HNI Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Cash & Equivalents	20.7	22.5	28.9	17.4	52.3	116.12
Short-Term Investments	7.4	6.4	5.6	2	1.4	1.69
Cash & Short-Term Investments	28.1	28.9	34.5	19.4	53.7	117.81
Cash Growth	-30.10%	-16.23%	77.83%	-63.87%	-54.42%	121.57%
Receivables	258.5	249.6	246.7	218.1	238.7	203.22
Inventory	194.5	194.3	196.6	180.1	181.6	137.81
Prepaid Expenses	61.3	51.3	58.2	51.5	49.6	36.9
Other Current Assets	0.5	0.4	-0.1	0.1	-0.1	-
Total Current Assets	542.9	524.5	535.9	469.2	523.5	495.74
Property, Plant & Equipment	632.1	665.7	682.6	452.5	459.9	442.27
Long-Term Investments	-	19.1	19.3	12.3	14.4	13.41
Goodwill	442.1	442.2	441.1	305.9	297.4	292.43
Other Intangible Assets	161.8	182.1	210.8	133.9	174.1	166.46
Long-Term Accounts Receivable	26.9	26.2	28.1	29.8	18.2	2.49
Long-Term Deferred Tax Assets	-	-	-	-	-	0.61
Long-Term Deferred Charges	0.3	0.5	-	1.2	-	-
Other Long-Term Assets	36.9	14.8	11	9.7	10.4	4.63
Total Assets	1,843	1,875	1,929	1,415	1,498	1,418
Accounts Payable	273.8	190.4	193.8	165.3	233.8	190.53
Accrued Expenses	-	128.1	153.3	140.1	178.5	166.65
Current Portion of Long-Term Debt	-	50.3	7.5	1.3	3.2	0.84
Current Portion of Leases	34.4	33.7	30.3	24	25.6	21.56
Current Unearned Revenue	62.5	67.5	67	58.6	58.7	53.07
Other Current Liabilities	38.3	7.5	11.8	5.8	6.6	6.38
Total Current Liabilities	409	477.5	463.7	395.1	506.4	439.03
Long-Term Debt	324.2	294.3	428.3	188.8	174.6	174.52
Long-Term Leases	100.8	118.5	111.9	86.6	71.2	57.77
Pension & Post-Retirement Benefits	-	15.4	16.4	16.2	22.1	22.36
Long-Term Deferred Tax Liabilities	98.1	71.6	85.1	61	75	74.71
Other Long-Term Liabilities	75	57.4	61.7	50	58.7	58.9
Total Liabilities	1,007	1,035	1,167	797.7	908	827.29
Common Stock	45.8	47.2	46.9	41.4	42.6	42.92
Additional Paid-In Capital	134.7	201.5	201.6	49.1	39.2	38.66
Retained Earnings	655.5	599.6	523.6	534	514.6	517.99
Comprehensive Income & Other	-0.1	-8.2	-10.7	-8	-6.8	-9.15
Total Common Equity	835.9	840.1	761.4	616.5	589.6	590.42
Minority Interest	-	0.3	0.3	0.3	0.3	0.33
Shareholders' Equity	835.9	840.4	761.7	616.8	589.9	590.75
Total Liabilities & Equity	1,843	1,875	1,929	1,415	1,498	1,418
Total Debt	459.4	496.8	578	300.7	274.6	254.69
Net Cash (Debt)	-431.3	-467.9	-543.5	-281.3	-220.9	-136.88
Net Cash Per Share	-9.05	-9.65	-11.97	-6.67	-5.02	-3.18
Filing Date Shares Outstanding	45.83	47.02	46.89	41.41	42.34	42.94
Total Common Shares Outstanding	45.83	47.2	46.9	41.4	42.58	42.92
Working Capital	133.9	47	72.2	74.1	17.1	56.71
Book Value Per Share	18.24	17.80	16.23	14.89	13.85	13.76
Tangible Book Value	232	215.8	109.5	176.7	118.1	131.52
Tangible Book Value Per Share	5.06	4.57	2.33	4.27	2.77	3.06
Land	57.7	58.5	58.9	30.8	30.9	29.69
Buildings	418.6	407.9	406.8	275.4	294.5	293.71
Machinery	665.1	685.9	705.8	602.6	593.6	578.64
Construction In Progress	31.2	25.9	22.2	34.2	29.7	17.75

Source: S&P Global Market Intelligence. Standard template. Financial Sources.