HNI

HNI Corporation

Fundamental data last updated:September 3, 2026

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company profile

SECTOR

Industrials

industry

Business Equipment & Supplies

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

 


VALUATION

P/E

1048.08

Market Cap ($M USD)

$1.72B

Forward P/E

4.54

PEG

0.00

PRICE TO SALES

0.48

PRICE TO BOOK

0.83

EV / EBITDA

9.55

5-Year Average P/E

Free Cash Flow Yield

0.45%

DCF Value

$51.32

Graham Number

$5.12

Price to FCF

220.08

EV to FCF

432.41

Earnings Yield

0.10%

FCF Yield

0.45%

DIVIDEND

Yield

4.31%

Annual Payout

$1.37

Payout Ratio

5250.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.03

Next Year EPS Growth Estimate

$6.99

Next Year Revenue Growth Estimate

$7.57B

Return on Equity (ROE)

0.11%

FREE CASH FLOW

Operating Margin

5.47%

Debt-to-Equity

0.89

Piotroski F-Score

6

Altman Z-Score

1.47

Return on Invested Capital (ROIC)

5.11%

Current Ratio

1.39

Quick Ratio

0.86

Net Debt to EBITDA

4.69

Interest Coverage

3.97

Gross Profit margin

38.73%

FCF PER SHARE

$0.17

REVENUE PER SHARE

$77.64

Gainseekers Quantitative Analysis

Summary

HNI Corporation’s valuation paints a complex picture. The market has priced it below its DCF value, suggesting potential undervaluation. However, a negative P/E ratio and an Altman Z-score of 1.42 raise red flags about financial distress. The forward P/E of 4.81 indicates optimism for future earnings, yet the negative earnings yield underscores current profitability challenges. This stock is a high-risk, high-reward play, teetering between potential growth and financial instability.

AI Exposure / Tech Reliance

In the realm of AI and tech adaptation, HNI Corporation operates within the Industrials sector, specifically in Business Equipment & Supplies. This positions it to leverage automation and smart technology in manufacturing and supply chain efficiencies. However, its traditional industry focus may require strategic pivots to fully capitalize on tech advancements.

The Bull Case

For the value-driven investor, HNI offers intriguing prospects. With a ROIC of 4.89%, the company demonstrates a moderate ability to generate returns on invested capital. The Piotroski F-Score of 4 suggests some financial health, while a gross profit margin of nearly 40% indicates strong pricing power. Despite a low FCF yield, the operating margin of 5.23% shows operational efficiency, making it a potential turnaround story for those with a long-term horizon.

The Bear Case

Yet, the bear case cannot be ignored. The negative EPS and a payout ratio of -477.27% highlight severe profitability issues. A net debt to EBITDA ratio of 5.89 signals significant leverage, while the EV to FCF ratio of 448.91 suggests poor cash flow generation. Trading far from its 52-week high, the stock's technical position is weak, raising questions about its ability to recover without substantial restructuring.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$95.00

Institutional Ownership %

1-Year Beta

1.00

Insider Buying % (6 Mo)

Distance to 52-Week High

67.79%

Distance to 52-Week Low

8.91%

EARNINGS SURPRISE %

9.68%

50-DAY SMA

$34.30

200-DAY SMA

$41.76

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.