← MILLERKNOLL, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $84.9m | $96.2m | $203.9m | $159.2m | $454.0m | $396.4m | $230.3m | — | — | — | |
| Prepaid Expense and Other Assets, Current | $28.5m | $30.4m | $41.3m | $47.6m | — | — | — | — | — | — | |
| Inventory, Net | $128.2m | $152.4m | $162.4m | $184.2m | $197.3m | $213.6m | $587.3m | $487.4m | $428.6m | $447.5m | |
| Assets, Current | $480.5m | $491.9m | $645.4m | $661.3m | $917.1m | $891.5m | $1.3b | $1.2b | $1.1b | $1.1b | |
| Property, Plant and Equipment, Net | $280.1m | $314.6m | $331.4m | $348.6m | $330.8m | $327.2m | $581.5m | $536.3m | $492.0m | $496.1m | |
| Goodwill | $305.3m | $304.5m | $304.1m | $303.8m | $346.0m | $364.2m | $1.2b | $1.2b | $1.2b | $1.2b | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $193.9m | $214.7m | $425.8m | $415.9m | $375.6m | $411.2m | |
| Other Assets, Noncurrent | — | — | — | — | $60.9m | $61.5m | $99.2m | $130.9m | $135.3m | $101.8m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $211.0m | $186.6m | $219.3m | $218.0m | $180.0m | $204.7m | $348.9m | $334.1m | $308.3m | $350.2m | |
| Accrued Liabilities, Current | $59.9m | $76.7m | $74.2m | — | — | — | — | — | — | — | |
| Deferred Compensation Equity | $1.1m | $1.0m | $700k | $800k | $300k | $200k | $0 | — | — | — | |
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | — | $100k | $100k | $0 | $100k | — | — | — | — | — | |
| Assets | $1.2b | $1.3b | $1.5b | $1.6b | $2.1b | $2.1b | $4.5b | $4.3b | $4.0b | $4.0b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | — | — | — | $79.9m | $77.1m | $67.2m | $72.0m | |
| Accounts Payable, Current | $165.6m | $148.4m | $171.4m | $177.7m | $128.8m | $178.4m | $355.1m | $269.5m | $241.4m | $271.3m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | $178.8m | $196.9m | $398.2m | $393.7m | $360.4m | $413.4m | |
| Long-term Debt, Excluding Current Maturities | $221.9m | $199.9m | $275.0m | $281.9m | $539.9m | $274.9m | $1.4b | $1.4b | $1.3b | $1.3b | |
| Liabilities, Current | $390.0m | $385.7m | $413.8m | $446.1m | $513.3m | $500.8m | $877.4m | $702.8m | $697.7m | $703.8m | |
| Other Liabilities, Noncurrent | $45.8m | $69.9m | $79.8m | $77.0m | $86.1m | $128.2m | $300.2m | $265.5m | $224.8m | $180.2m | |
| Deferred Tax Liabilities, Net | $74.4m | ($87.9m) | $64.7m | $63.3m | $123.7m | $137.2m | $398.7m | $381.6m | $353.4m | $332.1m | |
| Liabilities | $683.5m | $694.0m | $784.2m | $829.5m | $1.4b | $1.1b | $3.0b | $2.7b | $2.6b | $2.6b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $27.0m | $24.6m | $30.5m | $20.6m | $50.4m | $77.0m | $106.9m | $107.6m | $73.9m | $59.3m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $12.0m | $11.9m | $11.7m | $11.7m | $11.8m | $11.8m | $15.2m | $15.1m | $14.1m | $13.6m | |
| Additional Paid in Capital | $142.7m | $139.3m | $116.6m | $89.8m | $81.6m | $94.7m | $825.7m | $836.5m | $725.3m | $679.1m | |
| Retained Earnings (Accumulated Deficit) | $435.3m | $519.5m | $598.3m | $712.7m | $683.9m | $808.4m | $693.3m | $676.1m | $738.4m | $665.1m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($64.5m) | ($82.2m) | ($61.3m) | ($94.2m) | ($134.0m) | ($65.1m) | ($107.1m) | ($95.1m) | ($92.7m) | ($82.0m) | |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | $34.9m | $47.6m | $37.2m | $45.0m | $59.2m | ($65.1m) | ($107.1m) | ($95.1m) | ($92.7m) | ($82.0m) | |
| Stockholders' Equity Attributable to Parent | $524.4m | $587.5m | $664.6m | $719.2m | $643.0m | $849.6m | $1.4b | $1.4b | $1.4b | $1.3b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $300k | $200k | $200k | $0 | — | — | — | — | — | — | |
| Liabilities and Equity | $1.2b | $1.3b | $1.5b | $1.6b | $2.1b | $2.1b | $4.5b | $4.3b | $4.0b | $4.0b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.