What is HNI's goodwill?

HNI (HNI) reported goodwill of $835.4M in Q1 2026.

How has HNI's goodwill changed year-over-year?

HNI's goodwill increased by 89.0% year-over-year, from $442.1M to $835.4M.

What is the long-term trend for HNI's goodwill?

Over 5 years (2020 to 2025), HNI's goodwill has grown at a 26.8% compound annual growth rate (CAGR), from $292.43M to $958M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

HNI HNI Goodwill

Goodwill at other companies

SPX TechnologiesSPXC

$1.25B+31.1%

GriffonGFF

$191.25M-42.0%

Worthington EnterprisesWOR

$499.49M+35.7%

Resideo Technologies, Inc.REZI

$3.1B+0.4%

Patrick IndustriesPATK

$839.72M+4.7%

Lennox InternationalLII

$503.7M+129%

Segments

By segment

See full

Workplace furnishings$677.7M+138%

Residential building products$222.4M—

Other financials

Income statement

See full

Revenue$1.3B+125%

Gross profit$499.9M+110%

Operating income-$36.4M-249%

Net income-$38.8M-379%

EPS (diluted)-$0.55-290%

Balance sheet

See full

Cash & equivalents$80.3M+281%

Total debt$1.7B+213%

Total equity$1.8B+121%

Total assets$4.8B+157%

Cash flow

See full

Operating cash flow-$171.8M-1,463%

CapEx$35.7M+119%

Free cash flow-$207.5M-5,508%

Valuation

See full

Market cap$2.47B+32.5%

Enterprise value$4.11B+70.0%

P/E38.2×-16.5×

P/S0.7×0.0×

Profitability

See full

Gross margin40.1%-0.8pp

Operating margin8.2%+1.0pp

Net margin5.5%+0.6pp

FCF margin0.1%-7.2pp

Returns & leverage

See full

Return on equity16.8%+1.2pp

Debt / equity1×+0.3×

Current ratio1.4×+0.2×

Where this comes from

Reported directly by HNI in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: HNI’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HNI's goodwill?: HNI (HNI) reported goodwill of $835.4M in Q1 2026.
How has HNI's goodwill changed year-over-year?: HNI's goodwill increased by 89.0% year-over-year, from $442.1M to $835.4M.
What is the long-term trend for HNI's goodwill?: Over 5 years (2020 to 2025), HNI's goodwill has grown at a 26.8% compound annual growth rate (CAGR), from $292.43M to $958M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.