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Companies / Industrials / HNI Corporation
HNI

HNI Corporation

IndustrialsFurniture & Building
Ticker HNIMUSCATINE, IAFiscal year ends JanuaryBook value per share $25.92Diluted shares 72.1M

HNI Corporation (NYSE: HNI) manufactures workplace furnishings and residential building products, serving businesses, government, education, health care, hospitality, homebuilders and homeowners. Its Workplace Furnishings segment offers office furniture systems, seating, tables, architectural products, storage and… From the company’s description.

Over the twelve months to Oct 3, 2026, HNI Corporation reported revenue of $5.30B, up 104.4% from a year earlier, and net income of $53.10M. Its operating margin was 3.0%, and operations generated $240.70M in cash. In fiscal 2025, it reported revenue of $2.84B, up 12.4% from fiscal 2024, and net income of $54.20M.

Fiscal year 2025 · ends 01-02Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-10-03
Sales & profitability
$2.84BFY2025
+12.4% year over year
Last 12 mo $5.30B
4.44%FY2025
−3.7 percentage points
Last 12 mo 3.04%
$54.20MFY2025
−61.1% year over year
Last 12 mo $53.10M
2.95%FY2025
−14.2 percentage points
Last 12 mo 2.84%
Cash & financing
$276.30MFY2025
+21.9% year over year
Last 12 mo $240.70M
$208.50MFY2025
+20.0% year over year
Last 12 mo $132.70M
0.71FY2025
Was 0.43× a year earlier
Last 12 mo 0.73
48.9MFY2025
+0.8% year over year
Last 12 mo 72.1M

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 Corporation does

In the company’s own words

HNI Corporation (NYSE: HNI) manufactures workplace furnishings and residential building products, serving businesses, government, education, health care, hospitality, homebuilders and homeowners. Its Workplace Furnishings segment offers office furniture systems, seating, tables, architectural products, storage and collaborative furnishings, sold mainly through independent and company-owned dealers and office product distributors, as well as directly to customers. Brands include HON, Allsteel, Kimball, National, Steelcase and Designtex. Its Residential Building Products segment makes gas, wood, electric and pellet fireplaces, stoves, inserts and outdoor fire products, distributed through dealers, distributors and company-owned outlets under brands including Heat & Glo, Harman, Quadra-Fire and Vermont Castings. In fiscal 2025, net sales were $2.8 billion: $2.2 billion, or 76%, from workplace furnishings and $0.7 billion, or 24%, from residential products. The December 2025 acquisition of Steelcase added a global design and furniture business to HNI. The company employed approximately 19,500 people as of January 3, 2026. Its website is www.hnicorp.com.

Company details
Sector
Industrials
Industry (SIC)
Furniture & Building
Headquarters
MUSCATINE, IA
Fiscal year end
January
CIK
48287
SIC
2522

Financial performance, year by year

Fiscal 2011–2025 · USD
$-530.13M$1.06B$2.65B$4.24B$5.83B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The 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.

Ownership

Who owns HNI Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

299
funds hold it
0 of 35
superinvestors hold it
$1.36B
held by funds, at market
49.7%
of shares held by funds
3
bond issues held by funds

Largest fund holders · HNI Corporation’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.15%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.04%of fund net assets
Fidelity Low-Priced Stock Fund
FLPSX · Fidelity Puritan Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

HNI Corporation’s bonds, as funds hold them

Funds report holding 3 issues of HNI Corporation’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.

Connected research

Put this business in context.

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  • “How do HNI Corporation and its peers compare on margins and cash generation over ten years?”
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