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Hni Corp. (HNI) Stock Fundamental Analysis & AI Rating 2026

HNI NYSE Office Furniture (No Wood) IA CIK: 0000048287
Recently Updated • Analysis: Apr 11, 2026 • SEC Data: 2026-01-03
Combined AI Rating
SELL
68% Confidence
AGREEMENT
SELL
72% Conf
HOLD
65% Conf

📊 HNI Key Takeaways

Revenue: $2.8B
Net Margin: 1.9%
Free Cash Flow: $208.5M
Current Ratio: 1.24x
Debt/Equity: 0.70x
EPS: $1.11
AI Rating: SELL with 72% confidence
Hni Corp. (HNI) receives a SELL rating with 68% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.8B, net profit margin of 1.9%, and return on equity (ROE) of 3.0%, Hni Corp. demonstrates mixed fundamentals in the Market sector. Below is our complete HNI stock analysis for 2026.

Is Hni Corp. (HNI) a Good Investment?

Claude

HNI exhibits concerning margin compression with revenue growing 12.4% while net income remains flat, indicating cost inflation outpacing sales growth. Abysmal capital efficiency (ROE 3.0%, ROA 1.1%) and net margins of only 1.9% reflect fundamental profitability challenges in a cyclical industry, despite moderate financial stability.

ChatGPT

HNI delivers solid top-line growth and strong free cash flow supported by healthy gross margins and ample interest coverage with manageable leverage. However, profitability remains thin with weak ROE/ROA and flat net income, while diluted EPS fell sharply, pressuring per-share fundamentals. Execution on margin expansion and sustaining cash conversion will determine fundamental improvement.

Why Buy Hni Corp. Stock? HNI Key Strengths

Claude
  • + Strong revenue growth of 12.4% year-over-year demonstrates market demand
  • + Solid free cash flow generation of 208.5M provides financial flexibility
  • + Strong interest coverage ratio of 17.6x indicates no debt service distress
ChatGPT
  • + Double-digit revenue growth with resilient gross margin
  • + Robust operating cash flow and 7.3% FCF margin
  • + Moderate leverage and strong interest coverage (17.6x)

HNI Stock Risks: Hni Corp. Investment Risks

Claude
  • ! Severe margin compression with operating margin of only 4.4% and net margin of 1.9%, among the lowest for manufacturing
  • ! Net income flat despite 12.4% revenue growth, signaling deteriorating unit economics and profitability
  • ! Diluted EPS down 61.5% year-over-year despite flat net income indicates significant shareholder value destruction through dilution
  • ! Extremely weak return on equity (3.0%) and return on assets (1.1%) suggest capital is not generating adequate returns
  • ! Quick ratio of 0.82x indicates tight short-term liquidity without inventory support
ChatGPT
  • ! Thin operating (4.4%) and net (1.9%) margins driving weak returns
  • ! Diluted EPS down 61.5% YoY, pressuring per-share performance
  • ! Cyclical office demand and potential working-capital normalization risk (quick ratio 0.82x)

Key Metrics to Watch

Claude
  • * Operating margin trend and gross margin sustainability amid cost pressures
  • * Free cash flow conversion and capital deployment efficiency
  • * Debt levels and refinancing needs relative to operating cash flow
ChatGPT
  • * Operating margin
  • * Free cash flow margin

Hni Corp. (HNI) Financial Metrics & Key Ratios

Revenue
$2.8B
Net Income
$54.2M
EPS (Diluted)
$1.11
Free Cash Flow
$208.5M
Total Assets
$4.9B
Cash Position
$209.2M

💡 AI Analyst Insight

Hni Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

HNI Profit Margin, ROE & Profitability Analysis

Gross Margin 41.4%
Operating Margin 4.4%
Net Margin 1.9%
ROE 3.0%
ROA 1.1%
FCF Margin 7.3%

HNI vs Market Sector: How Hni Corp. Compares

How Hni Corp. compares to Market sector averages

Net Margin
HNI 1.9%
vs
Sector Avg 12.0%
HNI Sector
ROE
HNI 3.0%
vs
Sector Avg 15.0%
HNI Sector
Current Ratio
HNI 1.2x
vs
Sector Avg 1.8x
HNI Sector
Debt/Equity
HNI 0.7x
vs
Sector Avg 0.7x
HNI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Hni Corp. Stock Overvalued? HNI Valuation Analysis 2026

Based on fundamental analysis, Hni Corp. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
3.0%
Sector avg: 15%
Net Profit Margin
1.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.70x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Hni Corp. Balance Sheet: HNI Debt, Cash & Liquidity

Current Ratio
1.24x
Quick Ratio
0.82x
Debt/Equity
0.70x
Debt/Assets
62.4%
Interest Coverage
17.61x
Long-term Debt
$1.3B

HNI Revenue & Earnings Growth: 5-Year Financial Trend

HNI 5-year financial data: Year 2021: Revenue $2.2B, Net Income $110.5M, EPS $2.54. Year 2022: Revenue $2.4B, Net Income $41.9M, EPS $0.98. Year 2023: Revenue $2.4B, Net Income $59.8M, EPS $1.36. Year 2024: Revenue $2.5B, Net Income $123.9M, EPS $2.94. Year 2025: Revenue $2.8B, Net Income $49.2M, EPS $1.09.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Hni Corp.'s revenue has grown significantly by 26% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.09 reflects profitable operations.

HNI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
7.3%
Free cash flow / Revenue

HNI Quarterly Earnings & Performance

Quarterly financial performance data for Hni Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $672.2M $41.2M $0.88
Q2 2025 $623.7M $36.0M $0.75
Q1 2025 $588.0M $13.9M $0.29
Q3 2024 $672.2M $26.5M $0.60
Q2 2024 $563.5M -$11.3M $-0.27
Q1 2024 $479.1M $1.6M $0.04
Q3 2023 $598.8M $26.5M $0.60
Q2 2023 $563.5M -$11.3M $-0.27

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Hni Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$276.3M
Cash generated from operations
Stock Buybacks
$83.6M
Shares repurchased (TTM)
Capital Expenditures
$67.8M
Investment in assets
Dividends Paid
$63.1M
Returned to shareholders

HNI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Hni Corp. (CIK: 0000048287)

📋 Recent SEC Filings

Date Form Document Action
Mar 25, 2026 DEF 14A ny20067633x2_def14a.htm View →
Mar 3, 2026 10-K hni-20260103.htm View →
Feb 27, 2026 4 xslF345X05/wk-form4_1772206360.xml View →
Feb 27, 2026 4 xslF345X05/wk-form4_1772206317.xml View →
Feb 27, 2026 4 xslF345X05/wk-form4_1772206276.xml View →

Frequently Asked Questions about HNI

What is the AI rating for HNI?

Hni Corp. (HNI) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HNI's key strengths?

Claude: Strong revenue growth of 12.4% year-over-year demonstrates market demand. Solid free cash flow generation of 208.5M provides financial flexibility. ChatGPT: Double-digit revenue growth with resilient gross margin. Robust operating cash flow and 7.3% FCF margin.

What are the risks of investing in HNI?

Claude: Severe margin compression with operating margin of only 4.4% and net margin of 1.9%, among the lowest for manufacturing. Net income flat despite 12.4% revenue growth, signaling deteriorating unit economics and profitability. ChatGPT: Thin operating (4.4%) and net (1.9%) margins driving weak returns. Diluted EPS down 61.5% YoY, pressuring per-share performance.

What is HNI's revenue and growth?

Hni Corp. reported revenue of $2.8B.

Does HNI pay dividends?

Hni Corp. pays dividends, with $63.1M distributed to shareholders in the trailing twelve months.

Where can I find HNI SEC filings?

Official SEC filings for Hni Corp. (CIK: 0000048287) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HNI's EPS?

Hni Corp. has a diluted EPS of $1.11.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HNI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Hni Corp. has a SELL rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is HNI stock overvalued or undervalued?

Valuation metrics for HNI: ROE of 3.0% (sector avg: 15%), net margin of 1.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy HNI stock in 2026?

Our dual AI analysis gives Hni Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is HNI's free cash flow?

Hni Corp.'s operating cash flow is $276.3M, with capital expenditures of $67.8M. FCF margin is 7.3%.

How does HNI compare to other Market stocks?

Vs Default sector averages: Net margin 1.9% (avg: 12%), ROE 3.0% (avg: 15%), current ratio 1.24 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 11, 2026 | Data as of: 2026-01-03 | Powered by Claude AI