What is MillerKnoll's restructuring reserve?

MillerKnoll (MLKN) reported restructuring reserve of $5.8M in Q4 2024.

What does restructuring reserve mean?

This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.

MillerKnoll MLKN Restructuring Reserve

Discontinued — last reported Q3 '25

Restructuring Reserve at other companies

HNIHNI

$14.4M—

Mohawk IndustriesMHK

$17M+75.3%

Other financials

Income statement

See full

Revenue$926.6M+5.8%

Gross profit$352.9M+6.2%

Operating income$44.9M+155%

Net income$23.5M+285%

EPS (diluted)$0.34+279%

Balance sheet

See full

Cash & equivalents$174.6M+2.8%

Total debt$1.8B-2.1%

Total equity$1.3B+6.5%

Total assets$4.0B+1.4%

Cash flow

See full

Operating cash flow$61.1M-1.5%

CapEx$22.1M-4.7%

Free cash flow$39.0M+0.5%

Valuation

See full

Market cap$1.18B+15.3%

Enterprise value$2.82B+6.1%

P/E109.2×+67.4×

P/S0.3×0.0×

Profitability

See full

Gross margin38.7%-0.2pp

Operating margin5.3%+4.8pp

Net margin0.3%-0.6pp

FCF margin2.2%-1.3pp

Returns & leverage

See full

Return on equity0.8%-1.4pp

Debt / equity1.4×-0.1×

Current ratio1.6×0.0×

Where this comes from

Reported directly by MillerKnoll in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserve.

The official record: MillerKnoll’s 10-Q, filed March 31, 2025, on SEC EDGAR. View the filing →

Ask your AI about MillerKnoll's restructuring reserve.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is MillerKnoll's restructuring reserve?: MillerKnoll (MLKN) reported restructuring reserve of $5.8M in Q4 2024.
What does restructuring reserve mean?: This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.