Overview Dividends

(HNI) HNI - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4042511000

Workplace Furnishings, Residential Fireplaces

Office Services & Supplies
Market Cap in USD: 1,792m

IPO / Inception: 1990-03-26
Return 12m vs S&P 500: -35.2%

EPS (Earnings per Share)

EPS CAGR: 28.46%
EPS Trend: 50.5%

Last SUE: -0.11
Qual. Beats: 0

Revenue

Rev. CAGR: 3.41%
Rev. Trend: 49.3%

Last SUE: -0.32
Qual. Beats: 0

Dividends

Dividend Yield	3.27%
Yield on Cost 5y	4.19%
Yield CAGR 5y	1.80%
Payout Consistency	95.8%
Payout Ratio	38.4%

Risk via 10d forecast
Volatility	27.8%
Value at Risk 5%th	41.5%
Relative Tail Risk	-9.12%

Reward TTM
Sharpe Ratio	-0.91
Alpha	-36.33
CAGR/Max DD	0.52

Character TTM
Hurst Exponent	0.573
Beta	0.805
Beta Downside	0.682

Drawdowns 3y
Max DD	31.33%
Mean DD	9.78%
Median DD	7.19%

Description: HNI HNI November 11, 2025

HNI Corporation (NYSE:HNI) designs, manufactures, and markets workplace furnishings and residential building products across the United States and Canada, operating through two primary segments: Workplace Furnishings and Residential Building Products.

The Workplace Furnishings segment delivers a broad portfolio-including panel-based systems, seating, storage, and collaborative furniture-under brands such as HON, Allsteel, and Kimball, and sells through independent dealers, office product distributors, e-commerce resellers, and direct government contracts.

The Residential Building Products segment offers prefabricated fireplaces, inserts, hearth stoves, and outdoor fire features under names like Heatilator, Vermont Castings, and The Outdoor GreatRoom Company, distributing primarily via independent dealers, corporate-owned retail outlets, and specialty distributors.

Key recent metrics: FY 2023 revenue of roughly $1.8 billion, with the Workplace Furnishings segment contributing about 68% of sales; adjusted EBITDA margin of 12.3% versus a 10.8% five-year average, reflecting cost-discipline and pricing power; and a 4% YoY increase in residential fireplace shipments, driven by elevated home-improvement spending and a tight housing market. Macro-level drivers include the gradual return to office space (office-space utilization up ~3% YoY) and sustained consumer interest in home comfort products amid rising discretionary income.

For a deeper, data-rich view of HNI’s valuation dynamics, you may find ValueRay’s analyst toolkit useful for further exploration.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (134.6m TTM) > 0 and > 6% of Revenue (6% = 156.6m TTM)

FCFTA 0.17 (>2.0%) and ΔFCFTA 5.17pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 5.13% (prev 1.85%; Δ 3.28pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.20 (>3.0%) and CFO 374.3m > Net Income 134.6m (YES >=105%, WARN >=100%)

Net Debt (303.5m) to EBITDA (261.5m) ratio: 1.16 <= 3.0 (WARN <= 3.5)

Current Ratio 1.33 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (45.8m) change vs 12m ago -5.89% (target <= -2.0% for YES)

Gross Margin 40.72% (prev 39.97%; Δ 0.75pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 139.0% (prev 134.0%; Δ 4.97pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 5.75 (EBITDA TTM 261.5m / Interest Expense TTM 25.0m) >= 6 (WARN >= 3)

Altman Z'' 2.83

(A) 0.07 = (Total Current Assets 542.9m - Total Current Liabilities 409.0m) / Total Assets 1.84b

(B) 0.36 = Retained Earnings (Balance) 655.5m / Total Assets 1.84b

(D) 0.65 = Book Value of Equity 655.5m / Total Liabilities 1.01b

Total Rating: 2.83 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 73.06

1. Piotroski 7.0pt

2. FCF Yield 13.68%

3. FCF Margin 11.89%

4. Debt/Equity 0.59

5. Debt/Ebitda 1.16

6. ROIC - WACC (= 1.32)%

7. RoE 16.24%

8. Rev. Trend 49.26%

9. EPS Trend 50.54%

What is the price of HNI shares?

As of November 27, 2025, the stock is trading at USD 41.28 with a total of 558,434 shares traded.
Over the past week, the price has changed by +5.60%, over one month by -7.36%, over three months by -6.30% and over the past year by -25.93%.

Is HNI a buy, sell or hold?

HNI has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy HNI.

Strong Buy: 2
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the HNI price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	67	62.3%
Analysts Target Price	67	62.3%
ValueRay Target Price	42.8	3.7%

HNI Fundamental Data Overview November 20, 2025

Market Cap USD = 1.79b (1.79b USD * 1.0 USD.USD)
P/E Trailing = 13.1175
P/E Forward = 9.6154
P/S = 0.6911
P/B = 2.0989
P/EG = 1.0931
Beta = 0.92
Revenue TTM = 2.61b USD
EBIT TTM = 143.7m USD
EBITDA TTM = 261.5m USD
Long Term Debt = 324.2m USD (from longTermDebt, last quarter)
Short Term Debt = 84.0m USD (from shortTermDebt, last fiscal year)
Debt = 496.8m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 303.5m USD (from netDebt column, last quarter)
Enterprise Value = 2.27b USD (1.79b + Debt 496.8m - CCE 20.7m)
Interest Coverage Ratio = 5.75 (Ebit TTM 143.7m / Interest Expense TTM 25.0m)
FCF Yield = 13.68% (FCF TTM 310.2m / Enterprise Value 2.27b)
FCF Margin = 11.89% (FCF TTM 310.2m / Revenue TTM 2.61b)
Net Margin = 5.16% (Net Income TTM 134.6m / Revenue TTM 2.61b)
Gross Margin = 40.72% ((Revenue TTM 2.61b - Cost of Revenue TTM 1.55b) / Revenue TTM)
Gross Margin QoQ = 42.13% (prev 42.13%)
Tobins Q-Ratio = 1.23 (Enterprise Value 2.27b / Total Assets 1.84b)
Interest Expense / Debt = 1.45% (Interest Expense 7.20m / Debt 496.8m)
Taxrate = 28.22% (16.2m / 57.4m)
NOPAT = 103.1m (EBIT 143.7m * (1 - 28.22%))
Current Ratio = 1.33 (Total Current Assets 542.9m / Total Current Liabilities 409.0m)
Debt / Equity = 0.59 (Debt 496.8m / totalStockholderEquity, last quarter 835.9m)
Debt / EBITDA = 1.16 (Net Debt 303.5m / EBITDA 261.5m)
Debt / FCF = 0.98 (Net Debt 303.5m / FCF TTM 310.2m)
Total Stockholder Equity = 828.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.30% (Net Income 134.6m / Total Assets 1.84b)
RoE = 16.24% (Net Income TTM 134.6m / Total Stockholder Equity 828.9m)
RoCE = 12.46% (EBIT 143.7m / Capital Employed (Equity 828.9m + L.T.Debt 324.2m))
RoIC = 8.58% (NOPAT 103.1m / Invested Capital 1.20b)
WACC = 7.26% (E(1.79b)/V(2.29b) * Re(8.98%) + D(496.8m)/V(2.29b) * Rd(1.45%) * (1-Tc(0.28)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.98%
[DCF Debug] Terminal Value 78.46% ; FCFE base≈275.4m ; Y1≈339.7m ; Y5≈579.6m
Fair Price DCF = 180.5 (DCF Value 8.28b / Shares Outstanding 45.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 50.54 | EPS CAGR: 28.46% | SUE: -0.11 | # QB: 0
Revenue Correlation: 49.26 | Revenue CAGR: 3.41% | SUE: -0.32 | # QB: 0

Additional Sources for HNI Stock

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Fund Manager Positions: Dataroma | Stockcircle