Company
HNI Corporation
Headquarters: Muscatine, IA, United States
Founded: 1944
Employees: 7,900
CEO: Mr. Jeffrey D. Lorenger
Market Cap
$2.10 Billion
USD as of July 1, 2024
HNI Corporation Categories
United States Industrials Business Equipment & SuppliesUnited States Industrials United States Business Equipment & Supplies
Top Competitors by Market Capitalization
Industry: Business Equipment & Supplies
| Company | Market Cap (USD) |
|---|---|
| FUJIFILM Holdings Corp | $29.08 B |
| Avery Dennison Corporation | $17.40 B |
| Ricoh Company, Ltd. | $5.52 B |
| Brother Industries Ltd | $4.79 B |
| Shanghai M&G Stationery, Inc. | $3.80 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| General Electric | $178.42 B |
| Caterpillar | $160.58 B |
| Siemens | $149.99 B |
| Schneider Electric | $138.86 B |
| Honeywell | $138.35 B |
Detailed Description
HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
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Stocks & Indices
HNI Corporation has the following listings and related stock indices.
Stock: NYSE: HNI wb_incandescent
Stock: FSX: HO9 wb_incandescent
Product & Services
Furniture & Fireplaces
Key People
Jeffrey D. Lorenger (Chairman, President & CEO) Marshall H. Bridges (Senior Vice President & CFO)
Financials
Revenue: US$2.25 billion (2019)
Operating income: US$152.34 million (2019)
Net income: US$110.50 million (2019)
Total assets: US$1.45 billion (2019)
Total equity: US$584.37 million (2019)