Overview Dividends

(HNI) HNI - Ratings and Ratios

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

Workplace Furnishings, Residential Fireplaces

HNI EPS (Earnings per Share)

EPS Growth (3Y CAGR): 22.47%
EPS Trend (3Y Correlation): 49.4%

HNI Revenue

Revenue Growth (3Y CAGR): 4.95%
Revenue Trend (3Y Correlation): 49.9%

Risk via 10d forecast
Volatility	28.2%
Value at Risk 5%th	42.5%

Reward
Sharpe Ratio	-1.00
Alpha Jensen	-40.97

Character
Hurst Exponent	0.559
Beta	0.920

Drawdowns 3y
Max DD	29.90%
Mean DD	9.44%

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.

HNI Stock Overview

Market Cap in USD	1,809m
Sub-Industry	Office Services & Supplies
IPO / Inception	1990-03-26
Return 12m vs S&P 500	-37.8%
Analyst Rating	5.0 of 5

HNI Dividends

Dividend Yield	3.39%
Yield on Cost 5y	4.29%
Yield CAGR 5y	1.80%
Payout Consistency	98.6%
Payout Ratio	38.4%

HNI Growth Ratios

CAGR	13.71%
CAGR/Max DD Calmar Ratio	0.46
CAGR/Mean DD Pain Ratio	1.45
Current Volume	487.8k
Average Volume	508.5k

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (140.9m TTM) > 0 and > 6% of Revenue (6% = 155.9m TTM)

FCFTA 0.16 (>2.0%) and ΔFCFTA 4.88pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 5.15% (prev 3.61%; Δ 1.55pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.19 (>3.0%) and CFO 347.4m > Net Income 140.9m (YES >=105%, WARN >=100%)

Net Debt (438.7m) to EBITDA (357.4m) ratio: 1.23 <= 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 (47.1m) change vs 12m ago -2.28% (target <= -2.0% for YES)

Gross Margin 40.31% (prev 39.84%; Δ 0.48pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 137.3% (prev 134.1%; Δ 3.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 8.53 (EBITDA TTM 357.4m / Interest Expense TTM 24.9m) >= 6 (WARN >= 3)

Altman Z'' 3.05

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

(B) 0.34 = Retained Earnings (Balance) 630.0m / Total Assets 1.84b

(D) 0.67 = Book Value of Equity 675.4m / Total Liabilities 1.01b

Total Rating: 3.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 77.25

1. Piotroski 7.0pt = 2.0

2. FCF Yield 12.93% = 5.0

3. FCF Margin 11.13% = 2.78

4. Debt/Equity 0.55 = 2.35

5. Debt/Ebitda 1.23 = 1.43

6. ROIC - WACC (= 4.86)% = 6.08

7. RoE 16.94% = 1.41

8. Rev. Trend 49.85% = 3.74

9. EPS Trend 49.38% = 2.47

What is the price of HNI shares?

As of November 12, 2025, the stock is trading at USD 39.50 with a total of 487,816 shares traded.
Over the past week, the price has changed by -1.79%, over one month by -9.65%, over three months by -7.80% and over the past year by -28.21%.

Is HNI a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, HNI (NYSE:HNI) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 77.25 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HNI is around 38.36 USD . This means that HNI is currently overvalued and has a potential downside of -2.89%.

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	69.6%
Analysts Target Price	67	69.6%
ValueRay Target Price	42.5	7.5%

HNI Fundamental Data Overview November 10, 2025

Market Cap USD = 1.81b (1.81b USD * 1.0 USD.USD)
P/E Trailing = 13.2416
P/E Forward = 11.7786
P/S = 0.6976
P/B = 2.6639
P/EG = 1.1463
Beta = 0.92
Revenue TTM = 2.60b USD
EBIT TTM = 212.3m USD
EBITDA TTM = 357.4m USD
Long Term Debt = 444.4m USD (from longTermDebt, last quarter)
Short Term Debt = 34.4m USD (from shortTermDebt, last quarter)
Debt = 459.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 438.7m USD (from netDebt column, last quarter)
Enterprise Value = 2.24b USD (1.81b + Debt 459.4m - CCE 32.0m)
Interest Coverage Ratio = 8.53 (Ebit TTM 212.3m / Interest Expense TTM 24.9m)
FCF Yield = 12.93% (FCF TTM 289.1m / Enterprise Value 2.24b)
FCF Margin = 11.13% (FCF TTM 289.1m / Revenue TTM 2.60b)
Net Margin = 5.42% (Net Income TTM 140.9m / Revenue TTM 2.60b)
Gross Margin = 40.31% ((Revenue TTM 2.60b - Cost of Revenue TTM 1.55b) / Revenue TTM)
Gross Margin QoQ = 42.13% (prev 38.53%)
Tobins Q-Ratio = 1.21 (Enterprise Value 2.24b / Total Assets 1.84b)
Interest Expense / Debt = 1.57% (Interest Expense 7.20m / Debt 459.4m)
Taxrate = 28.22% (16.2m / 57.4m)
NOPAT = 152.4m (EBIT 212.3m * (1 - 28.22%))
Current Ratio = 1.33 (Total Current Assets 542.9m / Total Current Liabilities 409.0m)
Debt / Equity = 0.55 (Debt 459.4m / totalStockholderEquity, last quarter 835.9m)
Debt / EBITDA = 1.23 (Net Debt 438.7m / EBITDA 357.4m)
Debt / FCF = 1.52 (Net Debt 438.7m / FCF TTM 289.1m)
Total Stockholder Equity = 831.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.65% (Net Income 140.9m / Total Assets 1.84b)
RoE = 16.94% (Net Income TTM 140.9m / Total Stockholder Equity 831.5m)
RoCE = 16.64% (EBIT 212.3m / Capital Employed (Equity 831.5m + L.T.Debt 444.4m))
RoIC = 12.59% (NOPAT 152.4m / Invested Capital 1.21b)
WACC = 7.73% (E(1.81b)/V(2.27b) * Re(9.41%) + D(459.4m)/V(2.27b) * Rd(1.57%) * (1-Tc(0.28)))
Discount Rate = 9.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.74%
[DCF Debug] Terminal Value 77.13% ; FCFE base≈257.3m ; Y1≈317.5m ; Y5≈541.6m
Fair Price DCF = 157.0 (DCF Value 7.20b / Shares Outstanding 45.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 49.38 | EPS CAGR: 22.47% | SUE: -0.11 | # QB: 0
Revenue Correlation: 49.85 | Revenue CAGR: 4.95% | SUE: 2.02 | # QB: 2

Additional Sources for HNI Stock

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