← HNI CORP
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $23.3m | $76.8m | $52.1m | $116.1m | — | $17.4m | $28.9m | $22.5m | $209.2m | — | |
| Prepaid Expense and Other Assets, Current | $49.3m | $41.4m | $37.6m | $37.7m | — | $54.4m | $61.3m | $54.9m | $150.9m | — | |
| Short-term Investments | $2.0m | $1.3m | $1.1m | $1.7m | $1.7m | $2.0m | $5.6m | $6.4m | $6.5m | $6.5m | |
| Cash and cash equivalents | $23.3m | $76.8m | $52.1m | — | $116.1m | $52.3m | $28.9m | $22.5m | — | $209.2m | |
| Receivables | $258.6m | $255.2m | $274.6m | — | $208.0m | $240.0m | $247.1m | $248.4m | — | $571.1m | |
| Inventories, net | $155.7m | $157.2m | $163.5m | — | $137.8m | $181.6m | $196.6m | $194.3m | — | $475.3m | |
| Prepaid expenses and other current assets | $49.3m | $41.4m | $37.6m | — | $37.7m | $51.1m | $61.3m | $54.9m | — | $150.9m | |
| Inventory, Net | $155.7m | $157.2m | $163.5m | $137.8m | — | $180.1m | $196.6m | $194.3m | $475.3m | — | |
| Assets, Current | $488.9m | $531.9m | $528.8m | $495.7m | — | $469.2m | $535.9m | $524.5m | $1.4b | — | |
| Total Current Assets | $488.9m | $531.9m | $528.8m | — | $495.7m | $523.5m | $535.9m | $524.5m | — | $1.4b | |
| Property, Plant and Equipment, Net | $390.3m | $384.9m | $381.5m | $366.0m | $366.0m | $352.5m | $555.2m | $529.6m | $1.1b | $1.1b | |
| Goodwill | $279.5m | $270.8m | $270.8m | $292.4m | — | $305.9m | $441.0m | $442.1m | $958.0m | — | |
| Goodwill and Other Intangible Assets, net | $490.9m | $463.3m | $445.7m | — | $458.9m | $471.5m | $651.9m | $624.3m | — | $1.7b | |
| Operating Lease, Right-of-Use Asset | — | — | $72.9m | $70.2m | — | $88.4m | $115.2m | $121.8m | $274.5m | — | |
| Other Assets, Noncurrent | $21.3m | $20.2m | $21.3m | $20.5m | — | $53.2m | $58.4m | $60.7m | $347.6m | — | |
| Right-of-use - Finance Leases | — | — | $2.1m | — | $6.1m | $10.2m | $12.2m | $14.3m | — | $11.3m | |
| Right-of-use - Operating Leases | — | — | $72.9m | — | $70.2m | $82.9m | $115.2m | $121.8m | — | $274.5m | |
| Other Assets | $21.3m | $20.2m | $21.3m | — | $20.5m | $43.1m | $58.4m | $60.7m | — | $347.6m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $258.6m | $255.2m | $274.6m | $208.0m | — | $218.4m | $247.1m | — | — | — | |
| Allowance for credit losses | — | — | ($3.6m) | — | ($5.5m) | ($2.8m) | ($3.5m) | ($2.0m) | — | ($1.1m) | |
| Land and land improvements | $28.6m | $28.4m | $29.4m | — | $29.7m | $30.9m | $58.9m | $58.5m | — | $99.1m | |
| Buildings | $306.1m | $290.3m | $295.5m | — | $293.7m | $294.5m | $406.8m | $407.9m | — | $529.1m | |
| Machinery and equipment | $556.6m | $565.9m | $581.2m | — | $578.6m | $593.6m | $705.8m | $685.9m | — | $1.1b | |
| Construction in progress | $39.8m | $28.4m | $20.9m | — | $17.8m | $29.7m | $22.2m | $25.9m | — | $58.5m | |
| Less accumulated depreciation | $540.8m | $528.0m | $545.5m | — | $553.8m | ($581.9m) | ($638.5m) | ($648.6m) | — | ($678.0m) | |
| Current maturities of other long-term obligations | $2.9m | $4.8m | $1.9m | — | $3.0m | $3.9m | $7.3m | $2.3m | — | $38.2m | |
| Current lease obligations - Finance | — | — | $563k | — | $1.6m | $2.8m | $4.4m | $5.6m | — | $4.2m | |
| Current lease obligations - Operating | — | — | $22.2m | — | $20.0m | $22.8m | $25.9m | $28.1m | — | $64.4m | |
| Long-Term Lease Obligations - Finance | — | — | $1.6m | — | $4.5m | $7.4m | $7.9m | $8.9m | — | $7.3m | |
| Long-Term Lease Obligations - Operating | — | — | $58.2m | — | $53.2m | $63.8m | $104.0m | $109.6m | — | $224.6m | |
| Deferred Income Taxes | $76.9m | $82.2m | $87.2m | — | $74.7m | $75.0m | $85.1m | $71.6m | — | $180.9m | |
| Non-controlling interest | $509k | $326k | $324k | — | $326k | $323k | $300k | $300k | — | $0 | |
| Total Equity | $514.6m | $563.3m | $584.4m | — | $590.7m | $590.0m | $761.8m | $840.4m | — | $1.8b | |
| Total HNI Corporation shareholders’ equity | $514.1m | $562.9m | $584.0m | — | $590.4m | $589.6m | $761.4m | $840.1m | — | $1.8b | |
| Assets | $1.4b | $1.4b | $1.5b | $1.4b | — | $1.4b | $1.9b | $1.9b | $4.9b | — | |
| Total Assets | $1.4b | $1.4b | $1.5b | — | $1.4b | $1.5b | $1.9b | $1.9b | — | $4.9b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | $22.2m | $20.0m | — | $20.3m | $25.9m | $28.1m | $64.4m | — | |
| Operating Lease, Liability, Noncurrent | — | — | $58.2m | $53.2m | — | $78.9m | $104.0m | $109.6m | $224.6m | — | |
| Long-term Debt, Excluding Current Maturities | $240.0m | $249.4m | $174.4m | $174.5m | $174.5m | $188.8m | $428.3m | $294.3m | $1.3b | $1.3b | |
| Long-term Debt, Current Maturities | $36.6m | $679k | $790k | $841k | — | $1.3m | $7.5m | $50.3m | $16.2m | — | |
| Long-term Debt, Excluding Current Maturities | $240.0m | $249.4m | $174.4m | $174.5m | $174.5m | $188.8m | $428.3m | $294.3m | $1.3b | $1.3b | |
| Accounts payable and accrued expenses | $450.1m | $428.9m | $453.2m | — | $413.6m | $473.8m | $418.7m | $391.2m | — | $1.0b | |
| Current maturities of debt | — | — | $790k | — | $841k | $3.2m | $7.5m | $50.3m | — | $16.2m | |
| Liabilities, Current | $489.7m | $434.3m | $478.7m | $439.0m | — | $395.1m | $463.7m | $477.5m | $1.1b | — | |
| Total Current Liabilities | $489.7m | $434.3m | $478.7m | — | $439.0m | $506.4m | $463.7m | $477.5m | — | $1.1b | |
| Deferred Income Tax Liabilities, Net | $76.9m | $82.2m | $87.2m | $74.7m | — | $61.0m | $85.1m | $71.6m | $180.9m | — | |
| Other Liabilities, Noncurrent | $70.4m | $72.8m | $68.0m | $81.3m | — | $66.3m | $78.0m | $72.9m | $220.4m | — | |
| Other Long-Term Liabilities | $70.4m | $72.8m | $68.0m | — | $81.3m | $80.7m | $78.0m | $72.9m | — | $220.4m | |
| Deferred Tax Liabilities, Net | $76.7m | $80.6m | $87.0m | $74.1m | — | $60.4m | $84.2m | $70.6m | $143.2m | — | |
| Liabilities | — | — | — | — | — | — | — | $1.0b | $3.0b | — | |
| Total Liabilities | — | — | — | — | — | — | $1.2b | $1.0b | — | $3.0b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | — | — | — | — | — | — | — | $0 | $0 | — | |
| Common Stock, Value, Issued | $43.4m | $43.6m | $42.6m | $42.9m | — | $41.4m | $46.9m | $47.2m | $71.3m | — | |
| Retained Earnings (Accumulated Deficit) | $467.3m | $504.9m | $529.7m | $518.0m | $518.0m | $534.0m | $523.6m | $599.6m | $590.4m | $590.4m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($3.6m) | ($3.6m) | ($8.1m) | ($9.2m) | — | ($8.0m) | ($10.6m) | ($8.3m) | $3.5m | — | |
| Additional Paid in Capital, Common Stock | $7.0m | $18.0m | $19.8m | $38.7m | — | $49.1m | $201.6m | $201.5m | $1.2b | — | |
| Preferred stock - $1 par value, authorized 2.0 million shares, no shares outstanding | — | — | — | — | — | 0 | 0 | 0 | — | 0 | |
| Common stock - $1 par value, authorized 200.0 million shares, outstanding: January 3, 2026- 71.3 million shares; December 28, 2024 - 47.2 million shares | 43.4m | 43.6m | 42.6m | — | 42.9m | 42.6m | 46.9m | 47.2m | — | 71.3m | |
| Additional paid-in capital | $7.0m | $18.0m | $19.8m | — | $38.7m | $39.2m | $201.6m | $201.5m | — | $1.2b | |
| Accumulated other comprehensive income (loss) | ($3.6m) | ($3.6m) | ($8.1m) | — | ($9.2m) | ($6.8m) | ($10.6m) | ($8.3m) | — | $3.5m | |
| Stockholders' Equity Attributable to Parent | $514.1m | $562.9m | $584.0m | $590.4m | — | $616.5m | $761.4m | $840.1m | $1.8b | — | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $509k | $326k | $324k | $326k | — | $300k | $300k | $300k | $0 | — | |
| Liabilities and Equity | $1.4b | $1.4b | $1.5b | $1.4b | — | $1.4b | $1.9b | $1.9b | $4.9b | — | |
| Total Liabilities and Equity | $1.4b | $1.4b | $1.5b | — | $1.4b | $1.5b | $1.9b | $1.9b | — | $4.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.