MillerKnoll

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.

TypePublic
Founded1905
HQZeeland, MI, US
Websitemillerknoll.com
Overall CultureB

Latest Updates

Employees (est.) (May 2021)7,600
Job Openings108
Revenue (FY, 2022)$3.9 B(+61%)
Share Price (Aug 2022)$31.2
Cybersecurity ratingBMore
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Key People/Management at MillerKnoll

Andrea Owen

Andrea Owen

President and CEO
Ben Watson

Ben Watson

Chief Product Officer
Ben Groom

Ben Groom

Chief Digital Officer
Megan Lyon

Megan Lyon

Chief Strategy Officer
Jeff Stutz

Jeff Stutz

Chief Financial Officer
Chris Baldwin

Chris Baldwin

Group President
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MillerKnoll Office Locations

MillerKnoll has an office in Zeeland
Zeeland, MI, US (HQ)
855 E Main Ave
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MillerKnoll Financials and Metrics

MillerKnoll Revenue

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MillerKnoll's revenue was reported to be $3.95 b in FY, 2022
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
MillerKnoll's current market capitalization is $2.4 b.
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Revenue

2.6b2.5b2.5b3.9b

Revenue growth, %

8%(3%)(1%)

Cost of goods sold

1.6b1.6b1.5b2.6b

Gross profit

929.9m910.7m949.2m1.4b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

670.9m674.2m665.7m626.8m626.3m590.5m789.7m1.0b1.0b

Cost of goods sold

424.8m418.7m422.4m376.8m382.1m359.6m512.2m675.7m692.7m

Gross profit

246.1m255.5m243.3m250.0m244.2m230.9m277.5m350.6m336.8m

Gross profit Margin, %

37%38%37%40%39%39%35%34%
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Cash

159.2m454.0m396.4m230.3m

Accounts Receivable

218.0m180.0m204.7m348.9m

Prepaid Expenses

43.3m45.1m112.1m

Inventories

184.2m197.3m213.6m587.3m
Quarterly
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Net Income

160.5m(14.4m)178.8m(19.7m)

Depreciation and Amortization

72.1m79.5m87.2m78.6m

Inventories

(31.9m)6.0m(8.5m)(166.4m)

Accounts Payable

500.0k(59.5m)43.2m51.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

48.0m126.6m163.9m73.4m126.2m169.5m(59.9m)(6.1m)(46.6m)

Depreciation and Amortization

19.3m37.9m59.7m21.2m43.3m64.8m59.7m109.9m150.3m

Cash From Operating Activities

54.7m142.4m191.8m115.9m214.6m260.1m(51.7m)(57.6m)(57.9m)

Purchases of PP&E

(65.8m)
USDFY, 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
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MillerKnoll Operating Metrics

MillerKnoll's Backlog was reported to be $967.3m in Q2, 2022.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022Q2, 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

3635353539414560

Order Volume (North America)

$1.71 b$468.2 m$435.3 m$405.9 m

MillerKnoll Acquisitions / Subsidiaries

Company NameDateDeal Size
KnollJuly 19, 2021$1.89 b
Maars Living WallsJune 06, 2018
Design Within ReachJuly 17, 2014$154 m
Maharam Fabric CorporationApril 24, 2013$156 m
POSH Office SystemsApril 03, 2012$50 m
NemschoffJanuary 31, 2011$63 m
Colebrook Bosson SaundersMarch 30, 2010
Colebrook Bosson & Saunders Products Limited
Colebrook Bosson Saunders, Pty. Ltd.
Design Within Reach, Inc.
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MillerKnoll Revenue Breakdown

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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

Human Capital Metrics

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MillerKnoll Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

MillerKnoll Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

MillerKnoll Online and Social Media Presence

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MillerKnoll Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B+

    74/100

  • Compensation

    B+

    76/100

  • Diversity

    A

    81/100

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MillerKnoll News and Updates

Southern California Furniture Distributor G|M Business Interiors Is Now A Certified MillerKnoll Dealer

San Diego, July 13, 2022 (GLOBE NEWSWIRE) -- San Diego, California -

Knoll to Showcase Welcoming Spaces for Work Anywhere at MillerKnoll Design Days 2022

Brand to celebrate new designs by Antenna Design, Marc Newson, Dan Grabowski, Piero Lissoni EAST GREENVILLE, Pa., June 6, 2022 /PRNewswire/ -- Knoll will present Welcoming Spaces for Work Anywhere at the first MillerKnoll Design Days that will take place in Chicago from June 13–15. At 811...

MillerKnoll Introduces Design Days at Fulton Market

New Products from Herman Miller, Geiger, Knoll, KnollTextiles, Maharam, Muuto, and naughtone June 13-15 in Chicago ZEELAND, Mich., June 6, 2022 /PRNewswire/ -- MillerKnoll (NASDAQ:MLKN), a global leader in design, is hosting the company's first Design Days with product launches, exhibits,...

MillerKnoll Schedules Fourth Quarter Fiscal 2022 Conference Call and Webcast

ZEELAND, Mich., June 1, 2022 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) today announced that the company will host its fourth quarter fiscal 2022 conference call and webcast on Wednesday, June 29, 2022, at 5:30 p.m. ET. The conference call will be webcast with streaming audio at...

World Office Furniture Industry Analysis 2022, Featuring Key Players Ahrend, Herman Miller, Itoki, Okamura, Steelcase, Teknion and Vitra

DUBLIN, Jan. 20, 2022 /PRNewswire/ -- The "The World Office Furniture Industry" report has been added to ResearchAndMarkets.com's offering. The report offers an comprehensive picture of the global office furniture sector, providing basic data for production, consumption imports and...

Worldwide Children's Furniture Market Outlook to 2030: Leading Players Include Cello Group, Keter Group, Herman Miller and IKEA

Dublin, Dec. 22, 2021 (GLOBE NEWSWIRE) -- The "Children Furniture Market by Type, Material, End User and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering. .Globally, increasing disposable income is leading to in…
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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.