Herman Miller

Herman Miller is a globally recognized provider of furnishings and related technologies and services. Headquartered in West Michigan, we have relied on innovative design for over 100 years to solve problems for people wherever they work, live, learn, and heal. Herman Miller’s designs are part of museum collections worldwide. Known and respected for our leadership in corporate social responsibility, Herman Miller has been included in the Dow Jones Sustainability World Index for the past 12 years, and we have earned the Human Rights Campaign Foundation’s top rating in its Corporate Equality Index for the past nine years. You can make a salary making furniture. Or you can make a difference. Or you can work at Herman Miller and make both. Visit hermanmiller.com/careers for more information and a list of our current opportunities.

Company Growth (employees)
Type
Public
HQ
Zeeland, US
Founded
1905
Size (employees)
7,607 (est)
Herman Miller was founded in 1905 and is headquartered in Zeeland, US

Herman Miller Office Locations

Herman Miller has an office in Zeeland
Zeeland, US (HQ)
855 E Main Ave

Herman Miller Financials and Metrics

Herman Miller Financials

Herman Miller's revenue was reported to be $2.3 b in FY, 2017
USD

Revenue (FY, 2017)

2.3 b

Revenue growth (FY, 2016 - FY, 2017), %

1%

Market capitalization (13-Nov-2017)

2 b

Cash (03-Apr-2017)

78.4 m

EV

2.1 b
Herman Miller's current market capitalization is $2 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.9 b2.1 b2.3 b2.3 b

Revenue growth, %

14%6%1%

Net Income

(22.1 m)98.1 m137.5 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q3, 2017

Revenue

509.7 m565.4 m516.4 m565.4 m580.4 m536.5 m598.6 m577.5 m580.3 m524.9 m

Cost of goods sold

324.1 m359.7 m325.9 m348.6 m356 m328.7 m368.6 m359.5 m363.4 m329.4 m

Gross profit

185.6 m205.7 m190.5 m216.8 m224.4 m207.8 m230 m218 m216.9 m195.5 m

Gross profit Margin, %

36%36%37%38%39%39%38%38%37%37%
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q3, 2017

Cash

66.7 m64.7 m61.8 m52 m54.7 m55.3 m65.1 m71.9 m80 m78.4 m

Accounts Receivable

190.9 m

Inventories

133.8 m126.3 m128.5 m136.9 m131.7 m135.3 m146.2 m150.3 m166.9 m155.7 m

Current Assets

465.2 m461.3 m459.5 m471.5 m455.1 m435.4 m450.9 m470.3 m498.7 m466 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q3, 2017

Net Income

25.2 m27.8 m21.2 m
USDY, 2017

Revenue/Employee

299.5 k

Financial Leverage

2.2 x
Show all financial metrics

Herman Miller Operating Metrics

Herman Miller's Backlog was reported to be $322.6 m in FY, 2017
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Nov, 2016Q2, 2017Q3, 2017FY, 2017

Backlog

$322.2 m$320.1 m$341.1 m$313.3 m$323.5 m$320.5 m$318.9 m$331.6 m$322.6 m

Dealers

600600

Countries

109109

Retail Galleries

3031
Show all operating metrics

Herman Miller Market Value History

Herman Miller Revenue Breakdown

Herman Miller's Web-traffic and Trends

Herman Miller Online and Social Media Presence

Herman Miller News and Updates

Herman Miller unveils a cloud-connected desk because that's the world we live in

Have you ever wished your office desk was, like, smart? Well then the good folks at Herman Miller have you covered.  Barreling toward an inevitable future teeming with cloud-connected furniture, the renowned designer of the Aeron chair has developed an internet-of-things product that aims to trans…

Herman Miller Company Life and Culture

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