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.

Company Growth (employees)
Type
Public
HQ
Muscatine, US
Founded
1944
Size (employees)
8,900 (est)
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 Financials and Metrics

HNI Corporation Financials

HNI Corporation's revenue was reported to be $477.7 m in Q1, 2018
USD

Revenue (Q1, 2018)

477.7 m

Gross profit (Q1, 2018)

173.7 m

Gross profit margin (Q1, 2018), %

36%

Net income (Q1, 2018)

4.8 m

EBIT (Q1, 2018)

7.9 m

Market capitalization (17-Oct-2017)

1.9 b

Cash (01-Apr-2017)

29.1 m
HNI Corporation's current market capitalization is $1.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.1 b2.2 b2.3 b2.2 b

Revenue growth, %

8%4%(4%)

Cost of goods sold

1.3 b1.4 b1.5 b1.4 b

Gross profit

715.3 m784.2 m847.4 m835 m
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

509.1 m614.7 m523.5 m568.2 m615.9 m501 m536.5 m584.6 m477.7 m

Cost of goods sold

328 m394.8 m339 m362.1 m384.2 m315.3 m327.6 m363.1 m303.9 m

Gross profit

181.1 m219.9 m184.5 m206.1 m231.6 m185.7 m208.9 m221.6 m173.7 m

Gross profit Margin, %

36%36%35%36%38%37%39%38%36%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

65 m34.1 m28.5 m36.3 m

Inventories

26.7 m39.2 m36.9 m118.4 m

Current Assets

433.2 m455.6 m438.4 m433 m

Goodwill

286.7 m279.3 m277.7 m290.7 m
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

29.3 m29.7 m25.5 m33.4 m24.6 m38.6 m24.4 m27.3 m29.1 m

Inventories

128.4 m116.9 m143.9 m164.7 m145.2 m147.9 m170.1 m150.7 m143.7 m

Current Assets

439.5 m468.6 m458 m523 m501 m443.5 m476.1 m465 m418 m

Goodwill

278.1 m277.9 m279.8 m279.4 m280.6 m294.3 m293 m293.5 m290.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

63.4 m61.2 m105.4 m85.6 m

Depreciation and Amortization

46.6 m56.7 m57.6 m68.9 m

Inventories

1.6 m(23 m)(4.2 m)

Accounts Payable

25.9 m26.9 m(21.1 m)
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

9.7 m33.5 m8.5 m23.9 m40.8 m11.8 m29 m33.8 m4.8 m

Inventories

128.4 m116.9 m143.9 m164.7 m145.2 m147.9 m170.1 m150.7 m143.7 m

Accounts Payable

396.2 m445.3 m369.9 m404.7 m427.5 m349.8 m395.4 m415.6 m346.1 m
Y, 2017

Financial Leverage

2.6 x
Show all financial metrics

HNI Corporation Market Value History

HNI Corporation Job Categories

HNI Corporation Median Salaries

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

Traffic Overview of HNI Corporation

HNI Corporation Online and Social Media Presence

HNI Corporation Company Life and Culture

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