MillerKnoll (MLKN) Financials

$16.11 -0.21 (-1.28%)

Closing price 03:59 PM Eastern

Extended Trading

$16.10 -0.02 (-0.10%)

As of 04:10 PM Eastern

Annual Income Statements for MillerKnoll

This table shows MillerKnoll's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024
Net Income / (Loss) Attributable to Common Shareholders	-22	98	137	124	128	161	-8.70	175	-27	42	82
Consolidated Net Income / (Loss)	-22	98	138	124	129	161	-14	180	-20	46	85
Net Income / (Loss) Continuing Operations	-22	98	138	124	129	161	-14	180	-20	46	85
Total Pre-Tax Income	-43	145	197	178	168	195	-13	228	-8.60	51	100
Total Operating Income	-26	163	212	191	179	204	-38	233	40	122	167
Total Gross Profit	631	791	874	864	873	930	911	951	1,353	1,430	1,420
Total Revenue	1,882	2,142	2,265	2,278	2,381	2,567	2,487	2,465	3,946	4,087	3,628
Operating Revenue	1,882	2,142	2,265	2,278	2,381	2,567	2,487	2,465	3,946	4,087	3,628
Total Cost of Revenue	1,251	1,351	1,391	1,414	1,508	1,637	1,575	1,514	2,593	2,657	2,209
Operating Cost of Revenue	1,251	1,351	1,391	1,414	1,508	1,637	1,575	1,514	2,593	2,657	2,209
Total Operating Expenses	657	628	663	673	694	726	949	719	1,313	1,308	1,252
Selling, General & Admin Expense	564	544	586	588	615	639	643	644	1,204	1,126	1,112
Research & Development Expense	66	71	77	73	73	77	74	72	109	106	93
Impairment Charge	-	-	-	-	0.00	0.00	205	0.00	0.00	41	17
Restructuring Charge	27	13	0.00	13	5.70	10	26	2.70	0.00	34	31
Total Other Income / (Expense), net	-18	-18	-15	-14	-11	-8.40	25	-4.20	-48	-71	-68
Interest Expense	18	18	15	15	14	12	13	14	38	74	76
Interest & Investment Income	0.40	0.60	0.80	2.20	4.40	2.10	39	2.10	1.60	2.80	6.10
Other Income / (Expense), net	-0.50	-1.30	-0.30	-0.50	-1.70	1.60	-1.00	7.60	-12	0.30	2.60
Income Tax Expense	-21	47	60	55	42	40	6.10	48	11	4.50	15
Other Gains / (Losses), net	0.10	0.10	0.40	1.60	3.00	5.00	5.00	-	0.00	-0.80	-0.40
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.60	0.80	0.20	0.60	0.00	-5.30	5.70	7.40	4.00	2.30
Basic Earnings per Share	($0.37)	$1.64	$2.28	$2.07	$2.15	$2.72	($0.15)	$2.96	($0.37)	$0.56	$1.12
Weighted Average Basic Shares Outstanding	58.96M	59.48M	59.84M	59.87M	59.60M	59M	58.87M	59.05M	75.84M	75.70M	69.83M
Diluted Earnings per Share	($0.37)	$1.62	$2.26	$2.05	$2.12	$2.70	($0.15)	$2.94	($0.37)	$0.55	$1.11
Weighted Average Diluted Shares Outstanding	58.96M	59.48M	59.84M	59.87M	59.60M	59M	58.87M	59.05M	75.84M	75.70M	69.83M
Weighted Average Basic & Diluted Shares Outstanding	58.96M	59.48M	59.84M	59.87M	59.60M	59M	58.87M	59.05M	75.84M	75.70M	69.83M
Cash Dividends to Common per Share	$0.53	$0.56	$0.59	$0.68	$0.72	$0.79	$0.63	$0.79	$0.63	$0.75	$0.75

This table shows MillerKnoll's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/3/2022	12/3/2022	3/4/2023	6/3/2023	9/2/2023	12/2/2023	3/2/2024	6/1/2024	8/31/2024	11/30/2024	3/1/2025
Net Income / (Loss) Attributable to Common Shareholders	26	16	0.40	-0.10	17	34	22	9.90	-1.20	34	-13
Consolidated Net Income / (Loss)	27	18	1.10	0.10	16	34	23	11	-0.50	35	-12
Net Income / (Loss) Continuing Operations	27	18	1.10	0.10	16	34	23	11	-0.50	35	-12
Total Pre-Tax Income	34	22	1.60	-5.50	21	44	28	6.80	-1.70	45	-101
Total Operating Income	51	39	21	12	40	60	43	24	15	63	-82
Total Gross Profit	372	368	336	355	358	372	337	352	336	377	332
Total Revenue	1,079	1,067	985	957	918	950	872	889	862	970	876
Operating Revenue	1,079	1,067	985	957	918	950	872	889	862	970	876
Total Cost of Revenue	707	699	649	602	560	578	535	537	525	593	544
Operating Cost of Revenue	707	699	649	602	560	578	535	537	525	593	544
Total Operating Expenses	321	329	314	343	318	312	294	329	321	315	415
Selling, General & Admin Expense	297	291	265	274	291	288	271	263	298	290	388
Research & Development Expense	24	23	24	35	22	22	21	27	23	25	22
Restructuring Charge	0.50	15	4.60	15	5.20	1.80	1.70	22	0.00	0.00	4.20
Total Other Income / (Expense), net	-17	-17	-20	-17	-19	-16	-15	-17	-17	-18	-19
Interest Expense	17	18	19	20	19	20	18	19	20	20	19
Interest & Investment Income	0.40	0.70	0.90	0.80	2.20	1.30	1.30	1.30	1.60	1.50	1.20
Other Income / (Expense), net	-0.80	0.50	-1.40	2.00	-2.20	2.40	1.80	0.60	1.40	1.30	-0.70
Income Tax Expense	6.30	4.30	0.50	-6.60	5.10	9.50	4.40	-4.30	-1.10	9.80	-89
Other Gains / (Losses), net	-	0.20	0.00	-	0.10	-0.40	0.00	-	0.10	0.10	0.10
Net Income / (Loss) Attributable to Noncontrolling Interest	1.60	1.50	0.70	0.20	-0.60	0.90	0.90	1.10	0.70	1.10	1.00
Basic Earnings per Share	$0.34	$0.21	$0.01	-	$0.22	$0.45	$0.31	$0.14	($0.02)	$0.49	($0.19)
Weighted Average Basic Shares Outstanding	75.56M	75.59M	75.63M	75.70M	73.48M	72.82M	71.64M	69.83M	69.17M	68.16M	67.75M
Diluted Earnings per Share	$0.34	$0.21	$0.01	($0.01)	$0.22	$0.45	$0.30	$0.14	($0.02)	$0.49	($0.19)
Weighted Average Diluted Shares Outstanding	75.56M	75.59M	75.63M	75.70M	73.48M	72.82M	71.64M	69.83M	69.17M	68.16M	67.75M
Weighted Average Basic & Diluted Shares Outstanding	75.56M	75.59M	75.63M	75.70M	73.48M	72.82M	71.64M	69.83M	69.17M	68.16M	67.75M
Cash Dividends to Common per Share	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19	$0.19

This table details how cash moves in and out of MillerKnoll's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024
Net Change in Cash & Equivalents	19	-38	21	11	108	-45	295	-58	-166	-6.80	6.90
Net Cash From Operating Activities	90	168	210	202	167	216	222	332	-12	163	352
Net Cash From Continuing Operating Activities	90	159	210	202	167	216	222	332	-12	163	352
Net Income / (Loss) Continuing Operations	-22	98	138	124	129	161	-14	180	-20	46	85
Consolidated Net Income / (Loss)	-22	98	138	124	129	161	-14	180	-20	46	85
Depreciation Expense	-	44	47	53	61	66	68	72	112	115	118
Amortization Expense	-	5.60	6.00	6.00	6.00	6.20	11	16	83	44	42
Non-Cash Adjustments To Reconcile Net Income	112	26	7.10	19	2.70	14	194	6.30	54	100	67
Changes in Operating Assets and Liabilities, net	-	-6.50	13	0.00	-32	-30	-38	58	-241	-143	41
Net Cash From Investing Activities	-48	-214	-81	-116	-63	-165	-168	-60	-1,172	-77	-86
Net Cash From Continuing Investing Activities	-48	-214	-81	-116	-63	-165	-168	-60	-1,172	-77	-86
Purchase of Property, Plant & Equipment	-41	-64	-85	-87	-71	-86	-69	-60	-95	-83	-78
Acquisitions	-6.70	-154	-3.60	0.00	0.00	-4.80	-111	0.00	-1,089	0.00	0.00
Divestitures	1.30	0.60	11	0.00	2.10	0.50	0.20	14	2.80	0.30	3.50
Sale and/or Maturity of Investments	4.90	6.20	6.10	0.90	1.00	1.70	5.00	5.30	7.70	0.00	2.80
Other Investing Activities, net	-1.70	-2.80	-1.10	-15	5.80	-1.10	13	-14	0.30	6.50	-14
Net Cash From Financing Activities	-22	6.80	-107	-75	2.50	-92	244	-348	1,040	-87	-259
Net Cash From Continuing Financing Activities	-22	6.80	-107	-75	2.50	-92	244	-348	1,040	-87	-259
Repayment of Debt	0.00	-757	-869	-816	-265	-0.60	262	-317	103	-944	-68
Repurchase of Common Equity	-13	-3.70	-14	-24	-47	-48	-47	-0.90	-16	-16	-138
Payment of Dividends	-30	-33	-35	-39	-43	-56	-36	-35	-61	-62	-58
Issuance of Debt	-	798	801	795	341	-	50	0.00	1,007	930	0.00
Issuance of Common Equity	21	7.80	9.20	12	17	12	16	5.00	7.50	5.50	5.90
Effect of Exchange Rate Changes	-0.70	1.30	-1.90	0.10	1.40	-4.20	-2.90	18	-22	-6.40	-0.30
Cash Interest Paid	16	17	13	13	16	12	11	13	29	71	71
Cash Income Taxes Paid	35	49	58	36	34	41	40	16	37	35	28

This table details how cash moves in and out of MillerKnoll's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/3/2022	12/3/2022	3/4/2023	6/3/2023	9/2/2023	12/2/2023	3/2/2024	6/1/2024	8/31/2024	11/30/2024	3/1/2025
Net Change in Cash & Equivalents	-15	-18	20	6.40	-6.00	8.30	-2.20	6.80	-21	11	-51
Net Cash From Operating Activities	-65	60	76	93	131	83	61	78	21	55	62
Net Cash From Continuing Operating Activities	-65	60	76	93	131	83	61	78	21	55	62
Net Income / (Loss) Continuing Operations	27	18	1.10	0.10	16	34	23	11	-0.50	35	-12
Consolidated Net Income / (Loss)	27	18	1.10	0.10	16	34	23	11	-0.50	35	-12
Depreciation Expense	40	38	38	-0.60	37	37	37	5.90	35	36	34
Amortization Expense	1.20	1.10	1.20	41	1.20	1.10	1.20	39	1.20	1.10	1.20
Non-Cash Adjustments To Reconcile Net Income	5.90	20	46	28	12	5.20	5.10	41	9.10	13	144
Changes in Operating Assets and Liabilities, net	-139	-17	-11	24	65	4.40	-5.90	-18	-23	-30	-106
Net Cash From Investing Activities	-10	-22	-21	-23	-26	-15	-20	-25	-22	-23	-16
Net Cash From Continuing Investing Activities	-10	-22	-21	-23	-26	-15	-20	-25	-22	-23	-16
Purchase of Property, Plant & Equipment	-17	-23	-20	-23	-20	-20	-17	-22	-23	-22	-23
Sale and/or Maturity of Investments	-	-	-	-	0.50	0.50	1.10	-	2.50	0.70	2.50
Other Investing Activities, net	7.10	1.20	-0.90	-0.90	-6.90	1.00	-4.80	-6.20	-2.20	-0.90	-1.00
Net Cash From Financing Activities	77	-65	-34	-65	-111	-60	-42	-46	-20	-14	-94
Net Cash From Continuing Financing Activities	77	-65	-34	-65	-111	-60	-42	-46	-20	-14	-94
Repayment of Debt	-298	-210	-181	-256	-219	-252	-221	626	-203	-227	-276
Repurchase of Common Equity	-14	-	-1.60	-0.10	-32	-28	-41	-37	-44	-23	-18
Payment of Dividends	-14	-14	-15	-19	-14	-14	-17	-16	-13	-13	-17
Issuance of Debt	401	158	161	210	153	233	234	-620	238	249	216
Issuance of Common Equity	1.70	0.80	2.00	1.00	0.80	1.10	2.40	1.60	2.30	1.10	1.80
Effect of Exchange Rate Changes	-17	9.40	-1.20	1.90	0.50	0.50	-0.70	-0.60	0.80	-7.80	-4.10

This table presents MillerKnoll's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024
Total Assets	995	1,193	1,235	1,306	1,480	1,569	2,054	2,077	4,514	4,275	4,044
Total Current Assets	102	464	481	492	645	661	917	907	1,318	1,176	1,070
Cash & Equivalents	102	64	85	96	204	159	454	396	230	224	230
Accounts Receivable	-	190	211	187	219	252	200	221	381	364	331
Inventories, net	-	130	128	152	162	184	197	229	587	487	429
Prepaid Expenses	-	33	29	30	41	46	43	45	112	93	67
Other Current Assets	-	-	-	-	-	11	16	7.60	7.30	9.10	14
Plant, Property, & Equipment, net	0.00	250	280	315	331	349	331	327	582	536	492
Plant, Property & Equipment, gross	-	869	929	969	1,021	349	-	-	-	-	1,583
Accumulated Depreciation	-	619	649	654	689	-	-	-	-	-	1,091
Total Noncurrent Assets	269	480	475	500	503	559	806	843	2,615	2,562	2,482
Goodwill	228	303	305	305	304	304	346	364	1,226	1,222	1,226
Intangible Assets	41	138	136	124	119	119	205	203	863	794	745
Other Noncurrent Operating Assets	-	39	33	72	79	136	255	276	525	547	511
Total Liabilities & Shareholders' Equity	364	1,193	1,235	1,306	1,480	1,569	2,054	2,077	4,514	4,275	4,044
Total Liabilities	0.00	742	684	694	784	830	1,361	1,139	2,980	2,735	2,585
Total Current Liabilities	0.00	363	390	386	414	446	470	477	877	703	698
Short-Term Debt	-	-	-	-	-	3.10	51	2.20	29	33	44
Accounts Payable	-	165	166	148	171	178	129	178	355	270	241
Accrued Expenses	-	100	104	124	129	149	179	118	159	167	141
Customer Deposits	-	32	35	33	28	-	40	43	125	94	100
Current Employee Benefit Liabilities	-	67	85	80	86	86	71	90	129	62	105
Other Current Liabilities	-	-	-	-	-	31	-	45	80	77	67
Total Noncurrent Liabilities	0.00	379	294	308	370	383	890	663	2,103	2,032	1,887
Long-Term Debt	-	290	222	200	275	282	540	275	1,379	1,365	1,292
Noncurrent Employee Benefit Liabilities	-	28	26	39	16	25	42	35	25	7.50	10
Other Noncurrent Operating Liabilities	-	61	46	70	80	77	308	353	698	659	585
Redeemable Noncontrolling Interest	0.00	30	27	25	31	21	50	0.00	107	108	74
Total Equity & Noncontrolling Interests	364	420	525	588	665	719	643	861	1,427	1,433	1,385
Total Preferred & Common Equity	364	420	524	588	665	719	643	861	1,427	1,433	1,385
Preferred Stock	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	364	420	524	588	665	719	643	861	1,427	1,433	1,385
Common Stock	364	147	155	151	128	102	93	107	841	852	739
Retained Earnings	-	330	435	520	598	713	684	819	693	676	738
Accumulated Other Comprehensive Income / (Loss)	-	-56	-65	-82	-61	-94	-134	-65	-107	-95	-93

This table presents MillerKnoll's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	2/26/2022	9/3/2022	12/3/2022	3/4/2023	9/2/2023	12/2/2023	3/2/2024	8/31/2024	11/30/2024	3/1/2025
Total Assets	4,518	4,447	4,448	4,383	4,183	4,156	4,095	4,019	4,036	3,895
Total Current Assets	1,271	1,331	1,310	1,276	1,098	1,114	1,083	1,072	1,126	1,141
Cash & Equivalents	246	216	198	217	218	226	224	210	221	170
Accounts Receivable	356	372	398	390	323	345	319	320	372	346
Inventories, net	521	616	587	540	473	448	437	441	431	426
Prepaid Expenses	140	119	115	121	76	82	90	85	86	184
Other Current Assets	8.60	9.10	12	9.00	7.60	14	14	18	17	15
Plant, Property, & Equipment, net	584	560	555	543	530	518	506	490	484	475
Plant, Property & Equipment, gross	1,489	1,512	1,531	1,549	1,585	1,579	1,584	1,595	1,611	1,603
Accumulated Depreciation	905	952	977	1,006	1,056	1,061	1,078	1,105	1,127	1,127
Total Noncurrent Assets	2,662	2,557	2,584	2,564	2,556	2,523	2,506	2,457	2,426	2,280
Goodwill	1,283	1,198	1,217	1,218	1,224	1,228	1,226	1,234	1,218	1,119
Intangible Assets	882	834	840	820	786	780	770	740	722	671
Other Noncurrent Operating Assets	498	525	526	526	546	516	510	483	486	490
Total Liabilities & Shareholders' Equity	4,518	4,447	4,448	4,383	4,183	4,156	4,095	4,019	4,036	3,895
Total Liabilities	2,994	2,972	2,907	2,842	2,653	2,625	2,597	2,610	2,652	2,573
Total Current Liabilities	834	773	773	733	705	714	681	676	704	683
Short-Term Debt	29	29	29	31	36	39	41	46	49	48
Accounts Payable	341	303	282	283	252	251	242	236	245	238
Accrued Expenses	156	153	180	161	155	160	136	141	159	141
Customer Deposits	127	116	103	97	98	93	86	105	97	96
Current Employee Benefit Liabilities	102	94	101	83	88	96	105	75	84	88
Other Current Liabilities	79	78	79	78	76	76	71	73	71	71
Total Noncurrent Liabilities	2,160	2,199	2,134	2,109	1,949	1,912	1,917	1,934	1,948	1,890
Long-Term Debt	1,385	1,484	1,435	1,415	1,299	1,278	1,290	1,324	1,343	1,283
Noncurrent Employee Benefit Liabilities	38	22	14	15	7.70	7.70	7.40	11	6.90	6.80
Other Noncurrent Operating Liabilities	737	693	686	679	642	626	619	600	598	600
Redeemable Noncontrolling Interest	68	101	107	107	108	110	107	77	73	68
Total Equity & Noncontrolling Interests	1,456	1,375	1,434	1,434	1,422	1,421	1,391	1,333	1,311	1,254
Total Preferred & Common Equity	1,456	1,375	1,434	1,434	1,422	1,421	1,391	1,333	1,311	1,254
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,456	1,375	1,434	1,434	1,422	1,421	1,391	1,333	1,311	1,254
Common Stock	836	834	841	846	827	806	772	707	694	684
Retained Earnings	713	705	707	693	679	699	707	724	745	720
Accumulated Other Comprehensive Income / (Loss)	-93	-165	-113	-106	-84	-84	-89	-99	-128	-150

This table displays calculated financial ratios and metrics derived from MillerKnoll's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	5/31/2014	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.03%	13.83%	5.73%	0.59%	4.52%	7.81%	-3.14%	-0.86%	60.07%	3.58%	-11.22%
EBITDA Growth	-122.98%	908.78%	24.68%	-5.56%	-2.16%	13.56%	-85.35%	707.14%	-32.13%	26.93%	16.72%
EBIT Growth	-122.98%	718.70%	30.29%	-9.75%	-7.03%	15.74%	-118.97%	717.22%	-88.50%	344.20%	38.50%
NOPAT Growth	-122.28%	713.03%	33.74%	-10.63%	1.49%	21.24%	-116.36%	790.96%	-84.80%	300.55%	27.74%
Net Income Growth	-132.40%	543.89%	40.16%	-9.75%	3.71%	24.71%	-108.72%	1,387.86%	-110.93%	334.01%	83.51%
EPS Growth	-131.90%	537.84%	39.51%	-9.29%	3.41%	27.36%	-105.56%	2,060.00%	-112.59%	248.65%	101.82%
Operating Cash Flow Growth	-33.99%	86.13%	25.46%	-3.94%	-17.62%	29.97%	2.50%	49.82%	-103.58%	1,468.91%	116.27%
Free Cash Flow Firm Growth	339.85%	-254.42%	147.10%	-23.13%	-21.05%	-24.20%	-89.60%	2,891.04%	-1,053.55%	105.80%	170.69%
Invested Capital Growth	-43.47%	149.39%	1.51%	3.85%	7.12%	13.06%	-3.86%	-1.60%	234.63%	0.11%	-5.58%
Revenue Q/Q Growth	1.49%	3.04%	1.43%	-0.24%	1.74%	2.11%	-7.28%	6.28%	13.82%	-3.40%	-1.83%
EBITDA Q/Q Growth	-51.45%	40.15%	11.67%	0.16%	-1.65%	10.35%	-86.48%	258.14%	59.89%	-13.64%	4.77%
EBIT Q/Q Growth	-51.45%	7.21%	10.52%	-4.22%	-6.19%	11.23%	-116.92%	1,212.02%	250.00%	-25.97%	6.73%
NOPAT Q/Q Growth	-57.67%	6.57%	12.48%	-5.40%	-1.54%	7.49%	-114.27%	1,918.08%	741.94%	-2.64%	7.10%
Net Income Q/Q Growth	-43.51%	8.04%	13.82%	-5.41%	-1.08%	9.48%	-106.67%	2,246.43%	38.82%	-33.48%	14.79%
EPS Q/Q Growth	-42.31%	6.58%	14.14%	-5.53%	-0.93%	10.20%	-104.23%	2,772.73%	40.32%	-41.49%	15.63%
Operating Cash Flow Q/Q Growth	-17.79%	12.17%	14.47%	-2.18%	-12.69%	16.09%	-20.10%	14.55%	-183.22%	39.95%	-3.85%
Free Cash Flow Firm Q/Q Growth	193.61%	-256.12%	-3.87%	27.34%	-38.27%	474.52%	-61.30%	-11.73%	-0.48%	193.34%	-0.93%
Invested Capital Q/Q Growth	-48.68%	-5.45%	-2.41%	-6.23%	0.34%	-4.28%	-22.58%	-2.50%	0.76%	-1.96%	-1.61%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.53%	36.94%	38.60%	37.93%	36.66%	36.22%	36.64%	38.58%	34.28%	34.99%	39.12%
EBITDA Margin	-1.39%	9.89%	11.67%	10.95%	10.25%	10.80%	1.63%	13.29%	5.64%	6.91%	9.08%
Operating Margin	-1.37%	7.63%	9.34%	8.39%	7.51%	7.93%	-1.52%	9.43%	1.01%	2.99%	4.61%
EBIT Margin	-1.39%	7.57%	9.32%	8.37%	7.44%	7.99%	-1.56%	9.74%	0.70%	3.00%	4.68%
Profit (Net Income) Margin	-1.17%	4.58%	6.07%	5.45%	5.40%	6.25%	-0.56%	7.31%	-0.50%	1.13%	2.33%
Tax Burden Percent	50.92%	67.56%	69.94%	69.88%	76.56%	82.27%	108.53%	78.98%	229.07%	89.69%	84.85%
Interest Burden Percent	165.65%	89.57%	93.09%	93.18%	94.86%	95.12%	33.16%	95.09%	-31.16%	41.93%	58.72%
Effective Tax Rate	0.00%	32.51%	30.26%	31.02%	25.22%	20.30%	0.00%	21.16%	0.00%	8.75%	14.74%
Return on Invested Capital (ROIC)	-4.83%	23.46%	21.81%	18.98%	18.26%	20.09%	-3.16%	22.43%	1.58%	4.11%	5.40%
ROIC Less NNEP Spread (ROIC-NNEP)	-18.24%	4.00%	16.10%	12.12%	11.82%	18.20%	6.98%	14.93%	-6.85%	-1.45%	0.32%
Return on Net Nonoperating Assets (RNNOA)	-1.64%	0.61%	5.62%	2.34%	1.42%	2.28%	1.20%	0.77%	-3.23%	-1.11%	0.24%
Return on Equity (ROE)	-6.46%	24.07%	27.43%	21.32%	19.68%	22.37%	-1.95%	23.21%	-1.65%	3.00%	5.64%
Cash Return on Invested Capital (CROIC)	50.71%	-62.05%	20.32%	15.21%	11.38%	7.83%	0.78%	24.05%	-106.39%	4.00%	11.14%
Operating Return on Assets (OROA)	-2.70%	14.82%	17.40%	15.00%	12.72%	13.45%	-2.15%	11.63%	0.84%	2.79%	4.08%
Return on Assets (ROA)	-2.28%	8.97%	11.33%	9.77%	9.24%	10.53%	-0.77%	8.73%	-0.60%	1.05%	2.03%
Return on Common Equity (ROCE)	-6.46%	23.16%	25.84%	20.37%	18.85%	21.57%	-1.86%	22.45%	-1.57%	2.79%	5.30%
Return on Equity Simple (ROE_SIMPLE)	-6.07%	23.37%	26.22%	21.12%	19.37%	22.32%	-2.18%	20.95%	-1.38%	3.22%	6.11%
Net Operating Profit after Tax (NOPAT)	-18	110	147	132	134	162	-27	183	28	112	143
NOPAT Margin	-0.96%	5.15%	6.51%	5.79%	5.62%	6.32%	-1.07%	7.44%	0.71%	2.73%	3.93%
Net Nonoperating Expense Percent (NNEP)	13.41%	19.46%	5.71%	6.87%	6.44%	1.89%	-10.13%	7.50%	8.43%	5.57%	5.08%
Cost of Revenue to Revenue	66.47%	63.06%	61.40%	62.07%	63.34%	63.78%	63.36%	61.42%	65.72%	65.01%	60.88%
SG&A Expenses to Revenue	29.98%	25.39%	25.86%	25.79%	25.84%	24.90%	25.87%	26.12%	30.52%	27.56%	30.65%
R&D to Revenue	3.50%	3.33%	3.40%	3.21%	3.07%	3.00%	2.98%	2.92%	2.75%	2.59%	2.55%
Operating Expenses to Revenue	34.89%	29.32%	29.26%	29.55%	29.15%	28.30%	38.17%	29.15%	33.27%	32.00%	34.51%
Earnings before Interest and Taxes (EBIT)	-26	162	211	191	177	205	-39	240	28	123	170
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-26	212	264	250	244	277	41	328	222	282	330
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.08	3.22	3.02	2.84	2.57	2.58	1.90	3.00	1.52	0.73	1.43
Price to Tangible Book Value (P/TBV)	15.62	0.00	19.05	10.45	7.07	6.27	13.31	8.80	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.79	0.63	0.70	0.73	0.72	0.72	0.49	1.05	0.55	0.26	0.54
Price to Earnings (P/E)	0.00	13.86	11.58	13.45	13.31	11.57	0.00	14.79	0.00	24.82	24.01
Dividend Yield	2.11%	2.47%	2.23%	2.44%	2.52%	2.50%	3.98%	1.29%	2.62%	5.43%	2.72%
Earnings Yield	0.00%	7.21%	8.64%	7.43%	7.51%	8.64%	0.00%	6.76%	0.00%	4.03%	4.17%
Enterprise Value to Invested Capital (EV/IC)	5.15	2.39	2.55	2.53	2.37	2.33	1.70	3.03	1.27	0.86	1.23
Enterprise Value to Revenue (EV/Rev)	0.74	0.75	0.77	0.78	0.76	0.78	0.56	1.00	0.88	0.57	0.87
Enterprise Value to EBITDA (EV/EBITDA)	0.00	7.56	6.58	7.16	7.37	7.20	34.55	7.49	15.54	8.24	9.57
Enterprise Value to EBIT (EV/EBIT)	0.00	9.89	8.24	9.37	10.15	9.73	0.00	10.23	125.20	18.98	18.58
Enterprise Value to NOPAT (EV/NOPAT)	0.00	14.53	11.79	13.56	13.44	12.30	0.00	13.39	124.03	20.86	22.13
Enterprise Value to Operating Cash Flow (EV/OCF)	15.38	9.56	8.27	8.84	10.80	9.22	6.32	7.39	0.00	14.29	8.95
Enterprise Value to Free Cash Flow (EV/FCFF)	7.33	0.00	12.66	16.92	21.57	31.56	213.49	12.49	0.00	21.43	10.73
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.64	0.40	0.33	0.40	0.39	0.85	0.32	0.92	0.91	0.92
Long-Term Debt to Equity	0.00	0.64	0.40	0.33	0.40	0.38	0.78	0.32	0.90	0.89	0.89
Financial Leverage	0.09	0.15	0.35	0.19	0.12	0.13	0.17	0.05	0.47	0.77	0.76
Leverage Ratio	2.84	2.68	2.42	2.18	2.13	2.12	2.53	2.66	2.75	2.86	2.77
Compound Leverage Factor	4.70	2.40	2.25	2.03	2.02	2.02	0.84	2.53	-0.86	1.20	1.63
Debt to Total Capital	0.00%	39.14%	28.68%	24.61%	28.34%	27.81%	46.03%	24.36%	47.87%	47.59%	47.78%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.30%	4.00%	0.19%	1.00%	1.14%	1.56%
Long-Term Debt to Total Capital	0.00%	39.14%	28.68%	24.61%	28.34%	27.51%	42.03%	24.16%	46.87%	46.45%	46.23%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	4.17%	3.53%	3.05%	3.16%	2.01%	3.92%	0.00%	3.63%	3.66%	2.64%
Common Equity to Total Capital	100.00%	56.69%	67.79%	72.33%	68.49%	70.18%	50.05%	75.64%	48.50%	48.75%	49.57%
Debt to EBITDA	0.00	1.37	0.84	0.80	1.13	1.03	14.56	0.85	6.33	4.95	4.05
Net Debt to EBITDA	0.00	1.04	0.49	0.38	0.26	0.42	3.21	-0.39	5.30	4.16	3.35
Long-Term Debt to EBITDA	0.00	1.37	0.84	0.80	1.13	1.02	13.30	0.84	6.20	4.84	3.92
Debt to NOPAT	0.00	2.63	1.50	1.52	2.06	1.76	-22.29	1.51	50.56	12.53	9.37
Net Debt to NOPAT	0.00	2.00	0.88	0.72	0.47	0.72	-4.91	-0.69	42.29	10.53	7.75
Long-Term Debt to NOPAT	0.00	2.63	1.50	1.52	2.06	1.74	-20.35	1.50	49.50	12.23	9.06
Altman Z-Score	0.00	3.83	4.37	4.32	4.06	4.21	2.41	3.73	1.66	1.63	1.86
Noncontrolling Interest Sharing Ratio	0.00%	3.79%	5.81%	4.48%	4.24%	3.57%	4.95%	3.24%	4.46%	6.98%	6.05%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.28	1.23	1.28	1.56	1.48	1.95	1.90	1.50	1.67	1.53
Quick Ratio	0.00	0.71	0.78	0.76	1.04	0.94	1.40	1.31	0.70	0.84	0.80
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	189	-292	137	106	83	63	6.57	197	-1,874	109	294
Operating Cash Flow to CapEx	220.83%	263.68%	247.24%	231.50%	235.84%	252.21%	321.45%	555.69%	-12.57%	195.56%	449.36%
Free Cash Flow to Firm to Interest Expense	10.73	-16.67	8.92	6.95	6.18	5.22	0.53	14.14	-49.57	1.47	3.86
Operating Cash Flow to Interest Expense	5.12	9.58	13.66	13.30	12.33	17.88	17.74	23.91	-0.31	2.20	4.62
Operating Cash Flow Less CapEx to Interest Expense	2.80	5.95	8.14	7.55	7.10	10.79	12.22	19.60	-2.82	1.08	3.59
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.94	1.96	1.87	1.79	1.71	1.68	1.37	1.19	1.20	0.93	0.87
Accounts Receivable Turnover	0.00	0.00	11.31	11.46	11.73	10.89	11.01	11.72	13.11	10.98	10.46
Inventory Turnover	0.00	0.00	10.79	10.08	9.58	9.45	8.26	7.11	6.36	4.94	4.82
Fixed Asset Turnover	0.00	0.00	8.55	7.66	7.37	7.55	7.32	7.49	8.68	7.31	7.06
Accounts Payable Turnover	0.00	0.00	8.42	9.01	9.43	9.38	10.28	9.86	9.72	8.51	8.65
Days Sales Outstanding (DSO)	0.00	0.00	32.28	31.85	31.11	33.53	33.16	31.14	27.84	33.24	34.91
Days Inventory Outstanding (DIO)	0.00	0.00	33.83	36.22	38.09	38.63	44.19	51.34	57.42	73.81	75.68
Days Payable Outstanding (DPO)	0.00	0.00	43.34	40.53	38.70	38.91	35.51	37.03	37.54	42.90	42.21
Cash Conversion Cycle (CCC)	0.00	0.00	22.77	27.54	30.50	33.25	41.85	45.45	47.72	64.15	68.38
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	269	671	681	707	758	857	824	811	2,712	2,715	2,564
Invested Capital Turnover	5.05	4.56	3.35	3.28	3.25	3.18	2.96	3.02	2.24	1.51	1.37
Increase / (Decrease) in Invested Capital	-207	402	10	26	50	99	-33	-13	1,902	3.00	-151
Enterprise Value (EV)	1,385	1,603	1,740	1,787	1,798	1,995	1,403	2,455	3,455	2,327	3,154
Market Capitalization	1,487	1,351	1,583	1,667	1,705	1,857	1,222	2,582	2,170	1,045	1,976
Book Value per Share	$6.15	$7.04	$8.75	$9.83	$11.15	$12.23	$10.94	$14.58	$18.83	$18.94	$19.33
Tangible Book Value per Share	$1.61	($0.35)	$1.39	$2.67	$4.04	$5.04	$1.56	$4.97	($8.74)	($7.71)	($8.18)
Total Capital	364	741	774	812	970	1,025	1,285	1,138	2,943	2,939	2,794
Total Debt	0.00	290	222	200	275	285	591	277	1,409	1,399	1,335
Total Long-Term Debt	0.00	290	222	200	275	282	540	275	1,379	1,365	1,292
Net Debt	-102	220	130	95	63	117	130	-127	1,178	1,175	1,105
Capital Expenditures (CapEx)	41	64	85	87	71	86	69	60	95	83	78
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	31	-1.90	1.40	19	50	37	28	240	283	185
Debt-free Net Working Capital (DFNWC)	102	100	91	106	232	218	498	432	470	507	415
Net Working Capital (NWC)	102	100	91	106	232	215	447	430	441	473	372
Net Nonoperating Expense (NNE)	4.11	12	9.99	7.71	5.08	1.70	-13	3.01	48	65	58
Net Nonoperating Obligations (NNO)	-95	220	130	95	63	117	130	-50	1,178	1,175	1,105
Total Depreciation and Amortization (D&A)	0.00	50	53	59	67	72	80	88	195	160	160
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	1.43%	-0.08%	0.06%	0.80%	1.96%	1.50%	1.14%	6.07%	6.93%	5.10%
Debt-free Net Working Capital to Revenue	5.39%	4.67%	4.00%	4.66%	9.73%	8.50%	20.04%	17.53%	11.91%	12.40%	11.45%
Net Working Capital to Revenue	5.39%	4.67%	4.00%	4.66%	9.73%	8.38%	17.97%	17.44%	11.16%	11.58%	10.25%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.37)	$1.64	$2.28	$2.07	$2.15	$2.72	($0.15)	$0.00	($0.37)	$0.56	$1.12
Adjusted Weighted Average Basic Shares Outstanding	59.40M	59.84M	60.02M	59.85M	59.69M	59.06M	58.87M	0.00	75.84M	75.70M	69.83M
Adjusted Diluted Earnings per Share	($0.37)	$1.62	$2.26	$2.05	$2.12	$2.70	($0.15)	$0.00	($0.37)	$0.55	$1.11
Adjusted Weighted Average Diluted Shares Outstanding	59.40M	59.84M	60.02M	59.85M	59.69M	59.06M	58.87M	0.00	75.84M	75.70M	69.83M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$2.72	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	59.40M	59.84M	60.02M	59.85M	59.69M	59.06M	58.87M	0.00	75.84M	75.70M	69.83M
Normalized Net Operating Profit after Tax (NOPAT)	0.56	119	147	140	138	170	136	185	28	181	183
Normalized NOPAT Margin	0.03%	5.55%	6.51%	6.16%	5.80%	6.63%	5.46%	7.52%	0.71%	4.42%	5.05%
Pre Tax Income Margin	-2.31%	6.78%	8.68%	7.80%	7.06%	7.60%	-0.52%	9.26%	-0.22%	1.26%	2.75%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-1.49	9.26	13.71	12.54	13.13	16.95	-3.11	17.27	0.73	1.66	2.23
NOPAT to Interest Expense	-1.02	6.30	9.58	8.67	9.91	13.40	-2.12	13.19	0.74	1.51	1.87
EBIT Less CapEx to Interest Expense	-3.81	5.63	8.19	6.80	7.90	9.86	-8.63	12.97	-1.78	0.53	1.20
NOPAT Less CapEx to Interest Expense	-3.34	2.67	4.05	2.93	4.68	6.31	-7.64	8.89	-1.77	0.38	0.84
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-137.10%	33.95%	25.38%	31.75%	33.72%	34.70%	-260.00%	19.13%	-311.17%	134.49%	69.03%
Augmented Payout Ratio	-194.57%	37.72%	35.64%	50.85%	69.85%	64.55%	-595.00%	19.63%	-393.40%	169.20%	232.39%

This table displays calculated financial ratios and metrics derived from MillerKnoll's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/3/2022	12/3/2022	3/4/2023	6/3/2023	9/2/2023	12/2/2023	3/2/2024	6/1/2024	8/31/2024	11/30/2024	3/1/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	36.61%	3.96%	-4.35%	-13.07%	-14.93%	-11.00%	-11.41%	-7.09%	-6.12%	2.20%	0.45%
EBITDA Growth	1,846.15%	34.94%	-16.62%	-45.28%	-15.75%	29.21%	39.86%	27.83%	-31.50%	-0.69%	-157.25%
EBIT Growth	176.57%	468.12%	-32.65%	-75.97%	-23.80%	60.20%	125.25%	78.68%	-56.43%	1.59%	-285.87%
NOPAT Growth	212.18%	614.19%	-38.99%	-72.98%	-26.01%	53.08%	146.67%	376.44%	-65.18%	2.97%	-260.05%
Net Income Growth	145.82%	2,816.67%	-93.21%	-99.57%	-41.24%	96.57%	2,000.00%	10,900.00%	-103.11%	2.33%	-150.65%
EPS Growth	136.96%	1,150.00%	-94.74%	-102.63%	-35.29%	114.29%	2,900.00%	1,500.00%	-109.09%	8.89%	-163.33%
Operating Cash Flow Growth	-25.34%	1,108.47%	25,333.33%	101.09%	302.01%	38.66%	-20.08%	-15.24%	-83.88%	-32.97%	2.48%
Free Cash Flow Firm Growth	94.26%	104.13%	96.57%	100.27%	247.88%	173.86%	416.62%	3,612.63%	-43.00%	-50.54%	-68.00%
Invested Capital Growth	5.59%	-1.89%	2.88%	0.11%	-4.52%	-6.61%	-5.91%	-5.58%	-2.95%	-2.53%	-4.66%
Revenue Q/Q Growth	-1.97%	-1.10%	-7.70%	-2.84%	-4.08%	3.47%	-8.13%	1.90%	-3.08%	12.64%	-9.71%
EBITDA Q/Q Growth	-7.82%	-13.66%	-24.49%	-8.95%	41.93%	32.42%	-18.26%	-16.79%	-23.95%	91.98%	-147.12%
EBIT Q/Q Growth	-11.66%	-21.60%	-49.49%	-31.31%	180.15%	64.83%	-28.98%	-45.52%	-31.69%	284.34%	-229.94%
NOPAT Q/Q Growth	37.46%	-24.96%	-52.98%	-44.29%	276.35%	55.26%	-24.23%	7.61%	-72.50%	359.20%	-217.77%
Net Income Q/Q Growth	17.60%	-36.13%	-93.71%	-90.91%	16,000.00%	113.66%	-32.85%	-52.38%	-104.55%	7,140.00%	-133.24%
EPS Q/Q Growth	-10.53%	-38.24%	-95.24%	-200.00%	2,300.00%	104.55%	-33.33%	-53.33%	-114.29%	2,550.00%	-138.78%
Operating Cash Flow Q/Q Growth	-240.87%	191.82%	27.23%	22.19%	41.51%	-36.97%	-26.67%	29.59%	-73.09%	162.09%	12.12%
Free Cash Flow Firm Q/Q Growth	94.37%	180.74%	-174.06%	108.12%	2,944.13%	49.52%	-14.37%	-4.74%	-53.26%	29.74%	-44.59%
Invested Capital Q/Q Growth	2.23%	1.23%	-1.34%	-1.96%	-2.49%	-0.99%	-0.60%	-1.61%	0.21%	-0.56%	-2.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.49%	34.46%	34.08%	37.08%	39.02%	39.18%	38.63%	39.64%	39.04%	38.85%	37.94%
EBITDA Margin	8.42%	7.35%	6.01%	5.63%	8.34%	10.67%	9.49%	7.75%	6.08%	10.37%	-5.41%
Operating Margin	4.71%	3.63%	2.15%	1.21%	4.39%	6.36%	4.91%	2.67%	1.76%	6.44%	-9.38%
EBIT Margin	4.63%	3.67%	2.01%	1.42%	4.15%	6.61%	5.11%	2.73%	1.93%	6.57%	-9.46%
Profit (Net Income) Margin	2.54%	1.64%	0.11%	0.01%	1.75%	3.62%	2.65%	1.24%	-0.06%	3.63%	-1.34%
Tax Burden Percent	81.31%	81.02%	68.75%	-1.82%	76.30%	77.65%	84.00%	161.76%	29.41%	78.40%	11.61%
Interest Burden Percent	67.40%	55.10%	8.08%	-40.44%	55.38%	70.54%	61.66%	27.98%	-10.24%	70.38%	121.59%
Effective Tax Rate	18.69%	19.91%	31.25%	0.00%	24.17%	21.44%	16.00%	-63.24%	0.00%	21.83%	0.00%
Return on Invested Capital (ROIC)	6.01%	4.38%	2.29%	1.28%	4.82%	7.01%	5.67%	5.98%	1.69%	6.99%	-9.28%
ROIC Less NNEP Spread (ROIC-NNEP)	4.84%	3.35%	1.17%	0.60%	3.63%	5.91%	4.57%	3.55%	0.71%	5.78%	-5.24%
Return on Net Nonoperating Assets (RNNOA)	3.80%	2.89%	0.91%	0.46%	2.91%	4.53%	3.51%	2.70%	0.55%	4.49%	-4.22%
Return on Equity (ROE)	9.81%	7.27%	3.21%	1.74%	7.74%	11.54%	9.18%	8.68%	2.24%	11.48%	-13.50%
Cash Return on Invested Capital (CROIC)	-1.69%	6.28%	1.36%	4.00%	8.40%	11.08%	11.04%	11.14%	7.84%	7.50%	5.30%
Operating Return on Assets (OROA)	4.41%	3.52%	1.91%	1.32%	3.78%	5.86%	4.46%	2.38%	1.68%	5.77%	-8.52%
Return on Assets (ROA)	2.42%	1.57%	0.11%	0.01%	1.60%	3.21%	2.31%	1.08%	-0.05%	3.18%	-1.20%
Return on Common Equity (ROCE)	9.24%	6.85%	3.02%	1.61%	7.20%	10.73%	8.54%	8.16%	2.10%	10.76%	-12.66%
Return on Equity Simple (ROE_SIMPLE)	4.91%	5.88%	4.83%	0.00%	2.45%	3.64%	5.30%	0.00%	5.10%	5.25%	2.71%
Net Operating Profit after Tax (NOPAT)	41	31	15	8.12	31	47	36	39	11	49	-58
NOPAT Margin	3.83%	2.91%	1.48%	0.85%	3.33%	5.00%	4.12%	4.35%	1.24%	5.03%	-6.57%
Net Nonoperating Expense Percent (NNEP)	1.17%	1.03%	1.12%	0.68%	1.20%	1.11%	1.10%	2.43%	0.98%	1.21%	-4.04%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	1.73%	1.32%	-	-	1.81%	-2.23%
Cost of Revenue to Revenue	65.51%	65.55%	65.92%	62.92%	60.98%	60.82%	61.37%	60.36%	60.96%	61.15%	62.06%
SG&A Expenses to Revenue	27.52%	27.26%	26.88%	28.64%	31.66%	30.29%	31.08%	29.58%	34.64%	29.87%	44.29%
R&D to Revenue	2.22%	2.19%	2.40%	3.64%	2.41%	2.34%	2.45%	3.03%	2.63%	2.54%	2.55%
Operating Expenses to Revenue	29.78%	30.83%	31.93%	35.86%	34.63%	32.82%	33.73%	36.98%	37.27%	32.41%	47.32%
Earnings before Interest and Taxes (EBIT)	50	39	20	14	38	63	45	24	17	64	-83
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	91	78	59	54	77	101	83	69	52	101	-47
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.36	1.01	1.27	0.73	1.00	1.34	1.51	1.43	1.54	1.33	1.17
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.44	0.34	0.43	0.26	0.36	0.50	0.57	0.54	0.58	0.48	0.41
Price to Earnings (P/E)	31.18	18.69	28.52	24.82	43.26	37.76	29.02	24.01	31.93	26.75	48.69
Dividend Yield	3.04%	3.90%	3.12%	5.43%	3.98%	2.89%	2.60%	2.72%	2.55%	2.98%	3.49%
Earnings Yield	3.21%	5.35%	3.51%	4.03%	2.31%	2.65%	3.45%	4.17%	3.13%	3.74%	2.05%
Enterprise Value to Invested Capital (EV/IC)	1.18	1.01	1.14	0.86	1.00	1.19	1.27	1.23	1.28	1.17	1.09
Enterprise Value to Revenue (EV/Rev)	0.77	0.66	0.75	0.57	0.68	0.82	0.90	0.87	0.92	0.83	0.75
Enterprise Value to EBITDA (EV/EBITDA)	10.28	8.35	9.65	8.24	9.90	10.68	10.53	9.57	10.78	9.79	15.45
Enterprise Value to EBIT (EV/EBIT)	22.90	16.13	19.05	18.98	23.96	23.14	20.82	18.58	22.21	19.98	123.66
Enterprise Value to NOPAT (EV/NOPAT)	32.35	22.79	27.53	20.86	25.93	27.01	24.89	22.13	26.06	23.34	200.57
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	69.97	27.11	14.29	7.40	8.14	9.04	8.95	13.58	13.86	12.43
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	15.87	85.23	21.43	11.66	10.34	11.17	10.73	16.10	15.36	19.99
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.03	0.95	0.94	0.91	0.87	0.86	0.89	0.92	0.97	1.01	1.01
Long-Term Debt to Equity	1.01	0.93	0.92	0.89	0.85	0.84	0.86	0.89	0.94	0.97	0.97
Financial Leverage	0.79	0.86	0.78	0.77	0.80	0.77	0.77	0.76	0.78	0.78	0.80
Leverage Ratio	2.95	2.93	2.90	2.86	2.87	2.80	2.79	2.77	2.79	2.81	2.83
Compound Leverage Factor	1.99	1.61	0.23	-1.16	1.59	1.98	1.72	0.78	-0.29	1.98	3.44
Debt to Total Capital	50.63%	48.71%	48.42%	47.59%	46.60%	46.26%	47.05%	47.78%	49.29%	50.14%	50.17%
Short-Term Debt to Total Capital	0.96%	0.96%	1.03%	1.14%	1.27%	1.36%	1.45%	1.56%	1.65%	1.75%	1.82%
Long-Term Debt to Total Capital	49.67%	47.76%	47.38%	46.45%	45.33%	44.89%	45.61%	46.23%	47.64%	48.38%	48.35%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	3.37%	3.55%	3.57%	3.66%	3.76%	3.85%	3.79%	2.64%	2.76%	2.64%	2.58%
Common Equity to Total Capital	46.00%	47.74%	48.01%	48.75%	49.64%	49.89%	49.16%	49.57%	47.95%	47.22%	47.25%
Debt to EBITDA	4.75	4.32	4.42	4.95	4.98	4.53	4.23	4.05	4.49	4.57	7.63
Net Debt to EBITDA	4.07	3.74	3.76	4.16	4.17	3.75	3.52	3.35	3.80	3.84	6.66
Long-Term Debt to EBITDA	4.66	4.24	4.33	4.84	4.85	4.39	4.10	3.92	4.34	4.41	7.35
Debt to NOPAT	14.96	11.80	12.62	12.53	13.05	11.45	10.00	9.37	10.84	10.89	99.08
Net Debt to NOPAT	12.83	10.21	10.72	10.53	10.93	9.48	8.32	7.75	9.18	9.16	86.45
Long-Term Debt to NOPAT	14.67	11.57	12.35	12.23	12.70	11.11	9.70	9.06	10.48	10.51	95.48
Altman Z-Score	1.74	1.66	1.73	1.55	1.63	1.75	1.78	1.74	1.75	1.72	1.59
Noncontrolling Interest Sharing Ratio	5.73%	5.78%	5.70%	6.98%	6.93%	7.04%	7.04%	6.05%	6.27%	6.28%	6.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.72	1.69	1.74	1.67	1.56	1.56	1.59	1.53	1.59	1.60	1.67
Quick Ratio	0.76	0.77	0.83	0.84	0.77	0.80	0.80	0.80	0.78	0.84	0.76
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-105	85	-63	5.12	156	233	200	190	89	115	64
Operating Cash Flow to CapEx	-374.57%	258.70%	372.91%	407.49%	657.79%	412.50%	364.46%	357.99%	93.36%	247.98%	267.24%
Free Cash Flow to Firm to Interest Expense	-6.31	4.65	-3.30	0.26	8.12	11.77	10.85	10.11	4.46	5.65	3.34
Operating Cash Flow to Interest Expense	-3.88	3.25	3.96	4.65	6.82	4.17	3.29	4.17	1.06	2.71	3.25
Operating Cash Flow Less CapEx to Interest Expense	-4.92	1.99	2.90	3.51	5.78	3.16	2.39	3.01	-0.08	1.62	2.03
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.95	0.96	0.95	0.93	0.91	0.89	0.87	0.87	0.87	0.88	0.90
Accounts Receivable Turnover	12.46	11.37	11.35	10.98	11.29	10.25	10.44	10.46	11.12	10.03	10.82
Inventory Turnover	5.25	5.26	5.23	4.94	4.61	4.61	4.66	4.82	4.76	4.99	5.10
Fixed Asset Turnover	7.23	7.47	7.51	7.31	7.21	7.10	7.05	7.06	7.00	7.17	7.33
Accounts Payable Turnover	8.84	9.15	8.90	8.51	9.04	8.97	8.67	8.65	8.91	8.84	9.16
Days Sales Outstanding (DSO)	29.30	32.09	32.16	33.24	32.33	35.59	34.98	34.91	32.83	36.38	33.72
Days Inventory Outstanding (DIO)	69.50	69.39	69.79	73.81	79.16	79.11	78.40	75.68	76.68	73.22	71.62
Days Payable Outstanding (DPO)	41.28	39.90	41.03	42.90	40.37	40.68	42.10	42.21	40.96	41.28	39.85
Cash Conversion Cycle (CCC)	57.52	61.58	60.91	64.15	71.12	74.03	71.27	68.38	68.55	68.33	65.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,773	2,807	2,769	2,715	2,648	2,621	2,606	2,564	2,569	2,555	2,484
Invested Capital Turnover	1.57	1.51	1.55	1.51	1.45	1.40	1.38	1.37	1.37	1.39	1.41
Increase / (Decrease) in Invested Capital	147	-54	78	3.00	-125	-186	-164	-151	-78	-66	-121
Enterprise Value (EV)	3,272	2,827	3,155	2,327	2,653	3,108	3,313	3,154	3,293	2,983	2,696
Market Capitalization	1,874	1,454	1,820	1,045	1,427	1,907	2,098	1,976	2,057	1,739	1,465
Book Value per Share	$18.13	$18.98	$18.97	$18.94	$18.79	$19.33	$19.10	$19.33	$19.08	$18.95	$18.40
Tangible Book Value per Share	($8.66)	($8.25)	($7.99)	($7.71)	($7.76)	($7.98)	($8.31)	($8.18)	($9.20)	($9.10)	($7.86)
Total Capital	2,989	3,005	2,987	2,939	2,865	2,847	2,829	2,794	2,779	2,776	2,654
Total Debt	1,513	1,464	1,446	1,399	1,335	1,317	1,331	1,335	1,370	1,392	1,332
Total Long-Term Debt	1,484	1,435	1,415	1,365	1,299	1,278	1,290	1,292	1,324	1,343	1,283
Net Debt	1,297	1,266	1,229	1,175	1,118	1,091	1,108	1,105	1,160	1,171	1,162
Capital Expenditures (CapEx)	17	23	20	23	20	20	17	22	23	22	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	371	368	357	283	212	214	220	185	232	250	336
Debt-free Net Working Capital (DFNWC)	587	566	574	507	430	439	444	415	442	471	506
Net Working Capital (NWC)	558	537	543	473	393	401	403	372	396	422	458
Net Nonoperating Expense (NNE)	14	13	13	8.02	14	13	13	28	11	14	-46
Net Nonoperating Obligations (NNO)	1,297	1,266	1,229	1,175	1,118	1,091	1,108	1,105	1,160	1,171	1,162
Total Depreciation and Amortization (D&A)	41	39	39	40	38	39	38	45	36	37	36
Debt-free, Cash-free Net Working Capital to Revenue	8.76%	8.61%	8.43%	6.93%	5.40%	5.61%	5.96%	5.10%	6.50%	6.95%	9.34%
Debt-free Net Working Capital to Revenue	13.86%	13.23%	13.56%	12.40%	10.94%	11.53%	12.01%	11.45%	12.37%	13.10%	14.06%
Net Working Capital to Revenue	13.18%	12.55%	12.83%	11.58%	10.02%	10.52%	10.90%	10.25%	11.09%	11.75%	12.72%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.34	$0.21	$0.01	$0.00	$0.22	$0.45	$0.31	$0.14	($0.02)	$0.49	($0.19)
Adjusted Weighted Average Basic Shares Outstanding	75.56M	75.59M	75.63M	75.70M	73.48M	72.82M	71.64M	69.83M	69.17M	68.16M	67.75M
Adjusted Diluted Earnings per Share	$0.34	$0.21	$0.01	($0.01)	$0.22	$0.45	$0.30	$0.14	($0.02)	$0.49	($0.19)
Adjusted Weighted Average Diluted Shares Outstanding	75.56M	75.59M	75.63M	75.70M	73.48M	72.82M	71.64M	69.83M	69.17M	68.16M	67.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	75.56M	75.59M	75.63M	75.70M	73.48M	72.82M	71.64M	69.83M	69.17M	68.16M	67.75M
Normalized Net Operating Profit after Tax (NOPAT)	42	43	33	18	35	49	37	32	11	49	-55
Normalized NOPAT Margin	3.87%	4.01%	3.30%	1.92%	3.76%	5.15%	4.29%	3.61%	1.24%	5.03%	-6.23%
Pre Tax Income Margin	3.12%	2.02%	0.16%	-0.57%	2.30%	4.67%	3.15%	0.77%	-0.20%	4.63%	-11.50%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.99	2.14	1.04	0.68	1.98	3.17	2.42	1.29	0.83	3.13	-4.34
NOPAT to Interest Expense	2.47	1.69	0.76	0.41	1.59	2.40	1.95	2.06	0.53	2.40	-3.01
EBIT Less CapEx to Interest Expense	1.96	0.89	-0.03	-0.46	0.95	2.16	1.52	0.13	-0.30	2.03	-5.56
NOPAT Less CapEx to Interest Expense	1.44	0.44	-0.30	-0.73	0.56	1.39	1.05	0.89	-0.60	1.30	-4.23
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	95.41%	76.18%	92.93%	134.49%	178.16%	119.34%	86.97%	69.03%	84.41%	82.12%	167.06%
Augmented Payout Ratio	124.30%	95.26%	116.16%	169.20%	275.00%	238.68%	224.15%	232.39%	304.85%	293.02%	525.88%

Frequently Asked Questions About MillerKnoll's Financials

When does MillerKnoll's financial year end?

According to the most recent income statement we have on file, MillerKnoll's fiscal year ends in June. Their fiscal year 2024 ended on June 1, 2024.

How has MillerKnoll's net income changed over the last 10 years?

Over the last 10 years, MillerKnoll's net income changed from -$22.10 million in 2014 to $84.60 million in 2024, a change of -482.8%. See MillerKnoll's forecast for analyst expectations on what’s next for the company.

What is MillerKnoll's operating income?

MillerKnoll's total operating income in 2024 was $167.20 million, based on the following breakdown:

Total Gross Profit: $1.42 billion
Total Operating Expenses: $1.25 billion

How has MillerKnoll revenue changed over the last 10 years?

Over the last 10 years, MillerKnoll's total revenue changed from $1.88 billion in 2014 to $3.63 billion in 2024, a change of 92.8%.

How much debt does MillerKnoll have?

MillerKnoll's total liabilities were at $2.58 billion at the end of 2024, a 5.5% decrease from 2023, and a 258,460,000,000.0% increase since 2014.

How much cash does MillerKnoll have?

In the past 10 years, MillerKnoll's cash and equivalents has ranged from $63.70 million in 2015 to $454 million in 2020, and is currently $230.40 million as of their latest financial filing in 2024.

How has MillerKnoll's book value per share changed over the last 10 years?

Over the last 10 years, MillerKnoll's book value per share changed from 6.15 in 2014 to 19.33 in 2024, a change of 214.4%.

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This page (NASDAQ:MLKN) was last updated on 5/6/2025 by MarketBeat.com Staff

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MillerKnoll (MLKN) Financials

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MillerKnoll (MLKN) Financials

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