MILLERKNOLL INC (MLKN) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:MLKN • US6005441000

21.71 USD
+0.92 (+4.43%)
At close: Feb 4, 2026
21.71 USD
0 (0%)
After Hours: 2/4/2026, 8:00:01 PM
Fundamental Rating

4

MLKN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 80 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of MLKN while its profitability can be described as average. MLKN has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • MLKN had positive earnings in the past year.
  • MLKN had a positive operating cash flow in the past year.
  • In multiple years MLKN reported negative net income over the last 5 years.
  • MLKN had a positive operating cash flow in 4 of the past 5 years.
MLKN Yearly Net Income VS EBIT VS OCF VS FCFMLKN 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 2025 0 100M -100M 200M 300M

1.2 Ratios

  • The Return On Assets of MLKN (-0.64%) is comparable to the rest of the industry.
  • MLKN has a Return On Equity of -1.95%. This is comparable to the rest of the industry: MLKN outperforms 45.00% of its industry peers.
  • With a decent Return On Invested Capital value of 5.77%, MLKN is doing good in the industry, outperforming 61.25% of the companies in the same industry.
  • MLKN had an Average Return On Invested Capital over the past 3 years of 5.11%. This is significantly below the industry average of 10.58%.
  • The 3 year average ROIC (5.11%) for MLKN is below the current ROIC(5.77%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.64%
ROE -1.95%
ROIC 5.77%
ROA(3y)0.7%
ROA(5y)1.96%
ROE(3y)2%
ROE(5y)4.84%
ROIC(3y)5.11%
ROIC(5y)5.74%
MLKN Yearly ROA, ROE, ROICMLKN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20 25

1.3 Margins

  • MLKN's Operating Margin of 5.91% is in line compared to the rest of the industry. MLKN outperforms 55.00% of its industry peers.
  • In the last couple of years the Operating Margin of MLKN has declined.
  • Looking at the Gross Margin, with a value of 38.67%, MLKN is in the better half of the industry, outperforming 63.75% of the companies in the same industry.
  • MLKN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 5.91%
PM (TTM) N/A
GM 38.67%
OM growth 3Y74.09%
OM growth 5Y-7.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.18%
GM growth 5Y1.14%
MLKN Yearly Profit, Operating, Gross MarginsMLKN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MLKN is destroying value.
  • Compared to 1 year ago, MLKN has less shares outstanding
  • The number of shares outstanding for MLKN has been increased compared to 5 years ago.
  • Compared to 1 year ago, MLKN has a worse debt to assets ratio.
MLKN Yearly Shares OutstandingMLKN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
MLKN Yearly Total Debt VS Total AssetsMLKN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • An Altman-Z score of 1.85 indicates that MLKN is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • MLKN's Altman-Z score of 1.85 is in line compared to the rest of the industry. MLKN outperforms 50.00% of its industry peers.
  • The Debt to FCF ratio of MLKN is 16.18, which is on the high side as it means it would take MLKN, 16.18 years of fcf income to pay off all of its debts.
  • MLKN's Debt to FCF ratio of 16.18 is in line compared to the rest of the industry. MLKN outperforms 51.25% of its industry peers.
  • MLKN has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
  • MLKN has a worse Debt to Equity ratio (1.02) than 66.25% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF 16.18
Altman-Z 1.85
ROIC/WACC0.72
WACC8.06%
MLKN Yearly LT Debt VS Equity VS FCFMLKN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

2.3 Liquidity

  • MLKN has a Current Ratio of 1.67. This is a normal value and indicates that MLKN is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of MLKN (1.67) is better than 61.25% of its industry peers.
  • MLKN has a Quick Ratio of 1.67. This is a bad value and indicates that MLKN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of MLKN (0.95) is worse than 70.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.67
Quick Ratio 0.95
MLKN Yearly Current Assets VS Current LiabilitesMLKN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

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

4

3. Growth

3.1 Past

  • The earnings per share for MLKN have decreased by -5.42% in the last year.
  • MLKN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
  • Looking at the last year, MLKN shows a small growth in Revenue. The Revenue has grown by 4.34% in the last year.
  • MLKN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.10% yearly.
EPS 1Y (TTM)-5.42%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%-21.82%
Revenue 1Y (TTM)4.34%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%-1.57%

3.2 Future

  • Based on estimates for the next years, MLKN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.16% on average per year.
  • The Revenue is expected to grow by 5.16% on average over the next years.
EPS Next Y-0.62%
EPS Next 2Y8.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.87%
Revenue Next 2Y5.16%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
MLKN Yearly Revenue VS EstimatesMLKN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B
MLKN Yearly EPS VS EstimatesMLKN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 11.31, the valuation of MLKN can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of MLKN indicates a rather cheap valuation: MLKN is cheaper than 87.50% of the companies listed in the same industry.
  • MLKN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.25.
  • The Price/Forward Earnings ratio is 9.52, which indicates a very decent valuation of MLKN.
  • MLKN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MLKN is cheaper than 91.25% of the companies in the same industry.
  • MLKN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.50.
Industry RankSector Rank
PE 11.31
Fwd PE 9.52
MLKN Price Earnings VS Forward Price EarningsMLKN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MLKN is valued cheaper than 82.50% of the companies in the same industry.
  • MLKN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MLKN is cheaper than 75.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 17.94
EV/EBITDA 7.28
MLKN Per share dataMLKN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.16%
EPS Next 3YN/A

More info and screens

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

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.86%, MLKN has a reasonable but not impressive dividend return.
  • MLKN's Dividend Yield is rather good when compared to the industry average which is at 0.83. MLKN pays more dividend than 91.25% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, MLKN pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.86%

5.2 History

  • The dividend of MLKN has a limited annual growth rate of 3.87%.
  • MLKN has been paying a dividend for at least 10 years, so it has a reliable track record.
  • MLKN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.87%
Div Incr Years0
Div Non Decr Years4
MLKN Yearly Dividends per shareMLKN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8

5.3 Sustainability

  • MLKN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
  • The dividend of MLKN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-201.18%
EPS Next 2Y8.16%
EPS Next 3YN/A
MLKN Yearly Income VS Free CF VS DividendMLKN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M

More info and screens

Find the best dividend stocksShow peers with best dividend

MILLERKNOLL INC

NASDAQ:MLKN (2/4/2026, 8:00:01 PM)

After market: 21.71 0 (0%)

21.71

+0.92 (+4.43%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)12-17
Earnings (Next)03-24
Inst Owners93.89%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner Change4.31%
Market Cap1.49B
Revenue(TTM)3.75B
Net Income(TTM)-25.40M
Analysts43.33
Price Target32.64 (50.35%)
Short Float %2.63%
Short Ratio2.54
Dividend
Industry RankSector Rank
Dividend Yield 3.86%
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP-201.18%
Div Incr Years0
Div Non Decr Years4
Ex-Date02-27
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.08%
Min EPS beat(2)3.66%
Max EPS beat(2)28.5%
EPS beat(4)3
Avg EPS beat(4)16.23%
Min EPS beat(4)-1.96%
Max EPS beat(4)34.71%
EPS beat(8)6
Avg EPS beat(8)9.74%
EPS beat(12)10
Avg EPS beat(12)15.58%
EPS beat(16)14
Avg EPS beat(16)15.66%
Revenue beat(2)1
Avg Revenue beat(2)1.07%
Min Revenue beat(2)-0.71%
Max Revenue beat(2)2.85%
Revenue beat(4)2
Avg Revenue beat(4)-0.29%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)3.2%
Revenue beat(8)2
Avg Revenue beat(8)-2.01%
Revenue beat(12)3
Avg Revenue beat(12)-2.02%
Revenue beat(16)4
Avg Revenue beat(16)-1.88%
PT rev (1m)0%
PT rev (3m)-8.57%
EPS NQ rev (1m)2.29%
EPS NQ rev (3m)9.84%
EPS NY rev (1m)1.06%
EPS NY rev (3m)4.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.11%
Valuation
Industry RankSector Rank
PE 11.31
Fwd PE 9.52
P/S 0.4
P/FCF 17.94
P/OCF 7.19
P/B 1.14
P/tB N/A
EV/EBITDA 7.28
EPS(TTM)1.92
EY8.84%
EPS(NY)2.28
Fwd EY10.51%
FCF(TTM)1.21
FCFY5.57%
OCF(TTM)3.02
OCFY13.91%
SpS54.72
BVpS18.97
TBVpS-7.63
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.63
Profitability
Industry RankSector Rank
ROA -0.64%
ROE -1.95%
ROCE 6.76%
ROIC 5.77%
ROICexc 6.1%
ROICexgc 14.85%
OM 5.91%
PM (TTM) N/A
GM 38.67%
FCFM 2.21%
ROA(3y)0.7%
ROA(5y)1.96%
ROE(3y)2%
ROE(5y)4.84%
ROIC(3y)5.11%
ROIC(5y)5.74%
ROICexc(3y)5.46%
ROICexc(5y)6.8%
ROICexgc(3y)14.1%
ROICexgc(5y)15.3%
ROCE(3y)5.99%
ROCE(5y)6.73%
ROICexgc growth 3Y74.29%
ROICexgc growth 5Y-13.91%
ROICexc growth 3Y76.25%
ROICexc growth 5Y-17.97%
OM growth 3Y74.09%
OM growth 5Y-7.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.18%
GM growth 5Y1.14%
F-Score5
Asset Turnover0.95
Health
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF 16.18
Debt/EBITDA 3.63
Cap/Depr 87.2%
Cap/Sales 3.31%
Interest Coverage 250
Cash Conversion 56.89%
Profit Quality N/A
Current Ratio 1.67
Quick Ratio 0.95
Altman-Z 1.85
F-Score5
WACC8.06%
ROIC/WACC0.72
Cap/Depr(3y)60.28%
Cap/Depr(5y)59.82%
Cap/Sales(3y)2.38%
Cap/Sales(5y)2.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.42%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%-21.82%
EPS Next Y-0.62%
EPS Next 2Y8.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.34%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%-1.57%
Revenue Next Year5.87%
Revenue Next 2Y5.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y19.86%
EBIT growth 3Y69.93%
EBIT growth 5Y0.2%
EBIT Next Year60.24%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-72.25%
FCF growth 3YN/A
FCF growth 5Y-7.82%
OCF growth 1Y-45.78%
OCF growth 3YN/A
OCF growth 5Y-1.15%

MILLERKNOLL INC / MLKN FAQ

What is the fundamental rating for MLKN stock?

ChartMill assigns a fundamental rating of 4 / 10 to MLKN.


Can you provide the valuation status for MILLERKNOLL INC?

ChartMill assigns a valuation rating of 6 / 10 to MILLERKNOLL INC (MLKN). This can be considered as Fairly Valued.


Can you provide the profitability details for MILLERKNOLL INC?

MILLERKNOLL INC (MLKN) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for MLKN stock?

The Price/Earnings (PE) ratio for MILLERKNOLL INC (MLKN) is 11.31 and the Price/Book (PB) ratio is 1.14.


Can you provide the expected EPS growth for MLKN stock?

The Earnings per Share (EPS) of MILLERKNOLL INC (MLKN) is expected to decline by -0.62% in the next year.