HNIHNI CORP
Office Furniture (no Wood)
- Revenue
- $2.8B
- 12% YoY
- Operating margin
- 4.4%
- 46% YoY
- EBITDA
- $233M
- 26% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.4×
- $1.3B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear510% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear53% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear17% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2026 | YoY |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.4B | $2.5B | $2.8B | 12% |
| Operating income | $155M | $90M | $207M | $126M | 39% |
| Net income | $124M | $49M | $140M | $54M | 61% |
| Operating cash flow | $81M | $268M | $227M | $276M | 22% |
| Capex | $68M | $79M | $53M | $68M | 28% |
| Stock-based comp | $9M | $17M | $17M | $25M | 42% |
| Buybacks | $65M | $300K | $66M | $84M | 27% |
| Dividends | $53M | $59M | $64M | $63M | 0.8% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 7
- Net
- −$2M
Pay vs performance
No pay-versus-performance disclosure yet.