HNI Corp (HNI)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 40.47% | 40.35% | 39.59% | 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% |
| Operating profit margin | 7.12% | 7.02% | 4.47% | 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% |
| Pretax margin | 6.04% | 5.80% | 3.27% | 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% |
| Net profit margin | 4.89% | 4.74% | 2.57% | 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% |
The Gross Profit Margin of HNI Corp has shown a declining trend over the years, starting at 37.32% on December 31, 2019, and reaching a low of 33.86% on June 30, 2022, before gradually increasing to 40.47% on December 31, 2024. This indicates fluctuations in the company's ability to generate profits from its core operations.
The Operating Profit Margin also displays variability, with the highest margin of 7.12% on December 31, 2024, and the lowest of 3.15% on December 31, 2020. The margin has experienced ups and downs during the period, but overall, there seems to be an improving trend in recent years.
The Pretax Margin of HNI Corp has also fluctuated, with a peak of 6.20% on December 31, 2022, and a low of 2.67% on December 31, 2023. This indicates the company's ability to control its expenses and generate profits before taxes.
The Net Profit Margin, reflecting the company's bottom line profitability, has varied over the period under review. It reached a peak of 5.25% on December 31, 2022, and a low of 1.85% on September 30, 2023. The margin shows the company's ability to convert revenue into net income and has shown improvement in recent years.
In conclusion, HNI Corp's profitability ratios have demonstrated fluctuations over the years, with some periods of decline and improvement. The company's ability to manage costs, optimize its operations, and generate profits has varied, but there are signs of improvement in recent years, especially in the Operating and Net Profit Margins.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.81% | 9.73% | 5.94% | 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% |
| Return on assets (ROA) | 6.73% | 6.57% | 3.42% | 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% |
| Return on total capital | 16.21% | 16.31% | 9.22% | 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% |
| Return on equity (ROE) | 15.02% | 14.85% | 8.48% | 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% |
HNI Corp's profitability ratios have shown fluctuating trends over the reported periods.
- Operating Return on Assets (Operating ROA) has ranged from 4.10% to 10.97% during the analyzed period, showcasing some volatility. The ratio indicates that the company generated between 4.10 cents to 10.97 cents of operating profit for every dollar of assets invested.
- Return on Assets (ROA) has varied between 2.13% and 8.76%, reflecting the company's ability to generate profit from its assets. The ratio signifies that HNI Corp generated between 2.13 cents and 8.76 cents of net income for every dollar of assets owned.
- Return on Total Capital has fluctuated between 6.69% and 19.27%, representing the return on both debt and equity capital invested in the company. This ratio indicates how efficiently the company is utilizing all sources of capital to generate profits.
- Return on Equity (ROE) has been in the range of 5.79% to 20.10%, indicating how well the company is generating returns on shareholder equity. The ratio shows the company's ability to generate profits from the shareholders' investments in the company.
Overall, the profitability ratios of HNI Corp have shown variability over time, reflecting the company's performance in generating profits relative to its assets and capital. Investors and analysts may consider these ratios alongside other financial metrics to assess the company's overall financial health and performance.