HNI Corporation

At HNI Corporation, we go beyond simply building great desks, chairs, file cabinets and fireplaces. We're focused on building relationships by delivering solutions. With deeply held values that were born with the corporation's founding in 1944, we are a collection of individuals, called members, united by a dedication to integrity, quality, innovation, service and continuous improvement. HNI Corporation's growth strategy centers on three imperatives: building leading brands, taking care of end users and achieving operational excellence. The corporation's manufacturing and supply chain expertise consistently translates to the highest quality products, provided with the fastest and most dependable turnaround in its industries. HNI Corporation is a group of nine companies, each representing a family of leading brands, products and services for the office and home. In HNI Corporation's unique and powerful member-owner environment, every member has an opportunity to share in making the business better. Everyone is rewarded for individual and collective performance through stock ownership, profit sharing and other compensation systems. Our culture is built around Rapid Continuous Improvement (RCI) and the notion that every member has something unique and valuable to contribute. We have found that when our people share their ideas, and management acts on those ideas, we achieve something powerful: 10,000-plus individuals working actively to make the company better.

Type
Public
HQ
Muscatine, US
Founded
1944
Size (employees)
8,900 (est)-11%
HNI Corporation was founded in 1944 and is headquartered in Muscatine, US

HNI Corporation Office Locations

HNI Corporation has an office in Muscatine
Muscatine, US (HQ)
408 E 2nd St

HNI Corporation Metrics

HNI Corporation Financial Metrics

Revenue (2016)

$2.2 b

Revenue growth (2015-16), %

(4%)

Gross profit

$835 m

Gross profit margin (2016), %

38%

Net income (2016)

$85.6 m

Market capitalization (28-Apr-2017)

$2.1 b

Closing share price (28-Apr-2017)

$47.2

Cash (31-Dec-2016)

$36.3 m
HNI Corporation's current market capitalization is $2.1 b.
HNI Corporation's revenue was reported to be $2.2 b in FY, 2016 which is a 4% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$2.1 b$2.2 b$2.3 b$2.2 b

Revenue growth, %

8%4%(4%)

Cost of goods sold

$1.3 b$1.4 b$1.5 b$1.4 b

Gross profit

$715.3 m$784.2 m$847.4 m$835 m

Gross profit Margin, %

35%35%37%38%

EBIT

$106 m$112.8 m$163.7 m$133.7 m

EBIT margin, %

5%5%7%6%

Interest income

$626 k$418 k$395 k$305 k

Pre tax profit

$96.7 m$104.9 m$157.2 m$128.9 m

Net Income

$63.4 m$61.2 m$105.4 m$85.6 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$65 m$34.1 m$28.5 m$36.3 m

Accounts Receivable

Inventories

$26.7 m$39.2 m$36.9 m$118.4 m

Current Assets

$433.2 m$455.6 m$438.4 m$433 m

Goodwill

$286.7 m$279.3 m$277.7 m$290.7 m

Total Assets

$1.1 b$1.2 b$1.3 b$1.3 b

Accounts Payable

$407.8 m$453.8 m$424.4 m$425 m

Current Liabilities

$411.6 m$457.3 m$435.9 m$463.5 m

Common Stock

$44.1 m

Additional Paid-in Capital

$16.7 m$867 k$4.4 m

Retained Earnings

$373.7 m$374.9 m$433.6 m$461.5 m

Total Equity

$436.4 m$414.5 m$477.3 m$501 m

Financial Leverage

2.6 x3 x2.6 x2.7 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$63.4 m$61.2 m$105.4 m$85.6 m

Depreciation and Amortization

$46.6 m$56.7 m$57.6 m$68.9 m

Accounts Receivable

Inventories

$1.6 m($23 m)($4.2 m)

Accounts Payable

$25.9 m$26.9 m($21.1 m)

Capital Expenditures

($61 m)($74.3 m)($82.6 m)$93.4 m

Dividends Paid

($43.5 m)($44.3 m)($46.3 m)($48.5 m)

Income Taxes Paid

$4.5 m($11.2 m)$6.8 m

HNI Corporation Market Value History

HNI Corporation Median Salaries

Source: 53 public H-1B filings from HNI Corporation

HNI Corporation Online Presence

HNI Corporation Company Life

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