MillerKnoll, Inc. logo

MillerKnoll, Inc.

MLKN

NASDAQConsumer CyclicalFurnishings, Fixtures & Appliances

Previous close

$23.03

+$0.27 · +1.19%

Aug 21, 4:00 PM ET

MLKN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

90

Deep Value

Momentum

53

Neutral

Sentiment

58

Mixed

Risk resilience

50

Elevated Risk

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Company profile

Company website

MillerKnoll, Inc. is a global entity dedicated to the research, design, manufacturing, and distribution of a comprehensive range of interior furnishings. The company's operations are divided into four primary business segments: Americas Contract, International Contract, Global Retail, and Knoll. Its extensive product portfolio includes prominent office furniture brands such as Aeron, Mirra, Sayl, and Embody, alongside a variety of other seating options, storage solutions, and ergonomic accessories, featuring designs like Barcelona and the Flo monitor arm. Beyond these branded offerings, MillerKnoll provides a broad selection of office seating, integrated office furniture systems, freestanding furniture elements, textiles, leather, felt, home furnishings with related services, casegoods, and storage products. The company also specializes in furniture solutions tailored for residential, educational, and healthcare environments. As of May 28, 2022, MillerKnoll maintained a significant retail footprint, operating 70 studios globally. This network includes 35 stores under the DWR brand, 22 Herman Miller outlets, 7 HAY stores, 3 Knoll locations, 2 Muuto stores, and a single multi-brand flagship store in Chicago. MillerKnoll's products are utilized in a diverse array of settings, including institutional facilities, health and science centers, residential properties, transportation terminals, industrial sites, and educational institutions. The company distributes its offerings through a multi-channel approach, leveraging its internal sales force, independent dealers and retailers, and various e-commerce platforms. The company, originally incorporated in 1905, was formerly known as Herman Miller, Inc. before officially rebranding to MillerKnoll, Inc. in November 2021. Its corporate headquarters are located in Zeeland, Michigan.

Industry
Furnishings, Fixtures & Appliances
Sector
Consumer Cyclical
Headquarters
US
CEO
Jeffrey Stutz
Listed since
Mar 17, 1980
Employees
10,544

Market position

Day range

Current $23.03

52-week range

Current $23.03

Open
$23.035
Previous close
$22.76
Volume
446.59K
0.58× average
Average volume
772.94K
Average daily volume
Market cap
1.57B USD
Beta
1.36
Market reference 1
50-day average
$21.0432
+9.44% above average
200-day average
$18.3085
+25.79% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.75B USD
P/E (TTM)
17.45×
P/B (TTM)
1.18×
P/S (TTM)
0.41×
EV / EBITDA
7.57×
Earnings yield
8.22%
Free cash flow yield
6.97%
Dividend yield
3.26%

Profitability & efficiency

Gross margin
38.78%
Operating margin
5.52%
Net margin
2.38%
Return on equity
6.82%
Return on assets
2.29%
Return on invested capital
4.73%

Financial health

Debt / equity
1.34×
Current ratio
1.58×
Altman Z-score
1.87
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends43%27%11%-5%Gross margin, FY2022: 34.28%Gross margin, FY2023: 34.99%Gross margin, FY2024: 39.12%Gross margin, FY2025: 38.76%Gross margin, FY2026: 38.75%Operating margin, FY2022: 3.74%Operating margin, FY2023: 5.28%Operating margin, FY2024: 5.92%Operating margin, FY2025: 6.09%Operating margin, FY2026: 5.58%Net margin, FY2022: -0.69%Net margin, FY2023: 1.03%Net margin, FY2024: 2.27%Net margin, FY2025: -1.01%Net margin, FY2026: 2.38%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 34.28%. Gross margin FY2023 34.99%. Gross margin FY2024 39.12%. Gross margin FY2025 38.76%. Gross margin FY2026 38.75%. Operating margin FY2022 3.74%. Operating margin FY2023 5.28%. Operating margin FY2024 5.92%. Operating margin FY2025 6.09%. Operating margin FY2026 5.58%. Net margin FY2022 -0.69%. Net margin FY2023 1.03%. Net margin FY2024 2.27%. Net margin FY2025 -1.01%. Net margin FY2026 2.38%.

Income trends

Revenue

3.84B USD+4.68%

Operating income

214.4M USD-4.11%

Net income

91.5M USD+128.4M USD
Income trends across reported periods4.5B USD2.85B USD1.2B USD−449.3M USDRevenue, FY2022: 3.95B USDRevenue, FY2023: 4.09B USDRevenue, FY2024: 3.63B USDRevenue, FY2025: 3.67B USDRevenue, FY2026: 3.84B USDOperating income, FY2022: 147.7M USDOperating income, FY2023: 215.9M USDOperating income, FY2024: 214.8M USDOperating income, FY2025: 223.6M USDOperating income, FY2026: 214.4M USDNet income, FY2022: −27.1M USDNet income, FY2023: 42.1M USDNet income, FY2024: 82.3M USDNet income, FY2025: −36.9M USDNet income, FY2026: 91.5M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 3.95B USD. Revenue FY2023 4.09B USD. Revenue FY2024 3.63B USD. Revenue FY2025 3.67B USD. Revenue FY2026 3.84B USD. Operating income FY2022 147.7M USD. Operating income FY2023 215.9M USD. Operating income FY2024 214.8M USD. Operating income FY2025 223.6M USD. Operating income FY2026 214.4M USD. Net income FY2022 −27.1M USD. Net income FY2023 42.1M USD. Net income FY2024 82.3M USD. Net income FY2025 −36.9M USD. Net income FY2026 91.5M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue3.84B USD3.67B USD3.63B USD4.09B USD3.95B USD
Cost of goods sold2.35B USD2.25B USD2.21B USD2.66B USD2.59B USD
Gross profit1.49B USD1.42B USD1.42B USD1.43B USD1.35B USD
Research and development93.8M USD92.6M USD105.7M USD108.7M USD
Selling, general, and administrative1.28B USD1.11B USD1.11B USD1.11B USD1.1B USD
Operating expenses1.28B USD1.2B USD1.2B USD1.21B USD1.21B USD
Interest income5.4M USD6.1M USD2.8M USD1.6M USD
Interest expense76.7M USD76.2M USD74M USD37.8M USD
Depreciation and amortization148.3M USD140.5M USD155.1M USD155.1M USD190.6M USD
Operating income214.4M USD223.6M USD214.8M USD215.9M USD147.7M USD
Net income91.5M USD−36.9M USD82.3M USD42.1M USD−27.1M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
1.32
FY2026
Latest fiscal-year revenue
3.84B USD
FY2026 · +4.68% year over year
Next fiscal-year EPS consensus
2.02
FY2027 · 3 analysts
Next fiscal-year revenue consensus
3.99B USD
FY2027 · 3 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend2.711.530.35-0.82FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend4.3B4.06B3.81B3.57BFY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

6 ratings
Strong buy00%
Buy117%
Hold583%
Sell00%
Strong sell00%

Recent analyst actions

1 institution
Craig-HallummaintainHold

MLKN news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.75

2025 complete year0.0% since 2021

2026 partial: $0.375

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

$0.1875

Quarterly

Record Aug 29, 2026 · Payment Oct 15, 2026

Dividend

Ex-dividend May 29, 2026

$0.1875

Quarterly

Record May 30, 2026 · Payment Jul 15, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.1875

Quarterly

Record Feb 28, 2026 · Payment Apr 15, 2026

Dividend

Ex-dividend Nov 28, 2025

$0.1875

Quarterly

Record Nov 29, 2025 · Payment Jan 15, 2026

Dividend

Ex-dividend Aug 29, 2025

$0.1875

Quarterly

Record Aug 31, 2025 · Payment Oct 15, 2025

Dividend

Ex-dividend May 30, 2025

$0.1875

Quarterly

Record Jun 1, 2025 · Payment Jul 15, 2025

MLKN peers

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