15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.7% per year over the past 5 years.
Net income has grown slower than revenue (5.3% vs 7.7% per year).
Operating margin has expanded, at 4.4% in the latest year.
Free cash flow has grown 3.8% per year over the past 5 years.
Financial health
Total debt ($1.3B) exceeds cash ($209M); net debt is $1.1B.
Total debt has grown faster than revenue (49.1% vs 7.7% per year).
Total debt is 5.5× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 116.4% of earnings and 30.3% of free cash flow.
The dividend has grown 3.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$2.8B
$54M
41.4%
4.4%
$209M
$1.3B
$209M
2024
$2.5B
$140M
40.9%
8.2%
$174M
$345M
$20M
2023
$2.4B
$49M
39.0%
3.7%
$188M
$436M
$29M
2022
$2.4B
$124M
35.4%
6.6%
$13M
$190M
$17M
2022
$2.2B
$60M
34.7%
3.9%
$65M
$178M
$52M
2021
$2.0B
$42M
36.9%
3.1%
$173M
$175M
$116M
2019
$2.2B
$111M
37.1%
6.7%
$152M
$175M
$52M
2018
$2.3B
$93M
37.0%
5.7%
$123M
$250M
$77M
2017
$2.2B
$90M
36.0%
3.5%
$6M
$277M
$23M
2016
$2.2B
$86M
37.9%
6.1%
$104M
$214M
$36M
2016
—
$105M
—
—
$58M
$190M
$29M
2015
—
$61M
—
—
$55M
$198M
$34M
2013
—
$64M
—
—
$104M
$150M
$65M
2012
—
$49M
—
—
$105M
$155M
$42M
2011
—
$46M
—
—
$106M
$180M
$73M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Apr '26
$1.3B
-$39M
37.1%
-2.7%
-$208M
$1.4B
$71M
Jan '26
$888M
-$49M
40.9%
-3.5%
$60M
$1.3B
$209M
Sep '25
$684M
$41M
42.1%
9.4%
$136M
$324M
$21M
Jun '25
$667M
$48M
42.9%
10.2%
$16M
$444M
$32M
Mar '25
$600M
$14M
39.7%
4.1%
-$4M
$405M
$21M
Dec '24
$643M
$38M
40.5%
8.5%
$42M
$345M
$20M
Sep '24
$672M
$48M
41.5%
10.2%
$114M
$345M
$34M
Jun '24
$624M
$36M
41.9%
8.6%
$34M
$462M
$28M
Mar '24
$588M
$18M
39.6%
5.1%
-$16M
$473M
$27M
Dec '23
$680M
$23M
40.2%
4.5%
$89M
$436M
$29M
Sep '23
$712M
$38M
40.1%
8.0%
$101M
$509M
$24M
Jul '23
$564M
-$13M
38.2%
-0.6%
$1M
$598M
$24M
Apr '23
$479M
$2M
36.4%
1.3%
-$3M
$208M
$17M
Dec '22
$569M
$16M
36.5%
4.0%
$28M
$190M
$17M
Oct '22
$599M
$63M
35.0%
13.7%
$44M
$201M
$21M
Jul '22
$622M
$30M
35.5%
4.8%
-$1M
$310M
$20M
Apr '22
$572M
$14M
34.4%
3.6%
-$57M
$243M
$23M
Jan '22
$603M
$8M
32.2%
2.0%
$24M
$178M
$52M
Oct '21
$587M
$19M
33.3%
4.5%
$36M
$178M
$126M
Jul '21
$511M
$17M
36.8%
4.8%
$22M
$179M
$118M
Valuation over time
How the market has priced HNI against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 16.2× (Mar '23) to 51.9× (Jun '26).
The price-to-sales ratio has risen from 0.8× (Mar '23) to 1.0× (Jun '26).
The dividend yield has fallen from 2.7% (Mar '23) to 2.2% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is HNI growing its revenue and profit?
Over the past 5 years, Hni Corp's revenue has grown 7.7% per year, and net income grown 5.3% per year. These are computed facts, not advice.
How much debt does HNI have?
As of FY2026, Hni Corp reported $1.3B of total debt against $209M of cash.
What is HNI's profit margin?
In FY2026, gross margin was 41.4%, operating margin 4.4%, and net margin 1.9%.
What is HNI's P/E ratio?
As of Jun '26, Hni Corp traded at a price-to-earnings ratio of about 51.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.