HNI Corporation (HNI)

HNI Corporation Income Statement

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

Year Ending	TTM	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019
Revenue	2,543	2,434	2,362	2,184	1,955	2,247
Revenue Growth (YoY)	12.10%	3.06%	8.12%	11.71%	-12.98%	-0.48%
Cost of Revenue	1,536	1,486	1,527	1,427	1,234	1,413
Gross Profit	1,007	948.3	834.9	757.4	721.2	833.76
Selling, General & Admin	848.4	813.2	723.4	665.6	620.9	680.05
Other Operating Expenses	44.9	44.8	6.7	6.3	38.8	2.37
Operating Expenses	893.3	858	730.1	671.9	659.7	682.42
Operating Income	113.6	90.3	104.8	85.5	61.5	151.34
Interest Expense / Income	30.5	25.5	8.8	7.2	7	8.63
Other Expense / Income	-	-	-50.4	-	0.1	-0
Pretax Income	83.1	64.8	146.4	78.3	54.4	142.72
Income Tax	17.7	15.6	22.5	18.5	12.5	32.21
Net Income	65.4	49.2	123.9	59.8	41.9	110.51
Net Income Growth	-41.24%	-60.29%	107.19%	42.72%	-62.08%	18.34%
Shares Outstanding (Basic)	47	45	42	43	43	43
Shares Outstanding (Diluted)	48	45	42	44	43	43
Shares Change	14.25%	7.58%	-4.09%	2.33%	-1.14%	-1.88%
EPS (Basic)	1.40	1.11	2.97	1.38	0.98	2.56
EPS (Diluted)	1.36	1.09	2.94	1.36	0.98	2.54
EPS Growth	-49.06%	-62.93%	116.18%	38.78%	-61.42%	20.38%
Free Cash Flow	175.7	188.4	12.8	65	172.7	152.5
Free Cash Flow Per Share	3.73	4.23	0.31	1.50	4.04	3.54
Dividend Per Share	1.280	1.280	1.270	1.235	1.220	1.210
Dividend Growth	0%	0.79%	2.83%	1.23%	0.83%	3.42%
Gross Margin	39.60%	38.96%	35.35%	34.67%	36.88%	37.11%
Operating Margin	4.47%	3.71%	4.44%	3.91%	3.15%	6.74%
Profit Margin	2.57%	2.02%	5.25%	2.74%	2.14%	4.92%
Free Cash Flow Margin	6.91%	7.74%	0.54%	2.98%	8.83%	6.79%
Effective Tax Rate	21.30%	24.07%	15.37%	23.63%	22.98%	22.57%
EBITDA	214.8	185.2	239.4	168.6	139.1	251.71
EBITDA Margin	8.45%	7.61%	10.14%	7.72%	7.11%	11.20%
Depreciation & Amortization	101.2	94.9	84.2	83.1	77.7	100.36
EBIT	113.6	90.3	155.2	85.5	61.4	151.34
EBIT Margin	4.47%	3.71%	6.57%	3.91%	3.14%	6.74%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).