business
COMPANY BENCHMARKING • UNITED STATES

Hni Corporation - Company Profile

Access all 5,000+ company profiles through Benchmarking Pro, available to Membership Plus subscribers. Unlock interactive competitor comparison tools that show you how Hni Corporation stacks up to the competition and put relevant competitor and industry information at your fingertips.


Hni Corporation - Overview

Brands
Allsteel, Danish Design Store, Design Public, DPG, Fireside Hearth & Home, Gunlocke Company LLC, Harman, HBF, HBF Textiles, Heat & Glo, Heatilator, HNI India, HON, HON Basyx, Lamex, Majestic, Monessen, OFM, PelPro, Quadra-Fire, Respawn, SimpliFire, Stellar, Vermont Castings
Description
Hni Corporation is a public company headquartered in Iowa with an estimated 6,654 employees. In the US, the company has a notable market share in at least two industries: Office Furniture Manufacturing and Household Furniture Manufacturing. Their largest market share is in the Office Furniture Manufacturing industry, where they account for an estimated 5.2% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Hni Corporation

Company Type: Operating

Exchange: NYSE

Headquarters: 600 East Second Street P O Box 1109 Muscatine IA 52761

Website: http://www.hnicorp.com/

Employees: 6654

Hni Corporation - Operating Industries and Main Competitors

error_outline To view all of Hni Corporation's operating industries and competitors, see purchase options.

Hni Corporation - Products and Services

  • Office Furniture Manufacturing in the US

    • Of the 6 core revenue-generating products and services in the Office Furniture Manufacturing in the US industry, Hni Corporation offers:
    • Custom architectural features
    • Desks and accessories
    • Lockers, partitions and shelving
    • AAAAA AAAAA

  • Household Furniture Manufacturing in the US

    • Of the 5 core revenue-generating products and services in the Household Furniture Manufacturing in the US industry, Hni Corporation offers:
    • Metal household furniture
    • Nonupholstered wood household furniture
    • Upholstered household furniture
    • AAAAA AAAAA
error_outline To view Hni Corporation's full products and services, see purchase options.

Hni Corporation - Analyst Insights

HNI announces opening of new facility in Saltillo, Mexico

In September 2021, HNI Corporation (HNI) announced it is opening a new office furniture manufacturing plant in Saltillo, Mexico. The company stated that the facility will provide additional capacity to meet HNIs growing customer demand for office season. The 160,000 square foot facility is expected to employ an additional 250 workers and will begin production in the first quarter of 2022. HNI plans to continue to increase staffing levels at the Corporations other primary manufacturing locations in North America.

New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

Lorem Ipsum text header Report Title

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.

Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.

error_outline To view all analyst insights on Hni Corporation, see purchase options.

Hni Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Hni Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Office Furniture Manufacturing in the US, and Household Furniture Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
Purchase a membership to unlock the full SWOT analysis of this company.
lock
Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
Purchase a membership to unlock the full SWOT analysis of this company.
lock
Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
Purchase a membership to unlock the full SWOT analysis of this company.
lock
Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
Purchase a membership to unlock the full SWOT analysis of this company.
lock
Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
  • AAAAA
  • AAAAA
  • AAAAA
Threats
  • AAAAA
  • AAAAA
  • AAAAA

error_outline To view Hni Corporation's full SWOT analysis, see purchase options.

Hni Corporation - Financial Statements & Ratios

pie_chartHni Corporation Income Statement

BALANCE DATE12/31/202212/31/202112/31/201912/31/201812/31/2017
Revenue2,184.41,955.42,246.92,257.92,175.9
Cost of Revenue00000000000000000000
Cost of Revenue, Non-Cash00000000000000000000
Gross Profit00000000000000000000
AAAAAA AAAAAA00000000000000000000

pie_chartHni Corporation Balance Sheet

BALANCE DATE12/31/202212/31/202112/31/201912/31/201812/31/2017
Cash and EquivalentsN/AN/A52.176.823.3
Short-Term Investments00000000000000000000
Derivative Assets, Current00000000000000000000
Restricted Cash and Investments00000000000000000000
AAAAAA AAAAAA00000000000000000000

pie_chartHni Corporation Cash Flow

BALANCE DATE12/31/202212/31/202112/31/201912/31/201812/31/2017
Net Income59.841.9110.593.389.9
Income (Loss) From Discontinued Operations00000000000000000000
Depreciation, Depletion and Amortization00000000000000000000
Amortization of Financing Costs and Discounts00000000000000000000
AAAAAA AAAAAA00000000000000000000

error_outline To view Hni Corporation's full competitive environment, see purchase options.

GET INSTANT ACCESS WITH MEMBERSHIP PLUS

100% Money Back Guarantee Digicert Trusted

BENCHMARKING PRO

What's Inside
Benchmarking Pro?

Available with US Membership Plus packages, this suite of company and industry data:

Benchmarks companies against industry averages or like-sized segments, as well as close competitors
Identifies real-world strengths, opportunites, weaknesses and threats
Reveals growth opportunities or red flags in a business growth strategy
LEARN MORE

Included in Report

  • Enterprise History & Synopsis
    Enterprise History & Synopsis
  • Enterprise Financial Statements
    Company Financial Statements
  • Financial Ratios
    Industry Market Share Breakdown
  • Industry Averages
    Industry Competitor Matrix
  • Competitive Landscape
    SWOT Analysis
  • Key Enterprise Personnel
    Products and Services
  • Subsidiaries & Ownership Structure
    Key Company Benchmarks

Why purchase access to Benchmarking Pro?

This profile on Hni Corporation includes:

  • Company Overview
  • Company Revenue and Employee Data
  • Company Financial Statements
  • Industry Market Share Breakdown
  • Industry Competitor Matrix
  • SWOT Analysis
  • Products and Services
  • Key Company Benchmarks
  • Interconnected Competitor Profiles and Industry Reports
  • Full Access to Benchmarking Pro

The IBISWorld Benchmarking Pro solution enables you to:

  • Understand a enterprise’s competitive landscape and how they perform within a like-sized industry segment.
  • Benchmark companies against industry averages, segment averages and their competitors.
  • Identify real-world strengths, opportunities, weaknesses and threats for companies.
  • Target growth opportunities or spot red flags in a business growth strategy.
  • Toggle between company profiles and industry reports for a 360 degree view of a company's position.

IBISWorld provides profiles on thousands of leading companies around the world. Our clients rely on our information and data to stay up-to-date on business and industry trends across all sectors of the economy. This company profile, along with the corresponding competitor and industry data provided, includes thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal