	$-8M	$-4M	$-4M	$-5M	$-5M	$-5M
Stockholders' Equity	$1.84B	$840M	$761M	$616M	$590M	$590M	$584M	$563M	$514M	$501M	$477M	$415M
Liabilities + Equity	$4.88B	$1.88B	$1.93B	$1.41B	$1.50B	$1.42B	$1.45B	$1.40B	$1.39B	$1.33B	$1.26B	$1.24B
Shares Outstanding	71,300,000	47,200,000	46,900,000	41,400,000	42,600,000	42,919,000	42,595,000	43,582,000	43,354,000	44,079,000	44,158,000	44,166,000

Cash Flow 20

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
D&A	$107M	$108M	$95M	$84M	$83M	$78M	$77M	$75M	$73M	$69M	$58M	$57M
Stock-based Comp	$25M	$17M	$16M	$9M	$13M	$8M	$7M	$7M	$8M	$8M	$9M	$9M
Deferred Tax	$34M	$-13M	$-1M	$-16M	$-400.0K	$-12M	$6M	$4M	$-33M	$19M	$17M	$15M
Amort. of Intangibles	$12M	$10M	$8M	$6M	$6M	$5M	$6M	$7M	$7M	$7M	$8M	$7M
Restructuring	·	·	·	·	·	$0	$2M	$2M	$6M	$5M	$551.0K	$4M
Other Non-cash	$80M	$-44M	$184M	$-193M	$-83M	$123M	$15M	$-4M	$-34M	$59M	$1M	$41M
Operating Cash Flow	$276M	$227M	$268M	$81M	$132M	$214M	$219M	$186M	$133M	$223M	$173M	$168M
CapEx	$68M	$53M	$79M	$68M	$66M	$42M	$67M	$64M	$127M	$120M	$83M	$74M
Investing Cash Flow	$-444M	$-51M	$-445M	$-11M	$-111M	$-100M	$-63M	$-41M	$-118M	$-153M	$-113M	$-154M
Debt Issued	$1.30B	$328M	$684M	$414M	$5M	$83M	$141M	$323M	$339M	$612M	$448M	$283M
Net Debt Issued	$1.30B	$328M	$684M	$414M	$5M	$83M	$141M	$323M	$339M	$612M	$448M	$283M
Stock Issued	$4M	$51M	$2M	$5M	$31M	$8M	$30M	$20M	$14M	$22M	$12M	$18M
Stock Repurchased	$84M	$66M	$300.0K	$65M	$59M	$7M	$84M	$30M	$58M	$56M	$27M	$68M
Net Stock Activity	$-80M	$-15M	$2M	$-60M	$-28M	$1M	$-53M	$-11M	$-43M	$-34M	$-14M	$-49M
Dividends Paid	$63M	$64M	$58M	$53M	$54M	$52M	$52M	$51M	$50M	$48M	$46M	$44M
Financing Cash Flow	$363M	$-182M	$189M	$-105M	$-84M	$-50M	$-181M	$-92M	$-28M	$-63M	$-66M	$-44M
Net Change in Cash	$195M	$-6M	$12M	$-35M	$-64M	$64M	$-25M	$53M	$-13M	$8M	$-6M	$-31M
Taxes Paid	$24M	$46M	$25M	·	·	·	·	·	·	·	·	·
Free Cash Flow	$208M	$174M	$188M	$13M	$65M	$173M	$152M	$123M	$24M	$130M	$91M	$93M
Levered FCF	·	·	·	·	$60M	$167M	$146M	$115M	$16M	$127M	$86M	$89M

Profitability 8

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Gross Margin	41.4%	40.9%	39.0%	35.4%	34.7%	36.9%	37.1%	37.0%	36.0%	37.9%	36.8%	35.3%
Operating Margin	4.4%	8.2%	3.7%	6.6%	3.9%	3.1%	6.7%	5.7%	3.5%	6.1%	7.1%	5.1%
Net Margin	1.9%	5.5%	2.0%	5.2%	2.7%	2.1%	4.9%	4.1%	4.1%	3.9%	4.6%	2.8%
Pretax Margin	3.2%	7.1%	2.7%	6.2%	3.6%	2.8%	6.3%	5.3%	3.2%	5.9%	6.8%	4.7%
EBITDA Margin	8.2%	12.4%	7.6%	10.1%	7.7%	7.1%	10.2%	9.0%	6.9%	9.2%	9.6%	7.6%
ROA	1.6%	7.3%	2.9%	8.5%	4.1%	2.9%	7.7%	6.7%	6.6%	6.6%	8.4%	5.2%
ROE	4.0%	17.4%	7.1%	20.5%	10.1%	7.1%	19.3%	17.3%	17.7%	17.5%	23.6%	14.4%
ROIC	2.4%	13.6%	5.7%	16.3%	8.5%	6.2%	15.4%	12.4%	12.3%	12.4%	16.4%	10.7%

Liquidity & Solvency 5

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Current Ratio	1.2	1.1	1.2	1.2	1.0	1.1	1.1	1.2	1.0	0.9	1.0	1.0
Quick Ratio	0.2	0.1	0.6	0.6	0.6	0.7	0.7	0.8	0.6	0.6	0.6	0.6
Debt / Equity	0.7	0.4	0.6	0.3	0.3	0.3	0.3	0.4	0.5	0.4	0.4	0.5
LT Debt / Equity	0.7	0.4	0.6	0.3	0.3	0.3	0.3	0.4	0.5	0.4	0.4	0.5
Interest Coverage	·	·	·	·	11.9	8.8	17.5	12.8	12.0	26.3	23.7	13.5

Efficiency 3

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Asset Turnover	0.8	1.3	1.5	1.6	1.5	1.4	1.6	1.6	1.6	1.7	1.8	1.9
Inventory Turnover	5.0	7.6	7.9	8.4	8.9	8.2	8.8	9.1	10.2	11.2	11.8	13.6
Receivables Turnover	·	·	10.5	10.3	9.8	8.0	8.5	8.8	8.9	9.3	9.5	9.5

Per Share 7

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Book Value / Share	$25.74	$17.80	$16.23	$14.89	$13.85	$13.76	$13.71	$12.92	$11.86	$11.36	$10.80	$9.39
Revenue / Share	$58.06	$52.09	$53.61	$55.97	$49.69	$45.52	$51.66	$50.94	$48.53	$48.43	$50.71	$48.77
Cash Flow / Share	$5.65	$4.67	$5.89	$1.92	$2.99	$4.99	$5.04	$4.21	$2.97	$4.91	$3.81	$3.68
Cash / Share	$2.93	$0.48	$0.62	$0.42	$1.23	$2.71	$1.22	$1.76	$0.54	$0.82	$0.65	$0.77
Dividend / Share	$1.35	$1.31	$1.28	$1.27	$1.24	$1.22	$1.21	$1.17	$1.13	$1.09	$1.04	$0.99
Dividend Paid / Share	·	·	$1.28	$1.27	$1.24	$1.22	$1.21	$1.17	$1.13	$1.09	$1.04	$0.99
EPS (TTM)	$1.11	$2.88	$1.09	$2.94	$1.36	$0.98	$2.54	$2.11	$2.00	$1.88	$2.32	$1.35

Growth Rates 10

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue YoY	12.4%	3.8%	3.1%	8.1%	11.7%	·	·	·	·	·	·	·
Revenue CAGR 3Y	6.3%	5.0%	7.6%	·	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	7.7%	·	·	·	·	·	·	·	·	·	·	·
EPS YoY	-61.5%	164.2%	-62.9%	116.2%	38.8%	·	·	·	·	·	·	·
EPS CAGR 3Y	-27.7%	28.4%	3.6%	·	·	·	·	·	·	·	·	·
EPS CAGR 5Y	2.5%	·	·	·	·	·	·	·	·	·	·	·
Net Income YoY	-61.2%	183.5%	-60.3%	107.2%	42.7%	·	·	·	·	·	·	·
Net Income CAGR 3Y	-24.1%	32.6%	5.5%	·	·	·	·	·	·	·	·	·
Net Income CAGR 5Y	5.3%	·	·	·	·	·	·	·	·	·	·	·
Dividends Paid CAGR 5Y	3.9%	·	·	·	·	·	·	·	·	·	·	·

Valuation (TTM) 17

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue TTM	$2.84B	$2.53B	$2.43B	$2.36B	$2.18B	$1.96B	$2.25B	$2.26B	$2.18B	$2.20B	$2.30B	$2.22B
Net Income TTM	$54M	$140M	$49M	$124M	$60M	$42M	$111M	$93M	$90M	$86M	$105M	$61M
Market Cap	$3.04B	$2.40B	$1.96B	$1.18B	$1.79B	$1.48B	$1.59B	$1.53B	$1.67B	$2.46B	$1.59B	$2.23B
Enterprise Value	$4.11B	$2.72B	$2.36B	$1.35B	$1.91B	$1.54B	$1.71B	$1.71B	$1.92B	$2.64B	$1.75B	$2.39B
P/E	38.4	17.7	38.4	9.7	30.9	35.2	14.7	16.7	19.3	29.7	15.5	37.4
P/S	1.1	1.0	0.8	0.5	0.8	0.8	0.7	0.7	0.8	1.1	0.7	1.0
P/B	1.7	2.9	2.6	1.9	3.0	2.5	2.7	2.7	3.3	4.9	3.3	5.4
P / Tangible Book	6.7	9.1	12.4	6.1	12.4	9.4	·	·	·	·	·	·
P / Cash Flow	11.0	10.6	7.3	14.5	13.6	6.9	7.3	8.2	12.6	11.0	9.2	13.3
P / FCF	14.6	13.8	10.4	92.0	27.5	8.6	10.4	12.5	69.9	19.0	17.5	23.9
EV / EBITDA	17.6	8.6	12.8	5.6	11.4	11.0	7.5	8.4	12.9	13.0	7.9	14.1
EV / FCF	19.7	15.6	12.5	105.3	29.4	8.9	11.2	13.9	80.5	20.3	19.3	25.6
EV / Revenue	1.4	1.1	1.0	0.6	0.9	0.8	0.8	0.8	0.9	1.2	0.8	1.1
Dividend Yield	2.1%	2.6%	3.0%	4.5%	3.0%	3.5%	3.3%	3.3%	3.0%	2.0%	2.9%	2.0%
Earnings Yield	2.6%	5.7%	2.6%	10.3%	3.2%	2.8%	6.8%	6.0%	5.2%	3.4%	6.4%	2.7%
Payout Ratio	116.4%	45.6%	118.9%	42.9%	89.9%	124.3%	47.3%	54.7%	55.2%	56.7%	43.9%	72.1%
Annual Payout	$63M	$64M	$58M	$53M	$54M	$52M	$52M	$51M	$50M	$48M	$46M	$44M

Income Statement 14

Metric	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
Revenue	$1.47B	$1.35B	$955M	$684M	$667M	$600M	$642M	$672M	$624M	$588M	$680M	$712M	$479M	$684M
Cost of Revenue	$825M	$848M	$552M	$396M	$381M	$361M	$382M	$393M	$362M	$355M	$407M	$426M	$305M	$446M
Gross Profit	$647M	$500M	$403M	$288M	$286M	$238M	$260M	$279M	$261M	$233M	$273M	$285M	$174M	$237M
SG&A Expense	$533M	$515M	$320M	$223M	$216M	$208M	$203M	$208M	$206M	$203M	$170M	$223M	$168M	$200M
Operating Income	$92M	$-36M	$-26M	$65M	$68M	$24M	$54M	$69M	$53M	$30M	$31M	$57M	$6M	$82M
Other Non-op	$3M	$2M	·	·	$0	$0	·	·	·	·	·	·	·	·
Pretax Income	$71M	$-56M	$-39M	$57M	$62M	$19M	$50M	$62M	$46M	$22M	$23M	$47M	$4M	$79M
Income Tax	$20M	$-17M	$8M	$16M	$14M	$5M	$11M	$14M	$10M	$4M	$0	$10M	$2M	$15M
Net Income	$51M	$-39M	$-47M	$41M	$48M	$14M	$38M	$48M	$36M	$18M	$23M	$38M	$2M	$64M
EPS (Basic)	$0.70	$-0.55	$-1.01	$0.90	$1.04	$0.30	$0.81	$1.00	$0.76	$0.38	$0.51	$0.81	$0.04	$1.56
EPS (Diluted)	$0.70	$-0.55	$-0.99	$0.88	$1.02	$0.29	$0.78	$0.98	$0.75	$0.37	$0.49	$0.80	$0.04	$1.55
Shares (Basic)	72,100,000	71,600,000	·	45,800,000	46,200,000	47,000,000	·	47,700,000	47,200,000	47,100,000	·	46,600,000	41,500,000	·
Shares (Diluted)	72,100,000	71,600,000	·	46,700,000	47,100,000	48,000,000	·	48,700,000	48,200,000	48,100,000	·	47,300,000	42,100,000	·
EBITDA	$158M	$39M	·	$90M	$93M	$50M	·	$96M	$80M	$56M	·	$82M	$26M	·

Balance Sheet 26

Metric	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
Cash & Equivalents	$105M	$71M	$209M	$21M	$32M	$21M	$20M	$34M	$28M	$27M	·	$24M	$17M	·
Short-term Investments	$3M	$7M	$6M	$7M	$6M	$6M	$6M	$6M	$5M	$6M	·	$6M	$2M	·
Inventory	$499M	$490M	$475M	$194M	$216M	$205M	$194M	$210M	$223M	$212M	·	$229M	$191M	·
Prepaid Expense	$174M	$177M	$151M	$65M	$52M	$49M	$55M	$52M	$55M	$54M	·	$54M	$50M	·
Current Assets	$1.41B	$1.30B	$1.41B	$543M	$598M	$529M	$522M	$562M	$568M	$527M	·	$572M	$447M	·
PP&E (Net)	$1.02B	$1.05B	$1.14B	$513M	$515M	$519M	$530M	$540M	$548M	$552M	·	$560M	$355M	·
PP&E (Gross)	$1.76B	$1.76B	$1.82B	$1.17B	$1.16B	$1.16B	$1.18B	$1.20B	$1.20B	$1.20B	·	$1.18B	$956M	·
Accum. Depreciation	$738M	$707M	$678M	$659M	$648M	$639M	$649M	$657M	$656M	$653M	·	$624M	$601M	·
Goodwill	$833M	$835M	$958M	$442M	$442M	$442M	$442M	$442M	$442M	$442M	$441M	$496M	$306M	$306M
Intangibles	$626M	$652M	$426M	$113M	$119M	$126M	$133M	$140M	$147M	$155M	·	$164M	$111M	·
Other Non-current Assets	$332M	$334M	$348M	$64M	$62M	$62M	$63M	$61M	$62M	$62M	·	$60M	$53M	·
Total Assets	$4.82B	$4.77B	$4.88B	$1.84B	$1.91B	$1.86B	$1.88B	$1.91B	$1.94B	$1.91B	$1.93B	$2.02B	$1.38B	$1.41B
Accounts Payable	$915M	$820M	$1.02B	$372M	$371M	$349M	$391M	$431M	$391M	$364M	·	$451M	$326M	·
Current Liabilities	$1.04B	$936M	$1.14B	$409M	$411M	$444M	$478M	$514M	$474M	$408M	·	$502M	$353M	·
Capital Leases	$191M	$207M	$225M	$93M	$98M	$104M	$110M	$98M	$102M	$104M	·	$109M	$76M	·
Deferred Tax	$230M	$226M	$181M	$98M	$65M	$70M	$72M	$73M	$78M	$83M	·	$82M	$60M	·
Other Non-current Liabilities	$191M	$196M	$220M	$75M	$75M	$74M	$73M	$79M	$80M	$79M	·	$81M	$68M	·
Total Liabilities	$3.01B	$3.00B	$3.05B	$1.01B	$1.10B	$1.05B	$1.03B	$1.07B	$1.15B	$1.14B	·	$1.28B	$770M	·
Long-term Debt	$1.38B	$1.45B	$1.29B	$324M	$444M	$405M	$345M	$345M	$462M	$473M	·	$509M	$208M	·
Total Debt	$1.38B	$1.45B	·	$324M	$444M	$405M	·	$345M	$462M	$473M	·	$509M	·	·
Common Stock	·	·	$71M	·	·	·	$47M	·	·	·	·	·	·	·
Retained Earnings	·	·	$590M	·	·	·	$600M	·	·	·	·	·	·	·
AOCI	·	·	$4M	·	·	·	$-8M	·	·	·	·	·	·	·
Stockholders' Equity	$1.81B	$1.77B	$1.84B	$836M	$811M	$804M	$840M	$847M	$788M	$772M	·	$741M	$613M	·
Liabilities + Equity	$4.82B	$4.77B	$4.88B	$1.84B	$1.91B	$1.86B	$1.88B	$1.91B	$1.94B	$1.91B	·	$2.02B	$1.38B	·
Shares Outstanding	·	·	71,300,000	·	·	·	47,200,000	·	·	·	·	·	·	·

Cash Flow 17

Metric	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
D&A	$66M	$75M	$27M	$25M	$25M	$26M	$28M	$27M	$26M	$26M	$27M	$26M	$20M	$21M
Stock-based Comp	$10M	$18M	$11M	$3M	$3M	$7M	$4M	$2M	$4M	$8M	$5M	$4M	$4M	$3M
Amort. of Intangibles	·	$26M	$4M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$2M	$2M	$1M
Restructuring	·	·	·	·	·	·	·	·	·	$100.0K	·	·	$0	·
Other Non-cash	·	$-226M	·	·	·	$-72M	·	·	·	$-104M	·	·	$-19M	·
Operating Cash Flow	$140M	$-172M	$101M	$155M	$31M	$13M	$51M	$128M	$51M	$-4M	$105M	$123M	$17M	$47M
CapEx	·	$36M	$25M	$20M	$15M	$16M	$10M	$14M	$18M	$11M	$16M	$22M	$20M	$16M
Investing Cash Flow	$-7M	$-73M	$-402M	$-20M	$-6M	$-12M	$-9M	$-15M	$-16M	$-11M	$-17M	$-17M	$-20M	$-24M
Debt Issued	$127M	$188M	$1.03B	$64M	$164M	$129M	$66M	$34M	$110M	$119M	$59M	$53M	$97M	$92M
Net Debt Issued	·	$188M	·	·	·	$29M	·	·	·	$119M	·	·	$97M	·
Stock Issued	$700.0K	$700.0K	$-42M	$2M	$1M	$800.0K	$6M	$44M	$600.0K	$600.0K	$500.0K	$600.0K	$600.0K	$700.0K
Stock Repurchased	$0	$0	$59M	$4M	$39M	$40M	$41M	$11M	$11M	$3M	$300.0K	$0	$0	$0
Net Stock Activity	·	$700.0K	·	·	·	$-40M	·	·	·	$-2M	·	·	$600.0K	·
Dividends Paid	$26M	$27M	$15M	$16M	$16M	$16M	$16M	$16M	$16M	$17M	$15M	$15M	$14M	$13M
Financing Cash Flow	$-101M	$107M	$492M	$-147M	$-15M	$-1M	$-54M	$-108M	$-34M	$13M	$-83M	$-105M	$2M	$-27M
Net Change in Cash	$32M	$-138M	$190M	$-11M	$11M	$-1M	$-12M	$6M	$1M	$-2M	$5M	$600.0K	$-600.0K	$-4M
Free Cash Flow	·	$-208M	·	·	·	$-4M	·	·	·	$-16M	·	·	$-3M	·

Profitability 8

Metric	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
Gross Margin	44.0%	37.1%	·	42.1%	42.9%	39.8%	·	41.5%	41.9%	39.6%	·	40.1%	36.4%	·
Operating Margin	6.3%	-2.7%	·	9.4%	10.2%	4.1%	·	10.2%	8.6%	5.1%	·	8.0%	1.3%	·
Net Margin	3.5%	-2.9%	·	6.0%	7.2%	2.3%	·	7.1%	5.8%	3.0%	·	5.3%	0.33%	·
Pretax Margin	4.8%	-4.1%	·	8.4%	9.3%	3.1%	·	9.2%	7.4%	3.7%	·	6.7%	0.79%	·
EBITDA Margin	10.8%	2.9%	·	13.1%	14.0%	8.3%	·	14.3%	12.8%	9.5%	·	11.6%	5.5%	·
ROA	1.5%	-1.2%	·	2.2%	2.5%	0.74%	·	2.4%	1.8%	1.1%	·	2.1%	·	·
ROE	3.9%	-3.0%	·	4.9%	6.0%	1.8%	·	6.0%	4.8%	2.6%	·	5.6%	·	·
ROIC	2.1%	-0.79%	·	4.0%	4.2%	1.5%	·	4.4%	3.3%	1.9%	·	3.6%	·	·

Liquidity & Solvency 4

Metric	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
Current Ratio	1.4	1.4	·	1.3	1.5	1.2	·	1.1	1.2	1.3	·	1.1	·	·
Quick Ratio	0.1	0.1	·	0.1	0.1	0.1	·	0.1	0.1	0.1	·	0.1	·	·
Debt / Equity	0.8	0.8	·	0.4	0.5	0.5	·	0.4	0.6	0.6	·	0.7	·	·
LT Debt / Equity	0.8	0.8	·	0.4	0.5	0.4	·	0.3	0.5	0.6	·	0.7	·	·

Efficiency 2

Metric	Trend	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
Asset Turnover		0.4	0.4	·	0.4	0.3	0.3	·	0.3	0.3	0.4	·	0.4	·	·
Inventory Turnover		2.3	2.4	·	2.0	1.7	1.7	·	1.8	1.6	1.8	·	1.9	·	·

Per Share 5

Metric	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
Revenue / Share	$20.42	$18.82	·	$14.64	$14.16	$12.50	·	$13.80	$12.94	$12.22	·	$15.04	$11.38	·
Cash Flow / Share	·	$-2.40	·	·	·	$0.26	·	·	·	$-0.09	·	·	$0.41	·
Dividend / Share	$0.35	$0.34	$0.37	$0.34	$0.34	$0.33	$0.33	$0.33	$0.33	$0.32	$0.32	$0.32	$0.32	$0.34
Dividend Paid / Share	·	·	·	·	·	·	·	·	$0.33	$0.32	·	$0.32	$0.32	·
EPS (TTM)	$0.04	$0.36	·	$2.97	$3.07	$2.80	·	$2.59	$2.41	$1.36	·	$2.09	$3.82	·

Valuation (TTM) 6

Metric	Q2 2027	Q1 2027	Q4 2025	Q3 2026	Q2 2026	Q1 2026	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q4 2022
Revenue TTM	$4.46B	$3.65B	·	$2.59B	$2.58B	$2.54B	·	$2.56B	$2.60B	$2.54B	·	$2.44B	$2.38B	·
Net Income TTM	$6M	$4M	·	$142M	$148M	$136M	·	$124M	$114M	$65M	·	$91M	$159M	·
P/E	1035.8	90.2	·	15.5	16.2	16.0	·	20.3	18.7	33.2	·	16.6	7.3	·
Earnings Yield	0.10%	1.1%	·	6.4%	6.2%	6.3%	·	4.9%	5.3%	3.0%	·	6.0%	13.7%	·
Payout Ratio	·	-68.6%	·	·	·	116.5%	·	·	·	93.8%	·	·	856.2%	·
Annual Payout	$83M	$73M	·	$63M	$63M	$63M	·	$63M	$62M	·	·	·	·	·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16

Metric	2026-01-03	2024-12-28	2023-12-30	2022-12-31	2022-01-01
Revenue	$2.84B	$2.53B	$2.43B	$2.36B	$2.18B
Gross Margin %	41.4%	40.9%	39.0%	35.4%	34.7%
Operating Margin %	4.4%	8.2%	3.7%	6.6%	3.9%
Net Income	$54M	$140M	$49M	$124M	$60M
Diluted EPS	$1.11	$2.88	$1.09	$2.94	$1.36

Metric	2026-01-03	2024-12-28	2023-12-30	2022-12-31	2022-01-01
Debt / Equity	0.7	0.4	0.6	0.3	0.3
Current Ratio	1.2	1.1	1.2	1.2	1.0
Quick Ratio	0.2	0.1	0.6	0.6	0.6

Metric	2026-01-03	2024-12-28	2023-12-30	2022-12-31	2022-01-01
Free Cash Flow	$208M	$174M	$188M	$13M	$65M

Institutional owners (13F) 287 filers · $2.8B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 287

Value held $2.8B

New positions 52

Exited positions 56

Institutional activity — Q2 2026 vs prior quarter

New positions	Exited positions	Increased	Decreased	Net shares change
52 (-2 vs prior Q)	56 (-5 vs prior Q)	88 (-14 vs prior Q)	87 (-5 vs prior Q)	+4.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution	Value	Shares	% of tracked 13F	Type
BlackRock, Inc.	$431,743,927	10,684,086	15.16%	Shares
FMR LLC	$429,746,592	10,634,660	15.09%	Shares
VANGUARD GROUP INC	$330,418,845	7,859,630	11.60%	Shares
VANGUARD PORTFOLIO MANAGEMENT LLC	$193,044,470	4,777,146	6.78%	Shares
VANGUARD CAPITAL MANAGEMENT LLC	$130,011,214	3,217,303	4.57%	Shares
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	$118,196,138	2,924,923	4.15%	Shares
STATE STREET CORP	$112,994,604	2,796,204	3.97%	Shares
DIMENSIONAL FUND ADVISORS LP	$102,966,509	2,548,082	3.62%	Shares
NORTHERN TRUST CORP	$94,893,065	2,348,257	3.33%	Shares
GEODE CAPITAL MANAGEMENT, LLC	$75,870,211	1,877,156	2.66%	Shares
FIFTH THIRD BANCORP	$60,600,459	1,499,640	2.13%	Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$42,371,259	1,048,534	1.49%	Shares
Bank of New York Mellon Corp	$37,987,527	940,053	1.33%	Shares
MORGAN STANLEY	$37,159,629	919,563	1.30%	Shares
AMERIPRISE FINANCIAL INC	$36,661,213	907,229	1.29%	Shares
Nuveen, LLC	$34,105,213	843,980	1.20%	Shares
COOKE & BIELER LP	$32,285,852	798,957	1.13%	Shares
ROYAL BANK OF CANADA	$26,841,000	664,212	0.94%	Shares
SYSTEMATIC FINANCIAL MANAGEMENT LP	$25,066,756	620,309	0.88%	Shares
Front Street Capital Management, Inc.	$23,462,450	580,610	0.82%	Shares
LONE PEAK GLOBAL INVESTORS LLC	$21,686,916	536,672	0.76%	Shares
VANGUARD FIDUCIARY TRUST CO	$18,867,793	466,909	0.66%	Shares
PRINCIPAL FINANCIAL GROUP INC	$16,952,600	419,515	0.60%	Shares
Pillsbury Lake Capital LLC	$16,681,571	412,808	0.59%	Shares
VICTORY CAPITAL MANAGEMENT INC	$16,639,140	411,758	0.58%	Shares
BANK OF AMERICA CORP /DE/	$15,723,820	389,107	0.55%	Shares
GOLDMAN SACHS GROUP INC	$15,235,909	377,033	0.54%	Shares
Invesco Ltd.	$14,503,876	358,918	0.51%	Shares
AMERICAN CENTURY COMPANIES INC	$12,652,735	313,109	0.44%	Shares
CITADEL ADVISORS LLC	$12,080,893	298,958	0.42%	Shares
BARCLAYS PLC	$11,802,225	292,062	0.41%	Shares
Balyasny Asset Management L.P.	$11,593,023	286,885	0.41%	Shares
Medina Value Partners, LLC	$10,242,319	253,460	0.36%	Shares
Public Sector Pension Investment Board	$9,694,763	239,910	0.34%	Shares
SG Capital Management LLC	$9,006,662	222,882	0.32%	Shares
CRAWFORD INVESTMENT COUNSEL INC	$8,980,444	222,233	0.32%	Shares
BRIGHTLIGHT CAPITAL MANAGEMENT LP	$8,778,231	262,900	0.31%	Shares
ProShare Advisors LLC	$8,549,302	211,564	0.30%	Shares
Douglas Lane & Associates, LLC	$8,358,445	206,841	0.29%	Shares
Conversant Capital LLC	$7,475,850	185,000	0.26%	Shares
RHUMBLINE ADVISERS	$7,146,125	176,841	0.25%	Shares
NORDEA INVESTMENT MANAGEMENT AB	$6,938,609	173,552	0.24%	Shares
Legal & General Group Plc	$6,406,762	158,544	0.22%	Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$5,815,570	174,171	0.20%	Shares
UBS Group AG	$5,786,915	143,205	0.20%	Shares
FRANKLIN RESOURCES INC	$5,518,186	136,555	0.19%	Shares
Swiss National Bank	$5,488,850	135,829	0.19%	Shares
PRELUDE CAPITAL MANAGEMENT, LLC	$4,818,610	119,243	0.17%	Shares
D. E. Shaw & Co., Inc.	$4,743,245	117,378	0.17%	Shares
WELLS FARGO & COMPANY/MN	$4,095,721	101,354	0.14%	Shares

Show all 287 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer	Filed	Stake	Status	Purpose	Filing
HNI Corporation ×2 filings	Dec. 11, 2025	100.00%	Amendment	M&A / sale	SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 66 insiders · 41 officers · 22 directors

19

Insider	Role	Last activity	Shares owned	Sells 12m	Net 12m
Jeffrey D Lorenger	President & CEO	Aug. 28, 2026 M	148,490	9	$-4,648,573
Vincent P Berger	EVP & Chief Financial Officer	Feb. 25, 2026 F	107,510	0	$0
Marshall H Bridges	SVP & Chief Financial Officer	July 26, 2024 M	78,425	0	$0
Irene Tasi	President, Steelcase	Sept. 14, 2026 A	12,409	0	$0
Brian Scott Smith	President, Hearth & Home Tech	Feb. 25, 2026 F	21,355	1	$-104,400
Kristin L Yates	President, Allsteel Inc.	Aug. 10, 2020 M	10,844	0	$0
Brandon T Sieben	President, Allsteel Inc.	Feb. 25, 2019 A	20,337	0	$0
Bishop Brandon Bullock III	COO, HNI Corporation	Feb. 25, 2026 F	44,099	0	$0
Kourtney L Smith	COO, Kimball International	Feb. 25, 2026 F	45,164	0	$0
Jennifer Sue Petersen	VP, Member Relations	Feb. 25, 2026 F	13,342	0	$0
Radhakrishna S Rao	Chief Info and Digital Officer	Feb. 25, 2026 F	26,039	0	$0
Michael J. Roch	CCO, WP & Health, Kimball Intl	Feb. 25, 2026 F	23,768	0	$0
Jason Dean Hagedorn	Pres, Workplace Furnishings	Feb. 25, 2026 F	49,135	0	$0
Gregory A Meunier	Ex VP GL Ops, Kimball Intl	Feb. 25, 2026 F	25,542	0	$0
Steven M Bradford	Sr. VP, Gen. Counsel & Sec.	Feb. 25, 2026 F	76,185	0	$0
Donna D Meade	VP, Member Relations	June 4, 2024 M	32,308	0	$0
Kurt A Tjaden	SVP HNI; President HNI Intl	Feb. 28, 2022 A	71,572	0	$0
Julie M Abramowski	VP, Corporate Controller	Feb. 13, 2019 A	·	0	$0
Jerald K Dittmer	Executive Vice President	Feb. 15, 2017 A	21,444	0	$0
Donald T Mead	Executive Vice President	Aug. 26, 2016 M	18,115	0	$0
Marco Molinari	Executive Vice President	May 23, 2016 M	34,942	0	$0
Bradley D Determan	Executive Vice President	April 26, 2016 M	29,602	0	$0
Gary L Carlson	VP, Member & Comm. Relations	Feb. 12, 2014 A	11,365	0	$0
Alan R. Moorhead	VP, Internal Audit	Feb. 23, 2012 M	2,190	0	$0
Tamara S Feldman	VP, Financial Reporting	Feb. 23, 2012 M	8,398	0	$0
Derek P. Schmidt	Treas. & VP, Corp. Finance	Feb. 15, 2012 A	1,000	0	$0
Kelly J Mcgriff	Treasurer and VP	Feb. 17, 2010 A	·	0	$0
Jean Reynolds	VP, Corp. Mktg. & e-Business	Feb. 17, 2010 A	5,486	0	$0
Robert Driessnack	VP, Controller	Feb. 15, 2008 F	2,428	0	$0
Robert D Hayes	VP, Bus. Analysis/Gen. Auditor	Feb. 15, 2008 F	6,702	0	$0
Eugene Sung	Executive Vice President	Feb. 13, 2008 A	·	0	$0
David C Burdakin	Former Executive VP	July 25, 2007 M	24,765	0	$0
Melinda C Ellsworth	Former VP, Treas & I.R.	June 8, 2007 A	925	0	$0
David W Gardner	VP, Lean Enterprise	Feb. 14, 2007 A	3,528	0	$0
Doug L Jones	VP, Chief Information Officer	Oct. 28, 2005 I	787	0	$0
Timothy R Summers	VP, Lean Enterprise	Feb. 25, 2005 F	653	0	$0
Malcolm C Fields	VP, Chief Information Officer	Feb. 25, 2005 F	5,118	0	$0
Russell S Minick	Pres., The Gunlocke Company	Feb. 16, 2005 A	·	0	$0
Thomas A Tolone	Pres., Paoli Inc.	Feb. 16, 2005 A	·	0	$0
Peter R Atherton	VP, Chief Technology Officer	March 1, 2004 A	4,755	0	$0
Jeffrey D Fick	VP, Member & Comm. Relations	Feb. 27, 2004 F	6,509	0	$0
Timothy C. E. Brown	Director	Aug. 18, 2026 A	6,963	0	$0
Linda K Williams	Director	May 19, 2026 A	19,563	0	$0
Dhanusha Sivajee	Director	May 19, 2026 A	28,620	0	$0
David Martin Roberts	Director	May 19, 2026 A	11,907	0	$0
Patrick D Hallinan	Director	May 19, 2026 A	19,282	0	$0
Mary K.W. Jones	Director	May 19, 2026 A	44,058	0	$0
John R. Hartnett	Director	May 19, 2026 A	46,070	0	$0
Larry B Porcellato	Director	May 19, 2026 A	46,419	0	$0
Mary H Bell	Director	May 19, 2026 A	84,142	0	$0
CALADO MIGUEL M	Director	July 24, 2025 S	30,085	0	$0
Cheryl A Francis	Director	May 13, 2025 A	85,891	0	$0
Abbie J Smith	Director	May 14, 2024 A	93,169	0	$0
Ronald V Waters	Director	April 6, 2022 S	21,563	0	$0
STERN BRIAN E	Director	Dec. 2, 2019 S	30,905	0	$0
Stanley A Askren	Director	Dec. 31, 2018 A	10,962	0	$0
James R Jenkins	Director	May 10, 2016 A	38,499	0	$0
Dennis J Martin	Director	March 7, 2016 A	31,094	0	$0
Gary M Christensen	Director	May 8, 2012 A	45,090	0	$0
John A Halbrook	Director	May 11, 2010 A	17,038	0	$0
Joseph E. Scalzo	Director	Nov. 19, 2009 A	19,339	0	$0
Robert L Katz	Director	May 4, 2004 A	12,518	0	$0
Eric K Jungbluth	·	Feb. 15, 2008 F	6,002	0	$0
Richard H Stanley	·	May 30, 2006 S	14,144	0	$0
Jack D Michaels	·	Sept. 1, 2005 A	121,644	0	$0
James I Johnson	·	May 17, 2005 S	5,047	0	$0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 58 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund	Weight	Units	As of	Source
XSHD · Invesco Exchange-Traded Fund Trust …	1.57%	21,161 SH	Oct. 2, 2026	Daily
PEY · Invesco Exchange-Traded Fund Trust	1.31%	302,225 SH	Oct. 2, 2026	Daily
PSCI · Invesco Exchange-Traded Fund Trust …	1.10%	63,076 SH	Oct. 2, 2026	Daily
ROSC · Lattice Strategies Trust	0.92%	12,531 NS	July 31, 2026	N-PORT
HAPS · Harbor ETF Trust	0.73%	27,632 NS	July 31, 2026	N-PORT
VIOV · VANGUARD ADMIRAL FUNDS	0.30%	148,181 SH	Aug. 19, 2026	Daily
FFSM · FIDELITY COVINGTON TRUST	0.29%	96,506 NS	July 31, 2026	N-PORT
RWJ · Invesco Exchange-Traded Fund Trust …	0.28%	118,039 SH	Oct. 2, 2026	Daily
JPSE · J.P. Morgan Exchange-Traded Fund Tr…	0.24%	30,936 NS	July 31, 2026	N-PORT
NUSC · Nushares ETF Trust	0.23%	65,497.17 NS	July 31, 2026	N-PORT
QVMS · Invesco Exchange-Traded Fund Trust …	0.21%	10,793 SH	Oct. 2, 2026	Daily
VTWV · VANGUARD SCOTTSDALE FUNDS	0.19%	63,276 SH	Aug. 19, 2026	Daily
PRFZ · Invesco Exchange-Traded Fund Trust	0.17%	96,815 SH	Oct. 2, 2026	Daily
VIOO · VANGUARD ADMIRAL FUNDS	0.15%	244,227 SH	Aug. 19, 2026	Daily
BKSE · BNY Mellon ETF Trust	0.14%	2,671 NS	July 31, 2026	N-PORT
ESML · iShares Trust	0.13%	77,880 SH	Sept. 11, 2026	Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr…	0.12%	18,525 NS	July 31, 2026	N-PORT
IWM · iShares Trust	0.11%	1,856,377 SH	Sept. 11, 2026	Daily
RSSL · Global X Funds	0.10%	34,649 NS	July 31, 2026	N-PORT
VFVA · VANGUARD WELLINGTON FUND	0.10%	20,752 SH	Aug. 19, 2026	Daily
VTWO · VANGUARD SCOTTSDALE FUNDS	0.09%	416,460 SH	Aug. 19, 2026	Daily
DFAT · Dimensional ETF Trust	0.09%	286,451 NS	July 31, 2026	N-PORT
FSMD · FIDELITY COVINGTON TRUST	0.09%	47,654 NS	July 31, 2026	N-PORT
FYX · First Trust Exchange-Traded AlphaDE…	0.07%	21,587 NS	July 31, 2026	N-PORT
VFQY · VANGUARD WELLINGTON FUND	0.07%	8,646 SH	Aug. 19, 2026	Daily
DFSV · Dimensional ETF Trust	0.06%	115,743 NS	July 31, 2026	N-PORT
VBR · VANGUARD INDEX FUNDS	0.06%	1,048,677 SH	Aug. 19, 2026	Daily
DFAS · Dimensional ETF Trust	0.06%	195,709 NS	July 31, 2026	N-PORT
FIDU · FIDELITY COVINGTON TRUST	0.04%	22,322 NS	July 31, 2026	N-PORT
VIS · VANGUARD WORLD FUND	0.04%	82,395 SH	Aug. 19, 2026	Daily
VXF · VANGUARD INDEX FUNDS	0.03%	801,456 SH	Aug. 19, 2026	Daily
VB · VANGUARD INDEX FUNDS	0.03%	1,651,823 SH	Aug. 19, 2026	Daily
WSML · iShares Trust	0.03%	4,240 SH	Sept. 11, 2026	Daily
DXUV · Dimensional ETF Trust	0.03%	3,536 NS	July 31, 2026	N-PORT
TILT · FlexShares Trust	0.02%	10,586 NS	July 31, 2026	N-PORT
DFAC · Dimensional ETF Trust	0.01%	141,245 NS	July 31, 2026	N-PORT
PFM · Invesco Exchange-Traded Fund Trust	0.01%	2,051 SH	Oct. 2, 2026	Daily
DFUV · Dimensional ETF Trust	0.01%	38,563 NS	July 31, 2026	N-PORT
DFSU · Dimensional ETF Trust	0.01%	5,154 NS	July 31, 2026	N-PORT
VIG · VANGUARD SPECIALIZED FUNDS	0.01%	394,525 SH	Aug. 19, 2026	Daily
VYM · VANGUARD WHITEHALL FUNDS	0.01%	277,443 SH	Aug. 19, 2026	Daily
DSI · iShares Trust	0.01%	10,113 SH	Sept. 11, 2026	Daily
DCOR · Dimensional ETF Trust	0.01%	6,163 NS	July 31, 2026	N-PORT
DFAU · Dimensional ETF Trust	0.01%	16,382 NS	July 31, 2026	N-PORT
ITOT · iShares Trust	0.00%	90,779 SH	Sept. 11, 2026	Daily
IWV · iShares Trust	0.00%	18,928 SH	Sept. 10, 2026	Daily
DFUS · Dimensional ETF Trust	0.00%	14,649 NS	July 31, 2026	N-PORT
VTI · VANGUARD INDEX FUNDS	0.00%	2,292,239 SH	Aug. 19, 2026	Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX…	0.00%	51,960 SH	Aug. 19, 2026	Daily
VTHR · VANGUARD SCOTTSDALE FUNDS	0.00%	6,102 SH	Aug. 19, 2026	Daily
ESGV · VANGUARD WORLD FUND	0.00%	16,042 SH	Aug. 19, 2026	Daily
IJR · iShares Trust	·	4,261,957 SH	Sept. 10, 2026	Daily
IJS · iShares Trust	·	623,010 SH	Sept. 8, 2026	Daily
IWN · iShares Trust	·	678,442 SH	Sept. 11, 2026	Daily
XJR · iShares Trust	·	9,632 SH	Aug. 31, 2026	Daily
ISCB · iShares Trust	·	3,025 SH	Sept. 11, 2026	Daily
ISCV · iShares Trust	·	14,977 SH	Sept. 11, 2026	Daily
SMLF · iShares Trust	·	21,049 SH	Sept. 11, 2026	Daily

HNI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21

rating · 6 analysts BUY

Median target $70.50 +50.6%

1 16.7% Strong Buy

4 66.7% Buy

1 16.7% Hold

0 0.0% Sell

0 0.0% Strong Sell

12-Month Price Target

4 analysts · 2026-09-28

Mean target $69.75 +49.0%

← Below all targets Current price $46.82

Low$65.00 Mean$69.75 High$73.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker	Market Cap	P/E	Rev YoY	Net Margin	ROE	Gross Margin
HNI	$3.04B	38.4	12.4%	1.9%	4.0%	41.4%
MSA	$6.23B	22.6	3.7%	14.9%	22.2%	46.5%
PBI	$1.59B	12.6	-6.6%	7.6%	-21.6%	·
TILE	$1.65B	14.5	5.4%	8.4%	19.1%	38.8%
MLKN	$1.10B	12.3	4.7%	2.4%	6.9%	38.8%
ACCO	$336M	8.5	-8.5%	2.7%	6.3%	32.8%
NL	$267M	-7.1	8.5%	-23.9%	-10.0%	30.4%
VIRC	$110M	43.7	-25.0%	1.3%	2.3%	40.7%

Latest News Recent headlines mentioning this company

23

Daily Dividend Report: RCKY,BDC,HNI,CVLG Nasdaq · 1 month, 2 weeks ago HNI Corp. Posts Loss In Q1 Nasdaq · 4 months, 3 weeks ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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HNI HNI Corporation Common Stock

HNI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

HNI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

About HNI Corporation Common Stock Company overview from Wikipedia

10-Year Performance Revenue, net income, margins and EPS trends

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Financial Health Debt, liquidity, solvency — balance sheet strength

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Institutional owners (13F) 287 filers · $2.8B total · As of Sept. 30, 2026

Activists & 5%+ owners 1 position

Company insiders 66 insiders · 41 officers · 22 directors

ETF ownership Held by 58 ETFs

HNI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

12-Month Price Target

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals