Company research
HNI CORP
CIK 48287Updated Sep 27, 2026
SecurityHNI · NYSE · equity
Name history
HON INDUSTRIES INC · through May 4, 2004
HNI price & chart
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NYSE:HNI on TradingView ↗About the company
HNI Corporation (NYSE: HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is the thought leader in commercial furnishings and the preeminent global designer, innovator, and provider of workplace solutions going to market under unique brands serving multiple channels and customers from the largest multinational companies to small local businesses. The Residential Building Products segment is the nation's leading manufacturer and marketer of hearth products, which include a full array of gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. More information can be found on the Corporation's website at www.hnicorp.com.
In the news
Halper Sadeh LLC Encourages IMXI, HNI, SCS Shareholders to Contact the Firm to Discuss Their Rights News provided by Halper Sadeh LLP Nov 12, 2025, 12:00 ET Share this article Share to X Share this article Share to X Shareholders should contact the firm immediately as there may be limited time to en ↗
Halper Sadeh LLC Encourages AL, HNI, SCS, GES Shareholders to Contact the Firm to Discuss Their Rights News provided by Halper Sadeh LLP Nov 06, 2025, 12:00 ET Share this article Share to X Share this article Share to X Shareholders should contact the firm immediately as there may be limited time to ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 4,885,000,000Source | 1,875,100,000Source | 1,928,800,000Source | 1,414,500,000Source |
| Property, Plant and Equipment, NetUSD | 1,137,200,000Source | 529,600,000Source | 555,200,000Source | 352,500,000Source |
| GoodwillUSD | 958,000,000Source | 442,100,000Source | 441,000,000Source | 305,900,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 209,200,000Source | 22,500,000Source | 28,900,000Source | 17,400,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | 247,100,000Source | 218,400,000Source |
| Inventory, NetUSD | 475,300,000Source | 194,300,000Source | 196,600,000Source | 180,100,000Source |
| Assets, CurrentUSD | 1,411,900,000Source | 524,500,000Source | 535,900,000Source | 469,200,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 150,900,000Source | 54,900,000Source | 61,300,000Source | 54,400,000Source |
| Operating Lease, Right-of-Use AssetUSD | 274,500,000Source | 121,800,000Source | 115,200,000Source | 88,400,000Source |
| Other Assets, NoncurrentUSD | 347,600,000Source | 60,700,000Source | 58,400,000Source | 53,200,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,049,500,000Source | 1,034,700,000Source | — | — |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | — |
| Common Stock, Value, IssuedUSD | 71,300,000Source | 47,200,000Source | 46,900,000Source | 41,400,000Source |
| Retained Earnings (Accumulated Deficit)USD | 590,400,000Source | 599,600,000Source | 523,600,000Source | 534,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 3,500,000Source | -8,300,000Source | -10,600,000Source | -8,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,835,600,000Source | 840,100,000Source | 761,400,000Source | 616,500,000Source |
| Additional Paid in Capital, Common StockUSD | 1,170,300,000Source | 201,500,000Source | 201,600,000Source | 49,100,000Source |
| Liabilities and EquityUSD | 4,885,000,000Source | 1,875,100,000Source | 1,928,800,000Source | 1,414,500,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,139,300,000Source | 477,500,000Source | 463,700,000Source | 395,100,000Source |
| Operating Lease, Liability, CurrentUSD | 64,400,000Source | 28,100,000Source | 25,900,000Source | 20,300,000Source |
| Operating Lease, Liability, NoncurrentUSD | 224,600,000Source | 109,600,000Source | 104,000,000Source | 78,900,000Source |
| Deferred Income Tax Liabilities, NetUSD | 180,900,000Source | 71,600,000Source | 85,100,000Source | 61,000,000Source |
| Other Liabilities, NoncurrentUSD | 220,400,000Source | 72,900,000Source | 78,000,000Source | 66,300,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 0Source | 300,000Source | 300,000Source | 300,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 143,200,000Source | 70,600,000Source | 84,200,000Source | 60,400,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 16,200,000Source | 50,300,000Source | 7,500,000Source | 1,300,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,276,900,000Source | 294,300,000Source | 428,300,000Source | 188,800,000Source |
| Short-term InvestmentsUSD | 6,500,000Source | 6,400,000Source | 5,600,000Source | 2,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 54,200,000Source | 139,500,000Source | 49,200,000Source | 123,900,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 107,100,000Source | 107,800,000Source | 94,900,000Source | 84,200,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 24,700,000Source | 17,400,000Source | 16,500,000Source | 9,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 33,700,000Source | -13,200,000Source | -1,000,000Source | -15,900,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 276,300,000Source | 226,700,000Source | 267,500,000Source | 81,200,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 390,300,000Source | 0Source | 369,700,000Source | 11,400,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -443,900,000Source | -51,000,000Source | -444,800,000Source | -10,700,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -4,100,000Source | -400,000Source | -1,600,000Source | 0Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 83,600,000Source | 65,800,000Source | 300,000Source | 65,200,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 363,100,000Source | -182,200,000Source | 188,800,000Source | -105,400,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -12,500,000Source | -11,600,000Source | -2,800,000Source | -4,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 195,400,000Source | -6,400,000Source | 11,500,000Source | -34,800,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 217,900,000Source | 22,500,000Source | 28,900,000Source | 17,400,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 25,300,000Source | 28,700,000Source | 26,500,000Source | 9,200,000Source |
| Income Taxes Paid, NetUSD | 23,800,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 24,700,000Source | 17,400,000Source | 16,500,000Source | 9,000,000Source |
| Amortization of Intangible AssetsUSD | 12,200,000Source | 10,500,000Source | 8,500,000Source | 6,500,000Source |
| Capitalized Computer Software, AmortizationUSD | 18,700,000Source | 20,400,000Source | 21,600,000Source | 24,400,000Source |
| DepreciationUSD | 76,200,000Source | 76,900,000Source | 64,700,000Source | 53,300,000Source |
| Gain (Loss) on Disposition of AssetsUSD | -6,600,000Source | 0Source | 0Source | 50,400,000Source |
| GoodwillUSD | 958,000,000Source | 442,100,000Source | 441,000,000Source | 305,900,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | 27,600,000Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | 600,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 36,500,000Source | 39,800,000Source | 15,600,000Source | 22,500,000Source |
| Net Income (Loss) Attributable to ParentUSD | 54,200,000Source | 139,500,000Source | 49,200,000Source | 123,900,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 0Source | 0Source |
| Other Nonoperating Income (Expense)USD | 400,000Source | — | — | — |
| Payments to Acquire InvestmentsUSD | 2,800,000Source | 3,200,000Source | 5,700,000Source | 2,800,000Source |
| Proceeds from Issuance of Common StockUSD | 3,800,000Source | 51,200,000Source | 2,300,000Source | 4,700,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 1,296,700,000Source | 328,200,000Source | 684,000,000Source | 413,900,000Source |
| Proceeds from Stock Options ExercisedUSD | 1,600,000Source | 49,400,000Source | 8,100,000Source | 2,100,000Source |
| Restructuring CostsUSD | 21,100,000Source | 11,200,000Source | 45,700,000Source | 15,500,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,839,000,000Source | 2,526,400,000Source | 2,434,000,000Source | 2,361,800,000Source |
| Cost of RevenueUSD | 1,662,900,000Source | 1,493,000,000Source | 1,485,700,000Source | 1,526,900,000Source |
| Selling, General and Administrative ExpenseUSD | 937,000,000Source | 820,700,000Source | 813,200,000Source | 723,400,000Source |
| Operating Income (Loss)USD | 126,000,000Source | 206,500,000Source | 90,300,000Source | 155,200,000Source |
| Other Nonoperating Income (Expense)USD | 400,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 90,800,000Source | 179,300,000Source | 64,800,000Source | 146,400,000Source |
| Income Tax Expense (Benefit)USD | 36,500,000Source | 39,800,000Source | 15,600,000Source | 22,500,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | 54,200,000Source | 139,500,000Source | 49,200,000Source | 123,900,000Source |
| Earnings Per Share, BasicUSD per share | 1.13Source | 2.95Source | 1.11Source | 2.97Source |
| Earnings Per Share, DilutedUSD per share | 1.11Source | 2.88Source | 1.09Source | 2.94Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 47,900,000Source | 47,400,000Source | 44,500,000Source | 41,700,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 48,900,000Source | 48,500,000Source | 45,400,000Source | 42,200,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 12,200,000Source | 10,500,000Source | 8,500,000Source | 6,500,000Source |
| Business Combination, Acquisition Related CostsUSD | 94,600,000Source | — | — | — |
| Capitalized Computer Software, AmortizationUSD | 18,700,000Source | 20,400,000Source | 21,600,000Source | 24,400,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.35Source | 1.31Source | 1.28Source | 1.27Source |
| Current Income Tax Expense (Benefit)USD | 2,800,000Source | 53,100,000Source | 16,600,000Source | 38,500,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | 27,600,000Source | — |
| Gross ProfitUSD | 1,176,100,000Source | 1,033,400,000Source | 948,300,000Source | 834,900,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 94,500,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 600,000Source | — | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | -35,600,000Source | -27,200,000Source | -25,500,000Source | -8,800,000Source |
| Interest Revenue (Expense), NetUSD | — | — | -25,500,000Source | -8,800,000Source |
| Research and Development ExpenseUSD | 56,600,000Source | 53,600,000Source | 47,200,000Source | 47,800,000Source |
| Restructuring CostsUSD | 21,100,000Source | 11,200,000Source | 45,700,000Source | 15,500,000Source |
Offerings
Registration 333-290205
Filing attachments
ef20062485_ex99-1.htm · 8-K · 2026-01-08
EX-99.1 2 ef20062485_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 HNI Corporation 600 East Second Street, Muscatine, Iowa 52761, Tel 563 272 7400, Fax 563 272 7347, hnicorp.com News Release For Information, Contact: VP Berger, Executive Vice President and Chief Financial Officer (563) 272-7927 Matthew S. McCall, Vice President, Investor Relations and Corporate Development (563) 275-8898 HNI Corporation Announces Plant Consolidation MUSCATINE, Iowa -- January 8, 2026 -- HNI Corporation …
Read attachment ↗ny20053296x1_ex99-2.htm · S-4 · 2025-09-12
EX-99.2 6 ny20053296x1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 PRELIMINARY - SUBJECT TO COMPLETION Signature [PLEASE SIGN WITHIN BOX] Date Signature (Joint Owners) Date TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: KEEP THIS PORTION FOR YOUR RECORDS DETACH AND RETURN THIS PORTION ONLY THIS PROXY CARD IS VALID ONLY WHEN SIGNED. V79577-TBD 2. Proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Steelcase’s named executive of…
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