HNI Q4 2023 Earnings — HNI Corporation Revenue & Financial Results | Market Cap Arena

HNIHNI Corporation

$2B

Q4 2023 Earnings

Industrials Business Equipment & Supplies

Income Statement

Revenue

$680M+19.5% YoY

Gross Profit

$273M40.2% margin

Operating Income

$66M9.7% margin

Net Income

$23M3.3% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-4.5%

Cash Flow

Operating Cash Flow

$105M

Free Cash Flow

$89M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.2B

Stockholders' Equity

$761M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$680M	$569M	+19.5%
Gross Profit	$273M	$200M	+36.3%
Operating Income	$66M	$29M	+128.5%
Net Income	$23M	$16M	+39.3%

Revenue Segments

Workplace Furnishings

$491M72%

Residential Building Products

$189M28%