# HNI Corporation (HNI) · Edgar & Edgarette company card

> Hni (HNI) grew revenue 12.4% in FY2026 to $2.8 billion, operating margin 4.4%, in line with the 4.4% median for office furniture (no wood), equity 37.6% of assets, and dividend per share up 15 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 48287 · fiscal year ended 2026-01-03 · 5 audited years read · [page](https://www.pops4.com/boards/company/HNI) · [JSON](https://www.pops4.com/boards/company/HNI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.8B |
| Revenue growth, 1 year | 12.4% |
| Revenue growth per year | 6.8% |
| Operating margin | 4.4% (prior year 8.2%) |
| Net margin | 1.9% |
| Operating cash flow | $276M |
| Capital spending | $68M |
| Free cash flow | $209M |
| Cash | $209M |
| Long-term debt | $1.3B |
| Total assets | $4.9B |
| Total equity | $1.8B |
| Equity ÷ assets | 37.6% |
| Return on equity | 3.0% |
| Dividend per share | $1.35 |
| Dividend years rising | 15 |

## Readings, computed from those figures

- Altman Z: 1.57 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · filed restructuring or exit costs, material impairment in the last 12 months
- Cash Compass: Steady earner · steady and paying a dividend, with average cash

## Edgarette's reading

Exposure: revenue $2.8B (FY2026), total debt $1.3B. Experience: revenue up 12.4% on the year, up 6.8% a year over 4 years; operating margin 4.4%, down from 8.2%. Soundness: equity 37.6% of assets, return on equity 3.0%, payout 116.4% of profit, dividend per share up 15 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.8B and $3.3B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.6B to $3.5B. A statistical range, not company guidance. Against peers (12 filers, $50M+ revenue, its industry group): operating margin 4.4% against a 4.4% median; growth 12.4% against 1.3%.

Range logged 2026-10-31, receipt 36eae3ce37a09824, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.05 Restructuring or exit costs: 1, latest 2026-01-08 ([filing](https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/0001140361-26-000697-index.htm))
- Item 2.06 Material impairment: 1, latest 2026-01-08 ([filing](https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/0001140361-26-000697-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-05-21 ([filing](https://www.sec.gov/Archives/edgar/data/48287/000114036126022463/0001140361-26-022463-index.htm))

## Recent filings

- 10-Q · filed 2026-11-03 · [filing](https://www.sec.gov/Archives/edgar/data/48287/000004828726000147/0000048287-26-000147-index.htm)
- 8-K · filed 2026-11-03 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/48287/000004828726000145/0000048287-26-000145-index.htm)
- 8-K · filed 2026-08-20 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/48287/000114036126033891/0001140361-26-033891-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/48287/000004828726000125/0000048287-26-000125-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/48287/000004828726000122/0000048287-26-000122-index.htm)
- 8-K · filed 2026-06-10 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/48287/000095010326008782/0000950103-26-008782-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000048287.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=48287

## Cite

POPS4, Edgar & Edgarette: HNI Corporation (HNI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/HNI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.