MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract, International Contract, and Global Retail.
It is a $1.44B consumer company. Revenue grew 1.2% over the last year, and it keeps 3¢ of every dollar of sales as profit. It trades at 14.7× earnings — in the cheapest third of its own history.
- Website
- millerknoll.com
- Location
- Zeeland, MI
- Employees
- 10 544
- Sector
- Consumer Cyclical
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth, Profitability, Health and Moat lag behind.
Valuation100
- P/E vs own history13th pct · 25/25
- FCF yield8.0% · 25/25
- P/S0.4x · 25/25
- EV/EBITDA8.4x · 25/25
Growth25
- Revenue CAGR-0.7% · 0/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Y-8.0% · 0/25
- Fwd implied growth53.3% · 25/25
Profitability16
- ROICn/a · 0/25
- ROE7.3% · 5/25
- Net margin2.6% · 6/25
- Operating margin5.2% · 5/25
Health31
- Altman Z1.00 · 3/25
- Current ratio1.65 · 18/25
- Interest coverage3.0x · 10/25
- Net cash / debtn/a · 0/25
Quality97
- Piotroski F7/9 · 22/25
- Beneish M-2.78 · 25/25
- FCF conversion118% · 25/25
- Margin stabilityσ 3.6% · 25/25
Moat49
- ROIC >12% years5/10 yrs · 13/25
- Median gross margin37.9% · 13/25
- FCF-positive years10/11 yrs · 18/25
- Worst-year net marginworst -1.0% · 5/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- Sep 22, 2026EarningsBeat EPS estimate by 16%reported $0.42 vs $0.36 expected
- Jul 19, 2021AcquisitionThe acquisition was closed on July 19, 2021, and the company was rebranded as MillerKnoll
- FY2021FinancialBecame debt-freecash now exceeds total debt
- FY2021FinancialBest year on record$173M net income
- FY2016FinancialFirst recorded profitable year$137M net income
- FY2016FinancialRevenue already above $1B$2.26B in first reported year
- 2010AcquisitionThe firm acquired Colebrook Bosson Saunders, a designer and manufacturer of ergonomic furniture
- 1964ProductThis division developed the "Action Office" line in 1964 under the supervision of Robert Propst and with the design…
- 1919MilestoneIt was renamed the Michigan Star Furniture Co. under then-president Dirk Jan DePree
- 1867AcquisitionDePree and his father-in-law, Herman Miller, (born Harm Mulder on 7 September 1867 in Hoogemeeden, Groningen,…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Altman Z-Score 1.00 — elevated financial-distress risk
- Net debt would take ~14.2 years of free cash flow to repay
- Loss-making in 3 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+1.2% YoY
- Profitable — makes more than it spends$97.9M TTM
- Profit growing — earnings are higher than last year+33.6% YoY
- Generates cash — cash left after running and investing$116M TTM
- Debt under control — could handle its obligationscurrent ratio 1.65
- Established company — not a micro-cap — lower blow-up risk$1.44B market cap
- Not printing shares — share count not ballooning — you keep your slice+8.2% shares over ~5y
- Proven track record — years of profitability behind it8/11 profitable years
- Financially stable — balance sheet not near distressAltman Z 1.0 — distress
- Pays a dividend — returns cash to shareholdersyield 3.56%
- Valuation not extreme — price not wildly above earningsP/E 14.7
Peer comparisonMillerKnoll, Inc. vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| MLKN this company | $1.4B | 14.7 | +1.2% | 2.6% | Mixed |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: MLKN vs AMZN · MLKN vs TSLA · MLKN vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/MLKN
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Deeper analysis of MLKN on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $20.88 · market cap $1.44B.