HNI
$45.96-0.26%
HNI CorporationStock · Consumer DiscretionaryRussell 2000 · 0.09% of IWMUS Stock Market · 0.004% of VTIRussell 3000 · 0.004% of IWV
HNI financial statements
The full income statement, balance sheet, and cash-flow statement for HNI Corporation (HNI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 47.1M2024-09 47.8M2024-12 47.0M2025-03 46.6M2025-06 45.8M2025-09 45.8M2026-01 71.3M2026-04 72.0M2026-07 72.2M+53.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofJan 3 ’26 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofJan 1 ’22 | |
| Revenue | 2.84B+12.4% | 2.53B+3.8% | 2.43B+3.1% | 2.36B+8.1% | 2.18B+11.7% | |
| 1.18B+13.8% | 1.03B+9.0% | 948M+13.6% | 835M+10.2% | 757M+5.0% | ||
| Cost of revenue | 1.66B+11.4% | 1.49B+0.5% | 1.49B-2.7% | 1.53B+7.0% | 1.43B+15.6% | |
| Research & development | 56.6M+5.6% | 53.6M+13.6% | 47.2M-1.3% | 47.8M+21.3% | 39.4M+11.6% | |
| Selling, general & administrative | 937M+14.2% | 821M+6.3% | 772M+6.7% | 723M+8.7% | 666M+7.2% | |
| Amortization of intangibles | 12.2M+16.2% | 10.5M+23.5% | 8.50M+30.8% | 6.50M+0.0% | 6.50M+30.0% | |
| Operating income | 126M-39.0% | 207M+128.7% | 90.3M-41.8% | 155M+81.7% | 85.4M+39.1% | |
| Interest expense | — | — | — | — | 7.15M+2.3% | |
| Other non-operating income | 400K | 0.00 | 0.00 | — | — | |
| Equity-method income | 600K | — | — | — | — | |
| Pre-tax income | 90.8M-49.4% | 179M+176.7% | 64.8M-55.7% | 146M+87.0% | 78.3M+43.9% | |
| Income tax | 36.5M-8.3% | 39.8M+155.1% | 15.6M-30.7% | 22.5M+21.6% | 18.5M+48.0% | |
| 54.2M-61.1% | 140M+183.5% | 49.2M-60.3% | 124M+107.2% | 59.8M+42.7% | ||
| Net income to non-controlling interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| $1.11-61.5% | $2.88+164.2% | $1.09-62.9% | $2.94+116.2% | $1.36+38.8% | ||
| EPS (basic) | $1.13-61.7% | $2.95+165.8% | $1.11-62.6% | $2.97+115.2% | $1.38+40.8% | |
| Weighted-avg shares (basic) | 47.9M+1.1% | 47.4M+6.5% | 44.5M+6.7% | 41.7M-3.9% | 43.4M+1.6% | |
| Weighted-avg shares (diluted) | 48.9M+0.8% | 48.5M+6.8% | 45.4M+7.6% | 42.2M-4.1% | 44.0M+2.3% | |
| Dividends per share | $1.35+3.1% | $1.31+2.3% | $1.28+0.8% | $1.27+2.4% | $1.24+1.6% | |
| Balance Sheet | as ofJan 3 ’26 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofJan 1 ’22 | |
| 1.41B+170.4% | 522M-2.6% | 536M+14.2% | 469M-10.4% | 524M+5.6% | ||
| Cash & equivalents | 209M+935.6% | 20.2M-30.1% | 28.9M+66.1% | 17.4M-66.7% | 52.3M-55.0% | |
| Short-term investments | 6.50M+1.6% | 6.40M+14.3% | 5.60M+180.0% | 2.00M+42.9% | 1.40M-17.0% | |
| Accounts receivable | — | — | 247M+13.1% | 218M-9.0% | 240M+15.4% | |
| Inventory | 475M+144.6% | 194M-1.2% | 197M+9.2% | 180M-0.8% | 182M+31.8% | |
| Prepaid expenses | 151M+174.9% | 54.9M-10.4% | 61.3M+12.7% | 54.4M+6.5% | 51.1M+35.7% | |
| 4.88B+160.5% | 1.88B-2.8% | 1.93B+36.4% | 1.41B-5.6% | 1.50B+5.6% | ||
| Property, plant & equipment | 1.14B+114.7% | 530M-4.6% | 555M+57.5% | 353M-3.9% | 367M+0.2% | |
| Operating lease right-of-use | 275M+125.4% | 122M+5.7% | 115M+30.3% | 88.4M+6.6% | 82.9M+18.1% | |
| Goodwill | 958M+116.7% | 442M+0.2% | 441M+44.2% | 306M+2.9% | 297M+1.7% | |
| Intangible assets | 426M+219.7% | 133M-17.7% | 162M+36.6% | 118M-19.8% | 148M+5.5% | |
| Long-term investments | 30.2M+40.5% | 21.5M+11.4% | 19.3M+56.9% | 12.3M-14.6% | 14.4M+7.4% | |
| Deferred tax assets | 37.7M+3327.3% | 1.10M+22.2% | 900K+28.6% | 700K+0.0% | 700K+15.3% | |
| Other non-current assets | 348M+451.7% | 63.0M+7.9% | 58.4M+9.8% | 53.2M+23.4% | 43.1M+104.0% | |
| 1.14B+138.6% | 478M+3.0% | 464M+17.4% | 395M-22.0% | 506M+15.3% | ||
| Accounts payable | 380M+99.8% | 190M-1.7% | 194M+17.2% | 165M-29.3% | 234M+22.7% | |
| Accrued liabilities | 1.02B+159.8% | 391M-6.6% | 419M+13.9% | 368M-22.4% | 474M+14.5% | |
| Deferred revenue | 103M+144.4% | 42.1M+18.3% | 35.6M+30.4% | 27.3M+0.4% | 27.2M+28.9% | |
| Short-term & current debt | 16.2M-67.8% | 50.3M+570.7% | 7.50M+476.9% | 1.30M-59.4% | 3.20M+280.5% | |
| Current lease liability | 64.4M+129.2% | 28.1M+8.5% | 25.9M+27.6% | 20.3M-11.0% | 22.8M+14.2% | |
| Other current liabilities | 38.2M+1560.9% | 2.30M-68.5% | 7.30M+247.6% | 2.10M-46.2% | 3.90M+30.4% | |
| Finance lease liability (current) | 4.20M-25.0% | 5.60M+27.3% | 4.40M+18.9% | 3.70M+32.1% | 2.80M+76.2% | |
| 3.05B+194.7% | 1.03B-11.3% | 1.17B+46.3% | 798M-12.1% | 908M+9.7% | ||
| Long-term debt | 1.28B+333.9% | 294M-31.3% | 428M+126.9% | 189M+8.1% | 175M+0.0% | |
| Non-current lease liability | 225M+104.9% | 110M+5.4% | 104M+31.8% | 78.9M+23.7% | 63.8M+19.8% | |
| Operating lease liability (total) | 289M+110.0% | 138M+5.9% | 130M+30.9% | 99.2M+14.6% | 86.6M+18.2% | |
| Finance lease liability (total) | 11.5M-20.7% | 14.5M+17.9% | 12.3M+7.9% | 11.4M+12.4% | 10.1M+66.1% | |
| Finance lease liability | 7.30M-18.0% | 8.90M+12.7% | 7.90M+2.6% | 7.70M+4.1% | 7.40M+63.9% | |
| Deferred tax liabilities | 181M+152.7% | 71.6M-15.9% | 85.1M+39.5% | 61.0M-18.7% | 75.0M+0.4% | |
| Other non-current liabilities | 220M+202.3% | 72.9M-6.5% | 78.0M+17.6% | 66.3M-17.8% | 80.7M-0.7% | |
| 1.84B+118.5% | 840M+10.3% | 761M+23.5% | 617M+4.6% | 590M-0.1% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | — | — | |
| Common stock | 71.3M+51.1% | 47.2M+0.6% | 46.9M+13.3% | 41.4M-2.8% | 42.6M-0.7% | |
| Additional paid-in capital | 1.17B+480.8% | 202M-0.0% | 202M+310.6% | 49.1M+25.3% | 39.2M+1.4% | |
| Retained earnings | 590M-1.5% | 600M+14.5% | 524M-1.9% | 534M+3.8% | 515M-0.7% | |
| Accumulated other comprehensive income | 3.50M+142.2% | -8.30M+21.7% | -10.6M-32.5% | -8.00M-17.6% | -6.80M+25.7% | |
| Non-controlling interest | 0.00-100.0% | 300K+0.0% | 300K+0.0% | 300K+0.0% | 300K-8.0% | |
| Total equity incl. non-controlling | 1.84B+118.4% | 840M+10.3% | 762M+23.5% | 617M+4.5% | 590M-0.1% | |
| Total liabilities & equity | 4.88B+160.5% | 1.88B-2.8% | 1.93B+36.4% | 1.41B-5.6% | 1.50B+5.6% | |
| Common shares outstanding | 71.3M+51.1% | 47.2M+0.6% | 46.9M+13.3% | 41.4M-2.8% | 42.6M-0.7% | |
| Shares outstanding (cover) | 71.3M+51.6% | 47.0M+0.3% | 46.9M+13.2% | 41.4M-2.2% | 42.3M-1.4% | |
| Cash Flow | as ofJan 3 ’26 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofJan 1 ’22 | |
| 276M+21.9% | 227M-15.3% | 268M+229.4% | 81.2M-38.3% | 132M-38.6% | ||
| Depreciation & amortization | 107M-0.6% | 108M+13.6% | 94.9M+12.7% | 84.2M+1.3% | 83.1M+6.9% | |
| Intangible amortization | 12.2M+16.2% | 10.5M+23.5% | 8.50M+30.8% | 6.50M+0.0% | 6.50M+30.0% | |
| Share-based compensation | 24.7M+42.0% | 17.4M+5.5% | 16.5M+83.3% | 9.00M-30.2% | 12.9M+65.4% | |
| Deferred income taxes | 33.7M+355.3% | -13.2M-1220.0% | -1.00M+93.7% | -15.9M-3875.0% | -400K+96.7% | |
| -444M-770.4% | -51.0M+88.5% | -445M-4057.0% | -10.7M+90.4% | -111M-10.6% | ||
| Capital expenditure | 67.8M+28.2% | 52.9M-33.1% | 79.1M+15.6% | 68.4M+2.9% | 66.5M+59.1% | |
| Free cash flow | 209M+20.0% | 174M-7.7% | 188M+1371.9% | 12.8M-80.3% | 65.1M-62.3% | |
| Acquisitions | 390M | 0.00-100.0% | 370M+3143.0% | 11.4M-74.4% | 44.6M-23.5% | |
| Purchases of investments | 2.80M-12.5% | 3.20M-43.9% | 5.70M+103.6% | 2.80M-17.6% | 3.40M-19.0% | |
| Other investing activities | -4.10M-925.0% | -400K+75.0% | -1.60M | 0.00+100.0% | -200K+33.3% | |
| 363M+299.3% | -182M-196.5% | 189M+279.1% | -105M-24.7% | -84.5M-68.7% | ||
| Long-term debt issued | 1.30B+295.1% | 328M-52.0% | 684M+65.3% | 414M+8178.0% | 5.00M-94.0% | |
| Long-term debt repaid | 0.00-100.0% | 100M | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 3.80M-92.6% | 51.2M+2126.1% | 2.30M-51.1% | 4.70M-84.9% | 31.1M+284.0% | |
| Common stock repurchased | 83.6M+27.1% | 65.8M+21833.3% | 300K-99.5% | 65.2M+10.1% | 59.2M+770.6% | |
| Dividends paid | 63.1M-0.8% | 63.6M+8.7% | 58.5M+10.0% | 53.2M-1.1% | 53.8M+3.3% | |
| Other financing activities | -12.5M-212.5% | -4.00M+33.3% | -6.00M-50.0% | -4.00M+21.6% | -5.10M-950.0% | |
| Net change in cash | 195M+3153.1% | -6.40M-155.7% | 11.5M+133.0% | -34.8M+45.5% | -63.9M-199.8% | |
| Interest paid | 25.3M-11.8% | 28.7M+8.3% | 26.5M+188.0% | 9.20M+21.1% | 7.60M+1.3% | |
| Income taxes paid | 23.8M-48.8% | 46.5M+86.0% | 25.0M-19.6% | 31.1M+17.8% | 26.4M-15.9% | |
| Valuation Ratios | as ofJan 3 ’26 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofJan 1 ’22 | |
| Market cap | 1.95B-19.7% | 2.43B+24.8% | 1.95B+65.7% | 1.18B-35.8% | 1.83B+24.4% | |
| P/E | 13.8×-29.8% | 19.6×-56.8% | 45.4×+347.2% | 10.2×-58.9% | 24.7×+12.3% | |
| P/S | 0.8×-20.6% | 0.9×+13.1% | 0.8×+70.9% | 0.5×-42.6% | 0.9×+16.6% | |
| P/B | 2.3×-18.7% | 2.9×+9.2% | 2.6×+35.6% | 1.9×-33.3% | 2.9×+13.3% | |
| P/FCF | 10.3×-6.4% | 11.0×-28.1% | 15.3×-87.5% | 122.5×+582.7% | 17.9×+141.9% | |
| Earnings yield | 7.3%+42.4% | 5.1%+131.4% | 2.2%-77.6% | 9.8%+143.2% | 4.0%-11.0% | |
| FCF yield | 9.7%+6.8% | 9.1%+39.0% | 6.5%+701.0% | 0.82%-85.4% | 5.6%-58.7% | |
| Dividend yield | 3.2%+23.1% | 2.6%-15.8% | 3.1%-31.5% | 4.5%+51.5% | 2.9%-16.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: HNI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HNI filings on SEC EDGAR → Not investment advice.