HNI Q2 2024 Earnings — HNI Corporation Revenue & Financial Results | Market Cap Arena

HNIHNI Corporation

$2B

Q2 2024 Earnings

Industrials Business Equipment & Supplies

Income Statement

Revenue

$624M+10.7% YoY

Gross Profit

$254M40.6% margin

Operating Income

$55M8.9% margin

Net Income

$36M5.8% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$51M

Free Cash Flow

$35M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.2B

Stockholders' Equity

$788M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$624M	$564M	+10.7%
Gross Profit	$254M	$208M	+21.8%
Operating Income	$55M	$36M	+54.3%
Net Income	$36M	-$13M	+381.3%

Revenue Segments

Workplace Furnishings

$480M77%

Residential Building Products

$144M23%