HNI Corporation manufactures and sells office furniture and hearth products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, and Taiwan. The company's Office Furniture segment offers a range of metal and wood commercial and home office furniture, which include storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, HBF, OFM, basyx by HON, Lamex, and HNI India brands. This segment sells its products through independent and local office products dealers; national office product distributors; selling relationships with the end-users; wholesalers; and direct sales to federal, state, and local government offices. The Hearth Products segment provides various gas, electric, wood, and biomass burning fireplaces; inserts; stoves; facings; and accessories primarily for the home under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman Stove, Vermont Castings, and PelPro brands. It markets its products through independent dealers, distributors, and corporation-owned distribution and retail outlets. HNI Corporation was founded in 1944 and is headquartered in Muscatine, Iowa.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Office furniture, except wood
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
SymbolNYSE:HNI
CUSIP40425110
Phone563-272-7400
Debt
Debt-to-Equity Ratio0.56
Current Ratio1.23
Quick Ratio0.78
Price-To-Earnings
Trailing P/E Ratio19.76
Forward P/E Ratio16.02
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.18 billion
Price / Sales0.78
Cash Flow$3.7351 per share
Price / Cash10.42
Book Value$11.85 per share
Price / Book3.28
Profitability
EPS (Most Recent Fiscal Year)$1.97
Net Income$89.79 million
Net Margins4.13%
Return on Equity15.89%
Return on Assets5.87%
Miscellaneous
Employees9,600
Outstanding Shares43,740,000
Market Cap$1.69 billion
