HNI Corporation (HNI) stock price, revenue, and financials

HNI Corporation market cap is $1.7 b, and annual revenue was $2.26 b in FY 2018

$1.7 B

HNI Mkt cap, 02-Dec-2019

$625.4 M

HNI Corporation Revenue Q3, 2019
HNI Corporation Gross profit (Q3, 2019)237.7 M
HNI Corporation Gross profit margin (Q3, 2019), %38%
HNI Corporation Net income (Q3, 2019)46.1 M
HNI Corporation EBIT (Q3, 2019)60.7 M
HNI Corporation Cash, 28-Sept-201953 M
HNI Corporation EV1.9 B

HNI Corporation Revenue

HNI Corporation revenue was $2.26 b in FY, 2018 which is a 3.8% year over year increase from the previous period.

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HNI Corporation Revenue Breakdown

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

HNI Corporation Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

2.2b2.2b2.3b

Revenue growth, %

(4%)(1%)4%

Cost of goods sold

1.4b1.4b1.4b

Gross profit

835.0m784.0m835.0m

Gross profit Margin, %

38%36%37%

General and administrative expense

667.7m671.8m691.1m

Operating expense total

667.7m671.8m691.1m

EBIT

133.7m76.7m128.2m

EBIT margin, %

6%4%6%

Interest expense

5.1m6.4m10.0m

Interest income

305.0k297.0k579.0k

Pre tax profit

128.9m70.6m

Income tax expense

43.3m(19.3m)25.4m

Net Income

85.6m89.9m93.3m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q3, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

523.5m568.2m615.9m584.6m501.0m536.5m584.6m477.7m514.5m599.5m505.1m543.6m611.1m479.5m526.0m625.4m

Cost of goods sold

339.0m362.1m384.2m363.1m315.3m327.6m363.1m303.9m329.7m378.2m328.2m342.7m377.8m309.8m333.4m387.7m

Gross profit

184.5m206.1m231.6m221.6m185.7m208.9m221.6m173.7m184.8m221.2m176.9m200.9m233.3m169.6m192.6m237.7m

Gross profit Margin, %

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

General and administrative expense

168.7m167.3m170.4m169.5m165.1m162.3m169.5m163.7m162.7m169.5m171.9m173.0m179.6m165.9m168.4m176.7m

Operating expense total

168.7m167.3m170.4m169.5m165.1m162.3m169.5m163.7m162.7m169.5m171.9m173.0m179.6m165.9m169.3m177.0m

EBIT

15.4m39.4m61.1m51.7m19.5m46.0m51.7m7.9m21.6m57.7m3.7m27.1m53.6m3.7m23.2m60.7m

EBIT margin, %

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

Interest expense

2.0m2.0m1.7m1.1m1.9m1.1m1.1m1.0m1.3m1.8m2.3m2.7m2.6m2.5m2.8m

Interest income

90.0k119.0k110.0k80.0k78.0k63.0k80.0k71.0k325.0k71.0k113.0k89.0k80.0k356.0k282.0k

Pre tax profit

13.5m37.6m59.5m50.6m17.7m45.0m50.6m7.0m20.6m56.0m1.5m24.4m51.1m1.6m20.8m58.5m

Income tax expense

5.1m13.7m18.6m16.8m5.9m15.9m16.8m2.2m6.8m18.6m(999.0k)5.8m11.2m546.0k5.0m12.4m

Net Income

8.5m23.9m40.8m33.8m11.8m29.0m33.8m4.8m13.9m37.3m2.5m18.6m39.9m1.0m15.8m46.1m

HNI Corporation Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

72.8m41.8m65.0m34.1m28.5m36.3m23.3m76.8m

Accounts Receivable

204.0m213.5m229.4m258.6m255.2m

Prepaid Expenses

46.6m49.3m41.4m

Inventories

101.9m93.5m26.7m39.2m36.9m118.4m155.7m157.2m

Current Assets

434.0m404.9m433.2m455.6m438.4m433.0m488.9m531.9m

PP&E

229.7m240.5m356.4m390.3m384.9m

Goodwill

270.8m288.3m286.7m279.3m277.7m511.4m490.9m463.3m

Total Assets

1.1b1.1b1.1b1.2b1.3b1.3b1.4b1.4b

Accounts Payable

358.3m391.0m407.8m453.8m424.4m425.0m450.1m428.9m

Short-term debt

30.2m4.4m34.0m36.6m679.0k

Current Liabilities

388.9m395.9m411.6m457.3m435.9m463.5m489.7m434.3m

Long-term debt

150.2m150.1m150.1m197.7m185.0m180.0m240.0m249.4m

Total Debt

180.4m154.6m150.1m197.7m185.0m214.0m276.6m250.0m

Common Stock

44.9m45.0m44.1m43.4m43.6m

Preferred Stock

Additional Paid-in Capital

24.3m20.2m16.7m867.0k4.4m7.0m18.0m

Retained Earnings

348.2m353.9m373.7m374.9m433.6m461.5m467.3m504.9m

Total Equity

419.3m420.7m436.4m414.5m477.3m501.0m514.6m563.3m

Debt to Equity Ratio

0.3 x0.5 x0.4 x0.4 x0.5 x0.4 x

Debt to Assets Ratio

0.1 x0.2 x0.1 x0.2 x0.2 x0.2 x

Financial Leverage

2.5 x2.6 x2.6 x3 x2.6 x2.7 x2.7 x2.5 x

Quarterly

USDQ2, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

44.3m52.4m46.8m101.5m56.5m55.1m49.3m30.9m33.8m36.9m45.7m29.3m29.7m24.6m25.5m33.4m27.3m38.6m24.4m29.1m27.1m22.4m28.8m31.1m43.7m47.9m28.8m53.0m

Accounts Receivable

182.9m171.1m210.1m220.5m197.5m219.8m247.3m194.8m245.4m266.1m223.0m238.9m254.9m224.7m245.3m272.0m

Prepaid Expenses

43.9m47.7m49.8m38.8m39.2m41.3m36.8m

Inventories

82.7m88.1m101.0m95.7m99.9m113.7m104.9m106.7m118.3m99.1m100.3m128.4m116.9m145.2m143.9m164.7m150.7m147.9m170.1m143.7m167.2m154.1m158.7m185.4m174.6m170.6m194.0m181.9m

Current Assets

362.1m372.5m423.1m479.1m414.7m448.2m456.2m393.0m458.9m434.4m398.7m439.5m468.6m501.0m458.0m523.0m465.0m443.5m476.1m418.0m467.2m488.1m460.1m507.4m513.9m484.0m511.1m544.6m

PP&E

243.7m227.5m223.9m219.7m227.5m227.6m238.3m244.4m252.2m393.0m374.9m376.9m379.3m387.9m386.1m380.1m

Goodwill

260.6m260.6m260.6m260.6m272.5m272.5m293.4m288.3m287.1m286.6m287.1m278.1m277.9m280.6m279.8m279.4m293.5m294.3m293.0m290.7m290.7m514.0m486.7m481.9m480.8m458.6m453.4m449.3m

Total Assets

972.8m956.3m1.0b1.1b1.0b1.1b1.1b1.1b1.1b1.1b1.1b1.2b1.2b1.3b1.2b1.3b1.4b1.3b1.4b1.3b1.4b1.4b1.3b1.4b1.4b1.4b1.4b1.5b

Accounts Payable

303.3m272.8m320.8m352.2m306.1m354.6m401.1m332.9m382.2m405.2m336.6m396.2m445.3m427.5m369.9m404.7m415.6m349.8m395.4m346.1m387.9m430.6m347.0m409.3m430.7m346.2m396.3m435.1m

Short-term debt

50.0m50.4m50.1m50.4m65.3m60.3m43.9m49.2m69.2m17.3m79.0m434.0m720.0k478.0k1.1m1.4m

Current Liabilities

353.6m323.5m371.1m402.9m371.7m415.3m445.3m384.9m454.4m417.2m378.7m435.0m449.9m690.4m448.8m713.2m441.4m459.2m483.3m466.0m484.4m450.9m427.9m412.9m436.0m372.9m423.2m459.4m

Long-term debt

150.0m150.0m150.0m150.2m150.2m150.2m150.2m150.1m150.1m150.1m150.1m150.1m166.1m198.0m9.0k215.8m195.0m193.0m175.0m240.0m295.0m250.0m296.4m249.3m295.9m285.4m239.4m

Total Debt

200.0m200.4m200.1m200.6m215.5m210.5m194.0m199.3m219.3m150.1m150.1m150.1m166.1m198.0m9.0k215.8m195.0m193.0m175.0m240.0m312.3m329.0m730.4m250.1m296.4m286.5m240.9m

Common Stock

45.0m44.7m44.8m44.8m45.5m45.3m45.1m45.5m45.4m43.5m43.7m43.8m43.3m42.9m42.8m

Preferred Stock

Additional Paid-in Capital

20.2m16.4m19.4m21.7m31.1m27.9m24.3m30.7m29.2m25.6m22.4m18.3m797.0k4.5m16.0m11.2m14.4m15.7m17.9m11.9m5.4m6.2m20.1m26.1m27.5m15.9m17.4m18.5m

Retained Earnings

334.5m331.4m325.7m340.4m337.6m333.7m347.2m344.4m344.9m362.1m374.0m372.4m393.8m413.0m371.8m383.9m472.0m433.7m450.5m449.4m449.1m450.1m452.7m458.5m485.4m489.7m474.5m505.7m

Total Equity

399.7m395.7m393.2m409.7m417.0m408.8m420.7m422.0m418.9m431.7m442.9m437.0m439.5m455.8m427.6m435.1m524.3m488.6m505.9m501.5m494.3m495.9m514.2m525.3m553.1m545.3m529.5m560.3m

Debt to Equity Ratio

0.3 x0.3 x0.3 x0.4 x0.5 x0 x0.4 x0.4 x0.4 x0.3 x0.5 x0.6 x0.6 x1.4 x0.5 x0.5 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x0.2 x0 x0.2 x0.1 x0.1 x0.1 x0.2 x0.2 x0.2 x0.5 x0.2 x0.2 x

Financial Leverage

2.4 x2.4 x2.6 x2.6 x2.5 x2.6 x2.7 x2.5 x2.7 x2.6 x2.5 x2.7 x2.7 x2.9 x2.9 x3 x2.6 x2.7 x2.7 x2.6 x2.8 x2.9 x2.6 x2.6 x2.5 x2.6 x2.7 x2.6 x

HNI Corporation Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

46.0m49.0m63.4m61.2m105.4m85.6m89.9m93.3m

Depreciation and Amortization

46.3m43.4m46.6m56.7m57.6m68.9m72.9m74.8m

Accounts Receivable

(6.9m)(7.0m)

Inventories

(11.3m)9.5m1.6m(23.0m)(4.2m)

Accounts Payable

39.9m27.6m25.9m26.9m(21.1m)

Cash From Operating Activities

134.3m144.8m223.4m133.1m186.4m

Purchases of PP&E

(27.8m)(39.5m)(2.8m)

Cash From Investing Activities

(91.5m)(85.8m)(153.0m)(118.0m)(41.2m)

Long-term Borrowings

(26.5m)(179.3m)(352.7m)

Dividends Paid

(41.2m)(43.0m)(43.5m)(44.3m)(46.3m)(48.5m)(49.6m)(51.1m)

Cash From Financing Activities

(69.0m)(90.0m)(62.6m)(28.1m)(91.7m)

Net Change in Cash

(26.3m)(31.0m)7.8m(13.0m)53.5m

Interest Paid

12.0m10.9m

Income Taxes Paid

14.1m13.4m4.5m(11.2m)6.8m

Free Cash Flow

129.9m23.9m

Quarterly

USDQ2, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(1.1m)(1.8m)2.9m27.8m(141.0k)6.9m31.4m1.4m12.8m28.0m11.0m9.7m33.5m40.8m8.5m23.9m74.7m11.8m29.0m74.7m4.8m18.6m56.0m2.5m21.1m61.0m1.0m16.8m62.9m

Depreciation and Amortization

31.1m12.1m23.8m35.1m10.8m21.4m32.1m11.1m22.8m48.9m48.9m18.8m36.5m54.5m18.4m37.3m55.9m19.0m38.5m57.8m

Inventories

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

Accounts Payable

396.2m445.3m427.5m369.9m404.7m415.6m349.8m395.4m

Cash From Operating Activities

1.5m(22.0m)(8.4m)67.0m(27.7m)5.7m80.8m(30.0m)(12.5m)113.7m(32.0m)(27.3m)57.3m(30.8m)29.5m115.0m(28.3m)12.8m115.6m

Purchases of PP&E

(12.3m)(4.2m)(11.7m)(16.9m)(8.5m)(15.6m)(27.3m)(12.6m)(39.3m)(2.8m)

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)24.7m2.3m(32.7m)35.9m43.1m(198.0k)55.9m80.2m23.6m33.4m(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)5.5m7.7m20.4m(28.9m)(48.0m)(23.8m)

Income Taxes Paid

14.4m5.2m5.2m17.4m5.1m

Free Cash Flow

50.9m(57.1m)(79.0m)(29.8m)(43.1m)2.8m

HNI Corporation Ratios

USDY, 2019

EV/EBIT

30.9 x

EV/CFO

16.2 x

Financial Leverage

2.6 x

HNI Corporation Employee Rating

3.2135 votes
Culture & Values
3.5
Work/Life Balance
3.1
Senior Management
3.0
Salary & Benefits
3.5
Career Opportunities
3.5
Source