MillerKnoll Inc

Chart & Performance

D1W1MN

P/E

17.74

P/S

0.40

EPS

1.21

Div Yield, %

3.81%

Shrs. gr., 5y

4.49%

Rev. gr., 5y

7.16%

Revenues

3.63b

-11.22%

Net income

82m

+95.49%

CFO

352m

+116.27%

Dividend

Aug 29, 20240.1875 USD/sh

Earnings

Mar 25, 2025

Profile

MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. The company operates in four segments: Americas Contract, International Contract, Global Retail, and Knoll. It offers office furniture products under the Aeron, Mirra, Sayl, Embody, Layout Studio, Imagine Desking System, Ratio, Cosm, Tone, and Generation by Knoll names; and other seating and storage products and ergonomic accessories under the About A Chair, Palissade, Eero Saarinen designs, Barcelona, and the Flo monitor arm names. The company also offers office seating, office furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. As of May 28, 2022, the company operated 70 retail studios including 35 operates under the DWR brand, 7 under the HAY brand, 22 Herman Miller stores, 2 Muuto stores, 3 Knoll stores, and a multi-brand Chicago store. Its products are used in institutional, health/science, and residential and other environments; transportation terminals; and industrial and educational settings. The company markets its products through its sales staff, and independent dealers and retailers, as well as e-commerce websites. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.

URL

https://hermanmiller.com/

IPO date

Sep 25, 1970

Employees

10,900

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑05	2023‑05	2022‑05	2021‑05	2020‑05	2019‑05	2018‑05	2017‑05	2016‑05	2015‑05
Income
Revenues	3,628,400 -11.22%	4,087,100 3.58%	3,946,000 60.07%
Cost of revenue	2,301,500	2,762,800	2,702,000
Unusual Expense (Income)
NOPBT	1,326,900	1,324,300	1,244,000
NOPBT Margin	36.57%	32.40%	31.53%
Operating Taxes	14,700	4,500	11,100
Tax Rate	1.11%	0.34%	0.89%
NOPAT	1,312,200	1,319,800	1,232,900
Net income	82,300 95.49%	42,100 -313.71%	(19,700) -111.28%
Dividends	(55,600)	(57,100)	(54,500)
Dividend yield	2.73%	5.27%	2.43%
Proceeds from repurchase of equity	(132,300)	(10,500)	(8,700)
BB yield	6.49%	0.97%	0.39%
Debt
Debt current	177,900	187,600	109,200
Long-term debt	2,079,700	2,229,600	2,255,500
Deferred revenue
Other long-term liabilities	234,800	273,000	325,200
Net debt	1,963,300	2,125,300	2,092,600
Cash flow
Cash from operating activities	352,300	162,900	(11,900)
CAPEX	(78,400)	(83,300)	(94,700)
Cash from investing activities	(86,300)	(76,500)	(1,172,400)
Cash from financing activities	(258,800)	(86,800)	1,039,900
FCF	1,514,900	1,256,800	448,100
Balance
Cash	230,400	223,500	230,300
Long term investments	63,900	68,400	41,800
Excess cash	112,880	87,545	74,800
Stockholders' equity	733,700	703,700	708,300
Invested Capital	3,410,920	3,672,055	3,671,000
ROIC	37.05%	35.95%	49.90%
ROCE	37.66%	35.22%	33.21%
EV
Common stock shares outstanding	73,955	76,024	73,160
Price	27.58 93.68%	14.24 -53.54%	30.65 -35.88%
Market cap	2,039,672 88.41%	1,082,587 -51.72%	2,242,360 -21.01%
EV	4,076,872	3,315,487	4,441,860
EBITDA	1,482,000	1,439,600	1,434,600
EV/EBITDA	2.75	2.30	3.10
Interest	76,200	70,900	37,800
Interest/NOPBT	5.74%	5.35%	3.04%