HNI CORP (HNI) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:HNI • US4042511000

51.79 USD
-0.76 (-1.45%)
At close: Feb 9, 2026
51.79 USD
0 (0%)
After Hours: 2/9/2026, 8:06:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

Overall HNI gets a fundamental rating of 7 out of 10. We evaluated HNI against 80 industry peers in the Commercial Services & Supplies industry. Both the health and profitability get an excellent rating, making HNI a very profitable company, without any liquidiy or solvency issues. HNI is valued quite cheap, while showing a decent growth score. This is a good combination! Finally HNI also has an excellent dividend rating. These ratings could make HNI a good candidate for value and dividend and quality investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year HNI was profitable.
  • In the past year HNI had a positive cash flow from operations.
  • In the past 5 years HNI has always been profitable.
  • Each year in the past 5 years HNI had a positive operating cash flow.
HNI Yearly Net Income VS EBIT VS OCF VS FCFHNI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

1.2 Ratios

  • With an excellent Return On Assets value of 7.68%, HNI belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
  • The Return On Equity of HNI (16.94%) is better than 80.00% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 12.16%, HNI belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for HNI is in line with the industry average of 10.58%.
  • The 3 year average ROIC (10.10%) for HNI is below the current ROIC(12.16%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.68%
ROE 16.94%
ROIC 12.16%
ROA(3y)6.25%
ROA(5y)5.14%
ROE(3y)14.39%
ROE(5y)12.08%
ROIC(3y)10.1%
ROIC(5y)9.3%
HNI Yearly ROA, ROE, ROICHNI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • HNI has a better Profit Margin (5.46%) than 67.50% of its industry peers.
  • HNI's Profit Margin has improved in the last couple of years.
  • HNI has a better Operating Margin (8.75%) than 63.75% of its industry peers.
  • In the last couple of years the Operating Margin of HNI has grown nicely.
  • HNI's Gross Margin of 41.49% is fine compared to the rest of the industry. HNI outperforms 72.50% of its industry peers.
  • In the last couple of years the Gross Margin of HNI has grown nicely.
Industry RankSector Rank
OM 8.75%
PM (TTM) 5.46%
GM 41.49%
OM growth 3Y23.18%
OM growth 5Y4.73%
PM growth 3Y26.35%
PM growth 5Y2.34%
GM growth 3Y5.48%
GM growth 5Y2.07%
HNI Yearly Profit, Operating, Gross MarginsHNI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HNI is still creating some value.
  • The number of shares outstanding for HNI has been increased compared to 1 year ago.
  • Compared to 5 years ago, HNI has more shares outstanding
  • HNI has a better debt/assets ratio than last year.
HNI Yearly Shares OutstandingHNI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
HNI Yearly Total Debt VS Total AssetsHNI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • An Altman-Z score of 3.81 indicates that HNI is not in any danger for bankruptcy at the moment.
  • HNI has a better Altman-Z score (3.81) than 76.25% of its industry peers.
  • The Debt to FCF ratio of HNI is 1.80, which is an excellent value as it means it would take HNI, only 1.80 years of fcf income to pay off all of its debts.
  • HNI has a Debt to FCF ratio of 1.80. This is amongst the best in the industry. HNI outperforms 82.50% of its industry peers.
  • A Debt/Equity ratio of 0.40 indicates that HNI is not too dependend on debt financing.
  • HNI has a Debt to Equity ratio of 0.40. This is comparable to the rest of the industry: HNI outperforms 57.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 1.8
Altman-Z 3.81
ROIC/WACC1.46
WACC8.35%
HNI Yearly LT Debt VS Equity VS FCFHNI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 1.33 indicates that HNI should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.33, HNI perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
  • A Quick Ratio of 0.85 indicates that HNI may have some problems paying its short term obligations.
  • HNI has a worse Quick ratio (0.85) than 75.00% of its industry peers.
  • HNI does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.33
Quick Ratio 0.85
HNI Yearly Current Assets VS Current LiabilitesHNI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • HNI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.04%, which is quite good.
  • The Earnings Per Share has been growing slightly by 3.47% on average over the past years.
  • HNI shows a small growth in Revenue. In the last year, the Revenue has grown by 1.15%.
  • Measured over the past years, HNI shows a small growth in Revenue. The Revenue has been growing by 2.37% on average per year.
EPS 1Y (TTM)11.04%
EPS 3Y23.61%
EPS 5Y3.47%
EPS Q2Q%6.8%
Revenue 1Y (TTM)1.15%
Revenue growth 3Y4.97%
Revenue growth 5Y2.37%
Sales Q2Q%1.73%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.06% on average over the next years. This is quite good.
  • Based on estimates for the next years, HNI will show a very strong growth in Revenue. The Revenue will grow by 34.94% on average per year.
EPS Next Y17.17%
EPS Next 2Y16.05%
EPS Next 3Y18.06%
EPS Next 5YN/A
Revenue Next Year4.87%
Revenue Next 2Y54.45%
Revenue Next 3Y34.94%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
HNI Yearly Revenue VS EstimatesHNI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B
HNI Yearly EPS VS EstimatesHNI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4 5

More info and screens

Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • HNI is valuated correctly with a Price/Earnings ratio of 14.71.
  • Compared to the rest of the industry, the Price/Earnings ratio of HNI indicates a rather cheap valuation: HNI is cheaper than 82.50% of the companies listed in the same industry.
  • HNI is valuated rather cheaply when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 12.57, the valuation of HNI can be described as correct.
  • Based on the Price/Forward Earnings ratio, HNI is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
  • HNI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
Industry RankSector Rank
PE 14.71
Fwd PE 12.57
HNI Price Earnings VS Forward Price EarningsHNI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • HNI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HNI is cheaper than 76.25% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, HNI is valued cheaply inside the industry as 86.25% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 12.53
EV/EBITDA 8.12
HNI Per share dataHNI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

  • HNI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The excellent profitability rating of HNI may justify a higher PE ratio.
  • HNI's earnings are expected to grow with 18.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.86
PEG (5Y)4.24
EPS Next 2Y16.05%
EPS Next 3Y18.06%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • HNI has a Yearly Dividend Yield of 2.65%.
  • HNI's Dividend Yield is rather good when compared to the industry average which is at 0.80. HNI pays more dividend than 88.75% of the companies in the same industry.
  • HNI's Dividend Yield is a higher than the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 2.65%

5.2 History

  • The dividend of HNI has a limited annual growth rate of 3.58%.
  • HNI has been paying a dividend for at least 10 years, so it has a reliable track record.
  • HNI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.58%
Div Incr Years14
Div Non Decr Years26
HNI Yearly Dividends per shareHNI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 44.63% of the earnings are spent on dividend by HNI. This is a bit on the high side, but may be sustainable.
  • The dividend of HNI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP44.63%
EPS Next 2Y16.05%
EPS Next 3Y18.06%
HNI Yearly Income VS Free CF VS DividendHNI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
HNI Dividend Payout.HNI Dividend Payout, showing the Payout Ratio.HNI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

HNI CORP

NYSE:HNI (2/9/2026, 8:06:02 PM)

After market: 51.79 0 (0%)

51.79

-0.76 (-1.45%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)10-28
Earnings (Next)02-25
Inst Owners94.88%
Inst Owner Change11.22%
Ins Owners1.61%
Ins Owner Change-12.57%
Market Cap2.37B
Revenue(TTM)2.59B
Net Income(TTM)141.60M
Analysts80
Price Target72.17 (39.35%)
Short Float %3.94%
Short Ratio2.26
Dividend
Industry RankSector Rank
Dividend Yield 2.65%
Yearly Dividend1.35
Dividend Growth(5Y)3.58%
DP44.63%
Div Incr Years14
Div Non Decr Years26
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.18%
Min EPS beat(2)1.98%
Max EPS beat(2)28.39%
EPS beat(4)4
Avg EPS beat(4)18.82%
Min EPS beat(4)1.98%
Max EPS beat(4)28.39%
EPS beat(8)8
Avg EPS beat(8)28.21%
EPS beat(12)12
Avg EPS beat(12)82.31%
EPS beat(16)16
Avg EPS beat(16)68.46%
Revenue beat(2)1
Avg Revenue beat(2)0.2%
Min Revenue beat(2)-1.78%
Max Revenue beat(2)2.18%
Revenue beat(4)2
Avg Revenue beat(4)-0.12%
Min Revenue beat(4)-3.18%
Max Revenue beat(4)2.31%
Revenue beat(8)3
Avg Revenue beat(8)-1.33%
Revenue beat(12)5
Avg Revenue beat(12)-0.8%
Revenue beat(16)8
Avg Revenue beat(16)-0.9%
PT rev (1m)5.6%
PT rev (3m)5.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.84%
Revenue NQ rev (1m)2.94%
Revenue NQ rev (3m)2.92%
Revenue NY rev (1m)0.79%
Revenue NY rev (3m)0.79%
Valuation
Industry RankSector Rank
PE 14.71
Fwd PE 12.57
P/S 0.92
P/FCF 12.53
P/OCF 9.49
P/B 2.84
P/tB 10.23
EV/EBITDA 8.12
EPS(TTM)3.52
EY6.8%
EPS(NY)4.12
Fwd EY7.96%
FCF(TTM)4.13
FCFY7.98%
OCF(TTM)5.46
OCFY10.53%
SpS56.57
BVpS18.24
TBVpS5.06
PEG (NY)0.86
PEG (5Y)4.24
Graham Number38
Profitability
Industry RankSector Rank
ROA 7.68%
ROE 16.94%
ROCE 15.82%
ROIC 12.16%
ROICexc 12.4%
ROICexgc 21.74%
OM 8.75%
PM (TTM) 5.46%
GM 41.49%
FCFM 7.31%
ROA(3y)6.25%
ROA(5y)5.14%
ROE(3y)14.39%
ROE(5y)12.08%
ROIC(3y)10.1%
ROIC(5y)9.3%
ROICexc(3y)10.32%
ROICexc(5y)9.75%
ROICexgc(3y)18.8%
ROICexgc(5y)18.69%
ROCE(3y)13.14%
ROCE(5y)12.1%
ROICexgc growth 3Y10.64%
ROICexgc growth 5Y-2.01%
ROICexc growth 3Y13.99%
ROICexc growth 5Y-0.96%
OM growth 3Y23.18%
OM growth 5Y4.73%
PM growth 3Y26.35%
PM growth 5Y2.34%
GM growth 3Y5.48%
GM growth 5Y2.07%
F-Score8
Asset Turnover1.41
Health
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 1.8
Debt/EBITDA 1.01
Cap/Depr 58.78%
Cap/Sales 2.34%
Interest Coverage 250
Cash Conversion 75.81%
Profit Quality 133.83%
Current Ratio 1.33
Quick Ratio 0.85
Altman-Z 3.81
F-Score8
WACC8.35%
ROIC/WACC1.46
Cap/Depr(3y)71.22%
Cap/Depr(5y)69.5%
Cap/Sales(3y)2.75%
Cap/Sales(5y)2.68%
Profit Quality(3y)172.64%
Profit Quality(5y)207.79%
High Growth Momentum
Growth
EPS 1Y (TTM)11.04%
EPS 3Y23.61%
EPS 5Y3.47%
EPS Q2Q%6.8%
EPS Next Y17.17%
EPS Next 2Y16.05%
EPS Next 3Y18.06%
EPS Next 5YN/A
Revenue 1Y (TTM)1.15%
Revenue growth 3Y4.97%
Revenue growth 5Y2.37%
Sales Q2Q%1.73%
Revenue Next Year4.87%
Revenue Next 2Y54.45%
Revenue Next 3Y34.94%
Revenue Next 5YN/A
EBIT growth 1Y1.25%
EBIT growth 3Y29.3%
EBIT growth 5Y7.21%
EBIT Next Year66.39%
EBIT Next 3Y53.55%
EBIT Next 5YN/A
FCF growth 1Y48.86%
FCF growth 3Y38.73%
FCF growth 5Y2.65%
OCF growth 1Y19.21%
OCF growth 3Y19.88%
OCF growth 5Y0.66%

HNI CORP / HNI FAQ

What is the fundamental rating for HNI stock?

ChartMill assigns a fundamental rating of 7 / 10 to HNI.


Can you provide the valuation status for HNI CORP?

ChartMill assigns a valuation rating of 8 / 10 to HNI CORP (HNI). This can be considered as Undervalued.


What is the profitability of HNI stock?

HNI CORP (HNI) has a profitability rating of 8 / 10.


What is the valuation of HNI CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for HNI CORP (HNI) is 14.71 and the Price/Book (PB) ratio is 2.84.


How financially healthy is HNI CORP?

The financial health rating of HNI CORP (HNI) is 7 / 10.