Hni (HNI) Operating Margin (2009 - 2026)
Hni's (HNI) quarterly Operating Margin came in at 2.7% in Q2 2026, down 677.0% year-on-year from 0.47% in Q2 2025, and up 23.08% on a QoQ basis from 3.51% in Q1 2026.
Hni (HNI) Operating Margin (2009 - 2026) Analysis & Trends
Hni (HNI) has 18 years of Operating Margin data on file, last reported at 2.7% in Q2 2026.
- On a quarterly basis, Operating Margin fell 677.0% year-over-year to 2.7% in Q2 2026; TTM through Apr 2026 was 1.82%, a 611.0% decrease from a year earlier, with the FY2026 full-year figure at 4.44%, down 374.0% from the prior year.
- Operating Margin for Q2 2026 stood at 2.7%, up from 3.51% in the prior quarter.
- Over the last five years, Operating Margin for HNI reached as high as 13.68% in Q4 2022 and fell as low as 3.51% in Q1 2026.
- Historically, Operating Margin has averaged 5.34% across 5 years, with a median of 4.93% in 2024.
- Across the five-year window, Operating Margin jumped 921 bps in 2022 and slumped 1201 bps in 2026, its largest moves.
- Year by year, Operating Margin stood at 4.04% in 2022, then rose by 12 bps to 4.52% in 2023, then surged by 88 bps to 8.5% in 2024, then rose by 11 bps to 9.45% in 2025, then slumped by 129 bps to 2.7% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 2.7% in Q2 2026, 3.51% in Q1 2026, and 9.45% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 11.65% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 10.39% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | 4.10% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 19.63% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | -2.70% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 0.55% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 9.77% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 7.23% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 5.12% |
| 10 | Leggett & Platt | 1.45 Bn | 936.18 Mn | 170.70 Mn | 4.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | -2.70% |
| Jan 3, 2026 | -3.51% |
| Sep 27, 2025 | 9.45% |
| Jun 28, 2025 | 10.22% |
| Mar 29, 2025 | 4.07% |
| Dec 28, 2024 | 8.50% |
| Sep 28, 2024 | 10.25% |
| Jun 29, 2024 | 8.56% |
| Mar 30, 2024 | 5.05% |
| Dec 30, 2023 | 4.52% |
| Sep 30, 2023 | 7.98% |
| Jul 1, 2023 | -0.64% |
| Apr 1, 2023 | 1.34% |
| Dec 31, 2022 | 4.04% |
| Oct 1, 2022 | 13.68% |
| Jul 2, 2022 | 4.81% |
| Apr 2, 2022 | 3.56% |
| Jan 1, 2022 | 7.02% |
| Oct 2, 2021 | 4.47% |
| Jul 3, 2021 | 4.84% |