HNI vs MLKN
HNI Corp. and MillerKnoll, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HNI | MLKN |
|---|---|---|
| Revenue | $2.8B | $3.8B |
| Net income | $54.2M | $91.5M |
| Gross margin | 41.4% | 38.8% |
| Net margin | 1.9% | 2.5% |
| Return on equity | 4.1% | 7.0% |
| Diluted EPS | $1.11 | $1.32 |
| Dividend / share | $1.35 | $0.75 |
| Payout ratio | 116.4% | 55.8% |
| Free cash flow | $208.5M | $77.6M |
| Equity | $1.8B | $1.3B |
| Net debt / equity | 0.59× | 0.83× |
| Current ratio | 1.24× | 1.58× |
| Revenue CAGR 5y | 7.7% | 9.3% |
| Profit CAGR 5y | 5.3% | −12.1% |
MLKN bills 1.4× the revenue of HNI, and keeps more of each dollar of revenue as profit (2.5% against 1.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | HNI | MLKN |
|---|---|---|
| FY2025 | $2.8B | $3.8B |
| FY2024 | $2.5B | $3.7B |
| FY2023 | $2.4B | $3.6B |
| FY2022 | $2.4B | $4.1B |
| FY2021 | $2.2B | $3.9B |
| FY2020 | $2.0B | $2.5B |
| FY2019 | $2.2B | $2.5B |
| FY2018 | $2.3B | $2.6B |
| FY2017 | $2.2B | $2.4B |
| FY2016 | $2.2B | $2.3B |
Bottom line
| Fiscal year | HNI | MLKN |
|---|---|---|
| FY2025 | $54.2M | $91.5M |
| FY2024 | $139.5M | $-36.9M |
| FY2023 | $49.2M | $82.3M |
| FY2022 | $123.9M | $42.1M |
| FY2021 | $59.8M | $-27.1M |
| FY2020 | $41.9M | $174.6M |
| FY2019 | $110.5M | $-8.7M |
| FY2018 | $93.4M | $160.5M |
| FY2017 | $89.8M | $128.1M |
| FY2016 | $85.6M | $123.9M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,002,700,000 | MLKN |
| FY2024 | −$1,143,500,000 | MLKN |
| FY2023 | −$1,194,400,000 | MLKN |
| FY2022 | −$1,725,300,000 | MLKN |
| FY2021 | −$1,761,600,000 | MLKN |
| FY2020 | −$509,700,000 | MLKN |
| FY2019 | −$239,653,000 | MLKN |
| FY2018 | −$309,305,000 | MLKN |
| FY2017 | −$205,318,000 | MLKN |
| FY2016 | −$74,711,000 | MLKN |
| FY2015 | +$39,519,000 | HNI |
| FY2014 | +$80,495,000 | HNI |
| FY2013 | +$177,964,000 | HNI |
| FY2012 | +$229,103,000 | HNI |
| FY2011 | +$109,350,000 | HNI |
| FY2010 | +$37,528,000 | HNI |
| FY2009 | +$304,527,000 | HNI |
| FY2008 | +$799,631,000 | HNI |
The higher-revenue side has changed between HNI and MLKN over this period. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.6 pp | MLKN |
| FY2024 | +6.4 pp | HNI |
| FY2023 | −0.3 pp | MLKN |
| FY2022 | +4.1 pp | HNI |
| FY2021 | +3.2 pp | HNI |
| FY2020 | −5.2 pp | MLKN |
| FY2019 | +5.5 pp | HNI |
| FY2018 | −2.1 pp | MLKN |
| FY2017 | −1.3 pp | MLKN |
| FY2016 | −1.6 pp | MLKN |
| FY2015 | −1.5 pp | MLKN |
| FY2014 | −1.8 pp | MLKN |
| FY2013 | +4.3 pp | HNI |
| FY2012 | −1.4 pp | MLKN |
| FY2011 | −1.9 pp | MLKN |
| FY2010 | −2.7 pp | MLKN |
| FY2009 | −2.5 pp | MLKN |
| FY2008 | −2.3 pp | MLKN |
The higher net margin has changed hands between HNI and MLKN over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MLKN's net margin has been more volatile than HNI's over the 18 comparable fiscal years — 2.6 percentage points of standard deviation against 1.5.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HNI and MLKN over these 18 fiscal years — HNI led in 5 and MLKN in 13.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MLKN's return on equity has been more volatile than HNI's over the 18 comparable fiscal years — 191.3 percentage points of standard deviation against 6.3.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HNI and MLKN over these 18 fiscal years — HNI led in 6 and MLKN in 12.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.