HNI CORP
HNI · Office Furniture (No Wood) · 72.0M shares · +1%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$16M (gross $300K, SBC $16M)
Reference price $52.20 · est. market cap ~$3.8B — last insider sale, 2026-02-09 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C60Mid-pack workplace-furnishings/hearth maker whose FY2025 returns were depressed by Steelcase acquisition costs.
Strengths
- Revenue +12.4% (62nd pct) with operating margin 58th pct and Kimball/Steelcase synergy runway
- Diversified across workplace furnishings and residential building products
Risks
- Weak returns: ROE 2.95% (47th pct), ROA 1.1%, net income down 61% on $95M acquisition costs and impairments
- Soft end-markets — low office occupancy and a rate-pressured housing/hearth business; quick ratio 27th pct
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
41.4%
Operating margin
4.4%
Net margin
1.9%
Return on equity
3.0%
Return on assets
1.1%
ROIC
3.2%
Revenue growth (QoQ)
97.1%
Net-income growth
-61.1%
Debt / equity
0.7×
Net debt / EBITDA
4.4×
Current ratio
1.2×
EBITDA
$233M
Tangible book value
$452M
Cash & investments
$246M
Stock comp / revenue
0.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-19 | Williams Linda K | Grant | 4.8K | — |
| 2026-05-19 | Sivajee Dhanusha | Grant | 4.8K | — |
| 2026-05-19 | ROBERTS DAVID MARTIN | Grant | 4.8K | — |
| 2026-05-19 | ROBERTS DAVID MARTIN | Grant | 427 | $29.25 |
| 2026-05-19 | Porcellato Larry B | Grant | 4.8K | — |
| 2026-05-19 | Jones Mary K.W. | Grant | 4.8K | — |
| 2026-05-19 | Hartnett John R. | Grant | 4.8K | — |
| 2026-05-19 | Hallinan Patrick D | Grant | 4.8K | — |
| 2026-05-19 | Brown Timothy C. E. | Grant | 4.8K | — |
| 2026-05-19 | Brown Timothy C. E. | Grant | 427 | $29.25 |
| 2026-05-19 | Bell Mary A | Grant | 4.8K | — |
| 2026-02-25 | SMITH KOURTNEY L | Grant | 8.3K | — |
| 2026-02-25 | SMITH KOURTNEY L | Tax withheld | 2.5K | $50.14 |
| 2026-02-25 | Smith Brian Scott | Grant | 7.7K | — |
| 2026-02-25 | Smith Brian Scott | Tax withheld | 3.5K | $50.14 |
| 2026-02-25 | Roch Michael J. | Grant | 5.4K | — |
| 2026-02-25 | Roch Michael J. | Tax withheld | 1.7K | $50.14 |
| 2026-02-25 | Rao Radhakrishna S | Grant | 6.9K | — |
| 2026-02-25 | Rao Radhakrishna S | Tax withheld | 2.9K | $50.14 |
| 2026-02-25 | Petersen Jennifer Sue | Grant | 5.0K | — |
| 2026-02-25 | Petersen Jennifer Sue | Tax withheld | 2.2K | $50.14 |
| 2026-02-25 | MEUNIER GREGORY A | Grant | 5.3K | — |
| 2026-02-25 | MEUNIER GREGORY A | Tax withheld | 1.6K | $50.14 |
| 2026-02-25 | Lorenger Jeffrey D | Grant | 113K | — |
| 2026-02-25 | Lorenger Jeffrey D | Tax withheld | 49K | $50.14 |
| 2026-02-25 | Hagedorn Jason Dean | Grant | 13K | — |
| 2026-02-25 | Hagedorn Jason Dean | Tax withheld | 5.6K | $50.14 |
| 2026-02-25 | Bullock Bishop Brandon III | Grant | 14K | — |
| 2026-02-25 | Bullock Bishop Brandon III | Tax withheld | 6.1K | $50.14 |
| 2026-02-25 | Bradford Steven M | Grant | 12K | — |
| 2026-02-25 | Bradford Steven M | Tax withheld | 5.1K | $50.14 |
| 2026-02-25 | Berger Vincent P | Grant | 23K | — |
| 2026-02-25 | Berger Vincent P | Tax withheld | 10K | $50.14 |
| 2026-02-18 | Roch Michael J. | Grant | 2.3K | — |
| 2026-02-18 | SMITH KOURTNEY L | Grant | 3.5K | — |
| 2026-02-18 | Smith Brian Scott | Grant | 5.6K | — |
| 2026-02-18 | Rao Radhakrishna S | Grant | 4.4K | — |
| 2026-02-18 | Petersen Jennifer Sue | Grant | 4.6K | — |
| 2026-02-18 | MEUNIER GREGORY A | Grant | 2.8K | — |
| 2026-02-18 | Lorenger Jeffrey D | Grant | 75K | — |
| 2026-02-18 | Hagedorn Jason Dean | Grant | 6.1K | — |
| 2026-02-18 | Bullock Bishop Brandon III | Grant | 6.9K | — |
| 2026-02-18 | Bradford Steven M | Grant | 5.4K | — |
| 2026-02-18 | Berger Vincent P | Grant | 10K | — |
| 2026-02-18 | ROBERTS DAVID MARTIN | Grant | 209 | $50.14 |
| 2026-02-18 | Williams Linda K | Grant | 349 | $50.14 |
| 2026-02-18 | Williams Linda K | Grant | 1.1K | $50.14 |
| 2026-02-18 | Brown Timothy C. E. | Grant | 349 | $50.14 |
| 2026-02-18 | Brown Timothy C. E. | Grant | 1.1K | $50.14 |
| 2026-02-15 | MEUNIER GREGORY A | Tax withheld | 954 | $50.03 |
| 2026-02-15 | Smith Brian Scott | Tax withheld | 555 | $50.03 |
| 2026-02-15 | Lorenger Jeffrey D | Tax withheld | 7.7K | $50.03 |
| 2026-02-15 | Rao Radhakrishna S | Tax withheld | 551 | $50.03 |
| 2026-02-15 | Hagedorn Jason Dean | Tax withheld | 971 | $50.03 |
| 2026-02-15 | SMITH KOURTNEY L | Tax withheld | 1.4K | $50.03 |
| 2026-02-15 | Bullock Bishop Brandon III | Tax withheld | 1.0K | $50.03 |
| 2026-02-15 | Petersen Jennifer Sue | Tax withheld | 406 | $50.03 |
| 2026-02-15 | Bradford Steven M | Tax withheld | 783 | $50.03 |
| 2026-02-15 | Roch Michael J. | Tax withheld | 978 | $50.03 |
| 2026-02-15 | Berger Vincent P | Tax withheld | 1.7K | $50.03 |
| 2026-02-14 | SMITH KOURTNEY L | Tax withheld | 333 | $50.03 |
| 2026-02-14 | Smith Brian Scott | Tax withheld | 425 | $50.03 |
| 2026-02-14 | Roch Michael J. | Tax withheld | 279 | $50.03 |
| 2026-02-14 | Rao Radhakrishna S | Tax withheld | 526 | $50.03 |
| 2026-02-14 | Petersen Jennifer Sue | Tax withheld | 395 | $50.03 |
| 2026-02-14 | MEUNIER GREGORY A | Tax withheld | 273 | $50.03 |
| 2026-02-14 | Lorenger Jeffrey D | Tax withheld | 7.1K | $50.03 |
| 2026-02-14 | Hagedorn Jason Dean | Tax withheld | 813 | $50.03 |
| 2026-02-14 | Bullock Bishop Brandon III | Tax withheld | 872 | $50.03 |
| 2026-02-14 | Bradford Steven M | Tax withheld | 597 | $50.03 |
| 2026-02-14 | Berger Vincent P | Tax withheld | 1.4K | $50.03 |
| 2026-02-12 | Smith Brian Scott | Tax withheld | 635 | $51.72 |
| 2026-02-12 | Petersen Jennifer Sue | Tax withheld | 416 | $51.72 |
| 2026-02-12 | Rao Radhakrishna S | Tax withheld | 481 | $51.72 |
| 2026-02-12 | Roch Michael J. | Tax withheld | 256 | $51.72 |
| 2026-02-12 | Hagedorn Jason Dean | Tax withheld | 931 | $51.72 |
| 2026-02-12 | MEUNIER GREGORY A | Tax withheld | 224 | $51.72 |
| 2026-02-12 | Bullock Bishop Brandon III | Tax withheld | 996 | $51.72 |
| 2026-02-12 | Berger Vincent P | Tax withheld | 1.4K | $51.72 |
| 2026-02-12 | SMITH KOURTNEY L | Tax withheld | 305 | $51.72 |
| 2026-02-12 | Bradford Steven M | Tax withheld | 545 | $51.72 |
| 2026-02-12 | Lorenger Jeffrey D | Tax withheld | 7.2K | $51.72 |
| 2026-02-09 | Smith Brian Scott | Option exercise | 2.0K | $46.62 |
| 2026-02-09 | Smith Brian Scott | Sell | 2.0K | $52.20 |
| 2026-01-19 | Smith Brian Scott | Tax withheld | 17 | $47.19 |
| 2025-12-10 | Brown Timothy C. E. | Grant | 58 | — |
| 2025-12-10 | Williams Linda K | Grant | 13K | — |
| 2025-11-25 | Lorenger Jeffrey D | Gift | 194K | — |
| 2025-11-25 | Lorenger Jeffrey D | Gift | 194K | — |
| 2025-11-24 | Lorenger Jeffrey D | Gift | 23K | — |
| 2025-11-24 | Lorenger Jeffrey D | Gift | 23K | — |
| 2025-11-06 | Hartnett John R. | Grant | 326 | $39.78 |
| 2025-11-06 | ROBERTS DAVID MARTIN | Grant | 263 | $39.78 |
| 2025-08-12 | Hartnett John R. | Grant | 291 | $44.61 |
| 2025-08-12 | ROBERTS DAVID MARTIN | Grant | 235 | $44.61 |
| 2025-08-11 | MEUNIER GREGORY A | Grant | 354 | — |
| 2025-07-24 | Lorenger Jeffrey D | Option exercise | 100 | $46.62 |
| 2025-07-24 | CALADO MIGUEL M | Sell | 1.7K | $53.00 |
| 2025-07-24 | Lorenger Jeffrey D | Sell | 100 | $53.29 |
| 2025-07-24 | Lorenger Jeffrey D | Option exercise | 100 | $46.62 |
| 2025-07-24 | Lorenger Jeffrey D | Sell | 100 | $53.29 |
| 2025-06-30 | MEUNIER GREGORY A | Tax withheld | 2.4K | $49.62 |
| 2025-06-30 | SMITH KOURTNEY L | Tax withheld | 3.9K | $49.62 |
| 2025-06-30 | Roch Michael J. | Tax withheld | 2.2K | $49.62 |
| 2025-06-27 | CALADO MIGUEL M | Sell | 2.0K | $50.00 |
| 2025-06-16 | Hagedorn Jason Dean | Grant | 1.1K | — |
| 2025-06-16 | Bullock Bishop Brandon III | Grant | 1.2K | — |
| 2025-06-16 | Hagedorn Jason Dean | Option exercise | 329 | $32.03 |
| 2025-06-13 | Hagedorn Jason Dean | Sell | 1.4K | $47.07 |
| 2025-06-13 | Hagedorn Jason Dean | Option exercise | 1.4K | $32.03 |
| 2025-05-13 | Sivajee Dhanusha | Grant | 2.7K | — |
| 2025-05-13 | ROBERTS DAVID MARTIN | Grant | 2.7K | — |
| 2025-05-13 | ROBERTS DAVID MARTIN | Grant | 215 | $48.76 |
| 2025-05-13 | Porcellato Larry B | Grant | 2.7K | — |
| 2025-05-13 | Jones Mary K.W. | Grant | 2.7K | — |
| 2025-05-13 | Hartnett John R. | Grant | 2.7K | — |
| 2025-05-13 | Hartnett John R. | Grant | 266 | $48.76 |
| 2025-05-13 | Hallinan Patrick D | Grant | 2.7K | — |
| 2025-05-13 | FRANCIS CHERYL A | Grant | 2.7K | — |
| 2025-05-13 | CALADO MIGUEL M | Grant | 2.7K | — |
| 2025-05-13 | Bell Mary A | Grant | 2.7K | — |
| 2025-02-21 | Smith Brian Scott | Sell | 944 | $49.95 |
| 2025-02-20 | Rao Radhakrishna S | Grant | 1.3K | — |
| 2025-02-20 | Smith Brian Scott | Grant | 1.7K | — |
| 2025-02-20 | Smith Brian Scott | Tax withheld | 792 | $48.23 |
| 2025-02-20 | Rao Radhakrishna S | Tax withheld | 385 | $48.23 |
| 2025-02-20 | Petersen Jennifer Sue | Grant | 882 | — |
| 2025-02-20 | Petersen Jennifer Sue | Tax withheld | 249 | $48.23 |
| 2025-02-20 | Lorenger Jeffrey D | Grant | 26K | — |
| 2025-02-20 | Lorenger Jeffrey D | Tax withheld | 11K | $48.23 |
| 2025-02-20 | Hagedorn Jason Dean | Grant | 2.8K | — |
| 2025-02-20 | Hagedorn Jason Dean | Tax withheld | 778 | $48.23 |
| 2025-02-20 | Bullock Bishop Brandon III | Grant | 3.1K | — |
| 2025-02-20 | Bullock Bishop Brandon III | Tax withheld | 1.3K | $48.23 |
| 2025-02-20 | Bradford Steven M | Grant | 2.6K | — |
| 2025-02-20 | Bradford Steven M | Tax withheld | 1.1K | $48.23 |
| 2025-02-20 | Berger Vincent P | Grant | 5.3K | — |
| 2025-02-20 | Berger Vincent P | Tax withheld | 2.3K | $48.23 |
| 2025-02-19 | Smith Brian Scott | Sell | 1.2K | $48.62 |
| 2025-02-18 | Smith Brian Scott | Sell | 556 | $49.90 |
| 2025-02-16 | Bradford Steven M | Tax withheld | 544 | $50.00 |
| 2025-02-16 | Petersen Jennifer Sue | Tax withheld | 150 | $50.00 |
| 2025-02-16 | Bullock Bishop Brandon III | Tax withheld | 667 | $50.00 |
| 2025-02-16 | Smith Brian Scott | Tax withheld | 380 | $50.00 |
| 2025-02-16 | Hagedorn Jason Dean | Tax withheld | 393 | $50.00 |
| 2025-02-16 | Rao Radhakrishna S | Tax withheld | 197 | $50.00 |
| 2025-02-16 | Berger Vincent P | Tax withheld | 1.1K | $50.00 |
| 2025-02-16 | Lorenger Jeffrey D | Tax withheld | 5.3K | $50.00 |
| 2025-02-15 | Bullock Bishop Brandon III | Tax withheld | 1.0K | $50.00 |
| 2025-02-15 | Smith Brian Scott | Tax withheld | 555 | $50.00 |
| 2025-02-15 | Rao Radhakrishna S | Tax withheld | 401 | $50.00 |
| 2025-02-15 | Petersen Jennifer Sue | Tax withheld | 280 | $50.00 |
| 2025-02-15 | Lorenger Jeffrey D | Tax withheld | 7.7K | $50.00 |
| 2025-02-15 | Hagedorn Jason Dean | Tax withheld | 643 | $50.00 |
| 2025-02-15 | Bradford Steven M | Tax withheld | 783 | $50.00 |
| 2025-02-15 | Berger Vincent P | Tax withheld | 1.7K | $50.00 |
| 2025-02-14 | MEUNIER GREGORY A | Tax withheld | 273 | $49.60 |
| 2025-02-14 | Bradford Steven M | Tax withheld | 597 | $49.60 |
| 2025-02-14 | Rao Radhakrishna S | Tax withheld | 382 | $49.60 |
| 2025-02-14 | Roch Michael J. | Tax withheld | 280 | $49.60 |
| 2025-02-14 | Berger Vincent P | Tax withheld | 1.4K | $49.60 |
| 2025-02-14 | Hagedorn Jason Dean | Tax withheld | 562 | $49.60 |
| 2025-02-14 | SMITH KOURTNEY L | Tax withheld | 334 | $49.60 |
| 2025-02-14 | Bullock Bishop Brandon III | Tax withheld | 871 | $49.60 |
| 2025-02-14 | Lorenger Jeffrey D | Tax withheld | 7.1K | $49.60 |
| 2025-02-14 | Smith Brian Scott | Tax withheld | 425 | $49.60 |
| 2025-02-14 | Petersen Jennifer Sue | Tax withheld | 273 | $49.60 |
| 2025-02-12 | Bradford Steven M | Grant | 4.0K | — |
| 2025-02-12 | Berger Vincent P | Grant | 8.9K | — |
| 2025-02-12 | Smith Brian Scott | Grant | 4.4K | — |
| 2025-02-12 | Hartnett John R. | Grant | 266 | $48.23 |
| 2025-02-12 | SMITH KOURTNEY L | Grant | 3.5K | — |
| 2025-02-12 | ROBERTS DAVID MARTIN | Grant | 215 | $48.23 |
| 2025-02-12 | Roch Michael J. | Grant | 2.3K | — |
| 2025-02-12 | Rao Radhakrishna S | Grant | 3.0K | — |
| 2025-02-12 | Petersen Jennifer Sue | Grant | 2.6K | — |
| 2025-02-12 | MEUNIER GREGORY A | Grant | 2.2K | — |
| 2025-02-12 | Lorenger Jeffrey D | Grant | 53K | — |
| 2025-02-12 | Hagedorn Jason Dean | Grant | 4.6K | — |
| 2025-02-12 | Bullock Bishop Brandon III | Grant | 5.0K | — |
| 2025-01-22 | Smith Brian Scott | Tax withheld | 17 | $50.85 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-10 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-05-21 | Exec/director changeShareholder vote | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-02-25 | Exhibits | filing ↗ |
| 2026-02-25 | ResultsExhibits | filing ↗ |
| 2026-01-08 | 2.05ImpairmentExhibits | filing ↗ |
| 2025-12-10 | Material agreementAcquisition/dispositionDebt obligationExec/director changeOtherExhibits | filing ↗ |
| 2025-12-08 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-10 | 2026-06-10 | 0000950103-26-008782 ↗ |
| 8-K | 2026-05-21 | 2026-05-18 | 0001140361-26-022463 ↗ |
| 10-Q | 2026-05-06 | 2026-04-04 | 0000048287-26-000100 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0000048287-26-000098 ↗ |
| 10-K | 2026-03-03 | 2026-01-03 | 0000048287-26-000084 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0000048287-26-000059 ↗ |
| 8-K/A | 2026-02-25 | 2025-12-10 | 0001140361-26-006800 ↗ |
| 8-K | 2026-01-08 | 2026-01-08 | 0001140361-26-000697 ↗ |
| 8-K | 2025-12-10 | 2025-12-10 | 0000950103-25-015967 ↗ |
| 8-K | 2025-12-08 | 2025-12-05 | 0000950103-25-015834 ↗ |
| 8-K | 2025-12-05 | 2025-12-05 | 0000950103-25-015816 ↗ |
| 8-K | 2025-11-25 | 2025-11-25 | 0000950103-25-015193 ↗ |