MILLERKNOLL, INC. MLKN
Last close
22.92
2026-09-04
Market cap
$1.56B
2026-05-30 share count
52-week range
13.77 - 24.71
Valuation FY2025 figures against the last close
P/S0.4x
P/E17.4x
P/FCF20.1x
EV/EBITDA4.1x
Dividend yield3.3%
Diluted EPS1.32
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.84B | $3.63B | $4.09B | $3.95B | $2.47B | $2.49B | $2.38B | $2.28B | $2.26B | $2.14B |
| Cost of revenue | $2.35B | $2.21B | $2.66B | $2.59B | $1.51B | $1.58B | $1.51B | $1.41B | $1.39B | $1.35B |
| Gross profit | $1.49B | $1.42B | $1.43B | $1.35B | $951.1M | $911.2M | $873.0M | $864.2M | $874.2M | $791.4M |
| R&D | $100.3M | $92.6M | $105.7M | $108.7M | $72.1M | $54.3M | $57.1M | $58.6M | $62.4M | $56.7M |
| SG&A | $1.18B | $1.11B | $1.13B | $1.20B | $643.8M | $643.3M | $615.3M | $587.5M | $585.6M | $543.9M |
| Total operating expenses | $1.29B | $1.25B | $1.31B | $1.31B | $718.6M | $949.1M | $694.1M | $673.1M | $662.7M | $628.0M |
| Operating income | $198.3M | $167.2M | $122.3M | $39.8M | $232.5M | -$37.9M | $178.9M | $191.1M | $211.5M | $163.4M |
| Interest expense | $69.9M | $76.2M | $74.0M | $37.8M | $13.9M | $12.5M | $13.5M | $15.2M | $15.4M | $17.5M |
| Pre-tax income | $128.2M | $99.7M | $51.4M | -$8.6M | $228.3M | -$12.9M | $168.1M | $177.6M | $196.6M | $145.2M |
| Income tax | $32.4M | $14.7M | $4.5M | $11.1M | $48.3M | $6.1M | $42.4M | $55.1M | $59.5M | $47.2M |
| Net income | $91.5M | $82.3M | $42.1M | -$27.1M | $174.6M | -$8.7M | $128.1M | $123.9M | $136.7M | $97.5M |
| EPS, basic | 1.33 | 1.12 | 0.56 | -0.37 | 2.96 | -0.15 | 2.15 | 2.07 | 2.28 | 1.64 |
| EPS, diluted | 1.32 | 1.11 | 0.55 | -0.37 | 2.94 | -0.15 | 2.12 | 2.05 | 2.26 | 1.62 |
| Shares, diluted (wtd. avg.) | $69.3M | $74.0M | $76.0M | $73.2M | $59.4M | $58.9M | $60.3M | $60.6M | $60.5M | $60.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $167.7M | $193.7M | $223.5M | $230.3M | $396.4M | $454.0M | $203.9M | $96.2M | $84.9M | $63.7M |
| Short-term investments | — | — | — | $0 | $7.7M | $7.0M | $8.6M | $8.6M | $7.5M | $5.7M |
| Receivables | $357.4M | $350.2M | $334.1M | $348.9M | $204.7M | $180.0M | $217.4M | $186.6M | $211.0M | $189.6M |
| Inventory | $488.4M | $447.5M | $487.4M | $587.3M | $228.6M | $197.3M | $162.4M | $152.4M | $128.2M | $129.6M |
| Total current assets | $1.14B | $1.11B | $1.18B | $1.32B | $906.5M | $917.1M | $645.4M | $491.9M | $480.5M | $463.5M |
| Property, plant and equipment | $511.3M | $496.1M | $536.3M | $581.5M | $327.2M | $330.8M | $331.4M | $314.6M | $280.1M | $249.5M |
| Goodwill | $1.16B | $1.23B | $1.22B | $1.23B | $364.2M | $346.0M | $304.1M | $304.5M | $305.3M | $303.1M |
| Other intangibles | $214.0M | $247.5M | $313.1M | $362.4M | $105.2M | $112.4M | $41.3M | $45.4M | $50.8M | $52.3M |
| Total assets | $4.00B | $3.95B | $4.27B | $4.51B | $2.08B | $1.57B | $1.48B | $1.31B | $1.24B | $1.19B |
| Accounts payable | $279.1M | $271.3M | $269.5M | $355.1M | $178.4M | $128.8M | $171.4M | $148.4M | $165.6M | $164.7M |
| Short-term debt | $25.1M | $16.0M | $33.4M | $29.3M | $2.2M | $51.4M | $10.8M | $10.2M | — | $0 |
| Total current liabilities | $721.1M | $703.8M | $702.8M | $877.4M | $476.5M | $470.2M | $413.8M | $385.7M | $390.0M | $363.4M |
| Long-term debt | — | — | $1.37B | $1.38B | $274.9M | $539.9M | $275.0M | $199.9M | $221.9M | $289.8M |
| Total liabilities | $2.59B | $2.62B | $2.73B | $2.98B | $1.14B | $1.36B | $784.2M | $694.0M | $683.5M | $742.0M |
| Retained earnings | $704.0M | $665.1M | $676.1M | $693.3M | $819.3M | $683.9M | $598.3M | $519.5M | $435.3M | $330.2M |
| Total equity | $1.34B | $1.39B | $1.43B | $1.43B | $860.5M | $652.4M | $664.8M | $587.7M | $524.7M | $420.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $199.9M | $352.3M | $162.9M | -$11.9M | $332.3M | $221.8M | $166.5M | $202.1M | $210.4M | $167.7M |
| Depreciation and amortisation | $148.3M | $155.1M | $155.1M | $190.6M | $87.2M | $79.5M | $66.9M | $58.9M | $53.0M | $49.8M |
| Stock-based compensation | $26.0M | $20.7M | $20.2M | $31.4M | $9.0M | $2.7M | $7.7M | $8.7M | $11.9M | $10.0M |
| Capital expenditure | $122.3M | $78.4M | $83.3M | $94.7M | $59.8M | $69.0M | $70.6M | $87.3M | $85.1M | $63.6M |
| Investing cash flow | -$115.6M | -$86.3M | -$76.5M | -$1.17B | -$59.9M | -$168.1M | -$62.7M | -$116.3M | -$80.8M | -$213.6M |
| Financing cash flow | -$117.0M | -$258.8M | -$86.8M | $1.04B | -$347.7M | $244.0M | $2.5M | -$74.6M | -$106.5M | $6.8M |
| Dividends paid | $51.1M | $55.6M | $57.1M | $54.5M | $34.5M | $36.4M | $42.4M | $39.4M | $34.9M | $33.3M |
| Buybacks | — | $138.2M | $16.0M | $16.2M | $900.0K | $26.6M | $46.5M | $23.7M | $14.1M | $3.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000066382-26-000143.