HNI Corp (HNI)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 38.96% | 38.01% | 36.52% | 35.81% | 35.35% | 34.28% | 33.86% | 34.08% | 34.68% | 36.13% | 37.05% | 36.92% | 37.01% | 37.30% | 37.68% | 37.76% | 37.32% | 37.08% | 37.16% | 37.24% |
| Operating profit margin | 3.71% | 3.56% | 4.87% | 6.22% | 6.57% | 6.01% | 3.71% | 3.66% | 3.91% | 4.92% | 5.72% | 5.49% | 3.15% | 4.68% | 5.45% | 5.57% | 6.77% | 5.91% | 5.64% | 5.77% |
| Pretax margin | 2.67% | 2.70% | 4.29% | 5.81% | 6.20% | 5.68% | 3.39% | 3.34% | 3.58% | 4.58% | 5.38% | 5.13% | 2.79% | 4.33% | 5.08% | 5.20% | 6.39% | 5.51% | 5.22% | 5.35% |
| Net profit margin | 2.03% | 1.85% | 3.09% | 4.91% | 5.25% | 4.83% | 3.02% | 2.60% | 2.74% | 3.47% | 4.16% | 4.11% | 2.15% | 3.35% | 3.89% | 3.85% | 4.95% | 4.29% | 4.04% | 4.13% |
HNI Corp's profitability ratios show fluctuations over the periods analyzed. The gross profit margin has been relatively stable, ranging between 33.86% and 38.96%. This indicates that the company has effectively managed its production costs and pricing strategies.
However, the operating profit margin has varied more significantly, ranging from 3.56% to 6.57%. This suggests that HNI Corp's operational efficiency and cost management have been inconsistent during the periods examined.
The pretax margin also demonstrates fluctuations, varying from 2.67% to 6.39%. This indicates that the company's ability to generate profits before accounting for taxes has been volatile, possibly influenced by changes in operating expenses, interest costs, and other income or expenses.
Similarly, the net profit margin has shown variability, ranging from 1.85% to 5.25%. This indicates that HNI Corp's bottom line profitability has been impacted by factors like taxes, interest expenses, and non-operating income, which have fluctuated over the periods analyzed.
In conclusion, while HNI Corp has maintained a relatively stable gross profit margin, its operating profit margin, pretax margin, and net profit margin have shown more significant fluctuations, pointing to potential challenges in consistently generating profits and managing costs effectively.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.68% | 4.10% | 5.19% | 10.21% | 10.97% | 9.62% | 5.57% | 5.46% | 5.70% | 6.84% | 7.96% | 7.66% | 4.33% | 6.81% | 8.78% | 9.05% | 10.42% | 8.93% | 8.62% | 9.00% |
| Return on assets (ROA) | 2.56% | 2.13% | 3.29% | 8.05% | 8.76% | 7.73% | 4.53% | 3.87% | 3.99% | 4.83% | 5.80% | 5.75% | 2.95% | 4.87% | 6.26% | 6.25% | 7.61% | 6.48% | 6.18% | 6.46% |
| Return on total capital | 7.59% | 6.69% | 8.21% | 17.24% | 19.27% | 17.88% | 10.16% | 10.11% | 11.18% | 13.06% | 14.53% | 13.60% | 8.03% | 12.52% | 15.69% | 15.93% | 20.04% | 16.48% | 15.32% | 15.27% |
| Return on equity (ROE) | 6.47% | 5.79% | 9.54% | 18.16% | 20.10% | 19.11% | 12.80% | 10.14% | 10.15% | 11.78% | 13.50% | 13.09% | 7.10% | 11.68% | 14.90% | 15.52% | 18.92% | 17.01% | 16.84% | 16.86% |
HNI Corp's profitability ratios have fluctuated over the past few quarters. The operating return on assets (Operating ROA) has ranged from 4.10% to 10.97%, with a downward trend towards the end of the period. This indicates the company's ability to generate operating income from its assets has varied.
The return on assets (ROA) has also shown variability, ranging from 2.13% to 8.76%, with a similar declining trend in recent quarters. ROA reflects the overall profitability of the company relative to its total assets.
The return on total capital has fluctuated between 6.69% and 19.27%, reflecting the return generated on all capital invested in the business. This ratio has also experienced a decline in the most recent periods.
Lastly, the return on equity (ROE) has ranged from 5.79% to 20.10%, showing the return generated on shareholders' equity. ROE has shown some volatility, but generally demonstrating profitability for equity investors.
Overall, HNI Corp's profitability ratios indicate some variability in performance over the analyzed period, with a general trend of decline in recent quarters. Further analysis of the company's financial statements and business operations may be needed to determine the underlying reasons for these fluctuations.