Company

HNI Corporation

Headquarters: Muscatine, IA, United States

Founded: 1944

Employees: 7,900

CEO: Mr. Jeffrey D. Lorenger

NYSE: HNI -0.17%

Market Cap

$1.89 Billion

USD as of Jan. 1, 2024

Market Cap History

HNI Corporation market capitalization over time

Evolution of HNI Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of HNI Corporation

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)

Details

Headquarters:

600 East Second Street

PO Box 1109

Muscatine, IA 52761-0071

United States

Phone: 563 272 7400