MillerKnoll
- Backlog$967.3 MQ2, 2022
- Revenue$3.9 BFY, 2022
- Market Capitalization$2.4 B2022-08-04
OverviewSuggest Edit
MillerKnoll (formerly known as Herman Miller) is a company that researches, designs, manufactures, sells, and distributes interior furnishings and provides related services. It offers furniture products and textiles, design furnishings and accessories for use in office, healthcare, educational, and residential settings. The company sells its products through independent contract office furniture dealers, owned retail studios, owned e-commerce platforms, and direct mail catalogs and customer sales, independent retailers, and an owned contract office furniture dealership. Its major brands include Herman Miller and Knoll, as well as Colebrook Bosson Saunders, DatesWeiser, Design Within Reach, Edelman Leather, Fully, Geiger, HAY, Holly Hunt, KnollTextiles, Maars Living Walls, etc.
| Type | Public | |
| Founded | 1905 | |
| HQ | Zeeland, MI, US | Map |
| Website | millerknoll.com | |
| Overall Culture | B | More |
Recent NewsAll News
- Southern California Furniture Distributor G|M Business Interiors Is Now A Certified MillerKnoll Dealer
- Knoll to Showcase Welcoming Spaces for Work Anywhere at MillerKnoll Design Days 2022
- MillerKnoll Introduces Design Days at Fulton Market
- MillerKnoll Schedules Fourth Quarter Fiscal 2022 Conference Call and Webcast
Key People/Management at MillerKnoll
Andrea Owen
Ben Watson
Ben Groom
Megan Lyon
Jeff Stutz
Chris Baldwin
MillerKnoll Office Locations
MillerKnoll Financials and Metrics
MillerKnoll Revenue
| USD | |
|---|---|
Revenue (FY, 2022) | 3.9b |
Gross profit (FY, 2022) | 1.4b |
Gross profit margin (FY, 2022), % | 34.3% |
Net income (FY, 2022) | (19.7m) |
EBIT (FY, 2022) | 39.8m |
Market capitalization (4-Aug-2022) | 2.4b |
Closing stock price (4-Aug-2022) | 31.2 |
Cash (28-May-2022) | 230.3m |
EV | 4.0b |
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 670.9m | 674.2m | 665.7m | 626.8m | 626.3m | 590.5m | 789.7m | 1.0b | 1.0b |
Cost of goods sold | 424.8m | 418.7m | 422.4m | 376.8m | 382.1m | 359.6m | 512.2m | 675.7m | 692.7m |
Gross profit | 246.1m | 255.5m | 243.3m | 250.0m | 244.2m | 230.9m | 277.5m | 350.6m | 336.8m |
Gross profit Margin, % | 37% | 38% | 37% | 40% | 39% | 39% | 35% | 34% |
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 159.5m | 177.0m | 110.6m | 296.6m | 377.9m | 397.4m | 235.1m | 227.3m | 245.9m |
Accounts Receivable | 218.3m | 208.9m | 221.7m | 195.3m | 193.0m | 190.7m | 283.3m | 319.3m | 313.8m |
Prepaid Expenses | 37.7m | 43.7m | 29.1m | 26.8m | 35.1m | 122.3m | 136.5m | 139.9m | |
Inventories | 181.2m | 184.4m | 200.5m | 186.5m | 191.0m | 201.0m | 446.2m | 482.9m |
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 48.0m | 126.6m | 163.9m | 73.4m | 126.2m | 169.5m | (59.9m) | (6.1m) | (46.6m) |
Depreciation and Amortization | 19.3m | 37.9m | 59.7m | 21.2m | 43.3m | 64.8m | 59.7m | 109.9m | 150.3m |
Cash From Operating Activities | 54.7m | 142.4m | 191.8m | 115.9m | 214.6m | 260.1m | (51.7m) | (57.6m) | (57.9m) |
Purchases of PP&E | (65.8m) |
| USD | FY, 2019 |
|---|---|
EV/EBIT | 10.9 x |
EV/CFO | 10.2 x |
EV/FCF | 16.9 x |
Revenue/Employee | 320.9k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.2 x |
P/E Ratio | 13.1 |
MillerKnoll Operating Metrics
| FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $394.2 m | $399.9 m | $400.6 m | $411.2 m | $470.8 m | $400 m | $403.4 m | $379 m | $446.9 m | $835.9 m | $967.3 m |
Order Volume | $2.61 b | $676.7 m | $674.9 m | $651.7 m | $556 m | $629.7 m | $566.1 m | $916.5 m | $1.16 b | ||
Studios | 36 | 35 | 35 | 35 | 39 | 41 | 45 | 60 | |||
Order Volume (North America) | $1.71 b | $468.2 m | $435.3 m | $405.9 m |
MillerKnoll Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Knoll | July 19, 2021 | $1.89 b |
| Maars Living Walls | June 06, 2018 | |
| Design Within Reach | July 17, 2014 | $154 m |
| Maharam Fabric Corporation | April 24, 2013 | $156 m |
| POSH Office Systems | April 03, 2012 | $50 m |
| Nemschoff | January 31, 2011 | $63 m |
| Colebrook Bosson Saunders | March 30, 2010 | |
| Colebrook Bosson & Saunders Products Limited | ||
| Colebrook Bosson Saunders, Pty. Ltd. | ||
| Design Within Reach, Inc. |
MillerKnoll Revenue Breakdown
MillerKnoll revenue breakdown by business segment: 48.4% from North America Contract, 27.1% from International Contract and 24.4% from Retail
MillerKnoll revenue breakdown by geographic segment: 70.1% from United States and 29.9% from International
MillerKnoll Cybersecurity Score
MillerKnoll Environment, Social & Governance (ESG) Ratings
MillerKnoll Online and Social Media Presence
410 Twitter followers
MillerKnoll has 410 Twitter Followers. The number of followers has increased 2.6% month over month and increased 22.4% quarter over quarter
MillerKnoll's Trends
Twitter Engagement Stats for @millerknoll
29
Tweets
6
Following
410
Followers
8
Tweets last 30 days
3.8
Avg. likes per Tweet
100%
Tweets with engagement
MillerKnoll Company Culture
Overall Culture
B
72/100
CEO Rating
B+
74/100
Compensation
B+
76/100
Diversity
A
81/100
MillerKnoll News and Updates
Southern California Furniture Distributor G|M Business Interiors Is Now A Certified MillerKnoll Dealer
Knoll to Showcase Welcoming Spaces for Work Anywhere at MillerKnoll Design Days 2022
MillerKnoll Introduces Design Days at Fulton Market
MillerKnoll Schedules Fourth Quarter Fiscal 2022 Conference Call and Webcast
World Office Furniture Industry Analysis 2022, Featuring Key Players Ahrend, Herman Miller, Itoki, Okamura, Steelcase, Teknion and Vitra
Worldwide Children's Furniture Market Outlook to 2030: Leading Players Include Cello Group, Keter Group, Herman Miller and IKEA
MillerKnoll Blogs
Maharam Introduces Method
Maharam at 2022 Chicago Design Days
NaughtOne Continues Push Toward Product Circularity
MillerKnoll Frequently Asked Questions
When was MillerKnoll founded?
MillerKnoll was founded in 1905.
Who are MillerKnoll key executives?
MillerKnoll's key executives are Andrea Owen, Ben Watson and Ben Groom.
How many employees does MillerKnoll have?
MillerKnoll has 7,600 employees.
What is MillerKnoll revenue?
Latest MillerKnoll annual revenue is $3.9 b.
What is MillerKnoll revenue per employee?
Latest MillerKnoll revenue per employee is $519.2 k.
Who are MillerKnoll competitors?
Competitors of MillerKnoll include Steelcase, Knoll and Kimball International.
Where is MillerKnoll headquarters?
MillerKnoll headquarters is located at 855 E Main Ave, Zeeland.
Where are MillerKnoll offices?
MillerKnoll has an office in Zeeland.
How many offices does MillerKnoll have?
MillerKnoll has 1 office.
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