What is Hni Corp's earnings per share (EPS)?

Hni Corp (HNI) reported diluted earnings per share of $1.11 for fiscal year 2026. This represents a -61.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hni Corp Financials

HNI

Source SEC Filings (10-K/10-Q) Updated Jan 3, 2026 Currency USD FYE January

This page shows Hni Corp (HNI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Earnings Quality Cash-Backed

5.10x

For every $1 of reported earnings, Hni Corp generates $5.10 in operating cash flow ($276.3M OCF vs $54.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$2.8B

YoY+12.4%

5Y CAGR+4.8%

10Y CAGR+3.3%

Hni Corp generated $2.8B in revenue in fiscal year 2026. This represents an increase of 12.4% from the prior year.

EBITDA

$233.1M

YoY-25.8%

5Y CAGR+0.4%

10Y CAGR+4.3%

Hni Corp's EBITDA was $233.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 25.8% from the prior year.

Net Income

$54.2M

YoY-61.1%

5Y CAGR-13.3%

10Y CAGR-1.6%

Hni Corp reported $54.2M in net income in fiscal year 2026. This represents a decrease of 61.1% from the prior year.

EPS (Diluted)

$1.11

YoY-61.5%

5Y CAGR-15.3%

10Y CAGR-2.2%

Hni Corp earned $1.11 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 61.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$208.5M

YoY+20.0%

5Y CAGR+6.5%

10Y CAGR+7.2%

Hni Corp generated $208.5M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 20.0% from the prior year.

Cash & Debt

N/A

Dividends Per Share

$1.35

YoY+3.1%

5Y CAGR+2.2%

10Y CAGR+3.5%

Hni Corp paid $1.35 per share in dividends in fiscal year 2026. This represents an increase of 3.1% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

41.4%

YoY+0.5pp

5Y CAGR+4.3pp

10Y CAGR+6.7pp

Hni Corp's gross margin was 41.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.

Operating Margin

4.4%

YoY-3.7pp

5Y CAGR-2.3pp

10Y CAGR-0.7pp

Hni Corp's operating margin was 4.4% in fiscal year 2026, reflecting core business profitability. This is down 3.7 percentage points from the prior year.

Net Margin

1.9%

YoY-3.6pp

5Y CAGR-3.0pp

10Y CAGR-1.2pp

Hni Corp's net profit margin was 1.9% in fiscal year 2026, showing the share of revenue converted to profit. This is down 3.6 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

$56.6M

YoY+5.6%

5Y CAGR+10.3%

10Y CAGR+7.6%

Hni Corp invested $56.6M in research and development in fiscal year 2026. This represents an increase of 5.6% from the prior year.

Share Buybacks

$83.6M

YoY+27.1%

5Y CAGR-0.1%

10Y CAGR+11.8%

Hni Corp spent $83.6M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 27.1% from the prior year.

Capital Expenditures

$67.8M

YoY+28.2%

5Y CAGR+0.3%

10Y CAGR+1.1%

Hni Corp invested $67.8M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 28.2% from the prior year.

HNI Income Statement

Metric	FY26	FY24	FY23	FY22	FY21	FY19
Revenue	$2.8B+12.4%	$2.5B+3.8%	$2.4B+3.1%	$2.4B+20.8%	$2.0B-13.0%	$2.2B
Cost of Revenue	$1.7B+11.4%	$1.5B+0.5%	$1.5B-2.7%	$1.5B+23.7%	$1.2B-12.7%	$1.4B
Gross Profit	$1.2B+13.8%	$1.0B+9.0%	$948.3M+13.6%	$834.9M+15.8%	$721.1M-13.5%	$833.8M
R&D Expenses	$56.6M+5.6%	$53.6M+13.6%	$47.2M-1.3%	$47.8M+35.4%	$35.3M+1.7%	$34.7M
SG&A Expenses	$937.0M+14.2%	$820.7M+6.3%	$772.0M+6.7%	$723.4M+16.5%	$620.9M-8.7%	$680.0M
Operating Income	$126.0M-39.0%	$206.5M+128.7%	$90.3M-41.8%	$155.2M+152.8%	$61.4M-59.4%	$151.3M
Interest Expense	N/A	N/A	N/A	$7.2M+2.3%	$7.0M-19.0%	$8.6M
Income Tax	$36.5M-8.3%	$39.8M+155.1%	$15.6M-30.7%	$22.5M+80.0%	$12.5M-61.2%	$32.2M
Net Income	$54.2M-61.1%	$139.5M+183.5%	$49.2M-60.3%	$123.9M+195.7%	$41.9M-62.1%	$110.5M
EPS (Diluted)	$1.11-61.5%	$2.88+164.2%	$1.09-62.9%	$2.94+200.0%	$0.98-61.4%	$2.54

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$888.3M+29.9%	$683.8M+2.5%	$667.1M+11.2%	$599.8M-6.6%	$642.5M-4.4%	$672.2M+7.8%	$623.7M+6.1%	$588.0M
Cost of Revenue	$524.9M+32.7%	$395.7M+3.9%	$380.9M+5.4%	$361.4M-5.4%	$382.1M-2.9%	$393.4M+8.6%	$362.4M+2.1%	$355.1M
Gross Profit	$363.4M+26.1%	$288.1M+0.7%	$286.2M+20.1%	$238.4M-8.5%	$260.5M-6.6%	$278.8M+6.7%	$261.3M+12.2%	$232.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$291.2M+30.8%	$222.7M+3.3%	$215.5M+3.8%	$207.6M+2.1%	$203.3M-2.4%	$208.4M+1.2%	$205.9M+1.4%	$203.1M
Operating Income	-$31.2M-148.3%	$64.6M-5.3%	$68.2M+179.5%	$24.4M-55.2%	$54.5M-20.9%	$68.9M+29.0%	$53.4M+79.8%	$29.7M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$1.5M-90.7%	$16.2M+17.4%	$13.8M+176.0%	$5.0M-55.4%	$11.2M-21.7%	$14.3M+43.0%	$10.0M+132.6%	$4.3M
Net Income	-$49.1M-219.2%	$41.2M-14.5%	$48.2M+246.8%	$13.9M-63.7%	$38.3M-19.4%	$47.5M+31.9%	$36.0M+103.4%	$17.7M
EPS (Diluted)	N/A	$0.88-13.7%	$1.02+251.7%	$0.29	N/A	$0.98+30.7%	$0.75+102.7%	$0.37

HNI Balance Sheet

Metric	FY26	FY24	FY23	FY22	FY21	FY19
Total Assets	N/A	$1.9B-2.8%	$1.9B+36.4%	$1.4B+0.6%	$1.4B-3.2%	$1.5B
Current Assets	N/A	$522.2M-2.6%	$535.9M+14.2%	$469.2M-3.4%	$485.6M-8.2%	$528.8M
Cash & Equivalents	N/A	$20.2M-30.1%	$28.9M+66.1%	$17.4M-81.5%	$94.3M+81.1%	$52.1M
Inventory	N/A	$194.3M-1.2%	$196.6M+9.2%	$180.1M+16.8%	$154.2M-5.7%	$163.5M
Accounts Receivable	N/A	N/A	$247.1M+13.1%	$218.4M	N/A	$278.1M
Goodwill	N/A	$442.1M+0.2%	$441.0M+44.2%	$305.9M+4.2%	$293.7M+8.4%	$270.8M
Total Liabilities	N/A	$1.0B-11.3%	$1.2B+46.3%	$797.7M+1.2%	$788.1M-9.2%	$868.5M
Current Liabilities	N/A	$477.5M+3.0%	$463.7M+17.4%	$395.1M+0.1%	$394.7M-17.6%	$478.7M
Long-Term Debt	N/A	$294.3M-31.3%	$428.3M+126.9%	$188.8M+8.2%	$174.5M+0.1%	$174.4M
Total Equity	N/A	$840.1M+10.3%	$761.4M+23.5%	$616.5M-0.2%	$617.4M+5.7%	$584.0M
Retained Earnings	N/A	$599.6M+14.5%	$523.6M-1.9%	$534.0M+2.8%	$519.6M-1.9%	$529.7M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$4.9B+165.1%	$1.8B-3.6%	$1.9B+2.9%	$1.9B-0.9%	$1.9B-2.0%	$1.9B-1.4%	$1.9B+1.5%	$1.9B
Current Assets	$1.4B+160.1%	$542.9M-9.2%	$597.6M+12.9%	$529.3M+1.4%	$522.2M-7.0%	$561.7M-1.1%	$568.1M+7.8%	$527.2M
Cash & Equivalents	$209.2M+910.6%	$20.7M-35.3%	$32.0M+51.7%	$21.1M+4.5%	$20.2M-41.1%	$34.3M+21.6%	$28.2M+4.4%	$27.0M
Inventory	$475.3M+144.4%	$194.5M-10.2%	$216.5M+5.6%	$205.0M+5.5%	$194.3M-7.6%	$210.3M-5.6%	$222.8M+5.0%	$212.1M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$958.0M+116.7%	$442.1M0.0%	$442.1M0.0%	$442.1M0.0%	$442.1M0.0%	$442.1M0.0%	$442.1M0.0%	$442.1M
Total Liabilities	$3.0B+202.8%	$1.0B-8.5%	$1.1B+4.4%	$1.1B+1.9%	$1.0B-3.0%	$1.1B-7.5%	$1.2B+1.0%	$1.1B
Current Liabilities	$1.1B+178.6%	$409.0M-0.4%	$410.7M-7.4%	$443.7M-7.1%	$477.5M-7.2%	$514.3M+8.5%	$474.2M+16.3%	$407.7M
Long-Term Debt	$1.3B+293.9%	$324.2M-27.0%	$444.4M+25.3%	$354.7M+20.5%	$294.3M-0.1%	$294.5M-28.5%	$411.7M-10.5%	$460.2M
Total Equity	$1.8B+119.6%	$835.9M+3.1%	$811.0M+0.9%	$803.6M-4.3%	$840.1M-0.8%	$846.6M+7.5%	$787.8M+2.1%	$771.5M
Retained Earnings	$590.4M	N/A	N/A	N/A	$599.6M	N/A	N/A	N/A

HNI Cash Flow Statement

Metric	FY26	FY24	FY23	FY22	FY21	FY19
Operating Cash Flow	$276.3M+21.9%	$226.7M-15.3%	$267.5M+229.4%	$81.2M-62.1%	$214.5M-2.2%	$219.4M
Capital Expenditures	$67.8M+28.2%	$52.9M-33.1%	$79.1M+15.6%	$68.4M+63.6%	$41.8M-37.5%	$66.9M
Free Cash Flow	$208.5M+20.0%	$173.8M-7.7%	$188.4M+1371.9%	$12.8M-92.6%	$172.7M+13.2%	$152.5M
Investing Cash Flow	-$443.9M-770.4%	-$51.0M+88.5%	-$444.8M-4057.0%	-$10.7M+89.3%	-$100.4M-59.6%	-$62.9M
Financing Cash Flow	$363.1M+299.3%	-$182.2M-196.5%	$188.8M+279.1%	-$105.4M-110.4%	-$50.1M+72.4%	-$181.2M
Dividends Paid	$63.1M-0.8%	$63.6M+8.7%	$58.5M+10.0%	$53.2M+2.1%	$52.1M-0.3%	$52.2M
Share Buybacks	$83.6M+27.1%	$65.8M+21833.3%	$300K-99.5%	$65.2M+858.8%	$6.8M-91.9%	$83.9M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	$77.4M-50.1%	$155.2M+399.0%	$31.1M+146.8%	$12.6M-75.4%	$51.2M-60.2%	$128.5M+150.5%	$51.3M+1293.0%	-$4.3M
Capital Expenditures	$17.0M-13.3%	$19.6M+30.7%	$15.0M-8.0%	$16.3M+68.0%	$9.7M-33.1%	$14.5M-17.1%	$17.5M+56.3%	$11.2M
Free Cash Flow	$60.4M-55.5%	$135.6M+742.2%	$16.1M+535.1%	-$3.7M-108.9%	$41.5M-63.6%	$114.0M+237.3%	$33.8M+318.1%	-$15.5M
Investing Cash Flow	-$405.8M-1959.9%	-$19.7M-217.7%	-$6.2M+49.2%	-$12.2M-31.2%	-$9.3M+37.2%	-$14.8M+9.2%	-$16.3M-53.8%	-$10.6M
Financing Cash Flow	$525.7M+458.1%	-$146.8M-898.6%	-$14.7M-1236.4%	-$1.1M+98.0%	-$53.7M+50.1%	-$107.7M-219.6%	-$33.7M-361.2%	$12.9M
Dividends Paid	$15.6M0.0%	$15.6M-0.6%	$15.7M-3.1%	$16.2M+3.2%	$15.7M-0.6%	$15.8M+1.9%	$15.5M-6.6%	$16.6M
Share Buybacks	$0-100.0%	$3.8M-90.4%	$39.4M-2.5%	$40.4M-1.5%	$41.0M+259.6%	$11.4M+5.6%	$10.8M+315.4%	$2.6M

HNI Financial Ratios

Metric	FY26	FY24	FY23	FY22	FY21	FY19
Gross Margin	41.4%+0.5pp	40.9%+1.9pp	39.0%+3.6pp	35.4%-1.5pp	36.9%-0.2pp	37.1%
Operating Margin	4.4%-3.7pp	8.2%+4.5pp	3.7%-2.9pp	6.6%+3.4pp	3.1%-3.6pp	6.7%
Net Margin	1.9%-3.6pp	5.5%+3.5pp	2.0%-3.2pp	5.3%+3.1pp	2.1%-2.8pp	4.9%
Return on Equity	N/A	16.6%+10.1pp	6.5%-13.6pp	20.1%+13.3pp	6.8%-12.1pp	18.9%
Return on Assets	N/A	7.4%+4.9pp	2.5%-6.2pp	8.8%+5.8pp	3.0%-4.6pp	7.6%
Current Ratio	N/A	1.09-0.1	1.16-0.0	1.19-0.0	1.23+0.1	1.10
Debt-to-Equity	N/A	0.35-0.2	0.56+0.3	0.31+0.0	0.28-0.0	0.30
FCF Margin	7.3%+0.5pp	6.9%-0.9pp	7.7%+7.2pp	0.5%-8.3pp	8.8%+2.0pp	6.8%

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	40.9%-1.2pp	42.1%-0.8pp	42.9%+3.1pp	39.8%-0.8pp	40.5%-0.9pp	41.5%-0.4pp	41.9%+2.3pp	39.6%
Operating Margin	-3.5%-13.0pp	9.4%-0.8pp	10.2%+6.2pp	4.1%-4.4pp	8.5%-1.8pp	10.3%+1.7pp	8.6%+3.5pp	5.1%
Net Margin	-5.5%-11.6pp	6.0%-1.2pp	7.2%+4.9pp	2.3%-3.6pp	6.0%-1.1pp	7.1%+1.3pp	5.8%+2.8pp	3.0%
Return on Equity	-2.7%-7.6pp	4.9%-1.0pp	5.9%+4.2pp	1.7%-2.8pp	4.6%-1.0pp	5.6%+1.0pp	4.6%+2.3pp	2.3%
Return on Assets	-1.0%-3.3pp	2.2%-0.3pp	2.5%+1.8pp	0.8%-1.3pp	2.0%-0.4pp	2.5%+0.6pp	1.8%+0.9pp	0.9%
Current Ratio	1.24-0.1	1.33-0.1	1.46+0.3	1.19+0.1	1.090.0	1.09-0.1	1.20-0.1	1.29
Debt-to-Equity	0.70+0.3	0.39-0.2	0.55+0.1	0.44+0.1	0.350.0	0.35-0.2	0.52-0.1	0.60
FCF Margin	6.8%-13.0pp	19.8%+17.4pp	2.4%+3.0pp	-0.6%-7.1pp	6.5%-10.5pp	17.0%+11.5pp	5.4%+8.1pp	-2.6%

Similar Companies

Patrick Inds Inc PATK

$3.7B

$1.9B

$1.1B

$3.5B

$1.5B

Frequently Asked Questions

What is Hni Corp's annual revenue?

Hni Corp (HNI) reported $2.8B in total revenue for fiscal year 2026. This represents a 12.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hni Corp's revenue growing?

Hni Corp (HNI) revenue grew by 12.4% year-over-year, from $2.5B to $2.8B in fiscal year 2026.

Is Hni Corp profitable?

Yes, Hni Corp (HNI) reported a net income of $54.2M in fiscal year 2026, with a net profit margin of 1.9%.

What is Hni Corp's EBITDA?

Hni Corp (HNI) had EBITDA of $233.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Hni Corp's gross margin?

Hni Corp (HNI) had a gross margin of 41.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Hni Corp's operating margin?

Hni Corp (HNI) had an operating margin of 4.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Hni Corp's net profit margin?

Hni Corp (HNI) had a net profit margin of 1.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Hni Corp pay dividends?

Yes, Hni Corp (HNI) paid $1.35 per share in dividends during fiscal year 2026.

What is Hni Corp's free cash flow?

Hni Corp (HNI) generated $208.5M in free cash flow during fiscal year 2026. This represents a 20.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hni Corp's operating cash flow?

Hni Corp (HNI) generated $276.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Hni Corp's capital expenditures?

Hni Corp (HNI) invested $67.8M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Hni Corp spend on research and development?

Hni Corp (HNI) invested $56.6M in research and development during fiscal year 2026.

Does Hni Corp buy back shares?

Yes, Hni Corp (HNI) spent $83.6M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Are Hni Corp's earnings high quality?

Hni Corp (HNI) has an earnings quality ratio of 5.10x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.