US-listed companies
HNI CORP

HNI CORPHNI

Market cap

$2.1B

P/E ratio

42.2x

Income statement Balance sheet Cash flow

	Jan 1, 2011	Dec 31, 2011	Dec 29, 2012	Dec 28, 2013	Jan 3, 2015	Jan 2, 2016	Dec 31, 2016	Dec 30, 2017	Dec 29, 2018	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023
Net sales	1,687	1,833	2,004	2,060	2,223	2,304	2,203	2,176	2,258	2,247	1,955	2,184	2,362	2,434
Cost of sales	1,101	1,194	1,315	1,345	1,438	1,457	1,368	1,392	1,423	1,413	1,234	1,427	1,527	1,486
Gross profit	586	639	689	715	784	847	835	784	835	834	721	757	835	948
Selling and administrative expenses	518	554	600	609	649	672	668	672	691	680	621	666	723	813
Gain on sale of subsidiary	-	-	-	-	11	0	-23	2	-	-	-	-	50	-
Restructuring and impairment charges	9	3	2	0	33	12	11	37	16	2	39	6	7	45
Operating income	58	81	88	106	113	164	134	77	128	151	61	85	155	90
Interest expense, net	-	-	-	-	-	-	-	-	-	-	-	-	-9	-25
Income before income taxes	46	70	78	97	105	157	129	71	119	143	54	78	146	65
Income tax expense	17	24	29	33	44	52	43	-19	25	32	12	18	23	16
Net income	27	46	48	63	61	105	86	90	93	111	42	60	124	49
Net Income (Loss) Attributable to Noncontrolling Interest	0	-0	-1	-0	-0	-0	0	0	-0	-0	0	-0	-	-
Net income attributable to HNI Corporation	27	46	49	64	61	105	86	90	93	111	42	60	124	49
Earnings Per Share, Basic	0.6	1.03	1.08	1.41	1.37	2.38	1.93	2.05	2.14	2.56	0.98	1.38	2.97	1.11
Earnings Per Share, Diluted	0.59	1.01	1.07	1.39	1.35	2.32	1.88	2	2.11	2.54	0.98	1.36	2.94	1.09
Foreign currency translation adjustments	-	-	-	-3	-1	-2	-2	1	-3	0	2	0	-6	-0
Change in unrealized gains (losses) on marketable securities, net of tax	-	-	-	-0	-0	-0	-0	-0	-0	0	0	-0	-1	0
Change in pension and post-retirement liability, net of tax	-	-	-	-2	5	-1	-0	0	-3	3	1	-1	-4	-
Change in derivative financial instruments, net of tax	-	-	-	-	-	-	-	-	-	-2	-2	1	1	-3
Other comprehensive income (loss), net of tax	-	-	-0	-0	-6	0	0	1	0	-	-	2	-1	-3
Comprehensive income	-	-	48	63	55	106	86	91	93	106	41	62	123	47
Less: Comprehensive income (loss) attributable to non-controlling interest	-	-	-1	-0	-0	-0	0	0	-0	-0	0	-0	-	-
Comprehensive income attributable to HNI Corporation	-	-	49	63	55	106	86	91	93	106	41	62	123	47