HNI Corporation market cap is $1.8 b, and annual revenue was $2.25 b in FY 2019

HNI Corporation Gross profit (FY, 2019)833.8 M

HNI Corporation Gross profit margin (FY, 2019), %37.1%

HNI Corporation Net income (FY, 2019)110.5 M

HNI Corporation EBIT (FY, 2019)151.3 M

HNI Corporation Cash, 28-Dec-201952.1 M

HNI Corporation EV1.9 B

HNI Corporation revenue was $2.25 b in FY, 2019

HNI Corporation revenue breakdown by business segment: 76.3% from Office Furniture and 23.7% from Hearth Products

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 2.2b | 2.2b | 2.3b | 2.2b |

| (4%) | (1%) | 4% | |

## Cost of goods sold | 1.4b | 1.4b | 1.4b | 1.4b |

## Gross profit | 835.0m | 784.0m | 835.0m | 833.8m |

| 38% | 36% | 37% | 37% |

## General and administrative expense | 667.7m | 671.8m | 691.1m | 680.0m |

## Operating expense total | 667.7m | 671.8m | 691.1m | 682.4m |

## EBIT | 133.7m | 76.7m | 128.2m | 151.3m |

| 6% | 4% | 6% | 7% |

## Interest expense | 5.1m | 6.4m | 10.0m | 8.6m |

## Interest income | 305.0k | 297.0k | 579.0k | |

## Pre tax profit | 128.9m | 70.6m | 142.7m | |

## Income tax expense | 43.3m | (19.3m) | 25.4m | 32.2m |

## Net Income | 85.6m | 89.9m | 93.3m | 110.5m |

USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q3, 2016 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 523.5m | 568.2m | 615.9m | 584.6m | 501.0m | 536.5m | 584.6m | 477.7m | 514.5m | 599.5m | 505.1m | 543.6m | 611.1m | 479.5m | 526.0m | 625.4m |

## Cost of goods sold | 339.0m | 362.1m | 384.2m | 363.1m | 315.3m | 327.6m | 363.1m | 303.9m | 329.7m | 378.2m | 328.2m | 342.7m | 377.8m | 309.8m | 333.4m | 387.7m |

## Gross profit | 184.5m | 206.1m | 231.6m | 221.6m | 185.7m | 208.9m | 221.6m | 173.7m | 184.8m | 221.2m | 176.9m | 200.9m | 233.3m | 169.6m | 192.6m | 237.7m |

| 35% | 36% | 38% | 38% | 37% | 39% | 38% | 36% | 36% | 37% | 35% | 37% | 38% | 35% | 37% | 38% |

## General and administrative expense | 168.7m | 167.3m | 170.4m | 169.5m | 165.1m | 162.3m | 169.5m | 163.7m | 162.7m | 169.5m | 171.9m | 173.0m | 179.6m | 165.9m | 168.4m | 176.7m |

## Operating expense total | 168.7m | 167.3m | 170.4m | 169.5m | 165.1m | 162.3m | 169.5m | 163.7m | 162.7m | 169.5m | 171.9m | 173.0m | 179.6m | 165.9m | 169.3m | 177.0m |

## EBIT | 15.4m | 39.4m | 61.1m | 51.7m | 19.5m | 46.0m | 51.7m | 7.9m | 21.6m | 57.7m | 3.7m | 27.1m | 53.6m | 3.7m | 23.2m | 60.7m |

| 3% | 7% | 10% | 9% | 4% | 9% | 9% | 2% | 4% | 10% | 1% | 5% | 9% | 1% | 4% | 10% |

## Interest expense | 2.0m | 2.0m | 1.7m | 1.1m | 1.9m | 1.1m | 1.1m | 1.0m | 1.3m | 1.8m | 2.3m | 2.7m | 2.6m | 2.5m | 2.8m | |

## Interest income | 90.0k | 119.0k | 110.0k | 80.0k | 78.0k | 63.0k | 80.0k | 71.0k | 325.0k | 71.0k | 113.0k | 89.0k | 80.0k | 356.0k | 282.0k | |

## Pre tax profit | 13.5m | 37.6m | 59.5m | 50.6m | 17.7m | 45.0m | 50.6m | 7.0m | 20.6m | 56.0m | 1.5m | 24.4m | 51.1m | 1.6m | 20.8m | 58.5m |

## Income tax expense | 5.1m | 13.7m | 18.6m | 16.8m | 5.9m | 15.9m | 16.8m | 2.2m | 6.8m | 18.6m | (999.0k) | 5.8m | 11.2m | 546.0k | 5.0m | 12.4m |

## Net Income | 8.5m | 23.9m | 40.8m | 33.8m | 11.8m | 29.0m | 33.8m | 4.8m | 13.9m | 37.3m | 2.5m | 18.6m | 39.9m | 1.0m | 15.8m | 46.1m |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 72.8m | 41.8m | 65.0m | 34.1m | 28.5m | 36.3m | 23.3m | 76.8m | 52.1m |

## Accounts Receivable | 204.0m | 213.5m | 229.4m | 258.6m | 255.2m | 274.6m | |||

## Prepaid Expenses | 46.6m | 49.3m | 41.4m | 37.6m | |||||

## Inventories | 101.9m | 93.5m | 26.7m | 39.2m | 36.9m | 118.4m | 155.7m | 157.2m | 163.5m |

## Current Assets | 434.0m | 404.9m | 433.2m | 455.6m | 438.4m | 433.0m | 488.9m | 531.9m | 528.8m |

## PP&E | 229.7m | 240.5m | 356.4m | 390.3m | 384.9m | 381.5m | |||

## Goodwill | 270.8m | 288.3m | 286.7m | 279.3m | 277.7m | 511.4m | 490.9m | 463.3m | 445.7m |

## Total Assets | 1.1b | 1.1b | 1.1b | 1.2b | 1.3b | 1.3b | 1.4b | 1.4b | 1.5b |

## Accounts Payable | 358.3m | 391.0m | 407.8m | 453.8m | 424.4m | 425.0m | 450.1m | 428.9m | 453.2m |

## Short-term debt | 30.2m | 4.4m | 34.0m | 36.6m | 679.0k | 790.0k | |||

## Current Liabilities | 388.9m | 395.9m | 411.6m | 457.3m | 435.9m | 463.5m | 489.7m | 434.3m | 478.7m |

## Long-term debt | 150.2m | 150.1m | 150.1m | 197.7m | 185.0m | 180.0m | 240.0m | 249.4m | 174.4m |

## Total Debt | 180.4m | 154.6m | 150.1m | 197.7m | 185.0m | 214.0m | 276.6m | 250.0m | 175.2m |

## Common Stock | 44.9m | 45.0m | 44.1m | 43.4m | 43.6m | 42.6m | |||

## Preferred Stock | |||||||||

## Additional Paid-in Capital | 24.3m | 20.2m | 16.7m | 867.0k | 4.4m | 7.0m | 18.0m | 19.8m | |

## Retained Earnings | 348.2m | 353.9m | 373.7m | 374.9m | 433.6m | 461.5m | 467.3m | 504.9m | 529.7m |

## Total Equity | 419.3m | 420.7m | 436.4m | 414.5m | 477.3m | 501.0m | 514.6m | 563.3m | 584.4m |

## Debt to Equity Ratio | 0.3 x | 0.5 x | 0.4 x | 0.4 x | 0.5 x | 0.4 x | |||

## Debt to Assets Ratio | 0.1 x | 0.2 x | 0.1 x | 0.2 x | 0.2 x | 0.2 x | |||

## Financial Leverage | 2.5 x | 2.6 x | 2.6 x | 3 x | 2.6 x | 2.7 x | 2.7 x | 2.5 x | 2.5 x |

USD | Q2, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q3, 2015 | Q1, 2016 | Q2, 2015 | Q3, 2016 | Q1, 2016 | Q2, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cash | 44.3m | 52.4m | 46.8m | 101.5m | 56.5m | 55.1m | 49.3m | 30.9m | 33.8m | 36.9m | 45.7m | 29.3m | 29.7m | 24.6m | 25.5m | 33.4m | 27.3m | 38.6m | 24.4m | 29.1m | 27.1m | 22.4m | 28.8m | 31.1m | 43.7m | 47.9m | 28.8m | 53.0m |

## Accounts Receivable | 182.9m | 171.1m | 210.1m | 220.5m | 197.5m | 219.8m | 247.3m | 194.8m | 245.4m | 266.1m | 223.0m | 238.9m | 254.9m | 224.7m | 245.3m | 272.0m | ||||||||||||

## Prepaid Expenses | 43.9m | 47.7m | 49.8m | 38.8m | 39.2m | 41.3m | 36.8m | |||||||||||||||||||||

## Inventories | 82.7m | 88.1m | 101.0m | 95.7m | 99.9m | 113.7m | 104.9m | 106.7m | 118.3m | 99.1m | 100.3m | 128.4m | 116.9m | 145.2m | 143.9m | 164.7m | 150.7m | 147.9m | 170.1m | 143.7m | 167.2m | 154.1m | 158.7m | 185.4m | 174.6m | 170.6m | 194.0m | 181.9m |

## Current Assets | 362.1m | 372.5m | 423.1m | 479.1m | 414.7m | 448.2m | 456.2m | 393.0m | 458.9m | 434.4m | 398.7m | 439.5m | 468.6m | 501.0m | 458.0m | 523.0m | 465.0m | 443.5m | 476.1m | 418.0m | 467.2m | 488.1m | 460.1m | 507.4m | 513.9m | 484.0m | 511.1m | 544.6m |

## PP&E | 243.7m | 227.5m | 223.9m | 219.7m | 227.5m | 227.6m | 238.3m | 244.4m | 252.2m | 393.0m | 374.9m | 376.9m | 379.3m | 387.9m | 386.1m | 380.1m | ||||||||||||

## Goodwill | 260.6m | 260.6m | 260.6m | 260.6m | 272.5m | 272.5m | 293.4m | 288.3m | 287.1m | 286.6m | 287.1m | 278.1m | 277.9m | 280.6m | 279.8m | 279.4m | 293.5m | 294.3m | 293.0m | 290.7m | 290.7m | 514.0m | 486.7m | 481.9m | 480.8m | 458.6m | 453.4m | 449.3m |

## Total Assets | 972.8m | 956.3m | 1.0b | 1.1b | 1.0b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b | 1.2b | 1.2b | 1.3b | 1.2b | 1.3b | 1.4b | 1.3b | 1.4b | 1.3b | 1.4b | 1.4b | 1.3b | 1.4b | 1.4b | 1.4b | 1.4b | 1.5b |

## Accounts Payable | 303.3m | 272.8m | 320.8m | 352.2m | 306.1m | 354.6m | 401.1m | 332.9m | 382.2m | 405.2m | 336.6m | 396.2m | 445.3m | 427.5m | 369.9m | 404.7m | 415.6m | 349.8m | 395.4m | 346.1m | 387.9m | 430.6m | 347.0m | 409.3m | 430.7m | 346.2m | 396.3m | 435.1m |

## Short-term debt | 50.0m | 50.4m | 50.1m | 50.4m | 65.3m | 60.3m | 43.9m | 49.2m | 69.2m | 17.3m | 79.0m | 434.0m | 720.0k | 478.0k | 1.1m | 1.4m | ||||||||||||

## Current Liabilities | 353.6m | 323.5m | 371.1m | 402.9m | 371.7m | 415.3m | 445.3m | 384.9m | 454.4m | 417.2m | 378.7m | 435.0m | 449.9m | 690.4m | 448.8m | 713.2m | 441.4m | 459.2m | 483.3m | 466.0m | 484.4m | 450.9m | 427.9m | 412.9m | 436.0m | 372.9m | 423.2m | 459.4m |

## Long-term debt | 150.0m | 150.0m | 150.0m | 150.2m | 150.2m | 150.2m | 150.2m | 150.1m | 150.1m | 150.1m | 150.1m | 150.1m | 166.1m | 198.0m | 9.0k | 215.8m | 195.0m | 193.0m | 175.0m | 240.0m | 295.0m | 250.0m | 296.4m | 249.3m | 295.9m | 285.4m | 239.4m | |

## Total Debt | 200.0m | 200.4m | 200.1m | 200.6m | 215.5m | 210.5m | 194.0m | 199.3m | 219.3m | 150.1m | 150.1m | 150.1m | 166.1m | 198.0m | 9.0k | 215.8m | 195.0m | 193.0m | 175.0m | 240.0m | 312.3m | 329.0m | 730.4m | 250.1m | 296.4m | 286.5m | 240.9m | |

## Common Stock | 45.0m | 44.7m | 44.8m | 44.8m | 45.5m | 45.3m | 45.1m | 45.5m | 45.4m | 43.5m | 43.7m | 43.8m | 43.3m | 42.9m | 42.8m | |||||||||||||

## Preferred Stock | ||||||||||||||||||||||||||||

## Additional Paid-in Capital | 20.2m | 16.4m | 19.4m | 21.7m | 31.1m | 27.9m | 24.3m | 30.7m | 29.2m | 25.6m | 22.4m | 18.3m | 797.0k | 4.5m | 16.0m | 11.2m | 14.4m | 15.7m | 17.9m | 11.9m | 5.4m | 6.2m | 20.1m | 26.1m | 27.5m | 15.9m | 17.4m | 18.5m |

## Retained Earnings | 334.5m | 331.4m | 325.7m | 340.4m | 337.6m | 333.7m | 347.2m | 344.4m | 344.9m | 362.1m | 374.0m | 372.4m | 393.8m | 413.0m | 371.8m | 383.9m | 472.0m | 433.7m | 450.5m | 449.4m | 449.1m | 450.1m | 452.7m | 458.5m | 485.4m | 489.7m | 474.5m | 505.7m |

## Total Equity | 399.7m | 395.7m | 393.2m | 409.7m | 417.0m | 408.8m | 420.7m | 422.0m | 418.9m | 431.7m | 442.9m | 437.0m | 439.5m | 455.8m | 427.6m | 435.1m | 524.3m | 488.6m | 505.9m | 501.5m | 494.3m | 495.9m | 514.2m | 525.3m | 553.1m | 545.3m | 529.5m | 560.3m |

## Debt to Equity Ratio | 0.3 x | 0.3 x | 0.3 x | 0.4 x | 0.5 x | 0 x | 0.4 x | 0.4 x | 0.4 x | 0.3 x | 0.5 x | 0.6 x | 0.6 x | 1.4 x | 0.5 x | 0.5 x | ||||||||||||

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.2 x | 0 x | 0.2 x | 0.1 x | 0.1 x | 0.1 x | 0.2 x | 0.2 x | 0.2 x | 0.5 x | 0.2 x | 0.2 x | ||||||||||||

## Financial Leverage | 2.4 x | 2.4 x | 2.6 x | 2.6 x | 2.5 x | 2.6 x | 2.7 x | 2.5 x | 2.7 x | 2.6 x | 2.5 x | 2.7 x | 2.7 x | 2.9 x | 2.9 x | 3 x | 2.6 x | 2.7 x | 2.7 x | 2.6 x | 2.8 x | 2.9 x | 2.6 x | 2.6 x | 2.5 x | 2.6 x | 2.7 x | 2.6 x |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 46.0m | 49.0m | 63.4m | 61.2m | 105.4m | 85.6m | 89.9m | 93.3m | 110.5m |

## Depreciation and Amortization | 46.3m | 43.4m | 46.6m | 56.7m | 57.6m | 68.9m | 72.9m | 74.8m | 77.4m |

## Accounts Receivable | (6.9m) | (7.0m) | |||||||

## Inventories | (11.3m) | 9.5m | 1.6m | (23.0m) | (4.2m) | ||||

## Accounts Payable | 39.9m | 27.6m | 25.9m | 26.9m | (21.1m) | ||||

## Cash From Operating Activities | 134.3m | 144.8m | 223.4m | 133.1m | 186.4m | 219.4m | |||

## Purchases of PP&E | (27.8m) | (39.5m) | (2.8m) | ||||||

## Capital Expenditures | (61.0m) | (74.3m) | (82.6m) | (93.4m) | (109.2m) | ||||

## Cash From Investing Activities | (91.5m) | (85.8m) | (153.0m) | (118.0m) | (41.2m) | (62.9m) | |||

## Long-term Borrowings | (26.5m) | (179.3m) | (352.7m) | (215.9m) | |||||

## Dividends Paid | (41.2m) | (43.0m) | (43.5m) | (44.3m) | (46.3m) | (48.5m) | (49.6m) | (51.1m) | (52.2m) |

## Cash From Financing Activities | (69.0m) | (90.0m) | (62.6m) | (28.1m) | (91.7m) | (181.2m) | |||

## Net Change in Cash | (26.3m) | (31.0m) | 7.8m | (13.0m) | 53.5m | (24.7m) | |||

## Interest Paid | 12.0m | 10.9m | |||||||

## Income Taxes Paid | 14.1m | 13.4m | 4.5m | (11.2m) | 6.8m | ||||

## Free Cash Flow | 129.9m | 23.9m |

USD | Q2, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q3, 2015 | Q1, 2016 | Q2, 2015 | Q3, 2016 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | (1.1m) | (1.8m) | 2.9m | 27.8m | (141.0k) | 6.9m | 31.4m | 1.4m | 12.8m | 28.0m | 11.0m | 9.7m | 33.5m | 40.8m | 8.5m | 23.9m | 74.7m | 11.8m | 29.0m | 74.7m | 4.8m | 18.6m | 56.0m | 2.5m | 21.1m | 61.0m | 1.0m | 16.8m | 62.9m |

## Depreciation and Amortization | 31.1m | 12.1m | 23.8m | 35.1m | 10.8m | 21.4m | 32.1m | 11.1m | 22.8m | 48.9m | 48.9m | 18.8m | 36.5m | 54.5m | 18.4m | 37.3m | 55.9m | 19.0m | 38.5m | 57.8m | |||||||||

## Inventories | 128.4m | 116.9m | 145.2m | 143.9m | 164.7m | 150.7m | 147.9m | 170.1m | |||||||||||||||||||||

## Accounts Payable | 396.2m | 445.3m | 427.5m | 369.9m | 404.7m | 415.6m | 349.8m | 395.4m | |||||||||||||||||||||

## Cash From Operating Activities | 1.5m | (22.0m) | (8.4m) | 67.0m | (27.7m) | 5.7m | 80.8m | (30.0m) | (12.5m) | 113.7m | (32.0m) | (27.3m) | 57.3m | (30.8m) | 29.5m | 115.0m | (28.3m) | 12.8m | 115.6m | ||||||||||

## Purchases of PP&E | (12.3m) | (4.2m) | (11.7m) | (16.9m) | (8.5m) | (15.6m) | (27.3m) | (12.6m) | (39.3m) | (2.8m) | |||||||||||||||||||

## Capital Expenditures | (62.8m) | (62.8m) | (25.1m) | (51.7m) | (87.1m) | (12.4m) | (26.7m) | ||||||||||||||||||||||

## Cash From Investing Activities | (12.4m) | (6.4m) | (16.1m) | (25.8m) | (13.3m) | (25.7m) | (71.7m) | (16.8m) | (38.5m) | (114.7m) | (31.1m) | (62.0m) | (94.8m) | 2.9m | (12.7m) | (26.1m) | (18.6m) | (36.1m) | (49.9m) | ||||||||||

## Long-term Borrowings | (54.1m) | 570.0k | (4.3m) | (6.0m) | (25.1m) | (51.0m) | (94.9m) | (34.4m) | (63.8m) | (352.8m) | (606.0k) | (40.3m) | (125.0m) | ||||||||||||||||

## Dividends Paid | (19.5m) | (10.3m) | (20.6m) | (30.9m) | (10.5m) | (21.4m) | (32.2m) | (10.9m) | (21.8m) | (36.3m) | (36.3m) | (12.1m) | (24.7m) | (37.2m) | (12.4m) | (25.3m) | (38.2m) | (12.9m) | (26.1m) | (39.2m) | |||||||||

## Cash From Financing Activities | (32.2m) | (18.3m) | (27.9m) | (38.8m) | 24.7m | 2.3m | (32.7m) | 35.9m | 43.1m | (198.0k) | 55.9m | 80.2m | 23.6m | 33.4m | (9.0m) | (68.5m) | 17.9m | (24.7m) | (89.6m) | ||||||||||

## Net Change in Cash | (43.1m) | (46.7m) | (52.3m) | 2.4m | (16.3m) | (17.8m) | (23.5m) | (10.9m) | (8.0m) | (1.2m) | (7.2m) | (9.2m) | (13.9m) | 5.5m | 7.7m | 20.4m | (28.9m) | (48.0m) | (23.8m) | ||||||||||

## Income Taxes Paid | 14.4m | 5.2m | 5.2m | 17.4m | 5.1m | ||||||||||||||||||||||||

## Free Cash Flow | 50.9m | (57.1m) | (79.0m) | (29.8m) | (43.1m) | 2.8m |

USD | Q2, 2011 |
---|---|

## Financial Leverage | 2.4 x |