HNI CORP (HNI) Stock Fundamental Analysis
NYSE:HNI • US4042511000
49.04 USD
-0.86 (-1.72%)
At close: Feb 23, 2026
49.04 USD
0 (0%)
After Hours: 2/23/2026, 8:04:00 PM
Taking everything into account, HNI scores 7 out of 10 in our fundamental rating. HNI was compared to 80 industry peers in the Commercial Services & Supplies industry. HNI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. HNI is valued quite cheap, while showing a decent growth score. This is a good combination! HNI also has an excellent dividend rating. With these ratings, HNI could be worth investigating further for value and dividend and quality investing!.
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.
- Each year in the past 5 years HNI has been profitable.
- HNI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- HNI has a better Return On Assets (7.68%) than 80.00% of its industry peers.
- HNI has a Return On Equity of 16.94%. This is in the better half of the industry: HNI outperforms 80.00% of its industry peers.
- HNI has a better Return On Invested Capital (12.16%) than 81.25% of its industry peers.
- HNI had an Average Return On Invested Capital over the past 3 years of 10.10%. This 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 Rank | Sector 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%
1.3 Margins
- With a decent Profit Margin value of 5.46%, HNI is doing good in the industry, outperforming 68.75% of the companies in the same industry.
- HNI's Profit Margin has improved in the last couple of years.
- HNI has a Operating Margin of 8.75%. This is in the better half of the industry: HNI outperforms 63.75% of its industry peers.
- In the last couple of years the Operating Margin of HNI has grown nicely.
- Looking at the Gross Margin, with a value of 41.49%, HNI is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
- In the last couple of years the Gross Margin of HNI has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- HNI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, HNI has more shares outstanding
- HNI has more shares outstanding than it did 5 years ago.
- HNI has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.76 indicates that HNI is not in any danger for bankruptcy at the moment.
- HNI has a better Altman-Z score (3.76) than 76.25% of its industry peers.
- HNI has a debt to FCF ratio of 1.80. This is a very positive value and a sign of high solvency as it would only need 1.80 years to pay back of all of its debts.
- The Debt to FCF ratio of HNI (1.80) is better than 83.75% of its industry peers.
- HNI has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.40, HNI perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 1.8 | ||
| Altman-Z | 3.76 |
ROIC/WACC1.47
WACC8.27%
2.3 Liquidity
- HNI has a Current Ratio of 1.33. This is a normal value and indicates that HNI is financially healthy and should not expect problems in meeting its short term obligations.
- HNI has a Current ratio of 1.33. This is comparable to the rest of the industry: HNI outperforms 45.00% of its industry peers.
- A Quick Ratio of 0.85 indicates that HNI may have some problems paying its short term obligations.
- With a Quick ratio value of 0.85, HNI is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
- The current and quick ratio evaluation for HNI is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.85 |
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.
- HNI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.47% yearly.
- Looking at the last year, HNI shows a small growth in Revenue. The Revenue has grown by 1.15% in the last year.
- 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
- Based on estimates for the next years, HNI will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.06% on average per year.
- HNI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 34.94% yearly.
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.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 13.93, which indicates a correct valuation of HNI.
- Compared to the rest of the industry, the Price/Earnings ratio of HNI indicates a rather cheap valuation: HNI is cheaper than 83.75% of the companies listed in the same industry.
- HNI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.64.
- Based on the Price/Forward Earnings ratio of 11.90, the valuation of HNI can be described as reasonable.
- Based on the Price/Forward Earnings ratio, HNI is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of HNI to the average of the S&P500 Index (27.75), we can say HNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.93 | ||
| Fwd PE | 11.9 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HNI is valued cheaper than 81.25% of the companies in the same industry.
- HNI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HNI is cheaper than 86.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.86 | ||
| EV/EBITDA | 7.86 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HNI has an outstanding profitability rating, which 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)0.81
PEG (5Y)4.01
EPS Next 2Y16.05%
EPS Next 3Y18.06%
5. Dividend
5.1 Amount
- HNI has a Yearly Dividend Yield of 2.71%.
- 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.
- Compared to an average S&P500 Dividend Yield of 1.80, HNI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
5.2 History
- The dividend of HNI has a limited annual growth rate of 3.58%.
- HNI has paid a dividend for at least 10 years, which is a reliable track record.
- HNI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.58%
Div Incr Years14
Div Non Decr Years26
5.3 Sustainability
- HNI pays out 44.63% of its income as dividend. This is a bit on the high side, but may be sustainable.
- HNI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP44.63%
EPS Next 2Y16.05%
EPS Next 3Y18.06%
49.04
-0.86 (-1.72%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)02-25 2026-02-25/bmo
Inst Owners94.88%
Inst Owner Change27.26%
Ins Owners1.61%
Ins Owner Change-5.67%
Market Cap2.25B
Revenue(TTM)2.59B
Net Income(TTM)141.60M
Analysts80
Price Target72.17 (47.17%)
Short Float %2.79%
Short Ratio1.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
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)5.6%
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)0%
Revenue NQ rev (3m)2.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.93 | ||
| Fwd PE | 11.9 | ||
| P/S | 0.87 | ||
| P/FCF | 11.86 | ||
| P/OCF | 8.99 | ||
| P/B | 2.69 | ||
| P/tB | 9.69 | ||
| EV/EBITDA | 7.86 |
EPS(TTM)3.52
EY7.18%
EPS(NY)4.12
Fwd EY8.4%
FCF(TTM)4.13
FCFY8.43%
OCF(TTM)5.46
OCFY11.13%
SpS56.57
BVpS18.24
TBVpS5.06
PEG (NY)0.81
PEG (5Y)4.01
Graham Number38
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 3.76 |
F-Score8
WACC8.27%
ROIC/WACC1.47
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 13.93 and the Price/Book (PB) ratio is 2.69.
How financially healthy is HNI CORP?
The financial health rating of HNI CORP (HNI) is 7 / 10.