HNI profit margin HNI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 0.1%
- Operating margin, 12 months
- 2.0%
- Net margin on a year earlier
- −5.6 pts
- Peer median
- 6.9%
Over the twelve months to Jul 4, 2026, HNI kept 0.1% of its revenue as net profit, with an operating margin of 2.0% and a gross margin of 41.0%.
Five years earlier its net margin was 4.2%.
The median for 9 furnishings, Fixtures and Appliances stocks of a similar size is 6.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.9% | 4.4% | 41.4% |
| FY2024 | 5.5% | 8.2% | 40.9% |
| FY2023 | 2.0% | 3.7% | 39.0% |
| FY2022 | 5.2% | 6.6% | 35.4% |
| FY2021 | 2.7% | 3.9% | 34.7% |
| FY2020 | 2.1% | 3.1% | 36.9% |
| FY2019 | 4.9% | 6.7% | 37.1% |
| FY2018 | 4.1% | 5.7% | 37.0% |
| FY2017 | 4.1% | 3.5% | 36.0% |
| FY2016 | 3.9% | 6.1% | 37.9% |
| FY2015 | 4.6% | 7.1% | 36.8% |
| FY2014 | 2.8% | 5.1% | 35.3% |
| FY2013 | 3.1% | 5.1% | 34.7% |
| FY2012 | 2.4% | 4.4% | 34.4% |
| FY2011 | 2.5% | 4.4% | 34.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 0.1% | −5.6 pts | 2.0% | |
| Q1 FY26 | 0.0% | −5.3 pts | 1.8% | |
| Q4 FY25 | 1.9% | −3.6 pts | 4.4% | |
| Q3 FY25 | 5.5% | +0.6 pts | 8.2% | |
| Q2 FY25 | 5.7% | +1.3 pts | 8.4% | |
| Q1 FY25 | 5.3% | +2.8 pts | 7.9% | |
| Q4 FY24 | 5.5% | +3.5 pts | 8.2% | |
| Q3 FY24 | 4.8% | +3.0 pts | 7.1% | |
| Q2 FY24 | 4.4% | +1.3 pts | 6.6% | |
| Q1 FY24 | 2.6% | −2.3 pts | 4.5% | |
| Q4 FY23 | 2.0% | −3.2 pts | 3.7% | |
| Q3 FY23 | 1.8% | −3.0 pts | 3.6% |
Against its peers
Companies in Furnishings, Fixtures & Appliances nearest HNI's size, closest first, today.
| Company | Profit margin |
|---|---|
| HNIHNI | 0.1% |
| WHRWhirlpool | 1.3% |
| MLKNMillerknoll | 2.6% |
| AOSSmith A O | 13.1% |
| LZBLa-Z-Boy | 3.9% |
| SGISomnigroup International | 7.0% |
| XMAXXMax | n/m |
| ETDEthan Allen Interiors | 6.9% |
| HBBHamilton Beach Brands | 9.4% |
| FLXSFlexsteel Industries | 7.2% |
| Peer median | 6.9% |
Where HNI ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on HNI
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.