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NYSE · OFFICE FURNITURE (NO WOOD) · LARGE CAP

HNI Corp. HNI

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.8B
▲ 12.4% YoY
$54.2M
▼ 61.1% YoY
$208.5M
▲ 20.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

HNI Corporation is a manufacturer of workplace furnishings and residential building products. As of January 3, 2026, it employed approximately 19,500 persons, including approximately 1,000 temporary personnel. In fiscal 2025, its five largest customers accounted for approximately 13 percent of its consolidated net sales. The company's two reportable segments are Workplace Furnishings and Residential Building Products. The Residential Building Products businesses manufacture and sell a full array of gas, wood, electric and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories, sold through a national system of independent dealers and distributors, as well as company-owned installing distribution and retail outlets. In fiscal 2025, the company had net sales of $2.8 billion, of which $2.2 billion, or 76 percent, was attributable to workplace furnishings sales and $0.7 billion, or 24 percent, was attributable to residential building products sales. Incorporated in 1944, HNI maintains its corporate headquarters in Muscatine, Iowa.

Written from the business description in HNI CORP's annual report to the U.S. Securities and Exchange Commission, filed 3 March 2026. Every sentence was checked against that document before publication.

Growth

USD 2.8B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.8 · Net income 0.1
1B2B
2008201120142017202020232025
Compound annual growth
+6.3%
+7.7%
+2.1%
+3.5%
−24.1%
+5.3%
−6.4%
+4.8%
+7.9%
+22.4%
+8.9%
+6.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.7% a year over the five years to FY2025 — but profit grew slower: net income at +5.3%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

2 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 4.4% · Net 1.9%
5%
200820162025
ROE
FY2025 · ROE 4.1%
10%20%
200820162025
Three returns, three denominators.

Each USD of equity produced 4 cents of profit this year.

Cash & shareholders

USD 142.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 208.5
100M200M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 63.1 · Net buybacks 79.8
100M200MDividendsNet buybacks
2008201120142017202020232025

USD 63.1M in dividends and USD 79.8M in buybacks — 264% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 4.9B
EquityUSD 1.8B
CashUSD 209.2M
Gross debtUSD 1.3B
Net debtUSD 1.1B
Current ratio1.24×

Net debt stands at 59% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
HNI, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B2.82.52.42.42.22.02.22.32.22.22.32.22.12.01.81.71.62.4
Operating income $B0.10.20.10.20.10.10.20.10.10.10.20.10.10.10.10.10.00.1
EBITDA $B0.20.30.20.20.20.10.20.20.10.20.20.20.20.10.10.10.1◌
Income tax $B0.00.00.00.00.00.00.00.0−0.00.00.10.00.00.00.00.0−0.00.0
Net income $B0.10.10.00.10.10.00.10.10.10.10.10.10.10.00.00.0−0.00.0
Free cash flow $B0.20.20.20.00.10.20.20.10.00.10.10.10.10.10.10.10.20.1
EPS, diluted $1.112.881.092.941.360.982.542.112.001.882.321.351.391.071.010.59−0.140.59
Dividend / sh $1.351.311.281.271.241.221.211.171.131.091.040.990.960.950.920.860.860.86
Payout %116461194390124475555574472688890144−60084
ROE %4.117.47.120.510.17.119.317.317.717.523.714.414.911.711.16.5−1.510.0
Shares out B0.070.050.050.040.040.040.040.040.040.040.040.040.040.040.040.040.050.04

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 91 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: the share count is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityOffice Furniture (No Wood)
Listed onNYSE
Incorporated inIowa
Fiscal year endsJanuary 2
Data on record since2007

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