HNI
HNI Corp
NYSE: HNI · CONSUMER CYCLICAL · FURNISHINGS, FIXTURES & APPLIANCES
$36.41
-3.91% today
Updated 2026-04-29
Market cap
$2.62B
P/E ratio
32.80
P/S ratio
0.92x
EPS (TTM)
$1.11
Dividend yield
3.56%
52W range
$31 – $52
Volume
0.8M
HNI Corp (HNI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.68B | $2.57B | $2.48B | $1.66B | $1.69B | $1.83B | $2.00B | $2.06B | $2.22B | $2.30B | $2.20B | $2.18B | $2.26B | $2.25B | $1.96B | $2.18B | $2.36B | $2.43B | $2.53B | $2.84B |
| Revenue growth (YoY) | — | -4.1% | -3.6% | -33.1% | +1.8% | +8.7% | +9.3% | +2.8% | +7.9% | +3.7% | -4.4% | -1.3% | +3.8% | -0.5% | -13.0% | +11.7% | +8.1% | +3.1% | +3.8% | +12.4% |
| Cost of revenue | $1.77B | $1.67B | $1.66B | $1.09B | $1.11B | $1.20B | $1.32B | $1.35B | $1.44B | $1.47B | $1.37B | $1.41B | $1.45B | $1.44B | $1.26B | $1.46B | $1.55B | $1.48B | $1.52B | $1.66B |
| Gross profit | $914.47M | $896.58M | $816.26M | $562.58M | $579.82M | $633.16M | $680.63M | $704.99M | $778.90M | $837.10M | $837.81M | $767.61M | $811.31M | $809.36M | $696.86M | $727.20M | $812.80M | $949.20M | $1.01B | $1.18B |
| Gross margin | 34.1% | 34.9% | 32.9% | 34.0% | 34.4% | 34.5% | 34.0% | 34.2% | 35.0% | 36.3% | 38.0% | 35.3% | 35.9% | 36.0% | 35.6% | 33.3% | 34.4% | 39.0% | 39.9% | 41.4% |
| R&D | $27.57M | $23.97M | $27.84M | $21.10M | $21.80M | $23.10M | $26.90M | $27.30M | $29.70M | $31.10M | $28.10M | $31.85M | $33.42M | $34.70M | $35.32M | $39.41M | $47.80M | $47.20M | $53.60M | — |
| SG&A | $39.98M | $35.63M | $40.17M | $46000.00 | $8.36M | $554.32M | $477.56M | $485.17M | $518.05M | $538.74M | $552.59M | $552.74M | $556.95M | $556.38M | $522.53M | $547.44M | $581.40M | $556.80M | $601.10M | $937.00M |
| Operating income | $209.25M | $203.45M | $110.74M | $48.43M | $70.35M | $83.64M | $90.11M | $106.08M | $140.53M | $178.63M | $197.30M | $112.16M | $143.90M | $153.71M | $100.59M | $91.72M | $120.30M | $177.20M | $216.80M | $239.10M |
| Operating margin | 7.8% | 7.9% | 4.5% | 2.9% | 4.2% | 4.6% | 4.5% | 5.1% | 6.3% | 7.8% | 9.0% | 5.2% | 6.4% | 6.8% | 5.1% | 4.2% | 5.1% | 7.3% | 8.6% | 8.4% |
| EBITDA | $277.06M | $263.06M | $156.21M | $77.57M | $114.92M | $127.50M | $131.83M | $153.23M | $169.99M | $221.63M | $201.95M | $149.53M | $202.50M | $230.16M | $138.78M | $167.60M | $239.50M | $185.20M | $313.80M | $233.50M |
| EBITDA margin | 10.3% | 10.2% | 6.3% | 4.7% | 6.8% | 7.0% | 6.6% | 7.4% | 7.6% | 9.6% | 9.2% | 6.9% | 9.0% | 10.2% | 7.1% | 7.7% | 10.1% | 7.6% | 12.4% | 8.2% |
| EBIT | $207.56M | $194.89M | $86.06M | $2.71M | $56.29M | $81.21M | $88.47M | $106.61M | $113.27M | $164.07M | $133.00M | $76.66M | $127.71M | $152.73M | $61.10M | $84.45M | $155.30M | $90.30M | $206.00M | $126.40M |
| Interest expense | $0.00 | $18.16M | $16.86M | $12.08M | $11.90M | $11.95M | $10.87M | $9.91M | $8.34M | $6.90M | $5.09M | $6.38M | $10.03M | $8.63M | $7.00M | $7.20M | $8.80M | $25.50M | $27.20M | $35.60M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $123.38M | $120.38M | $45.45M | $-6.44M | $26.94M | $45.99M | $48.97M | $63.68M | $61.47M | $105.44M | $85.58M | $89.80M | $93.38M | $110.50M | $41.90M | $59.80M | $123.90M | $49.20M | $139.50M | $54.20M |
| Net income growth (YoY) | — | -2.4% | -62.2% | -114.2% | +518.2% | +70.7% | +6.5% | +30.1% | -3.5% | +71.5% | -18.8% | +4.9% | +4.0% | +18.3% | -62.1% | +42.7% | +107.2% | -60.3% | +183.5% | -61.1% |
| Profit margin | 4.6% | 4.7% | 1.8% | -0.4% | 1.6% | 2.5% | 2.4% | 3.1% | 2.8% | 4.6% | 3.9% | 4.1% | 4.1% | 4.9% | 2.1% | 2.7% | 5.2% | 2.0% | 5.5% | 1.9% |