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HNI(NYSE) HNI

Current Price$40.94
Market Cap$2.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1983)+4,090%
5 Year+20%
1 Year-16%
1 Month+18%
HNI last closing stock price
MetricPriceDate
Last closeUSD 41.292026-07-20
HNI stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+3.98%USD 39.712026-07-13
1 month+18.45%USD 34.862026-06-18
3 month+11.93%USD 36.892026-04-21
Year to date+0.07%USD 41.262025-12-31
1 year-16.1%USD 49.212025-07-18
3 year+58.93%USD 25.982023-07-21
5 year+19.99%USD 34.412021-07-21
Since inception+4,089.71%USD 0.991983-08-23

HNI Financials at a Glance

Market Cap

$2.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$3.59B

Net Income (TTM)

$1.40M

EPS (TTM)

$0.42

P/E Ratio

97.22

Dividend

$1.37

Beta (Volatility)

0.90 (Low)

Price

$40.94

Volume

510,467.799

Open

$41.16

Previous Close

$40.89

Daily Range

$40.61 - $41.48

52-Week Range

$28.93 - $53.29

Estimated Earnings Date

Jul 30, 2026

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About HNI

HNI helps people create comfortable spaces where they work and relax. It makes office furniture and fireplaces for homes and businesses. These products help people build functional offices and warm homes.

Where You Work and Warm Up

  • Workplace Furnishings: Office systems, seating, and tables for businesses and home offices; represents 88% of net sales.
  • Residential Building Products: Gas, wood, and electric fireplaces and stoves for home use; accounts for 12% of net sales.
  • Office Systems: Modular panels and freestanding furniture used to organize professional workspaces.
  • Seating: Chairs and stools designed for offices, schools, and healthcare facilities.
  • Fireplaces and Stoves: Heating units and accessories sold under brands like Heatilator and Heat & Glo.

Strategic Moves and Recent Scale

  • Acquired Steelcase in December 2025 for approximately $1.9 billion to expand its global workplace design and furniture footprint.
  • Sold the HNI India business in April 2025 to Kokuyo Co., Ltd. as part of a geographic restructuring effort.
  • Terminated a multi-year software or ERP (Enterprise Resource Planning) project at Steelcase in 2026 to focus resources on customer initiatives.
  • Closed the Wayland, New York manufacturing facility in 2026 to optimize its workplace furnishings production network.

What Sets HNI Apart

The company maintains a multi-faceted go-to-market model serving customers from small businesses to multinational corporations. This approach includes a wide range of brands and selling models across its workplace and residential segments.

The Financial Scorecard

  • Net sales reached $1.3 billion in Q1 2026, up 124.7% from $599.8 million in Q1 2025.
  • Net loss hit $38.8 million in Q1 2026, worsened from a $13.9 million profit in Q1 2025.
  • Operating cash flow reached negative $171.7 million in Q1 2026, worsened from a $12.6 million source in Q1 2025.
  • Free cash flow fell to negative $205.7 million in Q1 2026, deepened from negative $3.1 million in Q1 2025.

Bottom Line

HNI has significantly increased its scale through the acquisition of Steelcase, becoming a larger force in workplace furnishings. The company is now focused on integrating these operations and optimizing its manufacturing network to drive future profitability.

AI Generated • May 26, 2026

Industry

Commercial Services and Supplies

Employees

19,500

CEO

Jeffrey D. Lorenger, MBA

Headquarters

Muscatine, IA 52761-0071, US

HNI Financials

Key Financial Metrics (TTM)

Gross Margin

38.73%

Operating Margin

5.47%

Net Income Margin

0.04%

Return on Equity

0.11%

Return on Capital

6.94%

Return on Assets

0.03%

Earnings Yield

1.03%

Dividend Yield

3.32%

Payout Ratio

52.50%

Stock Overview

Market Cap

$2.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

71.99M

Volume

510.47K

Avg. Volume

721.20K

Financials (TTM)

Gross Profit

$1.39B

Operating Income

$196.20M

EBITDA

$222.40M

Operating Cash Flow

$91.90M

Capital Expenditure

-$84.10M

Free Cash Flow

$7.80M

Cash & ST Invst.

$78.20M

Total Debt

$1.73B

HNI Performance Analysis

HNI annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 2,361,800,0008.1%
20232023-12-31USD 2,434,000,0003.1%
20242024-12-31USD 2,526,400,0003.8%
20252025-12-31USD 2,839,000,00012.4%
HNI sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-2811.2%
Q32025-09-272.5%
Q42026-01-0329.9%
Q12026-04-0451.7%
HNI annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 2.94115.8%
20232023-12-31USD 1.08-63.1%
20242024-12-31USD 2.88165.4%
20252025-12-31USD 1.11-61.5%
HNI sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-28251.7%
Q32025-09-27-14.7%
Q42026-01-03-216.1%
Q12026-04-0445.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$1.35B

+124.7%

Gross Profit

$466.20M

+101.7%

Gross Margin

34.60%

N/A

Market Cap

$2.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$152.44K

N/A

Employees

19,500

N/A

Net Income

-$38.80M

-379.1%

EBITDA

$40.60M

-18.8%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$78.20M

+184.4%

Total Debt

$1.73B

+213.3%

Accounts Receivable

$555.70M

+134.2%

Inventory

$490.50M

+139.3%

Long Term Debt

$1.64B

+251.3%

Short Term Debt

$87.00M

+3.0%

Return on Assets

0.03%

N/A

Return on Invested Capital

5.11%

N/A

Free Cash Flow

-$205.70M

-6535.5%

Operating Cash Flow

-$171.70M

-1462.7%

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Questions About HNI

What is the current price of HNI?

HNI is trading at $40.89 per share.

What is the 52-week range for HNI?

Over the past 52 weeks, HNI has traded between $28.93 and $53.29.

How much debt does HNI have?

As of the most recent reporting period, HNI reported total debt of $1.73B.

How much cash does HNI have on hand?

HNI reported $71.40M in cash and cash equivalents in its most recent financial results.

What is HNI’s dividend yield?

HNI currently has a dividend yield of 3.32%.

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