HNI Corporation

HNI Corporation

Family of leading brands providing products and services for the office and home.

HQ location
Muscatine, United States
Launch date
Market cap
$2.1b
Enterprise value
$2.6b
Share price
$45.02 HNI
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DateInvestorsAmountRound
N/A

N/A

IPO
Total Funding000k
No items found
No investors found

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues0000000000000000000000000000
% growth(13 %)12 %8 %3 %4 %5 %4 %
EBITDA0000000000000000000000000000
% EBITDA margin9 %8 %8 %9 %13 %--
Profit0000000000000000000000000000
% profit margin2 %3 %5 %2 %6 %--
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Equity research estimates

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More about HNI Corporation
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In 1944, three visionary entrepreneurs, C. Maxwell Stanley, Clement Hanson, and H. Wood Miller, founded the Home-O-Nize Company. Their mission was to create a business that not only thrived economically but also provided quality products and a great workplace. This foundational ethos set the stage for what would become HNI Corporation.

Initially focused on manufacturing home appliances, the company quickly recognized the potential in office furniture. This strategic pivot allowed them to tap into a burgeoning market, setting the course for future growth. By the 1970s, the company had firmly established itself as a leader in the office furniture industry.

A significant milestone in HNI's journey was its decision to go public in 1981. Trading on the New York Stock Exchange marked a new era of expansion and visibility. This move not only provided the capital necessary for growth but also solidified HNI's reputation as a major player in the industry.

Over the decades, HNI expanded its reach beyond the United States, establishing a presence in Canada and Mexico. This international expansion was fueled by a commitment to innovation and customer service, ensuring that HNI remained at the forefront of the office furniture market.

Today, HNI Corporation stands as one of the largest office furniture manufacturers globally, a testament to the vision and determination of its founders. The company's journey from a small startup to an industry leader exemplifies the power of strategic pivots and the importance of staying true to core values.

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Investments analysisEdit

Investments by HNI Corporation

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Steelcase
ACQUISITION by HNI Corporation Aug 2025
OFM
ACQUISITION by HNI Corporation Jan 2016
Hickory Business Furniture
ACQUISITION by HNI Corporation Mar 2008
Kimball International
ACQUISITION by HNI Corporation Mar 2023
Paoli
ACQUISITION by HNI Corporation Dec 2003
Omni Workspace
ACQUISITION by HNI Corporation Aug 2004
BP Ergo
ACQUISITION by HNI Corporation Aug 2012
View 3 more