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 |
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 |
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 |
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 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 has 410 Twitter Followers. The number of followers has increased 2.6% month over month and increased 22.4% quarter over quarter
29
Tweets
6
Following
410
Followers
8
Tweets last 30 days
3.8
Avg. likes per Tweet
100%
Tweets with engagement
B
72/100
B+
74/100
B+
76/100
A
81/100
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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