HNI HNI Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 41.4%+0.5pp | 40.9%+1.9pp | 39%+3.6pp | 35.3%+0.7pp | |
| Free cash flow margin | 7.3%+0.5pp | 6.9%-0.9pp | 7.7%+7.2pp | 0.5%-2.4pp | |
| Efficiency | |||||
| Asset turnover | 0.8×-0.5× | 1.3×-0.1× | 1.5×-0.2× | 1.6×+0.1× | |
| Inventory turnover | 5×-2.7× | 7.6×-0.2× | 7.9×-0.6× | 8.4×-0.5× | |
| Liquidity | |||||
| Current ratio | 1.2×+0.1× | 1.1×-0.1× | 1.2×0.0× | 1.2×+0.2× | |
| Quick ratio | 0.8×+0.1× | 0.7×0.0× | 0.7×0.0× | 0.7×+0.1× | |
| Cash ratio | 0.2×+0.1× | 0×0.0× | 0.1×0.0× | 0×-0.1× | |
| Leverage | |||||
| Debt-to-equity | 0.9×+0.3× | 0.6×-0.2× | 0.8×+0.3× | 0.5×0.0× | |
| Debt-to-assets | 0.3×+0.1× | 0.3×0.0× | 0.3×+0.1× | 0.2×0.0× | |
| Per Share | |||||
| Book value per share | $37.54+117% | $17.32+3.3% | $16.77+14.8% | $14.61+9.0% | |
| Valuation | |||||
| Market capitalization | $3.39B+42.4% | $2.38B+24.3% | $1.92B+45.9% | $1.31B-28.1% | |
| Enterprise value | $4.77B+66.9% | $2.86B+15.8% | $2.47B+54.4% | $1.6B-22.0% | |
| Price / sales | 1.2×+0.3× | 0.9×+0.2× | 0.8×+0.2× | 0.6×-0.3× | |
| Price / book | 1.8×-1.0× | 2.8×+0.3× | 2.5×+0.4× | 2.1×-1.0× | |
| EV / sales | 1.7×+0.5× | 1.1×+0.1× | 1×+0.3× | 0.7×-0.3× | |
| Free cash flow yield | 6.1%-1.1pp | 7.3%-2.5pp | 9.8%+8.8pp | 1%-2.6pp | |
| Dividend yield | 1.9%-0.8pp | 2.7%-0.4pp | 3.1%-1.0pp | 4%+1.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are HNI's profit margins?
- HNI (HNI) runs a 40.1% gross margin and a 8.2% operating margin, with a 5.5% net margin.
- Where do HNI's ratios come from?
- Every ratio is computed from HNI's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.