HNI CORP
HNI Corporation (NYSE: HNI) is a manufacturer of workplace furnishings and residential building products serving commercial, government, education, and healthcare customers across North America, Europe, and Asia. The company maintains its corporate headquarters in Muscatine, Iowa and operates through two reportable… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What HNI CORP does
In the company’s own words
HNI Corporation (NYSE: HNI) is a manufacturer of workplace furnishings and residential building products serving commercial, government, education, and healthcare customers across North America, Europe, and Asia. The company maintains its corporate headquarters in Muscatine, Iowa and operates through two reportable segments: Workplace Furnishings and Residential Building Products.
The Workplace Furnishings segment, which generated 76 percent of fiscal 2025 net sales of $2.8 billion, designs and manufactures panel-based and freestanding furniture systems, seating, benching, tables, architectural products, storage, and collaborative items. The company operates as a market leader in this space through a portfolio of widely recognized brands including HON, Kimball, Allsteel, Steelcase, Coalesse, National, and Smith System, among others. Products are distributed through independent dealers, company-owned dealers, national office product distributors, and direct sales channels to end-user customers and government entities.
The Residential Building Products segment, contributing 24 percent of fiscal 2025 sales, manufactures and markets hearth products including gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, and outdoor fire products under brands such as Heat & Glo, Heatilator, Majestic, Vermont Castlings, and Harman. These products are sold through independent dealers, distributors, and company-owned retail outlets. The company holds the position of North America's largest manufacturer and marketer of hearth products.
In December 2025, HNI acquired Steelcase Inc., a global design and furniture company, for $1.9 billion in cash and stock consideration, significantly expanding its workplace furnishings capabilities and geographic reach. As of January 3, 2026, the corporation employed approximately 19,500 persons across manufacturing and distribution operations in the United States, Mexico, Czech Republic, France, Germany, Spain, United Kingdom, China, India, and Malaysia. The company's strategy emphasizes customer-first mindset, effortless buying experiences, and operational excellence through lean manufacturing principles. Additional information is available at www.hnicorp.com.
Company details
- Sector
- Consumer Discretionary
- Industry
- Furniture & Building
- Headquarters
- MUSCATINE, IA
- Fiscal year end
- January
- CIK
- 48287
- SIC
- 2522
Financial performance, year by year
Fiscal 2011–2026 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns HNI CORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · HNI CORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
HNI CORP’s bonds, as funds hold them
Funds report holding 3 issues of HNI CORP’s debt, $68.85M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.13%, maturing 2029 to 2029.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do HNI CORP and its peers compare on margins and cash generation over ten years?”
- “Where did five years of HNI CORP's earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in HNI CORP's last four quarterly filings that the numbers alone won't show?”