HNI Corporation
NYSE•HNI
CEO: Mr. Jeffrey D. Lorenger J.D.
Sector: Industrials
Industry: Business Equipment & Supplies
Listing Date: 1980-03-17
HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style brands. This segment sells its products through independent office products dealers, wholesalers, office product distributors, e-commerce focused resellers, and wholesalers, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled prefabricated fireplaces; and inserts, hearth stoves, facings, outdoor fire pits and fire tables, and accessories. This segment sells its products primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, Stellar, SimpliFire, The Outdoor GreatRoom Company, and Forge & Flame brand names through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
Contact Information
600 East Second Street, PO Box 1109, Muscatine, IA, 52761-0071, United States
563-272-7400
Market Cap
$1.76B
P/E (TTM)
31.3
19.3
Dividend Yield
3.7%
52W High
$53.29
52W Low
$33.72
52W Range
Rank24Top 10.8%
5.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$888.40M+0.00%
4-Quarter Trend
EPS
-$1.03+0.00%
4-Quarter Trend
FCF
$61.10M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Strong Net Sales Growth Net sales reached 2.8B USD, up 12.4% from 2.5B USD, driven by Steelcase acquisition and volume growth in both business segments.
Workplace Furnishings Segment Expansion Workplace Furnishings sales hit 2.2B USD, up 14.6%, bolstered by Steelcase acquisition and improved volume and price across most sales channels.
Residential Products Segment Growth Residential Building Products sales reached 0.7B USD, up 5.7%, with remodel and retrofit activity driving growth despite flat new construction market.
Strong Operating Cash Flow Operating cash flows reached 276.3M USD, up from 226.7M USD, supported by favorable tax impacts and effective working capital management during 2025.
Risk Factors
Steelcase Integration Challenges Integration of Steelcase assets may cause management distraction, unforeseen expenses, or failure to realize anticipated synergies, negatively impacting future financial performance.
Macroeconomic Headwinds Impact Inflation, rising interest rates, and labor shortages could reduce demand for products, increase costs, and negatively impact overall operating results in 2026.
Debt and Financing Risks Long-term debt of 1.3B USD and interest rate fluctuations may increase borrowing costs and limit future acquisition and development activities going forward.
Cybersecurity Threat Exposure Potential breaches of information technology systems could disrupt operations, damage reputation, and expose the company to substantial legal and financial liability risks.
Outlook
Steelcase Synergy Realization Integration efforts aim to increase earnings over next five years, with modest accretion expected in 2026 through elimination of redundant corporate costs.
Capital Expenditure Plan Planned capital expenditures for 2026 range from 140M USD to 150M USD to support manufacturing, continuous improvements, and digital technology capabilities.
Margin Expansion Focus Strategic focus remains on margin expansion through network optimization, Kimball International integration, and leveraging lean manufacturing principles across all global operations.
Peer Comparison
Revenue (TTM)
$6.90B
$4.48B
$3.73B
Gross Margin (Latest Quarter)
55.1%
40.9%
36.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ZIM | $3.12B | 6.5 | 12.1% | 52.1% |
| CMBT | $2.85B | 9.9 | 27.2% | 66.2% |
| SBLK | $2.61B | 30.7 | 3.5% | 28.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
14.0%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 23, 2026
EPS:$0.30
|Revenue:$1.39B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data