Below are the financial statements of HNI, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 2,526.4a | 2,434a | 2,361.8a |
| Cost of sales | -1,493a | -1,485.7a | -1,526.9a |
| Gross profit | 1,033.4a | 948.3a | 834.9a |
| Selling and administrative expenses | -820.7a | -813.2a | -723.4a |
| Gain on sale of subsidiary | 0a | 0a | -50.4a |
| Restructuring and impairment charges | -6.2a | -44.8a | -6.7a |
| Operating income | 206.5a | 90.3a | 155.2a |
| Interest expense, net | -27.2a | -25.5a | -8.8a |
| Income before income taxes | 179.3a | 64.8a | 146.4a |
| Income tax expense | -39.8a | -15.6a | -22.5a |
| Net income | 139.5a | 49.2a | 123.9a |
| Less: Net income (loss) attributable to non-controlling interest | 0a | 0a | 0a |
| Net income attributable to HNI Corporation | 139.5a | 49.2a | 123.9a |
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